Retirement Elevated Podcast with Sean Lee

How are geopolitical events impacting the market? What is being reported on and what is not? On today’s special market update show, Michael Sorrentino, CIO of Elevated Capital Advisors, discusses these topics and more.
 
What we discuss: 
0:55 – Let’s talk through this
1:55 – Catalysts for volatility
5:33 – What’s not being reported
11:06 – The shift that’s occurring now
13:28 – Geopolitical pressures with Russia
15:24 – Rising interest rates
18:15 – How does this impact spending?
20:11 – Starting early and going slow
23:01 – Adjustments based on fundamentals
23:49 – What are we not going to do?
26:34 – The economy is strong
 
Get additional financial information: https://retirementelevatedpodcast.com/

What can you expect when going through the planning process when working with a financial advisor? Sean explains the process at Elevated Retirement Group and how it helps his clients reach their financial goals.
 
What we discuss: 
0:30 - How do we feel about this year’s Super Bowl?
1:33 - What signs show an advisor is overly focused on selling?
2:35 - What information are they gathering about you?
2:54 - Are they pointing out the good and the bad?
3:41 - What’s the process at Retirement Elevated?
5:40 - What improvements have Sean made in the planning process?
6:58 - What advice would Sean give his former self?
8:42 - Is there something unique about the experience working with Retirement Elevated?
 
Get additional financial information: https://retirementelevatedpodcast.com/

There’s a whole lot of life we can’t control, but let’s focus instead on what you can control. Regardless of what the future may bring, you still can take control and strategize as best as possible now.
 
What we discuss: 
1:19 - Can’t control the market.
4:49 - Can’t control how long you’re going to live.
6:40 - Taxes are inevitable.
8:47 - Is Social Security a part of your future?
 
Get additional financial information: https://retirementelevatedpodcast.com/

What things should you be focusing on in 2022? We talk through a checklist of financial things to focus on in the new year.
 
What we discuss: 
1:23 - Adjust tax withholdings.
3:43 - Assess retirement contributions.
5:52 - Gather your tax information.
8:19 - What’s your overall retirement health?
 
Get additional financial information: https://retirementelevatedpodcast.com/

What can we learn from characters like Scrooge or George Bailey when it comes to your financial plan? Sean shares how to can have a better approach to your finances in this fun Christmas episode.
 
Read and get additional financial information: https://retirementelevatedpodcast.com/podcast/ep-79-classic-christmas-characters/
 
What we discuss: 
0:34 - Sean has big holiday plans!
1:39 - Are you like Cousin Eddie?
4:10 - Scrooge is a classic stingy guy about money.
7:02 - George Bailey was always stressed.
9:19 - Kevin McCallister had to figure out how to make it on his own.

What should you do before the ball drops on New Year’s Eve? Sean talks through key financial moves to make before the 2021 year ends.
 
Read and get additional financial information: https://retirementelevatedpodcast.com/podcast/ep-78-end-of-the-year-financial-moves/
 
What we discuss: 
1:06 - Is it too late to max out retirement contributions?
2:48 - Have you taken out your RMDs?   
4:04 - Explore tax-loss harvesting possibilities.
5:30 - Are you giving to charity?
6:55 - Will purchases give you a tax credit?
7:49 - Is a Roth conversion right for you?

Is that the whole truth and nothing but the truth? So often we hear these financial concepts but don’t get the full picture of what’s going on and what to look for. Sean shares what you really need to know.
 
Read and get additional financial information: https://retirementelevatedpodcast.com/podcast/ep-77-financial-half-truths/
 
What we discuss: 
0:20 - What are Sean’s and Marc’s favorite holidays?
2:05 - “Don’t worry about those losses.”
5:25 - “The fees are less than one percent.”
7:43 - “Diversification is key.”

Everyone wants to make the best decisions when it comes to their money and their future. In what ways can you avoid making mistakes when choosing a financial advisor?
 
Read and get additional financial information: https://retirementelevatedpodcast.com/podcast/ep-76-mistakes-to-avoid-when-choosing-a-financial-advisor/
 
What we discuss: 
0:26 - Sean’s getting ready for the holidays.
1:43 - How can you avoid making mistakes when looking for an advisor?
4:27 - Bigger is not always better.  
6:58 - Don’t pretend you know, ask questions.
9:17 - Work with the advisor with the right specialty.

Is it time to put your lazy money to work? On today’s show, we talk about what lazy money is and why you shouldn’t keep too much of it lying around.
 
Read and get additional financial information: https://retirementelevatedpodcast.com/podcast/ep-75-lazy-money/
 
What we discuss: 
1:00 - What is lazy money?
3:09 - Why do people have it?
4:29 - Why is having lazy money dangerous?  
6:43 - How does Sean help?

What kind of decisions do you need to make when it comes to your home in retirement? Sean talks through several scenarios people tend to consider when it comes to their house.
 
Read and get additional financial information: https://retirementelevatedpodcast.com/podcast/this-ones-on-the-house/
 
What we discuss: 
0:39 - How’s everything been?
1:28 - Feeling ready to downsize?
4:23 - Should you pay off the house?
6:22 - Thinking about a vacation home?
8:22 - Wondering about moving out of state?
10:20 - What are the perks of a retirement community?