Is rebalancing your portfolio a December tradition, a January jumpstart, or something triggered by a big life event or even the economy? Let’s explore the when, why, and how of rebalancing.

Here’s some of what we discuss in this episode:

• What is rebalancing and why it’s important.
• How life events can trigger a need to rebalance your portfolio.
• What is threshold rebalancing?
• When market conditions can impact rebalancing.

For more, visit us online: http://thefinancialanswer.com

Did you know most Americans retire earlier than planned? This is often due to unexpected health issues, job changes, or financial surprises. These challenges can force people out of work early, leaving them unprepared for decades of retirement.

In this episode, we’ll explore recent research highlighting the importance of planning for early retirement, even if it’s not in your current plans.

Here’s some of what we discuss in this episode:

• Why do Americans retire earlier than planned?
• What is the financial impact of early retirement?
• How can you prepare for an unexpected retirement?
• How can retirees find fulfillment despite financial challenges?

Resources for this episode:

Most Americans Have To Stop Working Earlier Article

https://www.aol.com/planning-retire-65-most-americans-080104599.html

For more, visit us online: http://thefinancialanswer.com

Election season has officially wrapped up, and with the results in, we now have a clearer picture of what the future may hold. In today’s episode, Nathan and Marc dive into several important topics that could be shaped by the new administration. Listen in as they discuss the potential extension of the Tax Cuts and Jobs Act, government spending and tariffs, and how the outcome of presidential elections can influence the market.

Here’s some of what we discuss in this episode:

• The possible extension of the Tax Cuts and Jobs Act
• Taking advantage of Roth conversions during this time
• National deficit concerns and potential solutions
• The market’s reaction to the election

Resources for this episode:

https://www.usatoday.com/story/money/personalfinance/2024/11/17/trump-republican-win-low-tax-economy/76296530007/

For more, visit us online: http://thefinancialanswer.com

Whether you’re anticipating a year-end bonus this December, recently received an inheritance, or even won the lottery (hey, we’re all allowed to dream), figuring out what to do with a large financial windfall can feel overwhelming. No matter how you’ve come into this newfound wealth, it’s important to approach it thoughtfully.

Here’s some of what we discuss in this episode:

• Don’t rush your decision. When things get emotional, it’s best to take a breath and slow down.
• What are some of the smart options for putting this money to work?
• Find some balance. You don’t need to save or invest every penny.
• Some special considerations to keep in mind if you get a nice bonus this year.

For more, visit us online: http://thefinancialanswer.com

Wondering if dividend investing is still the best approach for your retirement? Based on a recent article, we dive into what incidental income is and how it may change your strategy around dividends. Nathan talks about how it generates cash flow from portfolio turnover rather than relying solely on dividends.

Here’s some of what we discuss in this episode:

• How incidental income compares to dividend investing.
• The potential volatility of overfocusing on dividend stocks.
• The tax implications of this strategy.

Read more: https://seekingalpha.com/article/4723299-incidental-income-makes-dividend-investing-unnecessary-in-retirement

Visit us online: http://thefinancialanswer.com

The financial landscape is changing rapidly, and if you’re focused on retirement, these shifts can’t be ignored. In today’s episode, we break down the trends that will define the rest of 2024 and their implications for your retirement plan.

Here’s some of what we discuss in this episode:

• Nathan’s big getaway.
• Market volatility and how much an election changes that.
• Shifts in housing and the real estate market.
• Changes in interest rates.
• Consumer debt and how to make smarter decisions.

For more, visit us online: http://thefinancialanswer.com

Retirement planning as a couple can come with its share of challenges. You aren’t planning for the financial future of just one person, but two! Often, each person comes with their own set of fears, feelings, and feedback.

In today’s podcast, Nathan delves into why retirement planning should be a team effort and how couples can work together to avoid common pitfalls.

Here’s some of what we discuss in this episode:

• The importance of communication and open dialogue.
• Discussing the details of the plan.
• Agreeing on the risk tolerance.
• Establish a healthy budget and spending habits.

For more, visit us online: http://thefinancialanswer.com

As we celebrate National Financial Planning Month, there's no better time to take control of your financial future. In today’s podcast, Nathan discusses the ins and outs of building a personalized financial plan. Whether you're just starting out or looking to refine your strategy, Nathan's insights are invaluable for anyone looking to secure their financial future.

Here’s some of what we discuss in this episode:

• Why Nathan became a financial advisor.
• What the initial phases of the planning process looks like.
• Why financial education is important.
• What to do if you’ve been procrastinating with your financial plan.

For more, visit us online: http://thefinancialanswer.com