It's All About Annuities.

This conversation covers the importance of estate planning, including wills, powers of attorney, healthcare directives, and beneficiary designations. It emphasizes the need to update estate documents and align them with investment strategies. The discussion also highlights the role of trusts in estate planning and the importance of comprehensive retirement planning. The conversation then explores the worst retirement planning advice, including the inability to predict taxes in retirement, the misconception of spending less in retirement, and the insufficiency of relying solely on Social Security benefits. It also addresses the pitfalls of borrowing from retirement accounts, the fallacy of the one million dollar retirement goal, and the flaws of the 60-40 stock-bond blueprint. The conversation concludes by emphasizing the importance of customized retirement plans that consider individual goals, circumstances, and risk tolerance. In this episode, the hosts answer listener questions about retirement planning. 

Reach out to Ben and Matt at 877-249-6900 or https://soundpathretirement.com/

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The conversation covers the importance of having a written retirement plan, creating a budget and determining the income gap, ensuring stable and consistent income, considering healthcare costs and tax planning, conducting an asset inventory and managing risk exposure, involving spouses in retirement savings, holding regular budget meetings, planning retirement dates, and utilizing all retirement options and individualized investment strategies. The conversation covers various topics related to retirement planning, investment strategy, long-term care insurance, and annuities. Lastly, they address the pros and cons of annuities and highlight the importance of working with an independent fiduciary for retirement planning.

Reach out to Ben and Matt at 877-249-6900 or https://soundpathretirement.com/

See omnystudio.com/listener for privacy information.

The hosts discuss the importance of adjusting to retirement and determining what's working and what's not. They emphasize the need for annual reviews and checkpoints to ensure that retirement plans are on track. The conversation then shifts to the benefits of rolling over 401ks to IRAs, including more investment options and flexibility. The hosts also discuss tax strategies, contribution limits, and borrowing options. They stress the importance of budgeting and setting goals, as well as being open and honest with your spouse about retirement plans. The episode concludes with a reminder to start budgeting and seek the help of a financial advisor. 

Reach out to Ben and Matt at 877-249-6900 or https://soundpathretirement.com/

See omnystudio.com/listener for privacy information.

The conversation discusses the good, bad, and ugly of annuities, focusing on compensation for advisors, conflicts of interest, variable annuities, fixed annuities, and fixed indexed annuities. The hosts emphasize the importance of understanding how advisors are paid and identifying potential conflicts of interest. They also highlight the need for transparency and working with fiduciaries who prioritize the client's best interests. The conversation provides insights into the different types of annuities and their pros and cons, helping listeners make informed decisions about their retirement planning. In this conversation, Ben and Matt discuss various types of annuities and their features. The conversation also touches on the importance of understanding the trade-offs and risks associated with annuities, as well as the potential benefits of riders. The hosts conclude by encouraging listeners to seek professional advice and review their annuity options.

Reach out to Ben and Matt at 877-249-6900 or https://soundpathretirement.com/

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Retirement is all about change and how we adjust to those changes. In this conversation, the hosts discuss unexpected changes in retirement, including daily routines, health, income, and retirement planning. They emphasize the importance of adjusting to a new routine, prioritizing physical and mental health, managing income changes, and staying up-to-date with modern retirement planning strategies. They also discuss the financial red zone, where individuals are five to ten years away from retirement, and the need to plan for healthcare costs in retirement.  The hosts emphasize the importance of personalized retirement planning and the need to consider individual circumstances and goals. They also encourage listeners to schedule a meeting with them for a comprehensive retirement plan.

Reach out to Ben and Matt at 877-249-6900 or Sound Path Through Retirement

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On today's show, Ben, Matt and Gary discuss strategies and lessons from football that can be applied to retirement planning. They start by talking about the financial red zone, which is the period five to ten years before retirement. They emphasize the importance of having a solid plan during this time and avoiding risky moves. They also discuss the need for offense and defense in retirement planning, reviewing and adjusting the plan regularly, and the importance of finding the right financial advisor. The conversation concludes with a discussion on handling pressure and having a backup plan, as well as tackling inflation and closing the gap in retirement savings. Reach out to Jeremy at 800-800-6073 or https://www.myelementwealth.com/

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Around 10,000 baby boomers retire every day, and that number will be even higher this year.  On today’s show Sound Path Through Retirement with Ben and Mattwe’ll break down a list that you may want to avoid and we’re calling it the ‘unbucket-list’. Also,if saving for retirement hasn’t been a priority until now, chances are you’ve still got time to turn things around. In the style of comedian Jeff Foxworthy we’ve put together a list of things we call...you might not be able to retire if....The good news is we’ve also got solutions to help get you on a better path.

Reach out to Ben and Matt at 877-249-6900 or https://soundpathretirement.com/

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 On today’s show Sound Path Through Retirement with Ben and Matt we cover some shocking statistics, how to achieve your financial goals in the new year, and help get you started. Plus, U.S. credit card debt surged to more than $1 trillion for the first time in 2023 and nearly 9 million student loan borrowers defaulted on payments—so what is that telling you about the future of the economy?

Reach out to Ben and Matt at 877-249-6900 

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On today’s show Sound Path Through Retirement with Ben and Matt they  answer the most frequently asked annuity questions, how to pivot from the accumulation to decumulation stage and how you can hit the easy button along your retirement road trip. In addition we spend most of our careers accumulating money for retirement. Once we hit that financial red zone the focus has to shift to decumulation. We’ll break that down and explore some ways to do it correctly.

Reach out to Ben and Matt at 877-249-6900 or https://soundpathretirement.com/

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You know about what it costs to run your household on a monthly basis and you know you should be padding that emergency fund. But are you? It’s the little things that can cause the biggest problems in retirement. On today’s show Sound Path Through Retirement with Ben and Matt they'll tell you how to avoid making costly mistakes and get your financial health in order for 2024.

Reach out to Ben and Matt at 877-249-6900 or https://soundpathretirement.com/

See omnystudio.com/listener for privacy information.