Simplify Your Retirement

Stephen Stricklin, CFP®
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Simplify Your Retirement

In the Simplify Your Retirement podcast, Stephen Stricklin, CFP®, president and founder of Wise Wealth shares wisdom to help individuals and couples plan for a peaceful and enjoyable retirement. Stephen, with his years of experience and expertise in retirement income planning along with guest experts, will help you achieve “First Wisdom, Then Wealth!” For more information about Wise Wealth visit www.WiseWealth.com or email our team of professionals at info@wisewealth.com.

  1. FEB 27

    Season 6 Episode 10 The Blockchain Breakdown: Understanding Cryptocurrency

    In this episode of The Blockchain Breakdown: Understanding Cryptocurrency, we explore the importance of understanding digital assets and cryptocurrency as they become mainstream. Digital assets, including cryptocurrencies, are emerging as a new asset class with unique risks and opportunities for diversification. Tune in as we discuss key terms such as Bitcoin, tokens, NFTs, and share our insights on how to incorporate digital assets into a well-diversified portfolio While investing in digital assets, like Bitcoin, can add significant potential upside to a portfolio, it should be a small allocation (around 1%) using only funds set aside for high risk. It's also important to treat it as a long-term investment (5+ years) and be prepared for the possibility of losses. The key to successful investing in Bitcoin or other cryptocurrencies is having time and discipline, rather than acting on fear or greed. A well-balanced, thoughtful strategy with small allocations (1-5%) and a long-term horizon (5+ years) is essential. Ultimately, investing should provide peace of mind, fit within your broader financial plan, and free you to focus on life’s most important priorities. If you want to learn more about Wise Wealth and our Retirement Freedom Plan™ feel free to contact our team. One of our experience financial advisors will be happy to answer any questions you have! Contact Us: www.wisewealth.com/contact-us info@wisewealth.com 816.246.WISE (9473)

    47 min

  2. FEB 4

    Season 6 Episode 9 High Yield Savings: Making an Impact with Your Cash

    Today, we’re joined by Starla Hendricks, Vice President of Intermediary Sales at KEEP by Stone Castle. With over 30 years in financial services, Starla works closely with RIAs and wealth managers to help them navigate the cash and deposit landscape, providing solutions like KEEP—a high-yield, FDIC-insured cash account that offers protection and a better rate than typical savings accounts at local banks. We’re excited to dive into how KEEP can provide clients with a secure, higher-yield alternative to traditional banking. • KEEP by Stone Castle offers a unique advantage by providing up to $100 million in FDIC insurance on a single account, compared to the typical $250,000 limit at a local bank. Unlike local banks, where individuals with larger sums must spread their funds across multiple institutions to maintain FDIC coverage, KEEP allows clients to consolidate their funds into one account with full protection, all under a single tax ID. • It’s crucial for individuals to fully understand the limits of FDIC insurance. If you have more than $250,000 in a single bank account, any amount over that is not protected if the bank fails. Many people don’t realize that, for example, if they inherit money or have accumulated significant savings, they could be leaving a large portion of it uninsured. With over $7 trillion currently sitting above the FDIC limit, much of it earning zero interest, it’s essential to stay informed and ensure your funds are properly protected and earning a competitive return. • KEEP not only offers higher returns but also makes a positive impact by investing in community banks and credit unions, particularly those serving underserved populations. Through the Keep Impact initiative, funds are directed to minority depository institutions and community development financial institutions, helping to fund housing, minority-owned businesses, and other vital community projects. It's important to note, this is an option and there are other products to consider. As a fiduciary advisor, it is our responsibility to consider all options available and determine what products are a good fit based on the individual needs and goals of every client. Let's create your Retirement Freedom Plan™, starting with the “Clarity Conversation”. Reach out to us at 816-246-WISE or email info@wisewealth.com to start the journey toward freedom. 📅 SCHEDULE A CONSULTATION: 816.246.WISE (9473) info@wisewealth.com www.wisewealth.com

    30 min

  3. JAN 17

    Season 6 Episode 8 Part Two: Creating a Purposeful and Confident Life in Retirement

    The conversation continues with guest, Samantha Tiller who focuses on eight key areas where retirees need to be intentional in order to achieve peace of mind during their retirement. If you missed the last episode, be sure to go back and watch & listen to the first three areas of the “Retire Wellthy Framework” – financial wellness, occupational wellness, and social wellness. Continue watching or listening this episode and learn the final 5 dimensions of the Retire Wellthy Framework: Emotional Wellness Environmental Wellness Intellectual Wellness Spiritual Wellness Physical Wellness Emotional wellness in retirement involves creating balance and managing daily emotional shifts. Key challenges include loss of identity and feeling disconnected. Building a routine with activities like meditation or outdoor walks helps maintain emotional health, fostering peace and contentment. A fulfilling retirement goes beyond finances—it's about developing habits that support emotional well-being. Environmental wellness focuses on creating pleasant, stimulating spaces in both your home and community. This includes improving your living spaces, considering your neighborhood, and ensuring your surroundings support your well-being. Simple changes can have a big impact, whether it's enhancing your home environment or exploring new places that uplift and energize you. Intellectual wellness in retirement is about staying curious and continuously learning, whether through creativity, new topics, or skills like language learning. It’s important to avoid stagnation and remain open to growth, exploring new interests and challenges to stay engaged and youthful. Spiritual wellness in retirement involves reflecting on one’s relationship with a higher power and finding peace about life’s transitions, including aging and the afterlife. It’s important to make space for spiritual practices like prayer, meditation, or connecting with nature, helping to nurture the soul and maintain a sense of inner peace. And finally… Physical wellness in retirement involves a holistic approach, focusing on nutrition, activity, and sleep. Instead of jumping into a rigid fitness routine, it’s important to ease into healthy habits that suit your body’s current needs, while also being mindful of the other dimensions of wellness. To learn more about how Samantha Lane helps retirees walk through all 8 dimensions of wellness, contact her at Sam@Lumina-Coaching.com or by phone at 913.522.9295.  If you’re ready to take the next step and talk with one of our experienced financial advisors, schedule a complimentary 15-minute consultation. Call: 816.246.WISE (9473) Contact us: www.wisewealth.com/contact-us

    30 min

  4. JAN 16

    Season 6 Episode 7 Retire “Wellthy” Creating a Purposeful and Confident Life in Retirement

    In this podcast conversation, our guest is Samantha Tiller, the owner and founder of Lumina Coaching. She is a life transition coach specializing in helping people navigate significant life changes, particularly retirement. With her expertise, she helps clients find meaning, purpose, and direction after they retire, addressing the common fear of becoming aimless or disconnected. She emphasizes the importance of not only filling time with activities but also exploring deeper questions about identity and who one wants to be in this new phase of life. Samantha shares her experience of working with clients both before and after retirement, helping them navigate feelings of uncertainty and find meaning in their new phase of life. She explains the common "honeymoon phase" of retirement, where people enjoy the initial freedom but eventually face a sense of emptiness after a few months of leisure activities. Samantha offers a coaching approach centered around the idea that awareness plus choice equals peace, encouraging retirees to reflect on what they want their post-work life to look like and how to achieve lasting contentment. Learn the Retire “Wellthy” Framework which includes 8 dimensions of wellness: Financial Wellness Occupational Wellness Social Wellness Emotional Wellness Environmental Wellness Intellectual Wellness Spiritual Wellness Physical Wellness Awareness in these eight areas allows retirees to move confidently into retirement, with a focus on balance and improvement, not perfection. Being intentional about planning for a successful retirement requires focusing on more than just your financial wellness. That is why we are proud to have Samantha on our podcast, as we know how much she can benefit our clients. For more information about her services, visit www.lumina-coaching.com. Call: 816.246.WISE (9473) Contact us: www.wisewealth.com/contact-us Schedule a date & time online: https://calendly.com/myretirementsurvey/15min?month=2024-12

    35 min

  5. 2024-12-23

    Season 6 Episode 6 Legacy Beyond Dollars: Sharing Wisdom, Values, and Family Stories

    Simplify Your Retirement

    31 min

  6. 2024-11-27

    Season 6 Episode 5 Biblically Responsible Investing: A Deeper Look at Values-Driven Portfolios

    “Every client deserves the right to invest according to their values.” This is a quote from one of our guests, Mark Reifer. He's a financial advisor, and certified kingdom advisor (CKA), with a long history of managing portfolios and experience in biblically responsible investing. He emphasizes the importance of asset allocation, strategy, and moral screening in portfolio management. Along with Mark, we are joined by Ben Malick: A chartered financial analyst (CFA) and certified kingdom advisor (CKA), Ben focuses on building biblically responsible portfolios under Bright Portfolios, which balance good returns with ethical investments. In this episode, we dive into what kind of companies we are looking to include and which ones we want to exclude and why., The main focus is on finding companies that are "doing good" by treating employees, customers, and communities well, while also delivering positive products and services. The goal is to invest in businesses that are ethically responsible, avoid exploiting people or profiting from harmful practices like addiction, and align with values like loving your neighbor. The process for selecting companies to invest in focuses on three key criteria: products, processes, and priorities. 1. We assess whether the products or services a company offers are morally sound. For example, they avoid companies involved in pornography, even if it's just a small part of their business. 2. Then, we evaluate how the company treats its employees and suppliers, considering ethical business practices. 3. Finally, we examine the company's charitable activities and overall stance in the marketplace. A scoring system is used to evaluate companies based on these factors, aiming to find businesses that align with ethical standards. While the process is selective, it still results in a diversified portfolio, providing ample diversification while ensuring that investors can feel confident about the companies they own. The conversation also highlights the importance of "good returns", not only in terms of financial performance but also in the peace of mind investors get from knowing their investments align with their values. Contrary to common misconceptions, values-based investing does not sacrifice returns. Third-party studies on faith-driven and socially responsible investing show that applying a values overlay can enhance performance, rather than detract from it. Ethical investing can be both financially rewarding and aligned with personal values. Have questions about Biblically Responsible Investing? Or, would you like to speak to one of our financial advisors about ethical investing? Contact Us: info@wisewealth.com www.wisewealth.com/contact-us 816.246.WISE (9473)

    33 min

  7. 2024-11-08

    Special Episode: Post-Presidential Election Results Outlook

    In this special edition of the Simplify Your Retirement Podcast, Stephen Stricklin, CFP® President of Wise Wealth, and Vice President Paul Brock discuss the recent 2024 U.S. election and its immediate impact on the stock market. The episode focuses on three key questions people have about investing during election years and the broader economic outlook. 1. Why did the stock market respond favorably to Donald Trump's second-term win? 2. Why didn’t the advisors change investment strategies before the election? 3. What can people expect economically from a Trump presidency? The episode wraps up with the idea that time and discipline are crucial for successful investing. The focus should always be on having a solid financial plan, which should drive investment decisions, rather than chasing short-term trends or reacting to political events. The hosts encourage viewers to understand their own financial goals and stay disciplined in their approach.

    24 min

  8. 2024-10-24

    Season 6 Episode 4 Principles of Investing: Buiding a Portfolio with Purpose

    In this episode, Stephen Stricklin and Paul Brock discuss the importance of providing clients with a balanced approach to investing, focusing on portfolio construction that aligns with both financial goals and values. Guests Ben Malik and Mark Riefer offer their experience and expertise. Ben Malik: A chartered financial analyst (CFA) and certified kingdom advisor (CKA), Ben focuses on buildingbiblically responsible portfolios under Bright Portfolios, which balance good returns with ethical investments. Mark Riefer: A financial advisor, and certified kingdom advisor (CKA), with a long history of managing portfolios and experience in biblically responsible investing. He emphasizes the importance of asset allocation, strategy, and moral screening in portfolio management. Philosophy of Investing: Wise Wealth emphasizes long-term investing and discipline, advising clients to stay committed to their growth portfolios despite short-term market fluctuations. Modern Portfolio Theory: While both Mark and Ben appreciate the theory’s focus on risk-adjusted returns, they recognize inefficiencies in the market that provide opportunities for active management. Diversification and Asset Allocation: They advocate a forward-looking approach in portfolio construction, taking into account market cycles, risk levels, and opportunities for adjusting asset allocations.  Importance of Values-Based Investing: A key element of the episode is the integration of biblically responsible investing (BRI), ensuring the companies they invest in align with ethical and moral values. Their portfolios are regularly reviewed and adjusted, focusing on long-term growth without losing sight of the clients’ values. Investor Behavior: The hosts discuss the importance of investor discipline and how managing emotions during market fluctuations is critical to long-term success. Wise Wealth builds investment portfolios that not only meet financial objectives but also adhere to clients' moral and ethical standards, blending portfolio management with biblically responsible investing principles. Interested in learning more about our portfolios? Schedule a 15-minute Conversation with one of our experienced financial advisors. www.wisewealth.com/contact-us 816.246.WISE (9473) info@wiseweath.com

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About

In the Simplify Your Retirement podcast, Stephen Stricklin, CFP®, president and founder of Wise Wealth shares wisdom to help individuals and couples plan for a peaceful and enjoyable retirement. Stephen, with his years of experience and expertise in retirement income planning along with guest experts, will help you achieve “First Wisdom, Then Wealth!” For more information about Wise Wealth visit www.WiseWealth.com or email our team of professionals at info@wisewealth.com.

Information

  • Creator
    Stephen Stricklin, CFP®
  • Years Active
    2020 - 2025
  • Episodes
    69
  • Rating
    Clean
  • Copyright
    © Simplify Your Retirement All Rights Reserved
  • Show Website
    Simplify Your Retirement

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