Rocket City Retirement Show

Cris Wallace
  • 5.0 (6)
  • INVESTING
Rocket City Retirement Show

https://wgfinancialgroup.com/ Insurance products are offered through the insurance business WG Financial. WG Financial is also an Investment Advisory practice that offers products and services through AE Wealth Management, LLC (AEWM), a Registered Investment Advisor. AEWM does not offer insurance products. The insurance products offered by WG Financial are not subject to Investment Advisor requirements. Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, and CFP® (with plaque design) in the U.S., which it authorizes use of by individuals who successfully complete CFP Board's initial and ongoing certification requirements. 2043008 - 10/23

  1. 2D AGO

    Rocket City Retirement Show - Is an IUL Right for You?

    In this episode of the Rocket City Retirement Show, Certified Financial Planners Cris Wallace and Graham Bauer dive deep into Indexed Universal Life (IUL) insurance and break down the hype behind viral financial reels. They evaluate the benefits and risks of IULs as an alternative to traditional retirement savings strategies like Roth IRAs and 401(k)s. They also explore how guaranteed income sources like Social Security and pensions can support retirees through volatile markets. Finally, they share strategies for creating dependable income in retirement, minimizing tax burdens, and planning for long-term care. Cris and Graham bring clarity to complex topics through real-life scenarios, straightforward explanations, and the firm’s trademark financial report card approach. If you're considering life insurance as part of your retirement plan or wondering how to make your money last, this episode is a must-listen. Learn more at WGFinancialGroup.com or call/text 256-937-2010 to schedule your complimentary discovery visit. Timestamps 00:00 – Introduction 03:50 – What is an Indexed Universal Life (IUL) insurance policy? 06:35 – Why IULs are being pushed to younger investors on social media 11:18 – Hidden risks and complexities of IUL policies 14:52 – Why “set it and forget it” doesn’t work with IULs 18:30 – Cost of insurance, participation rates, and policy performance issues 23:10 – Comparing IULs vs. Roth IRAs and 401(k)s 28:05 – Commission incentives driving blanket IUL recommendations 33:42 – Real Talk wrap-up: IULs are not inherently bad, but often misused 37:15 – How Social Security can act as a lifeline in volatile markets 42:12 – Spousal and survivor benefit strategies 46:45 – The role of guaranteed income in retirement planning 52:21 – Why longevity risk matters for couples with large age gaps 58:40 – How to structure a dependable income plan 01:04:10 – The biggest fears in retirement: taxes and long-term care 01:11:05 – Why proper planning beats emotional decision-making 01:15:20 – The value of proactive tax strategies and the RITE Retirement Report Card 01:19:42 – Final thoughts and Easter blessings

    1 hr

  2. APR 5

    Rocket City Retirement Show - Retirement Tax Challenges

    Rocket City Retirement Show

    1 hr

  3. MAR 29

    Rocket City Retirement Show - Derailing a Retirement Plan

    In this episode, Cris Wallace and Graham Bauer break down a trending piece of financial advice that claims the 401(k) is a "bad retirement vehicle." They offer a data-driven response and explain why that claim is often misleading. They dive into the real purpose of 401(k)s, the historical context behind their creation, and the benefits that make them a core part of retirement planning — including tax advantages, employer matches, and Roth options. They also explore the rise in TSP millionaires and how smart 401(k) usage can lead to long-term wealth. Later in the episode, Cris and Graham address life insurance decisions for federal employees, the growing number of federal retirement buyouts (VERA/VSIP), and how to evaluate whether to carry FEGLI into retirement. Cris introduces the concept of “M&M Money” — Making Memories Money — and discusses why retirees shouldn't fear spending what they’ve saved. They also cover key risks that can derail even the best retirement plan: high withdrawal rates, rising healthcare costs, taxes, and market volatility. This episode is a must-listen if you're nearing retirement, questioning your 401(k), or want to ensure your income plan can weather economic uncertainty. Timestamps 00:00 – Intro: Welcome to the Rocket City Retirement Show 02:08 – Viral social media advice: “401(k)s are bad”? 04:12 – The origin and structure of the 401(k) 07:15 – Are 401(k)s scams or smart long-term tools? 10:35 – TSP millionaires & Roth 401(k) contribution strategies 14:45 – The power of automation: Why 401(k)s work 17:25 – Real-world limits and benefits of 401(k) plans 20:32 – Understanding flexibility vs. discipline in retirement savings 23:54 – FEGLI and life insurance for federal retirees 28:12 – What happens when health issues arise? 34:41 – VERA/VSIP offers & why some feds delay retirement 39:10 – What is M&M Money (Making Memories Money)? 44:01 – Spending psychology in retirement 47:23 – 4 hidden risks that can derail retirement 51:50 – Withdrawal rates and how to protect income 54:18 – Unexpected healthcare expenses and Medicare choices 59:10 – How HSAs can (and can’t) help in retirement 1:03:17 – Medicare Advantage vs. Supplements: What to know 1:06:30 – Market volatility and sequence of returns risk 1:10:08 – Tax planning and how to keep more of what you saved 1:14:33 – Roth conversions: When and how to do them right 1:18:01 – Social Security strategy: Why timing matters 1:25:04 – Wrapping up: How to plan, retire, and play

    1 hr

  4. MAR 15

    Rocket City Retirement Show: Unique Social Security Situation

    Navigating Market Volatility & Retirement Planning Strategies | The Rocket City Retirement Show In this episode of The Rocket City Retirement Show, Cris Wallace, CFP®, and Graham Bauer, CFP®, financial advisors at WG Financial Group, break down the latest market volatility, the impact of tariffs, and what it means for your retirement plan. They discuss:     -The latest economic trends and how shifting policies are creating uncertainty.     -The psychological impact of market fluctuations and how retirees should react.     -Tariffs and their effect on investments, inflation, and financial planning.    -Smart retirement income strategies, including why having a structured financial plan is key.     -Roth conversions & tax-efficient investing—how to take advantage of market downturns.     -Maximizing Social Security benefits, including survivor benefits, spousal strategies, and          how timing your claim impacts your long-term retirement income. This episode is packed with insights to help you stay informed and make confident financial decisions. If you're feeling uncertain about your portfolio or need a strategy tailored to your retirement goals, Cris and Graham provide actionable advice and real-world examples to guide you. Read the full episode show notes and access additional resources at WGFinancialGroup.com. Listen & subscribe on Spotify, Apple Podcasts, or your favorite podcast platform. Timestamps -00:00:00 – Welcome to The Rocket City Retirement Show -00:01:15 – Market Uncertainty & Investor Sentiment -00:06:45 – Tariffs, Trade Wars & Market Volatility -00:12:30 – How Retirees Can Stay Financially Stable in Downturns -00:18:55 – Roth Conversions: Why This Could Be a Smart Move Now -00:25:40 – Social Security Claiming Strategies & Survivor Benefits -00:32:10 – Managing Investment Risk: Long-Term vs. Short-Term Views -00:38:50 – Steps to Create a Retirement Plan That Works in Any Market -00:45:20 – Final Thoughts & How to Schedule a Discovery Session Schedule a Complimentary Retirement Strategy Session:  Call 256-937-2010 or text "VISIT" to the same number to book a session with Cris Wallace, CFP® today! Follow WG Financial Group for Weekly Market Updates on Facebook: Search “WG Financial Group 256”. Plan. Retire. Play. Stay informed with The Rocket City Retirement Show!

    1 hr

  5. MAR 1

    Rocket City Retirement Show: SEP IRA vs. SOLO 401k

    Order of Operations: The Smartest Way to Save & Invest for Retirement | Rocket City Retirement Show In this episode of The Rocket City Retirement Show, Certified Financial Planners Cris Wallace and Graham Bauer break down the optimal order of operations for saving and investing—from emergency funds and 401(k) contributions to Roth IRAs, HSAs, and tax-efficient strategies. They also explore the key differences between Solo 401(k) vs. SEP IRA, helping self-employed individuals maximize their retirement savings and reduce tax burdens. If you’re a business owner, freelancer, or independent contractor, this episode is packed with insights you don’t want to miss. Additionally, Cris and Graham discuss how recent changes to retirement laws (SECURE Act 2.0) impact retirees and future generations, including new RMD ages, inherited IRA rules, and strategic Roth conversions to minimize taxes for your heirs. Key Topics Covered: -The right order to build wealth and invest for retirement - Emergency funds: How much should you really have? - The smartest 401(k) and Roth IRA contribution strategies - HSA vs. Roth IRA: Which one should you prioritize? - Solo 401(k) vs. SEP IRA: Which is better for self-employed individuals? - How tax law changes affect your retirement and inheritance - Strategic Roth conversions to minimize lifetime tax burdens 🔔 Want a personalized retirement strategy? Schedule a complimentary session with Cris Wallace today. 📞 Call or text VISIT to 256-937-2010 to get started. View More Resources at :  wgfinancialgroup.com 📢 Subscribe & Follow the Show: 🎧 Available on Apple Podcasts, Spotify, and all major platforms – just search “Rocket City Retirement Show” Timestamps -00:00:00 Welcome to The Rocket City Retirement Show -00:01:25 Meet Cris Wallace & Graham Bauer – Your Financial Planning Experts -00:03:10 The Best Order of Operations for Saving & Investing -00:10:40 Emergency Funds: How Much Is Enough? -00:18:03 401(k) Contributions: Maxing Out vs. Roth IRA Strategy -00:25:54 HSA vs. Roth IRA: Which One Is More Powerful? -00:32:42 Solo 401(k) vs. SEP IRA: The Ultimate Self-Employed Retirement Plan Guide -00:42:18 How the SECURE Act 2.0 Affects Your Retirement & Heirs -00:55:00 Strategic Roth Conversions & Tax-Efficient Planning -00:58:30 Final Thoughts & How to Work with Cris Wallace

    1 hr

  6. FEB 15

    Rocket City Retirement Show - Interest rates, mortgages, and estate planning

    Optimizing Your Mortgage & Retirement Strategy with Special Guest Alexandria Anderson In this episode of The Rocket City Retirement Show, Certified Financial Planner and Financial Advisor Chris Wallace is joined by mortgage loan officer Alexandria Anderson from the Modern Lending Team. Together, they break down the mortgage market, interest rates, and refinancing strategies, offering crucial insights for homeowners and potential buyers alike. Chris and Alexandria discuss the current outlook on mortgage rates, the impact of inflation and Federal Reserve decisions, and what consumers need to know about FHA, conventional, and adjustable-rate mortgages. They also dive into the strategic use of home equity, the pros and cons of refinancing, and how mortgage decisions align with long-term financial planning. Additionally, Chris shares key legacy planning strategies, estate document must-haves, and tax-efficient ways to transfer wealth. Whether you’re planning for retirement, managing debt, or considering homeownership, this episode provides actionable advice to help you make informed financial decisions. Timestamps 00:00:00 Introduction to The Rocket City Retirement Show 00:01:30 Special Guest: Alexandria Anderson, Mortgage Loan Officer 00:03:45 Mortgage Interest Rate Outlook for 2024 00:10:15 Understanding FHA vs. Conventional Loans 00:15:30 Pros & Cons of Adjustable-Rate Mortgages (ARMs) 00:22:45 When Does Refinancing Make Sense? 00:30:10 Home Equity & Cash-Out Refinancing Explained 00:38:20 Estate & Legacy Planning: Essential Documents 00:45:00 Tax-Efficient Wealth Transfers 00:50:30 Common Retirement & Mortgage Planning Mistakes 00:55:00 Final Thoughts & How to Connect with Chris Wallace Resources & Links: Visit WGFinancialGroup.com for more insights and retirement planning resources. Follow WG Financial Group on Facebook: WG Financial Group 256 Schedule a complimentary discovery session: Call or text 256-937-2010 Subscribe & Stay Updated: Never miss an episode! Follow The Rocket City Retirement Show on Apple Podcasts, Spotify, and your favorite podcast platforms. In this Episode: Modern Lending Team: Expert mortgage solutions tailored to your needs. WG Financial Group: Helping you plan, retire, and play with confidence. Tune in next week for an exclusive conversation on reverse mortgages and whether they’re a smart strategy for retirement! The Rocket City Retirement Show is hosted by Chris Wallace, CFP, and produced by WG Financial Group. Investment advisory products and services are offered through AE Wealth Management, LLC, a registered investment advisor. This content is for informational purposes only and should not be considered financial, legal, or tax advice.

    1 hr

  7. FEB 8

    Rocket City Retirement Show - Trump, Tariffs, Taxes

    Rocket City Retirement Show

    1 hr

  8. FEB 1

    Rocket City Retirement Show : Retirement Regrets

    Rocket City Retirement Show

    1 hr
See All (33)

    Ratings & Reviews

    5
    out of 5
    6 Ratings

    About

    https://wgfinancialgroup.com/ Insurance products are offered through the insurance business WG Financial. WG Financial is also an Investment Advisory practice that offers products and services through AE Wealth Management, LLC (AEWM), a Registered Investment Advisor. AEWM does not offer insurance products. The insurance products offered by WG Financial are not subject to Investment Advisor requirements. Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, and CFP® (with plaque design) in the U.S., which it authorizes use of by individuals who successfully complete CFP Board's initial and ongoing certification requirements. 2043008 - 10/23

    Information

    You Might Also Like

    Content Restricted

    This episode can’t be played on the web in your country or region.

    To listen to explicit episodes, sign in.

    Stay up to date with this show

    Sign in or sign up to follow shows, save episodes, and get the latest updates.
    Select a country or region

    Africa, Middle East, and India

    Asia Pacific

    Europe

    Latin America and the Caribbean

    The United States and Canada