Kelly Advisor Podcast

Jim Freeman

5.0 (1)
Investing

Jim Freeman provides you with insight on finances and retirement lifestyles.

10/26/2023

Will NIL Translate Into New Income and Wealth for Young Athletes?

1. NIL is already a billion dollar business and is expected to grow much larger. 2. The NCAA is deferring to states regarding the establishment of rules and regulations about NIL and compliance thereof. Sports associations and individual schools have also become involved in NIL. 3. The financial planning industry sees opportunities to help young people navigate and manage new-found wealth and income from high school, college, and beyond.
09/29/2023

The Emotional and Financial Burdens of "The Sandwich Generation"

1. 31 percent of those identifying as part of the Sandwich Generation bear complete financial responsibility for their parents or in-laws. 2. A MassMutual study confirms the emotional and financial stress such dual roles place on families. 3. Creating a financial plan can alleviate such burdens and still allow for retirement saving.
08/18/2023

The Surprising Status of Late-Boomer and Early Gen-X Wealth

More people are saving for retirement but they are not saving enough. Late-boomer wealth continues to be impacted by The Great Recession of 2008-2009. An increase in Social Security's Full Retirement Age was a de facto cut in Social Security benefits.
07/21/2023

Are you prepared for the emotional transition into retirement?

1. Studies are mixed about the effects of retirement on your mental health. 2. Having a plan in place may make the transition smoother. 3. Addressing factors such as loss of work routine, loss of a robust social network, and loss of one's professional identity may help mitigate emotional stress points. Not to mention all the additional time to be spent.
07/07/2023

January 1, 2030: The Big Bang of Retirement Planning

The greatest transfer of wealth in American history, approximately $84 trillion, has begun and will peak in the 2030s. Gen X will begin retiring next decade, just as Social Security and Medicare will likely need substantial reforms. A significant number of today's financial advisors will be exiting the business in the next ten years.
05/12/2023

It's Not Your Parents' Retirement Today

The gold watch has been replaced by a green match (employers matching employee retirement contributions). 401(k)s were never intended to supplant pensions but they largely have done so. The burden of saving for retirement is now on the employee, not the employer. A financial advisor can help people through the pitfalls of a DIY or do-it-yourself approach to retirement.
05/05/2023

Longevity: America is growing older, faster.

1. A majority of Boomers want to age in place; only a fraction of their homes can accommodate those desires. 2. Plan ahead: The longer you live you become even more eligible for illness and accidents. 3. A a healthy couple retiring at age sixty-five could expect to pay around $300,000 over the course of retirement to cover health and medical expenses.
04/28/2023

Legacy Planning is About the Future, Not the Past

Legacy planning is not just for the fabulously wealthy; it's for anyone with assets of value to be gifted. A well-crafted and executed plan can make your beneficiaries' lives easier to manage in the future, personally and professionally. What's the difference between a will and a trust?

Jim Freeman provides you with insight on finances and retirement lifestyles.

Creator

Jim Freeman
Years Active

2020 - 2023
Episodes

44
Rating

Clean
Show Website

Kelly Advisor Podcast