Mind Your Money with Bradshaw Rogers Financial Partners Trent Bradshaw

“Learn from the mistakes of others. You can’t live long enough to make them all yourself.” – Eleanor Roosevelt… Ever wish you could foresee financial missteps before they happen? In today’s episode explore some real-life stories of regret and arm yourself with the essential dos and don'ts to ensure your money works for you, not against you.
We kick things off by discussing the drawbacks of early IRA withdrawals before talking about how important it is to keep lifestyle creep in check in your peak earning years. We’ll also discuss the potential impact of overspending on tuition for your children, the risks that come with retiring early without proper planning, optimizing your Social Security benefits, and more. Tune into this informative conversation and avoid financial regrets!
 
Here’s some of what we discuss in this episode:
Avoiding premature IRA withdrawals Keeping “lifestyle creep” in check + avoiding overspending in your peak earning years Having a plan for the increasing costs of education + spending too much on helping your kids The pitfalls of retiring too early without a proper plan Taking Social Security too early Ignoring opportunities for Roth IRAs  
Contact:
Website: http://bradshawfp.com 
Email: office@bradshawfp.com
Call: 704-216-2260
 

The retirement planning world is filled with plenty of advice and suggestions, but there are critical questions lurking in the shadows – the unasked, the overlooked. These are the questions that can help define the comfort and security of your retirement future. In this episode, we unearth and tackle these hidden, but essential questions about retirement.
What kind of medical coverage might you need over and above Medicare? Should you allocate your investments differently during retirement than during your working years? Listen in as Trent and Brandon tackle these commonly overlooked questions so that you can gain the clarity you need to take on your retirement years with confidence!
 
Here are some of the hidden questions we’ll discuss in today’s show:
How much are my tax-deferred savings going to cost me in taxes? How much can I withdraw from my savings each year? Should I still have life insurance when I’m retired? What kind of medical coverage will I need over and above Medicare? How much am I really paying in fees and commissions? Should I allocate my investments differently during retirement than during my working years?  
Contact:
Website: http://bradshawfp.com 
Email: office@bradshawfp.com
Call: 704-216-2260
 

Are you over 55 and pondering retirement? Dive into the world of Required Minimum Distributions (RMDs) with us. In this episode, we demystify the reasons behind mandatory withdrawals from your retirement savings. 
Listen in as we discuss strategies to potentially avoid them and understand the risks of not preparing for them in advance. And for those fortunate to not rely on RMDs for income, we'll explore impactful ways to utilize those funds.
Join us as we explore the ins and outs of RMDs, their recent changes, and the smart strategies you can employ to ensure you keep more of your hard-earned money!
Here’s some of what we discuss in this episode:
What are Required Minimum Distributions (RMDs) and why do they exist? Can RMDs be avoided? Not planning for RMDs can lead to unexpected tax hits, especially if they push you into higher tax brackets or affect your Social Security taxation What can you do with RMDs if you don't need the money for income?  
Contact:
Website: http://bradshawfp.com 
Email: office@bradshawfp.com
Call: 704-216-2260
 
 

Retirement is a unique journey for each of us. The thought that there's a one-size-fits-all solution is a myth, but what if we told you there are certain universal truths that can guide every retiree? Dive deep in this episode, where we juxtapose the individuality of retirement plans with the foundational principles that remain consistent across the board.
Listen in as Trent and Brandon discuss some critical topics, such as the impact of keeping money in cash, the importance of diversification for risk management, the emotional aspects of investing, tax implications, the significance of estate planning, and more. Whether you're approaching retirement or planning for the future, tune in as they uncover the universal truths that can guide you toward a financially secure and fulfilling retirement.
Here’s some of what we discuss in this episode:
Money sitting in cash may not keep up with inflation, so consider other investment options. Diversifying your investments across various asset classes is crucial for managing risk. Emotions like fear and greed can negatively affect investment decisions, so rely on a well-structured financial plan. The importance of tax planning to minimize your tax liabilities in retirement. Retirement doesn't have to mean complete disengagement from work; it's an opportunity for new pursuits and activities. Estate planning is important for everyone, not just the wealthy  
Contact:
Website: http://bradshawfp.com 
Email: office@bradshawfp.com
Call: 704-216-2260
 

There are some people who don’t care at all about leaving a financial legacy, but for those who do, it’s important to eliminate some of the common estate planning mistakes.  
 
In this episode, we cover topics ranging from poor expense planning to outdated beneficiary designations and family conflict triggers. We also shed light on some misconceptions about transferring real estate and explain the impact of tax implications on your estate. If you want to leave a legacy without regret or legal turmoil, this episode is a great starting point.
 
Here’s what we’ll discuss in this episode:
We don’t know when we’ll encounter significant expenses, but we know they’ll happen eventually and need a plan for them.  Failing to update your beneficiaries could create big problems for your estate A lot of the conflict and potential litigation among heirs and family members can be solved by good communication.  Transferring real estate while you’re still living instead of at death isn’t usually your best option.  We have to consider the tax implications of your estate so let’s talk about some of the things you should be thinking about.  
Contact:
Website: http://bradshawfp.com 
Email: office@bradshawfp.com
Call: 704-216-2260
 

In this episode, we construct a helpful conversation about the role of real estate in a retirement strategy, exploring everything from rental income to reverse mortgages. Whether you're a pre-retiree with a portfolio of properties or just curious about leveraging your home equity, this discussion offers thoughtful insights for anyone navigating the crossroads of real estate and retirement.
 
Tune in as we discuss some pros, cons, and important considerations of different real estate investments. We’ll discuss the importance of diversifying your retirement portfolio, the realities of property management, tax considerations, and more. Join us to see whether real estate is an appropriate investment for your retirement strategy!
 
Here’s what we’ll discuss in this episode:
 
While real estate can be a lucrative investment, don't put all your eggs in one basket. Diversify your retirement portfolio by combining real estate with other investment vehicles like 401(k) plans. Real estate investments are less liquid compared to traditional investments like stocks and bonds. Understand that selling real estate can be a time-consuming process, and consider the liquidity needs in your retirement plan. Be aware of the tax implications of real estate investments versus traditional retirement accounts. Explore tax advantages like write-offs for property expenses, long-term capital gains, and tax-deferral strategies like 1031 exchanges.  
Contact:
Website: http://bradshawfp.com 
Email: office@bradshawfp.com
Call: 704-216-2260