100 episodes

Retirement talk - Redefining Wealth and Your Money with Laura Stover is a podcast that educates, entertains, and helps prepare our listeners for retirement. It's a show designed for those looking to maximize their financial efficiency and fulfill their lifestyle. It is also geared toward those needing to transition from accumulation to preservation and the necessary shift in how money is managed. Based on Laura’s two decades of experience with financial coaching and consultation to hundreds of individuals across the US, this podcast could make a difference in your retirement income, cutting your taxes, or both!
Laura shares thoughts and ideas from today’s premier experts in the field of retirement, as well as the latest in retirement trends to help you make better financial decisions regarding YOUR retirement.
In each episode, Laura will share financial news and provide insight and resources on topics such as retirement, retirement income planning, reducing unnecessary taxes, protection from market risk, wealth transfer, estate planning strategies, long-term healthcare, social security and much more.
Your host is wealth advisor Laura Stover. Laura is the CEO of LS Wealth Management. She is also the founding partner of LS Tax, a consulting and tax planning firm. Laura is a registered financial consultant and investment advisor. She attended Huntington University, as well as the prestigious Wharton School with a certification in executive leadership, and focus on entrepreneurism. She has been a co-author with Renowned Businessman Steve Forbes as well as a multiple time contributing columnist to many national publications such as the Wall Street journal, CNBC online and USA today. A sought-after speaker and entrepreneur, Laura has close to twenty years of experience as an investment advisor. She has become a well-known financial resource and a go-to advisor for national media outlets and clients across the country.
The focus starts with why you plan to retire in the first place, how you will fulfill your dreams and most efficiently organize your assets. You'll plan how to manage the growth necessary to sustain your lifestyle needs throughout your retirement journey. We want to redefine your wealth and money.

Retirement Talk Podcast with Laura Stover Redefining Wealth

    • Business
    • 4.0 • 53 Ratings

Retirement talk - Redefining Wealth and Your Money with Laura Stover is a podcast that educates, entertains, and helps prepare our listeners for retirement. It's a show designed for those looking to maximize their financial efficiency and fulfill their lifestyle. It is also geared toward those needing to transition from accumulation to preservation and the necessary shift in how money is managed. Based on Laura’s two decades of experience with financial coaching and consultation to hundreds of individuals across the US, this podcast could make a difference in your retirement income, cutting your taxes, or both!
Laura shares thoughts and ideas from today’s premier experts in the field of retirement, as well as the latest in retirement trends to help you make better financial decisions regarding YOUR retirement.
In each episode, Laura will share financial news and provide insight and resources on topics such as retirement, retirement income planning, reducing unnecessary taxes, protection from market risk, wealth transfer, estate planning strategies, long-term healthcare, social security and much more.
Your host is wealth advisor Laura Stover. Laura is the CEO of LS Wealth Management. She is also the founding partner of LS Tax, a consulting and tax planning firm. Laura is a registered financial consultant and investment advisor. She attended Huntington University, as well as the prestigious Wharton School with a certification in executive leadership, and focus on entrepreneurism. She has been a co-author with Renowned Businessman Steve Forbes as well as a multiple time contributing columnist to many national publications such as the Wall Street journal, CNBC online and USA today. A sought-after speaker and entrepreneur, Laura has close to twenty years of experience as an investment advisor. She has become a well-known financial resource and a go-to advisor for national media outlets and clients across the country.
The focus starts with why you plan to retire in the first place, how you will fulfill your dreams and most efficiently organize your assets. You'll plan how to manage the growth necessary to sustain your lifestyle needs throughout your retirement journey. We want to redefine your wealth and money.

    Why Volatility is the Wrong Measure of Investment Risk

    Why Volatility is the Wrong Measure of Investment Risk

    Do you truly understand the difference between volatility and risk? Modern portfolio theory was trademarked in the 1950s and is often still used today in our industry. This approach is still viable today and highlights understanding portfolio risk and the proper way to measure volatility. Standard deviation is a mathematical formula we use to measure and estimate risk. While it doesn’t address all major risks, it’s an essential part of protecting your portfolio and following the Redefining Wealth® process.  
    The risk in your portfolio can come from various areas: business, purchasing power, high interest rates, etc. All of these threats are working against your retirement plan and that’s why we use standard deviation. Our goal is to build a portfolio that takes on the least amount of risk possible and still garners high returns. On today’s episode we’ll break down how we measure risk, beta exposure, and much more. 
    Redefining Wealth® Inflation Guide: https://redefiningwealth.info/schedule/
    Rate, Review and Subscribe to the Podcast:
    https://podcasts.apple.com/us/podcast/retirement-talk-podcast-with-laura-stover/id571347188
    How to Connect:
    redefiningwealth.info
    lswealthmanagement.com
    Schedule a Review: https://redefiningwealth.info/schedule/
     
    Timestamps (show notes):
    1:23 – The difference between volatility and risk 
    4:30 – Why is standard deviation important? 
    7:23 – What is high beta exposure? 
    11:59 – Issues with standard deviation 
    14:30 – Two groups of investors 
    19:07 - The best definition of volatility and risk
    23:02 – Less risk for more return 

    • 28 min
    Shock Test Your Retirement Plan

    Shock Test Your Retirement Plan

    Now more than ever, people are realizing the importance of a long-term financial plan. Things can threaten your plan seemingly out of nowhere. A year ago, inflation was hardly a topic of concern, but looking at today’s market has a lot of us worried about the future. As a way to combat rising inflation, the Fed is looking to raise interest rates which could impact our portfolios even more. So, how do we protect our wallets and ensure our shock proof our retirement plan?
    If you’re getting close to retirement, we want to insulate you from as much risk as possible. You must have a plan, that we stick to and execute. On today’s episode, we’ll breakdown the core pillars of a shock proof retirement plan and how we can invest with a purpose.
    Redefining Wealth® Inflation Guide: https://redefiningwealth.info/schedule/
    Rate, Review and Subscribe to the Podcast:
    https://podcasts.apple.com/us/podcast/retirement-talk-podcast-with-laura-stover/id571347188 
    How to Connect:
    redefiningwealth.info
    lswealthmanagement.com
    Schedule a Review: https://redefiningwealth.info/schedule/
    Timestamps (show notes):
    1:21 – Inflation isn’t getting any better 
    5:46 - Having a plan and sticking to it 
    10:00 – Investing with a purpose
    15:21 – Conservative investors 
    18:04 – Keeping investor emotions in check 
    20:22 – Making sure we have guaranteed income  
    26:29 – Planning for an unexpected shock 
    30:30 – Having a comprehensive plan 

    • 35 min
    What’s Happening in the Market and Where is it Going from Here?

    What’s Happening in the Market and Where is it Going from Here?

    With the current volatility trends in the market, many of us are wondering what to expect in the coming months and years. The S&P is down over 20%, inflation is on the rise, and consumers are concerned. The reality is that many investors are facing major losses. Conservative investors are even experiencing volatility in their fixed-income investments. Despite these fears, the economy is doing well and while we don’t know for certain whether a recession will occur, we know we don’t have a market problem. What we’re facing is an investor and inflation problem.  
    If you’re approaching retirement this can be an alarming time, but implementing a plan to get through this tough spot is very possible through the Redefining Wealth Process. Everything is going to revolve around income, if inflation is limiting your spending power that’s where our focus should be. Avoiding sequence or timing risk is what impacts returns more than the market. Join us today as Laura and Michael break down the current and future trends we expect to see in the market and how it may impact retirees. 
    Rate, Review and Subscribe to the Podcast:
    https://podcasts.apple.com/us/podcast/retirement-talk-podcast-with-laura-stover/id571347188
    How to Connect:
    redefiningwealth.info
    lswealthmanagement.com
    Schedule a Review: https://redefiningwealth.info/schedule/
    Timestamps (show notes):
    1:23 – What are we seeing in the market right now?
    5:28 – For those of us approaching retirement 
    8:23 - Why are we just now feeling the fallout? 
    11:22 – Would policy changes help the market? 
    16:23 – Other considerations for bond replacements 
    22:14 – De-globalization’s impact on the market 
    26:36 – What are the scenarios that could occur?
    31:37 – If you can withstand, you need to re-evaluate 

    • 35 min
    How to Find An Unbiased Independent Advisor

    How to Find An Unbiased Independent Advisor

    With 2022 starting out with a lot of volatility, a lot of people are rethinking their portfolio approach. Maybe you are ready for a new advisor or perhaps you are reaching out to a professional for the first time. In any case, how do we go about finding unbiased and independent advisors in such a large industry? On today’s episode, we’ll discuss some of the key components a balanced and competent advisor should have. 
    Retirement planning is about a lot more than investment performance. Through the years we’ve identified 6 key areas of risk when it comes to retirement planning and you need to have an interconnected plan that addresses those risks, as we do through the Redefining Wealth Process℠. It’s important to seek out an advisor that is transparent about the process they follow, their professional designations and responsibilities, and how they are paid. At the end of the day, you’ll want an experienced advisor that cares about you and your financial goals.
    Further reading mentioned in today’s show: https://www.thebalance.com/are-independent-financial-advisors-unbiased-2388432
    Rate, Review and Subscribe to the Podcast:
    https://podcasts.apple.com/us/podcast/retirement-talk-podcast-with-laura-stover/id571347188
    How to Connect:
    redefiningwealth.info
    lswealthmanagement.com
    Schedule a Review: https://redefiningwealth.info/schedule/
    Timestamps (show notes):
    2:48 – Solely focused on investment performance 
    5:44 – Transparency about how they are paid 
    11:26 – Questions to ask your new advisor 
    13:52 – Breaking down the hourly model 
    18:03 – Why do you need a guide?
    20:35 – Top things to look for in a new advisor

    • 24 min
    Income Planning and Personalized Retirement Strategies

    Income Planning and Personalized Retirement Strategies

    One of the most important components of everyone’s retirement plan is their personalized income plan. So, on today’s episode, we are going to break down the advice of two experts in the financial industry: Wade Fouad and Michael Kitces. Determining how to efficiently tap into your lifelong savings is one of the most important life decisions you are going to make. Choosing an income strategy that mirrors your preferences is key to the Redefining Wealth Process℠. 
    When you enter retirement, you don’t know what the market is going to do. You have to be able to balance safety and returns, structuring your financial plan around reliable income. Having the right balance between the money you need to patrician and the money you’ll rely on for income comes with our Life Art Planning System, which leans heavily on adaptive goal-based planning. Join us today as Laura and Michael discuss the best strategies for drawing income, preparing for the possibility of longevity, and what return you need to have to be successful in retirement.
    Receiving a personalized income plan and gain access to the Life Art Planning System:  https://redefiningwealth.info/schedule/
    Rate, Review and Subscribe to the Podcast:
    https://podcasts.apple.com/us/podcast/retirement-talk-podcast-with-laura-stover/id571347188
     
    How to Connect:
    redefiningwealth.info
    lswealthmanagement.com
    Schedule a Review: https://redefiningwealth.info/schedule/
    Timestamps (show notes): 
    0:13 – Breaking down income planning
    4:53 – Market returns versus safety 
    8:11 – Having the right amount of balance
    12:18 – The flexibility to respond versus commitment 
    20:40 – Planning for longevity in retirement 
    24:57 – What returns do you need to be successful? 

    • 31 min
    Why is the Market Going Down?

    Why is the Market Going Down?

    While the data shows a healthy economy (job growth, consumer spending, and business investments are all up) the market is still on a downward trajectory. So, what is causing this decline? Is it Russia’s fault, inflation’s fault, the Fed’s fault, or some other factor? On today’s episode we are going to break down why the market is going down and the key indicators you need to keep your eye on to ensure you are on the right financial planning path while following the Redefining Wealth Process℠. 
    While we hope this is a normal correction, preparing for the possibility of a recession is necessary. The cost of making money is to be able to endure these moments. Limiting drawdowns, preserving your capital, and ensuring the six core pillars of the Redefining Wealth Process℠ are established within your plan will be necessary to withstand current and future market turns. Within the Redefining Wealth Process℠, we unpack these elements with our clients, evaluating and ensuring they are on the right strategic path that protects them and their investments.  
    If you’d like to read the Financial Advisor Magazine article discussed on this episode, click here. 
    Rate, Review and Subscribe to the Podcast:
    https://podcasts.apple.com/us/podcast/retirement-talk-podcast-with-laura-stover/id571347188
    How to Connect:
    redefiningwealth.info
    lswealthmanagement.com
    Schedule a Review: https://redefiningwealth.info/schedule/
    Timestamps (show notes):
    2:22 – The economy is still doing well 
    5:00 – What is going on and will it continue?
    12:58 - History is a good indicator of what we can expect 
    17:06 – Are we in a correction or extended bear market?
    21:33 – Protecting your capital in the retirement redzone 
    25:08 – Being able to build expectations through the Redefining Wealth Process℠

    • 32 min

Customer Reviews

4.0 out of 5
53 Ratings

53 Ratings

apollodrbear ,

Redefining wealth by Laura Stover

I have been enjoying Laura Stover’s podcast and the guest experts. They cover a variety of financial topics at a reasonable depth.

closing bell ,

Talking Heads

Lots of talking but they’re not saying anything.
Lots of platitudes and parables that left me wondering what information they’re trying to convey. I came away feeling it was just one long sailed pitch and a gigantic waste of time.

There are other podcasts with lots of useful, evidence based, information on actual portfolio ….. this is not one of them.

dnce2 ,

Great straightforward info

Great straightforward info in easy to understand format. Couple weekly podcast with newsletter providing relevant articles and industry leader commentary to keep a pulse on current financial environment and topics.

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