Secure Your Retirement Secure Your Retirement

In this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss managing investment risk in volatile markets using the active management strategy. An active management strategy is not superior to the buy-and-hold investment strategy, but it is a great way to reduce risk in volatile markets.
Listen in to learn how we use data/numbers to identify and align with the best asset classes to be invested in. You will also learn why an active asset management strategy allows you to make a decent rate of return, not lose a bunch of money, and have peace of mind in your retirement.
In this episode, find out:
Understanding actively managing – very low to no risk on your investment.Good risk management – using data to identify and align with the best asset classes to be invested in.The portfolio adjustments we conduct with an active management strategy.How we significantly reduce risk by leaving a risk-managed opportunity in the portfolio.Why monitoring how asset classes move is a good way to structure the portfolio.The peace of mind you get in your retirement by having an active asset management strategy.
Tweetable Quotes:
“Actively managing means we’re going to transition the portfolio so it’s in a good place as it can be, but it could also mean that we reduce risk.”- Radon Stancil“There are pros and cons to investing in general; at the end of the day, you want to pick a strategy that’s comfortable to you.” - Murs Tariq 
Resources:
If you are in or nearing retirement and you want to gain clarity on what questions you should be asking, learn what the biggest retirement myths are, and identify what you can do to achieve peace of mind for your retirement, get started today by requesting our complimentary video course, Four Steps to Secure Your Retirement!
To access the course, simply visit POMWealth.net/podcast.

In this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss the important financial planning milestones that happen at different ages. These are things you should be thinking about and preparing for before getting to retirement.
Listen in to learn about the different financial milestones that happen in the life of a child from birth all the way to retirement. You will also learn when to work on your catch up contributions, the social security eligibility age, when to withdraw all your retirement assets and much more.
In this episode, find out:
●     The future-based savings accounts you can set up for a child from birth.
●     The key ages where different financial milestones happen all the way to age twenty-six.
●     Age fifty milestone – the catchup contributions you can add after age fifty in 2023.
●     Age fifty-nine and a half milestone – the age where you can withdraw all your retirement assets without a penalty.
●     Things that happen at age sixty-two where you’re eligible for social security at a reduced rate.
●     The different things that happen at age sixty-five including eligibility for Medicare.
●     Understanding why the full retirement age is key for social security benefits.
●     Why there’s no reason not to turn on social security after the age of seventy.
●     Age seventy and a half – when you get full deductibility on your QCDs. 
Tweetable Quotes:
●     “When you’re at age fifty-nine and a half or above, just know that some options when it comes to investing and retirement planning become available to you.”- Murs Tariq
●     “Age seventy and a half is key because that’s when you can start taking contributions in your IRA and giving them to a charity.”- Radon Stancil
Resources:
If you are in or nearing retirement and you want to gain clarity on what questions you should be asking, learn what the biggest retirement myths are, and identify what you can do to achieve peace of mind for your retirement, get started today by requesting our complimentary video course, Four Steps to Secure Your Retirement!
To access the course, simply visit POMWealth.net/podcast.

In this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss why you need a HIPAA form as part of your overall estate plan package. A HIPAA form is a simple document to put together and is recognized for protecting your personal health information, giving you privacy.
Listen in to learn how your HIPAA Authorization can connect with your living will or health care power of attorney for information to be shared. You will also learn about the medical information that can be released to an authorized person per HIPAA standards.
In this episode, find out:
How the HIPAA Authorization form protects your personal health information and medical history.How your HIPAA Authorization form can connect with your living will or health care power of attorney.Why the HIPAA form should be connected to the living will so that the information can be shared.Have your adult kids sign a HIPAA form to give you permission to access their medical data.The elements of the health information to be released by HIPAA standards.The information included when setting up the HIPAA authorization form.
Tweetable Quotes:
“The purpose of a HIPAA Authorization is to protect your medical information from being given to someone without your consent or permission.”- Radon Stancil“The HIPAA form is there to authorize or give consent for medical professionals to be able to give information about your medical history, and it also gives you the ability to request information.”- Murs Tariq
Resources:
If you are in or nearing retirement and you want to gain clarity on what questions you should be asking, learn what the biggest retirement myths are, and identify what you can do to achieve peace of mind for your retirement, get started today by requesting our complimentary video course, Four Steps to Secure Your Retirement!
To access the course, simply visit POMWealth.net/podcast.

In this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss the issues to consider before you retire. Sometimes, you get the luxury of deciding when to retire, and sometimes you don’t, but either way, you always want to be thinking about the elements when it comes to retirement planning.
Listen in to learn the importance of understanding your cash flow needs and budget and building some type of plan for your retirement. You will also learn the importance of budgeting for health insurance if you retire earlier than age 65 and the options to consider for long-term care planning.
In this episode, find out:
●     Cash flow – understand your expenses, where money will come from, and build a plan.
●     Understand your retirement age and the implications on your payment options.
●     The importance of understanding the piece of your retirement your spouse is entitled to.
●     Consider budgeting for health insurance in your retirement if you plan to retire before age 65.
●     The math and emotion to consider when it comes to mortgage payment.
●     Put into alignment some retirement-focused vehicles as you approach retirement.
●     Tax planning – things to consider strategically to lower your tax bracket in retirement.
●     The options you need to think about when it comes to long-term care planning.
Tweetable Quotes:
●     “It’s rare that we’re ever going to take money out of an IRA or 401k to pay the house off because we have to pay taxes.”- Radon Stancil
●     “It is scary to think about long-term care, but it is the reality we need to plan for.”- Murs Tariq
Resources:
If you are in or nearing retirement and you want to gain clarity on what questions you should be asking, learn what the biggest retirement myths are, and identify what you can do to achieve peace of mind for your retirement, get started today by requesting our complimentary video course, Four Steps to Secure Your Retirement!
To access the course, simply visit POMWealth.net/podcast.

In this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss the “bunching” charitable contributions strategy and how it can help you maximize tax benefits. They explain why bunching contributions strategy for 2-3 years is a powerful tool in helping you take advantage of standard deductions. 
Listen in to learn how to bunch your charitable contributions into one year using the donor-advised fund. You will also learn why the donor-advised fund is the most flexible version of giving through the bunching strategy.
In this episode, find out:
The powerful impact bunching charitable contributions has on your tax scenario.How the donor-advised fund can help you overcome the standard deductions.Why the donor-advised fund is the most flexible version of giving with a tax benefit.How the bunching strategy allows you to gain deductibility by 2-3 years.
Tweetable Quotes:
“A donor-advised fund is a very key component of how we get to do the bunching strategy.”- Murs Tariq“Think of the donor-advised fund as the vehicle that’s going to allow you to be able to group your deductions in one year.”- Murs Tariq
Resources:
If you are in or nearing retirement and you want to gain clarity on what questions you should be asking, learn what the biggest retirement myths are, and identify what you can do to achieve peace of mind for your retirement, get started today by requesting our complimentary video course, Four Steps to Secure Your Retirement!
To access the course, simply visit POMWealth.net/podcast.

In this Episode of the Secure Your Retirement Podcast, Radon and Murs speak with Andrew Opdyke about an update on the state of the economy of the first quarter of 2023. Andrew discusses the divergence within the economy, the issues with the banks, the recession and market volatility, and much more.
Listen in to learn why you shouldn’t worry about the US debt ceiling and its impact from a market standpoint. You will also learn why inflation might last longer and cause a recession if the federal reserve doesn’t prioritize the inflation fight.
In this episode, find out:
The divergence within the economy – the goods and services sides of the economy are moving in different directions.The issues with the banks – how banks got hit from holding assets in a high-interest rate environment.Why the banking issues won’t lead to another financial crisis since it’s largely contained.Why the US dollar losing its world reserve status might be a passing conversation in the long run.Understanding the US debt ceiling and why it has a very little real lasting impact from a market standpoint.Why inflation might last longer if the federal reserve doesn’t prioritize the inflation fight.Andrew’s optimism on earnings progression, production growth, and service industry progression.
Tweetable Quotes:
“The slowdown we’re seeing economically is not a collapse of activity, is that it’s become more difficult to buy that technology that keeps the output growth continuing.”- Andrew Opdyke“The debt numbers don’t tell you the full situation; you need to understand both sides of the balance sheet.”- Andrew Opdyke
Get in Touch with Andrew:
LinkedIn: https://www.linkedin.com/in/andrewopdyke/
Resources:
If you are in or nearing retirement and you want to gain clarity on what questions you should be asking, learn what the biggest retirement myths are, and identify what you can do to achieve peace of mind for your retirement, get started today by requesting our complimentary video course, Four Steps to Secure Your Retirement!
To access the course, simply visit POMWealth.net/podcast.