Your Retirement Elevated Podcast with Scott Dougan

Knowledge is Not Power

Is knowledge power? On this episode of Your Retirement Elevated podcast with Scott Dougan, we’re exploring the topic of knowledge and what you do with it.
 
Read more and get additional financial resources here: https://wp.me/paeENs-bX 
 
What we discuss on this episode: 
2:05 – Knowledge is not power
6:40 – Knowing where to tap
12:12 – Critical lessons
14:05 – Executing a plan
15:30 – Prior knowledge not always an advantage
20:26 – Feeling comfortable and confident

What Are You Going To Retire To?

On this episode of Your Retirement Elevated podcast with Scott Dougan, we’re talking about a question that has come up a lot lately: What are you going to retire to?
 
Read more and get additional financial resources here: https://wp.me/paeENs-bP 
 
What we discuss on this episode: 
1:36 – What you are going to retire to?
6:17 – Struggling with retirement
10:06 – Silver linings

You're Always Closer To Running Out Of Vitamin C Than You Think

On this episode of Your Retirement Elevated podcast with Scott Dougan, we’ll explain the correlation between vitamin C and how it impacts your financial health. 
 
Read more and get additional financial resources here: https://wp.me/paeENs-bF 
 
What we discuss on this episode: 
3:05 – Email from a client
5:31 – Always something to worry about
9:45 – No doom and gloom
12:45 – Guard your minds
14:28 – Emotions

Secure Act 1.0 Clarification and Secure Act 2.0

SECURE Act 2.0, son of the SECURE Act, has come out and we'll explain what has changed, what you might like and what you might not.
 
Read more and get additional financial resources here: https://wp.me/paeENs-bA  
 
What we discuss on this episode: 
2:06 – SECURE Act 2.0
5:16 – Rothification of retirement
7:05 – Please some, frustrate others
10:22 – Collecting tax on the seed
12:22 – Increase RMD age
15:54 – Don’t get too wrapped up

Critical Facts: SECURE Act's RMD Rule Not What You Thought

On this episode of Your Retirement Elevated podcast with Scott Dougan, we’re talking about some recent developments to the SECURE Act and what it might mean for you. Find out what we think about the news and how it could impact planning.
 
Read more and get additional financial resources here: https://wp.me/paeENs-bs 
 
What we discuss on this episode: 
2:42 – What is the SECURE Act?
6:34 – Withdrawing funds from retirement accounts
11:20 – Not the first big change
13:36 – Repercussions

Don't Make These Assumptions About Retirement

There are some things you should never assume in the financial world, especially as you’re preparing for retirement. Find out if you’re getting any of these things wrong.
 
Read more and get additional financial resources here: https://wp.me/paeENs-bh 
 
What we discuss on this episode: 
7:41 – Spending less in retirement
9:26 – Lower taxes in retirement
11:12 – Helping children with college
13:34 – I’ll never retire

Beware of the Three P’s: Panic, Politics and Performance Chasing

Today we’re talking about classic mistakes people make that can have long-term impacts on their retirement plan. Find out how to avoid the three P’s – panic, politics and performance chasing.
 
Read more and get additional financial resources here: https://wp.me/paeENs-bb 
 
What we discuss on this episode: 
1:39 – Emotional decisions
4:05 – Market drops
8:32 – Panic
12:35 – Politics
19:33 – Performance chasing

Questions Not Usually Addressed in Financial Plans

We often hear about frequently asked questions, but what are some questions that are not usually addressed in financial plans? We’ll explain what they are and why you need to know the answers.
 
Read more and get additional financial resources here: https://wp.me/paeENs-b0 
 
What we discuss on this episode: 
1:22 – Money falling through the cracks
2:56 – Tax returns
3:44 – Estate plans
6:00 – Lack of communication
10:36 – Making factual, logical decisions
14:00 – Questions you need to ask
14:36 – Tax-loss harvesting strategies
20:24 – Financial advisors can be your quarterback
23:50 – Virtual educational events

Estate Planning 101: Stealth Taxes

In part three of our estate planning series, we’re talking with attorneys Chris Gaughan and Casey Connealy about stealth taxes. They are sneaky taxes that we often don’t think about or know about but can really add up.
 
Read more and get additional resources here: https://wp.me/paeENs-aT 
 
Part 1 on Powers of Attorney: https://wp.me/paeENs-aB 
Part 2 on Wills and Trusts: https://wp.me/paeENs-aH 
 
What we discuss on this episode: 
2:19 – What are stealth taxes?
4:00 – Death taxes
7:57 – Individual retirement accounts
11:34 – Probate
14:09 – Delays and administrative fees

Estate Planning 101: Wills and Trusts

In part two of our estate planning series, we’re talking with attorneys Chris Gaughan and Casey Connealy about the difference between wills and trusts. Which one should you have, and what are the pros and cons?
 
Read more and get additional planning resources: https://wp.me/paeENs-aH 
 
Check out part 1: https://wp.me/paeENs-aB 
 
What we discuss on this show: 
2:40 – What if you don’t have a will or trust?
5:34 – What is a will?
7:43 – What is a trust?
9:40 – Other reasons to use a trust
12:15 – Divorce protection
13:16 – Protecting children
14:12 – Money management concerns
14:59 – Children with special needs
15:56 – Should I have a will or trust?
19:33 – What do I do next?
21:16 – Contact Chris and Casey