Your Retirement Elevated Podcast with Scott Dougan
Financial and retirement planning guidance from Kansas City‘s Scott Dougan of Elevated Retirement Group. Scott Dougan founded Elevated Retirement Group in 2003 in order to fill a niche he felt was not being addressed properly in the retirement planning environment – helping retirees and pre-retirees in the Kansas City metro area find answers to issues that may affect the quality of life during their retirement. Scott is a Registered Financial Consultant (RFC) and holds a Series 65 Investment Adviser Representative license, which holds him to the fiduciary standard. He also holds insurance licenses in Kansas, Missouri and other states.
Listen on:
Episodes
Thursday Apr 07, 2022
Thursday Apr 07, 2022
We’ve had no shortage of bad news in the news lately, but don’t panic. Remember, this too shall pass. We’ll share how we walk with clients through troubling times and keep their finances in order
Read more and get additional financial resources here: http://listentoscott.com
What we discuss in this episode:
1:20 – Crisis du jour
3:22 – Focus, not fear
6:55 – Can’t speculate
9:11 – Fear
10:31 – How we help
Thursday Mar 17, 2022
Thursday Mar 17, 2022
Planning for retirement is relatively complex. There are a lot of different moving parts and factors to consider. Adjusting any of these variables can impact the end result. But is there one part of the retirement planning process that’s most important?
Read more and get additional financial resources here: http://listentoscott.com
What we discuss in this episode:
2:07 – Deciding what you do
5:09 – Start now
6:15 – Income
7:55 – Spending
9:20 – Portfolio allocation
11:14 – Fulfilling retirement
15:23 – The right advisor
19:09 – Most important
Thursday Mar 03, 2022
Thursday Mar 03, 2022
There are some things in life you can’t predict, but you can try to plan for them. For example, when is the next market crash going to happen? We don’t know, but here’s how you can prepare for this and other things in your financial life.
Read more and get additional financial resources here: http://listentoscott.com
What we discuss in this episode:
3:01 – Market crashes
6:57 – Health care
11:19 – Taxes
13:42 – Life expectancy
Thursday Feb 24, 2022
Thursday Feb 24, 2022
On this episode, we’ll breakdown a CNBC article that analyzes a recent Morningstar study. The study found that most of us have at least one money bias, some of us more than one, and that those biases are very possibly costing us money in our checking, savings, investing and retirement accounts. Listen to see if you might be impacted by a specific money bias and for strategies to get it back under control.
Read the CNBC article: https://www.cnbc.com/2022/01/14/98-percent-of-americans-have-at-least-1-money-bias-study.html
Read more and get additional financial resources here: http://listentoscott.com
What we discuss in this episode:
2:45 – Key points of the article
4:14 – Four main biases
8:25 – Low bias, better financial health
10:07 – Solutions and priorities
13:27 – Biases we see
Thursday Feb 17, 2022
Thursday Feb 17, 2022
Today’s show is a special edition. We recently held a webinar with other financial advisors to talk about the state of the markets in 2022. We’ll get you up to date on stock market volatility and provide some perspective on the economy.
Read more and get additional financial resources here: http://listentoscott.com
What we discuss in this episode:
3:02 – Quotes
7:37 – Politics vs. policy
13:30 – The economy
15:14 – What drives the stock market
18:20 – Great resignation
21:32 – Inflation
24:28 – Financial markets
26:39 – Crypto currencies
28:58 – Economy is slowing
32:21 – Has inflation peaked?
35:09 – Rising interest and stocks do well
40:11 – Realistic expectations
Thursday Jan 20, 2022
Thursday Jan 20, 2022
If retirement is on your mind, then listen up. Today’s show is a 5-part checklist that’ll help measure if you’re in good financial health and set yourself up for retirement success.
What we discuss in this episode:
1:53 – Spend less than you make
2:47 – Future tax implications
5:06 – Know your retirement plan
6:54 – Retirement income plan
8:07 – Don’t worry about financial future
10:14 – Bonus sign
Read more: https://listentoscott.com/episodes/
Thursday Jan 06, 2022
Thursday Jan 06, 2022
You might not be able to follow through on all 22 of these resolutions, but implement even just a few of these and you’ll be well on your way to a more prosperous financial life in the coming year.
Read more and get additional financial resources here: https://listentoscott.com/podcasts/22-money-resolutions-for-2022/
What we discuss in this episode:
5:43 – Reducing debt
6:10 – Boost savings
6:39 – Prepare for unexpected
7:23 – Don’t overreact
9:02 – Budget
12:23 – Meet with a financial advisor
14:26 – Check beneficiaries
14:37 – Tough conversations
15:18 – Refinance
15:05 – Audit insurance
15:45 – Organize
16:16 – Check credit
16:40 – Check fees
16:58 – Share knowledge
18:38 – Give back
19:00 – Review tax brackets
19:16 – Roth conversion
19:39 – Update paycheck withholdings
20:15 – Rebalance portfolio
20:28 – Transition to retirement
21:38 – Consolidate accounts
23:00 – Listen to our podcast
Tuesday Dec 21, 2021
Tuesday Dec 21, 2021
Few people can pronounce “fiduciary” correctly, let alone describe it and explain how it impacts their world. It is a really important thing to grasp and be able to explain. So today, we’ll discuss what it means to be a fiduciary and some questions you can ask your financial advisor.
Read more and get additional financial resources here: https://listentoscott.com/podcasts/what-is-a-fiduciary-and-why-do-you-need-one/
What we discuss in this episode:
1:03 – How to pronounce fiduciary
2:33 – Your best interests
8:30 – How to spot fiduciaries
10:29 – Five questions to ask
Thursday Dec 16, 2021
Thursday Dec 16, 2021
As the end of the year quickly approaches, here are some last-minute tax issues you need to get in order before Jan. 1, 2022. Find out how RMDs, charitable contributions, and more could impact your taxes.
Read more and get additional financial resources here: https://listentoscott.com/podcasts/what-to-know-about-end-of-year-taxes/
Check List: Click Here
What we discuss in this episode:
3:47 – Required minimum distributions
5:01 – New legislation
5:59 – Contributions
6:48 – Tax review
8:17 – Qualified charitable distribution
9:47 – Estate planning, FSA, etc.
Thursday Nov 18, 2021
Thursday Nov 18, 2021
Time is undefeated. Nobody outlasts time. One of the big questions that people have, when they seek our advice, is: Will we be OK financially and have money for the rest of our lives? We’ll let you know what steps you must do to get there.
Read more and get additional financial resources here: https://listentoscott.com/podcasts/time-is-undefeated/
Jesse Itzler YouTube video: https://www.youtube.com/watch?v=jks1fjm3o_I
What we discuss in this episode:
1:33 – Time is undefeated
6:10 – Options shrink as you age
9:38 – Can we retire?
13:52 – Build your plan