Don’t Assume
Something More with Chris Boyd
Don’t Assume – Chris Boyd, Jeff Perry, and Russ Ball explore several financial planning assumptions people sometimes make that are often not true. The episode begins with Russ Ball outlining a new “super catch-up” for workers ages 60-64, which leads to an overall review of retirement account limits and special catch-up opportunities. Jeff shares clients’ stories where two public employees incorrectly assumed they would not be eligible for Social Security. Chris brings up other topics not to make assumptions about, including beneficiaries and 401K...
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One Big Beautiful Bill
Something More with Chris Boyd
One Big Beautiful Bill – Chris Boyd, Jeff Perry, and Russ Ball dig into the recently passed House of Representatives Budget Bill known as the “One Big Beautiful Bill.” The trio discusses the key items in the Bill, including making the Tax and Job Act income tax reductions permanent, eliminating taxes on overtime and tips, and increases in border and military spending. Jeff notes that the promises of significant reductions in Federal spending were not achieved in the House Bill. Chris and Russ offer thoughts on the likelihood of the House version passing in the Senate. For more...
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Navigating Economic Waves: A Portfolio Strategy
Something More with Chris Boyd
Navigating Economic Waves: A Portfolio Strategy - Brian Regan joins Chris Boyd and Jeff Perry to discuss a recent article Brian authored (see link below) which suggests that staying calm and ensuring that investment strategies are robust and adaptable, one can weather the economic “storms” triggered by tariff policy and related economic news. Brian comments that, “Just like a well-prepared vessel can withstand the might of the Atlantic, a thoughtfully managed portfolio can endure and thrive amidst economic turbulence.”...
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IRA Beneficiaries: Who Inherits What and When?
Something More with Chris Boyd
IRA Beneficiaries: Who Inherits What and When? – Just back from the Ed Slott Conference, Chris Boyd shares his in-depth commentary on how the Secure Act changed rules for distributing assets from an inherited IRA. Chris is joined by co-host Jeff Perry as they explore the sometimes confusing and technical rules of the three distinct categories of IRA beneficiaries. Chris outlines the basic rules as he points out that there are exceptions to be aware of. Jeff highlights the need for financial advisors to collaborate with client’s income tax preparers and estate planning to not only avoid...
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Mail Bag; Expenses in retirement, caring for your estate, 49 and no retirement savings
Something More with Chris Boyd
Mail Bag – Jeff Perry and Russ Ball dig into the Team AMR Mail Bag and answer questions from listeners. Included in this episode are, “I have read that my household expenses will go down when I retire, but I don’t understand why.” “I know that I need a Will, but don’t know who in my family I should choose to take care of my estate. Who should be my Personal Representative/Executor?” “I'm 49 years old and have nothing saved for retirement - what should I do?” Listen in as Jeff and Russ offer their advice and commentary to each of these listener questions. For more...
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College Planning
Something More with Chris Boyd
College Planning – As it is the time of year for high school and college graduations, Jeff Perry and Russ Ball discuss a wide variety of topics regarding planning for college. The conversation begins with the use of 529’s as the foundation for most families to save for future educational expenses. Jeff outlines the basics of how a 529 plan operates and the benefits of using one. Jeff & Russ next explore the factors that go into making the choice of which college is right for your student. Finally, the topic of how to pay for college and common mistakes people make in this process. For...
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BUFFETT!
Something More with Chris Boyd
BUFFETT! – With the recent retirement announcement from Warren Buffett, Chris Boyd, Jeff Perry, and Brian Regan reflect on the amazing life and the many financial lessons of Warren Buffett. Brian leads the conversation with a brief biographical summary of Buffett’s early years and reflections of how Buffett influenced his views on investing. Jeff weighs in with Buffett’s dislike of using leverage and specifically credit cards. Chris ends the episode discussing how Buffett plans to distribute his wealth through the “Giving Pledge.” For more information or to reach TEAM AMR, click the...
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Yellin & the News
Something More with Chris Boyd
Yellin & the News – After attending the CFA Society of Boston Annual Market Dinner, Chris Boyd offers his thoughts from Janet Yellen’s keynote speech. Chris reviews Yellen’s negative views on broad-based tariffs and other policies of President Trump. Jeff Perry joins the conversation as it shifts to other items in the news including more on tariffs, the Federal Reserve interest rate decision, new employment data, corporate earnings and a lack of guidance from CEO’s. The episode ends with thoughtful commentary from Chris about what an investor should do during these uncertain...
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Raising a financially literate child
Something More with Chris Boyd
Raising a financially literate child – Jeff Perry and Russ Ball offer suggestions and commentary about positive way to pass on personal finance lessons and values to your children through various stages of development. Jeff & Russ discuss the importance of positive role modeling (or at least not negative), explaining the three purposes of money, use of allowances, at what age is a debit card appropriate, value of a part-time job, and learning about compound interest and investing. Russ and Jeff share personal anecdotes and stories of what childhood lessons are still with them today....
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Annual reviews and why you need one
Something More with Chris Boyd
Annual reviews and why you need one – You have probably heard all the reasons why you need a comprehensive financial plan. In this episode Jeff Perry and Russ Ball discuss why it is critical to review your plan at least annually. Topics covered include responding to life changes, investment objectives, time horizons, liquidity needs, risk tolerance, cash-flows, life insurance needs, legacy planning, and more. For more information or to reach TEAM AMR, click the following link: https://www.wealthenhancement.com/s/advisor-teams/amr
info_outlineJoined by Jeff Tomaneng, CFP®, CIMA®, a seasoned wealth advisor from AMR, the trio offers invaluable advice and strategies for those approaching the final five years before retirement.
Key Takeaways:
- The Importance of a 5-Year Plan: Jeff Tomaneng emphasizes the critical nature of detailed planning within the last five years before retirement, outlining a roadmap to ensure you're financially secure when you make that giant leap.
- Asset Allocation and Risk Management: Get expert tips on how you should be managing your portfolio during these crucial years. Learn about the balance between risk and reward and how to optimize for a comfortable and sustainable retirement.
- Quality of Life Concerns: It's not just about the money. Chris, Jeff, and Jeff explore the non-financial aspects that make retirement fulfilling, from choosing the right location to live to identify post-retirement pursuits that bring you joy.
Why You Should Listen:
Navigating the path to retirement can be complex and stressful. Whether you're five years away from retirement or just starting to consider it, this episode provides a wealth of knowledge to help you make informed decisions that could substantially impact your quality of life during your golden years.
Don't miss this episode filled with actionable advice, expert insights, and the personal touch that makes "Something More with Chris Boyd" a must-listen for your financial well-being.
If you need help with financial planning issues, don't hesitate to contact Asset Management Resources at (866) 771-8901.
Something More with Chris Boyd:
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