Banking Secrets Uncovered: Staying Safe with FDIC Insurance & Insider Story from the 2008 Crisis
Release Date: 05/09/2023
Finding Passion & Purpose in Retirement
Ready To Retire!
Retirement isn’t the end—it’s the beginning of a new adventure! In this episode, we explore how to bring passion and purpose into your next chapter. Learn six practical tips to stay engaged, turn interests into meaningful activities, and create a fulfilling retirement on your terms. Whether you're nearing retirement or already there, these strategies will help you design a life you love. Here’s what we’ll cover: ✅ Exploring new passions and interests ✅ Starting small to avoid feeling overwhelmed ✅ Turning hobbies into meaningful...
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Smart Budgeting for Retirees
Ready To Retire!
Budgeting for retirement doesn’t have to feel overwhelming! In this episode of Ready to Retire!, I’m sharing practical strategies to help you manage your income in retirement—without sacrificing the lifestyle you’ve worked so hard to build. Many retirees worry about living on a “fixed income,” but I encourage you to think of it as a flexible income stream instead. We’ll talk about how to structure your income sources, account for inflation, and plan for unexpected expenses while still having room for travel, hobbies, and fun. Here’s what we’ll cover: ✔️ Why budgeting in...
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Easing Sibling Tensions when Settling Your Parents Trust
Ready To Retire!
Losing both parents is a challenging time, and managing the family estate as the successor trustee can feel overwhelming—especially when sibling tensions arise. In this episode, Danette shares a step-by-step guide to settling an estate, from obtaining death certificates to distributing assets, and offers five practical strategies to ease sibling conflicts. With tips on fostering collaboration, maintaining open communication, and setting boundaries, this episode is designed to help preserve family relationships during a difficult process. Check the show notes for helpful checklists and...
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5 Fun Ways to Boost Your Pre-Retirement Income
Ready To Retire!
Are you looking for fresh ways to boost your income before retirement? In this episode, we explore five fun, practical ways to add to your cash flow without taking on the weight of a second job. Whether you’re saving to retire early, dreaming of shifting into a passion project, or just want a bit more financial freedom, these tips can help you get there in a way that aligns with your current lifestyle… NEW RELEASE: THE EARLY START RETIREMENT PLAN Visit Take the Retirement Readiness Quiz! Start YOUR FREE Financial Plan Today: Now available – FREE ACCESS – to a Financial Planning...
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How to Calculate Needs in Retirement for Couples and 5 Key Savings Strategies
Ready To Retire!
Today we dive into the crucial topic of retirement planning for married couples. With the challenge of harmonizing two different perspectives on retirement, this episode offers valuable strategies to increase savings and ensure a comfortable retirement… Click here to Download Your FREE “3 Steps” to Plan an Epic Retirement Worksheet: What’s included: 3 Steps to Planning an EPIC Retirement Step 1: How will You Spend Your Time? Step 2: Identify Your Income & Expenses Step 3: Putting it all Together Start YOUR FREE Financial Plan Today: Now...
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Tax-Free or Tax-Deferred? Roth vs. Traditional IRA, Which is Better? | Ep 28
Ready To Retire!
Traditional IRA vs. Roth IRA – Which one is better? In this episode, Danette explores the decision between investing in a Traditional IRA, which offers immediate tax deductions but taxes gains upon withdrawal, and a Roth IRA, which doesn't provide tax deductions on contributions, but offers tax-free gains. Click here to Download Your FREE “3 Steps” to Plan an Epic Retirement Worksheet: What’s included: 3 Steps to Planning an EPIC Retirement Step 1: How will You Spend Your Time? Step 2: Identify Your Income & Expenses Step 3: Putting it all Together...
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Ways to Reduce the Financial Stress of 5 Major Life Transitions
Ready To Retire!
In this episode, we explore practical strategies to alleviate the financial strain that often accompanies five major life transitions: Relocating to new places Navigating career or job changes Managing finances through relationship shifts Coping with unexpected health events Finding stability during times of loss or grief. Tune in to discover expert insights and actionable tips for achieving financial peace of mind during these pivotal moments in life. Start YOUR FREE Financial Plan Today: Now available – FREE ACCESS – to a Financial Planning Tool: Click here: Connect with...
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10 Simple Tactics to Grow Your WEALTH in Your Free Time
Ready To Retire!
Don't miss out on these easy steps that can make a big difference in your financial journey. Uncover practical strategies, in our 1 YEAR Anniversary Episode, that can boost your wealth while fitting into your busy schedule. The episode explores hidden wealth-building gems to help you achieve prosperity. Click here to Download Your FREE “3 Steps” to Plan an Epic Retirement Worksheet: What’s included: 3 Steps to Planning an EPIC Retirement Step 1: How will You Spend Your Time? Step 2: Identify Your Income & Expenses Step 3: Putting it all Together...
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Reducing Investment Risks: Inflation, Interest Rates, Overspending & 8 Retirement Protection Strategies
Ready To Retire!
In this exciting episode, we'll be delving deep into the risks of long-term investing and equipping you with eight powerful strategies to reduce them. Click here to Download Your FREE “3 Steps” to Plan an Epic Retirement Worksheet: What’s included: 3 Steps to Planning an EPIC Retirement Step 1: How will You Spend Your Time? Step 2: Identify Your Income & Expenses Step 3: Putting it all Together Start YOUR FREE Financial Plan Today: Now available – FREE ACCESS – to a Financial Planning Tool: Click here: Connect with Danette...
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Before You Cash In: 6 Essential Tips to Maximize Your Social Security Benefits
Ready To Retire!
In this episode of the Ready to Retire! podcast, host Danette Lowe CFP®, shares crucial tips to maximize your Social Security benefits and ensure a financially secure retirement. Click here to Download Your FREE “3 Steps” to Plan an Epic Retirement Worksheet: What’s included: 3 Steps to Planning an EPIC Retirement Step 1: How will You Spend Your Time? Step 2: Identify Your Income & Expenses Step 3: Putting it all Together Start YOUR FREE Financial Plan Today: Now available – FREE ACCESS – to a Financial Planning Tool: Click...
info_outlineEmpower your financial journey by understanding FDIC insurance, protecting your assets, and learning from the past…
Click here to Download Your FREE “3 Steps” to Plan an Epic Retirement Worksheet: https://www.trunorthwealth.com/newsletter-signup
What’s included: 3 Steps to Planning an EPIC Retirement
Step 1: How will You Spend Your Time?
Step 2: Identify Your Income & Expenses
Step 3: Putting it all Together
Start YOUR FREE Financial Plan Today:
Now available – FREE ACCESS – to a Financial Planning Tool:
Click here: https://bit.ly/GetFinancialPlan
Connect with Danette Lowe, CFP®
https://linktr.ee/trunorthwealth
Visit Our Website: https://www.TruNorthWealth.com
Episode Summary:
FDIC Insurance Explained
In this episode, we dive into the details of FDIC insurance, including its history, purpose, and coverage limits, to help you better understand how it works and how you're protected.
Protecting Yourself & Trusts
We discuss the importance of keeping your accounts under FDIC insurance limits, staying protected in the case of a bank failure, and the potential risks of “un-funding” your family trust.
Credit Unions & Investment Products
Learn about the coverage provided by the NCUA for credit unions, as well as the lack of FDIC insurance for financial products like mutual funds, stocks, and bonds, and the role of SIPC insurance.
Strategies for High Balances
Explore the options for managing accounts that exceed FDIC limits, such as splitting funds between multiple banks or working with a financial advisor to purchase CDs from different institutions.
Insider Story from 2008 Crisis
Get a firsthand account from John Mack, former CEO of Morgan Stanley, about the government bailout during the 2008 financial crisis and the impact it had on the banking system.
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About Danette: https://tinyurl.com/28pg94tt/
Professional Journey- As the President and a CERTIFIED FINANCIAL PLANNER™ professional at TruNorth Wealth Management, LLC, I've found my calling in helping pre-retirees confidently navigate the crucial decision of retirement. Our team is dedicated to guiding family-oriented couples from being net savers to net spenders. We invite you to join our extended family and experience the TruNorth Wealth difference.
Founder – Wealth Advisor
TruNorth Wealth Management, LLC
1662 HWY 395 N, Suite 203, Minden, NV 89423
Connect with Danette @ https://linktr.ee/trunorthwealth
This podcast is for informational purposes only. The situations used herein do not constitute a recommendation as to the suitability of any investment for any person or persons having circumstances similar to those portrayed, and a financial advisor should be consulted for your specific situation. Neither Commonwealth Financial Network nor your representative provides tax advice.
Securities and advisory services offered through Commonwealth Financial Network®, Member FINRA/SIPC, a Registered Investment Adviser.