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Retirement Red Zone with Scott Birmingham

Something More with Chris Boyd

Release Date: 09/25/2023

Do Financial Advisors Really Improve Retirement Readiness? show art Do Financial Advisors Really Improve Retirement Readiness?

Something More with Chris Boyd

With big earnings and stock movements from semiconductor makers, Brian Regan shared some insights into the industry, as well as how to invest smartly even if you weren’t in on the ground floor of some big market movers.  Chris also references American College of Financial Services survey reported on by Barron’s which answers the question, “Do Financial Advisors Really Improve Retirement Readiness?”  

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Government shut down show art Government shut down

Something More with Chris Boyd

Could a Government Shut Down be only days away?  Chris shares insights about the risks of a 3/1/24 deadline and what it should mean for investors if we do have a shut down.  Complicating negotiations are enormous deficits and growing debt.  Chris weighs in on declining global trade, the challenges of target date funds, and other items in this week’s news.

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Mailbag Questions-Timeshare Beware show art Mailbag Questions-Timeshare Beware

Something More with Chris Boyd

More Mail Bag Questions – Chris Boyd and Jeff Perry dig into more questions from podcast and radio listeners. In this episode Chris discusses how too many investors are chasing yield, which may actually be adding more risk than is perceived. Chris and Jeff share their thoughts regarding total return versus income. The segment concludes with a dialogue of the dangers and costs of buying and owning a timeshare.   #InvestmentYield #TotalReturnVsIncome #FinancialInsights #InvestmentTips #RiskManagement #TimeshareRisks       Chasing Investment Yield Total Return vs. Income...

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5 Worst things that harm your retirement plan show art 5 Worst things that harm your retirement plan

Something More with Chris Boyd

Survey of the five worst things that harm your retirement plan – Chris Boyd and Jeff Perry discuss a recent nationwide survey which asked workers and retirees about mistakes and major life events, and how it impacted their retirement. Chris and Jeff review the top five results and offer specific commentary on how to avoid making these mistakes and other ways to enhance your retirement financial plan. A copy of this article can be found at the link below: https://www.fool.com/retirement/2024/02/01/americans-label-these-5-things-as-their- worst-reti/   #RetirementPlanningMistakes...

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MailBag Questions- Illiquid Investments show art MailBag Questions- Illiquid Investments

Something More with Chris Boyd

Chris Boyd and Jeff Perry dig into questions from podcast and radio listeners. In this episode Jeff asks Chris about the merits of UITs/Defined Portfolios, Closed-End Funds, & other illiquid types of investments. Jeff also questions Chris about investment portfolios with an overly simplistic design, broad balanced funds, and portfolios with a concentration in a single fund family.   #InvestmentTrusts #DefinedPortfolios #ClosedEndFunds #IlliquidInvestments #InvestmentStrategies #BalancedFunds   Unit Investment Trusts (UITs) Defined Portfolio Investments Closed-End Fund Strategies...

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Family Meetings show art Family Meetings

Something More with Chris Boyd

Family Meetings – Chris Boyd and Jeff Perry welcome Robert Mauterstock of Plan4Life to discuss when and why family members should be included financial planning meetings. The trio discusses real-life situations where including family members in meetings with financial advisors makes the most sense. Bob offers advice on what types of information should be shared with your children and in what context. The importance of estate planning is also highlighted.   #FamilyFinancialPlanning #EstatePlanning #FinancialAdvisors #FamilyFinance #Plan4Life #FinancialTips #FinancialInsights...

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Understanding Bonds 101 show art Understanding Bonds 101

Something More with Chris Boyd

Understanding Bonds 101 – Chris Boyd goes back to the basics of investing in Bonds.  Chris starts out by explaining how stocks and bonds are different and why each has their proper place in one’s investment portfolio.  Chris discusses the different types of bonds, bond investment vehicles, and their associated levels of risk.  He points out that while bonds pay a fixed interest rate that becomes more attractive if interest rates fall, it also drives up demand and the price of the bond.  Conversely, if interest rates rise, the price of a bond will go down. ...

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Valentine’s Day and Healthy Marital Finances show art Valentine’s Day and Healthy Marital Finances

Something More with Chris Boyd

Valentine’s Day and healthy marital finances – With Valentine’s Day quickly approaching, Chris Boyd and Jeff Perry dig into why and how good financial communication between spouses/partners is essential to a happy long-lasting relationship.  Jeff shares how he and his wife Lisa have a monthly financial review meeting.  The conversation turns to a study discussed at the link noted below from the Bowling Green State University’s National Center for Family & Marriage noting that 31% of those 65 and over are remarried. The article goes on to discuss important things to...

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In the news this week show art In the news this week

Something More with Chris Boyd

In the news this week – Chris Boyd and Jeff Perry start off the segment with a review of the record high level of stock market prices.  Chris and Jeff next talk about the upcoming Superbowl pitting the Kanas City Chiefs against the San Franciso 49ers.  The conversation transitions to the finances of the Superbowl, including the over $1B of economic stimulus to Las Vegas (site of the Superbowl) and the $26B projected to be wagered on the game.  The segment ends with commentary on reports from the Congressional Budget Office (CBO) estimating that this year’s federal budget...

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“Live Long, Die Short” show art “Live Long, Die Short”

Something More with Chris Boyd

“Live Long, Die Short” – Chris Boyd and Jeff Perry welcome Dr. Roger Landry to the show. After a twenty-three year career in the Air Force, he became the President and Chief Content Officer of Masterpiece, which is an organization with the goal to research and change the perception on “health, change, and aging”. In addition, Dr. Landry is the author of “Live Long, Die Short: A Guide to Authentic Health and Successful Aging”. Dr. Landry focuses his comments on helping older adults achieve and maximize their true potential for healthy longevity, one that is based on...

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More Episodes

Chris Boyd and Jeff Perry explore the all-important "Retirement Redzone." Joined by special guest Scott Birmingham CFP®, ChFC®, CDFA®, CAP®, CLU, a lead financial planner with extensive experience, the trio dissects the unique challenges and opportunities that come in the critical years leading up to retirement.

Key Takeaways:

  • The Retirement Redzone Explained: Learn what the term 'Retirement Redzone' means and why these years are crucial for setting the stage for a financially stable retirement.
  • Seminar Insights: Chris, Jeff, and Scott discuss the highlights from their recent seminar on the Retirement Redzone, sharing key takeaways, audience questions, and actionable advice.
  • Investment Strategies: Scott Birmingham offers expert recommendations on how to optimize your investment portfolio during the red zone years, balancing between risk and security.
  • Tax Planning: The importance of tax-efficient strategies as you approach retirement and how the choices you make now can affect your long-term financial health.
  • Social Security & Medicare: Understand how these pillars of retirement intersect with your personal savings and investment plans and how to make the most of them.
  • Quality of Life Factors: The episode also covers the non-financial aspects of entering the Retirement Redzone, such as considering where to live, healthcare decisions, and mental preparation for this new phase in life.

Why You Should Listen:

If you are entering or are close to joining the Retirement Redzone, this episode is essential listening. With its blend of expert insights, practical advice, and attention to financial and quality-of-life factors, this podcast provides a comprehensive guide to navigating the years that will define your retirement experience.

If you need help with financial planning issues don’t hesitate to reach out to Asset Management Resources at (866) 771-8901.

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