Guided Path 8-6 Property & Casualty Insurance
The Financial Call
Are you a homeowner or looking to become one? Here’s where you can learn about all the insurance you may need! Listen in as Zacc and Laura are joined by insurance professional Spencer Shelton to delve into property and casualty insurance. They discuss various personal and commercial insurance types, including auto, home, and umbrella policies. Spencer explains the nuances of homeowners' insurance, such as the differences between HO-3, HO-4, and HO-5 policies, and the significance of flood insurance. The conversation highlights the importance of understanding...
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BONUS - Questions From the Internet: Roth vs Traditional
The Financial Call
In this special bonus episode Zacc Call joins Erik Soderborg on the 90 Days from Retirement Youtube channel to delve into the most pressing questions from the internet following their recent episode on Roth vs. Traditional. This engaging discussion offers valuable insights and answers to commonly asked questions, providing listeners with a comprehensive understanding of the complexities surrounding these critical financial decisions. Topics covered include: Traditional & RMDs (Required Minimum Distributions): Unpack the nuances of Traditional retirement accounts and navigate the...
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Guided Path 8-5 Basics of Long-term Care & Disability Insurance
The Financial Call
Long-term care insurance is becoming an increasingly fundamental addition to the financial planning process. That’s why Zacc Call and Laura Hadley, along with insurance professional Barney Tanner, are diving into the intricacies of long-term care and disability insurance. They discuss the likelihood of needing long-term care, the various payment options including insurance, and the importance of planning for potential costs. The episode also explores the differences between standard and linked benefit insurance policies, the role of ADL requirements, and the nuances...
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BONUS: Protect Yourself from Running Out of Money in Retirement
The Financial Call
Get ready for another special bonus episode where Zacc Call joins Erik Soderborg on the "90 Days from Retirement" YouTube channel! They dive deep into the critical art of securing your retirement funds, covering everything from external risks to the internal decisions that could make or break your financial future. The conversation dives deep into the intricacies of risk tolerance, savvy withdrawal strategies, and debunking the 4% rule, all while stressing the need for a personalized approach tailored to your unique circumstances. Erik and Zacc pull back the curtain on the impact of...
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Guided Path 8-4 Life Insurance: When To Get It, When To Drop It
The Financial Call
There’s no magical date marked on the calendar telling you when to get life insurance. So, when should you get it, and is there a time you should get rid of it? In this episode, Zacc Call and Laura Hadley discuss both when to get and when to drop life insurance. Zacc shares his journey with life insurance, starting from when he married at 22, highlighting its importance for end-of-life expenses and family support. They explore the financial implications of death, such as mortgage and income continuation for survivors, emphasizing tailored coverage. The advisors also consider when...
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BONUS: When to Take Social Security to Maximize Your Benefits
The Financial Call
Explore an exclusive bonus episode featuring Zacc Call and Erik Soderborg from 90 Days from Retirement, where they unravel the intricacies of optimizing your Social Security benefits. Delve into valuable insights on maximizing your financial future. Catch the full interview on Erik's YouTube channel for a comprehensive guide to securing your retirement. Full video:
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Guided Path 8-3 Life Insurance
The Financial Call
Does it feel like you’re constantly being pitched life insurance? There’s a reason for that and we’re going to tell you why. In this episode, Zacc Call and Laura Hadley explore the intricacies of life insurance. Zacc shares his journey with thyroid cancer and underscores the value of life insurance in providing financial security during unforeseen health issues. They discuss the importance of determining the right amount of coverage, differentiating between term and permanent life insurance, and the potential pitfalls of policies with investment components. The conversation...
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Guided Path 8-2 Navigating the Alphabet Soup of Medicare
The Financial Call
Navigating the intricacies of Medicare can feel like wading through an alphabet soup of confusion and misinformation. To help you feel less overwhelmed, Zacc Call and Laura Hadley break down the different parts of Medicare and explain key points to keep in mind before enrolling — so you can make an informed decision based on your healthcare needs. Zacc and Laura discuss: Why enrolling in Medicare at 65 isn't mandatory and delaying is an option The importance of timely Medicare enrollment to avoid penalties An overview of Medicare Parts A and B, Medicare Advantage, and...
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Guided Path 8-1 Pre-65 Health Care Options for Early Retirees
The Financial Call
Retiring early is a dream for many. However, people often hesitate due to a fear of high healthcare costs, given that Medicare doesn’t come into play until the age of 65. We address this concern today — in the first episode of our brand-new season about insurance! Zacc Call and Laura Hadley explore three options for pre-65 health care coverage: COBRA plans, retiree plans offered by employers, and plans obtained through the exchange. Zacc and Laura discuss: How COBRA helps address any gaps in coverage (switching jobs, retiring early, etc.) Tips on...
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Guided Path 7-5 Charitable Giving Meets Exit Planning
The Financial Call
If you plan to exit your business soon and are charitably inclined, you may have untapped tax-saving opportunities! In this episode, Zacc Call and Laura Hadley discuss tax-efficient charitable giving strategies for business owners planning to exit their businesses. They specifically share ways to leverage donor-advised funds (DAF) and charitable remainder trusts to reduce capital gains tax and maximize your tax deductions. Zacc and Laura discuss: How income from selling a business is taxed in the U.S. How a complex asset donation works (structure, timeline, associated costs,...
info_outlineThis week, we are turning the intricacies of naming beneficiaries and transferring retirement funds into easy, actionable, steps.
In this episode, Zacc Call and Laura Hadley chat with, Kelsey Dent, Partner & Director of Financial Services at Capita Financial Network as she shares her insight around the process of naming beneficiaries, how to do so properly, and how to avoid some of the most common mistakes.
Zacc, Laura, and Kelsey discuss:
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How to take money out and avoid paying maximum tax penalties on your retirement accounts
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Everything you need to know about inherited IRAs (and some recent law changes around them)
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Primary versus contingent beneficiaries and how you can use them to your benefit
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The types of assets that you need to list a beneficiary on
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And more
Resources:
Connect with Capita Financial Network:
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(801) 566-5058
Connect with Kelsey Dent:
About Kelsey Dent:
Kelsey Dent is a partner & director of financial services at Capita Financial Network. Kelsey has been working at Capita for 7 years now and was the fifth employee on the team! Now Capita’s team has expanded to 38 employees.
Kelsey is exceptional with client servicing and project management. “Typically those not wanting to manage people or manage a team are the best managers” and that is exactly the case for Kelsey. She is joining Zacc Call and Laura Hadley on the show today to share some insight on naming beneficiaries and how to do so efficiently and effectively.