Retirement Plain & Simple
Mark Kemp and Todd Little are Certified Financial Planners (CFP) with Kemp Harvest Financial Group in Harleysville, Pennsylvania. Each episode, they'll break down important financial and retirement planning concepts and show you how to avoid common retirement pitfalls. They'll seek to keep each topic simple and easy for you to understand. If you have any questions, call 215-513-4330 or visit https://www.kempharvest.com/
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How to Make the Most Out of Your Year-End Bonus
12/01/2024
How to Make the Most Out of Your Year-End Bonus
We receive our working paychecks in a very systematic way, often every week or every other week. Well, what do we do when we get a year-end cash bonus, at times in the thousands of dollars all at once? What is the best way to use it? In this episode, we'll talk about some important things to think about when receiving a year-end bonus, as well as some common and uncommon strategies to consider. We want this show to help you think strategically about your year-end bonus. Whether it's paying off debt, saving for the future, or giving to others, the key is to make decisions that align with your financial goals and values. Here’s some of what we discuss in this episode: What would be the top three ways to spend the year-end bonus? If you don’t have debt to pay off, consider boosting your emergency savings. Some investment ideas if you want to grow that bonus money. Using the bonus for gifting during the holidays. What if you are using an IRA vs a Roth IRA? Contact: If you have any questions, call 215-513-4330 or visit
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Financial Values: Getting To Know The Kemp Harvest Team
11/01/2024
Financial Values: Getting To Know The Kemp Harvest Team
In today's fast-paced world, navigating the complexities of financial planning is very difficult at times. Many individuals find themselves asking, "What exactly does working with a financial advisor entail?" Today we’re going to shed light on this very question, offering a comprehensive guide to understanding our role and our process for planning. Join Todd and David as they take listeners on a journey through their six-step approach to financial advising. They emphasize the importance of aligning financial goals with personal values, a concept that resonates deeply throughout the episode. As Todd aptly puts it, "If our goals don't line up with our values, there's a disconnect, and we're oftentimes doomed to failure." This foundational principle serves as the bedrock for their unique approach to financial planning. For anyone considering working with a financial advisor, this episode is a must-listen. It not only demystifies the process but also highlights the importance of aligning financial decisions with personal values. Here’s some of what we discuss in this episode: How faith drives Todd and David in their financial decision making. Why it’s so important to align your financial goals with your values. The process of getting to know your team at Kemp Harvest. Every client is assigned an onboarding specialist to help facilitate the process. A look inside the six-step process we work through. Contact: If you have any questions, call 215-513-4330 or visit
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How Financial Advisors Get Paid
10/01/2024
How Financial Advisors Get Paid
One of the first questions that anyone asks before working with a financial advisor is how do you get paid? It’s a great question because there are different fee structures, and understanding what each means can help you choose the right type of service for your needs. In this episode, we’ll down the different ways that advisors get paid and the types of clients often drawn to these different types of advisors. We’ll break down the four main categories of financial advisory services: do-it-yourself, product-based, fee-for-service, and partnership. So whether you're a DIY investor, need a specific financial product, seek comprehensive planning, or want a long-term partnership, this episode will guide you through the pros and cons of each option. Ultimately, it’s important that you build a true partnership with your financial advisor and we hope this show helps make that easier. Here’s some of what we discuss in this episode: The four types of clients in financial planning. How commission-based payments work. Payment by way of a planning fee and how this is structured. How the relationship between advisors and clients is a genuine partnership. Advisors who are paid a fee based on how a portfolio performs. Contact: If you have any questions, call 215-513-4330 or visit
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Open Enrollment: What You Need To Know with Kelly Brownell
09/01/2024
Open Enrollment: What You Need To Know with Kelly Brownell
As we approach the fall, many employees will soon receive emails from their HR departments about open enrollment for the 2025 calendar year. This period is crucial for reviewing and selecting the benefits that best meet your needs. To help us better understand our options and what coverage is best, we are excited to have Kelly Brownell, a seasoned expert in open enrollment and employee benefits, on the show for this important episode. Here’s some of what we discuss in this episode: Why open enrollment is important and what the open enrollment period allows you to do. Non-health insurance benefits to take a look at as an employee during open enrollment. Where you should go to get your questions about benefits addressed. Under what circumstances can you change your benefits mid-year? The future of employee benefit packages. Connect with our guest: Contact: If you have any questions, call 215-513-4330 or visit
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Smart Strategies for Saving for College: Tips For Parents
08/01/2024
Smart Strategies for Saving for College: Tips For Parents
As summer winds down and the new school year approaches, now is the perfect time to consider your strategy for saving for your child’s college education. We all know that college isn’t getting any cheaper, so a proper financial plan is crucial in helping your child make this big commitment. Join Todd and David as they explore key aspects of college financial planning. They provide practical advice on saving strategies, helping your child define their educational and career goals, understanding student loan options, and making the most of popular 529 plans. Tune in for valuable insights and tips! Here’s some of what we discuss in this episode: Getting on the same page as a family when it comes to college Helping your child figure out their future goals Saving and paying for your children’s college education 529 plans as a savings vehicle for college Paying off school loans + FAFSA Saving For College Website Contact: If you have any questions, call 215-513-4330 or visit
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The Importance of Early Estate Planning Discussions with Elder Law Attorney, Maureen Anderson
07/01/2024
The Importance of Early Estate Planning Discussions with Elder Law Attorney, Maureen Anderson
We are excited to have Elder Law Attorney, on the show with us today. She joins us to discuss the benefit of intergenerational conversations surrounding end-of-life planning and wealth transfer. Starting these conversations with your loved ones can be challenging, so we’re excited to have Maureen’s perspective and insights to help approach these topics as effectively as possible. Tune in as Maureen explains why open and honest family discussions are crucial for future planning, and shares valuable tips to get these conversations started. These discussions should cover everything from wills and powers of attorney to healthcare directives and living wills. By addressing these topics early and revisiting them regularly, families can ensure that everyone is on the same page and prepared for whatever the future holds. Here’s some of what we discuss in this episode: The scope of Maureen’s practice as a Certified Elder Law Attorney The importance of end-of-life planning and getting your documents in order Why it’s so important to have these conversations with family members as early as possible How you can start having these conversations with family members What you should talk about with your kids + when professionals should get involved Contact: If you have any questions, call 215-513-4330 or visit
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Understanding Insurance: The Basics You Must Know
06/01/2024
Understanding Insurance: The Basics You Must Know
When you hear the word "insurance," what comes to mind? No matter how you feel about it, it's a complicated and often confusing topic for many. So, in this episode, we're going back to basics, breaking down different types of insurance and their roles in protecting your finances. Listen in as we discuss auto, home, umbrella, disability, and life insurance. While insurance may not be the most thrilling topic, it's an essential component of a solid financial plan. We're here to arm you with the clarity and insights you need to navigate the world of insurance confidently! Here’s some of what we discuss in this episode: The importance of auto and home insurance Understanding insurance coverage details like deductibles and liability The benefits of umbrella insurance How disability insurance works + assessing your coverage needs The various roles of life insurance Contact: If you have any questions, call 215-513-4330 or visit
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The Basics of Medicare with Healthcare Expert, Jim Long
05/01/2024
The Basics of Medicare with Healthcare Expert, Jim Long
There’s no doubt that healthcare expenses are one of the biggest things you must plan for when it comes to retirement. Because of this, many want to know how Medicare will fit into their overall healthcare expenses. In today's show, David Lawrence is going to sit down with seasoned healthcare expert, to explore the intricacies of Medicare. With 16 years of experience under his belt, Jim brings clarity to the often-confusing aspects of Medicare eligibility, enrollment, and plan selection. So, if you’re nearing retirement and feeling overwhelmed by Medicare options, tune in as David and Jim take it back to the basics. We hope you find this conversation helpful! Here’s some of the questions that are answered in this episode: What is Medicare and how does it fit into retirement healthcare expenses? What are the eligibility requirements for Medicare enrollment and how far in advance should someone take action? What are the options for individuals retiring before the age of 65 to bridge to Medicare? What are the differences between Medicare Advantage and Medicare supplemental plans? How does Medicare drug coverage work alongside these plans? Do people have to renew their Medicare plans each year, and if so, when? Do all doctors and hospitals accept Medicare? Learn more about Jim Contact: If you have any questions, call 215-513-4330 or visit
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Planning For Non-Financial Aspects of Retirement
04/01/2024
Planning For Non-Financial Aspects of Retirement
In today’s episode, we’re going to take some time to focus on an often overlooked, but crucial aspect of retirement planning. While financial preparedness is undeniably important, there’s more to retirement readiness than just the numbers in your 401k. Stay tuned as Mark and Todd explore some of the non-financial elements that can significantly impact your retirement experience. During this conversation, the duo unpacks a that highlights the disparities between the expectations of pre-retirees and the actual experiences of retirees. They chat about the unexpected challenges retirees encounter during the transition from the workforce to retirement life and focus on the importance of social interaction, mental stimulation, and flexibility in retirement planning. Tune in for a great conversation on planning for a fulfilling post-work life Here’s some of what we discuss in this episode: Having a strong social network in place as you approach retirement age Keeping your mind stimulated and creatively challenged in retirement Planning for unexpected events, such as health crises or caregiving responsibilities for aging parents Retirees often experience a longer adjustment period than expected Contact: If you have any questions, call 215-513-4330 or visit
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The 5 Foundations of a Comprehensive Financial Plan
03/01/2024
The 5 Foundations of a Comprehensive Financial Plan
You’ve probably seen or heard the term “comprehensive financial planning” used pretty frequently in the financial space. But what exactly does this mean and entail? In today’s episode, we’re going to focus on what comprehensive planning means to us here at Kemp Harvest Financial Group. Stay tuned as we give you a quick overview of the five foundations that make up a comprehensive plan. When thinking about these five “mini plans,” it helps to picture a Rubik's Cube. Each side represents a different facet of your financial life. The challenge is not just to address one side at a time but to consider the impact on the others with every twist and turn. Here’s some of what we discuss in this episode: The income plan: the keystone in comprehensive financial planning The investment plan: allocating income toward future goals and making your money work hard for you The tax plan: only paying what you have to tax in taxes and assessing how they might change in the future The protection plan: preparing for the unexpected through insurance or other plans The estate plan: laying out your wishes clearly regarding your assets and healthcare decisions The ongoing process: revisiting and adjusting your plan as circumstances, goals, and external factors change over time Contact: If you have any questions, call 215-513-4330 or visit
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Financial Habits and Resolutions
02/01/2024
Financial Habits and Resolutions
January often brings a wave of commitment to better money management, with many of us eager to make positive changes and set new money-related goals. With financial resolutions on many of our minds, we thought we’d take the time to explore some positive and negative aspects of common financial habits. Stay tuned as we discuss whether the “good” habits you’re considering are truly working in your favor. Whether you're on a mission to pay off debt, build an emergency fund, or keep a strict budget this year, we’ll share our thoughts on finding a healthy balance when setting financial goals. Tune in for valuable advice and practical tips to ensure your financial resolutions align with your long-term success. Here’s some of what we discuss in this episode: Ignoring your account statements can help avoid overreacting to short-term market fluctuations, but it also poses risks Keeping a strict budget is a wonderful way to stay on track for your goals, but it’s important to find a flow that works best for you While paying off debt early is a commendable financial goal, it’s important to talk with your advisor about your situation to ensure you aren’t missing out on opportunities for higher returns or tax advantages Building an emergency fund is important, but over funding it can lead to excess liquidity with lower returns compared to other investments In some cases, delaying financial decisions can lead to better outcomes if it means avoiding impulsive choices, but when patience turns into procrastination, it can harm your financial life Contact: If you have any questions, call 215-513-4330 or visit
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The Power Of An Intentional Spending Plan with Sue Derr
01/01/2024
The Power Of An Intentional Spending Plan with Sue Derr
This week, we're thrilled to have Sue Derr, a seasoned budget coach from on the show to explore the crucial topic of budgeting, just in time for the upcoming new year. With a background in budgeting that dates back over 30 years, Sue brings a wealth of experience and wisdom to the table. Stay tuned as she shares incredible insights into the art of effective budgeting and financial stewardship. Discover how aligning your values with a thoughtful spending plan can pave the way to financial freedom and a purpose-driven life. Don't miss out on the valuable insights that Sue shares to empower your journey towards intentional and successful budgeting. Here’s some of what we discuss in this episode: Sue’s background + the role budgeting has played in her life over the past 36 years Why is a budget so important and what are the advantages of having one? Some different ways to create and track a budget + tips for those getting started Some pros and cons of using technological tools for budgeting What does Sue do when spouses can’t agree on a budget? Adjusting your budget when your budget increases or decreases Learn more about Sue: Crown Financial Ministries’ MoneyLife Indicator: Crown Financial Ministries’ Personality ID Contact: If you have any questions, call 215-513-4330 or visit
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Retirement Planning for High-Net-Worth Individuals
12/01/2023
Retirement Planning for High-Net-Worth Individuals
In today's episode, we're taking a close look at high-net-worth individuals - those who have accumulated significant wealth and face unique challenges and opportunities when planning for retirement. Unlike the average person, their financial considerations go beyond the basics. We'll explore the distinct strategies and factors that come into play when securing a comfortable and prosperous retirement. Join us as we dive into the realm of taxes, estate planning, and various complexities that high-net-worth individuals need to be aware of when it comes to retirement planning. Mark and Todd will also debunk some common retirement planning myths surrounding this demographic and share why building a comprehensive financial team is so crucial. Here’s some of what we discuss in this episode: What typically classifies a high-net-worth individual? What are common misconceptions commonly held by high-net-worth individuals regarding financial planning? Some of the complexities that arise in financial planning for high-net-worth individuals, including investments, taxes, and estate planning The importance of responsible spending and financial planning, regardless of wealth Why is it crucial for high-net-worth individuals to have a team of advisors, and who should be included in this team? Contact: If you have any questions, call 215-513-4330 or visit
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End of Year Financial Planning For 2023
11/01/2023
End of Year Financial Planning For 2023
It’s that time of the year again! Join us for a thoughtful episode where we unpack our 2023 edition of key year-end planning strategies for those nearing or embracing their retirement years. We'll explore the nuances of optimizing your investment portfolio, safeguarding your assets, and ensuring a stable, rewarding lifestyle in the years to come. We’re also excited to welcome on today’s show, who is new to the podcast, but has been with Kemp Harvest Financial Group for over seven years now. Together, we'll navigate through essential topics like managing RMDs, exploring tax-saving opportunities, and even touching on the often-overlooked emotional aspects of this pivotal life transition. Stay tuned to see what you can learn! Here are the 7 categories we’re focusing on in today’s episode: General Planning and Investment Strategies- including reviewing investment accounts and retirement contributions Taxes- focusing on RMDs, tax loss harvesting, and Roth conversions Insurance and Healthcare Planning- considering open enrollment, long-term care + looking at your personal health Income- evaluating current and future sources of income, budget, and expenses Real Estate and Relocation- looking at downsizing, upsizing, or moving Technology- checking cybersecurity, passwords, and checking credit reports Generational Wealth Considerations- gifting to family and charities, legal document review + organization Contact: If you have any questions, call 215-513-4330 or visit
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Planning for Long-Term Care and Retirement Communities with John Bryant
10/01/2023
Planning for Long-Term Care and Retirement Communities with John Bryant
As we age, the topic of long-term care and retirement planning becomes increasingly important. However, trying to work through the different options can often feel overwhelming and daunting. That's why we've brought in senior living expert John Bryant on our latest podcast episode to share his wealth of knowledge on these topics. John currently serves as the CEO of Christ’s Home in Warminster, Pennsylvania, and his experience in senior living goes back decades. His background gives him a unique perspective on retirement communities and the long-term care needs many retirees find themselves needing. Today we’re going to spend some time with him discussing Continuing Care Retirement Communities, the trends he’s seeing for this industry, what to look for in a community, and the fee structures associated, and more. If you’re nearing retirement and considering a move to a CCRC, this episode will be invaluable. Here are some key takeaways from this episode: What does long-term care mean and what are the planning items that come to mind for John? The front-end of the Boomer generation and the increase in LTC needs. Why you should start thinking about this and planning for LTC by your mid 60s. The improved amenities and larger units you’ll find in retirement communities today. What happens if someone was to run out of money while living in a retirement community? Where he thinks things are headed in the future for home health care. Learn more about John and Christ’s Home: Contact: If you have any questions, call 215-513-4330 or visit
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Effective Estate Planning with Bill Cooper
09/01/2023
Effective Estate Planning with Bill Cooper
Today we are excited to dive into the intricate world of estate planning with seasoned estate planning attorney, . With over two decades of experience in the field, Bill brings a wealth of knowledge and expertise to the table. Join us as we explore the critical elements of estate planning that go beyond simply drafting a will. Tune in to discover how estate planning can help you maintain control over your assets, make informed decisions about healthcare, and safeguard your legacy. Bill shares the importance of working with professionals who specialize in estate planning and taxation, as well as the need to adapt your plan as circumstances change over time. From the nuances of gifting to the implications of moving across state lines, this conversation offers valuable insights for anyone seeking to secure their financial future and that of their loved ones. Whether you're just starting to consider estate planning or looking to revisit an existing plan, Bill's expertise will help you gain a deeper understanding of the multifaceted world of estate planning. Here are some key takeaways from this episode: Estate planning is not just about drafting a will; it encompasses a holistic strategy that includes healthcare decisions, legacy preservation, and tax considerations. Working with a qualified attorney experienced in estate planning and taxation, preferably with a CPA or LLM designation, ensures that your plan aligns with the ever-changing legal and financial landscape. Different states have varying laws regarding estate taxes and probate processes. Be sure to adapt your estate plan if you move to a different jurisdiction to maximize its effectiveness. Gifting can be a powerful tool to pass on assets while minimizing taxes, but you must do it the right way. Understanding annual gift limits, exemptions, and potential pitfalls is crucial to making informed decisions. Estate plans should be reviewed periodically, especially after life events like marriage, divorce, or changes in financial circumstances. Contact: If you have any questions, call 215-513-4330 or visit
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Understanding Income in Retirement
08/01/2023
Understanding Income in Retirement
In this episode, we’re diving into the essential components of retirement income planning. Mark and Todd break down the five major areas of retirement expenses, including housing, healthcare, food and groceries, transportation, and paying off any remaining debts. They also touch on nice-to-haves, such as travel, leisure activities, self-care, and gifts. Tune in so that you don’t forget to account for any of these expenses! We’ll highlight some key factors to consider when planning for your retirement income, such as inflation and longevity. We’ll also discuss setting realistic expectations for investment returns to avoid unnecessary financial stress and the potential benefits of incorporating guaranteed or protected income sources in your retirement plan to mitigate market risks. Here are some key takeaways from this episode: In retirement income planning, distinguish between must-haves (essential expenses) and nice-to-haves (fun expenses). Consider the impact of inflation on your retirement expenses over time. Plan for longevity by assuming a longer life expectancy and preparing for extended retirement years. Set realistic expectations for investment returns to avoid unnecessary financial stress during retirement. Explore the benefits of incorporating guaranteed or protected income sources to mitigate market risks. Contact: If you have any questions, call 215-513-4330 or visit
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Mastering Retirement Cash Flow: Understanding Changing Expenses
07/01/2023
Mastering Retirement Cash Flow: Understanding Changing Expenses
In this episode, we’ll explore many of the expenses in your life that might drastically change (one way or another) in retirement. We’ll break those expenses down further to see which ones are the top priorities and analyze some of the other factors that impact your cash flow in retirement. Join us as we talk about home renovations, travel costs, healthcare expenses, inflation, taxes and much more. We’ll analyze different scenarios and provide you with practical insights into retirement costs that you may not have accounted for. Whether you're approaching retirement or already enjoying it, this episode is filled with essential knowledge on properly preparing for a comfortable and fulfilling retirement. Here's some of what we’ll discuss in this episode: Should I pay off my house before I retire? + Making house renovations and upgrades. (0:44) No more “work stuff” – transportation and wardrobe expenses. (5:50) Increased healthcare costs in retirement. (8:16) Planning for taxes and inflation in retirement. (12:58) How insurance costs might change in retirement. (20:25) Contact: If you have any questions, call 215-513-4330 or visit
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6 Major Life Events That Impact Your Financial Picture
06/01/2023
6 Major Life Events That Impact Your Financial Picture
Are you ready to take control of your finances during life's most pivotal moments? In this episode, we dive into the complex world of financial decision-making during six key life events. Each of these could have a major impact on your money and your future. From the excitement of marriage and the joy of welcoming a new child to the challenges of divorce and the loss of a loved one, we'll provide practical tips and guidance to help you make informed decisions and maintain financial stability. We understand that many of these can be stressful, which is why we always encourage you to have a financial professional on your side to help you through these events. Here's some of what we’ll discuss in this episode: The financial decisions that need to be made when getting married. (1:57) The changes that impact you when you get remarried. (7:31) Dealing with divorce or the death of a spouse. (13:29) Job changes or retirement and the considerations you’ll need to make. (18:57) What questions come up with a birth or child adoption? (20:45) If you have any questions, call 215-513-4330 or visit
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Ep 45: How Age and Wisdom Impact Financial Planning
05/01/2023
Ep 45: How Age and Wisdom Impact Financial Planning
Age and wisdom go hand-in-hand when it comes to planning for your financial future. While knowledge is certainly important, it is not enough on its own. In this episode, we will dive into the significance of both wisdom and experience in preparing for the retirement of your dreams. There’s an old quote that says, “Age is the price of wisdom.” Ask yourself, have you changed your opinion on money and saving for retirement as you’ve gotten older? With the right planning, you can ensure that you have the right resources to live comfortably down the road. No matter how you feel about retirement, we are here to help you prepare. Stay tuned as we explore the important ways that age and wisdom can impact your financial planning. Here's some of what we’ll discuss in this episode: Why does age matter in financial planning? (3:22) What role does wisdom play in financial planning? (8:05) Life lessons we’ve learned from clients. (12:59) Contact: If you have any questions, call 215-513-4330 or visit
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Ep 44: Spring Cleaning: Tips To Keep Your Finances Organized
04/01/2023
Ep 44: Spring Cleaning: Tips To Keep Your Finances Organized
For some people, it’s time for spring cleaning. And that often means diving into a cluttered closet and getting it cleaned out and organized. In this episode, we’ll discuss what principles we can take from a closet clean-out and apply to our financial lives. It’s always overwhelming to start the process of cleaning and organizing a closet, and for most people, it’s no different when it comes to getting organized financially. But keeping your finances organized is an important part of the financial planning process, as it encourages us to take a deeper look at what’s working in our financial plan and what isn’t. So, where do you begin when starting to organize your financial life? Stay tuned to find out! Here's some of what we’ll discuss in this episode: What is the dollar cost averaging strategy and how could it benefit you in retirement planning? (1:30) What is reverse dollar cost averaging? (5:06) Consolidating your accounts to make them easier to keep track of. (10:08) Are you investing the way you should be? (12:38) Some spring travel and day-trip ideas in the Philadelphia area. (15:15) Contact: If you have any questions, call 215-513-4330 or visit
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Ep 43: Navigating Tax Season – Filing vs. Planning & Other Money Saving Concerns
03/01/2023
Ep 43: Navigating Tax Season – Filing vs. Planning & Other Money Saving Concerns
On this episode of Retirement Plain & Simple with Mark Kemp & Todd Little, we’ll address some key money saving concerns that we think you’ll find helpful as we run full speed into tax season. Todd is going to kick us off by breaking down the important difference between tax filing and tax planning. It's a crucial distinction that you'll want to know about to avoid missing out on key opportunities throughout your retirement years. We'll also dive into one of the age-old debates: Roth vs. traditional contributions. Should you pay the tax now or later in life? We'll give you the lowdown on what the pros and cons are and why you might want to consult with a financial planner for help in this arena instead of solely relying on the recommendations of a tax preparer. Mark will also share some real-life examples of common tax issues that he and Todd have seen over the years and much more. You didn’t know tax talk could be so fun, but Mark and Todd are ready to provide some spice to the conversation, so buckle up for a great 30 minutes of Retirement Plain & Simple as we help you navigate the 2023 tax season and beyond. Here's some of what we’ll discuss on this episode: Accelerating into tax season. Todd has some important points about distinguishing between tax filing and tax planning. (1:17) Roth vs. traditional contributions. Should you pay the tax now or later on in life? This is an essential question when it comes to tax planning. It’s one of the areas where the advice might differ between working with a financial planner and a tax preparer. (6:41) Mark introduces the first of three examples of common tax issues the team has seen over the years. (12:06) A simple, but massive tax mistake. (18:16) The mortgage. Do you pay it off so you don’t have to carry the debt into retirement? (22:04) If you have any questions, call 215-513-4330 or visit
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Ep 42: Six Financial Advisors You Should Avoid
02/01/2023
Ep 42: Six Financial Advisors You Should Avoid
If you want to improve your finances and plan for retirement, it’s good to have a financial advisor. Picking the right advisor can lead to one of the most important relationships in your life. But not all advisors are created equal. In this episode, we’re going to point out some of the people that you might want to stay away from. We’ll share some red flags you should look for when searching for the right advisor so that you can make the right choice with your financial future. Remember, no matter who you pick, you aren’t stuck with that advisor forever. If you’re ever unsure about the service you’re receiving, reach out to another professional to get a second opinion. Here's some of what we’ll discuss on this episode: Watch out for the guy with the hammer. (3:38) Watch out for the oxygen hog. (6:37) Watch out for the expensive but empty suit. (10:47) If you have any questions, call 215-513-4330 or visit
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Ep 41: The Financial House
01/02/2023
Ep 41: The Financial House
Over 30 years ago, a mentor in the business taught about “The Financial house”. With the New Year here, we want to help you get your Financial House in order. Every house needs a good foundation, and this lesson will help you make sure your foundation is strong. Let’s jump in! Here’s what you’ll learn on the show: The three parts of the Financial House. (3:57) Do you have a functional budget? (6:11) Getting your financial documents in order. (12:44) Weighing risks and insurance. (18:47) Contact: If you have any questions, call 215-513-4330 or visit
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Ep 40: Making Smart Decisions During Major Life Events
12/08/2022
Ep 40: Making Smart Decisions During Major Life Events
Most of us make a financial mistake (or two) in our lifetime, but there are circumstances that it's imperative to make the right decision. When major life decisions occur, you want to understand how they can affect your finances. Let’s explore some of the things you should be thinking about to make smart financial decisions when you encounter some of the most significant events in your life. Here’s what you’ll learn about mutual funds on the show: What you should consider when going through a job or career change as you approach retirement. (1:13) How an inheritance can be a blessing and a curse. (9:04) How to navigate becoming an empty nester. (13:16) Contact: If you have any questions, call 215-513-4330 or visit
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Ep 39: Is There Greener Grass On The Other Side?
11/10/2022
Ep 39: Is There Greener Grass On The Other Side?
Sometimes you need to find a new financial advisor. Other times, you might think you need a new advisor, but really, you’re just guilty of thinking that the grass is greener on the other side. Today we’re sharing some common scenarios and whether they’re legitimate reasons for leaving your advisor. In our 30-plus years in the financial industry, we’ve seen it all. We’ll share some hypothetical scenarios and see if any of these apply to you. Here’s some of what you’ll learn in this episode: Should I leave an advisor who made a mistake? (2:33) Should I leave an advisor who doesn’t have as much time for me? (8:35) Should I leave an advisor who is not very engaging and outgoing? (13:07) Contact: If you have any questions, call 215-513-4330 or visit
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Ep 38: Warning Signs: How to Spot Problems in Your Financial Life
10/13/2022
Ep 38: Warning Signs: How to Spot Problems in Your Financial Life
Just like the lights on your dashboard can indicate if something is wrong with your car (like low tire pressure or leaking oil), there are indicators in your financial life that might point out that you have a problem that needs to be addressed… You might have watched your parents retire in their early 60s and think that’s how it should still be for everyone. But consider that you’ll likely live much longer than them, you probably don’t have the pension that they had, and the costs for your healthcare during your retirement years will dwarf their costs. Don’t feel entitled to retirement at a certain age unless you have a plan in place that shows you why and how it’s possible. Let’s dive into some red flags you should be aware of. Here’s some of what you’ll learn in this episode: If you lose sleep because of market fluctuations based on issues in Greece, China, or elections, then you probably have too much risk in your portfolio. (1:48) Are you overly focused on attaining a certain net worth? (5:29) Do you know how much it actually costs to fund your lifestyle? (7:22) Don’t expect your retirement to look exactly like your parents’ retirement experience. (13:15) Contact: If you have any questions, call 215-513-4330 or visit
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Ep 37: Going Against the Grain
09/01/2022
Ep 37: Going Against the Grain
There is a lot of conflicting information about retirement and investing on the internet- so how do you know which options are the best for you? Being a good advisor isn’t about winning a popularity contest or just saying the same things everyone else in the industry says. It’s about giving the best advice that you can for each individual situation. On today’s show, we’re going to peel back the curtain to discuss some areas where a good financial advisor’s opinions might go against the grain with mainstream ideas in the industry. Here’s some of what you’ll learn in this episode: What’s the right amount of life insurance for you? (2:18) How an annuity may or may not fit in your overall financial plan. (6:48) Everything you need to know about mutual funds. (10:34) How we determine if you should pay off all of your debt or not. (18:21) Contact: If you have any questions, call 215-513-4330 or visit
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Ep 36: Should You Follow These Popular Retirement Rules of Thumb?
08/11/2022
Ep 36: Should You Follow These Popular Retirement Rules of Thumb?
You’ve most likely heard plenty of “rules” you’re supposed to follow to retire successfully. Some of these rules are stated so confidently, you’d be crazy not to immediately accept them as fact. But we don’t mind the threat of being called crazy, so let’s dive into some of the most popular retirement “rules of thumb” to see if they truly lead us down the path of good financial guidance or run a chance of leading us astray. As you’ll hear us talk about on the show all the time, every individual needs a plan tailored to their specific needs so while these rules are good for providing some direction, they aren’t necessarily applicable to you. Here’s some of what you’ll learn on this episode: The rule of 72 is great for determining the amount of time to double your money based on returns. (2:32) The rule of 100 doesn’t give you a true sense of how much risk you should be taking on. (5:24) Why we totally disagree with rule that you need 75% of your working income in retirement. (6:48) Why it’s not accurate to assume that you need 10 times your salary saved by the time you’re 67. (17:05) The 4% rule has been for withdrawing money in retirement has been a good guideline but it doesn’t hold up now. (20:00) Contact: If you have any questions, call 215-513-4330 or visit
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Ep 35: Retirement Pop Quiz
07/07/2022
Ep 35: Retirement Pop Quiz
Pop quiz time! Can you ace this retirement pop quiz or should you be studying a bit more? Don’t worry if you guess a few wrong either. Not all of these are “100%” right or wrong. At what age should you start saving for retirement? When you begin working After you buy your first home When you pay off all of your debt Which of these is the best estimate of how much income you’ll need in retirement? 50% of your current income 85% of your current income 100% of your current income None of the above Join us today as we explore these pop quiz questions and more on today’s episode! What we discuss: 2:27 – At what age should you start saving for retirement? 6:47 – How much do you need to cover your income? 12:48 – What do retirees fear or worry about the most? 15:58 – Which of these represent a diverse retirement plan? Contact: If you have any questions, call 215-513-4330 or visit
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