Take Back Retirement

You’re a woman on the cusp of “retirement” naturally feeling some anxiety. We are two financial planners who take this subject seriously (but ourselves less so). We will help you feel more confident about your choices by cutting through the myths and mysteries. Through conversations and interviews with both subject-experts and women who have gone through what you are approaching, you will have the correct information and motivation to be in control of your future.

115: Financial Therapy: The Intersection of Money and Emotions with Wendy Wright 07/02/2025

115: Financial Therapy: The Intersection of Money and Emotions with Wendy Wright “There is not good or bad with money” Our hosts, Stephanie McCullough and Kevin Gaines, sit down with financial therapist Wendy Wright to unpack the emotional complexities that often underlie our financial behaviors. Wendy believes that money issues aren’t just math problems—they’re emotional ones too! Rather than focusing on dollars and cents alone, Wendy helps her clients understand why they avoid budgeting, overspend in emotional moments, or feel incapable of managing money. Her mantra? “Abundant, compassionate curiosity and zero judgment.” Wendy discusses common patterns like the belief of being “bad with money,” the influence of childhood messages, and the emotional burden of debt. She advocates for intentionality, self-awareness, and sustainability over perfection, as well as financial journaling and identifying emotional triggers to help people rewrite their “money stories” and build healthier, more resilient habits. “Nothing's going to work for you if it’s not sustainable.” Healing your relationship with money begins with something as small as a $10 weekly savings goal. It’s totally unhelpful to label yourself as “good” or “bad” with money. Personal finance is a deeply personal journey that benefits from reflection, not just spreadsheets. Whether you're confronting debt, struggling with avoidance, or simply seeking a more peaceful relationship with money, give yourself permission to start exactly where you are—with grace. Key Topics: Wendy’s Financial Therapy Framework (03:20) Avoidance and Emotional Burdens (08:39) The “Bad with Money” Myth (10:45) Algorithmic Influences on Money Shame (13:22) Debt, Shame, and Sustainability (15:10) Money as a Tool, Not a Goal (31:28) Where to Begin: Curiosity, Not Judgment (34:14) Resources: If you like what you’ve been hearing, we invite you to subscribe on your favorite platform and leave us a review. Tell us what you love about this episode! Or better yet, tell us what you want to hear more of in the future. [email protected] You can find the transcript and more information about this episode at . Follow Stephanie on , , and . Follow Kevin on , , and . /episode/index/show/takebackretirement/id/37254490

114: Child-free Estate Planning: Picking the Right People for Key Roles - and What to do if You are Picked! with Patricia De Fonte 06/15/2025

114: Child-free Estate Planning: Picking the Right People for Key Roles - and What to do if You are Picked! with Patricia De Fonte “Usually, people are not trying to kill you or keep you alive for nefarious reasons, unless you're very old and very rich and very mean.” -Patricia De Fonte When most people think of estate planning, they imagine dividing assets among children or a spouse—but Patricia De Fonte, founder of De Fonte Law, offers a broader and deeper perspective. Our hosts, Stephanie McCullough and Kevin Gaines, sit down with Patricia to explore what “estate planning with heart” really means, especially for those without children or partners. People often name child-free individuals as caretakers without their consent, adding invisible burdens. To anybody in this situation, Patricia urges taking ownership: ask questions, know what’s expected, and ensure fair compensation. Far from dry legal jargon, Patricia’s approach to estate planning is a refreshing blending of emotional realism with practical wisdom. The stories she shares—from hospital disputes to posthumous family rifts—tell us just how crucial it is to name the right people, update our documents, and make our values explicit. She encourages everyone to assemble a personal and professional support team, use tools like detailed healthcare directives, and even consider gifts for healthcare proxies as acts of compassion. Plan not just for assets, but for relationships and peace of mind. Key Topics: Patricia’s Philosophy on Estate Planning (03:38) Burden of the Unasked Role (05:11) The Dangers of Safe Deposit Boxes (07:04) Healthcare Directives and Family Conflict (08:59) The Reality of Fiduciary Roles (15:17) “What do You Mean by Liability?” (32:33) Updating Documents and Avoiding DIY Pitfalls (39:16) Stephanie and Kevin’s Wrap-Up (49:43) Resources: If you like what you’ve been hearing, we invite you to subscribe on your favorite platform and leave us a review. Tell us what you love about this episode! Or better yet, tell us what you want to hear more of in the future. [email protected] You can find the transcript and more information about this episode at . Follow Stephanie on , , and . Follow Kevin on , , and . /episode/index/show/takebackretirement/id/37045930

113: Side Hustle or Second Career? Navigating Midlife Entrepreneurship with Shannon Russell 05/30/2025

113: Side Hustle or Second Career? Navigating Midlife Entrepreneurship with Shannon Russell “Do your research. Do your planning yourself until you get that confidence to project it to the world, and whatever they say will bounce off your armor because you know you’re doing the right thing.” -Shannon Russell Thinking about trading your day job for a business of your own? You’re not alone—and you’re not crazy. Our hosts, Stephanie McCullough and Kevin Gaines, talk with Shannon Russell, a career transition coach who specializes in helping women reinvent themselves through entrepreneurship. Shannon shares her journey from TV producer to franchise owner to business coach, along with insights from her new book, Start Your Second Act. They dive into everything from identifying whether your passion project can really become a business to managing financial risks, exploring different business models, and handling the emotional side of career reinvention. Shannon emphasizes the importance of doing your homework—researching the market, testing ideas on a small scale, and being honest about your needs and goals. Whether you’re chasing flexibility, meaning, or a new income stream in your second act, Shannon’s here to offer your encouragement and practical advice for building something that truly fits your next chapter! Key Topics: Shannon Russell’s Story (04:32) Hobby vs Business (06:43) “If It Were a Job, I Wouldn’t Enjoy It As Much” (11:10) “It’s Not Gonna Be an Overnight Success” (16:45) Adding Extra Streams of Revenue (20:54) The Importance of Having a Mentor or Accountability Group (24:33) About Shannon’s Upcoming Book (30:20) What Shannon Would Do Differently in Business (33:30) Overcoming Potential Identity Crises When Entering Your Second Act (35:34) Getting Clear On Your “Why” (40:00) Takeaways (42:07) Resources: If you like what you’ve been hearing, we invite you to subscribe on your favorite platform and leave us a review. Tell us what you love about this episode! Or better yet, tell us what you want to hear more of in the future. [email protected] You can find the transcript and more information about this episode at . Follow Stephanie on , , and . Follow Kevin on , , and . /episode/index/show/takebackretirement/id/36772825

112: Navigating Family Wealth Transfers: Emotional Intelligence and Effective Communication with Jill and Sean Maher 05/15/2025

112: Navigating Family Wealth Transfers: Emotional Intelligence and Effective Communication with Jill and Sean Maher “We’re talking about giving space to practice. Not only practice the relationships but also practice managing money.” -Sean Maher Most people plan their estate down to the last dollar, but forget to prepare for the emotional fallout that almost always comes from a lack of proper communication between family members. Our hosts, Stephanie McCullough and Kevin Gaines, sit down with husband and wife team Sean and Jill Maher to talk about their book The Greatest Gift: 9 Principles for the Transfer of Your Legacy Along with Your Wealth, which journeys into the emotional side of passing down wealth and family legacy. The idea for the book came after Sean, a financial advisor, saw a well-planned inheritance fall apart when a family started fighting after their parents passed. He brought the issue home to Jill, a mental health counselor, who pointed out that what he was really seeing wasn’t a planning problem—it was grief. Together, they’ve come up with nine key principles that help families avoid drama and stay connected regarding inheritance. The big takeaway? It’s not just about the money. No matter how much (or little) you're passing on, what matters most is communication, shared values, and emotional safety. Jill and Sean suggest families start having small, low-pressure meetings early, while everyone’s still around to talk things through. It’s about creating space for honest conversations, building trust, and setting expectations. Their advice blends practical planning with emotional wisdom, encouraging people to treat legacy as a relationship, not just a transaction. At the heart of it all, their message is simple: don’t avoid the tough conversations—have them, and carry them out with love. Key Topics: Why Sean and Jill Wrote The Greatest Gift (03:52) “You’re Passing on Not Just Money, But Also Legacy” (05:23) How to Set Up and Facilitate the Inheritance Conversation with a Family (09:59) Setting Expectations Upfront to Nip Objections in the Bud (20:55) Why Sharing Your Story is So Critical (27:54) Nurturing Independence (33:26) Creating a Safe Environment for Your Children (43:23) Resources: USE COUPON CODE: takebackretirement for $5 off and free shipping! If you like what you’ve been hearing, we invite you to subscribe on your favorite platform and leave us a review. Tell us what you love about this episode! Or better yet, tell us what you want to hear more of in the future. [email protected] You can find the transcript and more information about this episode at . Follow Stephanie on , , and . Follow Kevin on , , and . /episode/index/show/takebackretirement/id/36552815

111: From My Way to Our Way: Financial Planning for Blended Families with Donna Kendrick 04/30/2025

111: From My Way to Our Way: Financial Planning for Blended Families with Donna Kendrick "In a blended family, fairness and mutual understanding are key, especially when navigating the complexities of prenuptial and postnuptial agreements.” -Donna Kendrick Navigating love after loss or divorce comes with a host of emotional and financial complexities, especially when blending families. Our hosts, Stephanie McCullough and Kevin Gaines, speak with Donna Kendrick, a financial planner who has lived through these transitions herself. After losing her husband unexpectedly, Donna rebuilt her life and career with a mission to help families in flux—widows, divorcées, and newly blended households. She shares how combining lives means combining financial baggage too, from income disparities and home equity dilemmas to prenups, life insurance, and estate planning. Donna’s candid story highlights the power of transparency and empathy in financial conversations, especially when trust has been tested. Her advice? Begin with individual clarity—define your needs, wants, and non-negotiables—then collaborate with your partner. Donna emphasizes the importance of communication, fairness, and ongoing adjustment as life evolves. Her blend of financial savvy and emotional wisdom offers a powerful reminder: managing money in remarriage is less about spreadsheets and more about mutual understanding. Key Topics: Donna Kendrick’s Story (00:00) Reprioritizing Your Beneficiaries in a Blended Family (12:30) Why Donna Decided to Remarry (16:01) Letting Your Kids Know About Their Future Financial Realities (21:16) Factors When Considering Remarriage (27:28) What Donna Did Wrong During the Process (and What She Did Right) (32:18) Key Takeaways (37:31) Resources: : Remarriage & Money: Janice Guinn Joins the Conversation on Love, Legalities, and Life Planning If you like what you’ve been hearing, we invite you to subscribe on your favorite platform and leave us a review. Tell us what you love about this episode! Or better yet, tell us what you want to hear more of in the future. [email protected] You can find the transcript and more information about this episode at . Follow Stephanie on , , and . Follow Kevin on , , and . /episode/index/show/takebackretirement/id/36366230

110: Navigating the Complexities of Aging: Proactive Planning for Seniors and Families with Jill and Steve Marshall 04/15/2025

110: Navigating the Complexities of Aging: Proactive Planning for Seniors and Families with Jill and Steve Marshall Our hosts Stephanie McCullough and Kevin Gaines sit down with Steve and Jill Marshall of Silver Path Consulting to discuss all things future care, from housing, to finance, to family support. Jill and Steve lament the current lack of societal preparedness for a growing senior population, often referred to as a “silver tsunami” that’s growing bigger each year. They stress the importance of starting early discussions about aging within families, the benefits and drawbacks of different living arrangements, and an effective way to handle comprehensive information and resource management between the adult children of aging parents. The Marshalls also discuss essential legal documents like wills, durable power of attorney, and healthcare power of attorney. Drawing from the recent tragic situation around the passing of Gene Hackman and his wife, they also discuss some technological solutions that adult children can use to facilitate elder care and the value of expert consultation to provide neutral, third-party advice that can ease family tensions. Key Topics: Preparing for the Silver Tsunami (04:47) How to Talk About Future Living Arrangements with Your Aging Parents (10:39) Discussing the Costs of Future Care (17:00) Role Modeling to Your Children the Right Way to Prepare for Future Care (23:07) What Most People Overlook (28:06) Ensuring Everyone in the Family Has a Role (32:30) The Gene Hackman Case (38:53) Steps You Can Take Today to Secure Your Aging Parents’ Future (45:12) Resources: : Taking Charge: Carol Marak’s Strategy for Solo Aging and Retirement Planning : Combatting Fraud and Protecting Your Financial Future with AARP’s Kathy Stokes If you like what you’ve been hearing, we invite you to subscribe on your favorite platform and leave us a review. Tell us what you love about this episode! Or better yet, tell us what you want to hear more of in the future. [email protected] You can find the transcript and more information about this episode at . Follow Stephanie on , , and . Follow Kevin on , , and . /episode/index/show/takebackretirement/id/36184265

109: Remarriage & Money: Janice Guinn Joins the Conversation on Love, Legalities, and Life Planning 03/31/2025

109: Remarriage & Money: Janice Guinn Joins the Conversation on Love, Legalities, and Life Planning Congratulations on your remarriage! How do you ensure that your finances are in order as you step into this next phase of your life? Our hosts Stephanie McCullough and Kevin Gaines explore the vital legal and financial considerations of remarriage, from beneficiary designations to tax implications, with guidance from fellow Financial Planner at Sofia Financial, Janice Guinn! There are legal considerations aplenty when deciding between cohabitation and remarriage. Money talks can often be the elephant in the room, but they're essential for maintaining harmony in marriage. A partner's reluctance to engage in these conversations could be a red flag. Financial transparency is key to building a healthy and lasting partnership. Our hosts also get into the nitty-gritty on taxes and retirement plans, trusts and long-term care, as well as pre and post-nuptial agreements! Key Topics: The Most Important Step: Discussing Your Goals and Expectations (03:53) Financial Obligations to Children and Parents When Remarrying (08:26) Joint or Separate Bank Accounts? (13:42) Long-Term Care as You Age (20:08) Estate Planning and Pre/Post-Nuptial Agreements (23:21) How Remarriage Impacts Your Taxes (31:37) “If You Are Under 60, Think Twice About Getting Remarried.” (34:18) Retirement Plans and Beneficiaries (38:04) To Marry or Cohabit? (40:31) What About Trusts? (42:42) Resources: : Transform Your Relationship with Money: Lessons from Bari Tessler : The Psychology of Money and Marriage with Special Guest Ed Coambs : What the Heck is a Trust, and Why Might I Need One? If you like what you’ve been hearing, we invite you to subscribe on your favorite platform and leave us a review. Tell us what you love about this episode! Or better yet, tell us what you want to hear more of in the future. [email protected] You can find the transcript and more information about this episode at . Follow Stephanie on , , and . Follow Kevin on , , and . /episode/index/show/takebackretirement/id/36001405

108: Retire on Your Own Terms – Or Don’t! (rerun) 03/14/2025

107: Exploring the Psychology of Retirement with Dr. Meir Statman 02/28/2025

107: Exploring the Psychology of Retirement with Dr. Meir Statman “It's nice to get millions when you're 65, but wouldn't it be better if you gave [your children], say, 10s of 1000s when they are in their 20s and 30s?” -Meir Statman Our hosts, Stephanie McCullough and Kevin Gaines, are joined by world-renowned behavioral finance expert Dr. Meir Statman to explore the intricate dance between human behavior and financial decision-making! Dr. Statman is a pioneer in the world of behavioral finance, currently serving as a professor and researcher at Santa Clara University. He attempts to understand how people make financial choices and how those choices are reflected in financial markets. Listen in as Dr. Statman unpacks the cognitive and emotional shortcuts we often take when making financial decisions, and challenges the traditional economic views that advocate for purely rational financial choices. He also introduces his latest book, "A Wealth of Wellbeing," which offers a human-centered approach to finance, and shares his personal journey from traditional to behavioral research–complete with anecdotes that bring his theories to life! “Spend money, don’t waste it.” Dr. Statman explores the link between our money mindset and wellbeing, drawing insights from sociology, psychology, and economics. He explains how we can align our aspirations with present realities, encouraging thoughtful sacrifices today for financial independence tomorrow. From pursuing your vocation, to engaging in meaningful philanthropy, to striking that elusive balance between saving and spending, Dr. Statman traces the path to a life well lived–not just in the quantity of years, but in their quality! Key Topics: Why Dr. Statman Wrote His New Book (00:00) Dividends Versus Capital Appreciation (07:09) The Connection Between Finance and Wellbeing (20:00) The Problem with Oversaving (29:31) How Much Self-Control Is Too Much? (38:48) “How About Our Four-Legged Friends?” (41:03) Addressing the Fear of Your Kids Dying Before You (48:51) How Society’s Attitude Towards Money Has Changed Over the Decades (56:27) Resources: If you like what you’ve been hearing, we invite you to subscribe on your favorite platform and leave us a review. Tell us what you love about this episode! Or better yet, tell us what you want to hear more of in the future. [email protected] You can find the transcript and more information about this episode at . Follow Stephanie on , , and . Follow Kevin on , , and . /episode/index/show/takebackretirement/id/35534475

106: What Women Need to Know About Bitcoin with Marianne Borneman 02/15/2025

106: What Women Need to Know About Bitcoin with Marianne Borneman Picture a world where your money isn't controlled by any government, but rather exists in the form of digital code. That's the idea behind Bitcoin and cryptocurrency, where freedom meets cryptography, and transactions are recorded transparently on a blockchain. But we get it–to those looking to add cryptocurrency to their portfolio, the subject of decentralized finance can be pretty intimidating. Our hosts, Stephanie McCullough and Kevin Gaines break it down with special guest Marianne Borneman, founder of Access Tax Solutions, the home of Real Clear Tax Advice. They look into how Bitcoin differs from traditional money, dissecting its digital nature and the security measures you need to protect your assets. From choosing reputable digital wallets to setting up complex passwords, they guide us through safeguarding your investments in this new financial frontier. Understanding the tax implications of your Bitcoin transactions is essential to avoid unwanted surprises. Our hosts and Marianne share practical scenarios illustrating the importance of documenting every purchase and sale, and how using Bitcoin as a gift or payment can impact your tax obligations. Whether you hold physical assets or prefer investing through ETFs, they explain how these choices affect your tax strategy and what to watch out for in terms of legal and security challenges. Ever wondered what it takes to mine Bitcoin or why it's often compared to gold? They dive into all that, including where it actually derives value from. They explore the concept of scarcity and how collective belief underpins currency value, drawing parallels between Bitcoin and precious metals like gold. In wrapping, they discuss the most common frauds and scams to watch out for as you navigate the world of crypto! Key Topics: “What the Heck is Bitcoin?” (03:55) How Safe is Crypto? (10:05) How to Use Cryptocurrency (11:25) Crypto and Taxes (17:52) Owning Physical Assets Versus ETFs (29:32) Common Crypto Scams (33:07) Bitcoin Mining (45:49) When Does a Crypto Transaction Qualify as a Taxable Event? (52:09) Where Does Bitcoin Derive Value From? (55:46) Resources: : Combatting Fraud and Protecting Your Financial Future with AARP’s Kathy Stokes If you like what you’ve been hearing, we invite you to subscribe on your favorite platform and leave us a review. Tell us what you love about this episode! Or better yet, tell us what you want to hear more of in the future. [email protected] You can find the transcript and more information about this episode at . Follow Stephanie on , , and . Follow Kevin on , , and . /episode/index/show/takebackretirement/id/35367585

105: Why Money Conversations are Crucial and How to Have Them, with Kathleen Burns Kingsbury 01/15/2025

105: Why Money Conversations are Crucial and How to Have Them, with Kathleen Burns Kingsbury “It really does cost us in terms of our ability to learn about money, embrace failure, the mistakes that we made and we learn from them, to actually get closer to the people in our lives, whether that is our adult children, whether that's a partner, whether that's a friend. So there's a lot of ways in which money silence kind of keeps us locked up in a way that I don't think is useful.” - Kathleen Burns Kingsbury Our hosts Stephanie McCullough and Kevin Gaines invite Kathleen Burns Kingsbury back to the show. She brings her invaluable expertise as a money mindset coach to discuss societal pressures women typically face regarding finances. With the re-release of her book "Breaking Money Silence," Kathleen offers fresh insights, focused on empowering women to break their silence around money discussions both in the home and the workplace. Kathleen kicks things off by exploring the psychological obstacles to financial empowerment. Roadblocks like guilt, fear of being seen as greedy, and imposter syndrome frequently obstruct the path to confidence for many women–and men. She reminds us that it's important to surround yourself with mentors and peers who respect individual needs and foster an environment free of money shame. It all begins with open and authentic conversations. Kathleen teaches that it’s important to build your own "financial dream team" that prioritizes relationships over sales. She unpacks the art of leveraging each partner’s strengths, in addition to open communication, in order to minimize money arguments and bring couples closer to their financial dreams! Key Topics: Why Kathleen is Re-Releasing “Breaking Money Silence” (04:05) “What is My Relationship with Money?” (7:03) How Do Your Financial Beliefs Serve or Sabotage You? (14:40) The Human Side of Finance (18:49) Building Financial Knowledge (26:01) Managing Money as a Couple (29:10) What About Single Women? (36:02) Resources: Learn more about Kathleen Burns Kingsbury and her services at If you like what you’ve been hearing, we invite you to subscribe on your favorite platform and leave us a review. Tell us what you love about this episode! Or better yet, tell us what you want to hear more of in the future. [email protected] You can find the transcript and more information about this episode at . Follow Stephanie on , , and . Follow Kevin on , , and . /episode/index/show/takebackretirement/id/34918900

104: How to Invest When the World Feels Dangerous 12/16/2024

104: How to Invest When the World Feels Dangerous Volatility and recession and crashes! Oh, my! Today, our hosts Stephanie McCullough and Kevin Gaines give their best strategies for successful investing when the world’s feeling dangerous. They kick things off with some pointers on riding out market ups and downs. It all comes down to sticking to a long-term investment plan, no matter what’s happening around you. Remember the 2008 financial crisis? Stephanie and Kevin talk about how markets always bounce back and why it’s best not to fret over the dramatic headlines. They also discuss ways to manage your wealth during short-term crises. It’s important to keep a nice stash of cash for those “just in case” moments, such as being between jobs or moving to a new city. Knowing your expenses inside and out is a big confidence booster, making you feel more in control when life throws those curveballs. Stephanie and Kevin also detail the importance of having open money talks with your family. Talking through retirement savings and possible inheritances with your loved ones can keep future surprises at bay. Our hosts wrap up by breaking down the difference between market sentiments vis à vis economic realities, hammering home the all-important lesson that investing is a marathon, not a sprint! Key Topics: A Note on Scary Headlines (00:00) The Market as a “Discounting Mechanism” (07:11) Knowing When to Cash Out and When to Reenter the Market (14:28) “How Bad Do You Really Think It’s Going to Get?” (19:19) Preparing for Short-Term Emergencies (22:09) Having Money Conversations with Your Loved Ones (29:45) Resources: : What is Money Insurance? : Transform Your Relationship with Money: Lessons from Bari Tessler If you like what you’ve been hearing, we invite you to subscribe on your favorite platform and leave us a review. Tell us what you love about this episode! Or better yet, tell us what you want to hear more of in the future. [email protected] You can find the transcript and more information about this episode at . Follow Stephanie on , , and . Follow Kevin on , , and . /episode/index/show/takebackretirement/id/34535595

103: Essential Internal Money Healing with Meghan Dwyer 11/30/2024

103: Essential Internal Money Healing with Meghan Dwyer Our hosts Stephanie McCullough and Kevin Gaines discuss the emotional side of money management with Meghan Dwyer, a Certified Financial Planner and the host of the "Money Isn't Scary" Podcast. Meghan's vision-mission is all about challenging societal norms and empowering women to take charge of their finances with confidence. She helps us uncover the hidden emotional influences that shape our financial decisions and shares her insights on moving from a mindset of fear to one of abundance. “How we earn our money is emotional,” says Meghan. “How we spend our money is emotional. How and why we save our money is emotional.” Our hosts and Meghan explore how our feelings around money are often inherited from past generations. Meghan emphasizes the importance of gaining clarity around, and processing, these emotional roots to make more informed money choices. She discusses the societal pressures of consumerism and the lack of financial education that can leave many feeling anxious or ashamed about their financial literacy. “Your relationship with money is parallel with your relationship with yourself.” Self-reflection helps us in aligning our financial decisions with personal values. Through practical exercises, Meghan teaches us how to identify our core values—whether it's family, adventure, or otherwise—and ensure our spending aligns with what truly matters to us. Meghan also stresses the importance of self-compassion, especially when our financial choices don't perfectly align with our values. She encourages us to embrace emotional triggers as tools for growth and to focus on what money can achieve in terms of our values, rather than just its numeric worth. Key Topics: What Stands in Our Way When It Comes to Financial Wellness? (3:34) “Money is Emotional!” (12:12) Minimizing Overwhelm When Beginning Your Money Healing Journey (19:16) The Importance of Knowing Your Values (24:39) Rewriting Our Money Stories and Beliefs (32:21) Avoiding the Comparison Trap (40:20) Stephanie and Kevin’s Key Takeaways (43:00) Resources: If you like what you’ve been hearing, we invite you to subscribe on your favorite platform and leave us a review. Tell us what you love about this episode! Or better yet, tell us what you want to hear more of in the future. [email protected] You can find the transcript and more information about this episode at . Follow Stephanie on , , and . Follow Kevin on , , and . /episode/index/show/takebackretirement/id/34278735

102: What Women Need to Know about Avoiding IRA Nightmare Stories with Denise Appleby 11/15/2024

102: What Women Need to Know about Avoiding IRA Nightmare Stories with Denise Appleby “Prevention is better than cure. Don't feel overwhelmed by all this. Would you remove your own kidney? You would go to a professional to get it done.” -Denise Appleby Renowned IRA and retirement plans expert Denise Appleby joins our hosts Stephanie McCullough and Kevin Gaines for a crucial conversation on managing your retirement accounts effectively, especially as 2024 comes to a close. Having trained thousands of financial, tax, and legal professionals, Denise shares her invaluable insights on year-end retirement planning strategies, covering the complexities of Required Minimum Distributions (RMDs) and the potential pitfalls of rollovers. They talk about the challenges family members face when inheriting IRAs and handling 401(k) withdrawals, including those aged 73 and older. In addition to RMDs, they also cover Roth conversions and Qualified Charitable Distributions (QCDs), giving you much-needed clarity on suitability assessments and precise reporting needs. Denise explains the differences between transfers and rollovers, providing real-life examples of costly mistakes and IRS penalties that typically come from common misunderstandings. By sharing these cautionary tales, Denise demonstrates the importance of consulting knowledgeable financial advisors to guide you through these often-daunting processes, ensuring your retirement plan remains on track! Key Topics: How to Manage Your Retirement Accounts Before the Year Ends (3:28) Navigating IRS Publications and Regulations (10:08) What’s Eligible for a Rollover? (22:24) Understanding Beneficiary IRAs and R&D (26:56) Direct Versus Indirect Roth Conversions (37:52) A Primer on Qualified Charitable Distributions (44:08) Stephanie and Kevin’s Key Takeaways (52:26) Resources: : What Women Need to Know About IRA’s, with Sarah Brenner : Women + Roth IRA’s – What Should You Be Aware Of? : Secure Act 2.0: New Retirement Account Rules, Same Old Message! : The Essential Rules to Know When You Inherit an IRA If you like what you’ve been hearing, we invite you to subscribe on your favorite platform and leave us a review. Tell us what you love about this episode! Or better yet, tell us what you want to hear more of in the future. [email protected] You can find the transcript and more information about this episode at . Follow Stephanie on , , and . Follow Kevin on , , and . /episode/index/show/takebackretirement/id/34072236

101: What Women Need to Know (and Do) About Estate Planning with Your Friend the Lawyer, Pam Starsia 10/30/2024

101: What Women Need to Know (and Do) About Estate Planning with Your Friend the Lawyer, Pam Starsia Our hosts Stephanie McCullough and Kevin Gaines sit down with Pam Starsia, who swapped her corporate lawyer gig for the world of estate planning, and now runs a firm alongside her husband. Once a pro in high-stakes mergers and acquisitions, Pam’s now all about creating personalized, relationship-focused estate plans. Listen in as she takes us through the sometimes-tricky and always-emotional landscape of family legacy planning. “If you have the resources to pay for help, do so. You deserve it.” Pam unpacks the Personal Family Lawyer model she follows, which emphasizes the human side of legal advice to meet a family’s evolving needs. Her insights help us balance the emotional and practical sides of family legacy planning, offering a new take on the whole process beyond just writing a will. When dealing with clients, Pam’s all-in on personal touch. Our hosts and Pam chat about the emotional twists that can pop up, like sibling dynamics and particularly sentimental items. She dishes out practical tips for navigating these situations, reducing conflicts, and making sure everyone in the family gets a say. They also explore some unique aspects of estate planning, like the question of your furry friends, and Pam gives us the lowdown on setting up options like pet trusts to ensure they’re cared for in the future. She reminds us that estate planning isn’t just a one-time deal—it’s an ongoing process that adapts to changing laws, relationships, and life situations. Key Topics: From Corporate Lawyer to Estate Planning Attorney (3:31) The Advantages of the Personal Family Lawyer Model (9:45) Staying Accountable as an Estate Planning Attorney (15:46) Being Thorough with Clients (25:28) The Challenge of Working with the “Sandwich Generation” (31:37) Dealing with Joint Trustees (34:30) Pet Trusts: Making Sure Your Fur Babies Aren’t Forgotten! (39:46) Why It Literally Pays to Plan with an Attorney (47:44) Stephanie and Kevin’s Key Takeaways (50:10) Resources: If you like what you’ve been hearing, we invite you to subscribe on your favorite platform and leave us a review. Tell us what you love about this episode! Or better yet, tell us what you want to hear more of in the future. [email protected] You can find the transcript and more information about this episode at . Follow Stephanie on , , and . Follow Kevin on , , and . /episode/index/show/takebackretirement/id/33683742

100: What GenX Women Need to Know About Retirement 10/15/2024

100: What GenX Women Need to Know About Retirement “We’re nothing if not resourceful. That’s our generation’s superpower.” -Kevin In celebration of the 100th episode of Take Back Retirement, our hosts Stephanie and Kevin Gaines reflect on the defining characteristics of their very own generation–Gen X–and key lessons that women in this age bracket can put into practice today in preparing for retirement. From the seismic shift from pensions to 401(k) plans, to navigating the rollercoaster of financial events like the 1987 Black Monday and the dot-com bubble at the turn of the century, today’s conversation explores the pivotal moments that molded an entire generation's approach to financial planning. Our hosts shed light on the realities of midlife day-to-days in the 2020s, from dealing with the fallout of being the “Sandwich Generation” to considerations around financially supporting family members amid shaky times. At the same time, Stephanie and Kevin celebrate the unique brand of resourcefulness that defines GenX, emphasizing their quest to find “balance, flexibility, and self-determination.” Key Topics: The Defining Characteristics of GenXers (5:00) Why GenXers are More Cautious with Money (10:19) The “Sandwich Generation” (12:34) “How Do We Deal With All This Crap?” (18:06) Accepting That You Can’t Control Everything (22:23) Financially Supporting Family (32:10) Key Takeaways (32:36) Resources: What Women Need to Know About Social Security Getting the Most from Social Security: Smart Strategies for Women with Heather Schreiber Simplifying Medicare: What’s Important For You To Know with Susan Sloan What Women Need to Know About Caregiving and Elder Law with Cathy Sikorski If you like what you’ve been hearing, we invite you to subscribe on your favorite platform and leave us a review. Tell us what you love about this episode! Or better yet, tell us what you want to hear more of in the future. [email protected] You can find the transcript and more information about this episode at . Follow Stephanie on , , and . Follow Kevin on , , and . /episode/index/show/takebackretirement/id/33495832

99: The Challenges and Opportunities of Defining Your Identity in Retirement with Elizabeth Parsons 10/01/2024

99: The Challenges and Opportunities of Defining Your Identity in Retirement with Elizabeth Parsons “Suddenly you've got to create the content of your life, and that's a completely new enterprise for most people we work with, and it's scary until you can get your hands in the clay and feel confident about having a process.” -Elizabeth Parsons How do you deal with the massive shift that comes with stepping away from a high-powered career and into retirement? Our hosts Stephanie McCullough and Kevin Gaines chat with Elizabeth Zelinka Parsons, founder of Encoraco, who has dedicated her life to guiding high achievers through the emotional and psychological challenges of retirement. After leaving behind a prestigious legal career, Elizabeth was left feeling listless and incomplete. It was her relentless drive to rekindle that sense of purpose that led her to found a company that helps men and women just like her experience a “positive and empowered transition” into their post-career life. Listen in as Elizabeth teaches us how to overcome the loss of identity and structural void that often accompany retirement. She discusses the art of designing a Life Mosaic, ways to recognize what's missing from your day-to-day, the importance of grieving the end of a career, and why it’s time for all of us to redefine the traditional notion of retirement! Key Topics: Elizabeth’s Career and Post-Career Journey (3:35) Elizabeth’s Typical Client (09:16) Finding New Ways to Channel Your Professional Skills (19:00) Why it’s Important to “Grieve” The Loss Of Your Career (20:28) Existential versus Categorical Identity (28:02) Consider Navigating Retirement with a Buddy! (32:22) Metrics for Success (36:56) Key Takeaways (41:13) Resources: If you like what you’ve been hearing, we invite you to subscribe on your favorite platform and leave us a review. Tell us what you love about this episode! Or better yet, tell us what you want to hear more of in the future. [email protected] You can find the transcript and more information about this episode at . Follow Stephanie on , , and . Follow Kevin on , , and . /episode/index/show/takebackretirement/id/33282127

98: Conquering Internalized Ageism and Living Your Best Life after 65 with Ande Lyons 09/16/2024

98: Conquering Internalized Ageism and Living Your Best Life after 65 with Ande Lyons “Age is just another journey that we need to learn to love and embrace, and see as the gift it is!” Our hosts Stephanie McCullough and Kevin Gaines are joined by Ande Lyons, host of the Don't Be Caged by Your Age podcast. She’s redefining what it means to thrive after 65, and teaches us how to combat ageism at every level—whether it's institutional, societal, or internalized. Finding and maintaining confidence and a sense of purpose in retirement is seldom easy. Ande gives us tips to stay engaged in later life, as well as essential steps for financial and mental wellness, all in order to ensure a life in retirement that’s worth the journey. Our hosts and Ande also dive deep into the mindset shift that allows us to "age out loud.” Learn how platforms like Meetup.com can help build communities that bridge age gaps, and hear inspiring personal anecdotes about overcoming self-imposed limitations to pursue new passions after 65. As Ande says, by embracing and reframing how we see those golden years, we open ourselves up to the possibility of new beginnings, renewed health and vigor, and exciting adventures that we never would have dreamed of pursuing in pre-retirement! Key Topics: Internalized Ageism… What the Heck Does that Mean? (3:30) Overcoming Internalized Ageism (11:08) Managing your Energy Portfolio and “Aging Out Loud” (21:55) Finding Interest Groups with Meetup.com (27:37) “Ambition is Ageless!” (34:12) Key Takeaways (42:40) Resources: : Combatting Fraud and Protecting Your Financial Future with AARP’s Kathy Stokes If you like what you’ve been hearing, we invite you to subscribe on your favorite platform and leave us a review. Tell us what you love about this episode! Or better yet, tell us what you want to hear more of in the future. [email protected] You can find the transcript and more information about this episode at . Follow Stephanie on , , and . Follow Kevin on , , and . /episode/index/show/takebackretirement/id/33025287

97: Why Do We Avoid Retirement Planning? 08/30/2024

97: Why Do We Avoid Retirement Planning? “Most pre-retirees and retirees need and want help with the critical retirement decisions they face, but they’re not always certain where to find it.” Is your retirement plan only scratching the surface? Our hosts Stephanie McCullough and Kevin Gaines uncover the common pitfalls that have kept retirees unprepared for the realities of their post-work years. Drawing from the groundbreaking Stanford Center on Longevity study entitled Disconnected: Reality Versus Perception in Retirement Planning, Stephanie and Kevin talk about why it’s imperative to envision and plan for all aspects of retirement—beyond just your finances. Learn how to overcome the natural human instincts that cause us to overlook important retirement considerations, and how to find advice specific to your unique life circumstances. Our hosts also explain why retirement is a process rather than a destination, and how embracing flexibility can reduce financial stress and increase peace of mind. They explore how personal stories and periodic reminders can keep you on track, and why working with a real financial planner can provide invaluable holistic guidance. Key Topics: Envisioning Your Later Years (4:56) “Human Beings Are Bad at Money.” (11:02) Overcoming Our Self-Imposed Planning Barriers (12:57) Just Yank the Bandaid Off! (15:20) Implementation Costs (19:30) Finding Advice Specific to You and Minimizing Uncertainty About Your Future (21:30) Which Of These Sentences Makes You Most Inspired to do Retirement Planning? (24:25) Financial Advisor vs “Stock Jockey” (28:45) Planning for Contingencies (30:02) Resources: : Here’s a Secret: We’re Guessing, and That’s OK : Ready to Retire? Here are Five Crucial Questions to Ask Yourself If you like what you’ve been hearing, we invite you to subscribe on your favorite platform and leave us a review. Tell us what you love about this episode! Or better yet, tell us what you want to hear more of in the future. [email protected] You can find the transcript and more information about this episode at . Follow Stephanie on , , and . Follow Kevin on , , and . /episode/index/show/takebackretirement/id/32811057

96: Surviving Financial Infidelity with Jess Bost 08/15/2024

96: Surviving Financial Infidelity with Jess Bost "Financial infidelity is in the category of infidelity and the root of it is a hiding and a lying about the truth." Join our hosts Stephanie McCullough and Kevin Gaines as they chat with Jess Bost, CFP at Lake Avenue Financial. She’s spent over 15 years coaching people to get from where they are to where they want to be. It’s a passion that finds its roots in her inspiring journey to overcome her own financial struggles. For Jess, those struggles revolved around one of the toughest periods in her life: dealing with financial infidelity. Listen in as she opens up about the moment she discovered that her partner had been living a financial double-life–hiding mounting credit card debts, separate bank accounts, and loans that eventually led to their separation. Jess reflects on how the shock of that revelation compelled her to take ownership of her finances, leading her down a path into the world of financial services and, thankfully, eventual reconciliation with her partner. Through Jess’s experiences, you’ll learn why it’s so important to get clear about your strengths and weaknesses around financial management, as well as, if applicable, those of your partner. Jess is a staunch advocate for no-nonsense, transparent dialogue between spouses, especially early on in the relationship. By getting clear about each other’s money management roles in marriage, you’ll be able to nip financial infidelity in the bud! Key Topics: Jess’s Journey to Financial Services (3:56) Dealing with Her Partner’s Financial Infidelity (12:36) What Makes a Great Financial Advisor? (19:01) Defining Financial Infidelity (24:17) Figuring Out Your Own and Your Partner’s Ability to Manage Finances (35:20) Changing Mindsets and Beliefs Around Money through Financial Therapy (41:04) How to Deal with Financial Infidelity (44:07) Stephanie’s and Kevin’s Wrap-Up (49:26) Resources: : Transform Your Relationship with Money: Lessons from Bari Tessler If you like what you’ve been hearing, we invite you to subscribe on your favorite platform and leave us a review. Tell us what you love about this episode! Or better yet, tell us what you want to hear more of in the future. [email protected] You can find the transcript and more information about this episode at . Follow Stephanie on , , and . Follow Kevin on , , and . /episode/index/show/takebackretirement/id/32617302

95: Ready to Retire? Here are Five Crucial Questions to Ask Yourself 07/31/2024

95: Ready to Retire? Here are Five Crucial Questions to Ask Yourself “We believe that a simpler financial life, a less fraught financial life is one where you align your dollars with what's most important to you, with the life you want to lead, with your values.” - Stephanie Have you ever found yourself asking if the perfect moment to retire will ever come? Or whether you’ll even have enough to live on when that moment arrives? These are tough questions that countless people grapple with. Our hosts Stephanie McCullough and Kevin Gaines talk ‘purposeful retirement’ and how you can set goals and navigate your post-work life with flexibility and a foolproof strategy! They introduce five essential questions to help align your financial resources with your desired retirement lifestyle. By understanding why you are retiring, what you want to do, who you are retiring for, where you want to spend your later years, and how things can change going forward, you forge a path that is both fulfilling and financially stable! Stephanie and Kevin show how meaningful planning can prevent the pitfalls of an aimless life in retirement. They introduce the concept of "time bucketing," which helps in making the most of your newly available hours. You’ll also learn how to navigate common obstacles around our limited medical infrastructure and how to find the perfect retirement community. Find out how to pivot with grace and realign your priorities when you’re (inevitably) faced with changes along your retirement journey! Key Topics: Why are you retiring? (4:47) What do you want to do? (11:10) Who are you doing this for? (13:45) Where do you want to do this? (19:07) How can things change? (24:09) Overcoming reluctance to spend your savings (31:18) Resources: : Taking Charge: Carol Marak's Strategy for Solo Aging and Retirement Planning If you like what you’ve been hearing, we invite you to subscribe on your favorite platform and leave us a review. Tell us what you love about this episode! Or better yet, tell us what you want to hear more of in the future. [email protected] You can find the transcript and more information about this episode at . Follow Stephanie on , , and . Follow Kevin on , , and . /episode/index/show/takebackretirement/id/32368277

94: Practicing for Retirement: Balancing Creative Pursuits and Financial Planning with Mary Jo Hoffman 07/15/2024

94: Practicing for Retirement: Balancing Creative Pursuits and Financial Planning with Mary Jo Hoffman “Think about practicing for retirement long before you get there.” -Mary Jo Hoffman Our hosts Stephanie McCullough and Kevin Gaines sit down with aeronautical engineer-turned-artist Mary Jo Hoffman. Renowned for her captivating photography project, Still, Mary Jo shares her extraordinary journey from a 17-year career as a scientist into becoming a renowned essayist and found nature photographer! Discover the pivotal moment when Mary Jo and her husband decided to switch roles in their professional lives, allowing her to fully embrace her creative passions. She talks about her spur-of-the-moment family move to France, which offered a cultural immersion for their children and a glimpse into what retirement could look like for her. Balancing family life with a burgeoning creative career is no small feat. Mary Jo explains how she was able to integrate her newfound passion into her daily routine, and her secrets to staying productive as a creative while also being a stay-at-home parent. They also delve into the practicalities of sustaining a creative career without compromising financial stability. Learn how living below your means can create the space needed for artistic endeavors. Stephanie, Kevin, and Mary Jo touch on the importance of exploring various interests in preparation for retirement. According to Mary Jo, adaptability and thoughtful planning are non-negotiables on the road to a rewarding post-career life! Key Topics: Practicing Retirement (0:03:38) Diving Headfirst into the Arts in Retirement (0:14:56) Being a Creative and Raising Kids (0:19:25) “Start Now and Start Soon!” (0:25:27) Monetizing Her Art and Writing Her First Book (0:31:24) “Taking a Picture a Day” (0:44:28) Why Mary Jo Had to Retire Before Becoming a Found Nature Photographer (0:48:27) What Most Retirees Love to Do (0:53:29) Our Closing Thoughts (0:56:58) Resources: : Cultivating Creative Connections for Lifelong Wellness with Claire Waite Brown : She Did It! Real Retirement Stories with Lori Osterberg If you like what you’ve been hearing, we invite you to subscribe on your favorite platform and leave us a review. Tell us what you love about this episode! Or better yet, tell us what you want to hear more of in the future. [email protected] You can find the transcript and more information about this episode at . Follow Stephanie on , , and . Follow Kevin on , , and . /episode/index/show/takebackretirement/id/32190062

93: She Did It! Real Retirement Stories with Sharon Johnson 07/01/2024

93: She Did It! Real Retirement Stories with Sharon Johnson “It wasn't nearly as traumatic for me as I was expecting it to be. I was a little concerned about how I would transition from having to get up and having that routine to creating a new one.” - Sharon Welcome to another edition of Real Retirement Stories - a series of Take Back Retirement. Our hosts Stephanie McCullough and Kevin Gaines chat with Sharon Johnson. After an illustrious 22-year career as an executive assistant at ABC Television, Sharon didn't slow down—instead, she switched gears and found a new calling co-hosting the 80s TV Ladies Podcast. Join in to hear her incredible journey from the bustling world of television execs to the equally dynamic realm of podcasting, where she revisits iconic 80s TV shows with a modern feminist perspective. Sharon’s story is a testament to the transformative power of embracing change and finding joy in unexpected places. Sharon originally envisioned her retirement as a time for travel and catching up on missed TV series, but life had other plans. Through her podcast, she rekindled her love for classic 80s shows like "A Different World," gaining fresh insights into the progressive roles women played both in front and behind the camera. Sharon also shares her serendipitous entry into the television industry in the mid-90s, working for an independent production company, and how those experiences shaped her understanding of TV production and storytelling. Whether you’re intrigued by the behind-the-scenes workings of TV production or the fresh perspectives that come with retirement, Sharon’s story is a celebration of staying active, engaged, and ever-curious. Don’t miss this inspiring episode filled with nostalgia, wisdom, and the boundless opportunities that come with retirement. Key Topics: Sharon’s Original Plan for Retirement (04:07) 80s TV Shows and their Portrayal of Women (06:29) TV Industry Changes and Experiences of Women Behind the Camera (11:35) Retirement Concerns and Health Insurance Planning (17:27) Retirement and Transition from Office to Remote Work During COVID-19 (22:01) Analyzing Programs such as Grey’s Anatomy and Remington Steele (25:56) Retirement Planning, Identity, and Transition (37:37) Stephanie and Kevin’s Wrap-Up (43:13) Resources: If you like what you’ve been hearing, we invite you to subscribe on your favorite platform and leave us a review. Tell us what you love about this episode! Or better yet, tell us what you want to hear more of in the future. [email protected] You can find the transcript and more information about this episode at . Follow Stephanie on , , and . Follow Kevin on , , and . /episode/index/show/takebackretirement/id/31951767

92: What Women Need to Know about Inflation: What It Is, and Why You Should Care -- But Not Panic! 06/19/2024

92: What Women Need to Know about Inflation: What It Is, and Why You Should Care -- But Not Panic! “Each dollar today buys less than the same dollar did 10 years ago. Which is why a lot of financial advisors are so focused on helping clients grow their money over time. It's not to become wealthy and die with the most money, it's because the cost of living goes up over time.” - Stephanie Our hosts Stephanie McCullough and Kevin Gaines demystify the often-frustrating world of inflation and its daily impact on our wallets. They dive into how rising prices sneakily erode your purchasing power and why this is a crucial consideration for your financial plans, especially when eyeing retirement. Stephanie and Kevin shed light on how personal spending patterns can differ from the inflation rates reported in the news, making it essential to tailor your investment strategies to your unique lifestyle. They also explore the intricate dance between inflation and interest rates, breaking down how the Federal Reserve's moves can affect everything from your savings account to your mortgage rates. As they transition to retirement planning, Stephanie and Kevin bust the myth that retirees should play it ultra-safe with their investments. Learn why incorporating growth assets like stocks is critical to outpacing inflation and ensuring long-term financial security. Plus, discover the benefits of flexible spending and part-time income to make your retirement savings last longer. Don’t miss this insightful episode packed with practical advice for safeguarding your financial future. Key Topics: Inflation, its Definition, and its Impact on Personal Finance (02:19) How Inflation is Measured and its Impact on the Economy (03:45) How Inflation Impacts Retirement Planning + Mapping Financial Projections (11:34) Inflation, Retirement Savings, and Investments (22:33) Retirement Planning and Accounting for Inflation (29:59) Resources: What Women Need to Know About Social Security Getting the Most from Social Security: Smart Strategies for Women with Heather Schreiber What Women Need to Know About Annuities Here’s a Secret: We’re Guessing, and That’s OK If you like what you’ve been hearing, we invite you to subscribe on your favorite platform and leave us a review. Tell us what you love about this episode! Or better yet, tell us what you want to hear more of in the future. [email protected] You can find the transcript and more information about this episode at . Follow Stephanie on , , and . Follow Kevin on , , and . /episode/index/show/takebackretirement/id/31794747

91: Securing Your Retirement: Key Insights and Strategies 05/30/2024

91: Securing Your Retirement: Key Insights and Strategies “If the average life expectancy for a woman is around 86, 87, fully 50% of women live longer than that. So, you can't plan just to age 87.” Can a simple quiz change the way you think about retirement? Our hosts Stephanie McCullough and Kevin Gaines uncover the hidden gems (and not-so-shiny stones) within retirement planning quizzes and surveys, especially a revealing retirement income literacy quiz from the American College of Financial Services. Our hosts dismantle common myths, like the idea that Medicaid will seamlessly cover long-term care costs, and arm you with the knowledge to navigate these complex waters. Have you ever considered how rising long-term care costs and inflation might impact your golden years? This discussion, inspired by findings from the National Institute for Retirement Security, paints a vivid picture of these pressing issues. From Medicare and Social Security to life insurance, 401k plans, and annuities, Stephanie and Kevin dissect the tools at your disposal. By highlighting the importance of basic investing principles and the balance of risks, they aim to help you safeguard your savings against inflation and elongate your nest egg for a potentially longer retirement. In a climate where up to 80% of women sense a looming retirement crisis, how can you alleviate your retirement anxiety? Our hosts explore the shift from employer-provided pension plans to self-funded retirements, and why Social Security remains a lifeline for many. Rising living, healthcare, and long-term care costs are at the forefront of concerns, making financial planning more crucial than ever. Key Topics: Why Did Stephanie and Kevin Take a Retirement Income “Literacy” Quiz? (02:11) Long-term Care, Medicare vs Medicaid, and More (04:10) What Women Think about Retirement (07:49) Life Expectancy Beyond 65 and its Impact on Retirement Finances (14:37) Looking Beyond Investments in Retirement Planning (19:08) Women's Outlook on Retirement (Crisis) (21:40) Longevity “Literacy” (27:32) Wrap-Up (32:26) Resources: Take Back Retirement Episodes: If you like what you’ve been hearing, we invite you to subscribe on your favorite platform and leave us a review. Tell us what you love about this episode! Or better yet, tell us what you want to hear more of in the future. [email protected] Find the transcript and more information about this episode at . Follow Stephanie: , , and . Follow Kevin: , , and . /episode/index/show/takebackretirement/id/31534132

90: Guiding Women to a Richer, More Fulfilling Retirement with Dan Haylett 05/16/2024

89: Navigating the Emotional and Practical Realms of Eldercare Management with Nancy May 05/01/2024

89: Navigating the Emotional and Practical Realms of Eldercare Management with Nancy May "Dad, you trusted me with everything. I'm trusting you with the truth.” -Nancy May Our hosts Stephanie McCullough and Kevin Gaines sit down with Nancy May, who drops some real truth bombs relating to eldercare and supporting aging parents and relatives. Nancy’s personal journey sheds light on the complexities and sacrifices involved in this critical role. This candid discussion unpacks the essentials, from establishing a durable power of attorney to assembling a dependable team of legal and financial advisors. When the care of loved ones falls into your hands, knowing how to navigate family dynamics and the challenges of coordinating care is crucial. This episode peels back the layers of emotion and responsibility that come with making critical decisions, whether it's choosing the right elder care facility or handling the financial burdens that come with it. The conversation turns to practical strategies for caregiver training, maintaining a cohesive care team, and ensuring the highest quality of life for our aging parents. Nancy's resources, such as her book "How to Survive 911 Medical Emergencies," and her podcast, Eldercare Success, provide listeners with actionable advice and the essential conversations to have now for a better-prepared future. Listen in for a deeper understanding of the eldercare landscape, and the tools to confidently step into the role of caregiver. Key Topics: Welcome, Eldercare Expert, Nancy May (02:33) Financial and Emotional Impacts on Caregivers of Aging Parents (04:04) Caregiving Responsibilities and Decision-making for Aging Parents (07:50) End-of-life and Estate Planning (13:21) Aging Care Facilities, What to Know (23:42) The Importance of Understanding Contracts and Quality of Care (28:45) Finding and Managing Trusted Caregivers for Elderly Parents (38:27) Stephanie and Kevin’s Wrap-up and Takeaways (49:42) Resources: If you like what you’ve been hearing, we invite you to subscribe on your favorite platform and leave us a review. Tell us what you love about this episode! Or better yet, tell us what you want to hear more of in the future. [email protected] You can find the transcript and more information about this episode at . Follow Stephanie on , , and . Follow Kevin on , , and . /episode/index/show/takebackretirement/id/31077688

88: Radical Self-Acceptance: A Path to Financial Wellness for Women with ADHD with Diann Wingert 04/15/2024

88: Radical Self-Acceptance: A Path to Financial Wellness for Women with ADHD with Diann Wingert “Every single thing in my life that has ever terrorized me and terrified me, and I avoided like nobody's business, when I finally either had no place else to run, or I chose to turn around and face it, it has never been as bad as I thought it would be. It has never been as shameful as continuing to avoid.” Our hosts Stephanie McCullough of Sofia Financial and Kevin Gaines of American Financial Management Group chat with Diann Wingert, a seasoned cognitive behavioral coach, about all things financial and mental well-being as a woman with ADHD. Ever wondered how ADHD plays out differently in women? This episode shatters misconceptions, revealing why so many women slip through the cracks of diagnosis. Our hosts and Diann dissect the subtypes of ADHD, emphasizing the often overlooked inattentive presentation common in women. Diann’s journey to diagnosis at 60 underscores the urgency for awareness and tailored support. They tackle the daily battles and the broader societal implications, like the struggle with impulse control that can drive compulsive shopping and the resulting financial and emotional toll. Finally, Stephanie, Kevin, and Diann wrap up with a powerful call to radical self-acceptance and the transformative effects of mindfulness in combating cognitive biases. Discover how embracing your unique ADHD traits can lead to more effective self-advocacy and stronger relationships. By adopting lifestyles that play to our strengths, women with ADHD can lead less stressful and more fulfilling lives. Tune in for a heart-to-heart that promises not only understanding but also actionable strategies for thriving with ADHD. Key Topics: Welcome, Diann Wingert (02:32) ADHD in Adults, and Differences in Presentation between Men and Women (04:26) ADHD Diagnosis and Management for Women and Implications of Different Subtypes (08:49) ADHD Challenges and Diann’s Experience with a 25-Year Gap in Diagnosis (13:54) The Challenges of Working from Home for Women with ADHD (18:43) ADHD, Impulsive Spending, and Other Financial Hurdles (22:45) Personal Finance, ADHD, and Mindfulness (27:11) Avoidance, Lack of Planning, and Other Financial Challenges (33:52) Overcoming Negative Self-Talk and Self-Doubt Through Mindfulness and Affirmations (39:01) Stephanie and Kevin’s Wrap-Up (52:46) Resources: If you like what you’ve been hearing, we invite you to subscribe on your favorite platform and leave us a review. Tell us what you love about this episode! Or better yet, tell us what you want to hear more of in the future. [email protected] You can find the transcript and more information about this episode at . Follow Stephanie on , , and . Follow Kevin on , , and . /episode/index/show/takebackretirement/id/30850928

87: Cultivating Creative Connections for Lifelong Wellness with Claire Waite Brown 03/31/2024

87: Cultivating Creative Connections for Lifelong Wellness with Claire Waite Brown “It's not a line that you are either academic or creative, or you are either scientific or creative, or you are either mathematical…They're not separate.” -Claire Waite Brown Ever felt like your creative spark got lost in the shuffle of life? Our hosts Stephanie McCullough of Sofia Financial and Kevin Gaines of American Financial Management Group sit down with Claire Waite Brown, the host of the Creativity Found Podcast and founder of CreativityFound.co.uk Claire helps us break down the barriers that have kept us from embracing our inner artist, whether it's the false notion that creativity equals advanced skill or the stifling labels of our youth. Claire's stories of individuals who've rekindled their creative pursuits later in life are nothing short of inspiring, serving as a beacon for all of us looking to weave creativity back into our lives. Our hosts and Claire dive into the world of creative hobbies, not just as pastimes, but as vital social and physical lifelines that enrich our existence and connect us to others. They explore the personal and practical obstacles that often hold us back from our creative endeavors, from limited resources to internal doubts. But here's the kicker: embracing creativity isn't just about picking up a paintbrush or a microphone; it's a journey of self-discovery and growth that's waiting for us to take the first step, at any stage of life. Key Topics: Welcome Claire Waite Brown! (02:35) Creativity, Self-Expression, and Labeling (03:10) The Benefits of Creative Hobbies for Adults (08:17) Creativity and Personal Growth (18:24) Creative Pursuits and the Challenges of Monetizing Them (23:48) Creative Journeys and Overcoming Challenges (28:38) Where to Re-Spark Your Creative Flame (33:01) Stephanie and Kevin’s Wrap-Up (38:40) Resources: If you like what you’ve been hearing, we invite you to subscribe on your favorite platform and leave us a review. Tell us what you love about this episode! Or better yet, tell us what you want to hear more of in the future. [email protected] You can find the transcript and more information about this episode at . Follow Stephanie on , , and . Follow Kevin on , , and . /episode/index/show/takebackretirement/id/30608878

86: The Success Number: Calculating What You Really Need to Earn with Ella Glasgow 03/15/2024

86: The Success Number: Calculating What You Really Need to Earn with Ella Glasgow “I first ask this question: What is the number to make you feel successful? You and no one else. It might be a scary number. There’s nothing wrong with fear.” -Ella Glasgow Ever felt the anxiety-inducing pressure of pinning a price tag on your brainchild? Our hosts Stephanie McCullough and Kevin Gaines break that down with guest Ella Glasgow, who's not only a virtual event maestro and vocalist but also a sage when it comes to the alchemy of pricing your services. Our hosts and Ella steer into the heart of the matter, unveiling the concept of a financial success number—a personalized number that varies wildly between individuals. The journey here is not just about the figures; it's a deep dive into the psyche, untangling the knotted threads of fear that often sway our financial direction. This episode guides you through the practical steps, almost like a financial recipe, to define, calculate, and strategize your way from your present financial landscape to your very own vision of success. The episode crescendos with an exploration into the intersection of self-assurance and the daunting task of pricing one's worth. Charging for services can often feel like a tightrope walk over a chasm of self-doubt. Yet, this chat reveals how to transform that trepidation into tenacity by pricing based on value and not the whispers of fear. With Ella's insights and personal stories of triumph, this episode isn't just a conversation—it's a confidence booster shot for entrepreneurs (current and potential!) ready to stand tall and claim their worth in the marketplace. Key Topics: Welcome, Ella Glasgow! (02:12) How Ella Arrived to this Work (05:00) Understanding Money and Business for Creatives (09:02) Success and Financial Goals through Personalized Equation (13:39) Budgeting and Financial Success (18:07) Personal Growth through Financial Literacy (22:10) Pricing Your Worth and Confidence in Business (27:48) Using AI Tools for Market Research and Understanding Audience Needs (38:25) Retirement Planning and Financial Goals (43:36) Stephanie and Kevin’s Takeaways (44:30) Resources: If you like what you’ve been hearing, we invite you to subscribe on your favorite platform and leave us a review. Tell us what you love about this episode! Or better yet, tell us what you want to hear more of in the future. [email protected] You can find the transcript and more information about this episode at . Follow Stephanie on , , and . Follow Kevin on , , and . /episode/index/show/takebackretirement/id/30384183

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