In this episode of Retirement Redefined, hosts Brad Gotto and Carly Carlson explore how personal experiences and upbringing shape financial decisions. They discuss the importance of understanding client mindsets in financial planning, the impact of geographical and age differences on financial perspectives, and the need for effective communication in financial relationships. The conversation emphasizes that financial decisions are not solely based on spreadsheets but are deeply influenced by emotions and personal experiences.

In this episode of Retirement Redefined, hosts Brad Gotto and Carly Carlson explore Chapter 16 of Morgan Housel's 'The Psychology of Money.' They discuss how personal experiences and upbringing shape financial decisions, emphasizing that financial choices are often influenced by emotions rather than pure logic. The conversation delves into the importance of understanding client mindsets in financial planning, the impact of geographical and age differences on financial perspectives, and the necessity of effective communication in financial relationships. The hosts encourage listeners to reflect on their own money stories and the experiences that have shaped their financial outlooks.

This week on Retirement Redefined, Brad Gatto and Carly Carlson discuss the concept of the Silver Tsunami, which refers to the wave of baby boomers retiring and the implications for small businesses. They explore the challenges of business transitions, the importance of preparation, and the various factors that affect business valuations. The conversation emphasizes the need for proper planning, understanding tax implications, and the significance of having the right advisors in place to navigate the sale process effectively.

Summary

In this episode of Retirement Redefined, Brad Gatto and Carly Carlson discuss the significant demographic shift known as Peak 65, where over 11,000 Americans turn 65 every day. They explore the emotional landscape of retirement, the importance of practicing retirement before fully transitioning, and the financial changes that come with this new phase of life. The conversation also highlights the evolving landscape of retirement planning, emphasizing the need for specialized distribution planning as traditional pensions decline. The episode concludes with a call to action for listeners to seek guidance in navigating their retirement journey.

In this episode of Retirement Redefined, Brad Gatto and Carly Carlson discuss the concept of early retirement, defining what it means to retire before the age of 65. They explore the importance of planning for early retirement, focusing on key considerations such as healthcare, social security benefits, and cash flow management. The conversation emphasizes the need for proactive financial planning and understanding the implications of retiring early, including the challenges and strategies to ensure a successful transition into retirement.

In this episode of Retirement Redefined, hosts Brad Gotto and Carly Carlson discuss key takeaways from the 2024 tax filing season. They emphasize the importance of ongoing tax planning, the role of storytelling in understanding tax situations, and the complexities of taxes in retirement. The conversation also covers the benefits of filing extensions, the impact of market volatility on tax strategies, and the necessity of proactive planning throughout the year.

In this episode of the Fiat Wealth Management podcast, host Brad Gotto welcomes back listeners after a hiatus and introduces the new co-host, Carly Carlson, CEO of Fiat Tax. They discuss the changes in the podcast, Carly's professional journey from CPA to business owner, and the importance of balancing family life with a demanding career. The episode concludes with a fun segment of rapid-fire questions to help listeners get to know Carly better, highlighting her love for reading and her perspective on life and business as they look forward to 2025

In this episode, Brad Gotto relaunches the podcast, and introduces the new name (you have to listen to find out). He shares insights on the importance of financial planning during retirement, using the mountain climbing analogy to illustrate the challenges of wealth distribution. The focus shifts from wealth accumulation to income generation and legacy planning, emphasizing the need for financial advisors to guide clients through the complexities of retirement.