『Retirement Talk Podcast with Laura Stover』のカバーアート

Retirement Talk Podcast with Laura Stover

Retirement Talk Podcast with Laura Stover

著者： Redefining Wealth
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 Retirement talk - Redefining Wealth and Your Money with Laura Stover is a podcast that educates, entertains, and helps prepare our listeners for retirement. It's a show designed for those looking to maximize their financial efficiency and fulfill their lifestyle. It is also geared toward those needing to transition from accumulation to preservation and the necessary shift in how money is managed. Based on Laura's two decades of experience with financial coaching and consultation to hundreds of individuals across the US, this podcast could make a difference in your retirement income, cutting your taxes, or both! 個人ファイナンス 経済学
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  • Time Segmentation, a Smart Way to Invest Retirement Money

    Time Segmentation, a Smart Way to Invest Retirement Money
    2023/12/20

    Laura Stover, RFC® discusses the concept of time segmentation and its application in allocating retirement savings for a stable income during retirement. Time segmentation involves matching investments with the point in time when they will be needed to meet retirement income needs. This strategy provides clarity, comfort, and control over retirement income and helps mitigate the effects of market volatility.

    We cover the four buckets of money in a time segmented approach and emphasize the importance of purpose-based allocation. The benefits of time segmentation include flexibility, optionality, and reduced risk capacity.

    It's important to work with an income specialist to determine the best strategy for individual retirement goals. Key takeaways include the significance of purpose-based allocation, the four buckets of money in a time segmented approach, and the potential benefits of time segmentation in reducing the impact of market volatility and providing flexibility and optionality to long-term growth buckets.

    Time segmentation is a strategy to invest for retirement and emphasizes its role in aligning investments with the point in time when withdrawals are needed to meet retirement income needs.

    Rate, Review and Subscribe to the Podcast:

    https://podcasts.apple.com/us/podcast/retirement-talk-podcast-with-laura-stover/id571347188

    How to Connect:

    redefiningwealth.info

    lswealthmanagement.com

    Schedule a Review: https://redefiningwealth.info/schedule/

    Redefining Wealth® Custom Blueprint Income Plan: https://redefiningwealth.info/schedule/
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    29 分
  • This Four-Part Retirement Strategy Can Help Withstand Bad Timing

    This Four-Part Retirement Strategy Can Help Withstand Bad Timing
    2023/12/13

    Simple diversification used to be the go-to plan for a typical portfolio. A balanced plan of stocks, bonds, and cash would simply do the trick. But that type of diversification has been proven less effective in recent years with the abundance of market volatility. Today, Laura Stover, RFC® takes on financial guru Dave Ramsey's version of a Safe withdrawal rule.

    As we approach retirement, our priorities begin to shift. While we still want to grow our money and stay ahead of inflation, protecting what we've accumulated and generating income become top priorities. Traditional diversification, which involves a mix of stocks, bonds, and cash, has proven less effective in recent years due to increased market volatility. A major risk retirees face is having a big market pullback at the same time they're withdrawing their retirement paycheck. This can lead to a negative sequence of returns To mitigate this risk, it is essential to divide assets among different baskets or segments. By separating assets into different time frames and corresponding risk profiles, investors can balance the need for income today with the potential for growth in the future.

    It is important to stay informed about market trends and adapt your retirement strategy accordingly. Market volatility and economic conditions will continue to change, requiring investors to explore alternative diversification strategies and consider new factors when constructing their portfolios. By staying proactive and working with a trusted financial advisor, individuals can navigate the complexities of retirement planning and retire with confidence.

    Rate, Review and Subscribe to the Podcast:

    https://podcasts.apple.com/us/podcast/retirement-talk-podcast-with-laura-stover/id571347188

    How to Connect:

    redefiningwealth.info

    lswealthmanagement.com

    Schedule a Review: https://redefiningwealth.info/schedule/

    Redefining Wealth® Custom Blueprint Income Plan: https://redefiningwealth.info/schedule/
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    30 分
  • Navigating Investment Choice Overload: Tips To Become a Better Decision Maker

    Navigating Investment Choice Overload: Tips To Become a Better Decision Maker
    2023/12/06
    Today Laura Stover, RFC® explores the concept of choice overload and how it can affect your investment behavior and retirement planning. With so many options and information available to us, it's easy to feel overwhelmed and unsure of the best path to take. But today we will provide you with tips and insights to help you navigate through this sea of choices and make informed decisions that align with your goals and aspirations. Having more choices does not always translate to better decisions. In fact, research has shown that too many options can lead to decision paralysis or option paralysis. When faced with a multitude of choices, we tend to become indecisive and unsure of which path to take. This phenomenon has been observed in studies conducted by Stanford University, where researchers found that customers were more likely to make a purchase when presented with a limited selection of options compared to an extensive selection. Humans are simply not good at making decisions when they are overwhelmed with choices. As investors, we are bombarded with information and tools that promise to help us make the best financial decisions. However, this abundance of choices can complicate rather than simplify our decision-making process. It can lead to biases and traps that hinder us from making sound investment decisions. Let's explore some of these traps and how to avoid them. The first trap is inertia. When faced with too many choices, some investors choose to avoid making a decision altogether and do nothing. This can be detrimental to your financial well-being, as doing nothing is still a decision in itself. To overcome this trap, it's important to have a clear understanding of your goals and the purpose behind your investment decisions. By aligning your choices with your overall plan, you can overcome inertia and take action towards achieving your financial goals. The second trap is naive diversification. This occurs when investors spread their assets among all available investment options without considering their goals, asset allocation, or cost. Naive diversification can lead to a hodgepodge of investments that may not align with your risk profile or financial objectives. To avoid this trap, it's crucial to have a well-defined asset allocation strategy that separates your safe investments from your growth investments. This strategy should be based on your risk profile and long-term goals, rather than simply picking a little bit of everything. The third trap is opting for attention-grabbing investments. It's easy to get caught up in the latest buzz and choose investments based on what you recently saw on the news or heard from friends and family. However, this can lead to impulsive decisions and overspending on investments that may not be suitable for your unique situation. To avoid this trap, it's important to do your own research and seek advice from trusted sources. Look for content that is backed by reputable research and consider how the investment aligns with your overall plan and risk tolerance. To navigate through the jungle of choices and make the best financial decisions, it's important to start with a process. This process should involve unpacking the industry jargon and deciphering the content of the information presented to you. Look for trusted sources and limit the number of options available to you. Focus on a few top options that align with your goals and consider the full range of alternatives. By narrowing down your choices and understanding the purpose behind each investment, you can make informed decisions that are in line with your financial objectives. It's also important to have a strategy call with a financial advisor who can guide you through the decision-making process. A trusted advisor can help you unpack the information and provide you with a vetted selection of options that align with your goals and risk profile. They can also help you understand the implications and potential impact of each choice, ensuring that you are making decisions that are appropriate for your unique situation. In conclusion, choice overload can be overwhelming and lead to poor investment decisions. By starting with a process, understanding your goals, and seeking advice from trusted sources, you can navigate through the sea of choices and make informed decisions that align with your financial objectives. Remember to focus on the purpose behind each investment and consider the implications and potential impact on your overall plan. With the right guidance and a clear understanding of your goals, you can make the best financial decisions for a successful retirement. The future outlook for investors is promising, as technology continues to provide us with more tools and information to make informed decisions. However, it's important to stay grounded and focused on your goals. Don't get caught up in the hype or the latest buzz. Instead, rely on a well-defined process, trusted sources, and the ...
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    26 分
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