Whenever we’re faced with a major life event, certain people will have an impact on us and the decisions we make. But when you work with a financial advisor who you’ve built a strong relationship with, they end up being there for all of these key events because of the financial impact they have. 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 some of what you’ll learn on th...
Nov 10, 2022•17 min•Ep. 58
We always talk about the money side of financial and retirement planning. But what about the mental aspect of that big life change? Today we’ll break down an article written by a Licensed Professional Counselor (Kate Schroeder) for Psychology Today, titled The Psychological Investment In Retirement . You might be surprised to find out that many financial advisors actually spend significant time on this side of the planning process, and we’ll take you through that on this show. Here’s some of wha...
Oct 20, 2022•17 min•Ep. 57
There are plenty of decisions that you’ll make in the retirement planning process that can’t be undone, so you want to make sure that you make the right call. On this episode, we’ll explain why these decisions are so important and can’t be undone. Here’s some of what you’ll learn on this episode: Why claiming Social Security at 62 isn’t always the right decision. (1:58) What’s important to know about spousal benefits on a pension. (4:50) Reasons for getting life insurance and why you should deci...
Oct 06, 2022•16 min•Ep. 56
People have many reasons for procrastinating when it comes to putting a retirement plan together. Let’s explore some of those excuses and why they can be dangerous, and talk about how to overcome them. Connect with us: https://rosewoodwealthmanagement.com/ 919-391-3446
Sep 15, 2022•16 min•Ep. 55
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. Connect with us: https://rosewoodwealthmanagement.com/ 919-391-3446...
Sep 01, 2022•18 min•Ep. 54
Tim Williams had a little sister, but for 60 years he never knew she existed.
Apr 20, 2021•23 min•Ep. 53
Gary & Nancy Williford hadn't been living in their new home for very long before the unthinkable happened. This is their story about losing their home to a fire, the aftermath and rebuilding process, and how they've been coping ever since.
Mar 03, 2021•21 min•Ep. 52
Jonie & Meme Neddo were a young, interracial couple in rural Tennessee at a time when interracial dating in rural Tennessee wasn't exactly encouraged. This is their story about how they parted ways in 1980 and found their way back to each other more than 25 years later.
Jan 06, 2021•38 min•Ep. 51
Kathy Pittman lost her husband to a brain tumor when her daughters were just 6 and 4. In this episode, she shares her story--dealing with her grief, trying to make ends meet financially, and raising two girls alone.
Oct 20, 2020•27 min•Ep. 50
Jay Campbell is a client of Rosewood Wealth Management who--back in 2003--argued a case before the Supreme Court, representing a group of West Virginia coal miners in the case Doe v. Chao. At a time when the Supreme Court is getting lots of attention from lots of folks, Jay shares his behind-the-scenes story of how the Court really works.
Sep 29, 2020•27 min•Ep. 49
Larry Falivena is a client of Rosewood Wealth Management who has been battling ALS for the last several years. He joins John Stillman in studio to discuss the disease, the emotional and financial effects on his family, and the nationwide tour of all 30 Major League ballparks that he went on last year in an effort to raise funds and awareness.
Sep 08, 2020•25 min•Ep. 48
Almost everyone will feel the some effects from the new SECURE Act. Some more immediately than others, but in the grand scheme almost everyone will be affected. Ron and I will help you tackle the new rules as we discuss the two most important components: the changes in stretch IRAs and the new RMD age. The most important thing to keep in mind is communicating with your family about the changes from an estate planning standpoint. Don’t fret, we’re gonna break it all down for you and help you get ...
Jan 08, 2020•15 min•Ep. 47
There are actually a lot of principles from the personal training and fitness world that we can apply to retirement planning. Let's explore some similarities and learn how to increase our level of financial fitness. Get the full show notes for this episode at http://mrstillmansopus.com On This Episode: 1:53 - Coaches and Trainers 5:28 - Specific Goals and Training Plans 7:57 - Good Habits and Crunches in the Kitchen 10:52 - The Process Brings You To Your Destination...
Nov 20, 2019•15 min•Ep. 46
If you're heading out on a road trip, there's a long checklist of items that you want to be sure you haven't forgotten. And in retirement planning, some of those exact same items need to be addressed. Let's look at some of the items that should appear on both your road trip checklist and your retirement planning checklist. Get the full show notes by visiting http://mrstillmansopus.com
Nov 06, 2019•14 min•Ep. 45
If you take a close look at most folks' financial situations, you'll find that it's almost scandalous how badly their financial matters have been handled. Let's talk about the steps people should take to create a scandal-free retirement. On this episode: 1:41 - Impeach Consumer Debt 3:51 - Stop the Leaks in your Budget 6:03 - Obstruct Your Catastrophic Market Losses 8:39 - Collude with a Good Advisor Get the full show notes for this episode at http://mrstillmansopus.com ....
Oct 23, 2019•13 min•Ep. 44
What does tennis have to do with retirement? Probably more than you would think. We pulled three aspects to tennis that relate to retirement planning to help you understand the strategy a little better. 1. The court is different for singles versus doubles. 2. Certain players excel on a particular playing surface. 3. Holding serve is important. So sit back and let us serve up some retirement analogies so you can ace your investing decisions. Check out the full show notes for this episode by click...
Oct 02, 2019•15 min•Ep. 43
We all have one. You can usually find it in the kitchen in one of the bottom drawers. It's that place where we toss rubber bands, paper clips, batteries, chip clips, and any other random item we don't have any other place for. It's our junk drawer and we'd rather avoid it then trying to get it organized. Believe it or not, our financial portfolio has a junk drawer filled with old 401(k) plans, old life insurance plans, and other products we bought years ago but haven't done anything with since. ...
Sep 18, 2019•14 min•Ep. 42
There are many similarities between planning for retirement and a game of chess. In this episode, John makes the comparison by explaining which investment option is each chess piece on the board and how they can be used to maneuver you through the game of retirement.
Sep 04, 2019•16 min•Ep. 41
Remember your senior yearbook that included superlatives like 'Most Popular' and 'Class Clown'? Well, we're taking that idea and applying it to the financial world by picking out the investment options that are 'Most Overrated', 'Most Underrated', 'Most Popular', and 'Most Likely to Disappoint.' Check out the show notes by clicking here . Today's rundown: [1:03] – Class Superlatives at the School of Financial Strategies [1:33] Most Underrated: Roth IRA [3:05] Most Overrated: Expensive Cars [5:24...
Aug 13, 2019•13 min•Ep. 40
Most people have a basic knowledge of Required Minimum Distributions (RMDs) but few understand how they pertain to IRAs and 401ks, as well as the intricate timing details that are essential to preparing to withdrawal for tax payments. For a better understanding of the best times to withdrawal as well as avoiding penalties, join John and Ron as they discuss a letter Ron recently received shortly after a big birthday. Check out the show notes here: https://mrstillmansopus.com/retirement/getting-yo...
Jul 18, 2019•12 min•Ep. 39
If you think about it, planning for retirement is a bit like going to the grocery store. You need to know what you need, you need to know what you're paying, and at times, you need to purchase the more expensive product. These are just a few of the similarities. Join us as we unpack this analogy and help you shop for a meaningful retirement. Click the link for more in-depth reading in a recent blog post: https://mrstillmansopus.com/investing-strategy/the-retirement-grocery-store/...
May 09, 2019•12 min•Ep. 38
We often see people justifying their poor financial decisions by making excuses. We'll identify these excuses and explain why they lead to poor judgement. Click the link for more in-depth reading in a recent blog post: https://mrstillmansopus.com/retirement/four-dangerous-excuses/
Mar 29, 2019•10 min•Ep. 37
March Madness is upon us, and everyone's excited for the upsets, buzzer beaters, and Cinderella stories. As a fan, it's an emotional time of year, and believe it or not, March Madness can teach us a thing or two about retirement. Click the link for more in-depth reading in a recent blog post: https://mrstillmansopus.com/lifestyle/lessons-from-march-madness/
Mar 15, 2019•11 min•Ep. 36
Our clients often ask us whether they should accelerate their house payments in order to pay off their house early. Join us as we explore the pros and cons of this strategy. Click the link for more in-depth reading in a recent blog post: https://mrstillmansopus.com/real-estate/this-ones-on-the-house/
Mar 06, 2019•11 min•Ep. 35
We're living longer than ever, and of course, that's a good thing. However, longevity presents its own challenges. John explains. Click the link for more in-depth reading in a recent blog post: https://mrstillmansopus.com/retirement/longevity-risk/
Nov 14, 2018•11 min•Ep. 34
This time of year, you can find football on TV almost every night of the week. Let's take some concepts from the gridiron and apply them to retirement. Click the link for more in-depth reading in a recent blog post: https://mrstillmansopus.com/retirement/retirement-gridiron/
Oct 23, 2018•12 min•Ep. 33
On this edition of the podcast, we’ll share with you three tax tips. Specifically, we’ll help you avoid making three crucial tax mistakes. Click the link for more in-depth reading in a recent blog post: https://mrstillmansopus.com/retirement/three-tax-tips/
Oct 09, 2018•9 min•Ep. 32
There’s a lot of confusion surrounding the taxation of Social Security. Join us as we seek to clear up the confusion on the podcast. Click the link for more in-depth reading in a recent blog post: https://mrstillmansopus.com/taxes/social-security-taxation/
Sep 25, 2018•11 min•Ep. 31
We’ve all said and done things we’ve later come to regret. Don’t let these financial phrases be your famous last words. Click the link for more in-depth reading in a recent blog post: https://mrstillmansopus.com/investing-behavior/famous-last-words/
Sep 11, 2018•11 min•Ep. 30
What's the true cost of long term care? Well, that depends on what kind of care you need. Matt Ayotte and Alan Millikan, founders of Aegis Home Care, came by the studio to talk about different types of care and just how much each one can cost. Click the link for more in-depth reading in a recent blog post: https://mrstillmansopus.com/long-term-care/cost-long-term-care/
Aug 22, 2018•20 min•Ep. 29
