Turning 65 is more than a milestone. It’s a financial and healthcare turning point that demands action. In this episode, Adam Scott, CFP®, shares the essential decisions you must make around Medicare as you turn 65, from enrollment timelines to cost-saving strategies. With personal anecdotes and professional insights, Adam demystifies Parts A, B, C, and D, discusses common missteps, and explains how Medicare ties into employer and retiree health plans. Whether you’re still working, semi-retired,...
Jul 17, 2025•43 min
When the credits roll on your first career, what’s next? For midlife professionals—especially those in entertainment, reinvention is not just possible, it’s essential. In this episode, Adam Scott, CFP®, continues his conversation with Liz Mohler to explore career pivot options for midlife professionals. They unpack how changing industries can be rewarding, and they break down the practical steps to start over, while honoring your experience and passions. Liz and Adam discuss: The value of corpor...
Jun 17, 2025•44 min
Life has a way of pushing us toward reinvention, but how do we embrace change and make it work for us? How can we turn uncertainty into opportunity and transition into a career that reflects our passions and values? In this episode, Adam Scott, CFP®, talks with career coach Liz Mohler, M.S., PCC, about the challenges and rewards of career reinvention. They share personal stories, strategies for overcoming self-doubt, and the power of recognizing your transferable skills to make meaningful profes...
May 20, 2025•35 min
In a climate where volatility is the price of admission to long-term wealth, are you truly prepared—not just emotionally, but structurally—for a significant market downturn? This week on Red Carpet Retirement , Adam Scott, CFP®, takes us deeper into the mindset and math that drives resilient investment strategies. Building on the theme of being ready for a potential 30% (or even 50%) drawdown, Adam goes beyond emotional readiness and unpacks one of the most misunderstood tools in modern investin...
Apr 15, 2025•28 min
How would you react if the US stock market suddenly dipped by 30% or even 50%? The unpredictability of financial markets can be intimidating, but fear not—there are ways to prepare and to protect your portfolio. Join host Adam Scott, CFP® as he dives into the volatile world of market declines, addressing common investor fears and discussing the importance of mindset and a well-planned portfolio. Adam shares real-life anecdotes and valuable insights that challenge the knee-jerk reactions to headl...
Mar 18, 2025•24 min
How can Entertainment Industry members best ensure financial stability in retirement? Understand how the Motion Picture Industry and Health Plans work as this episode explores the benefits, strategies, and vital decisions shaping retirement for industry members. Adam Scott, CFP® interviews David Asplund, CEO of the Motion Picture Pension and Health Plan, who explains the robust framework supporting financial and healthcare security for entertainment professionals. David addresses common misconce...
Feb 17, 2025•40 min
Do political changes redefine financial strategies, or do fundamentals remain king? This episode of Red Carpet Retirement delves into the potential impacts of Trump’s policies on investments, taxes, and the economy. Adam Scott discusses tax cuts, corporate profits, interest rates, and their influence on the national deficit. He also emphasizes separating political views from portfolio decisions and focuses on sustainable financial strategies. Key takeaways include: The implications of extending ...
Jan 21, 2025•24 min
From tariffs to immigration, the implications of a Trump presidency ripple through economic policy and investment strategies. What does this mean for your portfolio? In this episode of Red Carpet Retirement, Adam Scott analyzes the potential investment and economic effects of the newly re-elected Trump administration. He dissects key topics such as tariffs, immigration policies, deregulation, and budget cuts while questioning their long-term impact on markets, businesses, and investors. Adam dis...
Dec 17, 2024•24 min
Life insurance products are often marketed as essential tools for financial planning, but are they really the best solution for everyone? How do popular strategies like Infinite Banking and Rich Man’s Roth measure up for real retirement security? What financial moves make sense as you age and your financial needs shift? In this episode of Red Carpet Retirement, Adam Scott addresses the pros and cons of life insurance as a retirement tool and debunks some of the myths and sales tactics that promo...
Nov 20, 2024•28 min
With the Social Security Trust Fund potentially running out by 2035, should you claim your benefits now or wait for a better payout? Let’s address the reality behind Social Security’s future and its impact on your retirement plans. In this episode, Adam Scott talks about the complexities of Social Security, exploring the imminent depletion of the trust fund projected for 2035 and what this means for retirees. As he unpacks whether to claim Social Security early or delay it, you’ll gain insights ...
Oct 15, 2024•24 min
Do you struggle with investment decisions during election years? Discover the three worst mistakes you should avoid to keep your portfolio safe. In this episode of Red Carpet Retirement, Adam addresses the three biggest investment blunders investors make during election years. You’ll learn some shocking statistics about market performance during election cycles, why sitting in … Read More Read More...
Sep 17, 2024•17 min
Do you know if your online banking details are truly secure? Today on Red Carpet Retirement, Adam addresses the alarming rise in sophisticated online financial frauds and discusses ten crucial ways to protect yourself. From phishing and vishing to smishing and pharming, you’ll understand the different tactics used by cyber criminals and learn the best … Read More Read More...
Aug 20, 2024•28 min
Americans lost $13BN to fraud in 2023. Young adults are particularly vulnerable – along with the elderly – as social engineering becomes increasingly sophisticated. Don’t think it can’t happen to you. Today on Red Carpet Retirement, Adam Scott, CFP® delves into the concerning rise of financial fraud and offers practical tools to help safeguard against … Read More Read More...
Jul 09, 2024•26 min
Avoid costly CPA mistakes on your current or next tax return! Today on Red Carpet Retirement, Adam talks about common but unintended mistakes CPAs make. Our discussion isn’t about pointing fingers but rather about uncovering common oversights in the filing process, how they happen, and, most importantly, how you can avoid being caught by surprise … Read More Read More...
Jun 11, 2024•26 min
What shook the stock market and economy in Q1 of 2024? Dive into this episode for an insightful quarterly wrap-up! In this episode, Adam dissects the impactful first quarter of 2024, analyzing stock market shifts, economic trends, and a surprising twist on the usual recession predictions. He unravels the events that led to one of … Read More Read More...
May 14, 2024•31 min
What’s the secret to raising financially and mentally healthy young adults? This is never easy, and for wealthy families it can be particularly challenging. This week on Red Carpet Retirement, Adam Scott, CFP® teams up with Liz Mohler, an esteemed ICF-accredited career and life coach, to explore the complex but crucial topic of raising financially … Read More Read More...
Apr 23, 2024•38 min
They say retirement is like a second childhood—except this time, you’re the one in charge! It’s time to set new goals! This week on Red Carpet Retirement, Adam speaks with Liz Mohler, an esteemed ICF-accredited career and life coach, about setting goals in retirement. While focusing on the importance of goal setting and finding purpose, … Read More Read More...
Mar 12, 2024•36 min
2023’s market forecasts were dark, but the markets kept out of the shadows. Let’s take a look at what we think 2024 may look like. This week on Red Carpet Retirement, Adam Scott reflects on 2023’s financial market outlook. Looking forward into 2024, he talks about the potential impact of the Federal Reserve’s policies, inflation, … Read More Read More
Feb 20, 2024•25 min
Are you looking for ways to maximize your tax-advantaged retirement savings bucket? (In other words, a savings bucket where both growth and withdrawals are tax-free!) A mega backdoor Roth 401(k) might be what you need. This week, Adam Scott, CFP®, delves into the ins and outs of a mega-backdoor Roth 401(k), a financial maneuver that … Read More Read More...
Jan 23, 2024•31 min
There are many benefits to Roth conversions. But beware! Don’t step on a land mine when implementing that can blow your finances up! In this episode, Adam introduces his new co-host, Patrice Sikora, before discussing the benefits of Roth conversions. They highlight how these conversions can help reduce taxable income and potentially avoid higher taxes … Read More Read More...
Dec 12, 2023•25 min
We’re not here to spread alarm but to unravel the intricate web of challenges and transformations reshaping the commercial real estate sector. Join us for an in-depth exploration of what’s causing the downtown commercial real estate Armageddon and what it means for the future of these urban landscapes. In this episode, Adam Scott, CFP® discusses … Read More Read More
Nov 14, 2023•27 min
When it comes to financial advisory, finding the right balance between innovation and caution is crucial. With the rise of data and technology, risk analysis software has become a popular tool for guiding investment strategies. But should we rely on this software? What are the risks of doing so? In this episode, Adam Scott explores … Read More Read More
Oct 17, 2023•23 min
Real Estate values always go up, right? In this episode, Adam provides an in-depth analysis of the future of rental properties. They dismantle the perception of real estate as a guaranteed win, exploring the pros and cons, tax implications, financial intricacies, and potential challenges of managing rental properties. Throughout the episode, Adam covers: The key … Read More Read More...
Sep 12, 2023•31 min
We’ve received a lot of questions about real estate and Adam Scott addresses them in this two-part real state series. In this episode, Adam talks about real estate across America and how the future may differ from what we’ve seen happen historically. He goes over what’s going on with the housing market, whether it’s a … Read More Read More
Aug 15, 2023•30 min
Medicare doesn’t cover long-term care. If you thought it did or haven’t purchased long-term care insurance for any other reason, Adam has 10 things for you to think about before you make your final decision. In this episode, Adam Scott, CFP®, introduces a dear friend of his, Jennifer Burnham-Grubbs, Founder of Quantum Insurance Services and … Read More Read More...
Jul 11, 2023•51 min
Why did the CPA cross the road? To get to the other side of the balance sheet. In this episode, Adam sheds light on a crucial topic that concerns many individuals and businesses: how to find a GREAT CPA. Adam discusses the questions you should be asking and takes you through eight essential steps that … Read More Read More
Jun 13, 2023•58 min
For business owners and freelancers in entertainment, this is an episode you won’t want to miss! CPAs look through the rearview mirror at where you have been. Good Financial Planners help you navigate the route ahead. In this episode, Adam Scott, CFP®, provides 5 valuable wealth-building insights and practical tax-saving strategies that CPAs often don’t … Read More Read More...
May 09, 2023•28 min
Spice up your retirement planning with the Secure Act 2.0’s hottest benefit strategies. Retirement planning may not sound like the sexiest topic, but the Secure Act 2.0 is changing that. In this episode, Adam discusses several benefit strategies that employers, retirees, pre-retirees, and even younger employees can take advantage of, and they’re anything but boring. … Read More Read More...
Apr 11, 2023•28 min
Estate planning isn’t a fun topic of conversation, but it’s more important than you might think. Don’t miss these 10 common mistakes. In this episode, Adam Scott shares 10 of the most significant estate planning mistakes. He explains what they are and how to avoid them! He also drives the lessons home with a few … Read More Read More
Mar 14, 2023•39 min
Finding a financial advisor can be difficult. Just because they are likable doesn’t mean they will be excellent at taking care of you. How can you tell the difference? In this episode, Adam shares 10 of the most important questions everyone should ask their financial advisor, especially if they are in the interview process, to … Read More Read More
Feb 14, 2023•32 min
