This episode discusses the financial mistakes made by NFL players after retirement, highlighting the importance of money management. It shares stories of players who lost millions due to bad investments and poor financial planning. The conversation also touches on the current stock market and the potential for a market correction before the election. The hosts emphasize the need for proper financial planning and the role of advisors in helping individuals navigate retirement. Ready to connect wi...
Sep 03, 2024•16 min
George and Zach discuss their recent travel experiences and then transition into a discussion about retirement planning. They talk about the importance of finding the right financial advisor and the potential reasons for changing advisors. They also emphasize the need for a comprehensive approach to retirement planning and the importance of avoiding market volatility. Ready to connect with George and begin building your retirement plan? Visit NorthStar to get started today! See omnystudio.com/li...
Aug 27, 2024•16 min
The conversation with George Fossing and Travis Smith from Northstar Financial and Retirement Planning discusses the recent swings on Wall Street and provides advice on how to navigate market volatility. They emphasize the importance of not panicking and taking a long-term perspective. They also discuss the three-bucket approach to retirement planning, which includes a safe money bucket, a growth bucket, and an income bucket. The conversation highlights the need for guaranteed lifetime income an...
Aug 20, 2024•10 min
The conversation discusses the recent activity on Wall Street and the importance of planning for market downturns during retirement. It emphasizes the need to address sequence of returns and the role of money as a tool. The hosts share examples of clients who made different investment decisions during market volatility and highlight the significance of having a plan to avoid outliving one's money. They encourage listeners to assess their retirement readiness and consider making adjustments to th...
Aug 13, 2024•9 min
This episode discusses the financial mistakes made by NFL players after retirement, highlighting the importance of money management. It shares stories of players who lost millions due to bad investments and poor financial planning. The conversation also touches on the current stock market and the potential for a market correction before the election. The hosts emphasize the need for proper financial planning and the role of advisors in helping individuals navigate retirement. Ready to connect wi...
Aug 06, 2024•16 min
George and Zach discuss their recent travel experiences and then transition into a discussion about retirement planning. They talk about the importance of finding the right financial advisor and the potential reasons for changing advisors. They also emphasize the need for a comprehensive approach to retirement planning and the importance of avoiding market volatility. Ready to connect with George and begin building your retirement plan? Visit NorthStar to get started today! See omnystudio.com/li...
Jul 30, 2024•16 min
In this conversation, George Fossing and Zach Jenkins discuss the fear of a recession and the importance of having a plan for retirement. They debunk the idea that cash is a bad investment and highlight the benefits of having alternative investment options. They emphasize the need to give your money a job and create a well-designed plan that takes into account market volatility. They also discuss the importance of tax planning and how it can help retirees optimize their income and reduce taxes. ...
Jul 23, 2024•18 min
The conversation covers a range of topics including travel, investment forums, government spending, tax planning, retirement planning, and financial efficiency. It delves into the impact of government spending on taxes, the importance of tax planning, and the significance of efficient financial strategies for retirement. George and Zach also emphasize the role of investment forums in providing clarity and insight into economic predictions and government policies. Ready to connect with George and...
Jul 16, 2024•13 min
Retirement is no longer about sitting in an easy chair and feeding the birds. People are now enjoying their retirement years and may be in retirement for a long time without a job. It is important to have a plan for managing finances in retirement. One common mistake is having too much risk in a retirement portfolio, so it's crucial to have a balanced portfolio that can withstand market downturns. Preservation of lifestyle is key in retirement, and it is important to have a clear understanding o...
Jul 09, 2024•12 min
The conversation discusses the topic of managing retirement savings in a volatile market. It emphasizes the need to consider the true value of 401k accounts and the potential risks of market downturns. The importance of diversifying investments and creating a purpose-driven retirement plan is highlighted. The conversation also touches on the changes and considerations for Social Security benefits in 2024. Ready to connect with George and begin building your retirement plan? Visit NorthStar to ge...
Jul 02, 2024•13 min
George Fossing and Travis Smith discuss tax planning for the future and the importance of mitigating tax liabilities. They highlight the potential impact of required minimum distributions (RMDs) on retirement accounts and the misconception that retirees will always be in a lower tax bracket. They emphasize the need for tax efficiency strategies, such as Roth conversions and charitable donations, to minimize tax burdens. The conversation also touches on the value of tax planning for business owne...
Jun 25, 2024•9 min
Retirement is no longer about sitting in an easy chair and feeding the birds. People are now enjoying their retirement years and may be in retirement for a long time without a job. It is important to have a plan for managing finances in retirement. One common mistake is having too much risk in a retirement portfolio, so it's crucial to have a balanced portfolio that can withstand market downturns. Preservation of lifestyle is key in retirement, and it is important to have a clear understanding o...
Jun 18, 2024•12 min
When is the right time to retire? Zach Jenkins and Travis Smith discuss the recent retirement of Alabama Head Football Coach Nick Saban and how coming to the decision to call it a career may be easier than you think. They also talk about comedian Ron White and his tax plan that may have caused him to go back to work. Ready to connect with George and Zach to begin building your retirement plan? Visit NorthStar to get started today! See omnystudio.com/listener for privacy information....
Jun 11, 2024•18 min
The conversation covers a range of topics including travel, investment forums, government spending, tax planning, retirement planning, and financial efficiency. It delves into the impact of government spending on taxes, the importance of tax planning, and the significance of efficient financial strategies for retirement. George and Zach also emphasize the role of investment forums in providing clarity and insight into economic predictions and government policies. Ready to connect with George and...
Jun 04, 2024•13 min
In this conversation, George Fossing and Zach Jenkins discuss the fear of a recession and the importance of having a plan for retirement. They debunk the idea that cash is a bad investment and highlight the benefits of having alternative investment options. They emphasize the need to give your money a job and create a well-designed plan that takes into account market volatility. They also discuss the importance of tax planning and how it can help retirees optimize their income and reduce taxes. ...
May 28, 2024•18 min
Retirement is no longer about sitting in an easy chair and feeding the birds. People are now enjoying their retirement years and may be in retirement for a long time without a job. It is important to have a plan for managing finances in retirement. One common mistake is having too much risk in a retirement portfolio, so it's crucial to have a balanced portfolio that can withstand market downturns. Preservation of lifestyle is key in retirement, and it is important to have a clear understanding o...
May 07, 2024•12 min
Multiple large companies have announced future layoffs and some fear it could be the beginning of a recession. George Fossing and Zach Jenkins discuss the possibility of retiring during a recession. They also talk about their new program called: Her Compass. A retirement guide for women. See omnystudio.com/listener for privacy information.
Feb 13, 2024•26 min
How does a Presidential Election affect your retirement? George Fossing and Zach Jenkins take a look back at history to discuss elections and the stock market. They also talk about continuing to work in retirement and tax consequences. See omnystudio.com/listener for privacy information.
Feb 06, 2024•35 min
How will your taxes change in retirement? Zach Jenkins and Travis Smith discuss the myth of lower taxes in retirement and how you can begin positioning yourself today for success in the future. They also talk about which direction the Fed will take interest rates this year and what that means for your savings. See omnystudio.com/listener for privacy information.
Jan 30, 2024•28 min
When is the right time to retire? Zach Jenkins and Travis Smith discuss the recent retirement of Alabama Head Football Coach Nick Saban and how coming to the decision to call it a a career may be easier than you think. They also talk about comedian Ron White and his tax plan that may have caused him to go back to work. See omnystudio.com/listener for privacy information.
Jan 23, 2024•20 min
What alternative options do you have to the stock market when you decide to retire? George Fossing and Zach Jenkins discuss what is available to your and your portfolio, as well as how to utilize them in a customized plan to fulfill your retirement goals. See omnystudio.com/listener for privacy information.
Jan 16, 2024•27 min
Are interest rates creating more risk in retirement plans? George Fossing and Zach Jenkins discuss which direction interest rates could head and 2024 and how they could effect your retirement plan. They also talk about the possibility of more bank collapses in the future and the new tax brackets for the year. See omnystudio.com/listener for privacy information.
Jan 09, 2024•26 min
Which direction is the market heading in 2024 and how will it affect your retirement plan? George Fossing and Zach Jenkins discuss what the talking heads are forecasting. They also talk about the downsides to having a target date fund. See omnystudio.com/listener for privacy information.
Dec 19, 2023•22 min
Are taxes going up in 2024? George Fossing and Zach Jenkins discuss which direction taxes are heading next year. They also talk about how much money you need to feel rich and if that's the same amount you need to retire or not. See omnystudio.com/listener for privacy information.
Dec 05, 2023•20 min
At what age should you start retirement planning? George Fossing and Zach Jenkins discuss the best time in life to begin making a retirement plan. They also talk about possible interest rate hikes in the future and are social security recipients hurting from a government mistake? See omnystudio.com/listener for privacy information.
Nov 21, 2023•31 min
When is the best time to buy stock in retirement? George Fossing and Zach Jenkins discuss the best way to utilize the market when you are no longer chasing gains. They also talk about the investment options you have and how to utilize them in your portfolio. See omnystudio.com/listener for privacy information.
Nov 14, 2023•25 min
How will taxes affect your retirement income? George Fossing and Travis Smith discuss the future of taxes and what you can be doing now to prepare yourself. They also talk about the difference between a 401(K) and an IRA. Do you know which one is best for you? See omnystudio.com/listener for privacy information.
Oct 17, 2023•31 min
Are emotions delaying your retirement? George Fossing and Zach Jenkins discuss the difference between a financial and an emotional delay in retirement. They also talk about the fees that might be eating up your 401(K) and if a reduction in social security is in the near future. See omnystudio.com/listener for privacy information.
Oct 10, 2023•27 min
When should you review your portfolio before retirement? George Fossing and Zach Jenkins discuss when is the right time for a financial checkup. They also talk about high interest cash investments and if they will disappear soon, as well as the biggest mistakes they see in 401(K) plans. See omnystudio.com/listener for privacy information.
Oct 03, 2023•35 min
Should you payoff your mortgage before you retire? George Fossing and Zach Jenkins weigh-in on why getting rid of your house payment might not be the best idea right now. They also discuss the current state of Wall Street and if you should proceed with caution. See omnystudio.com/listener for privacy information.
Sep 26, 2023•33 min
