If you’ve been around Dean Barber recently and have noticed that he’s smiling even more than usual, we might know the reason why. He just got to talk with Will Doty about his favorite part of the tax code—Roth IRAs—on The Guided Retirement Show . More specifically, Roth conversions before and after retirement. A lot of people might think that there’s nothing to smile about within the tax code. Well, it’s still easy to feel that way, but former Delaware Senator William Roth did his best to change...
Mar 28, 2023•31 min
In the first couple months of 2023, one of the things we’ve been trying to do is highlight how the newest tax rules affect you . A lot of people have been wondering what exactly Congress was thinking with some of those new tax rules. However, there were some welcomed changes from Congress with the SECURE Act 2.0. How does the SECURE Act 2.0 compare to the SECURE Act? America’s IRA Expert Ed Slott joins Dean Barber on The Guided Retirement Show to help explain the ins and out of the SECURE Act 2....
Mar 14, 2023•32 min
Whenever Dean Barber discusses investments, it’s hard for him not to think of a famous quote from Berkshire Hathaway CEO Warren Buffett . Be fearful when others are greedy, and greedy when others are fearful . Understanding investment risk can be difficult if you let emotions like fear and greed take over at the wrong times. How do you combat the fear of missing out when it comes to investing? Dean and Anchor Capital CEO Garrett Waters will discuss exactly that and much more about investment ris...
Feb 28, 2023•28 min
When we’re trying to find out what’s most important to people in their retirement , one of the most common answers is spending time with family. Many of those people are also passionate about gifting money to the next generation(s) so that their loved ones are in good hands financially after they pass on. The ins and outs of estate planning are very important, but also quite complex. That’s why we’re having Matt Kasper, CFP® join Dean Barber to discuss Family Financial Planning . In this podcast...
Feb 14, 2023•47 min
With tax filing season officially underway as of January 24, we want to review the advantages of doing tax planning during tax preparation season. It’s important to realize that tax compliance and tax planning aren’t one in the same, though. Our Director of Tax, Corey Hulstein , joins Dean Barber on The Guided Retirement Show to discuss some tax planning strategies to consider during tax preparation season. In this podcast interview, you’ll learn: How we go about minimizing taxation for someone ...
Jan 31, 2023•21 min
We’re thrilled to get the ball rolling with Season Eight of The Guided Retirement Show . Season Eight begins with a familiar guest, as Garner Insurance Agency, LLC Owner Taylor Garner returns to The Guided Retirement Show . Taylor last appeared on the podcast in March to discuss health care costs in retirement . For this episode, he and Dean Barber will talk about Medicare changes in 2023. In this podcast interview, you’ll learn: There was an historic 8.7% Bump in the 2023 Cost-of-Living Adjustm...
Jan 17, 2023•20 min
For the Season 7 finale of The Guided Retirement Show , Chris Rett joined me to answer questions in a mailbag format. We’re sticking with the same idea of answering important retirement questions for our loyal listeners but are switching things up a little bit for the Season 7 finale. This time, Chris and I have compiled a list of 20 retirement questions that people should be asking their financial advisor. Whether you’ve only been thinking about a couple of these retirement questions or all 20,...
Dec 06, 2022•40 min
In a change of pace for the holiday week, Dean speaks to our listeners about tax planning opportunities and what he is thankful for looking toward 2023. In this podcast interview, you’ll learn: Charitable giving through Qualified Charitable Distributions (QCDs) START PLANNING To get a full recap of today's conversation, including the biggest takeaways, transcripts, and links to all the resources mentioned, visit GuidedRetirementShow.com/77 Learn More about Retirement Planning Find out more about...
Nov 22, 2022•8 min
With Thanksgiving right around the corner, I’ve started to think a lot about the things I’m think for. Of course, there’s my family, great friends, and everyone that trusts me to help them with various aspects of financial planning. But another thing I’m obviously thankful for is my home. So, I figured this would be a great opportunity to discuss some key mortgage tips to think about when financial planning for people of different ages. I’m excited to have Tim Kay, who is a branch manager at Gui...
Nov 08, 2022•50 min
Financial planning and serving others are big passions of ours at Barber Financial Group. Our Chief of Staff, Chad Webb, committed himself to serving others long before he arrived at Barber Financial Group in May 2021. Chad served our country for 21 years in the United States Marine Corps, attaining the rank of First Sergeant. Chad still maintains regular contact with his Marine brothers, but wanted to do something special for all veterans with Veterans Day coming up. It’s important to Chad for ...
Oct 25, 2022•41 min
Acronyms can sometimes make things easier to understand or remember, but there are a few of them that relate to your retirement that are very complex. Two of them are RMDs (Required Minimum Distributions) and the SECURE Act (Setting Every Community Up for Retirement Enhancement). The rules for RMDs have changed due to the SECURE Act, and it's vitally important that you understand them In this episode of The Guided Retirement Show , Will Doty joins me to explain RMDs, tax planning opportunities s...
Oct 11, 2022•35 min
As many Barber Financial Group clients have come to realize, it’s critical to have a CFP® Professional and CPA working together on your financial plan. That collaboration is key so that nothing gets overlooked within your plan from a tax planning perspective. Our tax team has long been committed to forward-looking tax planning, not only during tax season, but year-round. They’re looking forward to building upon that commitment and analyzing the impact of taxes in retirement now that we’ve formed...
Sep 27, 2022•36 min
There are a lot of things that are misunderstood about private equity markets. And somewhat understandably so. The landscape of private equity markets has changed considerably over the past few years to the point where individual investors can now participate. Michael Faciana joins Dean Barber on The Guided Retirement Show to help explain the many nuances of private equity. In this podcast interview, you’ll learn: The landscape of private equity has changed immensely in recent years, and it’s po...
Sep 13, 2022•37 min
Whether it’s the markets, interest rates, inflation, political and geopolitical environments, or the complicated and ever-changing tax code, uncertainty seems to be everywhere we look in 2022. While uncertainty can be overwhelming, there are many ways to mitigate it. The first step is to overcoming uncertainty is to start a comprehensive, forward-looking financial plan. Logan DeGraeve and I look forward to highlighting how the different components of a financial plan can help you overcome uncert...
Aug 30, 2022•33 min
We talk about tax planning strategies a lot at Barber Financial Group, and with good reason. There's a misconception that tax planning strategies are only applicable for the ultra-wealthy, but that's far from being true. To help me convey that important message, one of my good CPA friends, Marty James , is joining me on Guided Retirement Show . In this podcast interview, you’ll learn: The goal is to not pay the least amount of taxes over one year, but over your lifetime. When the best times are ...
Aug 16, 2022•38 min
Welcome to Season 7 of The Guided Retirement Show ! In our season premiere, I welcome back a return guest to the podcast in LSA Portfolios Analytics President Brad Kasper to discuss the many headwinds that the Fed and the markets are currently facing. And, boy, there are some significant ones. They include, but aren’t limited to: Supply chain issues Inflationary pressures Slowing inflationary without sending the economy into a recession (AKA: engineering a soft landing) Ongoing market volatility...
Aug 02, 2022•51 min•Ep. 69
Every week, our listeners send us questions on YouTube and through email–and every season, we try to answer as many of them as we can. The first time around, we had the privilege of speaking with Chris Rett, CERTIFIED FINANCIAL PLANNER™, and he kindly made time to join us for this episode as well. While we can’t give perfect guidance for your specific financial situation in an episode of a podcast, we do have a special offer for you as a listener of the Guided Retirement Show. Simply click here ...
Jun 21, 2022•42 min•Ep. 68
If you don’t understand the rules of IRAs, bad things happen. With the wrong portfolio, you may find yourself hearing people tell you what you could’ve, should’ve, and would’ve done–and those little decisions can add up to make some big differences. If you don’t want to wake up to an unpleasant tax surprise in retirement, today’s episode is for you. Once again, I’m speaking to Ed Slott, America’s IRA Expert. He’s been teaching financial advisors about the ins and outs of IRAs for decades, and he...
Jun 07, 2022•39 min•Ep. 67
Almost everyone knows at least a little about investing stocks and bonds. However, far fewer individual investors are familiar with how to invest in currencies and commodities–and of that select group, even fewer know how to generate returns, regardless of the directions these four asset classes are moving. Today’s guest, John Hampton, serves as Executive Director at An Alternative Investment Manager. Over the last 50 years, he’s used systematic models to trade in these alternative asset classes...
May 24, 2022•31 min•Ep. 66
For many people, the 401(k) is their largest asset. From the moment you take your first job, your employer may automatically enroll you into a 401(k), but the plan administrator rarely has your best interests in mind–and barely knows your name. So, how do you personalize the 401(k) to your unique needs and ensure that it will help take you through retirement and beyond? To answer that question, I’m excited to talk to Drew Jones. He’s a CERTIFIED FINANCIAL PLANNER™ who specializes in working with...
May 10, 2022•34 min•Ep. 65
We’ve seen incredible growth in the alternatives market over the last several years, and plenty of secondary markets have emerged for corporate investments. But what do you do if you want to invest in assets like real estate investment trusts (REITs)? These investment vehicles come in all shapes and sizes. Some have been wildly successful, and others have been complete and total flops. To help us improve our understanding of these investments, I’m thrilled to welcome Brian King. Brian is the CEO...
Apr 26, 2022•27 min•Ep. 64
Many people think that claiming Social Security is a simple process–that is, until they do it. Ken Sokol is living proof of this. He retired from his engineering career at Hallmark in the early 2000s at the age of 54. Soon, he found himself digging deep into how Social Security claims actually worked, became a traveling lecturer on the topic, and joined the National Academy of Social Insurance–a think tank based in Washington, D.C. working to help retirees understand the choices they make and wh...
Apr 12, 2022•37 min•Ep. 63
Health insurance costs in retirement are a big deal to just about everyone. So many people transitioning into retirement find themselves frustrated by their Medicare coverage, enrolled in the wrong coverage, and stuck with unnecessary expenses that fail to cover their medical needs. After Taylor Garner’s father went through this experience, he focused his career on making sure it wouldn’t happen to other people. As an agent at American Republic Insurance Services, he works tirelessly to help his...
Mar 29, 2022•36 min•Ep. 62
Everybody knows that life can be unpredictable, and anything can happen at any time. Out of nowhere, we may lose a loved one, fall ill ourselves, or end up living through a natural disaster–and the last thing you want in these trying moments is to be in financial distress. This is why disaster planning is a critical part of retirement planning. Many people fail to make several necessary arrangements for end-of-life planning before disaster strikes, and it can lead to massive expenses, a conflict...
Mar 15, 2022•27 min•Ep. 61
Whether you’re just getting started or well into your retirement, having an adequate amount of insurance is critical. It’s an essential tool for risk management and a major piece of a well-crafted financial plan. It’s also extremely complex. People of all ages find themselves underinsured or have purchased the wrong products, and these can lead to significant financial setbacks at any stage of life. Joining me to talk about this is Sarah Askren. Sarah is a property and casualty insurance expert ...
Mar 01, 2022•31 min•Ep. 60
Most people think about debt as a bad thing. No matter what your financial background is, you’ve probably been told to avoid racking up debt, not to spend outside your means, and to pay off your debt whenever you can. However, what this simplistic guidance fails to take into account is that there’s two kinds of debt: the debt you want to avoid and the debt you actually want to take on. So, what’s the difference? Joining me to help answer this question is Logan DeGraeve, CFP® at Barber Financial ...
Feb 15, 2022•38 min•Ep. 59
For the first time ever, private equity is an asset class available to the main street investor. If you’ve worked hard, saved well, and are looking for an asset class outside the norm that’s a little more predictable and can provide some additional opportunities, private equity investing could be a great fit for you. My guest, Michael Bell, is the Founder and Managing Director of Primark Capital, and an expert in this area. Before taking on his current role, he built and served as CEO for a $12B...
Feb 01, 2022•36 min•Ep. 58
As of this writing, we’re experiencing market valuations that none of us have ever seen in our careers. If you’re getting close to retiring (or just retired), this can have a major impact on how you pay for the rest of your life. To make sense of how this plays out over the course of retirement, I’m talking to Bud Kasper. Bud is the President of our Lees Summit location, and he was one of the first CFPs, as well as the first chairman of the Financial Planning Association for greater Kansas City ...
Jan 18, 2022•32 min•Ep. 57
Bitcoin has become incredibly mainstream. It’s been a hot topic for a while now and it’s mentioned frequently in many investment discussions in the financial planning world. Everyone sees ads for Bitcoin in their social media feeds with the cute little graphics of coins with Bs on them. There are probably some people out there who also think that there are real, physical Bitcoins they can get, too! So, with that in mind, today’s episode is all about Bitcoin: how it originated, what it really is,...
Dec 07, 2021•33 min•Ep. 56
American entrepreneurs are facing a triple threat: rampant inflation, higher interest rates, and higher costs of capital for businesses. There’s less safety in bonds, stocks are likely to fall, and expenses are all but guaranteed to increase. As the saying goes, the only constant in life is change, and there are a lot of economic factors that appear to be changing right now. To help me dissect these issues, I’m talking with Don Wenner of DLP Capital. Don has made a ton of progress in his busines...
Nov 23, 2021•43 min•Ep. 55
