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Pension Attention

Business & Economics Podcasts

Pension Attention is a show dedicated to helping firefighters and police officers take charge of their finances to build a life they love. Your host Brad Barrett is a Managing Director and Partner at One Capital Management, a top ranked independent investment advisory firm managing $2B in assets for clients. He has advised families in the Los Angeles City Fire Department for over 12 years, is an active member in Kingdom Advisors, a biblically based advisory network and holds the certified financial planning designation.

Pension Attention is a show dedicated to helping firefighters and police officers take charge of their finances to build a life they love. Your host Brad Barrett is a Managing Director and Partner at One Capital Management, a top ranked independent investment advisory firm managing $2B in assets for clients. He has advised families in the Los Angeles City Fire Department for over 12 years, is an active member in Kingdom Advisors, a biblically based advisory network and holds the certified financial planning designation.

Location:

United States

Description:

Pension Attention is a show dedicated to helping firefighters and police officers take charge of their finances to build a life they love. Your host Brad Barrett is a Managing Director and Partner at One Capital Management, a top ranked independent investment advisory firm managing $2B in assets for clients. He has advised families in the Los Angeles City Fire Department for over 12 years, is an active member in Kingdom Advisors, a biblically based advisory network and holds the certified financial planning designation.

Language:

English


Episodes

What is the Dow Jones Industrial Average?

4/13/2021
When it comes to talking about the Dow Jones Industrial Average, you’re referring to the marketplace. And while you should be aware of its current state, understanding its history is the only way to predict it. How do you plan your retirement without forecasting your finances? In this episode, I discuss what the Dow Jones Industrial Average reveals about protecting your portfolio today and preserving finances from an ever-changing marketplace tomorrow. Show Highlights Include: To...

Duration:00:21:05

Defense Wins Championships. Diversification Wins Returns

4/6/2021
Playing a game of football is similar to your investment portfolio. And while you should have ‘star player’ investments, you also need linebackers as a safety net for your assets. Or as the saying goes, “Don’t put all your eggs in one basket.” Even if they look like the best eggs for your basket. In this episode, I discuss how to properly diversify your portfolio and defend your investments for a stress-free retirement. Show Highlights Include: To schedule your free retirement tracking...

Duration:00:16:39

How much of my income should I save for short term savings?

3/30/2021
Knowing how to manage your money and make it last is essential in any financial plan. And while putting cash aside might seem ‘pretty easy,’ there are necessary steps for managing your own (without sabotaging your retirement funds). Whether your goal is to save for your next trip, buying a new home, or even “just to have cash on hand,” you can still live the life you want today while ensuring your income for tomorrow. In this episode, I discuss why financial planning doesn’t have to be...

Duration:00:21:19

Why insurance is important

3/23/2021
While many of us find the topic of life insurance one that is ‘complicated and expensive,’ it couldn’t be further from the truth. If you consider what it means for your family, the right life insurance plan helps loved ones in your absence and protects the assets you’ve worked your life for. Death often comes is unexpected - that’s a fact. But designing a plan that works with your portfolio only makes day-to-day living easier for the people you care about and gives you peace of mind. In...

Duration:00:21:38

Pension Planning 101

3/16/2021
Planning the retirement you want starts with understanding how your pension plan fits into the ‘big picture.’ And without those overtime hours and biweekly paychecks, how will you protect the money you worked so hard for? Or know you have enough to support and feed your family? In this episode, I discuss what happens when you move from active duty to retirement, and how a pension plan supports the transition with the most cash flow and the least amount of risk. Show Highlights Include: To...

Duration:00:27:08

3 Things an investment plan should have

3/9/2021
When it comes to growing your wealth and protecting your savings, there are three things every investment plan needs. And not only will these things help you in the future, they’ll let you live comfortably right now too. Financial planning shouldn’t affect the life you live today, nor should it drown you in expenses later. In this episode, I discuss the wealth-building tactics that contribute to a successful portfolio and the risks you can avoid for a peaceful retirement. Show Highlights...

Duration:00:19:34

Estate Planning 101

3/2/2021
Death and taxes aren’t topics to liven up a room.And while these conversations seem hard to have, they ultimately decide how you want your loved ones to receive everything you’ve worked so hard for. But the pitfalls of probate can leave your heirs more overwhelmed than supported. Your legacy ends up in the hands of the federal government. And no one wants that. In this episode, I discuss how estate planning protects your heirs for generations to come - and why it is essential to your...

Duration:00:20:09

4 ways to help minimize taxes in retirement

2/23/2021
Paying taxes can feel like pulling teeth… And while it seems unbearable, knowing how to get through the process with the least amount of pain is what makes your retirement a breeze. You don’t want taxes eating away at your returns the moment you stop working. Even if you haven’t thought about your retirement yet, taking control of your finances starts with planning them today. Especially when tomorrow’s tax bracket isn’t promised. In today’s episode, I share four tips on planning your most...

Duration:00:21:44

Probabilities of Success

2/16/2021
Would you board a flight that had a 70% probability of safely reaching its destination? How about 90%? While these are odds we’d avoid if our life was on the line, many people blindly trust their retirement to a financial plan with similar numbers. In this episode, I discuss why probabilities can destroy your finances, and factors you must consider to plan for retirement on your schedule and your terms. Show Highlights Include: To schedule your free retirement tracking meeting,...

Duration:00:22:17

How does DROP work for me

2/9/2021
There are many things to consider when looking at a DROP plan. You want the right strategy for peace of mind and a comfortable retirement. But if you don’t have a sustainable strategy, then your financial security goes right down the drain. Who wants that kind of stress after retirement? Finding a plan that works for you starts with knowing what numbers to nurture. How you spend, save, and earn determines the success and happiness of your retirement. In this episode, I discuss how the DROP...

Duration:00:23:43

How much should you contribute to your Deferred Compensation Plan?

2/2/2021
With so many ways to invest your retirement money, many first responders put off making a choice until it’s too late. There’s only so much to go around, and you need to pay your bills too! Your deferred compensation plan is one of the biggest benefits available to first responders, so getting your contribution right is key to retiring on your terms. In this episode, I discuss how to figure out exactly what you should contribute, and why small increases add up to huge amounts over...

Duration:00:22:31

Word Misconception - Active vs. Passive

1/26/2021
Words like conservative and aggressive are tossed around in the investment world all the time. Same with passive and active. While these ideas seem to make sense when someone is shouting them at you from your television, reality is different. These terms can mean various things in the context of different retirement portfolios. The most important thing is to understand how they relate to your individual situation. In today’s episode, I discuss the importance of understanding your...

Duration:00:19:19

The 4 times when you should review your financial plan

1/19/2021
You’ll never reach any goal without a plan. Your finances are no different. If you don’t proactively plan and strategize your financial life, you’ll find yourself working until you’re 90. But making a plan is not enough. You have to regularly review your plan to make sure it’s still serving your goals. In this episode, I discuss how to keep your financial plan profitable and on track through regular reviews. Show Highlights Include: The Stanford rule of uncertainty and how to use it to...

Duration:00:18:09

How to manage debt of any amount

1/12/2021
Our culture offers you unlimited “opportunity” to get in debt every day. A tremendous number of Americans have some amount of credit card debt. If you find yourself in debt, there is a way out. But you have to make sure you’re treating the disease rather than the symptoms. In this episode, I discuss common causes of financial trouble and a system for getting out and staying out of debt for good. Show Highlights Include: 3 ways to distinguish good debt from bad debt (5:12)Shocking...

Duration:00:21:50

Financial Planning in an Uncertain World

1/5/2021
It’s been a crazy year. One full of unprecedented events. And when times are this confusing, it can be tempting to abandon your plans and wait for them to be over. But this is the worst thing you can do! Chaotic times call for more careful and detailed planning, not less. In this episode, I discuss how to protect your investments in a turbulent market. I also explain why you need to start building your plan now if you want to meet your financial goals. Show Highlights Include: One key...

Duration:00:18:16

6 things to avoid when investing

12/29/2020
Money is a complicated topic. We all have ideas and associations with money that we picked up over the course of our lives. But these hold us back from saving the money we need to retire on our own terms. The wrong ideas can lead to devastating financial consequences. In this episode, I discuss 6 common investing mistakes and how you can avoid them to keep your retirement on track. Show Highlights Include: Why seeking the perfect retirement plan will have you working until you’re 90...

Duration:00:18:56

Why you need a Financial Advisor

12/22/2020
Money is a difficult topic to discuss with other people. This makes it tempting to do it alone when it comes to planning your retirement. This is a mistake. Even with the necessary knowledge, your emotional connection to your money can blow up your retirement. In this episode, I discuss how financial advisors can grow your money faster and why a financial advisor is helpful (even if you don’t have a lot of money saved). Show Highlights Include: What Edmund Hillary’s climb of Mount...

Duration:00:18:19

Why you should have a financial plan

12/15/2020
When it comes to our vacations, we plan every single detail to make sure everything is perfect. We understand that hope is not a strategy when it comes to pulling off a memorable trip. So why do we do the opposite with our retirement? Most of us put some money away, never look at it, then hope we’ll have enough saved up when it’s time to retire. This approach will have you working until you die. In this episode, I discuss the best way to plan and set goals so you can retire when and how...

Duration:00:19:36

Pension Attention Podcast

9/18/2020
Pension Attention is a show dedicated to helping firefighters and police officers take charge of their finances to build a life they love. Your host Brad Barrett is a Managing Director and Partner at One Capital Management, a top ranked independent investment advisory firm managing $2B in assets for clients. He has advised families in the Los Angeles City Fire Department for over 12 years, is an active member in Kingdom Advisors, a biblically based advisory network and holds the certified...

Duration:00:00:33