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Strategic Planning Podcast

Business & Economics Podcasts

Financial and retirement planning guidance from Mike Flanders of the Strategic Planning Corporation in Colfax, NC. We'll strive to make sure you have a clear view of all the issues that impact your decisions so that you're prepared for your financial future.

Location:

United States

Description:

Financial and retirement planning guidance from Mike Flanders of the Strategic Planning Corporation in Colfax, NC. We'll strive to make sure you have a clear view of all the issues that impact your decisions so that you're prepared for your financial future.

Language:

English

Contact:

9193781410


Episodes

Retirement Planning Is Harder Than It Used To Be

2/22/2024
Every generation likes to talk about how much harder things used to be when they were kids. Like all of the people who used to have to walk five miles to school, in the snow, uphill both ways. But they had at least one thing that was EASIER...and that was retirement planning. Let’s talk about why on today’s episode. Show Links & Info: SPC Investing: http://spcinvesting.com/ Schedule A Visit: https://talkstomike.com/

Duration:00:20:53

How One Overlooked Issue Can Sink Your Retirement

2/8/2024
Imagine your retirement plan as a ship sailing toward a horizon of rest and relaxation. But what if one leak could sink it all? In today’s episode, we spotlight some of the single oversights that could send your dreams to the bottom. We'll share key strategies to plug the gaps, ensuring your financial ship stays buoyant and on course. Tune in to protect your future from the one mistake that could derail everything. Show Links & Info: SPC Investing: http://spcinvesting.com/ Schedule A Visit: https://talkstomike.com/

Duration:00:18:11

Are Your Good Money Habits Holding You Back?

1/18/2024
This episode might be a bit counterintuitive. We’re going to question the real impact of common financial habits. Are the strategies you consider beneficial actually working in your favor? We explore the pros and cons of practices like ignoring account statements and strict budgeting. Join us for a practical discussion, as we uncover the unexpected effects of everyday money decisions. Are your good money habits holding you back? Show Links & Info: SPC Investing: http://spcinvesting.com/ Schedule A Visit: https://talkstomike.com/

Duration:00:16:53

Biggest Retirement Changes in 2024

1/4/2024
Welcome to the first podcast episode of 2024! In the spirit of the new year, we're taking a look at a Yahoo Finance article about the biggest changes coming for retirement in 2024. We're going to walk through this article together and get Mike's thoughts on how the new year is shaping up. Stay tuned as we chat about interest rates, the Social Security COLA increase, increasing medical expenses, and more! Show Links & Info: SPC Investing: http://spcinvesting.com/ Schedule A Visit: https://talkstomike.com/

Duration:00:18:28

Patience Pays: The Power of Delayed Gratification

12/21/2023
Sometimes it’s hard to make financial sacrifices when the reward might not be seen until several years in the future. Today we’ll talk about some of the situations where you might be inclined to take the immediate benefit, when you should really consider the delayed rewards... Show Links & Info: SPC Investing: http://spcinvesting.com/ Schedule A Visit: https://talkstomike.com/

Duration:00:19:14

End of the Year Planning Considerations

12/7/2023
As 2023 swiftly comes to a close, it's time to make sure that we have our finances in order to properly prepare for the new year. Let’s discuss some of the financial matters that folks should consider addressing before December 31st. From maxing out your retirement contributions to tax loss harvesting, this episode is packed with valuable items to think about! Show Links & Info: SPC Investing: http://spcinvesting.com/ Schedule A Visit: https://talkstomike.com/

Duration:00:18:05

End of Year Financial Planning For 2023 (Part 2)

11/21/2023
We're back to finish unpacking our 2023 edition of key year-end planning strategies for those nearing or embracing their retirement years. We'll explore the nuances of optimizing your investment portfolio, safeguarding your assets, and ensuring a stable, rewarding lifestyle in the years to come. Together, we'll navigate through essential topics like managing RMDs, exploring tax-saving opportunities, and even touch on the often-overlooked emotional aspects of this pivotal life transition. Show Links & Info: SPC Investing: http://spcinvesting.com/ Schedule A Visit: https://talkstomike.com/

Duration:00:21:56

End of Year Financial Planning For 2023 (Part 1)

11/9/2023
Join us for a thoughtful episode where we unpack our 2023 edition of key year-end planning strategies for those nearing or embracing their retirement years. We'll explore the nuances of optimizing your investment portfolio, safeguarding your assets, and ensuring a stable, rewarding lifestyle in the years to come. Together, we'll navigate through essential topics like managing RMDs, exploring tax-saving opportunities, and even touch on the often-overlooked emotional aspects of this pivotal life transition. Show Links & Info: SPC Investing: http://spcinvesting.com/ Schedule A Visit: https://talkstomike.com/

Duration:00:18:48

Money Mistakes You’ll Regret and How to Avoid Them

10/19/2023
"Learn from the mistakes of others. You can’t live long enough to make them all yourself.” – Eleanor Roosevelt… Ever wish you could foresee financial missteps before they happen? On today’s episode, explore some real-life stories of regret and arm yourself with the essential dos and don'ts to ensure your money works for you, not against you. Show Links & Info: SPC Investing: http://spcinvesting.com/ Schedule A Visit: https://talkstomike.com/

Duration:00:17:34

Retirement Planning’s “Hidden” Questions

10/5/2023
The retirement planning world is filled with plenty of advice and suggestions, but there are critical questions lurking in the shadows – the unasked, the overlooked. These are the questions that can help define the comfort and security of your retirement future. On this episode, we unearth and tackle these hidden, but essential questions about retirement. Show Links & Info: SPC Investing: http://spcinvesting.com/ Schedule A Visit: https://talkstomike.com/

Duration:00:20:33

Are There Universal Retirement Truths? PART 2

9/28/2023
Retirement is a unique journey for each of us. The thought that there's a one-size-fits-all solution is a myth, but what if we told you there are certain universal truths that can guide every retiree? Dive deep in this episode, where we juxtapose the individuality of retirement plans with the foundational principles that remain consistent across the board. This is part 2 of a 2-part series. Show Links & Info: SPC Investing: http://spcinvesting.com/ Schedule A Visit: https://talkstomike.com/

Duration:00:21:55

Are There Universal Retirement Truths? PART 1

9/14/2023
Retirement is a unique journey for each of us. The thought that there's a one-size-fits-all solution is a myth, but what if we told you there are certain universal truths that can guide every retiree? Dive deep in this episode, where we juxtapose the individuality of retirement plans with the foundational principles that remain consistent across the board. This is part 1 of a 2-part series. We're also joined on this episode by special guest, Phillip Corson. You can learn more about Philip at https://www.planningyourlegacy.com where he assists clients with many of their estate planning and elder law needs. Show Links & Info: SPC Investing: http://spcinvesting.com/ Schedule A Visit: https://talkstomike.com/

Duration:00:20:14

Harvesting Wisdom: The Garden Guide To RMDs

8/31/2023
Imagine your retirement as a flourishing garden, nurtured over the years and ready for harvest. But how do you make the most of this garden without letting it overgrow or facing the penalties of neglect? Dive into the world of Required Minimum Distributions (RMDs) with us, as we explore the art of 'financial gardening.' Learn why the government insists you prune regularly, discover strategies to manage your harvest, and hear real-life tales of financial gardens that thrived with the right care. Whether you're a seasoned investor or just planting your first seeds, this episode offers fresh insights into making the most of your retirement blooms. Show Links & Info: SPC Investing: http://spcinvesting.com/ Schedule A Visit: https://talkstomike.com/

Duration:00:26:18

Do Americans Need a $233K Salary and $1.3 Million For Retirement to Feel “Comfortable?”

8/17/2023
It's no secret that the pursuit of a comfortable life is a central theme in American culture. But what does financial "comfort" truly mean for many Americans? According to a Bankrate survey, many feel like they are falling short of what they'll need to feel confident in their retirement years. Join us as we take a look at these results, which show that many Americans think they need a $233K salary and $1.3 million for retirement to feel comfortable. Is this an accurate assumption? Mike will share his thoughts and more in this episode. Show Links & Info: SPC Investing: http://spcinvesting.com/ Schedule A Visit: https://talkstomike.com/

Duration:00:17:21

Understanding the 2023 Social Security Changes, Part 2

7/27/2023
Welcome back to the Strategic Planning Podcast! In this episode, we're jumping back into part two of Mike's recent webinar. In it, Mike explores the critical Social Security and RMD (Required Minimum Distribution) updates for 2023 that you don't want to miss. Whether you're planning for retirement or looking to optimize your current Social Security strategy, tune in to stay up-to-date on the changes taking place. Show Links & Info: SPC Investing: http://spcinvesting.com/ Schedule A Visit: https://talkstomike.com/

Duration:00:33:30

Understanding the 2023 Social Security Changes

7/13/2023
In this episode, we're going to listen to a recent webinar that Mike recently put on that covers the key Social Security updates for 2023. In it, he discusses the complex landscape of COLA increases, the earnings test threshold, Social Security payroll taxes, Medicare Part B premiums, and more. Whether you're planning for retirement or looking to optimize your current Social Security strategy, this episode is a must-listen. Show Links & Info: SPC Investing: http://spcinvesting.com/ Schedule A Visit: https://talkstomike.com/

Duration:00:28:32

Counterintuitive Advice: Why You Should NOT Invest In A 401(k)

6/29/2023
Don’t get us wrong. In many cases, your 401(k) can be your best investment vehicle, offering numerous benefits and tax advantages and many times a 100% return on some of your contributions (also known as an employer match). However, it's important to recognize that it might not always be the optimal choice for everyone. Join us in this thought-provoking episode as we dissect the reasons why someone should NOT invest in a 401(k). Show Links & Info: SPC Investing: http://spcinvesting.com/ Schedule A Visit: https://talkstomike.com/

Duration:00:16:36

Bad Money Habits Could Spoil Your Retirement Party

6/15/2023
Picture this: You're at your retirement party, finally ready to enjoy your golden years, but worries caused by some bad money habits have robbed you of fully enjoying the sweetness of the day. It happens to more people than you think, which is unfortunate because with just a little bit of modification, you can rid some of the worst money habits from your life and set yourself up for retirement success. Tune in to this episode and develop healthy financial habits that pave the way for a secure future! Show Links & Info: SPC Investing: http://spcinvesting.com/ Schedule A Visit: https://talkstomike.com/

Duration:00:21:46

The 5 Biggest Money Mistakes In Retirement Planning

5/18/2023
In the complex world of retirement planning, there are countless pitfalls one could fall into. In this episode, we've distilled it down to what we believe are the top 5 mistakes to watch out for. Avoiding these crucial missteps can have a significant impact on the success of your retirement plan. So, join us as we delve into these key issues and learn how to navigate them effectively when it's your turn to plan for retirement. Show Links & Info: SPC Investing: http://spcinvesting.com/ Schedule A Visit: https://talkstomike.com/

Duration:00:21:48

A Comprehensive Dismantling Of 2023’s Top Social Security Myths, Part 2

5/4/2023
Social Security is often misunderstood and ill-planned for, costing serious lost opportunity for many Americans. Myths, rumors, and misunderstandings are pervasive in the world of Social Security. In this episode, we will finish up our discussion on 5 common misunderstandings about Social Security. Show Links & Info: SPC Investing: http://spcinvesting.com/ Schedule A Visit: https://talkstomike.com/

Duration:00:18:18