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If you are planning for, or living in, retirement…this is the show for you. Understanding the big picture is critical for a successful retirement. Whether or not your retirement is a success may depend on how well you planned when connecting the dots of your legal, tax and financial plan. In this show, we’ll dig beneath the surface and discuss how you should apply this planning with your hosts- attorney John Ross and financial planner Devin Carroll.

If you are planning for, or living in, retirement…this is the show for you. Understanding the big picture is critical for a successful retirement. Whether or not your retirement is a success may depend on how well you planned when connecting the dots of your legal, tax and financial plan. In this show, we’ll dig beneath the surface and discuss how you should apply this planning with your hosts- attorney John Ross and financial planner Devin Carroll.
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United States

Description:

If you are planning for, or living in, retirement…this is the show for you. Understanding the big picture is critical for a successful retirement. Whether or not your retirement is a success may depend on how well you planned when connecting the dots of your legal, tax and financial plan. In this show, we’ll dig beneath the surface and discuss how you should apply this planning with your hosts- attorney John Ross and financial planner Devin Carroll.

Language:

English

Contact:

903-793-4014


Episodes

#076: What We Wish You Knew About REITs

6/11/2018
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Devin and John welcome Brandon Renfro to talk about Real Estate Investment Trusts (REIT). A REIT is a packaged investment product, like a mutual fund, that is invested in real estate related assets. There are a couple of different types of REITS that you can buy. For more information, visit the show notes at http://www.bigpictureretirement.net/076

Duration:00:28:29

#075: Ways To Pay For College

6/4/2018
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For many, going to college is the goal, but the costs can be overwhelming. If you’re a parent, or a grandparent, you’ve got to be thinking, “How do I keep these children from going into that hole?” John and Devin share ideas and tips for how to make college affordable for you or your children/grandchildren. For more information, visit the show notes at http://bigpictureretirement.net/episode-75-ways-to-pay-for-college

Duration:00:45:49

#074: Part 2 of Using Medicaid to Pay for Long Term Care

5/28/2018
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Devin and John continue the discussion from Episode 73: The Right Way To Qualify for Medicaid for Long-Term Care Single person: you can have a house, you can have a car, you can have your funeral paid for, you can have $2,000. How can you bring your assets down below the $2,000 limit? There are quite a few good options. Now, if you're part of a married couple, you have a different set of issues. As you can see, this stuff is really complicated. For more information, visit the show...

Duration:00:38:21

#073: The RIGHT way to use Medicaid to pay for Long Term Care

5/21/2018
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What is the right way to qualify for Medicaid for long-term care expenses? Listen in as John and Devin discuss Medicaid eligibility factors, non-countable assets, and what - if anything - needs to be done with assets now to possibly protect these assets down the road. For more information, visit the show notes at http://www.bigpictureretirement.net/073

Duration:00:50:39

#072: Should You Be Investing In Individual Stocks?

5/14/2018
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Warren Buffett made a bet, that came to be known as Buffett’s bet, that the S&P 500 would outperform any basket of hedge funds in the next 10 years. It started on the 1st day of January 2008, and was supposed to conclude at the end of 2017. If you look the final results, the S&P annualized gain was 7.1%, which is impressive considering that this challenge started during a terrible time in the market. The group of hedge funds didn’t even earn an average of 2.1% during that period of...

Duration:00:43:49

#071: The Dangers of Chasing Dividends with Andrew Comstock

5/7/2018
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This idea of dividends sounds good, but chasing yield often ends badly. Dividends aren't guaranteed, but having the right balance for your situation can benefit you when it comes to dividend-paying stocks. Learn what a dividend is and what to look out for when looking at dividend stocks at http://www.bigpictureretirement.net/071

Duration:00:19:59

#070: Does Your Credit Score Matter In Retirement?

4/30/2018
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Is a credit score important while you’re in retirement? That depends on your situation. For some people, maintaining good credit can continue to be valuable. For others, who won’t be doing anything that requires credit, there’s no need consider a credit score when making decisions. Find out more at http://www.bigpictureretirement.net/070

Duration:00:20:39

#069: Is A Target Date Fund Right For You?

4/23/2018
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Managing your retirement savings can require a lot of knowledge and decisions. Lots of folks don’t want to worry about which funds to be invested in, and what asset allocation is best for them. If that sounds like you, a target date fund might be right for you. Each fund is identified with a year, and generally you would be picking a fund that corresponds to the date when you plan to retire. They’re very popular because they are easy. You can just put your money in one fund, and you’re...

Duration:00:24:49

#068: Roger Whitney on Living Well Today While Planning For Tomorrow

4/16/2018
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Devin and John are joined by Roger Whitney, founder of the Retirement Answer Man Podcast and author of the recently released book, Rock Retirement. For more information, visit the show notes at http://www.bigpictureretirement.net/068

Duration:00:19:39

#067: Traditional Insurance vs. Health Sharing Arrangements

4/9/2018
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Devin and John explore one popular alternatives to traditional health insurance: health care sharing arrangements. John has about 20 employees, and he provides health insurance to the employees (but not the families.) This is a high-deductible plan, so the employee still pays $3,000 to $4,000 per year before the insurance kicks in. So, as a general rule, John knows that he (and his employees) will see virtually no benefit from this very expensive coverage. Because a health care sharing...

Duration:00:31:29

#066: Talking Trade Wars With David Stein

4/2/2018
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David Stein, host of the Money For The Rest of Us podcast, will explain the importance of trade, and how the trade, and trade wars, might impact you and your retirement. For more information, visit the show notes at http://www.bigpictureretirement.net/066

Duration:00:27:59

Market Update March 2018

3/30/2018
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Devin brings on special guest Andrew Comstock to talk about what's going on in the market and what we can expect moving forward

Duration:00:09:32

#065: How Facebook and the Aging Population Might Impact Your Retirement Plan

3/26/2018
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The Census Bureau has announced that by 2030, senior citizens (65 and older) will outnumber people aged 18 and under. What will this mean for health care costs and the security of pension plans? John and Devin also talk about a recent app that sold millions of people’s Facebook information. Is this truly a data breach of sorts? For more information, visit the show notes at http://bigpictureretirement.net/065

Duration:00:26:05

#064: Timing The Stock Market, and Protecting Social Security From Nursing Home Bills

3/19/2018
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Each month or so, Devin and John devote an episode to answering listener questions. This week, they’ve picked two great questions submitted by listeners like you. Devin answered this question: “Is this a good time to invest?” John tackled the concern from a listener who asked: “Is there any way I can keep a nursing home from taking my Social Security?” For more information, visit the show notes at http://www.bigpictureretirement.net/064

Duration:00:21:49

#063: Hiring a Tax Advisor | Encore Presentation

3/12/2018
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Not all accountants are created equal. Some are just document processors. They get you in, do your return and send you on your way. Advice? Ha! Others actually care enough to ask the important questions and give you guidance that improves your tax outlook. For more information, visit the show notes at http://www.bigpictureretirement.net/hiring-right-tax-advisor/

Duration:00:44:15

#062: Jacob and Esau | Encore Presentation

3/5/2018
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You’ve probably heard the Biblical account of Jacob & Esau. Hidden within this story is a powerful lesson about estate planning that is still overlooked today. For more information, visit the show notes at http://www.bigpictureretirement.net/episode-002-lesson-from-jacob-esau/

Duration:00:27:26

#061: What’s The Best Age To File For Social Security

2/26/2018
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As you approach your 60s, the hot question becomes, “When should I file for Social Security?” It’s an easy question, right? You just figure out when you’re going to die, and then do the math. Unfortunately, the world doesn’t work like that. Devin points out that the real question should be, “What if I live longer than expected? For more information, visit the show notes at http://www.bigpictureretirement.net/061

Duration:00:26:59

#060: Should You Buy Long-Term Care Insurance?

2/19/2018
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Should I buy long-term care insurance? Should I keep the long-term care insurance I already have? These are important questions, and there are no easy answers. Long-term care is expensive, but long-term care insurance is also expensive. When you start looking at some of the statistics, it can get scary. But thankfully, the statistics don’t show the whole picture. Once you consider all the issues and factors, the big question is managing the risk of needing financial assistance with...

Duration:00:39:59

#059: How Much Are You Paying For Your Investments?

2/12/2018
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How do you figure out how much money you're spending on your investments? In this week's episode, Devin and John talk about the types of fees you might be paying, and how you can figure out what they are. For more information, visit the show notes at http://www.bigpictureretirement.net/059

Duration:00:20:29