Retire With Integrity Podcast with Brian Bowen-logo

Retire With Integrity Podcast with Brian Bowen

Markets and Investing

Brian discusses various topics regarding retirement including income, taxes and wealth preservation. This podcast is for anyone who wants to be prepared when they are ready to retire.


United States


Brian discusses various topics regarding retirement including income, taxes and wealth preservation. This podcast is for anyone who wants to be prepared when they are ready to retire.






Mailbag: Tax Strategies, Charitable Lead Trusts, and More

When you’ve made your small business both your livelihood and retirement plan, there’s a lot to sort out when you’re ready to sell it. Brian answers a question from the mailbag from someone ready to wash his hands of owning and running a storage facility. What can he do to avoid a big tax bill? Here are the questions Brian answers on today’s show: Mailbag: Ready to sell a storage unit facility, but how can I limit my taxes? (0:20) Mailbag: What should I know about a charitable lead trust? (12:04) How do I teach the next generation? (19:04) Get Additional Information:


The Most Expensive Tax Mistakes

Are you prone to making these major mistakes when it comes to taxes and overpaying? You have to be looking at your income and looking at your deductions and strategize in order to avoid major tax mistakes. Are you doing everything you can do? One of the keys to cutting taxes is timing. What other strategies should you keep in mind? Here’s what you’ll learn on today’s show: What are the most expensive tax mistakes? (0:12) Pay attention to what you’re going to pay in taxes. (4:28) Realize that the calendar can be used to your benefit. (5:32) Missing depreciation is a big mistake. (8:17) Don’t overlook medical expenses. (15:19) You don’t want to forget about car and truck expenses. (19:56) Skipping a plan for your taxes is a huge mistake. (22:34) Get Additional Information:


Advisor Pet Peeves

We all have things that bother us. What kinds of things bother financial advisors like Brian? In this episode, Brian shares his biggest pet peeves in the financial industry, such as hidden fees, and how he advises his clients about them. He also answers a question from the listener mailbag and sheds light on the private wealth division. Here’s what we talk about on today’s show: Mailbag: What do I do about taxes when selling an apartment building? (0:12) Pet peeve: Hidden fees! (11:34) What qualifies Integrity Financial Planning to work in the private wealth division? (17:19) Get Additional Information:


Grading Your Financial Competency

It’s quiz time! How would you grade your financial competency? Join us as we ask some critical questions when it comes to your finances. Stay tuned and test your knowledge by seeing how many of these questions you can answer! At the end of this episode, Brian will also answer a few questions from the mailbag. Here are the quiz questions as well as two questions Brian answers from the mailbag: Do you know how much you have? (0:29) Do you know how much risk you have? (5:37) Do you know what you’re paying in fees? (8:25) Mailbag: I’m a beneficiary of my sister’s life insurance, but her ex says it should be his. (11:07) Mailbag: Is it true that I need 15-20 times my annual salary saved to retire comfortably? (18:58) Get Additional Information:


Financial Commandments

What financial commandments should you be following? In this episode, we talk through what “thou shall” and “shall not” do when it comes to your finances and retirement planning. Brian shares some client examples of what this can look like and how to stay on the straight and narrow in order to reach your financial goals. But before we jump in, we'll talk through some market predictions, how your net worth could be impacted by the current environment, and what to keep an eye on in the coming months. Stay tuned for some valuable insights and tips for making more informed financial decisions. Here’s what you’ll learn on today’s show: What should high net-worth individuals watch out for the next several months? (0:12) Will the Fed reverse the rate hike? (9:22) Thou shall not compare your investments to the stock market without the proper context. (11:40) Thou shall not give up before giving your strategy enough time. (15:15) Thou shall not chase big returns too late in life. (18:12) Thou shall not ignore costs and fees. (21:30) Get Additional Information:


Mailbag: Should I Sell The Family Farm I Inherited?

One listener recently inherited her father’s farm and an IRA and is thinking about cashing it all out in order to retire. Is this a good plan? In this episode, Brian reflects on some of his own experiences with moving and selling farm property and also shares his philosophy as a financial planner. He's what we'll discuss in this episode: Mailbag: After inheriting the family farm, is there anything wrong with selling it and retiring? (0:12) What is Brian’s financial planning philosophy? (11:33) What happens when people take the right amount of risk? (15:15) Get Additional Information:


Tax-Efficient Investing

When you meet with a financial advisor are they addressing your entire portfolio? More than simply IRAs and Roth investments, your advisor should see the whole picture. A major part of the picture is understanding tax-efficient investing. From 1031 exchanges to municipal bonds, you want to make sure to leverage your best options. It’s also important to understand what your life looks like in retirement and how your investments will support that lifestyle. In this episode, Brian answers two questions from business owners trying to understand their best options moving forward. Here’s what we cover on today’s show: What are tax-efficient investments? (0:13) A 1031 exchange could be a good option. (2:52) What can you do with real estate when in retirement? (5:56) Mailbag: Will selling my business provide enough income in retirement? (11:37) Mailbag: What should I do about my inherited pizzeria business? (18:26) Get Additional Information:


Minimizing Taxes In Retirement

What if you could reduce one of your biggest expenses? For some, taxes are a major expense, so it’s vital that you are strategic about your taxes, both now and in the future. If your tax rate is in the high 20s and 30s, that bill could amount to a high portion of your total costs. In this episode, Brian talks through several strategies people consider when it comes to minimizing taxes and whether you should incorporate them into your financial plan. Here’s what you’ll learn on today’s show: How can you reduce your biggest expense? (0:12) Should you max out retirement accounts? (11:44) What is a back-door Roth? (12:34) Should you contribute to an HSA? (15:36) Is it worth contributing to a 529? (16:30) How should you use charitable gifting strategies? (17:58) There’s a new lottery winner in Virginia. (19:45) Get Additional Information:


Frequently Asked Financial Questions

What does it mean to be an accredited investor? Brian talks about what’s required and what it looks like if you qualify. The options are different for an accredited investor, which has come up for some of his clients in need of creative solutions such as a 1031 exchange. Another question is, are reverse 1031 exchanges legal? Later in the show, Brian shares about helping his clients through a 1031 exchange. Here’s what you’ll learn in today’s show: What is the role of an accredited investor? (0:21) Are reverse 1031 exchanges legal? (9:45) Do I need to save more for retirement to maintain my lifestyle? (12:49) What client examples does Brian have about 1031 exchanges? (19:36) Get Additional Information:


Hindsight is 20/20: Avoiding Financial Mistakes in Retirement

Knowing what we know now, past decisions might have been made differently. As the saying goes, hindsight is 20/20. When it comes to investing money, you don’t want to make detrimental mistakes that will leave you wishing you’d made different decisions in the past. In today’s episode, we’ll discuss why you shouldn’t take the same financial risks in retirement as you might have in your 30s and 40s. Here’s what we’ll discuss on today’s show: An example of how investors can make emotional decisions. (0:30) Not realizing how much risk you had moving into retirement. (5:33) Wishing you waited to take Social Security options. (6:40) Mailbag: Can I do a 1031 exchange? (10:50) New major business coming to Virginia. (18:13) Get Additional Information:


Cleaning Out Your Financial Closet

Are you ready for some spring cleaning? More than just your closet or garage, you might want to assess what’s in your financial closet. You might not want to address everything in there, but it would be wise to review it with your advisor. We’ve all made bad financial decisions, you just have to learn from them. In this episode, Brian shares some tips on how to clean up your financial closet. Here’s what you’ll learn on today’s show: Visiting with a financial advisor is like opening up a financial closet. (1:39) Why Brian enjoys the process of organizing financial messes. (5:50) How can you start to begin organizing your financial life? (8:19) Mailbag: Business owner, ready to retire. What now? (11:50) Mailbag: Do I have to take a distribution every year on an inherited IRA? (18:55) Get Additional Information:


The Downsides of a DIY Retirement Plan

From financial plans to home remodeling, it’s common to be tempted to DIY your way there. But should you? When you do it on your own, you may be swayed by emotions or confusion. Financial planning can be complicated. Have you thought about taxes or estate planning or when to withdraw and from where? Having a financial advisor can help navigate those emotions and decisions so you can feel more at ease. From retirement income to tax strategies on an investment property, Brian shares what options you might have. Here’s what you’ll learn on today’s show: Why shouldn’t you plan retirement by yourself? (0:12) What having a pension can look like. (4:06) Tax planning plays a key role in financial planning. (7:42) Is there such thing as guaranteed income in retirement? (11:14) Bonds are more predictable but still not guaranteed. (15:47) Mailbag: What do we do about the taxes on selling our lake house? (18:46) Get Additional Information:


Mailbag: What Do I Need to Know To Sell a Business and Retire?

If you are a small business owner (or want to be), there are a lot of financial decisions you have to make. From investing in the right industries to knowing how to sell the business when you are ready to retire, a good financial advisor can point you in the right direction. Brian answers three questions from the mailbag that cover selling a business, being strategic about your business taxes, and learning more about real estate investment trusts vs. owning real estate. Here’s what you’ll hear on today’s show: · Mailbag: What should I know about selling a business to retire? (0:12) · Mailbag: Where do we begin with business taxes and depreciation? (11:11) · Mailbag: What is real estate investment trust? (18:07) Get Additional Information:


On the House: Real Estate and Tax Strategies

There are a number of common questions that come up around owning a home. From paying off the mortgage quick to selling off several acres of land, Brian shares what you need to know about this important asset. You may be surprised to learn how important your tax strategy is when it comes to real estate investments. Here’s what you’ll hear on today’s show: Should I try to pay off my home quickly? (0:27) Your first call should be to a financial planner before a realtor before selling major real estate. (2:21) Tax strategies can impact your financial decisions about selling real estate. (4:35) How has Brian helped women navigate becoming a widow from a financial standpoint? (11:31) Mailbag: Should I have all my investment, taxes, and legal documents all handled by the same firm? (19:34) Get Additional Information:


The Five D’s To Prepare For in Business

When you own a business, you have a lot to care for. While you’re busy juggling everything to keep the business going, you might be overlooking these five dangerous things that can leave you in a lurch should you one day face them. Instead of winging it, make a plan and prepare for the possibility of one of these five things: divorce, disability, distress, disagreement, and death. You might not know when you’ll exit the business if one of these things come up, so make a transition plan now to protect what you’ve built. Here’s what you’ll learn on today’s show: What are the five D’s that challenge business owners? (0:21) How can you better prepare? (4:30) What happens when a spouse inherits the business after a death? (8:20) Mailbag: What can we do about capital gains taxes before moving? (12:31) How you can others with charitable giving. (19:52) Get Additional Information:


What is a CEPA? Learn How They Help Business Owners

Brian Bowen has his Certified Exit Planning Advisor (CEPA) designation, which means he’s in a unique position to advise busines owners in that transition process out. So many things could go wrong and a CEPA can be a huge asset to you, your family, and your future. In this episode, we’ll talk about the role the CEPA plays in the process and the decisions that need to be made during this exit process. If you’re a business owner and haven’t started thinking about retirement, this episode should be very valuable. Here some of what we discuss today: · What is a Certified Exit Planning Advisor? (0:46) · An example question from the CEPA exam. (6:00) · A Yogi Berra quote that applies to financial planning. (10:31) · “A nickel ain’t worth a dime anymore.” (15:19) Get Additional Information:


Answering Your Real Estate Investing & Tax Questions

Real estate can be a very lucrative investment but it can also be an extremely difficult piece of the portfolio to manage. There are highs and lows to real estate, but like everything else in the financial planning world, it may or may not be a good tool for you. In this episode, we have two great questions to answer that deal with managing real estate investments and the taxes associated with them. Brian will break down both of the questions and work through the process he would typically take to help someone determine an answer. Here are the questions Brian answers today: · Mailbag question about minimizing taxes on real estate investments. (0:15) · Mailbag question on whether investing in an apartment property is worth it. (8:17) Get additional financial resources here:


Mailbag: How Can I Save on My Taxes?

With tax season upon us, you might be wondering what areas you can save on with your taxes. The goal is to keep as much of your own money as possible and proper planning can help you accomplish that. Today we'll answer two questions from the mailbag about taxes. Here are the questions Brian answers today: (0:17)(3:09)(6:42) Get Additional Information:


Investing Like a Genius

What does it mean to invest like a genius? We talk about the common characteristics among intelligent people and how you can apply those characteristics to your investing strategies. Then, Brian answers two questions from the mailbag about money in retirement. Here’s what we discuss on today’s show: (0:42)(2:52)(6:52)(10:49)(17:47) Get Additional Information:


Financial Resolutions for 2023

How are your resolutions doing so far? If you haven’t made any yet or have dropped the ones you started, maybe it’s time to pick up some financial resolutions. Brian talks about what you’ll want to do to get the year started off right. Then we talk about some things that happen in life, good and bad, and how to prepare for them financially. Here’s what we discuss on today’s show: (0:12)(4:12)(5:59)(11:04)(12:32)(15:09)(18:19) Get Additional Information: