What are the highs and lows of early retirement? We’re exploring whether it’s everything it’s cracked up to be and the steps needed to make it work for you.
Join Dan Reese from Avery Wealth as he delves into the pros and cons of early retirement. They discuss the allure of having more control over your time and the potential pitfalls that can trip you up. From understanding longevity risks to healthcare gaps and tax implications, this episode aims to provide a balanced perspective on retiring ahead of the traditional timeline. Dan also shares real-life client stories, offering insights into the emotional and financial preparations necessary for this life stage.
What drives your investment decisions—logic or emotion?
In this episode of Ramp Up Your Retirement, Dan Reese of Avery Wealth explores how political emotions can influence investor behavior and market perceptions. From election-year anxiety to partisan-driven reactions, Dan unpacks why it’s essential to stay grounded and stick to a long-term plan, regardless of who’s in office.
Dan discusses:
How emotions play into investment decisions. (00:01:36)
The rational behavior of markets in the long term. (00:02:46)
The dangers of reacting to political shifts in investment strategies. (00:03:56)
Real-world examples of market reactions post-elections. (00:07:18)
Strategies to stay the course during market volatility. (00:14:45)
What does it take to help ensure your wealth supports your family and favorite causes even after you’re gone?
In this episode, Dan Reese CFP® discusses the critical aspects of estate planning, focusing on inheritance and the importance of communication. Discover why talking about money with family isn’t as taboo as you might think and learn ways you can make these conversations more frequent and meaningful. Dan walks through traditional practices and innovative solutions, like family meetings and donor-advised funds, showcasing the power of teamwork in pursuing a legacy that aligns with your values.
Dan covers:
(02:29)The necessity for open and frequent communication about financial plans
(06:41) The strategic incorporation of philanthropy into your estate plans
(08:26) The importance of regular reviews and updates to your estate plans
(10:27, 13:34) Insight into estate planning tools like GRATs and ILITs for managing tax implications
The timing of conversations and financial distributions (18:21)
(22:28) Ensuring life insurance policies and beneficiaries are up-to-date
Are you wondering about the top pitfalls to avoid as you plan for retirement? Why do so many retirees end up facing unexpected financial challenges?
Tune in to this episode, where Dan Reese, host of “Ramp Up To Retirement,” invites Senior Wealth Advisor Brent Oliver to discuss eight critical retirement blunders you should avoid.
Together, they shed light on common mistakes like underestimating the true cost of health care, overlooking future tax liabilities, and relying too heavily on Social Security. Brent emphasizes the importance of flexible planning and proactive tax strategies, sharing insider tips to help ensure a smooth financial journey into retirement. Whether you’re five years away or already retired, there’s something for everyone in this insightful episode.
Brent Oliver is a Senior Wealth Advisor based in Jackson, Michigan, with 11 years of experience in the field. As a CERTIFIED FINANCIAL PLANNER™ professional and Senior Wealth Advisor, Brent helps families identify and work towards achieving their financial goals. His comprehensive approach to wealth management helps families identify where they are today, where they want to be, and what gaps might prevent them from achieving all that is important to them. He has the heart of a teacher and works with clients to ensure they understand why strategies are being employed and how they can help families reach their goals.
What can a well-thought-out tax strategy do for your retirement?
In this episode, Dan Reese delves into the crucial topic of tax planning, a subject that can significantly impact your financial future. Dan guides listeners through key strategies to help optimize tax outcomes, from tax loss harvesting to the advantages of 529 plans and health savings accounts. He sheds light on Roth conversions and charitable giving, offering practical advice for effective tax management. Dan brings clarity to complex topics, ensuring listeners are well-prepared for tax season and beyond.
Dan discusses:
(04:00) Tax loss harvesting and its benefits
(07:20) The role of 529 plans in education savings
(11:28) Health savings accounts (HSAs) and flexible spending accounts (FSAs)
(16:23) Understanding Roth conversions for retirement savings
(19:29) Charitable giving strategies and qualified charitable distributions
Investors should also consider whether the investor’s or beneficiary’s home state offers any state tax or other benefits available only from that state’s 529 Plan. Any state-based benefit should be one of many appropriately weighted factors in making an investment decision. The investor should consult their financial or tax advisor before investment in any state’s 529 Plan.
Converting from a traditional IRA to a Roth IRA is a taxable event.
What does “back to basics” mean for your financial planning?
In this episode, Dan Reese sits down with Senior Wealth Planner Brent Oliver to explore the foundational aspects of financial planning in their “Back to Basics” series. They discuss practical, actionable tips that help simplify the wealth management process, especially in today’s overwhelming financial world. Tune in to learn how to better identify your financial goals, prioritize budgeting at every life stage, and understand the power of compounding returns.
Dan and Brent discuss:
(05:06) The importance of setting and prioritizing financial goals
(07:09) Why budgeting is essential at every stage of life
(09:14) Understanding the difference between financial needs and wants
(11:04) How engaging a financial coach can provide accountability and guidance
(19:31) Practical tips on diversifying your financial life beyond just investments
Brent Oliver is a Senior Wealth Advisor based in Jackson, Michigan with 11 years of experience in the field. As a CERTIFIED FINANCIAL PLANNER™ professional and Senior Wealth Advisor, Brent helps families identify and work towards achieving their financial goals. His comprehensive approach to wealth management helps families identify where they are today, where they want to be and what gaps might be preventing them from achieving all that is important to them. He has the heart of a teacher and works with clients to ensure they understand why strategies are being employed and how they can help families reach their goals.
What does a financially healthy year look like month by month?
In this episode, Dan Reese unpacks a whole year’s worth of strategic financial tips to help you navigate 2025 with confidence. From setting clear goals in January to analyzing your health insurance in October, Dan walks you through a manageable monthly game plan for boosting your financial well-being. Whether you’re tackling taxes or reevaluating your subscriptions, there’s a practical step for everyone looking to build a solid financial future.
Dan discusses:
(01:53) Setting achievable financial goals for January
(05:14) Organizing for tax season in February
(08:00) Tracking your net worth in March
(10:14) Navigating tax time and IRA contributions in April
(13:17) Reviewing and managing debt in May
(15:27) Evaluating automatic payments and investments in June
(17:33) Refreshing your budget in July
(18:46) Making crucial financial adjustments in August
(20:29) Portfolio examination in September
(21:36) Health insurance analysis in October
(23:08) Exploring employer benefits in November
(25:17) Ensuring proper liability and insurance coverage in December
What are the biggest financial blunders to dodge as you approach retirement?
In this episode, Dan Reese walks us through some key financial missteps that retirees often encounter and shares tips on how to steer clear of them. From budgeting and unexpected expenses to managing taxes and understanding the nuances of Social Security, Dan lays a foundation for avoiding these pitfalls. You’ll also learn about the importance of incorporating healthcare costs and planning for longevity into your retirement strategy.
Dan discusses:
(02:29) Budgeting beyond the essentials to accommodate unexpected expenses
(05:31) Healthcare costs and planning for inflation in retirement
(09:57) Factoring in taxes into financial decisions and avoiding costly missteps
(13:48) The impact of early retirement – planned or unplanned
(20:05) Planning for longevity to ensure you don’t outlive your savings
(23:03) Utilizing Social Security and maximizing benefits
(26:21) Required Minimum Distributions (RMDs) and integrating tax planning
Tune in for actionable insights and practical advice that can help you steer clear of pitfalls and secure a smooth, stress-free retirement. Don’t miss out on this crucial episode that every prospective retiree should hear!
Making sound financial decisions requires a solid foundation. One of the pillars of that foundation is choosing the right financial advisor.
Selecting the ideal advisor for your unique financial goals and philosophies can change your financial future in the best way possible.
But how can we know who is the correct one? What questions can we ask?
In this episode, Dan Reese provides insights into the questions clients can ask, both before and after partnering with a financial advisor, as open and honest communication is one of the key fundamentals when establishing a fruitful and lasting relationship.
Dan discusses:
The significance of open and honest communication between clients and financial advisors
The nuances of a financial advisor’s fiduciary duty and how to verify their commitment to your best interests
Professional designations like CFP and why they matter
Key indicators that may help you identify if an advisor is right for you
The various compensation models employed by financial advisors
Insights into the ongoing client-advisor relationship and the importance of regular communication and transparency
The opinions voiced in Ramp Up to Retirement with Dan Reese are for generalinformation only and are not intended to provide specific advice or recommendations for any individual. To determine what may be appropriate for you, consult with your attorney, accountant, financial or tax advisor prior to investing. Guests on the show may not be affiliated with CWM, LLC. Views and comments by guests may not be representative of CWM, LLC. Investment advisory services offered through CWM, LLC, an SEC Registered Investment Advisor. Carson Partners, a division of CWM, LLC, is a nationwide partnership of advisors.
Because the host requests a review, include this disclosure: Reviews received may or may not be from a verified client, and as such may or may not reflect real-life experiences of individuals who used CWM, LLC or Avery Wealth services. Individual results vary, and CWM, LLC does not claim, nor should the listener assume, that any individual experience recounted are representative of what anyone using our services may experience.
Did you know that starting your retirement planning five to ten years in advance could make a substantial difference in your financial stability?
In this episode, Dan Reese sits down with Brent Oliver, Senior Wealth Advisor at Avery Wealth, to dive into the importance of starting retirement planning early, the value of understanding your personal goals, and the impact of a fiduciary relationship. Brent shares his unique path into the industry and underscores the importance of personal values in financial planning. With a rich history of collaboration and a shared passion for helping clients achieve their financial goals, Dan and Brent offer a wealth of insights on the importance of starting your retirement planning early, tax efficiency strategies, and the value of aligning your investments with your personal values.
Tune in to learn about the intricacies of retirement planning and how you can set yourself up for a financially secure future.
Dan and Brent discuss:
Meet Brent Oliver, learn about his background, and discover his passion for helping families achieve their financial goals
Why it’s beneficial to start planning five to ten years before retirement
The impact of tax strategies on retirement savings
How understanding personal values can significantly impact your financial decisions and overall peace of mind
Brent Oliver is a Senior Wealth Advisor based in Jackson, Michigan with 11 years of experience in the field.
As a CERTIFIED FINANCIAL PLANNER™ professional and Senior Wealth Advisor, Brent helps families identify and work towards achieving their financial goals. His comprehensive approach to wealth management helps families identify where they are today, where they want to be and what gaps might be preventing them from achieving all that is important to them. He has the heart of a teacher and works with clients to ensure they understand why strategies are being employed and how they can help families reach their goals.
A graduate of Central Michigan University with a Bachelor of Science degree in business administration, Brent earned the CFP® professional designation at Kaplan University. He adheres to the CFP® Boards Professional Code of Ethics and continuing education requirements. He’s also an active member of the Financial Planning Association.
Brent and his wife, Shannon, live in Jackson, Michigan. They have three sons, Easton, Cortland, and Isaac, and one daughter, Isabel. He is the Treasurer for the Western School District Board of Education. Over the years, Brent has served as the Director of Baseball for Western Youth Little League and also volunteered as a coach for numerous youth football, basketball, and baseball teams. Outside of work, he enjoys spending time with family, playing golf, fishing, swimming, and cycling.
Disclosure
The opinions voiced in Ramp Up to Retirement with Dan Reese are for generalinformation only and are not intended to provide specific advice or recommendations for any individual. To determine what may be appropriate for you, consult with your attorney, accountant, financial or tax advisor prior to investing. Guests on the show may not be affiliated with CWM, LLC. Views and comments by guests may not be representative of CWM, LLC. Investment advisory services offered through CWM, LLC, an SEC Registered Investment Advisor. Carson Partners, a division of CWM, LLC, is a nationwide partnership of advisors.
