Tag: Financial Literacy

“Should I Own Gold?” (Ep. 20)

“Should I Own Gold?” (Ep. 20)

Gold is in the headlines again. 

Prices are higher this year, we see gold ads on TV, and fear-based marketing may be convincing more retirees to convert their savings into precious metals. But is gold truly as safe as it’s perceived to be, or are investors falling for glitter over substance?

Dan Reese delivers a calm, factual look at the emotional and financial realities of gold investing. From physical bars to ETFs, Dan explains the pros, cons, and costly surprises many people overlook, especially when they’re acting out of fear.

Here’s what to expect:

  • The emotional appeal of gold and how it’s used in marketing
  • Why physical gold may cost more than you think to buy, sell, and store
  • How gold ETFs could offer a simpler, lower-cost option
  • Why timing, taxes, and diversification matter more than hype
  • And more!

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Avoiding Common Retirement Blunders (Ep. 5)

Avoiding Common Retirement Blunders (Ep. 5)

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!

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