Saving With Silverman
Welcome to ’Saving With Silverman,’ the ultimate guide to building your wealth and securing your financial future. Hosted by Mark Silverman, a Certified Financial Planner™ in Tucson, AZ, this podcast demystifies the complex world of investing and financial planning. Whether you’re an investing novice or looking to refine your financial strategy, join us for insightful discussions, advice, and actionable tips to navigate the financial landscape with confidence. Tune in to ’Saving With Silverman’ to empower your financial journey and make smarter, more informed decisions with your money.
Episodes
Thursday Dec 03, 2020
How To Pick The Right Financial Advisor
Thursday Dec 03, 2020
Thursday Dec 03, 2020
On today’s Saving With Silverman podcast, Mark explains how to pick the right financial advisor. Find out why you should invest time in this crucial process.
Read more and get additional financial resources here: https://silverman-associates.com/saving-with-silverman-podcast/ep-20-how-to-pick-the-right-financial-advisor
What we discuss on this show:
1:52 – How to find the right advisor
4:37 - Warning signs
5:53 - When an advisor doesn’t fit you anymore
7:29 – Sticking with the wrong advisor for too long
9:12 - What to look for when choosing an advisor
Thursday Nov 19, 2020
Financial Challenges for Women
Thursday Nov 19, 2020
Thursday Nov 19, 2020
On average, women outlive men and often have more financial struggles later in life. On today’s show we’ll talk about what challenges women face and how to improve their finances.
Read more and get additional financial resources here: https://silverman-associates.com/saving-with-silverman-podcast/ep-19-financial-challenges-for-women
What we discuss on this show:
1:15 – How involved are women with retirement planning?
3:50 – Why do so many retired women have financial problems?
4:44 – Challenges faced by widowed women
6:10 – Recommendations for husbands
7:41 – Mark shares personal stories
Thursday Nov 05, 2020
Five Outdated Financial Strategies
Thursday Nov 05, 2020
Thursday Nov 05, 2020
Just like technology changes and becomes outdated, so does some retirement planning strategies. Let’s look at five financial strategies that have become obsolete.
Read more and get additional financial resources here: https://silverman-associates.com/saving-with-silverman-podcast/ep-18-five-outdated-financial-strategies
What we discuss on this show:
1:21 - The 4% rule
2:04 - The 10/5/3 rule
2:49 - Move money from stocks to bonds as you get older
4:15 - $1 million retirement target
5:14 - You’ll need less money in retirement
Thursday Oct 15, 2020
Can You Afford to Live a Long Life?
Thursday Oct 15, 2020
Thursday Oct 15, 2020
As life spans continue to increase, so does the need for more money later in life. Find out how to plan financially for a long life.
Read more and get additional financial resources here: https://silverman-associates.com/saving-with-silverman-podcast/ep-17-can-you-afford-to-live-a-long-life
What we discuss on this show:
1:48 – Our oldest client
2:50 – Why do we talk about longevity as a risk?
4:22 – Why most people haven’t addressed the issue
5:30 – How to help someone worried about running out of money
6:48 – Our 5-step financial planning process
Thursday Oct 01, 2020
Answers to Common 401K Questions
Thursday Oct 01, 2020
Thursday Oct 01, 2020
Are 401K loans a good idea? What about rollovers? How much should I contribute? Get answers to these and other common 401K questions.
Read more and get additional financial resources here: https://silverman-associates.com/saving-with-silverman-podcast/ep-16-answers-to-common-401k-questions
What we discuss on the show:
0:40 – 401K advice from company reps
1:47 – 401K loans
2:46 – 401K rollovers
3:49 – Target date funds
4:39 – How much should I contribute?
5:54 – Roth vs. Traditional
7:06 – Contact Mark
Thursday Sep 17, 2020
The Importance of Tax Planning
Thursday Sep 17, 2020
Thursday Sep 17, 2020
Let’s talk about tax planning. The subject seems to get ignored by a lot of advisors. We explain why it’s an important conversation to have.
Read more and get additional financial resources here: https://silverman-associates.com/saving-with-silverman-podcast/ep-15-the-importance-of-tax-planning
What we discuss on the show:
2:42 – Roth conversions
3:41 – Social security
5:00 - Required minimum distributions
5:57 – National debt
6:59 – Higher taxes are inevitable
7:52 – Get in touch with Mark
Thursday Sep 03, 2020
What are the Tax Consequences of Different Accounts?
Thursday Sep 03, 2020
Thursday Sep 03, 2020
Different accounts have different types of tax consequences. We’ll explain the advantages and disadvantages of the accounts and how you use them.
Read more and get additional financial resources here: https://silverman-associates.com/saving-with-silverman-podcast/ep-14-what-are-the-tax-consequences-of-different-accounts
What we discuss on this episode:
0:49 – Tax-deferred accounts
1:53 – Tax-free accounts
2:46 – Taxable accounts
3:42 – CDs
4:21 – Life insurance
5:11 – Meet with Mark
Thursday Aug 20, 2020
Creating Predictable Income in Retirement
Thursday Aug 20, 2020
Thursday Aug 20, 2020
What will it take to keep up with your lifestyle and goals in retirement? Income! What are some sources of predictable retirement income and what should you do with it? Let’s explore a topic that everyone feels strongly about.
Read more and get additional financial resources here: https://silverman-associates.com/saving-with-silverman-podcast/ep-13-creating-predictable-income-in-retirement
On today's show:
1:12 - What retirement incomes do people assume are predictable?
2:43 - Is there really such a thing as “guaranteed income”?
3:45 - What does it look like when you rely too much on the stock market?
4:39 - What do you do with inflation?
5:39 - How is a reliable income possible to achieve?
Thursday Aug 06, 2020
Everybody Just Calm Down
Thursday Aug 06, 2020
Thursday Aug 06, 2020
Maybe it’s too many months of quarantine, too much cable news or too much social media, but people have a lot of anxiety right now. Mark explains why you should just calm down.
Read more and get additional financial resources here: https://silverman-associates.com/saving-with-silverman-podcast/ep-12-everybody-just-calm-down
On today's show:
0:46 – Question 1: Money in the bank?
2:36 – Question 2: Money in the market?
3:51 – Question 3: Pay more for a vacation?
5:50 – Question 4: Buy gold?
6:55 – Question 5: Collect social security?
Thursday Jul 16, 2020
What Happens With Your Money After the Death of a Spouse?
Thursday Jul 16, 2020
Thursday Jul 16, 2020
While it’s easier to pretend you won’t have to worry about it, one day you or your spouse will pass away. What happens to your financial plan and assets when it does?
Read more and get additional financial resources here: https://silverman-associates.com/saving-with-silverman-podcast/ep-11-what-happens-with-your-money-after-the-death-of-a-spouse
Today's show schedule:
0:46 - What is someone most concerned about financially after losing a spouse?
2:52 - What are the immediate challenges after one spouse passes away?
3:52 - You may have a major reduction in income.
5:47 - What does it look like to be in a bad position after a spouse dies?
7:07 - What’s an example of someone who was left in a good place financially?