Saving With Silverman

Creating a customized retirement plan for any individual can mean addressing some unique challenges. We’ll share some scenarios, discuss the challenges presented and share what solutions we recommend.
 
Read more and get additional resources here: https://silverman-associates.com/saving-with-silverman-podcast  
 
 
What we discuss in this episode:
 
1:53 – Age gap
2:48 – Early retirement
4:06 – Lack of liquidity
5:28 – Separate finances
6:23 – Divorce

What are your thoughts on tax refunds, mortgages, macaroni and cheese and Star Wars? Let’s have some fun today and talk about whether these things are overrated, underrated or properly rated.
 
Read more and get additional financial resources here: https://silverman-associates.com/saving-with-silverman-podcast 
 
What we discuss in this episode:
0:51 – Tax refund
1:44 – Star Wars
2:30 – Paying off mortgage
3:33 – Variable annuities
5:00 – Macaroni & cheese
5:46 – Roth IRAs

If you want a successful retirement, we’re sharing some of the foundational building blocks you need to have in place. For example, is your income plan ready to go?
 
What we discuss in this episode: 
1:15 – Income plan
1:57 – Money that lasts
3:12 – Being unprepared
4:25 – Steps to take
5:38 – Success stories
 
Read more: https://silverman-associates.com/saving-with-silverman-podcast

Today we’re sharing some crucial financial questions. How do you know how much income you’ll need in retirement? Are you taking too much risk on in your investments? We’ll answer these questions and more.
 
What we discuss in this episode: 
0:44 – How much income will you need?
2:03 – How much money in savings?
3:00 – How much life insurance?
4:19 – How much risk
6:06 – Are fees too high?
7:13 – Is an advisor a good fit?
 
Read more: https://silverman-associates.com/saving-with-silverman-podcast

As a financial professional, there are things that Mark wishes everyone knew and understood about the financial industry. Today he’s going to share some of the tricks that sometimes get played and how to spot them.
 
What we discuss in this episode: 
0:56 – Tricks
3:06 – Fees
3:50 – Risk potential
5:13 – Credentials
7:02 – Taxes
 
Read more: https://silverman-associates.com/saving-with-silverman-podcast

Delayed gratification is a difficult skill to master and that’s just as true with financial matters as it is in the other areas of your life. Let’s talk about some instances where you might be faced with a choice of being satisfied now or satisfied later.
 
Read more and get additional financial resources here: https://silverman-associates.com/saving-with-silverman-podcast/ep-46-how-delayed-gratification-can-help-your-finances
 
What we discuss in this episode: 
1:00 – Budget vs. 401k match
2:26 – Deduction vs. tax planning
4:18 – Social Security

Psychologists have determined that retirement is the 10th most stressful event that you can experience in life. Today we’re sharing some ways to proactively deal with that stress.
 
Read more and get additional financial resources here: https://silverman-associates.com/saving-with-silverman-podcast/ep-45-how-to-deal-with-financial-stress-in-retirement 
 
What we discuss in this episode: 
1:06 – Lifestyle changes
2:08 – Retiring earlier or later
3:01 – New challenges
3:53 – Keep options open
4:50 – Sense of perspective

In today’s mailbag, we’re answering your questions. Carl wants to know if he can gift $150,000 to his daughter. Laura wonders what she should do with her money after retirement. And Eddie is debating whether to hire a financial advisor.
 
Read more and get additional financial information: https://silverman-associates.com/saving-with-silverman-podcast/ep-44-mailbag-gifts-to-children-money-after-retirement-hiring-advisors
 
What we discuss: 
0:33 – Gifting money to daughter
2:37 – Roll to an IRA?
4:05 – Hire an advisor?

Let’s talk about some of the red flags that people can look out for when they’re shopping for a financial advisor. Have you ever met with one of these types?
 
Read more and get additional financial information: https://silverman-associates.com/saving-with-silverman-podcast/ep-43-manufactured-anxiety-or-worth-the-worry
 
What we discuss: 
1:00 – Social Security going broke?
2:47 – National debt out of control?
3:34 – Climate change a serious problem?
4:43 – Economy grind to a halt?
5:49 – Stock market crash coming?

Let’s talk about some of the red flags that people can look out for when they’re shopping for a financial advisor. Have you ever met with one of these types?
 
Read more and get additional financial information: https://silverman-associates.com/saving-with-silverman-podcast/ep-42-red-flags-with-questionable-advisors
 
What we discuss: 
0:51 – Hammer
2:51 – Oxygen hog
3:55 – Car trunk
5:39 – Empty suit
6:41 – Non-answerer
8:48 – Just give us your money