Saving With Silverman

The Retirement Golf Course

What can the game of golf teach us about retirement planning? How does hitting a hole-in-one correlate to your finances? And how is a caddy like a financial planner?
 
We’ll answer these and other questions on today’s show. If you love golf and getting your money and retirement in order, today’s show is for you.
 
On today’s show, we’ll share:
Why a hole-in-one is not what you want to shoot for in your finances. (1:55)
Why having a lot of clubs in your bag is like having different financial investments. (3:19)
Why you should listen to your caddy, just like you should listen to a good financial advisor. (4:35)
 
For more, visit us online: https://silverman-associates.com/ 

How to Have a Scandal-Free Retirement

If you take a close look at most folks’ financial situations, you’ll find that it’s almost scandalous how badly their financial matters have been handled. Let’s talk about the steps you should take to create a scandal-free retirement.
 
From consumer debt to leaky budgets, we’ll explain what you can change to have a scandal-free retirement.
 
On today’s show, we’ll share:
Why you need to impeach consumer debt, such as credit cards. (1:48)
How to find the leaks in your spending plan and stop them. (2:57)
How to obstruct catastrophic market losses, which can be deadly to your finances. (3:54)
 
For more, visit us online: https://silverman-associates.com/ 

Your First Visit with a Financial Advisor

Some people are nervous about the idea of meeting with a financial advisor because they don’t know what to expect.
 
Will they be sold something they don’t need? Will they be chastised for not handling their money well enough up to that point? We’ll take some of the mystery out of that first visit on this episode.
 
On today’s show, we’ll share:
How to get prepared for your first visit with a financial advisor. (1:37)
Do financial advisors ever have to be stern with their clients? (3:09)
The questions advisors ask clients that they didn’t expect. (4:20)
 
For more, visit us online: https://silverman-associates.com/ 

Are You Flirting With Financial Disaster?

Let’s talk about some of the areas of your financial life where you might be flirting with disaster and don’t even know it. Disaster and retirement are not two words you want to be associated with each other. 
 
Key topics on this episode: 
2:41 – Widowed spouse out of the loop
5:40 – Market crash forces work
7:37 – Family legacies and long-term care
9:16 – Social Security
 
For more, visit us online: https://silverman-associates.com/ 

Cognitive Biases That Could Influence Your Retirement Planning

Cognitive biases are fascinating, especially as it relates to money. Find out what these biases are and how to implement more rational thinking into your financial life.
 
Key topics on this episode: 
0:58 – Self-serving bias
3:05 – Curse of knowledge
4:27 – Dunning-Kruger effect
6:52 – Naïve realism
8:25 – Confirmation bias
 
For more, visit us online: https://silverman-associates.com/saving-with-silverman-podcast 

Financial Proverbs That Can Help You

We made a list of some financial proverbs that we thought might be able to help you in your financial situation. Find out what you can glean from these wise words.
 
Key topics on this show: 
2:39 – Bird in the hand
4:02 – Rising tide
4:38 – Eggs in one basket
5:43 – One man’s trash
 
For more financial information, visit us online: https://silverman-associates.com/saving-with-silverman-podcast 

What Does Retirement Mean to You?

Everyone has a different vision for what retirement will look and knowing how you’ll spend your time will help you build your retirement plan. Today we’ll look at what retirement commonly means to retirees in Arizona and Mark will also share his thoughts on the rise of inflation.
 
Key topics on this episode: 
0:39 – Mark’s thoughts on inflation
2:42 – Want to have nothing but fun
4:23 – Want to do nothing in retirement
6:15 – Want to spend time with family
7:01 – Want to keep working in some capacity
8:26 – Meeting with us
 
For more financial information, visit us online: https://silverman-associates.com/saving-with-silverman-podcast 

Clean Out Your Financial Junk Drawer

Most people have a junk drawer at home with rubber bands, clothespins, highlighters, a tape measure, and a pair of scissors. But most people have a financial junk drawer, too. We’ll share what’s often in there and how those things might be put to better use.
 
Key topics on this show: 
1:52 – Life insurance policy
3:24 – Will or estate plan
4:34 – Social Security estimate
5:26 – 401k statements
6:46 – US savings bond
7:45 – Vacant lot
 
Read more and get additional resources here: https://silverman-associates.com/saving-with-silverman-podcast 

Retirement Details That Often Get Overlooked

Today we’re sharing some details you might be overlooking as you plan for retirement. For example, have you thought about whether you’ll need to support your parents or children? We’ll share more missed details on today’s show.
 
Today's Key Points:
0:43 – Parents and kids
1:47 – Quitting your job
4:25 – Major purchases
5:31 – Death of spouse
 
For additional financial resources, visit us online: https://silverman-associates.com/saving-with-silverman-podcast 

Mailbag: Expecting An Inheritance, Tax Withholdings, And More

Should you retire early If you believe a large inheritance is coming your way? How much tax should you be withholding? Should you buy an investment property with your parents? We’re answering your mailbag questions today.
 
Today's Key Points:
0:36 – Federal crimes
2:00 – Inheritance
3:53 – Withholdings
5:05 – Property with parents
 
For additional financial resources, visit us online: https://silverman-associates.com/saving-with-silverman-podcast