Are you worried about a recession or excited about a bull market? On this episode  Steve cuts through the noise and discusses navigating the current market, Social Security optimization, and the key questions to ask when choosing a financial advisor. You'll also learn ways to help avoid costly mistakes when rolling over your 401k! Get your FREE Retirement Income Plan TODAY!  See omnystudio.com/listener for privacy information ..read more

Learn why delaying Social Security could lead to significant increases in your benefits and discover strategies to help make the most out of your retirement planning. Steve provides valuable advice on spousal benefits and explains ways to navigate the complexities of Social Security optimization. In addition, delve into the fascinating world of financial social media as Steve discusses the implications of sharing personal information online. From initial meetings with financial advisors to comprehensive retirement planning, Steve offers experienced guidance to help you achieve financial confid ..read more

In this episode, we delve into two critical topics: Social Security and airline passenger rules. Did you know that a recent poll revealed shocking statistics about Social Security knowledge among near retirees? With 41% failing a basic Social Security quiz, it's evident that understanding this crucial retirement benefit is more important than ever. Join us as we uncover the fundamental facts about Social Security and explore strategies for optimizing your benefits. From knowing the optimal age to claim benefits to understanding survivor benefits and tax implications, we provide actionable insi ..read more

In this episode, Steve explores the critical topics of long-term care expenses and protecting investments amidst market volatility. Discover the staggering variations in long-term care costs across different states and gain insights into why planning for this inevitable expense is vital. Steve shares personal experiences that led him to prioritize long-term care planning, emphasizing the importance of building comprehensive strategies rather than relying solely on traditional insurance products. Learn about alternative solutions for long-term care, including annuities with chronic illness ride ..read more

Today's big question revolves around the essential document many overlook come April 15th. In a comical yet cautionary tale, we explore the consequences of neglecting tax returns, as hilariously illustrated by a segment from Judge Judy. But beyond the annual chore of filing taxes lies a deeper concern: minimizing tax bills in retirement. Join Steve as he delves into the intricacies of tax planning, drawing from his extensive experience in the accounting world. Steve challenges the conventional wisdom of deferring taxes, highlighting the potential pitfalls of overlooking long-term tax implicati ..read more

With over 12,000 individuals reaching the age of 65 daily, the landscape of retirement is rapidly evolving. In this episode, Steve sheds light on the nuances of Medicare enrollment, offering invaluable insights into navigating the complexities of healthcare coverage during retirement. Steve's expertise extends beyond retirement age demographics to encompass portfolio rebalancing strategies. Addressing common misconceptions surrounding 401(k) plans and IRA rollovers, Steve provides clarity on tax implications and investment diversification. By exploring alternative investment options and person ..read more

Drawing from a powerful anecdote and insights from financial services, Steve emphasizes the necessity of legal documents like wills, trusts, and powers of attorney to ensure your wishes are honored and your loved ones are spared from potential legal turmoil. Additionally, the episode explores Kevin O'Leary's bold assertion that $5 million is the magic number for retirement, prompting a discussion on income planning, tax strategies, and the importance of tailored financial plans. SCHEDULE A QUICK 15-MINUTE CALL WITH AUL FINANCIAL TODAY TO DISCUSS YOUR QUESTIONS ABOUT TODAY'S MARKET! See omnystu ..read more

Steve delves into the startling statistics revealing the impact of divorce on wealth and standard of living, particularly in what experts term "Gray divorce." Through real-life scenarios like Sally's unexpected divorce, Steve highlights the emotional turmoil and financial complexities that accompany such life-changing events. From asset division dilemmas to the intricacies of retirement income planning post-divorce, Steve provides invaluable insights and practical strategies. He emphasizes the importance of seeking professional guidance to ensure fair asset allocation and long-term financial s ..read more

Join Steve as he navigates the complexities of long-term care planning, drawing from personal experiences and industry experience to offer actionable insights and potential solutions. From the sobering reality of out-of-pocket caregiving costs to the importance of comprehensive planning, Steve addresses common misconceptions and helps empower listeners to take proactive steps towards financial security. Delving into topics such as traditional long-term care insurance, alternative coverage options, and the impact of inflation on retirement expenses, Steve provides practical guidance to help lis ..read more

Join Steve as he discusses the remarkable story of Magic Johnson, whose diverse investments catapulted his wealth far beyond his earnings from basketball. Discover practical strategies for replacing your paycheck in retirement, even if you don't have Magic Johnson's financial resources. Steve shares real-life examples and explains three key approaches to bridging the income gap during retirement, including utilizing the 4% rule, building a dividend or bond portfolio, and leveraging fixed indexed annuities with income riders. As concerns about market volatility loom, Steve addresses the pr ..read more