Not Your Parents' Retirement

11/21/23 • 11 min

Retire With Freedom: Featuring Freedom Financial Group's Toni, Tyler & Tad Hill

Who are you learning from when it comes to making sure your retirement plan is successful? If you’re of the age that your mom and dad retired 20 or 30 years ago, the world was a much different place when they walked away from their paychecks. Let’s talk about how things are different now...

We’ll look at how retirement expenses have evolved, with people today being more active and spending more on travel, hobbies, and healthcare costs. We’ll also discuss how increasing life expectancies, and the absence of traditional pensions are impacting retirement portfolios. Tune in and learn why it is so important to have a tailored plan that suits your unique circumstances, as we unravel the intricacies of retirement planning in the modern era.

Here’s some of what we discuss in this episode:

Today, the cost of retirement can be high, especially with factors like healthcare expenses, travel plans, and increased longevity
The three phases of retirement: The Go Go years, Slow Go years, and the No Go years
The "sandwich generation" may face challenges balancing financial support for adult children and aging parents
Staying active and maintaining a healthy lifestyle in retirement
The impact of not preparing for long-term care expenses

Key Takeaway

“Oftentimes, being retired can be more expensive than when you were working.”

We can assist you on your journey to financial freedom:
https://www.askfreedomfinancial.com/
205.988.0006
Listen to more content:
https://www.askfreedomfinancial.com/in-the-media/#radio

Here’s some of what we discuss in this episode:

Today, the cost of retirement can be high, especially with factors like healthcare expenses, travel plans, and increased longevity
The three phases of retirement: The Go Go years, Slow Go years, and the No Go years
The "sandwich generation" may face challenges balancing financial support for adult children and aging parents
Staying active and maintaining a healthy lifestyle in retirement
The impact of not preparing for long-term care expenses

Key Takeaway

“Oftentimes, being retired can be more expensive than when you were working.”

We can assist you on your journey to financial freedom:
https://www.askfreedomfinancial.com/
205.988.0006
Listen to more content:
https://www.askfreedomfinancial.com/in-the-media/#radio

Previous Episode

Demystifying Financial Jargon: What Advisors Really Mean

If you've ever felt lost or overwhelmed after a financial planning meeting, today's episode is for you! We’re tackling the common issue of financial jargon in the world of investments and retirement planning. Listen in as we decode three examples of financial jargon and remind you that good advisors should be able to break down intricate concepts into terms that everyone can comprehend.

Here at Freedom Financial Group, we prioritize transparency, personalization, and education. We believe in breaking down complex topics, so that you can make the most informed decisions for your unique financial situation. Stay tuned as we unravel the importance of clear communication in the financial industry.

Here are the examples of financial jargon that we discuss in today’s show:

“We’ve experienced a significant market correction this month.”
"We're forecasting a significant upside potential for this stock."
“Your portfolio has a very high alpha and I'm worried about your potential for reverse dollar cost averaging once you start your RMDs.”

Key Takeaway

“People that really know what they're talking about, what they're doing, can make the complicated simple for anybody to understand.”

We can assist you on your journey to financial freedom:
https://www.askfreedomfinancial.com/
205.988.0006
Listen to more content:
https://www.askfreedomfinancial.com/in-the-media/#radio

Next Episode

Overcoming Broken Beginnings: A Look at Grace House Ministries

Neither Freedom Financial Group nor AEWM are affiliated with Pamela Phipps or Grace House Ministries.
If you work with our team or have been a listener for some time now, you might know that we are proud to be involved with several incredible charitable organizations in and around Birmingham. One of those organization is Grace House Ministries, a Christian residential campus for girls in foster care that have faced neglect, abandonment, and abuse. We are honored to be joined by Grace House’s Executive Director, Pamela Phipps, today.

Pamela is here to share more about Grace House’s powerful mission and mentoring programs, how their organization has grown the last 30 years, and a few powerful stories from the program. Tune in to learn more about the beautiful community Grace House has created and how you can volunteer and support these residents in foster care.

Here’s some of what we discuss in this episode:

Some background on Grace House Ministries and how it has grown to 13 properties and serving 40 girls
Two former Grace House girls who overcame challenging backgrounds and now play key roles in the organization
Pamela's background and transition from aspiring lawyer to the Executive Director of Grace House
The music program at Grace House, which serves both as an extracurricular activity and a therapeutic tool
How you can help Grace House Ministries through volunteering, mentoring, and more

Key Takeaway

“Every single girl that walks through our doors have been abandoned, neglected and abused, and they are in DHS custody. So Grace House partners with the HR to give these girls a safe haven and a refuge.”

Learn more about Grace House Ministries:

https://www.grace-house.org/

We can assist you on your journey to financial freedom:
https://www.askfreedomfinancial.com/
205.988.0006
Listen to more content:
https://www.askfreedomfinancial.com/in-the-media/#radio