Wednesday Wisdom - Episode #1

10/11/23 • 21 min

Join Michael Loftus, and Jonathan Bartholomew as they discuss the latest Macro, Markets, and Money.

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Join Michael Loftus, and Jonathan Bartholomew as they discuss the latest Macro, Markets, and Money.

Previous Episode

Ep 13: The Universal Truths in Retirement Planning (Part 2)

Today we’re going to finish up the conversation we started on our last show by running through the last five universal truths in retirement. There isn’t a one-size-fits-all solution for retirement planning, but there are certain truths that can guide every retiree. We have five more in this episode that will juxtapose the individuality of retirement planning with the foundational principles that remain consistent from person to person.

From there we’ll unearth and tackle the unasked and overlooked questions in retirement. These hidden, but essential, questions can help define the comfort and security of your retirement future, but they might be a little harder to find answers for. We’ll bring those questions to the forefront today and help explain how to determine the answers for your plan.

We’ll wrap up today’s show with a few mailbag questions from listeners about mortgages in retirement, will or trust for real estate, and RMD amounts.

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

The final five retirement truths that everyone needs to account for in retirement.
The ‘hidden’ questions in retirement planning that will need to be answered.
Is it still okay to get a mortgage at current rates or should you pay cash if you can?
Do you need a will, trust, or both for leaving rental properties to your children?
Is there any way you can get around the withdrawal amounts for RMDs?

Next Episode

Ep 14: Climbing the Retirement Mountain + Michael’s Ultimate Retirement Mixtape

Ready for an adventure? Think of retirement planning as climbing a mountain. It's not just about the climb up; it's about preparing wisely, tackling the ups and downs, and even planning your way back down. We're talking about setting milestones, dealing with market surprises, and making sure your hard-earned savings last through your entire retirement journey. Join us as we gear up with some smart strategies and insights, making sure you reach the top and enjoy the view.

Plus, Michael reaches back to his days as a DJ to put together the ultimate retirement planning playlist, featuring timeless lyrics that reflect various stages of the planning journey. From setting financial goals to finding purpose in your golden years, this playlist sets the stage for important discussions about crafting your dream retirement.

And finally, we’ll tackle a few financial questions from listeners to close out the show.

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

We’ll talk about how retirement planning is much like climbing a mountain and we’ll make the comparisons to each leg of the journey.
Michael will put together his Ultimate Retirement Planning Mixtape.
Is a short-term loan a good option for a down payment on a home?
Is it worth selling one of your two homes to get into retirement sooner?
Is a 6% withdrawal rate in retirement too much?