Joe Murphy discusses various weather-related events and how they relate to retirement planning.

Wealth Health Radio with Joe Murphy

Wealth Health Radio with Joe Murphy

40:54

Taxes, Voting, Recycling—oh my! After navigating this jungle of grown-up responsibilities together, we're taking a quick summer breather to recharge our adulting batteries. But before we temporarily hang up our responsible pants, join us for this special episode packed with our favorite kernels of wisdom from the season so far AND get an exclusive preview of the fresh adulting adventures awaiting you when Grown-Up Stuff returns in late summer! Think of this episode as your adulting victory lap—complete with confetti and zero paperwork required! See omnystudio.com/listener for privacy information.…

about a year ago 53:11

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Joe Murphy discusses various weather-related events and how they relate to retirement planning. They cover topics such as the risks of retirement, the importance of diversification, the impact of inflation, and the need to plan for long-term care. They also offer advice on how to protect oneself from these risks and provide information on how listeners can get in touch with Joe for further assistance. In this conversation, Joe and Steve discuss the importance of working with a financial advisor and the benefits it can bring. They highlight the accountability, expertise, and access to resources that an advisor provides. Call or text 800-930-5905. Visit MWMFinancial.Tax to learn more.

See omnystudio.com/listener for privacy information.

Chapters

1. Joe Murphy discusses various weather-related events and how they relate to retirement planning. (00:00:00)

2. TEASE BEGINS HERE (NOT DURING SOUND EFFECT) (00:00:01)

100 episodes

Joe Murphy discusses various weather-related events and how they relate to retirement planning.

published about a year ago

MP3•Episode home

See omnystudio.com/listener for privacy information.

Chapters

1. Joe Murphy discusses various weather-related events and how they relate to retirement planning. (00:00:00)

2. TEASE BEGINS HERE (NOT DURING SOUND EFFECT) (00:00:01)

100 episodes

All episodes

1
Joe Murphy discusses the critical tax issues retirees face and offers strategies for tax efficiency, including the benefits of Roth conversions. 52:16

5 days ago52:16

52:16

Joe Murphy discusses the critical tax issues retirees face and offers strategies for tax efficiency, including the benefits of Roth conversions. He emphasizes the importance of understanding retirement income taxation, planning for retirement decisions, and the psychological transition into retirement. The conversation also covers creating multiple income streams, managing 401(k) accounts, and navigating market corrections. Joe provides insights on the role of cash and short-term holdings in retirement stability, as well as strategies for maximizing Social Security benefits and executing Roth conversions effectively. Call or text 800-930-5905. Visit MWMFinancial.Tax to learn more. See omnystudio.com/listener for privacy information.…

1
Joe Murphy discusses the evolving landscape of retirement planning, challenging traditional advice and exploring new strategies. 52:50

12 days ago52:50

52:50

Joe Murphy discusses the evolving landscape of retirement planning, challenging traditional advice and exploring new strategies. He delves into the mortgage payoff myth, the downsizing dilemma, and the implications of the recent Big Beautiful Bill, which offers significant tax benefits for middle-income Americans. Additionally, Joe emphasizes the importance of maximizing 401(k) contributions and provides insights on how to navigate these financial decisions effectively. Call or text 800-930-5905. Visit MWMFinancial.Tax to learn more. See omnystudio.com/listener for privacy information.…

1
Joe Murphy discusses the critical financial red flags that individuals often overlook as they approach retirement. 53:19

26 days ago53:19

53:19

Joe Murphy discusses the critical financial red flags that individuals often overlook as they approach retirement. They explore economic indicators, the impact of interest rate cuts on various asset classes, and the importance of budgeting and planning for retirement. The conversation also delves into the psychological aspects of transitioning into retirement, tax strategies, healthcare planning, and the unique challenges faced by business owners and Gen Xers. The hosts emphasize the need for proactive planning and education to ensure a secure financial future. Call or text 800-930-5905. Visit MWMFinancial.Tax to learn more. See omnystudio.com/listener for privacy information.…

1
Joe Murphy discusses the common financial mistakes that baby boomers make as they approach retirement. 52:31

6 weeks ago52:31

52:31

Joe Murphy discusses the common financial mistakes that baby boomers make as they approach retirement, particularly focusing on Social Security and the importance of strategic planning. He emphasizes the need for a well-thought-out election strategy for Social Security benefits, the impact of taxes on retirement withdrawals, and the significance of understanding how divorce can affect Social Security benefits. Joe provides insights into when it might be beneficial to elect Social Security early and how to maximize benefits for both individuals and their spouses. The conversation highlights the importance of proactive financial planning to ensure a secure and fulfilling retirement. Call or text 800-930-5905. Visit MWMFinancial.Tax to learn more. See omnystudio.com/listener for privacy information.…

1
Joe Murphy discusses the importance of crisis-proofing retirement plans in light of unpredictable events such as market crashes, inflation, and healthcare costs. 52:31

7 weeks ago52:31

52:31

Joe Murphy discusses the importance of crisis-proofing retirement plans in light of unpredictable events such as market crashes, inflation, and healthcare costs. He emphasizes the need for emergency accounts, diversification, and personalized asset allocation strategies to ensure financial security in retirement. The discussion also highlights the impact of inflation on retirement income and the necessity of planning for healthcare expenses, particularly long-term care. In this conversation, Joe Murphy discusses the critical aspects of retirement planning, focusing on healthcare costs, long-term care, and the importance of flexible withdrawal strategies. He emphasizes the need for proactive planning to avoid unexpected financial burdens, particularly in healthcare. Call or text 800-930-5905. Visit MWMFinancial.Tax to learn more. See omnystudio.com/listener for privacy information.…

1
Joe Murphy discusses the often-overlooked assets that can significantly enhance retirement income. 53:06

8 weeks ago53:06

53:06

Joe Murphy discusses the often-overlooked assets that can significantly enhance retirement income. He emphasizes the importance of recognizing hidden financial gems such as life insurance policies with cash value, health savings accounts (HSAs), and collectibles. Joe explains how these assets can bridge income gaps, provide tax advantages, and serve as valuable resources for retirement planning. Through real-life examples and case studies, he illustrates how individuals can leverage these tools to secure a more comfortable retirement. Listener questions provide insights into evaluating investment fees and the importance of strategic financial planning, particularly regarding Roth conversions and annuities. Call or text 800-930-5905. Visit MWMFinancial.Tax to learn more. See omnystudio.com/listener for privacy information.…

1
Joe Murphy discusses essential financial truths for retirement planning. 52:47

9 weeks ago52:47

52:47

Joe Murphy discusses essential financial truths for retirement planning. They emphasize the importance of having a financial plan, understanding the impact of inflation, navigating taxes, and the significance of required minimum distributions (RMDs). The conversation also touches on the need for proper planning to address longevity and the changing economic landscape, encouraging listeners to take proactive steps towards securing their financial future. The conversation also touches on the significance of long-term care insurance and the changing landscape of education and employment. Call or text 800-930-5905. Visit MWMFinancial.Tax to learn more. See omnystudio.com/listener for privacy information.…

1
Joe Murphy discusses the essential elements of retirement planning, focusing on the importance of health and financial peace of mind. 52:42

12 weeks ago52:42

52:42

Joe Murphy discusses the essential elements of retirement planning, focusing on the importance of health and financial peace of mind. The conversation delves into the three main spending phases of retirement: the go-go years, slow-go years, and no-go years, emphasizing the need for strategic planning to navigate these phases effectively. Joe also highlights the trends impacting retirement, including increased longevity and rising healthcare costs, urging listeners to prepare for the unexpected in their retirement journey. Additionally, they raise awareness about the increasing prevalence of financial scams targeting seniors and stress the importance of staying engaged and curious during retirement. Call or text 800-930-5905. Visit MWMFinancial.Tax to learn more. See omnystudio.com/listener for privacy information.…

1
Joe Murphy discusses the impact of market volatility on retirement planning, emphasizing the importance of adapting strategies to ensure financial security. 52:04

13 weeks ago52:04

52:04

Joe Murphy discusses the impact of market volatility on retirement planning, emphasizing the importance of adapting strategies to ensure financial security. He explores the benefits of working longer, the necessity of guaranteed income sources, and the need for dynamic spending adjustments in retirement. The conversation highlights the significance of financial education and proactive planning in navigating the complexities of retirement in today's economic climate. He concludes by evaluating the costs associated with different types of annuities and the importance of working with a financial advisor to navigate these complexities. Call or text 800-930-5905. Visit MWMFinancial.Tax to learn more. See omnystudio.com/listener for privacy information.…

1
Joe Murphy discusses the current economic landscape, focusing on the recent contraction of the US economy and its implications for retirees. 51:07

14 weeks ago51:07

51:07

Joe Murphy discusses the current economic landscape, focusing on the recent contraction of the US economy and its implications for retirees. He emphasizes the importance of understanding sequence of returns risk, especially during market downturns, and highlights the rising costs of healthcare and inflation as significant concerns for retirees. Joe also stresses the necessity of estate planning to ensure a smooth transfer of wealth and to avoid probate issues. Throughout the conversation, he provides practical strategies for navigating financial uncertainty and emphasizes the need for proactive planning. Call or text 800-930-5905. Visit MWMFinancial.Tax to learn more. See omnystudio.com/listener for privacy information.…

1
Joe Murphy discusses the current economic landscape, focusing on recession indicators, consumer behavior, and the importance of stress testing retirement plans. 51:55

15 weeks ago51:55

51:55

Joe Murphy discusses the current economic landscape, focusing on recession indicators, consumer behavior, and the importance of stress testing retirement plans. He highlights quirky economic signals like the lipstick index and cardboard box shipments, emphasizing the need for retirees to adapt their income strategies in a volatile market. Joe also provides insights on investment strategies to combat rising prices, including TIPS and dividend stocks, while stressing the importance of planning for longevity and inflation in retirement. Joe also shares tax strategies that can benefit retirees and stresses the importance of proactive planning to navigate potential economic downturns. Call or text 800-930-5905. Visit MWMFinancial.Tax to learn more. See omnystudio.com/listener for privacy information.…

1
Joe Murphy discusses the implications of tariffs and trade wars on retirement planning. 50:09

17 weeks ago50:09

50:09

Joe Murphy discusses the implications of tariffs and trade wars on retirement planning. He emphasizes the importance of understanding how these economic factors affect everyday expenses and investment portfolios, particularly for retirees. Insights from Jamie Dimon highlight the interconnectedness of global debt and inflation, while Joe stresses the need for proactive financial strategies, including reviewing retirement plans and maintaining cash reserves. The conversation also touches on the significance of having a solid relationship with financial advisors to navigate these uncertain times. Visit MWMFinancial.Tax to learn more. See omnystudio.com/listener for privacy information.…

1
Joe Murphy discusses the impact of tariffs on retirement planning. 50:27

18 weeks ago50:27

50:27

Joe Murphy discusses the impact of tariffs on retirement planning, emphasizing the importance of proactive strategies during market volatility. He reflects on historical market corrections, highlighting opportunities for investors to buy low and the significance of planning for retirement income. Joe encourages listeners to remain calm and consider strategies like Roth IRA contributions and conversions to navigate uncertain financial times effectively. The hosts encourage listeners to take proactive steps to protect their investments and ensure financial stability. Call or text 800-930-5905. Visit MWMFinancial.Tax to learn more. See omnystudio.com/listener for privacy information.…

1
Joe Murphy discusses the significant demographic shift known as Peak 65 53:15

21 weeks ago53:15

53:15

Joe Murphy discusses the significant demographic shift known as Peak 65, where over 4 million Americans are expected to retire annually through 2027. He highlights the challenges retirees face, including a shortage of qualified financial advisors and rising healthcare costs. Joe emphasizes the importance of proactive retirement planning, including strategies like Roth conversions to manage taxes and healthcare expenses effectively. The conversation also touches on the impact of inflation on retirement savings and the necessity of comprehensive financial planning to ensure a secure retirement. The episode concludes with listener questions, providing tailored advice on various financial scenarios. Call or text 800-930-5905. Visit MWMFinancial.Tax to learn more. See omnystudio.com/listener for privacy information.…

1
Joe Murphy discusses the implications of the Japanese carry trade 52:00

22 weeks ago52:00