When it comes to retirement planning, it’s critical that you and your spouse are on the same page. That doesn’t necessarily mean that you’ll agree on every little detail, but it does mean that compromise and honest conversations are a big part of navigating the process together.

Join Lee as he dives into why aligning with your spouse is so important, where disagreements tend to arise, and the key topics you should be discussing. Plus, he’ll share how financial advisors can help couples find financial common ground.

Here’s what we discuss in today’s show:

• Getting on the same page financially with your spouse
• What Lee often sees the first time he meets with a couple
• The most important things to discuss with your spouse when it comes to retirement
• What areas cause the most disagreement
• How Lee helps folks find a financial common ground

Want to set up a meeting with us? Visit us here: http://talkwithjp.com

Get more financial education at http://myretirementclarity.com

Remember the thrill of shaking a Magic 8 Ball to get answers to your childhood questions? Would we ace that math test? Would we be famous someday? Well, today, we're bringing a bit of that magic back. But instead of asking about pop quizzes and playground crushes, we’re turning to the Magic 8 Ball for advice on something much more important: your retirement planning!

What would the Magic 8 Ball have to say about these common retirement questions if it had the wisdom of a financial advisor?

Here’s what we discuss in today’s show:

• Is a million dollars enough to retire?
• Can I rely on Social Security for retirement?
• Should I be reviewing my retirement plan annually?
• Will my retirement plan be affected by future changes in tax laws?
• Should I focus on paying off debt before increasing my retirement contributions?

Want to set up a meeting with us? Visit us here: http://talkwithjp.com

Get more financial education at http://myretirementclarity.com

National Financial Planning Month is here! In this episode, we’ll do a little bit of celebrating as we look at what financial planning truly means, as well as what drew Lee into the field!

We’ll break down what it means to be a fiduciary, how JL Perkins is different from other wealth advisory firms, and what the standard process looks like with us. Lee also shares a key tip to help you avoid starting your financial plan on the wrong foot, along with insights into the work he did before becoming a financial planner.

You don’t want to miss what we have coming today, so pull up a chair and listen in!

Here’s what we discuss in today’s show:

• How Lee got into financial planning, and what he was doing before he started
• How Lee defines financial planning
• What you should have ready when you meet with an advisor for the first time
• What’s different about JL Perkins?
• Not relying on the internet for your retirement advice

Want to set up a meeting with us? Visit us here: http://talkwithjp.com

Get more financial education at http://myretirementclarity.com

A random, retired YouTuber did a simple video exploring the top 5 regrets from other retirees he interviewed (all in their 70s). It blew up to almost half a million views (and counting). Let’s see what regrets made the list and, more importantly, explore what proactive steps you can take to avoid having the same regrets when you retire.

Planning and working with an advisor can make all the difference in addressing these regrets. A financial advisor can help you create a personalized retirement plan that balances your financial goals with your desire for a fulfilling lifestyle. Tune in for some valuable insights to ensure your retirement is everything you hope for!

Here are the regrets we discuss in today’s show:

• They wish they had retired earlier
• They wish they had spent more when they first retired
• They wish they took better care of their health
• They wish they had taken up a hobby
• They wish they had traveled more

Retiree regrets video

https://www.youtube.com/watch?v=mNUSJ3juAbA

Want to set up a meeting with us? Visit us here: http://talkwithjp.com

Get more financial education at http://myretirementclarity.com

Remember when you were a kid, always asking 'How do you know?' about everything, like why the sky is blue or where the sun goes at night? That curiosity doesn't go away as we get older; it just turns into different questions, like the ones we face when planning for retirement.

Today, we’re digging into the 'How Do You Knows' of retirement planning. How do you know how much income you’re going to need when you retire? How do you know if your retirement plan is tax-efficient? Stay tuned as Lee sheds light on these questions and more!

Here’s some of the how-do-you-knows we discuss in today’s show:

• How do you know how much income you’re going to need when you retire?
• How do you know how much money you should have in your savings account?
• How do you know when you're financially ready to retire?
• How do you know if an advisor is a good fit for you or not?
• How do you know if your retirement plan is tax-efficient?

Want to set up a meeting with us? Visit us here: http://talkwithjp.com

Get more financial education at http://myretirementclarity.com

We get a lot of questions about 401(k)s because they can be tricky to navigate. So, in today’s episode, we’re tackling some of the most frequently asked questions about 401(k)s. Tune in for a comprehensive breakdown of what they are, how they work, and how you can make the most of them!

We’ll cover everything from understanding company matches and target date funds to the pros and cons of 401(k) loans and rollovers into IRAs. This is a super informative conversation that you don’t want to miss!

Here’s what we discuss in today’s show:

• Should I use company-provided 401(k) guidance?
• Should I use target date funds?
• When should I take money out of my 401(k) and roll it over into an IRA?
• How should I adjust my 401(k) investments as I get closer to retirement?
• Can I make catch-up contributions to the 401(k)? If so, when?

Want to set up a meeting with us? Visit us here: http://talkwithjp.com

Get more financial education at http://myretirementclarity.com

We’re thrilled to welcome the Mayor of Macon, Lester Miller, to the My Retirement Clarity podcast today! If you’re from the area, you’re familiar with who he is and some of the incredible things that have happened under his leadership. With the reputation of Macon on the rise, we thought it would be fun to discuss some of the key projects that have made the city a must-visit destination.

From the world's largest indoor pickleball facility, Rhythm & Rally, to a vibrant new amphitheater and a revitalized downtown, there's so much happening in Macon- and even more on the horizon. If you want to learn more about the exciting developments in Macon and hear directly from Mayor Lester Miller, this episode is for you!

Here’s what we discuss in today’s show:

• Macon’s recent National recognition and affordability
• The origin story of the Rhythm & Rally Pickleball Facility
• The process of developing the amphitheater + the importance of music in Macon
• Revitalizing downtown and future plans for the mall and more
• Attracting retirees and major companies to Macon
• The overall economic growth and positive outlook for Macon’s future

Learn more about Mayor Lester Miller:

https://maconbibb.us/mayorlestermiller/

Want to set up a meeting with us? Visit us here: http://talkwithjp.com

Get more financial education at http://myretirementclarity.com

With tax rates set to change soon and national debt on the rise, tax planning might be the most critical piece of retirement planning right now. That’s why we wanted to catch up with David Brooks, a renowned tax expert from Omaha, Nebraska. David, who we consider a tax guru, shared invaluable insights into the world of tax strategies, proactive planning, and the future of tax policies.

For those that aren’t as familiar with our current tax landscape, we’ll spend some time on the details of today’s taxes and how to prepare for future changes. With the national debt crossing $35 trillion and interest expenses skyrocketing, it's crucial to anticipate how tax policies might shift post-election. Regardless of political affiliations, we should all be focusing on policy implications and plan accordingly.

Join us as we get into the tax strategies we’re utilizing in 2024 and why this proactive tax planning can really help mitigate tax liabilities in retirement.

Here’s what we discuss in today’s show:

• Our country’s rising debt is becoming a major political issue because it will impact tax policies
• Why we’ve started accelerating Roth conversions for our clients
• Future legislation that might change taxes and the actions you can take now
• Is it a good thing or bad thing that RMD age has moved up to 75?
• Why you should work with an independent financial advisor versus the big box retailers
• The Donor Advised Fund strategy and the most common way we utilize that for retirees

Want to set up a meeting with us? Visit us here: http://talkwithjp.com

Get more financial education at http://myretirementclarity.com

About our guest: https://retiresmartomaha.com/