A married couple is seeking advice on hiring the right financial advisor as the wife plans to retire. They are concerned about making a mistake with their $2 million portfolio and want to avoid previous bad advice. The hosts emphasize the importance of finding an advisor who is a good fit and has the client's best interests in mind. They discuss the role of emotions in financial decision-making and the need for a non-emotional, mathematical approach. They also highlight the importance of certifications and expertise in the financial industry. The hosts stress the importance of finding an advisor who is available and responsive to the client's needs. They discuss the concept of fiduciary responsibility and the potential conflicts of interest in different financial institutions. The hosts emphasize the need for open communication and a collaborative relationship between the client and advisor. They also address the topic of fees and the expectation that the fees paid should align with the services provided. The hosts conclude by highlighting their commitment to providing personalized and professional financial advice to their clients. In this conversation, Randy and Peggy discuss the importance of treating clients with respect and avoiding jargon. They emphasize the value of providing information and education to empower clients to make informed decisions. They also discuss the dynamics of couples in financial planning, highlighting the need for both partners to be engaged and knowledgeable. The conversation touches on the role of a financial advisor in managing investments and the importance of active management. They conclude by encouraging listeners to seek out the right professionals to help them make important financial decisions.

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Randy and Peggy Fisher talk about retiring abroad due to the high cost of living in the United States. The hosts discuss the new inflation numbers and express skepticism about the accuracy of these figures. They explore the factors that motivate people to retire abroad, such as lower living costs and the excitement of living in a new country. The hosts also discuss the challenges and considerations of retiring abroad, including language barriers, cultural differences, and access to healthcare. They emphasize the importance of seeking advice from experienced professionals when considering a move abroad.

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In this episode, Peggy and Randy Fisher discuss the financial implications of divorce and the importance of being knowledgeable about your spouse's financial situation. They highlight the need for transparency and communication in a marriage, as well as the potential risks of financial deception. The Fishers emphasize the importance of creating a financial net worth statement and regularly updating it to ensure awareness of assets and liabilities. They also discuss the impact of divorce on assets such as pensions and 401(k) accounts, and the potential for unequal division of assets. Overall, the episode serves as a reminder to be proactive and informed about your financial situation in a relationship.

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