Money Matters With Wes Moss

Reaching retirement is one thing, but what happens when you bring aging into the equation? Though it’s a difficult conversation to have, both with aging parents and with yourself, preparing at an early age can make the transition into senior living appear less daunting. Senior Transition Specialist, Founder and President of Lianas Senior Transition Support, and Co-Host of Life Unrehearsed, Matt Del Vecchio sits down with Wes Moss to discuss the importance of preparing for the second half of retirement and having those difficult conversations around senior living. Matt also reveals what aspects of retirement are often overlooked, explains the phases and options of senior transition support, and stresses the need for having these “essential conversations." Additionally, Matt shares what to consider when seeking the ideal senior living facility, advice for managing the guilt of transitioning a parent as well as his favorite piece of financial advice for those heading into retirement. Learn more about your ad cho

Traveling is back in high gear post-pandemic. Airports are busy and postponed trips are finally taking place as the economy shifts back to normalcy. Though traveling comes with its dangers and uncertainties, it does lead to happiness before and during retirement. Even so, how does one pay for those travel expenses that contribute to a fulfilling life? In this episode, Wes Moss shares the benefits of traveling in retirement and how to create a cash flow from dividend investing that could supplement these trips. He also examines current traveling statistics and headlines, along with the benefits of traveling with groups of friends. Later in the episode, Wes breaks down dividend investing, the concept of yield at cost, answers a question from a listener regarding laddering CDs for retirement, and shares what could be the key to conquering inflation as an investor. Learn more about your ad choices. Visit megaphone.fm/adchoices

If you’re still searching for your core pursuit, this episode may be all the inspiration you need! Award-Winning Journalist, Yoga Therapist, and Fitness Expert, Carol Krucoff joins Wes Moss to examine the world of yoga and its many benefits for all ages. Carol shares her journey to finding yoga and her experiences with teaching to older groups. Additionally, she reveals the numerous varieties of the practice and its benefits for the human body and mind, along with the risks that come with performing yoga as you grow older. Furthermore, Carol unveils details from her books, her thoughts on the correlation between flexibility and longevity, why she believes all yoga should be adaptive, and she runs Wes through a minor yoga exercise. Learn more about your ad choices. Visit megaphone.fm/adchoices

Airline tickets have increased, gasoline has skyrocketed, and even the price of milk has shot up. The entire world is on edge with even the smallest mention of inflation. With numbers through the roof, many are left financially perplexed. Though this inflationary period won’t last forever, it’s essential to protect your purchasing power. During this episode, Wes Moss shares what we can do to invest in an inflationary environment. He also reveals the root cause of inflation while analyzing historic examples of economic disequilibrium, stagflation, and growth stocks vs. value stocks. Further, Wes explains the concept of participation vs. perfection in relation to investing and shares examples of elastic and inelastic products, along with the impact the pandemic had on the economy. Learn more about your ad choices. Visit megaphone.fm/adchoices

We all know tax season comes at the same time every year, yet many of us still show up unprepared. Little do we know our secret weapon is to proactively plan, not just for the present, but also for the future and that includes retirement. In this episode, Wes sits down with Financial Planner, Author, and Host of the Stay Wealthy Podcast, Taylor Schulte, CFP® to examine tax preparation. Taylor shares details about his podcast show, opening his fee-only financial planning firm, and why he consistently puts his clients first. Additionally, Taylor reveals common misconceptions about using an advisor, the importance of calculating your total tax bill and proactively tax planning for your future. Lastly, Taylor wraps up the episode by sharing some knowledge that could move you closer to retiring sooner. Call in with your financial questions for Wes to answer: 800-805-6301 Join other happy retirees on our Retire Sooner Facebook Group: https://www.facebook.com/groups/retiresoonerpodcast Learn more about your ad cho

Market corrections and downturns are inevitable. Although this is something we can’t avoid, there’s power in utilizing the Dry Powder Principle to fully understand how and why investing in different asset classes can help you sail through difficult times from a psychological and financial planning perspective. During this episode, Wes Moss breaks down the Dry Powder Principle and stresses the importance of calculating your dry powder to prepare for inescapable market corrections. He also explains how the dry powder concept can add cushion to your investment portfolio and reshares a story about his son that reveals how losing money can be tough on anyone regardless of your age. Wes goes on to review historical market corrections, the two principles that dry powder is hinged on, and walks listeners through how to assess their own dry powder using the online calculator tool. To wrap up the episode, Wes is joined by the creator of the dry powder calculator tool and Senior Investment Advisor at CIA, James Lewis ​​

Our world is built on speed. From our lives to the stock market, even retirement, we aim to tackle every task as quickly as possible; but when is it time to reduce speed and pump the brakes? While our first instinct is to hurry, as humans, we must remind ourselves that being slow is not about doing everything as fast as possible but as smart as possible. In this episode, Carl Honoré, Journalist, TED Speaker, and Author of “In Praise of Slow,” joins Wes Moss to talk through the “slow movement” and the importance of finding your inner tortoise. Carl reveals the root of his fast-paced life, taking a slow approach to money, and how slowing down grants us time to reflect. He also touches on ageism, unveils the signs of being stuck in fast forward as well as three tips for slowing down your life. Learn more about your ad choices. Visit megaphone.fm/adchoices

We’ve all seen the headlines recently — #BidensWar, #StockMarketCrash, and so on. From a pandemic to a slower moving crisis, the current state of these geopolitical issues has led to market uncertainty and volatility. However, in this phase of world issues, we’ve found it best to analyze similar moments in history to help us understand what’s to come. During this episode, Wes references historical corollaries to help listeners grasp what the future holds for the market. Wes also simplifies the current state of military issues, explains what these issues mean for the United States, and how this can scare investors. Further, he shares historical market averages, a pattern in market corrections, and stresses why our best weapon against turning temporary losses into permanent losses is understanding the market. Wes concludes the episode by explaining how dry powder can provide a bridge to the other side of this difficult time. Learn more about your ad choices. Visit megaphone.fm/adchoices

Is inherited wealth a powerful tool or a destructive one? Though inherited wealth sounds effortless, there is more to successfully transferring this wealth amongst generations. In this episode, Wes sits down with Estate Planning Attorney, CPA, and Author, David York, to discuss the particulars of inherited wealth and wealth transfer. David also shares the logistics of giving a TED talk and details from his book, “Entrusted.” Additionally, David reveals the common habits of families who have successfully transferred wealth, walks through the background of a well-known wealthy family, explains how people learn to value things based on cost, and exposes five truths and the importance of legacy. David and Wes wrap up the conversations discussing what steps families can take to remain successful in wealth transfers for the foreseeable future. Learn more about your ad choices. Visit megaphone.fm/adchoices

Wes Moss returns as your host to tackle questions provided by members of the Retire Sooner Facebook Group in this episode. Wes provides insight on questions surrounding 401k’s, Roths, IRA’s, the 4% plus rule, investment portfolios, dry powder, and more! He also shares what he did during his time off, family updates, and plays a song that he wrote with his son. If you’re planning for retirement and looking to have meaningful discussions then join our Retire Sooner Facebook Group: https://www.facebook.com/groups/retiresoonerpodcast Learn more about your ad choices. Visit megaphone.fm/adchoices

After taking some time off, The Retire Sooner team is excited to announce that Wes Moss will return as your host starting February 28th!    In upcoming episodes, we will cover topics such as Bitcoin 101, bucket list places to visit, and we'll interview a retired Wall Street workaholic in his 80s and the best shape of his life. Wes will also be answering listener questions and covering new financial, investment, and economic topics to help you towards a happy retirement.  You can expect new episodes every Monday and Thursday. Be sure to mark your calendars, subscribe, and tune in to catch the latest! You can also join our Retire Sooner Facebook Group for more in-depth conversations and topics about retirement. https://bit.ly/3J8w1Qx Learn more about your ad choices. Visit megaphone.fm/adchoices

We encourage happy retirees to think of income as a river, not a reservoir, and advocate having multiple sources of income to generate financial stability during retirement. One common income stream among happy retirees is real estate investments. In this episode, we’re joined by Partner, Senior Investment Advisor, and Investment Committee Director, Tom Moore, CFP®, to cover the intricacies of real estate investing. Tom shares his real estate history, mindset, and experiences, as well as various methods to invest in real estate. He goes on to compare investing in a single-family home versus a commercial property, talks through income and growth returns, lays out the steps for kickstarting your real estate investment journey, and uncovers how the successful investment situation of a happy retiree could look. Learn more about your ad choices. Visit megaphone.fm/adchoices

Retirement planning is necessary for creating a successful life after work. However, life throws us curve balls that are sometimes out of our control and you need to have an additional plan in place when this happens. In this episode, we are joined by Dan Abramowitz, Regional Business Development Manager and Investment Advisor at Capital Investment Advisors' Tampa office location. Dan talks through retirement backup plans and how they can save you when unexpected circumstances occur. Dan also reveals blindsiding challenges he has seen from those entering retirement and stresses the significance of rediscovering your purpose and core pursuits in life. Additionally, Dan urges retirees to be prepared with a plan A, B, C, explains how there is only so much we can plan for, talks through pivoting when hit with life’s curveballs, and shares why we should focus on three priorities to live an efficient and fulfilling life. Learn more about your ad choices. Visit megaphone.fm/adchoices

Investors can utilize technology to manage money faster, smarter, and easier; but how did we get here? Founder of Benjamin and Managing Partner at Capital Investment Advisors and Wela Strategies, Matt Reiner, CFP®, CFA joins this week’s episode to walk through the history and evolution of investments and technology. Matt explains the how to’s of diversifying your investment portfolio in the past and paints a day in the life at the New York Stock Exchange. He also shares huge milestones in investment history that have led to simplicity and inclusivity, explains when 401k’s rose in popularity, reveals what he believes the future of investing looks like and its challenges, and unveils details about his new book. Learn more about your ad choices. Visit megaphone.fm/adchoices

It’s a hot topic that has been on everyone’s mind lately — inflation. In this episode, Retire Sooner team member and Capital Investment Advisors Investment Committee Director, Ryan Ely, addresses what investors and retirees need to take into consideration. Ryan simplifies the consumer price index and touches on the deflationary shock causing an impact on the economy. He also reveals challenges that come with recovering the economy during inflation, describes the biggest areas of inflation and provides real-world examples of what inflation means for retirees and their wallet share. Finally, Ryan unveils his inflation predictions for the foreseeable future. Learn more about your ad choices. Visit megaphone.fm/adchoices

We’re back after the holidays with Partner and Chief Investment Officer at Capital Investment Advisors, Robert Sanders. In this episode, Robert shares his predictions for the upcoming year and how these predictions will impact investors and retirees. Robert also discusses his three themes of 2022 and analyzes midterm election trends throughout the past. He shares predictions for the market within an inflationary environment, an ideal stocks versus bonds ratio during inflation, and the overall strength of the economy. Additionally, Robert explains how leaning towards the margin and maintaining a positive outlook can influence your investor mindset. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Retire Sooner Team will be back next week to start the new year off with new episodes! In the meantime, listen to your favorite Retire Sooner episodes at wesmoss.com/podcast or your favorite podcast platform. Stay tuned for more episodes with tips on living a happy and fulfilling retirement. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this podcast episode, Brynne Simms shares how to set expectations to seek and manage rental properties during retirement, along with sharing her journey to owning and managing her own rental property. She also provides examples of how retirees can utilize their finances to find happiness in retirement and describes traits and core pursuits that she sees within the happiest retirees. Brynne also discusses her role as a Client Service Manager at Capital Investment Advisors and talks through what a happy retiree's future can look like. Learn more about your ad choices. Visit megaphone.fm/adchoices

This episode features Eddie Goepp, CFP®, Investment Advisor at Capital Investment Advisors. Eddie talks through the closed-end funds investment model and how implementing this strategy can enhance yields and bring balance to your portfolio. Eddie simplifies closed-end funds as a bucket that holds stock, funds, and real estate and explains why the current market can be attractive for retail investors. He also dives into the fluctuation of yields on closed-end funds, the power of debt, how his wife changed her career path and pursued her passion, and encourages listeners to fuel their passion while in the retirement grey zone. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this week’s episode, Mallory Boggs is joined by Joel Dean, CFP®, an Investment Advisor at Capital Investment Advisors and a member of the Retire Sooner team to discuss ESGs, faith-based investing and investing in "sin stocks." Joel shares several investment stories and examples of sin stocks versus "values" investing. He also simplifies ESG investing (Sustainable Investing). Joel reveals how companies implement sustainability in their operations to attract investors. He then gives listeners guidance on how they might want to consider ESG, sin stocks, and faith-based investment strategies when it comes to their own portfolios. Learn more about your ad choices. Visit megaphone.fm/adchoices