Wed, 31 December 2014
It's New Year's Eve and I've got two important items to help you create a great year in 2015. So let's get to it.
Item 1 Get Your Retirement On Track
Starting January 7th, I'll be creating a retirement plan for a listener, "Carl", of the Retirement Answer Man Podcast ON THE SHOW.
The best part is, you can plan along with Carl and I!!! Click here to find out all the details.
Item 2 Start Making Your Dream a Reality (with Lady J)
Tonight a special lady, Jevonnah Ellison, is hosting her book launching party. On January 19th, her book, You Have What It Takes: How to Finally Start Making Your Dreams a Reality, hits book stores.
If you're feeling stuck and want to jumpstart your 2015, please listen to our talk and consider buying her book. She has an amazing message and spirit that just might start you on your journey.
You can visit her blog and get a free worksheet to help you discover your purpose here.
A big thank you, for all your e-mails, phone calls and messages. You're encouragement and content suggestions are great. I've got a lot of cool stuff planned for 2015 to help you find that balance between living well today and securing a great tomorrow.
Mon, 29 December 2014
Mon, 29 December 2014
One of the most common comments I get from readers is how hard it is to get straight answers to their most important retirement planning questions. "When can I retire?" "What lifestyle can I expect?" "Will I run out of money?" What am I missing???"
Starting January 7th, I'll answer these questions for a fellow reader (Carl). You'll get to listen in as we create his retirement plan each week, culminating in a LIVE webinar where you (and Carl) will hear the results for the first time.
NOTE: check out the bottom of this post for an opportunity to plan alongside Carl
Who is Carl?
What He Wants From the Plan:
During the webinar, you and Carl will watch LIVE as I stress test Carl's plan against the most common retirement worries:
Here's the Schedule
Register now and create your plan alongside Carl
Go to www.rogerwhitney.com/rpl
Tue, 23 December 2014
Tue, 23 December 2014
"Why won't someone give me a straight answer?" This is the comment I get most from listeners trying to find answers to their most pressing retirement planning questions. In 2015, I'm stepping up my game to help you find the answers to your most pressing retirement planning questions.
Announcing Retirement Plan Live
Want to find the answers to the most common retirement planning questions?
Starting January 7th, you'll get the chance to listen in as I work with a fellow listener, "Carl" , to answer these very questions as we create his retirement plan.
You'll listen in, as I walk Carl through each stage of the planning process culminating with a LIVE webinar in which I present the results of Carl's plan.
Who is Carl? Carl is a listener to the show. He reached out to me earlier this year with a fantastic idea. He said, "What if, you work with me to create a retirement plan and recorded the whole process so listeners can hear how it works?" "BRILLIANT", I said, "I don't think it's ever been done". So we did it.
Carl and I have never met and have only interacted for this project. Each week, we'll play our meeting for each stage of the planning process. On January 30th, we'll have a LIVE webinar where you can watch and listen as I present the results of Carl's plan. Frankly, I haven't done the analysis yet, so even I don't know the results.
This is your chance to get a demonstration of the retirement planning process and hopefully see how your most important retirement questions can be answered.
Want to Create Your Plan Along with "Carl"?
Sign up for weekly e-mail updates and launch yourself towards a great retirement. Each week during the month of January you'll receive a worksheet along with an instructional video to walk you through each step of the process.
How to Launch Yourself to a Great Retirement with Stacking Benjamins
My favorite financial podcast (besides my own ;-) ) is Joe Saul-Sehy's Stacking Benjamins. It's informative, fun and often times just goofy. To quote his site, " In a world of hard-hitting, deep-thought financial stories, SB’s goal is lighter, more relaxed entertainment about money."
In this episode, Joe and I discuss his recent white paper, "Why You Shouldn’t Follow Dave Ramsey, Suze Orman or the Motley Fool".
Joe doesn't argue that you shouldn't follow a money guru, just that it's important you follow the right one. The right one depends on what stage you're your at in your money journey.
He says there are three stages of your financial journey and an appropriate guru for each stage.
Tue, 16 December 2014
Seriously, does watching the market and comparing your investment performance to some benchmark help you create a great life??? Of course it doesn't. So stop. Stop worrying about "keeping up with the market" and get down to the important work of creating a great life.
INVEST WISELY Segment
If you are investing without trying to achieve some greater goal, you're setting yourself up for disappointment.
Comparative investing is a losers game. It can:
Last week, I asked a recently retired couple what they wanted. Did they want to keep up with the market or have confidence that they could maintain their lifestyle? You guessed it, they didn't care about the market, they cared about their life. Smart ones, they are.
PLAN WELL Segment
John Knowlton, CFP just launched beerandpeanuts.net to help you avoid this big letdown. He's created resources in 3 areas that research has shown are critical to a healthy retirement:
Listen to our great conversation for key insights into how to create your own fulfilling retirement.
Want to Learn to Retire with Confidence?
Get ready for a special never before seen event coming in January. Get Ready for Retirement Plan LIVE.
Sign up at rogerwhitney.com for free updates on this special month long event.
Thu, 11 December 2014
Tue, 9 December 2014
Yeah, there are lots of articles this time of year talking about year-end tasks to complete, but mine are Super Simple ones. Okay...maybe it's just my way of trying to sound different. Still, these ARE 7 relatively simple tasks that could make a big difference in your financial life (so indulge me).
Invest Wisely When Should I Rebalance My Portfolio?
Today I read an article on market watch titled "The Hidden Truth About Rebalancing Your Portfolio" on marketwatch. The article discussed a recent study that argues that rebalance can actually increase the risk in your portfolio. In this episode, I discuss my observations on their conclusions and my "best practices" for rebalancing a portfolio during retirement.
Plan Well 7 Super Simple Tasks to Complete Before You Rock in the New Year
Wed, 3 December 2014
Wed, 3 December 2014
You'd think that with all the great information and tools available today that making smart money choices would be easy. The fact is, it's harder than ever before. We live in a world designed to get us to "buy now" or "avoid that". These messages are designed by savvy marketers to get us to take action. Take action, when most of the time, doing nothing is the best course to take.
Recently I fell pray to one of these "buy now" messages and made a really poor money choice. Two weeks ago, I was in Charlotte working on a project when a e-mail arrived announcing the closing of registration for a $2,000 training program. It was a program I really wanted to take (I'm a sucker for learning) but I'd already determined I didn't have the time or the budget this year. The e-mail offer included extra valuable resources if I registered before the deadline. I fell for it. In the middle of my meeting, while focused on the task at hand, I clicked on the link and bought it. What a sucker.
Later that night, as I was driving home from the airport literally pulled over on the freeway and requested a refund.
In this episode, I outline 3 habits that will help you (and me!!!) make smarter money choices. They are simple and organized around the acronym R.A.W. Think R.A.W.
Plan Well Segment
“We no longer live life. We consume it.” Vicki Robin
The next time you feel the pull of a marketing message remember R.A.W.
Invest Wisely Segment
Economist Paul Samuelson reminds us, “investing should be more like watching paint dry or grass grow. If you want excitement, take $800 and go to Las Vegas” or Wall Street."
The next time you feel the urge to react to market news remember, R.A.W.
Want Free Checklists to Help You Make Smarter Money Choices?