Shows / Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Planning Retirement Smarter. Living Retirement Better. With Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP® of True Wealth Design. #Retire #Stocks #Investing #401k #IRA #CFP #TrueWealthDesign. Contact at https://www.truewealthdesign.com/ or by calling 855-893-7526.
Episodes
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Surprising Lessons on Stock Returns and Diversification
History shows that owning companies (buying stocks) provides far superior returns vs. lending to companies (buying bonds). While most know this, most would be…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
It’s the End of the World as We Know It, and Why to Feel Fine
"It's the End of the World as We Know It (And I Feel Fine)" is a 1987 song by American rock band R.E.M.. The title may sound pessimistic or perhaps a bit…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Red Flags of Investment Fraud
A $50+ million investment fraud is unwinding in northeast Ohio with a former high school basketball coach and self-proclaimed single-family real estate expert…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Pension Lump Sums - You May Need To Act Now in 2022
Pension lump sums will be much LOWER in 2023 than 2022. Listen to Kevin give a brief intro on what is going on and then cut into a replay of episode 62…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
The Story of Dr. Smith
Hear the story of Dr. Smith and how his retirement concerns are likely similar to many of your own. How do I select a good advisor? What to do with my employer…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Understanding Your Retirement Plan Results
Kudos! You went through a retirement planning process or completed an online calculator and have the results. Now, what the heck do they mean exactly? Hear…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Mailbag - Bear Market Investment Questions
The bear is roaring and eating away at stock and bond returns. What's an investor to do? Hear Kevin Kroskey, CFP®, MBA and Tyler Emrick , CFA®, CFP® discuss…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Interview with Retirement Researcher Dr. David Blanchett Part 2
Dr. David Blanchett is Head of Retirement Research formerly at Morningstar and currently at Prudential’s asset management arm PGIM. He is also an adjunct…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Interview with Retirement Researcher Dr. David Blanchett Part 1
Dr. David Blanchett is Head of Retirement Research formerly at Morningstar and currently at Prudential’s asset management arm PGIM. He is also an adjunct…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 100: Not So Smart Things Even Smart Investors Do
Market downturns elicit emotion. Emotional investors are more apt to make poor investment decisions. Time and again this is proven. Lather. Rinse. Repeat. Or…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 99: Whoa! Stocks and bonds both going down? What’s going on?
2022 has been a bad year for most investors. Both stocks and most bonds are down sharply. You may be wondering why? Hear Kevin explain what has been happening…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 98: Interview with Retirement Researcher Dr. Michael Finke Part 2
Dr. Michael Finke is a professor and chair of Economic Security Research at The American College of Financial Services. Listen to Kevin and Michael chat about…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 97: Interview with Retirement Researcher Dr. Michael Finke - Part 1
Dr. Michael Finke is a professor and chair of Economic Security Research at The American College of Financial Services. Listen to Kevin and Michael chat about…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 96: Rules Gone Awry, Part 5 - Retirement Healthcare Is Exorbitant
In this episode, Kevin turns the tables on a handful of common misconceptions about health care costs in retirement. Find out the truth about what health…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 95: Rules Gone Awry, Part 4 - The 4 Percent Rule
You've perhaps heard the 4 percent rule, that if you take 4% out of your investment account each year, you'll never outlive your money. Kevin talks about where…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 94: Rules Gone Awry, Part 3 - The Rule of 100
There's a "rule" that says you should take 100, subtract your age, and the result tells you how much of your money you should invest in stocks. It would be…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 93: Rules Gone Awry, Part 2 - Take Social Security Early
There's an old school of thought that says you should take social security as early as you can so that you can get the most out of it. But this is another one…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 92: Rules Gone Awry, Part 1 - The 80% Spending Rule
Walter was being nosy recently and asking his mom about her retirement plans. When she told him she was planning on living off of 80% of her current income…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 91: What Retirees Want in a Home
Listen as Kevin completes the podcast series discussing the book What Retirees Want (WRW) by world-famous "Age Wave" expert Ken Dychtwald, Ph.D. Should you…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 90: What Retirees Want in Time, Health & Relationships
What do retired Boomers say is the key to retirement happiness? Think about what you would say and then take a listen to learn this and more on the show…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 89: What Retirees Want: Work In Retirement?
Listen as Kevin discusses the book What Retirees Want (WRW) by world-famous "Age Wave" expert Ken Dychtwald, Ph.D. Learn why your expectations of how long…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 88: What Retirees Want: An Overview
Listen as Kevin discusses the book What Retirees Want (WRW) by world-famous "Age Wave" expert Ken Dychtwald, Ph.D. Learn how increasing wealth and longevity…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 87: How Pre-65 Retirees Can Get a Huge Healthcare Tax Credit
Many early retirees find they must utilize Affordable Care Act (ACA or Obamacare) policies to bridge the gap from employer-provided health insurance to…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 86: Cash Flow - Measuring & Monitoring the Heartbeat of Your Financial Planning
Do you know what it costs to live your lifestyle? Many successful people don't. They haven't had to worry about money, live below their means, and save…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 85: What’s a “Conservative” Investor To Do These Days?
If you own a disproportionate amount of cash or bonds in your portfolio, you can be broadly classified as a conservative investor. With today's low-interest…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 84: Investment Allocation Update - Thinking About Your Investment Recipe
Having reasonable assumptions for investment returns is critically important for many reasons. These assumptions will impact your retirement plan, investment…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 83: Biden‘s ”American Families” Tax Plan - Key Changes & Planning Opportunities
If you drive a car, I'll tax the street; If you try to sit, I'll tax your seat; If you get too cold, I'll tax the heat; If you take a walk, I'll tax your feet…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 82: Social Security Update - Solvency, COLA, & Planning Strategies
The 2021 Social Security Trustee's Report was recently released and the 2022 COLA is near finalized. What can we expect for the COLA and glean from the report?…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 81: Math Mistakes in the Media, Investing, and in Understanding Vaccines
In the age of Covid, everyone has seemingly become a data expert .... regardless of one's understanding of data and statistics (sigh). Hear Kevin highlight…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 80: Should I Sell a Stock With a Large Taxable Gain?
You may have acquired stock and seen it significantly rise in value over time. Now you're not sure what to do: let it ride or sell, pay taxes, and reinvest in…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 79: Aligning Your Investments With Your Values
Have you heard of ESG? Many investors today are selecting investments in part based on Environmental, Social, and Governance (ESG) criteria. Don't like fossil…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 78: Unexpected Benefits Married Couples Get From A Financial Advisor
Do you know a smart, financially savvy person that still hires a financial advisor? Ever wonder why they do so? Many family stewards often seek an advisor to…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 77: How Risky of an Investor Are You? (And How Do You Really Know?)
What type of investor are you? Are you conservative, moderate, or aggressive? These qualitative descriptors are how most think of risk. But what is…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 76: Your Hierarchy of Retirement Needs
Many think retirement planning is all about number crunching. While undoubtedly important, you first need to consider the personal and social aspects of your…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 75: 10-Year Return Expectations
Having reasonable assumptions for investment returns is critically important for many reasons. These assumptions will impact your retirement plan, investment…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 74: Modeling Real Estate & Business Values In Your Retirement Plan
One of the beginning steps in every retirement plan is to value your assets and project their values into the future. Valuing assets like stocks and bonds is…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 73: What Age Should You Get Serious About Planning For Retirement?
Hear Kevin describe a conversation he recently had with a podcast listener aged 57. He's planning on working for several more years and was wondering if now is…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 72: How Your Retirement Spending Is Likely To Change With Age
In the last episode, Kevin answered a listener question on inflation. He explained why retiree spending patterns in part combat inflationary risk retirees…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 71: Inflation Expectations & Implications On Your Investments & Retirement
Your money today will buy less next year. This decline is due to inflation, which is often believed to be the silent killer for a retirement income portfolio…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 70: Free Money? More Stimulus Checks & Larger Healthcare Tax Credits
The government's money-printing machine is ripping. Here comes round 3 of stimulus checks and larger healthcare tax credits for many pre-Medicare retirees…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 69: Interview Questions To Ask A Financial Advisor
It's not easy to hire a professional service provider. Even the most astute consumer only scratches the surface of truly understanding a profession they are…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 68: My Journey As A Financial Planner
Fish mislabeling was once rampant in the US. Thought you were getting Red Snapper? Surprise! You get porgy or tile fish. Deceptive marketing for profits at…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 67: Beyond Diversification: Terminal Wealth Dispersion
Putting the odds of investing and retirement success in your favor should be a given as is being diversified. But what does diversification really mean? Ten…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 66: Proper Investment Expectations & Standard Deviation
If your head is in the freezer and your feet in the oven, on average you may feel quite comfortable despite suffering from two extremes. San Diego type weather…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 65: Should You Continue To Hold An Underperforming Investment?
Inevitably you will have some investments perform better than others in your portfolio. A normal, human response is to seek pleasure and avoid pain or sell the…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 64: Investment Lessons To Learn From 2020
What a year 2020 was. Pandemic. Contested elections. Civil unrest. Rollercoaster investment markets. As Churchill wrote, "Those that fail to learn from history…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 63: 3 Ways To Tax-Optimize Your Charitable Giving
Most Americans donate to charity and many have distinct goals in their retirement plan to meet annual charitable donations. Most also give cash ...the easiest…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 62: Pension Lump Sums: 2021 May Be The Best Year Ever
Pension lump sums will be much higher in 2021 than 2020. Listen to Kevin discuss timing considerations on how to optimize your pension benefits by…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 61: The True Wealth Team Is Growing - Welcoming Ron Wyatt
We're excited to make a big announcement on this episode of Retire Smarter. Kevin is joined by True Wealth Design's newest partner, Ron Wyatt, who brings more…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 60: Why The Cheapest Investment Option May Not Be The Best
The purchase price of your car is one factor to consider. But the Total Cost of Ownership -- adding in costs for insurance, fuel, maintenance and repairs, as…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 59: Retiree Health Insurance Part 2: Pre-Medicare
Healthcare is a primary concern, especially for retirees. Transitioning from employer-provided coverage you've been on for decades is stressful. Now you have…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 58: Retiree Health Insurance Part 1: Medicare
Healthcare is a primary concern, especially for retirees. Transitioning from employer-provided coverage you've been on for decades is stressful. Now you have…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 57: A Tale of Two Decades
Proper investment diversification works ... even when you don't want it to. With the US stock market and particularly large technology stocks having the wind…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 56: Should The Election Influence Your Investing Strategy?
Biden or Trump? Republicans or Democrats? Who will be better for the economy and your investments? These are questions many are asking with the election…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 55: Roth Conversion: Why 2020 Could Be The Best Year
Paying a lower tax rate today vs. what you would otherwise pay in the future on pre-tax IRA/401k dollars is a good move. They way you can do so is by…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 54: Should You Delay Retiring?
Some 24% of those 56 and older say the pandemic has caused them to push back their planned retirement date, according to a survey conducted by The Harris Poll…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 53: Investing Vs. Speculating Part 2
65% of Institutional Investors surveyed in late June believe the market is factoring in the long-term impact of the coronavirus "too little" while only 5% said…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 52: Investing Vs. Speculating Part 1
Investing should be scientific and process-based. Speculating is more akin to gambling and lacking fundamental support. At extremes, it is easier to discern…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 51: Case Study: Retiring Before Age 60 & Before You Ever Thought You Would
Like your work but hate your job? Bad boss. Terrible commute. Whatever the reason. Hear Kevin share a story of a client who retired in her late 50s. She loved…
- Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
Ep 50: What To Do When Your Spending Goals Change After You Retire
You cut the paycheck cord and enter retirement. Then a spending goal unexpectedly increases...significantly. You can't simply continue to work longer, so what…