Social Security: Answers From The Experts – Details, episodes & analysis

Welcome to episode #39 of Social Security: Answers from The Experts with Martha Shedden: Using a Holistic Approach to Retirement Planning by Taking Risk off the Table with Paul Tyler Paul Tyler serves as Chief Marketing Officer for Nassau Financial Group where he leads the marketing strategy, direct-to-consumer channel and innovation activity. Paul drives the branding of the insurance companies and affiliated asset management companies. He built a direct-to-consumer channel for Nassau Financial Group. In addition, he launched Nassau Re/Imagine, an Insurtech-focused incubator based in Hartford. Prior to his role at Nassau Financial Group, he worked at Fidelity & Guaranty Life, MetLife in a variety of roles in strategy, marketing, operations, technology, sales, and compliance. He earned his A.B. from Princeton University and his J.D. from Cornell Law School. Here is what to expect on this week’s show: The intersection of disciplines in the retirement planning space. A generational look at investments and ROIs. Smart claiming decisions when factoring social security into your retirement plan. Learning about retirement savings early and getting smart about the process; or, finding someone to help you sooner than you think. The future of public policy on retirement planning. Relevant Links: https://nfg.com/ Connect with Paul: https://www.linkedin.com/in/pauldtyler/     Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to episode #38 of Social Security: Answers from The Experts with Martha Shedden: Creating a Remarkable “Next Act” By Focusing on Core Values with Lucina Jackson Lucinda Jackson is the author of two memoirs: Just a Girl: Growing Up Female and Ambitious, about her struggles and wins to succeed in male-dominated energy and chemical companies, and Project Escape: Lessons for an Unscripted Life, an exploration of freedom and purpose after leaving a structured, full-on career. Jackson is a PhD scientist and global corporate executive who features on podcasts and radio and has published articles, book chapters, magazine columns, and patents. She is the founder of LJ Ventures, where she speaks and consults on energy and the environment and empowering women in the workplace and in our Next Act   Here is what to expect on this week’s show: The experience of a woman in a male-dominated industry. Sitting down and figuring out what your core values are to get the most out of retirement. Retirement mission statements. Turning your interests into a business and keeping that life balance. Guiding your retirement your way.   Relevant Links: https://lucindajackson.com/   Connect with Lucinda: LinkedIn: https://www.linkedin.com/in/lucinda-jackson Facebook: https://www.facebook.com/lucinda.jackson.33 Twitter: https://twitter.com/lucindaajackson Instagram: https://www.instagram.com/jackson_lucinda/?hl=en   Learn more about your ad choices. Visit megaphone.fm/adchoices

Health And Financial Wellbeing Are Connected - Learn About The Triple Tax Advantage Of Health Savings Accounts Welcome to episode #29 of Social Security: Answers From The Experts with Martha Shedden. In this episode Martha sits down with Kevin Robertson and they breakdown everything you need to know about Health Savings Accounts (HSAs), and how this type of account can give you tax savings and come in handy for future health costs that you’re sure to face. Kevin Robertson serves as Senior Vice President, Chief Revenue Officer, where he is responsible for leading the growth strategy and organization at HSA Bank. Kevin has worked for HSA Bank since 2015 and has more than 20 years of experience in banking, insurance, and financial services. He is well versed in issues related to Social Security, health savings accounts, benefits, and retirement. Here is what to expect on this week’s show: A breakdown of what exactly a Health Savings Account is and how it can offer you impressive tax savings. When exactly would you have had to join a HSA to see the best results for your money and why? How it is the HSAs cover close to 70 million Americans.- What age should pre-retirees start thinking about joining an HSA for themselves? How can one use an HSAs to build more savings through self directed investment options? What should employers know about HSA programs? The implications for people creating a HSA account for themselves in different personal situations. Where one can go to learn more about if an HSA is right for them, to do some quick personal financial calculations, and understand this unique retirement option fully.   Relevant Links: https://www.hsabank.com/hsabank/homepage   Connect with Kevin and HSA Bank: LinkedIn: https://www.linkedin.com/in/kevin-robertson-a8b3a57/ Twitter: https://www.twitter.com/hsabank Facebook: https://www.facebook.com/hsabank Learn more about your ad choices. Visit megaphone.fm/adchoices

Retirees: Seek Out This Type of Education-Oriented Retirement Planning Welcome to episode #28 of Social Security: Answers From The Experts with Martha Shedden. In this episode Martha sits down with Josh Strange and they discuss his view of retirement planning and Social Security for consumers, financial advisors, and business owners. Josh, a CFP, is founder and president of Good Life Financial Advisors of Nova in Alexandria, Virginia. He served in the U. S. Air Force as an Intelligence Analyst and graduated from the University of Maryland Global Campus. Prior to founding Good Life Financial Advisors of NOVA, Josh was a financial advisor at two major regional banks and was a member of the advisory council at both banks. Here is what to expect on this week’s show: Are a significant portion of Josh’s clients waiting to claim Social Security at full retirement age or later? The most common misconceptions Josh sees people make with Social Security. The most common blind spots when it comes to financing and planning for retirement. What is the ideal age to have people begin working with clients for their financial planning? What can pre-retirees do to start planning well for retirement but not also be unrealistic? The average demographics of the clients that Josh works with. Advice for business owners about the Social Security decisions for their employees.   Relevant Links: https://www.goodlifefinancialnova.com/ Connect with Josh and Good Life Financial Advisors Of Nova: LinkedIn: linkedin.com/in/joshstrangedc Twitter: https://twitter.com/RPGPLAN Facebook: https://www.facebook.com/goodlifefinancialnova Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to episode #27 of Social Security: Answers From The Experts with Martha Shedden. In this episode Martha sits down with Nicole Mayer and they discuss her approach to retirement planning and Social Security, and why her holistic, fee-for-service approach is something all retirees (and pre-retirees) should be aware of. Nicole is a Partner at Second Opinion Partners, where she focuses on providing mentorship to new Advisors who join the Team. She is also a sought-after speaker and an accomplished author. She is a Certified Divorce Financial Analyst (CDFA™) and has been nationally recognized for her knowledge and commitment and has been featured as a financial professional on Fox Business News, WGN Channel 9 News and CNBC. Here is what to expect on this week’s show: A look at Nicole’s background and exactly what her company, Second Opinion Partners, does regarding retirement financial planning. How Nicole’s approach to retirement planning is different, with education being central to her approach. What exactly the fee-for-service model is and why it’s usually the preferred method for clients looking to receive the best service. The types of assistance Nicole offers regarding Social Security and why. How should someone needing help with Social Security and retirement planning find the right financial professional? What exactly is “holistic” financial planning and why having it matters. Which transition in life is the most difficult to plan for and why. How can one approach retirement so as to ensure it’s the best time of their life and not a let down?   Relevant Links: http://www.2ndpartners.com/   Connect with Nicole and Second Option Partners: LinkedIn: https://www.linkedin.com/in/nicolemayer/ Twitter: https://twitter.com/RPGPLAN Facebook: https://www.facebook.com/2ndOpinionPartners Instagram: https://www.instagram.com/2nd_Opinion_Partners/ YouTube: http://www.youtube.com/user/RPGLTS   Learn more about your ad choices. Visit megaphone.fm/adchoices

Nationally Recognized Expert Mark Miller Shares His Insights On Retirement And Aging Trends Welcome to episode #26 of Social Security: Answers From The Experts with Martha Shedden. In this episode Martha sits down with Mark Miller and they explore his wealth of knowledge as concerns Social Security and retirement planning, as they currently are and what they may become in the years ahead. Mark is a journalist, author and podcaster specializing in coverage of retirement and aging. He contributes regularly on retirement to The New York Times, and writes columns for Reuters, Morningstar.com and We althManagement.com. He is the author of Jolt: Stories of Trauma and Transformation and The Hard Times Guide to Retirement Security. He also publishes a weekly podcast and newsletter:   Here is what to expect on this week’s show: What trends is Mark currently seeing as related to retirement and aging. Mark’s vision of the future for the improvement (or not) of advisors providing a more holistic approach to retirement planning. Where financial planners can get more information, and tools, to stay up to date on Social Security and retirement issues. A look at spending trends for recently retired people and the implications for how you approach your financial planning. What is the future of Medicare, will it be around forever? What is the future of Social Security benefits? Some of the most common misunderstanding that Mark’s sees people having related to Medicare and Social Security.     Relevant Links: http://retirementrevised.com/ http://hardtimesretirement.com/   Connect with Mark Miller: LinkedIn: https://www.linkedin.com/in/markjmiller/ Twitter: https://twitter.com/RetireRevised/ Facebook: https://www.facebook.com/pages/RetirementRevised/157018898907     Learn more about your ad choices. Visit megaphone.fm/adchoices

Medicare Expert’s Unique Service To Maximize Savings & Benefits While Minimizing Complexity Welcome to episode #24 of Social Security: Answers From The Experts with Martha Shedden. In this episode Martha sits down with Cory Metzman of Chapter and he gives a through breakdown of many issues surrounding Medicare, including tips and useful information if you are on Medicare or soon will be. Corey Metzman has spent his career focused on the healthcare industry. He started his early career at McKinsey & Company working with heath systems, insurance companies, and public health organizations. He is currently the Chief Operating Officer and co-founder at Chapter, a technology-driven Medicare advisory organization that empowers older Americans to navigate Medicare.   Here is what to expect on this week’s show: Advice for people approaching 65 years old who want to simplify the Medicare process as they now receive mountains of mail about it. How is Cory’s company able to minimize cost and complexity surrounding Medicare for people. The types of Medicare policies that Chapter advises on and to who exactly. Why Medicare decisions are different than Social Security decisions and what this means for picking your plans. What are the most common misunderstandings about Medicare that have the most effect on people’s lives? A breakdown of many of the specifics of different Medicare plans and supplemental plans as well. Some tips for ways to save yourself money for different Medicare plans you may be on. Certain crossovers between Medicare and Social Security for Corey’s clients at Chapter.   Relevant Links: https://askchapter.org/   Connect with Cory & Chapter: LinkedIn: https://www.linkedin.com/in/corey-metzman-a1a87243/ Co. LinkedIn: https://www.linkedin.com/company/joinchapter Facebook: https://www.facebook.com/ChapterMedicare Phone: 855-900-2427     Learn more about your ad choices. Visit megaphone.fm/adchoices

This CFP’s Clients Gain The Psychological & Lifestyle Benefits Of Well-designed Retirement Plans Welcome to episode #24 of Social Security: Answers From The Experts with Martha Shedden. In this episode Martha sits down with Brian Colvert and they explore his knowledge of retirement planning and Social Security from his vantage point as a successful owner of an investment advisory firm. Brian Colvert is the owner of Bonfire Financial, a investment advisory firm in Colorado Springs, CO. Brian is a Certified Financial Planner (CFP), and has been serving his clients for 15 years. He also serves on multiple boards in the community. His company, Bonfire Financial, is an independent, fee-only registered anvestment advisory firm in Colorado Springs, CO with a team of CFPs. Bonfire Financial has been recognized as one of the top advisors in the nation by the National Association of Board-Certified Advisor Practices.     Here is what to expect on this week’s show: A look at Brian’s background and why exactly he decided to become a CFP. A look at the clientele and demographics that Brian focuses on and why. For financial advisors, what is the most common misconception about how they deal with their clients’ retirement planning? Some of the common concerns and desires of early retirement versus later in retirement for clients and how this effects planning. How does Brian personally stay up to date, or educated in general, about how to give advice for Social Security. Common misconceptions that clients have concerning Social Security. How is Brian different in his approach to estate and legacy planning? How do Social Security decisions play into long term retirement planning? A look at Brian’s approach to taxes as concerns Social Security and retirement accounts. Some thoughts on crypto currency and the potential values of holding it as an investment asset.     Relevant Links: https://www.bonfirefinancial.com   Connect with Brian and Bonfire Financial: LinkedIn: https://www.linkedin.com/in/briancolvert/ Instagram: https://www.instagram.com/bonfirefinancial/ Facebook: https://www.facebook.com/bonfirefinancial/ Twitter: https://twitter.com/BonfireFin   Learn more about your ad choices. Visit megaphone.fm/adchoices

Social Security Legend Nancy Altman Shares Her 50 years + Of Experience With The Program. Welcome to episode #23 of Social Security: Answers From The Experts with Martha Shedden. In this episode Martha sits down with Nancy Altman and they deliver a thorough breakdown of how Social Security works, why it’s so important, and what’s happening politically around it. Nancy has a forty-five year background in the areas of Social Security and private pensions. She is the president of Social Security Works and chair of the Strengthen Social Security coalition. She is also the author of The Battle for Social Security: From FDR’s Vision to Bush’s Gamble as well as The Truth About Social Security: The Founders’ Words Refute Revisionist History, Zombie Lies, and Common Misunderstandings. She is also the co-author on a few other books that address Social Security issues and concerns.   Here is what to expect on this week’s show: A look at how Nancy became interested in Social Security topics, enough to make it her career. Information about the effects of the 1983 Social Security amendments and Nancy’s influence upon them. A look at who wants us to believe that Social Security will collapse and why (referring to the billionaire funded campaign behind this). A look at the most common lies and misunderstandings about Social Security (and specifically it’s effect on the national deficit). Why is it so hard for lawmakers to get anything passed as relates to Social Security? What exactly is FICA (the Federal Insurance Contributions Act) and why is it so important? Multiple looks at the history of Social Security, it’s surpluses, and how it came to be such an efficient and useful tool for American society. What changes should happen for lower and middle class paychecks and how does that affect Social Security? A look at the state by state reports that Nancy puts out at Social Security Works. What would FDR think about the way we care for and think about Social Security as a society today?     Relevant Links: https://socialsecurityworks.org/   Connect with Nancy & Social Security Works: LinkedIn: https://www.linkedin.com/in/nancy-altman-280b313a/ YouTube: https://www.youtube.com/user/wearesocialsecurity Facebook: https://www.facebook.com/socialsecurityworks/ Twitter: https://twitter.com/SSWorks     Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to episode #22 of Social Security: Answers From The Experts with Martha Shedden. In this episode Martha sits down with Geoffrey Brown and they discuss both exactly what NAPFA is and why what they do for their members could be important to you, as well as good advice for consumers who are trying to navigate the often confusing endeavor of working with a financial advisor.   Geoffrey E. Brown, CAE , is the Chief Executive Officer of the National Association of Personal Financial Advisors (NAPFA). In this role, he is responsible for the association's strategic direction, external relations, and ensuring its operational success. He has worked in the association management industry since 2000. Prior to joining NAPFA 2013, Brown had been an account executive with Sentergroup, a Chicago-based management consultancy specializing in associations and other nonprofit organizations.   Here is what to expect on this week’s show: How Geoffrey became interested in, and involved in, the management of associations (specifically financial ones). A breakdown of the different ways that financial professionals charge you for their services. Why fee-based financial professionals are often the ones you should stay clear of, but fee for service can be great (which is confusing). Information about the fiduciary oath and the code of ethics that members of NAPFA commit to on a yearly basis. The types of licenses and certifications that NAPFA members have. A look at the retirement planning that NAPFA members partake in with their clients. Do most financial advisors know enough to properly advise their clients on Social Security? What should people look for when deciding which financial advisor to work with, and how do you find your options to begin with? The importance of finding someone who works with the type of niche that you yourself fall into. The opportunities that NAPFA members look for to continually grow and better their businesses.     Relevant Links: https://www.napfa.org Connect with Geoffrey & NAPFA: LinkedIn: https://www.linkedin.com/in/geoffrey-brown-cae-9039484/ YouTube: https://www.youtube.com/channel/UCz5dfb61JHACZuH3lNSwmwA Facebook: https://www.facebook.com/NAPFAFeeOnly/ Twitter: http://www.twitter.com/NAPFA     Learn more about your ad choices. Visit megaphone.fm/adchoices