Are you ready to tackle the psychological hurdle of spending in retirement?
Join Nate Yeomans and Gregg Indovina as they delve into the intricate dynamics of our relationship with money during retirement. Unpacking the shift from saving to spending, they offer practical strategies to start living a more enriched and rewarding retirement.
In their discussion, Nate & Gregg cover:
The psychological hurdles of using retirement savings.
Tips for transitioning from saving mode to spending mode.
Crafting a meaningful retirement plan.
Concrete steps to overcome the fear of depleting retirement funds.
Are you asking the right questions about your retirement planning? Organizing your financial future starts with finding the perfect advisor.
Nate Yeomans and Gregg Indovina discuss the importance of asking crucial questions when choosing a financial advisor, understanding the impact of involving your spouse in financial decisions, and ensuring your retirement readiness with professional insights.
Nate & Gregg discuss:
Why selecting the right financial advisor is crucial for retirement planning
What are the key questions to consider when choosing a financial advisor
How important is it to involve your spouse in financial discussions
The importance of ensuring financial stability and preparedness for the future
How can you effectively manage long-term care expenses? What financial impact could this have on your retirement savings, your spouse, and the legacy you hope to leave behind?
Join Nate Yeomans and Gregg Indovina as they tackle the critical topic of managing long-term care costs in retirement. Discover the potential impact of these expenses on your retirement savings, spouse, and family legacy, and gain valuable insights into effective strategies for planning and mitigating financial risks.
Explore the intricacies of retirement planning with a focus on long-term care, including the importance of early preparation, the asset-based approach for covering expenses, and the role of Medicaid as a potential option.
Nate & Gregg discuss:
What is the impact of long-term care costs on retirement plans
When should you start looking for options to manage long-term care expenses
How does the asset-based approach work for covering long-term care costs
Why might Medicaid be considered as an option for long-term care coverage
No one can control or understand how the market will move in the future. What you can do is prepare for the eventuality and secure your investments. How are you protecting your retirement income from unexpected market changes?
Nate Yeomans and Gregg Indovina discuss the difficulties of securing income during retirement, emphasizing the risks associated with the sequence of returns. They scrutinize the conventional 4% withdrawal guideline and propose different approaches such as time segmentation and variable withdrawal rates to maintain a steady income throughout retirement.
Nate & Gregg focus on:
What are the challenges and risks associated with retirement income
What is a sequence of returns risk, and how does it impact a retiree’s financial plan
How do different approaches to retirement income planning, such as time segmentation and dynamic distribution rates, propose to address retirees’ needs
Why is managing retirement income sustainability throughout retirement important
What is the ultimate goal of retirement? For most, the focus on money alone can get in the way of creating the life of your dreams. How do you maximize lifetime fulfillment in retirement?
Join Nate Yeomans and Gregg Indovina as they question the traditional retirement mindset and explore ways to have a truly fulfilling retirement, without any regrets. They stress the value of being mindful of our spending so that we can create lasting memories.
Nate & Gregg discuss:
The two unacceptable retirement planning outcomes
Exchanging dollars to create the ultimate dividend – memories
The retirement cake and gaining confidence to live your best life
Conquering the artificial finish line by living now
Nate and Gregg’s motivation for running Design Wealth
Blessing your children with a warm hand
Financial planning tools to create an EXTRAordinary retirement
Have you modified your investment approach to match your current stage of life? Investment strategies that worked well in the past may not be suited for those approaching or who are already retired.
In this episode, Nate Yeomans and Gregg Indovina explore the importance of adapting investment strategies according to different life stages. They challenge the typical idea of diversification, suggesting a truly diversified portfolio should include various asset classes and risk management techniques.
Nate & Gregg touch on:
Why investments should be adjusted based on life’s phases
What is the goal during the income phase of retirement in terms of investments
What is a common misconception about investment returns and successful retirement plans
How can true diversification be achieved in portfolios, including different asset classes and risk management techniques
Every retirement needs a solid foundation to build on and grow. A major part of that foundation is ensuring you have enough retirement income to support you after your paycheck.
In this episode, Nate Yeomans and Gregg Indovina discuss the first step in building your retirement foundation, and building and protecting your retirement income. They explore key strategies to ensure your investments develop into the retirement income you need by the time you retire and prevent losses during retirement.
Nate & Gregg discuss:
The importance of variable income sources when building retirement plans
How annuities provide protection for retirement investments
The four types of annuities and how they fit within investment planning
The pros and cons of including annuities in your investment plan
When you think about retirement planning, money and savings are some of the first words to come to mind. But what goes into building a plan that will help that money last?
In this episode, Nate Yeomans and Gregg Indovina discuss what many people don’t think about when building an effective retirement plan. They share their approach to creating a fulfilling retirement plan based on the client’s goals that adapt to market fluctuations and the client’s needs.
Nate & Gregg focus on:
What goes into building an effective retirement plan beyond money
The ABZ model of creating a fulfilling retirement plan
How taxes can impact the strategies for required minimum distributions
How old were you when you learned how to write a check or create a budget? How much do you know and understand about building a retirement plan for your future?
In this episode, Nate Yeomans and Gregg Indovina discuss the lack of financial education in schools and its impact on individuals’ ability to navigate their financial lives, particularly as they approach retirement. They touch on how a lack of comprehensive financial education leaves individuals ill-prepared to make informed decisions about their finances and retirement plans.
Nate & Gregg explore:
The gap in educating people on financial and retirement topics from an early age
How the lack of financial literacy impacts their retirement planning later in life
What changes between earning a paycheck and entering retirement
The different influences on retirement planning, from Social Security and healthcare to taxes and estate planning
Join Gregg Indovina and Nate Yeomans on their inaugural episode as they discuss their journeys into the wealth management industry and the driving forces behind their passion for helping individuals achieve financial fulfillment.
From overcoming career transitions to discovering one’s true purpose, this episode delves into the importance of living an extraordinary life, starting today.
In this engaging episode, they reveal their strategies for maximizing lifetime fulfillment and provide valuable insights into the retirement planning process.
Gregg and Nate discuss:
The catalysts behind their career shifts and how they found their true calling in wealth management
The unique challenges and opportunities that arise when planning for retirement
The importance of living an extraordinary life now and how to make the most of your retirement years
Effective investment strategies, including risk management and asset diversification, to secure a financially stable retirement
Gregg was introduced to the financial markets early in his career while helping an internet company through the process of going public. The desire to learn more about how markets work led him to begin a financial services career at Merrill Lynch.
Gregg has been an instructor for leading international trading and investing in education companies. He enjoys sharing his insight and has taught over 7,000 students worldwide since 2009 in both the classroom and online.
Today, Gregg serves as the CiO for Accelerated Wealth Advisors and is a lead financial advisor for Design Wealth. He and his wife, Mary Beth live in Colorado Springs with their two children.
About Nate:
Nate serves as the President and Lead Financial Advisor of Design Wealth in Englewood, Colorado. Nate holds his Series 66 securities license, health and life insurance license, property and casualty license, long-term care license, and mortgage license.
Nate and his wife, Brooke, have been married for over 18 years. Together, they enjoy serving their community, attending church, and spending time with friends and family. They also enjoy many outdoor activities, including golf, hiking, biking, running, and competing in triathlons.
