Category: Financial Planning
Blog
Ep. 93: Income Roundtable with Carson Wealth, TN Wealth Advisors, Jake Stone & Jeremy Day
Have you ever worried about where your paycheck will come from after retirement? That’s the anxiety we tackle head-on in this illuminating discussion about creating reliable income streams for your post-working years. The income bucket represents the critical middle ground between emergency savings and growth investments in our three-bucket strategy. It’s what transforms abstract financial plans (what we call “pie in the sky”) into dependable monthly income you can count on (“pie on the table”). Our wealth advisors Jake Stone and Jeremy Day break down why having approximately 10 years of expenses set aside in properly structured income-generating investments...read the full article
Read More
Blog
Ep. 90: Shattering Money Myths: How the Rich Build Wealth Differently with Stephanie Walters
Stephanie Walter, CEO of Erbe Wealth, reveals how the affluent approach money differently and shares actionable wealth-building strategies that challenge conventional financial wisdom. We uncover the myths that keep most people from building true wealth and explore why cashflow and control are the ultimate financial goals. • The wealthy utilize money actively rather than just accumulating it • Most Americans don’t realize they’re paying 2-3% in hidden 401(k) fees that devastate returns • Tax diversification is critical with tax-free buckets ideally being your largest asset pool • Premium-financed life insurance offers tax-free growth with market upside protection • Wealthy...read the full article
Read More
Blog
Ep 85: Insurance Maximization with Eric Michalski and Darron Miller
Unlock the secrets to smarter financial decisions as Darren Miller from Foundations Insurance and Eric McCoskey from our Atlanta office join the Way to Wealth podcast to redefine the role of insurance in wealth management. Say goodbye to the outdated notion that lower premiums equate to better value. Discover how understanding your true insurable interest and exposure can lead to more comprehensive protection strategies that not only safeguard but also enhance your wealth. Explore the intricate relationship between wealth strategy and property and casualty insurance, where focusing solely on cost can lead to costly mistakes. We discuss the power...read the full article
Read More
Blog
Ep 84: Unlocking Your Leadership Potential: Embracing Infinite Entrepreneurship with Brandon Allen
Our latest podcast episode explores the transformative potential of leadership and the journey toward infinite entrepreneurship with Brandon Allen. We dive into themes of clarity in personal desires, the importance of empowering teams, navigating the complexities of accountability, and overcoming scarcity mindsets to foster an abundant life. • Importance of clarity in personal desires • The concept of infinite entrepreneurship and its four pillars • Navigating the tension between control and team empowerment • The cyclical nature of accountability in leadership • Transforming scarcity mindsets into an abundance mentality • The continuous journey of personal and professional growth • Resources...read the full article
Read More
Blog
Ep 83: Growth Roundtable with Scott Ford
Understanding your investments is key to making confident financial decisions that align with your long-term goals. This week’s episode explores the growth bucket strategy – a systematic approach to managing long-term investments designed to help combat inflation while maintaining focus on your values and objectives. Our team of wealth advisors shares insights on diversification strategies, tax efficiency considerations, and the importance of maintaining perspective during market volatility. We discuss how proper allocation across different investment vehicles – from traditional stocks and bonds to private equity opportunities – can help create a resilient portfolio aligned with your time horizon. The conversation...read the full article
Read More
Blog
Ep 82: Tax Planning and Challenges
Smart tax planning starts with understanding your current position and identifying opportunities that match your situation. In this episode, Scott Ford and team members Jeff Socha – CEO & Founder, Socha Capital Wealth Strategies, Ashley Sowers – Partner, Wealth Advisor, Brian Staples – Wealth Advisor, and John Saunders – Partner, Wealth Advisor, break down tax planning approaches across three asset tiers: $500k-2M, $2M-10M, and $10M+. We explore foundational concepts like qualified plans and itemized deductions while highlighting business-owner-specific strategies. The discussion reveals how proactive planning early in the year opens up more options compared to reactive December moves. The team...read the full article
Read More
Blog
Ep 80: Building a Bulletproof Financial Foundation: Mastering the Three-Bucket Savings Strategy
Are you ready to redefine your financial future and solidify your path to wealth? That’s precisely the journey we embark on in our latest Way2Wealth podcast. With the experience of Andrew Stratton (Client Services Associate), Jeremy Day (Wealth Advisor), and Scott Toms (Partner, Wealth Advisor), we dissect the art of strategic savings and the underrated power of the war chest—your ultimate financial safeguard and opportunity reserve. We’ll critique the common investment-centric mindset and champion a fortified financial base as your starting line in the race toward financial freedom. Key Takeaways: * It’s not just about saving; it’s about mastering the...read the full article
Read More
Blog
Ep 79: Building an Impenetrable Financial Fortress: Mastering Asset Protection and Estate Planning Strategies
Unlock the secrets to securing your wealth and ensuring your financial future with our riveting discussion on asset protection and estate planning. Joined by the inimitable Jonathan ‘Cub’ Mullins (Wealth Advisor), the astute Alexis Bush (Wealth Advisor) from our Hagerstown, Maryland office, and the ever-insightful Bob Keebler (Partner, Keebler Associates), we dissect the critical strategies that go far beyond mere insurance. Uncover the pivotal importance of structuring your assets to ward off risks, learn about leveraging legal entities like LLCs, and delve into strategic debt usage – all to safeguard your hard-earned wealth from unforeseen threats. Key...read the full article
Read More
Blog
Ep 78: Assembling Your Dream Financial Team: A Masterclass in Collaborative Wealth Management
Unlock the secret to a financial strategy that evolves with you, as we gather insights from a team of finance ninjas; Scott Toms (Partner, Wealth Advisor), Ashley Sowers (Partner, Wealth Advisor), Jake Stone (Partner, Wealth Advisor), and Sam Wilkerson (Partner, Wealth Advisor). Together, we debunk the myth of the lone financial advisor and showcase the unparalleled strength of a synergistic team. By tapping into the collective expertise of various professionals, we reveal how a robust dream team approach can lead to a more comprehensive understanding of your financial landscape. Just imagine the confidence you’ll gain knowing that every...read the full article
Read More
Blog
Ep 77: Fortifying Your Financial Future: Interest and Credit Secrets Round Table
Uncover the secrets to safeguarding your assets and steering through the world of interest rates and credit in a riveting discussion that promises to arm you with the knowledge to fortify your financial future. Joined by Garret Gunderson and key members of the team, Alexis, Shane and Ashley. Whether you’re a retiree navigating the complexities of a fixed-income portfolio or an investor seeking stability amidst economic uncertainties, our deep-dive with wealth advisors Alexis and Ashley will equip you with the strategies for intelligent asset allocation and capital preservation. Expect to learn a ton from today’s show, including: Challenging common...read the full article
Read More