Nerd's Eye View

APRIL 8, 2025

Welcome to the 432nd episode of the Financial Advisor Success Podcast! Seth is the founder of Heartwood Financial Planning, an advisory firm affiliated with PlanMember Securities Corporation that is based in Fresno, California, and oversees approximately $100 million in assets under management for 850 client households.

Financial Planning 130

Financial Planning Clients Planning Financial Advisor 130

Nerd's Eye View

APRIL 9, 2025

It's natural for advisors to begin discovery meetings by asking questions about a client's current financial situation – understanding cash flow, debt, investments, risk tolerance, or even the burning tax concern that brought them to the advisor's door in the first place is crucial for financial planning. Read More.

Clients 180

Clients Financial Planning Risk Tolerance Planning 180

Nerd's Eye View

JULY 20, 2022

A sabbatical refers to a period of time in which someone takes an extended, planned break from work prior to retirement, often as an opportunity to focus on their wellbeing and/or to gain valuable perspectives of life outside of work.

Retirement 246

Retirement Financial Planning Planning Clients 246

Abnormal Returns

NOVEMBER 6, 2024

Podcasts Christine Benz and Amy Arnott talk the state of retirement with Anne Tergensen of the WSJ. podcasts.apple.com) Taxes A year-end tax planning checklist. kindnessfp.com) How to think about taxes in early retirement. mr-stingy.com) Regrets Every life comes with financial regrets. Quit playing.

Estate Planning 173

Estate Planning Tax Planning Retirement Taxes 173

A Wealth of Common Sense

FEBRUARY 13, 2025

Barry Ritholtz joined me on the show this week to discuss questions about timing market corrections with your savings account, how your portfolio should look heading into retirement, managing your parent’s financial plan and how to force yourself into splurging a little when you have more than enough money.

Retirement 110

Retirement Financial Planning Accounting Portfolio 110

Wealth Management

AUGUST 7, 2024

Including permanent life insurance can help prevent blind spots in retirement planning and enable clients to live longer.

Financial Planning 306

Financial Planning Retirement Planning Planning Assets 306

Nerd's Eye View

JULY 27, 2022

Financial planning is both an art and a science. While an advisor needs technical financial planning knowledge to create and implement plans for clients, soft skills that involve effective communication and relationship building are also crucial to both relate to prospects and clients and to understand their needs.

Financial Planning 246

Financial Planning Planning Clients Retirement 246

Nerd's Eye View

JULY 27, 2022

Financial planning is both an art and a science. While an advisor needs technical financial planning knowledge to create and implement plans for clients, soft skills that involve effective communication and relationship building are also crucial to both relate to prospects and clients and to understand their needs.

Financial Planning 246

Financial Planning Planning Clients Retirement 246

Wealth Management

NOVEMBER 15, 2024

With nearly 40% of advisors set to retire in the next decade, the future of financial planning lies in the hands of passionate newcomers. Discover why these young professionals are eager to transform the industry.

Financial Planning 200

Financial Planning Planning Retirement 200

Nerd's Eye View

NOVEMBER 21, 2022

However, by creating a systematic annual process to monitor and update client plans based on seasons, not only can advisors save time and work more efficiently, but they can also communicate the value of ongoing financial planning services to prospects and clients more effectively.

Financial Planning 244

Financial Planning Planning Estate Planning Clients 244

Nerd's Eye View

MAY 7, 2025

Instead of inspiring change, the plan begins to feel like a chore. A more effective approach is to start with the immediate stressor – the problem that brought the client in – and wait to develop an inspiring financial plan built on deeper vision-building during a second or third monitoring meeting.

Clients 185

Clients Financial Planning Planning Financial Advisor 185

Abnormal Returns

MAY 26, 2025

(citywire.com) How to learn about financial planning on the cheap. investmentnews.com) Financial planning is all about building resilience. tim.signaturefd.com) Spending falls in retirement, but satisfaction does not. kitces.com) As your RIA evolves, so must your hiring strategy.

Financial Planning 182

Financial Planning Financial Advice Financial Advisor Retirement 182

Darrow Wealth Management

FEBRUARY 9, 2025

The idea of living off dividends in retirement sounds nice, but investors often don’t realize how much money they’ll need invested to generate enough income from dividends to cover lifestyle expenses. You may need more money than you think to retire on dividends. Retire on dividends?

Retirement 85

Retirement Asset Allocation Taxes Portfolio 85

Wealth Management

OCTOBER 5, 2023

Protecting the average retiree in a confusing landscape of investment planning vs. financial planning.

Wealth Management 306

Wealth Management Retirement Management Investment Planning 306

Nerd's Eye View

SEPTEMBER 20, 2023

30 years ago, when financial plans relied mainly on constant investment return projections derived from straight-line appreciation and time-value of money calculations, financial advisors began acknowledging and accounting for the variable and uncertain nature of investment returns.

Retirement 246

Retirement Planning Financial Planning Risk Tolerance 246

Nerd's Eye View

SEPTEMBER 21, 2022

the ideal size for an emergency fund, how much income should really be saved for retirement, etc.), the ideal size for an emergency fund, how much income should really be saved for retirement, etc.), Though many potentially valid criticisms of this process tend to concern technical details (e.g.,

Financial Planning 246

Financial Planning Planning Financial Advice Clients 246

Nerd's Eye View

OCTOBER 2, 2024

In this environment, financial advisors have the opportunity to add value for their clients not only by giving a clear explanation about the current status of Social Security and the potential legislative changes that could improve its solvency, but also by modeling what (realistic) changes would mean for their clients' financial plans.

Retirement 246

Retirement Clients Financial Planning Financial Advisor 246

Nerd's Eye View

SEPTEMBER 25, 2023

In the mid-20th century, the first phone call for a person who needed guidance on saving or planning for retirement was likely to be to a stockbroker or a mutual fund or insurance salesperson. So, in the late 1960s, a movement began to organize and promote best practices that would establish financial planning as a true profession.

CFP 246

CFP Financial Planning Planning Certification 246

Wealth Management

NOVEMBER 2, 2022

Given the difficult market conditions over the past year and increasingly competitive financial planning landscape, 2023 may be the right time to consider building out your firm’s offerings.

Retirement Planning 306

Retirement Planning Planning Retirement Financial Planning 306

The Chicago Financial Planner

NOVEMBER 27, 2022

One of the best tax deductions for a small business owner is funding a retirement plan. Beyond any tax deduction you are saving for your own retirement. You deserve a comfortable retirement. If you don’t plan for your own retirement who will? You need to start a retirement plan today.

Retirement Planning 263

Retirement Planning Retirement Planning Financial Planner 263

Nerd's Eye View

SEPTEMBER 25, 2024

From a financial planning perspective, the seeming implication of a likely rise in future tax rates would be that, given a choice between being taxed on income today or deferring that tax to the future, it makes more sense to be taxed today when taxes are lower than they'll be in the future. Read More.

Taxes 246

Taxes Retirement Tax Planning Accounting 246

Nerd's Eye View

NOVEMBER 27, 2024

Additionally, life events that change a client's financial circumstances, such as retirement, receiving a windfall, or selling a business, can be ideal opportunities to revisit charitable giving as part of a client's evolving financial and personal goals. Read More.

Clients 241

Clients Education Financial Planner Planning 241

Abnormal Returns

NOVEMBER 27, 2024

msn.com) Aging Spending more money doesn't necessarily make for a more fulfilling retirement. nextavenue.org) Lessons learned from Warren Buffett's estate planning, including 'Tell your kids you are proud of them.' (bloomberg.com) Financial disasters Another case where reaching for yield can be disastrous.

Portfolio 147

Portfolio Financial Planning Estate Planning Planning 147

Abnormal Returns

DECEMBER 11, 2024

(peterlazaroff.com) Christine Benz Ben Carlson talks with Christine Benz, author of "How to Retire: 20 lessons for a Happy, Successful, and Wealthy Retirement." awealthofcommonsense.com) Steve Chen talks with Christine Benz about her book "How to Retire: 20 Lessons for a Happy, Successful, and Wealthy Retirement."

Retirement 147

Retirement Financial Advice Taxes Financial Planning 147

Nerd's Eye View

JANUARY 4, 2023

Financial advisors have a wide range of strategies at their disposal to create financial plans for their clients. This strategy is valuable because it generally allows for higher initial withdrawal rates than more static approaches that don’t accommodate clients willing to adjust their spending in retirement.

Retirement 246

Retirement Distribution Retirement Planning Asset Allocation 246

Abnormal Returns

FEBRUARY 26, 2025

aptuscapitaladvisors.com) Retirement There are different levels of retirement readiness. marketwatch.com) Family Five things to do to give your children a financial head start. humbledollar.com) Personal finance Two questions to ask if you need to re-prioritize your financial plan. Developers are taking note.

Asset Allocation 162

Asset Allocation Retirement Financial Planning Accounting 162

Clever Girl Finance

DECEMBER 23, 2024

Freelancing is liberating, but without a solid financial plan, it can also be unpredictable. As a freelancer, you juggle not only your craft but also your finances, taxes, and retirement planning. That’s where financial planning for freelancers comes in. Plan for taxes ahead of time 4.

Budgeting 52

Budgeting Financial Planning Planning Insurance 52

Nerd's Eye View

APRIL 12, 2023

When planning for retirement, it’s effectively impossible to precisely forecast the performance and timing of future investment returns, which in turn makes it challenging to accurately predict a plan’s success or failure.

Retirement 246

Retirement Retirement Planning Math Advertising 246

Abnormal Returns

JANUARY 8, 2025

youtube.com) Peter Lazaroff on the need for professional help in retirement planning. fortunesandfrictions.com) Just because financial plans change, doesn't mean planning is useless. Podcasts Ryan Morrissey talks with Larry Swedroe author of "Enrich Your Future: Keys to Successful Investing."

Retirement Planning 147

Retirement Planning Budgeting Financial Planning Planning 147

Abnormal Returns

APRIL 7, 2025

Podcasts Michael Kitces talks with Nick Rodkin, managing partner of Stoic Financial, about working with client couples. kitces.com) Matt Zeigler talks with Danika Waddell, founder of Xena Financial Planning. epsilontheory.com) Aging How financial literacy declines with age.

Fiduciary Duty 147

Fiduciary Duty Financial Advice Financial Planning Clients 147

Abnormal Returns

MARCH 4, 2024

Retirement JP Morgan Asset Management's 'Guide to Retirement.' am.jpmorgan.com) How longevity literacy affect financial wellness in retirement. papers.ssrn.com) Why getting charitable giving in retirement right is challenging. (fa-mag.com) riabiz.com) Estate planning is growing in importance for advisers.

Recruitment 279

Recruitment Estate Planning Financial Planning Retirement 279

Carson Wealth

JULY 3, 2024

Plan for Your Retirement As a small business owner, it’s essential to plan for your retirement independently since you may not have the benefit of employer-sponsored retirement plans. Not only do these plans help you save for the future, but you are also able to defer taxes to later years.

Financial Planning 142

Financial Planning Planning Retirement Planning Tax Planning 142

Carson Wealth

JANUARY 23, 2025

When it comes to managing your wealth and pursuing your financial goals, clarity can be key. Enter bucketing, a powerful strategy that helps simplify your financial planning by categorizing your assets into three time-based buckets: today, tomorrow, and the future. What Is Bucketing? Ready to start your bucketing journey?

Financial Planning 52

Financial Planning Planning Risk Tolerance Financial Advisor 52

MainStreet Financial Planning

APRIL 28, 2025

Retirement marks a significant transition in life, especially after nearly three decades of military service. For our family, my husbands upcoming retirement after 29 years in the military was not just about financial planning for the futureit was also about making his long-held dream a reality. Lets plan it together.

Financial Planning 54

Financial Planning Planning Retirement Budgeting 54

Abnormal Returns

JANUARY 10, 2024

(podcasts.apple.com) Peter Lazaroff on the challenge in setting financial resolutions. peterlazaroff.com) Retirement On the importance of having a purpose in retirement. humbledollar.com) Being forced into retirement before you are ready is a big problem. peterlazaroff.com) Why financial plans eventually become obsolete.

Investing 268

Investing Investments Financial Planning Retirement 268

Dear Mr. Market

DECEMBER 31, 2024

Because when it comes to financial planning, you’re ready to write it downand studies show that writing down your goals makes you 42% more likely to achieve them. Heres your top 10 financial planning checklist for the new year. Track Progress Regularly Financial plans arent set it and forget it.

Budgeting 105

Budgeting Financial Planning Estate Planning Planning 105

Abnormal Returns

MARCH 13, 2024

(morningstar.com) Dan Haylett talking Paul Armson about lifestyle financial planning. open.spotify.com) Retirement A lot of things can upend a successful retirement. humbledollar.com) Managing withdrawals in retirement is a real challenge. humbledollar.com) Managing withdrawals in retirement is a real challenge.

Financial Advice 305

Financial Advice Retirement Financial Advisor Financial Planning 305