Steve, a seasoned financial professional, provides valuable advice on ways to balance in your financial portfolio. He emphasizes the significance of aligning your investment choices with your risk tolerance and realistic expectations. Learn why now is the time to take control of your financial future and how comprehensive retirement planning can help.
Discover the importance of diversifying your investments to protect against market volatility and ensure a stable income during retirement. Steve’s insights into tax-efficient portfolios and his partnership with Market Guard, a proprietary investment methodology, offer listeners valuable tools for growing and safeguarding their wealth.
Tune in with Steve Aul for “The Aul Financial Hour” every Saturday at 10 a.m. on KMOX News Radio 1120!
In this episode, we delve into the world of finance, discussing common financial mistakes and even some unconventional ways to deal with weeds in your garden. We start by examining the financial blunders one expert confessed to, including not setting up a Roth IRA, neglecting long-term care insurance, and paying off low-interest mortgages early. Steve provides insights into each of these topics, shedding light on the potential pitfalls and benefits of various financial decisions.
Steve also shares his personal experiences with investing and highlights the importance of understanding your investments’ long-term goals rather than chasing quick gains. He introduces the concept of “need, not greed,” emphasizing that your investment strategy should align with your financial goals and risk tolerance.
Additionally, we explore the overlooked aspect of 401(k) plans. If you’re 59 ½ or older, you might have more options than you realize to optimize your 401(k). Learn about the benefits of rolling over your 401(k) into an IRA and how it can provide you with more flexibility and control over your retirement savings.
Tune in with Steve Aul for “The Aul Financial Hour” every Saturday at 10 a.m. on KMOX News Radio 1120!
Have you heard that 60 is the new 40? While that may hold true for many aspects of life, in the world of retirement planning, the age 59 and a half takes the spotlight. Join Steve as he delves into the significance of this age when it comes to your 401(k) and shares real-life examples that dispel common retirement myths.
Steve starts by explaining the key rule of 59 and a half – the magic age at which the penalty for early withdrawals from your 401(k) vanishes. Whether it’s your 401(k) or your IRA, turning 59 and a half is a pivotal moment in retirement planning.
But there’s more to it. Steve highlights how, in the case of 401(k) plans, many companies permit employees to move their funds into an IRA once they reach this age. This move is non-taxable and unlocks a world of possibilities for optimizing your retirement savings.
Steve underlines the importance of tax planning in retirement, especially in light of potential future tax increases. He encourages listeners to consider tax-efficient strategies while tax rates are historically low.
Tune in with Steve Aul for “The Aul Financial Hour” every Saturday at 10 a.m. on KMOX News Radio 1120!
In today’s episode, hear Steve discuss the importance of setting realistic financial goals. He talks about how to temper expectations in a volatile market and how to create a plan that can withstand the ups and downs of the economy.
Steve also discusses the concept of sequence of returns, and how it can impact your retirement savings. By the end of the episode, you’ll have a better understanding of how to set realistic financial goals and create a plan that will help you reach them.
Tune in with Steve Aul for “The Aul Financial Hour” every Saturday at 10 a.m. on KMOX News Radio 1120!
In this episode, Steve delves into the complexities of Social Security benefits and the impact of potential changes in the near future. With rumors of Social Security benefit cuts and adjustments, the host takes a closer look at how these changes could affect retirees.
Steve addresses the option of moving the full retirement age for Social Security benefits up to 68 and the potential implications of this shift. He also discusses a study showing that this adjustment might only solve a fraction of the overall problem. Steve and his guests provide guidance on when to start claiming Social Security benefits and how to maximize the benefits you’re entitled to.
Moreover, Steve introduces the concept of Social Security risk scoring—a tool that assesses the chances of future reductions in benefits and helps individuals make informed decisions about their retirement planning.
Tune in with Steve Aul for “The Aul Financial Hour” every Saturday at 10 a.m. on KMOX News Radio 1120!
Sometimes a rocky economy is like a football game. Market volatility, high inflation and the threat of recession can tackle even a good retirement plan and throw it for a huge loss. So, is there a tool that can withstand these threats? We have talked before about annuities, can you help navigate the numerous choices of annuities to find the right one?
Tune in with Steve Aul for “The Aul Financial Hour” every Saturday at 10 a.m. on KMOX News Radio 1120!
Sometimes you need some extra cash, but should you borrow from your 401(k)? If you do, are there penalties? Let’s discuss the pros and cons of withdrawing from your 401(k)!
Tune in with Steve Aul for “The Aul Financial Hour” every Saturday at 10 a.m. on KMOX News Radio 1120!
The financial headlines have been talking about a recession for months. Market analyst Eddie Ghabour tells Fox Business we are already there! If he’s right, do you see a significant market pullback this year and should people look for a more protective stance with their retirement money?
Tune in with Steve Aul for “The Aul Financial Hour” every Saturday at 10 a.m. on KMOX News Radio 1120!
A new survey has found that Americans are more pessimistic than ever about the economy. CNBC’s Steve Liesman says the poll numbers are the worst ever…do feelings like this and times like this make people sit still, or take action? Is that the right decision?
Then, a year ago, I Bonds captured a lot of attention. The U.S. Savings Bonds that are tied to inflation paid a 9.6% interest rate last May. Six months later, the rate went down to 6.89%. And beginning this month, I Bonds will pay a lower rate of 4.3% for the next half year. For those who previously plowed money into I Bonds, are they now better off putting their cash elsewhere?
Tune in with Steve Aul for “The Aul Financial Hour” every Saturday at 10 a.m. on KMOX News Radio 1120!
What are the key dates in retirement? For starters, those age 50 and older can begin making “catch up” contributions to 401(k)s and IRAs. Do you remind clients of these important dates? Any others you want to add to the list?, One of the big concerns about growing older is whether we’ll need long-term care at some point. Microsoft News did a story listing the pros and cons of buying long-term care insurance, but it didn’t really answer the question for me. How do you help clients who worry about the risk of needing long-term care?
Tune in with Steve Aul for “The Aul Financial Hour” every Saturday at 10 a.m. on KMOX News Radio 1120!