In this conversation, Doug and Mike discuss the complexities of managing debt as one approaches retirement. They explore the distinction between good and bad debt, the importance of financial planning, and strategies for ensuring a stable income during retirement. The discussion emphasizes the need for a comprehensive plan to navigate financial cha…

In this conversation, the hosts discuss the parallels between the excitement of the Kentucky Derby and the journey towards retirement. They delve into the complexities of Roth conversions, the implications of taxes on retirement savings, and the importance of professional guidance in navigating these financial decisions. The discussion highlights t…

Mike Riedmiller explores the current state of the stock market, investment strategies, and the importance of planning for retirement. He highlights the unpredictability of the market, the necessity of having a tailored investment plan, and the reality of retirement savings in relation to social security. To schedule your complimentary portfolio rev…

Mike Riedmiller explores the unexpected challenges of retirement planning, drawing parallels between astronauts' extended missions in space and the potential longevity of retirees. He emphasizes the importance of financial planning, particularly regarding taxes and long-term care, which are often overlooked but can significantly impact retirement f…

Retirement planning can transform your later years into a fulfilling experience. Mike from Riedmiller Wealth Management explains how customizing a plan based on personal goals and values can lead to a more satisfying retirement. To schedule your complimentary portfolio review with Riedmiller Wealth Management visit www.smartretirementradio.com Mike…

In this conversation, Mike discusses the essential considerations for retirement planning, emphasizing the importance of financial readiness, emotional preparedness, and the timing of retirement discussions. He highlights the need for a comprehensive review of investment accounts, savings, and income sources, including the role of annuities in crea…

Mike Riedmiller digs into the importance of understanding hidden fees in investments, particularly in retirement accounts like 401ks. He also covers the complexities of annuities and the potential for early exits from these financial products. To schedule your complimentary portfolio review with Riedmiller Wealth Management visit www.smartretiremen…

Mike Riedmiller explores the current financial landscape, focusing on Warren Buffett's significant cash reserves and the implications for individual investors. To schedule your complimentary portfolio review with Riedmiller Wealth Management visit www.smartretirementradio.com Mike Riedmiller, President of Riedmiller Wealth Management joins you on S…

Mike Riedmiller talks about the importance of taking advantage of current low tax rates, particularly through strategies like Roth conversions. He emphasizes the need for proactive financial planning to avoid common pitfalls in retirement, such as neglecting customized financial plans and underestimating future medical costs. To schedule your compl…

Mike Riedmiller explores the implications of tariffs on inflation, the importance of retirement savings planning in the face of inflation, the evolution and challenges of the 401k system, and the critical need for financial literacy in retirement planning. To schedule your complimentary portfolio review with Riedmiller Wealth Management visit www.s…

Mike Riedmiller focuses on retirement planning, emphasizing the importance of a strategic approach to investments and income sources. He highlights the significance of understanding personal spending, income needs, and the impact of inflation on retirement finances. To schedule your complimentary portfolio review with Riedmiller Wealth Management v…

It can be overwhelming to figure out what you will need each month in retirement. Mike Riedmiller explains the process he uses with his clients to help them figure out all of their expenses and variables. To schedule your complimentary portfolio review with Riedmiller Wealth Management visit www.smartretirementradio.com Mike Riedmiller, President o…

Mike Riedmiller explores the potential impact of President Trump's return to the White House on the stock market, emphasizing the importance of strategic planning for investments and retirement. He highlights the need for proactive financial management, particularly in the context of Social Security benefits and retirement readiness. To schedule yo…

Mike Riedmiller highlights the challenges investors face due to mixed messages in the media and emphasizes the importance of a structured planning process to navigate financial uncertainties. To schedule your complimentary portfolio review with Riedmiller Wealth Management visit www.smartretirementradio.com Mike Riedmiller, President of Riedmiller …

Mike Riedmiller explains the unpredictability of the stock market, highlighting past inaccuracies in predictions and the importance of a methodical investment strategy. He talks about the need for investors to tune out financial noise and focus on their goals. To schedule your complimentary portfolio review with Riedmiller Wealth Management visit w…

Mike Riedmiller shares insights on the variability of returns based on individual circumstances and the significance of a tailored investment strategy. To schedule your complimentary portfolio review with Riedmiller Wealth Management visit www.smartretirementradio.com Mike Riedmiller, President of Riedmiller Wealth Management joins you on Smart Ret…

Mike Riedmiller discusses the importance of adapting financial plans to meet clients' changing needs. He emphasizes the necessity of ongoing communication and engagement with clients to ensure their financial strategies remain relevant and effective. To schedule your complimentary portfolio review with Riedmiller Wealth Management visit www.smartre…

Mark Riedmiller discusses the impact of market volatility on retirement planning, particularly in light of recent economic events and the Trump administration's policies. He emphasizes the importance of having a solid investment strategy, especially for those nearing retirement. To schedule your complimentary portfolio review with Riedmiller Wealth…

Mike Riedmiller explores the relationship between physical health and aging, the importance of financial planning for retirement, and the potential changes to Social Security that could impact retirement strategies. To schedule your complimentary portfolio review with Riedmiller Wealth Management visit www.smartretirementradio.com Mike Riedmiller, …

Mike Riedmiller breaks down longevity and retirement planning, focusing on the importance of income sources, financial security, and personalized planning based on individual goals and values. To schedule your complimentary portfolio review with Riedmiller Wealth Management visit www.smartretirementradio.com Mike Riedmiller, President of Riedmiller…

Mike Riedmiller explores the current stock market predictions for 2025, highlighting the conflicting viewpoints from major financial institutions. He emphasizes the importance of personalized investment planning, especially for those nearing retirement, and discusses strategies to prepare for potential market downturns. To schedule your complimenta…

Mike Riedmiller explores the dynamics of the stock market following Donald Trump's election, highlighting the impact of interest rates and economic policies on market performance. It emphasizes the importance of long-term financial planning, especially for those nearing retirement, and discusses strategies for maximizing retirement income while ens…

Mike Riedmiller creatively likens financial planning to preparing a feast, underscoring the various components necessary for a successful retirement strategy. To schedule your complimentary portfolio review with Riedmiller Wealth Management visit www.smartretirementradio.com Mike Riedmiller, President of Riedmiller Wealth Management joins you on Sm…

Mike Riedmiller highlights the importance of having a financial plan, understanding investment risks, and preparing for healthcare costs and taxes in retirement. He emphasizes the need for a strategic approach to retirement planning, considering market fluctuations and future expenses. To schedule your complimentary portfolio review with Riedmiller…

Mike Riedmiller gets into the complexities of retirement planning, particularly focusing on the often-overlooked tax implications that can arise when individuals begin to withdraw from their retirement accounts. To schedule your complimentary portfolio review with Riedmiller Wealth Management visit www.smartretirementradio.com Mike Riedmiller, Pres…

Mike Riedmiller explores the current state of retirement savings among Americans, highlighting the significant challenges many face due to financial pressures. He emphasizes the importance of proactive planning for retirement, particularly in the three to five years leading up to retirement. To schedule your complimentary portfolio review with Ried…

Mike Riedmiller discusses the upcoming Election Day and its potential impact on the stock market, emphasizing historical trends of market performance post-elections. To schedule your complimentary portfolio review with Riedmiller Wealth Management visit www.smartretirementradio.com Mike Riedmiller, President of Riedmiller Wealth Management joins yo…

Mike Riedmiller explains the need for proactive financial strategies, such as Roth conversions, to mitigate future tax liabilities and ensure a comfortable retirement. He highlights that financial independence allows individuals to pursue their passions and support their loved ones without financial stress, contrasting it with the limitations often…

Mike Riedmiller focuses on the importance of retirement planning, highlighting the risks associated with retiring at 65, the benefits of planning ahead, and the necessity of having a comprehensive financial and estate plan. To schedule your complimentary portfolio review with Riedmiller Wealth Management visit www.smartretirementradio.com Mike Ried…

Mike Riedmiller talks about the evolving landscape of retirement planning, emphasizing the importance of diversifying income streams beyond 401Ks and Social Security. He highlights the critical role of understanding required minimum distributions (RMDs) and the common mistakes retirees make regarding them. To schedule your complimentary portfolio r…

Mike Riedmiller explains a 'melt up' and delves into market dynamics, and the psychological factors influencing investor behavior. He emphasizes the importance of personalized financial planning, especially for the upcoming wave of baby boomer retirees, and addresses the challenges of maintaining income in retirement. To schedule your complimentary…

Mike Riedmiller discusses the volatility in the market and emphasizes the importance of customized financial planning to protect clients' investments and savings. He also touches on the need for year-end financial reviews and planning, especially as the holiday season approaches. To schedule your complimentary portfolio review with Riedmiller Wealt…

Mike Riedmiller discusses the potential impact of interest rate cuts on fixed income investments and the importance of financial planning. He also explores the options for managing a 401k after retirement. To schedule your complimentary portfolio review with Riedmiller Wealth Management visit www.smartretirementradio.com Mike Riedmiller, President …

Mike Riedmiller talks about how planning based on individual goals and situations is important in navigating market volatility. Mike explains that getting a second opinion is common when other advisors are hard to reach or don't listen to input. To schedule your complimentary portfolio review with Riedmiller Wealth Management visit www.smartretirem…

Mike Riedmiller discusses the potential impact of the upcoming election on finances and retirement planning. He speaks on the importance of not getting caught up in the emotion and uncertainty surrounding the election and instead focusing on long-term financial planning. To schedule your complimentary portfolio review with Riedmiller Wealth Managem…

Mike Riedmiller explains the number one fear in retirement is running out of money, but proper income planning can alleviate this fear. Mike says some retirees are a little more nervous and need encouragement to spend their savings. To schedule your complimentary portfolio review with Riedmiller Wealth Management visit www.smartretirementradio.com …

Mike Riedmiller focuses on how to prepare for potential cuts in Social Security benefits and the importance of income planning for retirement. Plus, he touches on the stock market and the possibility of a market correction before the election. To schedule your complimentary portfolio review with Riedmiller Wealth Management visit www.smartretiremen…

Mike Riedmiller talks about the importance of planning for retirement and what the first step should be. To schedule your complimentary portfolio review with Riedmiller Wealth Management visit www.smartretirementradio.com Mike Riedmiller, President of Riedmiller Wealth Management joins you on Smart Retirement Strategies each week to break down reti…

When considering switching financial advisors, some common reasons include retirement, high fees, underperforming portfolios, and the desire for comprehensive guidance. Mike Riedmiller explains that it is important to objectively evaluate the need for a change and consider the advisor's experience and alignment with your goals. To schedule your com…

Mike Riedmiller explains the importance of financial security in retirement and the freedom it provides. He also explains different goals and choices people have in retirement, such as traveling, volunteering, and spoiling grandchildren and how to put a retirement plan together to support specific goals. To schedule your complimentary portfolio rev…

Mike Riedmiller discusses factors you should consider when someone considers retiring due to changes in their job situation, factors to review include their current financial situation, including accounts, expenses, income, and debt. It's important to have a plan in place to cover expenses and income sources like Social Security, pensions, and inve…

Mike Riedmiller discusses the potential impact of changes in tax policies on retirement planning and the importance of tax planning in managing retirement funds. He also touches on the retirement decision-making process and factors to consider before retiring. To schedule your complimentary portfolio review with Riedmiller Wealth Management visit w…

Mike Riedmiller discusses the potential expiration of the Trump tax cuts and the impact on Roth IRAs. Mike shares his strategy for withdrawing money from a Roth IRA if necessary and talks about the importance of tax planning in retirement. To schedule your complimentary portfolio review with Riedmiller Wealth Management visit www.smartretirementrad…

Mike Riedmiller explains inflation and its impact on retirement planning. Mike explores the need for a long-term perspective and regular review meetings with your financial advisor. To schedule your complimentary portfolio review with Riedmiller Wealth Management visit www.smartretirementradio.com Mike Riedmiller, President of Riedmiller Wealth Man…

Mike Riedmiller discusses the potential wrong calls people can make when it comes to retirement planning. Some of the issues people run into Mike says are, avoiding the stock market, not claiming social security at the right time, neglecting long-term care planning, estate planning, and tax planning. To schedule your complimentary portfolio review …

Mike Riedmiller discusses the importance of long-term care planning in retirement and the costs associated with it. To schedule your complimentary portfolio review with Riedmiller Wealth Management visit www.smartretirementradio.com Mike Riedmiller, President of Riedmiller Wealth Management joins you on Smart Retirement Strategies each week to brea…

Mike Riedmiller discusses the uncertain future of Social Security, with estimates that the trust fund will go dry as early as 2034, potentially leading to a 25% cut in benefits. Mike explains how this could impact retirees and emphasizes the need for income planning. To schedule your complimentary portfolio review with Riedmiller Wealth Management …

Comedian Bill Murray shares a humorous anecdote about encountering a Bitcoin ATM machine. Mike Riedmiller explains cryptocurrency's place in retirement portfolios and the importance of a non-emotional, methodical approach to investing in digital assets. To schedule your complimentary portfolio review with Riedmiller Wealth Management visit www.smar…

Volatility is not something you want to deal with a few years out from retirement, but we can't control that. Mike Riedmiller explains how he helps his clients create retirement plans that they can remain comfortable in despite what's going on in the market. To schedule your complimentary portfolio review with Riedmiller Wealth Management visit www…

If you're unsure when to take Social Security, Mike Riedmiller explains how he helps his clients make that decision and explains your breakeven point. To schedule your complimentary portfolio review with Riedmiller Wealth Management visit www.smartretirementradio.com Mike Riedmiller, President of Riedmiller Wealth Management joins you on Smart Reti…