Sa For Fas

Warren Buffett offered some retirement advice a year ago, little noticed at the time, which is more relevant now than then. This podcast (7:24) recalls the Oracle of Omaha’s post-annual-letter CNBC interview, where Buffett advised people take appropriate due diligence on just what liabilities they’re “walking into.”Learn more about your ad choices. Visit megaphone.fm/adchoices

The “The Baby Boomer Investing Show,” produced by Ron Surz and Kathy Tarochione, offers a perspective void of Wall Street sloganeering, combined with a rare financial sophistication. This podcast (8:34) considers why the lifecycle matters so much, explaining why near and new retirees shouldn’t risk what they cannot afford to lose. Learn more about your ad choices. Visit megaphone.fm/adchoices

MassMutual’s Bob Carroll offers a front-row view of his firm’s response to the coronavirus crisis, with regard to retirement savers and advisors managing workplace plans. In the interview (20:32), Carroll shares a touching story of how the crisis brought competing advisors together to help their community.Learn more about your ad choices. Visit megaphone.fm/adchoices

Investors need to step up and do the hard work of saving their own capital for retirement. This podcast (6:06) suggests that the calendar, that is to say the passage of time, is a less reliable guide to success than human effort and accomplishment.Learn more about your ad choices. Visit megaphone.fm/adchoices

The Financial Times reports that Calpers is seeking to juice returns through the use of leverage. This podcast (6:30) suggests a pension fund shouldn’t borrow heavily to goose up returns, especially as big institutions do not win all their bets. The conservative approach adopted by the Yale Endowment does far more to deliver returns and ensure the payment of pension benefits.Learn more about your ad choices. Visit megaphone.fm/adchoices

A slogan in retirement investing holds that investors who reach a certain level of success are free to reduce risk. This podcast (7:09) suggests that this idea merits quantitative definition and practical implementation, to ensure that future retirees do not face the same sense of impoverishment as the Class of 2020, who have seen their portfolios plunge at the time their retirement has required portfolio withdrawals.Learn more about your ad choices. Visit megaphone.fm/adchoices

The advantage of financial advice is the outsider’s perspective, which is the reason so many professional fields of counseling, coaching and training continue to expand. This podcast (6:02) argues that just as a prisoner cannot free himself, so too it is the outsider that can provide the discipline or the method to get the person to make progress in the area of life he or she is challenged by.Learn more about your ad choices. Visit megaphone.fm/adchoices

Harbor Crest Wealth Advisors’ Mike Hennessy discusses Roth conversions, gifting strategies and qualified HAS funding distribution, planning strategies of particular value in 2020. This podcast (9:02) suggests there are creative planning strategies advisors can employ to help clients during these uniquely challenging times.Learn more about your ad choices. Visit megaphone.fm/adchoices

A public service announcement meant to educate the public on the dangers of texting and driving reminds us that that all forms of distractedness, including financial, are dangerous.This podcast (6:56) suggests that financial advisors have a public-service role to play when the fact that financial calamity happens to 50 percent of retirees doesn’t impact the behavior of the distracted masses fumbling their finances.Learn more about your ad choices. Visit megaphone.fm/adchoices

Harbor Crest Wealth Advisors’ Mike Hennessy provides a big-picture view of the mortgage market’s interaction with Fed funds and the 10-year Treasury. This podcast (6:22) explains the host of factors influencing mortgage rates, including the surprising reason his own refi effort fell apart.Learn more about your ad choices. Visit megaphone.fm/adchoices

Harbor Crest Wealth Advisors’ Mike Hennessy discusses a trade that lost nearly two decades of performance in March, and claimed the lives of two hedge funds. This podcast (6:36) suggests that clients holding alternative investments or structured notes are likely already exposed to complex derivative strategies, and that advisors should therefore know about the workings of trades like variance swaps that can magnify an already volatile environment.Learn more about your ad choices. Visit megaphone.fm/adchoices

Seeking Alpha contributor Jim Sloan’s article, “’A Little Ice Age’ Is Upon Us,” is the guide investors need to the reality of our new era. This podcast (8:15) concurs with Sloan that there is a future in stock-market investing, but investors need to take a different approach to decision making. Investing has returned to becoming a long-term proposition, where due diligence matters, where top-line growth without corporate window-dressing returns to its former importance.Learn more about your ad choices. Visit megaphone.fm/adchoices

An investing culture geared toward aggressive stock allocation fails to consider the risk of insolvency that spikes precisely at times such as the present. This podcast (6:20) suggests that retirement investors make stability as important a goal as growth to correct this common and fundamental problem.Learn more about your ad choices. Visit megaphone.fm/adchoices

With job losses shattering records in the wake of the coronavirus, an obvious question advisors are thinking about is: ‘What about mine?’ This podcast (6:45) suggests that now is a time that financial advisors can have a greater impact than ever before - by learning, teaching and leading. Helping people see that they have a financial future is what will make advisors’ own futures viable.Learn more about your ad choices. Visit megaphone.fm/adchoices

The path to recovery consists primarily of these three things: the success of restrictions that slow the progress of the coronavirus; government action to economically sustain businesses and households; and renewed employment that will set a pace for household spending. This podcast (6:57) argues that the lengthy and painful process imposed by today’s economic crisis will have the effective of turning “investors” into real investors, who buy for the long-term, knowing what they’re buying and why, and what they’re avoiding and why. Learn more about your ad choices. Visit megaphone.fm/adchoices

There’s no time like a downturn to revisit “sequence of returns” risk, which holds that investment performance is dependent on returns the market generates at the point of retirement. This podcast (6:56) suggests there are unpredictable occasions like the present market crisis, where anything less than a 100 percent assurance that retirees’ expenses are covered, would be calamitous.Learn more about your ad choices. Visit megaphone.fm/adchoices

A newly minted carona-retiree laments the harsh impact on his family, finances and work prospects. Looked at differently though, we can see that he’s actually doing great. This podcast (6:56) suggests that new retirees are naturally wracked with anxiety over this big life change and that how well one does in retirement is highly subject to interpretation.Learn more about your ad choices. Visit megaphone.fm/adchoices

The huge run-up in debt, Federal Reserve activism and a trend towards economic nationalism in the last decade may be the factors that most effect the current one, with the coronavirus pandemic merely triggering the shift. This podcast (8:42) suggests that a squeeze on consumer staples and agricultural commodities could trigger inflation, and a surge in inflation could prevent the Fed from easing financial conditions, which could trigger a debt crisis. Learn more about your ad choices. Visit megaphone.fm/adchoices

This crisis is different from others in its details, but this we can say from a historical perspective: The doom people have dreaded has never materialized. We’ve always moved on. This podcast (8:12) suggests that what makes market and economic crises so harsh is that they activate fight-or-flight responses, but in scenarios where we cannot fight and have nowhere to flee. It is precisely for this reason that we must distinguish between factors we have influence over versus things that are beyond our control.Learn more about your ad choices. Visit megaphone.fm/adchoices

Five years after the enactment of major retirement reform in the UK, the Association of British Insurers presents an evaluation. This podcast (7:05) notes that the reforms were intended to promote “pension freedom,” but the report is now pushing for the use of financial advice to keep people from misusing that freedom. Learn more about your ad choices. Visit megaphone.fm/adchoices