Simply Financial With Kevin Wray

There are many famous movie quotes that are heavily reiterated in our society. On today’s show, we will take some of these quotes and relate them to a financial topic. We will also talk about the advantages and disadvantages of having a fair amount of cash on hand.   Contact Information: Website: https://insightfolios.com/ Phone: 704-529-9500

The idea of a Roth conversion is intriguing to a lot of people, and for some people it can be a great strategy to enact. Let’s explore the concept…   Contact Information: Website: https://insightfolios.com/ Phone: 704-529-9500

We always like to break down complicated financial concepts with analogies. This week, let's see what we can learn about retirement planning from observing a water wheel.

The values that people were taught growing up, or the economic conditions that they lived through as children, often have a significant effect on how they view money as adults. Kevin will explain how he has seen these different upbringings manifest themselves in people's financial mindsets many years later. We will also tackle some of the major questions that people have when they receive an inheritance.   Contact Information: Website: https://insightfolios.com/ Phone: 704-529-9500

Sometimes people say they don’t want to retire…and sometimes they really mean it. Other times it’s just a defense mechanism to compensate for the fact that they feel like they can’t retire. So let’s explore some of the possible meanings behind the statement, “I don’t want to retire.”   Contact Information: Website: https://insightfolios.com/ Phone: 704-529-9500

So you’ve done a good job saving and investing over the years. You’ve lived on less than you’ve earned, kept yourself out of debt, and your investments have done pretty well. That means everything will be simple for you in retirement, right? Not necessarily. Let’s talk about some of the problems faced by people who have been diligent savers over the years. We also discuss what people should be looking out for during their last decade of working.   Contact Information: Website: https://insightfolios.com/ Phone: 704-529-9500

With the new year upon us, let’s run through the checklist of things people should be thinking about as it relates to their financial plans. We will also discuss which assets you may find yourself taking for granted that make up a huge piece of your puzzle.   Contact Information: Website: https://insightfolios.com/ Phone: 704-529-9500

Risk is a huge factor when it comes to retirement planning. Kevin will break down the different types of risk and explain how each one can affect your portfolio. We will also look at the three qualities of money which include: safety, growth, and liquidity.   Contact Information: Website: https://insightfolios.com/ Phone: 704-529-9500

On this week's show, we will look at common symptoms in the medical field and relate them to finances. Kevin will be given a symptom and then write a financial prescription on how to alleviate that affliction.   Contact Information: Website: https://insightfolios.com/ Phone: 704-529-9500

With all of the things in the financial world that you can’t control, why would you sabotage your own retirement by messing up the things you can control? Let’s discuss some ways that people sabotage their own financial health. We’ll also look at some negative circumstances that many retirees and pre-retirees face and help you find the silver lining in the midst of tough situations.   Contact Information: Website: https://insightfolios.com/ Phone: 704-529-9500

Kevin will help you avoid some common 401(k) missteps. He'll also answer listener questions, clear up what tax loss harvesting means, and give his thoughts on the fiscal responsibility of government.   Contact Information: Website: https://insightfolios.com/ Phone: 704-529-9500

Sometimes being a good advisor means having uncomfortable conversations. Tell us about how you’ve helped people navigate some of these tricky situations and plan appropriately.   Contact Information: Website: https://insightfolios.com/ Phone: 704-529-9500

A customized retirement plan is much better than a one-size-fits-all approach. And yet, you might not have a plan that's truly customized. Find out what it means to have a plan that's unique to your needs and goals. We'll also discover what makes Kevin tick and learn how age can affect wisdom.   Contact Information: Website: https://insightfolios.com/ Phone: 704-529-9500

If you take a close look at the worst investors in society, you’ll find some recurring traits and mistakes that show up a lot. Are you guilty of any of these? We also take a look at the variables that factor into retirement planning as well.   Contact Information: Website: https://insightfolios.com/ Phone: 704-529-9500

Lots of people have questions about their retirement. But most people should be asking other questions that they don’t know to ask. Some of these questions may revolve around required minimum distributions. We'll also evaluate whether the glass is half empty or half full when it comes to several other retirement topics.   Contact Information: Website: https://insightfolios.com/ Phone: 704-529-9500

So you’ve done a good job saving and investing over the years. You’ve lived on less than you’ve earned, kept yourself out of debt, and your investments have done pretty well. That means everything will be simple for you in retirement, right? Not necessarily. Let’s talk about some of the problems faced by people who have been diligent savers over the years. We also discuss what people should be looking out for during their last decade of working.   Contact Information: Website: https://insightfolios.com/ Phone: 704-529-9500

Flying and retirement planning have a lot of parallels between them. Kevin will break down how these two subjects relate to each other. We also take a look at the 7 deadly sins and see how they can potentially become a problem when you are building a retirement plan for success.   Contact Information: Website: https://insightfolios.com/ Phone: 704-529-9500  

If life insurance becomes part of your retirement plan, you need to make sure you’re able to cash in on a claim should the situation arise. Unfortunately, people make mistakes that end up preventing that from happening. We’ll tell you about those and what you can do to keep that from happening. We also dive into financial statements people make that often do not turn out well and take a look at what might be a better option.   Contact Information: Website: https://insightfolios.com/ Phone: 704-529-9500

There are actually a lot of principles from the personal training and fitness world that we can apply to retirement planning. Let’s explore some similarities and learn how to increase our level of financial fitness.   Contact Information: Website: https://insightfolios.com/ Phone: 704-529-9500

People love DIY projects. There’s even a DIY Network where you can watch shows about home renovation, landscaping, or interior design - and how to do those things without professional help. Let’s talk about the DIY mentality in retirement planning.   Contact Information: Website: https://insightfolios.com/ Phone: 704-529-9500