In this episode of “Your Telecom Retirement,” we delve into the urgent issue of financial scams targeting seniors. We discuss real-life stories of scams, the technology gap between generations, and how to have difficult conversations about financial safety with older relatives. Join us as we explore the strategies and tools to protect the financial well-being …
In this episode of “Your Telecom Retirement,” we dig into the crucial topic of withdrawing money from your 401k in retirement. We start by discussing the shift in retirement funding from pensions to social security to 401k plans. We then explore the strategies for withdrawing from a 401k, including the traditional 5% withdrawal rule and …
In this episode of “Your Telecom Retirement,” we’re covering the complex world of estate planning. We start our journey by understanding the importance of finding the right attorney who specializes in estate planning and with whom you can build a strong working relationship. We discuss the common pitfalls of estate planning and the importance of …
In this episode of “Your Telecom Retirement,” we dive into the complex world of 401k management. We kick off our journey by understanding the importance of not overthinking your 401k investments. We discuss the pitfalls of overtrading and the benefits of dollar cost averaging. Join us as we explore the potential risks of holding a …
In this episode of “Your Telecom Retirement,” we dive into the often misunderstood world of power of attorney. We start our exploration by understanding power of attorney and its importance in our lives. We discuss the different types of power of attorney, from the commonly known healthcare proxy to the broader general power of attorney. …
In this episode of “Your Telecom Retirement,” we explore the world of trusts, specifically revocable living trusts, and their role in estate planning. We start by debunking common misconceptions about trusts, highlighting their importance for the wealthy and anyone seeking to simplify their estate planning. We also discuss the role of trusts in managing assets …
Do the values of a company factor into your investment decisions? In the latest episode of “Your Telecom Retirement,” I dive deep into the world of ESG (Environmental, Social, and Governance) investing, a form of investing that considers a company’s impact on the environment, its social responsibility, and its governance practices. We start by untangling …
In this episode of “Your Telecom Retirement,” we dive into the murky waters of financial advising and the potential pitfalls that can endanger your assets.We start with a real-life story about a local firm fined $2.5 million by the SEC for not properly monitoring one of its brokers. This broker was involved in predatory sales …
In this episode of “Your Telecom Retirement,” we embark on a time-traveling adventure through the world of wills and estate planning. We begin our journey in the stone halls of 13th-century England with the signing of the Magna Carta. This document established the principle that no one, not even the king, is above the law. …
In this episode of “Your Telecom Retirement,” we explore the mantra “do the opposite” as a strategy for retirees to navigate financial crises and recessions. We journey back to the 2008 financial crisis, a time when panic and fear gripped the world. I share my personal experiences and insights from this tumultuous period, highlighting the …