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How Money Works

Business & Economics Podcasts

Husband and wife team, Craig and Jennifer Moser of Maestro Wealth Advisors discuss crucial tips for planning your successful retirement. Listen for valuable insight from professionals with unique insight and perspective on How Money Works. If you need any help with your financial or retirement plan, give them a call at 336-448-1086 or visit the website, https://maestrowealth.com Avantax affiliated financial professionals may only conduct business with residents of the states for which they are properly registered. Please note that not all of the investments and services mentioned are available in every state. Securities offered through Avantax Investment Services(SM), Member FINRA, SIPC. Investment advisory services offered through Avantax Advisory Services(SM). Fixed life insurance and annuity products offered through Maestro Insurance Services, Inc. All other insurance services offered through an Avantax affiliated insurance agency. The Avantax family of companies exclusively provide investment products and services through its representatives. Although Avantax Wealth Management(SM) does not provide tax or legal advice, or supervise tax, accounting or legal services, Avantax representatives may offer these services through their independent outside business. Avantax affiliated financial professionals may only conduct business with residents of the states for which they are properly registered. Please note that not all of the investments and services mentioned are available in every state This information is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. Content, links, and some material within this website may have been created by a third party for use by an Avantax affiliated representative. This content is for educational and informational purposes only and does not represent the views and opinions of Avantax Wealth Management(SM) or its subsidiaries. Avantax Wealth Management(SM) is not responsible for and does not control, adopt, or endorse any content contained on any third-party website.

Location:

United States

Description:

Husband and wife team, Craig and Jennifer Moser of Maestro Wealth Advisors discuss crucial tips for planning your successful retirement. Listen for valuable insight from professionals with unique insight and perspective on How Money Works. If you need any help with your financial or retirement plan, give them a call at 336-448-1086 or visit the website, https://maestrowealth.com Avantax affiliated financial professionals may only conduct business with residents of the states for which they are properly registered. Please note that not all of the investments and services mentioned are available in every state. Securities offered through Avantax Investment Services(SM), Member FINRA, SIPC. Investment advisory services offered through Avantax Advisory Services(SM). Fixed life insurance and annuity products offered through Maestro Insurance Services, Inc. All other insurance services offered through an Avantax affiliated insurance agency. The Avantax family of companies exclusively provide investment products and services through its representatives. Although Avantax Wealth Management(SM) does not provide tax or legal advice, or supervise tax, accounting or legal services, Avantax representatives may offer these services through their independent outside business. Avantax affiliated financial professionals may only conduct business with residents of the states for which they are properly registered. Please note that not all of the investments and services mentioned are available in every state This information is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. Content, links, and some material within this website may have been created by a third party for use by an Avantax affiliated representative. This content is for educational and informational purposes only and does not represent the views and opinions of Avantax Wealth Management(SM) or its subsidiaries. Avantax Wealth Management(SM) is not responsible for and does not control, adopt, or endorse any content contained on any third-party website.

Language:

English


Episodes

Financial Considerations For Job Transitions

3/7/2024
Being in between jobs can be frustrating. If you find yourself in this season, it’s important to have a clear plan of action to keep your finances in order. Stay tuned as Craig and Jennifer discuss some areas to consider for those facing job changes, layoffs, or contemplating early retirement. Here’s some of what we discuss in this episode: Get additional financial resources: https://maestrowealth.com/how-money-works-podcast/ Schedule a meeting: https://timetoseemaestrowealth.as.me/ReadytoBegin

Duration:00:21:40

Down The Homestretch of Retirement Planning

2/15/2024
The decade leading up to retirement comes with many things to think about. Not only are there some financial shifts and opportunities to navigate, but it’s important to keep your physical health and goals for retirement in focus too. In this episode, we’ll unpack the key elements that matter most during the home stretch of retirement planning. Here’s some of what we discuss in this episode: Staying active and healthy in the later years of your careerFiguring out what you’re retiring to and building that into your financial planSome financial opportunities to take advantage of your last 10 years of workingTaking a look at your debt + risk management Get additional financial resources: https://maestrowealth.com/how-money-works-podcast/ Schedule a meeting: https://timetoseemaestrowealth.as.me/ReadytoBegin

Duration:00:23:59

Why Business Owners Need to Have a Sense of Urgency

2/1/2024
It’s easy for business owners to get so focused on their work that they overlook some of the long-term planning areas that need to be addressed. Today we want to highlight a few of the items that need your attention and explain why it’s necessary to have a sense of urgency with these things. Here’s some of what we discuss in this episode: Contact Maestro Wealth: Web: https://maestrowealth.com/ Email: info@maestrowealth.com Phone: 336-448-1086

Duration:00:21:52

New Year’s Financial Checklist for 2024

1/18/2024
Everyone wants to get the year started on the right foot so today we’re going to run through a checklist of financial items you need to address in 2024. We'll explore the nuances tax planning, share some tips for staying organized, and make sure you’re making the most out of your retirement contributions in the coming year. Staying on top of your overall financial health will give you the opportunity to make adjustments before it’s too late and help you stay on track to reach your retirement goals. Here’s some of what we discuss in this episode: Get additional financial resources: https://maestrowealth.com/how-money-works-podcast/ Schedule a meeting: https://timetoseemaestrowealth.as.me/ReadytoBegin

Duration:00:10:45

The Keys to Good Financial Health

1/4/2024
We all seem to have a renewed focus on our health as the new year rolls around so let’s take some time to talk about your financial health and a few of the key indicators that show you’re in good health. Each of the things we’ll discuss today might seem pretty straightforward or even obvious, but they are often overlooked or ignored. So let’s lay out some easy steps you can take in the new year to make sure your financial health gets a Here’s some of what we discuss in this episode: Get additional financial resources: https://maestrowealth.com/how-money-works-podcast/ Schedule a meeting: https://timetoseemaestrowealth.as.me/ReadytoBegin

Duration:00:12:26

Retirement Questions You Can’t Answer

12/21/2023
Having certainty in retirement is always the goal, but life just doesn’t allow for that. There are unforeseen circumstances that will undoubtedly arise in each of our lives, so how do you prepare for questions that don’t have answers yet? We’ll dive into the unpredictable world of financial planning and talk about how to stay informed and adaptable in retirement. Here’s some of what we discuss in this episode: Get additional financial resources: https://maestrowealth.com/how-money-works-podcast/ Schedule a meeting: https://timetoseemaestrowealth.as.me/ReadytoBegin

Duration:00:21:15

Tax Consequences for Different Account Types

12/7/2023
In this episode, we’ll weigh the pros and cons of different accounts, starting with tax-deferred accounts like 401(K)s and IRAs. Then we’ll shift to the tax-free options and the benefits that Roth IRAs can provide over time. Tax planning might not be the most exciting thing to dive into, but understanding the different tax strategies can help you keep more money in your pocket. Here’s some of what we discuss in this episode: Get additional financial resources: https://maestrowealth.com/how-money-works-podcast/ Schedule a meeting: https://timetoseemaestrowealth.as.me/ReadytoBegin

Duration:00:12:16

Cutting Corners in Retirement Planning

11/16/2023
In this episode, Craig and Jennifer unpack the common pitfalls people encounter when cutting corners in retirement planning. From taking excessive investment risks to neglecting legal documents and estate planning, this episode sheds light on some crucial aspects of financial preparedness. Stay tuned to see why thorough, proactive planning and informed decision making are so important in the world of finance. Here are some of the cut corners we discuss in today’s show: Taking too much risk in investmentsNeglecting essential legal documents and estate planningNot planning for long-term care Get additional financial resources: https://maestrowealth.com/how-money-works-podcast/ Schedule a meeting: https://timetoseemaestrowealth.as.me/ReadytoBegin

Duration:00:22:47

What Does It Mean to Be Risk Averse?

11/2/2023
Everyone we work with will have a different comfort level when it comes to risk, which we account for when building a plan. But what does it mean when someone tells us they are risk averse? So how do we determine someone’s true capacity for risk? In this episode, we’ll tell you about an online tool we use with people to find out which range of outcomes they’re comfortable with and explore the idea of being risk averse and what that truly means to planning. Here’s some of what we discuss in this episode: Get additional financial resources: https://maestrowealth.com/how-money-works-podcast/ Schedule a meeting: https://timetoseemaestrowealth.as.me/ReadytoBegin

Duration:00:14:03

Financial Planning with Forrest Gump

10/19/2023
It’s pretty hard to believe that it’s been nearly 30 years since the movie Forrest Gump hit theaters. In case you needed another reminder of your age, there you go. That was one of the great movies of all time, winning multiple Oscars and grossing more than $600 million at the box office, and it still holds up today with its memorable quotes. Today we’re going to share some of our favorites but apply a little financial planning lesson from what Forrest said. And that’s all we have to say about that. Here’s are the quotes we’ll have fun with in this episode: Get additional financial resources: https://maestrowealth.com/how-money-works-podcast/ Schedule a meeting: https://timetoseemaestrowealth.as.me/ReadytoBegin

Duration:00:15:25

When is it Okay to Procrastinate?

10/5/2023
If you’re someone who likes to procrastinate, especially when it comes to your finances, then this episode might be just what you need. We’re going to ask Craig and Jennifer about some planning items and find out whether it’s okay to put things off for later or whether they need our attention now. Here’s some of what we discuss in this episode: Get additional financial resources: https://maestrowealth.com/how-money-works-podcast/ Schedule a meeting: https://timetoseemaestrowealth.as.me/ReadytoBegin

Duration:00:11:43

All About Annuities

9/21/2023
Are you considering incorporating annuities into your financial planning but find them too complex to comprehend? You're not alone. Annuities are often misunderstood, and this lack of understanding can deter people from utilizing this financial tool. In this episode of our podcast, we delve deep into the world of annuities, exploring their complexities, benefits, risks, and real-world applications. Here is some of what we’ll discuss on today’s show: Before you can dive into annuities, you need first to understand the basics of annuities. The different rider options that come with the annuity and the costs associated with those. What does it mean to annuitize a contract. Using annuities to pay for long term care in retirement. The different risks that come with annuities. We’ll share some examples of people who have utilized annuities into their retirement plan. Get additional financial resources: https://maestrowealth.com/how-money-works-podcast/ Schedule a meeting: https://timetoseemaestrowealth.as.me/ReadytoBegin

Duration:00:21:22

Obvious Financial Moves That Aren’t Always So Obvious

8/24/2023
All the statements we’re going to talk about on the show today are all commonsense items that pretty much no one would disagree with on the surface. But for some reason, our actions often don’t line up with the obvious strategies. Let’s talk about why that is and what we need to do to stay on track. Here is some of what we’ll discuss on today’s show: Why is it so difficult for investors to follow the strategy of buying low and selling high? Investors don’t think of a down stock market as a sale like they would when shopping normally. What can you do to avoid paying more in taxes than you have to? How can you keep costs and fees down so you don’t eat into returns? An example of why diversification is so important. Get additional financial resources: https://maestrowealth.com/how-money-works-podcast/ Schedule a meeting: https://timetoseemaestrowealth.as.me/ReadytoBegin

Duration:00:22:52

Investing By Profession

8/17/2023
What we want to do today is think about the clients we work with, the styles of people that we see, and determine if there are any investing similarities between people in the same industry. The mindset and the skillset that drove them into the profession might also affect how they plan – or don’t – for retirement. It’s an interesting exercise but one that will be fun to talk through and discuss. Join us to see if your profession is on the list and let us know if you’ve seen similar traits. Here is some of what we’ll discuss on today’s show: Most teachers have two main sources of income in retirement. Do teachers value planning more with their background of lesson plans? Does the intelligence of doctors translate to structured and sound financial planning? Engineers really like the details and opening up the hood on how the plan works. What we enjoy most about working with entrepreneurs and small business owners. Get additional financial resources: https://maestrowealth.com/how-money-works-podcast/ Schedule a meeting: https://timetoseemaestrowealth.as.me/ReadytoBegin

Duration:00:21:40

Taking A Look At Retirement Statistics

8/3/2023
Today we’re talking about retirement statistics. For example, did you know that 56% of Americans lose sleep when they think about retirement? That’s no way to live your life. That’s why we’re here to help you plan. We’ll share some more stats that will make you think and might even change your mind on some topics. As always, if you have questions about retirement or investing, feel free to reach out to us for help. Here is some of what we’ll discuss on today’s show: Women are 27% more likely than men to have no retirement savings. 76% of Baby Boomers aren’t confident they’ve saved enough for retirement. Nearly one-third of homeowners of retiring age still have mortgage debt. Get additional financial resources: https://maestrowealth.com/how-money-works-podcast/ Schedule a meeting: https://timetoseemaestrowealth.as.me/ReadytoBegin

Duration:00:21:20

Is Your Plan Facing Imminent Disaster?

7/20/2023
Let’s talk about some of the areas of your financial life where disaster might be right around the corner. Too many people are walking around with no documents, or documents that are in desperate need of an update. Don’t let this be you. As always, if you have questions about retirement or investing, feel free to reach out to us for help. Here is some of what we’ll discuss on today’s show: Out of date legal documents (0:39) Tax time bombs (8:54) The classic 60/40 portfolio (15:59) Get additional financial resources: https://maestrowealth.com/how-money-works-podcast/ Schedule a meeting: https://timetoseemaestrowealth.as.me/ReadytoBegin

Duration:00:19:25

Evaluating Long-Term Care Options

7/6/2023
On the list of dozens of retirement-related concerns, how high on the list does the potential need for long-term care rank for you? If you live long enough, chances are you will need extra medical help, and those expenses can add up quickly. On today’s show, we’ll share some questions you should consider when deciding whether you need long-term care insurance. Here is some of what we’ll discuss on today’s show: How likely is it for someone to self-fund their long-term care? (6:11) Is long-term care insurance a good investment for people? (9:16) Will a hybrid plan work for you? (14:52) Get additional financial resources: https://maestrowealth.com/how-money-works-podcast/ Schedule a meeting: https://timetoseemaestrowealth.as.me/ReadytoBegin

Duration:00:19:44

Financial Laws To Guide Your Planning

6/15/2023
Just like the law of gravity in physics, there are financial laws that we need to consider. We’ll share several important ones today, including the laws of behemoths, rising taxes, market movement and expectations. Do you know what the behemoths are? Tune in to today's show to find out more! As always, if you have questions about retirement or investing, feel free to reach out to us for help. Here is some of what we’ll discuss on today’s show: The Law of Behemoths (0:37) The Law of Rising Taxes (5:10) The Law of Inflation (7:57) Get additional financial resources: https://maestrowealth.com/how-money-works-podcast/ Schedule a meeting: https://timetoseemaestrowealth.as.me/ReadytoBegin

Duration:00:19:25

Things to Consider with Your 401(k)

6/1/2023
For many people, a 401(k) is their most powerful retirement savings vehicle. That’s because they’re able to contribute so much to it and their employer is often contributing as well with a company match up to a certain percentage. Since a 401(k) is so easy to use, there may be some things you’re overlooking with it. Tune in as we cover some important 401(k) considerations in this episode. Here is some of what we’ll discuss on today’s show: A 401(k) is not very liquid. (2:02) What is a target date fund? (3:17) How high earners often handle investing. (4:37) Get additional financial resources: https://maestrowealth.com/how-money-works-podcast/ Schedule a meeting: https://timetoseemaestrowealth.as.me/ReadytoBegin

Duration:00:13:50

Ep 77: Grading Your Financial Competency

5/18/2023
When was the last time you took a test? It’s probably been a while, right? On today’s show, we’ll invite you to grade your own financial competency by seeing how many of these questions you can answer confidently. We’ll explain why it’s so important for your financial future that you know the ins and outs of these questions. Here is some of what we’ll discuss on today’s show: Do you know your net worth right now? (6:00) How much do you spend? (8:33) Do you know how much risk you have? (11:45) Get additional financial resources: https://maestrowealth.com/how-money-works-podcast/ Schedule a meeting: https://timetoseemaestrowealth.as.me/ReadytoBegin

Duration:00:23:59