Welcome to "A Life Well Lived," where Ken Ouellette, founder of Orca Wealth Management, shares insights on growing, preserving, and transferring wealth. In this episode, Ken dives into the topic of Financial FOMO (Fear of Missing Out), shedding light on how it impacts our financial decisions and offering actionable strategies to combat it.In this insightful episode, Ken draws from his three decades of experience to explore the psychology behind FOMO and its detrimental effects on financial planning. From impulsive investments to short-term speculation, Ken highlights the dangers of succumbing to the allure of immediate gains without a solid strategy in place.Key points covered in this episode include:Understanding the concept of FOMO and its prevalence in financial decision-making.Exploring historical examples of FOMO-driven market behaviors, from the dot-com bubble to the real estate boom.Recognizing the difference between value and price in investment decisions.Unveiling the harm caused by FOMO, including the disruption of long-term financial goals and the erosion of disciplined investing principles.Offering practical tips and strategies for overcoming FOMO and staying committed to a well-defined financial plan.Join Ken and Don as they navigate the complex landscape of financial psychology, offering invaluable insights and guidance to help listeners build a secure financial future. Whether you're a seasoned investor or just starting your wealth-building journey, this episode provides actionable steps to help you overcome the fear of missing out and achieve your financial goals.Don't miss out on this opportunity to gain clarity and confidence in your financial decisions. Tune in to "Overcoming Financial FOMO: Building Wealth with a Plan" and take the first step towards a life of financial security and abundance.

Welcome to another empowering episode of "Wealth Guardians," the podcast dedicated to helping you navigate the complexities of financial planning and wealth management. I'm your host, Ken Ouellette, BPM Certified Portfolio Manager and founder of Oracle Wealth Management.In today's episode, we're delving into a crucial and often overlooked aspect of financial well-being - protecting seniors from financial abuse. Join us on this insightful journey where we'll explore the five key strategies to shield your loved ones and yourself from potential threats. With over three decades of experience, I'll share actionable steps and expert insights to help you build, preserve, and transfer your wealth securely.The topics covered include:Facilitating Discussions: Starting conversations with family members about financial abuse and being aware of warning signs.Simplifying Finances: Limiting the number of credit cards and automating bill payments to reduce exposure to potential risks.Regular Monitoring: Subscribing to credit monitoring services, like Experian, to receive alerts about potential fraudulent activities and freezing credit when not actively seeking new credit.Reviewing Financial Statements: Regularly reviewing bank and investment statements for any suspicious or unusual activities.Securing Legal Documents: Keeping important legal documents, such as trusts, wills, and credit card statements, in a secure and fireproof location.Exercising Caution in Sharing Information: Being cautious about sharing personal information and verifying the legitimacy of requests, especially when dealing with sensitive data.So, whether you're planning for retirement, supporting aging family members, or simply keen on strengthening your financial defenses, this episode is packed with practical advice and valuable information. Stick around as we unravel the complexities and provide clarity on securing your financial legacy.

Welcome to A Life Well Lived! Join us in this episode as we dive into the world of retirement planning with Ken Ouellette, BPM Certified Portfolio Manager and founder of Orca Wealth Management. With over three decades of experience, Ken and Don shed light on the often overlooked aspect of transitioning from saving to spending during retirement. Discover actionable steps, mindset shifts, and practical insights to help you build, preserve, and transfer your wealth.Key Points:Shifting Mindsets: Explore the transition from a saver-investor mindset to a distribution mindset and the challenges it brings.Embracing Experiences and Personal Growth: Learn about the importance of embracing new experiences and personal growth during retirement.Freedom to Live on Your Terms: Understand the freedom retirement brings and how to live life on your terms.Planning for Healthcare: Navigate the financial aspects of healthcare, especially when retiring before Medicare eligibility.Evaluating and Adjusting: Ken shares his approach to scenario-based planning, evaluating financial scenarios, and making adjustments for changing circumstances.Client Scenarios: Hear real-life examples and scenarios that clients face during the transition from saving to spending in retirement.Evaluations and Check-ins: Learn about the importance of regular evaluations and check-ins to ensure your financial plan aligns with your evolving goals.Discover the insights and strategies that can make your retirement a fulfilling and financially secure chapter of life. Whether you're approaching retirement or have already retired, this episode provides valuable guidance to help you make the most of your wealth. Tune in and gain the confidence to navigate the complexities of retirement with ease.

Navigating the Waves of Fixed Income: Strategies for a Secure Financial VoyageEmbark on a financial journey with Ken Ouellette and Orca Wealth Management in this episode of "A Life Well Lived." Today's captivating topic, "Principles to Successful Fixed Investing," dives into the often overlooked world of fixed income. Discover the keys to making fixed income investing exciting and how it can serve as the secure foundation of your investment portfolio.Key Points:Understanding Fixed Income: Explore the concept of fixed income as the bedrock of your investment portfolio, akin to the secure foundation of your home.The Importance of Fixed Income: Uncover why fixed income is crucial in moderating portfolio volatility and reducing overall risk.Historical Perspective: Delve into the historical performance of fixed income investing and why it has lost its luster in recent years due to low-interest rates.Yield Curve Insights: Learn about the yield curve and how it plays a pivotal role in fixed income strategies, offering opportunities to hedge bets and maximize returns.Risks in Fixed Income: Examine the three major risks associated with fixed income – reinvestment risk, opportunity loss, and pricing dynamics.Professional Guidance: Understand the significance of working with a financial professional with expertise in fixed income markets to optimize your investment strategy.Discover how fixed income, often overshadowed by equities, can be a powerful tool in achieving your financial goals. Join Ken and his guest, Don, as they share valuable insights, personal experiences, and practical advice on navigating the complexities of fixed income investing.

Navigating Key Retirement Milestones: Planning Your Financial Journey Welcome to Orca Wealth Management's podcast. In this episode, join Ken Ouellette, CPM Certified Portfolio Manager and founder of Orca Wealth Management, as he delves into the critical financial milestones leading up to retirement. Ken brings over three decades of experience to guide you through the intricacies of building, preserving, and transferring wealth, providing actionable steps to plan through life's financial challenges. From catch-up contributions to maximizing Social Security benefits, this episode offers insights and strategies to empower your financial journey.In this episode, Ken and Don engage in a dynamic discussion on key retirement milestones, exploring financial avenues and demystifying complexities for a typical investor approaching retirement. They delve into various segments, unraveling the essential steps and considerations at each stage.Key Points Covered:Maximizing retirement savings through catch-up contributions at age 50.The significance of age 55 in terms of penalty-free withdrawals from retirement accounts.The advantages and considerations of starting Social Security at age 62.Navigating the tax implications and benefits of delaying Social Security up to age 70.Essential insights into Medicare eligibility and its impact on healthcare costs at age 65.Maximizing Social Security benefits by waiting until full retirement age (66-67).Understanding required minimum distributions (RMDs) and their penalties at age 73.Gain valuable insights and strategies to optimize your financial decisions leading up to retirement. Discover actionable steps and key considerations to enhance your retirement savings, plan for healthcare costs, and make informed choices regarding Social Security and required minimum distributions.Have questions or thoughts to share? Reach out to Ken Ouellette and the Orca Wealth Management team for personalized financial guidance.Tune in to this episode for expert insights, actionable advice, and a roadmap to navigate the critical milestones on your path to a secure and prosperous retirement. Let's embark on this journey together, ensuring a life well lived through thoughtful financial planning.Connect with Ken Ouellette:Orca Wealth ManagementBook An AppointmentLinkedIn: Ken OuelletteFacebook: Ken Ouellette Twitter: Ken Ouellette Instagram: Orca Wealth Management YouTube: Orca Wealth Management

Are you thinking about signing up for Medicare or Medicaid insurance? In this episode, Ken Ouellette speaks with Chris Bracciale, a Medicare insurance agent about Medicare insurance. Chris covers a variety of information, from emphasizing how important thinking about Medicare in advance is, to explaining the difference between Medicare and Medicaid, and the various plan options available. Chris discusses:  When people should start thinking about MedicareThe costs associated with MedicareThe difference in coverage between pre-Medicare insurance and MedicareHow likely it is to keep your doctor when you switch to Medicare insuranceWhere to sign up for MedicareThe primary difference between Medicare and MedicaidAnd moreConnect With Ken Ouellette: Orca Wealth ManagementBook An AppointmentLinkedIn: Ken OuelletteFacebook: Ken Ouellette Twitter: Ken Ouellette Instagram: Orca Wealth Management YouTube: Orca Wealth Management Connect With Chris Bracciale: 813-731-3032cbracciale@outlook.comMedicareLinkedIn: Chris BraccialeAbout Our Guest: Chris Bracciale is originally from Philadelphia and currently resides in Florida. Chris works in health insurance and life insurance, specifically with Medicare. Chris is well versed with The Affordable Care Act and helps individuals find the lowest available premiums.

Is America in a recession right now? How can investment portfolios be prepared for one? There are many questions about America’s current economic state and the possibility of a recession, so let’s start off with the basics. In this episode, Ken Ouellette educates listeners on 9 important pieces of information about recessions and shares his professional opinion about whether or not America is currently in a recession, and what listeners can do to prepare themselves for one. Ken discusses:  What a recession isWhat causes a recession to happenHow long a recession typically lastsWhat happens to the stock market during a recessionThe 5 economic indicators that warn of a recessionHow to position your stock and bond portfolios to prepare for a recessionAnd moreConnect with Ken Ouellette: Orca Wealth ManagementBook An AppointmentLinkedIn: Ken OuelletteFacebook: Ken Ouellette Twitter: Ken Ouellette Instagram: Orca Wealth Management YouTube: Orca Wealth Management

Are you looking to buy or sell a house? Tampa Bay’s real estate market is hot right now! In this episode, Ken Ouellette speaks with Tanner Tillung, one of the top real estate agents in West-Central Florida, about Tampa Bay’s current real estate market. Tanner reports what the current market looks like, compares the current market to previous markets, and shares stories and tips about buying and selling properties in Tampa Bay. Tanner discusses:  What differentiates his buying and selling processes from other real estate agents in FloridaWhat Florida’s current real estate market looks likeWhat is considered peak season for Tampa Bay, and what months are usually the slowest in real estateHis key tips for preparing a house and making it looks appealing before putting it on the marketAnd moreConnect with Ken Ouellette: Orca Wealth ManagementBook An AppointmentLinkedIn: Ken OuelletteFacebook: Ken Ouellette Twitter: Ken Ouellette Instagram: Orca Wealth Management YouTube: Orca Wealth Management Connect with Tanner Tillung: (727) 479 – 4548TillungTampaBay.comFacebook: Tillung Tampa BayInstagram: Tillung Tampa BayLinkedIn: Tanner TillungAbout Our Guest: Tanner Tillung has a varied history and is one of the top real estate agents, along with Terry Tillung, in West-Central Florida. Before going into real estate, Tanner lived in New York for three years after high school. He was a professional model and actor from ages 14 to 23, working for major brands like Dior, Tommy Hilfiger, Calvin Klein, and Hollister. He moved to Colorado to study sustainable development and worked for the largest privately held developer in Colorado after college.

Have you started your estate planning? Without the help of a specialist to guide you through the planning process, it’s possible to make some mistakes along the way. In this episode, Ken Ouellette identifies nine estate planning mistakes and shares some advice on how you can avoid them. Ken discusses:  How estate taxes have changed over timeThe mistake of delaying your planningA TOD (transfer on death) account and the issues with itNot accounting for a beneficiary divorceThe mistake of not having a spillover willAnd moreConnect with Ken Ouellette: Orca Wealth ManagementBook An AppointmentLinkedIn: Ken OuelletteFacebook: Ken Ouellette Twitter: Ken Ouellette Instagram: Orca Wealth Management YouTube: Orca Wealth Management

Stagflation is when the price of goods is rising at an above average rate, and the growth of assets is falling in many cases. In this episode, Ken Ouellette explains the key ingredients of stagflation to give you a glimpse into what causes it, and describes his opinion of a healthy outcome for the country. Ken discusses:  Why you rarely hear economists speak of stagflationThree key ingredients that differentiate stagflation from all other calamities in the financial worldThe shocks to the system that can cause stagflationWhy economics is much like medicine And moreConnect with Ken Ouellette: Orca Wealth ManagementBook An AppointmentLinkedIn: Ken OuelletteFacebook: Ken Ouellette Twitter: Ken Ouellette Instagram: Orca Wealth Management YouTube: Orca Wealth Management

Is your financial advisor doing all they can to keep you on the path of success? There are six main areas that your financial advisor should be focusing on and providing to you, the client as part of their services. In this episode of A Life Well Lived, Ken Ouellette explains the six different areas of financial advising in detail along with sharing stories and solutions. Ken discusses:  The importance of planning before retirementHow estate planning can go horribly wrong without proper adviceWhy your financial advisor should be focusing on tax managementEducation funding – gifting $100 on their birthday or contributing to a 529 plan?And moreConnect with Ken Ouellette: Orca Wealth ManagementBook An AppointmentLinkedIn: Ken OuelletteFacebook: Ken Ouellette Twitter: Ken Ouellette Instagram: Orca Wealth Management YouTube: Orca Wealth Management

Are you working the land of the market landscape and trying to find those dividend-paying companies? When you invest in dividend-paying stocks, you’re essentially investing in companies committed to returning value to their shareholders. But not all dividends are created equal. Listen in as Ken Ouellette explains how dividends work in good and bad markets and how you can successfully integrate a dividend approach into your portfolio. Ken discusses:  The basics of dividendsThree qualities that make a good dividend investorWhat defines a good dividend stockThe types of dividend stocksAnd moreConnect with Ken Ouellette: Orca Wealth ManagementBook An AppointmentLinkedIn: Ken OuelletteFacebook: Ken Ouellette Twitter: Ken Ouellette Instagram: Orca Wealth Management YouTube: Orca Wealth Management

Making investment decisions based on fear, greed, and listening to the media has the potential to cause some major damage to your portfolio.  Investing can be risky, but the potential for reward is high if you know how to handle your investments when the market is low. In this episode, Ken Ouellette takes a look at the stock market from the perspective you didn’t know you needed as Ken examines the market corrections and provides valuable techniques you can use to handle a bear market situation. Ken discusses:  The difference between corrections and bear marketsThe causes of a bear marketBear markets from a historical perspectiveHow to approach a bear market to protect your investmentsAnd moreResources:  E.F. Hutton Commercial 1986 Connect with Ken Ouellette: Orca Wealth ManagementBook An AppointmentLinkedIn: Ken OuelletteFacebook: Ken Ouellette Twitter: Ken Ouellette Instagram: Orca Wealth Management YouTube: Orca Wealth Management

Volatility is often associated with the markets going down. But, if you have well thought-out and effective strategies in place, volatility can be what makes you money.  In this episode, Ken Ouellette talks about the importance of volatility. He shares must-know recommendations to handle its ups and downs with less stress, and more financial security.  Ken discusses:  The importance of not panicking during market volatilityWhat it means to actively assess your risk portfolio and how it’s done Why you can’t trust everything you hear about volatility on various advertised media outletsHow to remove emotions from your financesAnd moreResources: A Life Well Lived: Opening the Door to A Life Well Lived with Ken Ouellette, CPM® (Ep. 1)Connect with Ken Ouellette: Orca Wealth ManagementBook An AppointmentLinkedIn: Ken OuelletteFacebook: Ken Ouellette Twitter: Ken Ouellette Instagram: Orca Wealth Management YouTube: Orca Wealth Management

If you commute regularly you might have noticed an increase in the price of gas. What’s the reason behind it? When are the prices going to stabilize? In this episode, Ken Ouellette gets real about the current oil and gas prices and educates you on why they are on the rise looking into more than just the war in Ukraine and different insights you may not have considered.  Ken discusses:  Potential signs of gas and oil prices going down in the near future How the higher gas prices can affect other industries Ways you can save money when filling your tank upWays high gas prices can affect the economy And moreConnect with Ken Ouellette: Orca Wealth ManagementBook An AppointmentLinkedIn: Ken OuelletteFacebook: Ken Ouellette Twitter: Ken Ouellette Instagram: Orca Wealth Management YouTube: Orca Wealth Management

If you commute regularly you might have noticed an increase in the price of gas. What’s the reason behind it? When are the prices going to stabilize? In this episode, Ken Ouellette gets real about the current oil and gas prices and educates you on why they are on the rise looking into more than just the war in Ukraine and different insights you may not have considered.  Ken discusses:  Potential signs of gas and oil prices going down in the near future How the higher gas prices can affect other industries Ways you can save money when filling your tank upWays high gas prices can affect the economy And moreConnect with Ken Ouellette: Orca Wealth ManagementBook An AppointmentLinkedIn: Ken OuelletteFacebook: Ken Ouellette Twitter: Ken Ouellette Instagram: Orca Wealth Management YouTube: Orca Wealth Management

It’s no secret that interest rates are going up, leaving many people feeling helpless.  In this episode, Ken Ouellette dives deep into interest rates and addresses some fears and concerns people may have when it comes to changing interest rates. He offers strategic advice on how to stay on top of changes to your financial account that could affect your finances.  Ken discusses:  How interest rates can put a hamper on your fixed-income investments How interest rates affect the 10-year treasury causing increases in pricing The correlation between interest rates and taxes to help you better understand interest rates Advice for investors to better protect their investments And more!Connect with Ken Ouellette: LinkedIn: Ken Ouellette Orca Wealth.com Facebook: Ken Ouellette Twitter: Ken Ouellette Instagram: Orca Wealth YouTube: Orca Wealth

It can be challenging to know when exactly to invest, how, and what strategies are going to work for your portfolio. Diversification is an investment strategy that has the potential to be incredibly powerful when used correctly and strategically. In this episode, Ken Ouellette explains why diversification is so important when it comes to risk mitigation with your investment portfolio. He also reveals how, when not done properly, diversification can result in some devastating consequences.  Ken discusses:  What it really means to have a well-diversified portfolioHow history has proven the effectiveness of diversificationStrategies to diversify your portfolioGetting over the loyalty mindset when holding stocks for certain companies And moreConnect with Ken Ouellette: LinkedIn: Ken Ouellette Orca Wealth.com Facebook: Ken Ouellette Twitter: Ken Ouellette Instagram: Orca Wealth YouTube: Orca Wealth

It’s no surprise that prices have been rising and inflation is at an all time high. But what can you do about it today to help protect your finances tomorrow? More than you might think. In this episode, Ken Ouellette talks about the recent increase in inflation that our country and the rest of the world have been having. He also provides some advice to help combat inflation.  Ken discusses:  How fast prices are rising and methods we can use to measure it What type of relief the government can provide Effects of new technology on our economy How wages and the stock market are being affected by inflation And moreConnect with Ken Ouellette: (727) 938-1600LinkedIn: Ken Ouellette Orca Wealth Management Facebook: Ken Ouellette Twitter: Ken Ouellette Instagram: Orca Wealth YouTube: Orca Wealth

Signing up with a financial advisor can be intimidating and often is something many don’t do until a crisis occurs and they need financial guidance. Don’t let it happen to you! In this episode, Ken Ouellette, CPM® explains how the experience doesn’t have to be scary and why you should do it before a crisis … Continue reading Taking the Fear Out of Creating a Financial Plan (Ep.3) →