Are you tired of donating cash to charities and missing out on potential tax savings? In this episode of the Retirement Power Hour, Joe Allaria, CFP®, provides four different ways, including Gifting Appreciated Shares, Qualified Charitable Distributions (QCDs), Bunching Donations Into One Year, and Mega-Bunching with Donor Advised Funds, that you can use to reduce your taxes while still giving to the charities that you care about.Resources Mentioned on the Show:• Charitable Donations Using Stock Not Cash• Can I Lower My Taxes with a Donor Advised Fund• Lowering Taxes with QCDs If you enjoyed this episode, make sure to check out our latest podcast on The Stock Market During an Election Year.Submit Your QuestionsTo submit a listener question, visit our website, The Retirement Power Hour Website and enter the details of your question.Leave a ReviewVisit The Retirement Power Hour Website to leave a review on Apple Podcasts or Spotify.Disclaimer:All material discussed on this podcast is for educational purposes only and should not be construed as individual tax, legal, or investment advice. Investing involves risk of loss and investors should be prepared to bear potential losses. Past performance may not be indicative of future results. Joe Allaria is an Investment Adviser Representative of , a Registered Investment Advisory firm. Information discussed on this podcast may be derived from third parties that are believed to be reliable, but CarsonAllaria Wealth Management does not control or guarantee the accuracy or timeliness of such information and disclaims all liability for damages resulting from such sources. Any references to third parties are provided as a convenience and do not constitute an endorsement.Learn more about CarsonAllaria Wealth Management at https://carsonallaria.com/Invest Wiser & Retire Better!

The 2024 presidential election has caused many investors to wonder if they should be doing anything differently. Is it safe to stay invested in stocks and bonds during this time, or should investors move their money to the sidelines until later this year? In Episode #28 of the Retirement Power Hour, Joe Allaria, CFP®, talks with Jake DeKinder, Head of Client Communications and Vice President at Dimensional Fund Advisors, about what the stock market has done in the past during election years and if the 2024 election year is different.About Our GuestAs Head of Client Communications, Jake helps develop the messaging and communication strategy for Dimensional’s Global Client Group. In this role, he interacts closely with clients to understand their needs and challenges and best align the resources of Dimensional to produce content and materials that will support clients in their business. Prior to joining Dimensional, Jake owned and operated a restaurant franchise in the Atlanta, Georgia, area.A CFA® charterholder, Jake earned his MBA and MPA from the McCombs School of Business at the University of Texas at Austin and his BBA from the Goizueta Business School at Emory University. Resources Mentioned on the ShowHow Much Impact Does the President Have on Stocks?If you enjoyed this episode of the Retirment Power Hour, check out our Podcast on Cybersecurity: How to Stay Secure OnlineListener QuestionI am trying to get information on spousal benefits and just watched your episode 12, excellent presentation. My husband is 73 and began taking SS benefits at full retirement age. I am now 66 and eligible for my own full retirement benefit, but a financial advisor recommended filing for the spousal benefit until switching to my own (higher) benefit at age 70. Do we both need to be born before 1953 for me to have this option? If you can answer, that would be so helpful since it is very difficult to get an appointment with SSASubmit Your QuestionsTo submit a listener question, visit our website, The Retirement Power Hour Website and enter the details of your question. Leave a ReviewVisit The Retirement Power Hour Website to leave a review on Apple Podcasts or Spotify.Disclaimer:All material discussed on this podcast is for educational purposes only and should not be construed as individual tax, legal, or investment advice. Investing involves risk of loss and investors should be prepared to bear potential losses. Past performance may not be indicative of future results. Joe Allaria is an Investment Adviser Representative of , a Registered Investment Advisory firm. Information discussed on this podcast may be derived from third parties that are believed to be reliable, but CarsonAllaria Wealth Management does not control or guarantee the accuracy or timeliness of such information and disclaims all liability for damages resulting from such sources. Any references to third parties are provided as a convenience and do not constitute an endorsement.Learn more about CarsonAllaria Wealth Management at https://carsonallaria.com/

In Episode #27 of the Retirement Power Hour, Joe Allaria, CFP®, talks about various ways you can protect yourself online from cybersecurity attacks, phishing attempts, and other forms of attempted fraud. Resources Mentioned on the Show:As Nationwide Fraud Looses Top $10 Billion in 2023 Identity Theft: 15 Ways to Protect Against Cyber Attacks If you enjoyed this episode, make sure to check out our latest podcast on Social Security: Will I Get It? Submit Your QuestionsTo submit a listener question, visit our website, https://www.retirementpowerhourpodcast.com, and enter the details of your question.Leave a ReviewVisit The Retirement Power Hour to leave a review on Apple Podcasts or Spotify.Disclaimer: All material discussed on this podcast is for educational purposes only and should not be construed as individual tax, legal, or investment advice. Investing involves risk of loss and investors should be prepared to bear potential losses. Past performance may not be indicative of future results. Joe Allaria is an Investment Adviser Representative of a Registered Investment Advisory firm. The information discussed on this podcast may be derived from third parties that are believed to be reliable, but CarsonAllaria Wealth Management does not control or guarantee the accuracy or timeliness of such information and disclaims all liability for damages resulting from such sources. Any references to third parties are provided as a convenience and do not constitute an endorsement.Learn more about CarsonAllaria Wealth Management at https://carsonallaria.com/Invest Wiser & Retire Better!

In 10 years will you be able to rely on Social Security to be there for you? In episode 26 of the Retirement Power Hour, Joe Allaria, CFP ®, talks about if Social Security is going to pay out benefits in the future and a six-part plan on how to fix Social Security. To learn more on this topic, take a look at our article on Social Security: Will I Get It?If you enjoyed this episode, make sure to check out our latest podcast on 2024 Stock Market Predictions  Resources Mentioned on the Show:The Reformer: An Interactive Tool to Fix Social Security Submit Your QuestionsTo submit a listener question, visit our website, https://www.retirementpowerhourpodcast.com, and enter the details of your question.Leave a ReviewVisit https://www.retirementpowerhourpodcas... to leave a review on Apple Podcasts or Spotify.Disclaimer: All material discussed on this podcast is for educational purposes only and should not be construed as individual tax, legal, or investment advice. Investing involves risk of loss and investors should be prepared to bear potential losses. Past performance may not be indicative of future results. Joe Allaria is an Investment Adviser Representative of a Registered Investment Advisory firm. The information discussed on this podcast may be derived from third parties that are believed to be reliable, but CarsonAllaria Wealth Management does not control or guarantee the accuracy or timeliness of such information and disclaims all liability for damages resulting from such sources. Any references to third parties are provided as a convenience and do not constitute an endorsement.  Learn more about CarsonAllaria Wealth Management at https://carsonallaria.com/

Can we trust these large financial institutions that claim to know what the market is going to do? In this episode of the Retirement Power Hour, Joe Allaria, CFP ®, sits down with fellow financial advisor, Jay Waters, to talk about what happened in 2023, what the “experts” say is going to happen in 2024, and why to think twice before listening to what these large financial institutions predict. If you enjoyed this episode, make sure to check out our latest podcast on How to Pay 0% in Capital Gains Tax.  Resources Mentioned on the Show:Europe Stocks End 2023 Up 12.64%, cnbc.com Current US Inflation Rates, usinflationcalculator.com  Up and down days in the US market, insight.factset.comUnloved Healthcare Stocks, reuters.com Apple Inc. (AAPL) performance review, finance.yahoo.com 3 Market Predictions for 2024, blackrock.com2024 U.S. Stock Market Outlook, morganstanley.com 2024 Stock Market Forecast, forbes.com 10 Stock Market Predictions for 2024, fool.comHarry Dent: Biggest Crash of our Lifetime, foxbusiness.com  Listener QuestionWhat do you think the market will do in 2024?  Submit Your QuestionsTo submit a listener question, visit our website, https://www.retirementpowerhourpodcast.com/, and enter the details of your question. Leave a ReviewVisit https://www.retirementpowerhourpodcast.com/ to leave a review on Apple Podcasts or Spotify. Disclaimer: All material discussed on this podcast is for educational purposes only and should not be construed as individual tax, legal, or investment advice. Investing involves risk of loss and investors should be prepared to bear potential losses. Past performance may not be indicative of future results. Joe Allaria is an Investment Adviser Representative of a Registered Investment Advisory firm. The information discussed on this podcast may be derived from third parties that are believed to be reliable, but CarsonAllaria Wealth Management does not control or guarantee the accuracy or timeliness of such information and disclaims all liability for damages resulting from such sources. Any references to third parties are provided as a convenience and do not constitute an endorsement.Learn more about CarsonAllaria Wealth Management at https://carsonallaria.com/

Is it even possible to pay 0% in Capital Gains Tax? In this episode of the Retirement Power Hour, Joe Allaria, CFP®, explains 4 strategies to NOT pay any capital gains tax, including gain harvesting, donating appreciated shares of securities, tax-loss harvesting, and not selling at all (but instead leaving your shares to your heirs).If you enjoyed this episode, make sure to check out our last podcast on How to Not Fail at Retirement with Author Mike Drak. Resources Mentioned on the Show:Smart Charitable Giving: How to Receive the Full Tax Benefits of Your Giving [VIDEO]Charitable Donations Using Stock, Not Cash [BLOG]Listener QuestionI am 65 years old. I am a self-employed contractor and am earning (as an employee) 36K per year.  I do not want to retire, but I want to collect social security benefits and keep working.  My estimated yearly SS benefit is 26K.  I can earn 21K as an employee.  I plan to keep working, then at full retirement age collect 36K in wages from the business. Does this plan make any sense?Submit Your QuestionsTo submit a listener question, visit our website, https://www.retirementpowerhourpodcast.com and enter the details of your question.Leave a ReviewVisit https://www.retirementpowerhourpodcast.com to leave a review on Apple Podcasts or Spotify.Disclaimer: All material discussed on this podcast is for educational purposes only and should not be construed as individual tax, legal, or investment advice. Investing involves risk of loss and investors should be prepared to bear potential losses. Past performance may not be indicative of future results. Joe Allaria is an Investment Adviser Representative of , a Registered Investment Advisory firm. Information discussed on this podcast may be derived from third parties that are believed to be reliable, but CarsonAllaria Wealth Management does not control or guarantee the accuracy or timeliness of such information and disclaims all liability for damages resulting from such sources. Any references to third parties are provided as a convenience and do not constitute an endorsement.Learn more about CarsonAllaria Wealth Management at https://carsonallaria.com/.

Most people are worried about having enough money saved for retirement; but financial planning alone, without lifestyle planning, is a ticket to Retirement Hell. In this episode of The Retirement Power Hour, Joe Allaria, CFP®, sits down with Author Mike Drak to discuss his book “Longevity Lifestyle by Design” and how to avoid failing at retirement.  About Our Guest After a thirty-eight-year career within the financial services industry, Mike Drak experienced what he has now termed “retirement shock”. As a result, Mike spent the next 6 years doing research about retirement which resulted in his best-selling books “Longevity Lifestyle by Design” and “Victory Lap Retirement” based on his realization that full-stop retirement doesn’t work for most people." Mike works with his wife, an investment advisor, to help clients design a fulfilling retirement.Along with being a best-selling author, Mike is also a public speaker and retirement lifestyle designer. He has received awards for his writing, and you can find his articles at Booming Encore.  Resources Mentioned on the Show Download the Book and Worksheet here for freeLongevity Lifestyle by Design on Amazon Listener Question I am trying to get information on spousal benefits and just watched your episode 12, excellent presentation. My husband is 73 and began taking SS benefits at full retirement age. I am now 66 and eligible for my own full retirement benefit, but a financial advisor recommended filing for the spousal benefit until switching to my own (higher) benefit at age 70. Do we both need to be born before 1953 for me to have this option? If you can answer, that would be so helpful since it is very difficult to get an appointment with SSASubmit Your QuestionsTo submit a listener question, visit our website, https://www.retirementpowerhourpodcas... , and enter the details of your question. Leave a ReviewVisit https://www.retirementpowerhourpodcas... to leave a review on Apple Podcasts or Spotify. Disclaimer: All material discussed on this podcast is for educational purposes only and should not be construed as individual tax, legal, or investment advice. Investing involves risk of loss and investors should be prepared to bear potential losses. Past performance may not be indicative of future results. Joe Allaria is an Investment Adviser Representative of , a Registered Investment Advisory firm. Information discussed on this podcast may be derived from third parties that are believed to be reliable, but CarsonAllaria Wealth Management does not control or guarantee the accuracy or timeliness of such information and disclaims all liability for damages resulting from such sources. Any references to third parties are provided as a convenience and do not constitute an endorsement. Learn more about CarsonAllaria Wealth Management at https://carsonallaria.com/

Without your health how could you enjoy your retirement? The time is now to invest in your health! In this episode, Joe Allaria, CFP®, gets the chance to sit down and talk with Dr. Tibor Kopjas and discuss ways to stay healthy, get fit, and feel great in retirement. About Our GuestDr. Tibor Kopjas, a practitioner for over 30 years in Maryville, IL. He returned to his original vision of patient-focused healthcare in 2019 when he began partnering with MDVIP to prioritize personalized care.Resources MentionedMD VIP WebsiteDr.Kopjas.com Listener QuestionI was born in 1953.  I have been collecting 1/2 of my husband’s SS benefits and continuing to grow my own.  As I turned 70 in February, how long can I continue to collect 1/2 of his?  Is there an age limit?  Thank you for your time.I am (husband) 69 years old, still working, not claiming social security. My wife is 70 years old and was born in May 1953. She has been receiving social security for the last 2yrs based on her short working years and her benefits are much smaller. Can she claim spousal benefits based on my working record, but I have not claimed SS yet? Planning to take my SS next year when I turn 70 yrs. Thank you in advance.My husband is already drawing his benefits…he was born in October of 1952. I’ll hit FRA in September of 2023. Do I qualify for the restricted filing application? Submit Your QuestionsTo submit a listener question, visit our website, https://www.retirementpowerhourpodcas... , and enter the details of your question.Leave a ReviewVisit https://www.retirementpowerhourpodcas... to leave a review on Apple Podcasts or Spotify.Disclaimer:All material discussed on this podcast is for educational purposes only and should not be construed as individual tax, legal, or investment advice. Investing involves risk of loss and investors should be prepared to bear potential losses. Past performance may not be indicative of future results. Joe Allaria is an Investment Adviser Representative of, a Registered Investment Advisory firm. The information discussed on this podcast may be derived from third parties that are believed to be reliable, but CarsonAllaria Wealth Management does not control or guarantee the accuracy or timeliness of such information and disclaims all liability for damages resulting from such sources. Any references to third parties are provided as a convenience and do not constitute an endorsement.Learn more about CarsonAllaria Wealth Management  at https://carsonallaria.com/

Travel is one of the most popular activities that retirees like to tackle after their working years. Whether traveling domestically or internationally, retirement is a wonderful time to explore new places and to take your time while doing so. On this episode, Host Joe Allaria is joined by Travel Advisor and Founder of New View Travel, Janine Cartier to discuss how to plan your dream vacation in retirement. SPOILER: It all starts with a solid plan. About Our GuestJanine Cartier is a Travel Advisor and the Founder of New View Travel. New View Travel is a luxury, boutique travel agency based in St. Louis, MO working as an independent affiliate of Sixth Star Travel, a Virtuoso agency. From land to sea, from city to safari, they craft the perfect itinerary to match your unique style of travel. Their team handles all the details including research, accommodation, tours, transportation, and amenities so you can just focus on the magic of checking another experience off your bucket list!Resources Mentioned on the ShowSocial Security Loopholes article, www.carsonallaria.comNew View Travel Agency websiteListener QuestionMy wife was born 8/26/48 she has been drawing her social security since her full retirement age. I am much younger, born 3/19/1957 and will be full retirement age on 9/19/2023. My question is: at my full retirement age can I begin to draw a spousal benefit and delay my own benefit until age 70? Please help!Submit Your QuestionsTo submit a listener question, visit our website, https://www.retirementpowerhourpodcast.com , and enter the details of your question.Leave a ReviewVisit https://www.retirementpowerhourpodcast.com to leave a review on Apple Podcasts or Spotify.Disclaimer: All material discussed on this podcast is for educational purposes only and should not be construed as individual tax, legal, or investment advice. Investing involves risk of loss and investors should be prepared to bear potential losses. Past performance may not be indicative of future results. Joe Allaria is an Investment Adviser Representative of , a Registered Investment Advisory firm. Information discussed on this podcast may be derived from third parties that are believed to be reliable, but CarsonAllaria Wealth Management does not control or guarantee the accuracy or timeliness of such information and disclaims all liability for damages resulting from such sources. Any references to third parties are provided as a convenience and do not constitute an endorsement.

Do you have "good" investments? How do you know? What is a good rate of return? How much time do you need to evaluate if you own good investments? In this episode, Host Joe Allaria and Co-Host Jay Waters discuss the pitfalls the many investors fall into when they are evaluating their own investments, and how having the wrong perspective can lead you astray.  Listener QuestionWhat is a realistic rate of return expectation for a newly retired individual? Submit Your QuestionsTo submit a listener question, visit our website, https://www.retirementpowerhourpodcast.com , and enter the details of your question.Leave a ReviewVisit https://www.retirementpowerhourpodcast.com to leave a review on Apple Podcasts or Spotify.Disclaimer: All material discussed on this podcast is for educational purposes only and should not be construed as individual tax, legal, or investment advice. Investing involves risk of loss and investors should be prepared to bear potential losses. Past performance may not be indicative of future results. Joe Allaria is an Investment Adviser Representative of , a Registered Investment Advisory firm. Information discussed on this podcast may be derived from third parties that are believed to be reliable, but CarsonAllaria Wealth Management does not control or guarantee the accuracy or timeliness of such information and disclaims all liability for damages resulting from such sources. Any references to third parties are provided as a convenience and do not constitute an endorsement.

Annuities seem to have a negative connotation within the financial industry, but do they deserve it? Are annuities good or are they bad? Because there are so many different types of annuities, it's hard to generalize that they are either good or bad. Each annuity should be evaluated independently based on each individual’s situation.On episode 19 of The Retirement Power Hour, host Joe Allaria is joined by fellow Partner and Wealth Advisor of CarsonAllaria Wealth Management, Mark Allaria, CFP®, as the two discuss the pros and cons of annuities, as well as the different types out there. Listener QuestionWhat should I make of the U.S. debt ceiling issue? Should I be concerned?Submit Your QuestionsTo submit a listener question, visit our website, https://www.retirementpowerhourpodcast.com , and enter the details of your question.Leave a ReviewVisit https://www.retirementpowerhourpodcast.com to leave a review on Apple Podcasts or Spotify.Disclaimer: All material discussed on this podcast is for educational purposes only and should not be construed as individual tax, legal, or investment advice. Investing involves risk of loss and investors should be prepared to bear potential losses. Past performance may not be indicative of future results. Joe Allaria is an Investment Adviser Representative of , a Registered Investment Advisory firm. Information discussed on this podcast may be derived from third parties that are believed to be reliable, but CarsonAllaria Wealth Management does not control or guarantee the accuracy or timeliness of such information and disclaims all liability for damages resulting from such sources. Any references to third parties are provided as a convenience and do not constitute an endorsement.

Social Security filing strategies can get complex for couples, especially those with different ages. Can you start a spousal benefit, then switch to your own? Can you start your own benefit, then switch to a spousal benefit? What is a restricted application? Can I still file and suspend? So many questions and not enough answers. But, we're fixing that problem on this episode by answering several listener questions around this very topic. Click to listen as host Joe Allaria discusses Social Security Spousal Planning.Submit Your QuestionsTo submit a listener question, visit our website HERE and enter the details of your question.Leave a ReviewClick here to leave a review on Apple Podcasts or Spotify.Disclaimer: All material discussed on this podcast is for educational purposes only and should not be construed as individual tax, legal, or investment advice. Investing involves risk of loss and investors should be prepared to bear potential losses. Past performance may not be indicative of future results. Joe Allaria is an Investment Adviser Representative of CarsonAllaria Wealth Management, a Registered Investment Advisory firm. Information discussed on this podcast may be derived from third parties that are believed to be reliable, but CarsonAllaria Wealth Management does not control or guarantee the accuracy or timeliness of such information and disclaims all liability for damages resulting from such sources. Any references to third parties are provided as a convenience and do not constitute an endorsement.

It's that time of year again...when we see stock market predictions being released by financial institutions, fund managers, financial media personnel, and other financial “experts.” Most of these predictions end up being wildly inaccurate, yet they keep being made, and many keep listening.Click to listen as host Joe Allaria uncovers how these "experts" did on their 2022 predictions, and what they're saying about 2023.Listener QuestionWhat will the stock market do in 2023? We're talking about that for the whole show, so be sure to tune in! Submit Your QuestionsTo submit a listener question, visit our website HERE and enter the details of your question.Leave a ReviewClick here to leave a review on Apple Podcasts or Spotify.Disclaimer: All material discussed on this podcast is for educational purposes only and should not be construed as individual tax, legal, or investment advice. Investing involves risk of loss and investors should be prepared to bear potential losses. Past performance may not be indicative of future results. Joe Allaria is an Investment Adviser Representative of CarsonAllaria Wealth Management, a Registered Investment Advisory firm. Information discussed on this podcast may be derived from third parties that are believed to be reliable, but CarsonAllaria Wealth Management does not control or guarantee the accuracy or timeliness of such information and disclaims all liability for damages resulting from such sources. Any references to third parties are provided as a convenience and do not constitute an endorsement.

In this episode, Host and CERTIFIED FINANCIAL PLANNER™ professional Joe Allaria is joined by Wendy Green, the Founder and Host of the "Hey, Boomer" podcast, and the two discuss Creating Your Retirement Identity. Recent retirees can often find themselves in a retirement identity crisis after using their title as a defining adjective for who they are for so many years and then having that title anymore. Tune in to hear more about different ways to frame your identity both prior to and during retirement.Listener QuestionYou'll also hear an answer to Dale's question, which is regarding what health insurance alternatives exist for those that wish to retire before they are eligible for Medicare at age 65, but still need health insurance.  Resources Mentioned in the ShowHey, Boomer Coaching ProgramHey, Boomer Vitality AssessmentSubmit Your QuestionsTo submit a listener question, visit our website HERE and enter the details of your question.Disclaimer: All material discussed on this podcast is for educational purposes only and should not be construed as individual tax, legal, or investment advice. Investing involves risk of loss and investors should be prepared to bear potential losses. Past performance may not be indicative of future results. Joe Allaria is an Investment Adviser Representative of CarsonAllaria Wealth Management, a Registered Investment Advisory firm. Information discussed on this podcast may be derived from third parties that are believed to be reliable, but CarsonAllaria Wealth Management does not control or guarantee the accuracy or timeliness of such information and disclaims all liability for damages resulting from such sources. Any references to third parties are provided as a convenience and do not constitute an endorsement.

In this episode, Host and CERTIFIED FINANCIAL PLANNER™ professional Joe Allaria is joined by Co-Host Jay Waters, Wealth Advisor with CarsonAllaria Wealth Management, to discuss our Top 10 Retirement Myths that seem to be widely accepted amongst those in or near retirement. In Part 2 of this two-part series, we cover the final five myths, including:Final 5 of the Top 10 Retirement MythsLong-term care is covered by Medicare.You can count on historical returns to repeat during retirement.You will only live to age 80-85.You need an annuity if you’re retired.Retirement planning is all about money.Resources Mentioned in the ShowLiving Too Long is a Risk (CBSNews article on life expectancy)Submit Your QuestionsTo submit a listener question, visit our website HERE and enter the details of your question.Disclaimer: All material discussed on this podcast is for educational purposes only and should not be construed as individual tax, legal, or investment advice. Investing involves risk of loss and investors should be prepared to bear potential losses. Past performance may not be indicative of future results. Joe Allaria is an Investment Adviser Representative of CarsonAllaria Wealth Management, a Registered Investment Advisory firm. Information discussed on this podcast may be derived from third parties that are believed to be reliable, but CarsonAllaria Wealth Management does not control or guarantee the accuracy or timeliness of such information and disclaims all liability for damages resulting from such sources. Any references to third parties are provided as a convenience and do not constitute an endorsement.

In this episode, Host Joe Allaria is joined by Co-Host Jay Waters to discuss our Top 10 Retirement Myths that seem to be widely accepted amongst those in or near retirement. In Part 1 of this two-part series, we cover the first five myths, including:First 5 of the Top 10 Retirement MythsIf you reach a certain dollar amount (say $1M), you can safely retire. Your investments should be conservative in retirement.You have to avoid market downturns when you’re retired. You need to have your mortgage paid off in order to retire. You will have a low marginal tax rate in retirement.Listener QuestionYou'll also hear a listener question from Tony about the best accounts to gift money to grandchildren and what alternatives there are to 529 College Savings Plans. Resources Mentioned in the ShowCollege Planning: Is a 529 Plan Right for Your Child? (carsonallaria.com)Submit Your QuestionsTo submit a listener question, visit our website HERE and enter the details of your question.Disclaimer: All material discussed on this podcast is for educational purposes only and should not be construed as individual tax, legal, or investment advice. Investing involves risk of loss and investors should be prepared to bear potential losses. Past performance may not be indicative of future results. Joe Allaria is an Investment Adviser Representative of CarsonAllaria Wealth Management, a Registered Investment Advisory firm. Information discussed on this podcast may be derived from third parties that are believed to be reliable, but CarsonAllaria Wealth Management does not control or guarantee the accuracy or timeliness of such information and disclaims all liability for damages resulting from such sources. Any references to third parties are provided as a convenience and do not constitute an endorsement.

On Episode 13, host Joe Allaria covers "13 Year-End Financial Strategies" to consider before we enter into 2023. Here are the 13 strategies with links to resources mentioned1. Contribute to employer-sponsored retirement plans2. Contribute to a Health Savings Account (HSA)3. Spend the rest of Flex Spending Account (FSA)4. Make charitable contributions (with appreciated stock and/or donor advised funds)5. Bunch your medical expenses (if applicable)6. Tax-loss harvesting7. Gain harvesting8. Roth IRA conversions9. IRA contributions (deadline is April 18th, 2023)10. Consider a large business expense11. Do a withholding analysis (especially for retirees)12. Make sure you take your Required Minimum Distribution (RMD)13. Gift to child or family member for estate tax reduction purposesSubmit Your QuestionsTo submit a listener question, visit our website HERE and enter the details of your question.Disclaimer: All material discussed on this podcast is for educational purposes only and should not be construed as individual tax, legal, or investment advice. Investing involves risk of loss and investors should be prepared to bear potential losses. Past performance may not be indicative of future results. Joe Allaria is an Investment Adviser Representative of CarsonAllaria Wealth Management, a Registered Investment Advisory firm. Information discussed on this podcast may be derived from third parties that are believed to be reliable, but CarsonAllaria Wealth Management does not control or guarantee the accuracy or timeliness of such information and disclaims all liability for damages resulting from such sources. Any references to third parties are provided as a convenience and do not constitute an endorsement.

The Bipartisan Budget Act of 2015 made what some would consider significant changes to a few key Social Security filing strategies. Specifically, the legislation removed some well-known Social Security loopholes that were used by many to increase spousal benefits. But, one of those loopholes was phased out over time, which means it could still be used by some. Listen in to hear more about the restricted filing strategy, which could be used if one spouse was born in 1953 or earlier, and if the other spouse is already receiving Social Security. But, this loophole is closing quickly, so tune in to this mini episode to learn more!Resources mentioned in the show[Blog] A Social Security Loophole that still Exist[Blog] Social Security: 7 Crucial Mistakes & How to Avoid Them[Podcast] Retirement Power Hour, Episode 9, Six Social Security Mistakes you Need to AvoidSubmit Your QuestionsTo submit a listener question, visit our website HERE and enter the details of your question.Disclaimer: All material discussed on this podcast is for educational purposes only and should not be construed as individual tax, legal, or investment advice. Investing involves risk of loss and investors should be prepared to bear potential losses. Past performance may not be indicative of future results. Joe Allaria is an Investment Adviser Representative of CarsonAllaria Wealth Management, a Registered Investment Advisory firm. Information discussed on this podcast may be derived from third parties that are believed to be reliable, but CarsonAllaria Wealth Management does not control or guarantee the accuracy or timeliness of such information and disclaims all liability for damages resulting from such sources. Any references to third parties are provided as a convenience and do not constitute an endorsement.

A sound financial plan is only one part of living a better retirement. Another huge part is maintaining good health and it's extremely difficult to "retire better" if you don't feel better. On this episode, Kevin English, a health and wellness expert specializing in helping those over 50 years of age, joins Joe Allaria to share a few simple keys to improving your health even after age 50, including:How to eat better without going on an extreme fad dietHow to maintain muscle with a simple workout routineHow to maintain your overall health with good lifestyle decisionsBut first, we answered a very common question about enrolling in Medicare.  Laura asks "I’m 65 and wondering if I need to enroll in Medicare. I’m still working and have coverage through work. Some people are saying I need to enroll, but others say I don’t until I retire. Which is it? Thank you for your help." About Our GuestKevin English is the Founder and CEO of The Silver Edge, an online personal training and nutrition coaching company. He's also the creator and host of the Over 50 Health & Wellness podcast. Kevin's mission is to counter the narrative that it's "all downhill" after 50, and draws from his own personal experience with a health scare as motivation to help others live a healthier life, even after age 50. Resources mentioned in the showWhen can I sign up for Medicare QUIZ (via Medicare.gov)Access to Kevin's free guides on nutrition, working out, and overall healthAccess to your very own FREE retirement assessmentSubmit Your QuestionsTo submit a listener question, visit our website HERE and enter the details of your question.Disclaimer: All material discussed on this podcast is for educational purposes only and should not be construed as individual tax, legal, or investment advice. Investing involves risk of loss and investors should be prepared to bear potential losses. Past performance may not be indicative of future results. Joe Allaria is an Investment Adviser Representative of CarsonAllaria Wealth Management, a Registered Investment Advisory firm. Information discussed on this podcast may be derived from third parties that are believed to be reliable, but CarsonAllaria Wealth Management does not control or guarantee the accuracy or timeliness of such information and disclaims all liability for damages resulting from such sources. Any references to third parties are provided as a convenience and do not constitute an endorsement.

Retirement brings unique challenges that you may not experience during your working years. Advisors that work with retirees or those close to retirement should understand this and adjust their practices accordingly. In this episode, Joe Allaria is joined by 30-year industry veteran, Scott Carson, as the two discuss five things a retirement-focused advisor should do.We also cover a listener question from Julie on long-term care premium increases, and if it makes sense to keep these policies as the premiums go up.About Our GuestScott Carson, AIF®, CEPA is a Senior Wealth Advisor with CarsonAllaria Wealth Management and specializes in working with retirees and those close to retirement, and takes a keen interest in the holistic aspects of financial planning, including tax and estate planning issues. Many of Scott's clients are current or former small business owners and Scott has helped several build succession plans to transition those businesses. Scott began his financial planning career in with IDS (An American Express Company) in 1989 after working as a commercial banker for five years with MidAmerica Banks and Citigroup. He was a partner with the Pines Financial Group prior to founding Meridian Financial Group in 1999, where he continued to build his client base for over 15 years. He co-founded CarsonAllaria Wealth Management, an independent Registered Investment Adviser, in 2017.  Resources mentioned in the show- How to Get Your Free Retirement AssessmentSubmit Your QuestionsTo submit a listener question, visit our website HERE and enter the details of your question.Disclaimer: All material discussed on this podcast is for educational purposes only and should not be construed as individual tax, legal, or investment advice. Investing involves risk of loss and investors should be prepared to bear potential losses. Past performance may not be indicative of future results. Joe Allaria is an Investment Adviser Representative of CarsonAllaria Wealth Management, a Registered Investment Advisory firm. Information discussed on this podcast may be derived from third parties that are believed to be reliable, but CarsonAllaria Wealth Management does not control or guarantee the accuracy or timeliness of such information and disclaims all liability for damages resulting from such sources. Any references to third parties are provided as a convenience and do not constitute an endorsement.