Simply Financial with Kevin Wray

The Financial Water Wheel

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.

Glass Half-Full Or Glass Half-Empty?

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.

Universal Retirement Truths

There are certain retirement planning principles that apply to everyone. Regardless of who you are, how much money you have, when you’re retiring, or where you live, there are some universal truths about finances that you must keep in mind if you want to have a successful retirement.

Common Complaints About Finances

We often hear people express similar complaints about their financial situation. Are most of these complaints legitimate, or are people focusing on the wrong things?

Financial Resolutions

It’s usually not hard to come up with ideas for New Year’s resolutions—things like exercising more, eating healthier, reading more books, or getting more sleep. The key is HOW you’re going to make those things happen. And it’s no different with financial resolutions. We'll tell you how to achieve some financial goals that you could set for yourself this year. In the process, we'll determine where your retirement stands.

How Far Out Are You From Retirement?

There are a lot of questions to answer as you plan for retirement, and typically these questions should be answered far before you stop working. Let's look at some key parts of your plan, and how far out from retirement you should be when you figure them out.. We'll also delve into what it means to be financially independent.

A Custom Fit For You

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.

More Common Money Mistakes

There are a lot of possible mistakes that you could make when planning for retirement. So many, in fact, that we couldn't fit them all into one episode. Let's detail some more common money mistakes that people make, so that you won't make them.

Common Money Mistakes

A retirement plan has a lot of moving pieces - it's easy to slip up and make a mistake somewhere if you are doing it all by yourself. Unfortunately, even the tiniest mistake in retirement planning can turn into a huge headache down the road. Kevin will go over some of the most common money mistakes and how to avoid them.

Opportunity Riding A Dangerous Wind

Explore ancient Chinese wisdom, and discover whether times of financial crisis might actually be an opportunity. Learn the dirty little secrets of the financial industry. Finally, make sure you never make certain assumptions about retirement.