Simply Financial - Exvadio Network

Chris Calandra and Bill Manegio, CFA, CIMA® from JP Morgan, discuss their thoughts on the 2022 Midterm Election and provide a brief update on the current market environment, geopolitical risks, & other related topics.

Is it beneficial to take social security benefits at age 62 or later? Everyone’s circumstances are different but in this episode of Simply Financial, Chris Calandra clears up some social security misconceptions that may make listeners want to adjust their strategies. 

Chris goes over the basics of social security benefits. He outlines the factors that calculate it, the requirements needed to receive benefits, and how to begin exploring social security all together. 

Chris goes over the basics of social security benefits. He outlines the factors that calculate it, the requirements needed to receive benefits, and how to begin exploring social security all together. 

Interviewing a financial advisor is more than just their background, method of compensation, or compliance record. There’s a softer edge of what your trying to figure out. Someone you can have a successful long-term relationship with is a great match.

“It’s an intimate relationship, if it’s done well, with a financial advisor”- Chris CalandraChris and Lindy reveal the first 5 factors you need to consider when interviewing a financial advisor.Interviewing a financial advisor is more than just their background, method of compensation, or compliance record. There’s a softer edge of what your trying to figure out. Someone you can have a successful long-term relationship with is a great match.

“The TRACED Act is intended to go after the bad actors”~Christopher CalandraChris breaks down the 2019 TRACED Act which is intended to protect consumers from unauthenticated numbers; In other words, to stop Robocalls. 6 major points of the act are outlined so you can understand them. Chris also gives you some helpful tips on protecting yourself from unwanted calls that are a pain in the @#$%&! 

“Goodbye Stretch IRA’s…Hello eligible designated beneficiaries” Chris’s quick Top 10 things to know about the 2019 SECURE Act.Chris breaks down the 2019 SECURE Act into the Top 10 things you NEED to know. Some of the topics he covers are: new age limit for Traditional IRA contributions, new RMD age, exclusions for early withdrawal penalties for IRA’s, Inherited IRA distribution rules, and amending your IRA trust. This is an important topic that affects just about everyone, so be sure to share this episode with your family and friends. 

Chris’s quick Top 10 things to know about the 2019 SECURE Act

“Goodbye Stretch IRA’s…Hello eligible designated beneficiaries” Chris’s quick Top 10 things to know about the 2019 SECURE Act.Chris breaks down the 2019 SECURE Act into the Top 10 things you NEED to know. Some of the topics he covers are: new age limit for Traditional IRA contributions, new RMD age, exclusions for early withdrawal penalties for IRA’s, Inherited IRA distribution rules, and amending your IRA trust. This is an important topic that affects just about everyone, so be sure to share this episode with your family and friends.

The market experienced a big sell-off on February 24 & 25, 2020. Should you be worried?Chris breaks down the recent market sell-off driven by the Coronavirus. He compares this sell-off to others we have experienced over time and offers some advice on how to handle the sell-off. If you have listened to the media coverage on the Coronavirus and are considering making an emotional investment decision, you need to listen to this episode.“Please avoid emotional decisions based on media magnification”~CHRISTOPHER CALANDRA; CERTIFIED FINANCIAL PLANNER ™ 

This is the second of a two-part Everyday American- Black History Month Series. Gil Cody is a retired Army veteran of 26 years and an Everyday American.What we discuss with Gil:Multigenerational money values.Setting up children to be financially successful.Marriage and Money GuidelinesHis career in the army.His views on paying for financial advice.

What we discuss with Debby:Growing up in a single-parent multigenerational household with 6 siblingsHer 22-year career in the ArmyHer views on African American financial literacyStarting early and paying yourself firstWorking together with your spouse to make and achieve goalsEarly retirement

We are a financial planning organization and we want to talk with you about...Lindy is an Associate Advisor and is responsible for coordinating the financial planning and customer service efforts of Elliott Wealth Management Services, LLC.  Lindy is a licensed professional and holds a Series 7 (General Securities) registration and Series 66 (Combined State Law) registration. She is process oriented, organized, detailed and she is committed to the goal of making every client a raving fan of Elliott Wealth. Towards that end, Lindy is committed to devoting as much time and effort as possible to explain financial concepts, strategies and investment alternatives in a way that is easily understood, allowing EWMS's diverse client-base to make informed financial decisions

We are a financial planning organization and we want to talk with you about...Lindy is an Associate Advisor and is responsible for coordinating the financial planning and customer service efforts of Elliott Wealth Management Services, LLC.  Lindy is a licensed professional and holds a Series 7 (General Securities) registration and Series 66 (Combined State Law) registration. She is process oriented, organized, detailed and she is committed to the goal of making every client a raving fan of Elliott Wealth. Towards that end, Lindy is committed to devoting as much time and effort as possible to explain financial concepts, strategies and investment alternatives in a way that is easily understood, allowing EWMS's diverse client-base to make informed financial decisions

We are a financial planning organization and we want to talk with you about...Lindy is an Associate Advisor and is responsible for coordinating the financial planning and customer service efforts of Elliott Wealth Management Services, LLC.  Lindy is a licensed professional and holds a Series 7 (General Securities) registration and Series 66 (Combined State Law) registration. She is process oriented, organized, detailed and she is committed to the goal of making every client a raving fan of Elliott Wealth. Towards that end, Lindy is committed to devoting as much time and effort as possible to explain financial concepts, strategies and investment alternatives in a way that is easily understood, allowing EWMS's diverse client-base to make informed financial decisions

We are a financial planning organization and we want to talk with you about... Lindy is an Associate Advisor and is responsible for coordinating the financial planning and customer service efforts of Elliott Wealth Management Services, LLC.  Lindy is a licensed professional and holds a Series 7 (General Securities) registration and Series 66 (Combined State Law) registration. She is process oriented, organized, detailed and she is committed to the goal of making every client a raving fan of Elliott Wealth. Towards that end, Lindy is committed to devoting as much time and effort as possible to explain financial concepts, strategies and investment alternatives in a way that is easily understood, allowing EWMS's diverse client-base to make informed financial decisions

Real Estate Investing For WomenMoneeka Sawyer has built a multi-million dollar business using real estate as her vehicle to build what she calls, Blissful Wealth, only working 5 hours per month. She loves empowering women to do the same. In this podcast you will not only learn great investing strategies, but also how to get the mindset and heartset so you can profit from real estate and enjoy the journey. But don't confuse her big smile and infectious laugh with naivete.  Her multi-million dollar real estate empire is just one example of her ability to strategize, organize, and implement big business plans. 

Looking back: After a year of fruitless economic worries, the expansion still has momentum.Tensions with China are finally easing, and the summer’s heated rhetoric had little impact on trade flows.The Treasury yield curve inverted steeply before flattening, leaving little discernible impact on the real economy.Headwinds slowed the manufacturing sector but barely affected the overall expansion.The new normal: The top of this business cycle has been confusing. Past expansions saw much faster growth, but the aging workforce has changed the rules of economic prosperity.The last recession masked America’s demographic transformation—for a full decade, slack in the labor market hid the impact of baby-boomer retirements.But now that the US is back to full employment, the aging workforce may only be able to sustain a 2 percent pace of GDP growth.Unemployment is at a record low and productivity at a record high.Slowing growth isn’t a sign of weakness: What matters more than GDP is how close the economy is to its full potential.

John Hyre, Tax Attorney, Accountant & Real Estate Investor.  For the last 17 years I have run both an accounting practice and tax law practice. I have worked extensively with small businesses, real estate investors of all sizes, note investors and self-directed retirement accounts. John is the the "straightest-shooter" I know. In the "real-world" of real estate investing and other entrepreneurial endeavors

Researchers in the field of "Behavioral Finance" study how personal emotions and other cognitive biases can influence decision making.  They have discovered that people don't always make wise choices about money and without thinking things through. We talk about how FEAR, and THRILL-SEEKING can influence emotions and ultimately impact decision making.

The comprehensive benefits of giving personally and financially• How to make a gift you’ve never imagined possible• Multigenerational wealth transfer• Integrating philanthropy into your life Arlene is the Amazon #1 Best Selling author of Give to Live:

Each deal generally demands a significant investment of your time. It can be a juggling act as one significant deal closes only to have another suffer premature death throes, sending you scrambling in two directions simultaneously. That said, a career in commercial real estate can be highly rewarding and profitable, and as you will find out in this podcast, awards opportunities to philanthropically give back.Alina Trigub is the founder of SAMO Financial. She loves helping people! Her passion is to spread the word about the benefits of passive investing in various forms of real estate and to empower people to build wealth for themselves and for their families.

Assessing your financial situation now and discussing potential year-end financial strategies with your advisor can potentially help reaffirm your overall financial plans. Review the coordination of your estate, retirement, investments and tax plans to see if your time horizons and risk tolerance are still aligned with your goals.

A 2017 Federal Reserve Report showed that 48% of Americans reported carrying a credit card balance.

Your credit score is the door to so much in your financial life.This three-digit number measures if you manage debt responsibly and is a key factor that determines whether you qualify for a loan and what interest rate you will pay.

This 2 person 2 part series and discussion where two experts discuss wealth building.

YOU BUILT IT.YOU EARNED IT.IT'S YOURS. 

Fiscal Policy leaves something to be desired...but bankruptcy NOT coming soon

Work Smarter Not Harder 

...not harder

Are you always thinking about highest and best use of your time and your resources

GREAT NEWS!

Who does them nd are they reliable? 

A lot of what you need to know at the midyear 2019

process of manifesting which helped her be able to retire at the age of 32

Strategies for what is on the horizon

Helpful information about the recent market volatility

 Earn MorePay Less

 Zero in on interest rates to find accounts that offer most return for your money

“Time in the market is more important than timing in the market”“79% of millionaires studied identified their company sponsored retirement plan as the KEY wealth building tool”join us at www.elliottwealth.com

Short term-Steps to Take, Locate documents and records, tracking and filing, settle estate and taxes, apply for benefits, update account names, re-evaluate short term expenses, AVOID HASTY DECISIONS.  Moving Ahead: The BIG picture.

Interest Rates (See Episode 2-21 "The Rise of Interest Rates"), Strong Job Market, Tax Reform (See Episode 2-11 "Planning for 2018 Including Tax Law Update"), Deregulation, Trade Policy 

Tell me about your phrase “Known, Liked, and Trusted”.OriginationImportance todayChallenges today given technologyPlease share techniques to become more known, more liked, and more trustedWhat is thought leadership and why is it important?What are the top 5 thought leadership best practices a day?

When reviewing the current environment for interest rates, almost all analysts are in agreement that they will continue to rise in the future.  Short term interest rates, which in recent years were at historically low levels, have already risen. The Federal Reserve has already increased rates once this year, and at the end of a 2-day policy meeting, on May 2, the Federal Reserve decided unanimously to hold interest rates steady at the target range of 1.5 to 1.75%.  Their notes said this decision was based on inflation recently moving close to the U.S. Central Bank’s target and that, “on a 12-month basis is expected to run near the Committee’s 2% objective over the medium term.”(Source: reuters.com 5/2/2018)

1-Don't lose ground to inflation, 2-Consider your time horizon, 3-Consider risk tolerance, 4-Integrate with other financial goals, 5-Don't put your all your eggs in one basket

1-Save like crazy, 2-Reduce/eliminate debt, 3-Consider where to live, 4-Create budget, 5-Create Income Plan, 6-Develop Investment PlanElliott Wealth's Simply Financial Podcast Library 

The power of dividing 72 by your anticipated rate of return

ETF's vs Mutual Funds, low cost, diversified, simple.1/3 of global managed assetsPlease consider indexing-Please consider ETF's

Chris and Lindy together again1-Women Live Longer2-Women make less3-Consequently, women have less social security