Advised | with Rick Luchini

Build wealth without hating your life. In this guest appearance, Rick explains why the fastest path to real wealth for Gen Z and Millennials is starting something—a side business from 5 to 9—and using money to buy time and options, not just toys. We cover living within your means without living miserably, beating lifestyle creep, investing in human capital, and using a simple cash-flow system to enjoy life now without wrecking your future. What you’ll learn Why “start something” beats waiting for the perfect idea The 5-to-9 strategy: keep your job, build your business after hours Freedom vs fortune: use money to buy options and time The simple budget that actually works: pay yourself first, spend the rest Lifestyle creep: how it sneaks up and how to stop it Human capital > index funds in your 20s and 30s Experiences over optics: return on life, not just return on investment Credit: This conversation originally aired on Growing Money with Sean Trace. Big thanks to Sean for the invite.

THIS ONE IS A MUST LISTEN FOR ALL AGES!! Healthy retirement is not just money and calendars. It is connection. In this conversation, Rick talks with Dr. Tina Schermer Sellers about sex, marriage, and why emotional and physical intimacy deserve attention long before you retire. They cover how couples lose connection over the years, practical ways to rebuild it, the health benefits of safe and loving touch, and how to communicate without turning every talk into a logistics meeting. There is also a simple framework you can use this week to start moving from roommates back to partners. What you will learn Why sex and intimacy belong in your health and retirement plan How busy seasons turn marriages into logistics and how to reverse it A simple monthly rhythm to protect your relationship Health benefits of safe, loving touch and strong relationships A practical communication model you can use today

What happens when you finally sell the business you’ve built your whole life around? In this episode, Rick sits down with Kyle Gabhart, author of Legends Don’t Retire and Neither Should You, to talk about life after the business,  identity, purpose, succession planning, and how to build a company that thrives without you. Whether you’re a small-business owner, entrepreneur, or advisor, this episode will help you think beyond the exit. You’ll learn how to separate your identity from your work, create systems that make your business more valuable, and find a second act that still fuels your drive,  without burning you out.      Topics Covered: How to prepare emotionally and financially for life after business ownership Turning your company into a true asset,  not just a job Designing a phased succession or “partial exit” strategy Creating liquidity before you sell Finding new purpose once you step back

What if retirement isn’t the goal, but the beginning? In this episode of The Advised Podcast, Rick sits down with Scott Jagodzinski, author of Harder to Kill and founder of Argent Alpha, to talk about why traditional retirement is broken and how men over 50 can design a more meaningful second act. Scott explains why the old model ofwork hard, save money, then stop working, leads to decline and disconnection, not fulfillment. He shares how reinvention can become the new standard by focusing on curiosity, growth, and purpose instead of withdrawal and comfort. Together, Rick and Scott explore what it means to build a life that stays relevant and rewarding after the paycheck ends. They talk about health, mindset, and how to start small with new challenges that keep you learning and engaged. If you are approaching retirement or already there, this conversation will help you rethink what comes next and how to live with strength, meaning, and forward momentum. 🎧 Listen now and start your reinvention journey.

What does it really mean to be Harder to Kill? In this episode, Rick sits down with Scott Jagodzinski,  author of Harder to Kill and founder of Argent Alpha , to talk about why men over 50 can’t afford to coast on autopilot when it comes to their health. Scott led companies through nine-figure exits and corporate turnarounds before redirecting that same intensity toward optimizing life after 50. Together, he and Rick unpack the mindset, structure, and daily disciplines that build strength, resilience, and purpose, not decline. They dig into Scott’s “Alpha Triad” framework: Future Self — defining who you want to become Alpha 5 — daily standards for mindset, sleep, nutrition, fitness, and hydration R.A.D. — recurring accountability that outlasts willpower Whether you’re approaching retirement or just ready to reclaim energy and confidence, this conversation shows you how to build the foundation for a longer, better life, not just more years on the clock. 📘 Learn more at hardertokillbook.com 🎧 Listen to Advised  wherever you get your podcasts.

Retirement isn’t just about leaving your job behind,  it’s about discovering what you’re retiring to. Too many people treat retirement like a permanent vacation, but without purpose, structure, and identity, those years can quickly turn into burnout, anxiety, or boredom. In this episode, we dive into how to prepare for life after the paycheck, why finding meaning matters more than money, and practical ways retirees can build a purposeful lifestyle.      What you’ll learn in this episode: Why identity and career are so intertwined, and how to separate them The danger of treating retirement like an endless vacation How to uncover your “bucket list” and build around it Ways to retire to something, not just from work How to find purpose in volunteering, family, health, and community  

Discover how your home environment influences your health, mindset, and even your retirement transition. Download the Free Guide to Your Personal Energy: https://courses.elementalclarity.com/feng-shui In this episode of The Advised Podcast, I step outside the financial world to talk with Jeannette Ciezykowski, a personal life specialist and feng shui expert. We explore how your surroundings influence success, health, and fulfillment, especially when you’re stepping into retirement. You’ll learn: Why your space matters more than you think,at work, at home, and outdoors The surprising connection between clutter, energy, and stress Simple, practical feng shui changes you can make today  How couples with different personalities can find balance in their shared space Ways to transition your home from a “time capsule” of the past to a supportive environment for new retirement memories 👉 Connect with Jeannette: Instagram & YouTube @ElementalClarity 👉 More retirement planning resources: @RickLuchini 

Are you afraid to spend money in retirement — even though you’ve saved diligently for decades? You’re not alone. Many retirees face a surprising challenge: shifting from saver to spender. In this episode of The Advised Podcast, Rick Luchini unpacks the psychology behind why it feels so hard to enjoy your money after years of disciplined saving. We talk about: Why the “middle-class millionaire” often struggles the most with spending The mindset shift needed to confidently move from accumulation to distribution How to balance enjoying bucket-list experiences with the fear of running out If you’ve ever worried about spending “too much” in retirement, this conversation will help you reframe your thinking and find the confidence to use your money with purpose.

When it comes to saving for your kids’ future, the options can feel overwhelming—529 plans, UTMA accounts, taxable brokerage accounts, or just keeping the money in your own name. Which is best? And how do new tax law changes (like the SECURE Act 2.0 and the “Big Beautiful Bill”) change the conversation? In this episode, we break down: The pros and cons of 529 college savings plans (and how new rules make them more flexible than ever) Why UTMA/UGMA custodial accounts can be powerful—but also risky once kids gain control at 18 or 21 The case for simply saving in your own brokerage account and gifting later How grandparents, aunts, and uncles should think about gifting strategies for education The tax angles that make each option more or less attractive Whether you’re a new parent, soon-to-be grandparent, or just trying to figure out the smartest way to support your kids’ future, this conversation cuts through the confusion. 👉 Don’t just default to a 529 plan because Google says so. Understand the trade-offs, the flexibility, and the long-term tax impact.

When it comes to taxes in retirement, most people only think about last year’s return. But focusing only on history can cost you tens of thousands of dollars over your lifetime. In this episode, we break down the critical difference between a tax accountant (historian) and a tax planner, and why you may need both. You’ll learn why accountants often focus on minimizing taxes this year, while planners look decades ahead, helping you avoid April surprises, create flexibility, and reduce your lifetime tax bill. We’ll share real examples of clients who avoided five-figure tax shocks by planning just one to two years ahead—and why “no surprises” is one of the most valuable gifts in retirement planning. If you want to understand how proactive planning can save you stress, money, and headaches, this episode is for you.

I sat down with somatic health coach Mitch Webb to unpack one of the most overlooked pillars of retirement: your health. We often spend decades building careers, growing wealth, and planning tax strategies — but if our bodies break down, what’s the point? Mitch explains how a dysregulated nervous system, poor nutrition, and chronic stress can quietly rob us of the very freedom we’re working toward. We cover: How high-achievers can transition from a go-go lifestyle into a healthy retirement. Why “wealth means nothing without health.” Practical, low-barrier steps you can start today: nutrition shifts, nervous system regulation, daily movement, and habit stacking. How to avoid the “duck syndrome” of calm on the surface, but stressed and anxious underneath. If you want to enjoy your retirement years with energy, clarity, and longevity, this conversation is a must-listen.  

Are your taxes really going to be lower in retirement? Many financial advisors and rules of thumb assume so, but for high-earning savers and retirees with large IRAs or 401(k)s, the reality is often very different. In this episode, Rick Luchini breaks down the myth of lower retirement taxes and explores why many retirees actually face similar or even higher tax bills in retirement. We’ll cover the impact of Roth IRAs vs. traditional IRAs, how Roth conversions can create flexibility, and why taxable brokerage accounts are often underrated in retirement planning. You’ll learn about required minimum distributions (RMDs), the so-called “retirement tax bomb,” and how taxes can unexpectedly explode when a surviving spouse inherits retirement accounts and is forced into higher tax brackets. If you’re planning for retirement—or already retired—this discussion will give you actionable insights on tax-efficient withdrawal strategies, avoiding sticker shock, and why flexibility matters more than outdated rules of thumb. ✅ Learn how to protect yourself from unexpected retirement taxes ✅ Understand when Roth accounts make sense ✅ Avoid common tax planning mistakes that could cost you thousands

Are you approaching retirement and worried about taxes? In this episode of Advised, we dive into the reality of Roth conversions, IRAs, RMDs, and retirement tax planning—and why so many people experience sticker shock when they first see the tax bill. Too often, retirees hesitate on powerful strategies like Roth IRA conversions because they’re focused only on the short-term cost instead of the long-term lifetime tax savings. Rick breaks down how to make these decisions without fear, including: Why writing a big check to the IRS today could save you hundreds of thousands in the future How Required Minimum Distributions (RMDs) force taxable withdrawals and how to plan around them Balancing Roth conversions with healthcare premiums, Medicare surcharges, and inheritance planning Why fees and financial advisor costs aren’t just expenses—they’re investments in value and strategy Whether you have a seven-figure IRA or a more modest retirement account, this episode will help you see the bigger picture and align your money decisions with your goals, values, and legacy.

In this episode, we break down the “Big Beautiful Bill” — a major piece of tax legislation that could significantly impact your retirement planning, paycheck, and overall financial strategy. Whether you're retired, working overtime, collecting Social Security, or just trying to make smart tax moves, this bill matters.  No change to tax brackets? That’s actually a win.  New senior deduction? More wiggle room for Roth conversions. Tips and overtime deductions? Big deal for working families. Capital gains and qualified dividends? Still tax-friendly. No, your Social Security isn’t magically tax-free. What this all really means for your financial plan — and how to act on it. Perfect for pre-retirees, retirees, and high-income earners who want to keep more of their money and avoid costly tax mistakes. Don’t miss this clear, no-BS walkthrough of what changed, what didn’t, and how to plan accordingly. Subscribe for more personal finance and retirement planning content!

In this episode, we dive deep into Roth IRAs, Roth conversions, and the most common mistakes people make when trying to take advantage of these powerful retirement planning tools. Whether you're thinking about a backdoor Roth IRA, navigating the pro-rata rule, or wondering when it’s smart to convert your traditional IRA to a Roth, this episode is packed with practical, strategic advice. We break down when Roth conversions make sense (and when they don’t), how to avoid costly tax surprises, and why understanding your current and future tax brackets is crucial. We also explore Medicare IRMAA surcharges, Social Security tax traps, and the flexibility Roth accounts offer in retirement. If you’re a high-income earner, in your 40s or 50s, or nearing retirement and want to optimize your tax strategy, this episode is a must-listen. Learn how to build tax-free income, reduce future RMDs, and make smarter financial decisions. 🔔 Subscribe for expert tips on personal finance, tax planning, and retirement strategies.

Most retirees never plan for the financial impact of losing a spouse — here's what you need to know before it happens. In this episode, we discuss a crucial but often overlooked part of retirement planning: preparing for the loss of a spouse. If you're planning for retirement, understanding what happens financially when a spouse passes away is essential. We cover the impact on Social Security benefits, pension decisions, retirement income changes, tax implications, and the importance of estate planning. Whether you're nearing retirement or already retired, these personal finance strategies can help you protect your future and minimize financial stress during difficult times. Learn how to adjust your financial plan, update beneficiaries, avoid probate, and build a support system to navigate the emotional and financial aftermath of losing a spouse. Don't leave these important conversations for later — proactive planning is key to a secure retirement! 👉 Subscribe for more expert advice on personal finance, retirement income strategies, and wealth management. #PersonalFinance #RetirementPlanning #SocialSecurity #EstatePlanning #WidowPlanning #FinancialAdvisor #RetirementIncome ⏱ CHAPTERS 00:00 – Intro: Why this topic matters 00:23 – Planning for the unexpected death of a spouse 01:08 – How retirement income changes 02:26 – Understanding Social Security survivor benefits 04:35 – Pension decisions and survivor options 05:00 – How taxes change for surviving spouses 06:36 – Updating your retirement tax plan 07:25 – Planning for potential spending increases 09:05 – Probate, estate planning, and account registrations 12:43 – Simplifying finances for the surviving spouse 13:45 – Emotional considerations and building a support system 14:25 – Final thoughts

In this eye-opening episode, we dive into one of the biggest misconceptions in personal finance and retirement planning: retirement spending isn't flat. Learn how the "Retirement Smile"—also known as the Go-Go, Slow-Go, and No-Go Years—affects how much you should spend and when. Discover how dynamic retirement income planning helps you avoid underspending during your healthiest years, and why maximizing experiences can be more valuable than maximizing your Social Security benefits. We'll show you how traditional tactics like the 4% rule and flat annuity income can lead to regret—and what to do instead. Whether you're in your 50s, 60s, or already retired, this is a must-listen for optimizing your retirement lifestyle and avoiding financial regret. 🔔 Subscribe for more personal finance, retirement planning strategies, and smart investing tips!

Retirement isn’t just about your savings and investments—it’s about designing a fulfilling lifestyle! In this episode, we’re diving into five crucial non-financial things you need to plan for before you retire. If you're in your 50s or 60s and thinking about retirement, this is a must-Listen. 🔹 What You’ll Learn in This Episode: ✅ The importance of finding purpose beyond your career ✅ Why having a daily routine matters more than you think ✅ How to maintain strong social connections in retirement ✅ The role of health and wellness in long-term happiness ✅ Deciding where to live in retirement—downsizing, relocating, or aging in place   #advisedpodcast

Are you panicking over recent market downturns?  In this episode, I dive into a critical client meeting that revealed two major lessons: perspective and empathy. Whether you're navigating personal finance, investing for retirement, or simply trying to understand the market's ups and downs, this episode will provide actionable insights to help you stay calm, focused, and financially secure. 🔹 Topics Covered: ✅ How emotions impact investment decisions ✅ Why market downturns aren’t the end of the world ✅ The right way to build a resilient financial plan ✅ Roth conversions & tax strategies for downturns ✅ The power of long-term investing over market timing ⏰ CHAPTERS 00:00 - Introduction & Client Story 01:55 - The Market Fear Cycle: Why Investors Panic 04:14 - The Real Concern: Running Out of Money? 06:54 - The Cost of Market Timing vs. Long-Term Growth 10:36 - Strategies to Navigate Market Volatility 12:45 - Roth Conversions: A Hidden Opportunity 14:33 - Tax Loss Harvesting & Smart Financial Moves 16:59 - The Power of Perspective: Zooming Out

In this episode, we uncover one of the best-kept secrets in retirement planning—the taxable brokerage account. While many focus on 401(k)s, Roth IRAs, and traditional IRAs, a taxable brokerage account provides unmatched flexibility, no contribution limits, and unique tax advantages. 💰 Key Topics Covered: ✔️ What is a taxable brokerage account and who can open one? ✔️ Why high earners & business owners should consider investing beyond retirement accounts ✔️ How to leverage long-term capital gains for lower tax rates ✔️ The power of tax-loss harvesting & tax-gain harvesting for smarter investing ✔️ Using brokerage accounts for early retirement, college savings, and generational wealth ✔️ How to avoid common tax mistakes and maximize returns If you're serious about personal finance, investing, and retirement planning, this episode is a must-watch! Don't forget to LIKE, SUBSCRIBE, and hit the NOTIFICATION BELL for more expert insights. 🔔 Follow for more personal finance & retirement tips! #RetirementPlanning #PersonalFinance #Investing #TaxPlanning #FinancialFreedom #WealthBuilding #BrokerageAccounts #401k #RothIRA

In this episode, we welcome legendary retirement researcher Bill Bengen, the creator of the original 4% rule, to discuss his latest findings and how retirement withdrawal strategies have evolved. If you’re planning for financial independence, early retirement, or traditional retirement, this episode is essential! 🔹 What is the new 4% rule, and how has it changed? 🔹 How to determine a safe withdrawal rate in today’s market 🔹 The impact of inflation on retirement portfolios 🔹 Stock market valuation and its role in retirement planning 🔹 How to avoid running out of money in retirement 🔹 Investment strategies to maximize long-term wealth Bill also shares insights from his new book, "A Richer Retirement: Supercharging the 4% Rule," where he reveals his latest research, updated safe withdrawal rates, and ways to optimize your retirement income strategy.  

Are you unknowingly setting yourself up for massive tax bills in retirement? In this episode of #advisedpodcast, we break down essential retirement tax planning strategies to help you minimize taxes, maximize savings, and protect your wealth. ✅ When should you start planning for retirement taxes? ✅ How much tax do you really want to defer? ✅ Are you prepared for multi-generational tax exposure? ✅ What are the best strategies for tax efficiency in retirement?   We explore key considerations for creating a tax-smart retirement strategy, including ways to manage taxable income, reduce future liabilities, and structure your assets more efficiently. By making informed decisions now, you can potentially save hundreds of thousands in unnecessary taxes and gain greater financial flexibility in retirement.  

In this episode, we dive deep into everything you need to know about RMDs, tax planning, and strategies to protect your retirement savings. Discover how RMDs are calculated, why they can lead to a “tax bomb,” and how they affect Social Security, Medicare premiums, and overall retirement income. We cover actionable strategies like Roth IRA conversions, proactive tax planning, and Qualified Charitable Distributions (QCDs) to minimize your tax burden and maximize your wealth. This podcast is packed with expert insights and practical tips to help you plan for RMDs, avoid costly penalties, and preserve your retirement lifestyle. Whether you're just starting retirement planning or looking to refine your strategy, this video is your ultimate guide to personal finance and retirement planning success. Tags: retirement planning, personal finance, RMDs, required minimum distributions, tax planning, Roth IRA conversions, Qualified Charitable Distributions, IRA, 401(k), retirement savings, tax strategies, Medicare premiums, Social Security, retirement income, financial planning, retire rich, wealth management, financial independence, tax-efficient investing. Subscribe now for more expert advice on securing your financial future!

Thinking about investing in real estate but unsure how to determine if a property is a good deal? In this episode, we break down how to evaluate rental properties, calculate cash flow and ROI, and compare real estate to other investments like stocks and bonds. Whether you're a new investor or a seasoned landlord, understanding real estate valuation is crucial for maximizing profits and building long-term wealth. Join Rick Luchini and Austin Preece, a financial planner specializing in real estate investing and retirement planning, as they discuss: ✅ How to calculate cash flow and why it’s key to real estate investing success ✅ The four ways real estate generates returns (cash flow, appreciation, loan paydown, and tax benefits) ✅ How to analyze rental properties before you buy ✅ Real estate vs. stock market investing – which is better for retirement? ✅ Should you sell, hold, or refinance your properties? If you're planning for financial freedom, looking to grow passive income, or need a strategy for real estate investing in retirement, this video is for you! 🔔 Subscribe for more personal finance, real estate, and retirement investing tips! 💬 Comment below: What’s your biggest question about real estate investing?

Thinking about investing in real estate for retirement but unsure if it’s the right move? In this episode, we dive into the pros and cons of real estate investing, how it compares to stocks, and how your investment strategy should change before and after retirement. Join Rick Luciani and Austin Preece, a financial planner specializing in real estate investors and business owners, as they break down: ✅ How to build wealth with real estate through appreciation and cash flow ✅ The biggest tax benefits of owning rental properties (depreciation, 1031 exchanges, deductions) ✅ Why real estate is NOT passive income and how to manage properties effectively ✅ Real estate vs. stock market investing – which is better for long-term financial security? ✅ How to analyze real estate deals and avoid bad investments ✅ The best investment strategies for retirees looking for stable income If you're planning for financial freedom, want to diversify your portfolio, or need a retirement investing strategy, this video is for you! 🔔 Subscribe for more personal finance, retirement planning, and investing tips! 💬 Drop a comment below: Do you invest in real estate or stocks? #RealEstateInvesting #RetirementPlanning #PassiveIncome #FinancialFreedom #RealEstateVsStocks #PersonalFinance #WealthBuilding #InvestingForBeginners #CashFlow #1031Exchange

In this episode we dive into the top questions and concerns pre-retirees have before taking the big leap into retirement. Whether you're approaching retirement or helping a loved one plan, this discussion is packed with actionable insights and strategies. ✅ Topics Covered: The #1 pre-retirement worry: Health insurance options before Medicare and how to lower premiums using tax subsidies. How to turn your 401(k) and savings into sustainable retirement income. Strategic planning to optimize Social Security—when to take it and how to maximize its value for your lifestyle. Tax planning in retirement—avoiding surprises and leveraging techniques like Roth conversions and tax gain harvesting. Why cash flow planning is essential and how it boosts confidence in your retirement decision. Our candid conversation includes tips for making the most of your early "go-go" retirement years and balancing spending with long-term financial security. Whether you're worried about taxes, income, or health care, we’ve got you covered. 🎧 Don’t miss this episode! Like, comment, and subscribe for more content about personal finance, retirement strategies, and financial independence. #RetirementPlanning #PersonalFinance #HealthInsurance #SocialSecurity #FinancialFreedom #RetirementIncome #TaxPlanning #advisedpodcast 

In this episode of #advisedpodcast we dive deep into essential retirement planning tips to help pre-retirees avoid costly mistakes. Learn about the importance of **estate planning**, why every family needs a **will** or a **trust**, and how to fix common gaps like outdated documents and incorrect beneficiaries.   Key Take Aways:   ✔️ Why 60-70% of families don't have an estate plan—and why YOU should.   ✔️ The difference between a **will** and a **trust**, and how a trust can help you skip probate.   ✔️ Easy fixes for mismatched or missing **beneficiaries** on 401(k)s, life insurance policies, and savings accounts.   ✔️ How to keep your estate plan updated as life changes.   This guide is packed with actionable advice to secure your family's future, reduce stress, and ensure your wishes are honored. Whether you're preparing for retirement or already retired, these tips are crucial!  

Today Hamilton and I discuss the ways investing during your retirement should be different, and the many ways it may be similar to how your invested now.  We go over the big mistakes we see people make in this area, and bust some of the old schools of thought around this topic that you might still be subscribing to. 

Listen as Hamilton and I discuss real client scenarios that result in changes to their plans and how we handled them.  Life WILL throw you curve balls.  The only question is, do you know how to hit them. 

The challenges of owning individual stocks, and how we invest for our clients. Whether you're a DIY investor, or a client of a traditional firm, this episode is a MUST listen.  

Today's discussion covers the factors to consider before taking your social security.  Listen to how we help clients choose the right age to claim social security benefits.    Subscribe on YouTube: https://www.youtube.com/channel/UCbXaSLydoMX7P_kDc5tYmyQ Check out more from Hamilton: https://brandenburgfs.com/    

Thinking of retiring before 65? Don't Miss This One! Today I shed light on Health Insurance in retirement with the help of insurance expert Jocelyn Wolf.  We cover how to get affordable coverage before 65, and some pitfalls to avoid now, and after switching to Medicare.   Although we mention our local state's exchange, most of these same techniques and concepts will apply to you anywhere in the US.  TIME STAMPS:  00:00 Intro 03:20 Health Insurance Before 65 05:13 Premiums based on income 10:31 Health Insurance through Pennie 13:45 Managing Income and Taxes for Health Insurance 21:22 IRMAA and  Medicare Premiums 26:34 Medicare Advantage vs Supplement 29:19 Utilizing Affordable Health Insurance Options Meet Jocelyn:   https://www.evolveinsurancegrp.com/ Born and raised in central Pennsylvania, Jocelyn attended Bishop Guilfoyle High School in Altoona, PA.  Jocelyn is a 2013 graduate from Duquesne University in Pittsburgh, PA with a Bachelor’s Degree in Business Administration focused on marketing and sales.  Jocelyn believes that trust is the foundation for a successful client relationship and is committed to acting as an advocate for individuals when navigating their various healthcare choices.  Jocelyn is a licensed health and life insurance agent in Pennsylvania & Maryland specializing in Medicare.  Jocelyn is also AHIP (America’s Health Insurance Plans) certified.  Jocelyn is committed to serving the communities where she resides by volunteering with organizations such as serving on the board for the Arc of Blair County and Gloria Gates Memorial Foundation.  Jocelyn is a 2020 graduate of the Leadership Blair County Program. PA Life & Health Producer #893265 Who We Are: The Advised Podcast is tailor-made for working professionals who are determined to make astute financial choices before they approach retirement age. We believe that everyone deserves the chance to optimize their financial decisions, regardless of their career or background. Our aim is to empower you with actionable advice that bridges the gap between your aspirations and your fiscal reality. Unlocking Financial Insights: Join us as we sit down with industry experts who shed light on the intricacies of finance and unveil common misconceptions. Our engaging interviews provide you with practical takeaways that can transform your financial outlook. We're here to guide you through the labyrinth of financial choices, so you can confidently make decisions that resonate with your goals. Why We Stand Out: At The Advised Podcast, we're redefining the norms of financial guidance. Host Rick Luchini, a seasoned financial advisor, challenges the status quo by offering expert insights without the hefty price tag. We understand that the financial advisory landscape often overlooks the needs of the working class. Our mission is to bridge that gap by providing you with the knowledge and tools you need to make informed financial decisions. Educational, Energetic, and Empowering: Expect an engaging blend of education and energy in every episode. Our conversational approach makes complex financial concepts accessible, while our positive and direct style ensures you walk away with clarity and purpose. Tune in during your daily commute – our episodes are designed to fit seamlessly into your busy schedule. Your Guide to Financial Confidence: Host Rick Luchini is your companion on this journey to financial empowerment. Alongside industry experts, he's here to empower you with the knowledge and resources you need to navigate your financial journey successfully. With a new episode dropping every week, you'll have a consistent stream of insights to guide your financial decisions. The Message: At The Advised Podcast, we firmly believe that sound financial advice isn't a luxury reserved for those with massive investment portfolios. It's a universal right that impacts your family's well-being, your aspirations, and your peace of mind. Join us in unlocking the secrets of finance and take charge of your financial future – one episode at a time. Get ready to transform your financial perspective. Subscribe to The Advised Podcast and embark on your journey to financial empowerment today. Your prosperous future starts here. (Episodes release weekly, are under an hour long, and are perfect for your daily commute.)

Today is an important discussion around mindset for any stage of your financial journey. Listen as we discuss finding balance between saving and living, and defining success on your own terms.  Enjoy! My guest, Brandon Lovingier, ChFC®, MQFP® aka The Enlisted Money Guy™, has served over 18 years in the Army – including deployments to Iraq and Afghanistan. He established Enlisted Money to help enlisted service members avoid the same mistakes he made and achieve financial freedom. He’s spoken at MilMoneyCon and loves mentoring other service members. www.enlistedmoney.com

Ohan "The Money Doctor" is a certified financial planner who helps beginner investors navigate their financial challenges. In this episode, he passionately dispels financial myths and underscores the importance of accessible financial education. Listen in as he offers practical tips to those earning six-figure salaries but living paycheck to paycheck, encouraging them to transform their mindset and break free from financial stagnation. We also shines a light on how to maximize your dollar, tips on card payment methods, the power of changing perceptions about needs and wants, and the critical role of setting clear financial goals. Be inspired to embark on your journey to financial independence by investing in yourself, leveraging opportunities, thinking creatively, and proactively seeking answers to your financial questions. Learn more about Ohan at ohanthemoneydoctor.com  

Today's episode is all about retirement income planning.  I chop it up with Hamilton Brandenburg, a virtual financial planner focusing on helping retirees spend money and save on taxes.  If you're doing your own napkin math and considering retirement, this episode will give you a lot to start thinking about.     Check out more from Hamilton: https://brandenburgfs.com/   Key Takeaways: Retirement income planning requires a flexible approach to spending, taking into account the specific needs and desires of each individual. The 4% rule is often misunderstood and may not be suitable for all retirees.  Cash flow planning is essential to determine the affordability of retirement. Financial advisors play a crucial role in empowering clients to overcome money mindset and fear of spending. Preparing for market volatility and crisis situations is essential for retirees Retirement planning requires flexibility and ongoing updates to adapt to changing circumstances. Tax planning is crucial in retirement to reduce lifetime tax bills and optimize financial outcomes.   Chapters: 00:00 Intro 01:24 Working Virtually  06:37 Approach Income Planning 09:24 4% Rule vs Flexible Spending 13:13 Cash Flow  20:19 Empowering Clients 27:56 Flexibility in Retirement 28:49 Importance of Ongoing Plan Updates 33:08 Impact of Taxes on Retirement 36:32 Roth Conversions 48:15 Retirement Expectations   

Exploring an unconventional approach to financial advice with Aaron Buchner, Financial Planner and owner of Cactus . Aaron discusses balancing living in the moment with future planning. We challenge the traditional emphasis on retirement and building wealth, suggesting that you should prioritize happiness and fulfillment in your work and personal lives. We highlight the importance of finding a balance between delayed gratification and enjoying life today, as well as the need for financial advisors to support individual goals rather than prescribing a one-size-fits-all approach. Key Takeaways: Plan for happiness and fulfillment today, rather than only focusing on retirement and building wealth. Find a balance between delayed gratification and enjoying life now. There are multiple paths to financial success, choose the one that aligns with your unique circumstances and aspirations. Financial advice should support your goals and provide guidance toward happiness and financial security.  

From walking-on at Penn State to being drafted by the St. Louis Rams and now turned CEO, Central Pa's Josh Hull refuses to take no for an answer. Get inspired by this humble, small town guy who continues to overcome adversity by leaning on Family, Mindset and Faith. Listen as we discuss the dangers of attaching your identity to sports and your career. The mindset Josh used to succeed in football, that he carried into the business world, and why business owners should be looking to hire former college athletes. I get Josh's take on the latest NCAA NIL rules and discuss his thoughts on the the NCAA's newest proposal to pay student athletes directly. Finally we discuss Josh's current role as CEO and how his company is helping the US become more energy independent, as well as the unique investment opportunities and tax benefits that come along with US energy production.

Your #401k does not manage itself. Sure, there are some automation buttons you can choose from, and it's easy to let 2, 3 maybe even 10 years slip by without giving it another thought. Your 401k will likely become (if not already) your biggest asset. It's what you will rely on to fund the majority of your retirement years. With something that important, WHY aren't we taking it more serious? Most folks strategy is to ignore it until the time they want to retire, and then find out whether or not they can afford to OR adjust their lifestyle down to make due. It is reactionary, and I'm am pleading with you to be PROACTIVE, and take control now. You might have to spend some time (or money) on optimizing the account, but we regularly do a lot more, for a lot less in our every day lives. 401k's are not overly complicated. In fact, their limiting features make them easy to manage with little effort. The key is to build out the proper allocation, rebalance it at proper drift triggers, not date intervals, and keep the fee drag to a minimum. After that it's routine maintenance and a deeper dive into the "how much" and "what type" you are contributing. All of that should be reviewed on an annual basis, because your life, tax status, goals, time horizon etc change pretty much that often. Today's episode should give you some things to consider and hopefully realize you have more control, than you think.

The world has changed, yet the traditional cold turkey retirement is still mainstream...WHY? What if you could get to the good stuff sooner? How much energy would you have? Would your health improve? Would your relationship with your spouse and children get stronger? Would you, just simply be happier? For many the answer to all those questions and more is a resounding YES, and unfortunately they don't see a clear path to get there. Now this is no trick, or easy get rich quick scheme, and you don't even have to buy real estate! The concept is to either slow down for longer, OR (and this one is my favorite) actually do something you enjoy doing every day, so that work... well isn't really work. You still need a portfolio and you will still need some traditional planning to see what age this can start at, and how much money is needed each year. This concept doesn't work if you're 50 and don't have any savings, the idea is the start the benefits of the retirement you're starting to envision, EARLIER. Would spending more time with the grandkids 2 years earlier make your life better? How about snow birding to Florida 4 years earlier than you thought possible? If you could play golf mostly when you want to for 5 years before you previously planned, would that increase your happiness? Start viewing you retirement for what it allows you to do, not what you get to stop doing!  

In Today's episode I discuss the impact of financial advice before age 50. Why it should be very different than the advice your parents receive, and some things to consider when getting started. Somewhere along the way, Financial Planning became synonymous with Retirement Planning. The truth is, Financial Planning is comprehensive financial advice for all ages, not just for the rich and the soon to be retired. If you're in your 30's or 40's, you are making financial decisions every day that will impact your greatly down the road. Now might be the time to start taking it serious, and get your financial house in order.

Investor behavior is the number one reason for investment underperformance. In today's episode I discuss a new way to view your investments and how to contextualize your losses (and gains). Having a basic understanding of how you're invested, and WHY you own certain positions goes a long way in making the right decision when times are tough. Not having an investment philosophy that you understand and believe in, can leave you stressed and unsure what to do. That is the EXACT time when people make the wrong moves, negatively impacting them for years to come. Successful Investing can be SIMPLE, but it's definitely not EASY. 

The retail investor today has access to more investments, free platforms and better tools than advisors did a short 10 years ago. While the data proves that the long term investor is better served with a low cost, well diversified portfolio, why are so many still paying so much for something that can be done for free.? In this episode I discuss a new way of thinking. I encourage you to update and raise your expectations. If you are paying for investment management and not receiving comprehensive financial planning, you deserve more. If you are a DIYer, or wish you were, but are too scared to take the leap, hopefully this is the first step in empowering you to do it. It's time we all take a look at what we are paying for and where the value is being added. Don't let the fancy pamphlets and quarterly market outlooks fool you. The smartest and most sophisticated money managers regularly underperform a well built portfolio over the long term. Don't let fear get in the way of making prudent financial decisions.

I sat down with Tami Clark, the Executive Director of the Central Pennsylvania Scholarship Fund to uncover a hidden gem for PA tax payers, and especially Small Business Owners.  We discuss how this program works, who it is best for and some common misconceptions you may find when doing your own research.  If you are a PA resident and love to support your local community, This is a MUST LISTEN !  Tami is a great resource on all things Educational Improvement Tax Credit related.  

Too often I see savers and responsible families not know how to distribute those savings back to themselves in a responsible way.  The end result is a fear based approach that errs on the side of caution leaving a lot of unspent dollars, and unlived experiences behind. Don't forget about TODAY, when planning for tomorrow.

Join us for an insightful conversation in the debut episode of 'Advised' podcast!  In this episode, host Rick engages in a candid discussion with Medicare expert Jocelyn Wolf. They delve into the world of health insurance, demystifying common misconceptions, sharing valuable insights, and exploring how to navigate the complex landscape of Medicare. Discover why it's crucial to critically evaluate information, avoid blind decisions, and find trusted resources to make informed choices. Whether you're approaching retirement or simply seeking guidance on insurance matters, this episode offers practical advice and empowering perspectives. Subscribe now for more expert discussions on financial and insurance topics!"