ARIES Foundation Think WIth A Drink

6 Retirement Planning Errors that can seriously derail your future plans.Listen to this episode to learn what they are and the steps you can take to avoid them.Got questions?Reach out to us and schedule a free consultation.You and your money will be glad you did.Go here: https://calendly.com/d/3f4-nvf-fsw/aries-foundation-complimentary-consultation

we will be discussing the differences between an IRA (Individual Retirement Account) and a ROTH IRA. We will cover the contributions, taxes, withdrawals, and eligibility for each type of account. Additionally, we will provide examples of how each type of account can benefit different types of investors. By the end of the podcast, you will have a better understanding of which type of account may be right for you and your retirement savings goals

Cannabis Investing for Beginners - this was supposed to be our 4/20 episode but we got waylaid by a week, still we're going through all things marijuana-related for investors to consider. We start with the 420 origin story, which honestly sounds a little like Goonies meets Fast Times at Ridgemont High.Medical Use vs Recreational UseCBD vs THCTypes of industries to invest in:Growers & Retailers Biotech companies Ancillary Companies to the industryWe'll walk you through all of the different risks to consider when investing in the cannabis world and point you in the direction of a couple of different types of investments; stocks, ETFs. Last a word of caution so your money won't go "Up In Smoke" (yes, a pun at the Cheech & Chong movie.The beer for this episode is from Jack's Abby Brewery in Framingham, MA. It is one of the staples in their beer hall Blood Orange Wheat a thoroughly crushable lager during the hots Spring & Summer months. Enjoy!

What, Me Worry? Market Movements Inversion, Inflation, Recession, oh my (let’s drink) Who You Gonna Call (not The FED)? What Can You Do (besides pouring another round)? Pull up a blender, grab some limes, and enjoy as Tom & Craig go through what has transpired so far this year and what to be on the lookout in the markets.

We are sitting down with special guest Danielle Piskadlo, Executive Director of Women's Money Matters to discuss Financial Literacy for Women.

First, let's ask the question as to whether or not getting a tax refund is a good thing; depending on how you are at saving, sometimes it can be a good thing. However, it also means that you are lending your money to the government for free for almost al whole year. To use it as they want. Should you make a change to your withholding? How? Watch as we go over these and other questions about tax refunds.

It's may be just us, probably is, but it feels like we get asked about either Gold or Crypto 2 or 3 times a week nowadays. We figured, OK, let's do a show and go over both. Most importantly we also cover why you should consider or have a Hedging Strategy as part of your retirement planning in the first place. Why Gold works Why Crypto works And because it's us at ARIES we also will go over the downsides of using either of them as part of your plan. If you've been curious or wanted to ask the question (or maybe you already have) then join us for this episode and get some more clarity.

This isn't about the markets crashing, OK maybe it is, tough it's more about those swings and corrections that occur that can throw our portfolios and our goals out of whack. Too often and often too late what happens is we panic. Make a move or invest emotionally, which never ends well. We'll cover some of the basics and get into more specifics; - What is a market downturn? - Why does it matter? - Impacts on your portfolio and on your retirement - What are some protective steps you can take? Watch and learn to understand how to protect your portfolio from a market downturn.

7 out of 10 people over the age of 65 require some kind of assisted care. That's 70% of the population! Some will need care that lasts for more than 5 years. What are some ways to prepare yourself and your finances to handle these costs at some point in the future? - What does Medicare cover - The different types of insurance available and who they are most appropriate for - What if I am already in care? Watch and learn to understand why this matters for you and your family.

You probably have an IRA, but did you know that there are 7 (OK, so there are probably a lot more, but these are the top ones) that can cost you a fortune? Are making any of them with your current IRA accounts? Watch the episode to learn what they are, how to avoid doing them, and what you can do instead to make sure your IRA is working the right way for you. Never miss an episode- SUBSCRIBE NOW: https://www.youtube.com/channel/UC8XA1to8IHXsqsrGfWfRaHA The beer for this episode is Celebration Ale from Sierra Nevada

No one ever taught me about money. Or I didn't know about money. We hear this refrain from young (& old) folks alike - that there was a disconnect between them and having an understanding about handling finances. Let's face it, money isn't something we like to talk about, in fact we'll discuss just about anything else; politics, religion, even sex before we talk about our finances. And your kids learn that behavior as well. Start them young and give them a healthy outlook not only about money, but about handling there finances as well.

Ever considered owning a pet? There are plenty of rewards and benefits that with being a pet owner. There are, unfortunately, some downsides as well, specifically on the financial side of things. If you are considering getting a pet, have you thought about all of the expenditures that go along with caring for them? Now is the time to make sure you are all set and can handle anything that may occur with your new friend.

We all have a cause or charity that means something to us. And we would like to support it as much as possible. Sometimes it feels like we are unable to give even though we know the organization could use our help. But all is not lost. They are many different ways that you can give and support that favorite cause or charity and actually get paid in the process. Thanks to some very helpful strategies from our friends at the IRS. Check out this episode to learn more about the ways you can be both; a benefactor and the benefitee...

We get asked questions all the time about life insurance, most of the time they are about the differences between the types of policies available. So we thought we'd spend some time going over how life insurance policies work. We are breaking it down into two parts to make it easier to handle...The beer for this episode is Ship Shape from Treehouse

We get asked questions all the time about life insurance, most of the time they are about the differences between the types of policies available. So we thought we'd spend some time going over how life insurance policies work.We are breaking it down into two parts to make it easier to handle...  Watch the episode to get a better understanding and learn what each type of life insurance can do or not do for you and your family.The beer for this episode is Ship Shape a Czech-style Pilsner from Treehouse Brewing

Fact: Most of us will spend more time planning that two week trip to Disney, then we will planning our retirement. Yet, when you really think about it your retirement will be the longest vacation you ever take! But a most recent study found that people in their 40s & 50s feel they do not have enough saved and are not prepared to handle being retired. Part of the problem: The #1 Question that is being asked about retirement isn't the right or top question that should be asked. What's the right question?

OK, so we wanted to title this episode "Who's gonna get your stuff when you're gone", but Craig thought that was too morose and depressing for a show that is called THINK WITH A DRINK. But it really is the heart of the matter when we are talking about Beneficiary Designations: * Why it is important *Some assets don't pass by a Will *A lot can end up in Probate *Sometimes our best intention can create unforeseen consequences for our heirs

Accumulating a large pile of money is the goal during everyone's working years that will be used to pay for their costs of living in retirement. Our analogy is like climbing a mountain, getting to our retirement is like reaching the pinnacle point. Yeah, you made it! But ultimately what is the goal of climbing a mountain - To get to the top? NO! It's to get back down to base camp safely. This is the other half of retirement planning - going back down - or distribution of your money. And what is one of the biggest pitfalls or dangers that await every retiree on their way back down the mountain? Paying for Health Care.

What do most CEO's get as part of their compensation package - benefits. Which include things likestock options company car medical & retirementinsurance coveragespersonal pension plansNow you may not be able to replicate all of these options for yourself, but their are ways to take advantage and structure some options, so you will at least feel like the CEO of You, Inc.We'll also be opening RIDE ON a hazy, hoppy IPA from our friends at Golden Road Brewing.

Socially Responsible Investing is a hot button subject, but does it work? And are your investments really being aligned with your values?The 2nd part of the show we dive into ways to gather more money ("green" backs) to help you better handle your financial world.

CALLING ALL SENIORS - You don't want to miss this episode! We have special guests with us, Erin DiCarlo & Lauren Watts from Dovetail Companies and they cover all of the questions that you may have about what to do with your living arrangements now, and in the future - Should You Stay In Your Home and Age In Place? Or is a better option to Downsize? Relocate? What Senior Community Living? And these are just some of the questions that we'll be discussing.

Make Buying A Car More Fun Purchasing a vehicle - whether new or used (new to you) should be an exciting adventure. Between deciding on the type of auto we would like, to thinking about colors, and don't forget the options like a sunroof or heated seats (very important in the cold Northeast), to picturing how you'll look behind the wheel. All of this should make the concept of buying a car a very cool thing. But for most of us it isn't. It's a chore. A feeling of angst. And a lot of it has to do with how cars were sold before, like I'm being taken advantage of here, but I just don't know how.. Well it's time to change all that and make buying a care what it should be - FUN!We'll cover some of the ways you can be better prepared before you head to the dealership or sit down to negotiate on the purchase price. Remember, this is your car you're buying. Embrace it and have fun doing it.The "drink" for this episode is UNF Hard Cider from Downeast

Business Owner or Self Employed? Wish you could more $ away in your retirement accounts? Now You Can! A Cash Balance Plan is a type of pension plan that allows business owners to contribute 30% - 50% more to a retirement plan. The max in your current 401(k) is $66,000 and that's if you are matching and making additional contributions for all of your employees. We'll show you how to put $180,00 - $250,000 away (depending on your earnings) and you won't have to contribute as much to your employees.

The only problem with saving all your money for retirement in a 401(k) or IRA is that you will have to pay taxes when you take the money out. What's the biggest myth about what will happen when you do take the money out? But here is what we know usually happens for most retirees in the first few years they retire - they do all the fun stuff they've been waiting to do like all the "bucket list" items that have been saving up to check-off. And guess where the money comes from to do all of these fun things? Your retirement account, which means withdrawals and taxes, which can quickly lead us to a higher or increased tax bracket then we had originally intended.

The only person who gets hurt riding a roller coaster is the man who jumps off mid-ride... The markets go up, the markets go down, but what are some of the ways you can take what we at ARIES call "the motion sickness" out of your portfolio? - keep your assets aligned with your risk - don't let one stock or asset ruin your returnsHow can you avoid some of these missteps? What are ways to keep you & your portfolio on track? The beer for this episode is Hop-toberfest from Grey Sail Brewing

It's Groundhog Day so we are paying homage to the movie by asking the question: Why do we keep repeating the same mistakes over & over & over again. What are some of the things we do and what steps can you take to make sure that you don't fall into the same bad habit...again!

Investing is not about Returns or how much you are going to make. Investing is all about RISK. How much are you willing to lose? This is what trips up most investors. They chase returns, panic & sell at the wrong time, and suffer when the markets return again.Don't keep making the same mistakes. Learn how to be better and steps you can take to be more in control of your money & your future.

RESOLUTION (time)You say you’ll make a resolutionWell, you knowWe all want to change our livesYou tell me that it's evolutionWell, you knowWe all know that change is hardBut you think it's gonna beAll right?How’d you know it's gonna be (all right)How’d you know it's gonna be (all right)We tell you we’ve got a real solutionWell, you sayWe'd love to see your planYou ask should I make a contributionWell, you knowThat depends upon your planBut if you want money for a time in life that’s lateAll I can tell you is brother you have to waitDon't you know it's gonna be (all right)Don't you know it's gonna be (all right)Don't you know it's gonna be (all right)

There are always things going on that can leave us feeling a little overwhelmed and that is especially true when it comes to handling our money & finances.What can you do to feel a little more in charge?Listen in as we go over some of the tips & strategies you can use to start feeling more empowered when it comes to controlling your cash.

Financial Wellness ain't art ("I'll know it when I see it") It is subjective and different for everyone. But there are some compenents that we can all follow or adhere too that will help us be better financially. Listen in as we journey through financial wellness and trying to help you define it for yourself and better with our money decisions.

Target Date Funds have become one of the largest holders of assets in the retirement plan industry and more than likely, you are using them in an account.But how do they work actually?And more imnportantly, should you be using them at all.Listen in as we try to make some sense of it all in Target Dates - Who's Idea was this anyway?We are sipping on Sam Adams Octoberfest in this episode.

Over the years of working with and supporting participants in many diffferent retirement plans, we've seen a lot of questionable behavior when it comes to how employees handle their accounts.These are the ones that occur most often, but are usually the easiest to fix.Are you making any of them with your accounts?Tune in to find out.

Nobody ever really thinks about their credit until they asbolutely have too - buy a car, get a loan, even rent an apartment. But understanding your credit, especially your credit score, is extremely important. Listen in as we go over some of the steps you can take to have a better control over your credit and your finances.

Everybody (Suzie, Dave) ells you that you should have an Emergency Reserves Account, usually with an amount that seems way to overwhelming to even try to accomplish. But they also don't tell you how to get started or where you should put it.Listen in as we try to make some sense of all of the noise around Emergency Reserve Accounts

Confused by all the terms & jargon that gets thrown around by financial people? So are we! Let's take a step back and try to make sense of the strategies and what they really mean for you and financial goals.

Have you ever really looked at your paycheck?Your tax withholding status.What company benefits are worth taking and which are not?Join us to get a better understanding and see if you should be making some changes.

If you got sick or were injured and could not work, then would you your lifestyle be impacted?If the answer is yes, or maybe, then you should be looking into disability income protection.Because the unfortunate reality is that you are far more likely to get hurt then you are to die.And then where does that leave you?

MIND YOUR GAP! The problem for most retirees today in not having a guaranteed source of income other than Social Security to rely in retirement. Past generations had pensions, Income guaranteed by the company to provide for the rest of your life. Today however, either the company no longer offers a pension or the it isn't in business any longer. What can you do? What is the outcome you are trying to achieve and what are some of the strategies you can put in place to make it a reality?

What's the difference between an IRA & a ROTH IRA? Can I have both? Who can open one and how much can I contribute to it? What is a ROTH conversion and should I consider doing one?My employer retirement plan offers ROTH, is that different?Listen in as we try to answer these and other questions about Understanding ROTH & ROTH Conversions.For this episode we are sipping on Autumn Fest lager

We all have the dream of wanting to retire early, but the folks who follow the principles of FIRE actually realize that dream. Howver, there are sacrifices and choices they make that many of us would not follow. We feel there are some parts of the strategy that everyone can add or implement in their lives in some way.

How well have you prepared for your loan payments to begin. What are the some of the steps you should be taking right now to make sure your loan or service provider can reach you. Don't Wait! Take action now and get ahead of the wave that will be crashing into the Department of Education and their website come the Fall. We include some links to get more info and phone numbers as well. The beer for this episode is Lime Lite from Night Shift Brewing, a light beer with natural lime coming in at 120 calories and 4.3 ABV. Crisp, refreshing and definitely a crushable beer for a hot day on the beach.