Portfolio Planning – Relax, It's Retirement Podcast

Spring Cleaning! 10 Tips to Clean up your Finances (Ep. 14)

By Relax It's Retirement-Podcast | April 18, 2023

As the flowers bloom, the grass gets greener and our worries feel lighter, we know that spring is around the corner. You’re probably cleaning out your closets this spring or your garden beds but we’re going to talk about financial spring cleaning as this is a great time to get organized. It is a process of organizing your finances and reviewing your financial position. It can help find areas to save money, reduce expenses and improve your retirement.

In this episode, Josh Leonard discusses 10 different ways you can clean up your finances to get ready for this season and easily transition, helping you feel confident in your portfolio.

Josh discusses:

How you can calculate and review your expenses
Cleaning up debt and checking your credit report
How to approach that junk drawer we all dread going in to
Optimizing your tax strategy to pay fewer taxes in retirement
Some strategies on how to operate inactive accounts from prior jobs or student accounts that are no longer in use
And more

Resources:

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Income Planning: When The Paychecks Stop (Ep. 12)

By Relax It's Retirement-Podcast | February 21, 2023

What do YOU view as your most substantial asset that allows you to live the life you want to live on a daily basis?

In this episode, Josh Leonard talks about the road you have to follow once your paychecks stop coming in. Is your life going to run the same? How do you feel confident in your bank account when that number stops increasing? Where is all your money going to come from? Josh alleviates all of these stressors in detail.

Josh discusses:

How life expectancy can determine the plan you create for your retirement
The ins and outs of pension planning
Some ways you can keep a consistent income source during retirement that does not limit you to a 9-5 job
And more

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5 Hidden Year-End Tax Saving Strategies (Ep. 7)

By Relax It's Retirement-Podcast | December 6, 2022

2022 has been a challenging year, to say the least. From the war in Ukraine, inflation and elections to the downward shift in the market, there are a number of factors coming together, causing us to stress about our finances. Thankfully, the year is not over yet and we have a few effective strategies that might save you tax-free money.

In this episode, Josh Leonard discusses five hidden tax-saving opportunities you may want to take advantage of before year-end.

Josh dives into:

How to get more tax-free money
Making savvy retirement planning moves
Being charitable, skipping your RMD, or getting rid of some qualified money
Bundling up the deductions as you make big money moves
Maximizing the current tax discounts
And more

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Leaving a Legacy Through Audio Memoirs with Daniel Powell (Ep. 6)

By Relax It's Retirement-Podcast | November 22, 2022

Do you ever wonder about how people will think of you or remember you once you have passed away? Is it important for you to leave behind a story or personal anecdote that you feel defines your life?

In this episode, Daniel Powell from Liminal Legacy Media is here to talk about legacy planning and the different ways you can create this legacy that can be shared for years to come. From creating an audio memoir to offering your family the expertise that you have perfected in your lifetime, it is time to start thinking about what you might want to leave behind for your family to remember you by.

Daniel discusses:

What an audio memoir entails and the value of capturing one as part of your total legacy plan
What a legacy plan looks like beyond just finances
The ideal age to start recording audio memoirs
How you can leave a positive mark on your family through the years of experience you have to offer
And more

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About our Guest:

Daniel Powell is an audio producer and storyteller based in Fort Collins, Colorado. He’s the founder and owner of Liminal Legacy Media, a business that partners with individuals entering their golden years. He works with his clients to capture their life stories, share their legacy with loved ones, and of course, preserve those tales for the life of generations to come.

What he does with a client is he works to create an immersive audio memoir focused on their life experience. The audio memoir is a documentary centered on their life experiences. These productions don’t just explain your story to loved ones, but it helps immerse them in your experience and gives you a unique firsthand insight into their lives.

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Retiring With Intent (Ep. 2)

By Relax It's Retirement-Podcast | October 11, 2022

Retirement looks different for many people. For some, it might be slowing down, taking your foot off the gas, and leaning back into a more relaxed lifestyle. For others, it may be continuing to work part-time but focusing on passions rather than a career. An intentional retirement can kickstart this process for you through planning ahead early and identifying your goals.

In this episode, Josh Leonard details the retirement planning process at Leonard Advisory Group. He explains how they mentor and guide their clients by the breakdown of INTENT – I (yourself), Needs, Taxes, Endowment, Navigating Financial Tools, and the Team helping you through this process.

Josh discusses:

What needs and wants to identify when planning your retirement
How you can start saving at a young age while simultaneously being able to enjoy your money
Important questions to ask yourself before creating your retirement plan
The three-bucket approach to dealing with finances
And more