Is your retirement plan set for a successful future? When was the last time you reviewed your plan and ensured it has been adapted for any life-changing events?
Discover the seven key steps for achieving a fulfilling retirement with Josh Leonard. He touches on everything from crafting a budget and merging accounts to making savvy choices regarding health insurance and maximizing entitlements.
Josh discusses:
What is the first step in building a successful retirement plan
When should you start tax planning for retirement
Why is understanding Social Security important for retirement
The end of the year is the perfect time to take stock of your personal finances and make any adjustments that need to be made.
From catching up on retirement contributions to making charitable donations, you have a bit of time left to get everything in order before 2024.
In this episode, Josh Leonard explores end-of-year financial planning. He dives into assessing asset and debt issues, understanding tax implications, maximizing contributions to tax-advantaged accounts, and more. Josh also explains the benefits of gifting money to avoid estate taxes and the importance of financial aid planning for children or grandchildren attending college.
Josh discusses:
The need to look at taxable investment accounts and making end-of-year moves
The importance of taking required minimum distributions (RMDs) for individuals turning 73 this year
Tax planning strategies
The importance of maximizing contributions to accounts like HSAs and 401(k)s by the end of the year
The need to review insurance plans during open enrollment and update estate documents in light of any family changes or additions
The importance of considering financial aid planning strategies for college-bound kids
Getting stuck doing the things that you’ve always done just because you’ve always done them is one of the biggest atrocities of life. We have an opportunity each day to make something new and you should make the most of it.
In this episode, Josh Leonard brings on Jerome Myers to talk about one of the biggest lifetime transitions, transitioning into retirement. Jerome goes over the key areas of finding your next chapter in life and explains the significance of an “and” instead of an “or” lifestyle, the importance of prioritizing authenticity, how you can find your next mission in life, and how silence can help you find clarity.
Jerome discusses:
Why he started to help people with exit planning and transitioning into retirement
The key areas of finding your next chapter
The significance of an “and” lifestyle instead of an “or” lifestyle
Why it’s important to prioritize being your true, authentic self in all aspects of your life
How he helps people discover their next mission in life
How finding silence and peace can help you find clarity
Jerome Myers is an award-winning engineer, investor, mentor, and business strategist who helps founders navigate their Exit Paradox through his masterminds and coaching programs.
Prior to leaving his corporate leadership position, Jerome built a $20 million, 175-person division of a Fortune 550 company from scratch. He now uses his project management, engineering, and business expertise to advise business leaders on key areas such as leadership strategy, process improvement, sales and data analytics in real estate, financial services, business services, and health care to help his clients double their revenue, time off and charitable giving.
Jerome is also a general partner in a multifamily real estate portfolio and serves on the North Carolina Agricultural and Technical State University Entrepreneurship Advisory Board.
In 2022, Jerome won the prestigious alumni achievement award for the North Carolina A and T State University College of Engineering where a fully endowed scholarship has been created in his family’s name. A noted media expert, Jerome has been featured in Business Insider, Black Enterprise, Entrepreneur, Biznow, CBS, ABC, and Fox.
Jerome has interviewed numerous newly exited operators (NEOs) on his top-ranked Dreamcatchers podcast which provides inspiration, education, and direction to his audience of founders who are building companies to sell after they exit the “Matrix”.
With the large number of clients under our belt, we pride ourselves in adapting and catering to any of our client’s needs, in any circumstances. This is why we work with trusted professionals, as well as other partnered firms such as AE Wealth Management and Morningstar Investment Management.
In this episode, Josh Leonard is joined by some of the key players from his team: Angela Ferrante, Desiree Hoosac and the founder of Leonard Advisory Group, Bill Leonard. They explain what you can expect while working with them as you plan your retirement. Additionally, they talk about some fun events you can look forward to participating in when you join the clientele.
The Leonard Advisory Group team discusses:
Everyone’s individual role within the business and how it all works together
How the Leonard Advisory Group started out
The importance of a close-knit environment among the staff
How we have helped clients no matter what step in their planning process they are at
William Leonard founded Leonard Advisory Group to fill in the gaps he saw when helping his mother plan for retirement. Bill focused much of his career on the insurance and annuity industry. As an independent advisor, he helped thousands of retirees and pre-retirees face the financial challenges that lie ahead with confidence. Since 1996, Bill has worked in a variety of capacities, gaining valuable experience with insurance. In 2007, he became an independent consultant, focusing on income protection and retirement planning. In his free time, Bill enjoys traveling, boating, skiing, hiking, biking, restoring antique vehicles, and spending quality time with family, friends, and clients. He has been married to his wife, Cindy, for almost 40 years. They have three children: Zach, Josh, and Zoey, as well as a crazy border collie named Sweep. After over 25 years assisting families transition into retirement Bill is excited to transition himself into retirement at the end of 2022.
Angela Ferrante is a 1987 graduate of Allegheny College with a degree in Economics and Finance. She started with Equitable Life as an insurance representative 2 weeks after graduation selling life and disability insurance to the medical community. By 2005 she was supervising 165 representatives in 4 states and running the brokerage side of the office which included the opening of accounts, research, trade placement, cashiering of upwards of $2 million per month, as well as her own client base. Angela became an Accredited Investment Fiduciary in 2015. Angela and Mark live in Somerset County where she enjoys skiing, hiking, biking and gardening.
Desiree Hoosac has worked for over 20 years in client service and administrative roles in the financial and medical industries. Her top priority is to provide exceptional service to clients. This includes assisting the team in preparing for client reviews, updating plans and various service items. Desiree resides in New Eagle, Pennsylvania, with her two rescues: Maggie, a Lab mix, and Mittens, her cat. She has a daughter, Deanne, and granddaughter, Eliza. Desiree stays active trying to keep up with her many great nieces and nephews and enjoys golfing with her dad, playing pinochle, reading, spending time with family, history and being outdoors.
