Ep 219: People That Cry Wolf in the Financial World

Retirease Radio with Victor Medina CFP®, RICP®, CELA®

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The Icelandic Art of Intuition with Hrund Gunnsteinsdóttir | 307 40:34

منذ 29 يومًا40:34

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قوائم

إعجاب

احب

40:34

We’ve turned intuition into a buzzword—flattened it into a slogan, a gut feeling, or a vague whisper we don’t always know how to hear. But what if intuition is so much more? What if it's one of the most powerful tools we have—and we’ve just forgotten how to use it? In this episode, I’m joined by Hrund Gunnsteinsdóttir , Icelandic thought leader, filmmaker, and author of InnSæi: Icelandic Wisdom for Turbulent Times . Hrund has spent over 20 years studying and teaching the science and art of intuition through her TED Talk, Netflix documentary (InnSæi: The Power of Intuition), and global work on leadership, innovation, and inner knowing. Together, we explore what intuition really is (hint: not woo-woo), how to cultivate it in a culture obsessed with logic and overthinking, and why your ability to listen to yourself might be the most essential skill you can develop. In This Episode, We Cover: ✅ Why we’ve misunderstood intuition—and how to reclaim it ✅ Practical ways to strengthen your intuitive muscle ✅ What Icelandic wisdom teaches us about inner knowing ✅ How to use intuition during uncertainty and decision-making ✅ Why trusting yourself is an act of rebellion (and power) Intuition isn’t magic—it’s a deep, internal guidance system that already exists inside you. The question is: are you listening? Connect with Hrund: Website: www.hrundgunnsteinsdottir.com TedTalk: https://www.ted.com/talks/hrund_gunnsteinsdottir_listen_to_your_intuition_it_can_help_you_navigate_the_future?utm_campaign=tedspread&utm_medium=referral&utm_source=tedcomshare Newsletter: https://hrundgunnsteinsdottir.com/blog/ LI: www.linkedin.com/in/hrundgunnsteinsdottir IG: https://www.instagram.com/hrundgunnsteinsdottir/ Book: InnSæi: Icelandic Wisdom for Turbulent Times Related Podcast Episodes: How To Breathe: Breathwork, Intuition and Flow State with Francesca Sipma | 267 VI4P - Know Who You Are (Chapter 4) Gentleness: Cultivating Compassion for Yourself and Others with Courtney Carver | 282 Share the Love: If you found this episode insightful, please share it with a friend, tag us on social media, and leave a review on your favorite podcast platform! 🔗 Subscribe & Review: Apple Podcasts | Spotify | Amazon Music Learn more about your ad choices. Visit megaphone.fm/adchoices…

منذ عامين 15:43

MP3•منزل الحلقة

There are plenty of people in the financial world that are guilty of crying wolf. No matter what is happening, they always preach the same message, which means we have to learn to tune them out.

That’s not always easy, however, and people will often make bad financial decisions because they’ve been influenced by one of these wolf-criers. It’s time to point out the different types of opinions you’ll often find and provide examples of times we’ve seen this happen.

Here are some of the things we’ll discuss in this episode:

How do you deal with people that are always negative about the market. (1:37)
What about the person that takes every bit of news and makes it out to be a huge bullish signal. (3:57)
The people that always preach about interest rates. (6:22)
Advisors that always push the same product no matter what the situation. (9:51)

About Retirease Radio:

Retirease Radio is hosted by Victor J. Medina, a Certified Elder Law Attorney (CELA®) and a Certified Financial Planner (CFP™). Founder of Medina Law Group & Palante Wealth Advisors, Victor and his companies are dedicated to empowering people through education about estate planning and their finances.

Connect:

Medina Law Group: https://www.jerseyestateplanning.com/

Palante Wealth Advisors: https://palantewealth.com/

283 حلقات

#Fitness #Victor Medina #Retirement #Financialplanning #Retirease #Podcasting Education

Ep 219: People That Cry Wolf in the Financial World

Retirease Radio with Victor Medina CFP®, RICP®, CELA®

published منذ عامين

MP3•منزل الحلقة

There are plenty of people in the financial world that are guilty of crying wolf. No matter what is happening, they always preach the same message, which means we have to learn to tune them out.

Here are some of the things we’ll discuss in this episode:

How do you deal with people that are always negative about the market. (1:37)
What about the person that takes every bit of news and makes it out to be a huge bullish signal. (3:57)
The people that always preach about interest rates. (6:22)
Advisors that always push the same product no matter what the situation. (9:51)

About Retirease Radio:

Connect:

Medina Law Group: https://www.jerseyestateplanning.com/

Palante Wealth Advisors: https://palantewealth.com/

283 حلقات

#Fitness #Victor Medina #Retirement #Financialplanning #Retirease #Podcasting Education

كل الحلقات

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منذ 49 weeks24:25

24:25

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منذ 51 weeks29:26

29:26

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منذ 1 year21:28

21:28

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منذ 1 year25:41

25:41

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منذ 1 year23:08

23:08

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منذ 1 year33:22

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منذ 1 year26:16

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منذ 1 year21:11

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منذ 1 year13:52

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منذ 1 year10:34

10:34

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منذ 1 year12:56

12:56

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Retirease Radio with Victor Medina CFP®, RICP®, CELA®

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منذ 1 year16:23

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You can find financial lessons everywhere in life and today we’re going to relate planning to the weather, something we all pay attention to every day. From tornadoes to black ice, we’ll share the appropriate analogies for each type of forecast and explain how our approach to planning will help you prepare for all of the elements. Much like the weather, you have to be ready to face anything the day brings your way. Life, like retirement, doesn’t pause when the elements get a little rough. We have to use the tools available to handle the devastating force of a tornado and the unforeseen effects of the jet stream and help you better prepare in today’s episode. Here’s some of what we discuss in this episode: Tornadoes happen quickly and cause large damage in minutes, which is much like a market downturn in retirement. The unseen force of the jet streams and how it affects all of the weather. How the heat index compares to the risk in your portfolio. How people slip on ‘black ice’ in retirement planning. About Retirease Radio: Retirease Radio is hosted by Victor J. Medina, a Certified Elder Law Attorney (CELA®) and a Certified Financial Planner (CFP™). Founder of Medina Law Group & Palante Wealth Advisors, Victor and his companies are dedicated to empowering people through education about estate planning and their finances. Connect: Medina Law Group: https://www.jerseyestateplanning.com/ Palante Wealth Advisors: https://palantewealth.com/…

Retirease Radio with Victor Medina CFP®, RICP®, CELA®

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منذ 2 years18:08

18:08

How financially fit are you for retirement? Get ready to find out with a self-assessment on must-know topics like assets, spending, risk tolerance, fees, and income streams. We have five questions that every retiree needs to be able to answer and Victor Medina will explain why each of these is so crucial for retirement planning. Acing it requires knowing the purpose of your investments, understanding how to calculate risk, and having an income plan prepared. Tune in now to assess your preparedness and pick up practical pointers to improve your retirement planning report card. Here are the questions we’re going to quiz you on today: Do you know how much you have financially? Do you know how much you’re actually spending? Do you know how much risk you have? Do you know what you’re paying fees? Do you know what your retirement income streams will look like? About Retirease Radio: Retirease Radio is hosted by Victor J. Medina, a Certified Elder Law Attorney (CELA®) and a Certified Financial Planner (CFP™). Founder of Medina Law Group & Palante Wealth Advisors, Victor and his companies are dedicated to empowering people through education about estate planning and their finances. Connect: Medina Law Group: https://www.jerseyestateplanning.com/ Palante Wealth Advisors: https://palantewealth.com/…

Retirease Radio with Victor Medina CFP®, RICP®, CELA®

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منذ 2 years18:07

18:07

If you were the general manager of a financial team, which products or investments would you prioritize to give you the best chance of success? That’s what we want to discuss today so we’ll have a little fun with this conversation by making Victor the GM. We’ll present some of the financial topics and items you might be most familiar with and find out where he would draft them. If you’re a sports fan, this should be an enjoyable exercise, but even if you’re not, there should be some useful information you can apply to your approach to planning in order to help win the game of retirement. Here are some of the things we’ll ask Victor to evaluate: The Roth IRA Where does gold fit in? The Life Insurance Retirement Plan The variable annuity The indexed annuity Rental properties About Retirease Radio: Retirease Radio is hosted by Victor J. Medina, a Certified Elder Law Attorney (CELA®) and a Certified Financial Planner (CFP™). Founder of Medina Law Group & Palante Wealth Advisors, Victor and his companies are dedicated to empowering people through education about estate planning and their finances. Connect: Medina Law Group: https://www.jerseyestateplanning.com/ Palante Wealth Advisors: https://palantewealth.com/…

Retirease Radio with Victor Medina CFP®, RICP®, CELA®

1
Is This an Investment or Not? 11:25

منذ 2 years11:25

11:25

Today we are going to play a little game we’ll call, ‘Investment or Not?’ People will try to justify a purchase by calling it an investment, but just because you spend a little extra money on something doesn’t make it an investment. On today's show, we examine the definition of an investment and explore how investing is not just about stocks and bonds. We’ll present Victor with various scenarios and find out if he would classify them as investments. We’ll be exploring if buying a snazzy car for a long commute, or even adding a screened-in porch to your home, could be considered investments. We’ll also help you understand if they’re actually good investments as well. Here’s some of what we discuss in this episode: Is it worth spending more on a nice car if you spend a lot of time commuting? Are collectibles like baseball cards an investment? What about adding a home renovation like a screened-in porch? As a business owner, is hiring quality people an investment in your business? Buying land without a plan to build on it or not. About Retirease Radio: Retirease Radio is hosted by Victor J. Medina, a Certified Elder Law Attorney (CELA®) and a Certified Financial Planner (CFP™). Founder of Medina Law Group & Palante Wealth Advisors, Victor and his companies are dedicated to empowering people through education about estate planning and their finances. Connect: Medina Law Group: https://www.jerseyestateplanning.com/ Palante Wealth Advisors: https://palantewealth.com/…

Retirease Radio with Victor Medina CFP®, RICP®, CELA®

1
Finding the Right Financial Advisor 17:13

منذ 2 years17:13

17:13

Not every financial advisor is created equal so picking the right one to work with can benefit you for years to come. But no one intentionally chooses someone that isn’t a good fit so what should you be looking for in a financial advisor? In this episode, we’ll talk about the characteristics that make up a good advisor and provide guidance on what questions you should be asking. Whether you’re looking for an advisor for the first time or just curious whether your current advisor is the best fit, Victor will help you identify someone with the right philosophy to get you to and through retirement. Building t Here’s some of what we discuss in this episode: Our philosophy at Palante Wealth and how we approach our relationships with clients. How do you truly know if someone is the right fit? What could go wrong if you’re working with someone who isn’t a good fit? What are your options if you aren’t comfortable with your current advisor? About Retirease Radio: Retirease Radio is hosted by Victor J. Medina, a Certified Elder Law Attorney (CELA®) and a Certified Financial Planner (CFP™). Founder of Medina Law Group & Palante Wealth Advisors, Victor and his companies are dedicated to empowering people through education about estate planning and their finances. Connect: Medina Law Group: https://www.jerseyestateplanning.com/ Palante Wealth Advisors: https://palantewealth.com/…

Retirease Radio with Victor Medina CFP®, RICP®, CELA®

1
Hindsight is 20/20 in Financial Planning 14:50

منذ 2 years14:50

14:50

Knowing what you know now, you’d probably go back and change some of your past decisions. Since that’s not possible, the next best thing is learning from other people’s mistakes. We all have things we wish we’d done differently, and today we’re going to share some of those scenarios where financial mistakes were made that don’t look so good in hindsight. From the lessons of the 2008 crisis to understanding the risk in your investments, we walk you through real-life scenarios that can significantly impact your retirement plans. Tune in, and equip yourself with knowledge that could redefine your financial future in retirement. Here are some of mistakes we can learn from: Investing too conservatively following a market crash and missing out on a big bull run Not understanding the risk in your portfolio until a down year happens. Making Social Security decisions without understanding your options. Wishing you put more money into a Roth IRA to avoid the tax time bomb in retirement. Retiring too early and realizing you have to go back to work. About Retirease Radio: Retirease Radio is hosted by Victor J. Medina, a Certified Elder Law Attorney (CELA®) and a Certified Financial Planner (CFP™). Founder of Medina Law Group & Palante Wealth Advisors, Victor and his companies are dedicated to empowering people through education about estate planning and their finances. Connect: Medina Law Group: https://www.jerseyestateplanning.com/ Palante Wealth Advisors: https://palantewealth.com/…

Retirease Radio with Victor Medina CFP®, RICP®, CELA®

1
Ways That People Ruin Their Retirement 16:13

منذ 2 years16:13

16:13

Would you like to avoid the financial missteps that can derail a retirement? Knowing where people often make the wrong decision or fail to take the proper action can help you keep from making the same mistakes and ruining your retirement. In today’s show, Victor will lean on his past experience to help identify the areas that typically cause people to have problems in retirement and he’ll also help you know what to do differently if you’re in these same positions. Here’s some of the mistakes we discuss this episode: Treating retirement like the destination rather than the beginning of the next chapter in life. Retirement doesn’t mean that all of your challenges disappear and all of your problems are gone. Your monthly spending habits likely can’t be determined strictly based on what you're spending while you’re working. Not having a plan for being active in retirement. Investing the same way in retirement that you were when you were in your 30s. About Retirease Radio: Retirease Radio is hosted by Victor J. Medina, a Certified Elder Law Attorney (CELA®) and a Certified Financial Planner (CFP™). Founder of Medina Law Group & Palante Wealth Advisors, Victor and his companies are dedicated to empowering people through education about estate planning and their finances. Connect: Medina Law Group: https://www.jerseyestateplanning.com/ Palante Wealth Advisors: https://palantewealth.com/…

Retirease Radio with Victor Medina CFP®, RICP®, CELA®

1
The Risk of Living a Long Time 16:54

منذ 2 years16:54

16:54

More and more people are living a longer time, which is a great thing. But it can also pose a significant risk to your retirement if you haven’t planned properly. If we knew exactly how long you were going to live, determining how much you need for retirement would be pretty easy. Since we can’t plug that number into a calculation, we need to take the proper steps to ensure your money lasts as long as you do. In this episode, we’ll talk about planning with longevity in mind and how we build that risk into every plan we build. Here’s some of what we discuss in this episode: Why Victor would choose spending money to gain time when given the option. Who are some of the older people we work with. Does longevity run in Victor’s family? How effective are people at planning for this possibility of a long retirement on their own? How we help people who worry about running out of money. About Retirease Radio: Retirease Radio is hosted by Victor J. Medina, a Certified Elder Law Attorney (CELA®) and a Certified Financial Planner (CFP™). Founder of Medina Law Group & Palante Wealth Advisors, Victor and his companies are dedicated to empowering people through education about estate planning and their finances. Connect: Medina Law Group: https://www.jerseyestateplanning.com/ Palante Wealth Advisors: https://palantewealth.com/…

Retirease Radio with Victor Medina CFP®, RICP®, CELA®

1
Pre-Retiree Mistakes to Avoid 13:15

منذ 2 years13:15

13:15

No one wants to make mistakes, but we’re all human. It’s going to happen to all of us, and we see pre-retirees make many of the same mistakes with their finances. Our role as financial advisors is to not pass judgment and make you feel bad about those mistakes, but to help you right the ship and get back on the correct path. In this episode, we’ll discuss some of the most common mistakes and talk about how we help people avoid them. It’s important to remember that it’s not about the mistake but rather how you react to it. If we can help you recognize the problems and help you make a different decision, you’ll be able to continue to get a little better with your finances. Here’s some of what we discuss in this episode: People continue to invest like they’re in their 30s even though they are approaching retirement. How to determine when you should be claiming Social Security. Why tax planning is more important for long-term success than tax preparation. Can you assume that your healthcare needs are going to be covered by Medicare? Why you shouldn’t take on more risk to play catch-up if you feel you’re falling behind. About Retirease Radio: Retirease Radio is hosted by Victor J. Medina, a Certified Elder Law Attorney (CELA®) and a Certified Financial Planner (CFP™). Founder of Medina Law Group & Palante Wealth Advisors, Victor and his companies are dedicated to empowering people through education about estate planning and their finances. Connect: Medina Law Group: https://www.jerseyestateplanning.com/ Palante Wealth Advisors: https://palantewealth.com/…

Retirease Radio with Victor Medina CFP®, RICP®, CELA®

1
The Client Review Process for Different Personalities 18:30

منذ 2 years18:30

18:30

We want to talk today about client reviews and how we approach them depending on the type of client we’re working with. Periodic reviews with certain clients can look very different from reviews with others, and we enjoy the variety of conversations we’ll have with folks. We’ll have a little fun with this conversation by describing a handful of personalities and then have Victor explain what the reviews will consist of for each person. Plus, you’ll get a better idea of what our review process looks like in general and why it’s so important for us to provide continuing education for our clients. Here’s some of what we discuss in this episode: What we do for people who are very busy and don’t often have time to meet. How we provide continuing education for people so that they feel comfortable with their plan. How we work with someone who is emotional about money and the markets. We want to stay objective and dispassionate with people who always seem to have major life events happening. Providing support for people who worry a lot about money and what’s happening in the news. About Retirease Radio: Retirease Radio is hosted by Victor J. Medina, a Certified Elder Law Attorney (CELA®) and a Certified Financial Planner (CFP™). Founder of Medina Law Group & Palante Wealth Advisors, Victor and his companies are dedicated to empowering people through education about estate planning and their finances. Connect: Medina Law Group: https://www.jerseyestateplanning.com/ Palante Wealth Advisors: https://palantewealth.com/…

Retirease Radio with Victor Medina CFP®, RICP®, CELA®

1
Retirement Wisdom from Bruce Springsteen Quotes 11:09

منذ 2 years11:09

11:09

New Jersey’s own Bruce Springsteen is one of the most successful musicians of all time and he’s been entertaining people around the world for decades. His fans can recite many of the lyrics in his songs word-for-word, and it’s easy to find inspiration from his music. In this episode, we’re going to spotlight some of our favorite quotes from The Boss and apply them to what we do each day in retirement and estate planning. There’s a lot to learn from Bruce, and even though we may not listen to as much of his music as many others in New Jersey, we can appreciate the wisdom in each of these quotes. Here are the quotes we’ll discuss in this episode: “Adult life is dealing with an enormous amount of questions that don’t have answers.” “The release date is just one day, but the record is forever.” “A good song takes on more meaning as the years pass by.” “If you’re good, you’re always looking over your shoulder.” About Retirease Radio: Retirease Radio is hosted by Victor J. Medina, a Certified Elder Law Attorney (CELA®) and a Certified Financial Planner (CFP™). Founder of Medina Law Group & Palante Wealth Advisors, Victor and his companies are dedicated to empowering people through education about estate planning and their finances. Connect: Medina Law Group: https://www.jerseyestateplanning.com/ Palante Wealth Advisors: https://palantewealth.com/…

Retirease Radio with Victor Medina CFP®, RICP®, CELA®

1
Constructing Your Financial House 17:23

منذ 2 years17:23

17:23

For some people, the idea of putting together a financial plan doesn’t sound like much fun. But the idea of building a home sounds much more enjoyable. So let’s find the similarities in building a strong financial plan and a dream home. In this episode, Victor will help us construct our financial house step-by-step and explain which pieces of planning play the part of the foundation, walls, roof, and the finishing touches. Putting together a strong financial plan, like a home, will be built to last for years and through any type of weather. Here are the quotes we’ll discuss in this episode: The foundation of any plan, like a home, has to be solid and it starts with an income plan. The investments we choose will serve as the walls of our financial house to provide structure. The tools we use to help someone protect their financial house. Putting the finishing touches on your house and buttoning up all the little items comes in the form of estate planning. About Retirease Radio: Retirease Radio is hosted by Victor J. Medina, a Certified Elder Law Attorney (CELA®) and a Certified Financial Planner (CFP™). Founder of Medina Law Group & Palante Wealth Advisors, Victor and his companies are dedicated to empowering people through education about estate planning and their finances. Connect: Medina Law Group: https://www.jerseyestateplanning.com/ Palante Wealth Advisors: https://palantewealth.com/…

Retirease Radio with Victor Medina CFP®, RICP®, CELA®

1
Financial Planning with Yogi Berra 19:20

منذ 2 years19:20

19:20

Yogi Berra is one of the most quotable people to ever live. He could entertain even more than he could play baseball, and he was a really good catcher. Even as a Red Sox fan, Victor has an appreciation for many of the things Yogi said through the years. When we look at some of his quotes through the right prism, they can teach us some lessons about financial planning. So that’s what we’ll try to do in this episode. We’ve pulled six great quotes that Yogi said through the years and we’ll going to make sense of them for what we do every day in retirement and estate planning. Here are the quotes we’ll discuss in this episode: “I never said most of the things I said.” “A nickel ain’t worth a dime anymore.” “If you don’t know where you’re going, you might wind up some place else.” “When you come to a fork in the road, take it.” “The future ain’t what it used to be.” “It’s like déjà vu all over again.” About Retirease Radio: Retirease Radio is hosted by Victor J. Medina, a Certified Elder Law Attorney (CELA®) and a Certified Financial Planner (CFP™). Founder of Medina Law Group & Palante Wealth Advisors, Victor and his companies are dedicated to empowering people through education about estate planning and their finances. Connect: Medina Law Group: https://www.jerseyestateplanning.com/ Palante Wealth Advisors: https://palantewealth.com/…

Retirease Radio with Victor Medina CFP®, RICP®, CELA®

1
The Good News-Bad News in Financial Planning 12:43

منذ 2 years12:43

12:43

Life is all about balance and today’s show will keep you level-headed when it comes to certain financial situations. Every decision we make needs to take into consideration the pros and cons and weigh them against each other to determine which option is best. We going to look at a few different situations where there are positives but those don’t usually outweigh the bad. This good news-bad news happens all the time in financial, retirement, and estate planning and our job is to help clients sort understand the full picture so they choose what benefits them the most. Here are some of the things we’ll discuss in this episode: The interest on your debt might be tax deductible but that’s not worth carrying it. Should you let low fees keep you in a mutual fund that doesn’t perform well? If you’re depending on Medicaid to pay for your nursing home care, it means you don’t have much else left in the bank. Can you count on your portfolio always bouncing back after a big drop? About Retirease Radio: Retirease Radio is hosted by Victor J. Medina, a Certified Elder Law Attorney (CELA®) and a Certified Financial Planner (CFP™). Founder of Medina Law Group & Palante Wealth Advisors, Victor and his companies are dedicated to empowering people through education about estate planning and their finances. Connect: Medina Law Group: https://www.jerseyestateplanning.com/ Palante Wealth Advisors: https://palantewealth.com/…

Retirease Radio with Victor Medina CFP®, RICP®, CELA®

1
Financial Planning with George Bernard Shaw 14:18

منذ 2 years14:18

14:18

No matter where you go or who you meet, there’s always an opportunity to glean financial wisdom from unexpected places in life. Today’s show is a great example of that as we’re going to see what we can learn about financial planning from these quotes from the great playwright George Bernard Shaw. The Irishman was born in the mid-19th century who made an impact on the arts along with being a critic and political activist. As you’ll see from the list of quotes below, he was a very thoughtful man. Let’s dive into a few of his most memorable quotes and apply them to the way we approach financial planning and retirement. Here are the quotes we will translate to the financial world: “Progress is impossible without change, and those who cannot change their minds cannot change anything.” “We don’t stop playing because we grow old; we grow old because we stop playing.” “Beware of false knowledge, it is more dangerous than ignorance.” “The possibilities are numerous once we decide to act and not react.” About Retirease Radio: Retirease Radio is hosted by Victor J. Medina, a Certified Elder Law Attorney (CELA®) and a Certified Financial Planner (CFP™). Founder of Medina Law Group & Palante Wealth Advisors, Victor and his companies are dedicated to empowering people through education about estate planning and their finances. Connect: Medina Law Group: https://www.jerseyestateplanning.com/ Palante Wealth Advisors: https://palantewealth.com/…

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Retirease Radio with Victor Medina CFP®, RICP®, CELA® « » Ep 219: People That Cry Wolf in the Financial World

Ep 219: People That Cry Wolf in the Financial World

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Retirease Radio with Victor Medina CFP®, RICP®, CELA® « »
Ep 219: People That Cry Wolf in the Financial World