Michigan's Retirement Coach Podcast With Mike Douglas podcast

Artwork

Player FM - Internet Radio Done Right

تمت الإضافة منذ fifty-two أسبوع

المحتوى المقدم من Impact Partnership and Mike Douglas. يتم تحميل جميع محتويات البودكاست بما في ذلك الحلقات والرسومات وأوصاف البودكاست وتقديمها مباشرة بواسطة Impact Partnership and Mike Douglas أو شريك منصة البودكاست الخاص بهم. إذا كنت تعتقد أن شخصًا ما يستخدم عملك المحمي بحقوق الطبع والنشر دون إذنك، فيمكنك اتباع العملية الموضحة هنا https://ar.player.fm/legal.

Michigan's Retirement Coach Podcast With Mike Douglas

مشاركة

منزل السلاسل•Feed

المحتوى المقدم من Impact Partnership and Mike Douglas. يتم تحميل جميع محتويات البودكاست بما في ذلك الحلقات والرسومات وأوصاف البودكاست وتقديمها مباشرة بواسطة Impact Partnership and Mike Douglas أو شريك منصة البودكاست الخاص بهم. إذا كنت تعتقد أن شخصًا ما يستخدم عملك المحمي بحقوق الطبع والنشر دون إذنك، فيمكنك اتباع العملية الموضحة هنا https://ar.player.fm/legal.

Retire with confidence! Introducing "Michigan's Retirement Coach," podcast- one of Feedspot's "Top Retirement Podcasts You Must Follow!"

Join Mike Douglas and his engaging series as he draws upon insights from real clients and their stories to help you make the most of a fulfilling retirement.

Mike and the whole team at LifePlan Financial Design can help you navigate the complexities of retirement planning in Michigan. Click for your personalized Retirement Roadmap here!

Follow on Facebook, Instagram, LinkedIn, YouTube and X (formerly known as Twitter)

About Mike Douglas, President and Advisor at LifePlan Wealth Design:

Mike Douglas specializes in wealth management and retirement planning at LifePlan Financial Design. Previously, he spent many years in the service industry, focusing on account management and business-to-business relationships.

His CFP® professional and financial planner certification and MBA round out his unique insight. He combines those experiences with his life, health, and Series 65 securities licenses and training to help families pursue their financial goals.

Mike and his wife, Kimberly, live in Howell, Michigan, with their four young children: Gavin, Zachary, Kaleb, and Emmalyn, along with one Shorkie (Shih Tzu/Yorkie), Satchmo. He enjoys doing anything with his family – sports, gardening, cooking, fishing, and more. Mike plays the piano and several other instruments at church and also enjoys golf and running. A former college football and tennis athlete, he completed his first marathon in 2017 at Walt Disney World.

… continue reading

100 حلقات

Artwork

Michigan's Retirement Coach Podcast With Mike Douglas

updated منذ 4 أيام

مشاركة

منزل السلاسل•Feed

المحتوى المقدم من Impact Partnership and Mike Douglas. يتم تحميل جميع محتويات البودكاست بما في ذلك الحلقات والرسومات وأوصاف البودكاست وتقديمها مباشرة بواسطة Impact Partnership and Mike Douglas أو شريك منصة البودكاست الخاص بهم. إذا كنت تعتقد أن شخصًا ما يستخدم عملك المحمي بحقوق الطبع والنشر دون إذنك، فيمكنك اتباع العملية الموضحة هنا https://ar.player.fm/legal.

Retire with confidence! Introducing "Michigan's Retirement Coach," podcast- one of Feedspot's "Top Retirement Podcasts You Must Follow!"

Join Mike Douglas and his engaging series as he draws upon insights from real clients and their stories to help you make the most of a fulfilling retirement.

Mike and the whole team at LifePlan Financial Design can help you navigate the complexities of retirement planning in Michigan. Click for your personalized Retirement Roadmap here!

Follow on Facebook, Instagram, LinkedIn, YouTube and X (formerly known as Twitter)

About Mike Douglas, President and Advisor at LifePlan Wealth Design:

Mike Douglas specializes in wealth management and retirement planning at LifePlan Financial Design. Previously, he spent many years in the service industry, focusing on account management and business-to-business relationships.

His CFP® professional and financial planner certification and MBA round out his unique insight. He combines those experiences with his life, health, and Series 65 securities licenses and training to help families pursue their financial goals.

Mike and his wife, Kimberly, live in Howell, Michigan, with their four young children: Gavin, Zachary, Kaleb, and Emmalyn, along with one Shorkie (Shih Tzu/Yorkie), Satchmo. He enjoys doing anything with his family – sports, gardening, cooking, fishing, and more. Mike plays the piano and several other instruments at church and also enjoys golf and running. A former college football and tennis athlete, he completed his first marathon in 2017 at Walt Disney World.

… continue reading

100 حلقات

كل الحلقات

×

Artwork

1
Are You Missing Out on Smart Tax Planning for Retirement? 15:10

منذ 4 أيام15:10

التشغيل لاحقا

التشغيل لاحقا

15:10

Tax planning is not just a yearly task but a crucial long-term strategy for a secure retirement. Certified Financial Planner Mike Douglas discusses the difference between tax preparation vs. tax planning and emphasizes the importance of proactive decisions that can significantly reduce lifetime tax liabilities. He explains why intentional investment and life choices can impact your financial future and how to integrate taxes into your overall retirement plan. Schedule your complimentary appointment today: MichigansRetirementCoach.com Follow us on social media: YouTube | Facebook | Instagram | LinkedIn See omnystudio.com/listener for privacy information.…

Artwork

1
Avoid These Common 401k Mistakes | Risk Tolerance in Retirement 20:25

منذ 11 يومًا20:25

التشغيل لاحقا

التشغيل لاحقا

20:25

Are you unknowingly risking your retirement? Managing your 401(k) properly is crucial for a financially secure future. Certified Financial Planner Mike Douglas discusses the common mistakes people make with their 401(k)s and provides practical steps to optimize their retirement savings. He explains balancing risk and security, the importance of consistently contributing, and the benefits of rolling over your 401(k) into an IRA as you approach retirement. Schedule your complimentary appointment today: MichigansRetirementCoach.com Follow us on social media: YouTube | Facebook | Instagram | LinkedIn See omnystudio.com/listener for privacy information.…

Artwork

1
The Roth Rule You May Not Know About | Withdrawing from Your Roth IRA 14:51

منذ 18 يومًا14:51

التشغيل لاحقا

التشغيل لاحقا

14:51

Ever wondered how Roth IRAs can transform your retirement? Certified Financial Planner Mike Douglas explores the ins and outs of Roth IRAs, including the crucial five-year rule that many people may not know about regarding withdrawals. He explains the distinction between contributions and conversions, detailing how each affects your retirement planning. Mike’s key points include the importance of starting your Roth IRA early to maximize benefits and the separate five-year clocks for each conversion. Schedule your complimentary appointment today: MichigansRetirementCoach.com Follow us on social media: YouTube | Facebook | Instagram | LinkedIn See omnystudio.com/listener for privacy information.…

Artwork

1
How to Protect Your Retirement from Social Security Risks 12:44

منذ 25 يومًا12:44

التشغيل لاحقا

التشغيل لاحقا

12:44

Social Security benefits could face cuts by 2034, potentially affecting retirement and income plans. With the uncertainty surrounding Social Security, Certified Financial Planner Mike Douglas explains that planning for alternative income streams such as annuities is crucial. Mike brings up the example of laddered annuities, which when carefully chosen, can offer protection against benefit reductions and provide stability for unforeseen circumstances. He discusses why diversifying your income streams helps maintain your lifestyle even if Social Security benefits are reduced. Schedule your complimentary appointment today: MichigansRetirementCoach.com Follow us on social media: YouTube | Facebook | Instagram | LinkedIn See omnystudio.com/listener for privacy information.…

Artwork

1
How to Make the Most of Your Retirement Savings 12:07

منذ 5 weeks12:07

التشغيل لاحقا

التشغيل لاحقا

12:07

Retirees are often more afraid of running out of money than of dying. A study by JP Morgan Chase found that over 80% of retirees do not touch their IRA money until they reach the required minimum distribution (RMD) age of 73, only then withdrawing the mandated amount. Certified Financial Planner Mike Douglas discusses the main reason why many retirees worry about outliving their savings. He touches on one strategy to minimize taxes and maximize charitable donations by using Qualified Charitable Distributions (QCDs), allowing retirees to transfer funds directly to charities without paying taxes. Schedule your complimentary appointment today: MichigansRetirementCoach.com Follow us on social media: YouTube | Facebook | Instagram | LinkedIn See omnystudio.com/listener for privacy information.…

Artwork

1
Retirement Planning in the Digital Age: Finding Trustworthy Information 20:16

منذ 6 weeks20:16

التشغيل لاحقا

التشغيل لاحقا

20:16

Navigating the digital age can feel overwhelming, especially when it comes to financial planning. From the nuances of HELOCs (Home Equity Line of Credit) to the complexities of leveraging stocks, understanding these intricate concepts is crucial for a secure retirement. Certified Financial Planner Mike Douglas explains how to sift through the noise and find reliable information that resonates with your unique financial situation. Schedule your complimentary appointment today: MichigansRetirementCoach.com Follow us on social media: YouTube | Facebook | Instagram | LinkedIn See omnystudio.com/listener for privacy information.…

Artwork

1
How to Spot & Eliminate Dead Money in Your Retirement Portfolio 16:05

منذ 7 weeks16:05

التشغيل لاحقا

التشغيل لاحقا

16:05

How badly is “dead money” affecting returns in your portfolio? Certified Financial Planner Mike Douglas discusses what could be holding your retirement plan back, including: cash stockpiles, non-performing stocks, and rental properties. He addresses the need for quarterly rebalancing to prevent portfolio drift, getting rid of non-productive assets, and ensuring investments align with current income and growth needs. Schedule your complimentary appointment today: MichigansRetirementCoach.com Follow us on social media: YouTube | Facebook | Instagram | LinkedIn See omnystudio.com/listener for privacy information.…

Artwork

1
Are You Prepared for a 40-Year Retirement? 19:01

منذ 8 weeks19:01

التشغيل لاحقا

التشغيل لاحقا

19:01

As lifespans increase, planning for longer retirements becomes necessary. Mike Douglas explores key strategies such as maximizing Social Security benefits, understanding market volatility, and adjusting for inflation. He highlights the importance of having a comprehensive income plan to ensure financial stability throughout retirement. Examining real-life scenarios, Mike addresses the need for personalized planning to address longevity risks and safeguard savings. Schedule your complimentary appointment today: MichigansRetirementCoach.com Follow us on social media: YouTube | Facebook | Instagram | LinkedIn See omnystudio.com/listener for privacy information.…

Artwork

1
Don’t Make These Common Mistakes When Receiving an Inheritance 11:50

منذ 9 weeks11:50

التشغيل لاحقا

التشغيل لاحقا

11:50

Many people make costly mistakes with inherited money, leading to financial struggles in retirement. In this episode, Mike Douglas discusses that when receiving a large sum of money, like an inheritance or lottery winnings, it's crucial to manage these funds wisely to secure a stable financial future. Mike challenges the notion of quickly paying off debts and considers how the money can generate ongoing revenue. He gives the example of investing the amount and using the interest to pay off debts and preserving the principal to provide steady income. Ready to begin building your customized retirement plan? Visit MichigansRetirementCoach.com to schedule an appointment with Mike and his team today! See omnystudio.com/listener for privacy information.…

Artwork

1
Key Strategies for Managing RMD Withdrawals 14:45

منذ 10 weeks14:45

التشغيل لاحقا

التشغيل لاحقا

14:45

Do you feel overwhelmed by financial jargon and retirement planning? In this episode, Certified Financial Planner Mike Douglas discusses the realities of required minimum distributions (RMDs) and how they affect your retirement funds. He highlights the age requirements, the differences between qualified and non-qualified money, and how to handle your RMDs effectively. Mike also explores strategies like charitable contributions and Roth conversions to help make the most of withdrawals. Ready to develop a strategy with your RMDs? Visit MichigansRetirementCoach.com to schedule an appointment with Mike and his team today! See omnystudio.com/listener for privacy information.…

Artwork

1
Investing in Your 401k is NOT a Plan 9:17

منذ 11 weeks9:17

التشغيل لاحقا

التشغيل لاحقا

9:17

Mike Douglas explains the historical context of retirement tools and why the 401k on its own is not a retirement plan. With pensions becoming rare and Social Security facing potential cuts, understanding and maximizing your 401k is essential to income planning. Mike explores strategies for supplementing retirement income, including the rule of 4%, dividend funds, and annuities. He lays out the pros and cons for each why the focus needs to be on individual circumstances and goals. Ready to see if you’re maximizing your 401k? Visit MichigansRetirementCoach.com to connect with Mike and his team today! See omnystudio.com/listener for privacy information.…

Artwork

1
Don’t Overpay in Taxes Through This One Strategy 10:10

منذ 12 weeks10:10

التشغيل لاحقا

التشغيل لاحقا

10:10

Many people don't fully understand the importance of diversifying their financial assets for tax efficiency. Mike Douglas explains the three types of money: pre-tax, after-tax, and tax-free, and explains how to strategically manage them to avoid overpaying taxes. By blending different types of accounts like 401(k)s, Roth IRAs, and taxable brokerage accounts, retirees can better navigate varying tax rates and maintain a comfortable lifestyle. Ready to explore your tax strategy in retirement? Visit MichigansRetirementCoach.com to connect with Mike and his team today! See omnystudio.com/listener for privacy information.…

Artwork

1
The Hidden Pitfalls of 401k Rollovers 20:29

منذ 13 weeks20:29

التشغيل لاحقا

التشغيل لاحقا

20:29

Avoiding common mistakes in 401k rollovers could save you from unexpected tax consequences. In this episode, Mike Douglas dives into the intricacies of rolling over your 401k into an IRA, focusing on neglected required minimum distributions and the potential benefits of Roth conversions. He explores how the current historically low tax brackets offer a unique opportunity to roll over your savings into a Roth IRA for tax-free growth. Mike highlights the importance of understanding the rules and limitations, especially for high earners who face contribution limits but can still benefit from the backdoor Roth conversion. He also warns of the long-term tax implications that come from converting your IRA into a Roth. Ready to see if 401k Rollovers are right for you? Visit MichigansRetirementCoach.com to connect with Mike and his team today! See omnystudio.com/listener for privacy information.…

Artwork

1
Protecting Your Legacy: Smart Strategies for Multi-Generational Wealth 16:48

منذ 14 weeks16:48

التشغيل لاحقا

التشغيل لاحقا

16:48

An estimated $84 Trillion in wealth is expected to be transferred over the next 20 years. Mike Douglas highlights the challenges financial advisors face when clients pass away and the importance of involving both spouses in financial planning. He emphasizes the need for family meetings to prepare the next generation for inheritance and financial responsibility, ensuring that wealth is preserved and not squandered. Mike also stresses the importance of educating heirs about managing their newfound wealth and the role of financial advisors in facilitating these conversations. Ready to build your retirement plan? Visit MichigansRetirementCoach.com to connect with Mike and his team today! See omnystudio.com/listener for privacy information.…

Artwork

1
The Reason Why Wives Need to be Involved with Retirement Planning 11:14

منذ 15 weeks11:14

التشغيل لاحقا

التشغيل لاحقا

11:14

Research shows that nearly 80% of women will become the sole financial decision maker for their household due to the majority of wives outliving their husbands. In this episode, Mike emphasizes the need for a family wealth strategy that both spouses understand and trust. By being informed and involved, Mike explains why women can help ensure financial stability and focus on cherishing life's moments during retirement. Ready to build your retirement plan? Visit MichigansRetirementCoach.com to connect with Mike and his team today! See omnystudio.com/listener for privacy information.…

مرحبًا بك في مشغل أف ام!

يقوم برنامج مشغل أف أم بمسح الويب للحصول على بودكاست عالية الجودة لتستمتع بها الآن. إنه أفضل تطبيق بودكاست ويعمل على أجهزة اندرويد والأيفون والويب. قم بالتسجيل لمزامنة الاشتراكات عبر الأجهزة.

الاستماع إلى +500 موضوع

دليل مرجعي سريع

أعلى المدونة الصوتية

SciDose بودكاست

Quizeculo كويزيكيلو

Faysalosophy Podcast | فيصلُوسُفِي بودكاست

Alkshkool بودكاست الكشكول

المحور الثاني

بودكاست كلام

Arabic News - NHK WORLD RADIO JAPAN

KBS WORLD Radio نشرة الأخبار

بزنس بالعربي (Business بالعربى )

Science Quickly

بودكاست شرفة

بداية الحكاية

Damiri | داميري

mishbilshibshib | مش بالشبشب

استمع إلى هذا العرض أثناء الاستكشاف