Weekly financial and retirement guidance with Ben Schrock of BA Schrock Financial Group in Wadsworth, Ohio. Also serving the Cleveland and Akron areas. This podcast will help you learn important financial concepts that allow you to retire with confidence.
Most people are likely to pass at least some money on to their family, children, or charity through an inheritance. On today’s episode, we’ll explore the role legacy planning plays in your overall retirement plan and some of the most common routes people use when passing money on to their beneficiaries.
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What we discuss on this episode:Â
1:02 – Taking care of yourself versus leaving a legacy
3:01 – Is it ever advisable to not leave an inheritance?
4:13 – What’s the best way to pass money on?
6:48 – Having these tough conversations
8:54 – Brokerage and other taxed accounts
11:15 – Some accounts have better tax outcomes
11:53 – Real estate and life insurance options
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Read More: https://www.baschrock-fg.com/podcast/
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Episode Show Notes
Ep 89: How Your Legacy Plan Fits into Your Overall Retirement Plan – Part 1
Most people are likely to pass at least some money on to their family, children, or charity. On today’s episode, we’ll explore the role legacy planning plays in your overall retirement plan and some of the most common routes people use when passing money on to their beneficiar-ies.
Ep 88: 2022 Market Outlook with Keith Lockwood – Part 2
We continue our conversation with our chief investment officer, Keith Lockwood today. We’ll break down some market predictions for the rest of 2022 and 2023. Should we expect a rebound or a recession?
Ep 87: Withstanding Market Volatility with Keith Lockwood – Part 1
Joining us on today’s show, Medicare expert, Erin Carbone, will discuss the various working parts of Medicare, when you can apply, what kind of add-ons you should expect, and more.
Ep 86: Running an Insurance Business with Erin Carbone – Part 2
Joining us on today’s show, Medicare expert, Erin Carbone, will discuss the various working parts of Medicare, when you can apply, what kind of add-ons you should expect, and more.
Ep 85: How Medicare Works with Erin Carbone – Part 1
Joining us on today’s show, Medicare expert, Erin Carbone, will discuss the various working parts of Medicare, when you can apply, what kind of add-ons you should expect, and more.
Ep 84: Preparing Financially for the Future with Offensive Guard Brian Winters – Part 2
Today we are continuing our conversation with NFL offensive guard Brian Winters on entre-preneurship and preparing financially for the future. We’ll explore Brian’s plans for when he retires from the NFL and his goal of building a real estate business.
Ep 83: Saving Habits with Offensive Guard, Brian Winters – Part 1
NFL offensive guard, Brian Winters, joins us to discuss saving habits, investment management, and football! What kind of financial mindset does Brian have and how can it help you save for retirement?
Ep 82: Protecting Yourself Against Fraud
How do you protect yourself and your finances against the various different forms of fraud out there? On today’s show, we’ll discuss different types of scams and what you should be doing to keep yourself safe.
Ep 81: Managing Required Minimum Distributions
Do you have a strategy for required minimum distributions once you turn age 72? On today’s episode, we’ll discuss RMDs and how you should approach them in your retirement plan.
Ep 80: Financial Resolutions for 2022 – Part 2
Do you want to save more in the new year? Is your emergency fund set up? Join us today as we discuss savings goals for 2022 and how you can reach those goals.
How do you want to retire?
Not feeling confident about your retirement?