Common Sense Financial Podcast Podcast Por Brian Skrobonja arte de portada

Common Sense Financial Podcast

Common Sense Financial Podcast

De: Brian Skrobonja
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 The Common Sense Financial Podcast is all about finances, mindset and personal growth. The goal is to help you make smart choices with your money in your home and in your business. Some of the podcasts here are historical in nature. They aired before July 1, 2022 and were previously approved by Kalos Capital. The views and statistics discussed in these shows are relevant to that time period and may not be relevant to current events. This is intended for informational and entertainment purposes only. It is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet the particular needs of an individual’s situation. Investing involves risk, including the potential loss of principal. Any references to protection, safety or lifetime income, generally refer to fixed insurance products, never securities or investments. Insurance guarantees are backed by the financial strength and claims paying abilities of the issuing carrier. Our firm is not permitted to offer and no statement made during this show shall constitute tax or legal advice. Our firm is not affiliated with or endorsed by the US Government or any governmental agency. The information and opinions contained herein provided by the third parties have been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed by our firm. Securities offered only by duly registered individuals through Madison Avenue Securities, LLC. (MAS), Member FINRA & SIPC. Advisory services offered only by duly registered individuals through Skrobonja Wealth Management (SWM), a registered investment advisor. Tax services offered only through Skrobonja Tax Consulting. MAS does not offer Build Banking or tax advice. Skrobonja Financial Group, LLC, Skrobonja Wealth Management, LLC, Skrobonja Insurance Services, LLC, Skrobonja Tax Consulting, and Build Banking are not affiliated with MAS. Skrobonja Wealth Management, LLC is a registered investment adviser. Advisory services are only offered to clients or prospective clients where Skrobonja Wealth Management, LLC and its representatives are properly licensed or exempt from licensure.All rights reserved Economía Finanzas Personales
Episodios
  • Avoid Making These 5 Retirement Mistakes - Replay

    Avoid Making These 5 Retirement Mistakes - Replay
    Jun 25 2025
    “The more money you have, the bigger the mistakes,” someone once told Brian… How does that translate into retirement planning? And how can you help ensure you approach your financial planning for your “golden years” in the best possible way? In this new episode of the Common Sense Financial Podcast, host Brian Skrobonja goes over five retirement mistakes that you should stay away from at all costs, as well as what retirement is actually about. Brian touches upon something that a very successful person told him when he was getting started with his business back in 1993: ‘The more money you have, the bigger the mistakes.’With his desire to work hard and strong work ethic, Brian quickly became successful. But there was a problem with his approach – Brian opens up about that.Brian shares some of the retirement mistakes he has seen people make in his 30-year career.Having a distorted view of what wealth really is and having what Brian calls “vertical diversification” are two common mistakes Brian has seen over and over again in his career.There are many factors to consider when attempting to diversify. You shouldn’t believe that a bank account and a portfolio of public investments are all that’s available to you as you move your diversification horizontally.Brian points out a common practice to avoid: making an investment decision based on the tax deduction alone.When making decisions regarding how you save money, Brian suggests considering how you’ll ultimately use the money.Brian discusses why you shouldn’t have too much dependency on markets nor having complacency.Brian sees retirement as a balancing act between growing money for the future while drawing income for your retirement needs. Mentioned in this episode: BrianSkrobonja.com Securities offered only by duly registered individuals through Madison Avenue Securities, LLC. (MAS), Member FINRA & SIPC. Advisory services offered only by duly registered individuals through Skrobonja Wealth Management (SWM), a registered investment advisor. Tax services offered only through Skrobonja Tax Consulting. MAS does not offer Build Banking or tax advice. Skrobonja Financial Group, LLC, Skrobonja Wealth Management, LLC, Skrobonja Insurance Services, LLC, Skrobonja Tax Consulting, and Build Banking are not affiliated with MAS. The firm is a registered investment adviser with the state of Missouri, and may only transact business with residents of those states, or residents of other states where otherwise legally permitted subject to exemption or exclusion from registration requirements. Registration with the United States Securities and Exchange Commission or any state securities authority does not imply a certain level of skill or training. Advisory services are only offered to clients or prospective clients where Skrobonja Wealth Management, LLC and its representatives are properly licensed or exempt from licensure. This website is solely for informational purposes. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. No advice may be rendered by Skrobonja Wealth Management, LLC unless a client service agreement is in place. Skrobonja Financial Group, LLC provides links for your convenience to websites produced by other providers of industry related material. Accessing websites through links directs you away from our website. Users who gain access to third party websites may be subject to the copyright and other restrictions on use imposed by those providers and assume responsibility and risk from use of those websites. Any references to protection, safety or lifetime income, generally refer to fixed insurance products, never securities or investments. Insurance guarantees are backed by the financial strength and claims paying abilities of the issuing carrier. This is intended for informational purposes only. It is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet the particular needs of an individual’s situation. Our firm is not permitted to offer, and no statement made on this site shall constitute tax or legal advice. Our firm is not affiliated with or endorsed by the U.S. Government or any governmental agency. The information and opinions contained here in provided by third parties have been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed by our firm. Any media logos and/or trademarks contained herein are the property of their respective owners and no endorsement by those owners of Brian Skrobonja is stated or implied. The awards, accolades and appearances are not representative of any one client’s experience and is not indicative of future performance. Each of these awards have set criteria for their nominations and eligibility requirements. “Best Wealth Managers” and “Future 50 Company” are annual surveys conducted ...
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    15 m
  • Social Security: Understanding the Numbers and What Happens When One of You Passes?

    Social Security: Understanding the Numbers and What Happens When One of You Passes?
    Jun 18 2025
    Brian Skrobonja breaks down two retirement curveballs that most people don’t see coming until it’s too late. He covers how your Social Security decisions can make or break your retirement, and what really happens to your income when your spouse passes away. From the math behind claiming early versus waiting, to the hidden tax traps that arise when one spouse passes away, this episode walks you through the real-life scenarios that can make or break your retirement plan. Brian starts by introducing Joe and Jane, a blend of real-life clients whose story brings clarity on the right way to claim Social Security and what happens to your income when a spouse passes away.He highlights how to understand the impact of Social Security and the math behind what you keep and what you lose.Brian explains how Social Security isn’t just about retirement timing. It’s about your income, your long-term tax exposure, and your ability to stay financially independent. You’ve worked your whole life to earn these benefits, you shouldn't allow the tax man to take more than necessary just because of bad timing or misinformation.Why is retirement planning so important? For married couples like Joe and Jane, the right decision on when to claim benefits can be a six-figure decision. According to Brian, filing before full retirement age means you accept a permanent reduction in your benefit. For example, if Joe starts drawing Social Security at 65 and Jane at 62, Joe's full retirement benefit is $3,000 a month, and Jane just $2,000 a month. But since they’re drawing before their full retirement age, there’s a permanent reduction. Joe gets $2,600 a month and Jane gets $1,400 a month. That's $1,400 a month total. Multiply that across 25 years and you land at about 1.2 million in lifetime benefits.Brian walks through a smarter path—Joe waits until 70, Jane until 67. With this strategy, Joe’s benefit increases substantially thanks to delayed credits, while Jane locks in her full amount. The result is $5,720 per month and a total retirement income that’s $172,000 higher than the early-filing option.If they both wait until age 70, their monthly income jumps to $6,200—and over the same 25-year period, that choice results in $1.398 million in total benefits. That’s nearly $200,000 more than the “default” approach. Why does this matter so much? Because those additional dollars don’t just boost your lifestyle, they can help protect your surviving spouse, increase your flexibility later in life, and reduce your reliance on investment withdrawals.Every strategy has trade-offs. Waiting requires income from other sources, which means you need a plan in place. But if you can do it, the long-term gain is not just higher monthly income, it’s peace of mind that you’ve made a decision that protects both you and your spouse for life.Brian highlights how the survivor benefit is a critical retirement planning piece that many people overlook.Brian explains how Social Security doesn’t have to be a guessing game and how you can use it to design a retirement plan with confidence.Most people think retirement planning ends when you start withdrawing income from your accounts, but Brian believes that’s actually where the real planning begins.He explains why it’s not just about having enough money. It’s about how that money behaves in retirement, how it stretches, how it responds to market shifts, and how it continues to support you when something unexpected happens.Brian shows how lower income in retirement can sometimes lead to higher effective tax rates—especially when you factor in things like Social Security taxation and Medicare surcharges.Filing status changes everything when one spouse passes away. The surviving spouse becomes a single filer, which means half the standard deduction and compressed tax brackets. Even with a smaller income, they could end up paying significantly more in taxes.Learn how Joe and Jane's provisional income pushed them into the 85% tax zone for Social Security. With IRA withdrawals and benefits combined, their adjusted gross income hit nearly $83,000. After the standard deduction, their taxable income was just under $53,000—enough to land them in the 12% bracket and trigger nearly $6,000 in federal tax.Brian emphasizes why tax planning isn’t optional. You can run all the retirement projections in the world, but if you’re not planning for survivorship and changing tax dynamics, you’re only seeing half the picture.This is where strategies like Roth conversions come in. By converting part of your IRA while both spouses are still alive—and still filing jointly—you can lock in today’s low rates. Later, the surviving spouse benefits from a source of income that’s entirely tax-free.The cost of losing a spouse isn’t just emotional—it’s financial. And it often happens at the exact moment when a household is least equipped to absorb the hit. Without a plan, what should...
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    23 m
  • 6 Tips For Choosing the “Right Fit” Financial Advisor - Replay

    6 Tips For Choosing the “Right Fit” Financial Advisor - Replay
    Jun 11 2025
    Are you part of that 68% of people who would like to have a personalized financial plan, but aren’t sure where to find a financial advisor? What should you pay attention to when trying to get a financial planning expert to help you, and you’re evaluating different options? In this new episode of the Common Sense Financial Podcast, host Brian Skrobonja shares six factors you should keep into consideration and look at when going through different financial advisor options. According to a May 2022 PR Newswire survey, 68% of people would like to have a personalized financial plan, but they’re not sure where to find a financial advisor.Brian sees information-gathering and understanding that planning isn’t the same as investing are the biggest mental hurdles of financial planning.When it comes to picking a financial advisor, there are six primary factors Brian suggests looking at.A 2022 study found that 80-90% of advisors fail in the first three years of practice – the main reason being the steep learning curve involved in serving clients.10 years is the minimum that Brian would look for in terms of experience a financial advisor has.Brian discusses the different designations a financial advisor might have.Brian touches upon the importance of whether a financial advisor owns the company and the range of services they offer. Mentioned in this episode: BrianSkrobonja.com Dan Sullivan Chat GPT FINRA The Financial Fiduciary Standard Explained (2021 Kipliger article by Brian) Reference for this episode: https://www.prnewswire.com/news-releases/nearly-3-in-5-americans-59-want-financial-advice-but-are-not-sure-where-to-get-it-according-to-intelliflo-survey-301494402.html Securities offered only by duly registered individuals through Madison Avenue Securities, LLC. (MAS), Member FINRA &SIPC. Advisory services offered only by duly registered individuals through Skrobonja Wealth Management (SWM), a registered investment advisor. Tax services offered only through Skrobonja Tax Consulting. MAS does not offer Build Banking or tax advice. Skrobonja Financial Group, LLC, Skrobonja Wealth Management, LLC, Skrobonja Insurance Services, LLC, Skrobonja Tax Consulting, and Build Banking are not affiliated with MAS. Skrobonja Wealth Management, LLC is a registered investment adviser. Advisory services are only offered to clients or prospective clients where Skrobonja Wealth Management, LLC and its representatives are properly licensed or exempt from licensure. The firm is a registered investment adviser with the state of Missouri, and may only transact business with residents of those states, or residents of other states where otherwise legally permitted subject to exemption or exclusion from registration requirements. Registration with the United States Securities and Exchange Commission or any state securities authority does not imply a certain level of skill or training. Past performance is no guarantee of future returns. Investing involves risk, including the potential loss of principal. It is not possible to invest in an index. Any references to protection, safety or lifetime income, generally refer to fixed insurance products, never securities or investments. Insurance guarantees are backed by the financial strength and claims paying abilities of the issuing carrier. This video is intended for informational purposes only. It is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet the particular needs of an individual's situation. Our firm is not permitted to offer and no statement made during this presentation shall constitute tax or legal advice. Our firm is not affiliated with or endorsed by the U.S. Government or any governmental agency. The information and opinions contained herein provided by third parties have been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed by our firm.
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    16 m
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