How likely are you to need Long-Term Care? Chris Boyd and Jeff Perry dig into the
data on the average incidence and duration of long-term care needs and who is most
likely to have a severe, sustained, long-term care incident. During this episode, Chris and
Jeff review a recent article from Morningstar (see link below) which outlines the
likelihood of a sixty-five-year-old needing some type of long-term care. The
conversation reviews several data points including wealth level, marital status, gender,
and self-reported health status. Chris concludes the discussion by explaining how the
issue of potential long-term care needs properly fits into a comprehensive financial plan.https://www.morningstar.com/retirement/how-likely-are-you-need-long-term-care

For more information or to reach Chris Boyd or Jeff Perry, click the below link:

https://www.wealthenhancement.com/s/advisor-teams/amr

Which of these things doesn't belong? – Do you know what types of investments are
legally prohibited from being in an individual retirement account (IRA)? Chris Boyd
and Jeff Perry outline in detail the various categories of investments that are not allowed
to be inside an IRA. The conversation turns to a detailed dialogue of investments that
may be lawfully allowed but may not be a wise choice for an IRA. Topics covered in this
in-depth episode include life insurance, collectibles, sub-chapter S Corporations, margin
accounts, REITs, and municipal bonds.

For a related conversation on this subject, check the link below from the “Great
Retirement Debate”:

https://open.spotify.com/episode/5XOonBS5q4DH9TtfJRriVk?si=FUlKkj3BQlmrhFIxC
y1Ndw

For more information or to reach Chris Boyd or Jeff Perry, click the below link:
https://www.wealthenhancement.com/s/advisor-teams/amr

Including family in your financial planning – While many people wish to keep their
financial planning completely private, as one ages, it can be prudent to inform family
members of your financial planning, estate planning, and help that may be needed from
the family. Chris Boyd and Jeff Perry dig into this subject as Chris shares a personal
story about his oldest client who recently passed away. The conversation includes
situations when bringing your family together to be a part of financial planning can be a
good way to foster open communication about finances, personal choices, and lessening
potential family conflict.
For more information or to reach Chris Boyd or Jeff Perry, click the below link:
https://www.wealthenhancement.com/s/advisor-teams/amr

Inflation falling, markets rising – Fresh off the Consumer Price Index (CPI) report, Chris Boyd and Jeff Perry discuss recent economic data and how it is impacting markets and the Federal Reserve’s posture on interest rates. Jeff summarizes recent stock market returns and reviews the AAII Investor Sentiment Survey (see links below) and Chris comments on whether now is a good time to take profits. The dialogue continues into long-term financial planning considerations, including risk tolerance, asset allocation, and managing cash flow needs.

For more information or to reach Chris Boyd or Jeff Perry, click the below link:

https://www.wealthenhancement.com/s/advisor-teams/amr

https://www.aaii.com/sentimentsurvey

https://www.spglobal.com/spdji/en/commentary/article/us-equities-market-attributes/

Lessons from the Morningstar Investor Conference – After attending the Morningstar
Investors Conference, Chris Boyd summaries lessons learned. Chris starts out by sharing
a chance meeting with legendary investor Mario Gabelli. Chris goes on to share what he
took away from Morningstar’s CEO Kumal Lapoor’s comments at the Conference which
in part predict lower stock market returns over the next ten years. Chris and Jeff go on to
debate the value of long-term market forecasts and why staying true to a financial plan is
critical.
For more information or to reach Chris Boyd or Jeff Perry, click the below link:

https://www.wealthenhancement.com/s/advisor-teams/amr

First half review of the markets – Chris Boyd and Jeff Perry welcome Brian Regan to
the episode for a review of market returns for the first half of 2024. The conversation
turns to a detailed analysis of Nvidia returns, including a history of the company and an
outlook for other companies in the semiconductor industry. Chris asks Brian about his
outlook of the fixed income sector. The dialogue turns to thoughts about copper, gold,
and how commodities may or may not fit into an investment portfolio.

For more information or to reach Chris Boyd or Jeff Perry, click the below link:

https://www.wealthenhancement.com/s/advisor-teams/amr

Misconceptions about your Money – Chris Boyd and Jeff Perry explore common
misconceptions about money that can put your retirement plan in jeopardy. The
conversation starts out with diversification dangers of single stock investing. Chris offers
specific examples of mistakes people make and offers some guidelines to consider. Jeff
warns listeners that one cannot always rely on the name of a mutual fund or ETF as being
accurate to what the underlying investment holdings are. The conversation next includes
issues of asset allocation and market risk. Chris gives his thoughts that being a low-risk
investor presents its own concerns like inflation and ultimately asset depletion.
For more information or to reach Chris Boyd or Jeff Perry, click the below link:

https://www.wealthenhancement.com/s/advisor-teams/amr

Retirement: Income and Taxes – Almost 20% of people over sixty-five are still
working. In this episode, Chris Boyd and Jeff Perry discuss the various financial and
emotional reasons that retirees continue to work beyond the typical retirement age. The
conversation continues with a detailed dialogue about how working before and after
Social Security’s full retirement age is treated for income tax purposes. Related issues of
Roth conversions, IRA required minimum distributions (RMDs), and legacy planning
come into play and how all these subjects are key components of the financial planning
process.
For more information or to reach Chris Boyd or Jeff Perry, click the below link:

https://www.wealthenhancement.com/s/advisor-teams/amr