The Get Ready List 5-3-2024

Happy Friday!

Welcome this week's edition of The Get Ready List. This list spotlights insightful content from people who are changing the way we think about money.

Please share The Get Ready List, the more people that subscribe, the more I can include in future issues. Thanks for checking this out.

?? Events:

?? Insuretech Insights. Insurtech Insights ?is a global ecosystem aiming to connect industry leaders and decision makers with innovative startups who are challenging the insurance market, in order to create mutual business opportunities and accelerate growth. June 5-6 in New York. Check it out (here ).

???Podcasts

??? Matt Reiner, CFA, CFP? and Ryan Jenkins, CSP Ryan Jenkins talk about Understanding and Overcoming Loneliness in Modern Society on the Bridging the Gap podcast. This is an especially important topic with an aging America and a growing number of Solo Agers (of interest: Peggy Haslach, CFP?,CLU? , Paul Nagle , Cathy Sikorski, Esq. , Joy Loverde , Keena Pettijohn ). Check out the podcast episode (here ).?

??? Diana G. Ya?ez, MA, CFP?, RLP? and Michelle Jackson talk Rest, Relationships, and Alignment: Keys to Sustainable Social Impact on the Highly Sensitive Money Podcast.? They also talk about the rarely-discussed mental load around money - how women, especially women of color, take on so much emotional labor managing household finances. Check it out on YouTube (here )

??? Steven A. Jarvis, CPA ?? and Wade Pfau discuss how Financial Advisors can take complex knowledge and learn and distill it a way that will help clients take action on The Retirement Tax Services Podcast. Listen to it (here ).

??? Tony Ca?as, CPCU, MBA, AU, ARM, ARe, AIC, AIS chats with Vivek K. (Kaliraman), about the importance of a disaster preparedness plan on the Insurance Nerds Profiles in Risk Podcast. Check it out on YouTube (here ).?

??? Dr. Barbara Provost, EdD, MS Ed, MBM and Maggie Nielsen, MBA chat with Edward Coambs, CFP?, LMFT, CFT-I? about building financial intimacy with your partner on the Purse Strings podcast. Check out the episode on YouTube (here ).

??? Dr. Preston D. Cherry, AFC?, CFT?, CFP? and Russell James, J.D., Ph.D., CFP? discuss how charitable giving and tax planning can work together on the Life Money Balance Podcast. Check out the episode on YouTube (here ).

??? Anne Lester and I talk about? changing the way we think about money and living a better life on The Get Ready Money Podcast. Check out the episode on YouTube (here ).

?? Articles

?? Aging Alone: Here’s a simple plan by Joy Loverde : Who will take care of me when I’m old? This unsettling question is on the minds of millions of people who have never married, are separated, divorced, or widowed. With people living longer than ever, if we live long enough,?all?of us can expect to age solo. Check out the article (here ).

?? Challenging the Process by Jon Petersen for The Novel Investor. Investing, by nature, makes it hard to separate good decisions from good luck. Uncertainty, randomness, and noise muddy results. Anything can happen in markets in the short run. In addition, human nature drives us to be outcome-biased. We tend to judge decisions based on the outcome instead of on the quality of the decision made. Check it (here ).

?? Things you didn't learn in High school and why that doesn't matter anymore by Maura Shaftoe, CCS? , QAFP? . What beliefs are you holding around money that simply aren't true? Check out the article on LinkedIn (here ).

?? You Can Make IRA Contributions at Any Age, but Should You? By Christine Benz for 晨星 . Traditional IRA contributions after RMD age may make sense, but it depends on your tax situation. Check it out (here ).

?? Nearly Half of US Consumers Earning $100K+ Live Paycheck to Paycheck . In other words, higher incomes do not necessarily protect people from the financial stress that comes from living from one paycheck to the next. Check it out (here ).

?? 5 Trends Shaping Insurance in 2024 by Nicos Vekiarides for Insurance Thought Leadership . Technologies such as AI are reducing costs for underwriters, which will translate to more competitive customer rates. Check it out (here ).?

?? Reframing Risk In Retirement As “Over- And Under-Spending” To Better Communicate Decisions To Clients, And Finding “Best Guess” Spending Level by Justin Fitzpatrick, PhD, CFA, CFP? for Kitces.com . Check it out (here ).

?? Books

?? Wondering how to talk to your kids about money? If so, check out Start Talking: How to Start the Money Conversation with Your Kids by Faith Teope . The best time to start talking to your kids about money is today. Pick up your e-book copy (here ).?

?? Trailblazers, Heroes, and Crooks: Stories to Make You a Smarter Investor by Stephen Foerster. Lessons about sound principles of investing, and controlling emotions and bias when managing your investment portfolio. Pre-order it on Amazon (here ).

?? The Psychology of Money by Morgan Housel recommended by Asia Kuykendall . Timeless lessons on wealth, greed, and happiness. Pick it up on Amazon (here ).

Please share any podcasts, webinars, research reports, books and so on that will help people change the way they think about money.?

Until next week,

Tony