Tony Steuer Recommends - 11/15/2024

Here are my top 10 recommendations for the week from people who are passionate about changing the way we think about money and?are qualified and unbiased sources.

1) Changing the way couples think about money.

Love & Money: The Keys To Financial Success As A Couple with Douglas A. Boneparth, CFP? , Heather Boneparth and Brendan Frazier on The Human Side of Money Podcast. Drawing from personal experience, they reveal practical ways for couples to redefine financial responsibilities, appreciate non-monetary contributions, and set shared goals for the future.

For advisors, Doug and Heather break down how to create balanced, inclusive conversations that engage both partners, tackling emotional undercurrents to strengthen relationships along the way. Check it out (here).

2) Maximizing retirement income.

4% Rule Guru William Bengen Reveals How to Maximize Your Retirement Income! With Dr. Preston D. Cherry, AFC?, CFT?, CFP? on the Life Money Balance Podcast. The 4% rule should be seen as a flexible guideline rather than a strict rule, adaptable to individual retirement timelines and economic conditions. Creating a diversified investment portfolio is crucial for managing risks and optimizing returns.? Continual assessment and adjustment of the retirement plan are essential. Implementing strategies like guardrails allows retirees to adjust their withdrawal rates in response to market and inflation changes, ensuring sustainability of their retirement income over the long term. Watch it on YouTube (here).

3) Who you going to call? (Money) Ghost Busters!

Busting Money Ghosts with Carolina Perez Sanz, PhD, CPCC, PCC and Tony Steuer, CLU, LA, CPFFE on The Get Ready Money Podcast. Personal power is what allows you to trust yourself. Money ghosts are behaviors that under-earners show. Ask for what you’re worth. Stop undervaluing yourself, don’t work for free. Money doesn’t give you power, you have your personal power. Thanks to your power, you can use money how you want. Watch or listen to the podcast (here).

4) Where sports, money and tech meet.

The Intersection of Sports, Tech, and Investment with Andrew Petcash and Lawrence Sprung, CFP? on the Mitlin Money Mindset podcast. Andrew shares his journey from early entrepreneurial ventures to becoming a venture capital leader, offering invaluable insights into market trends and investment strategies that could guide you through today’s complex financial landscape. Listeners will also discover how Andrew’s firm is driving innovation in sports and beyond by leveraging strategic investments and building impactful communities for promising startups. Check it out (here).

5) Same as it ever was - or is it?

What Never Changes with Money with Morgan Housel and Barry Ritholtz on The At The Money Podcast. As much as our era seems to be unprecedented, Human nature is the same as it ever was. Our behavior around risk and reward has been very consistent over the millennia. Check it out (here).

6) What you need to know about getting started with life insurance.

Life Insurance 101 (How to choose in 2024/2025) with Tony Steuer, CLU, LA, CPFFE and Charlene H. Cong, CFA on Charlene’s podcast. What is Life Insurance? Term vs. Permanent Life Insurance. Factors to Consider in Life Insurance Policy. Determining the Right Amount of Life Insurance Coverage. Impact of Health and Lifestyle in life Insurance. Check out the conversation on YouTube (here).

7) A guide to building your nest egg.

Building a Million-Dollar Retirement Before 60: A Step-by-Step Guide by Tanya Taylor, CPA, MBA . By the end of this guide, you’ll have a clear, actionable plan to build your million-dollar nest egg well before you hit the big 6-0! Read on LinkedIn (here).

8) Year end tax planning.

Wrap Up 2024: Fun Year-End Tax Planning! Featuring Prudence Zhu, CPA/PFS, CDFA? , event by HUUB HUUB on December 10, 2024 at 11am PT (Virtual). Smart Strategies: Discover simple yet effective tips to minimize your tax bill before the year ends. Key Deadlines. Helpful Tools & Bookkeeping Hacks. Planning for 2025: Gain insights into retirement accounts and profit-sharing strategies to secure your financial future. Learn more (here).

9) 2025 Savings and retirement rule changes.

7 Savings and Retirement Rule Changes for 2025 with Laura D. Adams, MBA on the Money Girl Podcast. Laura reviews seven changes to various tax-advantaged accounts starting in 2025 that can help you pay less tax and save more money. Listen on (Apple Podcasts).

10) What advisors should know about Estate Planning for 2024.

The State of Estate Planning 2024: Key (Must-See!) Findings from Advisors Across the Industry hosted by Diana Cabrices presented by Trust & Will on November 20, 2024 at 10am PT (Virtual). groundbreaking insights from our new advisor survey, showing the real state of estate planning today. it's your chance to understand the future of estate planning and learn how to stay ahead of the competition. Register (here).

Bonus: For my podcast host friends.

Top Tips to Optimize Your Finance Podcast for Business Growth with Virginia Elder and Hillary P. Gale Meehan on The Finance Marketing Podcast. Virginia offers invaluable tips on how financial advisors can create effective podcasts, including the importance of clear calls to action and crafting an "ideal listener" statement that helps you connect with the right audience from the start. She also emphasizes keeping podcast production simple and sustainable, ensuring that it's an easy extension of your marketing efforts rather than an overwhelming task. Listen on (Apple Podcasts).

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?? Do you have a recommendation? DM or leave in the comments.

Until next week, let’s change the way we think about money.

Tony

P.S. Join The Get Ready Money Club to receive weekly action items, podcast notifications and recommendations via email. Link in bio.