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Joe Murphy and the team bring everything you need to know about retirement and income planning in a fast paced format. Each week, the hosts and guests on the show reveal the latest developments in the financial world to keep you informed of changes that may affect you personally, while sharing some common sense strategies that will help you make the most out of your retirement savings. We are focused on helping investors preserve and grow their assets, increase their income, and reduce taxes ...
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In this conversation, Joe Murphy discusses the potential impact of the Tax Cuts and Jobs Act (TCJA) sunsetting in 2026 and how it can affect tax rates. He explains the concept of Roth conversions as a strategy to take advantage of current tax rates before they potentially increase in the future. Joe also discusses the factors to consider when decid…
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In this episode, Joe Murphy discusses the impact of inflation on retirement planning. He explains how inflation works and the decrease in purchasing power it causes over time. He emphasizes the importance of planning for inflation and diversifying investments to mitigate risk. Joe also highlights the need for an emergency fund and the role of a fin…
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In this conversation, Joe and Steve discuss various financial topics, including the national debt, retirement planning, and investing options. They emphasize the importance of addressing the national debt and holding the government accountable for its spending. They also provide insights on retirement planning, suggesting that retirement is more ab…
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The conversation highlights the importance of reliable information in the financial industry, especially in the age of social media. It warns against scams and misinformation that can be spread through platforms like TikTok. The need for financial education is emphasized, particularly in schools, to empower individuals to make informed decisions. T…
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The financial wellness of the economy is a common concern among Americans. The Federal Reserve is playing a waiting game on rate cuts, considering factors such as inflation and market volatility. The concept of a soft landing, avoiding a recessionary GDP backtracking, is discussed. The Fed's guessing game and the concept of super core inflation are…
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In this episode, Joe Murphy discusses the taxation of various sources of income in retirement. He debunks the misconception that there are no taxes in retirement and highlights the importance of tax planning. Joe explains how Social Security benefits, pensions, interest-bearing accounts, dividends, and retirement accounts are taxed. He also emphasi…
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Celebrities often face financial challenges that require the assistance of a financial advisor to help manage their wealth and long-term financial stability. In this episode, Joe Murphy and Steve Sedahl discuss cautionary tales from Hollywood, including the financial mistakes of celebrities like Steve McNair and Billy Joel. They also explore the Yo…
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Joe Murphy and Steve Sedahl engage in casual conversation and emphasize the value of open communication. They discuss the recent Labor Department jobs report and question the accuracy of government data. The conversation shifts to the uncertainty in the global economy and the need for careful decision-making. They address the challenge of getting s…
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In this episode of Wealth Health Radio, Joe and Steve discuss the parallels between football and retirement planning. They cover offensive strategies such as understanding goals, budgeting, learning about different investment vehicles, diversifying among asset classes, and building wealth. They also discuss defensive strategies including preventing…
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On today's show, Joe Murphy discusses important considerations for building a modern, holistic, and personalized retirement plan. The conversation covers topics such as determining enough for retirement, inventorying accounts and taxation, moving 401k to personalized IRA, understanding Social Security, utilizing health savings accounts (HSAs), choo…
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On this episode of Wealth Health Radio, Joe Murphy discusses various topics related to retirement planning and unexpected life events. The conversation covers boomerang kids and the sandwich generation, downsizing and managing expenses, taxes in retirement, Hertz selling its EV fleet, saving for retirement and overlooking important factors, wealth …
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A new year with new resolutions. The question is, how long will they last. Joe Murphy has some ways you can execute and succeed at improving your finances and reaching your financial planning goals in 2024. Do you know your Social Security risk score? Joe can help you find out. That and much more on Wealth Health Radio with Joe Murphy. Call or text…
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To kick off 2024 Joe Murphy breaks down some strategies on helping you get to retirement. Topics include: longevity risk, healthcare costs, overestimating investment income and being too conservative with your investments. That and much more on Wealth Health Radio with Joe Murphy. Call or text 800-930-5905. Visit MWMFinancial.Tax to learn more. See…
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You know about what it costs to run your household on a monthly basis and you know you should be padding that emergency fund. But are you? It’s the little things that can cause the biggest problems in retirement. Joe Murphy outlines how to avoid costly mistakes and get your financial health in order for 2024. That and more on this episode of Wealth…
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As we enter 2024, it's crucial to assess your budget, debt, and investments in alignment with your financial objectives. To help kickstart the process Joe Murphy has put together steps to help you get started. That and more on this episode of Wealth Health Radio with Joe Murphy. Call or text 800-930-5905. Visit MWMFinancial.Tax to learn more. See o…
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Turning 50 puts you firmly in the financial red zone. There are also benefits to turning another year older. Joe Murphy digs into the most common perks that kick in once you turn 50, 59 1/2 and 65. There’s plenty of talk about the future of Social Security and Joe has an opportunity for you to see if you could be subject to a reduction in your bene…
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If you’re in the ‘financial red zone’—that’s five to ten years away from retirement, it’s more important than ever to make sure your plan is in place. Joe Murphy has some tips to help shore up that game plan to help you score big in retirement. Joe gives you an opportunity to get your own Social Security risk score. That and more on this episode of…
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A new report graded the retirement systems of countries across the world and America earned a C+...Joe Murphy shows how you can build an A+ retirement plan. Worried about Social Security being there for you? Joe gives you an opportunity to get your own Social Security risk score. He talks about the Robert Shiller book Narrative Economics and how em…
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There are many reasons why folks forgo working with a financial professional. Joe Murphy breaks down 10 of the most common reasons folks resist professional help while building their financial plans and explain exactly how a financial advisor would be able to help. That and more on this episode of Wealth Health Radio with Joe Murphy. Call or text 8…
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According to a recent Northwestern Mutual study, close to half of respondents said the lack of retirement savings are responsible for their financial instability. Joe Murphy dives into the particulars and offers tips to help you navigate the road to retirement with security and stability. That and more on this episode of Wealth Health Radio with Jo…
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How secure is Social Security and how long can it last? Questions that Joe Murphy tackles head on this week. What is your Social Security Risk Number? Joe explains what this might mean down the line and gives you a chance to find out where you stand. That and more on this episode of Wealth Health Radio with Joe Murphy. Call or text 800-930-5905. Vi…
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So many folks are worried about factors like inflation and market volatility putting their retirement nest egg in jeopardy. Today, Joe Murphy is going to help ease your concerns and have a little fun by playing Financial Jeopardy, bringing you facts and tips along the way. You don’t want to miss this one. That and more on this episode of Wealth Hea…
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According to a recent Gallup poll 25% of those polled said they would retire by 65. However 39% say they’ll retire after the so-called ‘magic number'. Joe Murphy outlines some reasons why folks are delaying their retirement. He also offers some tips to help you get to your ‘magic number’. That and more on this episode of Wealth Health Radio with Jo…
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This week Joe Murphy is joined by Attorney Brian Less. Join them for a frank conversation about estate planning. Does everyone need a will? What about a trust? Joe and Brian take a deep dive into the ins and outs of estate planning and offer some tips to help you create the right plan for you. That and more on this episode of Wealth Health Radio wi…
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This week Joe Murphy calls on Warren Buffet for a little investing advice. He’ll go over his two simple rules for investing. Joe also outlines three case studies to help show how a plan can come together in nearly every situation. Joe returns to the hot seat with a fresh batch of questions from listeners in a brand new edition of 'Ask The Advisor.'…
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Joe Murphy kicks off the show discussing the stunning decline in retirement confidence and how to regain control and restore the confidence in your retirement. Joe discusses financial procrastination and shares tips to help guide you on the road to retirement. Murphy shares the secret to finding financial freedom and shares a few jaw-dropping retir…
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There are plenty of questions about retirement planning. Like how much income do I need, or will it really cost 300-thousand dollars in healthcare when I retire. Joe Murphy answers some of the most common questions pre-retirees ask advisors on today’s episode of Wealth Health Radio. Joe returns to the hot seat with a fresh batch of questions from l…
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Joe Murphy is back on Wealth Health Radio and he’s got football on his mind. The correlation between football and retirement planning is clear. He digs into some offensive moves including creating a budget to build wealth. On the defensive side, preventing gaps in your plan among other tips. Joe returns to the hot seat with a fresh batch of questio…
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Saving for retirement takes discipline and sacrifice. This week Joe Murphy explores a number of quotes that could inspire you to keep the discipline and embrace the sacrifice. The quotes are coming from unexpected sources. He also explain what ‘Peak 65’ means and how it could impact you in 2024. Joe returns to the hot seat with a fresh batch of que…
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On a new wealth health radio with Joe Murphy explores the past week of financial news and offers tips to help you escape an inflationary scourge from eroding your retirement dollars. Joe dives into some data to explore a tale of two generations and how Baby Boomers and Generation X-ers are preparing for retirement. Joe returns to the hot seat with …
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Today Joe Murphy highlights the most common questions folks have about retirement. Then bring on the bells and whistles as we play “Who Wants to be A Retirement Millionaire”. Joe is in the hot seat and answers questions in hopes of walking away with a million bucks…at least in theory. Did he use his lifelines? You don’t want to miss this. That and …
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Sometimes it’s the little things that can make the biggest difference. This week Joe Murphy highlights some simple things you can do to help you save more that can help you have the kind of retirement you deserve. Joe talks about the Tax Cuts and Jobs Act and what happens when the current tax rules sunset. That and more on this episode of Wealth He…
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High interest rates, volatile markets and recession talks could be standing between you and the retirement you planned for. Some easy adjustments could make all the difference. That and more on this episode of Wealth Health Radio with Joe Murphy. Call or text 800-930-5905. Visit MWMFinancial.Tax to learn more. See omnystudio.com/listener for privac…
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A special edition of Wealth Health Radio with Joe Murphy. Joe talks with Dennis Loxton about reverse mortgages. Loxton has more than 20 years in the financial services industry and has been working with reverse mortgages since 2005. Is a reverse mortgage right for you? Joe and Dennis break it all down and go through the pros and cons. That and much…
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Understanding your risk tolerance is important, particularly as you get closer to retirement. Some folks may in fact have a high tolerance for risk, but their capacity for risk is lower. Some people get so caught up in accumulating money that they forget to protect what they have as they approach retirement. Joe Murphy takes a deep dive. That and m…
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Did you know there were over ninety new retirement planning provisions introduced upon the passing of the SECURE Act 2.0? Joe Murphy takes a deep dive into the legislation and exactly how these adjustments will impact retirees and preretirees. That and much more on Wealth Health Radio. Call or text 800-930-5905. Visit MWMFinancial.Tax to learn more…
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There are a variety of reasons folks hesitate to speak with a professional financial advisor about their financial situation. Today, Joe Murphy dives into some of the common concerns, misconceptions and myths preventing folks from creating that lifetime income plan with a retirement coach. That and much more on Wealth Health Radio. Call or text 800…
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Maybe you’re someone who plans everything to the smallest detail or maybe you just kind of let things happen. Either way retirement is approaching. Let’s outline some things you should do before you retire. Spoiler alert, you gotta have a plan. Joe Murphy has some suggestions that could help you get the kind of retirement you’ve always wanted. That…
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Among the topics that spark disagreements among couples, money tops the list. A recent survey found that nearly 7 in 10 Americans married or living with a partner have had a disagreement with their partner about finances within the last year alone. So, in an effort to help ease the tension surrounding conversations about money with your partner, Jo…
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Joe Murphy and Insurance Planning Specialist, Kim Wiseman discuss 529 College Savings Plans and IUL, (Indexed Universal Life Insurance). Is one better than the other for college savings? Joe and Kim break it down and offer suggestions that could help you decide if one or the other is right for you. Joe opens the show with an overview of today’s mar…
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Joe Murphy opens the show with an analysis of today’s market conditions and offers insight to what could happen going forward. Then he digs into some ways that retirees could be wasting money and offers some tips to help avoid the problem. That and much more on Wealth Health Radio. Call or text 800-930-5905. Visit MWMFinancial.Tax to learn more. Se…
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The show starts with a broad overview of what’s going on in the market, interest rates and inflation. It then shifts into a game show called two retirement truths and a lie. Joe says retirement is all about creating lasting, sustainable income in retirement. He’s got some suggestions on how to help you achieve that and more. That and much more on W…
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First, we take to the streets and ask regular folks how they are preparing for retirement. Some interesting responses. Then we introduce Paul Payne, Owner/President, Payne Financial Solutions. Joe and Paul dig into life insurance, what it is, what it isn’t and how it could be part of your retirement plan. That and much more on Wealth Health Radio. …
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If there is one thing that Hollywood knows, it’s money. On today’s show, we are covering some iconic cinematic examples of what to do, and more importantly, what NOT to do when it comes to your finances. That and much more on Wealth Health Radio. Call or text 800-930-5905. Visit MWMFinancial.Tax See omnystudio.com/listener for privacy information.…
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This week Joe Murphy brings you some of the most searched financial planning questions and answers every one of them...in two minutes or less. Murphy breaks down the importance of the decumulation phase and how to get you to and through retirement. That and much more on Wealth Health Radio. Get in touch with Joe Murphy by call or text at 800-930-59…
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This week Joe Murphy takes a deep dive into just what ESG is and how it could affect your retirement plan. That and much more on Wealth Health Radio. Call or text 800-930-5905. Visit MWMFinancial.Tax See omnystudio.com/listener for privacy information.Von Joe Murphy
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The recent bank failure, along with wild swings in the market and rising interest rates have many pre-retirees and retirees running for the hills. Come on back down. Today we’ll cut through the noise and calm the fears. That and much more on Wealth Health Radio. Call or text 800-930-5905. Visit MWMFinancial.Tax Here's the link to Frontline special …
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Joe breaks down the Silicon Valley Bank failure and how it could affect us in the long term. Then he shifts gears and talks about what it takes to get all the way through retirement with enough money. That and much more on Wealth Health Radio. Call or text 800-930-5905. Visit MWMFinancial.Tax See omnystudio.com/listener for privacy information.…
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In planning for retirement there are many strategies that can help shape your income. If maintaining your current lifestyle is a goal of yours, stick around. On today’s show we’ll outline several ways to find the best retirement income that help you achieve your goals. That and much more on Wealth Health Radio. Call or text 800-930-5905. Visit MWMF…
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As we drive down the road to retirement, maximizing our savings and continuing to grow the nest egg is always on the mind. This week, eight places you can stash your savings with some offering guaranteed growth. That and much more on Wealth Health Radio. Call or text 800-930-5905. Visit MWMFinancial.Tax See omnystudio.com/listener for privacy infor…
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