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S3: Episode 5 – What It Means to Give Through A Donor Advised Fund



If you’re going to give, there’s a tax-efficient way to go about it, and you may as well take advantage of the smartest way to do so. 

Enter: donor advised funds.

In this episode, Stephen Stricklin is joined by clients Larry and John, who each run a donor advised fund. They discuss how these funds work, and the primary advantages to giving through a donor advised fund. Larry and John share a few details about their own donor advised funds, why they were started and why they like to give.

Stephen, Larry, and John discuss:

  • What a donor advised fund is
  • Three primary advantages to using a donor advised fund
  • Their thoughts about what it means to be free to give
  • And more

Connect With Stephen Stricklin:


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S3: Episode 4 – An Introduction to Qualified Charitable Distributions & Required Minimum Distributions



This season we want to bring on our clients and share some of their stories of giving.

In this episode, Stephen Stricklin is joined by his client Bob. Bob and his wife Charlene are one of Wise Wealth’s clients involved in charitable giving. Stephen provides an overview of how qualified charitable distributions (QCDs) and required minimum distributions (RMDs) work in relation to charitable giving. Bob shares some of his personal stories about giving and how QCDs & RMDs tie into the overall conversation.

Stephen & Bob discuss:

  • Individual retirement accounts (IRAs), qualified charitable distributions (QCDs), and required minimum distributions (RMDs) and how they work
  • Bob shares his experiences dealing with IRAs, QCDs, RMDs and charitable giving
  • Why Bob and his wife Charlene take advantage of qualified charitable distributions
  • And more

Resources: 

Connect With Stephen Stricklin:


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S3: Episode 3 – What It Means To Give With Evan Lange



Charitable donations have tax benefits, but that’s not the primary reason you should be generous. 

In this episode, Stephen Stricklin is joined by Evan Lange, president of the Midwest Region for The Signatry. Evan shares what makes giving so great, looks at tax deductions individuals receive when they make a donation and explains what a donor advised fund is.

Evan discusses:

  • The primary motivation for why people give
  • Giving appreciated property to charitable organizations
  • Why you should be itemizing your deductions
  • Using donor advised funds 
  • Best funds to use for Charitable Donations after age 72
  • How to experience the joy, peace and purpose of giving
  • And more

Connect With Evan Lange:

Connect With Stephen Stricklin:

About Our Guest:

Evan Lange serves as the President of the Midwest Region for The Signatry. He works closely with financial advisors, attorneys, and business owners to develop strategies to minimize tax liability and maximize charitable giving. Evan is a licensed attorney and practiced law at top firms in Kansas City prior to joining The Signatry.


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S3: Episode 2 – Understanding The Wise Wealth Mission



What does it mean to be free to give, serve, and to enjoy life in retirement?

In this episode, Stephen Stricklin explores the Wise Wealth mission statement and explains each component. He shares how Wise Wealth guides people to a happy retirement and what it means to be financially significant.

Stephen discusses:

  • Understanding what it means to be free to give and free to serve
  • How the sequence of return risk can impact a happy retirement
  • What is the driving force behind planning for financial success
  • The Wise Wealth mission statement
  • And more

Resources: 

Season 1, Episode 5
Season 2, Episode 7
Season 2, Episode 8

Connect With Stephen Stricklin:

stephen@wisewealth.com
816-246-9473
WiseWealth.com
Simplify Your Retirement
Stephen Stricklin on LinkedIn


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S3: Episode 1 – Recapping Season 1 and 2



Welcome to a brand-new season of Simplify Your Retirement!

In this episode, Stephen Stricklin recaps seasons 1 & 2 of Simplify Your Retirement to get you up-to-date and ready for season 3!  Additionally, Paul Brock, COO for Wise Wealth is reintroduced as our new co-host. Don’t miss this first episode of our new season!

Stephen discusses:

  • A review of the different phases of your investment life; accumulation, preservation & distribution
  • Why a paradigm shift is needed between each phase and which phases have the most risk
  • Understanding all the challenges and risks specific to the stage of your investment life
  • Risks associated to each phase; inflation, average vs real rate of return; sequence of return, healthcare, taxes, long term-care
  • Requirements of a sound retirement plan
  • Discussion of various industry experts included in season 2 that complete the planning process
  • What to look forward to with season 3
  • And more

Resources: 

Connect With Stephen Stricklin:


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S2: Episode 12 – The Importance of Proper Document Implementation, Part Two – with Guest Aaron Love



So, you’ve implemented your documents, but now what? What do you need to do with your documents to be sure that when it comes time for someone to step in, they know how to access them?

In this episode, Stephen Stricklin and Aaron Love dive into part two of the importance of planning tools! Aaron gives some insight into who you should involve with your planning and which documents will ensure that what you have planned for your future will actually happen. Aaron shares some personal stories that emphasize the importance of storing your documents correctly. 

You will learn:

  • Ways in which you can store your documents and include the right people  
  • How you can leave behind virtual assets, financial assets and messages to your family 
  • What you can do now to avoid probate in the future  
  • The importance of planning so your assets go where you want them to go  
  • And more!

Tune in now as Stephen and Aaron continue their discussion of the importance of document implementation! 

Resources: Wise Wealth | Simplify Your Retirement | Stephen Stricklin | Aaron Love | Love Law Group


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S2: Episode 11 – The Importance of Proper Document Implementation: Part One — with Guest Aaron Love



When it comes to your financial documents, proper implementation can lead you to greater peace of mind. If you follow the right steps, this peace of mind is real, and not just imagined. 

In part one of this two part series, Stephen Stricklin sits down with Aaron Love, founder of Love Law Group, as they dive into the importance of following the right steps to implementing your documents. Stephen and Aaron speak on how to make sure your intentions are known and carried out as you desire.

In this episode, you will learn:

  • What causes Trust planning to fail
  • How to make sure all planning documents get implemented
  • Why you need a will even if it does not avoid probate
  • Living wills, advance healthcare directives and how to make your wishes known
  • The difference between healthcare & financial powers of attorney 
  • Documents that every single person needs to have
  • And more!

Tune in now to begin your journey of understanding what really goes into the proper implementation of your planning tools with Stephen and Aaron! 

Resources: Wise Wealth | Simplify Your Retirement | Stephen Stricklin | Aaron Love | Love Law Group


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S2: Episode 10 – Investment Advice from a Chartered Financial Analyst – with Guest Ben Malick



What goes into creating a good investment portfolio? How should you be comparing the investments you want to make? What are the risks? 

We can help you answer all of these questions! 

In this episode, Stephen Stricklin is joined with Ben Malik, vice president of Wise Wealth, as they talk about Ben’s experience with investing and the advice he has to offer. Ben walks us through the most important things you need to know about investing before you get into it. 

We discuss:

  • The significance of the CFA designation and how Ben uses his to manage investment portfolios
  • Building an optimal investment portfolio
  • The basics of the modern portfolio theory 
  • How to evaluate portfolios to a comparable benchmark
  • Ben’s thoughts on the biggest impacts on an investor’s returns (asset allocation, time, investor behavior)
  • Learn about biblically responsible/values driven investing
  • And more!

Tune in now to meet Ben Malick and gain a better understanding of what really lies in the risk of investing. 

Resources: Wise Wealth | Simplify Your Retirement | Stephen Stricklin | Ben Malick


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S2: Episode 9 – The Risks in the Three Phases of Investing — with Guest Samantha Compton



There are always things that could derail your financial plans, however, there are things you can be doing to avoid that from happening. 

In this episode, Stephen Stricklin is joined by Samantha Compton, financial advisor at Wise Wealth, as they discuss the risks involved throughout the three phases of investing. Stephen and Samantha provide you with solutions that you should be putting into place now so you are not surprised by anything in the future. 

We discuss:

  • Learn what Samantha’s role is at Wise Wealth and her areas of expertise
  • Identifying the three phases of investing, and understanding what phase you are in
  • Life and health risks specific to each phase that can undermine financial success
  • Protect from these risks to you can achieve financial significance, where you can be free to give, serve and enjoy like never before
  • What are the benefits of permanent life insurance
  • And more!

Tune in now to equip yourself with information that could help prevent you from getting off track with your goals. 

Resources: Wise Wealth | Simplify Your Retirement | Stephen Stricklin | Samantha Compton | Wise Women


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S2: Episode 8 – Seven Steps to Retirement Security, Part Two – with Guest Tom Hegna



Following the steps that we outline in this podcast will help you retire happier.

How?

In this episode, Stephen Stricklin sits down with Tom Hegna, an international economist, as they continue their conversation about Tom’s seven-step process to retire not just comfortable, but happy. Tom shares the last 3 steps of this process and provides insight into his own personal use of them! 

In this episode, we discuss:

  • What notable PhDs say about guaranteed income & happiness
  • Why you need to focus on planning for long-term care 
  • How to use your home equity wisely
  • The investment vehicle that can provide tax benefits, long-term care benefits, death benefits, and tax-free lifetime income 
  • And more!

Tune in now to part two of the seven steps to a happier retirement with Tom Hegna! 

Resources: Wise Wealth | Simplify Your Retirement | Stephen Stricklin | Tom Hegna | Tom Hegna’s Website | Seven Steps to Retirement Security Part One