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Choosing the right financial advisor for you and your needs is key to developing your most effective plan. But how do you know who the right advisor is for you? What makes the different types of advisors different?

In this episode, Stephen Stricklin dives into the importance of choosing the right financial advisor for you. He provides a full overview of the various types of advisors, the variety of licenses, their standards and how they get paid. 

The CERTIFIED FINANCIAL PLANNER™ designation is one of the most esteemed due to the stringent requirements including experience, education, ethics, on-going training and acting as a fiduciary.

In this episode, you will learn:

• Understanding the different types of licences for advisors, and how they can limit advice
• The difference between the types of advisors, Captive vs. Independent
• What it means when an advisor is a fiduciary vs. doing what is suitable
• How advisors get paid and what the cost is of “doing it myself”
• Most importantly, taking action
• And more!

Play this episode to learn how to identify the right advisor for you!

Resources: Wise Wealth | Simplify Your Retirement

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In typical retirement planning, your plan is designed to work for you until you either become incapacitated, or you pass away. But there are a few things that you can do to protect yourself and your legacy in the event that either of these things happen to you. 

In this episode, Stephen Stricklin addresses how to protect your retirement plan in the event of you becoming incapacitated during retirement or you pass away. He dives into the process of protecting your wealth and the importance of leaving a message for your loved ones to protect your legacy. 

In this episode, you will learn:

• Planning tools for incapacitation 
• Why you need a power of attorney on your individual accounts — no matter your age
• The difference between a contract and probate
• How you can distribute your money through a trust or an individual
• Why it’s more than money, it’s the message you leave behind
• And more!

Tune in now and learn more about how you can protect your retirement plan starting today! 

Resources: Wise Wealth | Simplify Your Retirement

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Once you have your specified amount set aside for emergencies and your income planned for retirement, what do you do with the rest of your money?

In part three of this mini-series, Stephen Stricklin reveals the third bucket, diving into the role the growth bucket plays within your financial plan and in relation to the other buckets. He reveals the importance of investing based on your goals and the benefits gained after retirement.

In this episode, you will learn:

• The role of the growth bucket
• How the growth bucket works with the other buckets
• The benefits of growing your growth bucket
• The importance of  investing based on your goals
• And more!

Discover how the third bucket ties everything together in this episode of Simplify Your Retirement!

Resources: Wise Wealth 

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Planning for retirement requires knowledge of what you will need, and when you’ll need it. Do you really know how much your retirement will cost?

In part two of this mini-series, Stephen Stricklin dives deep into the income bucket. He reveals the role it plays in retirement planning and how it works in relation to the other buckets. Discover the importance of planning when you will retire and how much retirement will cost.

In this episode, you will learn:

• The role of the income bucket
• The importance of having a retirement timeline
• The benefits of an annuity
• The limitation of the income buckets
• And more!

Play this episode to learn more about the income bucket!

Resources: Wise Wealth