Category Archives: Insurance

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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 


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S2: Episode 7 – Seven Steps to Retirement Security, Part One – with Guest Tom Hegna



Following the steps that we outline in this podcast can actually lead you to retiring happier.

How?

In part one of this two-part series, Stephen Stricklin sits down with Tom Hegna, international economist, and author, as they begin to dissect the first four steps of Tom’s seven-step process! Tom shares how he uses this process for himself and advises you about why it is beneficial in leading to better retirement security.

In this episode, you will learn:

  • The key to happiness & longevity in retirement
  • How to get the most for the least in retirement  
  • What is a hybrid retirement?
  • Why you should maximize your Social Security
  • Protecting yourself against inflation
  • And more!

Tune in now for part one of this two-part series where we help you discover Tom Hegna’s seven-step process to retirement security! 

Resources: Wise Wealth | Simplify Your Retirement | Stephen Stricklin | Tom Hegna | TomHegna.com


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S2: Episode 6 – Surviving the Distribution Phase – with Guest Waldean Wall



Some of the most important decisions you will make about retirement actually come when you are retired. 

In this episode, Stephen Stricklin is joined with Waldean Wall, VP of Advanced Markets and Solutions at Allianz Life Insurance, as they dive into conversations about what planning looks like in the distribution phase. They aim to provide you with information that could help you make better informed decisions when it comes time to retire. 

In this episode, you will learn:

  • The difference between a withdrawal and a rollover 
  • The advantages and disadvantages to leaving money in a 401(k)  
  • What inservice distributions are  
  • Taxation on Social Security
  • And more!

Tune in now to gain an understanding of one of the trickiest parts of retirement. 

Resources: Wise Wealth | Simplify Your Retirement | Stephen Stricklin | Waldean Wall | Allianz Life Insurance


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S2: Episode 5 – Inflation Rates Impacting Retirement



Many times, people can forget to plan for inflation rates when it comes to retirement planning. 

In this episode, Stephen Stricklin dives into the topic of inflation rates and how they might sneak up on you when you retire. Stephen offers some insights of things you should be thinking about and how you can work towards your retirement goals with inflation in mind.

In this episode, you will learn:

  • How inflation works and what it looks like 
  • Why is senior CPI is higher  
  • Ways to mitigate the effects of inflation  
  • What you can do now and in retirement to keep up with inflation rates 
  • And more!

Tune in to understand what inflation could like when you retire and what you can be doing to stay on track with your goals. 

Resources: Wise Wealth | Simplify Your Retirement | Stephen Stricklin 


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S2: Episode 4 – A Look at Medicare – With Guest Paul Brock



We often hear the same questions from clients when it comes to Medicare and Medicare planning. We are here to help you answer some of these questions. 

In this episode, Stephen Stricklin is joined by Wise Wealth’s Paul Brock as they answer some of the most common things they hear from clients regarding Medicare, and aim to provide you with the information you need to reach your retirement goals. 

In this episode, you will learn:

  • Two options you have when it comes to Medicare
  • When you are able to change your Medicare plan and how it works
  • The age at when you can get Medicare
  • Why should you review Medicare & supplement choices annually
  • What to look for in an advisor helping with Medicare
  • And more!

Tune into this episode to learn the basics of medicare and begin planning for your retirement. 

Resources: Wise Wealth | Simplify Your Retirement | Stephen Stricklin | Paul Brock