Unlocking Your Financial Future

We continue our conversation with our chief investment officer, Keith Lockwood today. We’ll break down some market predictions for the rest of 2022 and 2023. Should we expect a rebound or a recession?   What we discuss on this episode:  0:44 – Do we expect the markets to take off or more volatility? 6:01 – Good momentum can help the market 11:22 – Why should we not jump out of the market? 13:53 – The buy and hold strategy works     Read More: https://www.baschrock-fg.com/podcast/

Chief Investment Officer, Keith Lockwood, joins us to break down the current market volatility we are experiencing and what you need to do (or not do) to protect your financial future.   What we discuss on this episode:  0:57 – What we’re going to cover 1:38 – What is causing the volatility? 3:27 – Why did the market drop in April? 6:31 – Is there an alternative? 8:33 – Should we be making moves? 10:26 – Staying disciplined and repositioning 13:49 – Media drives the panic in investors     Read More: https://www.baschrock-fg.com/podcast/

As we continue our conversation today with Erin Carbone, we will break down her journey as a business owner, the struggles and successes she’s faced and the future plans she has for Carbone Insurance Services.   What we discuss on this episode:  0:40 – Welcome back Erin! 3:19 – What made her buy a business? 4:20 – Would she ever go in a different direction? 5:36 – How was the transition? 7:35 – Did she have any help? 8:34 – Did she inspire her husband? 9:25 – Being a woman in a male-dominated field 12:14 – The biggest struggles she has faced 14:00 – Do you schedule a vacation? 15:11 – Running her own team 17:36 – Working with friends and family 18:18 – What’s the next step in business? 20:05 – Any new locations? 20:58 – Will she ever sell her business? 22:38 – Advice on running a business 24:08 – How to reach out to Erin     Read More: https://www.baschrock-fg.com/podcast/

Joining us on today’s show, Medicare expert, Erin Carbone, will discuss the various working parts of Medicare, when you can apply, what kind of add-ons you should expect, and more.   What we discuss on this episode:  0:35 – Welcome Erin! 1:59 – A little bit about Erin 3:24 – How she got into the business 4:38 – What hooked her? 5:25 – Life and health license 6:03 – What is Medicare? 9:17 – Avoid lifetime penalty 10:07 – Using just A and B 10:41 – Medicare add-ons 12:12 – Supplemental approach 12:39 – Cost difference 13:31 – Is Advantage free? 14:55 – Are they good plans? 16:06 – Where do we see customization? 17:30 – How does Erin’s business work? 18:49 – Be cautious with advertisements 19:39 – How long are you stuck in a plan? 20:11 – How you can contact Erin     Read More: https://www.baschrock-fg.com/podcast/

Today we are continuing our conversation with NFL offensive guard Brian Winters on entrepreneurship and preparing financially for the future. We’ll explore Brian’s plans for when he retires from the NFL and his goal of building a real estate business.     What we discuss on this episode:  0:29 – Life after football 1:57 – Getting into real estate 2:38 – Did someone influence him? 4:15 – Growing a business 5:44 – Being patient 6:58 – Passive income 8:17 – Taking risk 9:32 – Lifestyle or growth 10:51 – Has this always been a dream? 12:41 – Where does he want to start? 13:49 – 55+ community 14:51 – Diversifying in real estate 17:43 – Scaling his business 20:46 – Difficult parts 21:54 – Air BnB investments 23:33 – Market crash 25:00 – Rising interest rates 26:02 – Setting metrics 27:21 – Other business ventures 28:27 – Advice to others 29:34 – Success and failure     Read More: https://www.baschrock-fg.com/podcast/

NFL offensive guard, Brian Winters, joins us to discuss saving habits, investment management, and football! What kind of financial mindset does Brian have and how can it help you save for retirement?   What we discuss on this episode:  0:56 – Background on Brian 1:39 – Realizing he could be in the NFL 3:19 – Starting 110 games 5:00 – Become a financial saver 6:54 – Financial support   7:54 – Learning about taxes 9:07 - Complex tax filing 10:16 – Property taxes 11:17 – Paycheck structure 12:06 – Awareness in the NFL 14:01 – Benefit plans in the NFL 16:24 – Developing a money mindset 17:45 – Protecting the athlete 20:03 – Favorite college stadium 22:06 – Investing management 25:41 – Ease of investing now 26:58 – Favorite stock out there 27:17 – Trust the process     Read More: https://www.baschrock-fg.com/podcast/

How do you protect yourself and your finances against the various different forms of fraud out there? On today’s show, we’ll discuss different types of scams and what you should be doing to keep yourself safe.   What we discuss on this episode:  0:38 – Umbrella of Fraud 1:54 – Fraud with a client 3:14 – Protecting our clients 4:41 – Ben’s story about fraud 7:24 – Careful about emails 8:38 – Scams through the phone 10:02 – Seems too good to be true? 12:12 – Do they make promises? 13:14 – Using a preventive tool      Read More: https://www.baschrock-fg.com/podcast/

Do you have a strategy for required minimum distributions once you turn age 72? On today’s episode, we’ll discuss RMDs and how you should approach them in your retirement plan.   What we discuss on this episode:  1:05 – What is an RMD? 1:59 – Changes to RMDs 3:01 – Advantages to changes 4:03 – Alleviate tax burden   4:28 – Tax-saving strategies 5:53 – Balancing your accounts 6:39 – Asset allocations for RMDs 8:11 – Managing your distributions 9:20 – Planning accordingly 11:03 – Additional income tax   Read More: https://www.baschrock-fg.com/podcast/