Your MRL with Drew Pelton

In this episode of 'Your Money, Your Retirement, Your Life,' Drew Pelton discusses the significance of estate planning with guests Myrna Arroyo and Devin Jones from Progeny Law Firm. They address key documents needed for effective estate planning, including wills, trusts, powers of attorney, and living wills, and emphasize the importance of having these in place for smooth transitions during incapacity or after death.

In this episode of 'Your Money, Your Retirement, Your Life,' Drew Pelton discusses the importance of understanding financial lingo and the concept of investing for income. He explains the formula TR = I + G, where total return equals income plus growth, and emphasizes investing in high-yield securities to ensure financial stability and growth in retirement. Pelton also highlights the significance of recognizing and minimizing fees to maximize net returns.

In this episode of 'Your Money, Your Retirement, Your Life,' host Drew Pelton discusses investing strategies for a successful retirement, emphasizing the importance of income, growth, and personal goals. He introduces forthcoming changes, including a new office and rebranding, while highlighting key considerations for choosing financial advisors, the importance of proper financial planning over transactional approaches, and addressing top concerns like running out of money, inflation, and long-term care costs. Pelton also offers free books and personalized investment reviews for listeners.

In this episode of 'Your Money, Your Retirement, Your Life,' hosted by Drew Pelton, the importance of a strategic approach to retirement planning is emphasized. Drew highlights the need for a focus on income first, growth second, and individual goals to ensure a confident retirement. He discusses misconceptions about relying on big-name firms, the impact of politics, and the necessity of a well-rounded financial planning process. Drew also offers a free book on income strategies to help listeners achieve a stable, growth-oriented, and income-generating retirement portfolio.

This episode of 'Your Money, Your Retirement, Your Life' emphasizes the importance of a paradigm and strategy shift when retiring. Drew discusses the significance of investing for income rather than growth, the weaknesses of mutual funds in the retirement phase, and the potential pitfalls of low-yield investments and annuities. The episode also provides insights on the triple advantage of focusing on high-yield investments for successful, stable retirement income.

In this episode of 'Your Money, Your Retirement, Your Life,' Drew Pelton addresses the critical topic of selecting the right financial advisor. He emphasizes the importance of working with a fiduciary who prioritizes your goals and offers insights on identifying signs you may be using the wrong advisor. Pelton also discusses the pitfalls of common advisory practices and promotes his commission report '11 Signs You Are Using the Wrong Financial Advisor,' providing listeners with details on how to access it.

This episode of 'Your Money, Your Retirement, Your Life' host Drew Pelton shares updates about his investment services firm and offers insights into smart retirement planning. He emphasizes the importance of a fiduciary approach, balancing growth and income, and knowing where the wealthy invest their money. The episode also highlights the significance of embracing a champion mindset, and planned upcoming events related to investment and financial planning.