Your Life Your Wealth

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Mid-Life Investing: Opportunities for Your Future Financial Security # 403

July 21, 2023

As you approach middle age, your 40’s or 50’s, it’s likely to be one of the busiest times of your life. You may be at the pinnacle of your career, getting kids off to college, caring for an aging parent, or you are involved in a variety of other concerns and activities that keep you moving at warp speed. Today, John Walker, Regional Vice President, Mercer Advisors, discusses the importance of being attentive to your retirement and financial planning needs at a time of life where everything else seems to take precedence.  Mid-life investing may offer future financial security opportunities you should not miss.

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The Family Office: Your Comprehensive Financial Solution # 402

July 14, 2023

If you interact separately with professionals such as your financial planner, CPA, and attorney, and each is working independently on your behalf, you may not be getting the full benefits of their integrated expertise. Now, imagine the impact of these professionals working together on your overall financial health, and that of your family. Today, John Walker, Regional Vice President, Mercer Advisors, discusses financial, and other benefits, available through a family office service which had previously been available only to ultra high-net-worth families.

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Setting-up a Trust For Your Retirement Account Beneficiaries # 401

July 7, 2023

Estate planning is a critical part of your overall retirement plan. Your retirement accounts, such as IRAs and 401ks typically pass directly to a beneficiary you’ve selected, and not through a trust you may have created for your other assets. With these accounts, a separate retirement plan trust may be required to get the asset protection and guidance you are seeking. Logan, Baker, J.D., LL.M., MBA, Lead Senior Wealth Strategist on the Estate Planning Team at Mercer Advisors joins host John Walker, Regional Vice President, Mercer Advisors, to discuss the importance of implementing a retirement plan trust specifically for the protection of your retirement account beneficiaries.

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How Anchoring Bias Can Impact Your Financial Affairs # 400

June 30, 2023

Anchoring bias can place a disproportionate amount of merit on something you hear or read. It can shape how you make future judgements, and it can have a negative effect on everything from the purchases you make to the success of your financial planning. Today, John Walker, Regional Vice President, Mercer Advisors, further explains anchoring bias in greater detail and how to avoid it.

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Spending Patterns in Your Retirement # 399

June 23, 2023

Would you like to maintain your pre-retirement spending levels and standard of living after you’ve retired? Some, however, intend to spend more heavily in their early retirement years, believing they will spend less as they age. These spending considerations are an important part of your retirement planning, and there is often a disparity between spending intentions and spending reality. Today, John Walker, Regional Vice President, Mercer Advisors, discusses retirement spending patterns and how they relate to good planning.  He also discusses a recent Boston College Center for Retirement Research study that looks at how retirees intend to spend vs. how they actually spend what they’ve saved.

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Using Tax-Efficient Strategies when Gifting to Your Loved Ones # 398

June 16, 2023

The biggest transition of wealth in history may be upon us.  Over the next couple of decades, most aging Baby Boomers and Gen Xers are expected to pass along about $73 trillion of their wealth to their heirs. This transfer of wealth can be made after you die or while you’re alive to see and experience your loved ones enjoying what you’ve shared. Today, John Walker, Senior Vice President, Mercer Advisors, and Tim Joseph CERTIFIED FINANCIAL PLANNER™ professional and CPA at Mercer Advisors, discuss several options you may have to make those gifts safely, and in a tax-efficient manner.

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You can Capitalize on Warren Buffett’s Success and Wisdom # 397

June 9, 2023

It’s difficult to overlook the long-standing investment success of the so-called Oracle of Omaha. Today, John Walker, Regional Vice President, Mercer Advisors, discusses some of the investment principles followed by Warren Buffett.

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Retirement Manifesto: Helping You Enjoy a Happy, Active and Productive Retirement # 396

June 2, 2023

In addition to financial planning for your retirement, it’s wise to also consider what living your everyday life will be like after the structure of working each day gives way to nearly total freedom. Today, John Walker, Regional Vice President, Mercer Advisors, welcomes Fritz Gilbert, author of “Keys to A Successful Retirement: Staying Happy, Active and Productive in Your Retired Years” and writer/publisher of The Retirement Manifesto Blog. Fritz shares practical and useful advice from first-hand experience.

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Ways to Avoid Longevity Risk # 395

May 26, 2023

People who are saving for retirement sometimes fail to consider how living longer will affect how much they’ll need once they stop working. Today, John Walker, Regional Vice President, Mercer Advisors, discusses retirement planning strategies to avoid longevity risk.

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Spending In Retirement: When is it OK to Enjoy the Fruits of Your Labor? # 394

May 19, 2023

Retirees sometimes second-guess, or even get a bit uneasy, about spending their hard-earned savings when the regular weekly paycheck from their employer has stopped. Today, John Walker, Regional Vice President, Mercer Advisors, discusses strategies to help you more comfortably spend and enjoy the retirement dollars you’ve accumulated. There is likely no need to deprive yourself of things that make you happy and you may easily afford.

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