The Right Advisor
Channel: Payne Capital
Date: 2020-01-28

The path to financial freedom can be challenging. Along the way, what catastrophes and disasters should you expect and avoid to protect your retirement? Do you have the right financial advisor?

In this episode of the No Payne, No Gain Podcast, my father Bob Payne and I are going to discuss retirement catastrophes. We’ll be talking about some of the biggest financial disasters you need to watch out for and the important characteristics you ought to consider when choosing an advisor.

As usual, we also have this week’s financial propaganda, as well as our Spotlight segment with our trusted financial advisor, Emily de Valente. 

We’ve got a great show ahead, so don’t miss out. Tune in to the No Payne, No Gain Podcast, and be well-equipped and well-informed about your financial decisions!

*Retirement Catastrophes*
Retirement catastrophes⁠⁠—we’ve seen it before, and you probably know of a story, whether from a family, friend, or acquaintance. These problems occur because of poor assumptions, overall bad planning, and even worse, no planning at all. What possible problems should you look out for, and how can you possibly avoid them?

*Finding the Right Advisor*
Your road to financial freedom can be gruelling without the right tools and help. When you evaluate working with a financial advisor for the first time, you need a guide to help you determine if you’re choosing the right person. That said, we’re here to share important characteristics you would want in an advisor.

*Financial Propaganda*
This segment is where Bob and I scour the financial news to call out the biggest offenders of offering obscene and profane financial guidance. The media may portray issues in a skewed manner. That’s why we want to help you protect yourself from making any ill-advised decisions.

*The Mailbag*
Planning and building your portfolio may prove to be challenging. You may have a lot of questions in your mind, that’s why we accept your questions here at the No Payne, No Gain podcast. Like every week, we have Dan Irving to help us with your inquiries.

Question # 1: I've spent 40 years saving and investing. Now that I'm about to retire, I can't even comprehend the notion of turning things in the other direction, taking money out of savings instead of putting money in. I know this is something that people do all the time. So why does it terrify me so much?

Question # 2: I’ve loved the growth of my 401(k) for the last several years, but I don’t know how long this ride can last. Quite frankly, I can’t believe it’s lasted this long. When should I walk away from this roulette wheel?

*Spotlight Segment*
For this week’s Spotlight Segment, we’re back with our star financial advisor at Payne Capital Management, Emily Mulvany De Valente. She’s here with us to dissect a real financial plan and uncover its flaws, or what we call Payne Points. Don’t skip out on this segment so you can avoid the same mistakes with your planning and investing.

“When you're sitting down with a new advisor that you may work with, and they start talking about products and investments first, they got the wrong idea. If it doesn't start with planning, you don't have the right person.” —Ryan Payne

To download the 5 Ways to Maximize Your Retirement Accounts and Save on Taxes in 2020 and the Highlights from the New SECURE Act, text BULLISH to 555888.

If you have saved over $500,000 for retirement and need a plan based on your retirement goals, Bob and Ryan will create a 360 Financial Portal just for you! Text or call 844-752-6692 to check out the 360 Financial Portal with no strings attached! 

Let's Connect:
paynecm.com/

facebook.com/PayneCapitalManagement/

twitter.com/paynecmwealth