Coasting in Retirement is dedicated to the financial planning and investment management needs of pre-retirees and retirees living an active lifestyle along our part of the Gulf Coast. Host Josh Null and co-host Michelle Melton dive into relevant financial topics, plus have a little fun with the "Michelle with the News of the Week" and "Josh's Crystal Ball & Big Mouth" segments. Josh's practice Gulf Coast Financial Advisors serves clients in the Panhandle of Florida, Lower Alabama, and the Gulf Coast of Mississippi and Louisiana. You can hear the original broadcast of Coasting in Retirement every Sunday from Noon to 1 PM CT on 106.5 FM in Mobile, Alabama.
Have a written last will and testament, and if necessary, an estate plan. We’re going to go more in depth on this, but a quick note – you don’t always have to have a large estate to need an estate plan.
Host Josh and co-host Michelle discuss the recent bank failures of Silicon Valley Bank, otherwise known as it’s initials SVB, and another unrelated bank called Signature Bank.
We finish up part 2 of a 2 part series we called “5 ways for retirees to generate income in retirement”. We laid out the first 3 ways to generate income in our last episode, and today we’ll discuss the last 2.
Josh and cohost Michelle finish the remaining 3 Intentions from their 2 part mini series, the Top 7 Financial Intentions that every retiree and pre-retiree should have for 2023!
Josh and cohost Michelle discuss why New Year's Financial Intentions are better than resolutions: - Sequence of return risk can create compound growth by having a plan and other assets classes to dip into. - Benefits get higher every year you delay taking Social Security until age 70 - A higher interest rate environment can help with income production in retirement - Owning equities can help combat inflation
Josh and cohost Michelle discuss different types of annuities, including Deferred Income Annuities, Immediate Income Annuities, Fixed Annuities, Multi-year Guaranteed Annuities, Fixed Index Annuities and Variable Annuities.