Double whammy: the impact of Covid & Hurricane Sally to the Gulf Coast
Josh and Jay discuss the impact of Hurricane Sally plus everything that has changed over the past 6 months while dealing with the Covid pandemic
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.
Josh and Jay discuss the impact of Hurricane Sally plus everything that has changed over the past 6 months while dealing with the Covid pandemic
Non Qualified Deferred Comp is a way to offer additional benefits to incentivize your key employees to stay loyal to the company, while providing some element of control for the provider of the plan.
We discuss why a business owner would consider a Defined Benefit Plan and how a business owner with a fully funded 401k can layer a Cash Balance Plan on top to provide additional future retirement income.
A Buy/Sell agreement should be a properly structured protection plan for the involved parties, but if unfunded, it's just a promise.
A properly structured Succession Plan insures that a business will survive after the owner retires, either through a generational transfer, key person transfer or outright sale.
Josh & Jay discuss the pJosh & Jay discuss the pros & cons of the 4 ways to plan for the expenses of long term care: self-insure, traditional LTC insurance, asset based LTC programs and spend-down to Medicaid. ros & cons of the 4 ways to plan for the expenses of long term care: self-insure, traditional LTC insurance, asset based LTC programs and spend-down to Medicaid.