The Houston Midtown Chapter of The Society for Financial Awareness Presents MONEY MATTERS with Christopher Hensley (retirement)

We spoke with New York Times bestselling author Philip Moeller on his newest book Get Whats Yours for Medicare. We also discussed the current election and what a Trump or Clinton presidency means to the Social Security and Medicare system.

A coauthor of the New York Times bestselling guide to Social Security Get What’s Yours authors an essential companion to explain Medicare, the nation’s other major benefit for older Americans. Learn how to maximize your health coverage and save money.

Social Security provides the bulk of most retirees’ income and Medicare guarantees them affordable health insurance. But few people know what Medicare covers and what it doesn’t, what it costs, and when to sign up. Nor do they understand which parts of Medicare are provided by the government and how these work with private insurance plans—Medicare Advantage, drug insurance, and Medicare supplement insurance.

Do you understand Medicare’s parts A, B, C, D? Which Part D drug plan is right and how do you decide? Which is better, Medigap or Medicare Advantage? What do you do if Medicare denies payment for a procedure that your doctor says you need? How do you navigate the appeals process for denied claims? If you’re still working or have a retiree health plan, how do those benefits work with Medicare? Do you know about the annual enrollment period for Medicare, or about lifetime penalties for late enrollment, or any number of other key Medicare rules?

Health costs are the biggest unknown expense for older Americans, who are turning sixty-five at the rate of 10,000 a day. Understanding and navigating Medicare is the best way to save health care dollars and use them wisely. In Get What’s Yours for Medicare, retirement expert Philip Moeller explains how to understand all these important choices and make the right decisions for your health and wealth now—and for the future.

Direct download: MMEPISODE150.mp3
Category:Retirement -- posted at: 12:22pm PDT
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One of the key challenges of managing your finances during retirement is determining how much you can spend without depleting your nest egg. What do you do if you retire and the market goes south shortly after?

Friday we were joined by Jeffrey Christakos, CPA/PFS, CFP, CLU, AIF. We discussed rightsizing your life for retirement and what to do in the event of a market downturn when you retire.

To learn more about Jeff visit:

www.westfieldwealth.com

To learn more about Houston Money Week 2016 visit:

www.houstonmoneyweek.org

You can keep up to date with the ACA changes at :

www.houstonfirstfinancialgroup.com then click health insurance

or to compare different plans in Texas, check subsidies and enroll go to my site at:

https://www.healthsherpa.com/?_agent_id=christopher-hensley

Personal Finance Cheat Sheet Article:
http://www.cheatsheet.com/…/how-schools-can-improve-their-…/

Financial Advisor Magazine Articles:

http://www.fa-mag.com/…/advisors-stay-the-course-amid-monda…

http://www.fa-mag.com/…/on-it-s-80th-anniversary–advisors-…

You can listen live by going to www.kpft.org and clicking on the HD3 tab. You can also listen to this episode and others by podcast at:
http://directory.libsyn.com/shows/view/id/moneymatters

or

www.moneymatterspodcast.com

#‎KPFTHOUSTON #‎JEFFCHRISTAKOS

Direct download: Money_Matters_Episode_131.mp3
Category:Retirement -- posted at: 10:23am PDT
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Ah, retirement—you’ve anticipated this life stage for years, but now that it’s finally here, you’re not quite sure what to do with it.

Presenting 99 fresh ideas to keep you active and engaged, I’m Retired…Now What? is more than just a list of things to do. Written by a financial advisor who has worked with retirees for more than sixteen years, this guide helps you see your continued value and recognize the importance of living this new phase well.

We were joined on the show by author Kyle Sadler. Inventor and former owner of the nationally known website BarterOnly.com, Kyle A. Sadler, AIF, CRC, is the president of Precept Wealth Management, an investment advisory firm based on Christian fundamentals and values. He holds a business administration BS in accounting from Sam Houston State University, has more than twenty years of experience working in the financial industry, and is the author of two long-running retirement seminars and a corporate training program for financial advisors.

To learn more about Kyle visit:

www.afteruretire.com

You can keep up to date with the ACA changes at :

www.houstonfrstfinancialgroup.com then click health insurance

or to compare different plans in Texas, check subsidies and enroll go to my site at:

https://www.healthsherpa.com/?_agent_id=christopher-hensley

Personal Finance Cheat Sheet Article:
http://www.cheatsheet.com/…/how-schools-can-improve-their-…/

Financial Advisor Magazine Articles:

http://www.fa-mag.com/…/advisors-stay-the-course-amid-monda…

http://www.fa-mag.com/…/on-it-s-80th-anniversary--advisors-…

You can listen live by going to www.kpft.org and clicking on the HD3 tab. You can also listen to this episode and others by podcast at:
http://directory.libsyn.com/shows/view/id/moneymatters

or

www.moneymatterspodcast.com

‪#‎KPFTHOUSTON‬ ‪#

Direct download: Money_matters_EpIsode_127.mp3
Category:Retirement -- posted at: 9:42am PDT
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Approximately 19% of the population is caring for an adult relative (sibling, grown child, parent, neighbor) who is dealing with long term medical issues such as cancer, stroke, Alzheimers, dementia, or catastrophic injuries. Caregiving impacts people emotionally, physically and economically. Last year Americans worked millions of hours without compensation, care that would have cost $470 BILLION (the value of Walmart's annual sales, and more than the US annual Medicare budget). The pressures of caring for relatives without compensation can also impair the ability of a caregiver to hold down a "day job". Then add on huge medical expenses that can drive families into poverty and bankruptcy.

More on Amy Goyer, Author, Speaker, Consultant As AARP's Family Expert, I provide expertise on a variety of family issues - from grandparenting to family caregiving, parenting and other family relationships, multigenerational living, family history and just about anything that pertains to families! Right now the most important role I'm playing in life is that of primary caregiver for my parents who are 85 and 88.

 

To learn more about Amy visit:

http://blog.aarp.org/author/amygoyer/

You can keep up to date with the ACA changes at :

www.houstonfrstfinancialgroup.com then click health insurance

or to compare different plans in Texas, check subsidies and enroll go to my site at:

https://www.healthsherpa.com/?_agent_id=christopher-hensley

Personal Finance Cheat Sheet Article:
http://www.cheatsheet.com/…/how-schools-can-improve-their-…/

Financial Advisor Magazine Articles:

http://www.fa-mag.com/…/advisors-stay-the-course-amid-monda…

http://www.fa-mag.com/…/on-it-s-80th-anniversary--advisors-…

You can listen live by going to www.kpft.org and clicking on the HD3 tab. You can also listen to this episode and others by podcast at:
http://directory.libsyn.com/shows/view/id/moneymatters

or

www.moneymatterspodcast.com

‪#‎KPFTHOUSTON #AmyGoyer

Direct download: Money_Matters_126_Mixdown_1.mp3
Category:Retirement -- posted at: 8:15am PDT
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Money Matters Episode 79- Americans Flunk Retirement Income Readiness, Now What? W/ Jamie Hopkins

Retirement income literacy is of essential importance to the financial security of retired Americans. With limited or no ability to earn additional money through work, this group must know how much they need to accumulate by the time they retire and know how to manage their money during retirement.

Further, retirement income literacy will become more important  as the number of people entering 
retirement with defined benefit plan guaranteed lifetime income decreases, life expectancy at age 65 
increases, and Social Security income decreases due to increases in the age of entitlement for full 
benefits.  In addition, the increases in Medicare premium taken out of Social Security retirement 
benefits each year will likely be higher than the cost of living adjustments to Social Security.

 

We were joined today by Associate Professor of Taxation, Associate Director of the New York Life Center for Retirement Incomeand Larry R. Pike Chair in Insurance & Investments for the American College, Jamie Hopkins.  

 

To find out more about the American College visit the website at:

www.theamericancollege.edu

Also mentioned on the show today:

Forbes Article about new MYRA by Jamie Hopkins

You can listen live by going to www.kpft.org and clicking on the HD3 tab. You can also listen to this episode and others by podcast at:

http://directory.libsyn.com/shows/view/id/moneymatters


or

www.moneymatterspodcast.com

 #kpft #theamerican college #forbes

Direct download: Money_Matters_Episod_79.mp3
Category:Retirement -- posted at: 1:43pm PDT
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By 2015, 77 million Americans will be 50 to 69 years old! As the first generation to be so long-lived, we face the challenge of taking personal responsibility for the quality of our extended lives. Well be log-term pioneers, making the second part of our lives as rich and rewarding as the first, if not more so. But aging isn't the point. The point is lifelong development- our ability to live skillfully each day with the opportunities, choices, and changes that will happen inside and outside of our plans; it's knowing what we'll have to be great at beyond fifty to lead vigorous, creative lives in our eighties and nineties.

We were joined today by author George H. Schofield, PH.D.  We discussed life after 50 and the revolution in planning and retirement.

 

To find out more about George visit his website at:

www.georgeschofield.com

For the book click here:

After 50 It's Up to Us - Developing the Skills and Agility We'll Need

 

You can listen live by going to www.kpft.org and clicking on the HD3 tab. You can also listen to this episode and others by podcast at:

http://directory.libsyn.com/shows/view/id/moneymatters


or

www.moneymatterspodcast.com

 

Direct download: MoneyMatterEpisode75.mp3
Category:Retirement -- posted at: 12:58pm PDT
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The U.S. Department of Labor Statistics in 2010 reported that approximately two million people work for the United States federal government, not including those employees by the postal service or military. The United States government is by far our country's largest employer and provides extensive employee benefits.

Our guest today was Author and CFP Brian Kuhn. We discussed the ins and outs of the Federal Employee Benefits.

Brian Kuhn is a family wealth advisor with Planning Solutions Group, LLC. With 13 years in the financial planning field, he works with families and individuals, with a specific focus on government employees, in the area of retirement planning, wealth preservation, and insurance protection.

To learn more about Brian you can visit his website at:

www.psgclarity.com

Or his book at:

Total Compensation: A Practical Guide to Federal Employee Benefits

 

You can listen live by going to www.kpft.org and clicking on the HD3 tab. You can also listen to this episode and others by podcast at:

 

http://directory.libsyn.com/shows/view/id/moneymatters

 

or

 

www.moneymatterspodcast.com

Direct download: Money_Matters_Episode56.mp3
Category:Retirement -- posted at: 12:39pm PDT
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For many Social Security might be the only form of income they have when it comes time to retire. Almost every day we see headlines in the news telling us that Social Security is being depleted. Is Social Security in trouble? If so what does this mean to us?

Our guest today, former regional commisioner of the Social Security Department, Gordon Sherman.

Gordon Sherman is retired from 43-years of service to the military and federal government. During the last 23 years of his career, he was the southeast regional commissioner of the Social Security Administration.  Mr. Sherman’s many banking affiliations over the years included board positions for Citizens & Southern Bank of Gwinnett County, East Metro Division of Citizens & Southern Bank of Atlanta, The Enterprise Bank of Dunwoody, Georgia, Fidelity National Bank, Fidelity Southern and Regions Bank of Atlanta where he served as board chairman. The National Public Service Award, Ewell T. Bartlett Humanity in Government Award, three Presidential Executive Awards and a Making The King Holiday Award are among the many accolades Sherman has received. He earned a B.S. from Auburn University, a J.D., LL.M. and an honorary LL.D. from Woodrow Wilson College of Law and is a graduate of the Senior Governmental Managers Program, Harvard University, the U.S. Army Command and General Staff College and the Industrial College of the Armed Forces.

To contact Gordon Sherman you can email him at gordosherman@aol.com

 

 

You can listen live by going to www.kpft.org and clicking on the HD3 tab. You can also listen to this episode and others by podcast at:

 

http://directory.libsyn.com/shows/view/id/moneymatters

 

or

 

www.moneymatterspodcast.com

 

Direct download: MoneyMattersEpisode55.mp3
Category:Retirement -- posted at: 1:04pm PDT
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Are you and your partner on the same page when it comes to retirement planning? Or…are you like millions of couples avoiding these critical conversations?

• If, When and How to Retire: Twice The Husband, Half the Income
• Let’s Talk About Money: Finances Without Fighting
• Changing Roles and Identity: I Don’t Do Windows!
• Time Together, Time Apart: I Love You and I Need My Space
• Health and Wellness: Will Medicare Pay for the Spa?

Enhance your communication skills, make decisions together and develop your shared vision for the second half of life.

You can find learn more about Roberta by visiting :

http://www.pathmaking.com/

or order a copy of the book here:

The Couple's Retirement Puzzle

 

You can listen live by going to www.kpft.org and clicking on the HD3 tab. You can also listen to this episode and others by podcast at:

http://directory.libsyn.com/shows/view/id/moneymatters

or

www.moneymatterspodcast.com

Direct download: MMEP42.mp3
Category:Retirement -- posted at: 3:32pm PDT
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On this weeks show we answered the question how does one make good financial decisions in a world dominated by risk and uncertainty. We discussed the book The Power of Choice which is dedicated to the idea that each of us has a choice to better our lives, empower ourselves and reach our goals. 

We were joined by author Jeff Kanaly.

Jeff is Vice Chairman of Kanaly Trust and serves on the organization’s board of directors. He has been with the company for over 35 years and concentrates on corporate strategic planning. An important focus for Jeff is ensuring that the high quality of service Kanaly Trust was founded on continues to be the central focus of the organization. He specializes in serving multi-generational families due to his depth of experience in high level, intricate estate and financial planning practices.

A graduate of the University of Texas at Austin, Jeff holds a Bachelor of Business Administration degree in Finance. He is a CERTIFIED FINANCIAL PLANNERTM practitioner and a Certified Trust and Financial Advisor (CTFA). He is a member of the Financial Planning Association (FPA), the Houston Chapter of the FPA, the Houston Estate and Financial Forum (HEFF), and the Association of Trust Organizations (ATO).

Jeff has served on many public and professional committees. He is a past national board member of the Financial Planning Association (FPA) and previously served on its Tax Sub-committee. He was involved in the merger of the Institute of Certified Financial Planners (ICFP) and the International Association of Financial Planners (IAFP) that formed the FPA. He was responsible for the coordination of the FPA’s Pro-bono Program, has served on the ICFP board and on its Practice Management Committee. He is past president of the Association of Independent Trust Companies (AITCO now ATO), and previously served on its board of directors as treasurer. He is also a past chairman and president of the Houston Society ICFP.  Jeff also serves on the Investment Committee at Kanaly Trust. 

Jeff has served on the board of directors of the American Heart Association in Northwest Harris County and on the board of Applause Theatre.  He is actively involved with the National MS Society, South Central Chapter as Chair of the Houston Leadership Council and was instrumental in launching the MS Entrepreneurs Program which helps those affected by MS at a grass-roots level.  In addition, Jeff was recently selected as the Investment Committee liaison for the South Central Region of the MS Society.

Jeff’s comments have appeared in such publications as Robb Report Worth, the Houston Business Journal and Financial Planning.

To find out more click below the:

 

The Power Of Choice

 

Choice of A Lifetime

 

Kanaly Trust

 

 

You can listen live by going to www.kpft.org and clicking on the HD3 tab. You can also listen to this episode and others by podcast at:


http://directory.libsyn.com/shows/view/id/moneymatters

Direct download: MM31.mp3
Category:Retirement -- posted at: 7:19am PDT
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