Ready, Set, Retire!

In this episode, Steve explores the concept of retirement, drawing inspiration from entrepreneur Naval Ravikant's unique perspective. While financial independence is a common goal, the hosts discuss various paths to retirement, including managing burn rates, passive income, and the importance of doing what you love. Steve emphasizes his own approach to retirement, sharing insights from his 36 years in the industry. The conversation delves into annuities, a key component of a secure retirement plan, and the misconceptions surrounding them. If you're tired of the noise in financial advice and seeking genuine insights into securing your retirement, this episode is a must-listen. Call Steve today for your Complimentary Portfolio Review and be on your way to financial Freedom! See omnystudio.com/listener for privacy information.

On today's episode, Steve shares the incredible story of Charles Feeney. Charles, a multi-billionaire, chose to give away his vast wealth, emphasizing the joy of giving while being alive. The episode explores the pros and cons of this philanthropic approach and delves into the importance of achieving a balance between generosity and self-preservation. Steve discusses the complexities of leaving a financial legacy to your loved ones and the IRS, highlighting the recent changes in beneficiary rules for IRAs and 401(k)s. Learn how to optimize your financial plan, ensuring that you leave a lasting legacy for your family while minimizing taxes and maximizing the benefits for your heirs. Questions about your legacy? For your complimentary Legacy and Estate Tax Plan call Steve today - 508-544-0560! See omnystudio.com/listener for privacy information.

In today's episode, we're tackling an intriguing question: Can you trade in your older annuity for a newer, more advantageous one? With interest rates on the rise, now is a particularly opportune time to consider upgrading your annuity. Steve discusses the nuances of this decision, emphasizing that while it can be a favorable move in some cases, it may come with certain costs. As the discussion unfolds, Steve shares remarkable rates and opportunities available with certain annuity products. He highlights the attractiveness of index annuities, which participate in market gains while ensuring zero losses. Steve underscores the importance of staying up-to-date with industry trends and seizing high-yield products before they're no longer available. Steve also shares a real-life success story of a client who, like many others, found themselves in an annuity that didn't align with their goals. By offering the right solution and facilitating a strategic transition, Steve helped this client turn a potentially unfavor

In this episode, we explore the surprising statistic that only 35% of Americans utilize the services of a financial advisor. Steve, a renowned retirement income specialist with over 30 years of experience, helps us unravel the reasons behind this. Many Americans primarily store their wealth in their 401(k) accounts, assuming they can manage their retirement funds independently. However, as Steve emphasizes, there's a significant distinction between wealth management and income planning. He believes in providing simple, no-jargon, down-to-earth financial guidance, as opposed to being a highfalutin "wealth manager." The episode takes you inside Steve's laid-back, relaxing office in Cape Cod, where he offers insights and assistance to those from all financial backgrounds, regardless of their asset size. Steve believes that your money is as important as anyone else's and that understanding your financial options is vital, especially if you're not part of the elite millionaire club. Call Steve today for a copy of

This week, we delve into one of the most pressing retirement questions on everyone's minds: how do you ensure a steady income stream when you retire, without the fear of running out of money? Steve, Cape Cod's Retirement Income Specialist, shares his expertise on the significance of annuities in retirement planning. He emphasizes the value of annuities in protecting your money and securing a stable stream of income during your golden years. The conversation expands to different types of annuities, highlighting the importance of selecting the right one to fit your unique financial goals and needs. A diversified approach to your retirement savings is the key to ensuring your financial security. Steve walks you through the benefits of having multiple financial buckets, such as annuities, 401(k)s, real estate investments, and more. The recent economic turbulence has highlighted the importance of a well-rounded financial strategy. Discover how annuities can become a pillar of your retirement income plan and provid

The financial world is experiencing a shift where cash is offering higher returns than ever before, surpassing even the S&P 500. As Yahoo Finance's Jared Blicker notes, a staggering $925 billion has flowed into money markets this year alone. Traditionally, when stocks dipped, investors had few alternatives and often kept plowing money back into stocks, especially those with lower yields but high growth potential. Now, with cash yielding better returns, the approach is different. Steve shares insights into cash positioning, highlighting that he's noticed an increasing interest in higher fixed rates and opportunities that offer gains without losses. He discusses the advantages of certain financial products, such as index annuities, that provide opportunities for gains while protecting against market downturns. #retirement #financialplanner #financialliteracy #wealth #fyp #podcast   Visit Fairway Financial TODAY and find out how Steve can help YOU Replace Your Paycheck in Retirement!   Subscribe and Follow t

Under this new measure, starting next year, older workers earning more than $145,000 will be required to use an after-tax Roth 401(k) rather than the traditional pre-tax 401(k). However, since many employers do not offer Roth 401(k)s, the IRS has extended the deadline to 2026. Steve breaks down what this means for you and your retirement strategy. He also emphasizes the importance of diversifying your retirement savings to reduce dependency on government-controlled plans. With the government's ever-changing rules and regulations, having different financial buckets can provide greater stability and control over your retirement. If you're concerned about the impact of the Secure 2.0 Act on your retirement or want to assess your current retirement plan, call Steve today at 508-552-3230. Steve and his team can provide an X-ray of your 401(k), analyzing earnings, fees, risks, and exploring alternative retirement savings options.  #retirement #financialplanner #financialliteracy #wealth #fyp #podcast  Visit Fairway

In a recent survey of 2,000 individuals, conducted by a Harris Poll, a staggering 70% found retirement planning unnecessarily complicated. That's a sentiment many of us can relate to. So, where are people turning for information? The survey revealed that 43% rely on their own research, while 39% look to their employers, 27% seek advice from family members, and only 10% attend retirement planning classes or seminars. Steve recognizes the challenges of navigating this complex landscape. He acknowledges the frustrations many face when trying to decipher financial jargon and overwhelming information online. Retirement planning should be straightforward, centered on the idea of saving to replace your paycheck when you retire. But, as Steve points out, the financial world has a knack for making simple concepts seem daunting. That's where Steve steps in as a translator and educator. His mission is to simplify retirement planning and help his clients understand their options. He's a firm believer in providing clients

In this episode of the Retire Ready Radio podcast, Steve (Cape Cod's Retirement Income Specialist) talks about the importance of having an income plan in retirement.   Steve discusses the different types of income streams available to retirees, and how to create a plan that meets your individual needs. He also talks about the importance of considering factors such as inflation, taxes, and healthcare costs when planning for retirement. Whether you're just starting to think about retirement or you're just a few years away, this episode is a must-listen. Steve will give you the information and tools you need to create an income plan that will help you retire comfortably and with confidence. #retirement #financialplanner #financialliteracy #wealth #fyp #podcast   Visit Fairway Financial TODAY and find out how Steve can help YOU create an Income Plan in Retirement!    Subscribe and Follow the “Ready Set Retire" podcast on Apple or Spotify! 

In today's show, we delve into a topic that's both practical and essential for securing your family's future: the importance of having open financial conversations with your adult children. It's surprising how many habits we carry from childhood into adulthood, and this extends to the way we manage our households. According to a recent poll, three out of five individuals still follow their parents' example when it comes to cleaning the kitchen before bedtime or even washing dishes in the same order as their parents did. Our discussion takes a turn towards financial planning and how these generational patterns can influence our approach to money management.The financial landscape has seen its share of challenges, from the aftermath of the recession to the rising credit card debt, 401(k) withdrawals, and car loan defaults. Steve emphasizes that it's essential to look beyond the surface and recognize these subtle indicators of financial stress, which may affect both parents and their adult children.  #retirement

Today we're diving into a crucial aspect of retirement planning that often gets overlooked: how to smartly withdraw your hard-earned savings to maximize your income while minimizing tax implications.   Imagine this scenario: you've diligently saved for retirement, and you've got a solid plan in place. But now the question is, how do you start withdrawing your funds? This is where things can get tricky, as improper withdrawals can lead to significant tax problems. We're delving deep into the world of withdrawing funds from taxable, tax-deferred, and tax-free accounts. Join us as Steve guides us through the maze of options and helps clients make informed decisions about boosting their after-tax income in retirement. The strategies you employ depend on factors like whether you're fully retired, semi-retired, or the age at which you retire – all of which can have a major impact on your financial well-being.  #retirement #financialplanner #financialliteracy #wealth #fyp #podcast #income   Visit Fairway Financial T

Steve takes a deep dive into the topic of recession-proofing your retirement savings. With economic uncertainty looming, Steve discusses strategies for safeguarding your financial future. From discussing the potential of an impending recession to exploring the ways annuities can provide financial security, this episode provides expert advice for navigating these challenging times.  As Steve, a seasoned retirement planner, points out, retirees often value the security of a steady paycheck, just as they did during their working years. He explains how annuities can serve as a replacement paycheck, offering the peace of mind that retirees desire.   Visit Fairway Financial TODAY for your complimentary income review!     Subscribe and Follow the “Ready Set Retire" podcast on Apple or Spotify! 

Steve delves into the concept of a "soft landing" and its implications for the economy. Discover why the chance of a soft landing is on the rise and how this affects jobs, incomes, and consumer habits. Steve emphasizes the importance of focusing on actionable steps to secure your financial future, regardless of economic fluctuations.  Remember, securing your retirement requires informed decisions and a customized plan designed to weather economic changes.  #retirement #financialplanner #financialliteracy #wealth #fyp #podcast #economy    Visit Fairway Financial TODAY and find out how Steve can help YOU PROTECT YOUR MONEY in Retirement!     

Barbie's journey from a role model with 200 jobs to a reality check in the "real world" sparks comparisons to life's financial challenges. Discover how the movie mirrors the experiences of college graduates stepping into adulthood and individuals transitioning into retirement. Steve, the retirement income specialist, emphasizes the importance of safeguarding your financial future, just as Barbie protects her world-saving aspirations.  Hear Steve talk about the implications of having multiple 401K accounts from past jobs. Steve shares how rolling over old 401Ks into IRAs can grant you more control, better options, and improved fee transparency. Barbie's story serves as a reminder of the changing landscape of pensions and retirement planning. Learn how Steve helps individuals navigate these challenges, ensuring they have a tailored strategy for their unique situations. Whether you're a Barbie fan or looking for actionable financial advice, this episode offers a wealth of knowledge and entertainment. Join the co

In this episode hear Steve discuss a crucial strategy for tax planning and financial growth: Roth IRA conversions. Steve takes a deep into the world of Roth IRAs and how they offer an ideal solution for tax planning. Discover the benefits of taking the tax hit on your contributions now and watching your gains grow tax-free. But what if you're told you make too much to contribute to a Roth?  Steve breaks down the misconceptions around saving using pre-tax dollars and reveal why it's essential to act NOW especially given the current lowest marginal tax brackets. Learn how to reposition your money, convert pre-tax IRAs to Roth, and disinherit the IRS !   Visit Fairway Financial TODAY and find out how Steve can help YOU disinherit the IRS!   

Steve discusses the importance of a mid-year financial check-up for retirement planning. The importance of having a solid income plan, especially for those nearing retirement or already retired. Drawing from his 35 years of experience, Steve explains how relying solely on market performance can be risky and lead to potential income shortages during retirement.  By focusing on creating a dependable income stream to supplement Social Security, you can safeguard your financial future and enjoy a worry-free retirement. If you're seeking a more stable retirement plan and a guaranteed income for life, tune in to this insightful episode and learn how to protect your financial well-being. See omnystudio.com/listener for privacy information.

Worried about running out of money in retirement? In this week’s episode, Cape Cod’s Retirement Income Specialist,Steve Anzuoni, shares how his bucket planning approach can help provide income for life! Then, with three decades of experience helping people just like you plan for retirement, hear what makes him different from other financial planners! Visit Fairway Financial TODAY and find out how Steve can help YOU Replace Your Paycheck in Retirement!   Follow, like and share on social media: Facebook, LinkedIn, Instagram and YouTube!    See omnystudio.com/listener for privacy information.

There’s an old saying in the news business: “If it bleeds it leads.”  It’s because tragic and splashy headlines often get our attention.  In the financial world, market declines are the splashy headlines.  But a new study from a Fidelity analyst says, we get too wrapped up in the topic of market risk and we don’t focus enough on two of the other big risks of retirement: 1. Expensive health care needs  2. Living into your 90s.  Would you agree? Visit Fairway Financial TODAY and find out how Steve can help YOU Replace Your Paycheck in Retirement!   See omnystudio.com/listener for privacy information.

Reliable monthly income is a big concern for retirees.  Yahoo Finance looked at the pros and cons of annuities in that role.  Two of the objections they site are:  1) Every annuity comes with high fees 2) No access to principle in an emergency   Can you speak to those points? Visit Fairway Financial TODAY and find out how Steve can help YOU Replace Your Paycheck in Retirement!   See omnystudio.com/listener for privacy information.

The latest polls are showing Americans are not feeling good about the economy.  One survey (by CBS News/YouGov) found 64% of adults would rate the economy as “bad.”  Another poll (by F&G) shows 80% of Americans over age 50 are worried about the impact of inflation on their retirement, with many facing the prospect of having to keep working.  Concern about the economy can turn into anxiety about retirement.  If you're concerned about the market, the economy and want to protect your money - hear how Steve can help!   See omnystudio.com/listener for privacy information.