Tag Archives: Jim Black

99. The Mindset of Boring Investing With Mike Whitmore



In the current economic situation, excitement can build with the thought of the availability of investing opportunities.  However, some opportunities could lead to great risk.  Talking about boring investing could really be a valuable conversation.

In this episode, Mike talks about the exciting part of boring investing. When it comes to cryptos and stocks, it can be exciting to invest in riskier stocks in hopes to get rich quick but it is never that simple. Having individual stocks could be a great way to get rich, but it is a lousy way to stay rich.

Mike Whitmore discusses:

  • Why diversification is so important
  • What he thinks about cryptos
  • Why you should stop gambling with your future
  • The benefits of having a retirement plan
  • And more

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About Mike Whitmore

Mike is an experienced Financial Planner with a demonstrated history of working in the financial services industry. Skilled in Search Engine Optimization (SEO), Sales, Conference Speaking, IT Strategy, and Management, Mike has a strong finance professional with a BS focused in Marketing from Brigham Young University.

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98. What is Social Security? With Cindy Mueller



When should you start your social security benefit?

In this episode, Cindy Mueller is here to break down all things social security. From the basics of how you become eligible for social security, to the more complex dynamics of taxes, this episode will answer the questions you have about social security.

Cindy discusses:

  • What is social security, when can you start it, and how you can become eligible
  • How much you receive in monthly benefits 
  • How spousal benefits work
  • Taxes related to social security
  • And more

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About Cindy Mueller:

Cindy joined The Retirement Solution in 2008 with a commitment to delivering sound principles of financial management. She offers clients professional counsel in personal finance, investment advisory services, estate planning, and retirement planning.

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97. Figuring Out Retirement Expenses With Matt Perrone



As you transition into retirement, your monthly spending changes significantly, especially your discretionary expenses.

So, how do you account for your expenses and ensure they are taken care of?

In this episode, Matt helps you figure out your basic retirement expenses so you can become financially confident in your spending habits and live your dream retirement.

Matt discusses:

  • How expenses change during the go-go, slow-go, and no-go years of retirement
  • Why it’s possible to achieve your financial goals despite a low income before retirement
  • Important retirement expenses which are often overlooked
  • Reasons to build a customized financial plan instead of relying on generic rules of thumb
  • And more

Connect With Matt Perrone:

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About Matt Perrone:

As a financial planner, Matt Perrone focuses on one goal in his work — to give clients a sense of confidence by managing their life savings with the utmost care and integrity. For as long as he can remember, he has been passionate about helping others make wise financial choices. To this day, Matt finds his work both fun and meaningful. Matt is also involved with charities that aid disadvantaged youth and that support the arts and education. Before transitioning to Finance in 2015, Matt spent seven years in Hospitality and Business Management. His previous experience has allowed him to bring a more personalized level of care and service to his clients.

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96. How to Manage Your Spending in Retirement With Tom Black



It’s not enough for your advisor to know what’s going on with your retirement, you need to know as well.

Of course you want to spend all the money you saved for retirement. In this episode, Tom Black shares how you can be successful in your retirement. Tom speaks about some of the “rules” around retirement spending and why not everyone can keep up with them. 

Tom discusses:

  • Why more people are looking towards retirement
  • The first step to creating a real retirement plan
  • Why having a good handle on your monthly will likely lead to you having a successful retirement
  • The “rules” of retirement and spending and why it’s not for everyone to follow
  • And more

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About Tom:

As a Financial Planner, Tom has a thorough understanding of the complex issues that must be addressed when preparing a strategic retirement plan.

Tom has always been interested in wealth management, graduating with a Finance degree from Brigham Young University. He attributes his career path to his passion and desire to help enrich peoples’ lives. Tom is motivated by helping people maintain financial independence and their active lifestyle long into retirement by providing a holistic financial review process. Prior to joining TRS, Tom gained extensive experience overseeing client-business relationships, client satisfaction strategies, accounting, budgeting, projections, and financial operations at Abadan, Yakima Valley Farmworkers, and Connell Grain Growers.


95. Everything You Need to Know About Setting Up Spousal Assistance With Tyler Lively



No one wants to have a conversation about end of life assistance after a loved one has passed on. Start having those conversations today.

In this episode, Tyler Lively talks about spousal assistance and how you can ensure your loved ones are protected if you were to pass away abruptly. Tyler explains how spouses can be successful in planning survivorship, and what some of the biggest worries people like you have.

Tyler discusses:

  • The best time to have the conversation about what happens when a spouse passes away
  • How spouses can be successful in planning survivorship
  • Some of the biggest pitfalls of clients who are still working when it comes to end of life planning
  • Some of the biggest worries that you’ve seen couples have in regards to end of life
  • And more

Connect With Tyler Lively

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About Tyler:

Tyler is a native of Washington state, having grown up in Redmond. He has always had a passion for learning and finding the optimal solution to any goal. This drive pushed him to graduate from the prestigious Marriott School of Business (rated one of the top 10 entrepreneurship programs in the U.S.¹).

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Episode 90 – Exploring The Path of Charitable RMDs & Gifting – With Shane Perry



In simple words, a charitable Required Minimum Distribution is still an RMD but the only difference is that you are also directing it to a charity.

In this episode, The Retirement Solution’s associate planner, Shane Perry sheds some light on all things charitable RMDs and gifting to help you understand its different financial components before you pass it down to your heirs and beneficiaries. 

You will learn:

  • Who can opt for an RMD and what are the new age-related updates? 
  • Rules for those considering a Qualified Charitable Distribution (QCD)
  • How to redirect an RMD to a Donor Advised Fund
  • Tax considerations around gifting and reasons why people should gift assets while alive 
  • How are families using and approaching conversations around charitable RMDs and gifting? 
  • And more!

Listen today and discover everything you need to know about charitable RMDs and gifting!

Resources:  The Retirement Solution: 888-500-5830 | Shane Perry  

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Episode 89 – Remember to Retire in Retirement – With Tom Black



A fulfilling retirement requires two things: A financial strategy you are comfortable with and a bucket list of things you can do.

Would you agree?

Today, The Retirement Solution’s president and lead financial planner, Tom Black, discusses everything you need to know about retirement and its components surrounding finances, emotions, and productivity. All this so that you can prepare ahead, fulfill your wishes, and most importantly, retire in retirement.

In this episode, you will learn:

  • The importance of building freedom in retirement to do things you want to do 
  • Why switching from saving to spending is a struggle for retirees – and how to overcome it 
  • How an income plan can ease the process of transitioning to retirement 
  • After their last paycheck: How long does the vacation-like feeling last for retirees? 
  • From traveling, volunteering, and creating new habits: Things you can do to achieve a happy, productive, and long retirement 
  • And more!

While a to-do list can be handy, tune in today and find out why retirement is all about doing the things that bring meaning to YOUR life! 

Resources: The Retirement Solution: 888-500-5830 | Tom Black 

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Episode 88 – Navigating the Path of Estate Planning Documentation – With Shane Perry



Estate planning is not only for the wealthy. Instead, it’s for anyone who wants their assets and finances to be taken care of (according to their wishes) when they pass away. 

One way to do this is through estate planning documents, and that’s exactly what Shane Perry discusses in this episode of Your Retirement Solution. Shane not only introduces the different records you may need but also sheds some light on techniques you can incorporate within your planning to easily pass assets to your beneficiaries.

In this episode, you will learn:

  • The breakdown of wills, beneficiary designations, and health care power of attorney’s as crucial estate planning documents 
  • The importance of drafting documents according to your state laws and following a consistent beneficiary format 
  • Everything you need to know about wills going into probate 
  • What are letters of intent and what is their purpose within estate planning 
  • How guardianship designations can guarantee care for children in the absence of their parents
  • And more!

Listen today, and find out how these records can help your estate planning flow as seamlessly as possible!

Resources: The Retirement Solution: 888-500-5830 |  YouTube  | Shane Perry


Episode 87 – Health, Wellness, and Fitness in Retirement – With Cindy Mueller



How do you envision your overall health and wellness in retirement?

Well, believe it or not, there are six related components you MUST be aware of.

In this episode of Your Retirement Solution, Cindy Mueller explains why physical (and intellectual), mental, emotional, social, environmental, and spiritual health are so important when thinking, envisioning, and planning for your retirement years. 

In this episode, you will learn:

  • From walking groups and dance clubs, to even puzzles and Sudoku: Why is physical and intellectual health so important in retirement?
  • How retirees can tackle mental health 
  • Things you can do to keep your emotional health on track 
  • How the pandemic has impacted retirees and their social health
  • How environmental components such as smog affect your health in retirement 
  • The truth about spiritual health in a pandemic and retirement scenario 
  • And more!

Tune in today and discover what our clients at The Retirement Solution are doing to achieve a fit and healthy retirement! 

Resources: The Retirement Solution  I (425) 558-3700 I Cindy Mueller 


Episode 86 –Risky Investments Versus Having a Plan – With Mike Whitmore



Did you know that the COVID-19 pandemic has played a huge role in the risky investment arena?

In this episode of Your Retirement Solution, Mike Whitmore discusses must-know considerations surrounding risky investments. All this while referring to the importance of building a risk-proof financial plan.

In this episode, you will learn:

  • Anything that loses value: What are risky investments 
  • Cryptocurrencies, and Mike’s own personal experience: What are some of the risky investments he has seen in his career 
  • From stimulus checks to stocks: What are some of the trends in risk markets  
  • The role of The Retirement Solution when it comes to having a plan – and how does it differ from having different investment portfolios 
  • Why is it important to build a plan and what are some of the time and cost considerations 
  • And more!

Listen in and find out everything you need to know about risky investments – and when they are appropriate for portfolios! 

Resources: The Retirement Solution  I (425) 558-3700 I Mike Whitmore