Tag: retirement

Investing Smarter in an Election Year w/ John Harms

Investing Smarter in an Election Year w/ John Harms

By |

Title: Investing Smarter in an Election Year | Insights with SixPoint CIO John Harms, CFP.

Description:

In this episode of Dear Rochester, Retire Well, host Dave Pulcini sits down with John Harms, Chief Investment Officer at SixPoint Financial Partners, to discuss the complexities of investing during an election year. With political uncertainty often leading to market volatility, John shares his expert insights on how to navigate these turbulent times and make informed investment decisions.

Whether you’re a seasoned investor or just starting out, this conversation covers essential strategies to protect and grow your portfolio in an unpredictable market. John delves into the importance of diversification, understanding market cycles, and avoiding common pitfalls driven by emotional decision-making. Tune in to learn how to keep your investment strategy on track, no matter the political climate.

Timestamps: 0:00 – Introduction 1:30 – The impact of elections on market behavior 5:45 – Key strategies for maintaining portfolio stability 10:20 – Common mistakes investors make during election years 15:00 – The role of diversification in uncertain markets 20:15 – How to stay focused on long-term goals

đź”” Don’t forget to subscribe and hit the notification bell for more insightful episodes on financial planning, investing, and retirement strategies.

Connect with Us:

  • Website: SixPoint Financial Partners
  • LinkedIn: SixPoint Financial PartnersDisclaimer:The information provided in this podcast is for educational purposes only and does not constitute financial advice. Always consult with a qualified financial advisor before making any investment decisions.

#Investing #ElectionYear #FinancialPlanning #Retirement #PortfolioManagement #MarketVolatility #SixPointFinancial

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More
Unexpected Retirement Challenges and Solutions w/ Lisa Sanchez (EP. 83)

Unexpected Retirement Challenges and Solutions w/ Lisa Sanchez (EP. 83)

By |

After dedicating 33 years to the education system as a middle school teacher, Lisa Sanchez retired from her career. Having meticulously prepared for her retirement over many years, she anticipated that things would go smoothly when she retired.

However, life took an unexpected turn when she found herself responsible for taking charge of her 94-year-old aunt, who had a mental health condition. In this episode, Lisa recounts the challenges she encountered while trying to investigate her aunt’s possessions and determining her eligibility for assistance.

Discover what Lisa had to deal with when she took charge of her aunt’s situation and the duration it took her to streamline her aunt’s finances. Additionally, Lisa reveals why she took it upon herself to take charge of her aunt’s situation and shares her perspective on aging.

Gain valuable insights as Lisa discusses the changes you should consider making as you age, such as downsizing your house, ensuring you have an updated will, and having a healthcare proxy. Moreover, she advocates consolidating all your important information onto one page: bank accounts, investments, insurance policies, contact details of your attorney, and the person who handles your taxes. This ensures that your family will have easy access to all necessary information in the event of your passing.

 

Watch The Full Episode on Youtube: https://youtu.be/5J0re1RXTf0

 

During this episode, you will learn about:

[01:27] Introducing today’s guest, Lisa Sanchez 

[02:21] What Lisa was doing before retirement and how she transitioned into retirement

[03:34] Her aunt’s mental health story

[06:55] The challenges Lisa encountered while attempting to investigate her aunt’s possessions and determine what she qualified for

[09:54] What Lisa had to deal with when she took charge of her aunt’s situation and the duration it took her to streamline her aunt’s finances

[12:04] What does SixPoint mean?

Website: https://sixpointfp.com/

[15:53] Why Lisa took it upon herself to take charge of her aunt’s situation

[17:37] Lisa’s perspective on aging

[19:05] https://sixpointfp.com/

[19:55] What changes could Lisa have made to prepare for this situation if she could go back 5 to 10 years?

[23:07] Action item for the listeners

 

Key Takeaways:

  • As a person ages, regardless of who they are, there should be some dignity in the aging process. [17:37]  
  • As you age, it’s essential to consider living in a situation appropriate for your age. Downsizing your home is a wise move since your children may not be interested in some of your belongings. [20:11]
  • Get everything on one page: Bank accounts, investments, insurance policies, the contact details of your attorney, and the person who does your taxes. This ensures that in the event of your passing, your family will have easy access to all necessary details. [22:40]

 

Book Time with David Pulcini:

 

Connect with David Pulcini:

• Facebook: SixPoint Financial

View The Full Episode Transcript Here

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More
Financial Planning for Medical Sales Reps at SixPoint Financial Partners with Marshal Scheidt (Ep. 60)

Financial Planning for Medical Sales Reps at SixPoint Financial Partners with Marshal Scheidt (Ep. 60)

By |

Focusing on a specific group or niche can be advantageous as it allows us to address their common issues and concerns and help them with their finances. 

Curious about how and why SixPoint helps medical sales professionals?

In this episode, David Pulcini chats with Marshal Scheidt, partner at SixPoint Financial Partners, who specializes in providing financial planning to medical salespeople. Marshal shares his process when working with medical sales professionals, the unique challenges they face and emphasizes the importance of keeping a steady financial plan.

Marshal discusses: 

  • Why he enjoys working with medical sales professionals and the common pain points they face
  • What he does to help newer medical sales professionals
  • The challenges faced by clients who have been in the business for 20-30 years
  • His process for working with medical sales professionals
  • A success story of how he earned the trust of a skeptical client who was hesitant to meet with a financial advisor
  • The process and meetings needed when meeting new clients
  • And more!

Book Time with David Pulcini:

Connect with David Pulcini: 

Connect with Marshal Scheidt: 

About our Guest: 

Marshal Scheidt takes a tremendous amount of pride in helping his clients envision and accomplish their goals. Whether these goals pertain to their financial lives or are personal objectives, he takes a stake in helping his clients grow and improve on many levels. 

Graduated in 2015 from SUNY Brockport where he earned a Bachelor of Science degree in Finance, as well as Business Administration with a concentration in Management.

Marshal’s business practice is focused on providing comprehensive financial planning, risk management and retirement income strategies to help individuals find success and peace of mind.

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More
Do these 6 things for Your New Year’s Financial Resolution (Ep. 53)

Do these 6 things for Your New Year’s Financial Resolution (Ep. 53)

By |

As the year is coming to a close, there may be some financial resolutions you have yet to think of. So what are ways you can get closer to financial independence? Find out in this episode.

This week, David Pulcini is joined by six certified financial advisors to give you an easy-to-remember financial checklist so you can thrive in the new year. The discussion topics include family preparedness kits, underrating your distributions’ tax rate, emergency funds, and more.

 David discusses: 

  • Why it’s essential to make sure all of your bank accounts have a beneficiary on them
  • Make sure you’re interest rates are reasonable on your bank accounts
  • When it’s recommended to seek professional advice 
  • Tips on preparing for the unexpected
  • And more!

Resources:

 Book Time with David Pulcini:

Connect with our Joseph Prestigiacomo:

Connect with David Pulcini: 

Securities offered by Registered Representatives of Private Client Services. Member FINRA / SIPC. Advisory services offered by Investment Advisory Representatives of RFG Advisory, a registered investment advisor. Private Client Services, Six Point Financial Partners, and RFG Advisory are unaffiliated entities. Advisory services are only offered to clients or prospective clients where RFG Advisory and its representatives are properly licensed or exempt from licensure. No advisory services may be rendered by RFG Advisory unless a client agreement is in place.

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More
Estate Planning – Part Five of Six Points of Financial Planning with Neil Lyons, ESQ (Ep. 32)

Estate Planning – Part Five of Six Points of Financial Planning with Neil Lyons, ESQ (Ep. 32)

By |

Planning for the future can feel overwhelming, and knowing how to properly manage your estate in your later years can seem intimidating. 

But it doesn’t have to be a difficult process!

In this episode, David Pulcini talks to attorney Neil Lyons, ESQ, from Luhrsen Goldberg to remove the confusion and stress from estate planning. David and Neil explain why estate planning is often overlooked, but is such an important part of one’s financial wellbeing. 

David and Neil discuss: 

  • How relocation affects your estate plan
  • What can happen if you don’t address changes in your estate plan before you move states
  • Assisted living and estate planning
  • How much time it takes to make a accurate and actionable estate plan
  • What can happen when your beneficiaries don’t line up on all your documents 
  • And more

Connect with David Pulcini: 

Connect with Neil Lyons:

About our Guest: Neil Lyons, ESQ, practices extensively in the realm of estate planning, elder law, and trust and probate administration. In this arena and since 2015, he has put his legal knowledge and desire to helping others to good end, contributing more than 500 hours of pro bono legal services to Sarasota and Manatee County residents.

Neil’s good deeds have been widely recognized, including by the Sarasota County Bar Association, which in 2018 awarded him with its Distinguished Community Service Award for “his dedication to helping the cause of the defenseless and oppressed through his countless hours of pro bono legal services.” More recently, in 2019, the Florida Bar recognized this with its President’s Pro Bono Service Award. 

Neil earned his Juris Doctor degree from Stetson University College of Law in 2011. Neil earned his Bachelor of Arts Degree with a major in History from the University of South Florida in 2004. He then went on to earn his Master’s Degree in Education from the University of South Florida in 2008. 

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More
30. Retirement Income Planning – Part Three of Six Points of Financial Planning with John Harms CFP, RICP®

30. Retirement Income Planning – Part Three of Six Points of Financial Planning with John Harms CFP, RICP®

By |

As you enter retirement, you want to be sure your wealth doesn’t outlive you. 

It’s important to ensure you have enough money to continue to live comfortably and that you have finances for any extra hurdles that might come along the way.

In this episode, David Pulcini talks to colleague John P. Harms, CFP®, RICP®, partner and investment advisor representative at Six Point Financial Partners about the third point in the series of Six Points Of Financial Planning, retirement income planning. 

David and John discuss: 

  • Where to start when planning for retirement
  • How the timing of your retirement planning will affect your income later 
  • Different aspects that can make your retirement different from anyone else’s
  • How long the process of retirement planning can take with an advisor (spoiler, it’s less than you think…) 
  • How much to allocate towards your retirement, and how to find the amount right for you
  • What comes next, once you have your plan in place
  • And more

Connect with David Pulcini: 

Connect with John Harms: 

About our Guest: John Harms is an Indiana native who started in the investment and financial services industry in 2004 with Wachovia. There, he concentrated on helping small business owners in Chicago’s Lincoln Park community with retirement planning and investment portfolio management. Upon moving to Rochester in 2007, John shifted focus to providing comprehensive financial planning, wealth management, retirement income and distribution planning advice to educators.

He truly enjoys working with his clients helping to ease their financial concerns so that they can focus on what’s most important to them in life. John is approachable and pays close attention to detail in developing solutions to provide professional service clients can depend on. 

John is a 2004 graduate of the Krannert School of Management at Purdue University – West Lafayette, IN where he earned a Bachelor of Science degree in Management with a minor in Finance. In 2015, he obtained the RICP® (Retirement Income Certified Professional) designation from the American College.

Currently enrolled in the CFP® (CERTIFIED FINANCIAL PLANNER™) Curriculum at the American College and holds Series 7, 65, 66 and NYS Life, Health & Disability Insurance

 

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More
27. Understanding Your Retirement From a Public School View with Marshal Scheidt

27. Understanding Your Retirement From a Public School View with Marshal Scheidt

By |

Navigating through pension options, IRAs, 403(b)s, and insurance plans can be overwhelming, and for many, the hardest part of retiring– especially for those working in the public school system. 

In this episode, David Pulcini speaks with Marshal Scheidt, partner at Six Point Financial Partners, to talk about retirement for public school employees, with lessons and mistakes that can be applied for both public school employees and everyone else planning for retirement.  

David and Marshal discuss: 

  • Retirement planning for public school employees 
  • Common mistakes clients make with their pensions 
  • Understanding how to make your 403(b) work for you
  • Why retirement incentives might be costing you thousands if you’re not ready to retire
  • A look into how your tax bracket can affect your retirement 
  • And more

Connect with Marshal Scheidt:

Connect with David Pulcini: 

About our Guest: Marshal Scheidt takes a tremendous amount of pride in helping his clients envision and accomplish their goals. Whether these goals pertain to their financial lives or are personal objectives, he takes a stake in helping his clients grow and improve on many levels. 

Graduated in 2015 from SUNY Brockport where he earned a Bachelor of Science degree in Finance, as well as Business Administration with a concentration in Management.

Marshal’s business practice is focused on providing comprehensive financial planning, risk management and retirement income strategies to help individuals find success and peace of mind.

 

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More
24. 6 Things We Tell People in Their 70’s with Joe Prestigiacomo

24. 6 Things We Tell People in Their 70’s with Joe Prestigiacomo

By |

Financial planning in your 70s may look different from the planning process earlier in life. Clients may have different goals and priorities, and it’s important to make sure that those are being addressed.

But does your financial plan match up with these new priorities? 

In this episode, David Pulcini sits down with Joe Prestigiacomo, CFP®, partner at SixPoint Financial Partners, to discuss six pieces of financial advice they give to clients who are in their 70s. 

David and Joe discuss: 

  • How recent changes to your RMDs could affect how much money you receive in retirement 
  • How to use Roth conversions to your advantage 
  • How to handle financial risk in your 70s 
  • The importance of consolidating investment accounts
  • Why you need to sit down and review your important documents
  • Why you should book a meeting between your beneficiaries and your advisor 
  • And more

Resources:

Connect with David Pulcini: 

Connect with Joe Prestigiacomo:

About our Guest: Joe Prestigiacomo began his career in the financial services industry in 2012, and today he provides comprehensive financial guidance to many clients. He graduated from St. John Fisher College – Rochester, NY where he earned a Bachelor of Science degree in Finance. He holds Series 7, 24, 66 and NYS Life, Health & Disability Insurance Licenses, and is a Certified Financial Planner™. Joe focuses on developing retirement income strategies as well as personalized risk management assessments and solutions.

Along with Joe’s knowledge and experience, his commitment to an outstanding level of client service is an integral part of his practice that he prides himself on. By developing a deep understanding of Joe’s clients’ individual situations, he is able to help them make well informed financial decisions with confidence.

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More
23. 6 Things We Tell People in Their 60’s with Alex Neri

23. 6 Things We Tell People in Their 60’s with Alex Neri

By |

Financial planning in your 60s is often considered by advisors to be the most important stage of your planning for your retirement. 

But many are confused by contradicting pieces of advice from various different sources.

In this episode, David Pulcini speaks with Alex Neri, CFP®, RICP®, partner at SixPoint Financial Partners, about six pieces of financial advice he would give to clients in their 60s. Alex also includes one BONUS piece of advice that was too important to leave out. 

Alex discusses: 

  • How Social Security plays plays a huge role in your planning in your 60s
  • What Medicare decisions you need to make, and when the “cut-off” is
  • Whether long term insurance will cover your medical expenses in the future
  • Making the most of your pension 
  • How to plan your inheritance properly 
  • And more

Resources:

Connect with David Pulcini: 

Connect with Alex Neri:

About our Guest: Alex Neri is dedicated to helping people meet their financial goals through in-depth discussions and planning. He is a 2014 graduate of Mercyhurst University-Erie, PA where he earned a bachelor’s degree in Finance. He enjoys taking complex issues and breaking them down into simple and manageable financial goals. Specializing in working with individuals and families as Alex works to help them properly manage their retirement assets, develop risk mitigation strategies and uncover and resolve portfolio inefficiencies.

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More
21. 6 Things We Tell People in their 40’s

21. 6 Things We Tell People in their 40’s

By |

Planning for retirement in your forties can be incredibly stressful and overwhelming, which is why many people put off planning for their retirement until they no longer can. This can have financially damaging effects on the future. 

In this episode, David Pulcini covers six major points of financial planning that anyone in their forties needs to hear. These six points will help you to shape a retirement plan today that works for your future tomorrow. 

David discusses: 

  • How to determine how much you will need after retirement
  • How to take full advantage of tax breaks you might not be aware of 
  • How to know if you have the right insurance to take care of you and your family if tragedy strikes 
  • And more

Resources:

  1. “The Importance of Estate Planning — With Attorney Jerry Antetomaso”

Connect with David Pulcini: 

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More

Archives

Categories