Saving With Silverman

It’s time for another mailbag episode! This episode could be very helpful if you’re looking to improve your financial situation and prepare for retirement. We will discuss what to do if your life insurance policy starts charging premiums again, what to invest in that won’t be so volatile, and when to take Social Security.

Listen in as we tackle some current questions from our listeners, and you’ll likely gain some invaluable insights to help you make informed financial decisions.

On today’s show, we’ll share:

• Why is my life insurance policy starting premiums again? (1:39)
• What can I invest in that won’t be so volatile? (3:35)
• Should I take Social Security or withdraw from my retirement accounts? (5:28)

Want to get in touch with Mark? 

Web:

https://silverman-associates.com/home

Email:

[email protected]

[email protected]

Phone:

520.512.8832

520.618.5323

Not everyone needs a financial advisor right away, but some people desperately do. Unfortunately, people can have a hard time understanding which category they fall into. We’ve met with many different clients over the years. During those discussions, we’ve been able to tell who urgently needs our help, who simply needs a little guidance, and who thinks they have it all figured out. Listen to today’s show and find out what financial help you might need at different life stages, as Mark shares some first-hand insights on the benefits of financial planning.   

On today’s show, we’ll share:

• Someone who thinks they don’t need an advisor, but they really do. (2:15)
• Someone who thinks they need an advisor, but they really don’t. (3:35)
• Someone who needs financial planning help but not necessarily investing help. (5:26)

Want to get in touch with Mark? 

Web:

https://silverman-associates.com/home

Email:

[email protected]

[email protected]

Phone:

520.512.8832

520.618.5323

In the complex world of financial planning, there are countless pitfalls one could fall into as you approach retirement. In this episode, we’ll share some common mistakes we see people make all the time. Avoiding these crucial missteps can have a significant impact on the success of your retirement plan. We'll delve into these key issues and learn how to navigate them effectively when it's your turn to plan for retirement. 

Here’s what we’ll discuss on today’s show:

• Investing at age 59 the same way that you invested at 39 (1:56)
• Starting Social Security without a plan or strategy (3:03)
• Focusing on tax preparation, but not tax planning (4:33)

Want to get in touch with Mark? 

Web:

https://silverman-associates.com/home

Email:

[email protected]

[email protected]

Phone:

520.512.8832

520.618.5323

Is there really such a thing as having predictable, guaranteed income in retirement? Maybe the question is really “guaranteed by whom?” In this episode, we’ll discuss some of the retirement income sources that people might view as predictable but really aren’t certain.

On today’s show, we’ll share:

• Is predictable, guaranteed income in retirement really a thing? (1:35)
• What are some examples of predictable income? (2:19)
• Why you need a diversified portfolio. (3:09)

Want to get in touch with Mark? 

Web:

https://silverman-associates.com/home

Email:

[email protected]

[email protected]

Phone:

520.512.8832

520.618.5323

Today’s topic may be a difficult one to consider, but it is a very important one at the same time. If you were to lose your spouse, what steps should you take to manage your finances? In today’s episode, we are going to share some real-life examples and cover the most common questions and challenges we’ve seen clients face after losing a loved one.

On today’s show, we’ll share:

• What are the main questions people ask after their spouse dies? (1:16)
• What are the immediate challenges people face after their spouse dies? (2:47)
• We share a story about a widowed spouse who was left in a difficult position. (4:50)

Want to get in touch with Mark? 

Web:

https://silverman-associates.com/home

Email:

[email protected]

[email protected]

Phone:

520.512.8832

520.618.5323

Yogi Berra was a sports icon and one of the most quotable people to ever live. And when we look at some of his quotes through the right prism, they can teach us some lessons about financial planning. In today’s episode, we’ll have a little fun with some of these quotes to see what financial wisdom we can pull from them.

On today’s show, we’ll share:

• I never said most of the things that I said. (2:05)
• A nickel ain’t worth a dime anymore. (3:39)
• When you come to a fork in the road, take it. (5:37)

Want to get in touch with Mark? 

Web: https://silverman-associates.com/ 

Phone: 520.512.8832

Email: [email protected]

When it comes to financial planning, it’s OK to admit that you don’t know the answer to something. The real danger is thinking you know the answer to something when you actually have it all wrong. 

Today we’re discussing some of the things people think they know, but in reality they really don’t. Even with all the information that’s available to us everyday, there are still plenty of aspects of finances and retirement planning that can be confusing and hard to process. So let’s try to sort some of that out on this episode and help level up your financial knowledge.

On today’s show, we’ll share:

• How much income you’ll need in retirement. (2:12)
• When to jump in or out of the market. (4:14)
• Whether to have life insurance and how much. (5:26)

Want to get in touch with Mark? 

Web: https://silverman-associates.com/ 

Phone: 520.512.8832

Email: [email protected]

Last year was a rough year in the market, but it’s hard to attribute it to any one particular trend. It was more a confluence of various factors. On today’s show, we’ll review some of the absolute worst days, weeks and years in market history, what caused them and what we learned.

On today’s show, we’ll share:

• What happened on Black Tuesday? (2:03)
• How did the Dot Com crash affect us? (2:41)
• What happened when the markets reopened on Sept. 17, 2001? (3:30)

Want to get in touch with Mark? 

Web: https://silverman-associates.com/ 

Phone: 520.512.8832

Email: [email protected]

It’s time for another mailbag episode, and we have some great topics to discuss. This episode could really help if you’re looking to improve your financial situation and prepare for retirement.

We will discuss whether to take expensive trips, how to prevent your children from having hurt feelings over your will and when to pay extra on your mortgage. Listen to hear some of the questions our listeners have, and maybe you’ll gain some valuable knowledge from our answers!

On today’s show, we’ll share:

• Should I take this expensive trip? (2:12)
• What’s the best way to keep my kids from having hurt feelings over my will? (4:01)
• Should I pay extra toward my mortgage? (5:32)

Want to get in touch with Mark? 

Web: https://silverman-associates.com/ 

Phone: 520.512.8832

Email: [email protected]

When you think about the word “generosity,” what comes to mind? Maybe money or time spent helping others. We’ve all known generous people in our lives – and those who didn’t have this trait – but generosity can take many forms.

On today’s show, we’ll share some examples of generosity and how that can work with your overall financial plan.

On today’s show, we’ll share:

• What does it mean to be generous? (1:36)
• An example of a naturally generous person. (3:05)
• Do some people give away too much money? (3:44)

Want to get in touch with Mark? 

Web: https://silverman-associates.com/ 

Phone: 520.512.8832

Email: [email protected]