Kraig Strom, The Income Engineer
Welcome to the Personal Pension Radio Podcast, where it is all about planning correctly today so that you can sit back and reap the retirement lifestyle benefits later! Discover time tested strategies to help you lower your taxes, cut your expenses, and maximize your lifestyle today without sacrificing your retirement lifestyle or legacy tomorrow. Join us as we help you avoid the junk advice offered by unlicensed financial entertainers and the Wall Street marketing machine. We uncover financial strategies that empower you to break away from the herd. Success does not come from a product or a singular strategy. Savings...
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PPR 275 How To Save $10,000 At Carmax
<p>As a Paralegal and a Certified Financial Planner®, Kraig is uniquely able to assist clients with the careful preparation of asset protection and estate plans. Kraig's team uses a financial-planning approach to ensure that each client obtains the best possible outcomes. With 120 years of combined legal and financial services experience between our team members, we can help you think defensively about protecting your wealth, investments, business intellectual property, and other assets and counsel you through choices you make to prepare for the future.</p> <p> </p> <p>Thanks to the death of private pensions, the devaluation of Social Security ben...
PPR 276 WYS-Dave Ramsey At My Car Show!
<p >I run a great car show every week in Corona CA. It's called Cars & Coffee Corona (@carscoffeecorona) A friend at the show asked me about a YouTube video he watched recently about retirement.</p> <p > </p> <p >He also listens to my podcast and knows how much I love financial entertainers like Dave Ramsey, Suzy Orman, and Chris Hogan. What is a Financial Entertainer? Take a listen. My friend said that Dave Ramsey said that people can get 10% income on their retirement money! Ooohhh really?! I asked him to send me the YouTube video he was referring too and s...
PPR 277 WYS - Identity Theft & Credit Card Risk
<p > With Christmas just around the corner, now is a great time to make sure credit card thieves and identity pirates cannot mess with your world. Identity thieves operate year round and the holiday season is prime time for credit card theft.</p> <p > </p> <p >I am passionate about retirement income planning; however, if you don't protect your assets from creditors, predators, floozys and gigolos - what will your retirement income look like? Think identity theft won't happen to you because you pay for credit monitory? WRONG. Your identity is probably already stolen! Watch this video if you want t...
Boating Derails Retirement
<p>The Wall Street answer to maximum retirement income is to invest more money. That is usually the answer to everything. Lose your dog - you need to invest more money. Flat tire - you must not have invested enough money. Investments are critically important to your retirement happiness; however, protection is often ignored.</p> <p> </p> <p>Protection should be the first thing we talk about in a retirement planning conversation. It does not mater how good your retirement investments are if a civil liability claim blows up your plans. Dave Ramsey says that the answer to retirement is m...
The Lost Science of Retirement
<p>Before 1975, most Americans had two financial powers working for them as they headed up the financial mountain to retirement. 1. Accumulation 2. Actuarial Power in the form of pensions.</p> <p>Today, less than 10% of workers have a pension to look forward too and most of those are government workers. WHY you ask - because governments can afford the pension because they can tax the Populous to pay for them! Did you catch the part about 1975? That is when the IRA and 401k came entered the scene.</p> <p>That means that the primary retirement vehicle for most people is less...
PPR 280 - The Sequence of a Great Retirement
<p>Average rate of return has very little impact on retirement income planning. Yet, financial advisors and financial entertainers like Dave Ramsey often reference average rate of return as part of a retirement conversation. In fact, average rate of return has no place in a maximum retirement income plan. How to make your retirement income last? In this episode, I revisit the concept of sequence of returns risk which is one of the biggest risks to a secure retirement . Reaction to fluctuating rates Draw Rate - not interest rate Everyone wants Dave Ramsey's mythical 12% return in retirement but HOW? Two...
PPR 281 - The Big Reason Charities Stay Small
<p>As a Paralegal and a Certified Financial Planner®, Kraig is uniquely able to assist clients with the careful preparation of asset protection and estate plans. Kraig's team uses a financial-planning approach to ensure that each client obtains the best possible outcomes. With 120 years of combined legal and financial services experience between our team members, we can help you think defensively about protecting your wealth, investments, business intellectual property, and other assets and counsel you through choices you make to prepare for the future.</p> <p>Thanks to the death of private pensions, the devaluation of Social Security benefits and ot...
PPR 282 - Your Cpa & Lawyer Are Wrong
<p>As a Paralegal and a Certified Financial Planner®, Kraig is uniquely able to assist clients with the careful preparation of asset protection and estate plans. Kraig's team uses a financial-planning approach to ensure that each client obtains the best possible outcomes. With 120 years of combined legal and financial services experience between our team members, we can help you think defensively about protecting your wealth, investments, business intellectual property, and other assets and counsel you through choices you make to prepare for the future.</p>
PPR 284 15 vs 30 Year Mortgage 2022
<p>As a Paralegal and a Certified Financial Planner®, Kraig is uniquely able to assist clients with the careful preparation of asset protection and estate plans. Kraig's team uses a financial-planning approach to ensure that each client obtains the best possible outcomes. With 120 years of combined legal and financial services experience between our team members, we can help you think defensively about protecting your wealth, investments, business intellectual property, and other assets and counsel you through choices you make to prepare for the future.</p> <p> </p> <p>Thanks to the death of private pensions, the devaluation of Social Security ben...
Episode #285-The Skyrocketing Cost of Dying in America
<p>Hi there, and welcome to my channel and this video on final expense burial plans. If you're watching this, you're probably looking for information on how to plan for your own final expenses, or perhaps you're helping a loved one make these important decisions. Before we dive into the different options for paying for final expenses, it's important to understand that the cost of burial and cremation in the United States has been steadily increasing over the years.</p> <p>According to the National Funeral Directors Association, the median cost of a funeral with viewing and burial in 2020 was $9,000...
