In the News

The Big 3 Risks to your Retirement

The Big 3 Risks to your Retirement – Chris Boyd and Jeff Perry review and comment
about the potential risks to financial plans during retirement years. Included in this
discussion is “LONGEVITY RISK” or how long your money needs to last. The next risk
reviewed is “INFLATION RISK” and the need for your income to keep up with rising
costs over the years. Finally, Chris and Jeff discuss “MARKET RISK” which means
being able to tolerate how markets may fluctuate dramatically over time.
For more information or to reach Chris Boyd or Jeff Perry, click the below link:
https://www.wealthenhancement.com/s/advisor-teams/amr

1,000!

1,000! – This episode marks the #1,000 podcast of Something More with Chris Boyd!
Jeff Perry joins Chris as Chris reflects on his motivations for starting the radio show and
podcast almost 17 years ago. Chris also talks about his favorite segments and most
interesting guests. Chris shares his personal thoughts and discusses the future of the
podcast moving forward. At the end of the segment, Chris announces a complimentary
“Money Tree” gift to listeners who write in.
For more information or to reach Chris Boyd or Jeff Perry, click the below link:
https://www.wealthenhancement.com/s/advisor-teams/amr

More Rules of Thumb

More Rules of Thumb – Chris Boyd and Jeff Perry go back to a recent
conversation of common financial rules of thumb. They start off by defining the
term “net worth”. Chris reflects on the book “The Millionaire Next Door” and Jeff
mentions a financial calculation that compares one’s net worth against their
income. Next the duo explains the Rule of 72 and how it is helpful when doing
quick calculations of when an investment is expected to double. The often-
discussed term of Financial Freedom is deliberated in the context of a formula of

one’s annual expenses. Chris closes out the segment with an explanation of the 4%
withdrawal rate for retirement assets with cautions of depending solely on rules of
thumb.
For more information or to reach Chris Boyd or Jeff Perry, click the below link:


https://www.wealthenhancement.com/s/advisor-teams/amr

What if you don’t need your RMD?

What if you don’t need your RMD? – Chris Boyd and Jeff Perry dig into the
commonly asked question of what to do with Required Minimum Distributions
(RMDs) when you don’t need the money, and would like to avoid the resulting
income taxes. Chris and Jeff converse about how frequent it is for clients to reach
an age when the IRS requires you to start withdrawing money from retirement
accounts that you don’t need to tap into just yet. Chris and Jeff discuss various
options of how to invest, spend, or give to a charitable cause. (See reference article
at the link below).
https://finance.yahoo.com/news/rmds-dont-money-yet-140430152.html
For more information or to reach Chris Boyd or Jeff Perry, click the below link:
https://www.wealthenhancement.com/s/advisor-teams/amr

Picking up the Pieces

0Picking up the Pieces – Brian Regan joins Chris Boyd and Jeff Perry for this
episode to discuss Brian’s recently written article titled “Picking up the Pieces”.
Brian starts off with his straightforward commentary of what he calls the “Cult of
Private Investments”. The dialogue shifts to the debate of hiring a financial
advisor compared to simply buying index funds. The trio next offers their thoughts
on why high yield savings accounts are so popular and when it is prudent to use
one. Brian next shares his thoughts on why Municipal Bonds are not that
attractive in most circumstances. To conclude this segment Chris, Brian and Jeff
dig into investment returns and how they are compared and should be compared
against a benchmark.
For more information or to reach Chris Boyd or Jeff Perry, click the below link:
https://www.wealthenhancement.com/s/advisor-teams/amr

In the News

In the News – With no shortage of newsworthy topics to discuss, Chris Boyd and
Jeff Perry review popular news stories of the week. On a lighter note, Chris and
Jeff start off with expressions of appreciation for moving our clocks one hour
ahead to Daylight Savings time. The duo shifts to the political topic of President
Biden and former President Trump basically locking up their respective primaries.
Chris and Jeff speculate what could happen to change this expected election
rematch. The segment ends with a review of the week’s economic data, including
the CPI, PPI, and unemployment numbers.
For more information or to reach Chris Boyd or Jeff Perry, click the below link:


https://www.wealthenhancement.com/s/advisor-teams/amr

Rules of Thumb

Rules of Thumb – Chris Boyd and Jeff Perry dig into a variety of financial generalized
rules of thumb when it comes to personal finance ratios. Chris starts off by questioning
Jeff on his views about how much is too much regarding common family purchases such
as home costs and automobile buying. Chris and Jeff debate the best way to approach
student debt and student loans (they don’t exactly agree). Jeff asks questions to Chris
about common rules when it comes to how much one should be saving for retirement.
Jeff next asks Chris for his view of how risk exposure to stocks changes as an investor
grows older.

In the News

In the News – Chris Boyd and Jeff Perry start of this segment with commentary
about the current state of the news in America and the lack of unbiased sources of
current events. The conversation shifts to the topic of the growing national debt. Jeff
highlights a variety of data points from the US Debt Clock (see link below). Chris and Jeff
reflect on recent statements by Jamie Dimon about the future negative economic
impacts of the national debt. Chris and Jeff turn to Federal Reserve Chairman Jerome
Powell’s statement and testimony to Congress this week and its impact on the markets.
Chris and Jeff discuss the assorted topics of interest rates, economic data and the
influences of elections and politics.


https://usdebtclock.org/

Tax Guide Offer

Tax Guide Offer – Chris Boyd and Jeff Perry welcome listeners to an entertaining
discussion announcing that the Something More Podcast is approaching its 1000 th
episode. The pair share planning thoughts to celebrate the milestone. Chris and Jeff shift
the discussion with an offer to listeners of a complimentary 2024 Income Tax
Guidebook. Chris and Jeff summarize the topics in the guidebook, including tax brackets,
exemptions, credits, records retention and more. The segment concludes with Chris
telling a personal story of the excellent customer service he recently received from a
local locksmith.