SML Planning Minute

Episode 325 – Should you buy a life insurance policy on your newborn or young child? Here are five things to consider. Continue Reading Five Reasons to Purchase Life Insurance for Your Children

Episode 322 – There’s bad news everywhere you look. Political polarization in the USA, war in the Middle East, and natural disasters all over the place. But what if things are actually better than we realize? Here are some reasons to celebrate. Continue Reading Are These the Good Old Days? – Revisited

Episode 321 – Can money buy you a longer life? Surprisingly, in some cases it can. Continue Reading Can Money Buy You a Longer Life?

Episode 320 – Financial infidelity is a real thing. And the problem may be worse than most people realize. Two new surveys provide us with some fascinating details. Continue Reading Financial Infidelity is a Real Thing

Episode 319 – Life doesn’t necessarily get easier when you accumulate wealth. There’s always something to worry about, and at some point, if you’re lucky, your worries evolve from accumulating your wealth to protecting it. If you’re worried about future generations destroying the wealth you’ve worked to accumulate, a spendthrift clause could help ease your mind. Continue Reading What is a Spendthrift Clause, and When Do People Use It?

Episode 318 – Generation Z, born after 1996, is just getting started with their financial lives. How are they doing so far? Continue Reading Is Gen Z Falling Behind Already?

Episode 317 – Be on the lookout. Internet scams are getting more sophisticated. Here are five ways to help protect yourself. Continue Reading Five Ways to Help Protect Yourself from Scams in 2025

Episode 315 – Can you write your own will simply by recording a video with your cell phone? Not so fast, a Montana court has ruled. In many cases, it needs to be in writing Continue Reading What Counts as a Will?

Episode 313 – It’s probably the last thing you want to think about if you’ve just lost your spouse. But no matter who you are, no matter what your situation, financial issues are always there, and no matter how difficult, you’re going to have to address them. Continue Reading Dealing with Grief and Your Finances at the Same Time

Episode 312 – Do you have enough money to be considered wealthy? A recent survey by Charles Schwab and Company has the answer. Continue Reading How Much Money Do You Need to be Considered Wealthy? – Revisited

Episode 311 – There is so much that younger generations can learn from their elders. Not just from the things they got right, but from the things they got wrong. A recent study by the TransAmerica Center for Retirement Studies can help young people figure out some of the things they can do for their own future by avoiding the same mistakes. Continue Reading The Biggest Regrets People Have in Retirement, and Lessons for Future Generations

Episode 310 – When you get past a certain age, downsizing always seems to sound like a good idea. But is it really? What are the really important considerations you need to keep in mind? Continue Reading Go Beyond Financial Considerations when Deciding to Downsize

Episode 309 – According to a recent study, an astounding 36% of Americans have more credit card debt than emergency savings, and 27% have no emergency savings at all. These sobering statistics spotlight a glaring hole in many Americans’ finances. If this is you, how do you start to climb out? Continue Reading One Third of People Have More Credit Card Debt Than Emergency Savings

Episode 308 – For many, many people, their home is their biggest asset. Can you use your home to fund a portion of your retirement? It’s not ideal, but here are five ideas you can try if you need to. Continue Reading 5 Ways to Use Home Equity as a Source for Retirement Income

Episode 307 – According to an estimate by Experian, the average American adult holds $6,501 in credit card debt. Is there a way out? Here are six things that you might want to try. Continue Reading Six Ideas on How to Manage Debt