Pathfinder Wealth Management, Inc.

Practical Strategies for Protecting Retirees Against Scams & Fraud

Posted on April 16, 2024 by Walter Storholt

As much as any other threat, recognizing and avoiding scams has become a necessary skill for today’s retirees to develop. Join us as we explore crucial steps you can take to safeguard your financial well-being against the growing tide of scams and identity theft. Learn from real-life stories and gain practical advice to keep your finances secure in this digital era, all from the perspective of a seasoned financial professional. […]

Best of Mailbag Questions (Part 2)

Posted on April 3, 2024 by Walter Storholt

We’re back with another special edition of the podcast for you today! We’ve pulled more of our favorite mailbag questions from prior episodes and compiled them into one conversation for you. In this week’s show, Barbara and Phil talk about making financial decisions after a real estate sale, long-term care coverage, and ethical considerations in investing. […]

Best of Mailbag Questions

Posted on March 20, 2024 by Walter Storholt

We’ve got a special edition of the podcast for you today! We’ve pulled some of our favorite mailbag questions from prior episodes and compiled them into one conversation for you. Stay tuned as Barbara and Phil discuss tax laws, pensions for federal employees, traveling in retirement, and more. Don’t miss the opportunity to learn from real-life financial planning scenarios! […]

Mailbag: Gifting Money, Financial Indecision, Retirement Spending, and More!

Posted on March 5, 2024 by Walter Storholt

Welcome back to the Retirement Pathfinder. We’ve got some mailbag questions for you to enjoy today! Dorothy wishes to financially support her daughter and grandchild, who are facing challenges due to the newborn’s extended hospital stay, but isn’t sure about the tax implications and feasibility. Charles has been pinching pennies for 10 years in retirement and wonders whether he should start spending more liberally and travel more often. Click the play button to see what you can learn! […]

How One Overlooked Issue Can Sink Your Retirement

Posted on February 21, 2024 by Walter Storholt

Imagine your retirement plan as a ship sailing toward a horizon of rest and relaxation. But what if one leak could sink it all? In today’s episode, we spotlight some of the single oversights that could send your dreams to the bottom. We’ll share key strategies to plug the gaps, ensuring your financial ship stays buoyant and on course. Tune in to protect your future from the one mistake that could derail everything. […]

Are Your Good Money Habits Holding You Back?

Posted on January 31, 2024 by Walter Storholt

This episode might be a bit counterintuitive. We’re going to question the real impact of common financial habits. Are the strategies you consider beneficial actually working in your favor? We explore the pros and cons of practices like ignoring account statements and strict budgeting. Join us for a practical discussion, as we uncover the unexpected effects of everyday money decisions. Are your good money habits holding you back? Are Your Good Money Habits Holding You Back? […]

With Higher Interest Rates, Is “Lazy Money” Still A Concern In 2024?

Posted on January 17, 2024 by Walter Storholt

Is ‘Lazy Money’ still a concern in 2024’s higher interest rate landscape? In this episode, we explore this question, examining how the recent rise in interest rates affects the money sitting in savings accounts, CDs, and conservative investments. We’ll discuss the new dynamics of managing your funds in a world where traditional saving methods are seeing better returns. Are these options now a viable part of a savvy investment strategy, or are there still better ways to make your money work harder for you? […]

Mailbag: Are Year-End Charitable Donations Still Tax-Beneficial?

Posted on January 4, 2024 by Walter Storholt

In this week’s mailbag episode, Dan asks whether the changes in tax laws in recent years have affected the tax benefits of his charitable donations. Amy asks if her approach of not rushing to pay off debt, utilizing a Home Equity Line for major expenses, and prioritizing retirement savings is advisable. Listen in as Barbara and Phil tackle these questions (and a few more) in today’s show! […]

Patience Pays: The Power of Delayed Gratification

Posted on December 20, 2023 by Walter Storholt

Sometimes it’s hard to make financial sacrifices when the reward might not be seen until several years in the future. Today we’ll talk about some of the situations where you might be inclined to take the immediate benefit when you should really consider the delayed rewards. […]

Mailbag: I’ve Maxed Out My 401(K)- Where Should I Invest Additional Money?

Posted on December 6, 2023 by Walter Storholt

Join us for a great mailbag episode today! This is your chance to gain valuable insights from the financial questions of our listeners. In today’s show, Chris asks where to invest additional money for retirement since he is already maxing out his 401(k). Tony asks if he needs a will, trust, or both to evenly split two rental properties between his sons after he passes. Tune in to see how Barbara and Phil answer these questions and more. […]