SML Planning Minute

SML Planning Minute


Latest Episodes

The Social Security Fairness Act: Is it Really Fair?
January 07, 2025

Episode 314 - The President is about to sign the Social Security Fairness Act into law. But is it really fair? And how does it affect Social Securitys solvency?

Dealing with Grief and Your Finances at the Same Time
December 31, 2024

Episode 313 - Its probably the last thing you want to think about if youve just lost your spouse. But no matter who you are, no matter what your situation, financial issues are always there, and no

How Much Money Do You Need to be Considered Wealthy? – Revisited
December 23, 2024

Episode 312 - Do you have enough money to be considered wealthy? A recent survey by Charles Schwab and Company has the answer.

The Biggest Regrets People Have in Retirement, and Lessons for Future Generations
December 17, 2024

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 Cen

How Much Money Do You Need to be Considered Wealthy?
December 16, 2024

Episode 246 - Do you have enough money to be considered wealthy? A recent survey by Charles Schwab and Company has the answer.

Go Beyond Financial Considerations when Deciding to Downsize
December 10, 2024

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?

One Third of People Have More Credit Card Debt Than Emergency Savings
December 03, 2024

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 spotlig

5 Ways to Use Home Equity as a Source for Retirement Income
November 26, 2024

Episode 308 - For many, many people, their home is their biggest asset. Can you use your home to fund a portion of your retirement? Its not ideal, but here are five ideas you can try if you need to.

Six Ideas on How to Manage Debt
November 19, 2024

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.

Behavioral Economics, and How it Affects Your Financial Decisions Revisited
November 12, 2024

Episode 306 - Behavioral economics has become a buzzword over the last few years. But understanding its role in making financial decisions can lead to a better outcome.