If you are older and you have money, you are the prime target for financial scams, and there are a lot of them out there. What can you do to avoid becoming a victim and instead become an advocate for yourself and others? We’ll talk about that and tell you how to spot scams before they’re able to take advantage.

This ‘elder fraud’ has been on the rise in recent years and the sad reality is people over the age lost $3.4 billion to scams in 2023, according to the FBI. There isn’t a week that goes that we don’t have someone telling us about their own personal experience of being targeted in one of these common scams, and things are only getting more sophisticated with the improvements in technology.

Join us today to learn about the latest scams targeting retirees, how to protect your finances, and steps you can take to safeguard your retirement.

Here’s some of what we discuss in this episode:

0:00 – Intro

1:20 – The amounts are staggering

3:55 – Why is the older demographic targeted?

7:10 – What to look out for

13:30 – Ways to protect yourself

18:50 – Become an advocate

About Retirease Radio:

Retirease Radio is hosted by Victor J. Medina, a Certified Elder Law Attorney (CELA®) and a Certified Financial Planner (CFP™). Founder of Medina Law Group & Palante Wealth Advisors, Victor and his companies are dedicated to empowering people through education about estate planning and their finances.

Join and start receiving retirement tools: www.retirease.com

Watch the show on YouTube: https://bit.ly/48pTfhf

As you approach retirement, one of the most significant changes you'll experience is the amount of time you spend with your spouse. After years of balancing work, raising children, and managing day-to-day responsibilities, retirement offers an opportunity to reconnect and rediscover each other.

This transition, however, also comes with its own unexpected set of challenges. Today we’ll explore the complexities of marriage in retirement and offer actionable advice to help you navigate this new phase of life. By prioritizing communication, planning, and regular check-ins, you can navigate this transition successfully and enjoy a fulfilling and harmonious retirement with your spouse.

Here’s what we discuss in this episode:

0:00 – Intro

3:07 – New set of challenges

5:48 – Getting on the same page

9:50 – Working towards a goal

14:14 – Meet and discuss consistently

19:09 – Our discussions with clients

24:39 – Actions you can take now

About Retirease Radio:

Retirease Radio is hosted by Victor J. Medina, a Certified Elder Law Attorney (CELA®) and a Certified Financial Planner (CFP™). Founder of Medina Law Group & Palante Wealth Advisors, Victor and his companies are dedicated to empowering people through education about estate planning and their finances.

Join and start receiving retirement tools: www.retirease.com

Watch the show on YouTube: https://bit.ly/48pTfhf

Retirement is often seen as a time to relax and finally enjoy the fruits of decades of hard work. But for many retirees, the idea of completely stepping away from work is not appealing. Instead, they are finding ways to stay busy, contribute to their communities, and even enhance their retirement experience through part-time jobs.

In this episode, we dive into the growing trend of retirees taking on part-time work. Whether it's out of financial necessity or a desire to stay active, many retirees are discovering that part-time jobs offer a host of benefits beyond just a paycheck.

One fascinating story we discuss is that of a married couple who turned their part-time jobs in the travel industry into a way to fund their retirement adventures. But part-time work in retirement isn't just about financial benefits. It can also provide a sense of purpose and community. Many retirees find joy in volunteer work or mission-based travel, where they can use their skills and experience to make a positive impact on others. Whether it's coaching a sports team, teaching English abroad, or participating in church missions, these opportunities allow retirees to stay active and engaged while giving back.

For those considering part-time work in retirement, flexibility is key. Having a solid financial plan in place can provide the freedom to choose jobs that are fulfilling and enjoyable, rather than out of necessity. At Palante Wealth, we emphasize the importance of comprehensive retirement planning, addressing not just finances but also health, relationships, and personal development.

Here’s some of what we discuss in this episode:

0:00 – Intro

1:16 – Travel perks & part-time work

3:38 – Trend of older workers
7:52 – What clients typically do

12:01 – Two places to look for work

16:19 – Tips for finding work

About Retirease Radio:

Retirease Radio is hosted by Victor J. Medina, a Certified Elder Law Attorney (CELA®) and a Certified Financial Planner (CFP™). Founder of Medina Law Group & Palante Wealth Advisors, Victor and his companies are dedicated to empowering people through education about estate planning and their finances.

Join and start receiving retirement tools: www.retirease.com

Watch the show on YouTube: https://bit.ly/48pTfhf

May is ‘Better Sleep’ month and it’s no secret how important good sleep is to health, longevity and overall happiness. That’s especially true for retirees because as we get older, our sleep gets worse and worse.

In this episode, we're discussing the often-overlooked aspect of retirement fulfilness: sleep quality. Join us with Victor as we discuss the importance of sleep for your health and happiness, share personal struggles and tips for better rest, and explore how sleep patterns change post-retirement. Don't miss out on understanding how to catch those elusive Z's and wake up to a more vibrant retirement.

Here’s some of what we discuss in this episode:

0:00 – Intro

2:00 – Sleeping routine

4:49 – Health challenges

8:36 – Understanding sleep cycles

12:13 – What can you do?

15:24 – Committing to improvement

17:20 – Sleep technology

19:23 – What works?

About Retirease Radio:

Retirease Radio is hosted by Victor J. Medina, a Certified Elder Law Attorney (CELA®) and a Certified Financial Planner (CFP™). Founder of Medina Law Group & Palante Wealth Advisors, Victor and his companies are dedicated to empowering people through education about estate planning and their finances.

Join and start receiving retirement tools: www.retirease.com

Watch the show on YouTube: https://bit.ly/48pTfhf

In the bustling world of parenting, where the to-do list seems never-ending, there’s a new beacon of hope — grandparents. Being a grandparent can have a significant impact on the success and health of one's retirement, and today we’re going to talk about the physical, emotional, and financial benefits.

Being an active and engaged grandparent can have numerous benefits, which we’ll dive into by discussing a study from Finland. It provides an opportunity to remain involved with younger generations, stay mentally sharp, and maintain an active lifestyle. Grandparents also have the chance to pass on wisdom and create lasting memories with their grandchildren. Additionally, there are financial benefits, such as the ability to provide support and assistance to family members while still alive, and the potential for reduced expenses by engaging in activities with grandchildren that don't require significant spending.

Join us as we talk about the important role that grandparents play and explain how it fits into our Retirease approach to retirement.

Here’s some of what we discuss in this episode:

00:00 - Introduction and the Impact of Being a Grandparent on Retirement Success

01:44 - The Benefits of Active and Engaged Grandparenting

04:44 - Passing on Wisdom and Creating Lasting Memories

15:51 - Financial Benefits of Being a Grandparent

See the study here: https://www.tandfonline.com/doi/full/10.1080/00324728.2023.2287493

About Retirease Radio:

Retirease Radio is hosted by Victor J. Medina, a Certified Elder Law Attorney (CELA®) and a Certified Financial Planner (CFP™). Founder of Medina Law Group & Palante Wealth Advisors, Victor and his companies are dedicated to empowering people through education about estate planning and their finances.

Join and start receiving retirement tools: www.retirease.com

Watch the show on YouTube: https://bit.ly/48pTfhf

April isn't just about welcoming warmer weather; it's also Financial Literacy Month, a time to focus on our fiscal health and future. This episode will do just that, and it's an essential listen for anyone looking to secure their golden years with confidence and clarity.

A study used posted by the American College of Financial Services used a Retirement Confidence Scale based on the respondent’s self-reported confidence that they will feel financially secure, have enough money to live comfortably, and do a good job handling their investments throughout retirement. Those who scored better in financial literacy were more confident in their retirement. We’ll journey through the critical elements of retirement planning, from understanding different types of IRAs to the intricacies of gift taxes. It's an engaging dialogue that isn’t meant to just inform but also inspire action.

Here’s some of what we discuss in this episode:

0:00 – Intro

0:56 – Importance of financial literacy

2:35 – Study findings

8:40 – Correlation with earnings

11:58 – Retirement falls on you

19:10 – Traditional vs Roth IRA

23:32 – Retirement annuity

26:28 – After-tax accounts

18:08 – Mutual Funds and ETFs

31:13 – Gift tax

About Retirease Radio:

Retirease Radio is hosted by Victor J. Medina, a Certified Elder Law Attorney (CELA®) and a Certified Financial Planner (CFP™). Founder of Medina Law Group & Palante Wealth Advisors, Victor and his companies are dedicated to empowering people through education about estate planning and their finances.

Join and start receiving retirement tools: www.retirease.com

Watch the show on YouTube: https://bit.ly/48pTfhf

Do you have goals for your retirement? Do you even know how you would set them? Many people look at retirement as the finish line, but goal setting is a key piece of unlocking your true potential once you’ve stopped working.

In this video, we’re going to walk you through how to create goals for your retirement so you can achieve all those things you dream about. We’ll start by explaining the power of goal setting and how it serves a much bigger purpose in retirement. Then we’ll help you identify the types of goals that might align with your interests and passions. And we’ll close it all out by providing you with an effective approach to setting and following through with the goals that you create.

Here’s what we discuss in this video:

0:00 – Intro

2:38 – Goal setting into retirement

5:28 – Serves a bigger purpose

9:30 – Time and health

10:57 – Challenge of setting goals

13:35 – Categories of goals

19:36 – SMART approach to goal-setting

28:39 – Overcoming obstacles

About Retirease Radio:

Retirease Radio is hosted by Victor J. Medina, a Certified Elder Law Attorney (CELA®) and a Certified Financial Planner (CFP™). Founder of Medina Law Group & Palante Wealth Advisors, Victor and his companies are dedicated to empowering people through education about estate planning and their finances.

Join and start receiving retirement tools: www.retirease.com

Watch the show on YouTube: https://bit.ly/48pTfhf

In order to be able to truly enjoy retirement, health has to be a priority and Retirease focuses on the steps you need to take to maximize your golden years.

In this episode, we are going to explore the essential non-financial elements that contribute to a truly fulfilling retirement, emphasizing the crucial bond between physical and mental well-being. You'll gain valuable insights on how to preserve your health and stave off the decline many fear as retirement approaches. With actionable advice on confronting common health concerns, this conversation is a must-hear for anyone eager to maximize their golden years.

Discover practical strategies to enhance mobility and flexibility, including yoga and isometric exercises, and learn how these can be seamlessly integrated into your daily routine without the need for a gym. We also touch on the significance of diet and mental health in preventing chronic conditions and the surprising link between cognitive diseases and sugar intake. Our conversation is not just about planning for the future; it's about ensuring that future is as vibrant and fulfilling as possible.

Here’s some of what we discuss in this episode:

0:00 - Intro

1:57 – Importance of health in retirement

5:24 – Ways to improve your health

11:48 – Common health concerns

17:19 – Steps to take today

21:21 – Accountability

About Retirease Radio:

Retirease Radio is hosted by Victor J. Medina, a Certified Elder Law Attorney (CELA®) and a Certified Financial Planner (CFP™). Founder of Medina Law Group & Palante Wealth Advisors, Victor and his companies are dedicated to empowering people through education about estate planning and their finances.

Join and start receiving retirement tools: www.retirease.com

Watch the show on YouTube: https://bit.ly/48pTfhf