Best Advice Podcast Guys

In this engaging episode of the Best Advice Podcast, hosts Rob Lovaglio and Austin Fatz Jacks are joined by Keith Moore, partner and COO of Security Financial Management, for an insightful discussion on tax bracket management. Discover how a strategic 401k contribution can lower your taxable income while boosting your retirement savings.
Listen as the team answers a listener's question about handling year-end bonuses to avoid higher tax brackets and explore the benefits of "double-dipping" for tax savings and long-term wealth growth. Learn practical advice for managing your finances and better understand how wealthy individuals optimize their tax strategies.
Don't miss out on expert tips to maximize your financial well-being and secure your future with effective tax reduction methods. Tune in now for invaluable insights and take control of your financial destiny!

Welcome back to another exciting episode of the Best Advice Podcast, where hosts Rob Lovaglio, Austin Fatz Jacks, and Mitchell Walk dive into the holiday spirit of Thanksgiving. In this special episode, they share what they’re thankful for, which includes family, health, and culinary talents.
The discussion then transitions into crucial financial and health milestones associated with aging. As listeners embark on the journey toward their 40s and beyond, the hosts break down 'important birthdays' that can significantly impact financial planning and benefits. Topics include IRS catch-up contributions starting at age 50, accessing retirement funds penalty-free at age 59½, Medicare benefits at age 65, and much more.
Stay informed with insights from Security Financial Management experts and discover how to make the most out of these pivotal moments to ensure financial security and peace of mind. Whether you’re curious about the perks of being a great cook during the holidays or managing your retirement plan efficiently, this episode is packed with valuable information.

In this festive episode of the Best Advice Podcast, join hosts Rob LaVaglio, Frank LaVaglio, and Mitchell Walk as they dive into the holiday spirit and discuss the much-talked-about Santa Claus Rally. As the holiday season approaches, the hosts share their love for Thanksgiving and the joy of family gatherings, while also exploring the intriguing concept of a sustained increase in the stock market during the Christmas period.The episode kicks off with a celebration of Security Financial Management's sixth consecutive year being voted Best Financial Planning in Winter Park, Florida, highlighting the importance of teamwork and client trust.Listeners are treated to a detailed explanation of the Santa Claus Rally, with insights into its origins, potential causes, and historical performance. Discover how consumer spending, holiday bonuses, and institutional investments may contribute to this seasonal market phenomenon. The hosts also provide a historical perspective on stock market performance, emphasizing the potential for a strong fourth quarter.Tune in for an engaging discussion filled with holiday cheer and valuable financial insights, perfect for both seasoned investors and those new to the world of finance. Remember, the secret to wealth is not just what you earn, but what you keep. Happy holidays and happy investing!

In this insightful episode of the Best Advice Podcast, host Rob Lovaglio is joined by the dynamic father-son duo, Dave and Mitchell Allen, to dive into the fundamentals of financial planning. Sponsored by Security Financial Management, the discussion centers around the transformative power of consistent saving and investing, even with as little as $5 a day. The team explores the concept of compound interest, famously dubbed the "eighth wonder of the world" by Albert Einstein, and how it can significantly impact your financial future.
Listeners are encouraged to consider the potential of redirecting small daily expenses towards investments in an S&P 500 fund, demonstrating how these modest contributions can accumulate to substantial wealth by retirement age. The episode also features a question from Bill in Gainesville, seeking advice on starting a financial plan with SFM, prompting an in-depth discussion on the importance of personalized financial planning tailored to individual goals and circumstances.
With a blend of practical advice and engaging anecdotes, this episode offers valuable insights into how early and consistent financial planning can pave the way for a secure and prosperous future. Tune in to learn more about the significance of starting your financial journey today, and take advantage of a no-cost consultation offered to listeners.

In this episode of the Best Advice Podcast, hosts Rob Lovaglio, Frank Lovaglio, and Austen Jacks dive deep into the topic of retirement planning, focusing on the often-debated "4% rule" for safe withdrawals. Frank shares his four decades of experience to provide insight into how much you can safely withdraw from your retirement savings, while Austin emphasizes the importance of flexibility and strategic planning. The conversation also touches on tax considerations, with a timely reminder about potential changes in capital gains taxes in 2025, especially if you're considering selling highly appreciated assets. Plus, the team discusses the power of positive thinking with a thought-provoking quote: "The magic you're looking for is in the work you're avoiding." Whether you're getting ready for retirement or just starting to plan, this episode is packed with actionable tips to help you make smart financial decisions. Tune in for practical advice on securing your financial future!
Schedule a complimentary consultation with one of our advisors at https://go.oncehub.com/SecurityFinancialManagementSFMadvisorgroup.com
Learn more about the SFM process at
https://www.sfmadvisorgroup.com/what-you-can-expect
 

Welcome back to the Best Advice Podcast, brought to you by Security Financial Management. Join host Rob Lovaglio and co-hosts Austin Fats-Jacks, and Michael Allen as they dive into the latest updates in financial management and small business regulations.
This episode kicks off with a celebration of Michael Allen's recent recognition as one of the top 100 advisors managing over a billion dollars in assets. Following the celebration, the hosts tackle a pressing question from Austin in Orlando regarding the Corporate Transparency Act.
Michael Allen explains the new requirements for small businesses and LLCs to report their beneficial owners, highlighting the penalties for non-compliance. The discussion also covers the purpose of this regulation as a measure against money laundering, and offers practical advice for small business owners on how to comply with the new rules.
The episode wraps up with a reminder of the importance of working with reputable business attorneys and financial planners, underscoring the value of professional guidance in navigating complex regulations. Tune in for valuable insights and advice to help secure your financial future.

In this episode of the Best Advice Podcast, host Rob Lovaglio is joined by financial experts Frank Lovaglio, RFC®, David Allen, CFP®, Mitchell Walk, AAMSC® along with special guest Kara Murphy, CFA® Chief Investment Officer of Kestra Financial. Together, they break down the potential stock market impacts of the 2024 U.S. election, exploring how a win from either Donald Trump or Kamala Harris could affect key sectors. Kara shares her expert insights on the current market dynamics, touching on the influence of major players like NVIDIA and the critical role of maintaining a positive mindset amidst market fluctuations. She also emphasizes the U.S. economy’s resilience, explaining that its strength goes beyond individual leadership. In this thought-provoking discussion, the team delves into long-term investment opportunities, highlighting sectors like value stocks, international markets, and small-cap companies. Kara provides actionable advice on how investors can adjust their portfolios ahead of the election and prepare for the economic shifts leading into 2025. Don’t miss this essential episode for practical strategies and expert tips on building wealth during uncertain times! Subscribe for more expert insights and financial trends from top industry leaders.
Stay informed and follow Market in a Minute with Kara Murphy, Chief Investment Officer of Kestra Investment Management, for quick and insightful updates on the latest market trends and strategies!
https://www.kestrafinancial.com/newsroom/authors/kara-murphy
SFMadvisorgroup.com
Learn more about the SFM process at
https://www.sfmadvisorgroup.com/what-you-can-expect
Consultation with our award-winning team, visit:
https://go.oncehub.com/SecurityFinancialManagement
 

Welcome back to the Best Advice Podcast, hosted by Rob Lovaglio, alongside Dan LaFoorest and Trevor Bell. In this special episode, we dive into the intricacies of Medicare as the annual enrollment period kicks off. The team addresses a flurry of questions from listeners, offering guidance on selecting the right Medicare plan, understanding enrollment periods, and the impact of COVID-19 on medical costs.
We explore the differences between Original Medicare and Medicare Advantage plans, breaking down the concept of "pay now" versus "pay later" and how it influences your healthcare decisions. Our hosts emphasize the importance of evaluating your personal health needs, financial situation, and desired access to healthcare providers to make informed choices.
Additionally, the episode covers the significance of the annual notice of change and how rising costs and network changes can affect your current plan. Dan and Trevor provide expert advice on navigating these challenges and ensuring your plan still meets your needs. As always, they remind listeners that the secret to wealth is not what you earn, but what you keep.
For personalized guidance, listeners are encouraged to schedule a consultation with Dan or Trevor. Tune in for an insightful discussion that aims to simplify the complexities of Medicare and empower you to make the best decision for your health and financial future.

Welcome back to the Best Advice Podcast Guys, hosted by Rob Lovaglio, along with Mitch and Dave Allen. In today's episode, the team kicks off with some 🎉 Exciting news! Security Financial Management is in the running for Best Financial Planner of Winter Park for the 6th year in a row! Show your support and please vote at: vote.winterpark.org Having also won Best Financial Firm in Best of Orlando and Best Financial Firm in Central Florida, we’re proud to continue delivering top-notch financial advice. Join Rob Lovaglio in this informative video as he breaks down the basics of 401(k) plans! Featuring insights from financial advisors David and Mitch Allen, this guide covers everything you need to know about 401(k) accounts, including how they work, the benefits of contributing, and tips for maximizing your retirement savings. Whether you're new to investing or just looking to brush up on your knowledge, this video is your go-to resource for understanding how a 401(k) can help secure your financial future. Don't miss out on expert advice that can make a real difference in your retirement planning! If you'd like a consultation with our award-winning team, visit
https://www.sfmadvisorgroup.com/what-you-can-expect

Today's episode is brought to you by Security Financial Management. Welcome back to the Best Advice Podcast! I'm your host, Rob Lovaglio, here with Austen "Fatz" Jacks. We're excited to kick things off with a segment called "Give Me Something Good."
In this episode, we share a simple yet powerful brain-strengthening technique: brushing your teeth with your non-dominant hand. This small change in your morning routine can help enhance focus, memory, and creativity by engaging the opposite hemisphere of your brain.
We also address a listener question from Bruce in Clearwater, who is looking to start investing at the age of 35. Fatz dives into a commonly overlooked mistake by new investors: carrying a credit card balance and the impact of high-interest rates. Learn why it's crucial to pay off your credit card debt monthly to avoid unnecessary interest payments.
Finally, we wrap up with a quick market update from Mitch, reporting from the SEI 2024 Summit in Scottsdale, Arizona. Mitch discusses the importance of diversification in asset allocation with Brian Huff, a certified financial analyst.
Remember, the secret to wealth is not what you earn; it's what you keep. Happy days, everyone!