Best Advice Podcast Guys

Welcome to the latest episode of Best Advice Podcast, brought to you by Security Financial Management. Hosted by Rob Lovaglio and featuring insights from Mitchell Walk.
This episode dives into the intricacies of Required Minimum Distributions (RMDs) and how they impact retirees. At age 73, retirees need to start withdrawing from their tax-deferred IRAs, but what if you don't need the money yet?
Explore strategic options, such as charitable donations, to manage these mandatory withdrawals effectively. Tune in for expert advice to navigate your retirement funds wisely and avoid potential tax penalties.
 
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In this episode of the Best Advice Podcast, host Rob Lovaglio welcomes Dr. Pat McGreevy, a pioneering figure in applied behavior analysis and special education. Dr. Pat shares his inspirational journey from being a public school teacher for children with severe disabilities in the 1960s to creating a revolutionary curriculum, Essential for Living. Starting as a teacher determined to find better educational methods for children with the most severe disabilities, Dr. Pat's lifelong dedication led to significant advancements in teaching skills that truly impact the lives of those with disabilities.
Through his personal and professional narratives, Dr. Pat discusses the significance of teaching functional skills over academic skills for children who may never read or write but can learn essential life skills such as communication through alternative methods. His book, Essential for Living, offers a unique curriculum designed specifically for individuals with moderate to severe disabilities, emphasizing skills that enhance everyday living and quality of life.
This episode is not only a discussion on special education but also includes Dr. Pat's personal story, including his experiences as a parent to a child with Down syndrome. He shares heartfelt insights into the challenges and rewards of his work and personal life dedicated to improving the lives of individuals with disabilities.

In this eye-opening episode of Best Advice Podcast, hosts Rob Lovaglio, Dave Allen, and Mitch Allen, from Security Financial Management, dive deep into advanced strategies for managing highly appreciated stocks. Learn how to safeguard your stock positions with options like collars, enhance your income through covered calls, and explore the benefits of direct indexing. Tune in to gain insights that could protect your investments and optimize returns, while underscoring the importance of having skilled professionals at your side for these sophisticated strategies.
Listener question from Casey in Lake Nona sparks an engaging discussion on effective ways to handle stocks with a low cost basis and high potential tax liability. Whether you're an experienced investor or just looking for ways to manage your portfolio better, this episode is packed with valuable advice and recommendations.

In this episode of the Best Advice Podcast, join host Rob Lovaglio and the founders of Security Financial Management, Frank Lovaglio and Dave Allen, as they discuss how to stay calm and make informed financial decisions during volatile market periods. They share insights on setting up a portfolio that aligns with your personality and risk tolerance, the importance of staying invested, and why avoiding emotional moves in the market is crucial for financial success. Tune in to learn how to navigate market ups and downs with confidence.

Join host Rob Lovaglio and special guest Dan LaForest from Security Financial Management as they unravel the secret to accumulating significant wealth before hitting retirement age. In this episode, they explore the concept of 'opportunity risk' and emphasize the importance of starting early in the investment journey. Discover how one strategic financial decision can transform your financial future, especially for young people facing today's dynamic markets.
With insights into Roth IRA investments, the FAFSA's new Secure Act 2.0, and guidance for college athletes and young professionals, this episode shines a light on making informed and simple financial choices. Whether you're just starting out or want to steer your loved ones towards financial success, tune in for actionable advice on capitalizing on today's opportunities.

In this enlightening episode of the Best Advice Podcast, host Rob Lovaglio unravels the elusive answer to a question many of us ponder: How much money is enough to retire? With a focus on the 4% rule, Rob delves into the strategies behind sustainable retirement withdrawals, exploring how investments, social security, and part-time jobs can impact your financial future. Learn the importance of withdrawal rates, inflation adjustments, and the historical context of market returns as Rob offers insights into crafting a retirement plan that can last a lifetime. Tune in to discover how you can make your savings work for you and ensure a secure and comfortable retirement.

In this episode, Host Robert Lovaglio and Dan LaForest delve into two popular debt elimination strategies: the Debt Snowball and the Debt Avalanche. Both methods aim to help you get out of debt, but they cater to different mindsets and financial goals. The Debt Snowball strategy focuses on paying off debts from the smallest to the largest balance, offering psychological wins along the way. On the other hand, the Debt Avalanche strategy targets debts from the highest to lowest interest rate, saving you money in the long run. Our experts discuss the pros and cons of each method to assist you in making the best choice for your personal financial journey.

In this episode of the Best Advice Podcast, hosts Rob and Frank Lovaglio share heartfelt Mother's Day memories while diving into innovative strategies for funding a college education. Discover the benefits of 529 plans, including the lesser-known five times gifting rule, and learn about making direct tuition payments to schools without gift tax limits. Explore the potential for unlimited gifts towards medical expenses, all under the current IRS regulations. Whether you're a parent, grandparent, or just curious about financial planning, get insights on maximizing your giving potential while honoring the hardworking mothers in our lives. Don't miss out on this mix of personal stories and practical financial advice!

In this episode of the Best Advice Podcast, hosts Rob Lovaglio and Austin Fatz-Jacks return from the Bahamas and dive into a discussion sparked by a question from Clark in Atlanta. The focus is on Warren Buffett and his enduring impact on the investment world. With news of Buffett's upcoming retirement after a legendary career at Berkshire Hathaway, the hosts share insights into his investment philosophy, highlighting how the company outperformed the S&P 500 over the decades. They explore Buffett's emphasis on buying quality companies at good prices and maintaining a strategic, long-term outlook. Tune in to discover timeless investment wisdom from one of the greatest investors of all time.

In this enlightening episode of the Best Advice Podcast, hosts Rob Lovaglio and Michael Allen welcome Frank St. John, Chief Operating Officer of Lockheed Martin, to share his inspiring journey from a humble intern to a top executive at one of the world's leading aerospace and defense companies.
Frank delves into Lockheed Martin's commitment to innovation, exploring how the company integrates big data, cloud computing, and artificial intelligence for the benefit of its clients with demanding missions. He also highlights the importance of mentorship, teamwork, and maintaining a customer-centric focus.
Furthermore, Frank shares personal anecdotes and insights into his long-standing relationship with Security Financial Management, offering listeners valuable advice on financial planning and building a legacy through donor-advised funds.