The Safe Retirement Money Guy’s Podcast
Bill is a Certified Financial Fiduciary and upholds the highest standards of honesty, fairness, integrity and professionalism. Bill is a native Floridian and was transferred to Michigan in 1995 by his employer at the time, NBD Bank. Bill and his wife Charlotte have been married 45 years and have four adult children and four grandchildren. Bill received his Bachelor of Science Degree from Florida State University with a major in Finance and a minor in Real Estate. Bill has been helping clients manage their financial lives since 1988. Bill spent 13 years in banking as a Trust Officer in Florida and Michigan, 5 years as a broker with Smith Barney in Troy, MI and has owned his own firm since 2004, located in Almont, MI which is 40 miles north of Detroit. At the end of 2014 Bill exited the securities side of his practice to offer only “Safe Money” programs for his clients. While offering “At Risk” investments such as mutual funds, ETFs and individually managed portfolios of stocks ...
Listen on:
Episodes
Thursday May 23, 2024
Thursday May 23, 2024
Bill begins by highlighting the pitfalls of traditional financial planning, where questions about risk tolerance often overshadow crucial inquiries about income needs and guarantees. Drawing parallels between college degree planning and retirement planning, he stresses the necessity of prioritizing financial security over arbitrary investment decisions.
Thursday May 16, 2024
Thursday May 16, 2024
Title: "Don't Worry, Be Happy: Securing Your Retirement with Fixed Annuities"
Summary:
Step into the world of guaranteed retirement happiness with host Bill Duggan on the Safe Retirement Money Guy podcast. In this episode, Bill expertly weaves together insights from Bobby McFerrin's timeless anthem "Don't Worry, Be Happy" with the practical wisdom of retirement planning.
As Bill reflects on McFerrin's song and its universal appeal, he draws parallels to the financial realities facing today's seniors. With a focus on fixed annuities, Bill unveils a path to financial security that transcends mere optimism. He challenges listeners to move beyond the rhetoric of financial advice and confront the harsh truths of retirement planning.
Through a compelling comparison, Bill illuminates the transformative power of fixed annuities in providing guaranteed income and peace of mind. He invites listeners to cast aside the burden of financial worry and embrace a future where retirement dreams become reality.
Saturday May 11, 2024
Saturday May 11, 2024
In this episode, Bill delves into the prevalent yet often misunderstood concept of spend down income planning. He reveals the flaws in traditional spend down strategies, emphasizing the speculative nature of growth estimates and the risks associated with market-based accounts. Bill contrasts this with annuity-based income planning, which offers contractually guaranteed outcomes, ensuring financial security without reliance on uncertain market performance. He dissects the historical 4% withdrawal rule, debunking its effectiveness and highlighting the importance of understanding sequential rate of return risk. Bill advocates for fixed indexed annuity contracts, which provide guaranteed lifetime income, offering a solution to income uncertainty in retirement. Tune in to learn how to safeguard your retirement savings and step into a secure future with confidence.
Thursday May 02, 2024
Thursday May 02, 2024
In this episode, Bill delves into the transformative potential of fixed indexed annuities, shedding light on how these insurance products can shield your retirement funds from the uncertainties of the market.
Wednesday Apr 17, 2024
Wednesday Apr 17, 2024
Host Bill Duggan invites listeners to ponder the contrast between the thrill of success and the agony of loss within the confines of a casino. Drawing a parallel to the unpredictability of market investments, the episode challenges conventional wisdom by proposing a retirement strategy that shields one's hard-earned savings from the relentless whims of market volatility.
Thursday Apr 11, 2024
Thursday Apr 11, 2024
Listeners are encouraged to rethink traditional investment strategies that rely on complex financial instruments and instead consider simpler, more secure options. The episode underscores the significance of proactive financial planning, emphasizing the value of protecting retirement savings from unpredictable market forces.
Tuesday Apr 02, 2024
Tuesday Apr 02, 2024
Bill discusses the importance of understanding how to take your social security benifits.
Monday Mar 18, 2024
Monday Mar 18, 2024
Bill discusses the importance of considering long-term care when planning for your retirement.
Sunday Mar 10, 2024
Monday Mar 04, 2024