Tune in to the Retirement Ready radio show on Milwaukee’s WTMJ 620 AM at 1:00 pm every Saturday. Listen live here: http://www.wtmj.com/listen-live
LIVE call in questions dial 414-799-1620 to connect to the WTMJ 620 AM studio.

 


Recent Shows


 


2015-2016 Show Archive

 

Gift to Yourself in 2017 – Dec. 31

You likely spent the last few weeks giving to others. As we begin the New Year, today we’re going to talk about giving a gift to YOURSELF! What if there was a way to give a gift that can benefit you and others down the road? Tony Drake talks about how to gift yourself in a new way!


Interest Rate and Your Retirement – Dec. 17, 2016

The Federal Reserve voted to raise the key interest rate by 0.25%. This is only the second time in a decade the rate has gone up! Unlike the rate hike last year, this move is expected to be one of multiple increases over the next several months. Tony Drake, CFP® talks about how the rate hike could affect everything from buying a home to paying off student loans to saving for retirement.


When Should You Retire? – Dec. 10, 2016

You’ve spent decades preparing, but how do you know when it’s actually time to retire? We’ll take a look at how you can figure out whether you’re ready.


Giving Back in Retirement – Dec. 3, 2016

Charitable giving is at an all-time high, and Baby Boomers are leading the way! In fact, more than half of all donations will come from retirees by the year 2025.


Trump & Retirement – November 26, 2016

President-elect Donald Trump is releasing more details about his agenda when he takes office in January. We’ll take a look at what the election outcome means for retirement in America.


Thanksgiving Checkup Financial Elder Abuse – November 19, 2016

Whether it’s stolen property or a forged signature — each year, America’s elderly population loses $2.6 billion due to financial abuse. 90% of the time the abuse is at the hands of someone they know. If you’re getting together with loved ones this Thanksgiving… there are signs you can look for that could indicate abuse.


Prepping Your Finances for 2017 – November 12, 2016

The most important item on your year-end “to-do” list may not be related to your holiday shopping or parties. Checking your financial list twice could be the best gift you give yourself and your family. We’ll run through smart moves to make before the calendar flips to 2017!


Daylight Financial Savings in 60 Minutes or Less – November 5, 2016

We get an extra hour on November 6th, thanks to the end of Daylight Saving Time. Many of us will probably use the time to sleep in, but why sleep when you can save money instead?! We’ll talk about the things you can do in 60 minutes or less that will save you big time down the road.


Future of Social Security – October 29, 2016

With a new president about to take office, we are all wondering what the future holds. One issue weighing on the minds of many Americans is Social Security. Will it still be around when we retire? We’ll go over the future of Social Security, where the candidates stand and strategies to help you plan for retirement.


Retirement Fears – October 22, 2016

Ghouls and ghosts are scary, but your retirement doesn’t have to be! With Halloween fast approaching, Financial advisor Mike Williams with is here to put your retirement fears to rest.


Retirement Crisis – October 15, 2016

It’s recently been suggested that the U.S. isn’t facing one retirement crisis … it’s facing three! We’ll take a look at the areas where Americans are struggling and what they can do to change the trend.


Singles in Retirement – October 8, 2016

There’s a growing group of retirees – single women. In 2014, more than half of women over the age of 65 were unmarried. We’re going to look at retirement planning for singles.


Money Habits of the Rich – October 3, 2016

A new report shows how much the richest Americans have saved for retirement. We’re going to look at the habits that rich people have with their money that we can all adopt.


Working in Retirement – September 24, 2016

Working into retirement has become common for many seniors in America, and many are working because they have no choice. We talk about an increase in “old person jobs” and what you can do to avoid having to work through retirement.


Retirement Then vs Now – September 17, 2016

Retirement used to be fairly predictable. Social Security and pensions provided most of your income and a retiree’s biggest concern was whether to play golf or tennis. But, gone are the days of predictability! We’re going to talk about how planning for the golden years has changed and how to get on track with your planning.


Estate Planning – September 10, 2016

In this world, nothing can be said to be certain, except death and taxes. But what happens when the two meet? The estate tax – or sometimes called “death tax” – is a one of the most hotly debated taxes. Financial advisor Ryan O’Leary joins the Retirement Ready radio show to explain what the estate tax is, who has to pay it and how to reduce your bill.


Car Shopping Season – September 3, 2016

Labor Day Weekend is here! It’s a great time to have one last summer BBQ and go car shopping! Dealerships are making it easier to score that fancy ride with discounts and deals and lots of options for financing. But, how do you know how much car you can afford? Financial advisor Mike Williams joins us to tell us why it pays to do the math before you drive that shiny new ride off the lot.


Finances of Retirement – August 27, 2016

So, you’ve spent your entire career saving for retirement. And now that it’s here, you want to make sure it lasts. Financial advisor, Mike Williams discusses how to figure out how much you can safely withdraw.


Putting Off Saving for Retirement – August 20, 2016

Excuses, excuses. We all have them – reasons why we procrastinate on everything from our holiday shopping to taking out the trash. But, when it comes to saving for our financial futures, why do we wait? Financial advisor Ryan O’Leary looks at the top excuses procrastinators give for not planning for retirement and why people shouldn’t put off saving!


Increasing Cost of Retirement – August 13, 2016

The cost of retirement has doubled in the last 25 years! We’ll talk about what’s causing the increase and how to prepare for it. Listen to the show to learn more!


401(k) Mistakes – August 6, 2016

We’re going to look at some of the most common mistakes people make with their 401(k)s with financial advisor Ryan O’Leary and how to avoid them. Listen to the show to learn more!


Baby Boomers & Retirement – July 30, 2016

A new report gives us an interesting perspective into how prepared Baby Boomers are for retirement. We’ll take a look at this retirement snapshot and what it means for future retirees. Listen to the show to learn more!


Retirement Expenses – July 23, 2016

Financial Advisor, Ryan O’Leary sits in on the show and we look into what is cutting into your retirement savings and how you can cut back on those expenses. Listen to the show to learn more!


Compound Interest – July 16, 2016

It’s the key to a building your nest egg or the mistake that can put you deep in debt, yet two-thirds of Americans are clueless when it comes to compound interest. Understanding compound interest is critical in taking control of your money, and financial advisor Nick Foulks joins us to explain why. Listen to the show to learn more!


Debt Crisis – June 25, 2016

America’s debt crisis continues! A new study shows credit card debt could hit $1 trillion, the highest it’s ever been, by the end of the year. We’re going to look at the impact debt has on retirement and how you can adopt a debt-free mindset. Listen to the show to learn more!


Father’s Day Advice – June 18, 2016

For Father’s Day, we’re going to look at the advice we got from dad over the years and what it can teach us about our finances and saving for retirement. Listen to the show to learn more!


Good Savings Habits Through the Generations – June 11, 2016

We’ll talk about grandparents’ unique roles in the lives of their grand-kids and how they can use their relationships to help build a lifelong savings habit. Listen to the show to learn more!


Credit Score and Retirement – June 4, 2016

Having a good credit score is just as important in retirement as it is during your working years. We’re going to talk about ways to boost your credit score in retirement. Listen to the show to learn more!


Costly Mistakes for Future Retirees – May 28, 2016

Retirement savers are making some costly mistakes… We’ll take a look at pitfalls to avoid on the path to retirement. Listen to the show to learn more!


Athletes and Retirement – May 21, 2016

When it comes to saving for retirement, Baby Boomers may get some inspiration from an unexpected place: The Major Leagues! Athletes can teach you some important lessons if you know where to look. Listen to the show to learn more!


Retirement for Millennials – May 14, 2016

Do you have a child about to graduate college? They may have a tough time reaching retirement – a recent survey shows the Class of 2016 will likely be at least 75 before they retire. That’s more than a decade older than today’s average retirement age of 62. We’ll talk about what’s pushing millennials to work until the ripe age of 75 and what decisions they need to make now to set them up for a lifetime of success! Listen to the show to learn more!


Triple Crown of Finances – May 7, 2016

It’s off to the races! As we pick our ponies in the Kentucky Derby, Americans themselves are chasing the elusive Triple Crown of Finances. We’ll talk about the three big financial hurdles for many families and how to achieve them. Listen to the show to learn more!


Retirement Re-Marriage – April 30, 2016

There’s a rise in re-marriage! Nearly half of couples tying the knot have at least one partner who has been married before. What should you think about before you say “I do” again? We’ll talk about the financial considerations of getting remarried and also of blending families. Listen to the show to learn more!


Retirement Regrets – April 23, 2016

Retirement is supposed to be a time to relax and enjoy yourself. But if you don’t have a proper plan, you can find your golden years are full of regrets. Financial Advisor Mike Williams talks about the biggest regrets people have in retirement and how to avoid them. Listen to the show to learn more!


Identity Theft – April 16, 2016

Identity theft is the fastest-growing crime in the U.S. It is national “Secure Your ID Day” and we’ll talk about the important steps to protect you can take to protect yourself from identity theft. Listen to the show to learn more!


Helping Adult Children – April 9, 2016

When many young adults buy their first home, they get financing from the Bank of Mom & Dad. Is it a smart financial move, or should parents close the door to adult children? Listen to the show to learn more about what to consider before doing so!


Financial Literacy Month – April 2, 2016

April is financial literacy month, and a new study shows financial literacy declines with age. We will talk about areas where Americans, and specifically retirees, need to study up! Listen to the show to find out more!


Social Security Strategies – March 26, 2016

Time is running out for some valuable Social Security strategies that could boost seniors’ income by thousands of dollars. Congress eliminated the benefits in the budget deal last Fall, but those who qualify still have a narrow window to claim them before they go away for good. Tony talks about how to take advantage before it’s too late! Listen to the show to find out more!


Spring Cleaning Your Finances – March 19, 2016

Spring has nearly sprung! We’re going to talk about how to spring clean your finances! Listen to the show to find out more!

 


Going Broke in Retirement – March 12, 2016

The biggest concern Americans have when it comes to retirement is running out of money. Nearly half of people in a recent survey said they are worried about outliving their savings. Tony Drake, CFP® talks about reasons people go broke in retirement and how to avoid them. Listen to the show to find out more!

 


Divorce & Retirement – March 5, 2016

More and more older Americans are calling it quits on their marriage. Divorce is skyrocketing among couples in their 50s and 60s, which can lead to complications in their financial plans. Listen to the show to find out more!

 


The Road to Retirement – Feb. 27, 2016

We’ll talk about the most important ages on the road to retirement. Listen to the show to find out more!

 


The “Pink Tax” of Gender-Based Consumerism – Feb. 20, 2016

A double-whammy for women. They’re earning less than men, while being charged more for the same products. We’ll take a look at how this is impacting their ability to save for retirement and what they can do about it. Listen to the show to find out more!

 


Financial Romance – Feb. 13, 2016

What’s more romantic than talking about your finances? A lot of things! And that’s why couples are on different pages when it comes to their money. Many don’t even discuss the basics, like salary, savings and Social Security. We’ll talk about how couples can get on the same page in these important areas! Listen to the show to find out more!

 


Retirement Savings Goals – Feb. 6, 2016

Are you on track for a secure retirement or in danger of falling short? It’s a tough question to answer when you’re still decades away from retiring. Some new guidelines are designed to help savers stay on track throughout their careers. Listen to the show to find out more!

 


Dropping Oil Prices – Jan. 30, 2016

Oil prices have taken a nosedive this year, and it’s affecting consumers in many different ways. While it brings consumers pleasure at the pump, it also brings pain in their 401(k) statements. Financial Advisor, Nick Foulks, joins the show to discuss. Listen below to find out more!

 


Retirement Preparedness – Jan. 23, 2016

There’s some good news for Americans and their money. The number of Americans who are prepared for retirement is on the rise! But we still have a long way to go. Listen to the show to find out more!

 


Tax Season is Coming – Jan. 16, 2016

The tax season is fast approaching! January 19 will be the first day to file. Financial Advisor, Mike Williams joins the show with good reasons to get your taxes done before the last minute. Listen to the show to find out more!

 


Holiday Hangover – Jan. 9, 2016

The holidays are in the rear-view mirror, but the credit card bills are front and center! All the fun and festivities can really add up – many households will be paying off their debt through the entire winter and even into spring. Nick Foulks has tips on how to pay off those bills and reduce your holiday hangover. Listen to the show to find out more!

 


Get 2016 Right! – Jan. 2, 2016

Have your New Year’s Resolutions about money in the past have turned into epic fails? You’re not alone — more than two-thirds of people who set financial goals fail each year. Ever wonder what you’re doing wrong? Financial Advisor, Nick Foulks, talks about some simple mistakes many of us make and how to get it right for 2016! Listen to the show to find out more!

 


Financial Changes in 2016 – Dec. 26, 2015

Changes are coming in 2016. We’ll talk about some new rules affecting retirement savers, students and families. Listen to the show to find out more!

 


Year-End Federal Rate Hike – Dec. 19, 2015

Following months of speculation, the Federal Reserve voted unanimously to raise the key interest rate by one-quarter of a percent. It’s a historic move and we will look at what that means, who would be affected and how. Listen to the show to find out more!

 


Spending & Splurging in Retirement – Dec. 12, 2015

Traditional thinking is that you spend less money when you retire, but there’s new research showing the opposite can be true! We’ll talk about what people are spending on and how to avoid the retirement splurge. Listen to the show to find out more!

 


Year-End Financial Finishes – Dec. 5, 2015

We are nearing the end of 2016. We will talk about what should be on your financial “to-do” list before year-end. There are a few simple things you can do now to make a major difference for your future. Listen to the show to find out more!

 


Relocating in Retirement – Nov. 28, 2015

If the change in seasons has you thinking about flying south instead of suffering through another Wisconsin winter… we’re going to talk about what to consider before relocating in retirement. Listen to the show to find out more!

 


Talking Finances Over Turkey – Nov. 21, 2015

Taking advantage of the Thanksgiving holiday by having an important conversation. If you’re getting together with your adult children – make it a point to talk finances. We’ll talk about how to start the conversation and what you should go over. Listen to the show to find out more!

 


Donating and Volunteering in Retirement – Nov. 14, 2015

‘Tis the season for giving back, and retirees are leading the nation in donating and volunteering. Nick Foulks joins the show to talk about making the most out of your holiday donation. Listen to the show to find out more!

 


Budget Deal for 2015 Changes – Nov. 7, 2015

The budget deal reached in Washington will keep the country out of default and avoid a partial government shutdown. It will also impact millions of Americans and their finances. Listen to the show to find out more!

 


Phantom Debt Scam – Oct. 31, 2015

It’s Halloween season, there’s a new financial fright… and it’s costing Americans millions! We’ll talk about “phantom debt,” why seniors are being targeted, and what you can do to prevent from becoming a victim! Listen to the show to find out more!

 


How Inheritance Impacts Retirement – Oct. 24, 2015

The greatest wealth transfer in U.S. history — trillions of dollars will be passed onto the next generations over the next few decades. We’ll take a look at how inheritances are impacting retirement. Listen to the show to find out more!

 


How Much is Your 401(k) Costing You? – Oct. 17, 2015

Do you know how much your 401(k) is costing you? More than half of people with a retirement savings plan don’t! Listen to the show to find out more!

 


Retirement Myths – Oct. 10, 2015

Financial Advisor, Nick Foulks, joins the show to talk about retirement myths. Are you sure you have the right information to make an educated decision about your future? Listen to the show to find out more!

 


Social Security Basics – Oct. 3, 2015

If you’re planning to file for Social Security, you have some work to do. First, you have to figure out WHEN to file. Then you need to know HOW to file. Listen to the show to find out more!

 


Should You Buy or Lease a Car? – Sept. 26, 2015

Most of us know we’re supposed to negotiate when it comes to buying a house or a car, but how about on medical bills? Or dry cleaning? A little haggling could add up to big savings. Listen below to find out more!

 


Life Insurance Basics – Sept. 19, 2015

40% of Americans don’t have life insurance. It plays a big part in making sure your family is taken care of. Drake & Associates Financial Advisor, Nick Foulks, joins the show to give some great tips. Listen below to find out more!

 


Market Corrections – Sept. 12, 2015

The drops on Wall Street are making a lot of people jittery. We’ll talk about what a correction is, and ways retirees can weather a correction. Listen below to find out more!

 


Financing a New Car – August 29, 2015

Fall is one of the best times to buy a car, as dealers try to clear their lots of last year’s inventory. But, should seniors buy or should they lease? Financial professional Nick Foulks talks about the five questions to ask yourself before making that decision. Listen below to find out more!

 


Estate Planning in Retirement – August 22, 2015

Young or old, rich or poor, there is one part of financial planning that most people are missing- estate planning. 55% of Americans die without a will or an estate plan. Certified Financial Planner, Tony Drake, and elder law attorney, Ashley Lillesand, are here to talk about how to make sure your loved ones and legacy are protected. Listen below to find out more!

 


How Do Interest Rates Effect Retirement? – August 15, 2015

You’ve likely heard it talked about a lot in the news – the Federal Reserve says it will raise interest rates this year. But what does it mean for retirees? Certified Financial Planner, Tony Drake, joins us to talk more about interest rates and their impact. Listen below to find out more!

 


Grandparents in Retirement – August 8, 2015

August is the busiest month for births, which means lots of new grandparents! Most new grandparents want to help their kids and grandkids, but they’re not sure of the best ways to pitch in. Tony Drake talks about Grandparents playing a role in family finances and how it effects seniors in retirement. Listen below to find out more!

 


Summer Spending – August 8, 2015

Financial professional Nick Foulks talks about keeping summer spending in check and how to prepare our budget for retirement. Listen below to find out more!

 


The Effect of the World Economy – July 25, 2015

How does the world economy effect you and your retirement? Listen below to find out more!

 


Social Security Strategies – July 18, 2015

So, you’ve hit your full retirement age, but you know there are benefits to waiting a few more years to file for Social Security. Where do you come up with the money while you’re delaying your claim? Listen below to find out more about the retirement income gap!

 


Retirement and Social Security – July 11, 2015

What Americans don’t know about Social Security, and how it could be costing them. Listen below to find out more!

 


Retirement Ready Radio Show – July 4, 2015

On this Independence Day, we would like to take some time to talk about the American Dream, how it’s changing and how we can achieve it. Listen in below!

 


Retirement Ready Radio Show – June 20, 2015

For many people, it’s the retirement dream to travel the world and visit new places. But it’s a dream that will take planning and preparation! Listen in for Tony’s tips on how to make the travel dream come true.

 


Retirement Ready Radio Show – June 13, 2015

Debt can derail your finances – both in working years and in retirement. About half of workers and one-third of retirees admit they have a debt problem, but many don’t know what to do about it. Listen below to learn more!

 


Retirement Ready Radio Show – May 30, 2015

Americans are underprepared and over-confident when it comes to their money. Listen below to find out how you can turn it around:

 


Retirement Ready Radio Show – May 23, 2015

There’s a new battle of the sexes brewing – when it comes to saving for retirement! Unfortunately the gap is growing wider and women are falling behind. Listen below:

 


Retirement Ready Radio Show – May 16, 2015

Make sure you don’t outlive your money! Check out Tony Drake’s Retirement Ready Radio Show from Milwaukee’s WTMJ 620AM. Listen below:

 


Retirement Ready Radio Show – May 9, 2015

“You can take a loan out for college but you can’t for retirement!” Tony Drake, CFP® on Retirement Ready Radio Show talks about adult children still living at home and how it effects your retirement. Listen below:

 


Retirement Ready Radio Show – April 25, 2015

It’s one of the biggest expenses in retirement, but one many people fail to plan for: Health Care. The average couple will spend about $220,000 on health care in retirement. Listen below:

 


Retirement Ready Radio Show – April 18, 2015

You can never be too ready for life after work. Tony Drake talks about financial literacy and preparing for retirement. Listen below:

 


Retirement Ready Radio Show – April 11, 2015

Tony Drake talks about last minute tax tips and some common questions people have about taxes and retirement. Listen below: