Health insurance, Medicare, and long-term care are deeply intertwined with your taxes and legacy plan. If you’ve done well and saved money for retirement by making sound financial decisions in your working years, we want to help you preserve those assets so you can enjoy your retirement without worrying about healthcare expenses.

To help our clients untangle this complex relationship, we’re joined by Scott Hokanson, the founder and President of Brabo Insurance. We’re thrilled to have Scott back on the podcast today to discuss the challenges so many retirees face when budgeting for healthcare.

In our conversation, Scott explains why healthcare is critical to a successful retirement plan, two choices you can make when signing up for Medicare (and the advantages of each one), and how to create a strategy to get ahead of your premiums.

In this podcast interview, you’ll learn:

• Why so many retirees struggle to get access to care.
• How medical care in retirement compares to employer-provided insurance.
• Why HSAs are an amazing investment vehicle.
• When to choose a Medicare Advantage plan.
• Why insurance has dramatically improved in the United States over the last 20 years.

Want the Full Show Notes?

To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast

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Losing a loved one is one of the most challenging and emotional periods in anyone’s life. When assets, such as property and investments, are left to their beneficiaries, many families have a difficult time knowing where and how to start the process of settling the estate.

In today’s episode, we’ll focus on estate planning, specifically the responsibilities and tax implications that a beneficiary has when they inherit those assets. I’m joined by our very own Mark Kenney and Amanda Glennon, who both have years of experience guiding families through this process to ensure that the actions and decisions that are made won’t have financial consequences later.

In our conversation, you’ll learn how changes to the SECURE Act have impacted how inherited assets are taxed and distributed, the new estate tax exemption rules for Massachusetts residents, and why developing a relationship with an advisor to create an estate plan makes the entire process easier to handle during such an emotional time.

In this podcast interview, you’ll learn:

• How changes to the SECURE Act have accelerated the timeframe to deplete inherited assets for non-spouses.
• What cost basis means and how it applies to inheriting property or investments.
• The values of an estate that are excluded from state and federal estate taxes.
• How long a beneficiary can expect to wait before the estate is settled.
• The difference in taxation from inheriting an IRA and a Roth IRA.
• The added value in dealing with a Financial Advisor in person vs over the phone when handling an estate.

Want the Full Show Notes?

To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast

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In early 2023, SHP Financial passed the $1 billion threshold in AUM, or assets under management. If you’ve ever wondered what goes into running a firm of this size, how we choose our managers, and how we help our clients create comprehensive financial plans, today’s episode is for you.

Today’s guest is William Malagodi. William has extensive experience building out hugely successful firms. In this conversation, we explore the art of manager selection, how we manage our day to day operations, and go above and beyond to deliver for our clients.

In this podcast interview, you’ll learn:

• How financial planners learn about the firms and resources they work with and recommend to clients.
• Why it’s all but impossible to use just free information from the internet to build a robust, stress-tested portfolio.
• SHP’s philosophy on risk based and allocation based portfolios.
• What a comprehensive portfolio review at SHP looks like.

Want the Full Show Notes?

To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast

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