Tag: Retirement Planning
Understanding Annuities for Retirement Planning (Ep. 15)

Understanding Annuities for Retirement Planning (Ep. 15)

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Are you curious about annuities but unsure how they would fit into your financial plan?

Let’s clear up the confusion.

Marcia Miller demystifies the world of annuities this week on Making Hay. Follow along as Marcia cuts through the noise and controversy surrounding annuities, revealing their true potential as a tool for retirement planning. Marcia unpacks everything you need to know from the basic understanding and types of annuities, to their benefits and considerations. 

Whether you’re nearing retirement or looking to manage your income streams more effectively, this installment sheds light on how annuities could be a boon to your financial plan, offering examples and real-life stories to illustrate their impact.

Marcia discusses: 

  • What annuities are and their importance in financial planning
  • The four types of annuities and their unique uses
  • How annuities can provide reliability and a steady income stream in retirement
  • Common misconceptions about annuities and the important factors to consider before investing in one
  • And more

 

Resources:

Connect with Marcia Miller: 

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The Power of 401(k) Plans for Veterinary Practice Owners with Paul Villanueva (Ep.10)

The Power of 401(k) Plans for Veterinary Practice Owners with Paul Villanueva (Ep.10)

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Veterinary practice owners are incredibly busy. The thought of setting up a 401(k) plan is overwhelming and likely low on the ever-growing list of priorities.

In this episode, Marcia Miller sits down with Paul Villanueva, a retirement plan professional, to explore the importance of 401(k) plans for veterinary practice owners. They discuss the evolution of 401(k) plans, the benefits for both employers and employees, as well as the flexibility and simplicity offered by modern 401(k) solutions, specifically provided by Human Interest. The conversation highlights the significance of early retirement planning, the impact on attracting and retaining talent in veterinary practices, and the advantages of Roth options within 401(k) plans. 

Marcia and Paul discuss: 

  • Benefits of 401(k) plans for both employers and employees
  • Modern 401(k) solution options
  • Attracting and retaining talent through employee benefits
  • Comparison of 401(k) plans with IRAs and Simple plans
  • Impact of technology on simplifying and modernizing retirement planning
  • And more

 

Resources:

Connect with Marcia Miller: 

Connect with Paul Villanueva: 

 

About Our Guest: 

Paul Villanueva is currently the Regional Director of the Financial Advisor Channel at Human Interest. He is a highly experienced Director of Partnerships with 25+ years in the financial services industry. A University of Houston graduate, he excels in Securities, Asset Management, Retirement Planning, Mutual Funds, and Management. Paul’s strategic insights and business development prowess have consistently driven success in his dynamic career. 

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Is Selling Your Practice Enough? With Rick Wedell (Ep. 4)

Is Selling Your Practice Enough? With Rick Wedell (Ep. 4)

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Have you ever questioned whether selling your veterinary practice (or any practice really)  is enough for a secure retirement?

Join us in the latest episode of the “Making Hay Podcast,” where host Marcia Miller invites Rick Wedell, Chief Investment Officer at RFG Advisory, for an insightful discussion on financial planning and retirement. This episode goes beyond conventional retirement advice, emphasizing the importance of early planning, accurate business valuation, and seeking professional financial guidance. 

Key Highlights:

  • Discover what attracts top buyers beyond your practice’s immediate success
  • Understand how your practice’s earnings and growth potential influence its market value
  • Find out how the cost of replacing your role can impact the sale of your practice
  • Identify hidden challenges in long-term commitments that could hinder selling your practice
  • Explore a range of exit strategies, from outright selling to forming partnerships
  • Learn about the trade-offs between a high selling price and maintaining control post-sale
  • Assess whether pursuing maximum profit aligns with your personal satisfaction and well-being
  • And much more!

 

Resources:

Connect with Marcia Miller: 

Connect with Rick Wedell: 

 

About Rick Wedell:
As the Chief Investment Officer for RFG Advisory Group, I am directly responsible for the direction and management of RFG’s investment strategies, setting the vision for our research capabilities, and managing a turn-key investment platform engineered to help our advisors and their clients with their most pressing investment needs. I previously spent over a decade at Bain Capital Credit, where I was the Head of the Consumer Group as well as an assistant Portfolio Manager for an $8bn CLO business.

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