Episode 18 – Retirement Planning 101—Part 1



You don’t have to be a professional financial advisor to understand the basics of planning.

In part one of this two-part series, Tim Whisler dives into five of the most common mistakes 401(k) and IRA owners make. Tim helps you discover the taxes you are paying but shouldn’t be, and shares ways you could save even more.

You will learn:

  • 5 of the most common errors 401(k) and IRA owners make
  • The potential advantages and drawbacks of withdrawing IRA inheritance
  • How the SECURE Act impacted retirement income
  • The taxes you can avoid paying for different planning mistakes
  • And more!

Listen now as Tim Whisler reveals the taxes you could avoid when planning your retirement!

Resources: Tim Whisler | The Whisler Agency: (309) 291-0491

Investment advisory and financial planning services offered through Simplicity Wealth, LLC, an SEC Registered Investment Advisor. Sub advisory services are provided by Advisory Alpha, LLC, an SEC Registered Investment Advisor. Insurance, consulting, and education services are offered through The Whisler Agency. The Whisler Agency is a separate and unaffiliated entity from Simplicity Wealth, LLC, and Advisory Alpha, LLC.


Episode 17 – Protection In The Digital Age – With Kirk Hasty



In the digital age, hackers are expected. How can you ensure that you are protected online?

In this episode, Tim Whisler is joined by Kirk Hasty, senior client solution architect at VMware Carbon Black, to discuss cyber security and the threat of online attackers. Tim and Kirk share steps you can take to keep your information safe and secure.

You will learn:

  • The importance of cyber security in a highly technological time
  • The security dangers of posting on social media
  • Simple steps to protect yourself online
  • How to keep your kids secure as they begin to spend time online
  • And more!

Discover how you could be targeted online and ways to protect your digital identity with Kirk Hasty!

Resources:

Tim Whisler | The Whisler Agency: (309) 291-0491 | VMware Carbon Black | Kirk Hasty | Have I Been Pwned | Last Pass | 1 Password | Kee Pass | Nord VPN | Privacy | Qustodio | Net Nanny

Investment advisory and financial planning services offered through Simplicity Wealth, LLC, an SEC Registered Investment Advisor. Sub advisory services are provided by Advisory Alpha, LLC, an SEC Registered Investment Advisor. Insurance, consulting, and education services are offered through The Whisler Agency. The Whisler Agency is a separate and unaffiliated entity from Simplicity Wealth, LLC, and Advisory Alpha, LLC.


Episode 16 – Is It Really A Financial Sugar Rush?!



Considering the stimulus spending rates, debt issues, GDP ratios, and market factors—is the economy truly on a sugar rush? 

In this episode, Tim Whisler explains what’s going on in the market now with all the big changes that have happened recently, and how you can potentially benefit from them!

You will learn:

  • The stimulus spending rates and reasons Tim believes it has become a “desensitized” issue 
  • The truth about debt in the United States 
  • The current Gross Domestic Product (GDP) scenario
  • Why the market is “hyper” rather than volatile 
  • Reasons why you should make zero your hero
  • And more!

Tune in and discover exactly how to make the most out of these existing components in today’s economy! 

Resources:  Episode 2: Zero Is The Hero   | Tim Whisler | The Whisler Agency: (309) 291-0491 | US Debt Clock | Stress-Free Retirement

Investment advisory and financial planning services offered through Simplicity Wealth, LLC, an SEC Registered Investment Advisor. Sub advisory services are provided by Advisory Alpha, LLC, an SEC Registered Investment Advisor. Insurance, consulting, and education services are offered through The Whisler Agency. The Whisler Agency is a separate and unaffiliated entity from Simplicity Wealth, LLC, and Advisory Alpha, LLC.


Episode 15 – So You’re Retiring or Switching Jobs: What Do You Do With Your 401(k)?



A 401(k) retirement plan offered by your employer can be a great savings tool, as long as you take advantage of it, and manage it correctly.

However, 401(k) questions surrounding employment, retirement, taxes, and the IRS arise all the time, and to clarify potential doubts, Tim Whisler reviews them all to explain the different 401(k) uses, whether you are moving on to new opportunities or simply retiring. 

In this episode, you will learn:

  • The five available options for someone with a 401(k) who is switching jobs 
  • What you should know about leaving and moving your 401(k) plan from your previous to your current employer
  • Why you shouldn’t cash your 401(k) plan early
  • How to roll your 401(k) plan into an IRA
  • The role of taxes and income streams when it comes to your 401(k) and retirement
  • And more!

Tune in to find out how to efficiently handle and make use of your 401(k) retirement plan! 

Resources: Tim Whisler | The Whisler Agency: (309) 291-0491 

Investment advisory and financial planning services offered through Simplicity Wealth, LLC, an SEC Registered Investment Advisor. Sub advisory services are provided by Advisory Alpha, LLC, an SEC Registered Investment Advisor. Insurance, consulting, and education services are offered through The Whisler Agency. The Whisler Agency is a separate and unaffiliated entity from Simplicity Wealth, LLC, and Advisory Alpha, LLC.


Episode 14 – A Deep Dive Into Longevity Planning – Part 2 – With Bill Comfort, CSA®, CLTC®



By now, you know that you MUST prepare for longevity as you approach retirement. 

But what does the process look like? What are the available options for long-term care policies?  How to fund a plan?  What are the key policy elements?

In part two of this mini-series, Tim Whisler is once again joined by the president of Comfort Long Term Care, and the director of training and development for the certification in long-term care designation, Bill Comfort. This time, Bill takes a deep dive into longevity planning – all this to help YOU find and determine the best long-term care policy. 

In this episode, you will learn:

  • How long-term care insurance companies have evolved to create the plans that are available today
  • The difference between the traditional, stand-alone, and asset-based or hybrid long-term care insurance plans 
  • How professionals like Bill and Tim can help you repurpose your dollars to prepare for care and potential emergency expenses 
  • Biggest myths surrounding long-term care insurance 
  • And more!

Listen in to find out how policies in place allow individuals and families to transition from care provider to care supervisor! 

Resources: Tim Whisler | The Whisler Agency | (309) 291-0491 | Bill Comfort, CSA®, CLTC® | Comfort Long Term Care 

Investment advisory and financial planning services offered through Simplicity Wealth, LLC, an SEC Registered Investment Advisor. Sub advisory services are provided by Advisory Alpha, LLC, an SEC Registered Investment Advisor. Insurance, consulting, and education services are offered through The Whisler Agency. The Whisler Agency is a separate and unaffiliated entity from Simplicity Wealth, LLC, and Advisory Alpha, LLC.


Episode 13 – Planning for Long-Term Care as You Plan For Longevity in Retirement – With Bill Comfort, CSA®, CLTC®



When approaching retirement, retirees and pre-retirees should focus on learning new things, having a comfortable income stream, and most importantly, planning for longevity.

In this episode, Tim Whisler sits down with the president of Comfort Long Term Care, and the director of training and development for the certification in long-term care designation, Bill Comfort, CSA®, CLTC®. Bill explains the importance of addressing longevity in your retirement income plan to achieve a comfortable and long retirement. 

In this episode, you will learn:

  • The details of Bill’s 30 year journey in the industry 
  • The meaning of long-term care  
  • The difference between long-term care and healthcare 
  • The truth about at-home long-term care 
  • Common long-term care myths and misconceptions 
  • How COVID-19 has changed the way retirees receive long-term care 
  • And more!

Tune in to find out why planning is so important when considering long-term care insurance! 

Resources: Tim Whisler | The Whisler Agency | (309) 291-0491 | Bill Comfort, CSA®, CLTC® | Comfort Long Term Care 

Investment advisory and financial planning services offered through Simplicity Wealth, LLC, an SEC Registered Investment Advisor. Sub advisory services are provided by Advisory Alpha, LLC, an SEC Registered Investment Advisor. Insurance, consulting, and education services are offered through The Whisler Agency. The Whisler Agency is a separate and unaffiliated entity from Simplicity Wealth, LLC, and Advisory Alpha, LLC.


Episode 12 – Growing Spiritually Through Athletic Programs – With Chad Bailey



Since 1948, The Christian Center, in Peoria, Illinois, has had a mission to provide a place where Christians could grow and the lost could find Christ.

But how is this related to sports and recreational activities?

In the latest episode of Whisler While You Retire, Tim Whisler sits down with the organization’s managing director, Chad Bailey. Chad explains how The Christian Center serves the community by offering programs for people (of all ages) to enjoy recreational activities while sharing the gospel of Christ.

In this episode, you will learn:

  • Why church-related partnerships are so important for The Christian Center 
  • How the organization recruits basketball, baseball, and soccer coaches 
  • Real-life experience: Why Chad believes that God always ends up providing
  • How the facility keeps up with all the financial costs associated with The Christian Center  
  • From ping-pong to bowling, soccer, and basketball: the programs offered by The Christian Center 
  • And more!

Listen in to discover how The Christian Center helps people of all ages develop a greater sense of spirituality and faith through sports and recreation! 

Resources: Tim Whisler | The Whisler Agency | (309) 291-0491 | The Christian Center  | 309-685-4218 | Chad Bailey | Location and Hours Information 

Investment advisory and financial planning services offered through Simplicity Wealth, LLC, an SEC Registered Investment Advisor. Sub advisory services are provided by Advisory Alpha, LLC, an SEC Registered Investment Advisor. Insurance, consulting, and education services are offered through The Whisler Agency. The Whisler Agency is a separate and unaffiliated entity from Simplicity Wealth, LLC, and Advisory Alpha, LLC.


Episode 11 – Brace for IMPACT 46 — with Guest Kyle McClellan



Following the end of former MLB pitcher Kyle McClellan’s career with the St. Louis Cardinals, he and his wife founded Brace for IMPACT 46, a non-profit organization following a life-changing mission to Haiti. 

In this episode, Tim Whisler sits down with Kyle McClellan to review his journey as a baseball player, and discuss his non-profit organization. Kyle shares how Brace for IMPACT 46 helps individuals, children, and families have a better future, both in Haiti and in St. Louis, Missouri. 

In this episode, you will learn:

  • From high school baseball to University of Missouri, and the St. Louis Cardinals: Kyle’s journey as an MLB pitcher
  • How Kyle embarked on the journey of building Brace for IMPACT 46
  • Serving in Haiti and St. Louis: Brace for IMPACT 46’s mission in both countries, and why’s its community, and leadership so important 
  • And more!

Tune in and find out how baseball and Brace for IMPACT 46 shaped the individual Kyle McClellan is today! 

Resources: Tim Whisler | The Whisler Agency | (309) 291-0491 | Brace for IMPACT 46 | Programs in Haiti  | Program in St. Louis | Child Sponsorship Program | Brace for IMPACT 46 Facebook | Brace for IMPACT 46 Instagram 

Investment advisory and financial planning services offered through Simplicity Wealth, LLC, an SEC Registered Investment Advisor. Sub advisory services are provided by Advisory Alpha, LLC, an SEC Registered Investment Advisor. Insurance, consulting, and education services are offered through The Whisler Agency. The Whisler Agency is a separate and unaffiliated entity from Simplicity Wealth, LLC, and Advisory Alpha, LLC.

 


Episode 10 – Get Your Finances Back on Track Today [4 Easy Steps!]



Has your spending got a little out of hand as a result of COVID-19? Don’t worry, we’re here to help! 

In this episode, Tim Whisler gives you an easy four-step plan to help you get your finances back on track, so you can keep heading towards your ideal retirement. As relatable as ever, Tim gives you proven advice that you can use right away. 

You will learn:

  • What 3 characteristics every emergency plan should have
  • How to incorporate a strategy that provides safety to your principal & opportunity for growth to your retirement account
  • Good, better & best ways to create more tax-free funds
  • And more!

Tune in now to get an easy 4-step plan for getting your finances on track during COVID-19!

Resources: Tim Whisler | The Whisler Agency: (309) 291-0491 | Episode 2: Zero is the Hero

Investment advisory and financial planning services offered through Simplicity Wealth, LLC, an SEC Registered Investment Advisor. Sub advisory services are provided by Advisory Alpha, LLC, an SEC Registered Investment Advisor. Insurance, consulting, and education services are offered through The Whisler Agency. The Whisler Agency is a separate and unaffiliated entity from Simplicity Wealth, LLC, and Advisory Alpha, LLC.


Episode 9 – What You Should Know About Annuities



Believe it or not, annuities don’t have a middle ground – you either disregard them entirely or embrace them wholeheartedly.

In this episode, Tim Whisler navigates the path of annuities, explaining the differences between what can be a beneficial, but complicated, option for retirement. 

In this episode, you will learn:

  • Why people have negative opinions about annuities 
  • The difference between immediate and fixed annuities  
  • Why variable annuities are similar to investments in the stock market 
  • What’s the role of volatility when it comes to a fixed index annuity 
  • How to use a rider as an annuity enhancement policy 
  • And more!

Tune in and discover some of the questions you MUST consider if you’re planning to lean on annuities for retirement! 

Resources: Tim Whisler | The Whisler Agency | (309) 291-0491 

Investment advisory and financial planning services offered through Simplicity Wealth, LLC, an SEC Registered Investment Advisor. Sub advisory services are provided by Advisory Alpha, LLC, an SEC Registered Investment Advisor. Insurance, consulting, and education services are offered through The Whisler Agency. The Whisler Agency is a separate and unaffiliated entity from Simplicity Wealth, LLC, and Advisory Alpha, LLC.


Episode 8 – The IOU in your IRA to the IRS



When it comes to retirement accounts, what’s the difference between tax-free and tax-deferred?

In this episode, Tim Whisler discusses key points about retirement accounts, IRAs and 401(k)s. He does this to explain the “silent partner” involved in a portion of your 401(k) and IRA accounts.

In this episode, you will learn:

  • How to take full advantage of your 401(k)
  • The benefits of contributing to your 401(k) directly from your paycheck 
  • The process of a 401(k) rollover 
  • The role of Required Minimum Distributions (RMDs) when it comes to taxes and IRAs
  • And more!

Listen today to learn ways to pay your taxes first so that you don’t have to worry about them later.

Resources: Tim Whisler | The Whisler Agency | (309) 291-0491 

Investment advisory and financial planning services offered through Simplicity Wealth, LLC, an SEC Registered Investment Advisor. Sub advisory services are provided by Advisory Alpha, LLC, an SEC Registered Investment Advisor. Insurance, consulting, and education services are offered through The Whisler Agency. The Whisler Agency is a separate and unaffiliated entity from Simplicity Wealth, LLC, and Advisory Alpha, LLC.

 


Episode 7 – Understanding Retirement Accounts



Having multiple savings vehicles or accounts with a purpose is a wise strategy when it comes to stepping into your retirement years.

In this episode, Tim Whisler discusses retirement accounts for individuals making the transition from their working years to their retirement years. 

In this episode, you will learn:

  • 401(k)’s as accumulation and distribution machines 
  • The role of a sequence of returns strategy, and how it impacts retirement
  • How return on investment (ROI) changes to reliability of income when approaching retirement 
  • And more!

Tune in to learn why retirement is all about income and cash flow rather than assets! 

Resources: Tim Whisler | The Whisler Agency | (309) 291-0491 

Investment advisory and financial planning services offered through Simplicity Wealth, LLC, an SEC Registered Investment Advisor. Sub advisory services are provided by Advisory Alpha, LLC, an SEC Registered Investment Advisor. Insurance, consulting, and education services are offered through The Whisler Agency. The Whisler Agency is a separate and unaffiliated entity from Simplicity Wealth, LLC, and Advisory Alpha, LLC.

 


Episode 6 – Medicare as a Retirement Health Insurance – Part II



How much do you really know about the different Medicare coverages offered in each part? Are you looking for an opportunity to bundle different levels of coverage?

In part two of this mini-series, Tim navigates Medicare’s part C, also known as Medicare Advantage Plans, and explains how it allows consumers to bundle the coverage from the other parts of Medicare. 

In this episode, you will learn:

  • The coverages offered in Part C of Medicare
  • The different types of Medicare Advantage Plans
  • Pros and cons of Medicare Supplement Plans
  • The role of the “annual notice of change” when switching between Medicare Advantage and Supplement Plans
  • And more!

Tune in as Tim discusses various coverages of part C of Medicare!  

Resources: Tim Whisler | The Whisler Agency | (309) 291-0491 | Part 1

Investment advisory and financial planning services offered through Simplicity Wealth, LLC, an SEC Registered Investment Advisor. Sub advisory services are provided by Advisory Alpha, LLC, an SEC Registered Investment Advisor. Insurance, consulting, and education services are offered through The Whisler Agency. The Whisler Agency is a separate and unaffiliated entity from Simplicity Wealth, LLC, and Advisory Alpha, LLC.

 


Episode 5 – Medicare as Retirement Health Insurance



Medicare is a short-term health insurance for those who are 65-years-old and/or receive Social Security Disability Insurance. It can be overwhelming and confusing, but with the right education, it doesn’t need to be.

In part one of this mini-series about Medicare, Tim Whisler helps you navigate Medicare to help ease your mind about the health care coverage. Tim explains the different phases so that you can better understand this type of health insurance.

In this episode, you will learn:

  • The importance of education around Medicare and finding the right plan for you
  • Who is eligible for Medicare
  • The four parts of Medicare and what they each cover
  • What the “donut hole” is and how it is related to the Medicare catastrophic phase 
  • And more!

Tune in as Tim discusses potential advantages and drawbacks of Medicare as a health care coverage! 

Resources: Tim Whisler | The Whisler Agency | (309) 291-0491 

Investment advisory and financial planning services offered through Simplicity Wealth, LLC, an SEC Registered Investment Advisor. Sub advisory services are provided by Advisory Alpha, LLC, an SEC Registered Investment Advisor. Insurance, consulting, and education services are offered through The Whisler Agency. The Whisler Agency is a separate and unaffiliated entity from Simplicity Wealth, LLC, and Advisory Alpha, LLC.


Episode 4 – Don’t Be Afraid of Retirement, Be Prepared



“Can I afford retirement?” “What are my plans for this phase of life?” – These are two of the many questions we all have when it comes to planning for retirement. 

In this episode of Whisler While You Retire, Tim Whisler will help you navigate these questions, and many others, and shares his six-step retirement checklist to ensure you’re prepared for this milestone. 

In this episode, you will learn:

  • The difference between the defined benefit and the defined contribution plan
  • Why longevity is a retirement risk 
  • Why it is important to prepare for retirement “what if’s”
  • How to determine the right age to elect retirement-related benefits 
  • And more!

Tune in as Tim reminds you to prepare for retirement so that you can later enjoy the ride! 

Resources: Tim Whisler | The Whisler Agency | (309) 291-0491 

Investment advisory and financial planning services offered through Simplicity Wealth, LLC, an SEC Registered Investment Advisor. Sub advisory services are provided by Advisory Alpha, LLC, an SEC Registered Investment Advisor. Insurance, consulting, and education services are offered through The Whisler Agency. The Whisler Agency is a separate and unaffiliated entity from Simplicity Wealth, LLC, and Advisory Alpha, LLC.

 


Episode 3 – Your Life Insurance Policy is The Ultimate Love Letter



Leaving a life insurance policy in place for your spouse in case something happens to you is the ultimate final love letter.  

In this episode, Tim Whisler explains why life insurance can be considered an expression of love and refers to the importance of planning collaboratively with your partner so that both parties are prepared when the time comes. 

In this episode, you will learn:

  • The types of life insurance and how to choose the right one for you 
  • The benefits of a term policy 
  • How premiums and insurance allow cash building 
  • What a “Second-to-Die” policy is, and how it impacts your overall death benefit 
  • And more!

Tune in to learn why your life insurance policy is the ultimate love letter! 

Resources: The Whisler Agency

Investment advisory and financial planning services offered through Simplicity Wealth, LLC, an SEC Registered Investment Advisor. Sub advisory services are provided by Advisory Alpha, LLC, an SEC Registered Investment Advisor. Insurance, consulting, and education services are offered through The Whisler Agency. The Whisler Agency is a separate and unaffiliated entity from Simplicity Wealth, LLC, and Advisory Alpha, LLC.


Episode 2 – Zero is the Hero



“Zero is the hero” is all about replacing the worry, fear, and anxiety that comes from watching a retirement account. 

In this episode, Tim Whisler explains everything you need to know about the “zero is the hero” retirement strategy and how it can help baby boomers achieve positive income and asset results.

In this episode, you will learn:

  • The different phases of retirement
  • How return on investment impacts your overall asset exposure 
  • The role of market volatility in retirement 
  • How to enjoy retirement instead of babysitting the market
  • And more!

Tune in as Tim explains why retirement is not about assets but income! 

Resources: Tim Whisler | The Whisler Agency 

Investment advisory and financial planning services offered through Simplicity Wealth, LLC, a SEC Registered Investment Advisor. Subadvisory services are provided by Advisory Alpha, LLC, a SEC Registered Investment Advisor. Insurance, Consulting and Education services offered through The Whisler Agency. The Whisler Agency is a separate and unaffiliated entity from Simplicity Wealth, LLC and Advisory Alpha, LLC.


Episode 1 – Get to Know Tim Whisler, President and Founder of The Whisler Agency



The Whisler Agency is proud to present: Whisler While You Retire with Tim Whisler! 

In this podcast, get to know Tim Whisler, president and founder of The Whisler Agency, and discover what led him to his career in finance. Tim shares how The Whisler Agency can help clients of all ages plan for their financial futures. 

In this episode, you will learn:

  • How Tim’s personal life led him to his career in financial services 
  • Tim’s ideal client demographic
  • Why radio ads and referrals so important to Tim’s business 
  • How understanding your return on investment can help measure risk returns 
  • And more!

Tune in to get to know Tim Whisler and The Whisler Agency! 

Resources: Tim Whisler | The Whisler Agency

Investment advisory and financial planning services offered through Simplicity Wealth, LLC, a SEC Registered Investment Advisor. Subadvisory services are provided by Advisory Alpha, LLC, a SEC Registered Investment Advisor. Insurance, Consulting and Education services offered through The Whisler Agency. The Whisler Agency is a separate and unaffiliated entity from Simplicity Wealth, LLC and Advisory Alpha, LLC.