Tag: Risk Management

Protect Your Retirement: Cybersecurity Tips with Kirk Hasty, CEH, MCSE (Ep. 17)

Protect Your Retirement: Cybersecurity Tips with Kirk Hasty, CEH, MCSE (Ep. 17)

Are you aware of the invisible threat lurking in your retirement planning?

Cybercrime isn’t only a menace to tech giants; it’s now a real risk for retirees and pre-retirees too. 

Tim Whisler sits down with Kirk Hasty, a seasoned professional in cybersecurity and a Certified Ethical Hacker, to discuss the emerging threats in the digital world and how they can impact your financial future.

Kirk, with over 20 years in IT and cybersecurity, uncovers the intricate web of scams targeting retirees and shares practical steps to safeguard your identity and nest egg from cyber threats. With 12 industry certifications and a vast array of experience protecting large corporations, Kirk guides us through strategies to keep our data and finances secure. Dive into an enlightening discussion that breaks down complex cybersecurity concepts into actionable advice.

Kirk and Tim discuss:

  • The alarming trend of cybercrime targeting retirees 
  • Real-world examples of cybercrime and its impact on finances 
  • Importance of two-factor authentication and monitoring your accounts 
  • New and emerging threats to watch for, including phishing and deep fakes 
  • Steps to enhance your cybersecurity as part of retirement planning

Resources:

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Connect with Kirk Hasty:

About Our Guest: 

With over 20 years of IT and systems administration experience, as well as cybersecurity expertise across diverse sectors, Kirk Hasty brings deep proficiency in Windows Server administration, Active Directory, VMware, cybersecurity, and network operations. His background highlights a strong track record in leading enterprise-level projects, including system migrations, security enhancements, and infrastructure optimizations. He has effectively managed teams, mentored junior staff, and implemented best practices to ensure high availability and system security. Kirk’s technical proficiency is supported by a solid educational foundation in computer networking, underscoring his commitment to continuous improvement and operational excellence. His career is defined by a dedication to technological innovation and a strategic approach to cybersecurity, focusing on defending against attackers and protecting critical assets and infrastructure in alignment with organizational objectives.

Investment advisory and financial planning services are offered through Foundations Investment Advisors, 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 and Simplicity Solutions.

License To Spend: Budgeting for Retirement Fulfillment (Ep. 1)

License To Spend: Budgeting for Retirement Fulfillment (Ep. 1)

You don’t want to be worrying about money during retirement. How can budgeting today help your financial plan last into retirement? Will your money be safe against potential challenges leading up to retirement?

Tim Whisler dives into the idea of a “License To Spend” during one’s golden years, with a focus on the criticality of retirees grasping their incoming funds, outgoings, and the various risks that could arise. Tim shares his wisdom on the financial hurdles that often trip up professional sportspeople and those who strike it lucky with lottery wins, pointing out the significance of managing finances with a firm hand.

Tim discusses:

  • Where does the concept of “license to spend” fit into retirement planning
  • How budgeting breaks down income and spending to create a clear idea of financial standing
  • What role does guaranteed income play in mitigating retirement risks
  • Why is proactive financial management important for a secure retirement

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Book a Call with Tim:

Investment advisory and financial planning services are offered through Foundations Investment Advisors, 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 and Simplicity Solutions.

27. Prepare for the Future Without a Crystal Ball

27. Prepare for the Future Without a Crystal Ball

There is always a risk when entering the stock market. What will that risk be in 20, 30, 40 years when you retire?

In this episode, Tim Whisler takes a deep dive into sequence of return risk, detailing what it is and how he helps clients prepare for the future without a crystal ball. Tim discusses how he turns potential losses into zeroes and the benefits of such transformations within your retirement plan.

Tim discusses:

  • The two main phases of life in your financial plan
  • The uncertainty of the future when planning for retirement
  • The benefits of zeroes over losses within your investments
  • And more!

Resources:

  • Watch the video HERE!

Connect with Tim: 

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.

 

 

24. What is the Ideal Age of Retirement?

24. What is the Ideal Age of Retirement?

Your retirement age can impact the cost and benefits gained during your retirement.

In this episode, Tim Whisler reveals the flow of retirement as you age, from high to low spending. Tim discusses the risks you should consider when planning retirement and how a delay in retirement could grant you huge financial benefits.

Tim discusses:

  • The retirement spending smile
  • The importance of risk management when it comes to your retirement spending
  • How delaying your RMDs to a certain age could increase your benefits
  • And more!

Connect with Tim: 

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.