Michigan's Retirement Coach Podcast With Mike Douglas

Retirement planning doesn't have to be intimidating. Certified Financial Planner Mike Douglas explains how to protect your savings from market volatility and ensure a steady income throughout your re…

Mike Douglas gives an objective overview of Trump’s tariff strategy and how the United States got into the trade deficits it’s currently in. He sheds light on how China and other countries have put t…

Trump’s retaliatory tariffs have taken effect, and the markets have significantly dropped. So, what does this mean for your portfolio? Certified Financial Planner Mike Douglas shares 5 actionable thi…

Retirement planning can be a maze, and navigating Roth conversions is a crucial part of it. In this episode, Certified Financial Planner Mike Douglas dives into the complexities of Roth IRAs, discuss…

Are you aware of the hidden fees in your retirement savings? Certified Financial Planner Mike Douglas discusses the importance of cleaning out financial closets and drawers to uncover potential fees …

Are you prepared for market fluctuations in retirement? Certified Financial Planner Mike Douglas explains how to protect your income streams and diversify your savings in times of uncertainty. As the…

Tax planning is not just a yearly task but a crucial long-term strategy for a secure retirement. Certified Financial Planner Mike Douglas discusses the difference between tax preparation vs. tax plan…

Are you unknowingly risking your retirement? Managing your 401(k) properly is crucial for a financially secure future. Certified Financial Planner Mike Douglas discusses the common mistakes people ma…

Ever wondered how Roth IRAs can transform your retirement? Certified Financial Planner Mike Douglas explores the ins and outs of Roth IRAs, including the crucial five-year rule that many people may n…

Social Security benefits could face cuts by 2034, potentially affecting retirement and income plans. With the uncertainty surrounding Social Security, Certified Financial Planner Mike Douglas explain…

Retirees are often more afraid of running out of money than of dying. A study by JP Morgan Chase found that over 80% of retirees do not touch their IRA money until they reach the required minimum dis…

Navigating the digital age can feel overwhelming, especially when it comes to financial planning. From the nuances of HELOCs (Home Equity Line of Credit) to the complexities of leveraging stocks, und…

How badly is “dead money” affecting returns in your portfolio? Certified Financial Planner Mike Douglas discusses what could be holding your retirement plan back, including: cash stockpiles, non-perf…

As lifespans increase, planning for longer retirements becomes necessary. Mike Douglas explores key strategies such as maximizing Social Security benefits, understanding market volatility, and adjust…

Many people make costly mistakes with inherited money, leading to financial struggles in retirement. In this episode, Mike Douglas discusses that when receiving a large sum of money, like an inherita…

Do you feel overwhelmed by financial jargon and retirement planning? In this episode, Certified Financial Planner Mike Douglas discusses the realities of required minimum distributions (RMDs) and how…

Mike Douglas explains the historical context of retirement tools and why the 401k on its own is not a retirement plan. With pensions becoming rare and Social Security facing potential cuts, understan…

Many people don't fully understand the importance of diversifying their financial assets for tax efficiency. Mike Douglas explains the three types of money: pre-tax, after-tax, and tax-free, and expl…

Avoiding common mistakes in 401k rollovers could save you from unexpected tax consequences. In this episode, Mike Douglas dives into the intricacies of rolling over your 401k into an IRA, focusing on…

An estimated $84 Trillion in wealth is expected to be transferred over the next 20 years. Mike Douglas highlights the challenges financial advisors face when clients pass away and the importance of i…