Managing Your Financial Future with Lucia Capital Group

Hosted by Lucia Capital Group

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284

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Oct 2026

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About the show

Managing Your Financial Future with Johnny Dean and "Professor" Rick Plum, CFP® Brought to you by the advisors and investment professionals at Lucia Capital Group, a registered investment advisor. Integrating financial planning and investing decisions, designed to help you reach your own financial goals. Want the best tips on which hot stocks you should buy this week? Go somewhere else - we don't do that. It's all about planning, strategy, managing your future and taking control of your financial life. Securities offered through LPL Financial, member FINRA/SIPC.

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November 3, 2026Episode 28532 min

The Pros and Cons of a 401(k) Loan

Have you ever considered borrowing money from your 401(k)? It can sound like a pretty good deal. After all, you're borrowing from yourself, paying yourself back with interest, and avoiding the need to borrow from a bank. But there are some important tradeoffs that you should consider. A 401(k) loan may make sense in certain circumstances, but it can also create problems you didn't anticipate. What happens to your investments while that money is out of the account? Could the loan affect your ability to keep saving for retirement? And what if you leave your job before it's paid off? The answers may surprise you. When does borrowing from your 401(k) make financial sense, and when could it be a costly mistake? Learn more from podcast host Johnny Dean and Rick “The Professor” Plum, CFP® on this week’s episode of Managing Your Financial Future!

October 27, 2026Episode 28434 min

Who Will Control Your Money After You’re Gone?

Estate planning usually starts with deciding who gets what. But here's another question that can matter just as much: who will be responsible for carrying out your wishes after you are gone? It seems like that part of it often gets overlooked. Choosing a trustee or executor should not be treated like a box to check. The right person needs to be trustworthy, organized, willing to ask for help, and able to follow the plan even when emotions are running high. In some cases, a family member may be the right choice. But not always. Who will control your money after you're gone, and what should you think about before naming that person? Learn more from podcast host Johnny Dean and Rick “The Professor” Plum, CFP® on this week’s episode of Managing Your Financial Future!

October 20, 2026Episode 28334 min

Why Retirement Planning Gets More Complicated After You Retire

Retirement planning often gets treated like a race to a specific amount of money. And while you need a certain amount of savings to make it work, the real work happens AFTER you retire. And it's where mistakes can be the most costly. Building wealth is mostly about saving consistently, staying disciplined, and giving your money time to grow. Relatively easy, right? But turning that wealth into income is a different challenge. Taxes, Social Security, health care, survivor needs, withdrawal timing, and investor emotions are just some of the factors to consider. Why is retirement planning more complicated after you retire? Learn all about it from podcast host Johnny Dean and Rick “The Professor” Plum, CFP® on this week’s episode of Managing Your Financial Future!

October 13, 2026Episode 27935 min

Why 'Survival' is the Most Important Word in Investing

When it comes to investing, people often tend to focus on rate of return: How much can I make? What is the best investment right now? But in retirement planning, a better question is the more important one: can your plan survive when things don’t go the way you hoped? Market downturns, bad headlines, recessions, and volatility are all part of investing. The real danger comes when you need to sell stocks to fund a short-term cash need, or you react emotionally when the market is down. Your plan in most cases will not survive these conditions. Why does survival have to come before returns in retirement planning? Find out from podcast host Johnny Dean and Rick “The Professor” Plum, CFP® on this week’s episode of Managing Your Financial Future!

October 6, 2026Episode 28133 min

3 Financial Decisions You Can’t Easily Undo

Some retirement decisions can be adjusted over time. Others come with a very small window to change your mind, and some may be almost impossible to undo once the paperwork is signed. That makes it especially important to understand the consequences ahead of time. Social Security claiming, pension payout choices, and inherited retirement accounts can all create long-lasting effects. But once you've made your choice on when and how to take the payments, those effects may be permanent. Never rush through the choices just because one option looks simple or pays more today. Which retirement decisions are hardest to undo, and what do you need to think about before making them? Learn more from podcast host Johnny Dean and Rick “The Professor” Plum, CFP® on this week’s episode of Managing Your Financial Future!

September 29, 2026Episode 28041 min

The Best (and Worst) Assets to Inherit

Leaving money to your heirs is one thing, but leaving the right assets to the right people is another. A Roth IRA, a traditional IRA, a brokerage account, real estate, cash, and an annuity may all have value, but they can create very different results for the person who inherits them. Some inherited assets pass down fairly simply, with few (if any) tax implications. Others may come with required distributions, taxable income, complicated paperwork, or decisions that have to be made quickly. That’s why your estate plan should always consider how each asset works once it lands in someone else’s hands. What are the best and worst assets to inherit, and how can better planning make things potentially easier for your heirs? Find out from podcast host Johnny Dean and Rick “The Professor” Plum, CFP® on this week’s episode of Managing Your Financial Future!

September 8, 2026Episode 28234 min

Why Bonds May Be Riskier Than You Think

Bonds have been all over the financial news lately, and for good reason. When interest rates move sharply, bond prices can move in the opposite direction, and that can surprise investors who have always been told that stocks are risky and bonds are safe. Bonds can play an important role in a retirement income plan, but only when you understand what job they are supposed to do. If half of your portfolio is made up of bonds for the sole purpose of acting as a counterbalance for stocks, you might be taking on far more risk than you realize. So how should retirees think about bonds, interest rates, and the “safe” part of their portfolio? Get the details from podcast host Johnny Dean and Rick “The Professor” Plum, CFP® on this week’s episode of Managing Your Financial Future!

September 1, 2026Episode 27834 min

Can Your IRA Ever Be TOO Large?

A large IRA or 401(k) balance sounds like a good problem to have. And in many ways, it is. But if too much of your retirement money is sitting in accounts that will eventually be taxed as ordinary income, the future tax bill may be larger than you expect. Tax deferral can be valuable, but it's NOT the same thing as tax planning. Required minimum distributions, Social Security taxation, Medicare premiums, and the tax burden on a surviving spouse can all be affected by how and when you draw money from different accounts. Sometimes the smarter move is to pay attention before the IRS forces your hand. Could your IRA or 401(k) become a future tax problem? If so, what can you do about it before RMDs begin? Find out from podcast host Johnny Dean and Rick “The Professor” Plum, CFP® on this week’s episode of Managing Your Financial Future!

August 25, 2026Episode 27734 min

The 4% Rule Is NOT a Rule

The so-called "4% rule" is one of the most familiar ideas in retirement planning. It gives people a simple way to think about how much they might withdraw from a portfolio each year. But a useful guideline can become a problem when it starts being treated like a rule that applies to everyone. A withdrawal rate does not exist in a vacuum. Your age, spending needs, Social Security timing, pensions, market conditions, tax situation, and withdrawal strategy ALL matter. The number may give you a starting point, but it cannot tell you how your retirement should actually be structured. So how should you think about the 4% rule, and why can the wrong withdrawal strategy make even a reasonable number risky? Find out from podcast host Johnny Dean and Rick “The Professor” Plum, CFP® on this week’s episode of Managing Your Financial Future!

August 14, 2026Episode 27633 min

The Biggest Misunderstandings About Buckets

The Bucket Strategy gets talked about a lot, but not every explanation (outside of this program) gets it right. Some descriptions make it sound like you just set aside a little cash, invest the rest for growth, and that's that. But when the strategy is done correctly, there's a lot more going on beneath the surface. A true Bucket Strategy matches each dollar to a purpose, a time horizon, and a level of risk that fits the job it needs to do. Cash flow, market downturns, taxes, timing, and investor behavior all have to be part of the discussion. What do people often misunderstand about the Bucket Strategy, and why do those details matter so much? Find out from podcast host Johnny Dean and Rick “The Professor” Plum, CFP® on this week’s episode of Managing Your Financial Future!