Purposeful Planning with Aspen Wealth Management

Hosted by Aspen Wealth Management

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541

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Sep 2026

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About the show

Learn, get inspired, and feel empowered about your financial life. Hear short tips about money management and true stories about the impact of financial planning on securing stability and financial freedom. At Aspen Wealth, we offer fee-only, customized tax and financial planning services to individuals, families, and small business owners. Hosted on Acast. See acast.com/privacy for more information.

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60 recent

September 1, 20266 min

A Flexible Spending Plan for Early Retirement

For forty years, the paycheck just showed up. In retirement, you become the one who writes it, and how you handle that job in the first decade shapes everything after. In this episode of Purposeful Planning, Troy Fore, CFP®, walks through how to build a spending plan with flexibility at its core: a real budget, time-based buckets, tax diversification, and guardrails that let your plan bend without breaking. Sources: • Creating a Flexible Spending Plan for Your First 10 Years of Retirement – Aspen Wealth Management: https://www.aspenwealthmgmt.com/resource-center/retirement/retirement-spending-plan-first-decade • Understanding Sequence Risk in Retirement, Part 2 – Purposeful Planning podcast: https://shows.acast.com/purposeful-planning-aspen-wealth/episodes/understanding-sequence-risk-in-retirement-part-2 • Longevity Risk and Financial Security: Planning for a Longer Retirement – Aspen Wealth Management: https://www.aspenwealthmgmt.com/resource-center/retirement/longevity-risk-financial-security • Early Retirement and Tax-Smart Roth Conversions – Aspen Wealth Management: https://www.aspenwealthmgmt.com/resource-center/retirement/early-retirement-and-tax-smart-roth-conversions • You’ve Done a Good Job Saving It: Do You Know the Best Way to Spend It? – Aspen Wealth Management: https://www.aspenwealthmgmt.com/resource-center/tax/retirement-withdrawal-strategies/ The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. This information has been derived from sources believed to be accurate and is intended merely for educational purposes, not as advice. Hosted on Acast. See acast.com/privacy for more information.

July 21, 20263 min

Longevity Risk: Will Your Money Outlast You?

We spend our working years afraid of dying too soon. In retirement, the bigger risk flips. It becomes living longer than your money does. In this episode of Purposeful Planning, Troy Fore, CFP®, unpacks longevity risk and walks through how to build a retirement plan that can go the distance, whether that is twenty years or forty. Sources: • Longevity Risk and Financial Security: Planning for a Longer Retirement – Aspen Wealth Management: https://www.aspenwealthmgmt.com/resource-center/retirement/longevity-risk-financial-security • Global Health Estimates: Life Expectancy and Healthy Life Expectancy – World Health Organization: https://www.who.int/data/gho/data/themes/mortality-and-global-health-estimates • Understanding Sequence Risk in Retirement, Part 2 – Purposeful Planning podcast: https://shows.acast.com/purposeful-planning-aspen-wealth/episodes/understanding-sequence-risk-in-retirement-part-2 • Phased Retirement: How to Ease Out of Work Without Leaving Money on the Table – Aspen Wealth Management: https://www.aspenwealthmgmt.com/resource-center/retirement/phased-retirement-planning-strategy The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. This information has been derived from sources believed to be accurate and is intended merely for educational purposes, not as advice. Hosted on Acast. See acast.com/privacy for more information.

July 15, 20266 min

The Psychology of Spending: Why We Buy

Most money mistakes are not math problems. They are emotional ones. In this episode of Purposeful Planning, Troy Fore, CFP®, looks at why we spend the way we do, how habits formed long ago still drive our choices, and a few simple practices that can help you spend with intention instead of on impulse. Sources: • The Psychology of Spending: How Emotions Impact Financial Decisions – Aspen Wealth Management: https://www.aspenwealthmgmt.com/resource-center/financial-planning/the-psychology-of-spending-how-emotions-impact-financial-decisions • The Psychology of Spending – MIT Spectrum (Prof. Drazen Prelec): https://betterworld.mit.edu/spectrum/issues/winter-1999/the-psychology-of-spending/ • Downsizing or Relocating: What’s the Right Move for Your Retirement? – Aspen Wealth Management: https://www.aspenwealthmgmt.com/resource-center/retirement/downsizing-or-relocating-retirement The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. This information has been derived from sources believed to be accurate and is intended merely for educational purposes, not as advice. Hosted on Acast. See acast.com/privacy for more information.

July 10, 20267 min

Teaching the Next Generation to Handle Wealth

Building wealth is the first chapter. Passing wealth on for the next generation to hold onto it and grow it is a different challenge entirely. In this episode of Purposeful Planning, Troy Fore, CFP®, looks at why financial literacy, family governance, and honest conversations matter as much as the dollars themselves, and how families can raise children who become capable stewards rather than passive inheritors. Sources: • The Role of Education in Preparing Your Children for Wealth Inheritance – Aspen Wealth Management: https://www.aspenwealthmgmt.com/resource-center/financial-planning/the-role-of-education-in-preparing-your-children-for-wealth-inheritance • “Keep the Money Together”: Preparing the Next Generation for Financial Leadership – Aspen Wealth Management: https://www.aspenwealthmgmt.com/resource-center/financial-planning/next-generation-financial-leadership • Reading the Map: Where to Focus During Different Stages of the Financial Journey – Aspen Wealth Management: https://www.aspenwealthmgmt.com/resource-center/blog/different-stages-of-the-financial-journey The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. This information has been derived from sources believed to be accurate and is intended merely for educational purposes, not as advice. Hosted on Acast. See acast.com/privacy for more information.

June 23, 20265 min

Phased Retirement: Ease Out Without Losing Money

Not everyone wants to go from full-time work to full stop. Phased retirement is a growing path for people who want to wind down gradually, on their own terms. But easing out of work is not as simple as just cutting back your hours. In today's episode of Purposeful Planning, we walk through what phased retirement actually looks like, the financial decisions it triggers, and how to sequence everything so you don’t leave money on the table. Sources: 1. https://www.aspenwealthmgmt.com/resource-center/retirement/phased-retirement-planning-strategy 2. https://www.newsweek.com/boomers-gen-x-retire-differently-phased-retirement-1956778 3. https://www.opm.gov/retirement-center/phased-retirement/ 4. https://www.ssa.gov/retirement/full-retirement-age 5. https://www.aspenwealthmgmt.com/resource-center/retirement/early-retirement-and-tax-smart-roth-conversions The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. This information has been derived from sources believed to be accurate and is intended merely for educational purposes, not as advice. Hosted on Acast. See acast.com/privacy for more information.

May 21, 20266 min

Making the Most of Your Executive Compensation

If you’re a corporate executive, your compensation package is likely far more complex than just a simple paycheck. Stock options, restricted stock units, deferred compensation, and equity awards can add up to meaningful wealth but only if they’re managed well. In today's episode of Purposeful Planning, we’ll walk through the key components of executive compensation and what it takes to make sure you’re not leaving money on the table or creating unnecessary tax exposure along the way. Sources: 1. https://www.aspenwealthmgmt.com/resource-center/investment/executive-compensation-planning-maximizing-your-equity-benefits 2. https://www.aspenwealthmgmt.com/resource-center/blog/understanding-your-options 3. https://www.aspenwealthmgmt.com/resource-center/financial-planning/knowing-how-and-when-to-sell-rsus/ 4. https://www.aspenwealthmgmt.com/resource-center/blog/equity-compensation/ 5. https://www.irs.gov/pub/irs-drop/rp-12-29.pdf The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. This information has been derived from sources believed to be accurate and is intended merely for educational purposes, not as advice. Hosted on Acast. See acast.com/privacy for more information.

May 19, 20266 min

Downsize or Relocate? Smart Moves for Retirement

Should you stay, downsize, or move to a new state entirely? For many retirees, where and how you live are among the biggest financial decisions you will make. In today's episode of Purposeful Planning, we explore the financial and emotional sides of downsizing and relocation, so you can make the move that best fits your retirement picture. Sources: https://www.aspenwealthmgmt.com/resource-center/retirement/downsizing-or-relocating-retirement https://www.aspenwealthmgmt.com/resource-center/retirement/retirement-lifestyle https://smartasset.com/data-studies/where-retirees-move-2025 https://turbotax.intuit.com/tax-tips/fun-facts/9-states-with-no-income-tax/c9RZgthD3 https://www.aarp.org/money/retirement/retirees-top-states-2025/ The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. This information has been derived from sources believed to be accurate and is intended merely for educational purposes, not as advice. Hosted on Acast. See acast.com/privacy for more information.

April 29, 20264 min

Managing Illiquid Assets in Your Financial Plan

If your portfolio includes real estate, a business interest, or private equity, you already know these assets don't behave like stocks and bonds. But are they truly working within your broader financial plan? In today's episode of Purposeful Planning, we'll talk through the strategies and best practices for managing illiquid assets as part of a balanced, diversified financial picture, including how to think about liquidity, tax planning, estate planning, and long-term wealth building. Sources: https://www.aspenwealthmgmt.com/resource-center/investment/managing-illiquid-assets https://www.aspenwealthmgmt.com/resource-center/investment/alternative-investments-more-than-stocks-and-bonds https://www.aspenwealthmgmt.com/financial-planning https://www.aspenwealthmgmt.com/investment-management https://www.aspenwealthmgmt.com/tax-planning https://www.aspenwealthmgmt.com/estate-planning https://www.aspenwealthmgmt.com/resource-center/estate/gifting-strategies-without-hurting-retirement The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. This information has been derived from sources believed to be accurate and is intended merely for educational purposes, not as advice. Aspen Wealth Management is a registered investment advisor with the SEC. Hosted on Acast. See acast.com/privacy for more information.

March 11, 20264 min

Alternative Investing: More Than Stocks and Bonds

When most people think about building wealth, they picture stocks, bonds, and maybe a savings account. But there's a whole world of alternative investments, from real estate and private equity to collectibles and digital assets, that could play a role in a well-rounded portfolio. In today's episode of Purposeful Planning, we're breaking down what alternative investments are, why they might be worth considering, and what you need to think through before diving in. Sources: https://www.aspenwealthmgmt.com/resource-center/investment/alternative-investments-more-than-stocks-and-bonds https://www.aspenwealthmgmt.com/ https://www.aspenwealthmgmt.com/investment-management The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. This information has been derived from sources believed to be accurate and is intended merely for educational purposes, not as advice. Aspen Wealth Management is a registered investment advisor with the SEC. This recorded posting utilizes AI generated voiceovers. While the Firm strictly prohibits the use of AI for advisory activities constituting investment advice, financial plans, portfolio analysis and management, and reporting, the use of AI for other purposes, such as voiceovers, is permitted and utilized for the firm’s recordings. Hosted on Acast. See acast.com/privacy for more information.

March 4, 20264 min

Premium Tax Credit: What It Is and Who Qualifies

Health insurance costs are rising for many Americans following the expiration of enhanced ACA subsidies at the end of 2025. In this episode of Purposeful Planning, we explore how the Premium Tax Credit works, who qualifies, and the options available to those who no longer receive enhanced subsidies. Whether you're self-employed, in early retirement, or simply looking for affordable coverage, understanding these changes is crucial for managing your healthcare costs in 2026. Sources: https://www.irs.gov/credits-deductions/premium-tax-credit-ptc-overview#:~:text=The%20premium%20tax%20credit%20%E2%80%93%20also%20known,with%20Form%208962%2C%20Premium%20Tax%20Credit%20(PTC ). https://openenrollment.healthcare/insurance-marketplace-healthcare-quotes/ https://www.cms.gov/marketplace/outreach-and-education/health-savings-account.pdf https://www.healthcare.gov/glossary/high-deductible-health-plan/ https://www.aspenwealthmgmt.com/ https://www.aspenwealthmgmt.com/financial-planning https://www.aspenwealthmgmt.com/blog/webinars/from-countdown-to-confidence-your-retirement-transition-checklist https://www.aspenwealthmgmt.com/resource-center/tax/understanding-the-premium-tax-credit-are-you-eligible The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. This information has been derived from sources believed to be accurate and is intended merely for educational purposes, not as advice. Aspen Wealth Management is a registered investment advisor with the SEC. This recorded posting utilizes AI generated voiceovers. While the Firm strictly prohibits the use of AI for advisory activities constituting investment advice, financial plans, portfolio analysis and management, and reporting, the use of AI for other purposes, such as voiceovers, is permitted and utilized for the firm’s recordings. Hosted on Acast. See acast.com/privacy for more information.