The Savvy Investor Podcast

Hosted by Mike Canet

Business Education News

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Episodes

347

Latest episode

Nov 2026

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About the show

The Savvy Investor Podcast is your one-stop shop for investors and retirees who want to level-up their retirement plans. Hosts Mike Canet and Ryan Herbert are independent financial advisors with decades of experience. They tackle the tough financial issues that matter most to you, from saving for retirement to reducing taxes. Whether you're just starting out or you're a seasoned investor, The Savvy Investor Podcast has something for you. Tune in each week for practical tips and strategies on how to reach your financial goals. Don't miss an episode! Subscribe or follow today! Schedule your 15-minute Discovery Call here: https://calendly.com/prostatis/15-minute-savvy-discovery-call-savvy-investor-podcast Learn more about the team at Prostatis Financial Advisors Group on their website or on social: Facebook , LinkedIn , Twitter and their NEW YouTube channel and video podcast .

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60 recent

November 10, 202613 min

Don’t Wait Until 73 to Think About RMDs

Waiting until RMDs begin could mean missing valuable years to prepare your retirement tax strategy. In this episode, Katherine Groce and Lawrence Kiely explore how required minimum distributions can affect taxes, cash flow, and retirement income. They discuss why RMD planning may be worth considering years in advance, how Roth conversions can fit into the conversation, and when qualified charitable distributions may make sense for charitable-minded retirees. Plus, they explain why factors such as pensions, Social Security, income needs, and legacy goals can make each RMD strategy different. Want to begin building your retirement and tax plan? Click Here to Schedule a 15-minute Discovery Call Follow us for more helpful insights: 🖱️ Facebook- https://bit.ly/3PmJcSt 🖱️ LinkedIn- https://bit.ly/44T88a9 🖱️ X - https://bit.ly/3PHxqDJ See omnystudio.com/listener for privacy information.

November 3, 202615 min

Before You Buy Indexed Universal Life Insurance, Understand How It Really Works

IULs are getting plenty of attention online, but are they really an alternative to a Roth IRA? This episode breaks down indexed universal life insurance and the different roles it can play in retirement planning, from supplemental income and legacy planning to long-term care considerations. We also explore why IULs may not fit every situation, the importance of proper funding and structure, and how they can potentially work alongside Roth strategies rather than simply replacing them. Plus, learn why understanding the pros, cons, costs, and long-term commitment matters before deciding whether an IUL belongs in your broader financial plan. Want to begin building your retirement and tax plan? Click Here to Schedule a 15-minute Discovery Call Follow us for more helpful insights: 🖱️ Facebook- https://bit.ly/3PmJcSt 🖱️ LinkedIn- https://bit.ly/44T88a9 🖱️ X - https://bit.ly/3PHxqDJ See omnystudio.com/listener for privacy information.

October 27, 202613 min

You’ve Saved for Retirement. Now What’s the Plan?

Is your 401(k) your retirement plan, or is it simply one piece of a much bigger picture? Katherine Groce and Lawrence Kiely explain why retirement planning can extend beyond investment balances to include income needs, taxes, risk, Social Security, legacy goals and the lifestyle you envision after work. They discuss why understanding your spending can become increasingly important as you move from accumulating savings to determining how those savings may support retirement. Plus, learn why a retirement roadmap may need to evolve as your goals and priorities change throughout retirement. Want to begin building your retirement and tax plan? Click Here to Schedule a 15-minute Discovery Call Follow us for more helpful insights: 🖱️ Facebook- https://bit.ly/3PmJcSt 🖱️ LinkedIn- https://bit.ly/44T88a9 🖱️ X - https://bit.ly/3PHxqDJ See omnystudio.com/listener for privacy information.

October 20, 202613 min

Could Your RMDs Create a Bigger Tax Problem?

Required minimum distributions may look like just another retirement withdrawal, but what happens when they affect more than your account balance? Katherine Groce and Lawrence Kiely discuss how RMDs can interact with taxable income, Medicare premiums, Social Security taxation, and broader retirement goals. They explore why RMD planning is rarely one-size-fits-all, the importance of understanding withdrawal deadlines, and ways retirees may consider using distributions they don't need for everyday expenses. From Roth conversions and long-term care considerations to gifting and legacy planning, this episode looks at why preparing for RMDs can be an ongoing part of the retirement conversation. Want to begin building your retirement and tax plan? Click Here to Schedule a 15-minute Discovery Call Follow us for more helpful insights: 🖱️ Facebook- https://bit.ly/3PmJcSt 🖱️ LinkedIn- https://bit.ly/44T88a9 🖱️ X - https://bit.ly/3PHxqDJ See omnystudio.com/listener for privacy information.

October 13, 202613 min

Why “Full Coverage” May Not Mean What You Think

Your homeowner's insurance may not protect you the way you think it does. In this episode, Mike Canet responds to a listener question about insurance coverage and explains several overlooked risks that can create major out-of-pocket costs after a disaster. From replacement value misconceptions and ordinance change protection to underinsured homes, outdated auto coverage, umbrella policies, and liability concerns, the conversation highlights why insurance should be part of a broader financial plan. Learn how reviewing coverage proactively can help uncover gaps before they become expensive surprises and why many retirees may be carrying more risk than they realize. Want to begin building your retirement and tax plan? Click Here to Schedule a 15-minute Discovery Call Follow us for more helpful insights: 🖱️ Facebook- https://bit.ly/3PmJcSt 🖱️ LinkedIn- https://bit.ly/44T88a9 🖱️ X - https://bit.ly/3PHxqDJ See omnystudio.com/listener for privacy information.

October 6, 202613 min

Could You Be Missing a Piece of Your Retirement Savings?

What if a forgotten retirement account is still sitting somewhere with your name on it? Katherine Groce and Lawrence Kiely discuss the growing number of overlooked 401(k) accounts and why so many people lose track of retirement savings when changing jobs. They explain how old accounts, scattered investments, and multiple financial institutions can make it difficult to see the full picture of your finances. The conversation explores the benefits of consolidation, the challenges families can face managing multiple accounts later in life, and why understanding where your assets are may be an important step in retirement planning and organization. Want to begin building your retirement and tax plan? Click Here to Schedule a 15-minute Discovery Call Follow us for more helpful insights: 🖱️ Facebook- https://bit.ly/3PmJcSt 🖱️ LinkedIn- https://bit.ly/44T88a9 🖱️ X - https://bit.ly/3PHxqDJ See omnystudio.com/listener for privacy information.

September 29, 202615 min

One Business Sale, Millions in Taxes: Are You Prepared?

What would you do if a $50 million business sale triggered a $15 million tax bill? In this episode, Mike Canet and Ryan Herbert discuss a real-world case involving a business owner approached by data center developers during the AI boom. They explore how major asset sales can create significant tax and estate planning challenges, and walk through concepts such as 1031 exchanges, Opportunity Zones, and deferred sales trusts. The conversation highlights why taxes, liquidity, estate considerations, and long-term planning are often connected when evaluating the sale of a business or highly appreciated property Want to begin building your retirement and tax plan? Click Here to Schedule a 15-minute Discovery Call Follow us for more helpful insights: 🖱️ Facebook- https://bit.ly/3PmJcSt 🖱️ LinkedIn- https://bit.ly/44T88a9 🖱️ X - https://bit.ly/3PHxqDJ See omnystudio.com/listener for privacy information.

September 22, 202613 min

Are You Closer to Retirement Than You Think?

Think you're years away from retirement? You may be closer than you realize, but replacing your paycheck takes more planning than most people expect. Ryan Herbert and Katherine Groce discuss what it really takes to retire before traditional retirement age, including creating multiple income sources, planning for healthcare costs before Medicare, and building a strategy for turning savings into reliable retirement income. They also explain why knowing exactly where your income will come from can be just as important as how much you've saved, and how retirement planning shifts from growing assets to creating a sustainable distribution strategy. Want to begin building your retirement and tax plan? Click Here to Schedule a 15-minute Discovery Call Follow us for more helpful insights: 🖱️ Facebook- https://bit.ly/3PmJcSt 🖱️ LinkedIn- https://bit.ly/44T88a9 🖱️ X - https://bit.ly/3PHxqDJ See omnystudio.com/listener for privacy information.

September 15, 202616 min

$1 Million Today or $60,000 per Year for Life? The Answer That Sparked a Firestorm

Would you take a guaranteed $60,000 a year for life over a tax-free $1 million lump sum? That simple question sparked thousands of comments and a heated debate online. Ryan Herbert and Katherine Groce break down the reasoning behind choosing lifetime income, while addressing arguments involving high-yield savings accounts, stock market investing, real estate, inflation, and retirement planning. Along the way, they explore risk, certainty, sequence of returns, and why financial decisions often depend on individual goals and circumstances. Plus, they discuss why short social media clips rarely provide enough context for important retirement and investment decisions. Want to begin building your retirement and tax plan? Click Here to Schedule a 15-minute Discovery Call Follow us for more helpful insights: 🖱️ Facebook- https://bit.ly/3PmJcSt 🖱️ LinkedIn- https://bit.ly/44T88a9 🖱️ X - https://bit.ly/3PHxqDJ See omnystudio.com/listener for privacy information.

September 8, 202612 min

The Biggest Retirement Mistake Many People Make After 50

What if the years after your kids leave home are the most important years for your retirement plan? As families transition into the empty nest stage, Mike Canet and Ryan Herbert discuss why ages 50 to 60 can be a pivotal time for retirement preparation. They cover catch-up contributions, evaluating whether you're on track for retirement, understanding income needs, tax planning strategies, and the value of having a written plan instead of relying on guesswork. The conversation also explores common retirement planning mistakes and why waiting until the last minute can limit your options. Want to begin building your retirement and tax plan? Click Here to Schedule a 15-minute Discovery Call Follow us for more helpful insights: 🖱️ Facebook- https://bit.ly/3PmJcSt 🖱️ LinkedIn- https://bit.ly/44T88a9 🖱️ X - https://bit.ly/3PHxqDJ See omnystudio.com/listener for privacy information.