Jenny Logan, CFP®

Want to retire early? So do many of the clients I have worked with! Whether you are planning for an early retirement or just want to know the earliest you can retire given your current financial state, you need to look at 7 factors: retirement age, retirement lifestyle, retirement income, healthcare costs, inflation, longevity, and investment returns. These 7 factors will inform you build your retirement plan. If you balance them just right, plan ahead, and implement financial discipline, an early retirement is possible! Remember, Financial Freedom is found through Discipline 👏 💸 Access Financial Freedom Resources: https://bit.ly/chisholmsubscribe 🚀 Join My FREE Retirement Planning Basics Course: https://bit.ly/chisholmretirementbasics 🗓️ Schedule a FREE Initial Consultation! : https://bit.ly/chisholmfinancialschedule ✅ Subscribe! : https://www.youtube.com/@chisholmfinancial ✅ My Instagram : https://bit.ly/ChisholmInsta ✅ My Twitter : https://bit.ly/ChisholmTwitter ✅ My Substack : https://bit.ly/ChisholmSubstack Timestamps: 00:00 - Introduction to the 7 factors impacting early retirement 01:28 - Factor 1: Retirement Age 02:40 - Factor 2: Retirement Lifestyle 05:10 - Factor 3: Retirement Income 07:07 - Factor 4: Healthcare Costs 10:36 - Factor 5: Inflation 13:06 - Factor 6: Longevity 15:04 - Factor 7: Investment Returns 16:45 - Putting it all together #retireearly #retirementplanning #retireearlyandtravel

Often, people who are successful with their personal finances are also successful in other spheres of their life—including physical health. This week we will discuss why that might be the case, including personal decisions and the impact outside forces may have on your health and financial well-being. We will also give you several ways to improve both your health and financial well-being. It all starts with small changes that through daily implementation will lead to a healthier, and more financially rewarding life! Remember, Financial Freedom is found through Discipline 👏 00:39 – Stream starts 💸 Access Financial Freedom Resources: https://bit.ly/chisholmsubscribe 🚀 Join My FREE Retirement Planning Basics Course: https://bit.ly/chisholmretirementbasics 🗓️ Schedule a FREE Initial Consultation! : https://bit.ly/chisholmfinancialschedule ✅ Subscribe! : https://www.youtube.com/@chisholmfinancial ✅ My Instagram : https://bit.ly/ChisholmInsta ✅ My Twitter : https://bit.ly/ChisholmTwitter ✅ My Substack : https://bit.ly/ChisholmSubstack Timestamps: 00:39 – Stream starts 05:45 – The 4 skills you need in both you financial and health journey 06:07 – The skill of discipline 09:09 – The skill of routine 11:24 – The skill of learning 13:42 – The skill of delayed gratification mindset 16:49 – Closing thoughts: finances is part of your health 17:38 – Sneak peek to next live: Roth conversions #personalfinance #healthylifestyle #financialfreedom

If you are looking into a variable annuity or are wondering how to read a variable annuity contract this video is for you. In this video I explain variable annuities SIMPLY so you can make an informed decision about your personal finance investment strategy. I also explain the difference between variable annuities and fixed annuities and why I don't recommend purchasing a variable annuity product. Financial freedom is found through discipline 💸 Access Financial Freedom Resources: https://bit.ly/chisholmsubscribe 🚀 Join My FREE Retirement Planning Basics Course: https://bit.ly/chisholmretirementbasics 🗓️ Schedule a FREE Initial Consultation! : https://bit.ly/chisholmfinancialschedule ✅ Subscribe! : https://www.youtube.com/@chisholmfinancial ✅ My Twitter : https://bit.ly/ChisholmTwitter ✅ My Substack : https://bit.ly/ChisholmSubstack ✅ My Instagram : https://bit.ly/ChisholmInsta Timestamps: 00:00 - Variable annuities vs fixed annuities 01:44 - Advertised benefits of a variable annuity 07:38 - The negatives of variable annuity products 12:50 - Why you should talk to a Financial Planner In this Video, I explain Variable Annuities: What You Should Know. Variable Annuity Explained (2019). I cover the typical fees associated with variable annuities, the differences between variable annuities and the other types of annuities, and how a variable annuity could provide for a consistent and predictable stream of income for your retirement. Additionally, I address the questions you should ask before buying a variable annuity. Discover the truth about variable annuities: what is a variable annuity? Understand the harsh truth about annuities!" #annuity #investmentstrategies #financialfreedom

Let me explain why I recommend saving your retirement money in a Roth IRA Remember, Financial freedom is found through discipline! 💸 Access Financial Freedom Resources: https://bit.ly/chisholmsubscribe 🚀 Join My FREE Retirement Planning Basics Course: https://bit.ly/chisholmretirementbasics 🗓️ Schedule a FREE Initial Consultation! : https://bit.ly/chisholmfinancialschedule ✅ Subscribe! : https://www.youtube.com/@chisholmfinancial ✅ My Twitter : https://bit.ly/ChisholmTwitter ✅ My Substack : https://bit.ly/ChisholmSubstack ✅ My Instagram : https://bit.ly/ChisholmInsta

Whole life insurance, and permanent life insurance is one of the most expensive and least understood financial products on the marketplace. During this live, I will breakdown the real cost of permanent life insurance, compare it to term, and explain what strategies you should use instead of permanent life insurance to achieve your financial planning goals. Finally, there are a couple rare reasons to have permanent or whole life insurance, and I will outline those rare cases there is a need. Remember, Financial Freedom is found through discipline! Stream starts: 0:35 💸 Access Financial Freedom Resources: https://bit.ly/chisholmsubscribe 🚀 Join My FREE Retirement Planning Basics Course: https://bit.ly/chisholmretirementbasics 🗓️ Schedule a FREE Initial Consultation! : https://bit.ly/chisholmfinancialschedule ✅ Subscribe! : https://www.youtube.com/@chisholmfinancial ✅ My Instagram : https://bit.ly/ChisholmInsta ✅ My Twitter : https://bit.ly/ChisholmTwitter ✅ My Substack : https://bit.ly/ChisholmSubstack Timestamps: 00:35 – Stream starts 02:06 – My experience with life insurance 03:05 – Term life insurance vs. whole life insurance 04:56 – The stated benefits of permanent life insurance (whole life insurance) 06:50 – Why I do not recommend whole life insurance (costly premiums) 07:54 – Why I do not recommend whole life insurance (complexity) 08:40 – Why I do not recommend whole life insurance (poor investment returns) 10:18 – Why I do not recommend whole life insurance (surrender charges) 11:29 – Why I do not recommend whole life insurance (opportunity costs) 13:32 – Understanding life insurance fees 15:29 – What to do if you have a permanent life insurance policy 17:36 – When you DO want permanent life insurance #wholelifeinsurance #lifeinsurance #financialfreedom

Power of attorney over a trust is a different role from a trustee. In this video I answer the questions what is power of attorney?

Thinking about investing in leveraged ETFs? Here's what they don't want you to know about leveraged ETFs: THEY ARE HIGHLY RISKY INVESTMENTS! In this video I provide a quick, to-the-point, summary of how Leveraged ETFs work, explain leveraged ETFs risk, and reasons why I DO NOT recommend trading leveraged ETFs in my investment portfolio or retirement accounts and instead recommend holding index funds. Remember, Financial freedom is found through discipline! 💸 Access Financial Freedom Resources: https://bit.ly/chisholmsubscribe 🚀 Join My FREE Retirement Planning Basics Course: https://bit.ly/chisholmretirementbasics 🗓️ Schedule a FREE Initial Consultation! : https://bit.ly/chisholmfinancialschedule ✅ Subscribe! : https://www.youtube.com/@chisholmfinancial ✅ My Twitter : https://bit.ly/ChisholmTwitter ✅ My Substack : https://bit.ly/ChisholmSubstack ✅ My Instagram : https://bit.ly/ChisholmInsta Timestamps: 0:18 - What is a Leveraged ETF ? 0:42 - Leveraged ETF example 1:27 - What is an ETF and how is it different from an index? 2:45 - Regular ETF vs Leveraged ETF 3:09 - How Leveraged ETFs provide greater returns 3:35 - Risks of investing in Leveraged ETFs 5:15 - Why I invest in index funds instead of ETFs Leveraged ETFs Explained (Stock Market for Beginners), why Leveraged ETFs - Not The Return Cheat Code You'd Expect, Leveraged ETF's Explained | Hint: Don't Do It, leveraged etf long term will not provide safe returns, dangers of leveraged etfs are numerous. #etf #etfs #financialfreedom

Inflation will impact your retirement plan in major ways. Here's a short overview of the current inflation projections I, as a professional financial planner, use to create my clients' retirement plans. Retirement planning is scenario planning, and inflation could change in drastic ways between now and when you come up on retirement. Remember, financial freedom is found through discipline!

If are new to investing, rebalancing your portfolio, or planning for retirement, chances are you've come across index funds, mutual funds, and ETFs. Which of these investment products is best for your portfolio? Let's compare. (SPOILER!) I recommend index funds. Mutual funds are actively managed, meaning they almost always come with higher fees (higher expense ratio). The extra savings from index fund investments will pay off in the long term! Remember, financial freedom is found through discipline. 💸 Access Financial Freedom Resources: https://bit.ly/chisholmsubscribe 🚀 Join My FREE Retirement Planning Basics Course: https://bit.ly/chisholmretirementbasics 🗓️ Schedule a FREE Initial Consultation! : https://bit.ly/chisholmfinancialschedule ✅ Subscribe! : https://www.youtube.com/@chisholmfinancial ✅ My Twitter : https://bit.ly/ChisholmTwitter ✅ My Substack : https://bit.ly/ChisholmSubstack ✅ My Instagram : https://bit.ly/ChisholmInsta #indexfunds #mutualfunds #etf

Are you wondering what are the duties of a trustee of a trust? Let's explain the basics in 27 seconds. A trust comes into play for estate planning and financial planning and is a crucial part of a retirement plan. If you are forming a trust, appointing a trustee, or acting on behalf of someone who is this is for you. Remember, financial freedom is found through discipline!

A Roth conversion strategy is great for retirement investors who can't contribute to a Roth IRA any other way. You just want to learn how to optimize your contributions yearly to avoid tax penalties! Let's find financial freedom!

Take a listen to my review of G. Edward Griffin’s famous book, The Creature From Jekyll Island: A Second Look At The Federal Reserve. I discuss all things about the "Fed," including the relationship between interest rates and inflation and how the federal reserve’s actions impact the economy. I also provide a brief history on the Fed, their purpose, and what the world could look like without their involvement in the marketplace. If you are are into Bitcoin, Gold, or just distrust the federal reserve's monetary policy this episode is for you! Remember, financial freedom is found through discipline! 02:45 – Stream Starts Resources Federal Reserve Board - About the Fed (https://www.federalreserve.gov/aboutthefed.htm) Federal Reserve Board - Structure of the Federal Reserve System (https://www.federalreserve.gov/aboutthefed/structure-federal-reserve-system.htm) The Creature from Jekyll Island: A Second Look at the Federal Reserve by G. Edward Griffin | Goodreads (https://www.goodreads.com/book/show/66499.The_Creature_from_Jekyll_Island) 💸 Access Financial Freedom Resources: https://bit.ly/chisholmsubscribe 🚀 Join My FREE Retirement Planning Basics Course: https://bit.ly/chisholmretirementbasics 🗓️ Schedule a FREE Initial Consultation! : https://bit.ly/chisholmfinancialschedule ✅ Subscribe! : https://www.youtube.com/@chisholmfinancial ✅ My Instagram : https://bit.ly/ChisholmInsta ✅ My Twitter : https://bit.ly/ChisholmTwitter ✅ My Substack : https://bit.ly/ChisholmSubstack Timestamps: 02:45 – Stream Starts 04:29 – Introduction to The Creature From Jekyll Island 06:24 – What is the Federal Reserve? 08:23 – How the federal reserve conducts monetary policy using interest rates 13:38 – What I liked about G. Edward Griffin’s book (and why Bitcoin) 17:20 – Critiques of The Creature From Jekyll Island 20:39 – Overall takeaways: What to do with this information 22:16 – Intro to next week’s topic (Life Insurance) #federalreserve #thefed #inflation

This live we discuss the Backdoor Roth IRA concept. We outline: 1. What is a "Backdoor Roth Conversion." 2. Who should be using this strategy. 3. How to fund a Backdoor Roth IRA & the long-term benefits of having Roth money in retirement. Remember, Financial freedom is a process, not a destination! Stream starts: 2:02 📚 Online Courses Now Available! : https://bit.ly/chisholmdispatch 🚀 Join My FREE Retirement Planning Basics Course: https://bit.ly/chisholmretirement 🗓️ Schedule a FREE Initial Consultation! : https://bit.ly/chisholmfinancialschedule ✅ Subscribe! : https://www.youtube.com/@chisholmfinancial ✅ My Instagram : https://bit.ly/ChisholmInsta ✅ My Twitter : https://bit.ly/ChisholmTwitter ✅ My Substack : https://bit.ly/ChisholmSubstack Timestamps: 02:02 – Stream starts 03:02 – What is a Roth IRA? 03:55 – Roth IRA vs Traditional IRA 06:54 – The argument for a Roth IRA 08:45 – Different methods for Roth savings 10:54 – The backdoor Roth conversion strategy 13:36 – How often should I be contributing to a Roth? 14:25 – Closing tips for the backdoor Roth IRA #rothira #rothconversion #retirement

Want to maximize you're retirement savings? Roth money is one of the most powerful tools for retirement savings, and I recommend all of my clients fund a Roth IRA for retirement as soon as possible! If you are a high-income earner and can't contribute other ways (either directly or through an employer sponsored plan), I highly recommend using the backdoor method. In this video I explain everything you need to know about the Roth IRA conversion strategy so you can get started as quickly as possible and start saving for retirement today! Remember, financial freedom is a process, not a destination! 📚 Online Courses Now Available! : https://bit.ly/chisholmdispatch 🚀 Join My FREE Retirement Planning Basics Course: https://bit.ly/chisholmretirement 🗓️ Schedule a FREE Consultation! : https://bit.ly/chisholmfinancialschedule ✅ Subscribe! : https://www.youtube.com/@chisholmfinancial ✅ My Instagram : https://bit.ly/ChisholmInsta ✅ My Twitter : https://bit.ly/ChisholmTwitter ✅ My Substack : https://bit.ly/ChisholmSubstack Timestamps: 0:00 - What is a Roth IRA? 1:59 - Roth IRA to Traditional IRA (retirement tax comparison) 2:51 - How to build Roth money for retirement 3:35 - Backdoor Roth conversion rules & contribution limits 5:14 - How to fund a backdoor Roth IRA 7:01 - Recap: steps to fund backdoor Roth 8:00 - How often should you be making a Roth conversion? #rothira #retirement #rot#financialfreedom

What is the FedNow system? The new Federal Reserve instant payment system was scheduled to go live in July 2023. Will the Fed keep schedule and what do you need to know? In this video I explain what FedNow is, how it works, and how it will compete with other payment systems like Paypal and Zelle. I'll also answer the dreaded CBDC question for those who wonder if FedNow is a stepping stone to an eventual Central Bank Digital Currency. Remember, financial freedom is a process, not a destination! 📚 Online Courses Now Available! : https://bit.ly/chisholmdispatch 🚀 Join My FREE Retirement Planning Basics Course: https://bit.ly/chisholmretirement 🗓️ Schedule a FREE Consultation! : https://bit.ly/chisholmfinancialschedule ✅ Subscribe! : https://www.youtube.com/@chisholmfinancial ✅ My Instagram : https://bit.ly/ChisholmInsta ✅ My Twitter : https://bit.ly/ChisholmTwitter ✅ My Substack : https://bit.ly/ChisholmSubstack #fednow #cbdc #federalreserve

You need to have a good Roth Conversion Strategy to build the best possible retirement plan. Convert in the low income years! Save your taxable income most effectively in a Roth IRA for retirement planning.

wondering if you should buy and hold stock or sell regularly? Let's track the progress of $100 held in the S&P 500 over time. Remember, financial freedom is a process, not a destination!

This week I will answer the top five questions I received from clients this week: 1. What should I be planning for inflation now and through my retirement, particularly if I'm young? 2. When is it worth it to convert and IRA to a Roth? 3. Do I have to pay capital gains on the sale of my rental property? (How does capital gains and potential exclusions work.) 4. Does my power of attorney and Trust trustee have to be the same person? (Estate Planning Question) 5. What tax benefits apply to someone who may be adopting a child? Here are some resources: • The adoption tax credit. Topic No. 607 Adoption Credit and Adoption Assistance Programs | Internal Revenue Service (irs.gov) Biggest issue is there as an income limitation. (https://www.irs.gov/taxtopics/tc607) • Deducting qualified expenses related to the adoption. (The 2023 Federal Adoption Tax Credit | AdoptHelp) (https://www.adopthelp.com/the-2023-federal-adoption-tax-credit/) Financial freedom is a process, not a destination! Stream starts: 0:28 📚 Online Courses Now Available! : https://bit.ly/chisholmdispatch 🗓️ Schedule a FREE Initial Consultation! : https://bit.ly/chisholmfinancialschedule ✅ Subscribe! : https://www.youtube.com/@chisholmfinancial ✅ My Instagram : https://bit.ly/ChisholmInsta ✅ My Twitter : https://bit.ly/ChisholmTwitter ✅ My Substack : https://bit.ly/ChisholmSubstack Timestamps: 00:28 - Stream starts 02:47 - How to plan for inflation in retirement 04:12 - When you should do a Roth conversion 06:45 - Capital gains tax rules for rental properties 11:58 - Best practice for power of attorney & trust trustee appointments 13:41 - Adoption tax benefits #adoption #taxplanning #rothconversion

If you are preparing for retirement you need to understand compound interest and how to invest for wealth. Don't sleep on this important concept! Compounding interest leads to exponential growth and is critical to long-term financial planning success. Remember, financial freedom is a process, not a destination! 📚 Online Courses Now Available! : https://bit.ly/chisholmdispatch 🗓️ Schedule a FREE Consultation! : https://bit.ly/chisholmfinancialschedule ✅ Subscribe! : https://www.youtube.com/@chisholmfinancial ✅ My Instagram : https://bit.ly/ChisholmInsta ✅ My Twitter : https://bit.ly/ChisholmTwitter ✅ My Substack : https://bit.ly/ChisholmSubstack #retirementplanning #compoundinterest #retirementterminology

Looking to make the right choice between a Roth IRA and Traditional IRA? In this video, I provide a quick breakdown of the two types of Individual Retirement Accounts and explain why I love the roth IRA. Discover the tax advantages and key considerations for each option so you can make the right decision for your retirement future! Financial freedom is a process, not a destination! 📚 Online Courses Now Available! : https://bit.ly/chisholmdispatch 🗓️ Schedule a FREE Consultation! : https://bit.ly/chisholmfinancialschedule ✅ Subscribe! : https://www.youtube.com/@chisholmfinancial ✅ My Instagram : https://bit.ly/ChisholmInsta ✅ My Twitter : https://bit.ly/ChisholmTwitter ✅ My Substack : https://bit.ly/ChisholmSubstack #rothira #traditionalira #retirementaccounts

Figuring out your retirement routine will help you with retirement planning. Community involvement and family is often a big part of a retirement plan. These are the questions you need to be asking so you can build a financial plan that helps you achieve your goals and find financial freedom now!

If you want to travel in your retirement you need to start thinking about it now so you can create a financial plan that prioritizes saving for that. This is what retirement planning is all about! Find financial freedom.

Physical and mental health is important for a balanced, comfortable life. Retirement planning isn't just about your finances, your overall health and wellbeing is critical to finding freedom and financial freedom! #shorts #retirement #retirementplanning

#403b #retirement #retirementplanning What are an employee sponsored plans? Don't sleep on the power of your 401k or 403b! Employee retirements plans will help you maximize your retirement savings with automatic payroll deductions. Later on down the line, you might be able to roll these monies into a Roth IRA to maximize your retirement saving benefits. Learn more about roth conversions here: https://youtu.be/_8ZdwSw7ZrA Financial freedom is a process, not a destination! 📚 Online Courses Now Available! : https://bit.ly/chisholmdispatch 🗓️ Schedule a FREE Consultation! : https://bit.ly/chisholmfinancialschedule ✅ Subscribe! : https://www.youtube.com/@chisholmfinancial ✅ My Instagram : https://bit.ly/ChisholmInsta ✅ My Twitter : https://bit.ly/ChisholmTwitter ✅ My Substack : https://bit.ly/ChisholmSubstack

How you spend your day is how you spend your life. Retirement planning is a critical part of a balanced financial plan and crucial to finding financial freedom. If you want to retire early or if you want to retire comfortably, financial planning is what gets you there. #shorts #retirement #retirementplanning