In this episode of the "What Is Your Money Really For?" podcast, Tyler Braun, Director of Financial Planning, explores innovative strategies for leaving a meaningful financial legacy. He shares a compelling client story that illustrates the complexities of required minimum distributions (RMDs) and how to help transform them into tax-free inheritances for the next generation. Tyler emphasizes the importance of goal-oriented planning and effective communication between clients and their financial advisors. He also highlights the value of asking the right questions and thinking outside conventional approaches to help maximize the potential of one’s wealth. Tune in to discover ways to help align your financial decisions with your ultimate goals, even in the later stages of life.
The Tranel Financial Group
www.tranelfinancial.com
1509 N Milwaukee Ave, Libertyville, IL 60048
847-680-9050
Join Jenna Bradford and Tyler Braun as they discuss how where you live could influence your financial strategy, covering key topics like taxes, cost of living, and long-term planning. Learn how the state you live in might affect your financial situation and explore factors that could impact your financial decisions and future planning.
Tyler, the Director of Financial Planning at The Tranel Financial Group, to explore a transformative approach to financial planning. They delve into a real-life client story that illustrates the power of goals-based financial planning, particularly when it comes to leaving a legacy. Tyler shares how a couple in their 70s, with a strong financial foundation, leveraged strategic planning to not only secure their own future but also create a lasting impact for their children. Learn how to navigate complex financial scenarios, think beyond conventional wisdom, and ensure your money works towards what truly matters to you and your loved ones. This episode is packed with actionable insights on how to turn required minimum distributions (RMDs) into a tool for wealth transfer, estate planning, and tax-efficient legacy building.
In this episode of the "What Is Your Money Really For?" podcast, Tyler Braun, the Director of Financial Planning, discusses the essential aspects of working with a financial advisor. Tyler emphasizes the importance of education and goal-oriented planning, highlighting how advisors should communicate effectively to ensure clients understand their financial strategies and decisions. Tyler also explains the varying levels of interaction required based on clients' asset levels and life stages, stressing the significance of a trusted and educational relationship between advisors and their clients.
The Tranel Financial Group www.tranelfinancial.com 1509 N Milwaukee Ave, Libertyville, IL 60048 847-680-9050
Tyler Braun, Director of Financial Planning
Welcome to another episode with The Tranel Financial Group! Today, we have Tyler, the Director of Financial Planning, diving deep into the mindset and strategies of the top 5%. Discover how they view money, make decisions, and plan for a prosperous future. Learn practical tips to reframe your financial perspective, avoid lifestyle creep, and invest in yourself. Tune in for actionable insights to start implementing today, helping you achieve your long-term goals.
The Tranel Financial Group 847-680-9050 www.tranelfinancial.com 1509 N Milwaukee Ave, Libertyville, IL 60048
In this episode Tyler Braun, Director of Financial Planning, talks about the benefits of compounding interest, maximizing 401k contributions, and utilizing Roth IRAs for tax-free growth. Tyler highlights the power of setting financial goals and creating a checklist to ensure effective wealth accumulation, ultimately leading to long-term financial success and stability.
Tyler Braun, Director of Financial Planning, explains how to maximize the benefits of life insurance—not just as a protective measure for you and your loved ones in the event of a death, but also as a means to access Tax-efficient income streams and unlock your nest egg.
The Tranel Financial Group
1509 N Milwaukee Ave, Libertyville, IL 60048
847-680-9050
Jenna Bradford, President and Tyler Braun, Director of Financial Planning talk about having your assets work for you. Tyler goes through solutions driven by your goals and how to have your dollars work for you. He talks about how every dollar is not created equally.
The Tranel Financial Group
1509 N Milwaukee Ave, Libertyville, IL 60048
847-680-9050
Jenna Bradford, President and Tyler Braun, Director of Financial Planning talk about what it means to consumers when the media talks about consumer price index.
The Tranel Financial Group
1509 N Milwaukee Ave, Libertyville, IL 60048
847-680-9050
Financial Advisor, Jeff Beck, and President, Cody Braun, talk through money under the mattress and money in the stock market. Learn about how people and some strategies to employ within the stock market.
Jennifer Merida, CDFA®, talks through what to look for when working with a divorce financial planner and how they can help you come out ahead in divorce. Divorce impacts approximately 50% of Americans and we can help.
Tyler Braun, Financial Advisor, and Cody Braun, President, go through restricted stock units and deferred compensation for high income earners. Tyler goes through the right and wrong thing to do with each strategy. Listen to learn more about how each strategy can impact your future and taxes.
Jeff Beck, Financial Advisor, goes through diversification, and who knew there were so many ways to diversify! He gives some good insights on what to ask a potential financial advising firm that you would work with
Very last, Jeff gives some good insight into Meme Stocks! An example of a Meme Stock is GameStop.
Jennifer Merida, CDFA, with The Tranel Financial Group goes through why you would work with a CDFA and how they can help you. When going through a divorce, it's a very emotional time and decisions can be made with haste. Learn how working with a CDFA can help you come out ahead in a divorce.
Cody Braun, President, and Tyler Braun, Financial Advisor, talk through the benefits of financial planning and what might be holding you back from doing working with a financial professional to help better your future.
Money is a topic that crosses our minds daily. So much in our lives, we think about our money for bills/necessities, therefore we think we think once we get a paycheck, we need to spend on the monthly payments. Have you ever thought about how you spend, then save, then give whatever is left over? Cody Braun, President, goes into details on another way to think about your money and what is this money really for?
Divorce cannot be desrcibed without the word finace, which is why you need a Certified Divorce Financial Analyst to help you through a situation as complex as divorce. A CDFA is a calming presense and a strong resource to help you make the best decisions for your future.
When seeking out a Financial Adivsor that is the best fit for you, a lot people don't know which questions are "right" or appropriate. A lot of the time, when working with a financial adivsor, the final decision is the relationship and trust. Tyler Braun, Financial Advisor, will go into some questions to make sure you ask your advisor to ensure you are on a successful path!
To save or to spend your hard earned money? We go through case studies talking about different situations on when you should save or spend for the future. There is a balance to enjoying a wonderful life and still building for a successful future.
