Saving With Silverman

Life rarely follows a straight line. New jobs, layoffs, inheritances, health challenges, and the loss of a spouse can dramatically change your financial picture, often when you're least prepared for it. Mark discusses several major life transitions that should prompt a financial review and explains the key decisions that often arise during these moments. Having a process in place can help you avoid costly mistakes when life changes unexpectedly. Here’s what we discuss in today’s show: 💼 New Job: Reviewing benefits, savings, and goals 🚪 Layoff or Termination: Evaluating options and next steps 💰 Inheritance: Avoiding taxes and costly mistakes 🏥 Medical Challenges: Preparing for income disruptions ❤️ Loss of a Spouse: Navigating financial decisions together 📋 Comprehensive Planning: Looking beyond investment products Want to get in touch with Mark? Web: https://silverman-associates.com/home Email: mark@silverman-associates.com Phone: 520.512.8832

It’s a Mailbag episode, and Mark’s tackling three real questions from listeners. He shares straightforward guidance designed to help you think through common concerns, so you can make more confident choices with your money. Different situations, same goal: making smart decisions that hold up over time. Here’s what we discuss in today’s show: 🏦 Loan vs Gift: Put agreements in writing to avoid tax and family issues 🔄 401(k) Rollover: More control and flexibility outside your employer plan 💍 Wedding Planning: Start early with a dedicated savings account ⚖️ Fairness Matters: Think through long-term impact on family dynamics Submit your question: https://silverman-associates.com/radio Want to get in touch with Mark? Web: https://silverman-associates.com/home Email: mark@silverman-associates.com Phone: 520.512.8832

Want to get in touch with Mark? 👉 https://silverman-associates.com/home Planning for retirement has a lot in common with playing golf. In this episode, Mark uses the golf course as a metaphor for smart investing and retirement planning. Retirement has its own “hazards.” Unexpected healthcare costs, tax surprises, market downturns to name a few. The danger isn’t just in the risk, but in not seeing it coming. Good planning doesn’t just aim for the green; it identifies the bunkers and creeks in your way. Here’s what we discuss in today’s show: ⛳ Retirement & Investing: why consistency beats the search for a “hole in one” strategy 💸 Annuity Caution: understanding sales pitches that sound too good to be true 🎯 Right Club, Right Shot: how diversification helps you adapt to changing markets 🧾 Advisor’s Role: how an advisor acts as your financial caddy, guiding your full game plan Want to get in touch with Mark? Web: https://silverman-associates.com/home Email: mark@silverman-associates.com Phone: 520.512.8832

Want to get in touch with Mark? 👉 https://silverman-associates.com/home When it comes to retirement, there are certain realities you simply can’t ignore, no matter how much you might want to. In this episode, Mark takes a practical look at the challenges retirees face and how to prepare for them with confidence. The best way to be ready for a major life change is to learn as much as you can ahead of time so let’s make sure you know what’s coming. Here’s what we discuss in today’s show: ⏳ Longer lifespans mean your money must last decades, not years 💊 Healthcare and long-term care costs rise faster than inflation ✈️ Enjoy active retirement early while health allows it 💸 Beware of high-commission products that promise easy fixes Want to get in touch with Mark? Web: https://silverman-associates.com/home Email: mark@silverman-associates.com Phone: 520.512.8832

Want to get in touch with Mark? 👉 https://silverman-associates.com/home In today’s mailbag, Mark answers three real listener questions. First, when it’s time to replace a car, is it smarter to use your emergency fund, pull from an IRA, or finance with a monthly payment? Next, a recent college grad asks how much she should realistically save each month toward retirement, a home, and future travel. Finally, a listener approaching retirement wonders if having less than a million dollars saved is enough to live comfortably. Here’s what we discuss in today’s show: 🚗 Weighing options for buying a car in retirement 💰 Why emergency funds should always be replenished 📈 Starting small and increasing savings over time 🧮 Why “a million dollars” isn’t a magic retirement number 🛠️ How a financial plan adapts to your unique life Want to get in touch with Mark? Web: https://silverman-associates.com/home Email: mark@silverman-associates.com Phone: 520.512.8832

Want to get in touch with Mark? 👉 https://silverman-associates.com/home Major life decisions (like taking a big trip or starting a business) can all have lasting effects on your financial future. The impact isn’t always obvious upfront, but without a solid plan, even a well-intentioned move can throw retirement off course. This episode, Mark talks about making smart choices before money becomes a source of stress. It’s not just about cutting back or saying no, it’s about understanding how each decision fits into the bigger picture. Here’s what we discuss in today’s show: 💰 Turning $500K into reliable income 📉 The annuity pitch and why to think twice 🧾 Health insurance after leaving a full-time job ⚠️ Why entrepreneurship in your 50s requires extra caution 🏰 Can you afford Disney before you retire? Want to get in touch with Mark? Web: https://silverman-associates.com/home Email: mark@silverman-associates.com Phone: 520.512.8832

You can have the perfect investment plan, but the wrong mindset can still derail your retirement. In this episode, Mark explores some of the most dangerous mental traps he’s seen people fall into during their financial journey, and how to avoid them. Tune in to discover what could quietly unravel even the strongest portfolios. Here’s what we discuss in today’s show: 😨 Fear-based choices that could derail your future 🚀 Overconfidence often leads to too much risk at the wrong time 🧠 How media negativity can cloud smart decision-making 💤 Does “set it and forget it” work? 🔍 Finding the right advisor Want to get in touch with Mark? Web: https://silverman-associates.com/home Email: mark@silverman-associates.com Phone: 520.512.8832

It’s one of the most misunderstood numbers in personal finance, and yet it can shape everything from your mortgage rate to your insurance premiums. In this episode, Mark breaks down what your credit score actually measures, why it matters even if you're financially comfortable, and how small, consistent habits can make a big difference over time. Here’s what we discuss in today’s show: 📉 One error that can drag your score down fast 💳 The 30% rule for smart credit card use 📊 How small habits affect your credit over time 🔐 Why closing that old credit card might backfire 🔎 Why it’s important to keep an eye on your credit score Resources for this episode: Bankrate: https://www.bankrate.com Want to get in touch with Mark? Web: https://silverman-associates.com/home Email: mark@silverman-associates.com Phone: 520.512.8832