In today's fast-paced world, navigating the complexities of financial planning is very difficult at times. Many individuals find themselves asking, "What exactly does working with a financial advisor entail?" Today we’re going to shed light on this very question, offering a comprehensive guide to understanding our role and our process for planning.

Join Todd and David as they take listeners on a journey through their six-step approach to financial advising. They emphasize the importance of aligning financial goals with personal values, a concept that resonates deeply throughout the episode. As Todd aptly puts it, "If our goals don't line up with our values, there's a disconnect, and we're oftentimes doomed to failure." This foundational principle serves as the bedrock for their unique approach to financial planning.

For anyone considering working with a financial advisor, this episode is a must-listen. It not only demystifies the process but also highlights the importance of aligning financial decisions with personal values.

Here’s some of what we discuss in this episode:

• How faith drives Todd and David in their financial decision making.
• Why it’s so important to align your financial goals with your values.
• The process of getting to know your team at Kemp Harvest.
• Every client is assigned an onboarding specialist to help facilitate the process.
• A look inside the six-step process we work through.

Contact:

If you have any questions, call 215-513-4330 or visit https://www.kempharvest.com/

One of the first questions that anyone asks before working with a financial advisor is how do you get paid? It’s a great question because there are different fee structures, and understanding what each means can help you choose the right type of service for your needs.

In this episode, we’ll down the different ways that advisors get paid and the types of clients often drawn to these different types of advisors. We’ll break down the four main categories of financial advisory services: do-it-yourself, product-based, fee-for-service, and partnership. So whether you're a DIY investor, need a specific financial product, seek comprehensive planning, or want a long-term partnership, this episode will guide you through the pros and cons of each option.

Ultimately, it’s important that you build a true partnership with your financial advisor and we hope this show helps make that easier.

Here’s some of what we discuss in this episode:

• The four types of clients in financial planning.
• How commission-based payments work.
• Payment by way of a planning fee and how this is structured.
• How the relationship between advisors and clients is a genuine partnership.
• Advisors who are paid a fee based on how a portfolio performs.

Contact:

If you have any questions, call 215-513-4330 or visit https://www.kempharvest.com/

As we approach the fall, many employees will soon receive emails from their HR departments about open enrollment for the 2025 calendar year. This period is crucial for reviewing and selecting the benefits that best meet your needs. To help us better understand our options and what coverage is best, we are excited to have Kelly Brownell, a seasoned expert in open enrollment and employee benefits, on the show for this important episode.

Here’s some of what we discuss in this episode:

• Why open enrollment is important and what the open enrollment period allows you to do.
• Non-health insurance benefits to take a look at as an employee during open enrollment.
• Where you should go to get your questions about benefits addressed.
• Under what circumstances can you change your benefits mid-year?
• The future of employee benefit packages.

Connect with our guest: https://www.linkedin.com/in/kelly-brownell-28b182156

Contact:

If you have any questions, call 215-513-4330 or visit https://www.kempharvest.com/

As summer winds down and the new school year approaches, now is the perfect time to consider your strategy for saving for your child’s college education. We all know that college isn’t getting any cheaper, so a proper financial plan is crucial in helping your child make this big commitment.

Join Todd and David as they explore key aspects of college financial planning. They provide practical advice on saving strategies, helping your child define their educational and career goals, understanding student loan options, and making the most of popular 529 plans. Tune in for valuable insights and tips!

Here’s some of what we discuss in this episode:

• Getting on the same page as a family when it comes to college
• Helping your child figure out their future goals
• Saving and paying for your children’s college education
• 529 plans as a savings vehicle for college
• Paying off school loans + FAFSA

Saving For College Website

https://www.savingforcollege.com/

Contact:

If you have any questions, call 215-513-4330 or visit https://www.kempharvest.com/

We are excited to have Elder Law Attorney, Maureen Anderson, on the show with us today. She joins us to discuss the benefit of intergenerational conversations surrounding end-of-life planning and wealth transfer. Starting these conversations with your loved ones can be challenging, so we’re excited to have Maureen’s perspective and insights to help approach these topics as effectively as possible.

Tune in as Maureen explains why open and honest family discussions are crucial for future planning, and shares valuable tips to get these conversations started. These discussions should cover everything from wills and powers of attorney to healthcare directives and living wills. By addressing these topics early and revisiting them regularly, families can ensure that everyone is on the same page and prepared for whatever the future holds.

Here’s some of what we discuss in this episode:

• The scope of Maureen’s practice as a Certified Elder Law Attorney
• The importance of end-of-life planning and getting your documents in order
• Why it’s so important to have these conversations with family members as early as possible
• How you can start having these conversations with family members
• What you should talk about with your kids + when professionals should get involved

Contact:

If you have any questions, call 215-513-4330 or visit https://www.kempharvest.com/

When you hear the word "insurance," what comes to mind? No matter how you feel about it, it's a complicated and often confusing topic for many. So, in this episode, we're going back to basics, breaking down different types of insurance and their roles in protecting your finances.

Listen in as we discuss auto, home, umbrella, disability, and life insurance. While insurance may not be the most thrilling topic, it's an essential component of a solid financial plan. We're here to arm you with the clarity and insights you need to navigate the world of insurance confidently!

Here’s some of what we discuss in this episode:

• The importance of auto and home insurance
• Understanding insurance coverage details like deductibles and liability
• The benefits of umbrella insurance
• How disability insurance works + assessing your coverage needs
• The various roles of life insurance

Contact:

If you have any questions, call 215-513-4330 or visit https://www.kempharvest.com/

There’s no doubt that healthcare expenses are one of the biggest things you must plan for when it comes to retirement. Because of this, many want to know how Medicare will fit into their overall healthcare expenses. In today's show, David Lawrence is going to sit down with seasoned healthcare expert, Jim Long, to explore the intricacies of Medicare.

With 16 years of experience under his belt, Jim brings clarity to the often-confusing aspects of Medicare eligibility, enrollment, and plan selection. So, if you’re nearing retirement and feeling overwhelmed by Medicare options, tune in as David and Jim take it back to the basics. We hope you find this conversation helpful!

Here’s some of the questions that are answered in this episode:

• What is Medicare and how does it fit into retirement healthcare expenses?
• What are the eligibility requirements for Medicare enrollment and how far in advance should someone take action?
• What are the options for individuals retiring before the age of 65 to bridge to Medicare?
• What are the differences between Medicare Advantage and Medicare supplemental plans?
• How does Medicare drug coverage work alongside these plans?
• Do people have to renew their Medicare plans each year, and if so, when?
• Do all doctors and hospitals accept Medicare?

Learn more about Jim

https://www.yisonline.com/jim-long.html

Contact:

If you have any questions, call 215-513-4330 or visit https://www.kempharvest.com/

In today’s episode, we’re going to take some time to focus on an often overlooked, but crucial aspect of retirement planning. While financial preparedness is undeniably important, there’s more to retirement readiness than just the numbers in your 401k. Stay tuned as Mark and Todd explore some of the non-financial elements that can significantly impact your retirement experience.

During this conversation, the duo unpacks a Market Watch article that highlights the disparities between the expectations of pre-retirees and the actual experiences of retirees. They chat about the unexpected challenges retirees encounter during the transition from the workforce to retirement life and focus on the importance of social interaction, mental stimulation, and flexibility in retirement planning. Tune in for a great conversation on planning for a fulfilling post-work life

Here’s some of what we discuss in this episode:

• Having a strong social network in place as you approach retirement age
• Keeping your mind stimulated and creatively challenged in retirement
• Planning for unexpected events, such as health crises or caregiving responsibilities for aging parents
• Retirees often experience a longer adjustment period than expected

Contact:

If you have any questions, call 215-513-4330 or visit https://www.kempharvest.com/