New Retirement Radio with Dennis Prout Podcast
Business & Finance
About
The days of simple retirement planning are gone and those who can manage their own portfolio are choosing not to. Prout Financial Design began over 25 years ago as an education based financial planning practice. Dennis Prout, Certified Financial Planner, believes that each client should not only understand their finances, they should be actively involved in the decisions made. Join the conversation! Dennis' radio show can be heard LIVE every Thursday at 10 am on News Talk 580 am or you can listen here instead. Thanks for tuning in! Advisory Services offered through Capital Asset Advisory Services, a Limited Liability Company, and a Registered Investment Advisor. Prout Financial Design does not provide tax, accounting, or legal services. Please consult the appropriate professional regarding your individual circumstance. Not associated with or endorsed by the Social Security Administration or any other government agency.
Episodes
- Episode 451 - Living Longer, Planning Smarter & Rethinking Roth
Here we are, on the cusp of May, with more sunshine and warmer weather (well, relatively). And, per usual, we have so much to talk about and so little time. On this week's show, Dennis will explain how living longer than you expect can aff…
- Episode 450 - Rapid Change, Resilient Markets
Shockwaves and Comebacks: Investing in an Acceleration Economy Ever feel like the pace of change continues to increase, and sometimes at an exponential rate? Quite honestly, I (Dennis) was feeling this as I reviewed the articles we approve…
- Episode 449 - Uncertain Times Mean Strategic Moves
This episode of New Retirement Radio covers navigating uncertain economic times with strategic investment moves. It includes advice on recession-proofing life based on a Fidelity article and guidance on investing an inherited IRA for non-s…
- Episode 448 - Plan the Ride. Plan the Exit.
This episode of New Retirement Radio covers managing market volatility with a solid plan and preparing a business for sale, highlighting smart moves owners can make.
- Episode 444 - Global Tensions and Your Retirement Plan
This episode discusses the impact of geopolitical tensions, such as those involving Iran, on financial markets and retirement savings. It emphasizes portfolio diversification as a key strategy for managing risk during uncertain times and h…
- Episode 443 - Charitable Giving Advantages
This episode of New Retirement Radio explores charitable giving, focusing on eight key questions for individuals. It discusses the potential tax advantages of donating Required Minimum Distributions from IRAs to charity and references Capi…
- Episode 442 - Sorry Mr. Musk, Saving Still Matters: Tax Tips for Your Future
In this episode of New Retirement Radio, Dennis Prout discusses why saving for retirement remains important despite advances in AI. CPA Jon Sluis shares tax tips, highlighting key changes and potential complications from recent legislation.
- Episode 441 - Weathering Financial Climates
Is this the coldest winter we've had in 11 years, or are we just returning to what was "normal" 25 years ago? The answer to both could be "yes." Unlike weather, however, not everything in the financial arena is due to change … well … right…
- Episode 437 - Heave-Ho-Ho-Ho!
The end of 2025 is upon us, and it's been a great year, but we still have so much more to talk about! So, in an effort to "clear our plate," today's show is focused on giving the "heave-ho!" to so many topics we've yet to discuss. To start…
- Episode 440 - Is Your Retirement Strategy Built to Last?
On today's show, we're tackling three topics that could have a substantial impact on your financial future. First, we'll break down the new rules regarding inherited IRAs – what's changed, what's at stake, and how beneficiaries can avoid c…
- Episode 439 - 59½ and Counting … Making SMART Pre-Retirement Choices
There are so many financial topics to discuss these days, we're literally asking ourselves, "Where do we begin?" Let's dive in, shall we? We'll start today's show by reviewing the recent Kiplinger article, "Turning 59½: 5 Planning Moves Mo…
- Episode 438 - Long-Term Perspectives for 2026
Happy New Year! This week on the radio show, we're kicking things off by zooming out and taking a thoughtful look at long-term perspectives for the markets and the economy heading into 2026. With so much happening in the world, both what w…
- Episode 436- Special Guest: Ed Slott
On today's show, we're rolling out the red carpet for none other than Ed Slott, bringing you the kind of retirement insight only a CPA with his depth of experience and education can deliver. The Wall Street Journal calls Ed "the best sourc…
- Episode 435 - Lock in Today, Retire Tomorrow – Smart Moves for 2026!
Welcome back! We hope you had a warm, joyful Thanksgiving surrounded by family, friends, and maybe just a little too much pumpkin pie. As we ease our way out of our first holiday haze and gear ourselves up for the next, we've got a great s…
- Episode 434 - Bubble Trouble? What Today's Market Signals Mean for Investors
On this week's show, we'll dive into the question many people are asking: Are we in a bubble stock market? We'll delve into the aspects of this and uncover what analysts are saying about today's economy, what history teaches us and current…
- Episode 433 - Maximizing Your Social Security Benefits
We're thrilled to welcome Bob Simpson back to the studio for another insightful journey through the world of Social Security. Recently retired but far from slowing down Bob is a familiar name to many in our community. On today's show, Bob…
- Episode 432 - To Z or Not to Z...
As Gen Z steps fully onto the investment scene, we're seeing some fascinating shifts developing, some of which people say even echo the Roaring '20s. Though today's frenzy isn't fueled by cars, radios and airplanes, it's powered by generat…
- Episode 431 - Fall Into Financial Focus: Thinking About Year-End
"The falling leaves drift by the window …" as Nat King Cole so brilliantly put it. It is fall after all, and this week we appear to be at maximum color. Such a short time ago the leaves were just coming out, now they are falling. What else…
- Episode 430 - Medicare Made Simple
We have an absolute powerhouse lineup joining us in the studio today! We're thrilled to welcome Dawn McConnell, Laverna Witkop, and Alicia Ford from Ford Insurance Agency, here to talk about all things Medicare. With decades of experience…
- Episode 429 - Competing Notions of the Economy
As prospects for a government shutdown increase, people, especially investors, want to know what a shutdown might mean for the stock market. In addition, you might be asking, "How far into my life does the Federal government need to intrud…
- Episode 428 - One Big Beautiful Bill – Big Impact or Big Bust?
For months now, everyone's been talking about the Trump administration's One Big Beautiful Bill Act (OBBBA) signed into law on July 4th of this year. At nearly 900 pages long, the OBBBA brings quite a few changes to U.S. tax laws. Though s…
- Episode 427 - Forever Remembered
On today's show, we pause to remember a day that forever changed our nation – September 11, 2001. We dedicate this show to the nearly 3,000 innocent lives lost, the unwavering bravery of our first responders, the strength of our armed forc…
- Episode 426 - Financial Variety Show!
Dennis will start today's show with an article from Capital Group discussing why the U.S. economy could stay resilient. The argument is that the economic tailwind expected from tech companies pouring billions into AI will eventually be see…
- Episode 424 - From Headlines to Bottom Lines: Navigating Your Investments
The information explosion continues, not only on the world political front, but also in the areas of tax and investment. On today's show, we are joining in the rush to disseminate usable information, specific to, you guessed it, taxes and…
- Episode 425 - How High Is Too High?
With the stock market hitting all-time highs (as measured by the Dow Jones Industrial Average), the question of "How high is too high?" must be begged. Since everyone is eager to know (including us), we've pulled out the heavy research eng…
- Episode 423 - Have Trust in Your Trust
It's summertime (thank you very much!) and a little smoke, too, for those who don't have time to sit around a campfire. What a dynamic market we're in … and a dynamic world as well. While you probably hear plenty on the political front, ou…
- Episode 422 - A True Gem of Grand Traverse County
On today's show, we are thrilled to be joined by special guest, Lacey Edgecomb, Director of the Grand Traverse County Senior Center Network. Lacey is here to share a bit about the rich history of the Senior Center, as well as the many incr…
- Episode 421 - From Social Security to Micro-Retirement
For those of you who missed last week's show, we gave a 5,000-foot overview of the newly signed One Big Beautiful Bill Act (OBBBA), a sweeping piece of legislation aligned with many of the priorities of the current Trump administration. To…
- Episode 420 - The One Big Beautiful Bill, Well … a Portion of It
Over the July 4th holiday weekend, while you were grilling burgers and watching fireworks, President Trump signed his landmark, One Big Beautiful Bill Act into law after some back and forth between the House and Senate. While this budget p…
- Episode 419 - The Empowering Side of End-of-Life Planning
We've all heard the famous words of American statesman Benjamin Franklin: "In this world, nothing is certain except death and taxes." While we often tackle the topic of taxes on this show, today we're turning our attention to the other cer…
- Episode 417 - The Road to 65 – Are You Hitting Your Retirement Targets?
Think retirement planning starts at 65? Think again! The most successful retirees start well before that magic number. On today's show, we'll dive into the nine key milestones that you'll want to keep on your radar and on your calendar. Fr…
- Episode 416 - Ready for Your Second Honeymoon?
No, not marriage – we're talking about retirement . On today's show, we're diving into the so-called "honeymoon phase" of retirement, that first year that can set the tone for those golden years you've been working and saving for. Planning…
- Episode 415 - When You Thought You Had All the Answers, Here Comes More Questions!
On this week's show, Heidi will review the most frequently asked questions about Social Security from Heather Schreiber's Social Security Advisor newsletter through Ed Slott. These questions are not simple, but they are oh so very importan…
- Episode 414 - Keeping Tabs on the Economy and Market Valuations
Many of your kind comments regarding last week's show were very well received. Thank you! We always appreciate your input, and your questions regarding the SECURE Act and its impact on distributions for beneficiary IRAs were fantastic. On…
- Episode 413 - The SECURE Act's Impact on IRAs and RMDs: What You Need to Know
On today's show, we're diving into two hot-button issues that can impact your retirement security. First up: inherited IRAs. We'll unravel the complex and evolving rules around Required Minimum Distributions (RMDs) for inherited IRAs under…
- Episode 412 - The Only Constant in Life Is Change
Just when you thought your retirement planning was safe and secure … we attended an Ed Slott tax conference and hear about the latest tax planning issues and opportunities related to retirement accounts. All of this is a great reminder of…
- Episode 409 - Whiplash, Retirement Account Opportunities and Mistakes During Market Volatility
Significant fluctuations in the stock market, along with increasing discussions about a potential recession, can certainly unnerve most investors. Some, however, view this as an opportunity, while others resort to panicked decisions that c…
- Episode 408 - Whither Social Security?
Today's show will feature special guest Bob Simpson, the star of the local Social Security scene who kept his shirt on and was still famous. The fact that we were able to lure him out of his recent retirement to come on and speak to us abo…
- Episode 404 - It's the Economy (Not So) Stupid!
Trying to ascertain the direction of the current economy and the stock market is not an easily ascertainable thing. And, yes, I've purposely used "ascertain" twice in the previous sentence to help make the point that even the experts are p…
- Episode 403.5 - Estate Planning for Our Aging-ness!
There are so many confusing areas related to estate planning … like the importance of creating a power of attorney before a will. Plus, there's the fact that NO ONE WANTS TO TALK ABOUT IT! On today's show, we have Cortney Danbrook, a local…
- Episode 411 - Protecting Your Portfolio During a Correction
Just when you thought it was safe to go outside (it is spring after all), the neighbor's dog barks extra loudly and startles you … right? Similarly, most of the time, the stock market seems to make us climb a wall of worry. Even though the…
- Episode 406 - Unlocking the Full Potential of Proactive Tax Management; or, Not All Money Is Taxed the Same!
As the "celebration" of April 15th nears, the importance of tax planning remains critical. What celebration, you ask? The celebration that they're done, of course. On today's show, we'll discuss the seven components of winning at taxes, es…
- Episode 407 - Tariffs – Chaos or Control
Wow, what a week it's been! The Dow Jones and S&P 500 are down about 10 percent, which is causing significant fear among investors. Some are even questioning the current administration's policy on tariffs and their effect on the stock mark…
- Episode 405 - Twofer Thursday!
On today's show, we'll cover two very important – yet very different – topics. First, there are five retirement account moves you can still make for 2024. Yes, it's amazing what you might still decide to do given the law and your own finan…
- Episode 403 - Investing Under Trump 2.0: The Effects of Tariffs, Declining U.S. Government Spending and Employment
Well, we've known for almost four months Trump was going to be the next U.S. president. What we couldn't have guessed, however, was the effect on spending his new administration was going to have. From higher tariff potential to massive co…
- Episode 402 - Look Before You Leap!
Castagni, Simbulami, Arancini. These foreign words are here to prove a point … for most people, they may not make any sense. And sometimes what we discuss on our show may not make sense to some listeners. But just because it doesn't make s…
- Episode 400 - Alliance for Senior Housing
On today's show, we will be joined by Connie Hintsala, Founder and President of Alliance for Senior Housing, LLC. Connie has provided families in the greater Grand Traverse area with senior housing solutions for more than 20 years, and the…
- Episode 398 - Am I Too Rich for a Roth IRA?
The New Year begins, and already there's so much to consider on the financial front! On this week's show we'll discuss whether or not you could be "too rich" for a Roth IRA. Congress has set income limits on Roth contributions, and for tho…
- Episode 395 - We're Back LIVE in 2025
We are so looking forward to joining you via the airwaves in 2025! 2024 has been a year of challenges, surprises, market volatility, political unrest … and yet WE MADE IT. As we set foot into the future and ponder what this year could hold…
- Episode 397 - Navigating Risks and Capitalizing on Opportunities in 2025
On today's show, we'll discuss Ed Slott's thoughts on significant IRA rulings for 2024, as well as the "Five Keys to Investing in 2025," by Capital Group. As you can guess, there are many discussions among market analysts regarding the opp…