In this conversation, Laurie Hancock and Gary Nolan discuss the essential principles of investing and financial planning. They emphasize the importance of understanding compounding interest, diversification, and the risk-reward trade-off. The discussion also covers effective portfolio management strategies, where to park retirement money, and the significance of creating a comprehensive financial plan to ensure a secure retirement. In this episode, Gary Nolan, Deb, and Laurie discuss the importance of financial coaching and estate planning. They cover essential components of a will, the role of trusts, and the significance of having a durable power of attorney and healthcare directives. The conversation also emphasizes the need for regular reviews of estate plans and addresses listener questions about retirement planning, tax strategies, and the implications of Roth conversions. Reach out to Deb and Laurie at  800-932-5010 or https://www.gvcpleasantgrove.com/money-matters-radio-showSee omnystudio.com/listener for privacy information.

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