show episodes
 
As a Senior Wealth Advisor at Smallwood Wealth Management, Ed specializes in creating financial plans to help you reduce your risks in retirement. His overall objective is to try to produce a more predictable outcome before and during retirement. Each week Ed talks about the many complexities everyone faces in retirement. His objective is to help you better understand and be prepared to enjoy your "golden years".
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show series
 
In this episode, Ed Bao discusses the importance of the growth component in wealth creation. He emphasizes the need to prioritize protection and savings before focusing on growth. Ed explains that the protection component addresses risks such as death and disability, while the savings component ensures a solid financial foundation. He then delves i…
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In this episode, Ed Bao discusses the importance of the savings component in financial planning. He explains the different parts of savings including checking accounts, savings accounts, certificates of deposit (CDs), money market accounts, credit union accounts, annuities, Roth IRAs, traditional IRAs, and 401(k) accounts. Ed highlights the pros an…
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Summary In this episode, Ed Bao discusses the importance of the protection component in a financial plan. He emphasizes that protection is the first and most crucial step in building wealth. Ed explains that the protection component includes various types of insurance and he also mentions government protection programs like social security and Medi…
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In this episode, Ed Bao provides a market update for the first quarter of 2024. He discusses the performance of various indices and the unusual relationship between interest rates and the stock market. He also talks about the Federal Open Market Committee (FOMC) meeting and the projected rate cuts for the year. Ed also emphasizes the importance of …
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In this episode, Ed Bao discusses the concept of making market volatility your friend. He starts by introducing the idea of financial pressures and how they can be both positive and negative. He then focuses on the investment side of financial planning and the importance of becoming friendly with market volatility. Ed shares historical data on mark…
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In this episode, Ed Bao and Rob Marks discuss the attributes of the ultimate financial product. They cover topics such as tax breaks, performance, trust in company and product, easy access to funds, transparency, contribution limits, money outside the product, fees and costs, estate planning and inheritance, long-term care benefits, and creditor pr…
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In this episode, Ed Bao discusses the importance of unlocking your retirement potential and the role of financial planning in achieving a stress-free retirement. He emphasizes the need to control what you can control and build contingencies into your plan for unpredictability. Ed highlights the significance of focusing on income streams and underst…
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One of the constants in American life is taxes. In this episode, Ed Bao discusses the role of taxes in eroding wealth and explains the importance of tax planning in retirement. He cautions against relying solely on qualified accounts and deferring taxes, as this strategy may not always result in a lower tax bracket in retirement. Ed talks about the…
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In this episode, Ed Bao emphasizes the importance of the savings component in a financial plan. He talks about giving yourself a gut check and really evaluate your financial plans at the beginning of the year. You need to understand the factors that affect the savings rate, such as taxes, inflation, planned obsolescence, and technological change. E…
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In this episode, Ed Bao discusses the importance of the wealth curve in financial planning. He explains how the wealth curve was born and how it serves as a simulation tool and laboratory, allowing clients to see the impact of different variables on their financial plans. Ed emphasizes the core concepts of reducing taxes, risk, and fees, while incr…
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In this episode, Ed Bao discusses the current state of the real estate market, how we got here and where it's heading. He covers topics such as interest rates, home prices, affordability, and the impact of Federal Reserve policies. He also goes over how other factors like supply and demand, new construction, and phantom inventory are affecting the …
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Ed & Rickie Taylor of Retirement Plan Consultants are back to talk about the ways New jersey business owners can get their tax credits. Under the federally passed Secure Act 2.0 and the proposed NJ secure act, business owners of 20 or more employees have the opportunity to provide a retirement plan for their employees. Find out how this could work …
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In this episode Ed talks with Rickie Taylor , Regional Director for Retirement Plan Consultants. Ed & Rickie work closely together to help you, their clients, improve your financial plans and retirement outcomes. And, of course, one of the biggest considerations in retirement is trying to reduce taxes. This episode dives into the strategies and upd…
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Ed talks with Patrick Kelly, CEO & Co-Founder of Signal Advisors. A great in-depth conversation about the world of being a financial advisor and what they cand do for you as you head towards retirement. All the puzzle pieces of retirement have to fit together, and Ed & Patrick talk about the best way to find a financial advisor and how they work to…
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In this 2nd part of Ed's podcast, he continues his talk with Patrick Kelly, CEO & Co-Founder of Signal Advisors. These 2 titans of the industry discuss in-depth what being a financial advisor is really about. Listen as Ed & Pat talk about what they can do for you to be sure you have all the pieces to your retirement puzzle to ensure you achieve you…
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Justin Dauer is a lifelong student and practitioner of design. He was the VP of design at CVS Health a top 10, Fortune 500 company. He’s the author of two books and the founder of Anomali, his own design consultancy. In this episode, Justin and I talk about The importance of being a life-long learner Designing during the dot-com era Growing a desig…
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In this episode, Ed Bao describes how to map out your income streams to match your lifestyle. What are your options to create more income streams? Find out how many potential sources of retirement income are available. Ed also shares his 5-step process for setting your personal and financial goals. Join us every week as Ed Bao helps you navigate th…
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Ed Bao tackles healthcare challenges in retirement and how to make sure you and your family are protected. An unexpected health issue could mean a financial crisis for you as well. Ed makes talks insurance coverage and other ways to be ready if your health is in jeopardy. Join us every week as Ed Bao helps you navigate the sometimes rocky waters of…
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In this episode, Ed talks about the importance of keeping calm during a stormy stock market. He helps to weed through the headlines, what is actually affecting the market and what it all means to your portfolio. Ed also gives a historical perspective on stock market highs, lows, and corrections as well. Join us every week as Ed Bao helps you naviga…
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Are as confused about your credit score as a lot of us? In this episode, Ed Bao details how your credit score is determined and why regularly checking your score is so important. Ed also compares a credit score to a credit report. What’s the difference? And he shares a tip on how to access your credit report up to 3 times per year. Join us every we…
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The road from motocross to financial planning. Ed Bao shares how his passion for racing relates to financial planning. It’s all about planning, protection, minimizing risk, and reaching your goals. In this episode, Ed talks about these things and more that can help you get through your retirement years. Join us every week as Ed Bao helps you naviga…
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Ed talks more about retirement income, beyond the default strategy he discussed on the last podcast. What does climbing the mountain mean? Are you doing on the right path to get to the summit in retirement? As Ed says, there are no do overs in retirement so be sure you’re doing what it takes while you’re climbing that mountain. What’s your magic nu…
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Ed Bao talks retirement strategy. Where does your income stream come from in retirement? Social security? 401k’s? Do you have a plan to help you get through those retirement years? A solid plan that help you when things aren’t going well with the economy? Ed talks about what it takes to be sure you’re ready. Join us every week as Ed Bao helps you n…
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Addie is a designer based in Richmond, Virginia. In this episode, we chat about tools to organize our work, her experience as a brand designer before switching to UX, and he fascinating work on the branding for October Audio guitar pedals. Addie’s case study on October Audio’s branding → https://addiejohnson.com/projects/october-audio October Audio…
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Ross Chapman is the Head of Design at Obodo. In this episode, we talk about using workshops as a way to collaborate with clients and gather feedback, the importance of moving fast in the startup world, and using Airtable to manage your day-to-day operations. Ross' newsletter → https://www.linkedin.com/newsletters/product-design-by-ross-chapman-6861…
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Resonant Design is a Berlin-based design agency specialized in interfaces for music production. In this episode, we talk about their product design process, taking inspiration from the physical world, and the advantages of being specialized in a well-defined niche. GUESTS Simon Martin Fabian Ruf Hauke Scholz HIGHLIGHTS 00:00 Intro 08:00 Starting Co…
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Bao Vo is a musician and visual artist based in Los Angeles, California. In this episode, we talk about the importance of clearly communicating your ideas. Whether as an artist, musician, UX designer, or entrepreneur. CONNECT WITH BAO heyitsbao.com mingping.com www.linkedin.com/in/baovocreative LISTEN TO THE PODCAST Spotify http://spoti.fi/3p0eC1G …
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Walker Raigh is a design director and podcast producer. In our conversation, we talk about the advantages of creating relationships with your prospects to ramp up your business development efforts. Among other things, we talked about networking, the law of reciprocity, and sharing your "secret recipe" with prospects to build relationship leverage. …
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Jinny Oh is the founder of WANDR, an award-winning, and fully-remote UX design agency. CONNECT WITH JINNY https://wandr.studio https://jinnyoh.com/ https://www.linkedin.com/in/jinnyohh/ ---- ABOUT THE PODCAST Welcome to the Growing Design Podcast, where we help you grow your design agency If you want to learn how to - How to price your services - H…
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ABOUT In this episode, Danielle Fauteaux and I talk about the intersection between UX design and SEO, how to communicate expectations with clients, and how to foster solid relationships in your network that will help you grow your business. --- CONNECT WITH DANIELLE https://www.linkedin.com/in/danielle-f-47a18aab/ --- FREE CHECKLIST FOR VETTING DES…
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ABOUT In this episode, Laura Khalil walks us through her career as a successful marketing consultant. From working with startups to building her own firm and consulting some of the largest tech companies. --- FREE CHECKLIST FOR VETTING DESIGN CLIENTS https://edorozco.ck.page/newsletter-subscribe --- ABOUT I'm Ed Orozco. I help UX agencies become mo…
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Stæven Frey is the principal and Senior Brand Strategist at Quantum Branding, a strategy-focused branding agency based in Nashville, TN. In this episode, Stæven walks us through the memory structures that make people recognize and remember brands. In our conversation, we chat about building your agency's core offering, how to price based on your cl…
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In this episode, Zach Hill and I chat about sharing what you know, how to be more effective when selling design outcomes, and the importance of always having a growth mindset and be willing to learn from others. Zach is a passionate design-centered strategist that combines an obsession for user experience, product strategy, and process with a found…
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Crystal Nikosey explains the concept of Sales Enablement and how to implement it in your agency. Crystal is a Sales & Sales Enablement Leader with 10 years of inside and field sales experience. Currently, Crystal, most recently, served as the Director, Customer Success/Enablement @ Tribyl; the industry's first Digital Value Selling™ platform that h…
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In this episode, Steph Cruchon chats with us about the history of design sprints, their value, and why they work. Steph is the founder of Design Sprint Ltd., the first company in the world to offer design sprints commercially. He had an important role in the rate of adoption of the methodology in Europe and around the world. He's organized several …
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In this episode we explore the concept of niching down and why it is so important to specialize in order to compete. We take a look at three of the most important reasons why you should focus your agency into a specific niche: Easier sales Easier production and delivery Easier scaleability You can find more resources on growing your agency in my bl…
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In this episode, Romina Kavcic talks about the value of implementing a design strategy. We discuss how to communicate the value of research and the profound impact it can have on the success of a design project. Romina is a Design Strategist who holds a Master of Business Administration. She has more than 14 years of experience in design and consul…
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In this episode, we'll explore the concept of value-based pricing. This is a powerful technique for design agency owners to increase their revenue while improving their client satisfaction. Sounds great, right? Let's look at whether this is the best pricing model for your agency and what you need to get started. ---- Would like to share your experi…
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Hello! Welcome to the Growing Design Podcast Where we help you grow your design agency If you want to learn how to - How to price your services - How to sell your expertise - And how to attract the right type of clients You've come to the right place. I’m your host, Ed Orozco - let's get startedBy Ed Orozco
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