Annuities – The Compass Wealth Conversations Podcast

Financial Teamwork: How Collaboration Enhances Your Wealth Management with Brendan McPoyle (Ep. 12)

By The Compass Wealth Conversations Podcast | January 22, 2025

What’s the smart way to balance your retirement income strategies in unpredictable markets?

In this episode, Brendon Murphy sits down with seasoned Certified Financial Planner, Brendan McPoyle, to explore the power of collaborative financial strategies. They dive into practical tips for retirement planning, wealth management, and securing income with reliable financial products. Learn how strategic teamwork can create robust financial plans. Tune in to discover how a blend of guaranteed products and thoughtful equity management can provide peace of mind.

Together, they discuss:

(00:16) The importance of teamwork in financial planning and how a professional network can enhance client outcomes
(01:02) Innovative retirement income solutions using insurance products for added security
(03:57) How distribution strategies can help manage market fluctuations and protect investments
(11:45) The role of long-term care planning and dispelling common misconceptions
(20:00) The value of open communication with your financial planner to ensure all aspects of your finances align
And more

Connect with Brendon Murphy:

Connect with Brendan McPoyle :

About our Guest:

Brendan McPoyle works with business owners, high-net-worth individuals, and hard-working professionals across the United States. With 20 years of experience in developing inclusive financial plans and comprehensive financial strategies, he has helped individuals and families visualize their dreams and plan for financial retirement success.

His collaborative and comprehensive wealth management approach leverages the talents and knowledge of the Princeton Global team and each client’s trusted advisors to help increase and protect financial assets, build and secure assets for retirement, and achieve financial security and independence.

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How to Build Your Own Pension: A Guide for Modern Retirees (Ep. 5)

By The Compass Wealth Conversations Podcast | September 25, 2024

Pensions may seem like a thing of the past, but you can still create your own secure retirement income.

How can you ensure a stable income in retirement without relying on traditional pensions? What strategies can help you build a reliable financial future?

In this episode, Brendon Murphy discusses the decline of traditional pensions and how individuals can build their own retirement income using modern financial tools. He explains the role of fixed index annuities and other strategies to create a personal pension plan.

Brendon discusses:

The Decline of Traditional Pensions: Why company pensions have become rare and the shift to 401(k) and 403(b) plans
Building a Personal Pension: How to use fixed index annuities with guaranteed lifetime income to create a stable retirement income
Tax Considerations: The tax implications of rolling over 401(k) funds into annuities and the benefits of using Roth accounts
Starting Early vs. Late: Strategies for both early and late starters in building a personal pension
Real-Life Examples: Stories of clients who successfully transitioned from company pensions to personal retirement plans
And more!

Connect with Brendon Murphy:

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6 Major Risks to Your Retirement and How to Address Them (Ep. 3)

By The Compass Wealth Conversations Podcast | August 28, 2024

Retirement planning is crucial, but it comes with its own set of challenges and uncertainties.

How do you ensure your assets last as long as you do? What happens if the market crashes right before you retire?

This week on Compass Wealth Conversations, Brendon Murphy breaks down the top six risks every retiree or pre-retiree needs to consider to ensure a secure and prosperous retirement.

Brendon provides valuable insights and actionable advice on how to navigate these challenges effectively, drawing on years of experience in helping clients plan for their financial futures.

Brendon discusses:

Longevity: The challenge of outliving your financial assets and the importance of planning for a long retirement
Mortality: The impact of a spouse’s death on Social Security benefits and the need for additional income sources
Market Volatility: The risks of market downturns and strategies to protect retirement savings
Liquidity: The necessity of having accessible funds for emergencies and unexpected expenses
Inflation: How rising costs can erode purchasing power and ways to hedge against inflation
National Debt: The implications of national debt on taxes and retirement planning
And more!

Connect with Brendon Murphy:

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Long-term Care: Why Early Planning is Your Game-Winning Strategy (Ep. 2)

By The Compass Wealth Conversations Podcast | August 14, 2024

Planning for long-term care may not be as exciting as planning your next pickleball game, but it’s crucial for your financial security and peace of mind.

How do you ensure you’re prepared for the future? What are the best strategies to leverage your assets for long-term care?

This week on The Compass Wealth Conversations Podcast, Brendon Murphy dives into the fundamentals of long-term care, addressing why it’s a critical component of your financial planning. He sheds light on the various forms of long-term care, misconceptions, cost considerations, and the importance of early planning to secure your future comfort and peace of mind.

Brendon discusses:

Understanding the different types of long-term care available today
The impact of long-term care costs on personal savings and assets
Common misconceptions about Medicaid and Medicare coverage
The benefits of starting long-term care planning early
And more!

Connect with Brendon Murphy:

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