Videos

Have you thought about whether to start collecting Social Security benefits early? The timing could impact whether you just get by or enjoy a financially secure and generous life. In this episode of the Ask Ralph show, host Ralph Estep, Jr. explores the critical decision of when to start collecting…

Coordinating your claiming strategy with your spouse is essential to maximize household benefits, especially if there’s a significant age gap. Plus, your decision can affect the legacy you leave behind. Let’s discuss these important factors and create a plan that honors your financial goals. #RetirementPlanning #LegacyMatters #SpousalBenefits #FinancialWisdom #PlanAhead

This experience opened my eyes to the difference between online acquaintances and real friendships. It's easy to use technology as an escape, creating a facade of connection while distancing ourselves from genuine human interaction. The power of face-to-face connections can't be replaced. #RealConnections #DigitalDetox #TrueFriendship #HumanInteraction #Authenticity

I began setting boundaries by limiting social media use and prioritizing real-life interactions. When I’m with someone face-to-face, the phone stays out of sight, and I stay present. Even smartwatches can be a distraction, so I avoid checking them too. It’s all about showing others they truly matter. #SetBoundaries #BePresent…

Are you using technology to build real connections, or is it becoming a way to avoid genuine human interaction? Have you ever spent hours scrolling through social media, only to feel even more disconnected? Or noticed that your online relationships just don’t have the same depth as in-person ones? In…

Instead of letting social media replace real interactions, I used technology to bring people together. For example, I created a group chat to plan monthly dinners with friends #TechForGood #RealConnections #SocialMediaBalance #MeetupMagic

To grow your retirement fund, start by trimming unnecessary expenses. Take a close look at your budget and identify areas where you can cut back, then redirect that extra money into your retirement savings. #RetirementPlanning #BudgetingTips #FinancialFreedom #SaveMore #SmartSpending

If you've hit your 401(k) limit or don't have access to one, opening an IRA could be a smart move for your retirement savings. But before you dive in, it's wise to consult a tax expert to navigate any complexities with existing accounts. #RetirementPlanning #IRA #FinancialAdvice #TaxTips #SmartInvesting

Are you struggling to keep up with your retirement savings? In this episode of the Ask Ralph show, host Ralph Estep Jr. delves into the critical topic of retirement savings. The discussion is sparked by a question from a listener named Debbie, who, at 45 years old, is worried about…

Educating yourself about investing and retirement planning is crucial for making informed decisions. Start by understanding what accounts you have and what benefits your employer offers. The more you know, the better equipped you'll be to reach your goals. #RetirementPlanning #FinancialEducation #InvestingTips #KnowYourOptions #SmartMoney

Sometimes, success isn't enough to fill the void in our hearts. I was thriving in my accounting practice, but deep down, I felt unfulfilled. God was nudging me towards a path where I could use my financial skills to make a difference in others' spiritual lives. Thinking about making a…

Trust your peace. Even if the path ahead seems challenging, a sense of peace can be a sign of God's leading. Remember, discerning His will is a process, not a one-time event. Be patient, give yourself grace, and focus on the journey rather than a set destination. #GodsWill #FaithJourney #TrustTheProcess…

Do you ever feel like God might be speaking to you, but you're unsure how to hear His voice? In this episode of the Ask Ralph show, Ralph addresses a listener's query about discerning God's will in life's major decisions. He shares his own journey of transitioning from a successful…

The journey to discovering my true purpose wasn’t instant—it was a process of trusting God's guidance, even when unexpected. My material success, from the farm to the cars and watches, no longer motivated me. It was time to focus on helping others with their finances so they could live out…

Your last will should be the cornerstone of your estate planning. This crucial document specifies how you want your assets distributed after your death, helping ensure your financial wishes are honored and preventing potential family disputes. #EstatePlanning #LastWillAndTestament #FinancialPlanning #AvoidDisputes #FamilyPeace

Many people need to pay more attention to the importance of managing their insurance documents, which include life, health, homeowners', and renters' insurance policies. It’s essential to keep these documents in a secure but accessible place as long as they are active. #InsuranceDocuments #FinancialPlanning #SecureYourRecords #LifeInsurance

Understanding the different types of power of attorney is crucial for making informed decisions about your legal and medical preferences. Consulting with an attorney can help you choose the option that best suits your needs. Additionally, pay attention to the importance of a healthcare proxy or living will. This vital…

Have you ever thought about which important documents you should always have ready? Keeping certain paperwork accessible can save you time and stress when you need it most. In this episode of The Ask Ralph Show, host Ralph Estep, Jr. discusses the importance of organizing and securing essential documents for…

Testing your retirement budget before fully retiring can reveal gaps and provide a realistic financial preview of your retirement lifestyle. For example, one client discovered they had underestimated their entertainment expenses during a six-month trial, allowing them to adjust their plan in advance. #RetirementPlanning #FinancialFreedom #WealthManagement

To develop a retirement income strategy, begin by withdrawing from your taxable accounts, then move on to tax-deferred accounts like traditional IRAs, and finally utilize tax-free accounts such as Roth IRAs. This approach helps manage your tax liability and ensures a steady income flow throughout your retirement. #RetirementPlanning #TaxEfficient #IncomeStrategy

Before planning for your retirement, it’s crucial to assess your current financial situation. Get specific: list out your assets, debts, income sources, retirement accounts, savings, investments, pensions, and any expected Social Security benefits. Knowing where you stand today is the first step toward a secure future. #RetirementPlanning #FinancialWellness #PlanForTheFuture

Before planning for your retirement, it’s crucial to assess your current financial situation. Get specific: list out your assets, debts, income sources, retirement accounts, savings, investments, pensions, and any expected Social Security benefits. Knowing where you stand today is the first step toward a secure future. #RetirementPlanning #FinancialWellness #PlanForTheFuture

Testing your retirement budget before fully retiring can reveal gaps and provide a realistic financial preview of your retirement lifestyle. For example, one client discovered they had underestimated their entertainment expenses during a six-month trial, allowing them to adjust their plan in advance. #RetirementPlanning #FinancialFreedom #WealthManagement

What are the top financial tips for transitioning into retirement? In this episode of The Ask Ralph Show, host Ralph Estep, Jr. addresses the concerns of people who are approaching retirement. Ralph provides 10 key financial tips, including assessing your current financial situation, estimating retirement expenses, developing a retirement income…