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Building a Home Out of Roadblocks with Michele Farrell (Ep. 76)

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After joining Oregon Pacific Financial Advisors over a year ago and with over 20 years of experience in the financial planning and insurance space, Michele Farrell has dug her roots in the industry by connecting with other professionals such as CPAs, estate planning attorneys and insurance professionals. 

From picking herself up off her feet after a sudden death in her family, she was able to turn that despair into a learning moment by understanding their insurance needs and how she could help her loved ones move forward. 

In this episode, Michele discusses:

  • What motivated her to become a financial planner and her prior experience in this industry
  • Some key differences that set her apart from other financial advisors
  • Her story of empowering women and becoming a significant leader among women in this industry
  • Her approach to aiding and guiding clients through their financial lives 
  • And more

Connect with Michele Farrell:

Connect with Royal Standley:

About Michele Farrell:

Michele’s passion and mission is to lead, inspire and educate women about financial literacy; to provide the tools necessary to lead a life of financial freedom. By helping women understand how money works, they can grow, protect their nest egg and leave a legacy for generations to come. Women gift so much to the world and yet so often are overlooked when it comes to financial planning. Through her educational approach, she empowers women to protect their dreams and live their purpose. 

Michele’s work was recognized by the Los Angeles Tribune in 2020 as Financial Advisor of the Year “…for consistently putting the well-being of the community and her clients as her top priority.” She continues this work because she believes you deserve the absolute best when it comes to your hard-earned money, and should accept nothing less.

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Discussions in this show are for educational purposes only. Information presented should not be considered specific investment advice or a recommendation to take any particular course of action.  Always consult with a financial professional regarding your personal situation before making financial decisions. The views and opinions expressed are based on current economic and market conditions and are subject to change.  All investing involves risk, including the potential for loss of principal.  Securities offered through United Planners Financial Services (UP), Member FINRA/SIPC. Advisory Services offered through Oregon Pacific Financial Advisors, Inc. (OPFA). OPFA & UP are independent companies. Neither OPFA nor UP offers tax or legal advice.

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How to Find the Right Advisor for Your Planning Needs (Ep. 75)

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Financial planning designations are an alphabet soup of letters that aren’t always explained. How do you choose the right advisor for your planning needs?

In this episode, Royal Standley focuses on what the different designations mean, both for the advisor’s education and for the clients looking to find the right advisor. Royal explores how having more designations isn’t always the best option for providing great advice or time management.

Royal discusses:

  • What the different titles for financial advisors mean for the services they provide
  • Why finding a focused advisor rather than an advisor with multiple licenses can provide a better planning experience
  • The importance of transparency between the client and their advisors
  • How the advisor’s education impacts the way they advise their clients

Resources:

Connect with Royal Standley:

Discussions in this show are for educational purposes only. Information presented should not be considered specific investment advice or a recommendation to take any particular course of action.  Always consult with a financial professional regarding your personal situation before making financial decisions. The views and opinions expressed are based on current economic and market conditions and are subject to change.  All investing involves risk, including the potential for loss of principal.  Securities offered through United Planners Financial Services (UP), Member FINRA/SIPC. Advisory Services offered through Oregon Pacific Financial Advisors, Inc. (OPFA). OPFA & UP are independent companies. Neither OPFA nor UP offers tax or legal advice.

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How the SECURE Act 2.0 Changes Retirement Planning (Ep. 74)

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When the SECURE Act was first rolled out, clients were eager to learn more about the benefits they could receive. With the latest updates to the SECURE Act entering quietly, financial advisors and their clients might need to learn how to leverage these tools in the best way possible.

In this episode, Royal Standley focuses on the major points of the SECURE Act 2.0 that might affect most people and what this bill could mean from a planning standpoint. Royal reveals some of the updates to retirement planning tools that financial planners or clients may not have noticed yet and their role in boosting retirement income.

Royal discusses:

  • How the SECURE Act 2.0 impacts the required minimum distribution during retirement
  • The role of college saving 529 plans in financial planning
  • What bonus individuals receive between the ages 60 and 63 due to the Secure Act updates
  • How to gain a boost in retirement income along with a tax credit through an IRA
  • And more

Connect with Royal Standley:

Discussions in this show are for educational purposes only. Information presented should not be considered specific investment advice or a recommendation to take any particular course of action.  Always consult with a financial professional regarding your personal situation before making financial decisions. The views and opinions expressed are based on current economic and market conditions and are subject to change.  All investing involves risk, including the potential for loss of principal.  Securities offered through United Planners Financial Services (UP), Member FINRA/SIPC. Advisory Services offered through Oregon Pacific Financial Advisors, Inc. (OPFA). OPFA & UP are independent companies. Neither OPFA nor UP offers tax or legal advice.

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How To Avoid Becoming An Estate Planning Horror Story (Ep. 73)

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Creating an estate plan can be a lot of work, making sure everything is covered and all your assets are doing what you want them to. Not having one is even worse.

In this episode, Royal Standley focuses on estate planning, the tools to build a good estate plan and what happens if you don’t have one. Royal dives into the different pieces of estate planning and how having one can ease the way for future beneficiaries without creating confusion.

Royal discusses:

  • How are assets divided in the absence of an estate plan
  • The estate planning questions you should ask your attorney
  • The information you should update on a regular basis
  • What is the revocable trust and how does it fit within traditional estate planning
  • Things to consider when naming beneficiaries, especially with real estate
  • The importance of having a team of professionals to help with estate planning

Connect with Royal Standley:

Discussions in this show are for educational purposes only. Information presented should not be considered specific investment advice or a recommendation to take any particular course of action.  Always consult with a financial professional regarding your personal situation before making financial decisions. The views and opinions expressed are based on current economic and market conditions and are subject to change.  All investing involves risk, including the potential for loss of principal.  Securities offered through United Planners Financial Services (UP), Member FINRA/SIPC. Advisory Services offered through Oregon Pacific Financial Advisors, Inc. (OPFA). OPFA & UP are independent companies. Neither OPFA nor UP offers tax or legal advice.

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Throwing Darts – Anticipating Investments and Financial Planning for 2023 (Ep. 72)

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The financial world took a hit during 2022, with the debate focused on “when” rather than “if” we will enter a recession. What do the investment and financial options of 2023 look like?

In this episode, Royal Standley reviews the past few years of investment choices and how those decisions will impact future investment decisions. Royal dives into the possibilities of a recession, how inflation will impact financial decisions and where real estate currently sits within investment planning for the future. 

Royal discusses:

  • What has happened in the world during the past three years
  • How interest rates impact the likelihood of a recession
  • What is coming in 2023 based on recent investments and inflation
  • The global and political concerns for 2023
  • How Oregon Pacific Financial Advisors can help clients

Connect with Royal Standley:

Discussions in this show are for educational purposes only. Information presented should not be considered specific investment advice or a recommendation to take any particular course of action.  Always consult with a financial professional regarding your personal situation before making financial decisions. The views and opinions expressed are based on current economic and market conditions and are subject to change.  All investing involves risk, including the potential for loss of principal.  Securities offered through United Planners Financial Services (UP), Member FINRA/SIPC. Advisory Services offered through Oregon Pacific Financial Advisors, Inc. (OPFA). OPFA & UP are independent companies. Neither OPFA nor UP offers tax or legal advice.

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Inflation: Causes, Impacts & Expectations (Ep. 71)

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Inflation in the US is expected to continue rising, but it won’t last forever.

In this episode, Royal Standley discusses the top four reasons he sees for inflation in the US. Royal explains where we’ve seen the biggest impact as well as what the government and Americans can do to help minimize the financial impact of rising costs and mortgage rates.

Royal discusses:

  • The top 4 reasons why the US is seeing inflation
  • What the US government has to do to try to fight inflation
  • Where Americans can expect to see the impacts of inflation the most
  • What Americans can do to minimize the impact inflation has on them
  • And more

Resources:

Connect with Royal Standley:

Discussions in this show are for educational purposes only. Information presented should not be considered specific investment advice or a recommendation to take any particular course of action.  Always consult with a financial professional regarding your personal situation before making financial decisions. The views and opinions expressed are based on current economic and market conditions and are subject to change.  All investing involves risk, including the potential for loss of principal.  Securities offered through United Planners Financial Services (UP), Member FINRA/SIPC. Advisory Services offered through Oregon Pacific Financial Advisors, Inc. (OPFA). OPFA & UP are independent companies. Neither OPFA nor UP offers tax or legal advice.

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Adapting To The Changes In Life (Ep. 70)

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The world is constantly changing and it’s up to us to adapt. 

In this episode, Royal Standley shares the latest updates in his personal and professional life, recounting how recent events changed the way he focuses on advising clients. Royal talks about the changes he has experienced in addition to his vision and expectations for the future.

Royal discusses:

  • Opening of a new office in Grants Pass
  • The acquisition of Wealth Management of Oregon and expanding their footprint
  • Why the need for retirement planners is greater than before
  • What he is preparing for in 2023
  • The upcoming topics to be explored in Life By Design podcast
  • How changes to the cost of living and housing will impact retirement income needs

Resources:

Connect with Royal Standley:

Discussions in this show are for educational purposes only. Information presented should not be considered specific investment advice or a recommendation to take any particular course of action.  Always consult with a financial professional regarding your personal situation before making financial decisions. The views and opinions expressed are based on current economic and market conditions and are subject to change.  All investing involves risk, including the potential for loss of principal.  Securities offered through United Planners Financial Services (UP), Member FINRA/SIPC. Advisory Services offered through Oregon Pacific Financial Advisors, Inc. (OPFA). OPFA & UP are independent companies. Neither OPFA nor UP offers tax or legal advice.

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69. Q&A on Financial Planning

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If you are just starting your financial planning or preparing for retirement, there are always questions on what to do and how to prepare your financial future.

In this episode, Royal Standley answers some of the financial planning questions sent in by you. He dives into some of the uncertainties clients feel during the financial planning process to help you live a relaxing retirement.

Royal discusses:

  • When you should involve a financial advisor
  • How to utilize FINRA’s BrokerCheck when finding the best advisor for you
  • The difference between Roth IRAs and traditional IRAs
  • The basics of retirement planning
  • And more

Resources:

Connect with Royal Standley:

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

Withdrawals from a Traditional IRA prior to age 59 ½ will be subject to ordinary income tax and may also incur a 10% penalty tax unless an exception applies.

Contributions to a Roth IRA are subject to income limitations. You may take nontaxable withdrawals from a Roth IRA if you are at least 59 ½ and the account has been held at least 5 years. Otherwise, earnings withdrawn may be subject to ordinary income tax and a 10% penalty.

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68. Strategies for Liquid Assets

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Everyone wants to earn money without breaking a sweat when it comes to investing.

In this episode, Royal Standley discusses some strategies for liquid assets, how they can benefit you and what they can accomplish even while you’re sleeping. He also reveals how the difference between mutual funds and ETFs impact your investment decisions based on your personal goals.

Royal discusses:

  • The three groups of goals to guide your investments
  • How different types of investments can be leveraged to reach your goals
  • The difference between mutual funds and ETFs
  • How tax evaluations impact your investment decisions
  • And more

Resources:

Connect with Royal Standley:

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

All guarantees are based on claims paying ability of the issuer.

Before investing in a Mutual Fund or ETF, investors should carefully consider the investment objectives, risks, charges and expenses.  This and other important information is contained in the summary prospectus (if available) and prospectus, which can be obtained from your financial professional.  These documents should be read carefully before investing.

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67. Simplifying Financial Planning

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Everyone has heard the term financial planning over and over again. But do you truly understand financial planning as a whole? 

In this episode, Royal Standley shares what financial advising truly is, diving into what to look for as a client and the steps a financial advisor takes to create a financial plan. He reveals some of the fears and worries of clients, how financial advisors create a personalized financial plan, and identifies the next steps after a plan is put in place.

Royal discusses:

  • How to determine if a financial advisor will focus on you
  • Existing worries and fears of clients
  • How financial advisors reduce risk when faced with uncertainty
  • The steps after creating the financial plan
  • And more

Connect with Royal Standley:

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

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66. Maintaining Your New Year’s Resolutions

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Everyone talks about what they plan to focus on in the new year. The real question is how are you going to maintain your resolution?

In this episode, Royal Standley discusses what his plans are for 2022. He also shares his advice for maintaining your new year financial resolutions and how to remain accountable throughout the year. You will learn about the resources that helped him commit to his health goals and tips for creating your financial resolutions.

Royal discusses:

  • His New Year’s resolutions
  • How to commit to your goals
  • The importance of keeping yourself accountable to your finances
  • How he sets himself up for each day
  • And more!

Connect with Royal Standley:

Resources:

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

 

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65. The Fundamentals of an Emergency Fund

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When faced with unexpected expenses, reaching for your plastic can be an easy option. But easy is not always the best option.

In this episode, Royal Standley discusses the importance of avoiding over-complicating an emergency fund and how you can build your own. He reveals how an emergency fund benefits your financial plan even before you start creating a retirement plan and the debt you can avoid. 

Royal discusses:

  • The importance of educating employees and clients on emergency funds
  • The difference between using an emergency fund and reaching for plastic
  • Why you should focus on one step at a time
  • How to build your emergency fund
  • And more!

Connect with Royal Standley:

Additional Resources:

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

 

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64. The IRA of the Next Generation

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The next generation will eventually inherit your IRA. How you prepare your accounts and beneficiaries today will impact the inheritance they will receive.

In this episode, Royal Standley discusses the changes to IRA inheritance. He recounts how the SECURE Act changed IRA inheritance depending on the beneficiary’s age and relation to the deceased. Royal discusses how the IRA will be taxed after you are gone and the differences between a single beneficiary and a charity foundation being named beneficiary.

Royal discusses:

  • Why the government changed IRA inheritance
  • How your relationship to the deceased impacts your inheritance
  • What you will be taxed depending on when you withdraw the inheritance
  • The benefits of naming a charity as the beneficiary

Connect with Royal Standley:

Resources:

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63. Preparing For The New Year of Unknowns

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Looking back over the past year, we have faced several challenges — from COVID to politics to the investment market — and we need to prepare for how these could impact us in the new year.

In this episode, Royal Standley discusses what happened this past year and looks to the future. He recounts the impact of COVID on individuals and business, how politics influences society and the increase in costs. Royal reveals expectations for the future and the expectations for market returns.

Royal discusses:

  • How COVID impacted the past year
  • The influence of politics
  • How supply chain issues affect prices
  • The importance of discussing your financial plan with your advisor
  • And more!

Connect with Royal Standley:

Resources:

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

 

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62. Pandemic Real Estate with Julianne Rawlins

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During the pandemic, everyone expected the housing market to go down. Instead, it increased as more people fled from the cities.

In this episode, Royal Standley is joined by Julianne Rawlins, from Cascade Sotheby’s International Realty. Julianne reveals the current real estate market and how the pandemic has affected buyers and sellers. She also discusses tips for sellers and what the future of the market looks like.

Julianne discusses:

  • The current real estate market compared to during the pandemic
  • The impact of world events on housing inventory
  • What sellers should know about selling their house
  • The future of the real estate market

Connect with Royal Standley:

Connect with Julianne Rawlins:

About Julianne Rawlins: 

Helping people and adding value and joy to their lives is my passion! I love what I do and I work hard for my clients. As a former small business owner, I bring over 10 years of experience in business, real estate, and advertising to each and every client. Real estate is more than a business transaction for me. I take the time to get to know everyone I work with and strive to build long-term relationships. In my free time, I love reading, traveling, volunteering, exploring beautiful Southern Oregon, and spending time with my husband and three children.

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

 

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61. The World Of Medicare with Marla Kasdorf

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Medicare can be a complicated system for medical insurance. Having someone who knows how to navigate the system can help you find the best plan for your needs.

In this episode, Royal Standley is joined by Marla Kasdorf, owner at Kasdorf and Associates LLC, in discussing the world of Medicare. Marla shares what the end of the year means for Medicare users, who can apply and what each part can be used for. Discover how Medigap can fill the hole of Part A and B.

Marla discusses:

  • Advice for getting Medicare
  • The role of Medigap within your Medicare plan
  • How to manage your money with Medicare
  • The penalty for late enrollment in Part B
  • And more!

Connect with Royal Standley:

Connect with Marla Kasdorf:

About Our Guest:

Marla Kasdorf’s background includes 25 years of teaching and 7 years in Senior Market products BA SUNY, MM Eastman School of Music, post-grad University of Oregon. Notary Public. 34 year resident of Grants Pass. Married to Tim and mom of Nathan.

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

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60. Where Have All The Social Security Funds Gone?

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According to the latest report from the government, social security is still losing money. What does that mean for your retirement plan?

In this episode, Royal Standley dives back into social security as he reveals the latest update from the government. Royal discusses the current and future struggles with social security and how to prepare your retirement plan for the possibilities of the future.

Royal discusses:

  • The latest government report about social security
  • The role social security plays within your financial plan
  • Benefits of social security
  • Knowing what you have for your retirement plan
  • And more!

Connect with Royal Standley:

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

 

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59. The Future Of Low Returns

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We would all love to have a crystal ball to show the future, but for now we will have to rely on the possibilities.

In this episode, Royal Standley talks about the predicted stock market lows for the next 10 years. Royal explains the current stock market and predictions for the future based on current and past examples of similar markets.

Royal discusses:

  • How inflation could affect stock market prices
  • How advisors are planning and advising clients for the future stock market
  • His advice for future investments
  • And more!

Connect With Royal Standley:

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

 

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58. What Are My Income Options After Retirement?

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You still need a source of income once you retire, but do you know what your options are for funding your retirement? More importantly, do you know the risks associated with each option?

In this episode, Royal Standley discusses how you can fund your retirement and reveals several ways you can prepare your income for retirement no matter what stage of life.

Royal discusses:

  • How you can make the most out of your social security
  • The benefit of PERS during retirement
  • How owning real estate can turn into retirement income
  • The risk of selling something on a note
  • Is there a place for annuities?
  • What role investments play
  • And more!

Resources:

Oregon Pacific Financial Advisors | About Royal Standley | Schedule Online with Royal Standley | (541) 772-1116 | Email Royal Standley | Episode 43: Homeownership In Your Retirement Plan | Episode 13: Is Diversifying Into Real Estate Right For You? | Episode 24: Solving Your Retirement Puzzle, Part 1 | Episode 25: Solving Your Retirement Puzzle, Part 2

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

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57. Prepare For Winter

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With restrictions starting to lift and restaurants opening up, spending money during the summer is more tempting than ever.

In this episode, Royal Standley discusses the importance of keeping your financial plan in mind as the world begins to reopen. Discover simple ways you can ensure your financial plan is up to date and benefiting your future.

Royal discusses:

  • The importance of planning for the future
  • The risk of inflation
  • Easy ways you can start saving money
  • The benefit of disability insurance
  • How emotions can impact your portfolio
  • And more!

Resources:

Oregon Pacific Financial Advisors |  About Royal Standley  | Schedule Online with Royal Standley | (541) 772-1116  | Email Royal Standley 

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

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Episode 56 – Financial Planning For You, Coaching For Your Kids – with James Monroe

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With physical contact being restricted due to Covid, kids and adults alike have adjusted how they play sports. 

In this episode, Royal Standley is joined by James Monroe, a financial advisor with Oregon Pacific Financial Advisors. James shares his ten years of experience coaching kids sports teams and how the lessons learned from coaching relate to facing the struggles of COVID-19 as a financial advisor.

You will learn:

  • How hard work creates results
  • The importance of teamwork
  • The similarities in changes between financial advising and coaching
  • And more!

Oregon Pacific Financial Advisors | (541) 772-1116  |  About Royal Standley  | Schedule Online with Royal Standley | Email Royal Standley  |  About James Monroe  | Schedule Online with James Monroe | Email James Monroe  |  Episode 39: The Coach to Your Financial Plan with James Monroe

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

 

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Episode 55 – The Top Five Retirement Mistakes Business Owners Make

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When you start your own business, how will the business affect your retirement planning?

In this episode, Royal Standley shares five of the biggest mistakes business owners make when planning their retirement.

You will learn:

  • The benefit of creating a retirement roadmap
  • The importance of keeping personal and business assets separate
  • Why you should hire outside support
  • And more!

Discover the five retirement mistakes you should avoid.

Resources:

Oregon Pacific Financial Advisors |  About Royal Standley  | Schedule Online with Royal Standley | (541) 772-1116 | Email Royal Standley  |  Episode 47 – A Simple 7 Step Guide to Optimize Your Business Exit

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

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Episode 54 – The Deflation of Economic Inflation

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The forced isolation of COVID-19 has impacted the inflation rate today and in the future.

In this episode, Royal Standley dives into inflation, discussing how COVID-19 has impacted the economy. He reveals past examples of similar economic scenarios, how the future inflation rate may increase and the impact this could have on your retirement plan.

You will learn:

  • How COVID-19 impacted economic inflation
  • What the ideal inflation rate is
  • Some of the lasting financial impacts of quarantine on the government
  • How inflation could impact retirement planning
  • And more!

Discover how COVID-19 has impacted current and future inflation rate!

Resources:   Oregon Pacific Financial Advisors |  About Royal Standley  | Schedule Online with Royal Standley | (541) 772-1116 | Email Royal Standley

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

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Episode 53 – How To Avoid 15 Common Financial Planning Mistakes

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Sometimes, one small mistake can completely derail your financial plan and stop you from achieving your life goals.

In this episode, Royal Standley goes through a list of 15 common financial planning mistakes that he has encountered in working with clients over the years. Along with discussing the root causes of these mistakes, he also shares tips on how to avoid them, or even fix them if you’ve already committed the mistake.

You will learn:

  • Things that can go wrong while attempting to time the market in the short run
  • The importance of saving early and living well within your means
  • How to plan for the worst-case scenario as part of your risk management
  • Tips to overcome procrastination and take the crucial first step towards financial planning
  • And more!

Tune in now to learn how you can avoid the most common pitfalls while building your financial plan!

Resources: Oregon Pacific Financial Advisors |  About Royal Standley  | Schedule Online with Royal Standley | (541) 772-1116 | Email Royal Standley | Episode 6 – It’s Never Too Soon to Start Estate Planning | Episode 8 – How to Use Dave Ramsey’s Baby Steps | Episode 12 – Let’s Talk About Your Money and Your Taxes | Episode 16 – Your Top Life Insurance Questions Answered | Episode 27 – How Much Insurance Coverage Do You Actually Need? — With James Monroe | Episode 41 – Setting Your S M A R T Goals

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

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Episode 52 – The Biggest Healthcare Development Drive in Southern Oregon – With Andrea Reeder

Finance, Financial, Financial Planning, Investing, Retirement, , , , , , , , , , , , ,

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Built in the fifties, Asante has grown to be the largest healthcare provider in Southern Oregon despite operating as a nonprofit.

Now, it’s set to run the biggest fundraising campaign in the region – with a goal of $50 million!

In this episode, Royal Standley speaks with Andrea Reeder, development director at Asante Foundation, to uncover what this campaign is all about and how it’ll benefit the community. Andrea also discusses the new and improved healthcare services that Asante aims to provide through this campaign.

You will learn:

  • Healthcare areas experiencing a growing need based on population demographics
  • Asante’s efforts in developing a new cancer facility which aims to provide high quality care to patients.
  • Asante’s proactive response to Covid-19 and the Alameda fires
  • 2021 plans for Oregon Wine Experience – Asante’s largest fundraiser of the year
  • And more!

Tune in now to learn how the team at Asante Foundation is striving to improve the quality of healthcare in the community!

Resources: Oregon Pacific Financial Advisors |  About Royal Standley  | Schedule Online with Royal Standley | (541) 772-1116 | Email Royal Standley | Andrea Reeder on LinkedIn | Asante | Asante Foundation | Contact Asante: (541) 789-5025 | Oregon Wine Experience

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

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Episode 51 – Want To Travel Post-COVID? Here’s Everything You Need To Know – With Shana Brewer

Finance, Financial, Financial Planning, Investing, Retirement, , , , , , , , , , , ,

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As the end of Covid-19 approaches with the rollout of vaccines, most people cannot wait to get away from their homes and enjoy a good vacation.

Now might be the ideal time to start planning for it.

In this episode, Royal Standley joins Shana Brewer, owner of Travel Leaders, and a highly experienced travel consultant. Shana discusses things you should consider while planning for your trip so that you can identify the perfect destination that fits your interests as well as your budget.

You will learn:

  • Reasons to hire a professional travel agent instead of cluelessly browsing the internet
  • Major Covid restrictions – for both domestic and international travel
  • Key travel arrangements to keep in mind so that you have an unhindered travel experience
  • Most popular travel destinations, some of which are on Shana’s bucket list too
  • And more!

Tune in now to learn how you can start planning for your long-awaited dream vacation!

Resources: Oregon Pacific Financial Advisors |  About Royal Standley  | Schedule Online with Royal Standley | (541) 772-1116 | Email Royal Standley | Contact Shana: (541) 772-9744 | Travel Leaders

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies. 

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50th Episode Special – Making an Impact in the Community – With Mary Ferrell

Finance, Financial, Financial Planning, Investing, Retirement, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

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Children, teenagers, young adults, families – all of them are affected by housing instability to some extent.

To address this problem, Royal Standley invites Mary Ferrell, founder and executive director of Maslow Project to the podcast. In this episode, Mary shares her years of experience in working with homeless people of all age groups, and talks about the various initiatives undertaken by her team at Maslow to help them stabilize their life through education, housing, food and other resources.

You will learn:

  • How Maslow helps the youth establish life goals, work towards them, and navigate through the complexity of various social services
  • Eye-opening statistics about the current situation of homeless people
  • Why education is the key to reducing chronic adult homelessness
  • The severe impact of COVID-19 on homeless people
  • How you can join the Maslow Project in making a huge impact in your community
  • And more!

Join us for this 50th episode special podcast, as we explore ways of enhancing the lives of those around us, because every life matters!

Resources: Oregon Pacific Financial Advisors |  About Royal Standley  | Schedule Online with Royal Standley  | (541) 772-1116  |  Email Royal Standley | Mary Ferrell on LinkedIn | Maslow Project

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies. 

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Episode 49 – How Libraries Can Help You Learn, Connect and Grow – With Rebecca Stoltz

Finance, Financial, Financial Planning, Investing, Retirement, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

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In the modern technological era, with everything moving towards digital, people often ask, “Why are libraries still relevant today?”

In this episode, Royal Standley joins Rebecca Stoltz, executive director at The Josephine Community Library Foundation, to explain why libraries are not just a book repository, but a community center where people can connect and grow. They also take a look at how libraries are taking an innovative approach during COVID to make knowledge accessible anywhere, anytime and to anyone.

You will learn:

  • The tremendous support that libraries provide to people with limited learning resources
  • How the Libby App brings thousands of ebooks and audiobooks at your fingertips
  • What the Dolly Parton’s Imagination Library program is all about – and how it can benefit your children
  • The biggest service offered by libraries that often gets overlooked
  • Where the library system is headed over the next 3 to 5 years
  • And more!

Tune in now to learn why libraries are the heartbeat of every community! 

Resources: Oregon Pacific Financial Advisors | About Royal Standley  |  Schedule Online with Royal Standley  | (541) 772-1116  |  Email Royal Standley | Josephine Community Library | The Josephine Community Library Foundation | The Libby App | Dolly Parton’s Imagination Library

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

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Episode 48 – Getting More Things Done in Less Time

Finance, Financial, Financial Planning, Investing, Retirement, , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

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You can’t create more time, but you can boost your productivity and efficiency by managing the limited time that you have.

In this episode, Royal Standley addresses the biggest challenge faced by people in their day-to-day lives – time management. He discusses several tips and tricks to help you achieve your goals in a timely manner by prioritizing your tasks and overcoming the very common problem of procrastination.

You will learn:

  • The importance of having an action mantra to help you refocus on your work
  • How to use the Eisenhower Matrix to categorize tasks based on their importance and urgency
  • Ways in which you can minimize all potential interruptions and be more productive
  • Why you should always set specific time limits for your short-term and long-term goals
  • Things to consider while creating daily to-do lists
  • And more!

Listen now and learn how to get more work done in less time, and still have enough time to relax, unplug your brain and spend quality time with your family!

Resources: Oregon Pacific Financial Advisors  |  About Royal Standley  |  Schedule Online with Royal Standley  | (541) 772-1116  |  Email Royal Standley | The Eisenhower Matrix | Peter Montoya | Deep Work by Cal Newport | Eat That Frog!: 21 Great Ways to Stop Procrastinating and Get More Done in Less Time by Brian Tracy

 Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

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Episode 47 – A Simple 7-Step Guide To Optimize Your Business Exit

Finance, Financial, Financial Planning, Investing, Retirement, , , , , , , , , , , , , , , , , , , , ,

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Market surveys show that a large number of business owners plan to exit their business in the next 5 to 10 years.

Are you one of them?

In this episode, Royal Standley shares a simple yet highly effective 7-step guide that helps you achieve maximum value from your business exit, whether it’s a sale to an outside party or an internal transfer of ownership to family or employees. Join him as he assists business owners define their ideal vision, and provides various strategies to achieve them.

In this episode, you will learn:

  • The importance of planning your exit well in advance to maximize your business value
  • How to cover any potential gaps in your financial plan through a robust gap analysis
  • How to ensure business continuity, should something happen to you, and integrate your business sale with your estate planning
  • Ways to build and preserve your business value using efficient value drivers
  • And more!

Tune in now to learn how you can lay out strong groundwork for your business exit, so that the transition is seamless and far more efficient!

Resources: Oregon Pacific Financial Advisors  |  About Royal Standley  |  Schedule Online with Royal Standley  | (541) 772-1116  |  Email Royal Standley 

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

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Episode 46 – How To Secure Your Financial Future Amid the Market Turmoil

Finance, Financial, Financial Planning, Investing, Retirement, , , , , , , , , , , , , , , , , , , , ,

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Looking at drastic market swings, people often get emotionally overwhelmed and seek to “time” the market in the short-term.

In this episode, Royal Standley highlights the importance of building a comprehensive plan that helps you get through the market turmoil, which may ultimately benefit you in the long-run. He also takes an extensive look back at where we were in 2020, and what the coming years look like by analyzing the potential risks on the horizon.

In this episode, you will learn:

  • What you might expect in 2021 from an economic and a market standpoint
  • Ways in which rapid innovation and a massive fiscal stimulus has affected the economy
  • The impact of the ongoing market trends on small businesses
  • How to diversify your portfolio to achieve stability and hedge against a potential boost in inflation
  • And more!

Tune in now to learn how you can be better positioned to achieve your short-term and long-term financial goals!

Resources: Oregon Pacific Financial Advisors  |  About Royal Standley  |  Schedule Online with Royal Standley  | (541) 772-1116  |  Email Royal Standley 

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies. 

 

 

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Episode 45 – 3 Essential Things New Parents Must Plan For

Finance, Financial, Financial Planning, Investing, Retirement, , , , , , , , , , , , , , , , , , , , ,

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While a new born child calls for a lot of celebrations, it also gives rise to additional responsibilities for the parents.

In this episode, Royal Standley covers the financial aspect of having a new child. Join him as he walks through the 3 most important things every new parent must look at – estate planning, life insurance and a long-term savings plan for your child, whether it’s for college, their first home or starting a business.

In this episode, you will learn:

  • How to secure your child’s future, should something happen to you or your spouse
  • Why we recommend every parent to have a life insurance coverage that can provide sufficient financial support to your loved ones
  • The importance of establishing a savings plan as soon as your child is born
  • And more!

Tune in now to learn how you can build a solid financial plan and give your child a financial head-start in the future!

Resources: Oregon Pacific Financial Advisors  |  About Royal Standley  |  Schedule Online with Royal Standley  | (541) 772-1116  | Email Royal Standley 

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

 

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Episode 44 – Financial Planning for 2021 and Beyond

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With several advancements in the search for a vaccine, we may be possibly approaching the end of COVID. And as we are also entering a new presidency, 2021 seems full of new possibilities and opportunities!

However, you must have a strategic plan in place to make the most of those opportunities. In this episode, Royal Standley uses his expert financial insights to help you allocate your assets better, especially now when the interest rates are at an all-time low.

In this episode, you will learn:

  • How COVID has affected the domestic as well as the international markets
  • The implications of extremely low interest rates right now
  • The long-term benefits of purchasing a house now by locking in the current interest rates
  • Why you should avoid unnecessary media coverages that may be mere “opinions” instead of facts
  • Ways in which a professional advisor can help you achieve your goals
  • And more!

Tune in now to our latest episode to learn more on planning for 2021 and beyond.

Resources: Oregon Pacific Financial Advisors  |  About Royal Standley  |  Schedule Online with Royal Standley  | (541) 772-1116  | Email Royal Standley | Episode 43 – Home Ownership in Your Retirement Plan

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

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Episode 43 – Home Ownership in Your Retirement Plan

Finance, Financial, Financial Planning, Investing, Retirement, , , , , , , , , , , , , , , , , , , , ,

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Imagine having your home paid off before retirement!

In today’s episode, Royal Standley of Oregon Pacific Financial Advisors looks at how home ownership fits into your financial plan. Royal strives to help build a financial plan that includes paying off your mortgage.

In this episode, you will learn:

  • How home ownership integrates into your financial plan
  • How to look at it as buying an asset that historically appreciates
  • Why you should create a balance of paying off your mortgage and saving for retirement
  • What tools and resources can be used to see the effects of paying extra on your mortgage
  • And more!

Tune in now for more information about home ownership in your financial plan with Royal Standley.

Resources: Oregon Pacific Financial Advisors  | (541) 772-1116 | Dave Ramsey SmartVestor  |  Episode 8: Dave Ramsey’s Baby Steps  |  Schedule Online with Royal Standley

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

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Episode 42 – What Planning Ahead Can Do For Your Dream Retirement

Finance, Financial, Financial Planning, Investing, Retirement, , , , , , , , , , , , , , , , , , , , ,

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Planning for your future can be tough, but it’s important to make sure that you have everything covered. Do you have plans in place for long term care needs?

In today’s episode, Royal Standley discusses everything you need to know about long term care insurance and why it’s important to make sure you consider planning for the unexpected.

In this episode, you will learn:

  • What planning ahead can do for you to ensure your dream retirement
  • Breaking down the misinformation about long-term care
  • The types of long-term care policies and plans
  • The sweet spot to purchase insurance
  • And more!

Listen now to get ahead on planning for your future with long-term care. 

Resources: Oregon Pacific Financial Advisors  |  About Royal Standley  |  Schedule Online with Royal Standley  |  Long Term Care Strategies [Slideshow]  |  (541) 772-1116  |  Email Royal Standley

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

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Episode 41 – Setting Your S M A R T Goals

Finance, Financial, Financial Planning, Investing, Retirement, , , , , , , , , , , , , , , , , , , , ,

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There is never a perfect time to start, so why not start now?

In today’s episode, Royal Standley of Oregon Pacific Financial Advisors shares his experience on setting goals. Whether you are looking to set short-term or long-term goals Royal explains ways to implement goal setting tactics into your financial life, career, family or health.

In this episode, you will learn:

  • Why Royal believes goal setting is important
  • What the different types of goals are 
  • What S M A R T goals represent and how to implement them
  • How Royal can help you reach your goals
  • And more!

Tune in now to help reach your goals with Royal Standley.

Resources:  Oregon Pacific Financial Advisors  | (541) 772-1116 | Dave Ramsey SmartVestor  |  Episode 8: Dave Ramsey’s Baby Steps  |  Schedule Online with Royal Standley

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

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Episode 40 – Meet the Team at Oregon Pacific Financial Advisors with Emma Nelson

Finance, Financial, Financial Planning, Investing, Retirement, , , , , , , , , , , , , , , , , , , , ,

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Royal Standley introduces us to Emma Nelson, Associate Financial Planner, at Oregon Pacific Financial Advisors, Inc. 

In this episode Royal and Emma share how she entered into financial services and why she enjoys helping people build the financial resources to live their lives to the fullest. Emma also discusses her passion projects, favorite winter activities, her financial philosophy, and plenty more! 

In this episode, you will learn:

  • What leadership traits Emma brings to Oregon Pacific
  • What financial planning and client relationship philosophy Emma encompasses 
  • How Covid has affected home life and her outlook on the coming year 
  • How Emma counsels clients as they face the unknown in a pandemic 
  • And more!

Tune in now to meet Emma Nelson.

Resources: Oregon Pacific Financial Advisors  |  About Emma Nelson  | (541) 772-1116  |  Email Emma  

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

Episode 39 – The Coach To Your Financial Plan with James Monroe

Finance, Financial, Financial Planning, Investing, Retirement, , , , , , , , , , , , , , , , , , , , ,

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A coach is somebody that’s in it with you, for you and looking out for your best interests.

In today’s episode Royal Standley introduces us to James Monroe, Financial Planner and Retirement Plan Specialist, who joined the team at Oregon Pacific Financial Advisors in March 2019. James shares how he got into financial services, what brought him to Oregon, the community projects he is passionate about and plenty more! 

In this episode, you will learn:

  • How James’ extensive background transitioned into insurance and financial services
  • Why James is passionate about getting rid of financial illiteracy
  • What his philosophy is when working with clients
  • Why James believes in building succession plans and the best team for your long term needs
  • And more! 

Tune in now to meet James Monroe! 

Resources: Oregon Pacific Financial Advisors  |  About James Monroe  |  Life by Design Episode 27 with James Monroe  |  Employer Sponsored Retirement Plans: Why a Financial Planner Helps | (541) 772-1116  |  Schedule Online with James  |  Email James  

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

CRD#: 5882437

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Episode 38 – After the Smoke Is Gone

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We don’t know where or when the next natural disaster is going to take place. 

In today’s episode Royal Standley shares what it looks like for clients who have lost everything in the Oregon fires.  Royal helps explain the replacement coverage you need from your insurance policy and things you can do to try and help prepare for the next event.

In this episode, you will learn:

  • How important it is to discuss different situations with your Insurance provider regularly
  • What you should know in a “Sudden Money” situation
  • The importance of taking the time to know what you really have in your home and business
  • How your priorities can be reset after a natural disaster 
  • And more!

Tune in now to learn more about being prepared for an uncontrollable event.

Resources:  Oregon Pacific Financial Advisors: (541) 772-1116 

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

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Episode 37 – 401(k) or Roth 401(k): Which One is Right For You?

Finance, Financial, Financial Planning, Investing, Retirement, , , , , , , , , , , , , , , , , , , , ,

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Are you looking for the answers to your questions on Roth 401(k)? Join Royal as he unravels the information to help you understand your retirement savings.

In this episode, Royal Standley explains the differences between IRAs and Roth IRAs. Should you look at converting? Royal helps explain the different types of money and your options.

You will learn:

  • The differences between a Roth, 401K  and IRA 
  • The limitations that are set on your retirement investments
  • How important a financial planner is when making these decisions
  • Some factors you need to consider when planning and start planning early  
  • And more!

Tune in now to consider how you can best reach your retirement goals.

Resources:  Oregon Pacific Financial Advisors: (541) 772-1116 

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

Episode 36 – How Will the Markets React to the 2020 Election?

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Election time is coming fast. How will the outcome of the 2020 U.S. election affect the market and your portfolio?

In this episode, Royal Standley explains how the market typically reacts to a newly elected president and throughout a presidential term. Royal discusses what we saw with the markets during President Donald Trump’s term and what to consider, from an economic and financial perspective, about potential outcomes of the next election.  

You will learn:

  • The historical impact that presidential elections have had on the market
  • Which year of a president’s term is usually the best year in the market 
  • How the capital market assumptions have changed from the beginning of the year until now
  • Why what happens in the Senate can be crucial come election time
  • And more!

Tune in now to consider how the upcoming election could affect the market.

Resources:  Oregon Pacific Financial Advisors: (541) 772-1116

Episode 35 – Prepare for a Financially Secure Life

Finance, Financial, Financial Planning, Investing, Retirement, , , , , , , , , , , , , , , , , , , , ,

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So, you’ve landed your first job, you get your first paycheck, now what do you do with your money? How do you set yourself up for financial success?

In this episode, Royal Standley discusses the importance of setting yourself up for success by setting habits and taking early steps for a financially secure life. 

In this episode, you will learn:

  • What to discuss with your advisor if you’ve just entered the working world
  • When you should start working with an advisor
  • The importance of creating healthy financial habits early
  • Why you should be setting goals for your career
  • How student loans and debt repayments play into the conversation
  • And more!

Tune in as Royal walks you through the steps you should be taking to become financially secure. 

Resources: Oregon Pacific Financial Advisors: (541) 772-1116

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

 

Episode 34 – How to Retire During a Global Pandemic

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A lot of people are planning to retire in 2020. Maybe you’re one of them.

In light of COVID-19, would it be better for you to semi-retire, postpone it completely, or go ahead and retire full time?

In this episode, Royal Standley helps you plan for your next move during this global pandemic. He walks you through retirement options and explains how to evaluate your financial situation so you can make a safe and informed retirement decision.

In this episode, you will learn:

  • What to consider if you’ve lost your job and you’re trying to decide whether to get a second job or retire
  • Why Royal recommends speaking to a financial advisor before you make a retirement decision
  • Overlooked, but essential, questions to ask when you’re interviewing advisors
  • What to discuss with your advisor if you’ve just entered retirement and then the pandemic hit
  • Two ways that the U.S. federal government will probably deal with its new debt
  • And more!

Tune in as Royal walks you through the process of retiring during a pandemic. 

Resources:  Oregon Pacific Financial Advisors: (541) 772-1116

 

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

Episode 33 – Your Next Steps to Building a Retirement Plan for Your Business

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If you’re ready to move from learning about 401(k) basics to seriously considering how you will structure your business’s retirement plan, this episode is for you.

In this episode, Royal Standley shares what business owners need to know when they’re evaluating a retirement plan for their business. Royal walks you through the roles that go into a 401(k), underlying investment options for employees, and what role a financial advisor should be playing in the process of structuring and implementing a plan.

In this episode, you will learn:

  • Who, within a company, is responsible for setting up a 401(k) and making all necessary decisions, including the hiring and firing of different parties to the plan
  • Which tasks are carried out by financial advisors
  • What investment options are available to plan participants
  • How to design a 401(k) that meets the needs of the participant and the business owner
  • And more!

Tune in now to learn the next steps to building a retirement plan that will benefit you and your employees. 

Resources:  Oregon Pacific Financial Advisors: (541) 772-1116 | Episode 32: How to Build an Efficient Retirement Plan

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

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Episode 32: How to Build an Efficient Retirement Plan

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Are you a business owner or a plan sponsor that’s looking to set up a retirement plan?

In this episode of Life By Design Podcast, Royal Standley dives deep into the different retirement plan options and shares the key features of each.

In this episode, you will learn:

  • The three types of 401(k)s and how they each work
  • The difference between a defined contribution and a defined benefit plan
  • The benefits of having a 401(k) with a profit-sharing option
  • Why IRAs are an incentive for younger people
  • And more!

Tune in to hear the considerations you should make when choosing a retirement plan.

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

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Episode 31 – Answering Prospective Clients’ Frequently Asked Questions

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Are you curious about financial advisors and how they can help you? Do you know how to tell if you need one — and how to find the right one?

These are just a few questions that Royal Standley receives on a regular basis by new and prospective clients alike. Today, Royal is sitting down to answer some of these frequently asked questions, all the while highlighting the importance of working with an expert. 

In this episode, you will learn:

  • The benefits of working alongside a financial professional 
  • The difference between a financial advisor and asset manager — and how to find the right one
  • What being a fiduciary means
  • About conflict of interest in the financial services industry
  • And more!

Tune in now to hear the answers to your burning questions — and to learn what considerations you should keep in mind when seeking a financial planner and advisor!

Resources:  Oregon Pacific Financial Advisors | The Life by Design Podcast | Royal Standley 

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

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Episode 30 – How to Start Planning for Financial Recovery

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Do you think COVID-19 will change the way the world functions technologically, socially, financially or economically? 

In this episode of The Life by Design Podcast, Royal Standley shares his tips for financial recovery so that you can be prepared for whatever the new “normal” may look like.  

In this episode, you will learn:

  • How to plan to recover from the current state of the market
  • How business owners and industry have been impacted
  • The importance of evolving workplaces and technology to work from home
  • The global impact of self-isolation and self-quarantine 
  • And more!

Tune in to learn the importance of having defined financial goals and portfolios during these unprecedented times. 

Resources:  Oregon Pacific Financial Advisors 

 

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

Episode 29 – What Should an Investor Avoid When Markets Are Facing a Downfall?

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How has your financial plan been affected by the recent downturn in the market? 

In this episode of The Life by Design Podcast, Royal Standley suggests how to plan and prepare for times when the market is experiencing decline. 

In this episode, you will learn:

  • Various potential reasons for an economic decline 
  • How to separate emotions and finances
  • What capitulation is and why you should selling when the market is low 
  • The impact of time in financial portfolios 
  • And more!

Tune in today to hear how to be prepared for the unexpected.

Resources:  Oregon Pacific Financial Advisors

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Episode 28 – All About the CARES Act –– With Royal Standley

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In response to the COVID-19 pandemic, the American government has recently passed the CARES Act that will allow millions of people to access different benefits during this challenging time. 

In this episode, Royal Standley breaks down the different types of government assistance that Americans will now have access to, spanning from unemployment and student loan considerations to an extended tax filing date.

In this episode, you will learn:

  • The pros and cons of the CARES Act 
  • How to qualify for recovery rebates 
  • Recommendations for what actions to take with your rebate money
  • What provision might allow people to free up retirement dollars
  • And more!

Tune in now to become familiar with the newly passed CARES Act and how you might benefit.  

Resources:  Oregon Pacific Financial Advisors 

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

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SPECIAL UPDATE: COVID-19

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In this special episode, we share updates on how we are responding to the COVID-19 situation, how we’re assisting our clients, and what actions we’re advising investors to take during this time of uncertainty. 

Tune in now to learn how the markets are being affected and what we’re doing to help clients during this tumultuous time.

Resources: Oregon Pacific Financial Advisors Inc.

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Episode 27 – How Much Insurance Coverage Do You Actually Need? — With James Monroe

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Do you have the right type of insurance plan and amount of coverage for your family’s needs?

In this episode, Royal Standley and James Monroe of Oregon Pacific Financial Advisors walk you through different life insurance policies. This down-to-earth conversation is all about helping you figure out which policy will give you the coverage you need to maintain you and your family’s lifestyle. 

In this episode, you will learn:

  • How James uses a DIME method as a starting point to calculate life insurance needs
  • When the ideal time is to have term insurance
  • The five main types of permanent policies 
  • Examples of how life insurance has changed people’s lives for the better
  • And more!

Tune in to learn how Royal and James can contribute to enhancing your current health insurance. 

Resources:

Oregon Pacific Financial Advisors, Inc. 

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

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Episode 26 – The Secrets Behind This Small Business’ Staying Power

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Reaching the 25-year mark is a tremendous feat for a small business. The silver anniversary of Oregon Pacific Advisors calls for a celebration!  

In today’s episode, Royal Standley walks down memory lane as he talks about the story of Oregon Pacific Advisors, the secrets behind their staying power, and how he predicts each generation’s planning needs will change over the next 25 years.  

In this episode, you’ll learn: 

  • The story of how three advisors joined forces to start Oregon Pacific Advisors
  • What investment strategy Oregon Pacific Advisors holds fast to during recessions
  • About Royal’s philosophy on adopting new technology
  • And more!

Tune in now to hear this small business’ secrets to standing the test of time.

Resources:

Oregon Pacific Financial Advisors, Inc.

 

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

Episode 25 – Solving Your Retirement Puzzle – Part 2

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The term “guaranteed income” sounds stuffy. But what this mini-series is really focused on is helping you consider your options for recreating your paycheck during retirement.  

In the final part of this series, Royal Standley walks you through more options for guaranteed retirement income. You will learn about money-savings pension tips, the pros and cons of different annuities, and plenty more! 

In this episode, you’ll learn: 

  • Words of caution when choosing survivorship options in a pension
  • Advantages and disadvantages to several different annuities
  • Why having an income stream from multiple sources can help you have a successful retirement
  • And more!

Tune in now to learn your options for recreating your monthly paycheck during retirement. 

Resources:

Oregon Pacific Financial Advisors, Inc.

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

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Episode 24 – Solving Your Retirement Puzzle – Part 1

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Your retirement will be made up of many different pieces from social security to 401(k)s and everything in between.  Do you know how to fit them all together to make it work best for you?

In this episode, Royal Standley educates us on the many variables involved with solving the retirement puzzle.  Using client examples he walks us through how your career choices may impact your long term plans and why working with a professional can help you see the forest for the trees.  

In this episode, you’ll learn: 

  • What you should review to reach your goals
  • How sitting with a financial professional helps maximize your savings
  • How Social Security fits into your future?
  • What role traditional pensions, 401(k)s and annuities play in your retirement planning
  • And more!

Tune in now because most people retire one time, Royal and his staff have been helping people successfully retire for 25 years!

Resources:  Oregon Pacific Financial Advisors, Inc.

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

 

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Episode 23 – What The SECURE Act Means for You

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The recently approved SECURE Act has brought significant changes to the retirement system in the U.S. It’s time to explore these changes and discuss your new planning opportunities. 

In this episode, Royal Standley cracks open the SECURE Act to explain what changes are in effect and what they might mean for your retirement plan.  

In this episode, you’ll learn: 

  • How the death of the stretch IRA will impact the heirs of IRAs
  • Why Royal believes that the new RMD age opens up planning opportunities
  • Which changes to 529 plans could benefit a family with a new baby
  • How the policy behind 401(k) plans has been affected by the SECURE Act
  • And more!

Tune in now to find out what the SECURE Act has to offer you!

Resources:  Oregon Pacific Financial Advisors, Inc.

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

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Episode 22 – How to Write Your Legacy Letter

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Have you ever considered writing a legacy letter for your loved ones? 

In this episode, Royal Standley shares client examples and his own personal example of how a meaningful legacy letter can add heartfelt value to an estate plan. After all, passing along words of appreciation, thoughts, and intentions to your loved ones will stay with them a lot longer than any amount of money ever will.

In this episode, you’ll learn: 

  • About the benefits of using a trust
  • Why it’s important to have an advanced directive or a buy/sell agreement
  • What the value and purpose of a legacy letter is
  • Recommendations on what to include in your legacy letter
  • How to file your legacy letter for safekeeping
  • And more

Tune in now and learn how to write your own legacy letter.

Resources:  Oregon Pacific Financial Advisors, Inc.

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

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Episode 21 – Transitioning into Retirement

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When planning for retirement, the conversations you have with your advisor may focus only on the financial side of this new life stage. Sometimes, advisors fail to communicate that there is also an emotional side of retirement that can be challenging for some people.

In this episode, Royal Standley helps you remove some of the uncertainty around this subject, and he discusses general challenges that many people experience when transitioning to this new chapter.

In this episode, you’ll learn:

  • Some ways your life might change when you’re no longer working every day
  • How you can make this shift more manageable for you
  • Activities that can help you enrich your life in retirement
  • And more!

Tune in now and explore all of the ways that you can live a fulfilling retirement.

Resources:  Oregon Pacific Financial Advisors, Inc.

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

 

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Episode 20 – How to Plan for Retirement Later in Life

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There are many reasons why people start planning for retirement later in life, but what they may not realize is that achieving financial stability is still possible.

In this episode, Royal Standley explains what people in this particular situation can do to gain financial stability and help get them on the best possible path forward.

In this episode, you’ll learn:

  • Which resource could be the biggest lever for improving your financial situation
  • Options for building up your retirement savings
  • What expenses that might be hindering you from saving more for retirement
  • And more!

Tune in now and learn more about achieving your best financial situation in retirement!

Resources:  Oregon Pacific Financial Advisors, Inc.

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

 

Episode 19 – Tips for the Recent College Grad

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Graduating from college is usually an exciting time for young people, but trying to figure out the next step can feel daunting.

In this episode, Royal Standley shares useful tips on how recent graduates can lay the right foundation early on. He discusses paying back student loans, whether to rent or buy, emergency funds, and more.

In this episode, you’ll learn:

  • The benefits and importance of exploring different career paths
  • The right mindset to have when you begin your first job after college
  • How to handle student debt effectively and avoid personal debt
  • What a personal mortgage insurance is and how it works
  • The importance of budgeting and managing housing cost
  • The different types of insurance to get
  • And more

Tune in now and learn how you can get off on the right foot after graduation!

Resources:  Oregon Pacific Financial Advisors, Inc.

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

 

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Episode 18 – Meet the Oregon Pacific family — Introducing Ron Naumann

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Knowing your team is fundamental to achieving success. In this episode of Life By Design Podcast, we meet Ron Naumann, who has been an advisor at Oregon Pacific for 18 years.

Ron has taken his professional life on a path he never expected: He went from working as a manufacturing engineer to becoming an accomplished financial advisor. What inspired Ron to become a financial advisor?

In this episode, you’ll learn:

  • About Ron’s role at Oregon Pacific
  • Why he decided to switch careers to become a financial advisor
  • Ron’s financial philosophy and specialties
  • Why he is intrigued by Albert Einstein and how that shapes his approach with clients
  • Ron’s biggest recommendation for listeners
  • And more!

Tune in now and learn more about the Oregon Pacific family!

Resources:  Oregon Pacific Financial Advisors, Inc.

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

 

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Episode 17 – How to Recognize a Scam and Avoid Becoming a Victim

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There are many types of scams and some of them are fairly sophisticated. It’s no wonder that people fall victim to scams more often than not.

For Royal Standley, prevention is the best tool against scammers. In this podcast, Royal gives you insight into the mechanisms that scammers use to get your attention and strategies you can use to avoid scams.

In this episode, you’ll learn:

  • About the most common types of scams
  • Which psychological techniques scammers use to manipulate people
  • How to recognize a scam
  • How to protect yourself from a scam
  • What actions to take if you get scammed
  • And more!

Tune in now and learn how to protect yourself against the most common scams.

Resources:  Oregon Pacific Financial Advisors, Inc.

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

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Episode 16 – Your Top Life Insurance Questions Answered

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Life insurance, with all of its moving pieces, can be a difficult concept to understand. Considering that there are different types of insurance policies to sift through, how can you make an informed decision?

In this episode of The Life By Design Podcast, Royal Standley dives deep into life insurance, explaining its true importance as part of a comprehensive financial plan. Join Royal as he tackles the complexities of life insurance and paints a much simpler picture on this sometimes undervalued financial resource.

In this episode, you’ll learn:

  • About different types of life insurance
  • What tax benefits life insurance can offer you
  • What hybrid life insurance policies are
  • How to find a reputable insurance company
  • Who should get life insurance
  • And more!

Tune in now and change your view about life insurance!

Resources:  Oregon Pacific Financial Advisors, Inc.

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

 

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Episode 15 – Meet Rich Todd

Finance, Financial, Financial Planning, Investing, Retirement

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In this episode of The Life By Design Podcast, Royal Standley introduces us to a special guest. Financial planner Rich Todd has worked at Oregon Pacific for 11 years. Rich shares with us his background and experience, what inspired him to start his career in financial planning, and how he manages to give clients a new perspective on their money.

In today’s episode, you’ll learn:

  • About Rich’s decision to get into financial planning after working with tech companies in California
  • About Rich’s areas of specialization
  • Who his heroes are
  • His most recommended advice to clients
  • And more!

Tune in now and learn more about the Oregon Pacific family!

Resources:  Oregon Pacific Financial Advisors, Inc.

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

 

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Episode 14 – Building Your Financial Success Team

Finance, Financial, Financial Planning, Investing, Retirement

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To have success in your financial life, you need to have a team that can provide you with the best professional advice. Finding the right team can save you from making costly mistakes, and that can make a huge difference in your financial future.

Start putting all of your pieces in place with Royal Standley’s help, as he shares expert advice and guides you through the importance of building your financial success team.

In today’s episode you’ll learn:

  • How to find the right team members for you
  • Who to include in your team
  • Differences between financial advisors and financial planners
  • Benefits of collaboration in maximizing financial success
  • Unexpected members to include in your team
  • How to know when it’s time to make changes to your team
  • And more!

Tune in now and learn how to optimize your financial outcomes by having the right people by your side!

Resources:  Oregon Pacific Financial Advisors, Inc.

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

 

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Episode 13 – Is Diversifying into Real Estate Right for You?

Finance, Financial, Investing, Retirement

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It is a well-known fact that diversifying into real estate is one of the best ways for Americans to build wealth.

But the decision to diversify into real estate shouldn’t be taken lightly. There are many factors to consider before diversifying and, with so much information out there, it’s understandable that investors have a lot of questions about this strategy.

Royal Standley is here to answer these questions. In this episode, he shares his knowledge about investing in real estate to help you clear the clouds of confusion around it.

In today’s episode you’ll learn:

  • What to consider if you’re thinking about investing in real estate
  • About the best strategies to start diversifying into real estate
  • What “buying and selling on a note” means
  • What you should know about interest rates and how they can affect your investment
  • How real estate works as an asset class
  • The differences between real estate investment trust versus rental real estate investment trust
  • How long it could take to generate an income from rentals
  • And more!

Tune in now to learn more about diversifying into real estate and whether it is the right step for you!

Resources:  Oregon Pacific Financial Advisors, Inc.

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

 

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Episode 12 – Let’s Talk About Your Money and Your Taxes

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Money. It’s not the easiest subject to talk about or the most comfortable.

But today, you can rely on Royal Standley’s experience as he sheds more light on important subjects to help you plan for your financial future. This episode is all about understanding what different ways of gaining and saving money could mean for your tax return.

In today’s episode, you will learn:

  • About qualified and non-qualified money and how they affect your taxes
  • Whether it is possible to transfer money from an old 401(k) to a new 401(k)
  • Why Roth IRAs and Roth 401(k)s are some of the most powerful retirement-planning tools
  • Why it’s beneficial to roll money into only one or two accounts
  • About the advantages of a Roth 401(k) and a Roth 403b
  • About different types of annuities
  • And more!

Tune in now and gain clarity about money, savings, and tax time!

Resources:  Oregon Pacific Financial Advisors, Inc.

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

 

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Episode 11 – Answers to Clients’ Most-Asked Questions: Part 3

Finance, Financial, Investing, Retirement

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Asking the right questions will get you the right answers. This becomes especially important when you are choosing a financial advisor.

In the last part of his most-asked-questions miniseries, Royal Standley uncovers information frequently requested by potential clients.

In this episode you’ll learn:

  • How to determine which type of investments are best for you
  • How the allocation of your portfolio will help you as your financial horizon changes
  • How to know when to start taking Social Security benefits
  • About the upsides of deferring Social Security
  • And more!

Tune in now and learn how Royal uses his expertise to answer questions from real clients. If you would like your questions answered, you can contact Royal directly at royal@opfa.com.

Resources:  Oregon Pacific Financial Advisors, Inc. | How the Life by Design Podcast can help you dream big | Episode 10

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

 

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Episode 10 – Answers to Clients’ Most-Asked Questions: Part 2

Finance, Financial, Investing, Retirement

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Are you thinking about working with a financial planner, but you’re not sure what questions to ask?

Then you’re in the right place! Royal Standley is back to answer your biggest questions about working with a financial advisor. In part two, you’ll learn the answers to the most-asked questions that potential clients ask him and his team at Oregon Pacific Financial Advisors.

In this episode, you’ll learn:

  • How new tax laws could affect your retirement and tax return
  • Whether your IRA contribution is still deductible under the new tax laws
  • How and when to join your retirement plan at work
  • Three options to take with your 401(k) when you change jobs
  • Whether you should pay off debt first or start saving for retirement
  • Emergency savings guidelines
  • And more!

Tune in and learn the answers to the most-asked financial planning questions! You can also get your questions answered in the next podcast by emailing Royal at royal@opfa.com.

Resources:  Oregon Pacific Financial Advisors, Inc. | How to use Dave Ramsey’s Baby Steps | Episode 9

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

 

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Episode 9 – Answers to Clients’ Most-Asked Questions: Part 1

Finance, Financial, Investing, Retirement

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Imagine walking into a financial planner’s office for the first time. What questions would you ask before deciding to work with that person?

Today, Royal Standley is here to answer your biggest questions. Working off a list of his clients’ most-asked questions, Royal gives forthright and detailed answers, while also sharing helpful planning advice along the way!

In this episode, you’ll learn:

  • The different services provided by a financial planner vs. a financial advisor
  • Royal’s opinion on the future of Social Security—do we need to worry about this benefit disappearing?
  • The overlooked side effect of saving a lot of money in a 401(k)
  • Why Royal doesn’t factor inheritances into financial plans
  • The IRA-contribution opportunity that most people don’t know about
  • And more!

Tune in and learn the answers to the most-asked financial planning questions! You can also get your questions answered in the next podcast by emailing Royal at royal@opfa.com.

Resources:  Oregon Pacific Financial Advisors, Inc.

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

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Episode 8 – How to Use Dave Ramsey’s Baby Steps

Finance, Financial, Investing, Retirement

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What comes to mind when you think of having financial peace? Perhaps you envision paying off your debt, boosting your savings, or not having to worry about the future.

Royal Standley helps clients achieve all of the above. Today, Royal shares the simple process he uses with clients, called Dave Ramsey’s Baby Steps, which focuses on changing money-related behaviors through a proven step-by-step plan.

In this episode, you’ll learn:

  • What’s involved in each of the seven Baby Steps
  • How to use the snowball method to become debt-free
  • What to consider when deciding how much money to set aside in your emergency savings
  • Why Royal never wants to see a client put four years worth of college savings in an account that is tied to education, like an ESA or a 529 plan
  • And more!

Tune in now to learn how you can start using the baby steps today!  

Resources: Oregon Pacific Financial Advisors, Inc. | Dave Ramsey’s Baby Steps

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

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Episode 7 – Planning for Lifetime Charitable Giving

Finance, Financial, Investing, Retirement

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With the holiday season quickly approaching, more and more people are beginning to think about their charitable giving.

In this episode, Royal Standley talks about the importance of finding what speaks to your heart when you’re choosing which organizations to support.

Here’s what you will learn about:

  • The “American advantage” of charitable giving—and what sets America apart from other countries when it comes to charity
  • The importance of including long-term charitable giving in your estate plan
  • What to consider when deciding to create your own foundation or give to an already-established charitable cause, both in life and after
  • How to continue generating income into retirement, while still donating to your charities of choice
  • Why leaving your IRA or 401(k) untouched will save you money in the long run

Tune into this episode with Royal Standley and learn all about charitable giving and estate planning!

Resources

Oregon Pacific Financial Advisors, Inc.

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

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Episode 6 – It’s Never Too Soon to Start Estate Planning

Finance, Financial, Investing, Retirement

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Did you know that everyone has an estate plan, even if they don’t have a will or a living trust?

But when people pass away without a prepared will or a trust, their heirs are chosen by the laws of whichever state they lived in.  

Maintain control of what happens to your assets by working on your estate plan. Royal Standley is here to simplify the process and guide you through it.

In this episode, you will learn:

  • How soon people should get a will or a living trust
  • What a probate is and what that process involves
  • The pros and cons of wills versus living trusts
  • What happens if you forget to put an asset into the name of the living trust
  • Why Royal recommends having a pre-death inheritance event
  • And more!

Tune in now to learn how you can use estate planning to protect your loved ones and your assets!

Resources: Oregon Pacific Financial Advisors | 541-772-1116

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

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Episode 5 – How to Plan for Risks Through Financial Planning

Finance, Financial, Investing, Retirement

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In his last episode, Royal Standley talked about nine types of risk that could impact your returns. Now Royal is back to explain how he addresses those risks through his financial planning process. He is on a mission to create the best possible outcomes for clients.

In this episode, you will learn:

  • A recap of the nine types of risk
  • Which risk clients worry about the most and how Royal addresses it
  • The insurance policy that most higher-income individuals are overlooking
  • Examples of how clients benefit from planning around risk
  • Spending trends in retirement
  • And more!

Tune in now to learn how planning around risk can help you prepare for the best future possible.

Resources: Oregon Pacific Financial Advisors | 541-772-1116 | Episode 4: Are You Aware of These Nine Risks to Your Portfolio?

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

 

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Episode 4- Are You Aware of These Nine Risks to Your Portfolio?

Finance, Financial, Investing, Retirement

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There are nine types of risk that could not only impact your investment returns, but also your overall financial plan.

Today, Royal Standley outlines each type of risk and shares strategies he uses to help reduce their effect on clients’ investment portfolios.

In this episode, you will learn:

  • How parents tend to influence their children’s risk tolerance
  • How your risk tolerance is calculated
  • The characteristics of nine investment risk types
  • A form of liquidity risk that most people don’t consider
  • Why paying for your kids’ tuition could pose a situation risk
  • And more!

Listen now as Royal walks you through the nine different areas of risk to consider when building your portfolio.

Resources: Oregon Pacific Financial Advisors | Online Risk Assessment Tool | 541-772-1116

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

 

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Episode  3 – A Walk Through the Life By Design™ Guided Discovery Process

Finance, Financial, Investing, Retirement

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Meeting with a financial advisor for the first time can be overwhelming when you don’t know what to expect.Today, Royal Standley eliminates the unknown by walking you through the first step in Oregon Pacific Financial Advisors’ Life By Design™ process, otherwise known as their guided discovery.

In addition to learning what it’d be like to experience the guided discovery, you will also learn:

  • What Royal cares about way more than what assets clients are bringing in—and why
  • How he guides sensitive discussions, such as estate planning options and strategies
  • And why it’s important for clients to disclose all of their assets to their advisors

Tune in now for a step-by-step look at the first step of the Life By Design™ process, and learn how you could design a personalized financial plan that is just right for you.

Resources: Oregon Pacific Financial Advisors, Inc. | Life By Design™ Process

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

 

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Episode 2 – How the Life By Design™ Process Can Help You Dream Big

Finance, Financial, Investing, Retirement

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Today, Royal Standley shares what sets his firm apart from other financial advisers.

This lively episode is all about Oregon Pacific Financial Advisors’ Life By Design™ process, which helps clients design the rest of their lives and achieve the outcomes they’re hoping for.

Royal discusses the Life By Design™ process in-depth, walking you through the steps he takes with clients and sharing the questions he asks to help clients articulate their goals. Royal also explains how the process helps to clear away clients’ financial headaches, so they can live their best lives.

Listen now to learn about the Life By Design™ process and how it could help you give meaning to the next phase of your life.

Resources: Oregon Pacific Financial Advisors, Inc. | Life By Design™ Process

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.

 

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Episode 1 – Introduction to Royal Standley, President & CEO of Oregon Pacific Financial Advisors

Finance, Financial, Investing

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Meet Royal Standley, President & CEO of Oregon Pacific Financial Advisors.

In this inaugural episode of the Life By Design Podcast, Royal helps you to get to know him by sharing how he came to work in the financial industry and why he’s devoted to helping “real people who are getting ready to retire.”

Royal also shares a more personal side of himself, opening up about his passion for education and theatre, and how he has been influenced by his mother’s entrepreneurial talents.

Tune in now to learn more about Royal Standley and how he can help you fit the pieces of retirement together for your unique situation.

Resources: Oregon Pacific Financial Advisors, Inc.

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.