Tag: Financial Advisors

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

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

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.

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

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

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.

Adapting To The Changes In Life (Ep. 70)

Adapting To The Changes In Life (Ep. 70)

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.

65. The Fundamentals of an Emergency Fund

65. The Fundamentals of an Emergency Fund

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.

 

59. The Future Of Low Returns

59. The Future Of Low Returns

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.

 

58. What Are My Income Options After Retirement?

58. What Are My Income Options After Retirement?

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.

57. Prepare For Winter

57. Prepare For Winter

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.

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

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

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.

 

Episode 55 – The Top Five Retirement Mistakes Business Owners Make

Episode 55 – The Top Five Retirement Mistakes Business Owners Make

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.

Episode 54 – The Deflation of Economic Inflation

Episode 54 – The Deflation of Economic Inflation

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.

Episode 53 – How To Avoid 15 Common Financial Planning Mistakes

Episode 53 – How To Avoid 15 Common Financial Planning Mistakes

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.

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

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

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.

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

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

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. 

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

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

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. 

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

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

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.

Episode 48 – Getting More Things Done in Less Time

Episode 48 – Getting More Things Done in Less Time

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.

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

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

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.

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

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

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. 

 

 

Episode 45 – 3 Essential Things New Parents Must Plan For

Episode 45 – 3 Essential Things New Parents Must Plan For

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.

 

Episode 44 – Financial Planning for 2021 and Beyond

Episode 44 – Financial Planning for 2021 and Beyond

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.

Episode 43 – Home Ownership in Your Retirement Plan

Episode 43 – Home Ownership in Your Retirement Plan

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.

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

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

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.

Episode 41 – Setting Your S M A R T Goals

Episode 41 – Setting Your S M A R T Goals

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.

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

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

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

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

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

Episode 38 – After the Smoke Is Gone

Episode 38 – After the Smoke Is Gone

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.

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

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

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?

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

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

Episode 35 – Prepare for a Financially Secure Life

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

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

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.

Episode 32: How to Build an Efficient Retirement Plan

Episode 32: How to Build an Efficient Retirement Plan

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.

Episode 31 – Answering Prospective Clients’ Frequently Asked Questions

Episode 31 – Answering Prospective Clients’ Frequently Asked Questions

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.