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The third quarter delivered no shortage of market-moving headlines. Rising energy prices, geopolitical uncertainty, persistent inflation concerns, evolving Federal Reserve policy, and continued enthusiasm around artificial intelligence all influenced investor sentiment and market performance. This week on Money Sense, Nik Kibardin, Wealth Services Advisor and Development Leader at Ellenbecker Investment Group, is joined by Mike Roth, Partner and Founder of Stark Investments. Together, they take a closer look at the major themes that shaped the third quarter, including the impact of oil prices on inflation, interest rates, consumer costs, and overall market performance. The conversation also explores the growing influence of AI on corporate earnings and productivity, the concentration of market leadership among a small group of technology companies, and what investors should focus on as they head into the fourth quarter. Mike shares his perspective on navigating uncertainty and explains why discipline, diversification, and long-term thinking remain critical regardless of market conditions. Episode Highlights 0:41 | The biggest market takeaway from the third quarter: oil remains a major market driver 4:27 | Why rising oil prices continue to influence inflation, interest rates, and investor expectations 8:40 | How higher energy costs are affecting consumers, businesses, and the broader economy 13:37 | What the Fed is watching and how interest rate policy could evolve in the months ahead 16:51 | Why investors should avoid building portfolios around specific market outcomes 17:32 | A look at third-quarter market performance, earnings growth, and continued AI-driven leadership 21:40 | Strong economic growth: positive for markets or a new inflation concern? 23:00 | The AI investment story, productivity gains, and what it means for long-term investors 28:58 | Key considerations for retirees and investors approaching retirement 29:14 | Why discipline, diversification, and a long-term perspective matter during uncertain markets 32:05 | The two factors Mike is watching most closely heading into the fourth quarter: oil and earnings ELLENBECKER INVESTMENT GROUP Presenter of the Money Sense Podcast. Ellenbecker Investment Group (EIG), a registered investment advisor, provides comprehensive financial planning and fiduciary wealth management services for individuals, families, businesses, and charitable organizations. EIG's planning-first approach helps clients align their financial decisions with their values, goals, and long-term vision for the future. Website: ellenbecker.com This podcast is for educational purposes only and should not be considered legal, tax, or financial advice. Guest opinions represent the views of the individuals speaking and do not necessarily reflect the views of Ellenbecker Investment Group. Before making financial, tax, retirement, or investment decisions, consult with qualified professionals familiar with your individual circumstances.

Most people have an idea of when they'd like to retire, but life doesn't always follow the timeline we have in mind. Health concerns, job loss, workplace changes, burnout, or family caregiving responsibilities can all lead to retirement happening earlier than expected, making preparation for the unexpected an important part of retirement planning. This week on Money Sense, Nik Kibardin, CFP®, and Amy Bremmer, CFP®, Wealth Advisors at Ellenbecker Investment Group, discuss how to prepare for retirement on your own terms rather than being forced into it by circumstances beyond your control. They explore four common reasons people may leave the workforce earlier than planned and how today's retirement can look very different from previous generations. The conversation also outlines seven steps that can help you prepare for greater flexibility in retirement, from creating a personalized financial plan and diversifying retirement income to developing a tax strategy, maintaining your employability, and planning for family responsibilities. Whether retirement is years away or quickly approaching, thoughtful preparation can help you navigate the unexpected with greater clarity and confidence. Episode Highlights: 0:38 | Why retirement may happen earlier than expected 3:03 | Four common reasons people are forced into early retirement 6:25 | Workplace changes, burnout and career disruption 7:41 | How caregiving responsibilities can change retirement plans 9:41 | The changing face of retirement today 10:13 | “Light switch or dimmer?” Rethinking the transition into retirement 12:51 | Seven steps to help you retire on your own terms 13:15 | Building a personalized retirement plan 14:52 | Preparing financially for the unexpected 17:09 | Diversifying your sources of retirement income 17:44 | Creating a tax strategy for retirement 18:36 | Investing in your skills and future employability 20:33 | Planning for family and caregiving responsibilities 23:38 | Choosing the right financial professional 24:16 | Final thoughts on preparing for the retirement you want ELLENBECKER INVESTMENT GROUP Presenter of the Money Sense Podcast. Ellenbecker Investment Group (EIG), a registered investment advisor, provides comprehensive financial planning and fiduciary wealth management services for individuals, families, businesses, and charitable organizations. EIG's planning-first approach helps clients align their financial decisions with their values, goals, and long-term vision for the future. Website: ellenbecker.com This podcast is for educational purposes only and should not be considered legal, tax, or financial advice. Guest opinions represent the views of the individuals speaking, and references to specific products, services, legislation, or organizations do not imply endorsement by Ellenbecker Investment Group. Before making financial, tax, or estate planning decisions, consult with qualified professionals familiar with your individual circumstances.

Financial information can be valuable, but understanding how it fits into your bigger financial picture is what makes it meaningful. In this installment of the Money Sense series, Behind the Scenes at EIG, Brett Engelking, Director of Systems, Operations and Investments at Ellenbecker Investment Group, is joined by Christina Schnuckel, Director of Client Experience. Together, they explore how EIG helps clients stay informed and engaged through consolidated reporting, technology, ongoing meetings and educational resources. Brett and Christina also discuss how technology has changed financial services while EIG's personalized approach has remained. From the value an advisor provides beyond investment performance to the growing role of artificial intelligence, they share how technology can create efficiencies while human connection and collaboration remain at the center of the client experience. Episode Highlights: 0:27 | Continuing Behind the Scenes at EIG with a closer look at client reporting and technology 1:12 | Why monthly investment statements may not tell the complete performance story 2:28 | EIG's Consolidated Asset Summary and Total View portal 3:43 | Accessing financial information through the EIG mobile app 4:08 | Seeing the complete household financial picture 4:35 | The difference between EIG's investment and tax portals 5:36 | Ongoing client meetings and reviewing investments, taxes, cash flow and retirement projections 7:16 | How technology has transformed financial services and the EIG client experience 9:52 | Why EIG doesn't take a one-size-fits-all approach to investing 11:08 | The value of a financial advisor beyond investment performance 13:07 | Incorporating tax strategy, charitable giving and risk management into financial planning 14:05 | The human side of financial planning 14:48 | Client education, seminars and financial resources 16:48 | Preparing for the transition into retirement 17:28 | Artificial intelligence in financial services 18:14 | How EIG is using AI behind the scenes 19:47 | Navigating financial information and advice online 20:30 | Why AI can't replace human collaboration and professional coordination 22:00 | What's ahead in the Behind the Scenes at EIG series ELLENBECKER INVESTMENT GROUP Presenter of the Money Sense Podcast. Ellenbecker Investment Group (EIG), a registered investment advisor, provides comprehensive financial planning and fiduciary wealth management services for individuals, families, businesses, and charitable organizations. EIG's planning-first approach helps clients align their financial decisions with their values, goals, and long-term vision for the future. Website: ellenbecker.com This podcast is for educational purposes only and should not be considered legal, tax, or financial advice. Guest opinions represent the views of the individuals speaking, and references to specific products, services, legislation, or organizations do not imply endorsement by Ellenbecker Investment Group. Before making financial, tax, or estate planning decisions, consult with qualified professionals familiar with your individual circumstances.

Financial planning is about more than choosing investments. A thoughtful financial plan considers where you are today, where you want to go, and the many pieces of your financial life that need to work together to help you get there. In the first installment of a new Money Sense series, Behind the Scenes at EIG, Brett Engelking, Director of Systems, Operations and Investments at Ellenbecker Investment Group, is joined by Christina Schnuckel, Wealth Advisor and Director of Client Experience. Together, they pull back the curtain on the EIG client experience, from determining whether a client and advisor are the right fit to developing a holistic financial plan before investment recommendations are made. The conversation explores EIG's planning process, team-based approach, estate and tax planning, and investment philosophy. Brett and Christina also discuss the importance of diversification, risk management, transparent fees and building an investment strategy designed for both strong and challenging markets. Along the way, they share some of the "aha moments" clients experience when they begin to see how investments, taxes, estate planning and other financial decisions work together as part of a bigger picture. Episode Highlights: 0:30 | Introducing Behind the Scenes at EIG, a new Money Sense series exploring the people, processes and philosophy behind Ellenbecker Investment Group 1:24 | What makes someone an ideal EIG client and why the right fit is about more than investable assets 2:41 | Why financial planning isn't only for people who already have significant wealth 3:15 | The Wealth Seed and helping people build a strong financial foundation at the beginning of their financial journey 4:10 | Why emergency savings, estate planning and financial protection come before investing 6:15 | What prospective clients can expect from EIG's multi-meeting financial planning process 6:48 | Why understanding a client's full financial picture is essential to making recommendations in their best interest 7:13 | The discovery meeting and the questions that help shape an individualized financial plan 8:34 | Why EIG builds the financial plan before focusing on investment management 9:36 | Estate planning as a foundational part of a comprehensive financial plan 11:23 | EIG's team approach and the roles of wealth advisors, advisor associates and operations associates 12:57 | Creating continuity so clients don't have to tell their financial story over and over again 14:39 | Shifting behind the scenes to EIG's approach to investing 15:02 | What diversification really means and why owning different stocks doesn't necessarily mean you're diversified 16:59 | Diversification as a core component of EIG's investment philosophy 17:13 | The risk of choosing investments based primarily on past performance 17:57 | Why investors may unknowingly own more of the same companies they already hold through mutual funds 18:42 | Chasing market performance and the danger of moving toward the latest "hot" investment 19:57 | How investment models help create diversified portfolios based on risk and return objectives 20:29 | Balancing the desire for growth with protection during down markets 22:11 | EIG's five pillars of investment philosophy: high-quality dividend-paying stocks, diversification, efficient and transparent fees, income protection and tax planning 23:46 | How newer in...

Saving for retirement is one thing. Making the most of your workplace retirement plan is another. This week on Money Sense, Jamie Williams, CFP®, Wealth Advisor at Ellenbecker Investment Group, is joined by Jean Range, Senior Wealth Advisor at EIG, for an in-depth discussion on how to maximize the value of a 401(k). From employer matching contributions and investment selection to Roth versus pre-tax contributions, they break down the key decisions that can significantly impact long-term retirement success. Together, Jamie and Jean explore common mistakes employees make with their retirement plans, the importance of starting early, how to navigate market volatility, and why your 401(k) should be viewed as part of your overall financial picture. They also discuss retirement distribution strategies, beneficiary designations, and the role professional guidance can play throughout every stage of your retirement journey. Episode Highlights: 0:26 | Introduction to 401(k)s and why understanding your retirement plan matters 2:08 | Defined contribution plans versus traditional pension plans and how retirement has evolved 3:10 | Why 401(k)s have become a cornerstone of retirement planning 3:46 | The power of starting early and maximizing your employer match 4:51 | Understanding vesting schedules and what happens to employer contributions when you change jobs 5:43 | Dollar-cost averaging and how consistent contributions can benefit long-term investors 7:15 | Common 401(k) mistakes, including pausing contributions and failing to review investments 7:45 | Auto-enrollment and how employers are helping employees save more effectively 8:53 | The time value of money and the significant advantage of starting young 10:24 | The "latte factor" and how small spending decisions can impact long-term savings 11:57 | Navigating investment options and avoiding common allocation mistakes 12:35 | Understanding target-date funds and how they work 14:39 | Market volatility, emotional investing, and the dangers of trying to time the market 16:27 | When target-date funds may be appropriate and when investors may benefit from more customized allocations 18:54 | Why contributing enough to your 401(k) should be a top financial priority 19:21 | Roth 401(k) versus traditional pre-tax contributions and how to evaluate the right fit 20:49 | How tax planning influences retirement savings decisions 22:01 | 2026 contribution limits, catch-up contributions, and new opportunities for older savers 23:55 | Viewing your 401(k) as part of your total investment portfolio 25:34 | How comprehensive financial planning goes beyond investment management 26:14 | The risks of remaining in stable value funds and being overly conservative 27:29 | The importance of diversification and managing portfolio risk 28:24 | Rebalancing strategies and how often you should review your 401(k) 29:18 | Aligning your investment allocation with your risk tolerance and retirement timeline 30:07 | What to do when your employer changes 401(k) providers 30:50 | A common misconception: your 401(k) provider is not selecting investments for you 32:29 | Additional retirement plan mistakes to avoid 32:51 | Transitioning from saving for retirement to spending in retirement 33:20...

In today’s digital world, shopping has never been easier. With targeted advertising, social media influencers, one-click purchasing, and endless sales promotions, it's easy to make purchases before we've had time to consider whether we truly need them. While these conveniences can save time and introduce us to useful products, they can also lead to overspending, clutter, financial stress, and unintended environmental consequences. This week on Money Sense, Amy Bremmer, CFP®, Wealth Advisor at Ellenbecker Investment Group, is joined by Tammy Niemann, ChFC®, Wealth Advisor at Ellenbecker Investment Group, for a conversation about "de-influencing" in a swipe-now culture. Together, they explore practical strategies for resisting impulse spending, discuss how consumer habits impact long-term financial goals, and examine the connections between overconsumption, mental well-being, and environmental sustainability. Amy and Tammy share personal experiences, actionable techniques for becoming a more mindful consumer, and thought-provoking insights into how small spending decisions can affect everything from retirement preparedness to household clutter. They also discuss lessons from the Netflix documentary Buy Now and the growing movement toward intentional consumption. Episode Highlights: 0:18 | Introduction to de-influencing and the impact of modern marketing on spending habits 2:12 | Determining whether a purchase is a true need or simply a want 3:21 | How implementing a 24- to 48-hour waiting period can reduce impulse buying 4:34 | Why unsubscribing from marketing emails can help limit unnecessary spending 6:19 | Using social media algorithms intentionally by following de-influencers and minimalist creators 7:57 | "Breaking up with your phone" and reducing mindless scrolling that leads to spending 9:44 | How spending habits affect long-term financial goals and retirement readiness 11:00 | Why understanding your spending is one of the most important parts of financial planning 13:12 | The relationship between consumerism, clutter, and mental health 15:25 | Five practical rules for becoming a more mindful consumer 16:22 | Calculating purchases in "life energy" by measuring them in hours worked rather than dollars spent 17:52 | Asking whether a purchase will simplify or complicate your life 18:00 | The dangers of buying for an aspirational lifestyle instead of your current reality 18:45 | The sunk-cost mindset and why people struggle to part with unused purchases 19:16 | Exploring the environmental effects of overconsumption 20:13 | Surprising statistics about plastic recycling and the concept of greenwashing 21:35 | Fast fashion, textile waste, and the unintended consequences of clothing donations 24:04 | The growing popularity of thrifting and secondhand shopping among younger generations 25:20 | Electronic waste, recycling challenges, and what happens to discarded technology 26:12 | Defining what "enough" means and aligning spending with personal values 26:40 | Final thoughts on mindful consumption, financial well-being, and intentional living ELLENBECKER INVESTMENT GROUP Presenter of the Money Sense Podcast. Ellenbecker Investment Group (EIG), a registered investment advisor, provides comprehensive financial planning and fiduciary wealth management services for individuals, families, businesses, and charitable organizations. EIG's planning...

Building a successful business takes more than passion and determination. Long-term growth requires financial clarity, strategic decision-making, and the ability to balance profitability with sustainability. For entrepreneurs, understanding key financial metrics, building the right support team, and protecting their own well-being are all essential components of lasting success. This week on Money Sense, Heather Deaton, Wealth Advisor at Ellenbecker Investment Group, welcomes Cheryl McMurtry, Founder and President of McMurtry Financial Services. Drawing on her experience helping small businesses and nonprofit organizations strengthen their financial foundations, Cheryl shares practical insights on the habits, strategies, and financial disciplines that help businesses thrive beyond the critical first few years. The conversation explores the importance of knowing your numbers, understanding cash flow, budgeting for growth, maintaining profitability, and building the right team of professional partners. Heather and Cheryl also discuss pricing strategies, business sustainability, succession planning, delegation, and the often-overlooked connection between entrepreneurial success and personal well-being. Episode Highlights: 1:31 | Cheryl shares her background and the mission behind McMurtry Financial Services 2:52 | Why most businesses fail within the first three to five years and the role financial health plays in long-term success 4:46 | The importance of knowing your numbers and running a business with financial clarity 6:27 | Understanding your break-even point and why every business owner should know it 7:28 | Profit margins, pricing strategies, and avoiding the trap of underselling your value 9:18 | Managing cash flow and understanding how money moves through a business 10:13 | Identifying seasonal trends and using historical data to make better business decisions 13:19 | How often business owners should review financial data and meet with trusted advisors 14:35 | Why waiting until tax season is often too late to make meaningful financial improvements 15:40 | Building reserves, emergency funds, and financial safeguards for businesses 16:54 | The value of lines of credit and planning for unexpected challenges 19:10 | Becoming an expert in your industry while relying on specialists for financial guidance 19:42 | Why budgeting serves as the roadmap for sustainable business growth 24:13 | Understanding your unique value proposition and pricing it appropriately 27:42 | The importance of managing expenses and evaluating the true cost of doing business 29:17 | Building a team of professional partners, from marketing specialists to HR experts 30:13 | Knowing where your time creates the most value and learning when to delegate 31:52 | Succession planning and developing future leaders within your organization 33:41 | Common financial pitfalls that prevent businesses from reaching long-term profitability 34:14 | Cheryl's “You Are Here” financial map analogy and why accurate bookkeeping matters 36:14 | Remaining compliant with taxes, regulations, and reporting requirements 38:12 | Protecting your well-being as a business owner and avoiding burnout 40:22 | Moving from the hustle mindset to building a scalable business with systems and processes 42:11 | Setting boundaries, defining your ideal clients, and learning to say no strategically 43:4...

Travel is often one of the most rewarding goals people build into their financial plans. Whether it's exploring a bucket-list destination, creating lasting memories with children and grandchildren, or immersing yourself in a new culture, travel has the power to enrich life in ways few other experiences can. But today's travel landscape requires thoughtful planning, flexibility, and expert guidance to make the most of every adventure. This week on Money Sense, Jamie Williams, CFP®, Wealth Advisor at Ellenbecker Investment Group, welcomes travel experts Bob Winter and Jim Wilde of Lake Country Travel and Entourage Expeditions. Drawing on decades of industry experience and personal travel to more than 110 countries, Bob and Jim share insights into today's biggest travel trends, how travelers can maximize value, and what retirees and families should consider when planning meaningful experiences around the world. The conversation explores everything from river cruising, small-group travel, and cultural immersion experiences to multi-generational travel, travel insurance, budgeting, passport requirements, and destination planning. Bob and Jim also discuss common travel mistakes, how to accommodate varying mobility levels, why flexibility remains essential, and how thoughtful travel planning can create unforgettable experiences for families and retirees alike. Episode Highlights: 1:31 | Bob and Jim share their backgrounds, travel experience, and how Lake Country Travel and Entourage Expeditions were founded 3:22 | Adventures in Antarctica and why expedition travel continues to grow in popularity 4:29 | Major travel trends including river cruising, small-group experiences, and cultural immersion travel 6:52 | How first-time travelers can determine whether guided tours or custom itineraries are right for them 8:36 | Accommodating mobility concerns and selecting travel options that match individual comfort levels 10:18 | Bucket-list destinations, the Seven Continents Club, and experiencing places before they change forever 11:52 | Multi-generational travel as a legacy planning strategy that creates lifelong family memories 13:37 | Why major trips should often be planned 18 to 24 months in advance 15:03 | The importance of flexibility, contingency planning, and adapting during travel 16:31 | Incorporating meaningful travel goals into a comprehensive financial plan 17:05 | What's driving higher travel costs and how travelers should prepare for sticker shock 18:45 | Three practical ways to maximize travel value, including early booking discounts, cash savings opportunities, and travel rewards programs 20:48 | Why people should prioritize meaningful travel experiences before retirement whenever possible 22:19 | Common travel mistakes, over-planning itineraries, and avoiding travel burnout 23:21 | Passport renewal requirements and important documentation considerations for international travel 24:47 | REAL ID, TSA PreCheck, Global Entry, and strategies to simplify the travel experience 26:01 | Travel insurance essentials, including trip cancellation, medical coverage, delays, and baggage protection 29:19 | Where spending a little more can significantly improve your travel experience 31:06 | Memorable bucket-list destinations including Antarctica, Alaska, and the Canadian Rockies 32:43 | How travel creates friendships, community, and lifelong connections among fellow travelers 33:19 | A unique Morocco expedition built around experiencing a nearly total solar eclipse 34:14 | Final travel advice for retirees: prioritize energy, interests, and richer experiences over checking destinations off a list 35:00 | Great starter travel options for new international travelers, including river cruises and rail journeys 36:24 | How to learn more about Lake Country Travel an...

Retirement is one of life's biggest transitions, and while financial preparation is essential, the emotional, social, and practical realities of retirement are just as important. From finding purpose and maintaining relationships to navigating health care costs and changing travel plans, retirement often looks different than people expect. This week on Money Sense, Jean Range, Senior Wealth Advisor at Ellenbecker Investment Group, welcomes former Ellenbecker advisor Diane Byrne for an honest conversation about retirement. Drawing on her decades of experience helping clients prepare for retirement, along with her own six years of retirement experience, Diane shares what surprised her most, what she planned well, and what lessons she learned along the way. The conversation explores everything from practicing for retirement before leaving the workforce and maintaining your sense of identity, to planning for health care expenses, staying active, managing taxes, and creating a lifestyle filled with purpose and meaningful connections. Jean and Diane also discuss aging in place, retirement travel, spending habits after leaving work, and what truly defines a successful retirement. Episode Highlights: 1:18 | Why retirement can feel intimidating and why so many people fear the transition 2:45 | Diane's approach to retirement planning and "practicing" retirement before leaving work 4:20 | Finding purpose, community, and activities that fill your cup in retirement 4:41 | Navigating identity and staying connected after leaving your career behind 6:13 | Unexpected retirement surprises, including retiring during COVID 7:15 | Designing a forever home and planning to age in place 8:22 | Health challenges that changed retirement expectations 10:16 | Retiring to something, not from something: finding purpose in retirement 11:00 | Pursuing hobbies, friendships, and passions with newfound freedom 11:49 | How learning the ukulele created community, volunteer opportunities, and lifelong friendships 13:23 | The mission and impact of the Ellenbecker Charitable Foundation 14:19 | Travel expectations versus retirement realities 15:03 | How health and changing interests can reshape retirement travel plans 16:43 | Solo travel options and finding communities that share your interests 17:46 | Buyer beware: the retirement expenses people often underestimate 18:20 | The true cost of health care in retirement and Medicare considerations 19:28 | Why taxes matter more in retirement than many people expect 20:27 | Tax planning strategies and managing retirement income sources 21:44 | The importance of staying physically and mentally active in retirement 22:42 | Preparing for retirement several years before you leave the workforce 22:48 | Why major purchases may be easier to make before retiring 23:44 | Creating dedicated savings for meaningful goals and special experiences 24:43 | Knowing when you're truly ready to retire 25:25 | Diane's definition of a successful retirement and the freedom of having choices ELLENBECKER INVESTMENT GROUP Presenter of the Money Sense Podcast. Ellenbecker Investment Group (EIG), a registered investment advisor, provides comprehensive financial planning and fiduciary wealth management services for individuals, families, businesses, and charitable organizations. EIG's planning-first approach helps clients align their financial decisions with th...

Helping grandchildren financially is about much more than simply giving money. Thoughtful planning can create opportunities for education, encourage healthy financial habits, and establish a lasting family legacy that benefits future generations. This week on Money Sense, Nick Kibardin, MBA, CFP®, welcomes Sandy Miller, Wealth Advisor Associate at Ellenbecker Investment Group, for a conversation about seven ways grandparents can help their grandchildren. Drawing from both her professional experience and her role as a grandmother of seven, Sandy shares practical strategies for gifting, saving, investing, and passing along financial values that can make a meaningful impact for years to come. The discussion covers everything from cash gifts and Roth IRA opportunities for working teenagers to 529 plans, custodial accounts, trusts, direct tuition payments, appreciated stock gifting strategies, and the newly introduced Trump Accounts. Along the way, Nick and Sandy highlight the importance of financial education and how grandparents can use these tools not only to transfer wealth, but also to teach responsibility and stewardship. Episode Highlights: 1:20 | #1 Gifting cash and teaching financial responsibility 4:42 | Using earned income and Roth IRAs to build long-term wealth 5:43 | #2 Understanding the benefits of 529 college savings plans 9:41 | New flexibility for 529 plans, including Roth IRA rollovers 10:38 | #3 How custodial (UTMA) accounts can teach investing fundamentals 15:36 | #4 Using trusts to create a lasting family legacy 18:36 | #5 Direct tuition and medical payments as gifting strategies 20:42 | #6 The advantages and considerations of gifting appreciated stock 23:58 | #7 Exploring the new Trump Accounts and their potential benefits 28:15 | Educational resources available through Ellenbecker Investment Group 29:48 | Final thoughts on financial education, family values, and legacy planning ELLENBECKER INVESTMENT GROUP Presenter of the Money Sense Podcast. Ellenbecker Investment Group (EIG), a registered investment advisor, provides comprehensive financial planning and fiduciary wealth management services for individuals, families, businesses, and charitable organizations. EIG's planning-first approach helps clients align their financial decisions with their values, goals, and long-term vision for the future. Website: ellenbecker.com This podcast is for educational purposes only and should not be considered legal, tax, or financial advice. Guest opinions represent the views of the individuals speaking, and references to specific products, services, legislation, or organizations do not imply endorsement by Ellenbecker Investment Group. Before making financial, tax, or estate planning decisions, consult with qualified professionals familiar with your individual circumstances.

Markets are constantly balancing optimism and uncertainty. While headlines often focus on volatility, long-term success comes from understanding the forces driving investment decisions and maintaining a disciplined strategy aligned with your goals. This week on Money Sense, Jamie Williams welcomes Dick Schiller, CFA and Senior Wealth Advisor at Pavlic Investment Advisors, for a discussion on the current investment landscape. Together, they explore the ongoing bull versus bear market debate, the impact of artificial intelligence on corporate earnings and market performance, and what investors should be watching as economic conditions continue to evolve. The conversation also takes a deeper look at fixed income investing, including today's interest rate environment, the role of bonds in a diversified portfolio, and how thoughtful asset allocation can help investors navigate uncertainty. Dick shares insights on corporate bonds, market expectations for interest rates, and why maintaining a long-term perspective remains essential regardless of market conditions. Episode Highlights: 1:48 | Understanding bull and bear markets 5:29 | The bullish case for today's market 7:22 | How AI spending is driving earnings growth 10:25 | Potential risks investors should watch 14:47 | The current fixed income landscape 18:12 | Why "higher for longer" interest rates matter 21:23 | Federal Reserve expectations and market outlook 23:20 | Cash management and bond ladder strategies 30:10 | Why corporate bonds remain attractive 35:19 | Investor discipline during market uncertainty 38:04 | AI, productivity, and long-term market opportunities PAVLIC INVESTMENT ADVISORS Pavlic Investment Advisors is an independent investment management firm providing portfolio management, fixed income expertise, and investment consulting services for individuals, families, institutions, and financial advisors. The firm focuses on disciplined investment strategies, risk management, and customized portfolio solutions designed to help clients pursue their long-term financial goals. Website: pavlic.com ELLENBECKER INVESTMENT GROUP Presenter of the MPC Podcast. Ellenbecker Investment Group (EIG), a registered investment advisor, provides comprehensive financial planning and fiduciary wealth management for individuals, families, businesses, and charitable foundations. Website: ellenbecker.com This podcast is for educational purposes only and should not be considered legal, tax, or financial advice. Guest opinions represent the views of the individuals speaking, and references to companies or organizations do not imply endorsement by Ellenbecker Investment Group.

Retirement is one of the biggest life transitions we face, yet most retirement conversations focus solely on the financial side. In this episode of Money Sense, Senior Wealth Advisor Jean Range sits down with Dr. Jessica Fischer, Brown Deer Campus Director of Clinical Services at Rogers Behavioral Health, to discuss the emotional and psychological realities of retirement. Jean and Dr. Fischer discuss the stages of retirement, the importance of purpose and community, signs that loneliness or depression may be developing, and practical ways to prepare emotionally for this next chapter of life. They also share resources for retirees and families looking to support healthy aging and overall well-being. 00:00 Why Retirement Is More Than a Financial Decision 02:12 When Your Career Becomes Your Identity 07:08 Building Purpose, Routine, and Social Connection 09:32 The Stages of Retirement Adjustment 13:14 Recognizing Loneliness, Anxiety, and Depression 15:24 When One Spouse Retires Before the Other 19:34 Finding Activities That Fill Your Bucket 23:33 Creating a Happier, More Meaningful Retirement New episodes of Money Sense drop weekly. Subscribe for more conversations that connect financial education with real-life decisions. #MoneySense #RetirementPlanning #RetirementLifestyle #Retirement #MentalHealth #HealthyAging #BehavioralHealth #LifeAfterWork #FinancialPlanning #PersonalFinance #FinancialEducation #EllenbeckerInvestmentGroup ELLENBECKER INVESTMENT GROUP Presenter of the Money Sense Podcast. Ellenbecker Investment Group (EIG), a registered investment advisor, provides comprehensive financial planning and fiduciary wealth management for individuals, families, businesses, and charitable foundations. Website: ellenbecker.com This podcast is for educational purposes only and should not be considered legal, tax, or financial advice. Guest opinions represent the views of the individuals speaking, and references to companies or organizations do not imply endorsement by Ellenbecker Investment Group.

Taxes are often something people think about once a year. Gather the documents, file the return, and move on. But what if that approach is causing you to miss valuable opportunities? In this episode of Money Sense, Wealth Services Advisor Nik Kibardin sits down with Richard Wolosek, CPA and Tax Planning Advisor at Ellenbecker Investment Group, to break down the critical difference between tax preparation and tax planning. While tax preparation focuses on reporting what already happened, tax planning helps shape what happens next. Nik and Richard explore how proactive tax strategies can impact every stage of life, from accumulating wealth and preparing for retirement to leaving a tax-efficient legacy for future generations. They also share real-world examples of how thoughtful planning can help reduce taxes, avoid costly Medicare premium increases, maximize charitable giving strategies, and create more flexibility throughout retirement. 00:00 Tax Preparation vs. Tax Planning: What's the Difference? 04:06 How Tax Planning Creates More Financial Options 08:42 Tax Strategies During Your Working Years 15:18 Retirement Tax Planning Opportunities 20:22 Legacy Planning, Inheritance, and Taxes 21:41 Real Client Stories 33:20 Final Takeaways  New episodes of Money Sense drop weekly. Subscribe for more conversations that connect financial education with real life decisions. #MoneySense #TaxPlanning #TaxPreparation #RetirementPlanning #RothConversion #FinancialEducation #PersonalFinance #TaxStrategy #WealthManagement #RetirementIncome #FinancialPlanning #EllenbeckerInvestmentGroup ELLENBECKER INVESTMENT GROUP Presenter of the Money Sense Podcast. Ellenbecker Investment Group (EIG), a registered investment advisor, provides comprehensive financial planning and fiduciary wealth management for individuals, families, businesses, and charitable foundations. Website: https://www.ellenbecker.com/ This podcast is for educational purposes only and should not be considered legal, tax, or financial advice. Guest opinions represent the views of the individuals speaking, and references to companies or organizations do not imply endorsement by Ellenbecker Investment Group.

Pets are family, but they also come with financial responsibilities that many owners don't fully anticipate. In this episode of Money Sense, Wealth Services Advisor Courtney Witthuhn is joined by Ellenbecker Investment Group Director of Marketing Sara McGuire to discuss the true cost of pet ownership, how to financially prepare for a pet, and the community resources available to help families keep their beloved companions healthy and at home. From pet insurance and emergency vet expenses to fostering, volunteering, and affordable care programs, this conversation offers practical guidance for current and future pet owners. Whether you're considering adding a pet to your family or looking for ways to better plan for your furry friend's future, this episode is packed with actionable insights. 00:00 Why Pet Planning Matters 01:57 The Real Cost of Pet Ownership 08:55 Preparing Financially for a Pet 15:00 Budgeting, Pet Insurance & Emergency Expenses 22:10 Alternatives to Ownership: Fostering & Volunteering 25:58 Community Resources & Estate Planning for Pet New episodes of Money Sense drop weekly. Subscribe for more conversations that connect financial education with real life decisions. #MoneySense #PetCareCosts #PetInsurance #FinancialPlanning #PetOwnership #WisconsinHumaneSociety #AnimalRescue #VeterinaryCare #PetBudgeting #EstatePlanning #PersonalFinance #FinancialWellness ELLENBECKER INVESTMENT GROUP Presenter of the Money Sense Podcast. Ellenbecker Investment Group (EIG), a registered investment advisor, provides comprehensive financial planning and fiduciary wealth management for individuals, families, businesses, and charitable foundations. Website: ellenbecker.com This podcast is for educational purposes only and should not be considered legal, tax, or financial advice. Guest opinions represent the views of the individuals speaking, and references to companies do not imply endorsement by Ellenbecker Investment Group.

Markets rarely move in straight lines and Q2 2026 was a powerful reminder of that. In this week’s episode of Money Sense, Karen Ellenbecker is joined by long-time market voice Mike Roth and Wealth Services Advisor Nik Kibardin to unpack a volatile yet resilient quarter. From geopolitical tensions and oil shocks to a remarkable market rebound, this conversation breaks down what really drove performance and what investors should pay attention to moving forward. The group explores the balance between strong economic fundamentals and headline-driven noise, and how both shaped investor sentiment. They also discuss inflation trends, shifting Federal Reserve expectations, the growing influence of AI, and how everyday investors can interpret what is happening through the lens of gas prices, rates, and portfolio decisions. 01:28 Q2 Market Resilience Explained 03:00 Geopolitics, Oil Shock & Market Reaction 06:15 Why Markets Rebounded (AI, CapEx & Confidence) 15:40 Strong Economy & Consumer Spending Trends 28:24 Inflation, Fed Policy & Market Outlook 35:30 Elections, Market Cycles & What Comes Next New episodes of Money Sense drop weekly. Subscribe for more conversations that connect financial education with real life decisions. #MoneySense #MarketUpdate #Q22026 #InvestingInsights #EconomicOutlook #InflationTrends #InterestRates #AIandInvesting #FinancialPlanning #WealthManagement #InvestorEducation #StockMarket #LongTermInvesting ELLENBECKER INVESTMENT GROUP Presenter of the Money Sense Podcast. Ellenbecker Investment Group (EIG), a registered investment advisor, provides comprehensive financial planning and fiduciary wealth management for individuals, families, businesses, and charitable foundations. Website: ellenbecker.com This podcast is for educational purposes only and should not be considered legal, tax, or financial advice. Guest opinions represent the views of the individuals speaking, and references to companies do not imply endorsement by Ellenbecker Investment Group.