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Joe Allaria Certified Financial Planner

Joe Allaria is a CERTIFIED FINANCIAL PLANNER™, co-founder of CarsonAllaria Wealth Management (an independent RIA located in Glen Carbon, IL), and host of The Retirement Power Hour Podcast, where he helps educate the 50+ crowd on how to invest wiser and retire better.

For his numerous articles, Joe has been featured in the Wall Street Journal, USA Today.com, Yahoo Finance, Nasdaq.com, and Investopedia. He has also been a CERTIFIED FINANCIAL PLANNER™ professional since 2015.

Joe is also a husband, father of two boys, church musician, and avid golfer. He and his family reside in Glen Carbon, IL, a suburb of St. Louis, Missouri.

Recent Content

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Reduce Taxes With Charitable Giving &Raquo; 60854458C4D1Acdf4E1C2F79C4137142D85D78E379Bdafbd69Bd34C85F5819Ad 6
Reduce Taxes with Charitable Giving

Are you tired of donating cash to charities and missing out on potential tax savings? In this episode of the Retirement Power Hour, Joe Allaria, CFP®, provides four different ways, including Gifting …

Are you tired of don…

Are you tired of donating cash to charities and missing out on potential tax savings? In this episode of the Retirement Power Hour, Joe Allaria, CFP®, provides four different ways, including Gifting Appreciated Shares, Qualified Charitable Distributions (QCDs), Bunching Donations Into One Year, and Mega-Bunching with Donor Advised Funds, that you can use to reduce your taxes while still giving to the charities that you care about.Resources Mentioned on the Show:• Charitable donations Using Stock Not Cash• Can I Lower My Taxes with a Donor Advised Fund• Lowering Taxes with QCDs If you en…

Listen · 16:50
The Stock Market During An Election Year With Guest Jake Dekinder &Raquo; 60854458C4D1Acdf4E1C2F79C4137142D85D78E379Bdafbd69Bd34C85F5819Ad 6
The Stock Market During an Election Year with Guest Jake DeKinder

The 2024 presidential election has caused many investors to wonder if they should be doing anything differently. Is it safe to stay invested in stocks and bonds during this time, or should investors m…

The 2024 presidentia…

The 2024 presidential election has caused many investors to wonder if they should be doing anything differently. Is it safe to stay invested in stocks and bonds during this time, or should investors move their money to the sidelines until later this year? In Episode #28 of the Retirement Power Hour, Joe Allaria, CFP®, talks with Jake DeKinder, Head of Client Communications and Vice President at Dimensional Fund Advisors, about what the stock market has done in the past during election years and if the 2024 election year is different.About Our GuestAs Head of Client Communications, Jake helps …

Listen · 22:47
Cybersecurity: How To Stay Secure Online &Raquo; 60854458C4D1Acdf4E1C2F79C4137142D85D78E379Bdafbd69Bd34C85F5819Ad 6
Cybersecurity: How to Stay Secure Online

In Episode #27 of the Retirement Power Hour, Joe Allaria, CFP®, talks about various ways you can protect yourself online from cybersecurity attacks, phishing attempts, and other forms of attempted fr…

In Episode #27 of th…

In Episode #27 of the Retirement Power Hour, Joe Allaria, CFP®, talks about various ways you can protect yourself online from cybersecurity attacks, phishing attempts, and other forms of attempted fraud. Resources Mentioned on the Show:As Nationwide Fraud Looses Top $10 Billion in 2023 Identity Theft: 15 Ways to Protect Against Cyber Attacks If you enjoyed this episode, make sure to check out our latest podcast on Social Security: Will I Get It? Submit Your QuestionsTo submit a listener question, visit our website, https://www.retirementpowerhourpodcast.com, and enter the details of your …

Listen · 20:29
Social Security: Will You Get It? &Raquo; 60854458C4D1Acdf4E1C2F79C4137142D85D78E379Bdafbd69Bd34C85F5819Ad 6
Social Security: Will you get it?

In 10 years will you be able to rely on social security to be there for you? In this episode of the Retirement Power Hour, Joe Allaria, CFP ®, talks about if social security is going to pay out benef…

In 10 years will you…

In 10 years will you be able to rely on social security to be there for you? In this episode of the Retirement Power Hour, Joe Allaria, CFP ®, talks about if social security is going to pay out benefits in the future and a 6 part plan on how to fix social security.  If you enjoyed this episode, make sure to check out our latest podcast on 2024 Stock Market Predictions  Resources Mentioned on the Show:The Reformer: An interactive Tool to Fix Social Security Submit Your QuestionsTo submit a listener question, visit our website, https://www.retirementpowerhourpodcast.com, and enter the detai…

Listen · 17:52
2024 Stock Market Predictions &Raquo; 60854458C4D1Acdf4E1C2F79C4137142D85D78E379Bdafbd69Bd34C85F5819Ad 6
2024 Stock Market Predictions

Can we trust these large financial institutions that claim to know what the market is going to do? In this episode of the Retirement Power Hour, Joe Allaria, CFP ®, sits down with fellow financial ad…

Can we trust these l…

Can we trust these large financial institutions that claim to know what the market is going to do? In this episode of the Retirement Power Hour, Joe Allaria, CFP ®, sits down with fellow financial advisor, Jay Waters, to talk about what happened in 2023, what the “experts” say is going to happen in 2024, and why to think twice before listening to what these large financial institutions predict. If you enjoyed this episode, make sure to check out our latest podcast on How to Pay 0% in Capital Gains Tax.  Resources Mentioned on the Show:Europe Stocks End 2023 Up 12.64%, cnbc.com Current…

Listen · 27:43
How To Pay 0% In Capital Gains Tax &Raquo; 60854458C4D1Acdf4E1C2F79C4137142D85D78E379Bdafbd69Bd34C85F5819Ad 6
How to Pay 0% in Capital Gains Tax

Is it even possible to pay 0% in Capital Gains Tax? In this episode of the Retirement Power Hour, Joe Allaria, CFP®, explains 4 strategies to NOT pay any Capital Gains Tax, including gain harvesting,…

Is it even possible …

Is it even possible to pay 0% in Capital Gains Tax? In this episode of the Retirement Power Hour, Joe Allaria, CFP®, explains 4 strategies to NOT pay any Capital Gains Tax, including gain harvesting, donating appreciated shares of securities, tax-loss harvesting, and not selling at all (but instead leaving your shares to your heirs).If you enjoyed this episode, make sure to check out our last podcast on How to Not Fail at Retirement with Author Mike Drak. https://www.youtube.com/watch?v=XCc1uTayt5E&t=66s  Resources Mentioned on the Show:     -Smart Charitable Giving: How to Receive t…

Listen · 8:00
How To Not Fail At Retirement With Author Mike Drak &Raquo; 60854458C4D1Acdf4E1C2F79C4137142D85D78E379Bdafbd69Bd34C85F5819Ad 6
How to Not Fail at Retirement with Author Mike Drak

Most people are worried about having enough money saved for Retirement; but financial planning alone, without lifestyle planning, is a ticket to Retirement Hell. In this episode of The Retirement Powe…

Most people are worr…

Most people are worried about having enough money saved for Retirement; but financial planning alone, without lifestyle planning, is a ticket to Retirement Hell. In this episode of The Retirement Power Hour, Joe Allaria, CFP®, sits down with Author Mike Drak to discuss his book “Longevity Lifestyle by Design” and how to avoid failing at Retirement.  About Our Guest After a thirty-eight-year career within the financial services industry, Mike Drak experienced what he has now termed “Retirement shock”. As a result, Mike spent the next 6 years doing research about Retirement which res…

Listen · 27:52
Health, Fitness, And Wellness In Retirement &Raquo; 60854458C4D1Acdf4E1C2F79C4137142D85D78E379Bdafbd69Bd34C85F5819Ad 6
Health, Fitness, and Wellness in Retirement

Without your health how could you enjoy your Retirement? The time is now to invest in your health! In this episode, Joe Allaria, CFP®, gets the chance to sit down and talk with Dr. Tibor Kopjas and d…

Without your health …

Without your health how could you enjoy your Retirement? The time is now to invest in your health! In this episode, Joe Allaria, CFP®, gets the chance to sit down and talk with Dr. Tibor Kopjas and discuss ways to stay healthy, get fit, and feel great in Retirement. About Our GuestDr. Tibor Kopjas, a practitioner for over 30 years in Maryville, IL. He returned to his original vision of patient-focused healthcare in 2019 when he began partnering with MDVIP to prioritize personalized care.Resources MentionedMD VIP WebsiteDr.Kopjas.com Listener QuestionI was born in 1953.  I have been collecti…

Listen · 36:06
Travel In Retirement: Planning Your Dream Vacation &Raquo; 60854458C4D1Acdf4E1C2F79C4137142D85D78E379Bdafbd69Bd34C85F5819Ad 6
Travel in Retirement: Planning Your Dream Vacation

Travel is one of the most popular activities that retirees like to tackle after their working years. Whether traveling domestically or internationally, Retirement is a wonderful time to explore new pl…

Travel is one of the…

Travel is one of the most popular activities that retirees like to tackle after their working years. Whether traveling domestically or internationally, Retirement is a wonderful time to explore new places and to take your time while doing so. On this episode, Host Joe Allaria is joined by Travel Advisor and Founder of New View Travel, Janine Cartier to discuss how to plan your dream vacation in Retirement. SPOILER: It all starts with a solid plan. About Our GuestJanine Cartier is a Travel Advisor and the Founder of New View Travel. New View Travel is a luxury, boutique travel agency based in S…

Listen · 23:08
The Pitfalls Of Evaluating Rate Of Return &Raquo; 60854458C4D1Acdf4E1C2F79C4137142D85D78E379Bdafbd69Bd34C85F5819Ad 6
The Pitfalls of Evaluating Rate of Return

Do you have "good" investments? How do you know? What is a good rate of return? How much time do you need to evaluate if you own good investments? In this episode, Host Joe Allaria and Co-Host Jay Wat…

Do you have "good" i…

Do you have "good" investments? How do you know? What is a good rate of return? How much time do you need to evaluate if you own good investments? In this episode, Host Joe Allaria and Co-Host Jay Waters discuss the pitfalls the many investors fall into when they are evaluating their own investments, and how having the wrong perspective can lead you astray.  Listener QuestionWhat is a realistic rate of return expectation for a newly retired individual? Submit Your QuestionsTo submit a listener question, visit our website, https://www.retirementpowerhourpodcast.com , and enter the details of y…

Listen · 38:58
Annuity Pros, Cons, And What Are They Anyway? &Raquo; 60854458C4D1Acdf4E1C2F79C4137142D85D78E379Bdafbd69Bd34C85F5819Ad 6
Annuity Pros, Cons, and What Are They Anyway?

Annuities seem to have a negative connotation within the financial industry, but do they deserve it? Are annuities good or are they bad? Because there are so many different types of annuities, it&apos…

Annuities seem to ha…

Annuities seem to have a negative connotation within the financial industry, but do they deserve it? Are annuities good or are they bad? Because there are so many different types of annuities, it's hard to generalize that they are either good or bad. Each annuity should be evaluated independently based on each individual’s situation.On episode #19, host Joe Allaria is joined by Partner and Wealth Advisor of CarsonAllaria Wealth Management, Mark Allaria, CFP®, as the two discuss the pros and cons of annuities, as well as the different types out there. Listener QuestionWhat should I make…

Listen · 33:04
Social Security Spousal Planning Q&Amp;A &Raquo; 60854458C4D1Acdf4E1C2F79C4137142D85D78E379Bdafbd69Bd34C85F5819Ad 6
Social Security Spousal Planning Q&A

Social Security Filing strategies can get complex for couples, especially those with different ages. Can you start a spousal benefit, then switch to your own? Can you start your own benefit, then swit…

Social Security fili…

Social Security Filing strategies can get complex for couples, especially those with different ages. Can you start a spousal benefit, then switch to your own? Can you start your own benefit, then switch to a spousal benefit? What is a restricted application? Can I still file and suspend? So many questions and not enough answers. But, we're fixing that problem on this episode by answering several listener questions around this very topic. Click to listen as host Joe Allaria discusses Social Security Spousal Planning.Submit Your QuestionsTo submit a listener question, visit our website HER…

Listen · 28:21
2023 Stock Market Predictions, &Amp; Why You Should Ignore Them &Raquo; 60854458C4D1Acdf4E1C2F79C4137142D85D78E379Bdafbd69Bd34C85F5819Ad 6
2023 Stock Market Predictions, & Why You Should Ignore Them

It's that time of year again...when we see stock market predictions being released by financial institutions, fund managers, financial media personnel, and other financial “experts.” Most of …

It's that time …

It's that time of year again...when we see stock market predictions being released by financial institutions, fund managers, financial media personnel, and other financial “experts.” Most of these predictions end up being wildly inaccurate, yet they keep being made, and many keep listening.Click to listen as host Joe Allaria uncovers how these "experts" did on their 2022 predictions, and what they're saying about 2023.Listener QuestionWhat will the stock market do in 2023? We're talking about that for the whole show, so be sure to tune in! Submit Your QuestionsTo submit a l…

Listen · 24:16
Creating Your Retirement Identity W/ Wendy Green &Raquo; 60854458C4D1Acdf4E1C2F79C4137142D85D78E379Bdafbd69Bd34C85F5819Ad 6
Creating Your Retirement Identity w/ Wendy Green

In this episode, Host and CERTIFIED FINANCIAL PLANNER™ professional Joe Allaria is joined by Wendy Green, the Founder and Host of the "Hey, Boomer" podcast, and the two discuss Creating Your Retirem…

In this episode, Hos…

In this episode, Host and CERTIFIED FINANCIAL PLANNER™ professional Joe Allaria is joined by Wendy Green, the Founder and Host of the "Hey, Boomer" podcast, and the two discuss Creating Your Retirement Identity. Recent retirees can often find themselves in a Retirement identity crisis after using their title as a defining adjective for who they are for so many years and then having that title anymore. Tune in to hear more about different ways to frame your identity both prior to and during Retirement.Listener QuestionYou'll also hear an answer to Dale's question, which is regardin…

Listen · 33:18
Top 10 Myths Of Retirement (Part 2) &Raquo; 60854458C4D1Acdf4E1C2F79C4137142D85D78E379Bdafbd69Bd34C85F5819Ad 6
Top 10 Myths of Retirement (Part 2)

In this episode, Host and CERTIFIED FINANCIAL PLANNER™ professional Joe Allaria is joined by Co-Host Jay Waters, Wealth Advisor with CarsonAllaria Wealth Management, to discuss our Top 10 Retirement…

In this episode, Hos…

In this episode, Host and CERTIFIED FINANCIAL PLANNER™ professional Joe Allaria is joined by Co-Host Jay Waters, Wealth Advisor with CarsonAllaria Wealth Management, to discuss our Top 10 Retirement Myths that seem to be widely accepted amongst those in or near Retirement. In Part 2 of this two-part series, we cover the final five myths, including:Final 5 of the Top 10 Retirement MythsLong-term care is covered by Medicare.You can count on historical returns to repeat during Retirement.You will only live to age 80-85.You need an annuity if you’re retired.Retirement planning is all about mon…

Listen · 26:37
Top 10 Myths Of Retirement (Part 1) &Raquo; 60854458C4D1Acdf4E1C2F79C4137142D85D78E379Bdafbd69Bd34C85F5819Ad 6
Top 10 Myths of Retirement (Part 1)

In this episode, Host Joe Allaria is joined by Co-Host Jay Waters to discuss our Top 10 Retirement Myths that seem to be widely accepted amongst those in or near Retirement. In Part 1 of this two-part…

In this episode, Hos…

In this episode, Host Joe Allaria is joined by Co-Host Jay Waters to discuss our Top 10 Retirement Myths that seem to be widely accepted amongst those in or near Retirement. In Part 1 of this two-part series, we cover the first five myths, including:First 5 of the Top 10 Retirement MythsIf you reach a certain dollar amount (say $1M), you can safely retire. Your investments should be conservative in Retirement.You have to avoid market downturns when you’re retired. You need to have your mortgage paid off in order to retire. You will have a low marginal tax rate in Retirement.Resources Ment…

Listen · 33:07
13 Year-End Financial Strategies &Raquo; 60854458C4D1Acdf4E1C2F79C4137142D85D78E379Bdafbd69Bd34C85F5819Ad 6
13 Year-End Financial Strategies

On Episode 13, host Joe Allaria covers "13 Year-End Financial Strategies" to consider before we enter into 2023. Here are the 13 strategies with links to resources mentioned:Contribute to employer-spo…

On Episode 13, host …

On Episode 13, host Joe Allaria covers "13 Year-End Financial Strategies" to consider before we enter into 2023. Here are the 13 strategies with links to resources mentioned:Contribute to employer-sponsored Retirement plansContribute to a Health Savings Account (HSA)Spend the rest of Flex Spending Account (FSA)Make charitable contributions (with appreciated stock and/or donor advised funds)Bunch your medical expenses (if applicable)Tax-loss harvestingGain harvestingRoth IRA conversionsIRA contributions (deadline is April 18th, 2023)Consider a large business expenseDo a withholding analysis (es…

Listen · 28:56
Social Security Loopholes (Mini Episode) &Raquo; 60854458C4D1Acdf4E1C2F79C4137142D85D78E379Bdafbd69Bd34C85F5819Ad 6
Social Security Loopholes (mini episode)

The Bipartisan Budget Act of 2015 made what some would consider significant changes to a few key Social Security Filing strategies. Specifically, the legislation removed some well-known Social Securit…

The Bipartisan Budge…

The Bipartisan Budget Act of 2015 made what some would consider significant changes to a few key Social Security Filing strategies. Specifically, the legislation removed some well-known Social Security loopholes that were used by many to increase spousal benefits. But, one of those loopholes was phased out over time, which means it could still be used by some. Listen in to hear more about the restricted Filing strategy, which could be used if one spouse was born in 1953 or earlier, and if the other spouse is already receiving Social Security. But, this loophole is closing quickly, so tune in t…

Listen · 10:03
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