Plan Wise. Retire Free. Podcast.
When it comes to financial planning, everybody has some kind of pain point. Those pain points are different for each person, but everyone has something that bothers them. Mike and Jude tell us about some times where they’ve helped clients through these frustrating areas.
Jude and Mike take on various email questions from around the Orlando area. They’ll discuss the pros and cons of paying off the house versus continuing to take a tax deduction, as well as what to do if you’ve maxed out your 401(k) contributions. And finally, you’ll hear about some of Jude and Mike’s favorite books on retirement and financial planning.
Any advisor worth his or her salt is going to have a conversation with you about risk. But what in the world is “risk tolerance”? It’s a buzzword that gets used a lot in meetings with financial advisors, but we’ve found that a lot of people don’t have a great understanding of how their risk tolerance truly impacts their financial and retirement plans. Let’s fix that and give you the 411 on risk tolerance.
Believe it or not, financial planning isn’t all about math and logic. There are times when it’s important to factor in how you feel about certain things. Let’s cover some of the times where it’s OK to let your emotions and feelings enter the financial equation.
Depending on who you ask, you could get very different answers to some of retirement planning’s most important questions. Let’s see where our opinions all stand on issues like insurance, mutual funds and annuities. And we’ll try to answer why there are so many different opinions on these concepts.
An early retirement sounds fantastic to most people. Who wouldn’t want to kick off the extra travel, less stress and more freedom that retirement can often bring a little earlier than planned? However, a lot of people don’t realize the additional complications presented when you retire early. Let’s tackle what early retirement means for most people and how you can put together a realistic plan to execute it if it’s the right decision for you.
There’s a lot more to retirement planning than just picking investments. Is your advisor helping you navigate all the other essential areas?
We’ve got a collection of questions for our very first mailbag episode. Barry wants to know how to deal with future nursing home costs. Shayla would like to know how the recent tax code changes could affect financial planning. Finally, Steve asks if it’s short-sighted to only have an interest in saving money you already have.
In retirement planning, there are many things that are completely out of your control. Fortunately, the things that you can control allow you to deal with those things you can’t.
Do you ever look at your tax return and wish you could turn back the clock to implement some money-saving strategies BEFORE it was too late? 25 year CPA Neil Narveson shares some great ideas you can put into play before the year end that might save you some money come tax time! Air date:
How is the tax system set up and what’s the best way to save money on taxes? What will change if the proposed tax overhaul gets passed? Sandy Botkin, CPA, Attorney, Author, and CEO of the Tax Reduction Institute answers all these questions and more! Air date: 2017-12-11
If you tell a car salesman exactly what you want, you probably won’t get a discount because he knows you’re not shopping around. Did you know that colleges are the same way? Educational Consultant Coy Howe reveals insider secrets to college admissions, and how you can get on the right track to finding the best