Your Money, Your Wealth

Your Money, Your Wealth
Retirement planning, investing, and tax reduction made fun

Backdoor Roth Conversions and Investing for Kids - 293
Sep 29 • 45 min
Are you screwing up your Backdoor Roth IRA conversion? Find out. Plus, tax on mega-Backdoor Roth conversions, Medicaid spend-down rules and your Roth IRA, and Joe and Big Al take a burning confession about Roth conversions and IRS form 8606. Also, more on…
Will Estate Tax Law Changes Affect Your Family Financial Plan? - 292
Sep 22 • 52 min
How might Biden’s or Trump’s changes to the lifetime estate tax exemption impact your estate plan? Plus, is there any reason to have pre-tax retirement accounts? How long does money have to be in a traditional IRA before a backdoor Roth conversion? Can…
Roth Conversions, Annuities and Inherited IRAs - 291
Sep 15 • 43 min
When your traditional IRA is growing faster than you can convert to Roth, consolidating retirement savings, annuities, the SECURE Act and inherited IRAs, undoing SEP-IRA contributions, Roth conversions after age 72, offsetting conversion gains against…
Market Timing and Day Trading in a Roth IRA? - 290
Sep 8 • 47 min
Is timing the market and day trading in your Roth IRA in retirement a good idea? How are you taxed if you collect dividends vs. reinvesting? Plus, tax loss harvesting, asset allocation, investing in bonds, Windfall Elimination Provision (WEP) and…
Backdoor Roth IRA Conversions, Stimulus and Self-Employed Retirement -289
Sep 1 • 48 min
How do you report a backdoor Roth IRA conversion over two tax years, and is there a point at which the backdoor Roth doesn’t make sense? Plus, more strategizing for your Coronavirus related distribution, stimulus (and possible future stimulus) tax…
YMYW Spitball Analysis 2: Retirement and Social Security - 288
Aug 25 • 44 min
The YMYW Retirement Plan Spitball Analysis was so popular that it’s time for part 2! Where do Roth IRA conversions, primary residences, and rental real estate investment properties fit in your retirement plan? How much Social Security is taxed, and will…
Roth Conversion Tax Planning Strategies and Annuities - 287
Aug 18 • 43 min
Tax planning for Roth IRA conversions with itemized deductions, dividends, and long term capital gains, a Roth conversion vs. investing a 401(k) distribution in your Roth, separating pre-tax and post-tax money for a rollover, and gong baths. Plus, is a 3…
Dividend-Paying Stocks and Investing Strategies at All Ages - 286
Aug 11 • 47 min
Investing strategies for dividend-paying stocks and how the pro-rata rule for Roth conversions work with dividends. Plus, Wealthfront, M1, Paul Merriman? Should young investors use a robo-advisor or pay for financial advice? Also, thoughts on a Vanguard…
New Stimulus Check & Coronavirus Relief Package On the Way? - 285
Aug 4 • 42 min
With CARES Act provisions expiring, Joe & Big Al recap the two new stimulus bills - the HEALS Act and the HEROES Act - now being negotiated in Congress. Plus, estate planning considerations when it comes to required minimum distributions (RMDs) for…
What Is Your Retirement Number? YMYW Spitball Retirement Analysis - 284
Jul 28 • 47 min
Joe and Big Al spitball retirement plan considerations, including: - investing in brokerage and Roth instead of pre-tax - getting tax diversification - pension lump sum or annuity - paying for education - calculating a retirement number to put savings on…
Tax Gain Harvesting, Active vs. Passive Investments… and Roth Conversions - 283
Jul 21 • 51 min
Should you tax gain harvest or do a Roth IRA conversion? Should active or passive investments go in retirement accounts? If you’re on the younger side, why own bonds? Are Vanguard Roth accounts any better or worse than others? What’s the break even on…
How to Do a Roth Conversion and Pay Taxes On It - 282
Jul 14 • 44 min
Do you have to transfer from a 401(k) to a traditional IRA before you do a Roth IRA conversion? Does the pro-rata rule apply? Also, the logistics of paying the tax on a Roth conversion. Plus, stimulus package updates around paycheck protection program…
Will These Three Things Affect Your Social Security? - 281
Jul 7 • 47 min
What impact do ex-spouses, income, and early retirement have on collecting your Social Security benefits? Plus, indexed universal life insurance, estate planning with a step-up in basis on private placement real estate, and more on CRDs, RMDs, and…
Are These Retirement Investment Strategies On Track? - 280
Jun 30 • 44 min
Joe and Big Al take a look at an investing strategy a listener set up for his parents, and they run the numbers on their variable annuity. They also kick the tires on an early retirement plan and they discuss equity allocations in a portfolio. And since…
Real Estate, Roth Conversions, and Social Security - 279
Jun 23 • 42 min
Reducing real estate taxes, leveraging new rental income properties, coordinating Social Security benefits with Roth conversions, and bragging about your 401(k) balance. Also, 5-year Roth clocks, converting from your TSP, Roth conversion vs. Backdoor Roth…
Can You Do a Coronavirus-Related Distribution to Roth Conversion? - 278
Jun 16 • 47 min
Is it possible to do a Roth IRA conversion with a Coronavirus-Related Distribution from your retirement accounts? Joe and Big Al will explain whether you can, and if you should. Plus, more stimulus payment questions, charitable giving strategies from your…
Roth IRA Conversion and Contribution Rules - 277
Jun 9 • 53 min
Roth IRA contributions and conversions come with plenty of rules: withdrawal rules, safe harbor rules, pro-rata and aggregation rules. In this episode, we explain how they apply to both traditional retirement plans and SEP IRAs and thrift savings plans…
Pre-Tax or Roth Contributions for Retirement Savings? - 276
Jun 2 • 45 min
Should market volatility and the economic downturn due to COVID-19 change where you save for retirement? Should contributions go to pre-tax accounts or to post-tax Roth accounts? Plus, Coronavirus related distributions, how to use a PPP loan to pay your…
Social Security WEP, GPO & Roth IRA Conversion Strategies - 275
May 26 • 48 min
The windfall elimination provision (WEP), government pension offset (GPO) & spousal Social Security benefits. Also, Roth IRA conversions and Medicare, Roth conversions from a thrift savings plan (TSP), and conversions to buy real estate. Plus, asset…
CARES Act: Distributions, RMDs & Dependents - 274
May 19 • 45 min
Financial planning strategies around Coronavirus-Related Distributions from retirement accounts and required minimum distributions (RMDs). Plus, listener corrections on dependents and the CARES Act stimulus package. Also, two market volatility strategies:…
Real Estate, Roth Conversions & Annuities - 273
May 12 • 43 min
A mixed bag of questions on everything from spousal solo 401(k) contributions and renaming inherited IRAs to real estate buying strategies (should you cash out the 401(k) to buy a house?) and a perennial fan-favorite, ripping on annuities. Plus a healthy…
Asset Location: Where Should You Hold Retirement Investments? - 272
May 5 • 41 min
What types of investments you keep in your taxable, tax-deferred and tax-free accounts can play a big part in how much tax you pay over time. In this episode, Joe and Big Al break down asset location and answer some of your tax planning questions. As…
4 Financial Strategies from the Stimulus Package - 271
Apr 28 • 48 min
In this jam-packed episode of the Your Money, Your Wealth® podcast, stimulus payments for self-employed, dependents, and those who message us on Facebook, plus, the paycheck protection program, round two of which started since this episode was recorded,…
In Market Volatility, Beware of Annuity Pitches - 270
Apr 21 • 46 min
In these volatile markets, pitches for fixed indexed annuities will be on the upswing. Here’s how to analyze them for yourself. Plus, CARES Act stimulus payments for kids, retirement account distributions, and rethinking your retirement savings strategy.…
Revisiting Roth IRA Conversion Strategies - 269
Apr 14 • 45 min
Roth IRA conversion pro-rata rule considerations with RMDs on an inherited IRA, tax bracket planning to account for the loss of a spouse, and the state income tax impact on Roth conversions. Plus, earnings on a reversed excess IRA contribution, how…
CARES Act: What’s in the Coronavirus Stimulus Package - 268
Apr 7 • 46 min
Recovery rebates, new rules for retirement account distributions, stimulus checks for those on Social Security & unemployment benefits. Plus, should a listener invest his forbearance, buy foreclosures, and capitalize on the financial crisis? We also get…
Analyzing 5 Investing Strategies for Volatile Markets - 267
Mar 31 • 43 min
In these volatile financial markets, are you reconsidering your investing strategies? Joe and Big Al discuss cash, selling stocks in taxable accounts and repurchasing them in tax-deferred accounts, doing nothing and staying globally diversified, writing…
Tax Brackets Explained: How Much Are You Really Paying in Taxes? - 266
Mar 24 • 53 min
If you’re in the 22% tax bracket, does 22% of what you make go to the IRS? How does capital gains tax work with ordinary income tax? Joe & Big Al explain how tax brackets work and answer your Roth contribution and Roth conversion questions: like what’s…
Bear Market Investing Strategies and Revisiting the 5-Year Roth IRA Withdrawal Rules - 265
Mar 17 • 50 min
Tax loss harvesting, Roth conversions and more: Joe and Big Al explain how bear markets like the one we’re in now are the time to utilize these investing strategies in your retirement portfolio. And the fellas go over those Roth IRA 5-year withdrawal…
How Much of Your Net Worth Should Be in Cash? - 264
Mar 10 • 48 min
How much of your money should you keep in cash? Should you buy VBK, the Vanguard Small-Cap Growth ETF? Plus, asset allocation and asset location, the pros and cons of the Roth 401(k), Medicare, spousal and survivor Social Security benefits, tax-saving…
7 Roth Conversion Strategies - 263
Mar 3 • 34 min
When to do a Roth IRA conversion, the pro-rata & aggregation rules, spousal conversions, Roth contributions & more. Send in money questions, read the transcript & access free financial resources:
What’s the Right Retirement Asset Allocation for You? - 262
Feb 25 • 46 min
With volatility, should you time the market and change the asset allocation of your investment portfolio, your pension, or your Thrift Savings Plan (TSP)? Plus, asset location: should equities be in a brokerage account, Roth IRA or traditional IRA? And…
Real Estate Investing: How to Find Bread & Butter Rental Properties - 261
Feb 18 • 48 min
How do you run the numbers to find a good, profitable rental property? Should you pay off the mortgage, buy more real estate, or save for retirement? Should you buy a home all cash? Can a property be considered a rental for tax purposes? Should you…
When is the Tax Deadline for a Roth Conversion? - 260
Feb 11 • 41 min
As Tax Day approaches, you’ve got taxes on your mind. When do you have to pay tax on a Roth IRA conversion? Is converting beyond the current tax bracket ever recommended? Plus, answers to more of your SECURE Act retirement questions on IRA contributions…
“Collect Social Security at Age 70” is Common Advice. Why? - 259
Feb 4 • 42 min
We address a challenge to the advice to wait until age 70 to take Social Security and we tackle your questions on making the most of your benefits, what happened to annual projections for those on restricted applications, using a revocable trust to…
International Funds, Safe Investments, 1031 Exchange: Email Round-Up - 258
Jan 28 • 46 min
How to choose international funds in a diversified portfolio, a momentum investing strategy called The 12% Solution, and safe retirement investments like CDs and bonds. Plus Joe and Big Al touch on real estate investing with 1031 exchanges and qualified…
Why Not Just Go All in On VTSAX, Vanguard’s Total Stock Market Index Fund? - 257
Jan 21 • 49 min
The Vanguard Total Stock Market Index Fund (VTSAX) comes very highly recommended by JL Collins in his book, The Simple Path to Wealth. So why not put all your money into it? Plus, Joe & Big Al answer your questions on the 4% rule for retirement…
Your SECURE Act Retirement Questions Answered - 256
Jan 14 • 35 min
Joe and Big Al tackle your SECURE Act retirement planning questions: how minors can distribute inherited IRAs, whether a trust should be your IRA beneficiary, and what effect the new law has on required minimum distributions, or RMDs, and qualified…
Breaking Down the Confusing 5-Year Roth Clock Rules - 255
Jan 7 • 55 min
Joe & Big Al explain, once and for all, the 5-year clocks for Roth conversions and Roth contributions and pro-rata rules. (Well, *hopefully* it’ll all make more sense to you by the time they get through it. If not, let us know.) We’ll also find out what…
Roth Conversions from a Thrift Savings Plan TSP? - 254
Dec 31, 2019 • 49 min
The thrift savings plan (TSP) explained, and the rules around Roth conversions from TSPs. Plus, answers your questions about age limits on making Roth conversions, backdoor Roth conversions, Roth contribution phase-outs and recharacterizations, and the…
Rules for Your Retirement Savings and Distributions Are Changing - 253
Dec 24, 2019 • 40 min
Just in time for the holidays, the Setting Every Community Up for Retirement Enhancement Act, or SECURE Act, has been made law, effective January 1, 2020. Joe and Big Al explain what it means for your stretch IRAs, required minimum distributions,…
Strategies for Social Security, Annuities, and Inherited Assets - 252
Dec 17, 2019 • 46 min
Coordinating Social Security benefits with Roth contributions and required minimum distributions, weighing the Social Security restricted application against survivor benefits, the Windfall Elimination provision for teachers, whether to take RMDs from a…
Should You Convert to Roth IRA All at Once or Over Time? - 251
Dec 10, 2019 • 37 min
How much of a Roth conversion should you do and when? Joe and Big Al explain the reasoning behind their answer to this common retirement investing question. Plus, converting from a thrift savings plan (TSP) to a Roth, limits when contributing to…
Tanja Hester on the Flexibility of Financial Independence - 250
Dec 3, 2019 • 45 min
Tanja Hester (called the Matriarch of the women’s FIRE movement by the New York Times) discusses the value of our time, its connection to our money, and the options financial independence provides for a life well-lived. Plus, Joe & Big Al answer questions…
What’s the Break-Even on a Retirement Roth IRA Conversion? - 249
Nov 26, 2019 • 49 min
How do you figure out the break-even point on a Roth IRA conversion? Joe and Big Al discuss whether to convert, how much to convert, and when. Plus, the step-up in basis on a primary residence, self-employed small business retirement plan options, the…
Is a Roth Conversion Affected By Social Security? - 248
Nov 19, 2019 • 43 min
Will a Roth IRA conversion be impacted by your Social Security benefit or vice versa? Plus, today we’re talking Social Security spousal and survivor benefits, Roth IRA conversions, earned income, ordinary income, modified adjusted gross income, and…
How to Talk to Mom & Dad About Their Money - 247
Nov 12, 2019 • 50 min
Cameron Huddleston discusses her book, Mom and Dad, We Need to Talk: How to Have Essential Conversations With Your Parents About Their Finances. Plus, should you invest more aggressively through retirement? Which money should you spend before taking…
Why This Life Insurance Is for the Most Part a Scam - 246
Nov 5, 2019 • 46 min
We tackle Indexed Universal Life Insurance one more time. And you may have heard that millionaires “buy term and invest the rest” to pay estate taxes, but is it a good idea? When you have appreciated company stock, how much should you “NUA” and when, and…
Is It Time to Fire Your Financial Advisor? - 245
Oct 29, 2019 • 46 min
Should you stay or should you go? Joe and Big Al weigh in on whether a couple of listeners who are dissatisfied with their financial advisors should ditch or keep the advisors. Plus, how should you choose investments in your 401(k)? Is it a good idea to…
5 Unique Social Security Questions Answered - 244
Oct 22, 2019 • 50 min
Social Security strategies if you are married to a younger spouse and have a minor child, affected by the windfall elimination provision, thinking of divorce for a better benefit, or unsure of the restricted application. Should you spend your 401(k)…
The Truth About Indexed Universal Life Insurance - 243
Oct 15, 2019 • 42 min
Is indexed universal life insurance good for estate planning, investing or as a tax shelter for high-income earners? Should you pay down debt or save if you only have $100K saved for retirement at age 66? Should extra money be invested in your 457 or…
Investing the Money from a Real Estate Sale - 242
Oct 8, 2019 • 45 min
You’ve sold your primary residence or your rental property. How should you invest real estate proceeds for retirement? When do Joe and Big Al say you shouldn’t do a Roth conversion? What’s the math on federal vs state taxes when doing a Roth conversion if…
Answers to Your Top Roth Conversion Questions - 241
Oct 1, 2019 • 46 min
Your Roth IRA questions answered: when should you do a Roth conversion, now or in retirement? What kind of income is it? How do you convert slowly so the taxes don’t hurt? How long do you have to work before contributing to a Roth? Does the 5-year rule…
How to Choose Your Own Financial Independence Adventure - 240
Sep 24, 2019 • 50 min
Choose FI: Your Blueprint to Financial Independence authors Chris Mamula, Brad Barrett & Jonathan Mendonsa share principles that can change your life and your idea of retirement. Plus, answers to your financial independence retire early questions on…
How Should You Invest? As Always, It Depends - 239
Sep 17, 2019 • 45 min
This week’s questions all revolve around what to do with your money - and everyone’s circumstances are different. What to do with a 401(k) after you retire and don’t really need the money just yet? What to do with cash in savings? Is the Papa Bear…
Roth Conversions, Life Insurance & More: Email Round-Up - 238
Sep 10, 2019 • 49 min
An entire episode dedicated to money questions that run the gamut: we’re talking about using indexed universal life insurance to insure future income, buying mutual funds or ETFs in an IRA, Roth contributions and conversions, changes to the thrift savings…
Mad at the Roller Coaster? Then You Don’t Understand the Ride - 237
Sep 3, 2019 • 50 min
Back to investing basics: what makes for a wise investing philosophy while on the market volatility roller coaster? How do you find a financial fiduciary? How do you avoid people with bad financial intentions? What is a good investment policy statement?…
How Much Can You Spend When You’re On FIRE? - 236
Aug 27, 2019 • 48 min
What’s a safe withdrawal rate from your investment portfolio when that money has to last 50 or 60 years because you’re part of the FIRE (financial independence/retire early) movement? Karsten Jeske, Ph.D., CFA, aka “Big Ern” from…
Recession and the Inverted Yield Curve - 235
Aug 20, 2019 • 49 min
An inverted yield curve has often led to recession. Pure Financial Advisors’ Director of Research, Brian Perry, CFP®, CFA, discusses the current state of the markets and he helps answer some questions from our 2019 YMYW podcast survey: are structured…
Tax Postcard, Stretch IRAs & Life Insurance for Education - 234
Aug 13, 2019 • 46 min
ENTER TO WIN A $100 AMAZON GIFT CARD! US residents, fill out our survey by 8/18: The revamped 2019 tax “postcard,” how the SECURE Act could be a tax issue for IRA trusts, and is indexed universal life insurance a…
Using Alternative Investments to Boost Portfolio Returns? - 233
Aug 6, 2019 • 48 min
Private equity, venture capital, hedge funds, real estate investment trusts (REITs) and angel investing: Joe breaks down what these alternative investments are and whether they belong in your portfolio. Plus, the fellas talk about risk parity investing,…
Time to Dial Down Risk and Do a Roth Conversion? - 232
Jul 30, 2019 • 45 min
Jonathan Clements (founder,, former Wall Street Journal personal finance writer) on portfolio rebalancing, reducing risk and doing a Roth conversion. Plus, Joe and Big Al answer your money questions: when is the best time to get into the…
Appreciate How Good the Economy is Now - 231
Jul 23, 2019 • 54 min
According to Dr. Chris Thornberg of Beacon Economics, the US economy and real estate market are currently extremely healthy, so we should appreciate it and focus now on fixing the retirement crisis we’re facing in 10-15 years. Plus, Joe and Big Al answer…
The Effect of the Media on Financial Markets - 230
Jul 16, 2019 • 46 min
Does the media impact financial markets and the economy? Oliver Renick (TD Ameritrade Network) has ideas on how we can best make use of what the media tells us about the financial world. Plus, where should bonds be allocated to lessen the tax burden?…
Strategies for Social Security, Gifting, and Estimated Taxes - 229
Jul 9, 2019 • 44 min
Joe Anderson, CFP® and Big Al Clopine, CPA answer your questions on Social Security disability, the file and suspend strategy, IRA contributions and Roth conversions, estimated tax, estate tax, gift tax, Social Security tax, the qualified business income…
Liz Ann Sonders: Investing in the Face of Recession - 228
Jul 2, 2019 • 47 min
“If we’re heading to a recession, we’re already in it.” Liz Ann Sonders (Chief Investment Strategist, Charles Schwab & Co.) shares her mid-year market insights and provides strategies for removing the emotion from investing, regardless of market…
This Retiree Helps Golfers Reach the Big Time - 227
Jun 25, 2019 • 40 min
Rick Durso tells us what his retirement hustle is like as a caddy for the Symetra golf tour, helping golfers make it to the Ladies Professional Golf Association (LPGA). Plus, Joe and Big Al answer your money questions about Roth conversions, solo 401(k)…
Medicare Beginner’s Guide: What You Need to Know Now - 226
Jun 18, 2019 • 33 min
Danielle Kunkle Roberts of on Medicare basics, parts A to D, signing up, common mistakes, Medigap vs. Medicare Advantage, recent improvements to Medicare, and the future: will Medicare For All or Medicare At 50 become reality? Plus, Joe…
Real Estate Investing: Should You Buy Raw Land? - 225
Jun 11, 2019 • 33 min
The Land Geek Mark Podolsky shares his method for turning unwanted dirt and “rock farms” (aka raw land) into cash. Plus, can you aggregate rental properties into an LLC to take advantage of the qualified business income deduction? And can you avoid state…
New Retirement Legislation: Death to the Stretch IRA? - 224
Jun 4, 2019 • 38 min
Prof. Jamie Hopkins (Carson Wealth & Heider School of Business/Creighton University) talks about impacts the SECURE Act could have on retirement planning - particularly the end of the stretch IRA provision, which allows inherited individual retirement…
Financial Independence Retire Early Hits the Big Screen - 223
May 28, 2019 • 50 min
Travis Shakespeare, Director and Executive Producer of Playing with FIRE, talks about making the first-ever documentary about the Financial Independence / Retire Early or FIRE movement. Plus, Joe and Big Al answer your rental real estate investing…
How to Be Like the Millionaire Next Door - 222
May 21, 2019 • 44 min
Dr. Sarah Stanley Fallaw (co-author, The Next Millionaire Next Door) shares her research into how millionaires become wealthy, and what has changed since her father, Thomas J. Stanley, wrote his groundbreaking book The Millionaire Next Door in 1996. Plus,…
How to Hedge Risk From the Brothel to the Surfboard - 221
May 14, 2019 • 44 min
Economist Dr. Allison Schrager, the author of An Economist Walks Into a Brothel, explains how the risk management techniques of surfers, prostitutes, magicians, and soldiers might relate to our own investing and retirement planning. Plus, stocks or bonds…
Social Security, TSP Changes, & Maintaining Your Tax Bracket - 220
May 7, 2019 • 47 min
Joe & Big Al answer your questions: from filed-and-suspended Social Security, living off of your investments overseas before taking Social Security, and transitioning from disability to regular Social Security, to how the sale of appreciated company stock…
Standup Comedy: Gid Pool’s Retirement Hustle - 219
Apr 30, 2019 • 51 min
Gid Pool took a standup comedy class 13 years ago at age 61. He shares the story of his retirement hustle traveling the US and 50+ countries as a standup comic, inspirational speaker, and the author of Act II and Beyond. Plus, Joe & Big Al follow-up on…
3 Ways to Turn Your Financial Negatives Into Positives - 218
Apr 23, 2019 • 54 min
Author and journalist Kristin Wong talks about relationships and money and how communication, specificity, and gamification can improve your financial life. Joe and Big Al answer money questions: should you increase your Roth 457 contribution when your…
How to Use Rental Real Estate to Build Legacy Wealth - 217
Apr 16, 2019 • 48 min
Top apartment broker Terry Moore, CCIM talks about using rental real estate not just to build wealth, but also to create a life worth imitating. Joe and Big Al answer your questions: can excess scholarship money be contributed to a Roth IRA? Will stock…
Here’s What to Do When You’re a Victim of Debit Card Fraud - 216
Apr 9, 2019 • 40 min
Ashley Patrick (fmr. police detective & creator, on how debit card fraud happens and what to do when your ATM card is compromised. Plus, Joe & Big Al answer your questions: how do you determine a pre-tax to Roth savings ratio? Are…
Will Trump’s Latest Proposals Reduce Student Loan Debt? - 215
Apr 2, 2019 • 48 min
David Carlson (author, Student Loan Solution) discusses the student loan debt crisis and President Donald Trump’s plan to fix it, and Joe and Big Al answer listeners questions about contributing to a retirement plan without an employer match, doing…
The Real Keys to Being Rich and Truly Wealthy - 214
Mar 26, 2019 • 44 min
Brian Portnoy, Ph.D., CFA® on the difference between being rich and wealthy, and how to achieve both. Plus, what about tax brackets? Joe and Big Al respond to a challenge of their critique of Ric Edelman’s critique of the Roth IRA. And they answer…
Social Security Changes in 2019 - 213
Mar 19, 2019 • 42 min
Joe and Big Al discuss 7 changes to your Social Security for 2019. No, wait, six changes. Well actually, it’s more like 5 changes and a useful tidbit. Plus, when to claim your spousal benefit, whether to buy long-term care insurance or self-insure, how to…
Problems With the Arguments Against Roth IRAs - 212
Mar 12, 2019 • 37 min
Ric Edelman has some strong arguments against the Roth IRA. Joe & Big Al, aka “The Roth Brothers,” offer their thoughts. Plus, understanding basis when it comes to Roth conversions. And what happens if you’ve already contributed, but by the end of the…
Retire Early Without Pinching Pennies - 211
Mar 5, 2019 • 45 min
Tanja Hester (, award-winning financial independence blog) talks about her new book, Work Optional: Retire Early the Non-Penny-Pinching Way. Joe and Big Al answer questions about whether kids will inherit a Roth IRA tax-free, the rules…
“Hold It” Until You’re Purple to be a Better Investor - 210
Feb 26, 2019 • 47 min
Behavioral finance expert Dr. Daniel Crosby talks about his latest book, The Behavioral Investor and cracks us up with stories of how “having to go” and other physiological, sociological, and psychological factors influence our investing choices. Plus,…
Are These Two Funds the Only Ones You Need for Life? - 209
Feb 19, 2019 • 41 min
Nationally recognized investing expert Paul Merriman makes the case that owning just two funds for life is a “home-run” investing strategy for some investors. Plus, Joe & Big Al answer your questions: how should teachers and others with no Social Security…
Spousal Social Security Claiming Strategies You Need to Know - 208
Feb 12, 2019 • 44 min
Did you know there are over 2,700 rules governing your Social Security benefits? File and suspend vs restricted claim… the list goes on! Mary Beth Franklin (InvestmentNews contributing editor, “The Goddess of Social Security”) goes deep on spousal Social…
This Myth is the #1 Barrier to Financial Freedom - 207
Feb 5, 2019 • 50 min
Grant Sabatier (author, Financial Freedom) share some of the steps that led him from $2.26 in the bank to over $1M in just 5 years, and the myth that he believes is the #1 barrier keeping the rest of us from achieving the same thing. Plus, Senator…
How to Avoid the Five Horsemen of the Retirement Apocalypse - 206
Jan 29, 2019 • 43 min
Larry Swedroe (Buckingham) talks about his book, Your Complete Guide to a Successful and Secure Retirement, the two biggest retirement mistakes, and what Larry calls the five horsemen of the retirement apocalypse. Plus, is there a way to consolidate your…
5 Key Attributes That Make Millionaires Successful - 205
Jan 22, 2019 • 38 min
Chris Hogan talks about his book Everyday Millionaires. Joe and Big Al answer your money questions: do the stretch IRA rules apply to 401(k)s? Do you need to get an annual property appraisal if you own real estate in a self-directed IRA? And what is the…
Liz Ann Sonders: Recession Inevitable, the Question is When? - 204
Jan 15, 2019 • 44 min
Liz Ann Sonders (Charles Schwab) on the market in 2018, her outlook for 2019, the causes of recent volatility, the Fed funds rate, the possibility of a recession in 2019, and what investors should do now. Plus, Joe and Big Al answer your money questions:…
Sex and Immigration: How Do They Affect Social Security? - 203
Jan 8, 2019 • 41 min
Devin Carroll (Big Picture Retirement podcast, Social Security Intelligence blog) explains how sex could save Social Security and the surprising effect that immigration has on your benefits. Joe and Big Al answer your questions: How should I diversify…
4 Simple Ways to Keep Your New Year’s Resolutions - 202
Jan 1, 2019 • 41 min
Marcus Garrett from Paychecks and Balances and author of Debt Free or Die Trying: How I Buried Myself in Over $30,000 in Debt and Dug My Way Out by Age 30 tells us the four simple actions he takes to make his New Years resolutions stick. Plus, Joe and Big…
7 Benefits of the Federal Reserve Interest Rate Hikes - 201
Dec 26, 2018 • 56 min
What do the increases in the Federal Reserve interest rates mean for the economy and our portfolios - and how can we benefit from the rate hikes? Lindsey Stanberry dishes about Refinery29 Money Diaries. Joe and Big Al answer your money questions on state…
How to Avoid the Top 8 Holiday Scams of 2018 - 200
Dec 18, 2018 • 53 min
Julia Wang from tells us which holiday scams are all the rage this season - and how to be smarter than the scammers. Joe and Al answer questions about Roth conversions, Medicare premiums, RMDs, and taxes, doing a 1031 exchange for rental…
How to Use Leverage to Reduce Risk and Increase Returns - 199
Dec 11, 2018 • 41 min
Todd Tresidder of shares the surprising ways to reduce risk and increase returns as outlined in his new book, The Leverage Equation: How to Work Less, Make More, and Cut 30 Years off Your Retirement Plan. Joe and Big Al answer your…
7 Tips and Financial Benefits for Military Families - 198
Dec 4, 2018 • 48 min
Ellie Kay and Bethany Bayless (Heroes at Home, The Money Millhouse podcast) share financial challenges America’s military families face, and some tips and benefits to help them make the most of their money. Joe & Al answer: when should you claim Social…
Mobile Home Parks: Is This Undiscovered Real Estate Investment Right For You? - 197
Nov 27, 2018 • 39 min
Jefferson Lilly from Park Avenue Partners and the Mobile Home Park Investors podcast and LinkedIn group on why he thinks mobile home parks are the best real estate investment available. Plus, answers to your money questions on investing in natural…
Living Beyond Your Means Now? You’ll Live Beneath Your Means In the Future - 196
Nov 20, 2018 • 50 min
JP Morgan Chief Global Strategist Dr. David Kelly discusses the current state of the markets, his 2019 economic predictions and his opinions on various asset classes. What does all of this mean for the average investor and how should we be invested now?…
Do These 9 Simple Things to Improve Your Retirement - 195
Nov 13, 2018 • 35 min
Dr. Stephen Wendel, Head of Behavioral Science at Morningstar, talks about 9 actions we can take to create a better retirement. Plus, how companies helped get out the vote for the midterm elections and some market movers and shakers. And answers to your…
Apple, Spotify and RMDs Feeling Volatile Markets - 194
Nov 6, 2018 • 48 min
How the most volatile month of the year affected Spotify and Apple, and how to avoid volatile markets and sequence of returns risk affecting your required minimum distributions. Plus, should a self-employed small business owner contribute to a solo Roth…
Why Market Corrections Are a Good Thing - 193
Oct 30, 2018 • 46 min
The market has been in correction territory more than once over the past week, and Joe and Big Al explain why that’s a good thing. Plus, is the three bucket investing and withdrawal strategy good for large portfolios? What’s the real value of your net…
Jean Chatzky on the Big Shift to Women in Financial Power - 192
Oct 23, 2018 • 43 min
Jean Chatzky (NBC’s Today Show) talks about, giving women the confidence to lead the charge into the financial future. Plus, what women get wrong about money, how automation can help our health and wealth, and why the gig economy isn’t…
Tempted to Panic and Sell? Do These 3 Things Instead - 191
Oct 16, 2018 • 56 min
Brian Perry and Larry Swedroe on market volatility, whether, as President Donald Trump said, the Fed is crazy, and what 3 things you should do next to be like the greatest investor of all time, Warren Buffett. Plus, can you roll a 401(k) into a home…
4 Roth Conversion Options for Tax-Free Portfolio Growth - 190
Oct 9, 2018 • 38 min
Trump tax cuts are slated to sunset in 2025, but the House has passed the GOP bill to make them permanent. Are life insurance settlements or “death bonds” a solution to senior bankruptcies? Four different Roth conversion options, with a caveat. And…
IRA Basics: What You Need to Know About Individual Retirement Accounts - 189
Oct 2, 2018 • 40 min
How much do you know about the individual retirement account, also known as an IRA? In today’s podcast, the basics: contributing to an IRA, SEP IRAs and SIMPLE IRAs for small business owners, self-directed IRAs, and IRA mistakes to avoid. Plus, Joe and…
Risks and Rewards of Vacation Rentals and Real Estate Investing - 188
Sep 25, 2018 • 37 min
Cubert from shares his plans for using real estate, including AirBnB and VRBO vacation rentals, on his path to financial independence at the age of 46. Is it worth the risk? Plus, the fellas answer your questions about real estate…
Trump Retirement Security Executive Order: Small Business Opportunities and Concerns - 187
Sep 18, 2018 • 34 min
Jeffrey Levine (Forbes/ Wealth Alliance) on President Donald Trump’s executive order on Multiple Employer Retirement Plans and required minimum distributions. Jeff also tells us how the IRS is throwing salt in the state and local tax…
Stop Spending Money the Wrong Way: 77 Days to Financial Happiness - 186
Sep 11, 2018 • 41 min’s Jonathan Clements (former Wall Street Journal) on how to stop spending money wrong and enrich our lives in just 77 days with his new book, From Here to Financial Happiness. Big Al has 3 things you need to do now if you want to retire in…
What You Need to Know About Social Security and Making Money - 185
Sep 4, 2018 • 41 min
Answering your questions on how collecting a paycheck or investing during retirement might affect your Social Security benefits. Plus, “the Goddess of Social Security,” InvestmentNews contributing editor and nationally recognized Social Security expert…
How to Manage 8 Risks That Can Derail Your Retirement - 184
Aug 28, 2018 • 55 min
Today we focus on managing retirement risks: longevity risk, inflation risk, sequence of returns risk, tax risk, interest rate risk, and lost opportunity risk. Plus, Professor Jamie Hopkins (The American College New York Life Center for Retirement Income)…
Your 2018 Taxes: 10 Ways to Prepare and Save - 183
Aug 21, 2018 • 47 min
2018 taxes will be very different than previous years. We’ve got 10 ways to make sure you’re properly prepared, and perhaps even reduce your 2018 tax burden. We’ll talk about the “cumbersome and confusing” tax changes for small business owners. What…
How to Cure the Investing Disease of Fear and Greed - 182
Aug 14, 2018 • 48 min
Morgan Housel (Collaborative Fund, former Wall Street Journal and Motley Fool) offers practical ways to determine your actual risk tolerance and perhaps help avoid the investing disease of fear and greed. And, listen to find out where you fall on Morgan’s…
Are More Trump Tax Cuts and Big 401(k) & IRA Changes On the Way? - 181
Aug 7, 2018 • 49 min
More possible tax cuts from the Trump administration and big changes coming to our 401(k)s and IRAs? Plus, Meb Faber answers the questions: If you had to buy and hold one stock for the rest of your life, or if you had to stick with one investing style for…
Why Do You Need To Understand Financial Markets? - 180
Jul 31, 2018 • 43 min
Marc Levinson, author of The Economist Guide to Financial Markets, explains how understanding financial markets can help you make fewer investing mistakes and improve everything from your home to your job to your portfolio. Plus, what does Tax Reform 2.0…
Can Risk Revolutionize How You Work? - 179
Jul 24, 2018 • 45 min
Joel Comm (author, entrepreneur & co-host of the Bad Crypto Podcast) talks about his new book, The Fun Formula: How Curiosity, Risk-Taking, and Serendipity Can Revolutionize How You Work. Plus, should you quit a high paying job to be a DJ? Save for…
The Best Investors and Their Worst Investing Mistakes - 178
Jul 17, 2018 • 46 min
Even the best investors make terrible investing mistakes. Michael Batnick talks about his new book, Big Mistakes: The Best Investors and Their Worst Investments. Plus, should you sign up for Medicare, and which parts? And, Big Al’s got 5 smart ways to…
50 Or Older? Don’t Skip These 5 Key Retirement Questions - 177
Jul 10, 2018 • 44 min
7 Steps to Retire in 10 Years, 5 Key Retirement Questions You Need To Answer When You’re 50 Or Older, 10 Frequently Asked IRA questions, and some questions answered, like, “The estate is in probate and the accounts are frozen, now what?” and, “Where…
Use This Quick Calculation to See If You’re on Track for Retirement - 176
Jul 3, 2018 • 54 min
Are you on track for retirement? Big Al Clopine, CPA has a quick retirement calculation to help you find out. If you’re behind in your savings, Big Al also has 3 ways to get caught up. We’ve got questions and Joe Anderson, CFP® has answers on the…
How to Rock Retirement With The Retirement Answer Man - 175
Jun 26, 2018 • 57 min
The Retirement Answer Man, Roger Whitney, CFP® talks about his book, Rock Retirement. Plus, in some states, you may be able to pay your state taxes as a charitable donation and get a tax deduction, but you might want to be careful with that. Also, 5…
Will Cryptocurrencies Disrupt Real Estate Investing? - 174
Jun 19, 2018 • 46 min
Cryptocurrencies have taken investing into risky, adventurous new territory over the past few years, and now a new blockchain-based real estate investing platform wants a place in your portfolio. Learn more about it and about Sam Ball, the young investor…
Life Insurance, Long Term Care, Annuities, and Ranting About Reddit - 173
Jun 12, 2018 • 40 min
A Reddit thread about getting sold life insurance when going to a life insurance company for financial planning gets Joe Anderson, CFP® ranting! To make sure Joe’s insurance rant doesn’t apply to you, and to help you avoid buying insurance you don’t need,…
How Much Can You Really Spend in Retirement? - 172
Jun 5, 2018 • 49 min
Wade Pfau on the 4% rule for retirement withdrawals. How a risk-filled burrito can earn up to 11%. Joe & Big Al take on Dave Ramsey’s advice to pay debt before saving for retirement and they debate real estate vs. bonds. IRA planning for the rest of 2018…
Jonathan Clements on The Secret to Defeating Ingrained Financial Failure Instincts - 171
May 29, 2018 • 44 min
Jonathan Clements (, fmr Wall Street Journal columnist) on how to get from here to financial happiness and success, defeating the instinctual urges ingrained in us by our ancestors that often lead to financial failure. Plus, should you…
Can Market Predictors Make You a Better Investor? - 170
May 22, 2018 • 43 min
Larry Swedroe of Buckingham Strategic Wealth and columnist at talks about how his views on active vs. passive investing, the value premium, market predictors and expected returns held up since he wrote his first book 20 years ago - and how he…
Sell in May and Go Away: Can You Time the Market? - 169
May 15, 2018 • 41 min
Nationally recognized mutual fund, index investing and asset allocation authority Paul Merriman gives us the truth on market timing versus buy and hold - and he explains why he still does both. Plus, answers to your questions on collecting Social Security…
3 Ways a Reverse Mortgage Can Supercharge Your Retirement - 168
May 8, 2018 • 42 min
Dr. Wade Pfau of returns to Your Money, Your Wealth® to share some incredible reverse mortgage strategies that can supercharge your retirement when executed correctly. He also updates us on the new rules for reverse mortgages,…
Money & Divorce: 14 Disastrous Mistakes That Will Steal Your Financial Dignity - 167
May 2, 2018 • 42 min
Christine Luken talks about her new program, Financial Dignity After Divorce, which will be especially useful if you make any of these 14 money mistakes during a divorce. Plus, how much will the average couple spend on healthcare costs in retirement, and…
From Consumer to Creator: How to Reach Financial Independence - 166
Apr 24, 2018 • 39 min
Philip Taylor, AKA PT of, shares the method he used to reach financial independence as he transitioned from CPA to financial media mogul. Plus, 5 ways to turn retirement savings into income, how a big lottery win might affect your Social…
250 Creative Ways to Save and Make More Money - 165
Apr 17, 2018 • 41 min
Nick Loper of Side Hustle Nation shares just a few of the 250 ways he’s found that everyone from millennials to baby boomers can make more money and trim expenses in this new era of creative entrepreneurship and freelance work, from shuttling booze to…
How to Be Financially Alert and on FIRE at Age 36, Even With Market Volatility - 164
Apr 10, 2018 • 53 min
Michael of reached Financial Independence / Retire Early, or FIRE, at age 36. He shares his inspiring success, transitioning from small business entrepreneur to stay-at-home Dad & blogger with a growing net worth of over $2M - and how…
6 Things to Look For When Buying Investment Property - 163
Apr 3, 2018 • 39 min
Joel Larsgaard from the Pour Not Poor podcast talks about drinking beer and simplifying your life to save money that you can put towards buying rental real estate. And, some things to drink about - er, think about - before you commit to that investment…
She Saves $85,000 Annually. Learn Jamila Souffrant’s Secrets -162
Mar 27, 2018 • 57 min
Jamila Souffrant from explains how she can save $85,000 every year, and how you can save and invest more money too. Plus, Financial Planning Tips for Young Investors and the merits of buying company stock. And interest rates are on the…
Ditch Your Debt: Join the Student Loan Debt Movement - 161
Mar 20, 2018 • 43 min
Robert Farrington from has a goal of helping people eliminate a million bucks in student loan debt in the Month of March. Join the movement, ditch your debt and win prizes! Plus, Americans have reached record-breaking net worth -…
10 Commandments of Retirement from The Retirement Manifesto - 160
Mar 14, 2018 • 42 min
Fritz Gilbert from shares his 10 Commandments for Retirement - well actually it’s 11, but that extra one is important! Plus, Big Al has 10 ways you can pay less in taxes this year, and in future years. And Trump’s steel and…
16 Money Tips and Mind Tricks from The Broke Millennial - 159
Mar 8, 2018 • 42 min
The Broke Millennial Erin Lowry shares her mind tricks for more effective saving and her clever tips for paying down debt. Plus, working the tax brackets with Roth conversions, some crazy options that may or may not work when you’ve contributed too much…
The Seven Secrets for a Happy, Successful Retirement - 158
Mar 6, 2018 • 38 min
Best-selling author, retirement expert and backward-speaker Jan Cullinane lets us in on how many of the Seven Secrets for a Happy, Successful Retirement have to do with money, and how many don’t. Big Al’s got a whole new mindset for happiness after…
Pay Off Debt, Starve and Stack, Retire Rich & Happy - 157
Mar 2, 2018 • 46 min
How to retire rich and happy: the two income starve-and-stack strategy, losing the ego, and the Pay Off Debt by Jackie Beck app. Oh, and Rondo soda pop, and never saying the word “tissue.” Joe and Big Al also talk a bit about retirement readiness and…
Don’t Scream “Get Me Out!” How to Stomach Market Dips - 156
Feb 22, 2018 • 46 min
What happened to the market correction, what happens next, and how can you avoid hitting your GMO (get me out) point? Larry Swedroe of the BAM Alliance and gazes into his crystal ball. Plus, 5 questions to ask your estate planner after the new tax…
These 6 Things Help You Avoid a Miserable Retirement - 155
Feb 15, 2018 • 47 min
6 actions that can help you prepare for the retirement you dream of, rather than the retirement nightmares are made of, according to Catherine Collinson of the Transamerica Center for Retirement Studies. Big Al’s got a list of 10 reasons people don’t…
SPECIAL: Market Volatility and Corrections - 154
Feb 12, 2018 • 27 min
Welcome to stock market volatility. Today the market clawed back some of its big losses from last week’s correction, but what’s in store tomorrow or next week or next month? What should you be doing with your portfolio, and how will this affect your…
How To Successfully Retire at 41 - 153
Feb 10, 2018 • 64 min
Chris Mamula retired early - at age 41! He now blogs about his experiences at How did he do it, after making a decade of retirement planning mistakes? Plus 5 Things to Consider Before Tapping Your Retirement Accounts, and the good, the…
7 Changes to Social Security You Need to Know - 152
Feb 3, 2018 • 52 min
Today on Your Money, Your Wealth, seven new changes to your Social Security benefits - Joe and Big Al talk about the good and the bad. Plus, how small business owners may be in danger of screwing up their Social Security, how the new tax law lets you save…
Bitcoin, Blockchain and Cryptocurrency: Everything You Need to Know - 151
Jan 27, 2018 • 63 min
Cryptocurrency expert and controversial crypto-celeb Amanda B. Johnson answers the most common altcoin questions: what is digital currency? What’s a blockchain? Is Bitcoin safe? Why is Bitcoin so volatile? Should I own any cryptocurrency? Can…
Opportunities, Challenges and Tricks Coming From Trump’s New Tax Law - 150
Jan 20, 2018 • 65 min
Joe and Big Al weigh in on 10 retirement resolutions experts say you should make for 2018. We’ll learn some new opportunities, challenges and potential tricks coming out of President Donald Trump’s new tax law. We’ll find out the secrets to Big Al’s big…
How To Capitalize On The Goldilocks Economy in 2018 - 149
Jan 13, 2018 • 68 min
Brian Perry, CFP®, CFA® from Pure Financial Advisors recaps 2017’s global Goldilocks economy. Will the bull run continue in 2018? Should we change our asset allocation to prepare our stock and bond portfolios for a market slow down? Are you properly…
How To Tailor Your Retirement Income Strategy - And Why You Need To - 148
Jan 6, 2018 • 46 min
Retirement nest eggs have become bigger, but fixed income rates of return are low. What strategy will allow your investment portfolio to provide income throughout your retirement? Joe and Big Al explain what matters when tailoring your own personal…
12 Things You Need To Know About Trump’s New Tax Law - 147
Dec 30, 2017 • 63 min
How Trump’s Tax Cuts and Jobs Act changes state and local tax deductions, itemized, mortgage, property tax and medical deductions, brackets, the child tax credit, home equity debt, charitable contributions, alternative minimum tax, small business taxes…
Millennials Want A Flex Life Over Financial Peace - 146
Dec 23, 2017 • 60 min
Whitney Hansen, host of the Money Nerds podcast, tells Jason Thomas, CFP, how the financial needs, wants and goals of Gen Y and Gen Z are different than - well, ours. And, everything you know about investing for retirement is wrong and dangerous. At…
What You Need To Know Before You Buy or Sell Gold - 145
Dec 16, 2017 • 51 min
Peter Hug from Kitco describes the four types of people that buy precious metals, how to best buy and sell silver and gold yourself, and whether these commodities are similar to cryptocurrencies like Bitcoin and Blockchain. Joe and Big Al talk permanent…
8 Ways To Avoid Holiday Debt Hangover & Save Big Cash - 144
Dec 9, 2017 • 59 min
Eight ways to save serious cash, so we can avoid the holiday debt hangover. (Can’t guarantee that you can avoid working out, though.) Plus, the latest tax reform news, and 8 ways to create tax free income. And is Joe going to start charging his dear sweet…
9 Retirement Tips If You Don’t Plan To Retire - 143
Dec 2, 2017 • 49 min
Retirement planning tips and benefits when you don’t plan to retire. Plus, how much should you have saved for retirement at different stages of life, how much has the average millennial saved, and the Roth 5 year clock: should you get married so you can…
Use These Tax Deductions Now, They May Be Gone In 2018 - 142
Nov 23, 2017 • 58 min
Recharacterizing your Roth conversion, getting that knee replacement, meeting with every client you have all across the country and more: Joe and Big Al cover many things you might want to do before tax laws potentially change come January 1. Suze Orman…
Trump Tax Cuts? False. Try Tax Increases. - 141
Nov 20, 2017 • 57 min
Actual news you can really use about the ever-changing landscape of tax reform, why Trump’s promised biggest tax cuts ever are actually a tax increase for many of us, and how it will affect you. Those sneaky, sneaky Congresspeople. And Joe and Big Al have…
A Last Minute Feel-Good Way to Reduce Your 2017 Taxes - 140
Nov 13, 2017 • 55 min
Elaine Martyn from Fidelity Charitable explains how donor advised funds can help others and reduce your 2017 taxes. Retirement jitters, a retirement crisis, and 7 ways to teach your kids the value of saving for retirement to help them avoid both the…
How To Live A Luxe Life & Still Save Money - 139
Nov 6, 2017 • 60 min
The Luxe Strategist offers six secrets to splurging on nice things while still saving 50% of your income. Joe and Big Al cover the latest on Trump tax reform, the retirement crisis, 7 Retirement Catch Up Strategies for Lifelong Procrastinators, and why…
Losing Money Sucks. Time For Asset Protection - 138
Oct 30, 2017 • 72 min
Asset protection attorney Doug Lodmell has the secrets to keeping your money safe in the event of a lawsuit. Social Security benefits and 401(k) contributions are going up, but the 401(k) thing may also be a nightmare. Al’s got 6 myths about freezing your…
FIRE & The Retirement Manifesto: What Will You Do With Your Free Time? - 137
Oct 23, 2017 • 64 min
Fritz Gilbert, blogger at, one of the fastest growing financial blogs on the internet, talks about the Financial Independence / Retire Early or FIRE movement, and how to make the most of your retirement. Also, three tax tricks…
How To Rescue Yourself From Hitting Financial Rock Bottom - 136
Oct 16, 2017 • 59 min
Financial Lifeguard Christine Luken explains how she used Mindful Money Management to rescue herself when she hit financial rock bottom, and how you can, too. Joe and Big Al answer questions on when the magic of compounding is gonna kick in, Roth…
Trump Tax Reform: More Jobs, Fairer Taxes, Bigger Paychecks? - 135
Oct 9, 2017 • 57 min
Will the changes to tax brackets, deductions, exemptions, the alternative minimum tax, estate tax, individual taxes, corporate taxes and expenses in Donald Trump’s “Unified Framework For Fixing Our Broken Tax Code” proposal provide more jobs, fairer…
Millennial Money Founder Side-Hustled To a Million In 5 Years - 134
Oct 2, 2017 • 66 min
Millennial Millionaire Grant Sabatier on how extreme saving and the art of the side hustle took him from $2.26 in the bank to a net worth of $1 million in just 5 years. Plus, 7 things YOU should do to become a millionaire, what Trump’s tax plan means for…
The Truth About Reducing Your Taxes Through Charitable Giving - 133
Sep 25, 2017 • 60 min
In the aftermath of natural disasters at home and abroad, Elaine Martyn from Fidelity Charitable explains how donor-advised funds can make for tax efficient, high impact giving. Plus, how to protect yourself from identity theft following the Equifax…
3 Dimensions of Expected Returns: Size, Price and Profitability - 132
Sep 18, 2017 • 77 min
Apollo Lupescu of Dimensional Fund Advisors explains how risk and expected returns are affected by size, price and profitability of a company, why the latest from President Trump shouldn’t affect our investing choices, how diversification can protect us…
Mind The Gap: How To Make More Than You Spend In Retirement - 131
Sep 11, 2017 • 62 min
J. David Stein, host of the Money for the Rest of Us podcast, on managing emotions when it comes to investing and market volatility, and how to Mind the Gap between income and spending in retirement. If that gap is too large, we’ve got 99 side hustles…
How to Turn $3,000 into $50 Million - 130
Sep 4, 2017 • 68 min
Investing authority Paul Merriman explains how to turn $3,000 into $50 million and talks to Joe and Big Al about value vs growth companies, market timing, choosing the right mix of stocks, bonds and other investments, and which stocks don’t beat even…
How To Fix Retirement Savings and Social Security - 129
Aug 28, 2017 • 58 min
Harvard Business School Senior Lecturer and Brookings Institution Senior Fellow Robert Pozen suggests fixing the retirement savings crisis with the Automatic IRA, and using Progressive Indexing to fix Social Security. Joe and Big Al discuss 6 Ways to…
Exposing Wall Street Marketing BS - 128
Aug 21, 2017 • 60 min
BAM Alliance Director of Research and author Larry Swedroe exposes what he calls “Wall Street marketing BS” about active management, dollar cost averaging - which he says is a dumb strategy - and more. Plus, 5 Mistakes to Avoid in Retirement, an update on…
3 Retirement Tips From the Very Rich - 126
Aug 7, 2017 • 65 min
Walter Updegrave from analyzed a recent survey of the needs, goals and concerns of very wealthy investors, and shares some useful retirement tips for the rest of us. Also, 12 Common Sources of Tax Free Income, 4 tax breaks that may…
Finance For Normal People - 125
Jul 31, 2017 • 68 min
Meir Statman, professor of finance at Santa Clara University and author of Finance For Normal People: How Investors and Markets Behave tells Joe and Big Al how smart people can avoid doing stupid things when it comes to investing. Also, are you house rich…
6 Simple Reasons You Should Balance Your Life - 124
Jul 24, 2017 • 61 min
Scott Ford, co-author of “The Sustainable Edge: 15 Minutes a Week to a Richer Entrepreneurial Life” tells Joe and Big Al how he and co-author Ron Carson achieved faster business growth and a better work/life balance. Also, can you avoid state…
Top 10 Tax Saving Strategies - 123
Jul 17, 2017 • 71 min
The Top 10 tax saving strategies of the last 25 years: From tax loss harvesting to 529 education savings plans. From LLCs vs. S-Corps to asset location (that is, what type of assets you put in what type of accounts). From charitable giving to…
Is Stock Picking Dying Because There Are Fewer Stocks? - 122
Jul 10, 2017 • 65 min
Financial researcher Larry Swedroe offers several reasons you may not be getting the returns you’ve enjoyed in the past, and he challenges Jason Zweig’s assertion in the Wall Street Journal that it’s because there are fewer stocks to choose…
Are You Retirement Ready? Calculate Your Power Percentage To Find Out - 121
Jul 3, 2017 • 59 min
USA Today columnist Pete The Planner tells us how to calculate our Power Percentage for retirement readiness, and how to set house rules to get on the path to a successful retirement. Plus, 8 benefits of claiming Social Security later, how a Roth…
Money Secrets of the Super Wealthy With Paul Sullivan - 120
Jun 26, 2017 • 27 min
Paul Sullivan, author of “The Thin Green Line: The Money Secrets of the Super Wealthy” tells Joe and Big Al how the decisions you make about your money can put YOU in the wealthy club. Plus, how should you prepare for President Trump’s “biggest tax…
Want To Be Stacking Benjamins? Do Nothing - 119
Jun 19, 2017 • 65 min
Guest Joe Saul-Sehy of the Stacking Benjamins podcast explains the value of having a financial planner (while avoiding his stalker, Your Money, Your Wealth host Joe Anderson.) Joe and Big Al discuss what the Department of Labor fiduciary ruling…
7 Mistakes New Real Estate Investors Make - 118
Jun 12, 2017 • 70 min
Alex Goldstein, author of “No Nonsense Real Estate,” offers 7 Mistakes New Real Estate Investors Make. Joe and Big Al discuss 3 ways to sell your real estate, Social Security taxation, and 7 Social Security mistakes to avoid. Plus, potential ways…
Using Reverse Mortgages To Secure Retirement with Dr. Wade Pfau - 117
Jun 5, 2017 • 73 min
Dr. Wade Pfau reveals new research on the reverse mortgage as an insurance policy and investing tool, and discusses the 4% rule for withdrawing retirement income from your portfolio. Plus, Joe and Al have 10 tips to boost retirement savings, the pros…
Beat The Market, Save, Retire At 30? - 116
May 29, 2017 • 55 min
From stock picking to retiring at 30, Rob Berger spills secrets learned in 10 years hosting The Dough Roller Money Podcast. Joe and Big Al talk about market volatility caused by President Trump’s potential tax cuts, healthcare plan and proposed…
The Value of Debt in Building Wealth - 115
May 22, 2017 • 67 min
Author Tom Anderson discusses the value of debt in wealth building through the four phases of life. Joe and Big Al go over 6 common myths that can mess up your retirement, and how much you need to save in order to have $1 million when you retire….
The Investing Lie Wall Street Needs You To Believe - 114
May 15, 2017 • 68 min
Larry Swedroe, author of “Think, Act and Invest Like Warren Buffett,” explains Wall Street’s passive investing lie and what kind of returns you can really expect. Plus, how he relates investing performance to Babe Ruth and Roger Federer. Also, 5…
Low Cost, Diversified, Tax Efficient Funds That Trade Like Stocks: Are ETFs Right For You? - 113
May 8, 2017 • 68 min
Daniel Prince, CFA (BlackRock) explains exchange traded funds and what the future holds as investing evolves. Will Trump’s new tax plan simplify taxes and spur economic growth as promised? If you’re one of the 10,000 boomers a day now reaching…
Investor Psychology: You Can Be Right And Still Be a Moron - 112
May 1, 2017 • 68 min
with behavioral finance expert Dr. Daniel Crosby
The Trump Effect On The Markets - 111
Apr 17, 2017 • 57 min
Investor optimism reached a 17 year high with the Trump Effect and emerging markets, but what does that really mean? Joe thinks being emotionally invested in your portfolio may serve you better in the long run. Al quizzes Joe on 6 basic retirement…
10 Tax Mistakes That Could Cost You Huge Penalties — Or Worse - 110
Apr 10, 2017 • 57 min
The pros and cons of taking Social Security before full retirement age, tax mistakes that could cost you huge penalties or worse, IRA myths, the morality of found money, and what Joe and Big Al know and love about social media. The fellas also answer…
6 Steps To Get Super Rich & Work Your Wealth - 109
Apr 3, 2017 • 65 min
Mary Beth Storjohann, author of Work Your Wealth, helps millennials wrap their heads around financial basics. Joe and Al discuss a proposal to cut the corporate tax rate by taxing 401(k) gains, and spotting an IRS phone scam. Also, answers to…
Understanding Social Security & Donald Trump’s Tax Return - 108
Mar 26, 2017 • 67 min
Social Security expert Mary Beth Franklin explains the current claiming rules. Joe and Big Al offer tips for managing taxes and answer emails on rollovers, Roth IRA, 401(k), debt, and building a stock portfolio. And from sole proprietorships to real…
Teaching Kids Economics With Author Michelle Balconi - 107
Mar 20, 2017 • 65 min
Our guest is Michelle Balconi, who co-authored the children’s book “Let’s Chat About Economics!” with economist Dr. Arthur Laffer. Joe and Big Al debunk retirement myths, discuss 8 things most Americans don’t know about retirement, and…
6 Small Business Retirement Plans From Easy to Complicated - 106
Mar 13, 2017 • 47 min
Six small business retirement plans from easy to complicated, including the SEP IRA, SIMPLE IRA, Solo 401(k) and defined benefit plan. And, how to calculate your “power percentage” for retirement readiness (here’s a hint, it involves adding…
8 IRA Mistakes That Can Mess Up Your Retirement - 105
Mar 6, 2017 • 70 min
8 IRA mistakes to avoid, the most expensive purchase you’ll ever make, the best state tax breaks for retirement and how to prioritize where you save, to maximize what you save. Plus, Joe and Al answer questions on advisor credentials, the 60 day…
Portfolio Diversification Using Factor-Based Investing - 104
Feb 27, 2017 • 68 min
Larry Swedroe from Buckingham Strategic Wealth talks about factor-based investing for a widely diversified portfolio, and the difference between alpha, beta and smart beta. 7 tax planning tips for millionaires and those who want to be millionaires….
Do You Really Need a Financial Advisor? - 103
Feb 20, 2017 • 67 min
Aired 2/11/17: The value of a financial advisor (aka “Advisor’s Alpha”) and a discussion of target date funds with Don Bennyhoff from Vanguard, estate planning and the difference between a will and a trust, and Joe and Big Al answer emails…
102. How To Retire Early and 7 Retirement Rules For Anyone Over 50
Feb 13, 2017 • 66 min
Aired 2/4/2017: How to retire early - like, really early - and real estate investing with Andrew Fiebert from the Listen Money Matters podcast, Seven Essential Retirement Rules for Anyone Over 50, and Joe and Big Al answer emails about…
101. Stretch IRA’s and The Business of Family
Feb 10, 2017 • 65 min
Aired 1/7/2017: Kiplinger’s Retirement Report editor Rachel Sheedy tells Joe and Big Al how to inherit a retirement account without paying a boatload of taxes all at once. Family, Inc. author Doug McCormick talks about how to use sound business…
8 Proven Ways to Boost Your Retirement Income
Jan 28, 2017 • 33 min
Aired: 1/28/2017 11 AM:: With so many retirement planning strategies and the plethora of information on the internet, it can be hard for some to prioritize where to start when it comes to planning for their retirement. Joe and Al share eight proven…
7 Reasons to Say Yes to a Roth IRA
Jan 28, 2017 • 34 min
Aired: 1/28/2017 10 AM:: How do you get motivated to save for retirement? Joe and Al share smart saving tips for retirement then shed light on why you shouldn’t depend solely on your pension for future income. They close the hour with seven reasons…
Interview w/ Tom Anderson, Author of the Value of Debt
Jan 21, 2017 • 35 min
Aired: 1/21/2017 11 AM:: Hosts interview Tom Anderson , author of The Value of Debt, to discuss individual and family wealth. Plus, Joe and Al answer more email questions on-air.
18 Questions to Ask Yourself Before You Retire
Jan 21, 2017 • 31 min
Aired: 1/21/2017 10 AM:: Asking yourself these important questions before retiring helps rule out any unwanted surprises. Joe and Al dig into the email bag to answer your questions.
Paul Sullivan, Author of the Thin Green Line
Jan 14, 2017 • 38 min
Aired: 1/14/2017 10 AM:: Paul Sullivan joins Joe and Al to discuss the biggest lessons from his book The Thin Green Line: The Money Secrets of the Super Wealthy on creating and maintaining wealth. Also in this hour: answers to financial questions.
All About The 401(k)
Jan 14, 2017 • 32 min
Aired: 1/14/2017 10 AM:: Hosts Joe and Al discuss why the father of the 401(k) regrets creating it. Plus, the worst mistakes you can make with your IRA and 401(k).
Interview with Douglas P. McCormick
Jan 7, 2017 • 35 min
Aired: 1/7/2017 11 AM:: Douglas P. McCormick joins Joe & Al to discuss the main points of his book Family, Inc.: Using Business Principles to Maximize Your Family’s Wealth. Also in this hour: Social Security changes for 2017 + answers to financial…
Rachel Sheedy on Inheriting IRAs
Jan 7, 2017 • 34 min
Aired: 1/7/2017 10 AM:: Editor of Kiplinger’s Retirement Report, Rachel Sheedy joins the show to discuss inherited IRA (individual retirement account) rules & strategies for beneficiaries. Plus, how to become an extreme saver in 2017.
The Year in Review
Dec 31, 2016 • 37 min
Aired: 12/31/2016 10 AM:: Joe and Al summarize the highs and lows of 2016, then talk retirement: how to automate/increase your savings, creating a retirement lifestyle game plan and steps to take if you plan on moving in retirement.
Financial Q&A
Dec 17, 2016 • 36 min
Aired: 12/17/2016 11 AM:: Hosts answer listeners’ questions on-air. Questions include “Will a financial adviser give me an unbiased opinion?” and “What’s the difference between a TSP and a Roth IRA?” Find out the answers + more in this hour.
Tax-Saving Moves to Make Before Dec. 31st
Dec 17, 2016 • 38 min
Aired: 12/17/2016 12 AM:: It’s your last chance to lower your tax bill – find out some last-minute moves to save on taxes before year-end. Plus, how are your assets titled? Joe & Al explain why making the wrong move could cost you big time.
Your Email Questions Answered
Dec 11, 2016 • 34 min
Aired: 12/11/2016 11 AM:: Would contributions to a traditional IRA reduce your tax burden? How do you start saving money at a young age & what are the benefits of a Roth IRA? Find out the answers to these and more as hosts answer your email questions.
12 Ways You Could Go Broke in Retirement
Dec 11, 2016 • 35 min
Aired: 12/11/2016 10 AM:: Joe and Al start off the hour with a quick discussion on potential tax changes under Trump. Plus, 12 ways you could go broke in retirement and put yourself at financial risk.
Is the Tax Code Changing?
Dec 3, 2016 • 34 min
Aired: 12/3/2016 10 AM:: Hosts Joe & Al discuss a brief history of the tax code & where it might be headed. Find out some possible tax exemptions & deductions under Trump’s presidency; plus, key tax strategies to take advantage of now…
Interview with Joe Saul-Sehy
Nov 26, 2016 • 34 min
Aired: 11/26/2016 11 AM:: Joe and Al welcome on the show Joe Saul-Sehy, host of the top-rated personal finance podcast show “Stacking Benjamins.”
6 Questions to Ask If You’re Ready for Retirement
Nov 26, 2016 • 36 min
Aired: 11/26/2016 10 AM:: Are you prepared for retirement? These 6 questions will help you see if you’re ready. Later, Joe & Al discuss strategic tax moves for year-end.
Question Corner
Nov 19, 2016 • 33 min
Aired: 11/19/2016 11 AM:: Joe and Big Al answer your biggest financial questions, from how to claim a loss on a Roth IRA to the pros & cons of rolling over an employee retirement plan into an IRA (individual retirement account).
Questions to Ask If You’re Ready for Retirement
Nov 19, 2016 • 36 min
Aired: 11/19/2016 10 AM:: Are you prepared for retirement? These 6 questions will help you see if you’re ready. Later, Joe & Al discuss strategic tax moves for year-end.
Interview with J. David Stein
Nov 12, 2016 • 36 min
Aired: 11/12/2016 11 AM:: Joe and Al welcome J. David Stein, host of the top-rated personal finance podcast “Money for the Rest of Us.”
Taxes under President Trump
Nov 12, 2016 • 36 min
Aired: 11/12/2016 10 AM:: Find out how Federal income, corporate, and estate taxes may affect you.
Interview with Joe Saul-Sehy
Nov 5, 2016 • 36 min
Aired: 11/5/2016 11 AM:: Joe and Al welcome Joe Saul-Sehy, host of the top-rated personal finance podcast show “Stacking Benjamins.”
7 Scary Retirement Moves
Nov 5, 2016 • 36 min
Aired: 11/5/2016 10 AM:: Are you making these mistakes that could sabotage your retirement? Find out some tips to avoid making costly mistakes with your nest egg.
California Propositions
Oct 29, 2016 • 36 min
Aired: 10/29/2016 11 AM:: Joe and Al discuss some of the California propositions and how they might affect your finances. Also find out what the difference between gross income and taxable income is.
What is the Social Security Spousal Benefit?
Oct 29, 2016 • 36 min
Aired: 10/29/2016 10 AM:: What is the Social Security spousal benefit? Joe and Big Al explain this as well as dive into reverse mortgages to cover how your home equity could help you in retirement.
How Bond Investments Work
Oct 22, 2016 • 37 min
Aired: 10/22/2016 11 AM:: Joe and Al answer investors’ questions on-air. Learn more about bond returns, how interest rates affect bond prices and the difference between short term vs. long term bonds.
Social Security Strategies Explained
Oct 22, 2016 • 38 min
Aired: 10/22/2016 10 AM:: Hosts discuss Social Security strategies for couples claiming spousal benefits as well as strategies for single people to consider. “Big Al” closes the hour discussing the downsides of annuities.
Questions & Answers About Investing for Retirement
Oct 15, 2016 • 37 min
Aired: 10/15/2016 11 AM:: Joe and Al answer questions about investing for retirement covering investment options for 403(b) accounts, tax implications of moving part of your IRA and how to avoid tax penalties when withdrawing from an IRA.
The Best Time to Start Taking Social Security
Oct 15, 2016 • 38 min
Aired: 10/15/2016 10 AM:: Most women take their Social Security benefits early causing them to lose out on an increased benefit amount. Joe and Al discuss Social Security claiming strategies so you can get the most out of your benefit.
How to Pick the Right Target-Date Fund
Oct 8, 2016 • 38 min
Aired: 10/8/2016 11 AM:: Your 401(k) plan options probably include at least one target-date fund. Hosts discuss this one-step strategy for investing for retirement.
Tapping Into Your Home Equity
Oct 8, 2016 • 37 min
Aired: 10/8/2016 10 AM:: A reverse mortgage gives you the opportunity to tap into your home equity. Joe and Al discuss whether a reverse mortgage is the right move to make for generating income.
Interview with Dr. Daniel Crosby
Oct 1, 2016 • 36 min
Aired: 10/1/2016 11 AM:: Joe & Al start off the hour answering personal investing questions, then welcome New York Times and USA Today bestselling author, Dr. Daniel Crosby on the show to discuss his book The Laws of Wealth on behavioral finance.
Will You Get Audited?
Oct 1, 2016 • 36 min
Aired: 10/1/2016 10 AM:: Hosts discuss the latest statistics on who’s most likely to get audited, how often it happens, and what to do if it happens to you.
8 Financial To-Dos before Year-End
Sep 24, 2016 • 37 min
Aired: 9/24/2016 11 AM:: Hosts discuss the importance of diversifying your 401(k) properly and share whether you should invest in real estate or index funds. Later in the hour the discussion flips to how you can determine stock loss with a non-public…
Can I Roll my Solo 401(k) to a Simple 401(k)?
Sep 24, 2016 • 35 min
Aired: 9/24/2016 10 AM:: Hosts answer frequently asked financial questions including whether you can roll your solo 401(k) to a simple 401(k). They end the hour with last-minute tax planning tips before year-end.
Where the Presidential Candidates Stand on Taxes
Sep 17, 2016 • 38 min
Aired: 9/17/2016 11 AM:: The state of the US tax code couldn’t be more uncertain. Hosts discuss the presidential candidates’ opposing views on taxes and explain what tax strategies you should take advantage of now before it’s too late.
5 Lessons to Learn from Wealthy Investors
Sep 17, 2016 • 36 min
Aired: 9/17/2016 10 AM:: Hosts discuss a two decade study on the character traits of America’s wealthy and explain what lessons can be learned from the millionaire next door.
The Best & Worst of Boomers’ Retirement Plans
Sep 10, 2016 • 37 min
Aired: 9/10/2016 11 AM:: Hosts discuss the good, the bad and the ugly of Baby Boomers’ retirement plans. Plus, Big Al quizzes Joe on retirement and investing questions.
Cracking Down on the ‘Mega-Roth’
Sep 10, 2016 • 37 min
Aired: 9/10/2016 10 AM:: Oregon’s State Senator Ron Wyden wants to put limits on Roth IRA accounts – will this solve anything? Later, 6 reasons to convert to a Roth IRA in your 50’s & 60’s.
Larry Swedroe on Factor-Based Investing
Sep 3, 2016 • 35 min
Aired: 9/3/2016 11 AM:: Investing expert Larry Swedroe joins the show to discuss his new book on factor-based investing; plus, his take on election & investing.
Your Daily Dose of Financial Know-How:
Sep 3, 2016 • 37 min
Aired: 9/3/2016 10 AM:: Your hosts answer your burning financial questions, ranging from how to avoid gift taxes to why it’s worth it to invest in a 401(k).
Answers to Your Investing Questions
Aug 27, 2016 • 37 min
Aired: 8/27/2016 11 AM:: Joe Anderson and “Big Al” Clopine answer listeners’ investing questions on air. Question topics cover pensions vs. lump sums, 401(k) rules, the fiduciary standard and more.
6 Ways to Reduce Your RMDs
Aug 27, 2016 • 36 min
Aired: 8/27/2016 10 AM:: Did you know there are strategies you can use to reduce your required minimum distributions (RMDs) from your individual retirement account? Find out six ways to do this so you can keep more of your hard-earned money.
Financial Q&A
Aug 20, 2016 • 36 min
Aired: 8/20/2016 11 AM:: Joe and Al provide financial advice on personal investing questions asked through Investopedia. Topics cover real estate investments, financial planning in your 20s, retirement and controlling income taxes.
Traditional Retirement is Dead. Now What?
Aug 20, 2016 • 37 min
Aired: 8/20/2016 10 AM:: Joe and Al shed light on scary statistics regarding the rise of healthcare costs and share strategies to show how listeners can protect themselves. Later in the hour the discussion flips to retirement planning and how it’s…
Answers to Financial Questions You’re Afraid to Ask
Aug 13, 2016 • 35 min
Aired: 8/13/2016 11 AM:: Hosts answer frequently asked financial planning questions sent from Investopedia. Topics cover divorce, tax deductions, business profits, Roth IRAs, IRA rollovers and more.
3 Reasons to Ignore Presidential Candidates’ Economic Promises
Aug 13, 2016 • 38 min
Aired: 8/13/2016 10 AM:: Presidents can bully the Federal Reserve, but they can’t set central bank policy. Joe and Al explain how the Fed impacts overall markets and discuss a recent article covering 3 reasons why you should ignore Hilary and…
Beware of the New 60-Day Rollover Rules
Aug 7, 2016 • 35 min
Aired: 8/7/2016 11 AM:: The IRS changed the rules for IRA rollovers and not everyone is catching on. Taxpayers can only perform one 60-day IRA rollover in a 12-month period, no matter how many IRAs they own. Joe an Al go over this new rule and share…
Avoiding 6 Costly Retirement Planning Mistakes
Aug 6, 2016 • 35 min
Aired: 8/6/2016 10 AM:: Joe and Al share common retirement planning mistakes they’ve seen for years. These mistakes, that could cost you thousands, if not more, can easily be avoided if you learn how.
What You Need to Know Before Choosing a Financial Advisor
Jul 30, 2016 • 37 min
Aired: 7/30/2016 11 AM:: Joe and Al start the hour answering frequently asked financial questions then explain key factors to look for when choosing a financial advisor. Should you choose a fee-only or fee-based advisor and does it matter if they…
Is It the End for These Tax-Saving Strategies?
Jul 30, 2016 • 35 min
Aired: 7/30/2016 12 AM:: Hosts discuss three major tax-saving strategies that might be going away. Learn what they are and how you can take advantage of them before it’s too late.
Why You Shouldn’t Time the Market
Jul 23, 2016 • 38 min
Aired: 7/23/2016 11 AM:: If you try and beat the odds, how often do you come out on top? Most active-fund managers fail to beat the market. Joe and Al share a more reliable way to invest for your future.
Stock Markets: Past & Present
Jul 23, 2016 • 37 min
Aired: 7/23/2016 10 AM:: Markets are at all-time highs in spite of recent events. Joe and Al share investment strategies you can learn from past performance and give advice for investing in a bull market versus a bear market.
Tools for Intelligent Giving
Jul 16, 2016 • 36 min
Aired: 7/16/2016 11 AM:: Your generosity can pay off in more ways than one. Joe and Al share how to make tax-smart charitable donations.
Rising Cost of Living + Medicare Q & A
Jul 16, 2016 • 37 min
Aired: 7/16/2016 10 AM:: The landscape of retirement is changing. The cost of living is rising and we are living longer than ever before. Joe and Al share financial tips for this new age of retirement. Then they welcome Medicare expert, Dr. Katy…
US Election, Brexit & the Stock Market
Jul 9, 2016 • 39 min
Aired: 7/9/2016 11 AM:: Larry Swedroe, author on investing, joins the show to discuss how investors’ reactions to recent current events have affected the stock market and what you should be doing with your investment portfolio.
Social Security Changes: Are You Grandfathered In?
Jul 9, 2016 • 35 min
Aired: 7/9/2016 12 AM:: The new Social Security rules have eliminated the Restricted Application claiming strategy, but there are still some that can take advantage of this “claim now, claim more later” rule. Plus, hosts answer some of the most…
10 Common IRA Mistakes You Don’t Want to Make
Jul 2, 2016 • 38 min
Aired: 7/2/2016 11 AM:: There are plenty of options when it comes to IRAs, but with plenty of options can come plenty of mistakes. Joe and Al make sure you don’t blow it with your IRA by explaining how you can avoid the 10 most common IRA mistakes…
How to Solve the US Retirement Crisis
Jul 2, 2016 • 37 min
Aired: 7/2/2016 10 AM:: Joe and Al begin the hour recapping listeners on the recent Brexit headlines as they take a look at how the markets have reacted. Plus, is the US in a retirement crisis? If so, how can it be solved and what can you do to…
How DOL Fiduciary Rule Change Will Impact Retirement Accounts
Jun 25, 2016 • 36 min
Aired: 6/25/2016 11 AM:: The fiduciary rule change will bring some changes to the financial planning industry. Hosts discuss what the new rule could mean for your savings.
What Brexit Means for Your Investments
Jun 25, 2016 • 38 min
Aired: 6/25/2016 10 AM:: The markets are panicking over the Brexit vote. Learn what the recent news can mean for your investment portfolio.
Interview with Larry Swedroe | Active vs Passive Investing
Jun 18, 2016 • 39 min
Aired: 6/18/2016 11 AM:: Financial expert Larry Swedroe joins the show to discuss active versus passive investing, comparing past performance numbers to illustrate which investment strategy has a more reliable outcome.
How to Create a Retirement Income Distribution Plan
Jun 18, 2016 • 37 min
Aired: 6/18/2016 10 AM:: Hosts share simple steps for building wealth in retirement then dive into the optimal retirement withdrawal strategy so you can keep your finances steady, regardless of market uncertainty. Later in the hour, find out if a…
Investing During an Election Year
Jun 11, 2016 • 38 min
Aired: 6/11/2016 11 AM:: Hosts answer questions on investing for retirement and share strategies for managing your portfolio during an election year.
New Retirement Proposals Could Be Costly for High Earners
Jun 11, 2016 • 35 min
Aired: 6/11/2016 10 AM:: A 146-page report from the Bipartisan Policy Center was released last week and a lot of high earners aren’t going to like it. One of the proposals is to shore up Social Security by raising the tax base. Hosts discuss what…
Recreating the 401(k) & the Disappearing Pension
Jun 4, 2016 • 36 min
Aired: 6/4/2016 11 AM:: The inventor of the 401(k) says he created a ‘monster.’ Could we see the end of the 401(k) as we know it? What about pensions? More and more employers have been quietly replacing pensions with other alternatives. Joe and Al…
Mistakes to Avoid in Managing Assets for Estates
Jun 4, 2016 • 38 min
Aired: 6/4/2016 10 AM:: Joe and Al invite Nicole Newman, Attorney at Law on the show to discuss the most important estate planning issues boomers need to address. Later in the hour, they dive into Social Security, investments and taxes. Does your…
Is ‘Sell in May, Go Away’ Good Advice?
May 28, 2016 • 37 min
Aired: 5/28/2016 11 AM:: Joe and Al discuss a well-known trading adage, “sell in May and go away” to share whether this old saying is actually good advice. Then they dive into retirement planning sharing common IRA and Roth misconceptions and…
How Stocks Perform During an Election Year
May 28, 2016 • 39 min
Aired: 5/28/2016 10 AM:: The 2016 election race has already offered plenty of surprises, but what could it mean for the economy? Joe and Al share what they think then move on to discuss Americans top regrets in retirement. Are you saving enough money…
Investing Q & A’s + Tax Quiz
May 21, 2016 • 37 min
Aired: 5/21/2016 11 AM:: Hosts answer real-life investment questions for retirees and pre-retirees. Plus, 10 retirement statistics that might scare you. Your hosts close this hour with a quiz on taxes - how will you fare?
15 Mistakes People Make in Retirement
May 21, 2016 • 35 min
Aired: 5/21/2016 10 AM:: Joe and Al go over a recent Go Banking Rates article about mistakes even the smartest and most prepared people make in retirement.
Retirement Realities vs Retirement Myths
May 14, 2016 • 35 min
Aired: 5/14/2016 11 AM:: Retirement isn’t what it was when your parents left the workforce. In fact, it may not be what it was even a decade ago. Hosts, Joe Anderson & Al Clopine, dive into the realities of retirement as they shed light on 10…
9 Ways to Build Your Wealth in Your 50’s
May 14, 2016 • 35 min
Aired: 5/14/2016 10 AM:: If you’re in your 50’s, retirement is probably right around the corner. During this time it’s critical to make the right financial decisions to achieve your retirement goals. Joe and Al break down 9 financial tips to…
Retirement Errors That Will Crush Your Investment Gains
May 7, 2016 • 39 min
Aired: 5/7/2016 11 AM:: What’s it going to cost you to retire? Hosts share three retirement errors that will crush your investment gains. Plus Identity Theft Resource Center joins the show to share how you can protect yourself from one of…
Maximizing Social Security Benefit under New Rules
May 7, 2016 • 35 min
Aired: 5/7/2016 10 AM:: Social Security changes are now in effect; hosts explain best ways to maximize your benefit despite two major claiming strategies now eliminated. Listeners are also faced with the realities of retirement, as hosts debunk common…
Your Money, Your Wealth Hr. 2
Apr 30, 2016 • 37 min
Aired: 4/30/2016 11 AM:: Hosts answer common questions on estate planning, investments and dividends, retirement plans and Social Security benefits. Then they welcome Laura Adams to the show, author of Smart Girl’s Moves to Grow Rich. Plus, Prince…
Your Money, Your Wealth Hr. 1
Apr 30, 2016 • 35 min
Aired: 4/30/2016 10 AM:: Baby boomers misconceptions about Social Security could be leaving money on the table. More and more boomers aren’t planning on having any money to leave to their heirs. Plus, what effect the presidential election could have…
Your Money, Your Wealth Hr. 2
Apr 23, 2016 • 37 min
Aired: 4/23/2016 11 AM:: Financial expert Larry Swedroe joins to talk about the best ways to invest in the stock market. Plus, Swedroe compares passive versus active investing explaining which approach is best for pre-retirees and retirees.
Your Money, Your Wealth Hr. 1
Apr 23, 2016 • 34 min
Aired: 4/23/2016 10 AM:: Hosts discuss how to build wealth AND success to get you through retirement. Plus, the best kept secret of Social Security is about to disappear! Find out how you’ll be affected by this big change.
Your Money Your Wealth Hr. 2
Apr 16, 2016 • 36 min
Aired: 4/16/2016 11 AM:: Big Al and Joe share even more ways to create tax free income and savings in retirement.
Your Money, Your Wealth Hr. 1
Apr 16, 2016 • 36 min
Aired: 4/16/2016 10 AM:: Tax season is just about over! Which makes now the perfect time to start planning for 2016. Joe and Big Al share how you can save a bundle on your taxes in retirement.
Your Money, Your Wealth Hr. 2
Apr 9, 2016 • 35 min
Aired: 4/9/2016 11 AM:: Big Al and Joe share four retirement account loopholes that could close soon. Plus, what you need to know about the recent changes to Social Security and how that could have a huge impact on your retirement.
Your Money, Your Wealth Hr. 1
Apr 9, 2016 • 37 min
Aired: 4/9/2016 10 AM:: Joe and Big Al tackle some of the biggest questions about investing that the internet has to offer, including “Should I wait to buy a home until after the election?” and “If I’m a first time investor, should I invest with cash…
Your Money, Your Wealth Hr. 2
Apr 2, 2016 • 37 min
Aired: 4/2/2016 11 AM:: Hosts answer common questions on estate planning, investments and dividends, retirement plans and Social Security benefits. Then they welcome Laura Adams to the show, author of Smart Girl’s Moves to Grow Rich. Plus, Prince…
Your Money, Your Wealth Hr. 2
Apr 2, 2016 • 37 min
Aired: 4/2/2016 11 AM:: Big Al and Joe answer the most commonly asked questions about taxes, IRAs, 401ks, and Roths. Plus, their favorite tax strategies.
Your Money, Your Wealth Hr. 1
Apr 2, 2016 • 35 min
Aired: 4/2/2016 10 AM:: Baby boomers misconceptions about Social Security could be leaving money on the table. More and more boomers aren’t planning on having any money to leave to their heirs. Plus, what effect the presidential election could have on…
Your Money, Your Wealth Hr. 1
Apr 2, 2016 • 35 min
Aired: 4/2/2016 10 AM:: Joe and Big Al share the top five most costly retirement mistakes you could be making. Plus, the top tax moves the rich use to stay rich.
Your Money, Your Wealth Hr. 2
Mar 26, 2016 • 37 min
Aired: 3/26/2016 11 AM:: Money and our behavior: the biggest mistakes you could be making and how to fix it.
Your Money, Your Wealth Hr. 1
Mar 26, 2016 • 35 min
Aired: 3/26/2016 10 AM:: The top myths about retirement that ruin most retirees plans. Why Baby Boomers won’t be able to have a retirement like their parents.
Your Money, Your Wealth Hr. 2
Mar 19, 2016 • 36 min
Aired: 3/19/2016 11 AM:: Taking Risks in your 20’s Vs. in Retirement, Mistakes to avoid while planning and Prepping to maintain your lifestyle in retirement.
Your Money, Your Wealth Hr. 1
Mar 19, 2016 • 34 min
Aired: 3/19/2016 10 AM:: How retirement planning can help you avoid risks and a keep you out of a retirement saving crisis.
Your Money, Your Wealth Hr. 2
Mar 12, 2016 • 35 min
Aired: 3/12/2016 11 AM:: Big Al tests Joe’s retirement planning smarts. How do stack up?
Your Money, Your Wealth Hr. 1
Mar 12, 2016 • 36 min
Aired: 3/12/2016 10 AM:: Joe and Big Al talk Social Security! Big changes are coming up fast, listen to find out what you need to do right now to take advantage before it’s too late.
Your Money, Your Wealth Hr. 2
Mar 5, 2016 • 34 min
Aired: 3/5/2016 11 AM:: The retirement account show continues with strategies for self-employed individuals, horror stories of working with non-fiduciary advisors, and the top IRS scams you absolutely must know about.
Your Money, Your Wealth Hr. 1
Mar 5, 2016 • 35 min
Aired: 3/5/2016 10 AM:: This show is dedicated to retirement accounts and everyone who has one! Joe and Big Al share the biggest myths, misconceptions, and mistakes people make. Plus, new laws and proposals that could have a big impact on your retirement.
Your Money Your Wealth Hr. 2
Feb 27, 2016 • 37 min
Aired: 2/27/2016 11 AM:: Larry Swedroe talks to Joe and Big Al about the Incredible Shrinking Alpha and investing like Warren Buffett. Plus, the dreaded “recency bias” — what it is and why it’s so important to fight it.
Your Money Your Wealth Hr. 1
Feb 27, 2016 • 36 min
Aired: 2/27/2016 10 AM:: Joe and Big Al discuss today’s financial planning landscape and why they chose to start Pure Financial. Big Al breaks down a few of the presidential candidates’ tax plans. Plus, why women are better savers and investors than men.
Your Money, Your Wealth Hr. 2
Feb 20, 2016 • 35 min
Aired: 2/20/2016 11 AM:: Are you doing your retirement all wrong? Major changes to the Social Security rules that could mess up your entire retirement plan. And how working even one extra year can have a huge impact on your retirement.
Your Money, Your Wealth Hr. 1
Feb 20, 2016 • 35 min
Aired: 2/20/2016 10 AM:: Joe tells us about the most significant financial strategies to start implementing now; Surprising things the government wants to tax you on; and the return of “Tax Chat” as Big Al shares a couple of tax tips.
Your Money Your Wealth Hr. 2
Feb 14, 2016 • 36 min
Aired: 2/14/2016 11 AM:: Joe and Big Al discuss negative interest rates and how they could affect you. Plus, the President released this year’s budget proposal! Big Al and Joe break it down and explain what the changes could mean for you and your…
Your Money Your Wealth Hr. 1
Feb 14, 2016 • 35 min
Aired: 2/14/2016 10 AM:: Big Al tries to stump Joe with the financial literacy test that Forbes says 80% of participants failed.