Your Money, Your Wealth

Your Money, Your Wealth

yourmoneyyourwealth.com
Financial news without all the hype
Tempted to Panic and Sell? Do These 3 Things Instead - 191
Oct 16 • 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 • 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 • 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 • 37 min
Cubert from AbandonedCubicle.com 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 • 34 min
Jeffrey Levine (Forbes/Kitces.com/BluePrint 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 • 41 min
HumbleDollar.com’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 • 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 • 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 • 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 • 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 • 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 • 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 • 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 • 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 • 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 • 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 • 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 • 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 • 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 • 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 • 44 min
Jonathan Clements (HumbleDollar.com, 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 • 43 min
Larry Swedroe of Buckingham Strategic Wealth and columnist at ETF.com 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 • 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 • 42 min
Dr. Wade Pfau of RetirementResearcher.com 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 • 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 • 39 min
Philip Taylor, AKA PT of PTMoney.com, 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 • 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 • 53 min
Michael of FinanciallyAlert.com 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 • 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 • 57 min
Jamila Souffrant from JourneyToLaunch.com 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 • 43 min
Robert Farrington from TheCollegeInvestor.com 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 • 42 min
Fritz Gilbert from TheRetirementManifesto.com 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 • 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 • 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 • 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 • 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 ETF.com 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 • 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 • 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 • 64 min
Chris Mamula retired early - at age 41! He now blogs about his experiences at CanIRetireYet.com. 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 • 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 • 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 • 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 • 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 • 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 TheRetirementManifesto.com, 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 Innovative Ways to Reduce Debt - 127
Aug 14, 2017 • 66 min
America’s Money Answers Man, Jordan Goodman, offers creative ways to reduce student loan debt, car loan debt and mortgage loan debt. Big Al lists 7 Facts About Your Roth IRA That You Didn’t Know. Jason Thomas, CFP comes up with 5 Mistakes Retirees Make…
3 Retirement Tips From the Very Rich - 126
Aug 7, 2017 • 65 min
Walter Updegrave from RealDealRetirement.com 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.