Podcasts about retirement planning book

Discover the Secrets of Estate Planning for Blended Families Estate planning for blended families presents unique challenges and opportunities to ensure financial security for both spouses and children. In this episode, we delve into the intricacies of crafting a balanced estate plan that meets the needs of all family members. By exploring the use of trusts, wills, and strategic investments, we provide essential guidance on maintaining harmony and fairness while protecting your loved ones' futures. (Note that we do not provide legal or tax advice, and the show is for educational purposes only.) Tune in to learn how clear communication, thoughtful planning, and professional advice can help you navigate these complex dynamics.  Key Takeaways and Action Points: Set Up a Trust: Discover why establishing a trust can secure your spouse's financial future and ensure a fair inheritance for your children. Communicate Clearly: Learn how open discussions with family members can prevent conflicts and ensure everyone understands the estate plan. Consult Professionals: Find out how working with financial advisors and legal experts can help you create a comprehensive and effective estate plan tailored to your blended family's needs. Listen now to gain valuable insights and practical solutions to balance love and legacy in your blended family. If you're not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug's free ebook The Retirement Planning Book.

Helping Your Adult Children Financially: Key Strategies Navigating financial support for adult children requires balancing generosity with responsibility. It is essential to understand their needs and set clear boundaries to ensure that the aid you provide promotes independence rather than dependency. By being fair and transparent with all your children, you can maintain family harmony and encourage financial responsibility. Differentiate between help and enablement: Provide structured support with clear expectations and timelines. Ensure fairness among siblings: Communicate openly about your reasons for various levels of support. Set boundaries: Encourage fiscal responsibility by having limits and setting goals. Long-term planning: Prioritize your financial health and consult a professional for personalized advice. If you're not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug's free ebook The Retirement Planning Book.

Are you worried about having enough income in retirement? This episode dives into how dividend-paying ETFs can boost your monthly income in retirement. You'll learn the basics of ETFs, discover how they generate a periodic income stream through dividends, and how to incorporate them into your investment portfolio.  We also explore alternative options like CDs (Certificates of Deposit - insured bank deposits) for those seeking more stability. Plus, if you have US investments and a foreign pension, we cover crucial cross-border financial planning tips. Tune in to find out how to enhance your retirement income and plan your financial future. A few key takeaways from the show: What ETFs are (and how they differ from traditional mutual funds) How ETFs generate an income stream How to incorporate ETFs into your investment portfolio  How to build a cross-border investment portfolio strategically If you're not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug's free ebook The Retirement Planning Book.

Discover how Certificates of Deposit (CDs) can offer stable and predictable investment opportunities, especially valuable for expatriates managing their finances from abroad. In this episode, Douglas Goldstein delves into the advantages of purchasing CDs through U.S. brokerage accounts, focusing on benefits for those living overseas, such as in Israel. Learn the ins and outs of CDs within U.S. brokerage accounts, including FDIC insurance, diversification strategies to minimize risk, and the strategic advantage of creating a CD ladder to optimize returns over various terms. Key topics include: Simplifying management of diversified CDs through a single brokerage account Structuring a CD ladder to capture the best interest rates over time Navigating the secondary market for CDs to meet liquidity needs without incurring significant losses If you're not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug's free ebook The Retirement Planning Book.

Ever wondered about the best time to switch from a traditional IRA to a Roth IRA? Or what are the advantages of having a Roth IRA during a market dip? Or how an inherited IRA works if you're living overseas? Join host Douglas Goldstein to discover:

We all wish that one day we'll get a call that a distant family member, who lived a long and happy life, left us a large inheritance. What would you do if you inherited a substantial sum unexpectedly? The financial decisions that follow such an event are crucial. Join Goldstein On Gelt host, Douglas Goldstein, CFP® and discover some considerations for managing newfound wealth in retirement, including the balance between capital growth of the inheritance and preservation, generating a steady income, and reducing risk. Learn some critical steps retirees must take to secure their financial future. Some key takeaways: Assess the needs of your portfolio based on current priorities and risk tolerance. Understand how the new wealth can change your portfolio's balance. Seek a financial advisor who tailors a plan to your needs and risk tolerance Navigating an Inheritance During Retirement: A Practical Guide Picture this: You're comfortably settled into your retirement, your days filled with leisure and newfound hobbies, when out of the blue, you receive an inheritance. It's an unexpected windfall that promises to secure your financial future—if managed wisely. But where do you begin? Let's explore how you can handle this boon with care and confidence. Step One: Take Stock of Your Financial Landscape Before you let the excitement take over, pause and evaluate your current financial situation. How does this inheritance fit within your existing retirement plan? It's not just about adding a couple of zeroes to your savings account; it's about integrating this amount in a way that supports your long-term financial health without overwhelming you. Start by assessing your income needs, your regular expenses, and how long you expect your current funds to last. Step Two: Align Your Investments With Your Current Needs As a retiree, your financial priorities have likely shifted from growing your wealth to preserving it. It's crucial to review the inherited assets—whether they're stocks, bonds, or real estate—and ensure they align with your current lifestyle, which is presumably more focused on stability than risk. For instance, if the inheritance includes high-volatility stocks, consider rebalancing by investing in lower-risk options like bonds or bank deposits that offer steady, predictable returns. Step Three: Rebalance Towards Income-Generating Investments Transforming part of your investment portfolio into one that generates income can be a strategic move. This might include dividend-paying stocks, real estate investment trusts (REITs), and other assets that provide regular payouts. Such a shift not only offers a steady income stream but also helps preserve the core of your inheritance, allowing you to maintain your lifestyle without depleting the principal amount too hastily. Remember, these are not specific investment recommendations but rather ideas to discuss with a financial professional. Step Four: Consult With a Financial Advisor Handling an inheritance, especially a significant one, can get complex. It's wise to seek guidance from a financial advisor who can offer personalized advice suited to your situation. They can help you understand the tax implications of your new assets, suggest appropriate investment strategies, and plan for future needs such as healthcare or family support. Step Five: Regularly Review Your Investment Portfolio As the market fluctuates and your personal needs change, it's important to keep a close eye on your investments. Regular reviews and adjustments will ensure that your portfolio continues to meet your financial objectives and stays within your comfort zone regarding risk. This proactive approach can help you maximize the benefits of your inheritance. Step Six: Honor Emotional Connections Inheriting assets from a loved one is not just a financial transaction; it can also be an emotional journey. Acknowledge these feelings and let them guide your decisions about the inheritance. While it might be meaningful to keep certain assets as they are to honor the benefactor, ensure that they align with your financial goals and risk tolerance. By carefully considering these steps, you can ensure that your unexpected inheritance supports your retirement dreams in a meaningful and sustainable way. It's all about making your money work effectively for you, in harmony with both your current financial scenario and your aspirations for the future. Note: This article is for educational purposes only and not to be taken as specific financial, legal, or tax advice. Always consult a professional for guidance tailored to your circumstances. If you're not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug's free ebook The Retirement Planning Book.

Are you an American married to a non-U.S. citizen? If so, understanding the complexities of cross-border financial planning could save you and your heirs millions of dollars in estate tax (depending on how much money you have).  When it comes to financial planning for cross-border families, especially those with substantial assets, it's crucial to plan ahead of time how the family wealth will be passed on. One of the first things to consider is your estate plan. Determine how you want your assets to be distributed in the event of your death, whether to your non-resident alien (NRA) spouse, your kids, or to charity. For American couples, leaving the entire estate to the second American spouse comes with no estate tax. However, if you're married to a non-resident alien (a non-U.S. citizen), there are tax considerations to address during your lifetime and potential estate tax implications afterward. To mitigate these tax payments, gifting assets to your spouse up to the allowable limit during your lifetime, and planning with a tax professional and financial advisor how to pass your money to your kids, can help to lower the estate tax. It's essential to be mindful of the potential tax implications for your non-resident alien spouse and ensure they understand the tax obligations they may face in the event of your passing, particularly if they will inherit and hold assets in the U.S. Seeking the guidance of a cross-border financial advisor who can help structure your portfolio in a fashion that will minimize the estate tax will greatly help your spouse. In other cases, the use of a qualified domestic trust (QDOT) may be considered as a means of deferring estate tax in the case of the American spouse passing. Collaborating with a legal professional to set up a QDOT to match your family situation. When planning intergenerational transfers, balancing the financial security of your spouse and the desire to help your children, while handling taxes, is essential. Working with professionals who specialize in building tailored financial plans, can help you find the balance between all parties in the family.  Remember, proactive and comprehensive planning could be the key to protecting your wealth and ensuring your family's financial well-being across generations. The Goldstein On Gelt Show and its host, Douglas Goldstein, are not tax advisors. Consult with your own tax professionals before making any changes. If you're not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug's free ebook The Retirement Planning Book.

Are You Overlooking the Importance of a Financial Plan? When was the first time you spoke with a financial planner? Let me tell you about a retired couple who I met who had never spoken to a financial planner before. The couple's lack of understanding about the role of a financial planner and the way their investment portfolio was built, highlighted a common misconception among individuals when it comes to managing their finances. When sitting down with a Certified Financial Planner™ practitioner (CFP®) who is dedicated to understanding your unique financial situation, and guiding you through the complexities of investing, you are setting yourself up for success.  Building a comprehensive financial plan and working with a professional team (financial planner, accountant, and lawyer) can lead you to financial well-being.  A few points to consider: 1. Importance of a Financial Planner: Many individuals often focus solely on their investment portfolios without considering the broader financial picture. A Certified Financial Planner™ practitioner can help guide you through essential aspects of financial planning, including retirement goals, family, expenses, insurance, and health—providing a comprehensive view of your finances. 2. Understanding Your Investments: Having a clear understanding of all your investments and their implications on your overall financial situation is crucial for proper financial well-being. 3. Partnering with Professionals: Partnering with a financial planner (and other professionals) doesn't mean surrendering control. Instead, it equips you with a supportive team who can handle administrative tasks and provide advice, while you remain in charge of making the final decisions. 4. Empowerment and Peace of Mind: When you have a strong financial team in place, it empowers you to focus on the bigger financial picture. It can alleviate concerns about making financial decisions, especially during times of illness or unexpected events, offering you and your family peace of mind. To learn more about managing your finances and gaining a deeper understanding of the role of a financial planner, tune in to The Goldstein On Gelt Show and explore the valuable insights provided in each episode. Remember, taking charge of your financial well-being is one of the most important steps you can take for a secure and stress-free future! If you're not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug's free ebook The Retirement Planning Book.

Family pressure can be overwhelming when it comes to finances.  Learn how to handle those pressures correctly, allowing you to build a financial portfolio that suits you perfectly. Here are some key points discussed in the show: 1. Understand your investments: If you find yourself investing in products you don't fully understand, seek advice from a qualified third party, such as a financial planner. 2. Address family pressures: In the face of conflicting advice from family members, it's crucial to have an unbiased third party on your side.  3. Simplify your investments: Following the KISS principle (Keep It Simple, Stupid), opt for straightforward and understandable investments.  4. Regularly review and consolidate your investments: Consolidating and regularly reviewing your investments can bring clarity and empower you to take charge of your portfolio.  If you're not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug's free ebook The Retirement Planning Book.

Are you considering investing in real estate? Or perhaps you already have real estate investments in your portfolio? If so, it's crucial to understand the potential risks and challenges that can arise. The following stories of two individuals who encountered unexpected scenarios with their real estate investments provide valuable insights and lessons for anyone navigating the world of real estate. The first case revolves around a client who initially appeared to be a successful real estate investor. He exuded confidence in his portfolio, claiming lucrative real estate deals and assured cash flow from his properties. However, as time unfolded, the reality did not match his optimistic projections. Unforeseen circumstances such as the impact of external factors, including the COVID-19 pandemic, led to a drastic reduction in the expected income from his real estate investments. One of the crucial insights gleaned from this story is the significant impact of underestimating risk and overestimating returns. The client's assumptions about the reliability and sustainability of his real estate income proved to be misplaced, resulting in unanticipated financial strain and the need to reevaluate his entire investment strategy. The second story featured a younger client who had invested $50,000 in a real estate deal in Wisconsin. He initially contemplated withdrawing additional funds from his brokerage portfolio to invest in another promising real estate opportunity. However, after sharing the challenges faced by the first client, he reconsidered his decision. He understood the risk of putting all his eggs in one basket and preferred to stick with a more secure, diversified portfolio.  While real estate can be a valuable component of a well-structured investment portfolio, allocating a significant proportion of one's assets solely to real estate can expose an individual to heightened risks and vulnerabilities. The allure of real estate, with its promises of passive income and appreciation, should be balanced with a comprehensive understanding of the potential downsides and the need for diversification. It's vital to approach real estate investments with prudence, ensuring that they complement a comprehensive investment strategy rather than overshadowing or dominating it. By building a diversified investment approach and thoroughly understanding the nuances of each area of your portfolio, you can navigate potential challenges while maximizing the opportunities for financial growth and stability. Consider conducting a comprehensive review of your investment portfolio. Assess the proportion of your assets allocated to real estate investments and evaluate how they harmonize with your overall investment strategy.  If you're not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug's free ebook The Retirement Planning Book.

Dennis Tubbergen and Kerry Lutz discussed the current economic landscape, expressing concerns about the artificial nature of GDP growth and the sustainability of the model. They drew parallels between the situation and a Ponzi scheme, highlighting the potential for hyperinflation and economic collapse. The conversation also touched on the impact on Social Security and the role of the Federal Reserve in addressing the challenges. The speakers explored the need for a forced debt jubilee and investment opportunities in precious metals and agricultural real estate. Tubbergen shared information about his book and podcast, while Lutz drew attention to various indicators such as the surge in gold and Bitcoin prices, insider selling in the stock market, and distress in commercial real estate. Find Dennis here: Dennis Tubbergen Get his book here: Revenue Sourcing Find Kerry here: FSN

Yosefa Uber, an expert accountant specializing in American taxes for residents of Israel, sits down with Doug to go over:  Qualified Charitable Distributions (QCDs) allow you to donate money from your IRA directly to charity tax-free instead of taking required minimum distributions  To qualify, the money must go directly from your IRA to the 501(c)(3) charity - You can donate up to $100,000 per year per individual this way  Benefits: Helps you meet your required minimum distribution without paying tax, allows you to donate to charity tax-free  Eligibility: You must be over age 70.5 when making the donation  Keep receipts as documentation even though the distribution doesn't show up as taxable income  Consider connecting your investment advisor and accountant so they can coordinate advice  Resources:  Interview guest Yosef Huber provides US tax services for Americans in Israel (hubertaxcpa.com) If you're not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug's free ebook The Retirement Planning Book.

Doug discusses what it means to be a good steward of family wealth and how to pass on your financial legacy to future generations. He provides advice for teaching children financial responsibility from a young age and bringing adult children into important financial discussions. Key points: The importance of passing on not just money, but also financial values and responsibility to heirs Pitfalls of relying solely on professional trustees to manage family money long-term  Even a perfect trust document can't guarantee your wishes will be fulfilled long-term You must focus on teaching your heirs financial responsibility while you're still around  Share information about your finances with grown children and bring them to meetings  Getting kids involved with earning, saving, and giving at a young age  Helping adult children pursue their goals without fully supporting them  Utilizing specialized help like lawyers and financial advisors Listen and share now!

Doug discusses the myth that it is illegal for people who move to Israel or inherit money from the U.S. to keep their investments in American accounts. He explains why this myth exists and how it can actually be beneficial to maintain U.S. investments after making Aliyah or receiving an inheritance. A few key points: It is absolutely legal for Israelis to keep money and investments in U.S. accounts like brokerage, bank, IRA, etc. Some big U.S. firms ask Israeli clients to leave due to bureaucracy and compliance issues, not because it's illegal Keeping U.S. investments can be beneficial for language, tax, and investment reasons There are procedures to transfer U.S. inheritance and IRA accounts to Israeli residents. May require extra steps Work with a cross-border financial advisor who understands both U.S. and Israeli systems If you're not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug's free ebook The Retirement Planning Book.

Financial advisors and investment professionals, As we bid goodbye to 2023, let's take a moment to reflect on the state of our portfolios and plan for the new financial year.

Living in Israel with U.S. investment accounts? Be careful when transferring money overseas! In this insightful recording, Doug Goldstein, CFP®, GFP®, founder of Profile Investment Services, Ltd., unveils essential tips and best practices for successful cross-border investing. From working with reputable financial institutions to maintaining meticulous records, he shares expert advice on navigating the complexities of transferring money overseas. Key pointers from the show: Make sure to report all of your foreign financial accounts to the IRS. Violations may lead to severe penalties. Choose reputable financial institutions to work with when transferring money to ensure compliance and avoid potential issues. Be transparent with the IRS and report all financial transactions accurately. Avoid using checks or traveler's checks. The preferred method of money transfer is wire, this lowers the risk of raising red flags with the IRS. Document all your transactions to ensure a clear financial record. These are valuable points to consider when dealing with cross-border financial transactions. Please share your thoughts and experiences on this in the comments below. If you're not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug's free ebook The Retirement Planning Book.

In this insightful recording, Doug sheds light on the critical concept of ‘Sequence of Returns Risk' and its impact on retirement planning. Discover why timing is everything when it comes to investment returns, especially during the crucial early years of retirement. Doug provides expert advice on diversifying your portfolio and shares valuable tips on safeguarding your wealth by allocating a portion of your investments towards more conservative, more liquid assets such as cash, bonds, and bank deposits. Learn how to protect your retirement nest egg and navigate potential tax implications with the help of a knowledgeable financial advisor. If you're not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug's free ebook The Retirement Planning Book.

Doug Goldstein is diving into a topic that has been bothering him lately—unrealistic expectations in financial goals. Instead of focusing on sound investment strategies and long-term planning, people are consumed by the desire for quick and massive returns. But is that really the right approach? In this episode, Doug delves into why setting realistic goals is crucial for financial success and how chasing high returns can lead to unnecessary risk. He also shares insights from a recent networking event and discusses the importance of communication in the world of investing. So, sit back, relax, and join us to explore the true value of financial planning on The Goldstein On Gelt Show. If you're not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug's free ebook The Retirement Planning Book.

How can a lack of estate planning and clear instructions regarding asset distribution lead to family disputes and disagreements? Welcome to another episode of The Goldstein On Gelt Show, where we delve into the world of finance, estate planning, and everything in between. In today's episode, titled "Access Your Money: Lessons from a 5-Year Inheritance Battle," Doug shares a cautionary tale of an individual who faced a frustrating and lengthy ordeal to inherit his mother's assets.  Topics include: The importance of proper estate planning and how it can save your loved ones from unnecessary complications The consequences of inadequate financial preparation and the steps you can take to ensure a smooth transition of wealth How to access your money wisely If you're not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug's free ebook The Retirement Planning Book.

What are some specific challenges that Americans living in Israel face when it comes to managing their US investments? How can a cross-border investment advisor assist in addressing these challenges? Doug addresses the importance of understanding what your advisor truly understands about you when it comes to your finances: Why, as a cross-border financial planner, working with an advisor who understands both your situation in Israel and your investments in the United States is crucial. The limitations of working solely with either a U.S. or an Israeli advisor The need for expertise in cross-border investing. Doug also shares real-life examples of the risks and challenges faced by Americans living outside the US, emphasizing the need for specialized knowledge in navigating tax issues and financial planning. If you're a cross-border investor or planning to become one, this episode is a must-listen as Doug delves into the importance of working with a cross-border investment advisor who can provide the comprehensive understanding and guidance you need. If you're not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug's free ebook The Retirement Planning Book.

How do you think Bill Gates' financial advisor would have advised him regarding the concentration of his wealth in Microsoft stock? Welcome to another episode of The Goldstein On Gelt Show with your host, Douglas Goldstein. In this episode, Doug dives into the topic of over-concentration in investment portfolios. He discusses: The risks and little benefits associated with being heavily invested in one or two positions The importance of diversification and the potential consequences of neglecting it Stories of real life clients who found themselves in precarious situations due to over-concentration PLUS! Practical advice on how to avoid falling into this common investment trap. So, if you're looking to build a strong and well-diversified portfolio, stay tuned as Doug offers his expert insights on this critical topic. If you're not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug's free ebook The Retirement Planning Book.

Nearly everyone has heard of stocks and bonds, but sometimes investors feel that they could profit more from alternative investments. This week Doug chats with Stefan von Imhof, co-founder of Alts.co, about alternative investments. Stefan believes that alternative investments are a powerful way to grow your money, compared to other investment classes. Learn about active quick flips, passive buy & holds, and cashflow-producing assets. Listen to the show to learn about investments that are on the opposite end of the spectrum… the more conservative, but not boring, Certificates of Deposit (CDs). If you're not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug's free ebook The Retirement Planning Book.

Doug discusses his recent meeting with someone who received an inheritance. Not only did the guy receive significant funds, but the inheritance included financial disorganization. The father's investments were scattered in different companies, private equities, and over 20 physical stock certificates. His investment portfolio was not only big, but a big mess! Both generations' disorganization caused the inheritor to lose huge sums of money. Listen to find out the 5 things you must do to keep track of your investments. If you're afraid your own disorganization may be causing you to lose money, click here for an excellent article you can read on the topic. If you're not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug's free ebook The Retirement Planning Book.

Just because stocks are tumbling doesn't necessarily mean that all is lost. Sophisticated investors know how to use a down market to up their portfolio.  Listen to the podcast to learn three ways that you can benefit from a falling market. 1. Pretend you're a farmer and harvest! Tax loss harvesting means selling stocks at a loss and matching that loss against capital gains to minimize capital gain taxes. No one likes to pay taxes, and no one likes stocks to lose value, but tax loss harvesting manages to lessen the negative blow of two potentially unpleasant situations. While savvy investors often use tax loss harvesting at the end of the fiscal year, you can implement this strategy anytime. 2. Take advantage of the stock sale. What does it mean when the market is oversold? Simply put, it means prices have dropped further than they probably should have. When the markets climb, investors who want to lock in their profits sell their stocks. If too many investors sell at once, the market drops; it is oversold. Turn this to your advantage, and talk to a licensed financial advisor about buying additional shares at the lower price. 3. Keep a large cash reserve. Some investors want every penny of their savings invested, thinking that means their money is working the hardest. However, if you don't have available cash to buy a bargain (see the point above), you might lose out when a buying opportunity presents itself. Note that a large cash reserve meant for investment is not an emergency fund. No need to get down about a down market, there are strategies that you can use to your advantage. If you're not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug's free ebook The Retirement Planning Book.

Does the price of a stock really matter? Many people look at the price of a share before deciding whether to buy that particular stock.  Should you follow your instinct and consider the price of a stock before deciding whether to buy it or not?  When buying a stock one of the factors that one needs to take into consideration is the PE ratio, the price per-earnings ratio of the company. The PE ratio is the calculation of how much a company earns divided by the price of the company. Listen to today's episode to learn how to calculate a company's PE.   Once we understand why people are willing to pay 10, 30, or even 400 times earnings, ask why should someone do that? If I can pay a cheaper price for a similar stock, why should I buy the more expensive one?  The answer is different people look at  stocks differently. Beauty is in the eyes of the beholder; what is important to one person may not be as important to someone else.  The most important thing to keep in mind is that if the PE ratio is very different, probably the stocks aren't exactly the same. When investors are willing to buy stocks at higher PE ratios, it's often because they believe that the company will increase its earnings, and, once that happens, the initial price of the stock will rise, and they can walk away with a profit. Let us know if you look at the PE ration before you buy a stock. Efraim is a business student, former IDF officer, and an entrepreneur, head of “A Day with an Officer.” Contact him at: efraim@goldstein.co.il   If you're not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug's free ebook The Retirement Planning Book.

Periods of high inflation are tricky for investors because people don't know how much their dollars will be worth in the future. Today, Doug talks about the two main myths about how to invest when inflation is high: Buying gold – Some people believe that the price of gold goes up during periods of high inflation. But that's not always true. Buying real estate - Some people think that in times of high inflation it is a good idea to invest in real estate. Doug explains why it is important to be careful that you aren't buying into a bubble which is reminiscent of the 2008 crash.  Have you considered that being invested in the stock market could be a hedge against inflation? Equities may be a good inflation-fighting strategy since being in the market when inflation is high is “riding the wave” of the money that's being pumped into the system. But be careful! Efraim is a business student, former IDF officer, and an entrepreneur, head of “A Day with an Officer.” Contact him at: efraim@goldstein.co.il   If you're not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug's free ebook The Retirement Planning Book.

Your labor assets (your salary + future potential salary) might be your most important financial asset. Doug McCormick, the author of Family Inc., joins the show and explains how the CFO of your family should manage financial decisions, from labor decisions to estate planning. Are you the CFO of your family? Do you know how to take a big picture view of your family’s assets? Doug McCormick takes a holistic view that includes all aspects of family finances, including your labor asset – how much you can earn. The key is to think big, identify all your assets, and make sure that they work together. Does your family need a trust? Trusts date back to medieval England and the Crusades when knights entrusted the priests of the church to take care of their property while they were gone. The idea behind the creation of a trust is to depend on someone else to look after your property with your best interest in mind. Listen to learn about the different personalities involved in setting up a trust: the settler and the trustee. Benefits of having a trust include avoiding probate. Trusts also maintain privacy and can make things easier. To learn more about Doug McCormick visit FamilyInc.com or follow him on Twitter @doug_mccormick. You can also read his book Family Inc.. If you’re not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug’s free ebook The Retirement Planning Book.

Looking for exponential growth in your investments? The secret may be to start saving early. Beth Kobliner, The New York Times bestselling author of Get a Financial Life shares insights into millennials and their money. Beth and Doug discuss the financial pitfall of student loans and how having better information can help prevent unnecessary debt. They also talk about how millennials can grow their nest eggs by beginning saving and investing while they are still young. Why it’s important to have a basic understanding of how to manage your own money If you receive an inheritance, chances are in addition to receiving funds, you’ll also get a lot of financial advice from well-meaning family and friends. But some of their advice may not be appropriate for your situation. How can you sift through the advice and figure out what is relevant or not? If you have a clear understanding of basic money management and what realistic investment returns are, you’ll be in a much better position to decide what to do with your inheritance. Triage your response to first deal with urgent needs, then basic needs, and only then develop a financial plan that addresses your wants. To learn more about Beth Kobliner visit www.BethKobliner.com or follow her on Twitter @BethKobliner. You can also read her book Get a Financial Life or connect with her on Facebook @BethKobliner. If you’re not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug’s free ebook The Retirement Planning Book. You can also watch Doug’s interviews on his Youtube channel.

Should investors increase portfolio risk and always look for the highest yielding products? Every investment has risk – the question is what level of risk is best for you. Smart money decisions are based on your personal tolerance for risk, and having a conservative view on investing is not necessarily a bad thing. Sometimes it may be wise to increase your portfolio risk in order to make more money, but more frequently than not, Doug advises clients against needlessly increasing risk in their portfolios. Doug encourages investors to be sure they are comfortable with their investment decisions. Conservative investors may find that consulting a brokerage firm before purchasing “safe” investments like CDs (certificate of deposits) can help them. An advantage of buying CDs is that they are FDIC insured up to $250,000. But what happens if you want to own more than $250K worth of CDs? Can you still be insured? Listen to the podcast to learn how you can buy more CDs and possibly get better returns. [Learn about how deposit insurance works at www.fdic.gov.] If you don’t feel good about your investments, it’s a sign that they aren’t the right investments for you. Ever wonder about the origin of money? Kabir Sehgal, author of the New York Time’s bestseller, Coined: The Rich Life of Money and How Its History has Shaped Us. Kabir studies the history of currency and how societies affect their country’s financial situation. He defines what money really is, and discusses why the future of traditional money is pretty secure. No need to trade in your cash for bitcoins! To find more about Kabir’s book, Coined: The Rich Life of Money and How Its History has Shaped Us visit his website www.kabir.cc.   If you’re not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug’s free ebook The Retirement Planning Book. You can also watch Doug’s interviews on his Youtube channel.

Most investors think they have “safety of principal” in their portfolios… do you? Did you tell your broker you want to focus on safety in your investments? If so, does your portfolio reflect your ideal risk/safety level? Doug stresses the importance of having clear communication with your broker. An investor must understand their own investments, and make sure they are appropriate. The best tool for a conservative investor may be CDs (certificates of deposits.) Doug lays out the benefits and different types of CDs. If “safety” is a major concern for you in your investments, then Doug has some helpful tips. Keep your loved one’s estate out of probate Ronald Farrington Sharp is an estate planner and the author of Living Trust for Everyone. Ronald explains how to avoid probate when a loved one passes on, and how to steer clear of unnecessary red tape. Doug and Ronald discuss the difference between a “will” and a “trust” and what the ideal situation is for each of these arrangements. To read more about the uses of trusts you can find Ronald’s book Living Trust for Everyone on Amazon. If you’re not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug’s free ebook The Retirement Planning Book. 

Can a conservative investor find predictable investments? An investor who wants to limit risk has two options for predictable investments: CDs (certificates of deposit) and bonds. Doug explains what bonds are and the pros and cons of owning bonds. Although bonds are frequently considered one of the safer types of investments, there is a catch… the institution could call the bond back. Doug clarifies what that means, and asks if that’s a risk you want to take. To learn more about bonds, watch the Bond Ladder mini course available on Doug’s corporate site, Profile-Financial.com. How to avoid the biggest mistake new retirees make Ken Heise, president of the Heise Advisory Group in St. Louis, MO and co-host of the podcast Your Retirement Highway joins the show to discuss retirement. Ken realizes one major mistake that new retirees make...poor budget planning, and shares how to create a realistic budget for retirement. Get your budget and finances ready for your post-working years. Check out Ken’s radio show at yourretirementhighway.com. You can also find him at heiseadvisorygroup.com. "Ken Heise offers investment advisory services through AE Wealth Management (AEWM). AEWM and Heise Advisory are not affiliated companies. Investing involves risk, including the loss of principal. Heise Advisory is an independent financial services firm helping individuals create retirement strategies using a variety of investment and insurance products to custom suit their needs and objectives. Neither the firm nor its agents or representatives may give tax or legal advice. Individuals should consult with a qualified professional for guidance before making any purchasing decisions." If you’re not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug’s free ebook The Retirement Planning Book.

Believe it or not, common investing mistakes that can come back to haunt even the most conservative investor. Doug shares the story of a couple who were financially secure in their investments, but still made 3 very common mistakes. Listen to hear these mistakes and how Doug suggests to avoid them. Most importantly, he stresses the need for a licensed financial advisor who works with people who have similar needs to your own. Get out of the paycheck-to-paycheck cycle! The Financial Rock Star and author of 99 Minute Millionaire, Scott Alan Turner, discusses the financial mistakes he made in the beginning of his career. He and Doug explore the topic of why financing with a credit card is a bad idea. They also suggest how to change your spending habits, and why you should consider early retirement. Scott mentions some smart lessons from other financial advisors he put to good use. If you are struggling with living paycheck to paycheck, tune in for some sound advice! To learn more about Scott Alan Turner visit his website at scottalanturner.com. If you’re not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug’s free ebook The Retirement Planning Book.

Many Israelis come to Doug’s office and ask, “Am I ‘allowed’ to own a US brokerage or IRA (Individual Retirement Account?)” The answer to the question is yes. Doug discusses how a non-US citizen can own a U.S. financial account and why international investors may want to keep money in dollars. Doug explores the benefits of having a U.S. brokerage account. If you want to learn more about opening a U.S. brokerage account go to Doug’s corporate website profile-financial.com. Morningstar’s rating system is just a guideline Christine Benz, director and senior columnist of Personal Finance for Morningstar, explains their rating system for mutual funds. Morningstar researches mutual funds and rates them with stars to give investors a visual guideline of their performance. Christine advises why an investor shouldn’t only rely on Morningstar’s research, but should also do their own. She also breaks down the difference between index funds and exchange traded funds (ETFs). To learn more about mutual funds, read Christine’s book Morningstar's 30-Minute Money Solutions: A Step-by-Step Guide to Managing Your Finances. To check out what Morningstar offers investors visit morningstar.com. If you’re not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug’s free ebook The Retirement Planning Book.

Everybody wants to make more money in investing, but do you really need to? Investing is a personal choice that you should be able to customize to your own needs. Some people invest for growth while others just want to maintain their principal. Financial journalist Miranda Marquit shares her own investment challenges. Miranda describes the life of a freelancer and how saving money can be difficult. She explains her money saving approach as well as why index investing fits her needs. The 3 rules of thumb about investing Doug explains why you need to keep an eye on your investments. He has 3 rules of thumb to remember about investing. Listen to the podcast to find out what they are. You should plan your investments around your life, not the other way around. Follow Miranda Marquit’s financial advice at plantingmoneyseeds.com, and listen to her co-host The Money Tree Investing Podcast with Doug. If you’re not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug’s free ebook The Retirement Planning Book.

Tim Prosch, author of The Other Talk, discusses why he wrote his book. The Other Talk refers to the conversation every parent should have with their adult children about their end-of-life wishes. It’s hard to have these conversations, and Tim’s book is meant to be a catalyst to begin this important dialogue. You’ll hear the negative consequences of what may happen if you avoid this talk, and get practical pointers on how to get the discussion rolling. Invest for your children’s future Are you thinking about investing money for your kids so you can give them a milestone gift for graduation or a wedding? Planning a milestone gift can be difficult for parents. Doug offers a smart way to invest in order to have enough cash at life’s milestones. Learn how to set up investments for your children, so they won’t have access to the money before the intended time. Avoid the common mistakes parents make when they invest in their kids’ futures. Doug covers some of those mistakes and has some useful strategies in planning gifts for the future. Learn more about Tim’s work at www.theothertalk.com. If you’re not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug’s free ebook The Retirement Planning Book.

Do you own stocks, and if you do, do you understand stocks? Some people don’t even know they own stock! For instance, if you are a mutual fund owner, you might also own stocks. Since you may be a hidden stock owner, it’s important to understand how stocks work. Doug explains what a stock is, how to pick the right stock for your portfolio, and how “price earnings ratio” affects stock prices. Jackson Grant Investment Advisors Chief Investment Officer, Julie Jason, joins the show to discuss how to ask the right questions before making an investment decision. After all, different people need different investments, so you should ask the questions that are appropriate for you. Learn why risk and goal setting are the cornerstones of investment decisions. Don’t get fooled by “fool's gold” dividends! Doug explains dividends and why high dividends are often a trap. Learn how it’s easy to be fooled by high dividends. How can you determine if a high dividend is worth the risk?   To learn more about stocks visit www.profile-financial.com/videos. To learn more about Julie Jason’s book go to juliejason.com.   If you’re not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug’s free ebook The Retirement Planning Book. Also, Doug would like to know, why do you listen to Goldstein on Gelt? If you have an answer, he’d love to hear it!

American tax laws originally enacted to combat money laundering and terrorism adversely affect the millions of American citizens living abroad. Colleen Graffy, a former United States Deputy Assistant Secretary of State for Public Diplomacy and Professor of International Law at Pepperdine University, explains why FATCA (Foreign Account Tax Compliance Act) restrictions are unfair to law-abiding U.S. expats. Did FATCA lower the value of U.S. citizenship? Follow Colleen Graffy on Twitter @Colleen_Graffy Whether FATCA applies to you or not, you need to prepare for retirement. Consider whether dividend-paying stocks are appropriate for retirement savings. Find out more, and also how to download a free copy of The Retirement Planning Book, written by Douglas Goldstein CFP®, by listening to today’s show.

What do you need to do to have a financially successful retirement? Even if you’re lucky enough to receive a work and/or government retirement pension, chances are it won’t cover all your expenses. That is why folks increasingly depending on their investment portfolio to sustain their retirement. Have you set up your investment portfolio for success? The free resource “Do These 4 Things to Have a Financially Successful Retirement” is a must-read for anyone who wants a financially successful retirement. Read the list and begin to create the retirement you want. Download free resource: Do These 4 Things to Have a Financially Successful Retirement   Connect with a financial advisor Have unanswered financial questions? Contact The Goldstein on Gelt Show to either have a financial question answered on the show or a question answered personally by Doug. If you’re interested in more information on retiring, sign up now to receive updates on new episodes and receive Doug’s free ebook The Retirement Planning Book.

Everyone wants a successful investment portfolio – but the definition of a successful investment portfolio is different for everyone. What would need to happen in order for YOU to consider yourself successful at investing? Do you need to redefine your definition of success or redesign your portfolio? Download the free resource “Three Tips for a Successful Portfolio” which gives three simple tips to help optimize your portfolio to help it meet your investment goals. Remember, a successful investment portfolio isn’t only measured by the total on your monthly statement. A truly successful portfolio enables you to live the lifestyle you want, be it steady dependable income, disposable income, or peace of mind. Download free resource: Three Tips for a Successful Portfolio Investing for retirement Have you started planning for your retirement? What would your ideal retirement look like? if you need some motivation to begin your retirement planning. If you’re not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug’s free ebook The Retirement Planning Book.

When should you speak with a financial advisor? While you should always speak with a financial advisor if you have unanswered questions about your investments, that is not the only time you should consult with a financial professional. To find out when you need to get professional financial advice, listen to this podcast, and then download the free resource 4 Times You Should Speak with a Financial Advisor.   Finding a financial advisor How can you find a financial advisor that is the right fit for you? Ideally, a financial advisor should understand your specific investment needs, like what type of investor are you? How is your portfolio set up? Financial advisors may not be able to predict market movements, but they can educate clients on the potential of their investments. If you’re not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug’s free ebook The Retirement Planning Book. Download free resource: 4 Times You Should Speak with a Financial Advisor

Did you inherit money from abroad and are having difficulty collecting the assets? Receiving an inheritance from abroad can be complicated. Claiming an inheritance is full of bureaucracy, as each organization has to verify the beneficiary’s identity. If you’re a beneficiary to an account in another country, the rules and regulations different firms have are complicated. In order to simplify the process, download the free resource “How to Claim an Inheritance from Abroad.” There are a series of steps an investor can take to make receiving their inheritance easier. The Inheritance Book was written for investors living in Israel receiving an inheritance from the United States. The book is a step-by-step guide for the inheritance process. You can buy the book on Amazon. Download free resource: How to Claim an Inheritance from Abroad If you’re not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug’s free ebook The Retirement Planning Book.

Does your American brokerage firm want to end your relationship because you live in Israel (or anyplace else other than the USA)? Why would a U.S. broker not want to work with an account with a foreign address? Brokerage firms in the United States may drop clients living in Israel because of the fear of not knowing their client properly and extra bureaucracy involved in having clients who live overseas. However, it is not against the law for folks living overseas to have American brokerage accounts. If you’re an expat investor who has been dropped by your U.S. brokerage firm, you need to find a cross-border firm that specializes in clients similar to yourself. Look no further…. Living in Israel but investing in the United States? Trying to find a licensed financial advisor with cross-border expertise who can open an American brokerage account for you? If so, then you should download the free resource “Retirees Fired by Their Brokers in America.” The resource is a summary of what Israeli clients should do if their U.S. financial advisor drops them. Download free resource: Retirees Fired by Their Brokers in America If you’re not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug’s free ebook The Retirement Planning Book.

Are you interested in increasing your retirement income? After retirement, retirees typically support themselves on their work pension, government pension, and investments. Unfortunately for most retirees the sum isn’t enough, and they need ways to increase their retirement income. Are you receiving enough income from your investment portfolio? There are ways to organize your investments in order to increase income. For investors who are looking to increase their retirement income, Doug outlines their options. Changing your investment portfolio Have you considered different types of income producing investments such as CDs, bonds, and dividend paying stocks? Download the free resource How Can You Increase Your Retirement Income. The resource is a comprehensive overview of how to increase your retirement income. If you’re not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug’s free ebook The Retirement Planning Book. Download free resource: How Can You Increase Your Retirement Income

Do you keep money in the bank and not the stock market? Having money in the bank can offer investors a sense of security. But, leaving money in the bank can impact your long-term financial plan. There are times when it’s appropriate to keep the bulk of your savings in the bank, and other times when investing in the market may be a better alternative. The right answer as to what you should do with money in the bank depends on your financial goals, your risk tolerance, and your time frame. Doug created the free resource What Should You Do With Money in the Bank. The summary features the advantages and disadvantages of keeping your money in the bank. Download it now! Download free resource: What Should You Do With Money in the Bank   Getting into the Stock Market What kinds of risks are you interested in taking as an investor? Today’s episode explains how investment decisions are dependent on an investor’s personal interest in risk. If you’re not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug’s free ebook The Retirement Planning Book.

Have you recently received an inheritance? Did you inherit a brokerage account, an IRA, a bank account, real estate, or property in Israel? Receiving an inheritance can be complicated. Each type of asset has its own way of being passed onto the heir. Inheriting an IRA is different than inheriting other assets, and in order to maintain the tax-beneficial status the paperwork needs to be done in a specific manner. Download the free resource, “What You Need to Do After You Inherit an IRA” which summarizes the specifics of inheriting an IRA. Receiving an inheritance The Goldstein on Gelt Show highlights the specifics behind receiving different inheritances.. Have an unanswered question about inheritances? Reach out to The Goldstein on Gelt Show through the Contact Us bar on the homepage and get answers to your financial questions. If you’re not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug’s free ebook The Retirement Planning Book. Download free resource: What You Need to Do After You Inherit an IRA

Why is retirement Israel is different than retirement in America, or anywhere else on the globe? It’s because retirement plans need to be specific to individuals. Your retirement plan should reflect your individual goals and the current size of your nest egg. If you’re an American living in Israel and having a difficult time working with an American firm, it may be time to switch to an Israeli company that can help you keep your dollar assets and retirement accounts in an American brokerage firm. Retirement in Israel doesn’t mean you have to give up the benefits of an IRA account. It just means you need the advice of a CFP (Certified Financial Planner) who understands cross-border investing and your individual situation. In order to create a long-term financial plan you need to find a balance between growth and risk. The toolkit, “Opening U.S. Brokerage Accounts from Overseas,” a financial guide on brokerage accounts for U.S. investors living in Israel might also help make a difference financially. Rethink your retirement Download the free resource, “What Every American Who Retires in Israel Should Know”. The resource is a summary of retirement in Israel. Have you recently moved to Israel from the United States? Transform your future. Download the free resource and rethink your retirement. The toolkit, “Opening U.S. Brokerage Accounts from Overseas,” a financial guide on brokerage accounts for U.S. investors living in Israel might also help make a difference financially. Download free resource: What Every American Retiring in Israel Should Know If you’re not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug’s free ebook The Retirement Planning Book.

Do you have enough money to retire and be financially secure? How do you even know what “enough” money is? Thinking about your retirement can be overwhelming, and it is natural to be concerned about retirement. The good news is the more carefully you plan for retirement, the more likely you’ll be able to make it financially. If you’re worried about retirement, download the free resource, “You’ll Have a Spectacular Retirement If You Know This One Thing.” This resource highlights the most important spending habits during retirement. How can you create a sustainable financial plan? Creating a comprehensive financial plan requires careful thinking about what you want your retirement to look like. You need to know your goals before you can attach a dollar amount to them. Independence in Retirement The Goldstein on Gelt Show is hosting a free webinar, “Three Steps to Financial Independence in Retirement.” Don’t procrastinate planning for retirement – the webinar is today! Register now, even if you can’t make it, and we’ll send you a link to the replay. If you’re not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug’s free ebook The Retirement Planning Book. Download free resource: You’ll Have a Spectacular Retirement If You Know This One Thing

What is the best way to plan in order to achieve a financially secure retirement? Is there a secret that wealthy people have that “ordinary folks” can imitate? A financially secure retirement is determined predominately by a person’s savings and investments. As you get older and your savings increase, the features of your investments should change. Take stock of where you are now, and determine a retirement plan that could serve you in the future. Listen to the podcast to find out which financial decisions will directly impact your retirement. The Goldstein on Gelt created the free resource, “What Wealthy People do to Insure a Financially Secure Retirement” as a financial guide for retired life. If you need help beginning your retirement plan, or want a reality check to make sure you’re doing the right things, download the resource now. Free Download: What Wealthy People do to Insure a Financially Secure Retirement” Trying to retire? I’m hosting a free webinar, Three Steps to Financial Independence in Retirement on December 20th. The webinar will be a financial conversation surrounding retirement. Register now: profile-financial/live. If you can’t attend the live webinar, sign up for the to receive a recording.   If you’re not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug’s free ebook The Retirement Planning Book.

What You Need to Know About Premium Bonds By Douglas Goldstein, CFP® - helping olim handle U.S., IRA, investment, and brokerage accounts from Israel Premium bonds may be a good investment choice for retirees looking to increase their income. (For solutions to other problems retirees face, download a free copy of The Retirement Planning Book at www.profile-financial.com/rpb.) Consider premium bonds In today's low interest rate environment, if you park your money in bank deposits or money markets, the interest you receive generally will not be enough to pay your bills. Even leaving a million dollars in Certificates of Deposit (CDs) in a bank will only generate a few thousand dollars a year of spending money. So how can retirees supplement their income without too much risk to their principal? A solution may be to purchase bonds, especially “premium bonds.” Buying a bond means lending money to a country or a company. In return using your money for a set period of time, they pay you interest. Since bonds are not as safe as bank deposits, they generally pay a higher yield. Some bonds issued previously offer high “coupon rates.” They may be higher than what newly-issued bonds pay today. Since everyone wants to get a higher interest rate, these high-coupon bonds sell at a premium price. By buying a premium bond, you get more cash flow from your investments than if you buy a bond at par or at a discount. When the premium bond matures, you won't get the same amount back that you paid. But you will have received more cash flow every year, which means that you have effectively achieved your goal. Premium bonds are not for everyone, and they carry risks, but anyone who is looking for income should consider if they are appropriate for their individual situation. For more information about how to have a financially stronger retirement, download a free copy of The Retirement Planning Book at www.profile-financial.com/rpb. Alternatively, call me on 02-624-2788 and let's start talking about the best way to get income from your investments. Douglas Goldstein, CFP®, is the director of Profile Investment Services, Ltd. www.profile-financial.com. He is a licensed financial professional both in the U.S. and Israel. Call (02) 624-2788 for a consultation about handling your U.S. investments from Israel. Securities offered through Portfolio Resources Group, Inc. Member FINRA, SIPC, MSRB, FSI. The opinions expressed are those of the author and not those of Portfolio Resources Group, Inc. or its affiliates.

Problems With Your U.S. Brokerage Account? By Douglas Goldstein, CFP®   Many readers have recently contacted me because they received a letter from their U.S. brokerage firm informing them that either “You can no longer purchase additional shares of mutual funds in your account,” or “We will no longer provide investment advisory services to you and/or you may only enter liquidating orders or non-solicited orders in your account.”   This letter is not a result of new American legislation; rather it means the brokerage firm handling your portfolio is no longer interested in working with clients living outside the United States. Don't despair. There are solutions that can possibly even improve your situation.   What action step you should take Even if you can't continue to work with your existing brokerage firm, you do not need to cash out your American account.  Rather, work with a firm that specializes in opening brokerage accounts for clients who have an Israeli address (see www.profile-financial.com/faq for details). Then, transfer over assets “in kind” to the new account. The new account (whether a joint account, individual account, IRA, or other type) can be an exact replica of the old account, unless you wish to change your investment structure. By moving everything over in kind (without selling) there are no tax consequences or reporting requirements.   Basically, after signing new account paperwork, a client's assets are easily transferred over to the “cross-border-friendly” U.S. brokerage firm. Within one month, clients get a brokerage statement from their old brokerage firm, and the next month they get the statements from the new firm (which they could also choose to get online for free).   If you receive a letter inviting you to leave your existing company, look at this as an opportunity to review your financial plan as well as your investments with an investment advisor who is licensed both in the United States and in Israel.   Douglas Goldstein, CFP®, is the director of Profile Investment Services, Ltd. He is a licensed financial professional both in the U.S. and Israel. Securities offered through Portfolio Resources Group, Inc., Member FINRA, SIPC, MSRB, SIFMA. Accounts carried by Pershing LLC., Member NYSE/SIPC, a subsidiary of The Bank of New York Mellon Corporation. His newest book, The Retirement Planning Book, is available at www.profile-financial.com. Call (02) 624-2788 for a consultation about handling your U.S. investments from Israel. The opinions expressed are those of the author and not necessarily those of Portfolio Resources Group, Inc. or its affiliates.