Podcasts about roth iras

Take the next step in your retirement planning. Tune in to the latest episode of the Retire Sooner Podcast with Wes Moss and Christa DiBiase, where you'll hear thoughtful, real-world insights designed to help you make informed financial decisions and pursue a more confident, purposeful retirement. • Explore ways to optimize Social Security benefits, including timing strategies, spousal considerations, and personalized withdrawal approaches. • Understand common sources of retirement anxiety, even among high-net-worth individuals, and consider approaches for managing emotional and financial uncertainty. • Learn how trusts can support estate planning goals, from avoiding probate to managing real estate assets within your long-term financial plan. • Consider retirement account strategies such as the Rule of 55, Roth conversion timing, and prioritizing tax-efficient cash flow. Review your investment mix by comparing target date funds and balanced funds, and evaluate which may better align with your risk tolerance and retirement timeline. • Weigh different withdrawal strategies by comparing the timing of distributions from retirement accounts versus claiming Social Security. • Examine how 529 plans and Roth IRAs may fit into your education and retirement planning—especially if you're part of a high-income household navigating recent tax law changes. Compare the structure and features of S&P 500 mutual funds and ETFs to help determine which may be more appropriate for your investment preferences.

That tax refund you're celebrating? It might not be the win you think it is. In this episode, CPA Steven Jarvis breaks down common tax misconceptions and steps you can take to avoid overpaying the IRS. He shares tax planning strategies and tips to make smarter decisions all year long, from how withdrawals can impact your tax bill to where the true amount you're paying in taxes each year can be found. Plus, find out why free tax software might be costing you more than it saves and how recent legislation is changing the rules around inherited money. Tune in to learn how a little strategy can save you a lot of stress and money come tax time! Topics discussed: The biggest tax misconception How to plan for taxes year-round How withdrawals impact your taxes Long-term tax planning and retirement Traditional vs. Roth IRAs and their impact on taxes Working with tax and money professionals How the SECURE Act has impacted inherited IRAs The pitfalls of using free tax software The most common tax mistakes Resources: Mitlin Financial: https://www.mitlinfinancial.com/ The JOY and Productivity Journal by Lawrence Sprung: https://www.amazon.com/JOY-Productivity-Journal-brought-mindset/dp/B0CYQFYW54/ Download Your Free Copy of the Couple's JOYful Money Guide: https://mitlin.us/CouplesJOY Connect with Larry Sprung:  LinkedIn: https://www.linkedin.com/in/lawrencesprung/ Instagram: https://www.instagram.com/larry_sprung/ Facebook: https://www.facebook.com/LawrenceDSprung/ X (Twitter): https://x.com/Lawrence_Sprung Connect with Steven Jarvis: LinkedIn: https://www.linkedin.com/in/stevenajarvis Retirement Tax Services Website: https://retirementtaxservices.com About our Guest: Steven Jarvis, CPA is the CEO and Head CPA at Retirement Tax Services, a tax firm focused on working with financial advisors to change the world one tax return at a time. In this role Jarvis spends his time working with real financial advisors and taxpayers to help find opportunities to not tip the IRS. Afterall, there are no patriotic awards for overpaying taxes. With over 10 years of experience (and counting) as a CPA, Jarvis has the hands-on experience to create actionable content for his audience. He has been featured in industry publications including Advisor Perspectives and regularly produces content for financial advisors through the Retirement Tax Services website and the Retirement Tax Services Podcast. His experience covers written content, public speaking at leading industry conferences and 3 years as an adjunct professor in the graduate business school at Whitworth University. Disclosure: Guests on the Mitlin Money Mindset are not affiliated with CWM, LLC, and opinions expressed herein may not be representative of CWM, LLC. CWM, LLC is not responsible for the guest's content linked on this site.

Financial strategist Gabriel Shahin, author of How The Rich Get Richer, joins Joe Pardavila to decode why "High Earners Not Rich Yet" (HENRYs) struggle to build wealth despite six-figure salaries. They explore why traditional financial advice fails tech executives, attorneys, and professionals in high-cost cities—revealing how commission-based models overlook this group and why Roth IRAs often trump traditional retirement accounts (avoiding the "tax time bomb"). Gabriel also unpacks the real math behind renting vs. homeownership in markets like LA or NYC and addresses Gen Z's skepticism about ever owning property. The conversation tackles wealth-building paradoxes: why the rich "waste" money on insurance, how billionaires justify private jets (hint: it's a "time machine"), and Warren Buffett's rule about making money "work while you sleep." Gabriel shares actionable strategies from his fee-only firm Falcon Wealth Planning, including why personal finance is more personal than finance, and offers a measured take on cryptocurrency's role in modern portfolios. Perfect for HENRYs seeking to convert income into lasting wealth!

Avination, welcome back to Episode 335 of the Pilot to Pilot podcast! Host Justin Siems sits down with aviation expert Jim Higgins, a former airline pilot and University of North Dakota professor, and Elise Dominguez, a Certified Financial Planner at Allworth Airline Advisors, for a deep dive into the airline industry and pilot financial planning. They unpack the cyclical nature of pilot hiring—citing 12,000–13,000 pilots hired in 2023–2024, now leveling to a still-strong 4,000–4,500 annually, per FAPA data. Justin shares his journey from a fractional company to a major airline, facing a $120,000 pay cut, while Jim reflects on his wife's choice to stay a senior FO for schedule flexibility. Elise offers actionable advice for pilots at every stage: new hires like a 24-year-old check airman should start saving early to leverage time, mid-career pilots should max out 401(k) contributions (increasing by 1% yearly) and diversify with Roth IRAs or taxable accounts, and those nearing 65 should explore catch-up contributions ($7,500 at 50, $11,250 super catch-up at 60–63). They also tackle the pilot retirement age debate—will it hit 67?—and how it impacts young pilots' seniority or senior pilots' earnings. From avoiding lifestyle creep to planning for “what if” scenarios like furloughs or early retirement, this episode is packed with insights to keep your aviation career soaring. Visit Allworth Airline Advisors for a free consultation to build your personalized financial plan!I hope you enjoy this podcast and if you're interested in reaching out for more financial information make sure you check out Allworth Airline Advisors!Hope to see you all at EAA Ariventure!JustinTakeaways: The state of the airline industry is currently experiencing a hiring slowdown compared to the record-high years of 2023 and 2024, but opportunities still exist. Elise emphasizes the importance of starting financial planning early in a pilot's career to build a solid foundation for retirement and future investments. It's crucial for pilots to diversify their investments outside of 401(k)s to avoid over-relying on employer-sponsored plans for retirement income. Discussing the emotional aspects of financial decisions is important, as pilots often need guidance to navigate the ups and downs of their careers and personal finance. Investing in a health savings account can provide significant tax advantages, especially for pilots with high deductible plans, making it a smart move for long-term financial health. Addressing the potential changes in the retirement age from 65 to 67, it's essential for pilots to consider the impact on their career plans and future earnings potential.

In this episode of Retire with Style, Alex Murguia and Wade Pfau explore key retirement planning strategies, including how couples can optimize Social Security benefits, what to do with surplus funds from bond ladders, and the potential benefits of purchasing single premium immediate annuities (SPIAs) from Roth IRAs. They highlight the importance of maintaining flexibility and tailoring strategies to each retiree's unique circumstances.   Takeaways Delaying social security can benefit the higher earner in a couple. The low earner has flexibility in claiming social security earlier. Using software can help determine optimal social security claiming strategies. Survivorship benefits are crucial in social security planning. Bond ladders are used for retirement income, not just reinvestment. Surplus funds from bond ladders can be invested in growth portfolios. Roth IRAs can be beneficial for purchasing SPIAs. SPIAs can provide tax-free income streams in retirement. Tax diversification is important in retirement planning. Real-life financial planning requires flexibility beyond strict rules. Chapters 00:00 Introduction and Overview 01:16 Social Security Strategies for Couples 06:41 Managing Bond Ladder Surplus Funds 16:29 Exploring SPIAs in Retirement   Links Explore the New RetireWithStyle.com! We've launched a brand-new home for the podcast! Visit RetireWithStyle.com to catch up on all our latest episodes, explore topics by category, and send us your questions or ideas for future episodes. If there's something you've been wondering about retirement, we want to hear it! The Retirement Planning Guidebook: 2nd Edition has just been updated for 2025! Visit your preferred book retailer or simply click here to order your copy today: https://www.wadepfau.com/books/ This episode is sponsored by McLean Asset Management. Visit https://www.mcleanam.com/retirement-income-planning-llm/ to download McLean's free eBook, “Retirement Income Planning”

On this episode of Retire Texas Style Podcast, Derrick discusses retirement and delves into the complexities of Social Security, the importance of budgeting, and the strategic use of Roth IRAs for tax benefits. The discussion emphasizes the need for proactive financial planning and the potential consequences of inaction, especially as individuals approach retirement age. Get Your Complimentary Retirement Analysis Social Media: Facebook I Twitter See omnystudio.com/listener for privacy information.

Dr. Erin Hudson shares her unique journey from being a chiropractor to a successful real estate investor. She discusses the challenges and pitfalls she faced in her transition, the importance of education and mentorship, and how she overcame obstacles to achieve success in the multifamily real estate space. Erin emphasizes the significance of teaching financial literacy to her children and leveraging investment tools like Roth IRAs. She also highlights the importance of building a strong team and creating innovative investment funds to navigate the current market challenges. Additionally, Erin discusses her involvement in the tiny house movement as a solution to affordable housing issues, providing valuable insights for aspiring entrepreneurs and investors.Takeaways• Erin transitioned from chiropractic to real estate investing.• She acquired 26 rental properties in just two years.• Overcoming challenges is crucial for success in real estate.• Multifamily investments offer better returns than single-family homes.• Teaching financial literacy to children is essential.• Roth IRAs can be leveraged for real estate investments.• Building a strong investment team is key to success.• Creating unique investment funds can help navigate market challenges.• The tiny house movement addresses affordable housing issues.• Networking and asking for support can lead to funding opportunities.Sound Bites• We created our own fund.• How would you like to be a bank?• I had locked up $300,000.Listen & Subscribe for More:

On this week's Money Matters, Scott and Pat dissect the Big Beautiful Bill's hidden surprises and spending concerns. They help uncover retirement savings strategies for a family with over a million in combined assets, explore the real winners and losers of the tariff policies, and offer sage advice to a fresh college grad navigating their first full-time salary. From lobbying power plays to Roth IRAs, this episode delivers practical insights for investing in today's market—at any stage of your career.   Join Money Matters:  Get your most pressing financial questions answered by Allworth's co-founders Scott Hanson and Pat McClain live on-air! Call 833-99-WORTH. Or ask a question by clicking here.  You can also be on the air by emailing Scott and Pat at questions@moneymatters.com. Download and rate our podcast here.

From humble beginnings as a Nebraska farm girl to becoming a millionaire mentor, Loral, joins host Chris Naugle on The Money School Podcast to share how she built an empire that's helped over 10,000 entrepreneurs secure their futures through smart investing, tax strategy, and family-focused legacy wealth planning.They dive into the truth about trusts, breaking down the critical role of structure and language in making sure your wealth lasts generations. You'll hear about Loral's “I'm Dead. Now What?” legacy document, how she set up Roth IRAs for her kids from birth, and her method of training the next generation to borrow from, not burn through, family money.Throughout the conversation, Loral emphasizes that legacy wealth planning isn't just about money, it's about values, vision, and the systems you put in place while you're still alive because whether you're rich or just getting started, legacy wealth planning begins with education, intention, and action.Loral's Takeaways:Career Transition and Current Focus (01:35)Challenges of Being a Road Warrior (02:51)Journey to Becoming a Millionaire Maker (05:46)Transition to Entrepreneurship and Real Estate (08:51)Importance of Trusts and Legacy Planning (11:25)Challenges of Trust Implementation (40:29)Legacy and Family Education (40:45)Economic Challenges and Financial Strategies (40:57)Meet Chris Naugle:From pro-snowboarder to money mogul, Chris Naugle has dedicated his life to being America's #1 Money Mentor. With a core belief that success is built not by the resources you have, but by how resourceful you can be.His success and national acclaim have come in large part to what he's learned first-hand from seeking a better way to wealth creation and preservation than he learned growing up.Chris has built and owned 19 companies, with his businesses being featured in Forbes, ABC, House Hunters, and his very own HGTV pilot in 2018. He is currently founder of The Money School™, and Money Mentor for The Money Multiplier.His success also includes managing tens of millions of dollars in assets in the financial services and advisory industry and in real estate transactions.As an innovator and visionary in wealth-building and real estate, he empowers entrepreneurs, business owners, and real estate investors with the knowledge of how money works.Chris is also a nationally recognized speaker, author, and podcast host. He has spoken to and taught over ten thousand Americans delivering the financial knowledge that fuels lasting freedom.From pro-snowboarder to money mogul, Chris Naugle has dedicated his life to being America's #1 Money Mentor. With a core belief that success is built not by the resources you have, but by how resourceful you can be.His success and national acclaim have come in large part to what he's learned first-hand from seeking a better way to wealth creation and preservation than he learned growing up.Chris has built and owned 19 companies, with his businesses being featured in Forbes, ABC, House Hunters, and his very own HGTV pilot in 2018. He is currently founder of The Money School™, and Money Mentor for The Money Multiplier.His success also includes managing tens of millions of dollars in assets in the financial services and advisory industry and in real estate transactions.As an innovator and visionary in wealth-building and real estate, he empowers entrepreneurs, business owners, and real estate investors with the knowledge of how money works.Chris is also a nationally recognized speaker, author, and podcast host. He has spoken to and taught over ten thousand Americans delivering the financial knowledge that fuels lasting freedom.Connect with Chris:

In this episode, Marty discusses the importance of maintaining control over one's financial future, addressing common insecurities many Americans face regarding their financial stability. He emphasizes the need for a comprehensive financial plan that includes understanding income sources, managing debt, and preparing for emergencies. The conversation also covers the benefits of annuities, the significance of not procrastinating in financial planning, and strategies for effective retirement savings. Marty encourages listeners to take proactive steps in their financial journey and offers his services for personalized financial planning. Reach Marty at 888-519-9096. Smart Money Solutions www.smartmoneysolutionsmn.com See omnystudio.com/listener for privacy information.

We're launching a game-changing (and free!) compound interest calculator to help you see exactly how your money grows. From hitting your first $100K to building a $7 million nest egg, we walk through real scenarios that show how small decisions today can make you rich tomorrow. Plus, your money questions answered - from Roth IRAs to risk management. ⁠⁠⁠⁠Jump start your journey with our FREE financial resources⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠Reach your goals faster with our products⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠Take the relationship to the next level: become a client⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠Subscribe on YouTube for early access and go beyond the podcast⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠Connect with us on social media for more content⁠⁠⁠⁠⁠⁠⁠ Bring confidence to your wealth building with simplified strategies from The Money Guy. Learn how to apply financial tactics that go beyond common sense and help you reach your money goals faster. Make your assets do the heavy lifting so you can quit worrying and start living a more fulfilled life. NordVPN.com/MONEYGUY Learn more about your ad choices. Visit megaphone.fm/adchoices

Most people know they should have a financial plan, but what should that plan actually look like? We break down a personalized financial strategy for every decade: 20s, 30s, 40s, and 50s+. You'll learn how to overcome key challenges, build smart habits, and make the most of your time, money, and opportunity. From wealth multipliers and Roth IRAs to estate planning and tax strategy, this is your financial roadmap - no matter your age. ⁠⁠⁠⁠Jump start your journey with our FREE financial resources⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠Reach your goals faster with our products⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠Take the relationship to the next level: become a client⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠Subscribe on YouTube for early access and go beyond the podcast⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠Connect with us on social media for more content⁠⁠⁠⁠⁠⁠⁠ Bring confidence to your wealth building with simplified strategies from The Money Guy. Learn how to apply financial tactics that go beyond common sense and help you reach your money goals faster. Make your assets do the heavy lifting so you can quit worrying and start living a more fulfilled life. NordVPN.com/MONEYGUY Learn more about your ad choices. Visit megaphone.fm/adchoices

Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Sonia Fears. First Vice President and Financial Advisor at Morgan Stanley. She leads The Fears Group, a wealth management team specializing in alternative investments, retirement planning, and financial education.

David McKnight addresses Doug Andrew's recommendation of turning your IRA into an IUL. David agrees with some of Andrew's views, including his objection to rolling a 401(k) into an IRA, and then leaving it there until you die. Given the exploding national debt, most experts predict that taxes 10 years from now will have to rise dramatically to keep the U.S. solvent… Doug Andrew lists Indexed Universal Life as his “favorite financial vehicle because of liquidity, safety, predictable rates of return, and tax-free growth”. David is skeptical of advice that denigrates every tax-free alternative within the IRS tax code in an attempt to glorify the IUL – which happens to be the product Andrew sells. While David recognizes some admirable qualities that are unique to IUL (and that no other financial tool has), he doesn't recommend having an IUL as the only prong in your tax-free strategy. David's preference is for you to opt for an approach that takes advantage of every tax-free nook and cranny within the IRS tax code. Many gurus are “married” to and recommend only one strategy. David, on the other hand, prefers “multiple streams of tax-free income, none of which show up on the IRS' radar, that contribute to you being in the 0% tax bracket.” David lists the unique qualities of financial tools such as Roth IRAs, Roth 401(k)s, Roth Conversions, and IULs. If you're someone who's looking for advice, David recommends being careful whenever someone recommends you liquidate a retirement account you've been saving into your entire life and move it wholesale into an IUL! Your ideal goal should be to have multiple tax-free income streams that will land you in or near the 0% tax bracket in retirement. Why is that so important? Because even if tax rates were to double, two times zero is still ZERO.     Mentioned in this episode: David's national bestselling book: The Guru Gap: How America's Financial Gurus Are Leading You Astray, and How to Get Back on Track DavidMcKnight.com DavidMcKnightBooks.com PowerOfZero.com (free video series) @mcknightandco on Twitter  @davidcmcknight on Instagram David McKnight on YouTube Get David's Tax-free Tool Kit at taxfreetoolkit.com Doug Andrew

Are you missing out on the tax strategy that could save you thousands and help build wealth for your kids?In this episode of Life Changing Money, Barbara is joined by her husband Matt for a fun but strategy-packed conversation on family wealth planning. They break down how to legally employ your children and spouse in your business for both major tax savings and long-term wealth building—including how to set up Roth IRAs, maximize retirement contributions, and use whole life policies for legacy planning.Whether you're a seasoned business owner or just getting started, this episode will open your eyes to the strategies the ultra-wealthy use—and how you can too.Tune in to hear:Why employing your kids is 100% legal and IRS-approved (and how to do it right)The real reason the government wants you to pay your childrenJob ideas for kids of all ages—from toddler shredding to TikTok managementHow to shift income to a lower tax bracket (hello, tax arbitrage!)How to invest your kids' paychecks to build generational wealthWhy a Roth IRA is more powerful than a 529 plan for college savingsHow to use life insurance creatively to fund big purchases later in life3 smart ways to legally involve your spouse in your business (without giving away 50%)The surprising benefits of setting up a Board of Directors—including destination “board meetings”Register for the Free Masterclass on Building Family Wealth: https://taxedacademy.com/family How To Get Involved:Life-Changing Money is a podcast all about money. We share stories of how money has impacted and radically changed the lives of others—and how it can do the same for you.Your host, Barbara Schreihans (pronounced ShREE-hands) is the founder and CEO of Your Tax Coach, and the creator of the Write Off Your Life Course. She is a top tax strategist, business coach, and expert in helping business owners and high-net-worth individuals save millions in taxes while increasing profits.When she's not leading her team, coaching clients, or dreaming up new goals for her company, you can find her drinking coffee, hanging out with her family, and traveling the world.Grab a cup of coffee and become inspired as we hear from those who have overcome and are overcoming their self-limiting beliefs and money mindsets!Do you have a burning question that you'd love to hear answered on a future show?Please email it to: podcast@yourtaxcoach.bizSign Up For Our NewsletterLife Changing Money PodcastGet Tax Help! 

Most retirees are surprised to learn just how differently their income is taxed once they stop working. From Social Security to pensions, IRAs, dividends, and even rental income, retirement brings a complex new tax landscape that can catch even the most financially savvy off guard. This episode is here to help you stay ahead of the curve. Joining SHP Financial's Matthew Peck is returning guest and financial advisor Mike Guthrie. With over 25 years in the industry, Mike breaks down the different sources of retirement income and how each is taxed—from qualified accounts, such as 401(k)s and IRAs, to brokerage accounts, Roth IRAs, and beyond. He highlights the common pitfalls people often fall into and why proactive planning is essential to avoid unpleasant tax surprises. By the end of this conversation, you'll have a clearer understanding of how tax buckets work, which withholding tax strategies make sense, and how tax laws can impact everything from Social Security to capital gains. Whether you're planning for retirement or already there, this conversation will help you navigate retirement income with more confidence, control and peace of mind. In this podcast interview, you'll learn:  Why not all retirement income is taxed the same—and how to plan accordingly. How interest, dividends, capital gains, and Roth withdrawals differ in tax treatment. What you can (and can't) withhold taxes from in retirement. The importance of proactive tax planning in avoiding April surprises. How strategies like Roth conversions, gifting, and timing Social Security can reduce your tax burden. Why personalized advice is critical because no two retirees face the same tax situations. Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit SHPfinancial.com/podcast Connect With Us on Social Facebook LinkedIn YouTube

This week's Ask Farnoosh mailbag includes timeless questions with a fresh twist:-What should you do after paying off your mortgage?-How to handle running out of tuition money when your child is in their third year of college.-Is it worth opening a second retirement account beyond your 401(k)?-And what's the real difference between a Roth IRA and a Roth 401(k)?

In this episode, I break down the ins and outs of hiring your children, spouse, and even other family members. Some highlights:Hiring Your Kids: The age at which your children can contribute meaningfully to your business and how you can set them up for financial success through tools like Roth IRAs and 529 plansThe Benefits of Hiring Your Spouse: How to maximize contributions to retirement accounts and the tax benefits that come with itNavigating Family Dynamics: I share my personal experiences and insights on what makes a successful working relationship and the potential mistakes to avoidTax Planning Tools: How to ensure that your hiring practices are compliant and beneficial for your tax situation, helping you set up your family for future success.--------------------------------------✅ Financial planning for 30-50 year old entrepreneurs: ⁠⁠⁠⁠⁠⁠⁠https://www.allstreetwealth.com⁠⁠⁠⁠⁠⁠⁠⁠⁠✅ My personal blog & newsletter: ⁠⁠⁠⁠⁠⁠⁠https://www.thomaskopelman.com⁠⁠⁠⁠⁠⁠⁠⁠⁠Disclaimer: None of this should be seen as financial advice. It is just for informational purposes.

Market Update: June 25, 2023 - Wall Street's Flat Day & Economic Insights In this episode of Dividend Cafe, Brian Szytel reports from the Grand Rapids office in Michigan on a relatively flat day in the financial markets. The DOW fell slightly by 106 points, S&P remained unchanged, and Nasdaq increased by 0.3%. Changes in oil prices and a ceasefire between Israel and Iran were also highlighted. Key economic updates include the potential for future tax legislation, upcoming tariff deadlines, and the Fed's possible rate cuts. Seitel also discusses how to position different assets in traditional IRAs versus Roth IRAs and delves into the recent decrease in new home sales. Upcoming economic calendar events include wholesale inventory numbers, durable goods orders, Q1 GDP revision, and pending home sales data. 00:00 Introduction and Market Overview 01:10 Market Movements and Economic Indicators 02:46 Investment Strategies for Different Accounts 04:27 Housing Market Insights 05:28 Upcoming Economic Events and Conclusion Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com

Don tackles the dangerous myth of “safe” high-yield investments, calling out misleading financial advice around covered call funds and non-traded real estate deals. He takes calls on 529 plans vs. UTMA, long-term care insurance pitfalls, robo-advisors for special needs planning, and a shady pitch for a fixed-indexed annuity disguised as a fiduciary recommendation. He ends with a birthday shoutout and a reminder of why good advice matters. 0:04 Greed and the myth of “safe” investments 1:27 Human desire for more with less risk—prime for exploitation 3:02 The illusion of safety: high-yield savings vs. riskier “alternatives” 3:50 Covered call funds are not safe—Don's own experience 4:42 Non-traded real estate and price illusion 5:22 Financial Flinch Reflex PSA 6:23 How to call the show and why listener questions matter 7:36 529 vs. UTMA for a newborn + Fidelity Zero Fund vs. FSKAX 10:44 529s can convert to Roth IRAs—huge benefit 11:15 Long-term care insurance: costs, limitations, and reality checks 13:57 Hybrid LTC policies: gimmicky, commission-driven 16:34 Premium examples: $5K to $10K/year for minimal coverage 17:53 Funding a disabled daughter's future using Schwab Intelligent Portfolio 19:50 Dollar-cost averaging lump sums? Don says no—invest now 21:12 Don on vacation guilt and cheap travel habits 22:24 529s owned by a trust—yes, and Utah's My529 gets Don's stamp 24:25 More trust pros and Utah's fee/vehicle advantages 25:42 Listener wary of FIA pitch for TSP rollover—Don smells fraud 27:48 The match, the cap, the “no annuity” claim—Don calls B.S. 29:24 How to verify if someone's actually a fiduciary 32:43 Why fixed-indexed annuities dodged SEC regulation 34:05 The real reason they're pushing 70% of your money into an FIA 36:00 Listener calls just to wish Don happy birthday 37:32 Don thanks his audience and reflects on why he keeps doing this Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of The AgView Pitch, host Chris talks with Mike Finley—financial educator, author, and advocate for long-term financial wellness. They dive into Finley's latest book The Path to Prosperity, which explores how families can build generational wealth by making smart financial decisions early in life. From the power of custodial Roth IRAs to breaking the cycle of generational spending, Finley lays out a clear, actionable blueprint for financial success rooted in discipline, education, and purpose. 

In this two-part episode, we're diving into strategies for building wealth as a modern parent. First, Kelly Palmer—a financial planner and founder of The Wealthy Parent—joins the show to break down how to choose a 529 plan. She shares the pros and cons of different education savings options, the impact of the new SECURE Act updates, and why she's a proud 529 mom herself. If you've been feeling overwhelmed by college savings decisions, this segment is full of clear, practical guidance. Then, in our Net Worth Win segment, Shang Saavedra from Save My Cents reveals how she and her husband built a net worth north of $2 million by age 39. From a revenge-of-the-nerd money mindset to embracing FIRE, Shang's story is packed with lessons on frugal living, dual-income saving strategies, and long-term thinking. Whether you're focused on education planning or financial independence, this episode delivers actionable tips and real-life inspiration. EPISODE RESOURCES Nectarine (Advice Only Financial Planners): ⁠https://marriagekidsandmoney.com/nectarine (affiliate) The Wealthy Parent: https://thewealthyparent.com  ⁠ Wealth is a Mindset (Book): https://amzn.to/3FQT0nh (affiliate) Save My Cents (Shang Saavedra's Website): https://savemycents.com/ CHAPTERS 00:00 – Introduction01:00 – How to Choose a 529 Plan05:20 – Tax Benefits and State-Specific Rules09:00 – SECURE Act Updates and New Roth IRA Rollovers13:45 – 529s vs UTMAs and Roth IRAs for Kids18:00 – Final Thoughts from Kelly Palmer20:30 – Net Worth Win: Shang Saavedra24:15 – The Mindset Shift Behind Wealth Building29:30 – Living on One Income and Saving the Other33:00 – Renting by Choice and Real Estate Insights36:00 – Teaching Generational Wealth Through Habits38:30 – Future Goals and Advice for Parents MKM RESOURCES: ⁠MKM Coaching⁠: Want 1-on-1 support with your family finance journey? Book a time with me today. ⁠Coast FIRE Calculator⁠: A free calculator to help you find out when you can slow down or stop investing for retirement. ⁠Mortgage Payoff Calculator⁠: A free calculator to help you see how fast you can become mortgage free. ⁠YouTube⁠: Subscribe for free to watch videos of these episodes and interviews. RECOMMENDED RESOURCES (SPONSORS AND AFFILIATES): ⁠Monarch Money⁠ - Best Budget App for Families & Couples ⁠Empower⁠ - Free Portfolio Tracker Cr⁠ew⁠ - HYSA Banking Built for Families - Get an Extra 0.5% APY with my partner link ⁠Ethos⁠ - Affordable Term Life Insurance ⁠Trust & Will⁠ - Convenient Estate Planning HOW WE MAKE MONEY + DISCLAIMER: This show may contain affiliate links or links from our advertisers where we earn a commission, direct payment or products. Opinions are the creators alone. Information shared on this podcast is for entertainment purposes only and should not be considered as professional advice. Marriage Kids and Money (www.marriagekidsandmoney.com) is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com. CREDITS: Podcast Artwork: Liz Theresa Editor: Johnny Sohl Podcast Support: Nev Maraj Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of "Your Investment Partners," hosts Garrett and Paul explore the foundational concept of diversification—what it is, why it matters, and how to approach it thoughtfully. They break it down into three main categories: tax diversification, time diversification, and type diversification. The discussion touches on how each helps manage risk, maintain flexibility, and prepare for the unknowns of both markets and life. With practical examples and long-term perspective, they guide listeners toward building a well-rounded, adaptable investment strategy.Key Points From This Episode ● Why diversification is a long-standing financial principle● The difference between having multiple advisors and actual diversification● Overview of tax diversification and the value of varied account types● Tax flexibility through Roth IRAs, taxable, and tax-deferred accounts● Understanding time diversification with short-, intermediate-, and long-term needs● The importance of aligning investment types with time horizons● Core principles of type diversification—stocks, bonds, real estate, crypto, and more● Balancing risk by layering speculative and conservative assets● Signs your diversification is working: peace of mind, flexibility, and stability● Using diversification to withstand emergencies and market swings Want to learn more? Contact us hereUseful Links Garrett on LinkedIn Paul on LinkedIn Ascend Investment Partners

In this episode, the importance of preparing for financial uncertainties in retirement, likening it to weatherproofing against storms. They explore the influence of social media on investment decisions, cautioning against following financial influencers without proper guidance. The conversation also touches on the psychological effects of spending habits, particularly in relation to the 'Target effect', and emphasizes the need for strategic tax planning in retirement, including the benefits of Roth IRAs. As the founder of Ashton and Associates, Abe Ashton has more than 20 years of financial planning experience helping thousands of families in Utah, Nevada, and across the country retire with confidence. Abe’s mission is to provide client-focused education and solutions to seniors and retirees, that help them achieve the retirement they’ve worked so hard for. To get more information on Ashton & Associates, or to schedule a consultation call, 435-688-9500 or visit AshtonWealth.comSee omnystudio.com/listener for privacy information.

Ever wonder how the rich keep getting richer—legally and tax-free? It's not luck. It's strategy. And it starts with knowing how to use a self-directed IRA to invest in real estate, private equity, and even startups—while keeping the IRS out of your profits.What if you could unlock the same wealth-building tools the ultra-rich use—without needing millions to start? On this week's Exit Strategies Radio Show, host Corwyn J. Melette sits down with Adam Bergman, CEO of IRA Financial Technologies and one of the nation's leading experts on retirement tax strategy.A former tax attorney with over 25,000 clients and $4 billion in managed assets, Adam explains how self-directed IRAs offer everyday people the freedom to invest in alternative assets—real estate, startups, private equity—and grow it all tax-free. This conversation breaks down the exact strategies smart investors use to build generational wealth and reclaim control of their financial future.Key Takeaways:01:56 Introducing Our Special Guest: Adam Bergman03:06 Adam Bergman's Journey to IRA Financial Technologies07:31 Understanding Self-Directed IRAs11:12 The Power of Roth IRAs14:41 Tax Strategies and Legacy Building with IRAs16:54 Collaborative Real Estate Investments with IRAs18:05 Leveraging Small IRAs for Bigger Investments20:25 Pitfalls to Avoid in Self-Directed IRA Investments22:28 Using Self-Directed IRAs to Start a Business27:53 Checkbook Control vs. Custodian Controlled IRAsThis isn't just about retirement—it's about freedom, control, and legacy. Don't let this powerful financial knowledge sit on the shelf. Tune in, take notes, and take action.Connect with Adam @:

Retirees who want to reduce their taxes in retirement can benefit from strategic conversions and transfers between traditional and Roth IRAs. As Peter with Richon Planning explains to Erin Kennedy identifying those key windows for Roth conversions can lead to significant tax advantages and a bigger nest egg! The top 5 times to consider a conversion are: 1. During Market Downturns  2. Anticipation of Tax Bracket Changes 3. Between Retirement and RMD Age 4. Experiencing a Low Income Year 5. Planning for Your Heirs Keep in mind, taxes are set to increase at the end of 2025. Now is the time to crunch the numbers and determine if a Roth Conversion is right for you. To walk through the pros and cons, and the tax implications, give Peter a call at (919) 300-5886 or visit www.RichonPlanning.com

In today's episode, we break down the key differences between Traditional and Roth IRAs and how they fit into the broader conversation about tax-advantaged retirement accounts. We'll discuss when it makes sense to choose Roth over Traditional (or vice versa), how tax brackets and future uncertainty play into the decision, and some general rules of thumb to guide your choice. Most importantly, we'll emphasize the importance of simply getting started with retirement savings—because delaying can cost more than making the “wrong” choice. We want your help in shaping the future of this show! If you have any questions, concerns, episode ideas, or want to get in contact with the hosts, use this link!⁠⁠⁠⁠⁠ www.dvmercy.com/faith-driven-finance⁠⁠⁠⁠⁠ Our Disclaimers: Faith-Driven Finances is owned and produced by Divine Mercy Radio and this episode is hosted by Ethan Lang, a principal with Launch Wealth. Launch Wealth at the time of this recording is a registered investment advisor primarily registered and offering advisory services in the State of Kansas, virtually across the country, and in other jurisdictions where exempt. Registration does not imply a certain level of skill or training. This show is made for informational purposes only and should not be intended as tax, legal, or investment advice. This information should not be relied upon as the sole factor when making investment decisions. Past performance is no indication of future results, and investment in securities involves significant risk. Launch Wealth does not warrant that the information on this episode will be free from error. For more information on our disclosures, visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠www.investwithlaunch.com/legal⁠⁠⁠⁠⁠⁠⁠⁠⁠.

In this no-BS, episode of The Extreme Personal Finance Show, Chris sits down with librarian, musician, and metalhead financial rebel Jessie May—author of Money Hacks for Metalheads and Old Millennials. From DIY gig life to decoding Roth IRAs and the broken promises of the American Dream, Jessie shreds through the noise to deliver practical, empowering money advice for those who feel like the system's working against them.What You'll Learn:Why investing felt intimidating—and how Jessie took control anywayHow bartering your skills can build wealth and band momentumWhat the new American Dream might look like todayWhy childcare, housing, and healthcare are crushing the middle classSmart tips for budgeting, saving, and keeping your freedomJessie's approach to low-cost investing (hello, VTI and S&P 500)The truth about systemic inequality, and financial literacy gapsWhy tracking expenses and using Google Sheets still slaysContact Chris:https://heavymetal.moneyhttps://www.facebook.com/MoneyHeavyMetalhttps://x.com/MoneyHeavyMetalhttps://www.instagram.com/chrislugerhttps://www.tiktok.com/@heavymetalmoneyemail: chris at heavymetal.moneyResources and Links:Money Hacks for Metalheads and Old Millennials: The Revised and Expanded Second Editionby Jessie May https://amzn.to/406ZC7GJessie's IG@jessiemayonthewebJessie's Substackhttps://jessiemay.substack.comOwl Makerhttps://www.youtube.com/@owlmakerSimple Path to Wealth: Your road map to financial independence and a rich, free lifeby J L Collins https://amzn.to/45u7ofEAmy Tung Barrysmith from Year of the Cobrahttps://www.facebook.com/amy.tung.barrysmith/Turkey Vulturehttps://turkeyvulture.bandcamp.com/album/dead-to-mehttps://www.youtube.com/@turkeyvulturebandJessie Mayhttps://jessiemay.bandcamp.com/album/this-dreamSubscribe to the podcast and leave us a 5-star review if you're ready to fight back against the financial system—with guitars, spreadsheets, and unapologetic energy.

Graduation season is an exciting milestone, not just for the grads, but for parents and grandparents who have supported them along the way. Today, Ryan wants to share practical ways you can help your graduate make smart financial decisions early, along with actions that could have a lasting impact on their future. Join us as we discuss ways families can pass on more than just good wishes. Here's what we discuss in this episode:

Don and Tom dive into the human obsession with prediction—especially in finance—and why models fail us more than they help. They dissect the CAPE ratio, Fama vs. Shiller, and why “knowing” the market is a fool's errand. Listeners also get lessons on ETF pricing myths, market cap misunderstandings, SEP Roth IRAs (spoiler: they're basically unicorns), and whether dad deserves a gift or just more responsibilities. 0:04 We crave certainty—even though our money brains are terrible at prediction. 1:01 Wall Street's models exist to soothe our fear of the unknown. 1:34 “All models are wrong, but some are useful” — CAPE ratio vs. the real world. 2:39 Shiller vs. Fama: You can't time the market, even with a Nobel. 4:51 Why diversification, risk-based equity premiums, and low fees beat predictions. 5:24 Models work… until they don't (hello, Phillips Curve). 7:02 Why the inflation-unemployment link broke after 2000: China changed the game. 8:26 Let's admit it: You cannot accurately and consistently predict the future. 9:14 Call from Catherine: Why Schwab ETF prices are “low” (spoiler: stock splits). 11:31 Price per share means nothing. Market cap is what matters. 13:04 Berkshire never split its stock—why it's $731K a share. 14:24 Apple vs. Berkshire vs. Microsoft: Market cap is the real metric. 16:32 Why the Dow is dumb (and would be even dumber with Berkshire in it). 17:49 Listener Q: Where to park $450K before a home purchase? (Hint: not bonds.) 18:29 High-yield savings accounts are still the best move. 19:53 Father's Day preview: Don rants about dumb gifts and ungrateful kids. 21:19 Kiplinger's list: 5 ways dads can teach money lessons (cue sarcasm). 24:06 Allowances, budgeting, and tax talks with kids—realistic or fantasy? 25:28 Roth IRAs and investing lessons for teens: what actually works. 27:45 Why teaching kids to pick stocks is a dangerous myth. 29:38 “Graduation fund” idea: simple global ETFs like AVGE or DFAW. 30:43 Yes, your kids might move back in. Yes, it's happening again. 32:13 Listener Q: Can you open a Roth SEP IRA? (Short answer: not really yet.) 33:54 One firm offers it… but it'll cost you $500/year and it's shady. 35:20 Final caller: Are there any annuities we do like? (Answer: the shortest show ever.) 36:34 Program note: Tom gone for 2 weeks, Don wants your calls (or sympathy). Learn more about your ad choices. Visit megaphone.fm/adchoices

Get my new book: https://bronsonequity.com/fireyourselfDownload my new special report - How to Use Inflation to Your Advantage - www.bronsonequity.com/inflationWelcome to our latest episode!Ready to fast-track your journey to millionaire status? Join host Bronson Hill and co-host Nate Hambrick for an electrifying conversation with Loral Langemeier, a six-time New York Times bestselling author and founder of Integrated Wealth Systems. Recorded in mid-May 2025, this episode dives into Loral's 25-year legacy of mentoring millionaires, from her Nebraska farm roots to building 272 fitness centers for Chevron's oil rigs and distributing 25,000 Cashflow games globally. A master of wealth creation, Loral shares insights from her books, The Millionaire Maker and Make Your Kids Millionaires, revealing how to shift from a make-and-spend cycle to a make-and-invest mindset. Discover why 86% of millionaires are self-made, how to leverage debt for 15-18% returns, and why alternative assets like oil and gas, aviation, and crypto in Roth IRAs outperform traditional mutual funds. Loral also unpacks tax strategies—using trusts, LLCs, and depreciation schedules to slash taxes—and the art of brokering deals to solve high-value problems.Loral's actionable steps, including her “Three Days to Cash” workshop, will inspire you to build wealth boldly.TIMESTAMPS00:48 - Guest introduction: Loral Langemeier 02:03 - Loral's journey: From Nebraska to millionaire mentor 07:17 - Millionaire mindset: Make and invest, not spend 09:23 - Fast cash: Three Days to Cash workshop success 11:53 - Teaching kids: Pressure washing to millions 14:01 - Brokering deals: Solving high-value problems 16:18 - Deal pitfalls: Designing your divorce upfront 18:23 - Trusts and LLCs: Building a Rockefeller legacy 21:48 - Asset protection: When to start trusts 24:39 - Alternative assets: Oil, gas, and aviation 27:07 - King Air strategy: 100% depreciation in five years 31:54 - AI and CPAs: Why strategists still win 32:37 - Roth IRA hacks: Crypto and real estate deals 37:41 - How to connect: Free tickets and gap analysisConnect with the Guest:Website: https://askloral.com/The Millionaire Intensive: https://askloral.com/event/Instagram: https://www.instagram.com/askloral/?hl=en#MillionaireMindset#TaxStrategy#AlternativeInvesting#RealEstate#OilAndGas#RothIRA#WealthBuilding

On this week's episode of Winning at Life, Gregory Ricks and Dwayne Stein cover rising mortgage rates, real estate pitfalls, and how global tensions may influence markets. Hear Gregory's personal scam story, tips to protect seniors from fraud, and more about Roth IRAs, annuities, and investment strategies. For LIVE financial news talk radio, tune into "Winning at Life with Gregory Ricks" LIVE on Saturday Mornings on:WRNO-News Talk 99.5 FM New Orleans - 10 am - 1 pmWBUV-News Talk 104.9 FM Biloxi - 10 am - 1 pmORFor financial news talk ON DEMAND, tune into the Ask Gregory Podcast for more financial topics that may interest you! Visit: https://gregoryricks.com/podcast/Download the Winning at Life app to never miss a replay!Investment Advisory products and services made available through AE Wealth Management, LLC or registered investment advisor, insurance products are offered through the insurance business Gregory Ricks and Associates, Incorporated AE wealth management does not offer insurance products, the insurance products offered by Gregory Ricks and Associates incorporated are not subject to investment advisor requirements. Investing involves risk, including the potential loss of principal, any references to protection, safety or lifetime income generally refer to fixed insurance products, never securities or investments. Insurance guarantees are backed by the financial strength and claims paying ability of the issuing Carrier. This radio show was intended for informational purposes only. It is not intended to be used as the sole basis for a financial decision, nor should it be construed as advice designed to meet the particular needs of an individual situation. Gregory Ricks and Associates is not permitted to offer and no statement made during the show shall constitute tax or legal advice. Our firm is not affiliated with or endorsed by the US government or any governmental agency. The Information and opinions contained herein provided by third parties have been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed by Gregory Ricks and Associates. Please remember that converting an employer plan account to a Roth IRA is a taxable event. Increased taxable income from the Roth IRA conversion may have several consequences, including, but not limited to a need for additional tax withholding or estimated tax payments, the loss of certain tax deductions and credits and higher taxes on Social Security benefits and higher Medicare premiums. Be sure to consult with a qualified tax advisor before making any decisions regarding your IRA. Neither AE Wealth Management nor advisors providing investment advisory services through AE Wealth Management recommend or facilitate the buying or selling of cryptocurrencies. Third parties and guests of the show are not affiliated with nor do their opinions reflect those of Gregory Ricks and associates or AE wealth management. Ae Wealth Management provides services without regard to political affiliation. And the views of individual advisors are not necessarily the views of AE Wealth Management. We are Winning at Life with Gregory Ricks.

We look at the following questions in today's Five Question Friday:1. Are growth stocks best for Roth IRAs?2. How should you pay taxes on retirement account withdrawals?3. How should you invest in retirement if you are scared of the stock market?4. What's the ideal set-it-and-forget-it retirement portfolio?5. Should you withdrawal cash from investment accounts to create an emergency fund?Schwab RMD article: https://www.schwab.com/go-digital/rmdJoin the Newsletter. It's Free:https://robberger.com/newsletter/?utm...

Explore powerful, often-overlooked retirement tactics—like the Rule of 55 and the 62/70 Social Security strategy—and hear listener questions answered by Wes and Christa to help you build an effective, income-focused financial future.

Send us a textTax planning for stock portfolios offers significant wealth-building opportunities when approached strategically. We dive deep into how different types of portfolio income are taxed and explore advanced strategies to minimize tax impact while maximizing growth potential.• Understanding the difference between portfolio income (stocks, dividends, capital gains) and passive income (real estate)• Short-term capital gains are taxed at ordinary income rates up to 37% plus potential 3.8% net investment income tax• Long-term capital gains receive preferential tax rates (0%, 15%, 20%) depending on income brackets• Qualified dividends receive the same favorable tax treatment as long-term capital gains• First $47,000 of long-term capital gains ($94,050 if married filing jointly) can be completely tax-free• Capital losses can offset capital gains from any source, with excess losses offsetting ordinary income up to $3,000 per year• Tax-deferred accounts like 401(k)s eventually tax all withdrawals at ordinary income rates, not capital gains rates• Strategic timing of capital gains can dramatically reduce tax liability• Using ordinary business losses to offset capital gains from portfolio liquidations• Qualified Opportunity Zones can defer, reduce, and potentially eliminate taxes on capital gains• Utilizing tax-free vehicles like Roth IRAs and borrowing against appreciated stock positions• Taking advantage of years with low income to realize gains at 0% tax rateTo learn more about implementing these strategies for your specific situation, visit prosperLCPA.com/apply or taxplanningchecklist.com to get on our list and be invited to free educational events.

Too restrictive or a key part of a military families financial planning? Today's episode is a no-holds-barred discussion about the pros, cons, and real-life strategies behind 529 plans. Episode Summary: In this episode, Spencer and Jamie dive deep into the world of 529 college savings plans—a tax-advantaged tool designed to save for qualified education expenses. They explore the basics of how 529 plans work (after-tax contributions, tax-free growth, and penalty-free withdrawals on qualified education expenses) and highlight recent changes that expand their flexibility beyond just college tuition. The conversation unfolds as Spencer raises his skeptical questions, while Jamie defends the plan's benefits by sharing personal experiences and strategies. From multi-generational planning to overcoming the challenge of overfunding, the discussion covers everything you need to know to determine if a 529 plan fits into your family's financial strategy. Key Discussion Points & Takeaways: Understanding 529 Fundamentals: Contributions are made with after-tax dollars, but the account grows tax-free, and withdrawals for qualified expenses (college, K–12 tuition, apprenticeship programs, computer equipment, and internet access) remain tax-free. Jamie explains the flexibility and evolving nature of 529 plans, including options to roll over funds to a Roth IRA (subject to annual limits and other restrictions) if the money isn't immediately needed for education. Flexibility vs. Restriction: Spencer shares his concerns about the plan's restrictions and whether the benefits favor high-income families more than those who might truly need the tax advantages. Jamie counters by emphasizing that the primary goal is to ensure your child's educational expenses are covered, while also noting that any “overfunding” isn't a total loss—it comes with backup options like beneficiary changes and penalty adjustments if funds are withdrawn for non-qualified purposes. Practical Money Management: Real-life insights on how to balance your overall financial strategy: build a solid retirement plan, clear debt, and then contribute to a 529 plan once you've established your own financial security. Jamie outlines his personal approach, including how much he's contributed over the years and his strategy for managing contributions as his children get closer to college age. Discussion of exit strategies: potential rollovers, transferring balances between beneficiaries, and even using scholarship funds to unlock part of the 529 savings without penalties. Generational and Strategic Considerations: Beyond college savings, the episode explores whether 529 plans can serve as a mechanism for a multi-generational legacy—providing educational support for nieces, nephews, or future grandchildren. The balance between maximizing tax-free growth and maintaining account flexibility is a recurring theme, with both hosts stressing the importance of aligning a 529 plan with your broader financial plan. Actionable Insights for Listeners: Evaluate Your Priorities: Before you start pouring funds into a 529 plan, ensure you've taken care of high-priority items like debt repayment and retirement savings. Start Early: Open an account when your child is young. Even small, regular contributions can accumulate significantly over time. Customize According to Your Needs: Understand that the “perfect” plan isn't one-size-fits-all. Consider factors like potential state tax deductions, investment options (like Vanguard 529's low-cost index fund style), and your own financial situation. Plan for Flexibility: Keep in mind exit strategies (such as rollovers to Roth IRAs and changing beneficiaries) so that if your situation changes, you're not locked into funds you can't use as intended. If this episode sparked some thoughts about your child's educational future or your family's financial planning, drop us a message on Instagram or visit our website at MilitaryMoneyManual.com.  Links mentioned: Kate Horrell's College Savings resources Episode 124 w/ Kate Horrell Episode 165 w/ Daniel Kopp FINRED flyer on 529s For a limited time, Spencer is offering one-on-one Military Money Mentor sessions! Get your personal military money and investing questions answered in a confidential coaching call. Our new TSP course is live! Check out the Confident TSP Investing course at militarymoneymanual.com/tsp to learn all about the Thrift Savings Plan and strategies for growing your wealth while in the military. Use promo code "podcast24" for $50 off. Plus, for every course sold, we'll donate one course to an E-4 or below- for FREE! If you have a question you would like us to answer on the podcast, please reach out on instagram.com/militarymoneymanual or email podcast@militarymoneymanual.com. If you want to maximize your military paycheck, check out Spencer's 5 star rated book The Military Money Manual: A Practical Guide to Financial Freedom on Amazon or at shop.militarymoneymanual.com. I also offer a 100% free course on military travel hacking and getting annual fee waived credit cards, like The Platinum Card® from American Express, the American Express® Gold Card, and the Chase Sapphire Reserve® Card in my Ultimate Military Credit Cards Course at militarymoneymanual.com/umc3. Learn how to get your annual fees waived on premium credit cards from American Express in the Ultimate Military Credit Cards Course at militarymoneymanual.com/umc3. The Platinum Card® from American Express and the American Express® Gold Card waive the annual fee for active duty military servicemembers, including Guard and Reserve on active orders over 30 days. The annual fees on all personal Amex cards are also waived for military spouses married to active duty troops.

Confused about Roth accounts? You're not alone. In this episode, we're breaking down one of the most important—and misunderstood—topics in retirement planning in the U.S.  We'll walk through the key differences between Roth and Traditional accounts, income limits for Roth contributions, and how Roth 401(k)s compare to Roth IRAs. You'll also learn when it makes sense to contribute to a Roth, how the backdoor Roth strategy works, and when a Roth conversion might benefit your long-term plan. Plus, we'll cover early withdrawal rules, required minimum distributions (RMDs), and how to incorporate Roth accounts into your overall retirement and tax diversification strategy. Whether you're building your retirement roadmap or fine-tuning your portfolio, this conversation is packed with actionable insights to help you make the most of your money—now and in the future. We cover: The difference between Roth and Traditional accounts Roth IRA vs. Roth 401(k): Which one fits your goals Income limits for Roth contributions How and when to use a backdoor Roth What Roth conversions are and when they make sense Early withdrawal rules and how to avoid penalties How to include Roth accounts in a long-term retirement and tax diversification strategy Enjoy the show? Please subscribe, leave a review, or share this episode with a friend! Got questions or topics you'd like us to cover? Email us at askcreatingwealth@taberasset.com—we'd love to hear from you.

A chaotic day leads Don into a deep (and entertaining) dive into the futility of market timing, spurred by a recent Morningstar article on Pacer's Trendpilot ETF. Don and Tom break down the mechanics of the fund's strategy, its underperformance compared to a simple 60/40 portfolio, and the long-term cost of trying to avoid downturns. Listener questions bring up diversification, Roth IRAs, and the eternal struggle with ticker symbols. Plus, a special heads-up for federal employees about an upcoming webinar. And yes, kilt ventilation is discussed. 0:04 “It never rains but it pours” rant, helicopters, kilts, and chaos 2:02 Welcome and the evolution from market timing believers to skeptics 3:13 Trendpilot ETF's moving average strategy explained (kind of) 5:45 Morningstar says: strategy failed, underperformed S&P by 5% annually 6:58 97-year 60/40 portfolio beats Trendpilot in return and volatility 8:32 2020 example: Trendpilot missed the 38% rebound—ouch 9:59 Why market timing fails most investors over time 11:05 Loss aversion vs. long-term strategy with fixed income 13:08 Trendpilot's $3.3B in AUM—but it still doesn't justify market timing 14:23 Listener mail: VTEB vs VTBE, Series 65 textbook gems, diversification 18:26 How much in a single stock? Almost none 19:10 Roth IRA allocation question—AVUS, DFIV, AVUV, and maybe just AVGE 22:24 One-fund to rule them all: AVGE breaks it down across 15 funds 24:11 Federal employee webinar pitch – June 7 at appellowealth.com 25:39 Wrapping up with call-in info, dreams about forgetting the phone number, and kilts (again) Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, I dive deep into the heart of why I created this podcast—and why I believe it's about so much more than money. From humble beginnings and life-altering challenges to building a thriving community focused on purpose-driven financial freedom, I open up about the real reason this show exists.   You'll hear my journey of going from a negative net worth to building a life of freedom, and why sharing not just the “how” but the “why” behind financial success is critical. This podcast isn't just about spreadsheets and Roth IRAs—it's about values, mindset, and overcoming adversity to build the life you deserve.   Episode Highlights & Timeline Summary   [0:00] - Why I launched this podcast and the deeper mission behind Budget Dog [2:20] - From being financially clueless to a debt-free millionaire: my personal backstory [3:06] - The story behind my national bestselling book and the cause it's dedicated to [6:48] - The moment I realized I wasn't maximizing my financial potential in college [8:06] - Why time is the most powerful wealth-building tool [10:21] - My early misconceptions about investing and the transformative power of mentorship [13:14] - How Budget Dog started with a raw idea and a photo of my dog [17:03] - My wife's key role in helping me see my potential [20:48] - Going from anonymous IG posts to building a million+ follower brand [24:06] - The unexpected and life-changing results students have achieved through my guidance [26:22] - The unethical financial advice I fight against—and why it fuels my mission [30:08] - Why this podcast won't focus on technical tips but the habits and mindsets behind success [33:21] - Personal challenges, including my daughter's diagnosis, and the strength it's built in us [35:48] - A call to build wealth beyond money—and to do it together, as a community   Notable Quotes from the Episode   “It's not about the spreadsheets. It's about the values and character that build real wealth.” “I didn't choose social media—social media chose me.” “You have to get strong yourself before you can truly serve others.” “Everything worthwhile takes intentional hard work, whether you like it or not.” “This podcast isn't about woe is me—it's about extreme ownership and overcoming.”   Links & Resources   https://bookwithbudgetdog.com/ped If you found value in this episode, be sure to subscribe, leave a review, and share it with someone who's ready to take charge of their financial future. Let's get wealthy together—beyond just the bank account.

Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Sonia Fears. First Vice President and Financial Advisor at Morgan Stanley. She leads The Fears Group, a wealth management team specializing in alternative investments, retirement planning, and financial education.

Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Sonia Fears. First Vice President and Financial Advisor at Morgan Stanley. She leads The Fears Group, a wealth management team specializing in alternative investments, retirement planning, and financial education.

Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Sonia Fears. First Vice President and Financial Advisor at Morgan Stanley. She leads The Fears Group, a wealth management team specializing in alternative investments, retirement planning, and financial education.

Send us a textYou've heard of Roth IRAs, but no one talks about when and how to convert.In this episode, Mike breaks down exactly how a Roth conversion works, when it makes sense, and how to use it to build tax-free income in retirement.He also unpacks the key differences between Traditional and Roth accounts, plus real-life stories of business owners who used this strategy to grow wealth the IRS can't touch.

Click Here for the Show Notes In this engaging conversation, Amanda Holbrook discusses the importance of self-directed IRAs and real estate investing. The discussion emphasizes the need for financial education, the mindset shift required to view real estate as a viable investment, and the benefits of diversification. Amanda explains the dual growth potential of real estate investments, creative financing options, and the advantages of using a solo 401k for immediate cash flow. The conversation offers insights on leveraging retirement accounts for wealth building and financial freedom. The speakers highlight the value of passive investments, particularly in real estate, and the importance of building a reliable support team for investment decisions. They stress learning through experience, creating personalized action plans, and using self-directed IRAs—especially Roth IRAs—for tax-free growth. The conversation underscores the importance of accountability and encourages listeners to take action toward their financial goals.  --------------------------------     

Quint and Logan talk about investing in Roth IRAs and how it compares to the rest of your portfolio.

Tom takes a break from vacationing to join Don in a deep dive on target date funds—the good, the mediocre, and the fee-loaded ugly. They break down performance data, highlight major fund differences, and remind listeners why understanding your own risk tolerance still matters. Listener questions spark advice on Roth IRAs for young investors and strategies for holding large tax payments. All with classic banter, bad jokes, and a quick jab at the Raiders. 0:04 Tom's back (briefly), and the banter's already off the rails1:42 Target date funds: the set-it-and-forget-it investing strategy3:06 $4 trillion invested—do they actually work?4:29 Performance since 2010: solid but not spectacular4:52 Fees dropping, but some funds still gouge6:06 Comparing returns: Vanguard, Hancock, American Funds, Voya7:39 Hidden loads and fees—legal, but not ethical7:59 Target date trouble: they don't know you9:03 Asset allocation assumptions can misfit your real risk9:44 Most funds overweight large U.S. companies11:14 What Vanguard 2025 actually holds (spoiler: little value)12:43 Better than nothing—but not better than customized13:38 Final take: decent for novices, but beware high fees and mismatched risk16:15 Listener Q1: Roth IRAs in only VFIAX—good idea for young investors?17:36 Why global small-cap value ETFs are a better long-term choice19:04 Comparing AVGE, DFAW, and VT—size and cost matter19:36 Listener Q2: Where to hold tax money without exceeding FDIC limits21:30 FDIC realities and alternative safe options like government money markets22:23 Tax math: fed + Illinois = close to 50% if income, less if capital gains23:52 Hidden state tax traps and EV drivers dodging gas taxes24:13 Pre-DOGE Teslas and pre-Elon excuses Learn more about your ad choices. Visit megaphone.fm/adchoices

Let's talk about the money lessons your kids aren't getting in school!

Let's talk about the money lessons your kids aren't getting in school!

Elon Musk is committed to Tesla for at least five more years. (00:21) Jason Moser and Ricky Mulvey discuss: - Investing in companies with a singular leader. - Earnings results from Home Depot. - A listener's suggestion to create a “laziness” stock basket. Then, (17:04) Robert Brokamp answers listener questions about Roth IRAs and dividend investing. Companies discussed: TSLA, TTD, HD, DASH, UBER, DPZ, AMZN, WMT, NFLX, LYFT Host: Ricky Mulvey Guest: Jason Moser, Robert Brokamp Producer: Mary Long Engineer: Dan Boyd Advertisements are sponsored content and provided for informational purposes only. The Motley Fool and its affiliates (collectively, "TMF") do not endorse, recommend, or verify the accuracy or completeness of the statements made within advertisements. TMF is not involved in the offer, sale, or solicitation of any securities advertised herein and makes no representations regarding the suitability, or risks associated with any investment opportunity presented. Investors should conduct their own due diligence and consult with legal, tax, and financial advisors before making any investment decisions. TMF assumes no responsibility for any losses or damages arising from this advertisement. Learn more about your ad choices. Visit megaphone.fm/adchoices