It's All About the $Money, Honey!
Don't take advice from broke people.
2020 - The Year The World Changed
July 13, 2020 08:49 AM PDT
The year 2020 will always be remembered as the year of coronavirus. Of course, it will also be remembered for the financial impacts the virus had on our lives. Social distancing and no travel. An economic shutdown. Millions of jobs lost. Market volatility unseen since the Great Depression. In this special episode, we review the first half of 2020 by looking back on what has happened so far, what we expect to happen in the near future, and how you can position your retirement assets for what comes next.In Retirement, Cash Flow Is King
July 06, 2020 07:00 AM PDT
How will you pay for retirement? Investments? Real Estate? Minerals? Insurance? These are all great ASSETS to own, however, they may not necessarily create what you really need - CASH. Your ability to live the retirement you've always wanted will depend on your ability to generate income in the form of usable cash. Everything you want to do requires it. In this episode, we'll discuss how much income you might need in retirement, the types of assets that will generate it, and 5 tips for creating lifelong retirement income and financial security.5 Common Pre-Retirement Mistakes
July 01, 2020 08:11 AM PDT
It sure can feel good to enter the homestretch to retirement. However, retired life is much different from working life and you need a plan for how you'll live it. Knowing WHAT to do is important, and so is knowing WHAT NOT to do. In this episode, we'll examine 5 key mistakes you need to avoid as you prepare for retirement.Why Your Wealth Will Disappear
June 22, 2020 06:56 AM PDT
It's estimated that 90% of families in the United States will see their wealth evaporate by the 3rd generation. This means that the wealth you spent a lifetime accumulating will likely be gone by the time your grandchildren control it. It's easy to see why this happens. Families don't talk about money, why it's important, or how to keep it. In this episode, we reveal how to raise money smart kids, why family wealth disappears, estate planning strategies you can use to control your wealth, and a fun way to pass on your family mission and values.Demystifying Social Security and Medicare
June 15, 2020 07:09 AM PDT
Social Security will provide 40% of the average retiree's income. Medicare will help cover a wide array of medical expenses in retirement for most Americans. Yet, for all their popularity and value, Social Security and Medicare remain two of the most misunderstood and confusing retirement programs. In this episode, we examine the difference between Social Security spousal and survivor benefits, how the year you retire could be bad news for your Medicare premiums, and some strategies for maximizing your Social Security income.The Real Problem
June 08, 2020 07:15 AM PDT
If you're like most people, you have no problem identifying the fears, frustrations, and challenges that keep you awake at night when thinking about your retirement. The real problem is being unable to identify the true source of those feelings. In this episode, we examine what's really causing you to fall short of your retirement goals, how fear can cause you to do nothing, and how a financial advisor SHOULD help you overcome your fears.Don't Take Advice From Broke People
June 01, 2020 06:49 AM PDT
You probably have family and friends who are always willing to offer their opinions. The problem is, they always have reasons for why something CAN'T be done and never any advice for how it CAN. In this episode, we share how to spot someone with a broke mentality, why you may need to get a new group of friends, and why failing puts you in very good company.Consistency Always Outperforms Occasional Brilliance
May 26, 2020 08:18 AM PDT
Anyone can look like a genius when the market is going up. Real success is performing well consistently over time even when the market turns sour. In this episode, we discuss why you are probably focusing on the wrong stock market, the factor that accounts for 92% of portfolio performance, and how to stay in tune with your appetite for risk.Education Is Expensive
May 18, 2020 09:32 AM PDT
Making mistakes is part of life and so long as you take those lessons to heart, they can be very valuable. However, there are some lessons that have to be taught over and over. When it comes to your money, education can get expensive really fast. In this episode, we explore some of the costliest mistakes people make like accidentally triggering a massive tax bill, claiming Social Security too soon, and not investigating an investment opportunity closely enough.It's Not What You Earn, It's What You Keep
May 11, 2020 06:08 AM PDT
You will likely earn a lot of money throughout your life. The problem is, a lot of that money will be spent by the time you retire. The only way to stay retired and do it the way you want is to keep a lot of the money you earn. Keep enough of it, and you'll likely end up a millionaire. In this episode, we share simple strategies for keeping more of your money including how to protect it, how to grow it, and how to pay less of it in taxes.
It's the show where fun meets finance. Join The Financial Diva, Victoria Woods, and the King of Finance, Damon King, each week for tips on how to Rock Your Retirement!
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