One For The Money
62 episodes - English - Latest episode: 14 days ago - ★★★★★ - 8 ratingsListen to hear Jonny break down the tips, tricks, and strategies he uses to help clients retire early. This is the "easy button" when it comes to early retirement because everything you want and need to know is right here. Jonny will lay it all out in plain English so you can get the details on the actions you can do to put yourself on the best path to early retirement. He'll also interview top real estate, tax, and estate planning and other professionals to provide a comprehensive approach to your retirement planning. Nobody builds wealth by accident. Listen to find out how you can do it on purpose.
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Episodes
Taxes Are Going Higher for Everyone
April 15, 2024 10:00 - 19 minutes - 15.5 MBWARNING - Why Taxes Are Going Higher for Everyone This episode is airing on April 15th, our tax filing deadline and a key aspect of my financial planning practice is to identify and implement tax-saving strategies for my clients. In this episode, I’ll share why it’s almost certain that everyone’s taxes will be going higher in the future because of our annual federal deficit and our cumulative national debt. In this episode... The Government Spends Worse than a Drunken Sailor [3:10] Tax B...
Tax Advantaged Investment Accounts
April 01, 2024 10:00 - 15 minutes - 12.5 MBTax Advantaged Investment Accounts, Ep #59 It’s April and taxes are on the forefront of everyone’s mind. An essential part of building wealth is to not pay more taxes than you have to. In this episode, I will be getting back to the basics and provide and overview of tax-advantaged investment accounts. In this episode... Pre-tax account strategies [4:03] After-tax account strategies [6:11] How young adults can benefit from HSA accounts [12:26] Taxes can be incredibly confusing reg...
Retiring Outside of the United States? Factors to Consider
March 15, 2024 10:00 - 13 minutes - 10.5 MBRetiring Out of the States - What to Consider, Ep #58 Last episode we discussed the implications of where you choose to retire in the United States. In this episode, we will dive into what to consider when retiring internationally. Retiring outside of the United States is not a simple decision but one we hope to offer guidance on today. In this episode... Top countries for Americans to retire to [03:12] Factors to Consider when retiring out of the states [8:47] How to “test drive” inte...
Retiring Out of State? Factors to Consider
March 01, 2024 10:00 - 16 minutes - 12.9 MBRetiring Out of State - What to Consider, Ep #57 When it comes to retirement for citizens in the U-S-of-A, you have 50 different states to choose where you would like to spend your retirement. It’s not a decision to take lightly as there are advantages and disadvantages that every state offers. There are a host of factors to consider when retiring to another state and I’ll go over a few of them here. In this episode... United States Retirement Migration trends [03:35] Factors to Consider...
The Two Comma Club & How to Become a Member, Ep #56
February 15, 2024 10:00 - 17 minutes - 14.1 MBHow to Become a Member of the Two Comma Club, Ep #56 This episode focuses on the behaviors needed to become a member of the two-comma club. What exactly is the two-comma club? Well, it’s just a different way of saying how to become a millionaire, since one million dollars is represented by 7 numbers, the number 1 followed by 6 zeros, consequently there are two commas required to break those numbers up. In this episode... Who Wants to be a Millionaire [01:26] USA has a lot of millionaires...
All that Glitters Isn't Gold, Ep #55
February 01, 2024 10:00 - 16 minutes - 13.4 MBAll That Glitters Isn’t Gold, Ep #55 On my drive to work, I mostly like to listen to podcasts but on occasion, I will listen to the radio. And frequently, I hear advertisements that claim that the economic sky may be falling and that one needs to invest in gold to protect themselves from the oncoming economic apocalypse. Well, the truth regarding investing in gold is a very different story and those that invest in gold may not have fools gold but I’ll share why it could be very foolish to d...
For Investors, Elections Do Not Matter, Ep #54
January 15, 2024 10:00 - 21 minutes - 16.9 MBFor Investors, Elections Do Not Matter - Ep #54 Recently, I read that one of investors' chief concerns is the upcoming presidential election that occurs in November of this year. It seems every year we are told that this is the most important election of our lifetimes only for the next election to be even more important than that. In this episode, I will share why elections do, and do not matter for investors. In this episode... America is the Best Country in the world [02:05] Americans ...
Ten Things to Consider Ten or So Years from Retirement, Ep #53
January 01, 2024 10:00 - 17 minutes - 14.1 MBAnother year has passed, which means that many are a year closer to retirement. The most successful retirements are planned many decades in advance. This episode of the One for the Money podcast focuses on what one should do in the last decade of work before retiring. A mistake in these years can ruin the prior decades of work and jeopardize retirement dreams. In this episode... Better planning [01:22] Assessing financial readiness [03:09] Health and financial planning [07:36] Tax dive...
Investing - The Only Thing to Fear is Fear Itself, Ep #52
December 15, 2023 10:00 - 19 minutes - 15.6 MBMany feel that the country and the world are on the brink of challenging times, and many investors wonder if they should get out of the market and wait to invest because a better time may come along in the future. In this episode of the One for the Money podcast, I share why this is always the wrong strategy. In this episode... Fear of investing in uncertain times [01:19] The relationship between difficult times and stocks [04:30] Investment mistakes and the importance of discipline [10:...
How to Give Better, Ep #51
December 01, 2023 10:00 - 14 minutes - 11.8 MBGiving to others can be an incredibly rewarding experience. Have you ever wondered how you can give better? In this One for the Money podcast episode, I discuss ways to improve our giving and make it more impactful for both others and ourselves. In this episode... The season of charitable donations [01:12] Donor-advised funds [03:39] Donating appreciated assets [05:26] Giving retirement money [06:33] Planning charitable giving [09:32] The month of giving For many people, December is...
How to Plan For Your Ideal Life, Ep #50
November 15, 2023 10:00 - 15 minutes - 12.4 MBIn February, I visited the beautiful island of Maui, Hawaii, and trained in helping clients plan for their ideal life. It’s not just the right way to plan but the only way to conduct financial planning for clients. In this episode of the One for the Money podcast, I share details of this type of planning. At the end of the episode, I share a thought-provoking strategy from a book I recently read called Die with Zero. In this episode... Focus on the essentials [01:20] The godfather of life...
Ensuring You Get to Spend More of Your Hard Earned Money & the Government Gets to Spend Less, Ep #49
November 01, 2023 10:00 - 20 minutes - 16.4 MBEnsuring You Get to Spend More of Your Hard Earned Money & the Government Gets to Spend Less, Ep #49 For many of my clients during the fall, I implement a powerful strategy called a Roth conversion, which can significantly lower the taxes paid during retirement. In this episode of the One for the Money podcast, I review this strategy that can help retirees spend more of their own money rather than the government. Listen to the end, where I share additional powerful tax-saving strategies you...
How to Spend Better, Ep #48
October 15, 2023 10:00 - 16 minutes - 13.4 MBFor some people, spending money can be a hard thing to do. As a financial planner, one of the things that has surprised me the most is the difficulty some clients have in spending their money. In this episode of the One for the Money podcast, I share ways to help make spending easier. Listen to the end, where I share a spending tip for the rest of your life. In this episode... Learning to spend in retirement [02:22] Why do some people save and some spend? [06:00] Being prepared “just in ...
When Money Can Buy Happiness, Ep #47
October 01, 2023 10:00 - 12 minutes - 10 MBSurveys have shown that money cannot buy happiness; however, certain types of spending can increase happiness. In this episode of the One for the Money podcast, I talk about ways to increase happiness, not through increased spending, but by improving the way money is spent. In this episode... Life, liberty, and the pursuit of happiness [01:05] Money does not guarantee happiness [02:06] Spending money on others [04:03] Opportunities to anticipate [07:47] Pursuing happiness America’s pu...
Why a Will Is Not Enough - Estate Planning, Ep #46
September 15, 2023 10:00 - 13 minutes - 10.9 MBA will is a crucial component of a financial plan, but it may not be sufficient on its own. In this episode of the One for the Money podcast, I share why many people would benefit from a trust. In the tips, tricks, and strategies portion, I share a tip regarding locating unclaimed money. In this episode... More than a will [01:13] Trusts vs. wills [04:06] Inadvertent disinheritance [06:52] Finding unclaimed assets [10:40] More than money Without an estate plan, transferring an estate ...
Preserving Family Unity - Estate Planning, Ep #45
September 01, 2023 10:00 - 11 minutes - 9.1 MBAn estate plan is a crucial part of one’s financial plan, but most people don’t have one. Those who do have a plan likely need to make updates or changes. This episode of the One for the Money podcast discusses the impact of an estate plan on the family. In the tips, tricks, and strategies portion, I share a tip regarding legacy contacts for your smart devices. In this episode... The crucial estate plan [01:08] Planning for the details [04:04] Family matters [06:32] Legacy contacts for ...
Are Financial Planners Worth the Fees They Charge?, Ep #44
August 15, 2023 10:00 - 19 minutes - 15.6 MBMany people wonder if financial planners are worth the fees they charge. In this One for the Money podcast episode, I’ll help you learn the value a financial planner can provide. In the tips, tricks, and strategies portion, you’ll learn how to identify competent financial planners and avoid hucksters and salesmen. In this episode... Money is a sensitive topic [01:07] How financial planners add value [03:46] Providing peace of mind [09:34] Planner? Advisor? Agent? [13:47] Identifying co...
What I Wished I Knew Sooner About Money, Ep #43
August 01, 2023 10:00 - 24 minutes - 19.6 MBThis One for the Money podcast episode is for young adults and those younger. This information is what I wish someone had shared with me at that stage of life. Would I have heeded the advice? I can’t definitively say, but what is definite is that knowledge proceeds wisdom. With the knowledge provided in this episode, hopefully some listeners can make wiser decisions to create a better life. In this episode... Reasons understanding money is so important [03:34] When not to borrow money [10...
What Every American Should Know About Social Security, Ep #42
July 15, 2023 10:00 - 18 minutes - 14.8 MBThe timing of when you start receiving Social Security benefits can greatly affect your retirement experience. In this episode of the One for the Money podcast, I share a few things every American should know about Social Security. At the end of the episode, I share a tip on where you can find out the details regarding your Social Security benefit. In this episode... Eligibility for Social Security [02:19] Is Social Security enough? [03:16] Retirement doesn’t mean lower living expenses [...
When to Take Social Security - Avoiding a Potential $200,000 Mistake, Ep #41
July 01, 2023 10:00 - 15 minutes - 12.8 MBThe critical piece of many Americans’ retirement is their Social Security benefit. Without a strategy for claiming Social Security, many Americans make a decision that can cause them to lose out on hundreds of thousands of dollars. In this episode of the One for the Money podcast, I review the factors you should consider when deciding when to take Social Security. In this episode... Assessing your options [01:16] Later filing eventually passes earlier filing [04:25] When should you consi...
Investing for Your Kids - Giving the Power of Time, Ep #40
June 15, 2023 10:00 - 19 minutes - 16 MBIn the One for the Money podcast, we’ve been discussing finances and children in our recent episodes. In the previous episode, we covered lessons for kids a few years away from adulthood. In this episode, we will focus on investing for kids only a few years old. Don’t miss out on the end of the episode, where we’ll discuss how a new law has made 529s even more valuable. In this episode... Improving investment returns with time [01:56] UTMAs and UGMAs [03:43] Setting up a kid Roth [08:10]...
What Have We Taught Our Kids about Money?, Ep #39
June 01, 2023 10:00 - 19 minutes - 15.3 MBWe spend ample time, effort, and resources to ensure our children have a good education when they leave school. However, far too many young adults enter the world without understanding personal finances. In this episode of the One for the Money podcast, I provide information that will likely help your kids more than Pythagoras’ theorem or algebra. In the tips, tricks, and strategies portion, I share a tip to help understand interest rates and rates of return. In this episode... We want the...
Which is the Better Investment: Stocks or RE?, Ep #38
May 15, 2023 10:00 - 19 minutes - 15.7 MBMany Americans dream about owning property they can rent for passive income. In this episode of the One for the Money podcast, I examine whether investing in real estate or the stock market is better. Listen to the end when I share tax-saving strategies associated with selling real estate. In this episode... All investments carry risks [02:22] Advantages of investment properties [06:24] Capital expenditures [11:04] So which is better? [15:41] The primary home exemption [17:14] The dre...
Investing & Recessions, Ep #37
May 01, 2023 10:00 - 18 minutes - 15 MBEconomists are debating whether or not we will have a recession this year. The Wall Street Journal recently noted that this has become the most anticipated recession in recent U.S. history. In this episode of the One for the Money podcast, I share about recessions and my five rules of investing. Listen to the end when I share a tip about the amazing power of dividends. In this episode... How to prepare for a recession [01:56] Five investing rules during volatile times [05:44] Avoid the n...
The Brass Tacks on Small Business Taxes - Part 2, Ep #36
April 15, 2023 10:00 - 15 minutes - 12.7 MB99.9% of businesses across the U.S. are small businesses, with eight out of ten being owner-only businesses. In this episode of the One for the Money podcast, I share strategies that small business owners can consider to save on taxes. This episode is the second of two on the subject. I recommend you listen to episode 35 to hear other strategies. Listen to the end when I share an approach to tax deductions for vehicles used in your business. In this episode... Kids earning income [01:41] ...
The Brass Tacks on Small Business Taxes - Part 1, Ep #35
April 01, 2023 10:00 - 16 minutes - 12.8 MBSmall business owners have much to consider to maximize their tax savings. In this episode of the One for the Money podcast, I share strategies that small business owners can consider to save on taxes. As there are many strategies to consider, this will be the first of two episodes on the subject. In the tips, tricks, and strategies portion, I share an additional business tax strategy utilizing the home office deduction. In this episode... Small businesses and the economy [01:10] What are...
Is the Tax Code Fair?, Ep #34
March 15, 2023 10:00 - 17 minutes - 13.7 MBSpringtime symbolizes renewal and new beginnings. How ironic that this season is when we’re required to file our taxes and look back at the previous year’s finances. In this episode of the One for the Money podcast, I share why not only is assessing our tax strategies essential but also assessing the tax code in general. Listen to the end when I share a strategy regarding significant tax savings that could be hiding in your 401k. In this episode... The electric vehicle tax credit [02:07] ...
Time to Pay the Piper, Ep #33
March 01, 2023 10:00 - 16 minutes - 13.2 MBWe all make choices. But in the end, our choices make us. While a better life results from actions you have taken via better planning, outside factors need to be considered to implement better planning strategies. One of those forces is the reality of our national debt and its impact on our taxes. Mitigating these effects is the subject of this episode of the One for the Money podcast. In this episode... The Pied Piper of Hamelin [01:29] The US national deficit [02:59] Interest on the d...
The Case for Optimism - Part 2, Ep #32
February 15, 2023 10:00 - 18 minutes - 15.1 MBI’ve heard it said that pessimists sound smart, but optimists make money. In episode 17 released this last July, I shared the case for why we should be optimistic about the future. In this episode of the One for the Money Podcast, at the beginning of a year when many believe we will see a recession, I make an additional case for why we should remain optimistic. In the tips, tricks, and strategies portion, I share a tip on how to ensure you can earn the most interest on your savings and how m...
Congress Just Made Changes to Your Retirement… Again, Ep #31
February 01, 2023 10:00 - 15 minutes - 12.3 MBEvery once in a while, Congress makes changes to your retirement. In this episode of the One for the Money podcast, I talk about recent, significant changes. Your financial plan must take advantage of these changes because there are always winners and losers when Congress makes changes. In the tips, tricks, and strategies portion, I share tips on reducing your taxes in retirement. In this episode... The SECURE Act [01:05] Required Minimum Distributions(RMD) [03:31] Transferring funds fro...
The "B" Word, Ep #30
January 15, 2023 10:00 - 12 minutes - 10 MBLet’s talk about the B-word: budget. In this episode of the One for the Money podcast, I share information about budgeting, why it is essential, and how to use it to invest in your future self. In the tips, tricks, and strategies portion, I share a powerful tip on why you want to avoid credit card debt. Listen in to learn how having a spending plan can help you aim to reach your goals. In this episode... Using a budget to steer [01:00] The purpose of a spending plan [02:45] How to make a...
Healthy, Wealthy & Wise, Ep #29
January 01, 2023 10:00 - 14 minutes - 11.8 MBThis episode of the One for the Money podcast airs on January 1st when many Americans make resolutions to improve their lives. These resolutions often focus on eating better and getting more exercise, perhaps because of everything eaten during the holidays. In this episode, I share why, financially, it’s better not just to be wealthy and wise but healthy too. Listen to the tips, tricks, and strategies portion, where I share a few ideas that have helped make exercise easier for me. In this e...
One of the Biggest Risks in Retirement, Ep #28
December 15, 2022 10:00 - 13 minutes - 10.6 MBIn this episode of the One for the Money podcast, I explain one of the greatest financial risks you could face in retirement, which has nothing to do with the stock market! I’ll also share the planning strategies you can use to address this risk. In the tips, tricks, and strategies portion, I share a strategy to reduce the financial risk associated with lawsuits. Listen to learn more! In this episode... Top three risks in retirement [01:09] Long-term care planning [03:41] Options for lon...
Can You Retire with Debt?, Ep #27
December 01, 2022 10:00 - 11 minutes - 9.08 MBCan you retire when you have debt? This episode of the One for the Money podcast focuses on answering that question. More and more Americans are retiring with a mortgage, but is it right for you? Doing so depends on many factors that can’t be assessed in isolation. Listen to the end when I share a simple strategy to pay off your mortgage early. In this episode... Keeping mortgages past age 65 [01:44] Why are more people retiring with a mortgage? [02:57] Retiring with a mortgage [06:58] ...
Maxing Out Your Life with a Mini-Retirement, Ep #26
November 15, 2022 10:00 - 19 minutes - 15.7 MBWhile the One for the Money podcast focuses primarily on retiring early on a permanent basis, this episode explains the planning needs to retire even earlier via a mini-retirement. A mini-retirement provides the opportunity to test-drive a full retirement, allowing the individual to travel, volunteer, and pursue new hobbies or other interests. In the tips, tricks, and strategies portion, I share some strategies that could mean massive tax savings during a mini-retirement. In this episode......
The Fed is Not Your Friend, Unless You Are a Bank, Ep #25
November 01, 2022 10:00 - 13 minutes - 10.9 MBWhile an early retirement can be a result of actions you have taken via better planning, there are outside forces that need to be considered as well. One of those forces is the Federal Reserve. In this episode of the One for the Money podcast, I share why the Fed is not necessarily your friend unless you are a bank. Listen until the end to hear more strategies to consider, given the actions of the Fed. In this episode... Why are stocks and bonds struggling? [01:46] Mortgage on a house of ...
Too Much Money & Too Few Memories, Ep #24
October 15, 2022 10:00 - 14 minutes - 11.6 MBWe often focus on the amount we need to retire comfortably. In this episode of the One for the Money podcast, you might be surprised to learn that most retirees die with too much money and too few memories. I’m not advocating that we reduce our savings for retirement. Instead, we should enjoy the fruits of our labor both before and during retirement. In this episode... The strongest force in the universe [01:29] Spending just the earnings [02:37] Why do people die with so much money? [04...
Will I Be Able to Retire?, Ep #23
October 01, 2022 10:00 - 15 minutes - 12.3 MBThe question I’m most often asked is, “Will I be able to retire?” In this episode of the One for the Money podcast, I answer that question and share ways to know you’re on the right track. In the tips, tricks, and strategies portion, I explain how a simple rule can help you track your progress towards retirement. Listen to learn more! In this episode... Well, it depends… [01:06] Determining yearly expenses [03:37] Income sources [04:56] The 4% rule [05:44] How much will you need to sav...
Estate Planning Simplified, Ep #22
September 15, 2022 10:00 - 12 minutes - 10.1 MBIf you are confused about what estate planning is and its importance, this episode of the One for the Money podcast will resonate with you. I break down the critical elements of an estate plan and their respective purposes, which should help you understand why you need one. In the tips, tricks, and strategies portion, I share tips on ensuring your estate plan is executed as you had planned. In this episode... What is an estate plan? [01:01] Creating an effective plan [03:19] The purpose ...
Congratulations, You Already Have an Estate Plan - BUT YOU DON'T WANT IT!, Ep #21
September 01, 2022 10:00 - 10 minutes - 8.78 MBIn this episode of the One for the Money podcast, I explain how everyone has an estate plan. I also provide reasons why you want better than the default. In the tips, tricks, and strategies portion, I share a tip in the form of a sad story that shows why you want to review and communicate details of your estate plan to the responsible party. Listen to learn the importance of estate planning and the difference good planning can make. In this episode... What happens without an estate plan? [...
Ways to Avoid Running out of Money in Retirement - Most Accidents Happen on the Way Down, Ep #20
August 15, 2022 10:00 - 20 minutes - 16.4 MBEven the best savers can run out of money in retirement. In this episode of the One for the Money podcast, I share how making the appropriate adjustments in the few years before and after retirement can help prevent that. In the tips, tricks, and strategy portion, I’ll share information for those who started saving later for early retirement. Listen to learn more! In this episode... Into thin air [01:51] Sequence of returns risk [03:30] The years before retirement [11:32] The bucket str...
Beware of Wolves in Insurance Salesmen's Clothing, Ep #19
August 01, 2022 10:00 - 21 minutes - 17 MBThis episode of the One for the Money podcast is a little different than previous episodes, as it’s more of a “buyer beware” when buying life insurance. Life insurance is a valuable part of any financial plan, but I’ve seen too many individuals fall for the tricks of some insurance salesmen. Listen to the end when I share strategies on some of the best ways to buy life insurance, which some agents may not want you to know. >>>>>player code here<<<<<<< In this episode... My journey to beco...
When Life Gives You Lemons, STAY INVESTED!, Ep #18
July 15, 2022 10:00 - 19 minutes - 15.5 MBIn this episode of the One for the Money podcast, I share a personal, financially painful experience that can serve as an example of why you should stay invested. Considering the stock market of late, this is quite a timely topic. Listen to the end when I share a strategy you can use some stock market losses in a non-retirement account to ultimately reduce your taxes. In this episode... Unprecedented events [01:13] Locking in losses [03:42] Delusions in timing the markets [08:25] Aligni...
The Case for Optimism, Ep #17
July 01, 2022 10:00 - 15 minutes - 12.1 MBHow much does the news influence your financial decisions? This episode of the One for the Money podcast focuses on the optimism we can have in the market, even through disheartening times. The world has changed dramatically over the years, yet time and time again, investments have proven themselves. Listen through the end when I share tips regarding credit scores. >>>>>player code here<<<<<<< In this episode... Negativity sells the news [01:20] Progress over the years [02:41] Investing...
The Cost of College and How to Pay for It - Part 2, Ep #16
June 15, 2022 10:00 - 17 minutes - 13.7 MBThis episode of the One for the Money podcast is part two of this month’s series on the cost of college and how to pay for it. In the last episode, I talked about the rising cost of college and student loans. This time, I will share information about the 529 college savings account. Listen to learn some strategies to make the most of your money investing in your loved one’s college expenses. In this episode... What is a 529 account? [03:13] Creating a legacy of education [05:20] Navigati...
The Cost of College and How to Pay for It - Part 1, Ep #15
June 01, 2022 10:00 - 16 minutes - 13.2 MBJune is the graduation season, so the episodes airing this month will focus on the cost of college and how best to pay for it. This episode of the One for the Money podcast focuses on your ability to pay for the college education of your loved ones effectively. Listen until the end when I share a great resource to help you further understand the expense of college and additional options on how to pay for it. In this episode... The magnitude of student loans [02:14] College costs more now ...
Financial Planning is Personal, Ep #14
May 15, 2022 10:00 - 13 minutes - 10.9 MBMany people struggle with finances, and it’s heartbreaking to see. In this episode of the One for the Money podcast, I share my personal experience with what happens when there is no financial plan. Financial literacy and education are critical life skills that can benefit us all. Listen in, and at the end, I’ll share a tip regarding calculating your net worth and why you’d want to do that. In this episode... The power of financial planning [01:07] Financial family dirt [02:44] Good thin...
The Psychology of Money, Ep #13
May 01, 2022 10:00 - 16 minutes - 13.5 MBIn today’s episode, I’ll be sharing thoughts from a personal finance book that I read last summer. Morgan Housel, a former columnist at The Motley Fool in the Wall Street Journal, wrote the book entitled The Psychology of Money. In it, he shares the idea that intelligence isn’t what makes someone good with money; behaviors are what play the most significant role. Listen to learn what these behaviors are and how you can benefit from them. In this episode... Intelligence vs. behavior [01:13]...
The Ticking Tax Time Bomb in Your Retirement Account, Ep #12
April 15, 2022 10:00 - 15 minutes - 12.3 MBHow much of your retirement will be available to spend? Most Americans aren’t aware of the ticking tax time bomb in their retirement accounts. In this episode of the One for the Money podcast, I share ways you can get the most out of your retirement investments. Listen to learn strategies to overcome the uncertainty of future taxes. In this episode... The ticking time bomb [01:04] Roth conversions [05:48] The benefits of being tax diversified [09:09] Reasons not to consider Roth convers...
The Case of the 7 Million Missing American Children - How to tax plan and how not to, Ep #11
April 01, 2022 10:00 - 12 minutes - 9.85 MBThe case of the seven million missing American children is a story of how tax planning shouldn’t be done. In this episode, I cover that story and share ways we should be tax planning. You may be surprised at the order in which this planning should be done. Listen to learn more about that, and at the end of the episode, I’ll share a general tip about tax planning. In this episode... A sad story of “missing” children [01:10] Legal strategies to reduce tax liability [03:03] Why HSAs are imp...