Phil's Tax Hacks
237 episodes - English - Latest episode: 4 days ago - ★★★★★ - 4 ratingsFinancial, tax and retirement planning guidance from Phil Putney. Each week Phil will talk about the keys to building a sound financial strategy that can survive throughout the ups and downs of the market. We'll have plenty of tax hacks along the way and other retirement facts!
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Episodes
Ep 130: Common Housing Questions from Retirees
April 14, 2022 09:00 - 19 minutes - 18.2 MBLet’s talk about the house today! We are going to explore some common retiree questions we get about housing. Should you downsize? Should you use equity as an emergency fund? Find out on today's show. TIMESTAMPS: 0:44 – Do we get questions about housing? 1:41 – Should you pay off the house? 4:49 – Should you downsize? 8:17 – Should you pull out equity? 11:10 – Signing the house over to the kids 13:42 – Is a reverse mortgage a good idea? ADDITIONAL INFORMATION: https://philstax...
Ep 129: Financial Jargon: Designations and Education
April 07, 2022 09:00 - 18 minutes - 17.1 MBLet’s continue our conversation on financial jargon today. We’ll dive into the different designations and licenses you may see when shopping around for a financial advisor. What do they all mean? TIMESTAMPS: 0:52 – Having proper qualifications 2:22 – RIA or IAR 3:35 – The C’s 5:35 – Series license 11:49 – Education 15:30 – Do your homework ADDITIONAL INFORMATION: https://philstaxhacks.com/
Ep 128: Financial Jargon: Terms & Definitions
March 31, 2022 09:00 - 25 minutes - 23.7 MBThere is a lot of financial jargon out there that can be confusing when you are trying to plan for retirement. So, on today’s episode, we’ll explore a variety of different terms and definitions and how they apply to the financial planning process. TIMESTAMPS: 0:41 – We don’t lack jargon 1:28 – Bear or bull 4:02 – Inflation 6:50 – Recession 10:42 – Volatility 12:09 – Risk tolerance 14:31 – 60-40 portfolio 15:58 – Dollar-cost averaging 17:46 – Bonds vs stocks 19:44 – ETFs vs m...
Ep 127: Recognizing the Voice of Greed
March 24, 2022 09:00 - 17 minutes - 16.6 MBWhen it comes to our money there are several ways, we tend to get greedy. So on today’s episode, we are going to discuss how to recognize the voice of greed and how we can fight against it. TIMESTAMPS: 0:15 – Voice of greed 2:07 – Being aggressive 5:57 – Following what you hear 7:15 – Keeping up with the Joneses 10:05 – Emergency fund in the bank 12:48 – Doing it yourself ADDITIONAL INFORMATION: https://philstaxhacks.com/
Ep 126: Guessing in Retirement Planning
March 17, 2022 09:00 - 19 minutes - 18.1 MBWhat could go wrong if you end up guessing when planning for retirement? Today, we explore some areas in retirement planning you don’t want to guess at. TIMESTAMPS: 0:38 – Guessing in these times 2:44 – Inflation 8:56 – Income 13:10 – Big purchases 16:25 – Health care costs ADDITIONAL INFORMATION: https://philstaxhacks.com/
Ep 125: Murky Issues in Retirement
March 10, 2022 10:00 - 19 minutes - 18.1 MBWhat are most Americans confused about when it comes to retirement planning? On today's episode, we discuss 3 murky issues that may be making retirement planning harder for you. USA Today Article: Retirement planning: These 3 issues are making it extra hard right now (usatoday.com) TIMESTAMPS: 1:22 – USA Today Article 2:37 – Confused about income growth 8:14 – How much Social Security will provide 13:23 – Withdrawal rates are a mystery 16:29 – Simple approach or making a plan ...
Ep 124: State of the Market and Current Inflation
March 03, 2022 10:00 - 20 minutes - 19.4 MBThe current state of the market and the rate of inflation may be making you nervous. How do we expect current events to impact your retirement plan and what can we do to protect our financial future? TIMESTAMPS: 0:38 – It’s tax time! 1:01 – Russia’s impact on the market 3:36 – The energy conversation 4:48 – DOW has fallen 1,000 points 7:23 – Inflation is also overdue 12:20 – What defines a bear market? 13:52 – Having an emergency fund 16:17 – Is 2022 still hopeful? 18:03 – Is t...
Ep 123: What is the Most Important Part of Retirement Planning?
February 24, 2022 10:00 - 16 minutes - 15.3 MBThe most important part of retirement planning is going to look different for everyone. On today’s show, we discuss some expert claims about the most important part of planning and whether Phil agrees or disagrees. TIMESTAMPS: 1:00 – The most important part to you 2:14 – Deciding what to do with your time 3:57 – The best time to start saving is now 5:19 – How much income do you need? 6:53 – How much do you want to spend? 9:30 – Balancing risk and return 12:36 – Enjoying your r...
Ep 122: Values-Based Planning
February 17, 2022 10:00 - 17 minutes - 16.4 MBHow do we incorporate our values into our financial plan? On today’s episode, we discuss some common values and how they fit into your overall retirement plan. TIMESTAMPS: 0:25 – Happy Valentine’s Day! 1:44 – Family 2:46 – Faith 6:22 – Education 9:05 – Career 12:13 – Charitable giving 13:44 – Having fun! ADDITIONAL INFORMATION: https://philstaxhacks.com/
Ep 121: Planning for the Things We Can’t Predict
February 10, 2022 10:00 - 18 minutes - 16.7 MBYou can’t predict a lot of things: how long you’ll live, the next market crash, healthcare costs, tax rates. But you still have to plan for these things. On today’s episode, we’ll explore how you should handle planning for the things you can't predict. TIMESTAMPS: 2:01 – When will the next market crash be? 4:59 – What will healthcare costs be? 6:51 – What are tax rates going to look like? 9:51 – How long are you going to live? ADDITIONAL INFORMATION: https://philstaxhacks.com/
Ep 120: How Much Are Your Money Biases Costing You?
February 03, 2022 10:00 - 21 minutes - 29.1 MBMost of us have some biases when it comes to money. Are you afraid of risk? Are you thinking far enough into the future? On today’s episode, we discuss the different types of money biases and whether they could be costing you financially. TIMESTAMPS: 1:11 – January market closing 1:39 – Morning Star study 2:26 – Key Points of study 2:50 – Present Bias 4:48 – Overconfidence 5:51 – Loss Aversion 7:17 – Low levels of money bias 10:10 – Avoiding biases with a plan 11:00 – Build spe...
Ep 119: How Do Kids Factor into Retirement Planning?
January 27, 2022 10:00 - 21 minutes - 29.4 MBWhat role do our kids or grandkids play in our retirement plans? A lot of people want to save for their children and help them with big expenses like college. Doing so is great, but you have to incorporate that into your plan. TIMESTAMPS: 1:46 – College expenses 4:58 – Trouble with the job market 7:10 – Grandkid expenses 11:42 – Special needs expenses 14:12 – Generational wealth ADDITIONAL INFORMATION: https://philstaxhacks.com/
Ep 118: Don’t Fumble in the Retirement Red Zone
January 20, 2022 19:57 - 18 minutes - 26.2 MBWinning a football game is a lot like planning for retirement. As you enter the red zone, you don’t want to fumble the ball. When you’re getting close to retirement, you certainly don’t want to fumble your retirement. On today’s episode, we’ll discuss how to keep your retirement protected as you enter the retirement red zone. TIMESTAMPS: 1:39 – What is the financial red zone? 2:36 – Being cautious in the red zone 5:40 – Real consequences of inflation 8:32 – Top mistakes people make ...
Ep 117: What They’re Saying - 2022 Economic Predictions
January 13, 2022 10:00 - 21 minutes - 30 MBA lot of economic predictions are floating around about 2022. On today’s show, we’ll ask Phil his opinion on these predictions regarding GDP, inflation, the housing market, and more. TIMESTAMPS: 0:38 – Settling into the New Year 2:15 – The GDP growing by 3.9% 4:58 – Will the housing market cool off? 7:30 – Inflation won’t end anytime soon 9:17 – 2022 will see significant inflation 11:11 – “The Great Resignation” in 2022 17:41 – Consumers, COVID, and price increases ADD...
Ep 116: How “The Great Resignation” Could Impact You
January 06, 2022 10:00 - 19 minutes - 17.7 MBMillions of people are leaving their jobs. They are pausing work, retiring early, or changing career paths. What is “The Great Resignation” and how could it impact your retirement plan? Read more and get additional financial information: https://philstaxhacks.com/podcast/ep-116-how-the-great-resignation-could-impact-you/ Check out the Forbes article: https://www.forbes.com/advisor/retirement/great-resignation/ What we discuss today: 0:29 – Welcome to 2022! 1:05 – “The Great Re...
Ep 115: 22 Money Resolutions for 2022 Part 2
December 21, 2021 10:00 - 19 minutes - 26.5 MB2022 is almost here! On today’s episode, we’ll finish our 22 money resolutions for 2022. How many of these can you accomplish? Read more and get additional financial information: https://philstaxhacks.com/podcast/ep-115-22-money-resolutions-for-2022-part-2/ What we discuss today: 1:00 – Check your credit 2:48 – Check your fees 5:12 – Share your knowledge 6:45 – Donation opportunities 7:44 – Review your tax bracket 8:14 – Think about Roth conversions 11:11 – Update paycheck wi...
Ep 114: 22 Money Resolutions for 2022 Part 1
December 14, 2021 14:56 - 20 minutes - 28.4 MBAs we ring in the new year, what are some money resolutions we should be thinking about? From reducing your debt to getting more organized we’ll discuss the first 11 of 22 resolutions for 2022. Read more and get additional financial information: https://philstaxhacks.com/podcast/ep-114-22-money-resolutions-for-2022-part-1/ What we discuss today: 1:16 – Reduce your debt 2:07 – Boost retirement savings 3:26 – Emergency fund 5:02 – Don’t overreact to headlines 6:57 – Implement a b...
Ep 113: Mailbag – Retiring Early, Risk, and More
December 09, 2021 10:00 - 20 minutes - 29 MBAre you thinking of retiring early? Is a budget necessary in retirement? Today, we are opening up the mailbag to answer some listener questions about retiring early, risk, pensions, budgets, and more. Read more and get additional financial information: https://philstaxhacks.com/podcast/ep-113-mailbag-retiring-early-risk-and-more/ What we discuss today: 1:42 – “What key things should we know about retiring early?” 5:39 – “What kind of risks should I be aware of at 65?” 8:21 – “Sho...
Ep 112: Retirement Late Bloomers
December 02, 2021 10:00 - 16 minutes - 23.4 MBA lot of people feel behind when it comes to saving for retirement. What are some ways we can catch up? Even if you don’t feel behind these are great tips to keep in mind to save a bit more as you get closer to retirement. Read more and get additional financial information: https://philstaxhacks.com/podcast/ep-112-retirement-late-bloomers/ What we discuss today: 0:54 – How do you know you are behind? 2:24 – Catch-up contributions 5:12 – Kids are coming off the payroll 7:01 – Eli...
Ep 111: Dropping the Ball Financially
November 18, 2021 10:00 - 17 minutes - 24.5 MBIf your advisor seems to only be interested in discussing investments and growth, it may be time to take a step back and make sure all of your retirement pieces are being addressed. On today’s show, we will discuss 5 areas advisors can drop the ball and how you can stay vigilant in protecting your retirement plan. Read more and get additional financial information: https://philstaxhacks.com/podcast/ep-111-dropping-the-ball-financially/ What we discuss today: 0:35 – Looking forwa...
Ep 110: 4 Unreasonable Requests
November 11, 2021 10:00 - 17 minutes - 24.8 MBAlthough you may never ask something unreasonable of your advisor, it’s important to know where that line is. It will help you manage your expectations. On today’s episode, we will discuss 4 unreasonable things to ask of or expect from your financial advisor. Read more and get additional financial information: https://philstaxhacks.com/podcast/ep-110-4-unreasonable-requests/ What we discuss today: 0:41 – We’re into mid-November 1:31 – I want big returns, but no risk 5:56 – Can y...
Ep 109: Living the Dream
November 04, 2021 09:00 - 16 minutes - 22.6 MBRetirement planning is not all about finances, we also need to think about our lifestyles and what activities will make us happy from day to day. Today, we’ll discuss what it means to live the dream and hopefully inspire you to plan out your unique goals. Read more and get additional financial information: https://philstaxhacks.com/podcast/ep-109-living-the-dream/ What we discuss today: 0:44 – We are into November! 2:00 – Our social circle 3:54 – Couples in retirement 6:30 – Goi...
Ep 108: Overconfidence in Financial Planning
October 28, 2021 09:00 - 17 minutes - 16.5 MBWe want confidence and stability in our retirement plans but overconfidence can cause us to make financial mistakes. Today we are discussing some common areas of overconfidence in financial planning and how we can manage these areas. Read more and get additional financial information: https://philstaxhacks.com/podcast/ep-108-overconfidence-in-financial-planning/ What we discuss today: 0:55 – Happy Halloween 2:36 – Stock market 5:50 – A certain number 8:48 - Rules of thumb 11:1...
Ep 107: Tax Consequences – Pros and Cons
October 21, 2021 09:00 - 17 minutes - 16.3 MBDo you know the tax consequences on your retirement accounts? Today, we will be discussing 5 different types of accounts and the tax pros and cons with each. Read more and get additional financial information: https://philstaxhacks.com/podcast/ep-107-tax-consequences-pros-and-cons/ What we discuss today: 1:00 – Tax-deferred 3:11 – Tax-free accounts 6:00 – Taxable accounts 7:47 – CDs 9:43 – Life Insurance
Ep 106: What is ”Risk Averse”?
October 14, 2021 09:00 - 20 minutes - 18.9 MBEveryone is different when it comes to risk tolerance. A lot of us think we are risk-averse, but we may be taking on more risk than we realize. On today’s episode, Phil is going to discuss risk aversion and how it affects our retirement plan. Read more and get additional financial information: https://philstaxhacks.com/podcast/what-is-risk-aversion/ What we discuss today: 0:28 – Enjoying the fall 1:27 – California’s new law 2:38 - $600 IRS Report 6:00 – Being risk-averse 7:14 –...
Ep 105: Financial Mistakes Couples Make
October 07, 2021 09:00 - 20 minutes - 18.6 MBFinances can cause a lot of stress for couples. However, planning together is crucial to your overall financial plan. On today’s episode, we will highlight a few areas that couples need to focus on as a team. Read more and get additional financial information: https://philstaxhacks.com/podcast/ep-105-financial-planning-as-a-couple/ What we discuss today: 0:55 – The many hats Phil wears 2:03 – The Pension spousal benefit option 4:26 – Social Security strategy 6:35 – Plans for re...
Ep 104: Can You Put Off These Financial Decisions?
September 30, 2021 09:00 - 16 minutes - 15.4 MBWe all tend to procrastinate from time to time, even when it comes to our finances. However, there are many things that we don’t want to put off addressing in our financial plan. On today’s episode, Phil will discuss 5 financial decisions that people tend to put off and whether it is okay to do so. Read and get additional financial information: https://philstaxhacks.com/podcast/ep-104-can-you-put-off-these-financial-decisions/ What we discuss today: 0:39 – Catching up with Phil 1:...
Ep 103: What Do You Need To Know About the Recent Tax Proposal?
September 23, 2021 09:00 - 18 minutes - 16.9 MBIf the recent tax proposals were to pass, how would it affect your financial plan? Some things we may want to look out for include changes in capital gains and Roth conversions. Phil talks about who could be most impacted if these proposals became a reality. Read and get additional financial information: https://philstaxhacks.com/podcast/ep-103-what-do-you-need-to-know-about-the-recent-tax-proposal/ What we discuss today: 0:12 - Let’s talk about tax proposals in Congress. 3:23 - ...
Ep 102: 5 Ways to Mind the Gap
September 16, 2021 09:00 - 19 minutes - 26.8 MBThere may be a few gaps that we might not notice when we are working on our retirement plan. So, to better prepare you for the future, we will be discussing some of the gaps you need to keep an eye out for and how you can address them. Read more and get additional financial resources here: https://philstaxhacks.com/podcast/ep-102-5-ways-to-mind-the-gap/ Watch the video podcast: https://youtu.be/i7Tmeomyw7A What we discuss on this episode: 0:32 - What inspired today’s podcast? ...
Ep 101: Red Flags in Your Financial Plan
September 09, 2021 09:00 - 16 minutes - 22.9 MBAre you worried you’re missing some red flags in your financial plan? Let’s talk through what you need to know and where you should better prepare. Read more and get additional financial resources here: https://philstaxhacks.com/podcast/ep-101-red-flags-in-your-financial-plan/ Watch the video podcast: https://youtu.be/-8SUd_vExGo What we discuss on this episode: 0:27 - Marc has a new studio set-up! 1:05 - How is Phil? 1:32 - What red flags should you look for? 2:05 - Can you...
Ep 100: How Age & Wisdom Effect Retirement
September 02, 2021 09:00 - 17 minutes - 24.4 MBLet’s talk about one of the primary benefits of aging: wisdom. Phil shares some of the key things to consider in order to make wise decisions as you age and near retirement. Read more and get additional financial information: https://philstaxhacks.com/podcast/ep-100-age-wisdom/ Watch the video podcast: https://youtu.be/-x5lDhWYZPw Key Points: 0:13 - It’s our 100th episode! 1:36 - What has Phil seen in the industry? 2:39 - What’s the difference between now and 20 years ago? ...
Ep 99: Breaking Down Economic News in Bits and Pieces
August 26, 2021 09:00 - 16 minutes - 22.3 MBHow can what’s happening this year shape our financial plans moving forward? We talk through several current events in the economy and what impact it could have on the future. Read more and get additional financial resources here: https://philstaxhacks.com/podcast/ep-99-breaking-down-economic-news-in-bits-and-pieces/ Watch the video podcast: https://youtu.be/0fKc8iPYNdg What we discuss on this episode: 1:35 - 2021 is still a challenge. 2:06 - The housing market may have peak...
Ep 98: What Makes Phil Tick?
August 19, 2021 09:00 - 18 minutes - 16.8 MBTo get to know Phil a bit more, we ask a few questions to find out how he got to where he is today. From his influences and hobbies to what he likes most about the job, today’s podcast is all about what makes Phil tick. Read more and get additional financial resources here: https://philstaxhacks.com/podcast/ep-98-what-makes-phil-tick/ Watch the video podcast: https://youtu.be/tdzheuWPHY0 What we discuss on this episode: 1:09 - Who shaped Phil’s view of money? 2:48 - What’s th...
Ep 97: Why You Need Retirement Customization
August 12, 2021 09:00 - 21 minutes - 30.3 MBRetirement is not one-size-fits-all. Just like your bank account, family size, job, and home, you have a number of factors to add up to create a unique situation. On today’s podcast we talk through some of the areas of your retirement that you need to make sure is decided based on your needs and goals. Read more and get additional financial resources here: https://philstaxhacks.com/podcast/ep-97-why-you-need-retirement-customization/ Watch the video podcast: https://youtu.be/Wx3794G...
Ep 96: The SECURE Act 2.0
August 05, 2021 09:00 - 17 minutes - 16.4 MBThe SECURE Act was passed in 2019, but is now facing possible amendments being added for the SECURE Act 2.0. On today’s episode of the podcast, we talk through these proposed changes and what that means for you. Read more and get additional financial resources here: https://philstaxhacks.com/podcast/ep-96-the-secure-act-2-0/ Watch the video podcast: https://www.youtube.com/channel/UCGS8K5-iPEy6b7fu4pLNLtA What we discuss on this episode: 1:35 - The SECURE Act is facing possib...
Ep 95: Things That Don’t Matter…Until They Do
July 22, 2021 09:00 - 15 minutes - 13.8 MBThere are a lot of things that don’t feel important, until you suddenly need them. What items do you need to be thinking about now, before it’s too late? On today’s podcast, Phil talks through the four things you want to take care of sooner rather than later. Read more and get additional financial resources here: https://philstaxhacks.com/podcast/things-that-dont-matteruntil-they-do/ What we discuss on this episode: 0:25 - What’s lake life like for Phil? 1:24 - What doesn’t matte...
Ep 94: What Retirement Are You Living For?
July 15, 2021 09:00 - 17 minutes - 23.6 MBHave you started daydreaming about what retirement looks like? Let’s talk today about what it takes to make that retirement dream a reality. Read more and get additional financial resources here: https://philstaxhacks.com/podcast Watch the video podcast: https://youtu.be/X7eECbIY9_A What we discuss on this episode: 0:45 - Summer time is vacation time. 1:40 - Retirement could include spending time with family. 3:23 - How do you structure your spending and retirement income? 5:3...
Ep 93: 5 Things to Know About Decumulation
July 08, 2021 09:00 - 12 minutes - 11.4 MBHow hard or easy is it to spend your retirement savings? On today’s show we talk about the process and how to get it right. Read more and get additional financial resources here: https://philstaxhacks.com/podcast/ep-93-5-things-to-know-about-decumulation/ Watch the video podcast: https://youtu.be/xzRUgJBaV-g What we discuss on this episode: 0:24 - Today we are on location: on vacation! 1:19 - Let’s talk about decumulation. 2:06 - Do you have the proper support? 6:13 - Do yo...
Ep 92: What is Your Spending Personality?
July 01, 2021 09:00 - 13 minutes - 18.5 MBDo you know your spending type? What about your spouse’s spending type? How does that impact your financial plan? Phil talks us through the different types and how they pair with others. Read more and get additional financial resources here: https://philstaxhacks.com/podcast/ep-92-what-kind-of-a-spender-are-you/ Watch the video podcast: https://youtu.be/MGqTUBHOzeE What we discuss on this episode: 0:30 - The 4th of July is here! 1:06 - Let’s talk about the four different typ...
Ep 91: Uncommon Sense
June 24, 2021 12:48 - 22 minutes - 30.4 MBDo you ever think you’re doing it right but then find out it’s all wrong? Let’s talk uncommon sense in financial planning and what you should be doing. Read more: https://philstaxhacks.com/podcast/ep-91-uncommon-sense/ Watch the video podcast: https://www.youtube.com/watch?v=etE_AX6_E3M What we discuss on this episode: 0:19 - What’s the latest with Phil? 0:57 - Cryptocurrency took a hit. 6:20 - Buy low, sell high. 10:30 - Paying more in taxes than we have to. 13:34 - Keepi...
Ep 91: Planning Through Uncommon Sense
June 24, 2021 12:48 - 22 minutes - 30.4 MBDo you ever think you’re doing it right but then find out it’s all wrong? Let’s talk uncommon sense in financial planning and what you should be doing. Read more: https://philstaxhacks.com/podcast/ep-91-uncommon-sense/ Watch the video podcast: https://www.youtube.com/watch?v=etE_AX6_E3M What we discuss on this episode: 0:19 - What’s the latest with Phil? 0:57 - Cryptocurrency took a hit. 6:20 - Buy low, sell high. 10:30 - Paying more in taxes than we have to. 13:34 - Keepi...
Ep 90: Not Your Father’s Retirement
June 17, 2021 09:00 - 22 minutes - 30.4 MBAs we approach Father’s Day, we’re thinking about dear old Dad. Maybe he was your hero or maybe you never really knew the real him. One thing’s for sure, your retirement is certainly going to be different than his. Read more: https://philstaxhacks.com/podcast/ep-90-not-your-fathers-retirement/ Watch the video podcast: https://youtu.be/WsGZ_zSVR-A What we discuss on this episode: 0:17 - Let’s talk about Dad. 2:05 - Retirement is different these days. 7:06 - Retirement might ...
Ep 89: The Three Worlds of Money
June 10, 2021 09:00 - 21 minutes - 30.3 MBWhere should your money go? First you need to understand the three worlds of money: banking, insurance, and Wall Street (or stock investing). On today’s episode of the podcast, Phil shares more about each world and striking the right balance of them in your financial plan. Read more and get additional financial resources here: https://philstaxhacks.com/podcast/ep-89-the-three-worlds-of-money/ Watch the video podcast: https://youtu.be/JpnFWdPuxzk What we discuss on this episode:...
Ep 88: 5 Words That Describe Retirement
June 03, 2021 09:00 - 14 minutes - 19.9 MBThe MIT AgeLab did a study a couple of years ago asking people for five words to describe what retirement looked like. They came back with 928 words, but on today’s episode of the podcast, we’ll talk through the top words mentioned. What does retirement look like or mean to you? Read more and get additional financial resources here: https://philstaxhacks.com/podcast/ep-88-5-words-that-describe-retirement/ Watch the video podcast: https://youtu.be/Cpk9i9U8bfw What we discuss on t...
Ep 87: Playing the ‘What if?’ Financial Game
May 27, 2021 09:00 - 21 minutes - 19.6 MBThere’s a lot we can’t control, but we can prepare for what might happen in different “what if” scenarios. On today’s episode of the podcast, we discuss a number of “what if” scenarios (some more likely than others) to see how we could prepare for them today. Read more and get additional financial resources here: https://philstaxhacks.com/podcast/ep-87-playing-the-what-if-financial-game/ Watch the video podcast: https://youtu.be/IOSP7yQ2p-Q What we discuss on this episode: 0...
Ep 86: Do Retirees Really Need Life Insurance?
May 20, 2021 09:00 - 20 minutes - 18.9 MBTypically, we think of life insurance for a young family to care for your spouse and kids if the worst were to happen. Do you really need life insurance though once the kids are grown? Should you have life insurance in retirement? Read more and get additional financial resources here: https://philstaxhacks.com/podcast/do-retirees-really-need-life-insurance/ Watch the video podcast: https://youtu.be/swozJJza9Ds What we discuss on this episode:
Ep 85: Financial Planning in President Biden's America
May 13, 2021 09:00 - 23 minutes - 21.8 MBWith the latest changes and spending proposals, we discuss how the economy might be impacted. What should you do now to prepare? Read more and get additional financial resources: https://philstaxhacks.com/podcast/ep-85-financial-planning-in-president-bidens-america/ Watch the video podcast: https://youtu.be/KrqNfL2aEqc What we discuss on this episode: 0:29 - Got gas? 1:11 - What’s going on with the nation right now? 1:52 - Coronavirus response caused a lot of spending. ...
Ep 84: Frequently Asked Questions About Bonds
May 06, 2021 09:00 - 14 minutes - 13.8 MBHow much do you know about bonds? We’ll share some frequently asked questions and answers in today’s show. Read more and get additional financial resources here: https://philstaxhacks.com/podcast/ep-84-frequently-asked-questions-about-bonds/ Check out our video podcast: https://www.youtube.com/channel/UCGS8K5-iPEy6b7fu4pLNLtA/featured What we discuss on this episode: 0:28 – What is a bond? 1:46 – Bond funds vs. individual bond 5:05 – Cost of bond fund vs. individual bond 6...
Ep 83: Financial Fact or Fiction?
April 22, 2021 09:00 - 18 minutes - 17.1 MBWhat’s fact and what’s fiction when it comes to these financial planning concepts? Phil sets the record straight in order for you to plan accordingly. Read more and get additional financial resources here: https://philstaxhacks.com/podcast/ep-83-financial-fact-or-fiction/ Watch the video podcast: https://youtu.be/DY69Ko0EGA8 What we discuss on this episode: 0:50 - Listen for Phil to say “run the numbers” on the podcast. 2:11 - “Your Social Security can be taxable.” 4:00 ...
Ep 82: How Long Would A Million Bucks Last in Retirement?
April 15, 2021 09:00 - 18 minutes - 16.9 MBIf you had $1 million saved for retirement, how long could you live off of that? A lot of it depends on where you live. Let’s check out some possibilities across the country on today’s podcast. Read more and get additional financial resources here: https://philstaxhacks.com/podcast/ep-82-how-long-would-a-million-bucks-last-in-retirement/ Watch the video podcast: https://youtu.be/DjjU0NJ9j5w What we discuss on this episode: 0:58 - How long a million bucks last? 2:52 - San F...