Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®
200 episodes - English - Latest episode: 19 days ago - ★★★★★ - 22 ratingsPlanning Retirement Smarter. Living Retirement Better. With Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP® of True Wealth Design. #Retire #Stocks #Investing #401k #IRA #CFP #TrueWealthDesign. Contact at https://www.truewealthdesign.com/ or by calling 855-893-7526.
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Episodes
Real Estate, Taxes, & College Oh My!
April 25, 2024 09:01 - 59 minutes - 54.2 MBWe welcome Kevin Kroskey, CFP®, MBA, back in action, joining Tyler Emrick, CFA, CFP®, on this potpourri-type episode. Hear Kevin's perspective on the last episode, coming changes in the residential real estate market, and why they will be good for consumers. He'll also share some lessons learned from this tax season and differences between tax-only clients and clients who receive coordinated tax and wealth management services. Hear Tyler share recent client stories from new clients a...
Historic Changes To The Residential Real Estate Industry Will Be Good For You (And Are Similar To Changes Occur-ring In Financial Advice)
April 11, 2024 09:01 - 30 minutes - 28 MBGone are the days of 6% commissions when selling a home!? Well, sort of. In this episode, we unpack the $418 million proposed settlement that will likely reshape the real estate industry. While change creates winners and losers, consumers will generally be winners as the industry wheat will further separate from the chaff. Hear Tyler Emrick, CFA®, CFP®, reflect on similarities to the financial planning industry's evolution from stock traders to advisors, from selling products to providing a...
How to Avoid A Surprise Bill at Tax Time
March 28, 2024 09:00 - 29 minutes - 27 MBWhen it comes to finances, paying a big bill at tax time is the worst. Worse yet, is if that bill comes as a surprise because your CPA, Investment Professional, and Financial Planner were not on the same page. In this episode, Tyler Emrick, CFA®, CFP®, sheds light on traditional culprits that cause nasty surprises at tax time. Whether it is capital gain distributions, higher interest rates, or under-withholding on your income we cover it all on today’s episode of Retire Smarter. Here’s ...
Smarter Ways To Financially Help Your Children & Grandchildren
March 14, 2024 09:01 - 32 minutes - 29.7 MBSo, what are smarter ways to save or gift to your family? In this episode listen to Tyler Emrick, CFA®, CFP® discuss how to gift wisely, be supportive of and not inhibit responsible financial behaviors, utilize intra-family loans, and optimize benefits for your family today and into the future. Here’s some of what we discuss in this episode: What the statistics tell us about how closely tied parents and young adult children are emotionally and financially these days. Some smart ways to...
How Risky of An Investor Are You?
February 29, 2024 10:02 - 36 minutes - 33.7 MBIn this episode, Tyler Emrick, CFA®, CFP®, takes a deep dive into the world of risk. Is filling out a simple questionnaire sufficient? How about telling your advisor, "I'm moderately conservative?" Don't these seem fuzzy at best? Hear how your perceived risk and diversification may differ – sometimes substantially – from mathematical reality. And be sure to listen in to how Tyler and the team at True Wealth can help you more appropriately find the right risk level, which probably should ch...
What Do Clients Value Most in A Financial Advisor?
February 08, 2024 19:00 - 31 minutes - 28.8 MBIn this episode, we investigate the pivotal points that clients continually express genuinely matter when seeking financial guidance. Hear Tyler Emrick, CFA®, CFP®, explore the deeper aspects of working with a Financial Advisor and how they hold significance when choosing and continuing to work with a financial professional. Here’s some of what we discuss in this episode: How a conversation with his wife sparked the idea for this show for Tyler. How we get feedback from our clients to...
How to Plan for RMDs (Required Minimum Distributions)
January 25, 2024 10:01 - 28 minutes - 26.2 MBIn this podcast, hear Tyler Emrick, CFA®, CFP®, delve into the often misunderstood world of Required Minimum Distributions (RMDs). Join us as we uncover the essential strategies and tips to help you navigate RMDs and make informed decisions for a secure and fulfilling retirement. Whether you’re new to RMDs or seeking to optimize your distribution strategy, this podcast is your go-to resource for mastering the art of income and distribution planning. Here’s some of what we discuss in thi...
New Year’s Resolutions – Better Yet Goals for Financial Success In 2024
January 11, 2024 10:00 - 28 minutes - 26 MBEach year, about two-thirds of Americans plan on making a financial-related New Year’s resolution for the year ahead, with just over 80% of them bailing on that resolution before January ends. Don’t bail on your financial resolution! Join us on this episode of Retire Smarter as Tyler Emrick, CFA®, CFP®, gives easy and actionable suggestions for what financial goals should be a part of your financial New Year’s resolution to overcome the odds and put yourself in a better financial situatio...
When Taking Social Security Early Makes Sense
December 28, 2023 10:02 - 25 minutes - 22.9 MBJoin us on this eye-opening episode of Retire Smarter as Tyler Emrick, CFA®, CFP® delves into the intriguing world of Social Security benefits. While delaying your benefit is often the obvious choice, we challenge conventional wisdom and explore scenarios where taking Social Security early can actually be a smart financial move. Here’s some of what we discuss in this episode: We’ll explore an article listing reasons why you should claim early. The typical considerations that come into...
Constructing a Portfolio in Retirement
December 14, 2023 10:01 - 41 minutes - 38.1 MBPick your favorite financial publication. One minute, they tout a financial collapse and pending recession, and then seemingly on a dime, headlines change to - "cash yields are attractive" and "the stock market finishes at its highest level in twelve months." Making portfolio decisions through all the noise can be a challenge. What is the right investment strategy? How much should you put in stocks? Do you need bonds? CDs? What type of stocks or bonds? What about other or "alternative" inves...
8% Safe Withdrawal Rate In Retirement? What!!
November 30, 2023 10:02 - 28 minutes - 26.1 MBRecently, famous radio show host and personal finance guru Dave Ramsey made headlines by saying he’s perfectly comfortable with an 8% withdrawal rate in retirement. Critics were quick to respond, calling his advice scary, dangerous, and just plain wrong. So, who’s right? On this episode, hear Tyler Emrick, CFA®, CFP®, break down Ramsey’s comments and how you should be thinking about income and spending in retirement. Here’s some of what we discuss in this episode: How Dave Ramsey exp...
The Early Years of Retirement: Navigating Healthcare, Finances, and Tax Strategies
November 16, 2023 10:02 - 31 minutes - 28.8 MBOn this episode, we dive into real-life scenarios to gain insight into crafting a successful and early retirement plan. Hear Tyler Emrick, CFA®, CFP®, dissect a client's journey of retiring in their late 50s. Exploring the intricacies of their tax-smart distribution plan to fund their retirement lifestyle and obtained significant tax credits to offset their pre-Medicare healthcare costs. Here’s some of what we discuss in this episode: Background on a real-life scenario with a family we...
Yearend Financial Check-up & Tax Moves
October 26, 2023 09:00 - 25 minutes - 22.9 MBIt's that time of year again … the fourth quarter. Before you get enthralled with the holiday season, it's time to look back over this year and towards the next. Have you completed all the financial goals you set this year? Reviewed your medical coverage? Executed your tax planning for the year? Set your preliminary tax strategy and retirement distribution plan for next year? If not, there is still time! Listen to Tyler Emrick, CFA®, CFP®, discuss how True Wealth Design ensures your importa...
Retirement Nest Egg: Having Enough & Making Sure It Lasts
October 12, 2023 09:02 - 33 minutes - 30.5 MBThe emotions and questions seem to come from everywhere and out of nowhere as you inevitability approach retirement. Even the most prepared will ask, second guess, and then ask again: Do I have enough to retire? How do I ensure it lasts? Leading retirement researcher Moshe Milevsky addressed this in a paper "How Long Will a Nest Egg Last." In this episode, Tyler Emrick, CFA®, CFP®, takes a different approach to try and answer that critical question. Hear Tyler give actionable steps in pl...
Avoid Losing $17K Yearly From Bad Investment Decisions
September 28, 2023 09:00 - 25 minutes - 23.2 MBSurprise! Another robust study showed investors are still underperforming and making bad investment decisions. Morningstar released its yearly "Mind the Gap" study last month, showing investors have lost on average 1.7% yearly -- that's $17,000 on a $1,000,000 portfolio -- over the last decade. Why so and how can we stop the madness?! In this episode hear Tyler Emrick, CFA®, CFP® break down the study's results and describe how True Wealth helps families not make the same mistakes as the ave...
Should Retirees Change Their Portfolio Strategy Based On Predictions of the US Dollar’s Demise?
September 14, 2023 09:00 - 21 minutes - 20.2 MBHere it comes again… F. E. A. R. This time manifest from headlines of the U.S. dollar’s demise as a reserve currency, spiraling inflation, low growth and an expressway to investment-return hell. Listen to Kevin Kroskey, CFP®, MBA cut through the B.S. to understand what the economic risks are or are not and how they do or do not translate to your investment strategy. Here are some of the things we will discuss in this episode: The questions we’ve been getting from clients about the...
How Tax-Smart Income Targeting Can Allow You To Retire Earlier While Saving Taxes
August 31, 2023 09:02 - 34 minutes - 31.5 MBHear Tyler Emrick, CFA®, CFP®, peel back the onion on income targeting – a critical part of a successful retiree’s overall Tax-Smart Distribution Planning. Learn how this type of planning, coupled with careful “Asset Location” decisions, can save a lot in tax over a multitude of years, allowing you to potentially retire earlier, spend more, or give more. And be sure to pay attention to how True Wealth uses these strategies to benefit clients no matter what, whether they are still working or...
Income Targeting - Should We Even Care About IRMAA?
August 10, 2023 09:01 - 26 minutes - 24.6 MBIt's often beneficial to target income for tax planning purposes while working and even more so during your retirement years when you have more control over how you generate your income. Realizing income in lower brackets while avoiding higher brackets is the essence of this strategy which can quickly get complex. In this episode, Tyler Emrick, CFA®, CFP®, reviews a recent article from Dr. James M. Dahle of the popular "The White Coat Investor" blog and podcast that suggests planning for th...
Do You Have Unrealistic Portfolio Return Expectations?
July 27, 2023 09:02 - 27 minutes - 25.5 MBIn this episode, Tyler Emrick CFA®, CFP® explores the disconnect between some investors' return expectations. Learn common mistakes people make and traps they may then fall into. And be sure to pay attention to what historical performance tells us, and how, if the forecasts of the big institutional investors are reasonably accurate, these investors could be setting themselves up for severe disappointment. Here are some of the things we will discuss in this episode: Why expectations...
What’s The Big Deal With Roth Conversions And Why Should You Care?
July 13, 2023 09:02 - 19 minutes - 18 MBIn this episode, Tyler Emrick CFA®, CFP® talks through the financial impacts of implementing a well-thought-out Roth conversion strategy. Hear how his clients overcame the emotional struggle of paying a large upfront tax bill to build wealth and provide better outcomes for themselves and their families. Have questions? Need help making sure your investments and retirement plan are on track? Click to schedule a free 15-minute call with one of True Wealth's CFP® Professionals. http://b...
No More TINA - An Investment Update
June 29, 2023 17:43 - 34 minutes - 31.7 MBThere Is No Alternative or TINA has been used throughout history and is mostly strongly associated with the UK's Marget Thatcher. The phrase is used to signify Thatcher's claim that "the market economy is the best, right and only system that works, and that debate about this is over." More recently, TINA was popularly used to describe the stock market in light of low interest rates and correspondingly low yield-based returns. There is no alternative to stocks. Hear Kevin Kroskey, CFP, MBA d...
Your Wealth, Your Retirement – How Can You Do It Better?
June 15, 2023 09:02 - 34 minutes - 31.9 MBIn this episode, hear Tyler Emrick, CFA®, CFP®, talk through what it means to be wealthy and how your own perception of personal wealth can be a powerful force that leads you astray or opens your eyes to better outcomes and, ultimately, a happier retirement. Have questions? Need help making sure your investments and retirement plan are on track? Click to schedule a free 15-minute call with one of True Wealth's CFP® Professionals. http://bit.ly/calltruewealth Here are some of the ...
Portfolio Moves in Light of Recession Fears
May 25, 2023 09:01 - 26 minutes - 24.4 MBIs the U.S. economy heading toward a recession? This question is seemingly perennial but has undoubtedly been a hot topic in the last year. Listen as Tyler Emrick, CFP®, CFA® talks you through what the data shows on how investment markets have performed in past recessions and whether being able to time recessions is likely to help your portfolio. Have questions? Need help making sure your investments and retirement plan are on track? Click to schedule a free 15-minute call with one of T...
Social Security’s Uncertain Future & Impacts On Your Retirement
May 11, 2023 09:02 - 20 minutes - 18.9 MBWe've all heard about Social Security's funding troubles. Is this why some decide to start benefits early? If Social Security were reduced, can it make sense to defer claiming? Hear Tyler Emrick, CFA, CFP, discuss a recent Wall Street Journal article on these topics as well as other recent proposals from Congress and academics that may impact the system. You paid in. Let's learn how you can get your fair share out. Here are some of the things you’ll learn in this episode: Why so many p...
Widowed in Retirement - How to Plan for the Financial Changes
April 27, 2023 13:23 - 26 minutes - 24.3 MBLosing a spouse is difficult. Losing a spouse that handles your household finances is devastating. Hear Tyler Emrick, CFA®, CFP®, discuss what you need to know to ensure your household is in good financial shape after you pass and how True Wealth Design helps families when they need it the most – after a loss of a loved one. Here are some of what we discuss in this episode: Experience working with families in this situation. (1:26) The problems that arise when just one spouse handles...
Ep 122: Widowed in Retirement - How to Plan for the Financial Changes
April 27, 2023 13:23 - 26 minutes - 24.3 MBLosing a spouse is difficult. Losing a spouse that handles your household finances is devastating. Hear Tyler Emrick, CFA®, CFP®, discuss what you need to know to ensure your household is in good financial shape after you pass and how True Wealth Design helps families when they need it the most – after a loss of a loved one. Here are some of what we discuss in this episode: Experience working with families in this situation. (1:26) The problems that arise when just one spouse handles...
Faulty Retirement Assumptions
April 13, 2023 09:00 - 28 minutes - 26.4 MBA solid retirement plan starts with making reasonable assumptions on myriad items -- your retirement lifestyle and its associated spending and what you can reasonably expect from your investments to just name a few. Poor assumptions will get you off on the wrong foot and may force you to make severe and undesirable lifestyle reductions to get back on track. Hear Tyer Emrick, CFA®, CFP® discuss common assumptions and where they go wrong. We've all heard the saying about when you 'ass-u-me...
Ep 121: Faulty Retirement Assumptions
April 13, 2023 09:00 - 28 minutes - 26.4 MBA solid retirement plan starts with making reasonable assumptions on myriad items -- your retirement lifestyle and its associated spending and what you can reasonably expect from your investments to just name a few. Poor assumptions will get you off on the wrong foot and may force you to make severe and undesirable lifestyle reductions to get back on track. Hear Tyer Emrick, CFA®, CFP® discuss common assumptions and where they go wrong. We've all heard the saying about when you 'ass-u-me...
Bank Busts & Safeguards for Your Investment Funds
March 17, 2023 13:17 - 43 minutes - 39.4 MBThere has been a lot of misinformation regarding and uncertainty caused by the recent bank failures. You may have concerns about whether your money is at risk whether at a bank or at custodians such as Charles Schwab, Fidelity, Pershing, or TD Ameritrade. Hear Kevin Kroskey, CFP®, MBA give a summary of what happened at Silicon Valley Bank and explain why your bank account should be thought of as a loan to the bank (because it is!). Conversely, he'll detail key investor protections you bene...
Ep 120: Bank Busts & Safeguards for Your Investment Funds
March 17, 2023 13:17 - 43 minutes - 39.4 MBThere has been a lot of misinformation regarding and uncertainty caused by the recent bank failures. You may have concerns about whether your money is at risk whether at a bank or at custodians such as Charles Schwab, Fidelity, Pershing, or TD Ameritrade. Hear Kevin Kroskey, CFP®, MBA give a summary of what happened at Silicon Valley Bank and explain why your bank account should be thought of as a loan to the bank (because it is!). Conversely, he'll detail key investor protections you bene...
Ep 119: Top 5 To-Do’s Before You Retire
March 09, 2023 10:01 - 28 minutes - 26.5 MBGetting to the point where you finally decide to retire is one thing, but trying to ride off into the sunset can be an exceptionally tall task. Hear Tyler Emrick, CFA®, CFP®, talk through his five must-do items to help you feel confident about cutting the paycheck cord. Here are the five things we'll discuss on this episode: Have a non-financial retirement plan. (3:27) Visualize and project. (8:44) Start measuring. (11:23) Create your distribution plan (18:27) Find an expert to he...
Top 5 To-Do’s Before You Retire
March 09, 2023 10:01 - 28 minutes - 26.5 MBGetting to the point where you finally decide to retire is one thing, but trying to ride off into the sunset can be an exceptionally tall task. Hear Tyler Emrick, CFA®, CFP®, talk through his five must-do items to help you feel confident about cutting the paycheck cord. Here are the five things we'll discuss on this episode: Have a non-financial retirement plan. (3:27) Visualize and project. (8:44) Start measuring. (11:23) Create your distribution plan (18:27) Find an expert to he...
Ep 118: How Much Is the Right Amount Of Cash?
February 23, 2023 10:02 - 20 minutes - 19.1 MBComing off a year with unprecedented interest rate hikes, everywhere you turn there is an advertisement for yields on CDs or other types of savings accounts. Clients are asking whether they should consider using these products, and if so, to what extent. Hear Tyler Emrick, CFA®, CFP® discuss pros, cons, and alternative solutions and, more importantly, how you should think about the role cash has in your broader financial, retirement, and investment planning. Here's some of what you'll...
How Much Is the Right Amount Of Cash?
February 23, 2023 10:02 - 20 minutes - 19.1 MBComing off a year with unprecedented interest rate hikes, everywhere you turn there is an advertisement for yields on CDs or other types of savings accounts. Clients are asking whether they should consider using these products, and if so, to what extent. Hear Tyler Emrick, CFA®, CFP® discuss pros, cons, and alternative solutions and, more importantly, how you should think about the role cash has in your broader financial, retirement, and investment planning. Here's some of what you'll...
Ep 117: Nearing Retirement But Facing Potential Layoff?
February 09, 2023 10:01 - 19 minutes - 17.7 MBUnemployment numbers are near historic lows, but for some white-collar professionals, that does not tell the whole story. Many are rightfully concerned their job is at risk, potentially harming a retirement plan that would otherwise be on track. Listen as Tyler Emrick, CFA®, CFP®, talks through what industries are getting hit the hardest and what you can do now to help protect your retirement in the face of job insecurity. Here's some of what you'll learn in this episode: What we're s...
Nearing Retirement But Facing Potential Layoff?
February 09, 2023 10:01 - 19 minutes - 17.7 MBUnemployment numbers are near historic lows, but for some white-collar professionals, that does not tell the whole story. Many are rightfully concerned their job is at risk, potentially harming a retirement plan that would otherwise be on track. Listen as Tyler Emrick, CFA®, CFP®, talks through what industries are getting hit the hardest and what you can do now to help protect your retirement in the face of job insecurity. Here's some of what you'll learn in this episode: What we're s...
Ep 116: What are Retirees Doing After Poor Market Returns in 2022
January 26, 2023 10:02 - 26 minutes - 23.9 MB2022 was a tough year for stock and bond market returns. How are retirees adapting to the falling market? What decisions are they making now to set themselves up for success in the future? Listen as Tyler Emrick, CFP, CFA, shares his clients' stories to uncover their questions and how they plan to navigate the challenges posed by the current market and economic landscape. Here's some of what you'll learn in this episode: Some of the numbers that show just how bad 2022 was for investo...
What are Retirees Doing After Poor Market Returns in 2022
January 26, 2023 10:02 - 26 minutes - 23.9 MB2022 was a tough year for stock and bond market returns. How are retirees adapting to the falling market? What decisions are they making now to set themselves up for success in the future? Listen as Tyler Emrick, CFP, CFA, shares his clients' stories to uncover their questions and how they plan to navigate the challenges posed by the current market and economic landscape. Here's some of what you'll learn in this episode: Some of the numbers that show just how bad 2022 was for investo...
Ep 115: Secure Act 2.0 - Key Impacts on Your Retirement Planning
January 12, 2023 10:01 - 26 minutes - 24.3 MBThe much anticipated Setting Every Community Up for Retirement Enhancement (SECURE) Act 2.0 recently passed Congress as part of the Consolidated Appropriations Act of 2023. While no single change made in this act will have the same level of effect on your retirement planning as some changes made in the original SECURE Act, passed in December 2019, there are far more provisions in this act that may impact your planning. Hear Tyler Emrick, CFP, CFA discuss some of the more impactful changes ...
Secure Act 2.0 - Key Impacts on Your Retirement Planning
January 12, 2023 10:01 - 26 minutes - 24.3 MBThe much anticipated Setting Every Community Up for Retirement Enhancement (SECURE) Act 2.0 recently passed Congress as part of the Consolidated Appropriations Act of 2023. While no single change made in this act will have the same level of effect on your retirement planning as some changes made in the original SECURE Act, passed in December 2019, there are far more provisions in this act that may impact your planning. Hear Tyler Emrick, CFP, CFA discuss some of the more impactful changes ...
Ep 114: Social Security - Planning Strategies, COLA, and Update
December 21, 2022 10:02 - 37 minutes - 34.2 MBWhether you are trying to understand better how Social Security works or looking to optimize your filing strategy, this episode is for you. Hear Tyler discuss some of the less talked about factors impacting your Social Security claiming strategy. Listen as he talks through his clients' most common questions and concerns. All to help you better understand and maximize your benefits. Here's some of what you'll learn on this episode: How Social Security as part of income planning has cha...
Social Security - Planning Strategies, COLA, and Update
December 21, 2022 10:02 - 37 minutes - 34.2 MBWhether you are trying to understand better how Social Security works or looking to optimize your filing strategy, this episode is for you. Hear Tyler discuss some of the less talked about factors impacting your Social Security claiming strategy. Listen as he talks through his clients' most common questions and concerns. All to help you better understand and maximize your benefits. Here's some of what you'll learn on this episode: How Social Security as part of income planning has cha...
Ep 113: Enhancing Your Charitable Giving
December 08, 2022 10:00 - 25 minutes - 23.7 MBMost Americans donate to charity yearly, and many have distinct goals in their retirement plan to meet annual charitable donations. Most also give cash … the tax-efficient way to give. Hear Kevin and Tyler discuss ways to tax-optimize your charitable giving. Whether through bunching your deductions or using donations of appreciated stock, each coupled with a donor-advised fund can help you gain a bigger tax break and meet your charitable goals in the Retire Smarter way. Here's some of w...
Ep 112: Overcoming Financial Missteps & Inaction to Get the Help You Need
November 22, 2022 10:02 - 33 minutes - 30.5 MBIt's usually a life event -- retirement, Social Security age, business sale, death or inheritance -- that tends to drive people to seek financial advice. Those that tend to benefit the most from advice are those whose time is valuable and where the cost of a mistake is high (and potentially irrevocable.) Hear Kevin and Tyler talk about recent meetings they've had with people seeking help. Learn why the problem that brought them in often isn't the real problem. Rather, it's the "unknown unkn...
Overcoming Financial Missteps & Inaction to Get the Help You Need
November 22, 2022 10:02 - 33 minutes - 30.5 MBIt's usually a life event -- retirement, Social Security age, business sale, death or inheritance -- that tends to drive people to seek financial advice. Those that tend to benefit the most from advice are those whose time is valuable and where the cost of a mistake is high (and potentially irrevocable.) Hear Kevin and Tyler talk about recent meetings they've had with people seeking help. Learn why the problem that brought them in often isn't the real problem. Rather, it's the "unknown unkn...
Ep 111: Q4 Check-up & Tax Moves
November 10, 2022 10:01 - 26 minutes - 24 MBIt's that time of year again ... the fourth quarter. Before you get enthralled with the holiday season, it's time to look back over this year and towards the next. Does your lifestyle spending match the goals you have in your plan or do your goals need to be modified to reflect reality? Are your investments well aligned to meet your spending goals or are you exposing yourself to unnecessary lifestyle risk? What tax moves should you make before the end of the year? And what moves should yo...
Q4 Check-up & Tax Moves
November 10, 2022 10:01 - 26 minutes - 24 MBIt's that time of year again ... the fourth quarter. Before you get enthralled with the holiday season, it's time to look back over this year and towards the next. Does your lifestyle spending match the goals you have in your plan or do your goals need to be modified to reflect reality? Are your investments well aligned to meet your spending goals or are you exposing yourself to unnecessary lifestyle risk? What tax moves should you make before the end of the year? And what moves should yo...
Smartly Using Retirement Accounts to Optimize Your Retirement & Tax Savings
October 27, 2022 09:02 - 31 minutes - 28.7 MBAre you looking for ways to accelerate your savings right before retirement? How do you determine whether to save Roth or Pretax? What type of retirement account should you be using? In short, how can you use the myriad tax-advantaged accounts to optimize your retirement savings and tax advantages? All these questions and more are answered as Tyler walks you through how IRA, Roth, and 401K plans work and how you can best use them to maximize your retirement savings. Hear him tell a client s...
Ep 110: Smartly Using Retirement Accounts to Optimize Your Retirement & Tax Savings
October 27, 2022 09:02 - 31 minutes - 28.7 MBAre you looking for ways to accelerate your savings right before retirement? How do you determine whether to save Roth or Pretax? What type of retirement account should you be using? In short, how can you use the myriad tax-advantaged accounts to optimize your retirement savings and tax advantages? All these questions and more are answered as Tyler walks you through how IRA, Roth, and 401K plans work and how you can best use them to maximize your retirement savings. Hear him tell a client s...
Surprising Lessons on Stock Returns and Diversification
October 13, 2022 09:03 - 33 minutes - 30.8 MBHistory shows that owning companies (buying stocks) provides far superior returns vs. lending to companies (buying bonds). While most know this, most would be surprised by how many stocks lose money over time. A JP Morgan report showed this number to be 40% over a broad period from 1980-2020. And 66% of stocks failed to keep up with a broad benchmark. Hear Kevin dive into these details, portfolio implications, and touch on key characteristics of risk -- not just how much your investments m...