Your Life Your Wealth
345 episodes - English - Latest episode: about 1 month ago - ★★★★★ - 27 ratingsExclusive interviews from the nation's most renowned experts on topics ranging from personal finance to global markets and politics. Expert insights for enhancing Your Life and Your Wealth brought to you by Cordasco Financial Network.
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Episodes
Time In The Market vs. Timing The Market: A Distinction You Need to Know # 346
June 03, 2022 15:07 - 22 minutes - 31.2 MBYou have a far better chance of meeting your financial goals by investing for the long-term. The buy and quick-sell mentality of trying to “time the markets” can bring a quick profit, but this is more like gambling than investing. No one really knows the optimal time to buy or sell a security. Mercer Advisors’ John Walker and Dennis Jablonoski discuss the benefits of “time in the market” which should always include strategies such as regular rebalancing and careful evaluation of your holdin...
The Good News About Rising Interest Rates # 345
May 20, 2022 16:23 - 18 minutes - 25.8 MBInterest rate hikes may not be welcomed by everyone, but current retirees and those nearing retirement can benefit as rates go up. If a portion of your income is derived from fixed income investments, those yields will likely rise. Additionally, you may be particularly happy if your cashflow plan includes annuity payments. John Walker and Ryan Flurer with the Cordasco team at Mercer Advisors explain. Listening Time: 19 minutes Additional Mercer-Cordasco Disclosure Information Visit Ou...
Market Volatility & Inflation: Moves You May Consider to Ease the Pain # 344
May 13, 2022 15:19 - 28 minutes - 39.6 MBAs market volatility and inflation continue to dominate our consciousness, Steve Cordasco, Director and Senior Wealth Advisor at Cordasco Financial Network, a partner of Mercer Advisors, shares his insights on current economic conditions. Steve also illustrates the differences between market corrections, which we’ve experienced several times recently, and a bear market. He offers historical perspective, views on what may lie ahead, and he discusses some defensive moves you may want to consi...
How You Can Comfortably & Confidently Transition from Retirement Saving to Retirement Spending # 343
May 06, 2022 11:12 - 21 minutes - 28.9 MBSome people who have amassed great wealth and live modestly, while others let their lifestyle reflect their significant wealth. A financial “Catch 22” for living in retirement is often finding the right lifestyle balance to suit both your ability to enjoy what you’ve saved and maintain careful spending so you don’t run out of money. CFN’s John Walker and Ryan Flurer discuss ways to address the financial and psychological challenges of spending during your retired years and what role good pl...
Your Investments in Focus: A Discussion with Mercer Advisors’ Chief Investment Officer Don Calcagni # 342
April 29, 2022 10:09 - 34 minutes - 47.3 MBStock and bond markets, interest rates, and inflation take center stage as Steve Cordasco talks with Don Calcagni, MBA, MST, CFP®, AIF®, Chief Investment Officer with our new partners at Mercer Advisors. They help you better understand how current volatile market conditions impact your portfolio design. Listening Time: 34 minutes Additional Mercer-Cordasco Disclosure Information Visit Our Website Join Our Email List Mercer Advisors Disclosure Cordasco Financial Network is a trad...
Unique Challenges for Women with Investing and Retirement Planning # 341
April 22, 2022 10:20 - 24 minutes - 33.5 MBThere are distinct differences between the money management needs of men and women. Women also have particular retirement planning needs. Pay disparity, career pauses for child or elder care, and the fact that women, most-often, live longer than men create unique challenges. The convergence of these facts help us better understand why women often have quite different planning requirements when compared to their male counterparts. CFN’s John Walker welcomes Kara Duckworth, CFP®, CDFA®, Manag...
New IRS Regulations and Enforcement You Should Know About # 340
April 15, 2022 13:42 - 19 minutes - 27.4 MBPurchasing a home without a mortgage is increasingly common in today’s hot real estate market. Investors owning cryptocurrency is not unusual. The IRS, of course, has taken notice and is increasing scrutiny of these and other financial activities to make certain you pay your fair share of taxes. Ian Comisky, partner in the law firm of Fox Rothschild, author and law professor at the University of Pennsylvania joins today’s podcast. Ian joins Steve Cordasco each year at this time to discuss n...
Good News for Retirement Savers is on the Horizon: SECURE Act 2.0 # 339
April 08, 2022 12:17 - 26 minutes - 35.9 MBEncouraging news for retirement savers may be coming, thanks to SECURE Act 2.0 legislation. The acronym stands for Setting Every Community Up for Retirement Enhancement. This is a follow-up to the original SECURE Act that passed with bipartisan support in Congress a couple of years back. Today, Steve Cordasco details many provisions of the bill aimed at making saving for retirement easier and more beneficial to an even larger pool of participants. Listening Time: 26 minutes Mercer Advis...
The Housing Market: How Will You be Impacted by Rising Interest Rates # 338
April 01, 2022 10:44 - 26 minutes - 36.5 MBOver the last 2 years we’ve experienced a boom in the housing market with prices and demand at an all-time high, and interest rates and inventory at historic lows. Now, mortgage rates are beginning rise. CFN’s John Walker is joined by Dr. Jessica Lautz, Vice President of Demographics and Behavioral Insights for the National Association of Realtors. They discuss the current state of the housing market and how home values may be impacted, if interest rates continue to rise. Listening Time: ...
Clarity on Using Bonds and Bond Alternatives in Your Portfolio # 337
March 25, 2022 14:57 - 23 minutes - 32 MBThe Fed has started to increase interest rates, and it may be a good time for you to gain a better understanding of the role bonds play in your investment or retirement portfolio. Cordasco Financial Network’s John Walker is joined by Dennis Jablonoski of our Investment Team and Financial Planner Ryan Flurer. They discuss the appropriate use of bonds and bond funds in your portfolio, and offer clarity on the recently increased attention being given to bond alternatives. Listening Time: 23 ...
Market Volatility: Your Wake-Up Call to Investment Risk # 336
March 18, 2022 11:30 - 22 minutes - 30.7 MBRecent market volatility resulting from the pandemic, inflation and now the Russian invasion of Ukraine has become a wake-up call for many. For several years, the stock market seemed to be going nowhere but up. Investor’s confidence in a rising stock market had caused some to more heavily invest in equities. Now may be a good time to take a careful look at your investment mix. Cordasco Financial Network’s John Walker is joined by Tim Joseph CFP® and CPA to discuss the need to ensure that th...
Why You Should Consider Using a Trust in Your Estate Plan # 335
March 11, 2022 12:16 - 19 minutes - 26.6 MBAt Cordasco Financial Network we are frequently asked about the use of trusts in estate planning. There are many scenarios where a trust is the most appropriate method for passing your wealth to your heirs. Setting up a trust can be a cost effective option, and is available to everyone regardless of the size of their estate. Trusts avoid probate, offer tax advantages and allow you to keep control of your assets. For details on the many benefits using trusts in estate planning, we’re joined b...
Russia Invades, Sanctions Imposed, Prices Rise # 334
March 04, 2022 12:41 - 21 minutes - 29.8 MBThe Russian invasion of Ukraine continues. Sanctions have been imposed. CFN’s John Walker discusses how prices here at home are being driven higher as a result. He is joined by Jim Picerno, financial journalist and editor of the financial blog The Capital Spectator. They discuss rising energy, food, and travel prices, increasing market volatility and the Fed’s next move. Listening Time: 21 minutes Important Cordasco-Mercer Disclosure Information Visit Our Website Join Our Email List
Strategies for Dealing with International Affairs That Can Impact Your Financial Future - # 333
February 25, 2022 18:32 - 21 minutes - 29.3 MBConcerns about Russian military activity in Ukraine continue to dominate the news. Today, Steve Cordasco discusses how geopolitical issues impact the markets and the economy as a whole. We’re starting to feel the early effects of this here in the U.S., but it’s still unclear how current international events, combined with our own economic stressors, will impact future financial stability. Steve makes an assessment and offers financial strategies you may want to consider. Listening Time:...
Your Mental and Physical Health May Have a Direct Connection to Your Finances # 332
February 18, 2022 11:51 - 25 minutes - 35.6 MBWorrying about money, is known to negatively impact our emotional well-being and our state of physical health. Studies have shown that people who have significant financial means often worry unnecessarily. Their frequent concern is “do I really have enough” even when they clearly do. CFN’s John Walker talks with Psychologist Dr. Matt Goren, Ph.D, Assistant Professor of Financial Planning at The American College of Financial Services about why the connection exists and what we can do to red...
Health Savings Accounts (HSAs): Your Overlooked Retirement Account Opportunity # 331
February 11, 2022 13:07 - 21 minutes - 29.1 MBHealth savings accounts (HSAs) are a good way to put pre-tax dollars aside for out-of-pocket medical expenses, those costs beyond what your health plan covers if you have a high-deductible plan. Today, Steve Cordasco details the often overlooked benefits of HSA’s. Learn how you can use your HSA as an additional tax-deferred retirement savings plan beyond your 401k or IRA. Listening Time: 21 minutes Important Cordasco-Mercer Disclosure Information Visit Our Website Join Our Email Li...
8 Facts You Need To Know About Stock Market Corrections # 330
February 04, 2022 11:54 - 23 minutes - 31.9 MBMarket downturns are a normal part of the investing process. Remember to stick to your overall plan. Stay unemotional and rational. CFN’s John Walker and Dennis Jablonoski shed light on things you need to keep in mind as the stock market continues its roller coaster ride. Listening Time: 23 minutes Important Cordasco-Mercer Disclosure Information
Strategic Moves To Prevent You From Outliving Your Money in Retirement # 329
January 28, 2022 11:52 - 34 minutes - 47.4 MBSteve is joined by guest Wade Pfau, PhD, CFA, Professor of Retirement Income at the American College of Financial Services, Co-Director of the American College Center for Retirement Income, and author of several books on retirement planning. They discuss the appropriate rate for drawdown of retirement funds, several alternative investment vehicles and his strategies for dealing with an economic downturn. Listening Time: 34 minutes
Solutions for Organizing Your Financial Information and Other Important Documents # 328
January 21, 2022 17:58 - 17 minutes - 24.6 MBKnowing where to easily access important documents when you need them can reduce stress and anxiety. It can also bring peace of mind to your loved ones should they ever need to reference information regarding your insurance policies, will, power-of-attorney or other critical documents. Cordasco Financial Network’s John Walker is joined by Tim Joseph CFP® and CPA to discuss the importance of financial organization as they detail some specific solutions you may consider. Listening Time: 18 m...
The Financial Effects of Losing a Spouse
January 14, 2022 11:23 - 24 minutes - 33 MBThe death of a spouse is one of the most difficult life events imaginable. It takes an emotional toll on the surviving spouse, typically creates unexpected financial issues and triggers tax-related consequences. Cordasco Financial Network’s John Walker is joined by Tim Joseph CFP® and CPA to address areas of concern that will undoubtedly need your attention after the death of a spouse. Listening Time: 24 minutes
Investment Risk: Your Capacity, Attitude and Need - # 326
January 07, 2022 17:19 - 22 minutes - 30.3 MBIt’s important for retirees and near retirees to understand the emotional impact a down market can have on them. Perhaps you won’t experience the high anxiety others will during the next market pull back because it’s inevitable. However, you do need to think about how you want to position your portfolio long before a downturn happens. CFN’s John Walker and CFN Investment Team members Larry Shaw and Dennis Jablonoski explore the acronym C.A.N., as it relates to your retirement planning. It s...
Top 5 Tips for Smart Financial Planning in the New Year - # 325
December 31, 2021 15:41 - 18 minutes - 24.9 MBThe arrival of the new year is the perfect time to assess where you are financially and address your important priorities. CFN’s John Walker and Ryan Flurer discuss their top 5 ideas to help you optimize your personal finances for the new year and beyond. Listening Time: 18 minutes
Helping You Prepare for the Taxes You’ll Pay on Your Retirement Income - Episode # 324
December 23, 2021 19:06 - 18 minutes - 25.9 MBCFN’s Retirement Plan Specialist Dennis Jablonoski, CRPS® talks with Tim Joseph CFP® and CPA. Tim explains how various forms of retirement income are taxed and the planning necessary to meet those obligations. Listening Time: 19 minutes
Helping You Prepare for the Taxes You’ll Pay on Your Retirement Income - # 324
December 23, 2021 19:06 - 18 minutes - 25.9 MBCFN’s Retirement Plan Specialist Dennis Jablonoski, CRPS® talks with Tim Joseph CFP® and CPA. Tim explains how various forms of retirement income are taxed and the planning necessary to meet those obligations. Listening Time: 19 minutes
Will the Federal Reserve’s 2022 Efforts to Curb Inflation Impact Your Investment Planning? - # 323
December 17, 2021 17:17 - 22 minutes - 30.3 MBThe Federal Reserve recently announced it will take action to reduce inflation. The Fed has indicated it will end its asset buying program and also plans on making three interest rate hikes in 2022. Cordasco Financial Network’s John Walker is joined by Larry Shaw and Dennis Jablonoski of the CFN Investment Committee to discuss the potential impact the Fed’s latest announcement may have on your investment planning in the coming year. Listening Time: 22 minutes
Important Announcement: Your Life Your Wealth Special Edition - # 322
December 09, 2021 13:15 - 14 minutes - 20.2 MBIt’s Cordasco Financial Network’s 10th anniversary. Steve Cordasco is joined by Jim Tate for this Special Edition podcast. They share exciting news about new opportunities and discuss the growth and future of the firm. Listening Time: 15 minutes
Will Increasing Medicare Premiums Impact Your Bottom Line? - # 321
December 04, 2021 12:33 - 19 minutes - 27 MBA sizable Social Security cost of living adjustment takes effect in 2022. For most recipients however, that increase will be offset, and in some cases exceeded by, an increase in Medicare premiums. CFN’s John Walker and Tim Joseph, CFP, CPA, detail the reasons for the current steep increase in Medicare costs. They also discuss what you can do to reduce your annual taxable income to help ensure that you are paying the smallest possible amount in Medicare premiums. Listening Time: 19 minutes
Safe Money Discussions For Your Holiday Family Gatherings - # 320
November 23, 2021 11:55 - 19 minutes - 27.2 MBThe holiday season is officially here. It’s a time when many of us gather with family to celebrate. Talking about money over turkey may be less stressful than getting into politics or social issues. Whether it’s about gratitude or charitable giving, safe money discussions are a natural way to avoid indigestion. CFN’s Dennis Jablonoski and Jim Tate, CPA, talk about safe money discussions you can have around your holiday table, conversations you won’t regret! Listening Time: 20 minutes
Should You Own Cryptocurrency? - # 319
November 19, 2021 11:59 - 19 minutes - 27.3 MBQuestions about cryptocurrency are among the most common we receive. We’re frequently asked to explain what it is, how it works, how to buy it, how to use it, and should I own cryptocurrency in my retirement or investment portfolio? Today, CFN’s John Walker and Evan Salter shed some light on the risky, complicated world of cryptocurrency, to help you determine whether or not you should own cryptocurrency. Listening Time: 20 minutes
When Inflation Hits Your Bottom Line: How To Deal with The Impact - Episode 318
November 12, 2021 15:52 - 22 minutes - 31.5 MBInflation is a growing concern. American’s are experiencing price increases at a rate not seen in over 30 years. Steve discusses the reasons for current inflationary conditions and its impact on wage earners and retirees. He details action steps to help ease the pain of rising prices and effective tools used at CFN to more accurately project inflation’s future impact on your Life & Wealth. Listening Time: 23 minutes
Guilt-Free Spending Strategies for Your Retired Years - Episode # 317
November 05, 2021 17:33 - 20 minutes - 28 MBFor many retirees, spending money on life’s pleasures is often a source of guilt. The guilt may be motivated by a fear of running out of money, or even a perception they are cheating their heirs out of an inheritance. As we head into the holiday season, guilt-free spending is our theme for November. Steve shares retirement planning strategies to help you better enjoy your retirement with guilt-free spending. Listening Time: 20 minutes
Key to Your Real Retirement Happiness - Episode # 316
October 29, 2021 13:45 - 25 minutes - 35 MBIt’s clear that when putting together a successful retirement plan, managing wealth is only one component. A successful plan includes discovering what you intend to spend your money on, how you will maintain your social network, and ideas for investing in personal relationships. After years of researching the key to real retirement happiness, Michael Finke, of the American College of Financial Services, discusses his important findings in this podcast from the Your Life Your Wealth archives....
Helping You Understand the Mental and Physical Benefits of Helping Others - Episode # 315
October 26, 2021 17:24 - 26 minutes - 36 MBWe continue our October theme of charitable giving by exploring the scientifically documented mental and physical benefits of helping others. CFN’s John Walker welcomes Stephen Post, PhD Professor, Founding Director of The Center for Medical Humanities, Compassionate Care and Bioethics at Stony Brook University. Dr. Post is the author of several books including “Why Good Things Happen to Good People: How to Live a Longer, Healthier, Happier Life by the Simple Act of Giving.” He explains how...
It’s Your Money: Keys to Maximizing Your Social Security Benefits - Episode # 314
October 15, 2021 13:40 - 21 minutes - 29.1 MBThe Social Security Administration announced a 5.9% increase in benefits for 2022. For many Americans in retirement, Social Security is a key part of their retirement income. Steve Cordasco is joined by CFN’s Jim Tate, CPA, to discuss key strategies for maximizing your social security benefits. Be sure you understand these strategies for maximizing your Social Security benefits to help you make the most of this income stream that will last through your retired years. Listening Time: 21 min...
UTMAs - Your Tax Efficient Gifting Option: Know the Pros and Cons - Episode # 313
October 08, 2021 17:30 - 27 minutes - 37.6 MBUniform Transfers to Minors Act allows gift givers to transfer money, real estate or fine art to minors without the need for a guardian or trustee. UTMAs, a tax efficient gifting option, are an inexpensive way to give minors a financial leg-up, but there are limitations and cautionary notes you need to consider. CFN’s John Walker is joined by Kathy Mandelbaum, Associate Professor of Law at Temple University. They discuss this tax efficient gifting option and detail the pros and cons you need...
Tax Advantages of Charitable Giving: Your Win-Win Donation Strategy - Episode # 312
October 01, 2021 16:40 - 20 minutes - 28.1 MBHelping others by giving to charity has a positive impact on the recipient, and also offers the donor many benefits. We get personal satisfaction by helping those less fortunate, while at the same time we can benefit from the tax advantages of charitable giving. CFN’s John Walker and Tim Joseph, CPA, discuss a variety of strategies that can help your donations go further for the causes you support, and present a win-win by helping you benefit from the tax advantages of charitable giving. L...
Economic Conditions in China and the Impact on You and Your Money - Episode # 311
September 24, 2021 17:25 - 16 minutes - 22.4 MBEconomic conditions in China and investing in emerging markets are among the issues discussed as Steve is joined by internationally known investor and commentator Jim Rogers. Also well known for his media appearances, Jim Rogers was the co-founder of the Quantum Fund, Soros Fund Management and the Rogers International Commodities Index. He’s a close observer of economic conditions in China, and joins Steve from his home in Singapore. Listening Time: 16 minutes
How Will Inflation, The Markets, Demographics & The New Tax Proposals Impact Your Financial Future - Episode # 310
September 17, 2021 21:16 - 26 minutes - 35.8 MBSteve discusses inflation, the markets, demographics and the new tax proposals. We also hear insightful comments from Cathie Wood, founder and CEO of the investment management firm Ark Invest, made at this week’s global leadership SALT Conference in New York. Additionally, Steve offers his perspective on the views expressed by Cathie Wood, inflation, the markets, demographics and the new tax proposals that are among the most significant issues currently on the minds of investors and retirees...
Memories of 9/11 - Episode 309
September 10, 2021 21:03 - 36 minutes - 50.1 MBIt’s been 20 years since America was attacked in a way none of us could have ever imagined. September 11, 2001, the day four hijacked passenger planes crashed into the towers of the World Trade Center, the Pentagon and an open field in Shanksville, PA, was a day that changed our world. Memories of 9/11 can never be forgotten. We all remember where we were and how we felt the moment we heard the news. In this special edition podcast, Steve Cordasco, and several members of the CFN team, share ...
Should You Pay for College or Fund Your Retirement? - Episode # 308
September 03, 2021 19:40 - 27 minutes - 37.3 MBWhen it comes to your kids, is it smarter to pay for college or fund your retirement? The cost of higher education continues to rise at a staggering rate. It places college out of reach for some families and may cause parents to take on an inordinate amount of debt. Recent statistics show that a large percentage of parents contemplating retirement are delaying those plans in order to pay the college tuition or debt of their children. Today, CFN’s John Walker and Dennis Jablonoski welcome Ne...
Special Edition: How Not to Be a Burden to Those You’ll Leave Behind - Episode # 307
August 27, 2021 18:12 - 22 minutes - 30.6 MBToday’s podcast is one you must hear. Steve shares very recent professional and personal experiences to illustrate and emphasize the invaluable importance of planning for the inevitable. It’s a fact, none of us wants to be a burden to our family before or after we die. During this must-listen case study, Steve outlines the potential pitfalls of not having your financial house in order and details several specific organizational and planning areas that need your attention...before it’s too la...
Tax Implications of a Roth Conversion: Is it The Right Strategy for You? - Episode # 306
August 20, 2021 14:44 - 22 minutes - 31.4 MBA Roth IRA conversion offers certain tax advantages if you expect your future tax rate to be higher at the time you plan to withdraw money from your retirement accounts. A Roth IRA allows for tax-free withdrawals of qualified distributions, but there are pitfalls you need to know. CFN’s John Walker and Tim Joseph, CPA, discuss the ins and outs of Roth conversions and help you determine if you’re a good candidate for this retirement planning strategy. Listening Time: 22 minutes
Retirement Planning from the Investment Committee’s Perspective - Episode # 305
August 13, 2021 14:58 - 23 minutes - 32.9 MBThe work of the Investment Committee at Cordasco Financial Network is an integral part of the retirement planning process. The committee’s efforts, which take place on a daily basis, are a key component of portfolio construction at CFN. Investment Committee members Dennis Jablonoski and Larry Shaw join today’s host Ryan Flurer for a peek behind the scenes in creating a well-diversified portfolio. They also address emerging market concerns involving investments in China. Listening Time: 23 ...
Risk & Volatility: Do You Know the Difference & Ways Each Impacts Your Investment Strategy? - Episode # 304
August 06, 2021 15:53 - 22 minutes - 31.4 MBTolerance of market volatility is quite different than tolerance of risk, however investors often confuse them. CFN’s John Walker and Dennis Jablonoski clearly define each, and help us understand why we need to know the difference. They also discuss the importance of knowing the level of risk you are willing to tolerate as compared to the level of risk your portfolio can withstand in order to meet your objectives. Listening Time: 22 minutes
CFN 2021 Mid-Year Webinar - Episode # 303
August 03, 2021 15:14 - 54 minutes - 74.9 MBRecently, factors like inflation, the Delta variant, and low interest rates have been weighing on people’s minds. To address this, I hosted institutional money manager and member of our investment team, Joe Cortese, to shed light on the investment implications of the aforementioned market risks. Listening Time: 54 minutes
An Often Overlooked Tax Savings Opportunity for Small Business Owners: Defined Benefit Plans - Episode # 302
July 30, 2021 20:18 - 29 minutes - 41.2 MBDefined Benefit Plans for small business owners represent the largest yearly retirement plan contribution option available, and likely present a significant tax savings opportunity. Steve Cordasco and CFN’s Tim Joseph, CPA, discuss Defined Benefit Plans with guest Philip Pirio, Senior Design Consultant with Dedicated Defined Benefit Services. They discuss important details of Defined Benefit Plans and the roles financial planners, CPAs, and plan administrators have in designing and implemen...
The Most Overlooked Tax Breaks in Your Retirement Years - Episode # 301
July 22, 2021 23:34 - 24 minutes - 34.1 MBUnfortunately, people in retirement often miss tax-savings opportunities that are readily available. Retirees like you need to pay close attention to your tax situation because the money you’ve saved must last the rest of your life. Missing out on important tax-saving strategies can take a bite out of your nest egg and negatively impact your quality of life during your retirement years. To provide help, CFN’s John Walker and Tim Joseph, CPA, discuss the most overlooked tax breaks for retiree...
Can You Afford the Cost of Long Term Care? - Episode # 300
July 16, 2021 16:00 - 23 minutes - 32.7 MBSometimes the most uncomfortable conversations are the ones most necessary. Today, as we reach a milestone, the 300th episode of the Your Life Your Wealth podcast, CFN’s John Walker and Ryan Flurer discuss the important issue of paying for long term care. There’s a more than 8 in 10 chance you or a loved one will experience late life cognitive or physical decline that will require support from a caregiver other than a family member. John and Ryan discuss the high cost of long term care and w...
Cash Flow Management: An Essential Part of Your Retirement Planning - Episode # 299
July 09, 2021 17:35 - 25 minutes - 34.7 MBRetirees should consider focusing on generating cash flow instead of chasing ever-shrinking income sources in today’s low interest rate environment. CFN’s John Walker and Jim Tate, CPA, discuss the differences in managing income versus cash flow. A good cash flow strategy includes social security, annuity payments, dividends and other sources to cover living expenses for those in retirement. John and Jim offer practical cash flow planning tips, including tax related information that should n...
Mistakes to Avoid When Saving for Retirement - Episode 298
July 02, 2021 12:25 - 24 minutes - 33.1 MBAs we save for our retirement many of us will face financial threats along the way. The money decisions we make, and how we address the financial challenges we may face, could make the difference between financial security or insecurity during our retired years. CFN’s Dennis Jablonoski and Tim Joseph, CPA, discuss several significant savings threats and share strategies for avoiding these pitfalls. Listening Time: 24 minutes