When planning for retirement, there are certain things you can't control. Account for those unforeseen elements by planning for what you can control.
It’s probably common sense when you think about human nature, but some of the riskiest investments are also the most popular. At least the risky ones generate a lot of interest, even if most folks don’t end up actually making an investment. Let’s look at some of these popular and risky investments.
We often talk about the importance of not leaving a 401k with your old company after you no longer work there. Let’s explore some of the benefits of a 401k rollover, why you might want to move it to an IRA, what the tax implications are and some of the other essential things to consider. We’ll also answer Roger’s question about handling recent losses in his IRA. And did you know that some students are using their financial aid to invest in Bitcoin? Yikes. We’ll see if J’Neanne’s head explodes when we address that recent headline on this edition of Your Financial Mission.
Sure, you can find a billion answers to your financial questions. But, you can also find a billion answers to your financial questions. See what we did there? The internet’s strength is also its weakness in that it can overwhelm you with choices and opinions. We’ll talk about that issue on this week’s podcast, plus answer Kent’s question about whether he should throw is buddy into the pool at the next neighborhood barbeque because of some questionable financial advice he received. And in this crazy world we’re in right now of privacy and data issues, we’ll ask J’Neanne how she keeps her clients’ info safe and what else you can do to keep your information protected in your everyday life.
No matter how old your kids get, there’s a good chance they’ll still play some sort of role in your financial plan. Let’s talk about some of the common scenarios we see where children somehow come into play during the retirement planning process.
They say these days that there’s a holiday of every day of the year. It’s kind of true. In fact, the month of April, for example, is home to Bowel Cancer Awareness Month, Fresh Florida Tomato Month, Fresh Celery Month, Multiple Birth Awareness Month and National Soft Pretzel Month (sorry hard pretzels, you guys have to wait until the overall National Pretzel Month in October). What does all this have to with finances? Well, April is also National Distracted Driving Awareness Month, which gave us the idea to discuss some of things that distract us financially. And since every single other thing in existence gets a holiday, we’ll make up our own to discuss on this week’s podcast. It’s National Distracted Investor Awareness Month. We’ll reveal the distractions that often peel our attention away from being good investors and savers and give you tips on how to stay on track.
If you’re married, then this will come as no surprise. It takes two to complete a successful retirement plan. On this podcast, we’ll look at how husbands and wives have different financial goals and how that creates conflict. We’ll, of course, also explore how to resolve that conflict to establish a solid financial plan.
There have been a lot of interesting headlines in the news lately. On this podcast, we’ll cover recent stories about the labor market and how it seems most people who want to work are actually working. Is that a good sign for the overall economy? Home prices are skyrocketing across the country. Are we just setting ourselves up for another crash like we saw last decade?
Using the 2018 Winter Olympic Games as inspiration, let’s turn our attention to the not-quite-as-popular Financial Olympics (coming soon to an obscure cable channel near you). If you have a great financial coach, you’ll probably do very well at these events. Let’s see how that advisor will prep you for the games.
In the past year, several economists have talked about the impact of increased automation in the labor market, or to put it more plainly, robots taking jobs away from people. We’ll find out about J’Neanne’s take on this trend and how real the threat is of people losing their jobs to robots in the future.
Answering your questions from the mailbag about selling rental property, planning for a couple when there’s an age gap, and conservative investing. Also, what should you do if one spouse has a ton saved for retirement, but the other spouse doesn’t? We’ll answer that question and more on this week’s “Your Financial Mission”.
The Fed decided to raise interest rates slightly in December. Let’s discuss what it might mean for you.
It seems like there’s a new company every week getting involved in the bitcoin/cryptocurrency game. Is this phenomenon worth exploring for the average investor?
There are a lot of changes, trends and issues we’ll face in the coming years in the financial world. How optimistic should you be about each of them? We’ll cover whether you should see the financial landscape as half full or half empty.
A lot of Americans have 401(k) accounts. Let’s cover some of the common questions we get from 401(k) owners. You probably have some of these questions on your mind anyway. Oh, and this advice generally applies if you have a 403(b) or similar type of account, too.
The second part of our conversation about helping your grandchildren grow into financially savvy adults.
We’ll give you 7 tips to consider to help your grandchildren grow into financially savvy adults.
Answering your questions about how to find a reputable advisor and what to do if you hate all the advisors you’ve met with in the past.
In a follow-up to our podcast on putting the tax code proposals in context, we’ll take a deeper look at how the tax code influences the stock market’s outlook. We’ll also ask J’Neanne if the “middle class” gets accurately reflected in the proposed brackets. And if you’re retiring soon, should you put it on hold until the tax situation works itself out?
Answering your questions about long term care, TSPs, and do-it-yourself investing.