Market volatility became the norm in 2022. Are we in for more of the same in 2023? We’ll talk about the market outlook for the next 12 months, plus share tips on how you can best prepare for potential future volatility.
Read More
Bonds have been a pretty hot topic this year. Oftentimes, people misunderstand how they work and what role they play in a proper financial plan. On today’s show, we’re addressing some of the misinformation and explaining why this has not been a good year for bonds.
Read More
Main Street Financial Solutions Founder & Managing Partner Brett Danko, CFP®, is back on the show to drop some truth bombs about the economy, the stock market, interest rates and more. And in a 2-for-1 deal, Brett and Brian will spend the second half of the episode covering the 5 most common questions people ask when they get forced into retirement.
Read More
Don't be like the rest of the crowd and wait until late December to make your tax moves. This year in particular there are some strategies you can employ to save extra money, but you're way better off digging into it now compared to only a few weeks before we turn the calendar to 2023. So check out all the great tax details Brian has in store for you on this episode and then make sure to take advantage of that special offer we talked about a few episodes ago by getting your own Tax Snapshot Session. Go to www.livingworth.com and click "book a call" to set up your visit.
Read More
We didn't get to all the listener questions we wanted to on the last episode, so we're back with more! We'll cover topics like company stock inside a 401(k), inheriting $250k, having too much money in cash, social security, housing, and more. Brian will also give us an update on the stock market and some common questions he's getting from folks about investing in this current economic environment. And to kick things off, Brian will tell us about a new tool he's using to monitor his health and why you might want to check it out.
Read More
This is a can't miss episode. You're going to learn what in the world the lipstick and underwear indicators have to do with your finances. And that's not all. Find out how sales of mac & cheese and champagne can "predict" the direction of the economy. We'll balance these batty economic signals with some more serious ones while also answering some listener questions about Roth IRA conversions and tax planning within a second marriage.
PLUS... Don't miss Brian's offer for a Tax Snapshot Session. Listen for more details and then don't forget to book a call on the website to set up your visit.
Read More
Pizza with fig jam and actual lemon slices on top? Brian reflects on this interesting combo and it's sort of reflective of today's episode. We have a few topics to hit from across the money world that you might find interesting. We'll explore the recent news about the IRS hiring 87,000 new agents, take a look at the latest Social Security Trustees Report findings, investigate why the Wash Sale Rule is getting talked about a lot lately, and get Brian's take on the latest inflation outlook. How does it impact you? We'll tie it all together as we go through the show, so don't miss this one!
Read More
Today's two topics don't really have anything to do with one another except for the fact that they are each making up a large portion of the questions Brian is fielding from clients and friends the past couple of weeks. The I Bonds discussion will build upon our initial discussion of the investments from a couple of weeks ago with some workarounds for the $10,000 limit. And then we'll spend some time talking about inherited IRAs, 401(k)s, and more. We'll touch on implications of the changes to required minimum distributions and other important nuances to consider in this segment of the legacy planning world.
Read More
We're going to tackle six great listener questions on today's show. We'll cover topics ranging from timing the market bottom to federal pensions and TSPs to cash flow problems and more. Don't miss it and don't hesitate to ask your own questions to Brian!
Read More
They are two very different games… Getting rich and staying rich sometimes take contrasting methodologies and attitudes to be successful. On this episode, we'll explore why that is, compare the science of investing vs. the emotion of it, and how you can include all of this in a real world financial plan. And we'll get Brian to explain what it means to plan on your plan not going to plan.
Read More
The Secure Act makes its return on today's episode. The Securing A Strong Retirement Act, or SECURE Act 2.0 as we like to call it, has strong bipartisan support and could become law by the end of the year. Brian will break down for us his top 4-5 takeaways for retirement planners and isolate what you should specifically have your eyes on. We'll touch on automated contributions, employer match Roth 401(k) options, delaying the RMD age (again), and the overall Rothification of the investing landscape.
Read More
Are dividend stocks making a comeback? How will the tech sector impact the products you buy, but also the ones you invest in? And what challenges (or opportunities) exist in foreign markets? These are just some of the questions Brian will answer on today's episode as we look at 10 investment themes to keep an eye on for the remainder of 2022.
Read More
Brian has been fielding a lot of questions lately about inflation protection strategies since everyone's looking for a way to thrive (or just survive?) in this volatile economic climate. The questions revolve around things like gold, TIPS (Treasury Inflation Protected Securities), I Bonds, REITs, ETFs and other strategies. On this episode, Brian will take a look at each of these strategies and help us evaluate whether any of these are a good idea.
Read More
Statistics show that the average Baby Boomer has worked for six different employers by the time they reach retirement. This creates situations where perhaps you've contributed to multiple different 401(k) type of accounts. And what did you do with the money when you changed jobs? Did you leave it with the old employer's plan or roll it over into an IRA? Take a distribution? Not sure? You're not alone if you find this decision making process difficult to tackle. Listen to this episode for an in depth guide on what to consider if you're currently trying to decide what to do with an old 401(k) and evaluating to roll, or not roll, it over...
Read More
The Bermuda Triangle... That section of the Atlantic Ocean where planes, ships and other vessels disappear or experience unexplained phenomena. The urban legend is well known, but did you know that there's also a Bermuda Triangle of Retirement? We're experiencing it right now, in fact. It's the interesting combination of inflation, rising interest rates, and the threat of a recession. In part 3 of this series, we'll look at the third corner of the triangle, the threat of a recession. If you don't want your portfolio or financial future disappearing into the Bermuda Triangle of Retirement, then listen closely to this series, for treacherous waters await...
Read More
The Bermuda Triangle... That section of the Atlantic Ocean where planes, ships and other vessels disappear or experience unexplained phenomena. The urban legend is well known, but did you know that there's also a Bermuda Triangle of Retirement? We're experiencing it right now, in fact. It's the interesting combination of inflation, rising interest rates, and the threat of a recession. In part 2 of this series, we'll look at the second corner of the triangle, interest hikes. If you don't want your portfolio or financial future disappearing into the Bermuda Triangle of Retirement, then listen closely to this series, for treacherous waters await...
Read More
The Bermuda Triangle... That section of the Atlantic Ocean where planes, ships and other vessels disappear or experience unexplained phenomena. The urban legend is well known, but did you know that there's also a Bermuda Triangle of Retirement? We're experiencing it right now, in fact. It's the interesting combination of inflation, rising interest rates, and the threat of a recession. In part 1 of this series, we'll look at the first corner of the triangle, inflation. If you don't want your portfolio or financial future disappearing into the Bermuda Triangle of Retirement, then listen closely to this series, for treacherous waters await...
Read More
Is it better to pay taxes today or put it off for the future? Are tax "holidays' a good idea? Do you know what IRMMA is and how it impacts your finances? Do you understand Obamacare surcharges or the "stretch" IRA? This episode has answers to all of those questions and important discussion about the common tax traps that singles & heirs fall into. Make sure you don't get snared unexpectedly by checking out today's conversation!
Read More
We could have gone with a more clickbait headline like Social Security IS Going Broke. But we resisted the temptation. Instead, Brian's going to give an in-depth look on this episode at all the current social security reform proposals on the table. He'll give us the actual benefit to the deficit each solution would deliver and evaluate the financial and political fallout of these items. It's interesting to see all the possible solutions, but a little scary to think how it might impact our wallets and portfolios in the future. The first half of the episode is a primer on social security history and the unique planning problems today's retirees face. Then we'll get into the proposed solutions for the second half of the show. No matter whether your a noob when it comes to understanding social security or the Arnold Palmer of income planning, there's something in this episode of Make The Dough Rise for you!
Read More
It's back! Market volatility has returned and it has unprepared investors wondering what to do. But do not fear, for Brian Doe is here. He'll put the most recent market upheaval into perspective for us, break down the common issues investors wrestle with during these situations and even outline for us his typical planning approach for surviving and thriving in these kinds of moments. Plus, we'll start the show with a little update on some changes to RMDs and Inherited IRAs.
Read More