Once upon a time, it seemed that more people retired WITH a pension-- than withoutone. Today the opposite is true. Retirees are suddenly on their own to derive thirty years of paydays from their 401ks, 403bs and TSP's. In polls and surveys, however, baby boomers have overwhelmingly said that they envy the worry-free pensions their parents had! Now, a growing number of retiring engineers, teachers, and others are finding a way to create a combination pension and savings plan within their IRA rollovers. Today, we'll reveal just how they're doing it!! MASTERING MONEY is on the air!
Alzheimer's disease is the sixth-leading cause of death across all ages in the United States. For those 65 and older, it is the fifth-leading cause of death.
Between 2000 until recently, deaths attributed to Alzheimer's disease increased 89%, while those attributed to the number one cause of death--heart disease--decreased 14%. It is estimated that one to four family members act as caregivers for each individual with Alzheimer’s disease and that care lasts four to eight YEARS on average. In 2016, 15.9 million family and friends provided 18.2 billion hours of unpaid assistance to those with Alzheimer’s disease and other forms of dementia in the U.S., a contribution to the nation valued at $230.1 billion dollars. Sadly, a large majority of them report seeing their own health suffer. Today we'll explore the problem, and several solutions. MASTERING MONEY is on the air!
Diversification is one of the fundamentals of investing. We all try to do it. When you diversify, you could lose less, but you could also make less! In fact, its almost guaranteed you will make less because those two dollar bets on the five horses that finish out-of-the-money could sink your gains on those that come in one, two, or three. Sure, the long shot may come in first once in a blue moon, but your investment portfolio is not a one-time horse race or even a day at the track. It is a thirty year war in the trenches. Over time, healthier winning horses--and winning stocks--will emerge and continue to win. Today, we'll show you how to diversify your holdings to increase income, lower risk, and grow your money over time. MASTERING MONEY is on the air!
..Do you know what a Q-LAC is? It is a Qualified Longevity Annuity Contract and it is an option that some 401(k), 403(b), and IRA owners are opting for these days. One reason is that a Q-LAC annuity inside a tax qualified account is not subject to RMDs--required minimum distributions. But do you know the other IRS rules regarding Q-LAC's? For example, how much money you can put into a Q-LAC, how much income you can take out (it can be substantial), and if there is a way to protect your beneficiaries? We will be answering those questions and much, much more on today's show.
.It’s a LARRY KUDLOW MONDAY! The former Ronald Reagan economist and future Donald Trump advisor joins Mastering Money today with high powered guests and insights on the economy, the markets, politics, Donald Trump, Muller, the new tax law, and much more!—that’s ALL coming up NEXT—and you definitely don't want to miss it!! MASTERING MONEY is on the air!!
…Planning a financial portfolio for retirement is much like building a custom home. To build a custom home, you start with a blueprint that details not only what your house will look like, but how the individual components will come together--starting with the Foundation. To do it right, you must first know what your objectives are. You and your designer work together to draw a plan that includes every room and every detail of each room until you have a full set of construction plans, plus a list of materials and resources needed to build the house in a timely manner. Today, we'll discuss how to build a financial plan for retirement that can weather all storms--and then CPA Nick Stefaniak joins us with Tax Tips on the New Tax Law. MASTERING MONEY is on the air!!
To build your nest egg, you need to make better decisions. To make better decisions, you need to think about your desired outcomes and what types of investments or assets are the most likely to help you achieve those outcomes within the time frame you’re dealing with.
Stephen Covey, author of the Seven Habits of Highly Successful People called it “beginning with the end in mind” and being “proactive.”
Warren Buffet calls it rules-based investing. Today we'll talk about a step-by-step way to combine some of the Seven Habits with the street smarts of legendary investor, Warren Buffet! Then, PhD Doris Milton joins us for the Health and Wealth segment. MASTERING MONEY is on the air!
You don't have to be a genius to become a millionaire in the stock market. You don't have to be a master trader or market timer either. In fact, market timing rarely works out! All you need is time and a simple plan.
Multiple studies show that your plan can be as simple as buying high-quality dividend-GROWTH stocks, at fair prices and letting them work FOR you over time. Dividend growth stocks are also known as dividend growers-- stocks that grow their dividend payouts every year, consecutively and consistently, and pay them to you quarterly, so that you can reinvest the dividends. According to data compiled by Ned Davis Research Dividend Paying stocks outperformed non-dividend payers over thirty years by a wide margin. The stocks of companies that grew their dividends every year, performed even better, more than doubling the return of stocks who cut their dividends. Today, we'll reveal how you can finally build wealth, preserve wealth, and have more income than you thought possible. MASTERING MONEY is on the air!
It’s a LARRY KUDLOW MONDAY! The former Ronald Reagan economist is on deck with high powered guests and unique insights on the economy, the markets, politics, Donald Trump, Congress, the FBI, the second amendment, and much more!—coming up NEXT--you definitely don't want to miss it!!