Your Money, Your Wealth
Joe Anderson, CFP® & Alan Clopine, CPA of Pure Financial Advisors
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Top 10 Your Money, Your Wealth Episodes
Goodpods has curated a list of the 10 best Your Money, Your Wealth episodes, ranked by the number of listens and likes each episode have garnered from our listeners. If you are listening to Your Money, Your Wealth for the first time, there's no better place to start than with one of these standout episodes. If you are a fan of the show, vote for your favorite Your Money, Your Wealth episode by adding your comments to the episode page.
Does Your Financial Advisor Just Want to Collect Fees? - 473
Your Money, Your Wealth
03/19/24 • 46 min
Why would a financial advisor suggest that Frank in Lake Wobegon sell a piece of inherited property, pay 25% tax, and invest the lump sum? Mark in Florida is 72 and invested in CDs. Should he go back to his financial advisor, or just buy more CDs? That’s today on Your Money, Your Wealth® podcast 473 with Joe Anderson, CFP® and Big Al Clopine, CPA. Plus, Adam in Tennessee will have deferred income in 5 years. Should his asset allocation be more conservative? And in order to retire early at age 55, should Lewis in Arkansas delay starting Roth conversions? But first, if Mike’s wife outlives him, how can he keep her in a similar tax bracket? Access this week's free financial resources and the episode transcript in the podcast show notes, and Ask Joe & Big Al On Air for your Retirement Spitball Analysis, at https://bit.ly/ymyw-473
Timestamps:
- 00:00 - Intro
- 00:48 - If My Wife Outlives Me, How Do We Keep Her in a Similar Tax Bracket? (Mike)
- 06:49 - Long Term Capital Gains: Retirement and Real Estate Spitball (Frank, Lake Wobegon)
- 15:58 - 10 Tax-Cutting Moves to Make Now - YMYW TV
- Top 10 Tax Tips - free download (for a limited time only!)
- 2024 Tax Planning webinar
- 17:04 - I’m 72. Should I Go Back to an Advisor or Just Buy More CDs? (Mark, FL)
- 21:32 - Should My Deferred Income Asset Allocation Be More Conservative? (Adam, Franklin, TN)
- 30:16 - Investing Basics Guide - free download
- 31:13 - Should We Delay Starting Roth Conversions to Retire Early by Age 55? (Lewis, AR)
- 41:11 - The Derails
3 Listeners
When Will You Be Able to Retire? - 438
Your Money, Your Wealth
07/18/23 • 31 min
Steven has got "one more year" syndrome. Can he retire at age 65? Today on Your Money, Your Wealth® podcast 438, Joe and Big Al spitball retirement for him, and for MB - can she and her husband live comfortably if she retires at age 591⁄2? And for Johnny - does he have enough to fill the gap until retirement, and should his dad do Roth conversions before Johnny inherits his wealth? Is Austin maximizing his future gains by saving to his 401(k) at age 29, rather than his Roth IRA? But first, how can Mike and his wife leave their kids a lower tax bill when they pass?
Timestamps:
- 00:45 - How to Leave the Kids a Lower Tax Bill When We Pass? (Mike, Boerne, TX - voice)
- 04:24 - I Have "One More Year" Syndrome. Can I Retire at 65? (Steven, Exton, PA)
- 08:30 - Can We Live Comfortably If I Retire at 591⁄2? (MB, Louisville, KY)
- 12:49 - Do I Have Enough to Fill the Gap Until Retirement? Should Dad Convert My Inheritance to Roth? (Johnny, El Dorado, CA)
- 21:49 - Am I Maximizing Future Gains By Saving to Pre-Tax 401(k)? (Austin, Naples, FL)
- 29:42 - The Derails
Access this week's free financial resources in the podcast show notes at https://bit.ly/ymyw-438
- Retirement Lifestyles Guide
- Register for the Q3 Financial Markets Outlook live webinar, July 26, 2023, 12pm PT / 3pm ET
- Episode Transcript
- Ask Joe & Big Al On Air
3 Listeners
Personal Finance 101: How to Teach Teens About Money - 465
Your Money, Your Wealth
01/23/24 • 46 min
How and what should we teach teenagers about money, to make the next generation financially literate? That’s what CJ in Philadelphia and Teresa want to know, today on Your Money, Your Wealth® podcast 465 with Joe Anderson, CFP® and Big Al Clopine, CPA. Plus, Hap and Bee have a military pension and VA disability - Joe and Big Al spitball on when they’ll be able to retire, and what they need to do to get there. And they spitball on whether Grace in Seattle is on track to retire early at age 55. David and Victoria in Grand Rapids, Michigan are killing the game - in their early 30s with $400,000 income and over a million saved. When should they start funding the traditional retirement accounts instead of the Roth accounts? And, find out how the first annual Anderson Household Financial Summit went!
Access this week's free financial resources and the episode transcript in the podcast show notes, and Ask Joe & Big Al On Air for your Retirement Spitball Analysis, at https://bit.ly/ymyw-465
Timestamps:
- 00:00 - Intro
- 00:53 - Financial Guidance for Teenagers (CJ, Philadelphia - voice)
- 07:43 - How to Start a Finance 101 High School Course? (Teresa)
- 13:12 - EASIretirement.com - free retirement calculator
- 14:18 - Military Spitball: When Will I Be Able to Retire (Hap & Bee, CA)
- 22:56 - Anderson Family Financial Summit
- 26:03 - Spitball If I Can Retire Early at Age 55 (Grace, Seattle)
- 33:02 - 10 Will & Trust Mistakes to Avoid | Estate Planning - YMYW TV
- Estate Plan Organizer and Survivor’s Guide - free download
- 33:51 - Killing it at 34, When to Consider Contributing to Traditional IRA? (David & Victoria, Grand Rapids, MI)
- 44:43 - The Derails
2 Listeners
What To Do With Your Employer-Sponsored Retirement Plan? - 449
Your Money, Your Wealth
10/03/23 • 44 min
What should Martin do about his outrageously fee-heavy 403(b) plan? Should EF hedge his pre-tax non-qualified 415 excess plan? What should Max do with his old TIAA plan, and what are the pros and cons of a cash balance defined benefit plan for self-employed people like Brent Money? Plus, Mike needs Joe and Big Al’s spitball on the highly compensated employee rule and excess 401(k) contributions, and the fellas explain how employee stock purchase plans are taxed for Big Cheese Bob the Tomato.
Timestamps:
- 00:55 - What to Do About My Outrageous Fee-Heavy 403(b)? (Martin, Miami, FL)
- 05:56 - Should I Hedge My Pre-Tax Non-Qualified 415 Excess Plan? (EF, Kansas)
- 14:25 - What to Do With My Old TIAA Retirement Plan? (Max, Seattle)
- 24:29 - Highly Compensated Employee Rule and Excess 401(k) Contributions (Mike, Castleton, NY)
- 29:16 - How Are Employee Stock Purchase Plans (ESPP) Taxed? (Big Cheese/Bob the Tomato)
- 32:26 - Cash Balance Plans Pros and Cons for Self-Employed (Brent Money, Bennington, NE)
- 40:52 - The Derails
Access this week's free financial resources in the podcast show notes at https://bit.ly/ymyw-449
- Investing Basics Guide - free download
- Financial Boot Camp: Investing Basics - new from YMYW TV
- Episode Transcript
- Ask Joe & Big Al On Air for your Retirement Spitball Analysis
2 Listeners
Retirement Planning, Investing, and Tax Reduction Made Fun: YMYW Trailer
Your Money, Your Wealth
01/03/23 • 1 min
Welcome to Your Money, Your Wealth® podcast, with CERTIFIED FINANCIAL PLANNERTM professional Joe Anderson and Certified Public Accountant Alan "Big Al" Clopine.
Your Money, Your Wealth® is retirement planning, investing, and tax reduction made fun!
Follow YMYW on your favorite podcast app and share this trailer.
Visit YourMoneyYourWealth.com and click Ask Joe and Big Al On Air to get a Retirement Spitball Analysis of your own.
And hey, thanks for listening, because the show wouldn't be a show without you.
Your Money, Your Wealth® is presented by Pure Financial Advisors, a registered investment advisor. This show does not intend to provide personalized investment advice through this broadcast and does not represent that the securities or services discussed are suitable for any investor. Investors are advised not to rely on any information contained in the broadcast in the process of making a full and informed investment decision.
2 Listeners
Invest or Pay Off the Mortgage? - 436
Your Money, Your Wealth
07/04/23 • 50 min
It’s a common question: should you pay off your mortgage when you have extra cash, or invest for retirement? Joe and Big Al spitball on how Ms. Moneybags and her wife-to-be should use their upcoming windfall. Plus, what should Bob’s asset allocation be as he nears retirement? Should Harley and Harlene do Roth conversions after tax rates increase, and should they take advantage of net unrealized appreciation (NUA) on Harlene’s company stock? Pete needs a 13 year retirement plan sanity check, Lauren wants to know if she can retire early or at least go part time, and Michael and Carol want the fellas to spitball whether they’re on track for retirement.
Timestamps:
- 00:57 - Should We Pay Off the Mortgage or Invest Our Windfall On the Way? (Ms. Money Bags)
- 09:00 - What Should My Asset Allocation Be When Nearing Retirement? (Bob in New York)
- 17:21 - Should We Convert to Roth After Tax Rates Go Up? Should We Leverage NUA? (Harley)
- 29:04 - 10-13 Year Retirement Plan Spitball Sanity Check (Pete, AL)
- 38:15 - Can I Retire Early or Go Part Time and Stop Contributing to 401(k)? (Lauren, IL)
- 43:17 - Retirement Spitball: Are We On Track? (Michael & Carol, Las Vegas)
- 48:24 - The Derails
Access this week's free financial resources in the podcast show notes at https://bit.ly/ymyw_436
- Portfolio Tracker: How to Manage Your Assets at Any Age
- Episode Transcript
- Ask Joe & Big Al On Air
1 Listener
Why Would a Tax Advisor Discourage 529 Plan College Savings? - 452
Your Money, Your Wealth
10/24/23 • 40 min
Why does Becca in Florida’s advisor "poo-poo" her strategy for funding 529 plans for education? Keith, commenting on Spotify, wants to know about reimbursing yourself from a 529 plan for the scholarship amount used for education without penalty, and Wendy way up in New York wants to know if she should use retirement funds to pay for college and home renovations. Plus, what are the pros and cons of starting Roth conversions for Renee in Wisconsin, and is she on track for retirement? Will the IRS penalize Dan in Michigan for not paying Roth conversion tax in January? With the 5-year Roth clock, how does compounding interest work when Aaron in Ohio changes custodians? And Kirk in Iowa wonders how the Affordable Care Act tax credit works with dependents.
Timestamps:
- 00:55 - Why Doesn’t My Financial Advisor Want Me to Fund 529 Plans? (Becca, FL)
- 08:19 - Is 529 Plan Self-Reimbursement for Scholarships Okay? (Keith)
- 10:22 - Should We Use Retirement Funds to Pay for College and Home Renovations? (Wendy, way up in north NY)
- 18:11 - Pros and Cons of Starting Roth Conversions: Are We On Track for Retirement? (Renee, WI)
- 28:58 - Is the IRS Going to Penalize Me For Not Paying Roth Conversion Tax in January? (Dan, Milford, MI)
- 30:38 - Roth 5-Year Clock: Compounding Interest on Rolled Over Retirement Accounts (Aaron, OH)
- 32:19 - How Does the Affordable Care Act Tax Credit Work with Dependents? (Kirk, IA)
- 37:11 - The Derails
Access this week's free financial resources in the podcast show notes at https://bit.ly/ymyw-452
- ABCs of College Funding - free download
- Money Saving Tips fro Funding College - YMYW TV
- How to Save for Education; 529 Plan, Coverdell, Prepaid Tuition and More - on-demand webinar
- Episode Transcript
- Ask Joe & Big Al On Air for your Retirement Spitball Analysis
1 Listener
How to Take the Uncertainty of Taxes Off the Table - 474
Your Money, Your Wealth
03/26/24 • 54 min
Jimmy in Wisconsin will have a pension, Social Security, and a seven year retirement shortfall. How should he cover it? Skipper in Texas has some unusual pension options, which makes the most sense for his retirement needs? That’s today on Your Money, Your Wealth® podcast 474 with Joe Anderson, CFP® and Big Al Clopine, CPA. Should Mike and Carol in Virginia wait to do Roth conversions if they’ll be in a lower tax bracket in retirement? Where should Duncan in Texas invest in the 10 years before he retires early? Would it be stupid for Jay Z in Minnesota to miss out on free Roth opportunities? Can Ben in San Francisco’s “friend” use the rule of 55 on a rollover retirement plan? And finally, YMYW is fun, but of limited value, according to a recent review. Access this week's free financial resources and the episode transcript in the podcast show notes, and Ask Joe & Big Al On Air for your Retirement Spitball Analysis, at https://bit.ly/ymyw-474
Timestamps:
- 00:51 - Pension & Social Security: How Should We Cover Our 7 Year Retirement Shortfall? (Jimmy, WI)
- 08:17 - 2:1 Matched Company Money vs. My Contribution: What to Do With My Pension? (Skipper, TX)
- 15:46 - EASIretirement.com free retirement calculator
- 16:47 - Should We Wait on Conversions If We’ll Be in a Lower Bracket in Retirement? (Mike & Carol, Falls Church, VA)
- 24:22 - Where Should I Invest My Early Retirement Savings for the Next 10 Years? (Duncan, TX)
- 30:18 - Is It Stupid to Miss Free Roth Opportunities? (Jay Z, MN)
- 37:46 - Complete Roth Papers Package - free download
- 38:33 - Rule of 55 on a Rollover Retirement Plan? (Ben, San Francisco)
- 44:34 - Comment: Fun but limited value (Wemby2024)
- 50:41 - The Derails
1 Listener
How to Bridge the Gap to Retirement Income: Pension Spitball - 456
Your Money, Your Wealth
11/21/23 • 55 min
Planning to retire early? Joe and Big Al spitball on bridging the gap to your retirement income when there’s a pension in the mix, today on Your Money, Your Wealth® podcast 456. Manley and his wife are in their early 50s and have teacher’s pensions. Can they retire in 2 and a half, or even one and a half years? Can Bucky in the Midwest retire in 2024, and can Henry Karl Kittensburg III retire in about 3 years, with all the milk his heart desires? How should Paul in Houston choose his pension options for early retirement? Is Greg in Southern California’s CalSTRS teacher’s pension enough for his retirement? Keaton Money in Colorado needs the fellas to help him decide between his pension’s fringe benefits and brokerage account returns, and big Paw in a mid-Atlantic state asks for a spitball on how to reduce taxes on an impending headcount reduction lump sum payout.
Timestamps:
- 00:58 - Early 50s, Teacher’s Pensions. Can We Retire Early in 1.5 or 2.5 Years? (Manley, Nashville)
- 08:17 - How to Choose Pension Options for Early Retirement (Paul, Houston, TX)
- 18:25 - Is CalSTRS Teacher’s Pension Enough in Retirement? (Greg, Southern California)
- 22:02 - Am I In Good Shape to Retire in 2024? (Bucky from the Midwest)
- 23:32 - Pension Fringe Benefits vs. Brokerage Account Returns (Keaton Money, CO)
- 32:00 - Can We Retire at Age 59? (Henry Karl Kittensburg III, Western OH)
- 40:42 - How to Reduce Taxes On a Headcount Reduction Retirement Lump Sum Payout? (Big Paw, mid-Atlantic state)
- 50:50 - The Derails
Access this week's free financial resources in the podcast show notes at https://bit.ly/ymyw-456
- Retirement Income Strategies Guide
- EASIretirement.com free retirement calculator
- Episode Transcript
- Ask Joe & Big Al On Air for your Retirement Spitball Analysis
1 Listener
401(k) vs. Roth: Where to Save for Retirement - 480
Your Money, Your Wealth
05/07/24 • 41 min
Kyle and his fiancée are in their 30s, have done a great job saving, and are in a high tax bracket. Would it make more sense for them to contribute to their 401(k)s or Roth 401(k)s for retirement? Mick’s wife Pam has both W-2 and sole proprietor income - where should she save for retirement? That’s today on Your Money, Your Wealth® podcast 480 with Joe Anderson, CFP® and Big Al Clopine, CPA. Plus, the fellas spitball for Janet on where junk bonds belong in a portfolio, they untangle the pro-rata and aggregation rules concerning 401(k) to Roth conversions for Nancy, and they spitball on whether Cary and Mark should retire now or work for two more years when pensions will provide them an extra $50K a year. Free financial resources and transcript: https://bit.ly/ymyw-480
2024 Key Financial Data Guide - free download
Timeless Wisdom from Warren Buffet and Charlie Munger, Berkshire Hathaway’s Dynamic Duo - read the blog
Understanding Stock Market Indexes - read the blog
Free retirement calculator - EASIretirement.com
Ask Joe & Big Al On Air for your Retirement Spitball Analysis
Timestamps:
- 00:00 - Intro
- 00:57 - We're in Our 30s and in a High Tax Bracket. Where Should We Save for Retirement? (Kyle, WI)
- 07:34 - Junk Bonds Explained (Janet, the Bronx)
- 13:19 - Does Pro-Rata Rule Apply When Converting 401(k) to Roth 401(k)? (Nancy, SE Wisconsin)
- 20:37 - We Have $4M. Should We Retire Now or in Two Years When Pensions Provide an Extra $50K/Year? (Cary & Mark, Los Angeles)
- 27:50 - How to Save for Retirement with Sole Proprietor and W-2 Work? (Mick, Davis, CA)
- 36:47 - The Derails
1 Listener
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FAQ
How many episodes does Your Money, Your Wealth have?
Your Money, Your Wealth currently has 510 episodes available.
What topics does Your Money, Your Wealth cover?
The podcast is about News, Retirement, Investments, Investing, Business News, Income, Podcasts, Finance, Realestate, Business and Stocks.
What is the most popular episode on Your Money, Your Wealth?
The episode title 'Does Your Financial Advisor Just Want to Collect Fees? - 473' is the most popular.
What is the average episode length on Your Money, Your Wealth?
The average episode length on Your Money, Your Wealth is 44 minutes.
How often are episodes of Your Money, Your Wealth released?
Episodes of Your Money, Your Wealth are typically released every 7 days.
When was the first episode of Your Money, Your Wealth?
The first episode of Your Money, Your Wealth was released on Feb 14, 2016.
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