In this episode, Chad Burton provides a comprehensive market update, highlighting significant gains in various indices, including the NASDAQ and S&P 500, while also discussing the recent rally in the bond market due to declining interest rates. He emphasizes the importance of portfolio diversification, particularly for younger investors building wealth, and suggests strategies for rebalancing portfolios as markets reach all-time highs. Chad also addresses the impact of upcoming elections on market volatility and encourages listeners to consider charitable giving, particularly through donating appreciated stocks to avoid capital gains taxes. He explains the benefits of donor-advised funds and charitable remainder trusts for those looking to maximize their charitable contributions while managing tax implications. Additionally, he answers listener questions about long-term care insurance, estate planning for blended families, and strategies for managing inherited IRAs and annuities, underscoring the necessity of having a clear financial plan that accounts for taxes, inflation, and potential long-term care needs.

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Timestamps:

[00:02:08] Bond market changes and trends.

[00:05:12] Investing during market highs.

[00:08:06] Charitable gifting strategies explained.

[00:11:22] Charitable remainder trust benefits.

[00:16:29] Retirement planning and market risks.

[00:18:24] Long-term care insurance challenges.

[00:23:58] Estate planning before marriage.

[00:25:35] Estate planning and asset protection.

[00:30:40] Best states for estate planning.

[00:34:06] Inheriting IRA and annuity.

[00:36:54] Estate planning at age 90.

Email your money question to chad@chadburton.com

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.ChadBurton.com

See omnystudio.com/listener for privacy information.

In this episode, Rob Black and certified financial planner Chad Burton discuss various aspects of personal finance, retirement planning, and the impact of inflation on financial decisions. They delve into common retirement questions, particularly the concern of whether individuals have enough savings to retire comfortably, especially in light of rising costs and changing economic conditions. Chad emphasizes the importance of understanding one's tax situation and the complexities of income sources in retirement, such as Social Security, pensions, and investment accounts. The conversation also touches on the rising costs of healthcare and insurance, the significance of maintaining health in retirement, and the potential benefits of concierge medicine and wellness investments. Additionally, they explore the complexities surrounding estate planning, particularly the distribution of assets to heirs and the importance of protecting those assets from potential divorce or lawsuits.

Tune in now to learn more!

Timestamps:

[00:02:17] Retirement income sufficiency concerns.

[00:04:50] Rising home insurance costs.

[00:10:12] Annuities and their confusion.

[00:12:30] Guaranteed lifetime income from annuities.

[00:15:12] Fiduciary financial planners explained.

[00:20:17] Health and retirement balance.

[00:21:34] Botox and mental health effects.

[00:26:28] Protecting assets for children.

[00:29:10] Healthcare spending and wellness.

[00:32:52] Gut health and wellness trends.

Email your money question to chad@chadburton.com

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.ChadBurton.com

See omnystudio.com/listener for privacy information.

In this episode, Rob Black and certified financial planner Chad Burton discuss the current state of the financial markets, particularly focusing on the historical performance of September and the implications for retirement planning. They highlight the surprising resilience of the markets this year, with significant gains in major indices like the S&P 500 and NASDAQ. Chad emphasizes the importance of adjusting retirement withdrawal strategies, especially when markets are at all-time highs, and stresses the need for proactive portfolio management to avoid potential pitfalls during market corrections. The conversation also touches on the complexities of retirement planning, including the impact of inflation, required minimum distributions (RMDs), and the importance of tax-efficient strategies.

Tune in now to learn more!

Timestamps:

[00:01:25] Retirement withdrawal strategies.

[00:05:25] Retirement spending and inflation.

[00:10:18] Inheriting a spouse's 401k.

[00:12:24] Focus on Roth for heirs.

[00:14:25] Portfolio volatility in retirement.

[00:18:58] Withdrawal strategies in retirement.

[00:24:12] Inflation's impact on retirement planning.

[00:25:20] Wealth preservation retirement strategies.

[00:31:33] Estate planning mistakes.

[00:32:45] Updating estate plan beneficiaries.

Email your money question to chad@chadburton.com

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.ChadBurton.com

See omnystudio.com/listener for privacy information.

In this episode, host Rob Black and certified financial planner Chad Burton discuss the recent 50 basis point cut by the Federal Reserve and its implications for the economy and investment strategies. They analyze the current market conditions, including the volatility in stocks and the impact of rising interest rates on various sectors, particularly real estate and alternative investments. Chad emphasizes the importance of understanding alternative investments such as private real estate, private credit, and private equity, which are typically reserved for accredited investors with over $2 million in assets. The conversation also touches on the use of options as a financial tool for managing risk and generating income, highlighting strategies like selling covered calls and buying protective puts.

Tune in now to learn more!

Timestamps:

[00:01:24] Fed's 50 basis point cut.

[00:06:18-00:06:29] Real estate and retirement planning.

[00:10:12] Alternative investments for high net worth.

[00:13:43] Private credit and direct lending.

[00:15:21] Private credit and lending risks.

[00:19:11] Private credit investments explained.

[00:21:45] Private equity in niche markets.

[00:25:35] Options trading risks and strategies.

[00:30:34] Stock options strategies explained.

[00:34:51] Using options for financial planning.

Email your money question to chad@chadburton.com

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.ChadBurton.com

See omnystudio.com/listener for privacy information.

In this episode, Rob Black and certified financial planner Chad Burton discuss various aspects of personal finance, particularly focusing on retirement planning and the current economic climate. They highlight an upcoming event on income and retirement scheduled for September 26th at the Juniper Hotel in Cupertino, California, where attendees can learn about tax planning, portfolio transitions, and social security. The conversation delves into the implications of the Federal Reserve's anticipated rate cuts, the performance of different market indices, and the importance of total return versus current income for retirees. They also address the significant amount of cash currently sitting in money market funds, emphasizing the need for individuals to invest wisely to combat inflation and ensure long-term financial stability. Additionally, they explore the complexities of annuities, discussing when they might be appropriate and the potential pitfalls associated with high fees and surrender charges.

Tune in now to learn more!

Timestamps:

[00:02:00] Federal Reserve rate cut discussion.

[00:04:21] Yield curve inversion explained.

[00:10:12] $6.3 trillion in cash.

[00:11:15] Financial Alzheimer's and retirement planning.

[00:15:19] Investing at market highs.

[00:19:20] Smiley face spending in retirement.

[00:23:07] Financial Alzheimer's and market memory.

[00:27:37] Annuities and retirement planning.

[00:30:11] Annuities and their complexities.

[00:32:20] Annuities and retirement income risks.

[00:35:55] Retirement planning for income.

Email your money question to chad@chadburton.com

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.ChadBurton.com

See omnystudio.com/listener for privacy information.

In this episode, Chad & Rob discuss essential topics related to retirement planning and wealth management. They emphasize the importance of preparing for retirement well in advance, ideally starting serious planning around age 55, and highlight the need for a balanced portfolio that can withstand market volatility. Chad explains how to get started on a retirement plan by gathering key financial documents, such as investment account statements and tax returns, to create a comprehensive financial picture. They also delve into the significance of understanding average annual returns versus actual returns, particularly in the context of market fluctuations. The conversation touches on the impact of inflation on everyday expenses, including travel and food, and the necessity for individuals to adapt their budgets accordingly.

Tune in now to learn more!

Timestamps:

[00:03:31] Retirement portfolio preparation strategies.

[00:07:28] Average annual rate of return.

[00:12:38] Charitable contribution strategies for wealth.

[00:15:48] Inflation's impact on budgets.

[00:18:27] September market volatility analysis.

[00:23:06] Total return in investments.

[00:26:29] Healthy food costs rising.

[00:30:42] Retirement strategies for self-employed.

[00:35:10] Estate planning and inheritances.

[00:00:00] Income and retirement planning.

Email your money question to chad@chadburton.com

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.ChadBurton.com

See omnystudio.com/listener for privacy information.

In this episode, Chad and Rob discuss the current economic landscape, focusing on inflation, taxes, and retirement planning. They analyze the recent inflation report and its implications for families and retirees, emphasizing the rising costs of essentials like food and gasoline. The conversation shifts to the political climate, particularly the recent debate, where both candidates are criticized for their lack of fiscal responsibility and tendency to increase government spending. Chad highlights the importance of utilizing Roth IRAs and Roth 401(k)s as strategic tools for tax-free growth, especially in light of anticipated tax increases in the future. They also explore the concept of the mega Roth 401(k) and the potential for after-tax contributions, providing listeners with actionable insights on how to effectively manage their retirement savings amidst a challenging economic environment.

Tune in now to learn more!

Timestamps:

[00:01:38] Wealth Preservation and Retirement.

[00:05:34] Fiscal responsibility in politics.

[00:10:08] Fertility rate and financial pressures.

[00:11:25] Health insurance rate increases.

[00:15:01] Roth versus traditional 401k.

[00:19:32] Retirement planning and taxation.

[00:24:34] Mega Roth 401k option.

[00:26:27] Dividends and passive income.

[00:31:05] Roth IRA strategies for retirement.

[00:33:36] Roth IRA conversion strategies.

Email your money question to chad@chadburton.com

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.ChadBurton.com

See omnystudio.com/listener for privacy information.

This episode covers various financial topics related to personal finance, wealth management, and investment strategies. Chad discusses the importance of planning for retirement, including strategies for turning retirement savings into a reliable income source. He delves into umbrella insurance. How much do you need? How much does it cost? Inflation hitting insurance premiums? He dicusses using a 1035 exchange to improve cash value life insurance. Chad explores the benefits of 1031 exchanges for real estate investments and provides insights on leveraging real estate for wealth building.

Tune in now to learn more!

Timestamps:

[00:02:31] Roth 401ks and Roth IRAs.

[00:06:20] Money market funds and retirement.

[00:10:09] Retirement Planning and Wealth Preservation.

[00:13:37] Rising Umbrella Insurance Claims

[00:18:42] Long term care insurance.

[00:19:49] Wealth Preservation and Retirement Planning.

[00:25:13] Long-term care insurance options.

[00:27:30] Life insurance 1035 exchange.

[00:33:18] Real estate investment considerations.

[00:36:09] Real estate wealth-building strategies.

[00:37:48] Turning rental property into second home.

Email your money question to chad@chadburton.com

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.ChadBurton.com

See omnystudio.com/listener for privacy information.