Worst Mistakes People Make With Their Investments: In this interview, Dana Anspach, the CEO of Sensible Money, and Robert Powell, the editor of Retirement Daily, discuss some of the worst mistakes people make with their investments. Anspach shares two catastrophic investment mistakes she has witnessed with clients. The first involved a widow with four children who had a portfolio of over $4 million. The client, influenced by her religious affiliation, moved her money to a firm of the same affiliation that offered estate planning, tax, and investment services. However, they ended up investing their entire life savings in a private real estate deal without proper documentation or transparency. The investment failed, resulting in a complete loss of the $4 million.
When to Stop HSA Contributions Before Medicare
Marcia Mantell of Mantell Retirement Consulting joins Lily Hamson to discuss the ins and outs of stopping contributions to an HSA before enrolling in Medicare.
Jean Chatzky’s Your Money Map with Ben Harris
Your Money Map with Jean Chatzky and Ben Harris: In this episode of Your Money Map, Ben Harris, economist and author, joins Jean Chatzky for the episode titled, What Top Economists Know About Retirement (That Consumers Don’t).
Boomerang Kids Put a Strain on Parents Finances
Boomerang Kids Put a Strain on Parents Finances: Amid today’s tighter labor market and the rising cost of living, many adult children have boomeranged back home. While their move back home may mean more money in their pockets, it can also have a major impact on their parents’ finances and retirement plans.
Should You Pay Off Your Mortgage?
Should You Pay Off Your Mortgage? As you approach retirement, you may be wondering if you should pay off your mortgage. There are pros and cons to both sides of the argument, according to Beau Kemp of Sensible Money.
Chat GPT vs. Expert: Tax Efficient Withdrawals
Chat GPT vs. Expert: Tax -Efficient Withdrawals. Joe Goldgrab, Executive Wealth Management Advisor at TIAA, critiques ChatGPT’s response to the question: How do I create tax-efficient ways to make withdrawals from my retirement account?
Jean Chatzky’s Your Money Map with David Blanchett and Margarita Perry
Your Money Map With David Blanchett and Margarita Perry: David Blanchett and Margarita Perry joined Jean Chatzky to discuss the question/episode title: Does the 4% Retirement Rule Still Work?
401k Rollover
401k Rollover: A 401k rollover refers to the process of moving funds from a 401(k) retirement plan account into another tax-advantaged retirement account, typically an Individual Retirement Account (IRA). This transfer allows individuals to maintain […]
Jean Chatzky’s Your Money Map with Richard Leider
Your Money Map with Jean Chatzky & Richard Leider: In this episode of Your Money Map, host Jean Chatzky is joined by Richard Leider to discuss the importance of finding purpose in retirement. Learn more: https://www.protectedincome.org/leider/