Podcast And Blog

WHAT WAS COVERED 0:12 – The episode starts2:59 – The biggest quandary of the credit union.5:37 – Taking pictures of bank signs.8:08 – The problem with budgeting and saving.12:46 – The residue model vs. the catalytic model.14:25 – The importance of having a wealth coordination account.17:05 – Taking back the use of financial products.22:10 – What does it mean to…

WHAT WAS COVERED 0:12 – Start of the episode 1:43 – What is an annuity? A vehicle? 4:48 – What does an annuity do? 10:23 – What happens inside the annuity? 13:00 – The investments inside most annuities. 17:27 – No upfront sales charge. 19:12 – The different types of annuities. 21:46 – Qualified annuities. 26:08 – The downside of…

WHAT WAS COVERED 0:12 – Podcast starts 1:34 – The basics of a 401k. 3:56 – What actually happens in Korea? 6:37 – Building financial independence for the sake of a “work optional” lifestyle. 11:44 – Do you know what the tax rate is for retirement? 14:06 – How to calculate the tax liability. 16:08 – How much money should…

WHAT WAS COVERED 0:08 – Introduction to today’s episode. 1:42 – Understanding the tax burden of an IRA. 3:11 – What is the net amount each year? 4:33 – What happens if tax rates are higher? 5:58 – The difference between traditional and Roth IRAs. 7:31 – No taxes on the Roth IRA. 9:08 – The benefit of having multiple…

WHAT WAS COVERED 00:07 – Introduction of the episode. Sound financial group rebranding and new format. 02:28 – The controversy of the day, Elon Musk. 04:32 – We have no idea if the content is real. 06:57 – What we shouldn’t treat as true when investing. 09:33 – You can’t trade based on news. 14:06 – Asset Management is a coin…

WHAT WAS COVERED 00:00 – Episode begins 00:05 – Paul welcomes listeners and explains what the episode is about 00:40 – Mister Money Mustache and the simple formula of work-optional lifestyle 05:31 – Impact of social security on your capital 10:50 – How to invest. Active vs passive management 16:30 – Impact of race or age on one’s ability to…