Accumulating Wealth

You can now save more in your 401(k) and IRA this year, but given the down market, is now really the time to increase your retirement contributions? The guys ring in the new year by reviewing if your savings strategies should change in response to the updated 2023 contribution limits.

After living large on market returns, low interest rates and stimulus the past few years, 2022 dropped in to bring us back down to earth. Yesterday's problems seem here to stay, which means it's time to right-size your lifestyle for the new year. In this episode, the guys help you leverage some of the upsides from 2022 to get a head start on a 2023 plan that will not only bring you peace of mind but will help you stay on track to meeting your long-term goals

About 52% of decision makers within dental offices intended to focus on patient engagement in 2022, but maintaining this goal was more difficult than expected. The guys take a look back on those ever-increasing staff wages, the debate of raising fees and setting budgets, and the possible 'new normal' we may expect in 2023.

Domestic and global polarization is at an all-time high, and it's impacting more than just your dinner conversations. The guys discuss the strength of the U.S. Dollar, onshoring implications, and the potential impact the midterm shift in power may have on energy, oil, and taxes.

2022 brought a shakeup in the stock and bond market leaving investors feeling like they had nowhere to hide. The guys analyze the year from the beginning, make sense of the mania surrounding the market headlines and offer some guidance on how to approach it all in 2023.

We've made an end-of-year tax savings checklist and now it's time to check it twice. Hunter and Judson take into consideration the changing economic landscape, business projections, and if you've been naughty or nice, as they walk you through these helpful tax-saving strategy tips. It's not too late, listen in to ensure your money is working for you as some changes may be necessary to take advantage of before Dec. 31, 2022. For a full list of tax considerations, click here.

Caring for aging parents is a compassionate but often trying commitment. Already an emotional ride, add the financial component and family dynamics into the mix, and you've got the recipe for a bumpy ride. Founder Darrell Cain advises on initiating important conversations with family, reducing the risk of manipulation, and exploring your resources and options, all while examining your own financial bandwidth.

The cost of life seems to take many college graduates by surprise. One way to avoid the crash and burn? Prepare your kids early to fully understand the role money plays in our everyday lives. Special guest, Dr. Earle Sullivan shares his experience raising his three adult children and the lessons that packed the most punch. He'll admit, it didn't all come from inside the home, many of the influential lessons came from fellow colleagues, friends and seminars.

CWA Partner and CPA Dan Wicker has instilled good financial values in his adult children...right? When his kids went off to college, he had to face what every parent eventually does: watching his children manage their own time and money, hoping they learned and absorbed what he had tried to teach them their whole life. In this episode, he talks about what every parent can do to set up their children for success early in life.

Over the years, you face competing demands on your time and financial resources from children, aging parents, dependents and loved ones in your life. In this episode, the guys talk with Drs. Ryan and Tiffany Harris on what it's like to juggle a successful practice, activism within their community, and, most importantly, teaching their four children the values of money, from everyday transactions to long-term investments.