Behind The Wealth Podcast

Roger and Elias discuss how the market reacts to falling interest rates, and what investors should consider now.

Take control of your financial future: https://www.btwealthshow.com/start-planning

Securities and advisory services offered through LPL Financial, a registered investment advisor, member FINRA/SIPC.  

The opinions voiced in this show are for general information purposes only and are not intended to provide specific advice or recommendations for  any individual. To determine which investments may be appropriate for  you, consult with your attorney, accountant, and financial or tax advisor prior to investing.   All performance referenced is historical and is not a guarantee of future results. All indices are unmanaged and cannot be invested into directly.  Premier Investments of Iowa, Inc. and LPL Financial do not provide tax advice, please consult your tax professional. 

Economic forecasts set forth may not develop as predicted and there can be no guarantee that strategies promoted will be successful.  There is no assurance that the techniques and strategies discussed are suitable for all investors or will yield positive outcomes.  The purchase of certain securities may be required to effect some of the strategies.  All investing involves risk including possible loss of principal.

There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk.

#personalfinance #retirementincome #financialplanning #financialfreedom #financialadvisor #retirement #investing #stockmarket #mortgage #bucketlist #collegesavings

Roger and Elias discuss what steps to take if you are behind on retirement saving, why more Americans are considering a delayed retirement, how much cash you need to weather a volatile market, and 401(k) mistakes that can cost you.

Take control of your financial future: https://www.btwealthshow.com/start-planning

Securities and advisory services offered through LPL Financial, a registered investment advisor, member FINRA/SIPC.  

The opinions voiced in this show are for general information purposes only and are not intended to provide specific advice or recommendations for  any individual. To determine which investments may be appropriate for  you, consult with your attorney, accountant, and financial or tax advisor prior to investing.   All performance referenced is historical and is not a guarantee of future results. All indices are unmanaged and cannot be invested into directly.  Premier Investments of Iowa, Inc. and LPL Financial do not provide tax advice, please consult your tax professional. 

Economic forecasts set forth may not develop as predicted and there can be no guarantee that strategies promoted will be successful.  There is no assurance that the techniques and strategies discussed are suitable for all investors or will yield positive outcomes.  The purchase of certain securities may be required to effect some of the strategies.  All investing involves risk including possible loss of principal.

Prior to investing in a 529 Plan investors should consider whether the investor’s or designated beneficiary’s home state offers any state tax or other state benefits such as financial aid, scholarship funds, and protection from creditors that are only available for investments in such state’s qualified tuition program. 

Withdrawals used for qualified expenses are federally tax free. Tax treatment at the state level may vary. Please consult with your tax advisor before investing.

There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk.

#personalfinance #retirementincome #financialplanning #financialfreedom #financialadvisor #retirement #investing #stockmarket #mortgage #bucketlist #collegesavings

Roger and Elias discuss youth unemployment, how you can get family & friends involved in saving for college, how the pursuit of ‘getting rich’ can prevent you from building wealth, and what mistakes investors are making by over complicating their financial life. 

Take control of your financial future: https://www.btwealthshow.com/start-planning

Securities and advisory services offered through LPL Financial, a registered investment advisor, member FINRA/SIPC.  

The opinions voiced in this show are for general information purposes only and are not intended to provide specific advice or recommendations for  any individual. To determine which investments may be appropriate for  you, consult with your attorney, accountant, and financial or tax advisor prior to investing.   All performance referenced is historical and is not a guarantee of future results. All indices are unmanaged and cannot be invested into directly.  Premier Investments of Iowa, Inc. and LPL Financial do not provide tax advice, please consult your tax professional. 

Economic forecasts set forth may not develop as predicted and there can be no guarantee that strategies promoted will be successful.  There is no assurance that the techniques and strategies discussed are suitable for all investors or will yield positive outcomes.  The purchase of certain securities may be required to effect some of the strategies.  All investing involves risk including possible loss of principal.

Prior to investing in a 529 Plan investors should consider whether the investor’s or designated beneficiary’s home state offers any state tax or other state benefits such as financial aid, scholarship funds, and protection from creditors that are only available for investments in such state’s qualified tuition program. 

Withdrawals used for qualified expenses are federally tax free. Tax treatment at the state level may vary. Please consult with your tax advisor before investing.

There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk.

#personalfinance #retirementincome #financialplanning #financialfreedom #financialadvisor #retirement #investing #stockmarket #mortgage #bucketlist #collegesavings

Roger and Elias talk about the potential for an upcoming interest rate cut, AI robots, what 401(k) mistake is costing investors billions, and how to manage your RMDs.

Take control of your financial future: https://www.btwealthshow.com/start-planning

Securities and advisory services offered through LPL Financial, a registered investment advisor, member FINRA/SIPC.  

The opinions voiced in this show are for general information purposes only and are not intended to provide specific advice or recommendations for  any individual. To determine which investments may be appropriate for  you, consult with your attorney, accountant, and financial or tax advisor prior to investing.   All performance referenced is historical and is not a guarantee of future results. All indices are unmanaged and cannot be invested into directly.  Premier Investments of Iowa, Inc. and LPL Financial do not provide tax advice, please consult your tax professional. 

Economic forecasts set forth may not develop as predicted and there can be no guarantee that strategies promoted will be successful.  There is no assurance that the techniques and strategies discussed are suitable for all investors or will yield positive outcomes.  The purchase of certain securities may be required to effect some of the strategies.  All investing involves risk including possible loss of principal.

There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk.

#personalfinance #retirementincome #financialplanning #financialfreedom #financialadvisor #retirement #investing #stockmarket

Roger and Elias discuss if it is ever too late to start saving & investing, how social relationships can impact your investing behavior, why timing the market doesn't work, and why you may be asking yourself the wrong money questions.

Take control of your financial future: https://www.btwealthshow.com/start-planning

Securities and advisory services offered through LPL Financial, a registered investment advisor, member FINRA/SIPC.  

The opinions voiced in this show are for general information purposes only and are not intended to provide specific advice or recommendations for  any individual. To determine which investments may be appropriate for  you, consult with your attorney, accountant, and financial or tax advisor prior to investing.   All performance referenced is historical and is not a guarantee of future results. All indices are unmanaged and cannot be invested into directly.  Premier Investments of Iowa, Inc. and LPL Financial do not provide tax advice, please consult your tax professional. 

Economic forecasts set forth may not develop as predicted and there can be no guarantee that strategies promoted will be successful.  There is no assurance that the techniques and strategies discussed are suitable for all investors or will yield positive outcomes.  The purchase of certain securities may be required to effect some of the strategies.  All investing involves risk including possible loss of principal.

There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk.

#personalfinance #retirementincome #financialplanning #financialfreedom #financialadvisor #retirement #investing #stockmarket

Roger and Elias discuss recent market volatility, whether or not you should pay off your mortgage, how to enjoy your money, and borrowing from your 401(k). 

Take control of your financial future: https://www.btwealthshow.com/start-planning

Securities and advisory services offered through LPL Financial, a registered investment advisor, member FINRA/SIPC.  

The opinions voiced in this show are for general information purposes only and are not intended to provide specific advice or recommendations for  any individual. To determine which investments may be appropriate for  you, consult with your attorney, accountant, and financial or tax advisor prior to investing.   All performance referenced is historical and is not a guarantee of future results. All indices are unmanaged and cannot be invested into directly.  Premier Investments of Iowa, Inc. and LPL Financial do not provide tax advice, please consult your tax professional. 

Economic forecasts set forth may not develop as predicted and there can be no guarantee that strategies promoted will be successful.  There is no assurance that the techniques and strategies discussed are suitable for all investors or will yield positive outcomes.  The purchase of certain securities may be required to effect some of the strategies.  All investing involves risk including possible loss of principal.

There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk.

#personalfinance #retirementincome #financialplanning #financialfreedom #financialadvisor #retirement #investing #stockmarket

Roger and Elias discuss budget techniques, dealing with college expenses, and how new changes to 401(k) auto-enrollment can help boost retirement savings.

Take control of your financial future: https://www.btwealthshow.com/start-planning

Securities and advisory services offered through LPL Financial, a registered investment advisor, member FINRA/SIPC.  

The opinions voiced in this show are for general information purposes only and are not intended to provide specific advice or recommendations for  any individual. To determine which investments may be appropriate for  you, consult with your attorney, accountant, and financial or tax advisor prior to investing.   All performance referenced is historical and is not a guarantee of future results. All indices are unmanaged and cannot be invested into directly.  Premier Investments of Iowa, Inc. and LPL Financial do not provide tax advice, please consult your tax professional. 

Economic forecasts set forth may not develop as predicted and there can be no guarantee that strategies promoted will be successful.  There is no assurance that the techniques and strategies discussed are suitable for all investors or will yield positive outcomes.  The purchase of certain securities may be required to effect some of the strategies.  All investing involves risk including possible loss of principal.

There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk.

#personalfinance #retirementincome #financialplanning #financialfreedom #financialadvisor #retirement #investing #interestrates #federalreserve #ratecut 

Roger and Elias answer questions from listeners including: 

• What is a Backdoor Roth IRA?

Take control of your financial future: https://www.btwealthshow.com/start-planning

Securities and advisory services offered through LPL Financial, a registered investment advisor, member FINRA/SIPC.  

The opinions voiced in this show are for general information purposes only and are not intended to provide specific advice or recommendations for  any individual. To determine which investments may be appropriate for  you, consult with your attorney, accountant, and financial or tax advisor prior to investing.   All performance referenced is historical and is not a guarantee of future results. All indices are unmanaged and cannot be invested into directly.  Premier Investments of Iowa, Inc. and LPL Financial do not provide tax advice, please consult your tax professional. 

Economic forecasts set forth may not develop as predicted and there can be no guarantee that strategies promoted will be successful.  There is no assurance that the techniques and strategies discussed are suitable for all investors or will yield positive outcomes.  The purchase of certain securities may be required to effect some of the strategies.  All investing involves risk including possible loss of principal.

There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk.

Consult your tax professional about eligibility to Roth and Traditional IRA contributions. Contributions and earnings in a Roth IRA can be withdrawn without paying taxes and penalties if the account owner is at least 59 ½ and has held their Roth IRA for at least five years.

Traditional IRA account owners have considerations to make before performing a Roth IRA conversion. These primarily include income tax consequences on the converted amount in the year of the conversion, withdrawal limitations from a Roth IRA, and income limitations for future contributions to a Roth IRA. In addition, if you are required to take a minimum distribution (RMD) in the year you convert, you must do so before converting to a Roth IRA.

This information is not intended to be a substitute for specific individualized tax advice. We suggest that you discuss your specific tax issues with a qualified tax advisor.

#personalfinance #retirementincome #financialplanning #financialfreedom #financialadvisor #retirement #investing #interestrates #federalreserve #ratecut 

Roger and Elias discuss the rise of AI Scams, how to plan for Back to School shopping, why Americans feel underprepared for retirement, and how to focus on what you can control when it comes to financial planning.

Take control of your financial future: https://www.btwealthshow.com/start-planning

Securities and advisory services offered through LPL Financial, a registered investment advisor, member FINRA/SIPC.  

The opinions voiced in this show are for general information purposes only and are not intended to provide specific advice or recommendations for  any individual. To determine which investments may be appropriate for  you, consult with your attorney, accountant, and financial or tax advisor prior to investing.   All performance referenced is historical and is not a guarantee of future results. All indices are unmanaged and cannot be invested into directly.  Premier Investments of Iowa, Inc. and LPL Financial do not provide tax advice, please consult your tax professional. 

Economic forecasts set forth may not develop as predicted and there can be no guarantee that strategies promoted will be successful.  There is no assurance that the techniques and strategies discussed are suitable for all investors or will yield positive outcomes.  The purchase of certain securities may be required to effect some of the strategies.  All investing involves risk including possible loss of principal.

#personalfinance #retirementincome #financialplanning #financialfreedom #financialadvisor #retirement #investing #interestrates #federalreserve #ratecut 

Roger and Elias discuss what investors should consider ahead of a potential interest rate cut from the Federal Reserve. Plus they talk about how your identity changes in retirement and what retirees can do to plan for a lifestyle shift.

Take control of your financial future: https://www.btwealthshow.com/start-planning

Securities and advisory services offered through LPL Financial, a registered investment advisor, member FINRA/SIPC.  

The opinions voiced in this show are for general information purposes only and are not intended to provide specific advice or recommendations for  any individual. To determine which investments may be appropriate for  you, consult with your attorney, accountant, and financial or tax advisor prior to investing.   All performance referenced is historical and is not a guarantee of future results. All indices are unmanaged and cannot be invested into directly.  Premier Investments of Iowa, Inc. and LPL Financial do not provide tax advice, please consult your tax professional. 

Economic forecasts set forth may not develop as predicted and there can be no guarantee that strategies promoted will be successful.  There is no assurance that the techniques and strategies discussed are suitable for all investors or will yield positive outcomes.  The purchase of certain securities may be required to effect some of the strategies.  All investing involves risk including possible loss of principal.

Information Sources

Stryker, S., & Burke, P. J. “The past, present and future of identity theory.” Social Psychology Quarterly (2000).

#personalfinance #retirementincome #financialplanning #financialfreedom #financialadvisor #retirement #investing #interestrates #federalreserve #ratecut