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Coach Todd Tresidder shares how he retired at the age of 35. He discusses effective retirement investing strategies and compares owning a piece of real estate to investing in REITs. Although past performance is not a guarantee for future returns, there are useful financial lessons that you can learn from looking at how people have handled certain market situations in the past. Doug Goldstein, CFP® talks about the most common investing mistakes, and how to avoid them. Follow Todd Tresidder at http://financialmentor.com and on Twitter @Financialmentor.
Parents often want to give financial assistance to their children. How much should parents give, and what's the best way to do it? On today's show, Doug Goldstein, CFP® examines generational giving. Learn about the tax considerations involved in gifting money to your children, and how the wrong kind of assistance can make your children more dependent on you and less able to manage their money. Apart from the issue of helping your children financially during your lifetime, is it important to leave them an inheritance? Attorney Jeff Condon, author of Beyond the Grave: The Right and Wrong Way of Leaving Money to Your Children, explores how estate planning can affect family relationships. Listen for tips on appointing executors, protecting your estate from taxes and how to preserve your estate's value. Follow Jeff Condon at https://condonandcondon.net/ and on Twitter @JeffCondon
Why do intelligent people make irrational decisions about their money? Financial writer Emily Guy Birken, author of The 5 Years Before You Retire, explains impulsivity in making financial decisions. Can you protect yourself against financial scammers, who thrive on their victims' irrationality, and keep your finances safe? Did you inherit your parents' irrational financial decision making gene? Are you able to discuss managing their finances with them? Financial advisor Doug Goldstein, CFP® shares practical techniques for dealing with your own money, as well as with your family members, who might not see eye-to-eye with you on how to manage funds. Follow Emily Guy Birken at: http://www.emilyguybirken.com and on Twitter @emilyguybirken.
IRA expert Ed Slott, author of Ed Slott's 2016 Retirement Decisions Guide, presents options of what you should do with your IRA (Individual Retirement Account) when you move to Israel.
When living and saving for retirement in Israel, Americans need to take taxes, service, and performance into consideration before participating in Israeli saving and investment programs. Douglas Goldstein, CFP®, cross-border financial expert and licensed advisor in Israel and America, details the factors you need to consider when deciding which type of account might be best for you.
Follow Ed Slott at: www.irahelp.com and on Twitter @theslottreport.
To download a guidebook to opening and maintaining a U.S. brokerage account from abroad, click here.
Planning for a happy retirement is not only a question of money. There are many other factors to consider. Wes Moss, financial planner, podcaster, and author of You Can Retire Sooner Than You Think, talks about what makes a happy retirement. Retirement is not only about leaving the daily grind of going to work--it should be a time for doing what you have always dreamed of, but were unable to do during your working years. A happy retirement takes into consideration factors other than the size of your bank account. Listen to find out what else you need for an enjoyable retirement.
Have you recently received a letter from your U.S. brokerage firm asking you to transfer out your account? What should you do? Douglas Goldstein, CFP®, explains the steps you can take if you need to end your existing brokerage relationship. Don't miss this free download of a toolkit that can guide you through the process of managing your U.S. accounts from overseas.
Follow Wes Moss at: http://www.wesmoss.com and on Twitter @WesMoss365
Do you have more job security as an employee or as an entrepreneur? Taylor Pearson, author of The End of Jobs, explains why becoming an entrepreneur does not mean giving up the security of having a job, why jobs are becoming a thing of the past, and how entrepreneurial skills can help you write your life script. What does the future hold for traditional jobs, and what are the growing industries that today's university graduates should be focusing on?
Should you be concerned about a drop in the bond market? Today, Doug Goldstein, CFP® looks at reasons why a bond may decrease in value, and what you can do if you decide to invest in bonds instead of stocks.
Follow Taylor Pearson at https://taylorpearson.me/ and get the first three chapters of his book for free here. Follow him on Twitter @TaylorPearsonMe.
Do financial laws make U.S. citizenship a burden for American expats?
Curtis Poe, a writer on U.S. expat issues, explains why many banks don't want U.S. citizens as clients and describes the difficulties American expats may face in getting jobs.
Get a link to a free resource specially geared to American expats about opening a U.S. brokerage account from Israel.
Does the discrimination that American citizens face abroad make it worthwhile for expats to renounce their U.S. citizenship?
What are the most common financial myths? On today's show, host Douglas Goldstein CFP® debunks financial myths, such as not being able to transfer funds to/from America or that you always have to support your adult children.
Follow Curtis Poe on: http://www.overseas-exile.com/
To become a top investor, you need to develop certain personal qualities.
Award-winning speaker and author Corey Poirier explains why personal passion and knowing your goals are necessary for financial success. Find out why learning how to deal with failure is important to success.
For more information about Corey Poirier's public speaking course, click here.
Follow Corey Poirier's other work at - http://thepassioncure.com/ and on Twitter @thatspeakerguy.
Today's show features financial advisor Joe Saul-Sehy as a guest co-host, along with regular host Douglas Goldstein, CFP®. The discussion focuses on why dividends are an important part of an investment and why it's not a good idea to include working after retirement as part of your financial plan.
Follow Joe Saul-Sehy at www.stackingbenjamins.com and on Twitter @AverageJoeMoney
Thinking of early retirement?
Darrow Kirkpatrick, author of Can I Retire Yet? and Retiring Sooner, shares how he retired early (age 50) and discusses the investing strategies to make early retirement possible.
Find out how to estimate how much money you'll need in retirement.
If you retire early, consider when your pension payments will begin. Should you apply to claim Social Security early (age 62) or wait until you later (age 70), when the benefits are greater?
Listen to the show to find out more about Social Security, spousal benefits, and outside pensions.
Follow Darrow Kirkpatrick at:
http://www.caniretireyet.com
What makes a company socially responsible? How can you solve ethical dilemmas that can arise in business?
Rabbi Shaya Karlinsky, head of Darche Noam institutions, explains how Jewish thought can answer some of the most difficult moral questions in the investment world today.
Should you invest in a self-driving car company that pre-programs its cars to kill pedestrians? Is it appropriate to invest in a tobacco company?
Apart from moral issues, another question that investors often ask is what form their investment should take – stocks and bonds, or real estate? Find out what you need to know about investing in real estate and being a good landlord.
Follow Rabbi Karlinsky at: www.darchenoam.org and on Twitter @Shapells.
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