Feeling the ups and downs of the stock market? 🌊 Don't worry, you're not alone! Check out these five essential strategies to help you ride the market roller coaster:

1. Embrace the Long Game: Investing is a marathon, not a sprint. Focus on your long-term goals and checkout the Probability of Positive Returns graph I highlight in the video.

2. Diversify Your Portfolio: Spread your investments across various asset classes to reduce risk.

3. Rebalance Periodically: Keep your portfolio in check by adjusting your asset allocation regularly.

4. Tune Out the Noise: Limit exposure to financial news that can cause unnecessary stress.

5. Harvest Tax Losses: Use market downturns to your advantage by offsetting gains with losses.

Stay calm and invest wisely! 💡💪

Thank you for taking the time to watch or listen to today’s Money Not Math episode. Please help me provide more value to more people by sharing it with a friend, sharing it on your social media page and commenting with a question or thought. Or, if you would like to ask me a question privately or schedule a meeting, please email me at drew@5stonefinancial.com.

Articles referenced: https://www.morningstar.com/markets/5-strategies-riding-market-roller-coaster?utm_source=eloqua&utm_medium=email&utm_campaign=MorningDigest&utm_content=None_62390&utm_id=32286

www.ftportfolios.com

Disclaimer, this content is not legal, tax, or investment advice. You should always consult a qualified professional regarding your personal situation.

Hello and welcome to Money Not Math episode 158! I'm Drew Erickson, and today we're diving into Warren Buffett's recent comments on Berkshire Hathaway's cash holdings and what they mean for investors like you.

In his latest annual letter to shareholders, Buffett addressed concerns about Berkshire's substantial cash reserves, which stood at $334 billion at the end of the fourth quarter. He emphasized his preference for owning "good businesses" over holding cash and highlighted the importance of patience and discipline in investing.

Buffett also discussed the impressive performance of Berkshire's insurance arm and expressed confidence in the company's Japanese investments. These insights underscore the value of diversification and waiting for the right investment opportunities.

Tune in to learn more about how Buffett's philosophy can inform your personal retirement planning strategy. If you find this episode valuable, please consider subscribing, leaving a review, or sharing it with a friend. And remember, if you're looking for personalized retirement planning advice, I'm here to help.

📌 Read the article: https://www.morningstar.com/stocks/warren-buffett-dismisses-concerns-about-cash-holdings?utm_source=eloqua&utm_medium=email&utm_campaign=MorningDigest&utm_content=None_61302&utm_id=31743

Disclaimer: This content is not legal, tax, or investment advice. Always consult a qualified professional regarding your personal situation.

#MoneyNotMath #Podcast #WarrenBuffett #InvestmentPhilosophy #RetirementPlanning #FinancialAdvice #Diversification #PatienceAndDiscipline #InvestSmart

In this episode, I dive deep into the world of Health Savings Accounts (HSAs). Discover how HSAs can be a game-changer for your financial health, offering triple tax savings and more. But they aren’t always the right decision for everyone. We break down the benefits of high-deductible health plans and compare them with traditional health insurance options. Learn how HSAs can significantly impact your retirement planning by providing a tax-advantaged way to save for future healthcare expenses. Whether you're new to HSAs or looking to optimize your current strategy, this episode is packed with valuable insights and practical tips.

🔗 Read the full article here: https://www.kitces.com/blog/ben-dobler-hsas-health-savings-accounts-hsa-high-deductible-health-plan-ppo-premium-deductible-triple-tax-savings-advantage-calculation/

Disclaimer: This content is not legal, tax, or investment advice. Always consult a qualified professional regarding your own situation. And since this is a live session, I may occasionally make a mistake.

#HSAs #HealthSavingsAccount #FinancialHealth #TaxSavings #HighDeductiblePlan #PPO #PersonalFinance #Healthcare #Investing #MoneyManagement #RetirementPlanning

Are you reconsidering when to take your Social Security benefits? Or planning for the unpredictable future of late-life finances? Check out this podcast highlighting:

1. Discover why delaying Social Security benefits might not always be the best strategy.

2. Learn how to create a robust financial plan to guide late-life decisions and weather an unpredictable future.

Stay informed and make the best decisions for your financial future!

Disclaimer: This content is not legal, tax, or investment advice. Always consult a qualified professional regarding your own situation.

Articles referenced: https://www.morningstar.com/retirement/maybe-you-shouldnt-delay-taking-your-social-security-benefits-after-all

https://www.startribune.com/a-financial-plan-to-guide-late-life-decisions-will-help-weather-unpredictable-future/601219133

#RetirementPlanning #FinancialAdvice #SocialSecurity #LateLifePlanning #Investing #FinancialEducation #5StoneFinancialGroup #money #retirement

Curious about how tariffs might affect your investment portfolio? Check out this podcast.

Key Takeaways:

• Historical Context: Learn how past tariff implementations, like those during President Trump's term, impacted markets.

• Market Reactions: Discover why markets often price in expected developments, potentially muting the impact of new tariffs.

• Forward-Looking Insights: Understand how current market prices may already reflect anticipated economic changes.

Stay informed and make better investment decisions by understanding the broader economic landscape.

Schedule a Private Call: If you prefer a private conversation, you can schedule a call with me here: https://outlook.office365.com/owa/calendar/Gb122ad25bf0742de9ef95f26af89fd04@5stonefinancial.com/bookings/s/ytXDEtRh0E-29mrENW6_Uw2

Disclaimer: This content is not legal, tax, or investment advice. Always consult a qualified professional regarding your own situation. Since this is a live session, I may occasionally make a mistake.

Article referenced: https://www.dimensional.com/us-en/insights/tariff-trepidation

#Investing #MarketInsights #Tariffs #FinancialEducation #Dimensional #RetirementPlanning #MoneyNotMath #EmptyNesters #5StoneFinancialGroup #Investing #Money #FinancialEducation #Retirement #Coffee

Hello everyone! 🌟

In today’s Money Not Math episode #157, we review key tax deductions that can help you save money and make the most of your home investment. 🏡💰

I recently came across an insightful article on Yahoo Finance about tax deductions for homeowners, highlighting eight valuable deductions that can lower your income tax. Let's break them down:

1. Mortgage Interest Deduction: Deduct the interest paid on your mortgage if you itemize your deductions.

2. Interest on Home Equity Loans and HELOCs: Deductible if used to buy, build, or improve your home, within certain limits.

3. Discount Points: Prepaid interest points that can be deducted in the year you pay them or spread out over the life of the loan.

4. Property Taxes: Deduct the amount you pay in property taxes each year.

5. Home Office Deduction: Deduct a portion of your home office expenses, including mortgage interest, utilities, and HOA fees if you meet certain criteria.

6. HOA Fees: Generally not deductible, but exceptions exist if you rent out your property or use part of your home for business.

7. Home Improvements: Certain improvements can be deductible, especially if medically necessary or improve energy efficiency.

These deductions can significantly impact your tax bill and help you save more for retirement. Be sure to consult with a tax professional to maximize your benefits.

Even if you don’t itemize your tax deductions, tax planning around your retirement income is crucial for maximizing your income in retirement while minimizing your social security taxes and Medicare costs.

Thanks for watching Money Not Math episode #157! If you found this video helpful, please share it with a friend or on your social media page, follow my page, comment with your thoughts or questions, or like this post to help me provide more value to more good people like you.

Disclaimer: This content is not legal, tax, or investment advice. Always consult a qualified professional regarding your personal situation.

Article Referenced: https://finance.yahoo.com/personal-finance/taxes/article/tax-deductions-for-homeowners-164247589.html

#MoneyNotMath #TaxDeductions #HomeInvestment #SaveMoney #RetirementPlanning #Homeowners #TaxTips #FinancialAdvice #Podcast #Finance

Here's a clip of,

🌟 Retirement Planning Insights: Watch or Listen Now! 🌟

Hey everyone! 🎥🎙️ I just recorded a video and podcast diving into some crucial retirement planning topics inspired by three insightful articles. Here's a sneak peek:

1. Double Taxation on Social Security: Many older Americans are feeling the pinch as Uncle Sam claws back their Social Security benefits. Learn how this "double taxation" impacts your retirement and what you can do about it.

2. Turbocharging Your Retirement Savings: Are you between 60 and 63? Discover how you can take advantage of "super catch-up" contributions to boost your retirement savings and secure your financial future.

3. Warren Buffett's Advice: Thinking about mimicking Warren Buffett's investment moves? Find out why this strategy might not be as foolproof as it seems and get tips on making smarter investment choices.

📺 Watch the full video or 🎧 listen to the podcast now to get the insights you need to make informed decisions for a comfortable retirement. Don't forget to like, share, and subscribe for more financial tips!

Full Podcast: https://creators.spotify.com/pod/show/drew-erickson7/episodes/Double-Taxation-on-Social-Security-and-How-It-May-Hurt-Your-Retirement---1-30-25-Retirement-Planning-Coffee-Talk-e2u6s4i

Disclaimer: This content is not legal, tax, or investment advice. Always consult a qualified professional regarding your own situation. And since this is a live session, I may occasionally make a mistake.

Articles Referenced: https://finance.yahoo.com/news/double-taxation-older-americans-increasingly-140800773.html

https://www.morningstar.com/retirement/should-you-turbocharge-your-retirement-savings?utm_source=eloqua&utm_medium=email&utm_campaign=MorningDigest&utm_content=None_60327&utm_id=31161

https://finance.yahoo.com/news/warren-buffett-advice-people-trying-144516366.html?guccounter=1

#RetirementPlanning #FinancialFreedom #InvestSmart #SocialSecurity #WarrenBuffett #RetirementSavings #MoneyNotMath #5StoneFinancialGroup #Money #Retirement #EmptyNesters

🌟 Retirement Planning Insights: Watch or Listen Now! 🌟

Hey everyone! 🎥🎙️ I just recorded a video and podcast diving into some crucial retirement planning topics inspired by three insightful articles. Here's a sneak peek:

1. Double Taxation on Social Security: Many older Americans are feeling the pinch as Uncle Sam claws back their Social Security benefits. Learn how this "double taxation" impacts your retirement and what you can do about it.

2. Turbocharging Your Retirement Savings: Are you between 60 and 63? Discover how you can take advantage of "super catch-up" contributions to boost your retirement savings and secure your financial future.

3. Warren Buffett's Advice: Thinking about mimicking Warren Buffett's investment moves? Find out why this strategy might not be as foolproof as it seems and get tips on making smarter investment choices.

📺 Watch the full video or 🎧 listen to the podcast now to get the insights you need to make informed decisions for a comfortable retirement. Don't forget to like, share, and subscribe for more financial tips!

Disclaimer: This content is not legal, tax, or investment advice. Always consult a qualified professional regarding your own situation. And since this is a live session, I may occasionally make a mistake.

Articles Referenced: https://finance.yahoo.com/news/double-taxation-older-americans-increasingly-140800773.html

https://www.morningstar.com/retirement/should-you-turbocharge-your-retirement-savings?utm_source=eloqua&utm_medium=email&utm_campaign=MorningDigest&utm_content=None_60327&utm_id=31161

https://finance.yahoo.com/news/warren-buffett-advice-people-trying-144516366.html?guccounter=1

#RetirementPlanning #FinancialFreedom #InvestSmart #SocialSecurity #WarrenBuffett #RetirementSavings #MoneyNotMath #5StoneFinancialGroup #Money #Retirement #EmptyNesters

Did you know the government decides when you must start spending your 401(k) and IRA money in retirement?

🎙️ Welcome to Money Not Math 156! 🎙️ Tune in to learn more about:

🔹 RMD Essentials: Understand that taxes are only delayed, not avoided. 🔹 Strategies: Discover ways to delay or avoid RMDs. 🔹 Retirement Planning Tips: Get expert advice to secure your financial future.

Don't miss out! Share this podcast with friends, comment with your questions and thoughts, like this post to help me provide value to more people, or contact me privately for a personalized retirement planning conversation.

Full Podcast: https://creators.spotify.com/pod/show/drew-erickson7/episodes/Ever-wondered-if-401k-withdrawals-before-age-73-count-toward-your-Required-Minimum-Distributions-RMDs-e2u2aco

Disclaimer: This content is not legal, tax, or investment advice. Always consult a qualified professional for your personal situation.

#RetirementPlanning #401k #RMDs #FinancialAdvice #MoneyNotMath #Podcast #InvestSmart #SecureFuture #5StoneFinancialGroup

Article referenced: https://finance.yahoo.com/news/401-k-withdrawals-turn-73-142043461.html

Ever wondered if 401(k) withdrawals before age 73 count toward your Required Minimum Distributions (RMDs)? 🤔

Did you know the government decides when you must start spending your 401(k) and IRA money in retirement?

🎙️ Welcome to Money Not Math 156! 🎙️ Tune in to learn more about:

🔹 RMD Essentials: Understand that taxes are only delayed, not avoided. 🔹 Strategies: Discover ways to delay or avoid RMDs. 🔹 Retirement Planning Tips: Get expert advice to secure your financial future.

Don't miss out! Share this podcast with friends, comment with your questions and thoughts, like this post to help me provide value to more people, or contact me privately for a personalized retirement planning conversation.

Disclaimer: This content is not legal, tax, or investment advice. Always consult a qualified professional for your personal situation.

#RetirementPlanning #401k #RMDs #FinancialAdvice #MoneyNotMath #Podcast #InvestSmart #SecureFuture

Article referenced: https://finance.yahoo.com/news/401-k-withdrawals-turn-73-142043461.html