Your Money, Your Wealth

Personal Finance 101: How to Teach Teens About Money - 465


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How and what should we teach teenagers about money, to make the next generation financially literate? That’s what CJ in Philadelphia and Teresa want to know, today on Your Money, Your Wealth® podcast 465 with Joe Anderson, CFP® and Big Al Clopine, CPA. Plus, Hap and Bee have a military pension and VA disability - Joe and Big Al spitball on when they’ll be able to retire, and what they need to do to get there. And they spitball on whether Grace in Seattle is on track to retire early at age 55. David and Victoria in Grand Rapids, Michigan are killing the game - in their early 30s with $400,000 income and over a million saved. When should they start funding the traditional retirement accounts instead of the Roth accounts? And, find out how the first annual Anderson Household Financial Summit went!

Access this week's free financial resources and the episode transcript in the podcast show notes, and Ask Joe & Big Al On Air for your Retirement Spitball Analysis, at https://bit.ly/ymyw-465 

Timestamps:

  • 00:00 - Intro
  • 00:53 - Financial Guidance for Teenagers (CJ, Philadelphia - voice)
  • 07:43 - How to Start a Finance 101 High School Course? (Teresa)
  • 13:12 - EASIretirement.com - free retirement calculator
  • 14:18 - Military Spitball: When Will I Be Able to Retire (Hap & Bee, CA)
  • 22:56 - Anderson Family Financial Summit
  • 26:03 - Spitball If I Can Retire Early at Age 55 (Grace, Seattle)
  • 33:02 - 10 Will & Trust Mistakes to Avoid | Estate Planning - YMYW TV
  • Estate Plan Organizer and Survivor’s Guide - free download
  • 33:51 - Killing it at 34, When to Consider Contributing to Traditional IRA? (David & Victoria, Grand Rapids, MI)
  • 44:43 - The Derails
...more
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Your Money, Your WealthBy Joe Anderson, CFP® & Alan Clopine, CPA of Pure Financial Advisors

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