Retirement Unlimited

This week we are talking about one of our favorite subjects – KIDS! Unfortunately, we are talking about the rising cost of parenthood and its impact on families. We explore the declining birth rate in the US and other countries, the increasing expenses of raising children, and the economic and emotional challenges faced by parents. The conversation also touches on the importance of family and the need for creative solutions to support parents and grandparents.

In this episode of Building Wealthy Habits, Laura and Jeremiah discuss the role of fractional CFOs in growing businesses. They explore the progression from handling finances in-house to hiring a tax preparer, bookkeeper, and controller. They highlight that eventually businesses reach a point where they need a strategic thinker and financial expert, which is where a fractional CFO comes in. They discuss the benefits of hiring a fractional CFO, such as cost savings and access to expertise, and provide resources for finding fractional CFO services.

This week we are joined by David and Caitlin Carnes as they share candid insights on marriage and money. As the heat levels rise, they reveal how they navigated the Hot Ones Challenge and the even hotter topic of finances as a couple. From spending habits to the importance of aligning values, they talk openly about how they manage money together, all while juggling the added challenge of parenting. This lighthearted yet meaningful conversation sheds light on how open communication and teamwork are key to finding financial harmony in any marriage.

In episode 34 of the Building Wealthy Habits Advisors, we are absolutely thrilled to have back two of our favorite guests, Simone Knepper and Brooke Miller to talk about the recent changes in the real estate industry regarding commissions and how they are negotiated. We talk about how the National Association of Realtors was involved in a lawsuit that resulted in greater transparency surrounding realtor commissions. Brooke and Simone shed light on the biggest change – that the buyer broker compensation field is no longer listed on the MLS, and commissions are now subject to negotiation. The conversation highlights the importance of having a trusted advisor who can navigate these changes and provide valuable guidance throughout the home buying or selling process. If you walk away with anything from this episode we hope it’s that there is real value in working with a professional agent who can offer expertise and protection in the transaction

In this episode of the Building Wealthy Habits podcast by TriCord Advisors, we dive deep into the crucial topic of long-term care. Join us as we explore the average costs, essential strategies for preparing, and the significant impact of health on long-term care expenses. We'll also discuss the evolving dynamics of caregiving, the importance of family conversations, and the challenges of funding care. Learn about the options available, including long-term care insurance and how to create a comprehensive estate and financial plan to secure your future. Don't miss this vital discussion for anyone looking to protect their wealth and well-being.

In episode 32 of Building Wealthy Habits, we discuss Roth IRAs and specifically, backdoor and mega backdoor Roth IRAs. We explore the difference between traditional and Roth IRAs, highlighting the tax benefits of each. We also discuss the income limits for contributing to a Roth IRA and how the backdoor Roth IRA strategy allows high-income earners to contribute to a Roth IRA, touching on the benefits of Roth IRAs for legacy planning and college savings. The conversation concludes with a mention of Peter Thiel's $5 billion Roth IRA and the importance of tax planning.

Join Laura Lee and Jeremiah Lee as they debunk common myths about estate planning. Tune in as they they tackle issues and misconceptions such as:

00:00 Introduction and Discussion about Riverside Cookie Shop

03:02 Debunking Common Myths About Estate Planning

08:05 The Importance of Estate Planning While Still Alive

12:01 The Value of a Trust, Even with Just a House

18:59 Avoiding Family Conflicts Through Clear Estate Planning

23:01 Leaving a Legacy: Including Charitable Organizations in Estate Plans

Learn why planning ahead is crucial to ensure your assets are distributed according to your wishes and to avoid unnecessary legal complications. Don’t miss this valuable discussion on securing your legacy and peace of mind.

In this episode of "Building Wealthy Habits," Randy, Laura and Jeremiah take you through the experience of meeting with a financial advisor. They break down the entire process, from your first meeting to the creation of a personalized financial plan.

You'll hear about the onboarding steps, starting with the initial appointment to gather essential information, followed by the clarifying appointment to refine your strategy. Our hosts stress the importance of trust and clear communication, laying the groundwork for a successful advisor-client relationship.

Get insights into the implementation phase, where you'll learn how advisors help organize accounts and manage investments. The goal is to boost your confidence in your financial future and guide you toward achieving your goals.

In this episode, Laura and Jeremiah interview Marie Hair, the founder of To Dwell Here, a company that specializes in personalized hospitality and design for short-term rental properties. Marie shares her expertise in creating a balance between functional and beautiful spaces, catering to the needs of guests, and building a strong relationship with neighbors. She emphasizes the importance of focusing on the people over the property and creating memorable experiences for guests. Marie also discusses the future of To Dwell Here and provides insights for those interested in purchasing and managing short-term rental properties.

In episode 28 of Building Wealthy Habits, real estate experts Simone Nepper and Brooke Miller join us to discuss the process of finding and securing a short-term rental property. They emphasize the importance of determining whether the property will be purely an investment or if it will also be used for personal vacations. They highlight the need for properties to have unique features that make them stand out in a saturated market. Brooke and Simone also discuss the impact of COVID-19 on the short-term rental market and the importance of understanding local regulations and restrictions. Listen in as they share their insights on the characteristics of a good short-term rental property and potential pitfalls to avoid.