IRAs, 401ks, the TSP, ROTHs.

It’s a soup of acronyms. What's the right prioritization of accounts for saving? Which account should you spend from first in Retirement?

In this episode I’m diving into the main retirement account types and how to use them. I'll cover:

1) Accumulating wealth…when you’re saving for retirement and

2) Decumulating wealth...or spending your assets in retirement.

We will talk about contributions, backdoor contributions, income limitations and common misconceptions. So if you have questions about which retirement accounts to use – you’re not alone – and this is the episode for you.

Bucket Chart Referenced In Episode

Question? Start A Conversation with Capital Stewards

Any commentary is provided for general information and educational purposes only and should not be construed as specific investment, tax or legal advice. Instead, readers should make an independent assessment of the information and determine if any content mentioned is appropriate for their personal situation. Past performance of market results is no assurance of future performance. This information has been obtained from sources deemed reliable but is not guaranteed.

Want to go deeper than cable news on the proposed economic policies of both presidential campaigns? I evaluate policy proposals with history and data as the guide to discover which proposals may really create growth and reduce inflation in the economy. Neither Vice-President Harris nor Former President Trump lay out all good or all bad proposals. Whether you consider yourself a republican, democrat or independent, you might be surprised at the proposals from your party. Lastly, I will discuss what the proposals mean for investors.

0:00 - Intro

2:47 - What Caused Inflation / How Policy May Impact Inflation Going Forward

13:00 - Tax Plans / Tax Burden / "Fair Shares" / Corporate Taxes

30:10 - U.S. Government Spending & Revenue / Tax on Tips

36:20 - Tariffs

42:55 - Raising the Minimum Wage

46:20 - Home Prices / Incentives to Build / Handouts to Buyers

49:05 - Price "Gouging"

51:01 - Infrastructure

52:01 - Energy

53:23 - Where the Race Stands / Conclusions

https://www.thecapitalstewards.com/

Start a Conversation: https://www.thecapitalstewards.com/startconversation

Any commentary is provided for general information and educational purposes only and should not be construed as specific investment, tax or legal advice. Instead, readers should make an independent assessment of the information and determine if any content mentioned is appropriate for their personal situation. Past performance of market results is no assurance of future performance. This information has been obtained from sources deemed reliable but is not guaranteed.

Is college worth the high cost? If my kids are going to college, how should I save and pay for college? In thie episode we dive into college planning. I cover:

2:15 - A framework to make college pay-off

9:20 - Saving for college, 529s, ROTH IRAs.

17:10 - Paying for college, strategies for asset ownership and the FAFSA

https://www.thecapitalstewards.com/startconversation

Resources:

https://ronlieber.com/books/the-price-you-pay-for-college/

https://collegereadyplan.com/

I named the firm “The Capital Stewards” for a reason. I’ve discussed stewardship in other articles and podcast episodes, but this is a concept that we all wrestle with so I wanted to lay out a framework that I hope will be helpful as you think about stewarding the resources that you have been entrusted with. Whether you believe the Bible or not, I think this episode will be helpful in understanding how to think wisely about your money.

We discuss:

1) A Biblical Framework for Money

2) Generosity & Tithing

3) Investing Wisely

4) The Importance of "Doing the Hard Work"

Learn More or Connect: https://www.thecapitalstewards.com

© 2024 Capital Stewards, LLC. All rights reserved. Capital Stewards, LLC is a registered investment advisor. Any commentary is provided for general information and educational purposes only and should not be construed as specific investment, tax or legal advice. Instead, readers should make an independent assessment of the information and determine if any content mentioned is appropriate for their personal situation. Past performance of market results is no assurance of future performance. This information has been obtained from sources deemed reliable but is not guaranteed.

In this episode, we discuss Annuities. Are they useful financial tools or are they terrible products?

Annuities are like any other financial product, they are useful in some situations and useless in others. The real issue with annuities, like other kinds of insurance, is that they are often sold and promoted by salespeople masquerading as “financial advisors.” So in this episode we are going to shine the light on annuities. We discuss:

1:16 - Finding quality, unconflicted advice about annuities and retirement income

2:38 - Types of Anuities

4:29 - Situations when Annuities Might Be Useful

10:29 - Fixed Index Annuities (FIAs), Variable Annuities and Situations When Annuities Don't Make Sense

Learn More About Us or Reach Out: https://www.thecapitalstewards.com/

Any commentary is provided for general information and educational purposes only and should not be construed as specific investment, tax or legal advice. Instead, readers should make an independent assessment of the information and determine if any content mentioned is appropriate for their personal situation. Past performance of market results is no assurance of future performance. This information has been obtained from sources deemed reliable but is not guaranteed.

Inflation is falling, unemployment is rising and after a strong start to the year,

economic data has turned noticeably weaker. Is a recession on the horizon? In

our outlook we will talk about inflation, the jobs market and the economy. More

importantly, we dive into what the current economic outlook means for investors

in stocks, bonds, real estate and other asset classes. So, if you are wondering

if a recession is coming, and how to invest now, this is the episode for you.

Learn More About Us: https://www.thecapitalstewards.com/

(0:00) Intro: Is a recession on the horizon?

(0:43) Long-term returns

(3:05) What’s happened in markets so far this year?

(3:55) Economic growth slowing, but not in recession

(4:10) Big misconception – inflation is causing slow down

(5:35) Magnificent 7 Stocks

(6:24) Economy slowing down

(6:55) Jobs market outlook

(8:55) Is inflation going down?

(12:35) Why is some inflation good?

(13:40) U.S. Stock Market Outlook

(17:30) Global Stock Market Outlook

(21:19) Interest Rate and Bond Market Outlook

(23:13) Real Estate Outlook

(26:18) How to Invest Now

Any commentary is provided for general information and educational purposes only and should not be construed as specific investment, tax or legal advice. Instead, readers should make an independent assessment of the information and determine if any content mentioned is appropriate for their personal situation. Past performance of market results is no assurance of future performance. This information has been obtained from sources deemed reliable but is not guaranteed.

As we move into political silly season, Social Security will become even more of a political hot-potato. Social Security garners lots of hot takes, not all of which are correct.

In this episode, my goal is to lay out:

• How social security works
• Where the program is likely headed and
• What that means for participants both now and in the future

Lastly, we will talk about how you should plan for social security, regardless of your income level.

Sources:

https://www.ssa.gov/oact/trsum/

https://www.cbo.gov/publication/59184

Learn More About Us: https://www.thecapitalstewards.com/

Any commentary is provided for general information and educational purposes only and should not be construed as specific investment, tax or legal advice. Instead, readers should make an independent assessment of the information and determine if any content mentioned is appropriate for their personal situation. Past performance of market results is no assurance of future performance. This information has been obtained from sources deemed reliable but is not guaranteed.

Retirement Planning 201. We dive deep into strategies for those considering retirement in the next 5 years. This is 201 because we go much deeper into taxes, healthcare, social security and investing than the typical retirement planning article. We discuss:

0:00 Your Most Valuable Resource (Time) + Working in Retirement

5:14 How long will you live? + How much will you spend?

8:10 When to Take Social Security

11:40 IRAs vs. 401ks vs. ROTH + Reducing Taxes In Retirement

15:00 Early Retirement Healthcare + Original Medicare vs. Medicare Advantage

18:40 Investing for Retirement

https://www.thecapitalstewards.com/st...

Data Sources:

Workforce Participation: Bureau of Labor and Statistics, Employee Benefit Research Institute, Greenwald Research

Retirement Spending: J.P. Morgan Chase, “Three Retirement Spending Surprises”

Life Expectancy: American Academy of Actuaries and Society of Actuaries, Actuaries Longevity Illustrator, http://www.longevityillustrator.org/, (accessed August 2022).

Social Security: Social Security Administration, Capital Stewards Analysis, Table shows figures assuming maximum benefit from social security, based on 2024 payout data and not adjusted for inflation.

© 2024 Capital Stewards, LLC. All rights reserved. Capital Stewards, LLC is a registered investment advisor. Any commentary is provided for general information and educational purposes only and should not be construed as specific investment, tax or legal advice. Instead, readers should make an independent assessment of the information and determine if any content mentioned is appropriate for their personal situation. Past performance of market results is no assurance of future performance. This information has been obtained from sources deemed reliable but is not guaranteed.

Sit on an Investment Committee or Nonprofit Board?

Stewarding the generous gifts of your congregation and community is a high calling but often leaders get stuck facilitating their investment committee. Investing with an organization is very different, and often more challenging, than personal investing. In this episode we discuss overcoming 5 challenges we see with organizational investors.

3:04 - Slow and Ineffective Investment Committees

9:20 - Lack of Focus on Asset Allocation

10:52 - Under-Developed Investment Policy

13:20 - High Fees and Lack of Transparency

15:00 - No Performance Tracking

More on Investing for Churches, Non-Profits and Endowments: https://www.thecapitalstewards.com/churches-non-profit-financial-advisor

Start A Conversation With Us: https://www.thecapitalstewards.com/startconversation

© 2024 Capital Stewards, LLC. All rights reserved. Capital Stewards, LLC is a registered investment advisor. Any commentary is provided for general information and educational purposes only and should not be construed as specific investment, tax or legal advice. Instead, readers should make an independent assessment of the information and determine if any content mentioned is appropriate for their personal situation. Past performance of market results is no assurance of future performance. This information has been obtained from sources deemed reliable but is not guaranteed.

Everytime you turn on the news there is another story about the southern border or immigration. The U.S. economy continues to create more jobs than expected, largely due to "foreign born workers"

The Bible teaches that we should love foreigners and refugees. But much has been written about migrant workers stealing jobs from Americans and driving down wages. So how do we reconcile all of that?

In this episode of the podcast, we examine the data for immigration and employment in America.

0:00 Intro

2:14 Legal vs. Illegal Immigration

3:28 Immigration Facts

3:58 Impact on Economic Growth

8:19 Are Immigrants "Stealing Jobs?"

11:22 Immigration Reduces Wages

13:25 Immigration Reducing Inflation

16:01 Conclusion

Start A Conversation With Us: https://www.thecapitalstewards.com/startconversation

© 2024 Capital Stewards, LLC. All rights reserved. Capital Stewards, LLC is a registered investment advisor. Any commentary is provided for general information and educational purposes only and should not be construed as specific investment, tax or legal advice. Instead, viewers should make an independent assessment of the information and determine if any content mentioned is appropriate for their personal situation. Past performance of market results is no assurance of future performance. This information has been obtained from sources deemed reliable but is not guaranteed.