In this episode, I break down a few of the essentials to becoming a better investor. If you've ever felt overwhelmed by the market or unsure about your investment strategy, this episode is for you. We discuss:

• The importance of behavior management and how your mindset can significantly impact your investment success

• Systematic approaches to investing and why having a structured investment strategy is crucial. I break down the importance of asset allocation and how to control what you can control.

• Understanding asset allocation, including the different types of asset classes and how to balance your portfolio based on your risk tolerance and investment goals.

• Find out why maintaining your desired asset allocation is essential for long-term success and how to effectively rebalance your portfolio

In this episode, I dive deep into the age-old debate: Roth vs. Traditional accounts. Many people assume that Roth is the way to go because they believe taxes will rise in the future. However, this episode aims to clear up common misconceptions and help you understand the nuances of effective tax planning for retirement:

• How tax deferral works with Traditional 401(k) contributions
• The benefits of Roth accounts, including tax-free growth and no RMDs
• The impact of Required Minimum Distributions (RMDs) on your retirement planning
• Strategies for Roth conversions and timing your tax payments
• The importance of tax diversification and effective tax rate management over your lifetime

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✅ Financial planning for 30-50 year old entrepreneurs: ⁠https://www.allstreetwealth.com⁠

✅ My personal blog & newsletter: ⁠https://www.thomaskopelman.com⁠

Disclaimer: None of this should be seen as financial advice. It is just for informational purposes.

In this episode, I break down the two main types of IRAs—the traditional (pre-tax) IRA and the Roth IRA (post-tax). Some highlights:

• Contribution Limits: Learn about the annual contribution limits and how they change based on your age and income

• Tax Benefits: The advantages of tax-deferred growth with traditional IRAs versus tax-free growth with Roth IRAs

• Withdrawal Rules: Understand the implications of Required Minimum Distributions (RMDs) and how they can affect your tax situation in retirement

• Backdoor Roth IRAs: How high-income earners can still take advantage of Roth IRAs through the backdoor method

• Spousal Contributions: Find out how you can contribute to your spouse's IRA, even if they don’t have earned income

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Financial planning for 30-50 year old entrepreneurs: ⁠https://www.allstreetwealth.com⁠

My personal blog & newsletter: ⁠thomaskopelman.com⁠

Disclaimer: None of this should be seen as financial advice. It is just for informational purposes.

In this episode, I break down employer-sponsored retirement plans and the different options available. From 401(k)s and Roth accounts to SEP IRAs and the mega backdoor Roth strategy, learn how to maximize your retirement savings.

- Overview of retirement account options (401(k), Roth, SEP IRA, etc.)

- The significance of employer matches

- Catch-up contributions for those aged 50 and above

- Investment strategies for long-term growth

- Understanding fees and choosing the right funds

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✅ Financial planning for 30-50 year old entrepreneurs: ⁠allstreetwealth.com⁠

✅ My personal blog & newsletter: thomaskopelman.com⁠

Disclaimer: None of this should be seen as financial advice. It is just for informational purposes.

In this episode, I break down a few reasons why people love owning real estate and the benefits it offers compared to other investments like stocks or crypto.

• The tangible nature of real estate vs. stocks
• Understanding cash flow and its importance in wealth building

• The benefits of having someone else pay down your mortgage

• How depreciation can minimize taxes on real estate investments
• The significance of equity in rental properties and how it affects returns

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✅ Financial planning for 30-50 year old entrepreneurs: allstreetwealth.com⁠

✅ My personal blog & newsletter: thomaskopelman.com⁠

Disclaimer: None of this should be seen as financial advice. It is just for informational purposes.

In this episode, I break down mortgages, how they work, and the importance of down payments and loan types:

• The differences between 30-year and 15-year fixed mortgages, interest-only loans, and adjustable-rate mortgages (ARMs)
• When does refinancing make sense?
• How HELOCs can serve as a financial safety net and when it might be beneficial to tap into your home equity.

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✅ Financial planning for 30-50 year old entrepreneurs: ⁠https://www.allstreetwealth.com⁠

✅ My personal blog & newsletter: ⁠https://www.thomaskopelman.com⁠

Disclaimer: None of this should be seen as financial advice. It is just for informational purposes.

In this episode, I break down the difference between good debt and bad debt—such as what types of debt can actually work in your favor (like business loans and student loans for lucrative careers), versus credit card debt and loans for things you can't afford. Some highlights:

• Credit Cards: My personal approach to using credit cards responsibly, including how I leverage rewards while avoiding high-interest debt

• Debt Repayment Strategies: Exploring effective methods for paying off debt, including the Snowball and Avalanche methods, and how to choose the right one for your situation
• Emergency Funds: Discover why having a small emergency fund can be a game-changer in your journey to becoming debt-free
• 0% Financing: The pros and cons of 0% interest loans and how they can either be a helpful tool or a slippery slope, depending on your financial habits

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✅ Financial planning for 30-50 year old entrepreneurs: ⁠https://www.allstreetwealth.com⁠

✅ My personal blog & newsletter: ⁠www.thomaskopelman.com⁠

Disclaimer: None of this should be seen as financial advice. It is just for informational purposes.

In this episode, I walk through how to effectively manage your monthly income & expenses when you're paid in equity (or receive bonus income). Some highlights:

Understanding RSUs: How they work, including vesting schedules and tax implications

The Full Picture: Understanding your total income, expenses, and tax liabilities, so you can make smart decisions about your investments and savings

Get actionable steps to manage your tax liabilities and ensure you’re not over-concentrated in company stock. Learn how to balance your cash flow and maximize your savings through 401(k)s, ESPPs, and HSAs.

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✅ Financial planning for 30-50 year old entrepreneurs: ⁠https://www.allstreetwealth.com

⁠✅ My personal blog & newsletter: ⁠https://www.thomaskopelman.com⁠

Disclaimer: None of this should be seen as financial advice. It is just for informational purposes.

Whether you’re newlyweds or have been together for years, navigating money matters can be challenging, especially when you start blending incomes, expenses, and financial goals.

In this episode, I discuss three effective systems for managing finances in a marriage:

1. Entirely Combined: The traditional approach where both partners share everything—income, expenses, savings, and investments. I share why this method often leads to stronger partnerships and better financial outcomes.

2. Half and Half: A balanced approach where couples maintain a shared account for bills while also having individual accounts for personal spending. This method allows for autonomy while still working towards common financial goals.

3. All Separate: While I don’t recommend this for everyone, I explore how some couples, especially those who marry later in life, find success in managing their finances separately.

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✅ Financial planning for 30-50 year old entrepreneurs: ⁠https://www.allstreetwealth.com⁠

✅ My personal blog & newsletter: ⁠https://www.thomaskopelman.com⁠

Disclaimer: None of this should be seen as financial advice. It is just for informational purposes.

In this episode, I discuss why having cash on the sidelines is your best friend, especially in uncertain times. I also share a powerful quote from Morgan Housel that resonates with me: "More than I want big returns, I want to be financially unbreakable." This mindset is key to understanding the true value of an emergency fund. Some highlights from the episode:

• The importance of having an emergency fund to avoid selling investments at a loss during market downturns
• How much you should keep in your emergency fund based on your personal risk tolerance and life circumstances
• Practical steps to determine the right amount for you, whether it's three months, six months, or even up to twelve months of expenses
• Where to hold your emergency fund to maximize your returns without sacrificing liquidity

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✅ Financial planning for 30-50 year old entrepreneurs:⁠https://www.allstreetwealth.com⁠

✅ My personal blog & newsletter:⁠https://www.thomaskopelman.com⁠

Disclaimer: None of this should be seen as financial advice. It is just for informational purposes.