Winning at Life with Gregory Ricks

Winning at Life Daily Wrap: 06.06.18


Listen Later

Warren Buffett quote: "You should leave your children enough that they can do anything, but not so much that they can do nothing." Gregory talks about how you need to train your kids to be ready to handle money. Gregory recommends seeking the advice and training of business coaches that can help you develop these skills yourself.

Gregory questions the rationale of having an international trade agreement wrapping together two countries as different as Canada and Mexico. There appears to be some significant changes to our trade agreements on the horizon.

The trustees for Social Security and Medicare release their annual report with projections for the future of our two biggest spending programs. Gregory talks about building multiple streams of income to minimize the effects of possible cuts.

Gregory talks about a couple where the husband got the max Social Security benefit, but the wife didn't have enough quarters for own record. She can still draw from her husband's record, but what if she turns it on early?

Gregory relays a client with four streams of income with tax efficiency on steroids. She combines a pension, Social Security, IRA, and another tax free stream.

http://www.WinningAtLife.com
...more
View all episodesView all episodes
Download on the App Store

Winning at Life with Gregory RicksBy Winning at Life with Gregory Ricks