Winning at Life with Gregory Ricks

00:52 - The IRS announces new contribution limits for 401ks and IRAs.

07:38 - At what point do you need a financial advisor? David in Gulfport is building up enough assets he's thinking about getting some help.

12:52 - We review the storyline of Tim in Metairie who called two days ago to say that Uber stock will plummet when a shares are unlocked, then called yesterday to confirm he was correct, but today Uber bounced back.

17:57 - How much money can you make before you're required to pay income taxes? Gregory updates the new standard deductions recently reported by the IRS for next year.

19:30 - Gregory elaborates on a 60 Minutes report on pot stocks.

25:27 - Gregory is generally unmoved by statistics predicting doom from a permabear.

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01:23 - What is the 401k Maximizer? Gregory explains how the 401k Maximizer can be your guide to making the right investments within your 401k.

09:51 - Time in Metairie calls back to update the show: yesterday's prediction about Uber's stock going down when the shares unlock came true.

13:19 - Have you lost a spouse? Learn how to get the most out of Social Security widow's benefits.

21:08 - Gregory and James dive deeper into the latest Social Security reform bill proposed in Congress.

28:31 - Ron in Gulfport wonders if his parents are getting the most out of their Social Security decisions.

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00:39 - Things to keep in mind when changing careers late in life.

04:27 - When talking about the most profitable company in the world, Troy in Metairie chats about how Aramco's low cost-per-barrel is their key.

07:40 - Tim in Metairie predicts Uber stocks will fall after hundreds of millions of shares become unlocked tomorrow.

14:37 - Learn how Social Security survivors benefit works.

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00:41 - Gregory answers a few text questions from the app.

04:27 - Should you take Social Security Survivors Benefit if you're still working? AJ in Pontchatoula asks Gregory to walk him through his options when it comes to Social Security widows benefit.

08:19 - Dean in Madisonville isn't so sure about his life insurance setup, and asks for a second opinion from Gregory.

11:34 - A recent report shows bankruptcy among seniors has skyrocketed since 1991. The most common reason is medical expenses. What can you do to keep yourself covered?

12:43 - What happens to the big life insurance policy from my previous employer? Raja in New Orleans had a messy divorce from her employer, and is trying to work out what's portable or lost.

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00:51 - John in New Orleans asks Gregory how to get the most out of his Social Security benefits utilizing the right spousal benefits strategy. The rules have changed in the last few years, and Gregory checks the rules to let John know where he stands.

09:45 - Is Long Term Care Insurance worth the cost? Sharon in Picayune is not a fan of the high premiums and likelyhood the insurance will go unused. Gregory generally leans toward having Long Term Care Insurance if you can afford it.

12:12 - Sharon in Picayune asks Gregory if Medicare for All plans could save money by reducing emergency room visits. Gregory points out that Medicare for All plans are nothing like Medicare and incredibly misleading. Medicare has premiums, co-pays, deductibles, doctor networks, and don't cover all of your medical bills nor long term care. Under Medicare, there is still a need for several different types of insurance coverages to fill the gaps. On top of all that, there's no real reason to believe it would ultimately save money on emergency room visits.

16:09 - Gregory shares some of his history of flipping cars as a teenager, and mastering the basic of business deals at a very young age.

20:38 - Gregory analyzes some of the new taxes proposed to pay for Socialized Medicine plan from a presidential candidate. There are some serious economic flaws in nationalizing the healthcare industry.

27:58 - Avoid these car buying mistakes! Gregory elaborates on a solid list of mistakes people often make when buying a car.

36:43 - What does it mean when you see commercials offering to buy your life insurance policy?

46:46 - Gregory gives you the truth behind some of the bonuses and guarantees on annuities.

51:31 - Are you affected by your business partner's tax problems? Tony in New Orleans is concerned because one of his business partners hasn't filed his personal taxes for around 10 years, and worries the IRS could freeze/garnish some of the business assets.

1:00:07 - Gregory finishes the show by answering the flurry of questions that came in through social media and the Winning at Life app during the course of the show.

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01:15 - Kanye West described his financial situation in a recent interview, and there's a lot to learn from the ground he covered on income, debt, spending, and taxes.

11:34 - The Fed lowers the interest rates again. We review comments from Fed Chair Jerome Powell.

20:11 - Gregory addresses some big financial headlines: recession in Hong Kong, PMI down, and Lisa Marie Presley's financial turmoil.

23:54 - Halloween! On the Day of the Dead, we review the top 10 dead celebrity earners this year!

29:08 - A new study warns of early retirement being linked to faster cognitive decline. If you plan to retire early, you may want to find something to keep that brain working hard.

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00:47 - Can you turn on your spousal benefit and let your own Social Security benefit continue to grow? James asks Gregory about someone who is definitely not his mother-in-law who plans to continue working after her Full Retirement Age, and wants to get the most out of her Social Security options.

03:19 - Gregory reviews a list of the US companies with the most debt. Debt load can be a huge drag on stock values.

06:15 - Learn some common mistakes in financial planning. Gregory elaborates on a list of problems often seen by financial planners.

18:22 - Gregory shares a list of sources of income that can be NON-taxable.

25:57 - When is the best time to turn on Social Security if you continue to work past your Full Retirement Age?

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01:20 - The S&P 500 closes at an all-time high. Does that mean it's time to get out?

08:11 - Facebook CEO Mark Zuckerburg answered questions in a Congressional hearing that was supposed to be about the crypto-currency project: Libra. Some people had trouble staying on topic, but it does give you a sense of what politicians think about cryptos, and how they might regulate it.

14:54 - Millenials are expected to inherit $68 trillion from the Baby Boomers. The Estate Planning industry will oversee the largest transfer of wealth in history.

19:02 - Gregory was asked his thoughts on some of the financial products you see advertised on TV. He explains some of what's really going on behind the scenes when someone offers to buy your annuity, structured settlement, or life insurance policy.

23:18 - Gregory gives you the truth behind some of the bonuses and guarantees on annuities.

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Gregory answers questions from the comment cards at his last public speaking event.

02:09 - How do 401k distributions work?

05:34 - What you need to know about life insurance and fixed annuities.

08:48 - Eric in Mandeville asks Gregory what he should do about the stocks in his former employer's ESOP plan?

12:39 - Earl in St Rose: Should I pay off my mortgage early or invest that money?

Gregory answers more questions from the comment cards at his last public speaking event.

16:23 - What you need to know before you turn on Social Security.

18:17 - Before you invest in Real Estate, here's some things to think about.

25:18 - Chris in Biloxi has a 401k at his day job, and is thinking about doing a SEP at his self-employed side job.

28:22 - Gregory addresses the top 5 financial issues that worry Generation X.

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Gregory answers questions from the comment cards at his last public speaking event.

15:37 - What do you do with money at an old pension? Kenneth in Picayune asks Gregory's thoughts on what he should do with the money vested in a pension from a previous job.

Gregory answers more questions from the comment cards at his last public speaking event.

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