Your Money with David Hays

Are you thinking about moving? This week David will be discussing real estate capital gains, and options to potentially avoid or delay capital gains. Last week David ran short on time for his mid-year financial discussion.

He will discuss savings, beneficiaries and spending habits - and how to review and modify those habits based on needs and goals. All this, plus looking at five common mistakes when converting a Roth IRA - and how you can avoid them.

It's a step in the (potentially) right direction. This week the House passed legislation to make daylight saving-time permeant. What does that mean for Hoosiers, and the rest of the country? David will share thoughts on the impact - and upcoming conversations with state elected officials.

Also, is the Australian system of retirement something the US should consider? David will discuss how Australia's retirement program works, and why it may be something to consider as Social Security continues to be challenged for Americans - especially those not yet retired.

Plus - are your beneficiaries in good order? Have you looked at your income and tax situation? David will dive into the different ways people look at financial planning, and why it's important to see the big picture in things.

All this, plus Rod Holloway from CFCI with a market update.

Have you ever heard of the five-year rule, as it relates to Roth IRAs? This week David will discuss why Roth IRA owners need to pay attention to this rule when taking distributions and how converted funds relate to the guideline. 

June was Annuity Awareness Month, and there was some discussion on the investment product in the June 18th episode. This week David takes a deep dive into the various types of annuities and what potential investors should consider. 

Plus the new Trump accounts went live on July 4 - so what's happened since the first day? David will give the latest... but much more in the show this week! 

David is back in the studio this week, as the second-half of 2026 kicks off.

Rod Holloway from CFCI will be calling in to provide a market update, as well as discuss jobs, inflation and more.

July 4 isn't just Independence Day - it's the start of the new Trump Accounts, with opportunities for saving for children. David will give specifics on the plan, as well as compare the program to Roth IRAs, 529 college savings plans, UGMAs (Uniform Gifts to Minors Act) and UTMAs (Uniform Transfers to Minors Act).

Plus, when thinking about estate planning, what assets should you consider leaving to people and what should go to charity? And what if you want to make a gift while you're alive? David will have details on ways to potentially maximize the impact when gifting money. 

Doug Hughes and Jim Inman are in the studio again this week, continuing last week's conversation on financial matters for 30-to-50 year-olds.

Doug and Jim will also highlight an important topic - cybersecurity - and how people can protect themselves from hackers.

Summer is here - and people are grabbing books as they head for vacations or evenings on the patio. The guys will have some suggestions of books to check out... plus, Doug and Jim will share questions that every financial advisor likes to hear! 

David is traveling this week and next, so Doug Hughes and Jim Inman are taking over the microphones for the next two shows.

This week Doug and Jim will take a look at Space X Initial Public Offering (IPO) and why it's so newsworthy. They will also share what the differences are between a million, a billion and a trillion (bring a roll of pennies with you when listening).

Also, June is National Annuity Awareness Month, and Doug will talk about the different types of annuities, why they fit for some investors, common misconceptions about annuities and more.

Plus - if you're 30-50 years old, you may sometimes wonder "Is all this financial talk really important to me?" The answer is a strong "Yes," and Jim and Doug will offer a variety of reasons and considerations people under the age of 50 need to think about when planning for the future. 

It was announced this week that the already-expected Social Security shortfall has crept up - now to late 2032. The Wall Street Journal reported this week that "unless Congress shores up the retirement program, the depletion of reserves would trigger a 22% reduction in benefits in late 2032." David will be discussing what this means for retirees and future retirees and what Congress needs to do to fix the situation.

Also this week - as the Great Wealth Transfer begins (with Baby Boomers passing along their assets to children and grandchildren), many families are starting the gifting process ahead of schedule. David will discuss gift taxes and how to to properly manage the process.

Plus - last week's jobs reported the economy added 172,000 jobs in May - more than double what economists had expected. What does that mean for the "big picture?" 

This week is the Question-and-Answer Show! David and Jim Inman bring a variety of questions to the airwaves, including:

• How to roll over a portion of an IRA to a Health Savings Account (HSA)
• Is paying off a mortgage before retirement a smart move?
• How are estates taxes in Indiana?
• Should retirees still own stocks?

Remember you can always submit a question through our website, and we will respond within two business days. We may also use your question on a future Q&A Show (and we change the names, so don't worry there).

This week David welcomes back Rod Holloway with a market update, discussion on new Federal Reserve Chair Kevin Warsh and what's going on with jobs and inflation. 

David also returns to a big topic - Social Security. What may be the difference between calling the Social Security Administration versus expecting something to happen automatically? There can be a lot - and David will explain more in detail.

Plus building a retirement income plan and the art of spending money... and next week, the Q&A Show! 

David takes a look at international investing this week on the radio show. It's a global economy today, and what happens in other countries impacts Americans - and vice versa. David will look at what's been happening in Europe in recent history, including currency values, and how it all can impact investment returns.

Gold is always a big topic, and David will share some insights gained from a recent report from an investment firm. Plus the new chair of the Federal Reserve, Kevin Warsh, has his hands full as he takes on his new role.

Also, David will talk about AI and retirement planning - and while it may have some benefits, AI doesn't have compassion, knowledge and real-life experience to consider.