Your Money, Your Wealth

Nationally recognized mutual fund, index investing and asset allocation authority Paul Merriman gives us the truth on market timing versus buy and hold - and he explains why he still does both. Plus, answers to your questions on collecting Social Security and a pension, non-deductible, Roth and SEP IRA rollovers, Backdoor Roth conversions, and are there financial perks to getting married before the end of the year? Transcript and show notes at http://bit.ly/YMYW-169

Dr. Wade Pfau of RetirementResearcher.com returns to Your Money, Your Wealth® to share some incredible reverse mortgage strategies that can supercharge your retirement when executed correctly. He also updates us on the new rules for reverse mortgages, explains why they have traditionally gotten such bad press, and how they've changed. Transcript and show notes at http://bit.ly/YMYW-168

The financial lifeguard Christine Luken talks about her new program, Financial Dignity After Divorce, which will be especially useful if you make any of these 14 money mistakes during a divorce. Plus, how much the average couple will spend on healthcare costs in retirement, and with all this market volatility, is your 401(k) safe? And the fellas answer questions about buying a house with cash vs investing in a mutual fund, and paying into Social Security after you quit working so you can max out your benefit. Transcript and show notes at http://bit.ly/YMYW-167

Philip Taylor, AKA PT of PTMoney.com, shares the method he used to reach financial independence as he transitioned from CPA to financial media mogul as the creator of the annual FinCon conference for financial media creators. Plus, 5 ways to turn retirement savings into income, how a big lottery win might affect your Social Security benefits, and if you dollar cost average into Bitcoin to buy winter parkas, how is that actually taxed? Transcript and show notes at http://bit.ly/YMYW_166

Nick Loper of Side Hustle Nation shares just a few of the 250 ways he's found that everyone from millennials to baby boomers can make more money and trim expenses in this new era of creative entrepreneurship and freelance work, from shuttling booze to making some bread teaching people to make bread. Plus, Joe and Big Al do the math for a listener who wants to know if they need to curtail some of their spending as they plan for retirement. Transcript and show notes at http://bit.ly/YMYW_165

Michael from FinanciallyAlert.com reached Financial Independence / Retire Early, or FIRE, at age 36. He shares his inspiring success story of how being financially alert allowed him to transition from small business entrepreneur to stay-at-home Dad and FIRE blogger with a growing net worth of over $2M - and how he can coach you to FIRE too. Plus, market volatility is back, but Chuck Norris laughs in the face of market dips - and Brian Perry, CFP® has the Q1 market update. It's tax season and you might not get audited, but watch out for those penalties. And just how much should you have in Roth, tax deferred and taxable accounts at retirement? Show notes and transcript at http://bit.ly/YMYW-164

Joel Larsgaard from the Pour Not Poor podcast (now called the How to Money Podcast) talks about drinking beer and simplifying your life to save money that you can put towards buying rental real estate. And, some things to drink about - er, think about - before you commit to that investment property. Plus, the best places to invest in commercial real estate, why early retirement might kill you, and Joe reminisces about his experience at a foam party in Mazatlan. Show notes and transcript at http://bit.ly/YMYW-163

Jamila Souffrant from JourneyToLaunch.com explains how she can save $85,000 every year, and how you can save and invest more money too. Plus, Financial Planning Tips for Young Investors and the merits of buying company stock. And interest rates are on the rise - what does that mean for your bond portfolio? Show notes and transcript: http://bit.ly/YMYW-162

Robert Farrington from TheCollegeInvestor.com has a goal of helping people eliminate a million bucks in student loan debt in the Month of March. Join the movement, ditch your debt and win prizes! Plus, Americans have reached record-breaking net worth - but which Americans? And, 4 ways you might be attracting a tax audit without knowing it. Show notes and transcript: http://bit.ly/YMYW-161

Fritz Gilbert from TheRetirementManifesto.com shares his 10 Commandments for Retirement - well actually it's 11, but that extra one is important! Plus, Big Al has 10 ways to pay less in taxes this year, and in future years. And Trump's steel and aluminum tariffs have set off more market moves, but could they also jack up the price of a Jack and Coke? Show notes and transcript: http://bit.ly/YMYW-160