Your Retirement Elevated Podcast with Scott Dougan

Do you have a good sense of what documents you should keep on file throughout your life? We'll give you an overview on this episode of some of the important items you should tuck away. And be sure to check out the full list on our downloadable guide.

Show Notes & Info:

SECURE Act PDF: https://mcdn.podbean.com/mf/web/q49eyi/Podcast_PDF_-_What_Documents_Do_I_Need_To_Keep_On_File_-_Download.pdf

Podcast Site: https://listentoscott.com/

Retirement Classes: https://www.retirementelevated.com/courses/

Call: (913) 393-4724

The Chiefs are Super Bowl Champions! We celebrate that fact on this episode and also discuss one of the biggest news stories of late, the coronavirus pandemic. Although these events are extreme ends of the spectrum, we can learn some important financial lessons from both.

Show Notes & Info:

S&P Chart

Podcast Site: https://listentoscott.com/

Retirement Classes: https://www.retirementelevated.com/courses/

Call: (913) 393-4724

Respected financial author David McKnight joined Scott Dougan and the Elevated Retirement Group team for a recent event to learn about tax strategies that can lead you to the zero percent tax bracket in retirement. Scott recaps the event and details some of the strategies David talks about in his book, The Power of Zero.

Show Notes & Info:

SECURE Act PDF: https://mcdn.podbean.com/mf/web/yg7vqr/The_Secure_Act_-_ERG_-_Downloadable_Guide.pdf

Podcast Site: https://listentoscott.com/

Retirement Classes: https://www.retirementelevated.com/courses/

Call: (913) 393-4724

After it simmered in Congress for a year, the SECURE Act is now law. If you have a retirement account of any kind, or will one day inherit a retirement account, this will affect you...

Show Notes & Info:

SECURE Act PDF: https://mcdn.podbean.com/mf/web/yg7vqr/The_Secure_Act_-_ERG_-_Downloadable_Guide.pdf

Podcast Site: https://listentoscott.com/

Retirement Classes: https://www.retirementelevated.com/courses/

Call: (913) 393-4724

If you have money in a pre-tax account (think traditional IRA, 401(k), etc...), you will want to consider paying taxes on those funds now instead of later. With taxes indeed on sale, we'll give you some strategies to consider.

Show Notes & Info:

Podcast Site: https://listentoscott.com/

Retirement Classes: https://www.retirementelevated.com/courses/

Call: (913) 393-4724

Just like we did a year ago, Scott will give us a blow-by-blow account of the things we should be looking to do at the end of the year from a tax perspective.

2019 Tax Planning Checklist

Show Notes & Info:

Podcast Site: https://listentoscott.com/

Retirement Classes: https://www.retirementelevated.com/courses/

Call: (913) 393-4724

A lot of folks believe that politics have a dynamic and tremendous impact on their personal financial situations. Specifically, they'll often align their investment strategies with the prevailing political winds. But, as Scott tells us on today's show, that isn't very wise. You're making a big mistake if you mix investment decisions with politics and we'll tell you why on this episode.

Show Notes & Info:

Warren Buffett Video: https://www.youtube.com/watch?v=56R_tMGRq0M

Podcast Site: https://listentoscott.com/

Retirement Classes: https://www.retirementelevated.com/courses/

Call: (913) 393-4724

On today's show, we'll follow-up on an earlier conversation about the SECURE Act's impact on the Stretch IRA and talk about how the Senate's plan (RESA) spells even greater doom for IRA owners with large balances. If you have a lot saved in an IRA and might pass it to a non-spouse beneficiary one day, this conversation better be on your radar.

Show Notes & Info:

Episode 21: https://yourretirementelevated.podbean.com/e/how-the-secure-act-might-impact-your-financial-plan/

Article: https://401kspecialistmag.com/will-secure-act-be-the-end-of-stretch-iras/

Podcast Site: https://listentoscott.com/

Retirement Classes: https://www.retirementelevated.com/courses/

Call: (913) 393-4724

How do the ultra-wealthy get away with paying fewer taxes than everyone else? Many people believe it’s because they use complicated, or questionable tax practices. But that’s not necessarily the case. In fact, many of the strategies the ultra-wealthy use to save a small fortune in taxes are also available to you. You just don’t know they exist, or you’re simply not taking advantage of them. On today's show, we'll cover 5 strategies that could potentially help you save a small fortune in taxes.

Show Notes & Info:

Podcast Site: https://listentoscott.com/

Retirement Classes: https://www.retirementelevated.com/courses/

Call: (913) 393-4724

Taxes are very likely to increase in the future and failing to plan accordingly may have painful financial consequences. That said, not everybody should alter their plans, but some should. Like most financial matters, this is a very nuanced subject. There are very few absolutes or hard-and-fast rules here. Listen to today’s show to find out if you should make some changes in your plan to take advantage of likely higher taxes in the future.

Show Notes & Info:

Podcast Site: https://listentoscott.com/

Retirement Classes: https://www.retirementelevated.com/courses/

Call: (913) 393-4724