We've all been waiting for 2020 to make its exit so we can usher in 2021. It's finally happened, bringing with it renewed hope, optimism, and opportunities. In this episode, we'll share 3 financial steps you should take in the first 90 days of 2021, what has us excited for the year to come, and opportunities that will likely present themselves.

It's All About the $Money, Honey!

Episode 27: New Year, New Opportunities

In this very special episode of It's All About the $Money, Honey!, we interview two of the most influential business and thought leaders today - Charles Payne and George Ross. Mr. Payne is the host of Making Money With Charles Payne for Fox Business and is a well-known investment and financial professional and commentator. Mr. Ross is best known as one of the lead advisors on the hit reality show, The Apprentice and served as President Donald Trump's personal coach for more than 40 years. Both gentlemen took time to share their accumulated years of wisdom, experience, and mistakes.

Episode 26: Two Interviews You Need To Hear

Long-time listeners of our show are accustomed to hearing us say "The time to protect yourself is when the sun is shining." This means the time to think about protecting a portion of your money is when the market is up and the future outlook is positive. With the market at all-time highs, that's where we find ourselves this last week of 2020. In this episode, we share what protection is and is not, why now is a great time to protect some of your money, and how protection impacts your overall income plan.

Episode 25: Protect Yourself While The Sun Is Shining

With just a few weeks left in 2020, time is running out on some of the strategies you have for lowering your tax bill for this year. As we like to say, the Tax Code taketh and giveth, so let's examine how to build your Tax Fortress – that monument to tax efficiency and only paying what you must. In this episode, we share simple steps you can take now to lower taxes on your investment accounts, how to take advantage of lower tax rates we are enjoying right now, and two key tax traps you need to know so you can try to avoid them.

Episode 24: Building Your Tax Fortress

The holiday season marches on and Christmas is just a few weeks away. Of course, the children of the world are excited about the arrival of Santa Claus. From an early age, we learn than there are two lists Santa uses in determining who gets what – the Nice list and the Naughty list. With a new year on the way, we wondered, will 2021 be Naughty or Nice? In this episode, we share economic perspectives from one of our top high net worth strategists, market commentary from our good friend Charles Payne with Fox Business, and how you should be positioning yourself now to withstand anything 2021 might throw at you.

Episode 23: Will 2021 Be Naughty or Nice?

Thanksgiving is almost here, which, for many of you means food, family, football, and….finances? It turns out Thanksgiving can teach us a lot about money. There are many traditions we observe and experiences we have at Thanksgiving that can apply to how you build your retirement plan. In this episode, we’ll share our favorite recipes for creating income and reducing taxes, the perfect Black Friday plan for your retirement, and how to avoid napping on the stock market.

Don't Nap On Your Retirement

If ever there was a year to take it easy, play it safe, and just wait until next year, 2020 has been it. However, opportunities abound, even in the year of COVID-19. Those who charge ahead at warp speed in the face of adversity are those that will succeed. In this episode, we discuss what a vaccine might mean for your financial decision making, how to stay focused on positivity, and how we've pivoted to serve clients no matter what.

Operation Warp Speed

Now that the Presidential election is behind us, we can turn our attention to other matters. As uncertain as the future seems, life does go on. However, there are some key issues we continue to monitor that could have implications for your retirement plan in 2021 and beyond. In this episode, we'll share expectations for the market and economy in 2021, consider whether or not Social Security and Medicare are in trouble, and discuss the outlook for inflation and interest rates.

Life After The Election

It's Halloween and while you might be too old to go trick-or-treating, you probably still enjoy curling up on the couch to watch a classic scary monster movie. While those monsters aren't realy, the monsters in your retirement plan are. In this episode, we confront the force that will bleed you dry like Dracula, why you probably have a Frankenstein financial plan, how your plan may have split personality disorder like Jekyll and Hyde, and why you might have a Mummy retirement plan with great wrappings, but no guts.

The Monsters In Your Retirement Plan

The last quarter of each year is extremely important when it comes to your financial future. It would be hard enough if these deadlines and decisions were about just one or two issues. However, there are multiple deadlines you need to know to take advantage of and maximize certain retirement planning benefits. In this episode, we share why October is one of the best months for re-evaluating your CDs, key retirement plan deadlines coming up at the end of December, changes coming to Social Security in 2021 that were just announced, and the key Medicare choices you have only a short window of time to make.

Year End Deadlines Are Approaching

Whether you are retired now or will be retired in the next 10 years, hiring a financial advisor can literally add 2%-3% to your portfolio growth over time. This is because an advisor can help you clarify your goals, stay committed to a plan, and stay disciplined. However, not everyone calling themselves a financial advisor is the same. You need to know what to look for to get the advisor advantage. In this episode, we share what you should look for in an advisor, how your advisor can add true value, the things your advisor should do that go beyond investments, and the one thing your advisor can do to protect you from making poor investment decisions.

The Advisor Advantage

Fall is definitely here. The mornings are cool and crisp, the afternoons are gorgeous. It's the time of year when we think of harvesting, corn mazes, carving pumpkins, and Thanksgiving. This got us to thinking, what can Fall teach us about retirement? In this episode, we'll examine how to "harvest" income and losses from your portfolio, how to navigate the retirement "maze", how to "carve" out cash for special purposes, and the decisions you make now that you'll give "thanks" for in the future.

Falling Into Retirement

New Year's Resolutions are for suckers. That's why only 12% of them ever get accomplished. Your goals shouldn't be based on an arbitrary time limit set by people wanting to sell you stuff. They should be based on your long-term passions and desires and they should be worked on all the time. This is true for retirement goals as well. In this episode, we share two things you should do when setting your goals, targeting the retirement number that REALLY matters, planning your tax reduction moves, and the taboo, off-limits rule you should totally break.

Retirement Goals For 2021 And Beyond

Most of the time, your relationship with money is pretty simple. You invest, your money grows. You pay taxes, you participate in Social Security and Medicare later. However, sometimes, money is just plain weird. There are many situations you'll encounter that seem wrong or counter intuitive. Perhaps there are certain financial truths you've come to accept, but you've never known exactly WHY. In this episode, we explore why bond prices move opposite of interest rates, why inflation can actually be a good thing, when good news is bad and bad news is good, and unreasonable expectations we place on the market we'd never want placed on ourselves.

The Funky Side Of Money

When you think about the most important parts of your financial plan, insurance likely doesn't rise to the top of the list. In fact, most people think of insurance as a boring necessary evil at best, or a waste of money at worst. However, life is full of potentially expensive risks and insurance plays one of the most vital roles for your money - protecting it! In this episode, we examine the versatility insurance displays by protecting you from losing money in a market crash, protecting your health, protecting you against other people, and protect your ability to leave a tax-free legacy.

Saving Money Is Never Boring!

It's the show where fun meets finance. Join The Financial Diva, Victoria Woods, and the King of Finance, Damon King, each week for tips on how to Rock Your Retirement!

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It's All About the $Money, Honey!

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