35% of Millionaires feel they don’t have enough for retirement!
Release Date: 03/07/2023
Hey Small Businesses, Did your Tax Bill SHOCK You?
Jake Of All Trades
Unfortunately, many small businesses with surprised on April 18th, Tax Day, when they discovered some hefty additional taxes. For 2022, it may be too late to alter your taxes (though you should speak to a tax professional to make certain). However, these tax changes can affect you for 2023. You should be taking steps to reduce your tax burden during the year. On this episode Jake and Kirk discuss some of these steps you can take and plans you can make for 2023. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and...
info_outline
5 Steps to Take in a Banking Crisis
Jake Of All Trades
Jake and Kirk discuss the banking crisis and give 5 specific steps to consider amidst this particular crisis and other potential ones in the future. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have questions about managing your financial lifestyle? Email [email protected] and Jake Rivas may read your questions on the show! Follow Jake on Twitter and Facebook @jakestwocents Securities and advisory services offered through Commonwealth...
info_outline
Life Insurance through work?
Jake Of All Trades
How can you know if the life insurance through your work is sufficient for your needs? On this episode Jake and Kirk discuss ways to think through what is a proper life insurance for you. This of course differs for everyone. But there are helpful principles. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have questions about managing your financial lifestyle? Email [email protected] and Jake Rivas may read your questions on the show!...
info_outline
Should I Opt out of my Pension to Pay for Rising Cost of Living
Jake Of All Trades
With cost of living expenses rises and incomes not necessarily meeting those costs, people are having difficult conversations about their finances. One question financial advisors get during times like this is about opting out of one’s pension plan in order to meet the rising costs. On this episode Jake and Kirk discuss this issue and what can be done. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have questions about managing your financial...
info_outline
Guest Interview: Yuri Elkaim--Health, Business and Finances
Jake Of All Trades
On this episode Jake and Kirk talk to , a best selling author and business coach. Yuri was a professional soccer player who became a bestselling author by simplifying the complexities of health choices. We discuss his unique journey as well as his methods for business and financial success.
info_outline
The Team You Need To Buy The House You Want
Jake Of All Trades
The housing market is changing and so did Kirk’s perspective on homeownership. On previous shows Kirk discussed his reasons for not buying a house. Despite the rise in interest rates, he was able to buy a home. On this episode Jake and Kirk discuss the ins and outs of the homebuying process as well as who was on the team to help Kirk accomplish this. Special Shout out to Kirk's Team: *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have...
info_outline
These Five Retirement Plans Often Fall Apart!
Jake Of All Trades
There are 5 big mistakes that retirees make that can easily derail their plans. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have questions about managing your financial lifestyle? Email [email protected] and Jake Rivas may read your questions on the show! Follow Jake on Twitter and Facebook @jakestwocents Securities and advisory services offered through Commonwealth Financial Network, Member FINRA/SIPC, a Registered Investment Adviser....
info_outline
Are we in a Banking Crisis?
Jake Of All Trades
With the failure of Silicon Valley Bank (SVB) and Signature Bank, many people are preparing for the worst. On this episode Jake and Kirk discuss exactly what occurred on March 10th, and since then. They break down this particular crisis as well as explain how this effects your wallet. -- *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have questions about managing your financial lifestyle? Email [email protected] and Jake Rivas may read your...
info_outline
Risk Tolerance Tools Are insufficient!
Jake Of All Trades
Risk Tolerance Tools Are insufficient! When attempting to figure out your risk tolerance towards financial investments, the generic tools and calculators and quizzes available, while helpful, are not enough. In order to really understand your risk tolerance you need this one critical thing. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have questions about managing your financial lifestyle? Email [email protected] and Jake Rivas may read your...
info_outline
Emergency Savings Changes in Secure Act 2.0
Jake Of All Trades
This act is the largest retirement reform in the history of America. Here we dig into a newly implemented rule to your 401k savings. “Most people won’t save money unless their employer somehow does it for them in the form of a payroll deduction.” - Suze Orman. This viewpoint from financial planners is what has led to a small but very significant change to how your 401ks will now work. *“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.” Have questions...
info_outlineOn this episode Jake and Kirk discuss one of the most basic retirement planning “rules of thumb,” The 4% rule. Is it time to change that rule?
*“Tax preparation, planning, IRS representation, and business valuation services offered through iFile Tax Planning and Preparation Services are separate and unrelated to Commonwealth.”
Have questions about managing your financial lifestyle? Email [email protected] and Jake Rivas may read your questions on the show!
Follow Jake on Twitter and Facebook @jakestwocents
Securities and advisory services offered through Commonwealth Financial Network, Member FINRA/SIPC, a Registered Investment Adviser. Fixed insurance products and services offered through CES Insurance Agency.
Actual performance and results will vary. These interviews do not constitute a recommendation as to the suitability of any investment for any person or persons having circumstances similar to those portrayed. Consult a Financial Advisor regarding your specific circumstances. I*financial is located at 1901 NW Military Hwy. STE. 102. San Antonio, TX 78213. Phone number 210-342-4346