New Focus on Wealth with Chad Burton

Navigating the complexities of financial planning and wealth management is tough. Chad Burton, CPF ® makes it easy for you by breaking down the latest news and the important topics every wealthy person needs to know in 2020 and beyond. These are dynamic times and that makes it the perfect time for a new focus on wealth!

The Wealth-Health Connection 04/18/2024

The Wealth-Health Connection This podcast episode focuses on various financial topics, including market updates, investment strategies, and insurance considerations. The host, Chad Burton, discusses the recent market trends, highlighting the performance of different indexes and individual stocks like NVIDIA, Apple, and Tesla. He emphasizes the importance of diversification in investment portfolios, especially in light of the concentrated nature of the current market, with a significant portion of the S&P 500 being tech or communication services companies. Additionally, Chad provides insights into mutual funds and ETFs, explaining the differences between the two and the factors to consider when choosing between them. He also delves into the importance of health and wellness in retirement planning, stressing the significance of maintaining good health to enjoy wealth in later years. Furthermore, the episode delves into the intricacies of life insurance and the considerations individuals should make when evaluating their policies. Chad discusses the significance of term life insurance and the concept of "buy term and invest the difference" as a strategy for financial planning. He also provides valuable insights on managing old cash value life insurance policies, including options like 1035 exchanges and transitioning to more suitable policies based on current needs. Moreover, the importance of staying hydrated and maintaining overall health was highlighted, with Chad offering practical tips on water intake, exercise routines, and lifestyle choices to ensure a healthy and fulfilling retirement. The episode underscores the holistic approach to financial planning, integrating wealth management strategies with health and wellness considerations for a well-rounded and prosperous future. Timestamps: [00:02:28] Tesla's range anxiety and complaints. [00:05:09] Bonds and interest rates discussion. [00:09:04] S&P 500 PE Ratio. [00:13:04] Actively managed vs. passive investing. [00:16:21] Active vs. Passive Fund Management. [00:19:37] Life insurance and investments. [00:23:41] The importance of full physicals. [00:26:30] Options for old life insurance. [00:31:16] Importance of health. [00:33:29] Importance of staying hydrated. [00:36:16] Importance of weight training. Email your money question to Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit /episode/index/show/chadburton/id/30885228

Balancing Wealth & Health: Financial Planning & Wellness Tips 04/11/2024

Smart Tax Moves: 1031 Exchanges, DSTs & Charitable Remainder Trusts 04/04/2024

Managing Insurance Costs & Exploring the World of Timeshares 03/21/2024

Managing Insurance Costs & Exploring the World of Timeshares The podcast episode discusses various financial topics, including the current market trends, the impact of interest rates on different sectors, and the challenges faced by the insurance industry. The host, Chad Burton, shares insights on the performance of different investment options like stocks, bonds, and real estate investment trusts. He also delved into the complexities of helping children buy homes and the pitfalls of owning a timeshare. The episode provides valuable information on selling a timeshare, navigating insurance rate increases, and making informed financial decisions in various scenarios. Additionally, the episode highlightes the importance of understanding the hidden costs associated with homeownership, such as property taxes, maintenance, and insurance. Chad Burton emphasizes the need for thorough financial planning when assisting children with home purchases and cautioned against the risks of buying timeshares directly. The discussion also touches on the challenges faced by retirees in managing long-term care insurance, navigating insurance rate hikes, and making strategic decisions to optimize travel expenses. Overall, the episode offers practical advice on financial planning, investment strategies, and navigating the complexities of the current market landscape. Timestamps: [00:03:22] AI and productivity in finance. [00:06:29] ETF performance comparison. [00:08:35] REITs and Real Estate Investment Trusts. [00:14:42] Active management in investment. [00:17:23] Rising home insurance costs. [00:19:08] Insurance industry challenges. [00:23:30] Home fire risk and insurance. [00:26:46] Timeshares financial implications discussed. [00:31:08] Time share situation. [00:35:53] Timeshare scams. [00:37:17] Buying direct investment experiences. Email your money question to Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit /episode/index/show/chadburton/id/30486353

Retirement Planning, Tax Strategies & The New Law Regarding 529 Plans 03/18/2024

Stress Testing Your Financial Plan 03/08/2024

Financial Planning Is A Dynamic Process 03/01/2024

Recent Market Fluctuations & Savings Trends Across Different Generations 02/15/2024

Retirement Readiness, Active Vs Passive Investing & Sequence Of Returns Risk 02/15/2024

Retirement Readiness, Active Vs Passive Investing & Sequence Of Returns Risk Chad starts by discussing the upcoming event, "7 Steps for Retirement Readiness," which covers crucial aspects such as taxes, income, long-term care, safe money, investing, life goals, and health and wellness. He emphasizes the importance of this event in light of the challenges faced by investors in the current economic climate. Moving on, Chad delves into the world of investing, specifically focusing on the S&P 500, NASDAQ, and popular tech funds like XLK. He highlights the concentration of the S&P 500 in technology stocks and the need for diversification, especially as one approaches retirement and transitions from growth-focused investments to a more balanced portfolio. The discussion then shifts to the 4% rule, a guideline for determining retirement income. Chad explains that while the 4% rule is a useful starting point, it should not be blindly followed. He emphasizes the importance of having a comprehensive financial plan that considers factors like taxes, healthcare costs, and unexpected expenses. The episode also explores the active vs passive investing debate. Chad suggests that a combination of both approaches can be beneficial, with passive investing being more tax-efficient in taxable accounts and active management potentially outperforming in certain asset classes like small cap and international stocks. Lastly, Chad addresses the concept of sequence of returns risk, which refers to the impact of market fluctuations on retirement income. He emphasizes the need for a withdrawal strategy, diversification, and proper planning to mitigate the potential negative effects of market downturns. Overall, this episode of "New Focus on Wealth" provides valuable insights and practical advice for individuals seeking to enhance their retirement readiness, navigate the active vs passive investing landscape, and understand the risks associated with sequence of returns. Don't miss out on this informative and engaging discussion with Chad Burton, a seasoned financial planner. Timestamps: [00:01:35] Retirement challenges and inflation. [00:04:34] Concentration in investment portfolios. [00:10:05] The 4% rule. [00:14:55] Home maintenance and expenses. [00:17:57] The Suitcases Always Packed Pass. [00:22:34] Subscription management and savings. [00:26:02] Active Management in Other Asset Classes. [00:29:48] Trends in music industry. [00:31:47] Sequence Return Risk. [00:36:40] Long-term care and Medicaid planning. Email your money question to Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit /episode/index/show/chadburton/id/29972613

Ensure A Secure & Fulfilling Retirement 02/09/2024

Ensure A Secure & Fulfilling Retirement In this episode, Chad & Rob provides valuable insights and advice on preparing for retirement. From wealth accumulation to wealth management, Chad covers the essential steps to ensure a secure and fulfilling retirement. Here's a breakdown of what was discussed in this episode: Retirement Phases: Chad explains the two main phases of retirement - wealth accumulation (age 20-60) and wealth management (age 60-100). He emphasizes the importance of planning for each phase and adapting to changing circumstances. Five Years Out: Chad highlights the significance of dialing in your expenses and practicing retirement. He discusses the importance of finding purpose in retirement and managing financial freedom. Steps to Retirement Readiness: Chad previews the upcoming event, "Seven Steps for Retirement Readiness," where he will delve deeper into the essential steps for a successful retirement. Topics include expense management, withdrawal strategies, social security planning, and more. Healthcare Considerations: Chad advises on healthcare options for retirees, including COBRA, Covered California Plans, and Medicare. He emphasizes the need for careful tax planning and exploring premium tax credits. Rolling Over a 401k: Chad provides a step-by-step guide on rolling over a 401k into an IRA. He discusses the importance of choosing the right custodian, understanding pre-tax and Roth contributions, and handling company stock options. Annuities: Chad shares his insights on annuities, cautioning against the majority of annuity products in the market. He explains the importance of working with a fee-only advisor and considering alternatives like laddered bond portfolios. Consolidating Accounts: Chad discusses the benefits of consolidating retirement accounts into a single IRA. He explains how this simplifies management, allows for random withdrawals, and avoids blackout periods during 401k provider changes. Don't miss out on the valuable information shared in this episode! Join Chad Burton and Rob Black at the upcoming event, "Seven Steps for Retirement Readiness," where they will provide in-depth guidance on achieving a secure and fulfilling retirement. Sign up today at chadburton.com or robblackshow.com. Remember, retirement planning is a crucial aspect of your financial journey. Stay informed, make wise decisions, and secure your financial future with New Focus on Wealth. Timestamps: [00:01:02] Getting ready for retirement. [00:03:51] Planning for retirement expenses. [00:07:44] Spousal options and retirement. [00:11:39] Market highs and reduced risk. [00:15:08] Investing in value vs growth. [00:19:36-00:19:46] Giving notice and retirement plans. [00:23:23] Rolling options into annuities. [00:27:29-00:28:00] Annuities and life insurance policies. [00:32:34] After-tax dollars in 401k. [00:35:07] Rolling over retirement accounts. Email your money question to Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit /episode/index/show/chadburton/id/29875568

Retirement Planning, Market Updates & Financial Tips 02/08/2024

Retirement Planning, Market Updates & Financial Tips The episode kicks off with a market update, discussing the performance of different indexes and highlighting the impact of China's economy on emerging markets. Chad also explores the challenges faced by regional banks and the potential risks associated with commercial loans and real estate investments. Moving on to retirement planning, Chad emphasizes the importance of knowing your expenses and understanding how they may change throughout different stages of retirement. He provides valuable insights into the 4% rule, which helps determine if your portfolio can sustain your desired lifestyle in retirement. Chad also touches on the significance of balancing your financial goals with your personal fulfillment, including travel plans, hobbies, and volunteer work. Throughout the episode, Chad shares practical tips and strategies, such as leveraging pledged asset lines to avoid selling securities, maximizing credit card rewards for travel, and navigating the complexities of timeshares. He also highlights the benefits of working with a certified financial planner to create a comprehensive financial plan tailored to your specific needs and goals. Don't miss out on this engaging and informative episode that will empower you to make sound financial decisions, plan for retirement, and achieve long-term financial success. Tune in now to gain a new focus on personal finance, wealth management, and the economy. Timestamps: [00:02:18] China's impact on emerging markets. [00:06:32-00:06:43] Commercial real estate loans refinancing. [00:07:59] Flushed down the toilet. [00:11:41] Commercial properties and restructuring. [00:15:26] Small cap value investing. [00:19:33] Financial considerations when selling homes. [00:24:00] Borrowing against securities for real estate. [00:26:59] The rule of 4%. [00:31:39] Rough year for snow. [00:33:35] Increasing vacation budget. [00:36:26] Planning vacations on the fly. Email your money question to Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit /episode/index/show/chadburton/id/29861733

Retirement Readiness & Healthcare Costs 02/06/2024

Building A Retirement Portfolio & Proper Asset Allocation 02/05/2024

Retirement, Cognitive Health & The Gut-Brain Connection 02/02/2024

Retirement, Cognitive Health & The Gut-Brain Connection The episode kicks off with a discussion on the seven steps to retirement readiness. Chad emphasizes the need for a comprehensive financial plan that goes beyond just having enough savings. He highlights the importance of tax efficiencies, safe money allocation, and planning for long-term care costs. Listeners are encouraged to attend an upcoming event hosted by Chad, where he will delve deeper into these topics. Chad also delves into the concept of linear cash flow and its significance in retirement planning. He explains how to calculate the rate of return needed to ensure a comfortable retirement and stresses the importance of being conservative in projections. By using a rate of return just under 6%, Chad helps listeners assess the longevity of their retirement savings. The conversation then shifts to the challenges retirees face, including healthcare costs and the decision of when to take Social Security. Chad provides valuable insights on navigating Medicare, choosing supplemental insurance, and optimizing Social Security benefits based on individual circumstances. He also highlights the impact of tax planning on retirement income and the benefits of charitable gifting from IRAs. In addition to financial planning, Chad emphasizes the importance of prioritizing health in retirement. He shares his personal interest in longevity and discusses the emerging research on the gut-brain connection, exercise, and healthy lifestyle choices. Chad encourages listeners to invest in their health now to enjoy a fulfilling retirement. Timestamps: [00:02:10] Linear cash flow. [00:04:10] Rate of return in retirement. [00:08:37] Average market gains and losses. [00:14:33] CFP Chad Burton's outdoor adventures. [00:16:20] Order of stock market returns. [00:20:09] Medicare and supplemental insurance. [00:23:05] IRA charitable contributions. [00:29:36] Gut health and brain function. [00:30:51] Focusing on healthcare and wellness. Email your money question to Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit /episode/index/show/chadburton/id/29769123

Diversifying Company Stock, Strategies For 401k Rollovers & Impact Of Diet And Lifestyle On Inflammation 02/01/2024

Risks Associated With Concentrated Stock Positions & Importance Of Diversification 01/29/2024

Risks Associated With Concentrated Stock Positions & Importance Of Diversification In this episode of New Focus on Wealth, certified financial planner Chad Burton dives into the important topics of retirement readiness and managing concentrated stock positions. Chad begins by sharing his personal experience attending his father's retirement party and reflecting on the concept of retirement. He then introduces the upcoming event, "Seven Steps for Retirement Readiness," hosted by EP Wealth Advisors, where he will be discussing crucial aspects of retirement planning such as taxes, income, long-term care, safe money, investing, life goals, and health and wellness. The conversation shifts to the recent rally in the market sparked by the anticipation of rate cuts by the Federal Reserve. Chad explains the implications of rate cuts and the potential impact on the economy. He also discusses the inverted yield curve and its historical correlation with recessions. The discussion then delves into the importance of asset allocation, specifically the balance between growth and value investments. Chad emphasizes the need for diversification, especially as individuals approach retirement. He highlights the performance differences between growth and value ETFs and the significance of rebalancing one's portfolio. The episode also addresses the challenges of managing concentrated stock positions. Chad provides practical steps to mitigate risk, including selling vested RSUs, trimming ESPPs, and reviewing 401(k) investments. He emphasizes the need to diversify and reduce risk as retirement approaches. Furthermore, Chad explores the strategy of selling covered calls as a way to generate income and manage concentrated positions. He explains the concept of call options and how they can be used to hedge against potential losses or create income. He also clarifies common misconceptions about selling calls and the benefits of actively managing these positions. Overall, this episode of New Focus on Wealth offers valuable insights and practical advice for individuals preparing for retirement and managing concentrated stock positions. Listeners will gain a deeper understanding of retirement readiness and the importance of diversification in building a secure financial future. Timestamps: [00:03:08] Recent rally sparked by rate cuts. [00:06:06] Inverted yield curve and recession. [00:07:32] Rebalancing investment portfolios. [00:12:05] Tech wreck and higher interest rates. [00:18:08] Concentrated stock positions. [00:19:30] Concentrating on stock positions. [00:23:05] Mega Roth 401k option. [00:26:46] Retirement and wealth issues. [00:30:09] Selling covered calls. [00:33:28] Diversification through selling calls. Email your money question to Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit /episode/index/show/chadburton/id/29701048

The Recent Market Rally & The Potential Impact Of Interest Rate Cuts 01/18/2024

Upcoming Elections & Potential Changes in Taxes 01/10/2024

2023: A Year of Interest Rate Volatility / Financial Planning Tips for 2024 01/04/2024

2023: A Year of Interest Rate Volatility / Financial Planning Tips for 2024 In 2023, interest rates underwent significant fluctuations, starting with an inversion where the two-year U.S. Treasury paid more than the 10-year U.S. Treasury. However, as the year progressed, interest rates rallied. By year-end, the 10-year U.S. Treasury rate stood at approximately 3.88%, reaching a peak of 4% at one point. Meanwhile, the two-year treasury closed the year at 4.23%. This unprecedented volatility in interest rates had a profound impact on the market. The episode highlights the strong performance of the NASDAQ, with the QQQ ETF rallying by 54.85%. This indicates that the QQQ ETF, which tracks the NASDAQ's performance, achieved a total return of 54.85% in 2023. This remarkable increase surpassed other major indexes like the S&P 500. The NASDAQ's robust performance can be attributed to the recovery of tech stocks, which had experienced a decline in the previous year. Additionally, the S&P 500 delivered a total return of 26.19% in 2023, indicating a positive year, albeit not as strong as the NASDAQ. In 2023, growth stocks significantly outperformed value stocks. The NASDAQ, which heavily comprises growth stocks, achieved a total return of 54.85% for the year, while the S&P 500, consisting of a mix of growth and value stocks, achieved a total return of 26.19%. This highlights the strong performance of growth stocks in the market. However, it remains crucial to maintain a balanced portfolio that includes both growth and value stocks. While growth stocks may have outperformed in 2023, value stocks tend to exhibit more stability and provide consistent returns over the long term. Value stocks are often attractively priced and possess lower price-to-earnings ratios, making them more resilient during market volatility. By incorporating both growth and value stocks into a balanced portfolio, investors can benefit from the potential upside of growth stocks while enjoying the stability of value stocks. This approach helps mitigate risk and provides more consistent returns over the long term. Furthermore, diversifying the portfolio by including different asset classes, such as bonds and international stocks, can further enhance stability and performance. Spreading investments across various sectors and regions reduces the impact of any single investment or market segment on the overall portfolio. In summary, while growth stocks may have outperformed in 2023, it is essential to maintain a balanced portfolio that includes both growth and value stocks, along with other asset classes. This approach enables investors to achieve consistent returns and mitigate risk over the long term. Timestamps: [00:05:06] Wild ride in interest rates. [00:09:29] Endless travel for $2,500. [00:09:58] Value versus growth investing. Email your money question to Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit /episode/index/show/chadburton/id/29341723

Tax Loss Harvesting & Direct Indexing 12/22/2023

Understanding ETFs, Direct Indexing & Year-End Tax Moves 12/14/2023

The Future of Airline Miles: Devaluation or Opportunity? 12/06/2023

Dynamic Withdrawal Strategies, Charlie Munger's Legacy, HSA Accounts & Retirement Readiness 11/30/2023

Navigating Taxes, Investments & Health for a Secure Future 11/27/2023

Navigating Taxes, Investments & Health for a Secure Future In this podcast episode, the host, Chad Burton, discusses various topics related to personal finance, wealth management, and retirement readiness. Here are some key points covered in the episode: The stock market performance in 2023, with the NASDAQ up 46.5% and the S&P 500 up 19.85%. The impact of the Federal Reserve's interest rate cycle on market performance. The importance of balanced portfolios and volatility management in retirement planning. The use of AI technology, such as chat GPT-4, in changing the way people search for information online. The need for investors to be cautious about chasing high returns and to focus on long-term investment strategies. The expectation of future tax increases and the importance of utilizing Roth IRAs and Roth 401(k)s for tax-free growth. The potential challenges facing the Social Security system and the need for individuals to plan for retirement beyond relying solely on Social Security benefits. The impact of processed foods and microplastics on mental health and overall well-being. The benefits of focusing on health and exercise in retirement planning. Additionally, the host mentions a webinar on "Seven Steps for Retirement Readiness" that he and Rob Black will be conducting on December 7th. He encourages listeners to sign up for the webinar and provides information on how to do so. Timestamps: [00:01:34] Tech stocks and market cycles. [00:06:46] How well international developed has done. [00:08:01] Historically high interest rates. [00:11:38] Recession and earnings calls. [00:17:14] Taxation of Social Security. [00:19:05] Taxes and FICA Contribution. [00:24:12] Mega Roth 401k. [00:27:09] Tax-free growth in a Roth. [00:32:46] Mental health and processed foods. [00:34:24] Terrible effects of plastic water bottles. Email your money question to Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit /episode/index/show/chadburton/id/28809388

Market Updates & Strategies For Funding Charities During The Month Of Giving 11/17/2023

Market Updates & Strategies For Funding Charities During The Month Of Giving In this episode of the podcast "New Focus on Wealth," host Chad Burton, a certified financial planner, discusses various topics related to personal finance, wealth management, and the economy. The episode begins with a disclaimer that the views and opinions expressed are not necessarily those of the radio station or its sponsors, and should not be taken as legal, tax, or investment advice. Listeners are encouraged to consult with an appropriate advisor before making any financial decisions. Chad Burton starts by introducing himself as a certified financial planner and invites listeners to send in their money-related questions. He mentions that the episode will cover the current state of the market, IRA to Roth conversions, and strategies for funding charities during the month of giving. The discussion on the market begins with an overview of the S&P 500 and its tech-heavy composition. Chad explains that the market has experienced a rally in recent weeks due to the Federal Reserve signaling a pause in interest rate hikes. He emphasizes the importance of not trying to time the market and highlights the need for a long-term perspective when investing. The conversation then shifts to IRA to Roth conversions, which are particularly relevant for retirees. Chad explains that November is an ideal time for year-end planning, as individuals have a good idea of their tax situation for the year. He emphasizes the benefits of Roth conversions in retirement planning, such as maximizing tax savings and creating a tax-free growth account. However, he cautions that careful analysis and consultation with a financial planner and tax advisor are necessary to navigate potential pitfalls, such as the impact on premium tax credits and Medicare premiums. Lastly, Chad discusses strategies for funding charities during the month of giving. He encourages listeners to consider their tax brackets and the potential benefits of donating appreciated assets, such as stocks or real estate, to minimize taxes and maximize charitable impact. Overall, this episode provides valuable insights into the current market conditions, retirement planning strategies, and charitable giving considerations. Chad Burton's expertise as a certified financial planner shines through as he offers practical advice and encourages listeners to take a long-term perspective in their financial decisions. Timestamps: [00:01:19] Retirement readiness and planning. [00:04:14] The impact of rising interest rates. [00:09:36] The broad market performance. [00:12:28] Bond market rally and rates. [00:16:37] Real estate investment trusts. [00:20:05] REITs and Small Caps Performance. [00:23:16] IRA to Roth conversions [00:35:00] Roth IRA conversions and taxes. [00:38:09] Capital gains tax brackets. [00:44:06] Moving money from an IRA to a Roth. [00:45:52] Charitable giving strategies. [00:49:48] Donor advised funds. [00:52:26] Qualified charitable distribution. Email your money question to Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit /episode/index/show/chadburton/id/28693293

The Performance Of Different Asset Classes & The Appropriate Use Of Life Insurance In Financial Planning 11/03/2023

The Performance Of Different Asset Classes & The Appropriate Use Of Life Insurance In Financial Planning In this episode of the podcast, certified financial planner Chad Burton provides insights and analysis on various financial topics. The episode begins with a discussion on the current state of the market, focusing on the S&P 500 and NASDAQ indexes. Burton explains the composition of these indexes and highlights the dominance of tech stocks in their performance. He also emphasizes the importance of diversification in building portfolios and cautions against solely relying on large-cap growth stocks. Burton then delves into the performance of different asset classes, including emerging markets, international developed markets, small-cap and mid-cap stocks, and real estate. He compares their returns for the year and provides context by examining their performance since January 2022. He notes that while large-cap growth stocks have seen significant gains this year, other asset classes are still down from their January 2022 levels, presenting potential opportunities for investors. The discussion shifts to fixed income investments, particularly bonds. Burton highlights the attractive yields currently available in the bond market and suggests considering options such as corporate bond ladders and treasury ladders. He explains how these strategies can provide consistent cash flow and potential capital appreciation if interest rates decline in the future. In the latter part of the episode, Burton addresses the topic of life insurance. He clarifies his stance on life insurance, stating that he supports its use when appropriate, such as for protecting families, funding buy-sell agreements, and addressing estate planning needs. However, he cautions against using life insurance as a blanket investment and emphasizes the importance of prioritizing other retirement savings options, such as maxing out 401(k) contributions and Roth IRAs, before considering cash value life insurance policies. Burton concludes the episode by providing a formula for determining life insurance coverage based on income, number of children, and outstanding debts. He also discusses specific scenarios where life insurance can be beneficial, such as second marriages, key person insurance for businesses, and estate tax planning. Overall, this episode offers valuable insights into the current market conditions, the performance of different asset classes, and the appropriate use of life insurance in financial planning. Chad Burton's expertise as a certified financial planner shines through as he provides practical advice and guidance for listeners. Timestamps: [00:01:15] S&P 500 and NASDAQ components. [00:04:09] Asset class performance [00:07:26] Tech stocks performance. [00:12:31] Small cap value opportunities. [00:15:21] REITs and their decline. [00:19:18] Earnings growth in the S&P 500. [00:23:11] Bonds creating stock market competition. [00:27:48] The stock market and bonds. [00:30:42] Buy term and invest. [00:35:40] Long-term care insurance tax. [00:39:08] Estate tax and life insurance. [00:41:12] The downsides of life insurance. Email your money question to Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit /episode/index/show/chadburton/id/28510466

The Importance Of Seeking Unbiased Advice From A Certified Financial Planner Practitioner 10/25/2023

The Importance Of Seeking Unbiased Advice From A Certified Financial Planner Practitioner In this episode, Chad & Rob dive into the seven tests for retirement readiness, providing valuable insights and advice to help you make sense of your money matters. With over 28 years of experience in finance and investing, Chad draws from his expertise to guide you through the intricacies of retirement planning. But before delving into the tests, Chad emphasizes the importance of seeking unbiased advice from a certified financial planner practitioner, rather than relying on financial advisors who may be more focused on selling products than providing comprehensive planning. He also highlights the need to have a clear understanding of your expenses, including non-discretionary and discretionary costs, as well as healthcare expenses and potential future expenses such as grandkids' gifts, home maintenance, and vacations. Chad stresses the significance of considering your tax situation and the potential impact of market corrections on your portfolio. He also touches on the importance of long-term care planning and the various options available, such as long-term care insurance, hybrid life insurance policies, and Medicaid planning. Throughout the episode, Chad emphasizes the need for a well-rounded financial plan that takes into account risk tolerance, tax planning, safe money allocation, and the potential impact of market fluctuations. Don't miss this informative episode that will help you assess your retirement readiness and make informed financial decisions. Timestamps: 00:02:04 Prepare for retirement with unbiased advice. 00:06:26 Retirement planning requires careful consideration. 00:14:23 Plan for longer retirement years. 00:15:16 Eating healthy is important. 00:21:10 Long-term care planning is crucial. 00:27:07 Long-term care insurance reduces stress. 00:30:01 Adjust portfolio for retirement success. 00:35:29 Financial planning event this Saturday. Email your money question to Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit /episode/index/show/chadburton/id/28412312

Different Phases Of Retirement & Financial Considerations That Come With Each Stage 10/24/2023

Prioritize Health In Retirement To Ensure A Fulfilling & Enjoyable Experience 10/23/2023

Gifting To Family & Charity For Year-end Tax Planning 10/10/2023

New Focus on Wealth with Chad Burton

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