Today’s Smart Money Question:
(Click the featured times below to jump forward in the episode)
Here Are Just A Handful Of Things You’ll Learn:
Retirement planning takes many shapes and paths but understanding how taxes impact your portfolio will help determine how ready you actually are.
The recent signing of the Taxpayer First Act by President Trump caught Matt Hausman’s attention. It’s a bill that hasn’t received a lot of national press but should be. It also points to the bigger picture in retirement planning. Taxes play a major part into your retirement portfolio and it’s one piece to the planning process when you ask your advisor, ‘Am I going to be okay in retirement?’
That question and a couple others are answered on today’s episode of Smart Money Questions. One listener asks about oil investing and whether it’s as good of an idea as he feels it is. The other wonders if he should be taking the recent 401(k) gains we’ve enjoyed and minimize some of his risk.
Matt goes into detailed answers for each of those and also shares some of the common questions he gets about preparing for retirement. Use these to have a conversation with your advisor to understand your path and what’s best for you.
Check out today’s podcast for all of that or click the timestamps below to skip ahead to a specific topic in the show.
0:26 – Matt discovers goat yoga.
3:30 – On July 1, the Taxpayer First Act was signed. How did we get here?
4:09 – What the act does for you?
5:18 – No one is talking about this but it’s huge.
5:45 – Listener question: Just heard a presentation on oil well investing and I’m ready to jump right in. I want to make sure I’m not making a mistake.
8:10 – Client question: Am I going to be okay when I retire in seven years?
10:18 – The other common questions we get when someone is preparing for retirement.
13:53 – Why keeping up on tax laws is so important for investing.
15:10 – Listener question: I’ve enjoyed growth in my 401(k) but get the feeling I should capture my gains and take some risk of the table. What do you think?
Additional Podcast Episodes:
- Unasked Questions About the STRETCH IRA
- SECURE Act and Gifting vs Inheriting
- What’s the Value of An Advisor?
Do You Have A Smart Money Question?
Ask Matt your smart money question. Click here.
More From Matt:
The host: Matt Hausman – Contact – Resources – Call: 610-719-3003
