Thursday Apr 15, 2021
What You Need to Know About Continuing Care Retirement Communities
Your Money & Your Life Podcast
Financial and retirement planning guidance from Certified Financial Planner Donald Cash in Red Bank, NJ. Truly understanding what's happening inside your portfolio is so important to achieving retirement success. The planning process can be difficult if you tackle it alone, so make sure to listen to each episode to get great guidance and make the task much easier.
Listen on:
Episodes
Episodes
Thursday Apr 01, 2021
Thursday Apr 01, 2021
If you thought the last COVID relief bill was big, have you heard about the infrastructure bill and the potential tax increases to pay for it? On our last show we talked about the most recent stimulus package and what it entailed. This episode of the podcast we discuss the new infrastructure bill being proposed.
Read more and get additional financial resources here: https://doncashpodcast.com/podcast/infrastructure-bill-and-future-taxes/
What we discuss on this episode:
0:33 - March Madness is coming to an end.
3:05 - What potential tax increases are we looking at?
6:48 - How reliable are these renewable sources of energy?
8:04 - What other items are included in this bill?
10:36 - Who is paying for this bill?
22:47 - Getting to Know You: What’s the luckiest thing that’s happened to Don recently?
Thursday Mar 18, 2021
Thursday Mar 18, 2021
We talk through what the stimulus package includes, what it means, and where we’re headed on today’s episode. Then, Don answers a question from the mailbag about refinancing.
Read more and get additional financial resources here: https://doncashpodcast.com/podcast/what-does-the-stimulus-package-mean-for-you/
What we discuss on this episode:
0:25 - What’s going on this week as we enter into spring?
3:04 - $1.9 trillion stimulus package was passed.
11:02 - Are we headed toward inflation?
13:32 - Mailbag: Is it too late to refinance?
15:31 - What did Don look at when he refinanced?
21:39 - Where would Don like to retire?
Thursday Feb 25, 2021
Thursday Feb 25, 2021
What’s the best approach to the market? If you think you’re picking a “good stock” what does that really mean? And how can you make a good choice? On today’s podcast, Don shares the academic approach to the market as well as a number of comparisons of how this can look in everyday life.
Read more and get additional financial resources here: https://doncashpodcast.com/podcast/wall-street-approach-vs-academic-approach/
What we discuss on this episode:
1:43 - Winter weather presses on.
2:26 - What’s the latest college “resource”?
4:49 - Is buying “good stocks” still a speculation?
7:07 - What’s the academic approach to the market?
12:35 - How likely are you to beat the market?
16:32 - What does Don think about the economy?
18:34 - What is recency bias?
Thursday Feb 11, 2021
Thursday Feb 11, 2021
What just happened with GameStop? What can we learn from it, and how does it apply to your financial plan? We’ll get Don’s perspective on today’s show.
Read more and get additional financial resources here: https://doncashpodcast.com/podcast/gamestop-stock-situation/
What we discuss on this episode:
1:06 - Don’s theory when it comes to picking a team to cheer for in the Super Bowl.
2:40 - What other drama has occurred in February?
3:48 - What good news has happened so far this year?
6:49 - What’s been happening with GameStop?
9:01 - What’s a short sell? What was different this time?
13:31 - What’s long-term investing and what’s luck?
15:25 - Why does this situation remind Don of a TV show?
17:26 - Don’t get greedy!
18:16 - Did any of Don’s clients consider buying GameStop stock?
19:43 - How do you build wealth?
21:07 - What age did Don love being?
Thursday Jan 28, 2021
Thursday Jan 28, 2021
What does Don predict for the new year? How can we prepare our financial plan appropriately for what may come in the future? Let’s talk about some areas that need attention in 2021.
Read more and get additional financial resources here: https://doncashpodcast.com/podcast/what-should-you-be-thinking-about-for-2021/
What we discuss on this show:
0:50 - As predicted, 2021 hasn’t exactly been the brand-new start we all hoped for.
3:09 - What’s the latest in vaccine and COVID news?
10:17 - What is the economic side of what’s to come?
14:27 - What is the real estate market like right now?
18:17 - What should we be thinking about in 2021?
Friday Dec 18, 2020
Friday Dec 18, 2020
As you wrap your gifts and prepare for the ball drop, we wrap up 2020 by reviewing the highlights and lowlights that happened this year. Can you believe all that’s happened?
Read more and get additional financial resources here:
https://doncashpodcast.com/podcast/the-highlights-lowlights-wrapping-up-2020/
Download the strategies checklist PDF: https://doncashpodcast.com/wp-content/uploads/2020/12/7-Best-Strategies-for-Year-End-Planning-2020.pdf
What we discuss on this show:
0:39 - It’s beginning to look a lot like Christmas with snow for Don.
3:28 - Let’s do a year-end wrap up of 2020.
5:37 - January was when we were talking about the impeachment of the president.
6:28 - March we started the shutdown.
6:50 - Early summer we had protests and riots.
8:07 - By fall we were watching the election.
10:40 - What lessons can we carry into 2021?
15:05 - What habits have we changed?
18:10 - What other surprises has 2020 brought?
Thursday Dec 03, 2020
Thursday Dec 03, 2020
We’re closing in on the end of the year, which is a great time to catch up on a little rest and relaxation. Before you do that, there are some financial items you should review before the calendar turns to January. We’ll run through a list of five planning considerations on this show, and we’ll also get Don’s thoughts on the recent surge in the market.
Read more and get additional financial resources here: https://doncashpodcast.com/podcast/end-of-year-financial-checklist-market-update/
Download the strategies checklist PDF: https://doncashpodcast.com/wp-content/uploads/2020/12/7-Best-Strategies-for-Year-End-Planning-2020.pdf
What we discuss on this show:
1:14 – Holiday update
5:29 – Market up nearly 10% in November, surprising?
7:16 – How much is vaccine and treatment related?
8:25 – Value vs Growth companies
13:46 – Roth conversions
16:07 – IRA hardship distribution
17:07 – Qualified Charitable Distributions
18:49 – Estate Planning
Thursday Nov 19, 2020
Thursday Nov 19, 2020
As we near the holiday season and end of the year, what’s been happening in our country? How does it impact what we do in our own financial planning? Anything we should do before the year is over?
What does the election mean for planning for 2021, especially when we don’t have official results yet? Even without total clarity on our politicians, the economic results are coming back fairly strong, especially when it comes to consumer spending.
We'll talk about that on today's episode.
Read the show notes here: https://doncashpodcast.com/podcast/evaluating-the-end-of-the-year-2020/
What we discuss on this show:
1:14 - COVID is spiking sadly.
3:52 - The election results are not yet finalized.
5:22 - The stories about possible vaccines are promising.
7:16 - What does a divided Congress mean for taxes?
9:10 - What moves should we make before the end of the year?
10:29 - Any changes with Social Security?
12:46 - What specific financial planning moves should we consider?
16:19 - What are long-term capital gains and qualified dividends?