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.
Episodes
Episodes
Thursday Jun 30, 2022
The Risk of Losing Financial Independence
Thursday Jun 30, 2022
Thursday Jun 30, 2022
Are we losing our financial independence to inflation, a possible recession, and longevity? On today’s episode, we’ll explore the various risks that can complicate your plan and your finances.
Listen for these key points:
0:28 – Happy 4th of July!
3:20 – Fear of running out of money
6:06 – Life expectancy
7:48 – Pushing your plan to 90+
8:35 – Dying too young, living too long
9:32 – Costs for long term care
10:30 – So, what do we do?
12:38 – Long-term care coverage
13:34 – What about savings?
15:31 – The Investment Answer
16:18 – Reach out to a professional
18:32 – Watch out for confirmation bias
Get additional financial information: https://doncashpodcast.com/episodes/
Thursday Jun 16, 2022
Should We Be Worried? Inflation, Interest Rates and Bonds
Thursday Jun 16, 2022
Thursday Jun 16, 2022
With summer comes rising temperatures and this year, rising inflation! On today’s episode we’re going to discuss the importance of education, managing expectations, and understanding when it comes to navigating a volatile market.
Listen for these key points:
0:40 – Are you ready for summer?
2:53 – Is this permanent?
4:56 – Raise rates fast or slow?
6:35 – Fewer people working
8:00 – What are we going to do?
10:59 – Education, expectation, understanding
13:52 – Preparing for unexpected
15:50 – Buying before a crash
16:34 – Looking at the big picture
19:21 – What do we do to protect our wallets?
21:08 – Don’t inflate your expenses 8%
22:39 – Expenses aren’t linear
Get additional financial information: https://doncashpodcast.com/episodes/
Thursday Jun 02, 2022
Solutions to Investor Anxiety
Thursday Jun 02, 2022
Thursday Jun 02, 2022
Last week we spoke on the cycle of investor anxiety. How can we break this cycle and enjoy a fruitful financial future without the stress?
Listen for these key points:
0:35 – This past Memorial Day
4:40 – Phase 1
7:02 – Phase 2
8:56 – Phase 3
13:19 – Phase 4 & 5
15:52 – How do we break the cycle?
18:12 – Change your news up!
18:45 – Maximize returns, minimize risk
20:50 – Let others be emotional
21:55 – Hire a holistic planner
Get additional financial information: https://doncashpodcast.com/episodes/
Thursday May 19, 2022
The Cycle of Investor Anxiety
Thursday May 19, 2022
Thursday May 19, 2022
How do we overcome the cycle of anxiety we face as investors? On today’s episode, Don breaks down the 5 stages of investor anxiety and how we can overcome these obstacles in today’s world.
Listen for these key points:
0:55 – It’s hot here!
3:36 – Phases of anxiety
4:49 – A broken process
5:45 – Fear of the future
6:38 – Addicted to technology
10:06 – You can’t predict the future
11:15 – Track record investing
13:22 – Information overload
14:51 – Emotional decisions
18:34 – Breaking the rules
19:36 – How to overcome this cycle
Get additional financial information: https://doncashpodcast.com/episodes/
Thursday May 05, 2022
Inflation, Interest Rates, and Investment Volatility - Part 2
Thursday May 05, 2022
Thursday May 05, 2022
It seems like all the talk lately as been inflation, interest rates and investment volatility. Every time you look at the news you see rising inflation numbers, gas prices seem to have actually gone up again and the stock market has been crazy volatile. Add in another interest rate increase by the Federal Reserve and the list of issues gets longer and longer. We didn't have enough time to dig deep into all of these things so, let’s see if we can make some sense of what’s going on and what we can do about it.
Listen to part 1: https://doncashpodcast.com/podcast/inflation-interest-rates-and-bond-prices-oh-my/
Listen for these key points:
0:53 – Allergies and COVID
2:29 – Used car prices
3:51 – Setting up part 2 of the conversation
5:32 – Last time rates were at 5%
6:19 – Interest rates
7:21 – World events impacting inflation
8:31 – Imbalances
11:51 – Wages and workers
14:11 – Other price increase examples
15:16 – Hidden tax
17:21 – What can individuals do today?
20:37 – Investment strategies
23:09 – Closing thoughts
Get additional financial information: https://doncashpodcast.com/episodes/
Thursday Apr 21, 2022
Inflation, Interest Rates and Bond Prices - Oh My!
Thursday Apr 21, 2022
Thursday Apr 21, 2022
Interest rates are going up, inflation is impacting our wallets, and bond prices are down. On today’s episode, we break down these issues and how they could impact you.
What we discuss:
0:53 – Changing mask rules
2:16 – Will travel start up again?
3:16 – Air travel and fuel are up
5:09 – Why are rates jumping up?
7:16 – Prices of homes have gone up
9:55 – Impact on stocks and bonds
11:07 – Bonds are stable, but can go down
13:00 – Reinvesting at a higher rate
14:45 – What is causing this?
16:11 – What is an advisor’s job?
17:29 – As you get closer to retirement
Get additional financial information: https://doncashpodcast.com/episodes/
Thursday Apr 07, 2022
Winners and Losers 2 Years After Covid Market Crash
Thursday Apr 07, 2022
Thursday Apr 07, 2022
What does it take to be a winner in today’s stock market? We’ll explore the difference between winners and losers when it comes to investing on today’s episode.
What we discuss:
0:53 – UNC versus Kansas
3:43 – The market since 2020
5:10 – Winners have a plan
6:49 – Changes since 2020
11:19 – Greed and gains
14:20 – What makes a winner?
16:55 – Waiting to get back in
19:49 – Mailbag: “Non-financial suggestions for retirement?”
Get additional financial information: https://doncashpodcast.com/episodes/
Thursday Mar 24, 2022
Proposed IRA Changes and Roth Tax Tips
Thursday Mar 24, 2022
Thursday Mar 24, 2022
Last month some new IRA changes were proposed. How could these possible changes impact your financial future and your family’s?
What we discuss:
0:32 – Spring has sprung
2:27 – IRS rule changes
4:29 - Inheritance rules
6:47 – New proposed required distributions
7:49 – When the original owner dies
9:21 – Designated beneficiaries
11:37 – Impact on generational wealth
13:13 – Make a comment to the government
13:52 – Roth tax advantages
14:58 – Tax planning tips for 2021
17:35 – What’s the catch?
18:28 – Is there a MAGI?
Submit a formal comment: https://www.federalregister.gov/documents/2022/02/24/2022-02522/required-minimum-distributions
Referenced Article: https://www.journalofaccountancy.com/news/2022/feb/proposed-regulations-update-rmds-secure-act-changes.html
Get additional financial information: https://doncashpodcast.com/episodes/