Too many investors spend too much time chasing specific stocks or trying to time the market, while at the same time are careless about maximizing their tax benefits. Carefully managing your taxes is an area where you can have a significant impact on the growth of your investments. Being smart about where you invest for retirement and even smarter about which retirement accounts you withdraw from, and in what order, can make a significant difference in the amount of money you keep and how much you send to Uncle Sam. I share tips and strategies you need to know.
Program Length: 33 minutes
Jerome Powell says the Federal Reserve is going to be rate neutral for now. What do his comments mean to you? I talk with Senior Financial Analyst Joe Cortese. We discuss market fundamentals as we approach the end of the first quarter of 2019. Plus, the Fed’s inflation fight, corporate debt and the strength of the U.S. dollar. I also give my take on the markets and how volatility can bring opportunities.
Program Length: 25 minutes
It’s considered either a “fantastic new idea” or “the path to financial ruin.” There's a controversial new and growing trend relating to retirement called FIRE, Financial Independence Retire Early. It’s a movement, largely supported by millennials, promoting the idea of living frugally while saving up to half of your income early in your career, then retiring in your mid 40’s. I discuss the FIRE concept and look at the possible benefits and many problems connected to this very different type of financial life plan.
Program Length: 18 minutes
Jersey Shore Towns Take Hit on Property Values
Research indicates that the increase in property values at some Jersey Shore towns is being stunted by rising sea levels. Towns including Brigantine, Atlantic City, Sea Isle City, and North Wildwood are among the top 20 locations impacted, with the burgeoning retirement town of Ocean City being the hardest hit. I'm a resident of the Jersey Shore and skeptical of these findings, but wanted further detail. I’m joined by Columbia University researcher Jeremy Porter to explain his perspective on the data.
Program Length: 24 minutes
Retirement Account Consolidation
If you’ve worked for various companies during your career, you may have accumulated several 401(k) accounts. As retirement approaches, perhaps you should consider consolidating those accounts. This streamlining process can be complicated, and there could be benefits to maintaining separate accounts. I’ll walk you through the process and detail the pros and cons of retirement account consolidation.
Program Length: 18 minutes