Your Life Your Wealth

September 17, 2021

Steve discusses inflation, the markets, demographics and the new tax proposals. We also hear inciteful comments from Cathie Wood, founder and CEO of the investment management firm Ark Invest, made at this week’s global leadership SALT Conference in New York. Additionally, Steve offers his perspective on the views expressed by Cathie Wood, inflation, the markets, demographics and the new tax proposals that are among the most significant issues currently on the minds of investors and retirees.

September 10, 2021

It’s been 20 years since America was attacked in a way none of us could have ever imagined. September 11, 2001, the day four hijacked passenger planes crashed into the towers of the World Trade Center, the Pentagon and an open field in Shanksville, PA, was a day that changed our world. Memories of 9/11 can never be forgotten. We all remember where we were and how we felt the moment we heard the news. In this special edition podcast, Steve Cordasco, and several members of the CFN team, share their personal memories of 9/11.

September 3, 2021

When it comes to your kids, is it smarter to pay for college or fund your retirement? The cost of higher education continues to rise. CFN’s John Walker and Dennis Jablonoski welcome Neetu Arnold, a researcher at the National Association of Scholars who’s authored a study looking into how much we’re paying for college and where all that money goes. The choice to pay for college or fund your retirement is not an easy one. John and Dennis outline strategies to help you decide.

August 27, 2021

Today’s podcast is one you must hear. Steve shares very recent professional and personal experiences to illustrate and emphasize the invaluable importance of planning for the inevitable. It’s a fact, none of us wants to be a burden to our family before or after we die. During this must-listen case study, Steve outlines the potential pitfalls of not having your financial house in order and details several specific organizational and planning areas that need your attention...before it’s too late.

August 20, 2021

A Roth IRA conversion offers certain tax advantages if you expect your future tax rate to be higher at the time you plan to withdraw money from your retirement accounts. A Roth IRA allows for tax-free withdrawals of qualified distributions, but there are pitfalls you need to know. CFN’s John Walker and Tim Joseph, CPA, discuss the ins and outs of Roth conversions and help you determine if you’re a good candidate for this retirement planning strategy.

August 13, 2021

The work of the Investment Committee at Cordasco Financial Network is an integral part of the retirement planning process. The committee’s efforts, which take place on a daily basis, are a key component of portfolio construction at CFN. Investment Committee members Dennis Jablonoski and Larry Shaw join today’s host Ryan Flurer for a peek behind the scenes in creating a well-diversified portfolio. They also address emerging market concerns involving investments in China.

August 6, 2021

Tolerance of market volatility is quite different than tolerance of risk, however investors often confuse them. CFN’s John Walker and Dennis Jablonoski clearly define each, and help us understand why we need to know the difference. They also discuss the importance of knowing the level of risk you are willing to tolerate as compared to the level of risk your portfolio can withstand in order to meet your objectives.

August 3, 2021

Recently, factors like inflation, the Delta variant, and low interest rates have been weighing on people’s minds. To address this, Steve Cordasco hosted institutional money manager and member of our investment team, Joe Cortese, to shed light on the investment implications of the aforementioned market risks.

July 30, 2021

Defined Benefit Plans for small business owners represent the largest yearly retirement plan contribution option available, and likely present a significant tax savings opportunity.  Steve Cordasco and CFN’s Tim Joseph, CPA, discuss Defined Benefit Plans with guest Philip Pirio, Senior Design Consultant with Dedicated Defined Benefit Services. They discuss important details of Defined Benefit Plans and the roles financial planners, CPAs, and plan administrators have in designing and implementing this often overlooked retirement plan option for small business owners.

July 22, 2021

Unfortunately, people in retirement often miss tax-savings opportunities that are readily available. Retirees like you need to pay close attention to your tax situation because the money you’ve saved needs to last the rest of your life. Missing out on important tax-saving strategies can take a bite out of your nest egg and negatively impact your quality of life during your retirement years. To provide help, CFN’s John Walker and TIM Joseph, CPA, discuss the most overlooked tax breaks for retirees.