Your Life Your Wealth

November 12, 2021

Inflation is a growing concern.  American’s are experiencing price increases at a rate not seen in over 30 years. Steve discusses the reasons for current inflationary conditions and its impact on wage earners and retirees.  He details action steps to help ease the pain of rising prices and effective tools used at CFN to more accurately project inflation’s future impact on your Life & Wealth.

November 5, 2021

For many retirees, spending money on life’s pleasures is often a source of guilt, even if they can easily afford to spend the money. The guilt may be motivated by a fear of running out of money, or even a perception they are cheating their heirs out of an inheritance. As we head into the holiday season, guilt free spending is our theme for November. Steve shares retirement planning strategies to help you better enjoy your retirement with guilt free spending.

October 29, 2021

It’s clear that when putting together a successful retirement plan, managing wealth is only one component. A successful plan includes discovering what you intend to spend your money on, how you will maintain your social network, and ideas for investing in personal relationships. After years of researching the key to real retirement happiness, Michael Finke, of the American College of Financial Services, discusses his important findings. The result of this conversation reinforces the fact that real retirement happiness cannot be found exclusively through money or wealth.

October 22, 2021

We continue our October theme of charitable giving by exploring the scientifically documented mental and physical benefits of helping others. CFN’s John Walker welcomes Stephen Post, PhD Professor, Founding Director of The Center for Medical Humanities, Compassionate Care and Bioethics at Stony Brook University. Dr. Post is the author of several books including “Why Good Things Happen to Good People: How to Live a Longer, Healthier, Happier Life by the Simple Act of Giving.”  He explains how you can enjoy the mental and physical benefits of helping others as much or more than helping yourself.

October 15, 2021

The Social Security Administration announced a 5.9% increase in benefits for 2022. For many Americans in retirement, Social Security is a key part of their retirement income. Steve Cordasco is joined by CFN’s Jim Tate, CPA, to discuss key strategies for maximizing your social security benefits. Be sure you understand these strategies to help you make the most of this income stream that will last through your retired years.

October 8, 2021

Uniform Transfers to Minors Act allows gift givers to transfer money, real estate or fine art to minors without the need for a guardian or trustee. UTMAs, a tax efficient gifting option, are an inexpensive way to give minors a financial leg-up, but there are limitations and cautionary notes you need to consider. CFN’s John Walker is joined by Kathy Mandelbaum, Associate Professor of Law at Temple University. They discuss this tax efficient gifting option and detail the pros and cons you need to know.

October 1, 2021

Helping others by giving to charity has a positive impact on the recipient, and also offers the donor many benefits. We get personal satisfaction by helping those less fortunate, while at the same time we can benefit from the tax advantages of charitable giving. CFN’s John Walker and Tim Joseph, CPA, discuss a variety of strategies that can help your donations go further for the causes you support, and present a win-win by helping you benefit from the tax advantages of charitable giving.

September 24, 2021

Economic conditions in China and investing in emerging markets are among the issues discussed. Steve Cordasco is joined by internationally known investor and commentator Jim Rogers. Jim Rogers, well known for his media appearances, was the co-founder of the Quantum Fund, Soros Fund Management and the Rogers International Commodities Index. He joins Steve from his home in Singapore.

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.