Your Life Your Wealth

September 11, 2018

Do you wonder what separates self-made millionaires from the rest of the population? Contrary to the popular stereotype that millionaires just got lucky, a new study demonstrates the common habits of a successful individual, and luck isn’t one of them. A recent behavioral survey conducted by Tom Corley identified the universal habits of highly successful self-made millionaires. Join me on the show to learn the practical benefits of these lifestyle habits. Given my experience working with self-made millionaires, I’ll give you my take on Corley’s study.

September 7, 2018

President Trump’s executive order to review certain rules that govern retirement accounts and future required minimum distributions. Although the media tends to try to invoke fears and criticism about President Trump’s new proposal, the proposed plan will help all retirees, not just the rich. Plus, this proposal can be mutually beneficial to small business owners as well as the employees. This podcast will cover the two critical components of the changes that could help retirees.

September 4, 2018

It’s back to school season and you may have a lot on your mind. If your child is a high-school junior or senior, you may feel overwhelmed with the looming price tag of college tuition. Even if you have plenty of money saved for your child’s education, the expense can impact your plans for retirement. You may be concerned that you will need to retire much later than the age you originally planned.

August 31, 2018

On today’s podcast, I’m joined by Cordasco Financial Network’s Ryan Flurer to discuss annuities. Ryan, an Insurance Specialist, has extensive insurance knowledge after years of experience in that. Ryan and I will unpack this complicated topic. Annuities are important to understand when it comes to planning for your retirement because they help provide retirees with a source of income. Some people shy away from annuities altogether, because determining the type of annuity that best suits your individualized needs can be a cumbersome and difficult process. The goal of this podcast is to educate you on the various types of annuities so you can make more informed decisions.

August 28, 2018

Throughout history, tariffs, sanctions, and trade deals have been popular and effective economic tools. Presidents such as Washington, Lincoln, and Roosevelt used these strategies to protect American workers and businesses. Despite the media frenzy and negative portrayal of President Trump, President Trump has also implemented this strategy to amplify America’s trading, economic, as well as diplomatic power. With American manufacturing jobs on the rise, President Trump has powerful statistics that prove his skills when it comes to economic strategy. President Trump is also being seen as a serious player on the international level who can influence the global economy through such tactics.

August 24, 2018

Did you find your last vacation house rental by going online to websites such as Airbnb, VRBO, HomeAway, or a similar site while planning your last trip to the Jersey Shore? Vacation property ownership is one of the fastest growing small businesses due to the growth of online sites like Airbnb. In fact, a booming demographic of Airbnb hosts is seniors. In New Jersey, a survey found that 6,000 property owners earned over $50 million dollars by renting their home in 2016 on Airbnb.

August 21, 2018

Tariffs and threats of a global trade war impact the health of our economy. I’m joined by Dennis Jablonoski, Financial Planner and Retirement Plan Specialist with Cordasco Financial Network. We discuss how recent economic news may affect asset allocation.

August 17, 2018

The number one reason Americans are saving today is for family travel. A recent survey found the primary reasons for saving aren’t for college, a home purchase, or even for retirement as you might think. I discuss family vacation options and how family vacations create a lifetime of memories.

August 14, 2018

Some D.C. politicians have cooked up a new idea on how to fund the cost of parental leave for employees that won’t create another taxpayer funded entitlement. I will fill you in on the details of the plan that includes early use of your social security money and a later retirement age.

August 10, 2018

As the mid-term elections approach, I’ve received a number of questions inquiring about what a shift in the political winds might mean for your investments. In this segment, I look at how past elections and political turmoil have impacted the markets and our economy.