How Money Works Craig Moser

As the baby boomer generation begins reaching the later stages of life, a staggering amount of wealth is set to change hands. Experts estimate that between $40 trillion to $100 trillion will be transferred to younger generations over the next two decades. This seismic financial shift is not just about numbers; it's about families, legacies, and the future of personal wealth. On this episode, Craig and Jennifer tackle the intricacies of this great wealth transfer.
 
Here’s some of what we discuss in this episode:
Why this transfer of wealth could be so critical to future generations. Understanding the rules of inherited IRAs is very important. What changed with SECURE Act 2.0? Giving an asset like real estate or stock to somebody can create tax issues. How cost basis is calculated and why it makes a big difference in tax planning.  
Contact Maestro Wealth:
Web: https://maestrowealth.com/
Email: info@maestrowealth.com
Phone: 336-448-1086

Today we’re going to have a little fun weighing in with a spirited game of 'Agree or Disagree,' where Craig and Jennifer dissect and debate some of the most pressing financial questions facing individuals today.
 
Here’s some of what we discuss in this episode:
Whether you should pay off your mortgage as soon as you can. Are individual bonds better than bond funds? Should you get rid of your life insurance in retirement? What are the best ways to utilize annuities? Is it better to have a fee-based advisor or a commission-based broker?

Contact Maestro Wealth:
Web: https://maestrowealth.com/
Email: info@maestrowealth.com
Phone: 336-448-1086

The journey to retirement is rarely a straight path, and sometimes it comes with a few surprises. So, when the rug is pulled out from under you with an unexpected retirement offer, do you take the money and retire, or get back on the job hunt? Join Craig and Jennifer as they discuss the complex decisions that come with retiring early in this episode.
 
Here’s some of what we discuss in this episode:
Should you accept retirement buyout offers if it includes a severance? The importance of running the numbers when it comes to making these decisions Considerations between choosing a pension versus a lump sum payment Opting for a reduced pension to cover a spouse versus purchasing a life insurance policy  
Get additional financial resources: https://maestrowealth.com/how-money-works-podcast/ 
Schedule a meeting: https://timetoseemaestrowealth.as.me/ReadytoBegin 
 
 

Most people think about life insurance as a safety net for their loved ones in case of unexpected tragedy. While this is undoubtedly a crucial aspect, there is more to life insurance than many people are aware of. In this insightful episode, we’re focusing on the multifaceted world of life insurance and its often-overlooked benefits.
 
Here’s some of what we discuss in this episode:
Considering life insurance for income replacement + obtaining it when you’re healthy The role of life insurance in estate planning for liquidity purposes Life insurance as a tool for transferring generational wealth + business succession planning How life insurance can be a beneficial tool for high-income earners Using life insurance to fund long-term care expenses  
Get additional financial resources: https://maestrowealth.com/how-money-works-podcast/ 
Schedule a meeting: https://timetoseemaestrowealth.as.me/ReadytoBegin 
 

Being in between jobs can be frustrating. If you find yourself in this season, it’s important to have a clear plan of action to keep your finances in order. Stay tuned as Craig and Jennifer discuss some areas to consider for those facing job changes, layoffs, or contemplating early retirement.
 
Here’s some of what we discuss in this episode:
Do you have enough time and resources to start over in a new career? The considerations should be made before venturing into entrepreneurship How will you cover health insurance costs during this time? Is this a good time to roll over your 401(k), and what factors should be considered? When receiving a severance package, should you opt for lump sum or monthly installments? The importance of having sufficient insurance coverage beyond life insurance  
Get additional financial resources: https://maestrowealth.com/how-money-works-podcast/ 
Schedule a meeting: https://timetoseemaestrowealth.as.me/ReadytoBegin 
 

The decade leading up to retirement comes with many things to think about. Not only are there some financial shifts and opportunities to navigate, but it’s important to keep your physical health and goals for retirement in focus too. In this episode, we’ll unpack the key elements that matter most during the home stretch of retirement planning.
 
Here’s some of what we discuss in this episode:
Staying active and healthy in the later years of your career Figuring out what you’re retiring to and building that into your financial plan Some financial opportunities to take advantage of your last 10 years of working Taking a look at your debt + risk management  
Get additional financial resources: https://maestrowealth.com/how-money-works-podcast/ 
Schedule a meeting: https://timetoseemaestrowealth.as.me/ReadytoBegin