Money On Tap

Ben Brayshaw & Seth Krussman
  • 5.0 (3)
  • Investing
  • Updated Weekly

Hi, and welcome to "Money on Tap", your personal finance headquarters where we bring out the professionals, experience, and some fun in what we call 3 dimensional investing; utilizing insurance, brokerage, and fee-based planning. We believe all investments have merit, all investments have relevance and all investments have their time and place, depending on your goals and appetite for risk. On a weekly basis "Money on Tap" airs live in New England and is rebroadcast multiple times, as well as available on podcast. Our goal is to educate and debate the current relevant financial issues facing today's investors. As planners with Brayshaw Financial Group, LLC, we have over a century of experience among our planners, and find that many people simply cannot engage in healthy and constructive financial planning relationships due to the magnitude of the industry as a whole. As we educate and debate current topics and relate them to everyday concerns, we will help empower you to feel more confident and more aware as an investor. Mentioned on air: Our short sequence-of-returns risk video — watch it at brayshawfinancial.com.Read the companion blog: brayshawfinancial.com/blog Schedule a free consultation: app.greminders.com/t/9f3ce72e/initialconsulta Full Money On Tap episode library: brayshawfinancial.com/money-on-tapContact Us Phone: 855-226-8551 Email: info@yourmoneyontap.com Office: 116 South River Road, Bedford, NH 03110 Web: brayshawfinancial.com

  1. Math, Myths & The Reality of Retirement: Why Income Beats the Magic Number

    1d ago

    Math, Myths & The Reality of Retirement: Why Income Beats the Magic Number

    A new study says the average retired couple needs $1.16 million to retire comfortably. Scary headline — until you do the math. Because retirement was never about reaching a number. It's about the paycheck that number can produce.In this week's Money On Tap, Ben Brayshaw and Dan Michelon take the "magic number" apart piece by piece. They trace where $1.16 million actually comes from — $84,000 in average spending, $37,700 in Social Security, and a 4% withdrawal covering the gap — then show what the headline can't see: sequence of returns risk, the tax code, health events, and the market's habit of dropping 25–30% when you can least afford it. The centerpiece is a tale of three couples: Couple A with $1.8 million and no guaranteed income beyond Social Security, Couple B with $950,000 and a teacher's pension, and Couple C with $900,000 who built their own pension with an annuity — and ended up more secure than the couple with twice the money.What you'll learn: Where the $1.16 million figure really comes from — and why the study converts it to income immediatelyWhy the race-to-a-number mindset is programmed into us, and why it fails in retirementThe tax reality: 12% vs. 22% brackets, Social Security taxation, RMDs at 73, Medicare's hidden 3–5% "tax," and climbing capital gains ratesThe bucket strategy: cash for years 0–3, buffered strategies and dividends for 3–7, growth for 7+Why 1% of inefficiency on a 4% drawdown is really 25% of your incomeCouple A vs. B vs. C: how guaranteed income beats a bigger portfolioThe timing trap: why buying the annuity after the crash locks in the lossRewriting the 4% rule with 5–7% joint lifetime annuity payoutsPlus Money In The News: SpaceX goes public: Wall Street's sky-high price targets, the trillion-dollar valuation, and why investors stay cautiousTrump floats an Australian-style retirement system with 12% employer contributionsThe IRA saver's match arriving in 2027: who qualifies, and why the income limits are so tightRead the companion blog: https://www.brayshawfinancial.com/blog Schedule a free consultation: https://app.greminders.com/t/9f3ce72e/initialconsulta Browse the full Money On Tap library: https://www.brayshawfinancial.com/money-on-tapContact Us Phone: 855-226-8551Email: info@yourmoneyontap.comOffice: 116 South River Road, Bedford, NH 03110Web: brayshawfinancial.comSecurities and advisory services offered through Osaic Wealth, Inc., member FINRA/SIPC. All other services offered through Brayshaw Financial Group, LLC are independent of Osaic Wealth, Inc. Annuity guarantees are subject to the claims-paying ability of the issuing insurance company. Do I really need $1.16 million to retire? Not necessarily. That figure assumes $84,000 in annual spending funded by Social Security plus a 4% portfolio withdrawal. Guaranteed income changes the math: a couple with a pension or annuity covering their core expenses can retire securely on far less, because their withdrawal rate drops and market downturns stop threatening their paycheck. The right question isn't "what's my number?" — it's "where will my income come from?"

    56 min
  2. The Hidden Companies Powering the AI Revolution: The Picks and Shovels of the Build-Out

    6d ago

    The Hidden Companies Powering the AI Revolution: The Picks and Shovels of the Build-Out

    Only 20–30% of the AI data centers planned through 2030 are built today. The other 70–80% — the cement, the cooling, the chips, the memory, the power — are still coming. And the companies collecting the profits from that build-out are mostly names the mainstream isn't talking about.In this week's Money On Tap, Ben Brayshaw and Dan Michelon go beyond the Mag Seven and into the hidden companies powering the AI revolution. They trace how the AI trade rotated from the companies spending the money to the companies receiving it — the second-wave winners like Micron, SanDisk, Vertiv, Marvell, and Broadcom — and why Taiwan Semiconductor may be the king of the whole story. Then they go layer by layer through what's still ahead: electrical infrastructure, utilities and nuclear power, engineering, construction materials, and data center REITs.What you'll learn: Why only 20–30% of planned AI data centers exist — and what that means for the next decade of demandThe rotation out of the Mag Seven: from speculation and hope to follow-the-moneyThe AI stack, layer by layer: chips, memory (Micron), storage (SanDisk), cooling (Vertiv), networking (Marvell, Broadcom)Why Taiwan Semiconductor is the company nearly every AI player depends onThe risks worth respecting: valuation, capex pullbacks, competition, interest rates, and tariffsThe layers still to come: electrical, power and grid, engineering, materials, machinery, and data center REITsWhy high conviction — knowing why you own what you own — beats chasing every headlinePlus Money In The News: Trump Accounts for kids launch July 4: $1,000 at birth, up to $5,000 a year — and the math that could reach seven figures by retirementWhich financial stocks actually benefit when interest rates stay highTrump's rare earth agenda hits a milestone as the U.S. Army moves to break China's grip on defense metalsRead the companion blog: https://www.brayshawfinancial.com/blog Schedule a free consultation: https://app.greminders.com/t/9f3ce72e/initialconsulta Browse the full Money On Tap library: https://www.brayshawfinancial.com/money-on-tapContact Us Phone: 855-226-8551Email: info@yourmoneyontap.comOffice: 116 South River Road, Bedford, NH 03110Web: brayshawfinancial.comSecurities and advisory services offered through Osaic Wealth, Inc., member FINRA/SIPC. All other services offered through Brayshaw Financial Group, LLC are independent of Osaic Wealth, Inc. Do I really need $1.16 million to retire? Not necessarily. That figure assumes $84,000 in annual spending funded by Social Security plus a 4% portfolio withdrawal. Guaranteed income changes the math: a couple with a pension or annuity covering their core expenses can retire securely on far less, because their withdrawal rate drops and market downturns stop threatening their paycheck. The right question isn't "what's my number?" — it's "where will my income come from?"

    56 min
  3. The Great Wealth Transfer: Will Your Family Be Ready? $124 Trillion Is About to Change Hands

    Jun 25

    The Great Wealth Transfer: Will Your Family Be Ready? $124 Trillion Is About to Change Hands

    By 2048, an estimated $124 trillion will change hands — the largest transfer of wealth in human history. Roughly $105 trillion to heirs, $18 trillion to charity. And here’s the uncomfortable truth: about 70% of family wealth disappears by the second generation, and 90% is gone by the third.In this week’s Money On Tap, Ben Brayshaw and Dan Michelon dig into what the great wealth transfer really means — not for the economy, but for your family. They unpack why wealth preservation is far more behavioral than investment-driven, what the Vanderbilts got wrong and the Rockefellers got right, and the Warren Buffett principle every parent and grandparent should know. Most importantly, they walk through the four conversations every family needs to have before the money moves — and the simple first step you can take this week.What you’ll learn: Why $124 trillion in motion could be a generational blessing — or a great wealth disasterThe statistic that should stop every family cold: 70% gone by generation two, 90% by generation threeWhy wealth preservation is behavioral, not investment-drivenThe tale of two fortunes: Vanderbilt vs. RockefellerThe four conversations every family must have before the transferA practical first step you can take this week — and the BFG white paper that helps you run your own family meetingPlus Money In The News: General Motors and Lockheed Martin announce a new multi-billion-dollar defense manufacturing partnershipJeff Bezos proposes eliminating federal income taxes for the bottom half of U.S. earners — and what it would actually mean“The job interview is broken”: how AI is reshaping hiring on both sides of the tableRead the companion blog: https://www.brayshawfinancial.com/blog Schedule a free consultation: https://app.greminders.com/t/9f3ce72e/initialconsulta Browse the full Money On Tap library: https://www.brayshawfinancial.com/money-on-tapContact Us - Phone: 855-226-8551 - Email: info@yourmoneyontap.com - Office: 116 South River Road, Bedford, NH 03110 - Web: brayshawfinancial.comSecurities and advisory services offered through Osaic Wealth, Inc., member FINRA/SIPC. All other services offered through Brayshaw Financial Group, LLC are independent of Osaic Wealth, Inc. Do I really need $1.16 million to retire? Not necessarily. That figure assumes $84,000 in annual spending funded by Social Security plus a 4% portfolio withdrawal. Guaranteed income changes the math: a couple with a pension or annuity covering their core expenses can retire securely on far less, because their withdrawal rate drops and market downturns stop threatening their paycheck. The right question isn't "what's my number?" — it's "where will my income come from?"

    56 min
  4. Retirement Redzone, The Last Mile

    Jun 15

    Retirement Redzone, The Last Mile

    Ten straight up weeks, then a sharp pullback — and if you’re two to five years on either side of retirement, the fear is real. This is the Retirement Red Zone: the last mile into and out of your retirement date, and the most fragile window in your entire financial life.This week on Money On Tap, Ben Brayshaw and Dan Michelon turn last week’s market-history conversation into a practical playbook for anyone near retirement: how to avoid the paralysis that wrecked so many retirements in 2008–2009, and what to actually do right now.What you’ll learn: Why a 35-year-old and a 65-year-old should do the opposite thing in a pullbackThe accumulation-to-distribution switch most people don’t know existsWhat history says: after 40 sharp selloffs since 1980, markets were higher 75% of the time a year laterSequence-of-returns risk — why the first five years decide everythingBuilding a 1–3 year retirement runway with ~4% cash and T-billsRebalancing a 60/40 that drifted to 75/25Diversifying away from a top-10 that’s now 40% of the S&P (8 of them tech)Buffered ETFs — a 20% buffer with a 12–15% cap, explainedFoundational income, annuities, and the tax-aware withdrawal piece most firms skipPlus Money In The News: Consumer prices rose 4.2% annually in May — the highest in three years (CNBC, Jeff Cox)Elon Musk poised to become the first trillionaire — and just how much a trillion dollars really isA top JP Morgan strategist’s four ways to prep your portfolio for “considerable danger” (David Kelly)Mentioned on air: Our short sequence-of-returns risk video — watch it at brayshawfinancial.com.Read the companion blog: brayshawfinancial.com/blog Schedule a free consultation: app.greminders.com/t/9f3ce72e/initialconsulta Full Money On Tap episode library: brayshawfinancial.com/money-on-tapContact Us Phone: 855-226-8551 Email: info@yourmoneyontap.com Office: 116 South River Road, Bedford, NH 03110 Web: brayshawfinancial.com Do I really need $1.16 million to retire? Not necessarily. That figure assumes $84,000 in annual spending funded by Social Security plus a 4% portfolio withdrawal. Guaranteed income changes the math: a couple with a pension or annuity covering their core expenses can retire securely on far less, because their withdrawal rate drops and market downturns stop threatening their paycheck. The right question isn't "what's my number?" — it's "where will my income come from?"

    56 min
  5. Risk, Reward, & Record Highs

    Jun 11

    Risk, Reward, & Record Highs

    Nearly every major index is at a record high — and everyone’s asking the same question: is this the beginning of something great, or the end of something that’s gone too far?This week on Money On Tap, Ben Brayshaw and Dan Michelon take that question apart with 75 years of market history, a few statistics that genuinely surprised them, and a clear look at what a record high means for you — whether you’re decades from retirement or already drawing income.What you’ll learn: The Fidelity data showing investing at an all-time high beats investing on a random dayWhy a record high is usually a signal of a healthy economy, not a topA walk through 1982, 1987, 1995–1999, 2000, 2009, and 2020Why today’s AI market looks more like 1995 than the 2000 dot-com bubbleWhy timing the market is a loser’s game — and why taking profits isn’t fearSequence-of-returns risk — why the first years of retirement decide everythingBuffered ETFs — staying in the market with downside guardrailsAnnuities with lifetime income and long-term-care ridersPlus Money In The News: American financial literacy hits a 10-year low — U.S. adults answered just 47% of the TIAA Institute’s 2026 questions correctly (Yahoo Finance, Kerry Hannon)America’s data-center build-out falls behind schedule — Google’s $80B equity raise and what it signals about AI’s real cost (WSJ, Katherine Blunt)Exxon chief warns oil could spike to $160–$170 a barrel as strategic reserves run thin (Fox Business, Robert McGreevy)Mentioned on air: Our short sequence-of-returns risk video — watch it at brayshawfinancial.com.Read the companion blog: brayshawfinancial.com/blog Schedule a free consultation: app.greminders.com/t/9f3ce72e/initialconsulta Full Money On Tap episode library: brayshawfinancial.com/money-on-tapContact Us Phone: 855-226-8551 Email: info@yourmoneyontap.com Office: 116 South River Road, Bedford, NH 03110 Web: brayshawfinancial.com Do I really need $1.16 million to retire? Not necessarily. That figure assumes $84,000 in annual spending funded by Social Security plus a 4% portfolio withdrawal. Guaranteed income changes the math: a couple with a pension or annuity covering their core expenses can retire securely on far less, because their withdrawal rate drops and market downturns stop threatening their paycheck. The right question isn't "what's my number?" — it's "where will my income come from?"

    56 min
  6. Retirement Anxiety: Why So Many Americans Feel Unprepared

    May 29

    Retirement Anxiety: Why So Many Americans Feel Unprepared

    61% of Americans now fear running out of money in retirement more than they fear death itself. Half of all U.S. households approaching retirement are at risk of falling short of their current standard of living.This week on Money On Tap, Ben Brayshaw and Dan Michelon sit with the topic that shows up in the conference room more than any other these days: retirement anxiety — and why so many Americans feel unprepared.What you'll learn: The five fears inside retirement anxiety — and which one most plans don't addressWhy retirement is structurally more anxious today than a generation agoThe Honeymoon, the Shock, and the Reframe — the three phases of every retirementWhy men, executives, military, and first responders are hit hardest by the identity lossThe new 100% income rule (the old 60–70% rule of thumb is dead)The six-part income plan that actually reduces anxietySequence-of-returns risk — and why the first five years of retirement determine everythingSocial Security in 2026: 77% benefit, $1.5T bipartisan proposal, what it means for youWhy phased / consulting retirement is the underrated soft landingThe emotional plan nobody writes down — hobbies, friendships, purpose, marriagePlus Money In The News: Can the stock market save Social Security? A $1.5T bipartisan proposal from Cassidy and KaineFord stock surges on a $2B (becoming $10B) pivot to stationary energy storage with CATLStudent loan changes hit July 1 — payments rising $300–$350/month under IBR and RAP plansFree resource: Email us with "Retirement Anxiety white paper" in the subject and we'll send the companion document.Read the companion blog: brayshawfinancial.com/blog Schedule a free consultation: app.greminders.com/t/9f3ce72e/initialconsulta Full Money On Tap episode library: brayshawfinancial.com/money-on-tapContact Us Phone: 855-226-8551 Email: info@yourmoneyontap.com Office: 116 South River Road, Bedford, NH 03110 Web: brayshawfinancial.com Do I really need $1.16 million to retire? Not necessarily. That figure assumes $84,000 in annual spending funded by Social Security plus a 4% portfolio withdrawal. Guaranteed income changes the math: a couple with a pension or annuity covering their core expenses can retire securely on far less, because their withdrawal rate drops and market downturns stop threatening their paycheck. The right question isn't "what's my number?" — it's "where will my income come from?"

    56 min
  7. The Science of Retirement Income, Creating Income Alpha (Encore)

    May 22

    The Science of Retirement Income, Creating Income Alpha (Encore)

    Two retirees with the same balance can take wildly different incomes home — it's not about returns, it's about taxes.This week on Money On Tap, Ben Brayshaw and Dan Michelon unpack The Science of Retirement Income — How to Create Income Alpha: the practice of beating the market not by picking better stocks, but by keeping more of what you already have through tax-aware planning.What you'll learn: What "Income Alpha" actually means — and why it's worth 15–30% more retirement income, year after yearHow Social Security gets taxed at 0%, 50%, or 85% — and how to control which one applies to youThe Roth IRA conversion ladder: filling the 22% bracket today to avoid the 30%+ bracket laterThe lesser-known after-tax account strategy — converting future ordinary-income tax into capital-gains taxQualified Charitable Distributions (QCDs) — the single highest-leverage move for charitable retireesDonor-Advised Funds and Charitable Trusts — stacking giving with Roth conversion yearsThe hidden IRMAA Medicare tax — and the income thresholds that can cost you $1,000–$3,000 a yearThe Widow Tax Trap — the most damaging tax in retirement and how to plan around itWhy the year of a spouse's passing is the last big planning window — and what to do with itWhat 1–2 years of tax returns will tell a good planner that your investment statement never willPlus Money In The News: Weight-loss drug developers line up to tap a $150B market (Eli Lilly, Novo Nordisk, the pill-vs-shot race)Nike stock tumbles 13% to an 11-year low on China weaknessAverage tax refund up 11% from a year ago — IRS data and what it means for inflationFree resource: Email us with "Charitable Giving Booklet" in the subject and we'll send our charitable giving guide.Read the companion blog: brayshawfinancial.com/blog Schedule a free consultation: app.greminders.com/t/9f3ce72e/initialconsulta Full Money On Tap episode library: brayshawfinancial.com/money-on-tapContact Us Phone: 855-226-8551 Email: info@yourmoneyontap.com Office: 116 South River Road, Bedford, NH 03110 Web: brayshawfinancial.com Do I really need $1.16 million to retire? Not necessarily. That figure assumes $84,000 in annual spending funded by Social Security plus a 4% portfolio withdrawal. Guaranteed income changes the math: a couple with a pension or annuity covering their core expenses can retire securely on far less, because their withdrawal rate drops and market downturns stop threatening their paycheck. The right question isn't "what's my number?" — it's "where will my income come from?"

    56 min
  8. The Railroads of Quantum Computing: The Next Trillion-Dollar Bet + Milestone Show

    May 18

    The Railroads of Quantum Computing: The Next Trillion-Dollar Bet + Milestone Show

    🎉 Welcome to the 400th episode of Money On Tap. Nine years. Four hundred conversations. To celebrate, the first four callers to 855-226-8551 each get their pick from four pieces of MOT swag. Phone calls only — email won't count.This week, Ben Brayshaw and Dan Michelon close The Railroads of… trilogy with the one that may make all the rest run faster: quantum computing.What you'll learn: What a qubit actually is — and why "both 0 and 1 at once" changes everythingThe three investable layers: cloud platforms · hardware (semis & cryogenics) · softwareThe four pure-play names: Rigetti (RGTI), IonQ (IONQ), D-Wave (QBTS), Quantum Computing Inc. (QUBT) — and what their +250% to +5,700% trailing moves really meanThe four big-tech quantum plays: IBM, Alphabet, Microsoft, AmazonThe four ETFs to research: QTUM, ARKQ, BOTZ, ROBOThe barbell approach for taking speculative exposure without betting the farmWhy the honest timeline says mid-2030s — and the energy problem nobody's talking aboutHow space, robotics, and quantum intersect — and why the railroads series matteredPlus Money In The News: Spotify and Peloton team up on a global fitness content hubThe AI splurge is costing big tech its workforce — Oracle plans to cut 40% of its workforceHave software stocks reached the extreme washout yet? (And what the "SaaS-pocalypse" means for the next 12 months)Read the companion blog: brayshawfinancial.com/blog Schedule a free consultation: app.greminders.com/t/9f3ce72e/initialconsulta Full Money On Tap episode library: brayshawfinancial.com/money-on-tapContact Us Phone: 855-226-8551 Email: info@yourmoneyontap.com Office: 116 South River Road, Bedford, NH 03110 Web: brayshawfinancial.com Do I really need $1.16 million to retire? Not necessarily. That figure assumes $84,000 in annual spending funded by Social Security plus a 4% portfolio withdrawal. Guaranteed income changes the math: a couple with a pension or annuity covering their core expenses can retire securely on far less, because their withdrawal rate drops and market downturns stop threatening their paycheck. The right question isn't "what's my number?" — it's "where will my income come from?"

    56 min
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Ratings & Reviews

5
out of 5
3 Ratings

About

Hi, and welcome to "Money on Tap", your personal finance headquarters where we bring out the professionals, experience, and some fun in what we call 3 dimensional investing; utilizing insurance, brokerage, and fee-based planning. We believe all investments have merit, all investments have relevance and all investments have their time and place, depending on your goals and appetite for risk. On a weekly basis "Money on Tap" airs live in New England and is rebroadcast multiple times, as well as available on podcast. Our goal is to educate and debate the current relevant financial issues facing today's investors. As planners with Brayshaw Financial Group, LLC, we have over a century of experience among our planners, and find that many people simply cannot engage in healthy and constructive financial planning relationships due to the magnitude of the industry as a whole. As we educate and debate current topics and relate them to everyday concerns, we will help empower you to feel more confident and more aware as an investor. Mentioned on air: Our short sequence-of-returns risk video — watch it at brayshawfinancial.com.Read the companion blog: brayshawfinancial.com/blog Schedule a free consultation: app.greminders.com/t/9f3ce72e/initialconsulta Full Money On Tap episode library: brayshawfinancial.com/money-on-tapContact Us Phone: 855-226-8551 Email: info@yourmoneyontap.com Office: 116 South River Road, Bedford, NH 03110 Web: brayshawfinancial.com

Information

  • Creator
    Ben Brayshaw & Seth Krussman
  • Years Active
    2020 - 2026
  • Episodes
    356
  • Rating
    Clean
  • Copyright
    © Money On Tap
  • Show Website
    Money On Tap