Money Wisdom Joel Johnson

It’s time once again to open up the mailbag and get to as many of your questions as we can on this week’s episode of the podcast. We will touch on some great topics today like paying for home renovations, life insurance policies, and college funding options.
Today's show rundown: 
0:22 – Mailbag question on paying for remodeling expenses
2:32 – Mailbag question on college funds for grandchildren.
4:28 – Mailbag question on life insurance  
6:12 – Mailbag question on prospectus fine print
8:05 – Mailbag question on investing extra cash
 
To start your Money Map review process, visit us online: http://johnsonbrunetti.com 

Today we’re clearing up some common beliefs about retirement and financial planning that just aren’t as true as you think.
 
Read more and get additional financial resources: http://johnsonbrunetti.com 
 
What we discuss in this episode: 
2:05 – Shifting from stocks to bonds removes volatility
3:25 – Life insurance is no longer necessary in retirement
4:40 – You’ll need less income while you’re retired
6:53 – You’ll be in a lower tax bracket when you retire
8:23 – Financial planning today is much easier to do without a professional

It’s time to open up the mailbag once again and answer the questions that are on your mind. Today’s episode will cover pension payments, paying off debt with retirement money, legacy planning, and changing financial advisors.
 
What we discuss in this episode: 
0:24 – Mailbag question on pension payments
3:06 – Mailbag question on taking retirement savings to pay house
6:22 – Mailbag question on legacy planning
8:17 – Mailbag question on changing advisors
 
To take advantage of our Money Map review process, visit us online: http://johnsonbrunetti.com 

While financial planning is crucial for people at all stages of their life, that final decade of your working career requires extra attention. This will be your chance to really drill down on where you stand and determine how to get where you want to go.
 
Read more and get additional financial resources: http://johnsonbrunetti.com 
 
What we discuss in this episode: 
1:12 – What’s important for you in retirement?
2:56 – Have most people thought through retirement?
4:13 – Know your numbers
7:20 – Getting a handle on healthcare
8:25 – Understanding how needs are going to change over time
 

The fortune cookie is a nice touch at the end of a good meal but how much value do you place on the words inside? Today we’re going to crack open some fortunes and find out what wisdom we can gain for our own financial plan.
 
Read more and get additional financial resources: http://johnsonbrunetti.com 
 
What we discuss in this episode: 
1:07 – Crisis is opportunity riding on a dangerous wind
2:20 – A feather in the hand is better than a bird in the air  
4:18 – Accept something you cannot change and you will feel better
6:12 – The greatest danger could be your stupidity
7:59 – A foolish man listens to his heart
12:31 – Don’t let statistics do a number on you
14:00 – Hard work pays off in the future. Laziness pays off now
17:58 – Mailbag question on taxes on stock sales
19:35 – Mailbag question on homebuying budget

Let’s say you’ve walked away from your job and started living life in retirement with your Social Security benefits, but a job offer that was too good to refuse suddenly showed up. How will this impact the benefits you’ve already claimed? We’ll tackle that question on the podcast today plus others on retirement withdrawals and divorce.
 
Read more and get additional financial resources: http://johnsonbrunetti.com 
 
What we discuss in this episode: 
1:16 – Mailbag question on Social Security
2:21 – So many Social Security considerations
4:35 – Mailbag question on paying a large tax bill
6:47 – Mailbag question on financial consequences of divorce