The Real Money Pros The Real Money Pros

Who's ready to retire? Most of us are ready mentally, but how about financially? Jeremiah Bates and Alex Lundgren share real-life client stories about individuals who didn't believe they were prepared for retirement, only to discover they were, and vice versa. The easiest way to set yourself up for that next step? Prepare an in-depth plan. They also delve into the strategy of Roth conversions and how their clients utilize them to minimize taxes and free up extra funds in retirement.
Jeremiah and Alex explore methods to access your home's equity by utilizing HELOCs and reverse mortgages to supplement any necessary cash flow for your post-working years. They also discuss proper strategies for exiting rental properties, including 1031 exchanges, Delaware Statutory Trusts, and more.
 
Listen, Watch, Subscribe, Ask!
https://www.therealmoneypros.com
 
Hosts:
Jeremiah Bates, Financial Advisor
Alex Lundgren, RSSA®, AIF®, Financial Advisor
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SPONSORS:
 
Guild Mortgage:
https://guildmortgage.com
 
Ataraxis PEO
https://ataraxispeo.com/
 
Tree City Advisors of Apollon:
https://www.treecityadvisors.com
 
Apollon Wealth Management:
https://apollonwealthmanagement.com/
 
Formations:
https://get.formationscorp.com/real-money-pros
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Brian teaches us a good life lesson about paying your dues on time... If he had taken his own advice, he could have saved $8,000! Last Saturday, he was joined by fellow advisor Nic Daniels and attorney Steve Rausch to discuss the trickiness of filing taxes and the potential penalties for mistakes. Does Brian have a claim to avoid that large IRS penalty? The topic of timeshares also comes up, raising the question: How do you get out of it?
In a more serious tone, they discuss the Corporate Transparency Act, legislation that would require millions of LLCs across the country to file an extra form in the name of preventing money laundering. How will this be enforced for small businesses? Because a $500/day late fine can easily become unpayable. They question the government's understanding of the underlying issue and whether they truly believe this is a quick fix.
 
Listen, Watch, Subscribe, Ask!
https://www.therealmoneypros.com
 
Hosts:
Brian Wiley, Financial Advisor
Nic Daniels, BFA™, Financial Advisor
Steve Rausch, Senior Attorney, Gravis Law
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SPONSORS:
 
Guild Mortgage:
https://guildmortgage.com
 
Ataraxis PEO
https://ataraxispeo.com
 
Tree City Advisors of Apollon:
https://www.treecityadvisors.com
 
Apollon Wealth Management:
https://apollonwealthmanagement.com/
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Brian Wiley broadcasts from the suburbs of Chicago with fellow advisor, Ben Barzideh with Piershale Financial Group to dive deep into the world of investment methodologies, market volatility, retirement planning, and active money management. In this episode, they explore various investment approaches—from buy-and-hold to tactical strategies—highlighting the benefits, drawbacks, and considerations for retirees and pre-retirees. Discover the challenges retirees face amidst market fluctuations, the emotional impact of significant losses, and the importance of tailored retirement plans.
 
Listen, Watch, Subscribe, Ask!
https://www.therealmoneypros.com
https://www.piershalefinancial.com
 
Hosts:
Brian Wiley, Financial Advisor
Ben Barzideh, ChFC® , RFC®
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SPONSORS:
Guild Mortgage:
https://guildmortgage.com
 
Ataraxis PEO
https://ataraxispeo.com/offer
 
Tree City Advisors of Apollon:
https://www.treecityadvisors.com
 
Apollon Wealth Management:
https://apollonwealthmanagement.com/
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This past weekend, we welcomed fellow advisors and radio show hosts from Piershale Financial Group, based in Illinois. We began with advice on Social Security planning, discussing optimal benefit ages based on pension income, IRAs, and Roth conversions. We cautioned against over-reliance on pre-tax retirement accounts, advocating for diversification with Roth IRAs and taxable investments. Tax considerations were highlighted, focusing on managing brackets through strategies like Roth conversions.
 
In the second hour, the team delved into the importance of strategic planning for Social Security benefits. They covered optimal claiming ages, spousal benefits, survivor benefits, and the benefits of delaying until age 70 for growth. Additionally, they touched on tax efficiency in retirement, emphasizing Roth conversions, bracket management, and the impact of required minimum distributions. The conversation centered on Social Security benefits, discussing eligibility, taxation, and maximizing strategies, along with understanding the tax implications of retirement income sources such as pensions and investments.
 
Listen, Watch, Subscribe, Ask!
https://www.therealmoneypros.com
 
Guests:
Michael (Mike) Piershale, ChFC® , RFC®
Matt Nadeau, CFA, RFC®
 
Hosts:
Brian Wiley, Financial Advisor
Jeremiah Bates, Financial Advisor
Alex Lundgren, RSSA®, AIF®, Financial Advisor
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SPONSORS:
 
Guild Mortgage:
https://guildmortgage.com
 
Ataraxis PEO
https://ataraxispeo.com/offer
 
Tree City Advisors of Apollon:
https://www.treecityadvisors.com
 
Apollon Wealth Management:
https://apollonwealthmanagement.com/
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Do you ever look at your yearly premiums paid for insurance and wonder why you even pay that much for something that may never happen? But what if it does? Brian and Jeremiah talk about risk management, but not the kind you mitigate within your investment portfolio. They discuss the importance of life insurance, explain the differences between whole and term life policies, and give real-world examples of why our families absolutely need it. Plus, as we all start to finish up our taxes, they make a point as to why it's probably worth it to pay a tax preparer. Why? The same reason you may need an advisor.
 
Listen, Watch, Subscribe, Ask!
https://www.therealmoneypros.com
 
Hosts:
Brian Wiley, Financial Advisor
Jeremiah Bates, Financial Advisor
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SPONSORS:
 
Guild Mortgage:
https://branches.guildmortgage.com/id/meridian/dave-perry-835-hpdpe.html?utm_source=radio&utm_medium=description&utm_campaign=sponsor
 
Ataraxis PEO
https://ataraxispeo.com/offer
 
Tree City Advisors of Apollon:
https://www.treecityadvisors.com
 
Apollon Wealth Management:
https://apollonwealthmanagement.com/
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In this Easter day show, Brian dives into the nuanced world of financial advising, focusing on the hurdles advisors encounter when approaching sensitive subjects with clients. He shares his personal experiences and insights on how advisors should navigate discussions about retirement risks, overspending, and faulty investment strategies. The roles of financial advisors reach far beyond asset management, as they need to manage the expectations of their clients and address their emotional responses. How deep does the relationship with your advisor run?
 
Listen, Watch, Subscribe, Ask!
https://www.therealmoneypros.com
 
Host:
Brian Wiley, Financial Advisor
—————————————————————
SPONSORS:
 
Guild Mortgage:
https://branches.guildmortgage.com/id/meridian/dave-perry-835-hpdpe.html?utm_source=radio&utm_medium=description&utm_campaign=sponsor
 
Ataraxis PEO
https://ataraxispeo.com/offer
 
Tree City Advisors of Apollon:
https://www.treecityadvisors.com
 
Apollon Wealth Management:
https://apollonwealthmanagement.com/
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