Preparing For Retirement: Withdrawal Rates Your Money Momentum podcast

26:57

Is it possible for tips and social security not to be taxed? In this episode of 𝙔𝙤𝙪𝙧 𝙈𝙤𝙣𝙚𝙮 𝙈𝙤𝙢𝙚𝙣𝙩𝙪𝙢, CERTIFIED FINANCIAL PLANNER™ Professionals Tom Kennedy and Kevin M. Curley, II discuss the presidential election results and dive into central bank news and how the market is reacting to the incoming Trump administration. #taxstrategy #financialadvice #wealthmanagement #election2024 [Embed podcast player] Find it Fast: 00:00—Intro 01:01—Election thoughts 09:03—Revisit of magazine covers and headlines as indicators Central Bank Roundup: 18:32—Will there be more interest rate cuts? 20:40—What’s next? This material has been provided for general informational purposes only and does not constitute either tax or legal advice. Although we go to great lengths to make sure our information is accurate and useful, we recommend you consult a tax preparer, professional tax advisor, or lawyer. If you enjoyed this informative podcast, follow the Your Money Momentum podcast published twice monthly where you listen to your favorite pods, or watch our latest video session on YouTube at Your Money Momentum. Your Money Momentum podcast is produced by: Pamela Engstrom Music by: PWISBY " Ruff " Find us on: LinkedIn | Facebook | Instagram | X | YouTube The Financial Advisor(s) associated with this website may discuss and/or transact business only with residents in states which they are properly registered or licensed. No offers may be made or accepted from any resident of any other state. Please check Broker Check for a list of current registrations. Information presented on this site is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any product or security. Investments are not FDIC- or NCUA-insured, are not guaranteed by a bank or financial institution, and are subject to risks, including possible loss of the principal invested. Securities and advisory services offered through Commonwealth Financial Network®, Member FINRA / SIPC, a Registered Investment Advisor. Advisory services offered through Global Wealth Advisors are separate and unrelated to Commonwealth. The Global Wealth Advisors headquarters is located at 4400 State Hwy 121, Ste. 200, Lewisville, TX 75056, (972) 930-1238, or info@gwadvisors.net.…

Your Money Momentum

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What to Expect with the Presidential Election 22:01

21 weeks ago22:01

22:01

If you’re wondering what to expect with the presidential election, listen in for some tips on potential changes you might wish to make in your portfolio depending upon the election outcome. In this episode of 𝙔𝙤𝙪𝙧 𝙈𝙤𝙣𝙚𝙮 𝙈𝙤𝙢𝙚𝙣𝙩𝙪𝙢, CERTIFIED FINANCIAL PLANNER™ Professionals Tom Kennedy and Kevin M. Curley, II discuss the presidential election and some of the tax policy being floated by the candidates. To get the Tax Cut and Jobs Act Sunset Provision Comparison Guide for 2025 that was mentioned in this podcast, reach us at info@gwadvisors.net and we’ll be happy to send it to you. #taxstrategy #financialadvice #wealthmanagement #election2024 Find it Fast: 00:00—Intro 01:02—Election thoughts 07:59—What to expect with taxes, capital gains, and pledges made 12:15—Ordinary income tax rate Trump Tax Cuts: 15:22—Tax Cut and Jobs Act sunset comparisons This material has been provided for general informational purposes only and does not constitute either tax or legal advice. Although we go to great lengths to make sure our information is accurate and useful, we recommend you consult a tax preparer, professional tax advisor, or lawyer. If you enjoyed learning about the potential effects of the presidential election, be sure to follow the Your Money Momentum podcast published twice monthly where you listen to your favorite pods, or watch our latest video session on YouTube at Your Money Momentum. Your Money Momentum podcast is produced by: Pamela Engstrom Music by: PWISBY " Ruff " Find us on: LinkedIn | Facebook | Instagram | X | YouTube…

Your Money Momentum

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Tax Planning vs Tax Advice 27:28

23 weeks ago27:28

27:28

What is the difference between tax planning vs tax advice? In this episode of 𝙔𝙤𝙪𝙧 𝙈𝙤𝙣𝙚𝙮 𝙈𝙤𝙢𝙚𝙣𝙩𝙪𝙢, CERTIFIED FINANCIAL PLANNER™ Professionals Tom Kennedy and Kevin M. Curley, II discuss planning versus advice and the potential strategies used to lower your lifetime tax bill. #taxstrategy #financialadvice #wealthmanagement Find it Fast: What You Need to Know: 00:00—Intro 01:20—Tax planning vs tax advice 05:24—Technology and modeling strategies out Roleplay 11:07—Rate cut 14:24—Dock workers 15:56—S&P 15,000 prediction 18:21—Losing a fortune with Pelton 20:26—Founder of Barnes and Noble 22:32—Bond market vs. stock market This material has been provided for general informational purposes only and does not constitute either tax or legal advice. Although we go to great lengths to make sure our information is accurate and useful, we recommend you consult a tax preparer, professional tax advisor, or lawyer. If you enjoyed learning about tax planning and strategies, be sure to follow the Your Money Momentum podcast published twice monthly where you listen to your favorite pods, or watch our latest video session on YouTube at Your Money Momentum. Your Money Momentum podcast is produced by: Pamela Engstrom Music by: PWISBY " Ruff " Find us: LinkedIn | Facebook | Instagram | X (Twitter) | YouTube The Financial Advisor(s) associated with this website may discuss and/or transact business only with residents in states which they are properly registered or licensed. No offers may be made or accepted from any resident of any other state. Please check Broker Check for a list of current registrations. Information presented on this site is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any product or security. Investments are not FDIC- or NCUA-insured, are not guaranteed by a bank or financial institution, and are subject to risks, including possible loss of the principal invested. Securities and advisory services offered through Commonwealth Financial Network®, Member FINRA / SIPC, a Registered Investment Advisor. Advisory services offered through Global Wealth Advisors are separate and unrelated to Commonwealth. Global Wealth Advisors Headquarters is located at 4400 State Hwy 121, Ste. 200, Lewisville, TX 75056, (972) 930-1238, or at info@gwadvisors.net.…

Your Money Momentum

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Tax Efficient Asset Allocation Strategies 28:22

30 weeks ago28:22

28:22

You may feel confident with your asset allocation strategies, but how do you know if you’ve optimized them for tax efficiency? In this episode of 𝙔𝙤𝙪𝙧 𝙈𝙤𝙣𝙚𝙮 𝙈𝙤𝙢𝙚𝙣𝙩𝙪𝙢, CERTIFIED FINANCIAL PLANNER™ Professionals Tom Kennedy and Kevin M. Curley, II discuss asset allocation location buckets and which bucket for which account. They also cover recent Central Bank activity and what you might expect in the coming month. #assetallocation #investmentstrategies #wealthmanagement Find it Fast: Asset Allocation Strategies Tax Efficiency: 00:00—Intro 01:29—Asset allocation location 05:16—Which bucket for which account Dr. Doom 11:02—The everything ETF and indirect exposure Central Bank Roundup 14:58—Lower rates are coming 19:52—Japan chaos and Yenmageddon 23:42—Sweden eases policy early This material has been provided for general informational purposes only and does not constitute either tax or legal advice. Although we go to great lengths to make sure our information is accurate and useful, we recommend you consult a tax preparer, professional tax advisor, or lawyer. If you enjoyed learning about the tax-efficient asset allocation strategies available to you, be sure to follow the Your Money Momentum podcast published twice monthly where you listen to your favorite pods, or watch our latest video session on YouTube at Your Money Momentum. Your Money Momentum podcast is produced by: Pamela Engstrom Music by: PWISBY " Ruff " Find us: LinkedIn | Facebook | Instagram | X (Twitter) | YouTube…

Your Money Momentum

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SECURE Act 2.0 Changes on Retirement Savings 29:58

32 weeks ago29:58

29:58

If you’re looking to maximize your retirement savings, the SECURE Act 2.0 made some significant changes. In this episode of 𝙔𝙤𝙪𝙧 𝙈𝙤𝙣𝙚𝙮 𝙈𝙤𝙢𝙚𝙣𝙩𝙪𝙢, CERTIFIED FINANCIAL PLANNER™ Professionals Tom Kennedy and Kevin M. Curley, II cover the effects of the SECURE Act 2.0 on retirement savings including business owners, retirees, and employer-sponsored plans. Find it Fast: Retirement Savings Plans 00:00—Intro 01:16—SECURE Act 2.0 effects 02:25—Change in RMD rules and penalty changes 05:30—SEPP & SIMPLE IRAs Roth options and new limits 08:08—529 leftover funds rollovers into ROTH 10:17—Qualified charitable contribution changes 11:35—Employer matching and student loan payments 12:16—ABLE plans 13:05—Low-income and gig workers savers match Toss Up 14:06—Wealth taxes17:20—Achieving longer lifespans20:28—Warren Buffet’s cash 23:54—Working from home 25:20—Elections and sell-offs This material has been provided for general informational purposes only and does not constitute either tax or legal advice. Although we go to great lengths to make sure our information is accurate and useful, we recommend you consult a tax preparer, professional tax advisor, or lawyer. If you enjoyed learning about changes SECURE 2.0 made on retirement savings, be sure to follow the Your Money Momentum podcast published twice monthly where you listen to your favorite pods, or watch our latest video session on YouTube at Your Money Momentum. Your Money Momentum podcast is produced by: Pamela Engstrom Music by: PWISBY " Ruff " Find us: LinkedIn | Facebook | Instagram | X (Twitter) | YouTube…

Your Money Momentum

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Preparing for Retirement: Withdrawal Rates 30:08

35 weeks ago30:08

30:08

If you’ll be retiring soon, you may wonder how you’ll pay for it. In this episode of 𝙔𝙤𝙪𝙧 𝙈𝙤𝙣𝙚𝙮 𝙈𝙤𝙢𝙚𝙣𝙩𝙪𝙢, CERTIFIED FINANCIAL PLANNER™ Professionals Tom Kennedy and Kevin M. Curley, II chat about ways to plan your withdrawal rates in retirement so your money lasts as long as possible. They also discuss interest rates, the Chinese regional bank crisis, and whether India will take over the number one spot as a world superpower. Find it Fast: Withdrawal rates and how much do I need for retirement? 00:00—Intro 01:44—What do I need to know about withdrawal rates? Central Bank Roundup 10:35—Interest rates 14:04—China regional banking crisis Something or Nothing 16:27—Chinese robo taxis 19:33—India stock market 22:45—Shadow banking 26:24—Peloton convertible notes This material has been provided for general informational purposes only and does not constitute either tax or legal advice. Although we go to great lengths to make sure our information is accurate and useful, we recommend you consult a tax preparer, professional tax advisor, or lawyer. If you enjoyed learning about safe withdrawal rates, be sure to follow the Your Money Momentum podcast published twice monthly where you listen to your favorite pods, or watch our latest video session on YouTube at Your Money Momentum. Your Money Momentum podcast is produced by: Pamela Engstrom Music by: PWISBY " Ruff " Find us: LinkedIn | Facebook | Instagram | X (Twitter) | YouTube…

Your Money Momentum

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What are Structured Products? 24:48

37 weeks ago24:48

24:48

If you’re wondering if structured products can help smooth out the effects of market volatility on your investment portfolio, you’re not alone. In this episode of 𝙔𝙤𝙪𝙧 𝙈𝙤𝙣𝙚𝙮 𝙈𝙤𝙢𝙚𝙣𝙩𝙪𝙢, CERTIFIED FINANCIAL PLANNER™ Professionals Tom Kennedy and Kevin M. Curley, II discuss why investment banks use them, how the average investor can take advantage of them, and the risks involved. Find it Fast: What are Structured Products 00:00—Intro 01:15—The definition of structured products 06:27—Who does this make sense for and who should skip it? 07:52—What are the levels? 09:50—How do you buy them? 10:55—What are the risks and benefits? Nostra-Thomas 12:46—Are stocks at risk for a loss decade? 15:43—Political shakeups 17:15—What is the next crisis? 19:42—Is low volatility here to stay? 22:16—What is the current trading temperature? Structured products are complex, illiquid investments whose returns may be based on the underlying price movements of a single security, a basket of securities, an index, a commodity, a debt issuance, and/or a foreign currency. Many economic and market factors will affect the value of structured products, and such factors may offset or magnify one another. Risk factors may include interest rate levels, implied volatility, and time remaining to maturity. Other risks may apply. Please carefully review the disclosure document or offering memorandum before investing. This material has been provided for general informational purposes only and does not constitute either tax or legal advice. Although we go to great lengths to make sure our information is accurate and useful, we recommend you consult a tax preparer, professional tax advisor, or lawyer. If you enjoyed learning about structured products, be sure to follow the Your Money Momentum podcast published twice monthly where you listen to your favorite pods, or watch our latest video session on YouTube at Your Money Momentum. Your Money Momentum podcast is produced by: Pamela Engstrom Music by: PWISBY " Ruff " Find us: LinkedIn | Facebook | Instagram | X (Twitter) | YouTube…

Your Money Momentum

1
Don’t Pay the Sticker Price for College 34:57

39 weeks ago34:57

34:57

If you’re shocked by the price of college, wait until you find out which schools might offer little-known discounts. In this episode of 𝙔𝙤𝙪𝙧 𝙈𝙤𝙣𝙚𝙮 𝙈𝙤𝙢𝙚𝙣𝙩𝙪𝙢, CERTIFIED FINANCIAL PLANNER™ Professionals Tom Kennedy and Kevin M. Curley, II discuss ways to lower the price of college, strategies to pay for it, and student loans. As mentioned by Kevin in the podcast, you can check out: collegeaidpro.com to view some of the material discussed. [Embed podcast player] Watch the video podcast version on YouTube [link] Find it Fast: Price of College Paying for College 00:00—Intro 00:41—Which colleges offer discounts? 09:41—Finding free money 13:20—Student loans Toss-up 15:56—Value of college 18:20—Published or net cost 19:18—Hybrid or on-site work 22:00—Inflation vs recession 24:08—MRNA for cancer treatment 26:36—Low birth rates and immigration or robots 29:01—Asset allocation This material has been provided for general informational purposes only and does not constitute either tax or legal advice. Although we go to great lengths to make sure our information is accurate and useful, we recommend you consult a tax preparer, professional tax advisor, or lawyer. If you enjoyed learning about reducing the cost of college, be sure to follow the Your Money Momentum podcast published twice monthly where you listen to your favorite pods or watch our latest video session on YouTube at Your Money Momentum. Your Money Momentum podcast is produced by: Pamela Engstrom Music by: PWISBY " Ruff " Find us: LinkedIn | Facebook | Instagram | X (Twitter) | YouTube…

Your Money Momentum

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Property and Casualty Insurance Shopping Guide 27:04

42 weeks ago27:04

27:04

You’ve probably noticed that your homeowners, auto, and umbrella insurance costs are on the rise. In this episode of 𝙔𝙤𝙪𝙧 𝙈𝙤𝙣𝙚𝙮 𝙈𝙤𝙢𝙚𝙣𝙩𝙪𝙢, CERTIFIED FINANCIAL PLANNER™ Professionals Tom Kennedy and Kevin M. Curley, II offer an insurance shopping guide with strategies for shopping around and lowering your property and casualty insurance costs. P & C Shopping Guide 00:00—Intro 01:33—Insurance costs on the rise 03:35—Strategies for saving money on insurance* Role Play 12:39—Alex Rodriguez 13:53—Singapore shophouses 16:15—Oaktree Capital 18:46—Is the yield curve inversion is wrong 22:52—Recreational drugs for medical treatment *Global Wealth Advisors is neither endorsed by nor affiliated with any of the insurance companies mentioned. This material has been provided for general informational purposes only and does not constitute either tax or legal advice. Although we go to great lengths to make sure our information is accurate and useful, we recommend you consult a tax preparer, professional tax advisor, or lawyer. If you enjoyed this insurance shopping guide, be sure to follow the Your Money Momentum podcast published twice monthly where you listen to your favorite pods or watch our latest video session on YouTube at Your Money Momentum. Your Money Momentum podcast is produced by: Pamela Engstrom Music by: PWISBY " Ruff " Find us: LinkedIn | Facebook | Instagram | X (Twitter) | YouTube…

Your Money Momentum

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Election Year and the Markets 31:43

44 weeks ago31:43

31:43

What should investors be doing during an election year? In this episode of 𝙔𝙤𝙪𝙧 𝙈𝙤𝙣𝙚𝙮 𝙈𝙤𝙢𝙚𝙣𝙩𝙪𝙢, CERTIFIED FINANCIAL PLANNER™ Professionals Tom Kennedy and Kevin M. Curley, II host Global Wealth Advisors’ Chief Investment Officer Keith Sprauer. They discuss how election years affect the market and how politics plays into the mix. They also jump into topics like meme stocks, public official trading, and HELOCs in the Something or Nothing segment. Find it Fast: How the election year affects the market Guest Speaker 00:00—Intro 01:36—History and election years 05:53—Does a divided government affect the market? 08:09—Tax cut bill sunsetting in 2025 10:24—What should investors be doing? Something or Nothing 14:05—Meme stocks 16:01—US worker hours vs Europe 18:09—Bird Flu 18:50—Watching public official trading 21:07—China space station 23:00—Will HELOCs drive the economy? 26:33—Divergence along political lines 28:45—Diverging monetary policy This material has been provided for general informational purposes only and does not constitute either tax or legal advice. Although we go to great lengths to make sure our information is accurate and useful, we recommend you consult a tax preparer, professional tax advisor, or lawyer. If you enjoyed listening to our market recap, be sure to follow the Your Money Momentum podcast published twice monthly where you listen to your favorite pods or watch our latest video session on YouTube at Your Money Momentum. Your Money Momentum podcast is produced by: Pamela Engstrom Music by: PWISBY " Ruff " Find us: LinkedIn | Facebook | Instagram | X (Twitter) | YouTube…

Your Money Momentum

1
Interest Rate Update 15:21

46 weeks ago15:21

15:21

If you’ve wondering whether there will be an interest rate cut this year, you’re not alone. In this episode of 𝙔𝙤𝙪𝙧 𝙈𝙤𝙣𝙚𝙮 𝙈𝙤𝙢𝙚𝙣𝙩𝙪𝙢, CERTIFIED FINANCIAL PLANNER™ Professionals Tom Kennedy and Kevin M. Curley, II give another rousing round of Central Bank Roundup and discuss whether investors can expect a rate cut or increase along with what some other countries are doing. Find it Fast: Central Bank Roundup: 00:00—Intro 01:23—Will there be an interest rate cut this year? 05:46—Mortgage rates on the move 07:40—Bank of England 11:30—Bank of Japan This material has been provided for general informational purposes only and does not constitute either tax or legal advice. Although we go to great lengths to make sure our information is accurate and useful, we recommend you consult a tax preparer, professional tax advisor, or lawyer. If you enjoyed learning more about what the Fed plans to do with interest rates, be sure to follow the Your Money Momentum podcast published twice monthly where you listen to your favorite pods or watch our latest video session on YouTube at Your Money Momentum. Your Money Momentum podcast is produced by: Pamela Engstrom Music by: PWISBY " Ruff " Find us: LinkedIn | Facebook | Instagram | X (Twitter) | YouTube…

Your Money Momentum

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Your Top 6 Market Questions Answered 29:55

49 weeks ago29:55

29:55

If you’re invested in the market and want a more specific definition for some of the jargon and topics in the news lately, this podcast episode is dedicated to you. In this episode of 𝙔𝙤𝙪𝙧 𝙈𝙤𝙣𝙚𝙮 𝙈𝙤𝙢𝙚𝙣𝙩𝙪𝙢, CERTIFIED FINANCIAL PLANNER™ Professionals Tom Kennedy and Kevin M. Curley, II unzip the mailbag and answer your top six questions about the market and what it might mean to you. Find it Fast: Mailbag: 00:00—Intro 01:10—What are yield curve inversions? 04:36—What are credit spreads? 08:40—What is the impact of immigration on housing and fertility? 15:08—Expat life can I retire abroad? 18:53—What drives the stock market? 23:06—What do I need to know about private equity? Bold Predictions: 26:39—The Masters This material has been provided for general informational purposes only and does not constitute either tax or legal advice. Although we go to great lengths to make sure our information is accurate and useful, we recommend you consult a tax preparer, professional tax advisor, or lawyer. If you enjoyed learning about the types of mailbag questions we receive, be sure to follow the Your Money Momentum podcast published twice monthly where you listen to your favorite pods or watch our latest video session on YouTube at Your Money Momentum. Your Money Momentum podcast is produced by: Pamela Engstrom Music by: PWISBY " Ruff " Find us: LinkedIn | Facebook | Instagram | X (Twitter) | YouTube…

Your Money Momentum

1
Picking Good Stocks: What Do You Look For? 32:04

51 weeks ago32:04

32:04

If you’re invested in the stock market, how do you pick your stocks? In this episode of 𝙔𝙤𝙪𝙧 𝙈𝙤𝙣𝙚𝙮 𝙈𝙤𝙢𝙚𝙣𝙩𝙪𝙢, CERTIFIED FINANCIAL PLANNER™ Professionals Tom Kennedy and Kevin M. Curley, II discuss the different types of analysis when selecting stocks including technical vs fundamental analysis, qualitative vs quantitative analysis, and evaluating and identifying a process. Find it Fast: Individual Stock Picking 00:00—Intro 01:05—Technical analysis vs fundamental analysis 04:25—Qualitative vs quantitative analysis Something or Nothing 19:03—Bond restructuring 21:52—If the economy is doing well at current rates, why change them?24:41—What Texas can teach about housing?27:58—Supplemental leverage ratio This material has been provided for general informational purposes only and does not constitute either tax or legal advice. Although we go to great lengths to make sure our information is accurate and useful, we recommend you consult a tax preparer, professional tax advisor, or lawyer. If you enjoyed learning about the strategies for picking good stocks be sure to follow the Your Money Momentum podcast published twice monthly where you listen to your favorite pods or watch our latest video session on YouTube at Your Money Momentum. Your Money Momentum podcast is produced by: Pamela Engstrom Music by: PWISBY " Ruff " Find us: LinkedIn | Facebook | Instagram | X (Twitter) | YouTube…

Your Money Momentum

1
Life Insurance Strategies 29:46

1 year ago29:46

29:46

Need or greed, using life insurance strategies can help protect your family and potentially add to your retirement income. In this episode of 𝙔𝙤𝙪𝙧 𝙈𝙤𝙣𝙚𝙮 𝙈𝙤𝙢𝙚𝙣𝙩𝙪𝙢, CERTIFIED FINANCIAL PLANNER™ Professionals Tom Kennedy and Kevin M. Curley, II discuss the specifics about life insurance and the flexibility available. They also investigate whether AI, gold, US debt, and tech dividends are something to watch. Find it Fast: Life Insurance Strategies About Life Insurance 00:00—Intro 00:58—Insurance strategies 01:30—Term life 05:23—Permanent insurance 09:32—Investment options 13:00—Caution needed Something or Nothing 14:28—Artificial intelligence 16:46—Gold 21:02—Interest payment on US debt 23:12—Tech dividends 26:09—CPI print hotter than expected Bold Predictions 27:10—March Madness This material has been provided for general informational purposes only and does not constitute either tax or legal advice. Although we go to great lengths to make sure our information is accurate and useful, we recommend you consult a tax preparer, professional tax advisor, or lawyer. If you enjoyed learning about insurance strategies be sure to follow the Your Money Momentum podcast published twice monthly where you listen to your favorite pods or watch our latest video session on YouTube at Your Money Momentum. Your Money Momentum podcast is produced by: Pamela Engstrom Music by: PWISBY " Ruff " Find us: LinkedIn | Facebook | Instagram | X (Twitter) | YouTube…

Your Money Momentum

1
About Employer Stock Programs 29:27

1 year ago29:27