Podcast Episodes

2109, 2018

Your Life Your Wealth – Episode 138

By |September 21st, 2018|Categories: new techology|Tags: , , |

NEW ELECTRONICS THAT SHOULD BE ON YOUR “MOST WANTED” LIST

I talk with Anthony Mongeluzo, President of PCS, an IT services and solutions company. We discuss the new iPhones and Watches from Apple. Many of the products offer advancements that are particularly useful for older adults. The new Apple Watch features auto work-out detection, heart monitoring functions, the ability to perform an EKG, and the ability to detect a fall with automatic notification of emergency services.

Program Length: 14 minutes

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1809, 2018

Your Life Your Wealth – Episode 137

By |September 18th, 2018|Categories: Running out of money in retirement|Tags: , |

HOW MUCH WILL YOU SPEND EACH YEAR IN RETIREMENT?

The biggest fear many retirees have is running out of money. To address this major concern, I analyze a new study published in the Wall Street Journal which helps determine how much money you may need each year of your retirement. I also discuss why it’s necessary to go beyond the numbers to best understand what is really important to you in your retired years.

Program Length: 21 minutes

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1409, 2018

Your Life Your Wealth – Episode 136

By |September 14th, 2018|Categories: P. J. O'Rourke|Tags: , , |

A CONVERSATION WITH P. J. O’ROURKE

I traveled to an event at the CATO Institute in New York City and had the pleasure of interviewing one of my favorite authors, P. J. O’Rourke. He’s a political satirist, journalist, and the author of 19 books, including his latest “None of My Business: P. J. Explains Money, Banking, Debt, Equity, Assets, Liabilities, and Why He’s Not Rich and Neither Are You.” During our wide-ranging discussion we cover his book, his assessment of the Trump economy, his take on millennials, and the true value of a college education.

Program Length: 21 minutes

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1109, 2018

Self-Made Millionaires- Episode 135

By |September 11th, 2018|Categories: millionaires|Tags: , , , |

THE HABITS OF SELF-MADE MILLIONAIRES

Do you wonder what separates self-made millionaires from the rest of the population? Contrary to the popular stereotype that millionaires just got lucky, a new study demonstrates the common habits of a successful individual, and luck isn’t one of them. A recent behavioral survey conducted by Tom Corley identified the universal habits of highly successful self-made millionaires. Join me on the show to learn the practical benefits of these lifestyle habits. Given my experience working with self-made millionaires, I’ll give you my take on Corley’s study.

For instance, most of the habits that self-made millionaires revolve around maintaining a healthy lifestyle. Do you make time for yourself to workout each day? Do you make time to read? Do you seize the day and wake up early each morning? Do you get to bed early and get enough rest? Or, are you on the opposite end of the equation? Do you spend more time on Netflix while ignoring healthier ways to spend your time? Self-made millionaires know how to avoid distractions such as Netflix or spending hours on Facebook. After listening to this episode, you may feel inspired to pursue these healthier options. I also couldn’t agree more that self-made millionaires make multiple incomes. More than half of millionaires have at least three different sources of income. A critical component of these multiple income streams is being passionate about each of these income streams.

Also, I find gaps in Corley’s study, as great as it sounds to be a self-made millionaire, there is also a loneliness you may experience from pursuing this path. Not everyone can be a self-made millionaire. In conclusion, you’ll learn a lot about the habits of highly successful people in this episode. Self-made millionaires don’t have it easy, they make sacrifices and remain disciplined to achieve their goals.

What are your habits that you take pride in that brought you to where you are today? Send me an email at asksteve@cfnplan.com. For the full-story, you can view the full article here.

Program Length: 13 minutes

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709, 2018

Episode 134-Trump’s Executive Order on Retirement

By |September 7th, 2018|Categories: Donald Trump, Retirement|Tags: , , |

PRESIDENT TRUMP’S EXECUTIVE ORDER SEEKS TO IMPROVE RETIREMENT SECURITY FOR ALL AMERICAN WORKERS

President Trump’s executive order to review certain rules that govern retirement accounts and future required minimum distributions. Although the media tends to try to invoke fears and criticism about President Trump’s new proposal, the proposed plan will help all retirees, not just the rich. Plus, this proposal can be mutually beneficial to small business owners as well as the employees. This podcast will cover the two critical components of the changes that could help retirees.

The first component will make it easier for small businesses to offer retirement plans, like the 401(k), at the same cost and opportunity larger businesses can offer their employees. A recent study reveals that “37 percent of small-business owners say such plans are too expensive to set up, and 22 percent say their organization does not have the resources to administer a plan.” This will help bridge this gap for small business owners to offer a better plan.

Another component will impact the age you must begin taking RMD’s, known as Required Minimum Distributions. The proposal suggests pushing back the current age of 70 ½ because life expectancy has changed since it was first established. The proposal wants to update calculations to make sure retirees are able to maximize the amount of money they can save before withdrawals begin.

President Trump’s stated goal is to strengthen retirement security for American workers and expand access to workplace retirement savings plans. President Trump wants to make it easier for small businesses to offer retirement plans by joining together with other small business to gain economics of scale enabling them to offer a more cost-effective plan to their employees.

To discuss the intended result of President Trump’s order, I’m joined by Jim Tate and Tim Joseph, both CPAs, Wealth Advisors and Tax Specialists at Cordasco Financial Network. Our team will discuss in-depth on why this can be very beneficial when it comes to your retirement. You will learn what we do at Cordasco Financial Network when it comes to tax optimization as well. You can read the full article about President Trump’s order here.

 

Program Length: 19 minutes

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Radio Show Episodes

2109, 2018

Your Life Your Wealth Radio Show – September 22, 2018

By |September 21st, 2018|Cyber Security, Estate Planning, Radio Show|



ARE YOUR IMPORTANT DOCUMENTS SAFE?

NEW ELECTRONICS THAT SHOULD BE ON YOUR “MOST WANTED” LIST

ESTATE PLANNING ESSENTIALS

FROM "THE YOUR LIFE YOUR WEALTH" MAIL BAG

Program Length: 50 minuets

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1409, 2018

Your Life Your Wealth Radio Show – September 15, 2018

By |September 14th, 2018|P. J. O'Rourke, Radio Show, Running out of money in retirement|



A CONVERSATION WITH P. J. O’ROURKE

HOW MUCH WILL YOU SPEND EACH YEAR IN RETIREMENT?

Program Length: 50 minutes

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709, 2018

Your Life Your Wealth Radio Show- September 8, 2018

By |September 7th, 2018|Donald Trump, Radio Show, Retirement|



PRESIDENT TRUMP SEEKS TO IMPROVE RETIREMENT SECURITY FOR ALL AMERICAN WORKERS

SETTING THE RECORD STRAIGHT

HABITS OF HIGHLY SUCCESSFUL PEOPLE.

Program Length: 50 minutes

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3108, 2018

Your Life Your Wealth Radio Show- September 1, 2018

By |August 31st, 2018|annuities, college, Radio Show|



AN ALTERNATIVE TO THE SKYROCKETING COSTS OF HIGHER EDUCATION

ANNUITIES: INVESTMENT OR INSURANCE?

FROM THE LISTENER MAILBAG

Program Length: 50 minutes

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2408, 2018

Radio Show- August 25, 2018

By |August 24th, 2018|business succession, Radio Show, tariffs, taxes|

NEW TAXES ON VACATION HOME RENTALS IN NEW JERSEY

PRESIDENT TRUMP’S ECONOMIC WARFARE

PLANNING FOR THE FUTURE OF YOUR BUSINESS

Program Length: 50 Minutes

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