Stay Wealthy

Business & Economics Podcasts >

Retirement planning strategies in plain English. The Stay Wealthy Podcast will teach you how to reduce taxes, invest smarter, and make work optional in retirement. Award-winning financial expert, Taylor Schulte, tackles topics such as IRA's, 401(k)'s, retirement income strategies, insurance, pensions, social security and more. Every episode will give you the tools you need to preserve your hard-earned money and "stay wealthy" in retirement. Learn more and join the community at www.youstaywealthy.com.

Retirement planning strategies in plain English. The Stay Wealthy Podcast will teach you how to reduce taxes, invest smarter, and make work optional in retirement. Award-winning financial expert, Taylor Schulte, tackles topics such as IRA's, 401(k)'s, retirement income strategies, insurance, pensions, social security and more. Every episode will give you the tools you need to preserve your hard-earned money and "stay wealthy" in retirement. Learn more and join the community at www.youstaywealthy.com.

More Information

Location:

United States

Genres:

Business & Economics Podcasts

Description:

Twitter:

@DefineFinancial

Language:

English

Contact:

619-886-5505

Website:

https://www.youstaywealthy.com

Email:

taylor@youstaywealthy.com

Episodes

How to Invest for a 30+ Year Retirement with Ashby Daniels, CFP®

6/25/2019

Retirement planning expert, Ashby Daniels, CFP® joins us on the show today to talk about how to properly plan and invest for a 30+ year retirement. In today’s episode you are going to learn three things: For all the links and resources mentioned in this episode, visit www.youstaywealthy.com/47

Duration:00:46:39

Home & Auto Insurance: How to Maximize Your Policies and Save Money

6/11/2019

Homeowners insurance is more than just another bill the mortgage company makes us pay every year. It’s the price we pay for peace of mind if our property is damaged in a fire or destroyed by a natural disaster. Unfortunately, homeowners insurance isn’t cheap. And if you don’t take steps to mitigate the cost of this coverage, you could wind up paying A LOT more than you need to. Auto insurance isn’t any different. It’s costly but wildly important. The good news is you have more control...

Duration:00:27:28

Should You Get in on the Next Big IPO?

5/28/2019

Uber and Lyft are two big companies that made a huge splash with their IPOs recently, but it remains to be seen whether either will become profitable. Both have posted billions in losses so far and it doesn’t seem like that will change any time soon. With that in mind, it makes you wonder why so many investors pay tons of money to invest in IPOs as soon as they can. I mean, what’s the big deal? In today’s show, I’m going to dive into this topic and provide some academic data that sheds...

Duration:00:21:15

Why You May Need Disability Insurance — Even if You Are Approaching Retirement

5/14/2019

It’s easy to believe you’ll always be in great health, but the truth is, none of us knows what the future brings. You may be in great shape today but find yourself gravely ill or disabled within a few weeks. This change of events would inevitably muck up your retirement plans, and a loss in income could even leave you scrambling to keep up with regular bills. That’s where disability insurance kicks in. This type of coverage can replace part of your income when you become sick or disabled...

Duration:00:18:38

Want to Retire? Avoid These Three Tragic Investing Mistakes

4/30/2019

When it comes to investing, historical returns show us that, for the most part, a buy-and-hold strategy will always outperform an active one. This means that, once you have a concrete investing plan in place, you should stick with it through thick and thin — and no matter what the market does on any given day. But that doesn’t mean you can randomly buy stocks and bonds and expect things to go your way. Well, you can, I guess...but you will likely regret it for years to come if you do. In...

Duration:00:42:26

Saving for a Home? Don’t Make These Mistakes With Your Down Payment

4/16/2019

Buying a home comes with huge financial implications, and many of them come into play well before you make an offer and close on your mortgage. You could spend months, years, or even decades saving up the down payment for your home — and that’s especially true if you plan to save 20% or more or if you live in an expensive area. To make the most of your situation, you’ll need to focus on two main imperatives — figuring out where to save your down payment funds, and deciding on a mortgage...

Duration:00:43:41

When to Take Social Security + How to Fix a Common Mistake

4/2/2019

The most common question about Social Security is "when should I take it?" It’s a simple question but there are a number of factors that need to be considered before you can accurately answer. If you're already taking Social Security, don't panic. There may be a solution for you if you want to change the timing of your benefits after listening to this episode. To summarize, today on the show I'm talking about: Show Notes & Links www.youstaywealthy.com/41 DISCLAIMER: This podcast is for...

Duration:00:14:31

How to Protect Your Digital Assets with Jamie Hopkins

3/19/2019

Think you don’t have anything of value online? Think again. The reality is, almost everyone who uses the internet in any capacity has digital assets to protect. Digital assets can include any account or information you preserve on the web — things like email accounts and your social media accounts. A digital asset could also be anything you own online, such as a personal blog or a website for your business. If your goal is protecting yourself and your heirs from modern pitfalls like having...

Duration:00:43:02

How to Lower Taxes in Retirement

3/5/2019

Are you a working professional? If so, now is the perfect time to make smart moves to lower taxes in retirement. Nearing retirement or already retired? Don't worry, it's not too late to win the game against the I.R.S. Remember, it's very possible to have a higher tax bill in retirement than as a working professional. Where do these taxes come from? Without the proper planning, you could be in for a rude awakening. Check out this week's podcast episode to learn how you can reduce your...

Duration:00:34:43

10 Biggest Mistakes to Avoid When Hiring a Financial Advisor

2/19/2019

Did you know anyone can call themselves a financial advisor? Or a financial planner, a wealth manager, an investment manager… the list goes on and on. Believe it or not, these titles have no legal or regulatory meaning. They’re not evidence of experience or education. They’re just marketing tools. In fact, you could call yourself a wealth manager right now if you wanted! That’s just one reason why finding a trained, experienced, and legitimate financial advisor who works in your best...

Duration:00:32:43

Avoid Massive Investment Mistakes by Using an Investment Policy Statement (IPS)

2/5/2019

Decades of hard work and savings can be wiped away with one bad investment decision. Don't believe me? Just ask this guy: "I took out a $75,000 mortgage, put it all in bitcoin (at $19,442) and right now I have $48,639 left!!! WTF!!! DO I SELL OR KEEP HOLDING!?!?!" (Twitter, December 21, 2017) If you have any amount of money invested in stocks and bonds (or a home you are tempted to leverage), you need something to protect you from making catastrophic mistakes. That's where an Investment...

Duration:00:28:58

3 Super-Easy (and Important!) Year-End Planning Tips

12/18/2018

In this episode, I share: If you have any more questions, please contact us at podcast@staywealthsandiego.com Thanks for Listening Be sure to subscribe on iTunes, Stitcher, Spotify, Android, or wherever you get your podcasts. And feel free to drop us a line at podcast@staywealthsandiego.com DISCLAIMER: This podcast is for informational and entertainment purposes only and should not be relied upon as a basis for investment decisions. This podcast is not engaged in rendering legal,...

Duration:00:17:16

From Store Manager to Financial Independence by Age 32 with Robert Farrington [REPLAY]

12/4/2018

This episode first aired on March 20th, 2018. Robert Farrington started The College Investor when he was – you guessed it – in college. While his classmates were diligently taking notes during class, he was in the back of the room figuring out how to make a few extra bucks online. Those few extra bucks eventually turned into big bucks. And, by age 32, Robert was able to quit his corporate job, become financially independent, and manage his website full-time. Today, The College Investor...

Duration:00:45:39

Your Old 401(k): to Rollover, or Not to Rollover

11/20/2018

Did you know? The average cost per year for a 401(k) participant is 2.2% of their account balance, according to SmartAsset. This number is rapidly declining, but even if you cut it in half, it would still be concerning. When you leave a company, you have three options for dealing with your 401(k): And, given how much you might be paying in fees, I don't recommend neglecting this part of your financial plan. In today's podcast episode, we talk about each of these options and help you...

Duration:00:26:38

Do Not Invest Your Money Until You Listen to This Interview with Dr. Daniel Crosby

11/6/2018

Human beings are inherently bad with money. We buy high. Sell low. Spend too much. Save too little. We are greedy when we should be fearful. We are fearful when we should be greedy. On paper, it seems so simple. We know what we are supposed to do, but year after year, generation after generation, we keep making the same mistakes. Why we make simple mistakes with our money is more complicated than you might think. Fortunately, we have Dr. Daniel Crosby on the show today to break down for...

Duration:00:41:20

529 Accounts: Three Things That Are More Important

10/23/2018

“Better start planning for college!” – Every financial planner when you tell them you’re having a baby Speaking of having a baby, my second son was born the day this podcast episode was recorded. Please welcome Sutton Cole! He weighed 7 pounds 7 ounces, he’s sleeping like a champ, and he doesn’t have a 529 college saving account. While planning for college is important, there are three things more important than opening a 529 college savings account when you have a child. Listen to...

Duration:00:15:18

Cybersecurity: Everything You Need to Know to Stay Safe Online

10/9/2018

Cybersecurity. We know how important it is but don't want to take action. We don't think anything will happen to us. If it does happen to us, we assume there must be a way an easy way out. That's not always the case. So, today, I'm going to give you three easy ways you can improve your cybersecurity and stay safe online. If you follow a few basic steps you can avoid exposing your own information or becoming victim to financial fraud. Links, show notes, and resources:...

Duration:00:31:46

Stacking Benjamins Interview: Taylor's First Home Purchase Did Not Go As Planned [REPLAY]

9/25/2018

The original interview aired on Stacking Benjamins 12-26-2017 As some know, the last several years have been a roller coaster for my family. We poured our life savings into our first home and things didn’t quite go as planned. The good news? It was just money. And it was just a house. It could have been much worse and we reminded ourselves of that every day. That chapter of our life is now behind us and I had the opportunity to laugh and vent about it on one of the top business/finance...

Duration:00:22:27

Top 3 Tax Saving Tips That Fly Under the Radar

9/11/2018

Right now is the perfect time to start thinking about your 2018 tax bill. Not year-end. Not the first week of April just before you meet with your CPA. Right. Now. With some proper planning, you can make some strategic moves that will help you save money on taxes today and in the future. Today, we’re sharing three tax strategies that are often overlooked or unknown to the general public. They include: We’ll explain what each of these are, why they can work for virtually anyone, and how to...

Duration:00:35:37

How to Buy Life Insurance the Smart Way

8/28/2018

Life insurance is wildly misunderstood and often oversold. In today's episode, we take a deep dive into the world of life insurance to show you how to buy it the right way, saving you money, time, and future headaches. We discuss: As a bonus, we also share some resources for finding insurance money out there that you are entitled to. We also tackle a listener question about 529 college savings plans and the proper way to get one set up for kids and grandkids. Links, show notes, and...

Duration:00:40:25