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Jae'$ Corner Podcast

Self Development

By Jae Oh, Certified Financial Planner, author of Maximize Your Medicare (2022-2023 Edition). Education Fellow, Alliance For Lifetime Income. Personal finance tips to share as much information about finance and how it affects you. Trying to correct the misinformation & misunderstands, the job will never be over. YouTube Channel: https://bit.ly/3L1cjXJ Newsletter: https://bit.ly/3u8TR8s Email: jae@jaewoh.com Be sure to subscribe on Apple Podcasts, Spotify, Google Podcasts, TuneIn or almost anywhere else you listen to podcasts. #JaesCorner #finance #personalfinance Support this podcast: https://podcasters.spotify.com/pod/show/jaes-corner/support

Location:

United States

Description:

By Jae Oh, Certified Financial Planner, author of Maximize Your Medicare (2022-2023 Edition). Education Fellow, Alliance For Lifetime Income. Personal finance tips to share as much information about finance and how it affects you. Trying to correct the misinformation & misunderstands, the job will never be over. YouTube Channel: https://bit.ly/3L1cjXJ Newsletter: https://bit.ly/3u8TR8s Email: jae@jaewoh.com Be sure to subscribe on Apple Podcasts, Spotify, Google Podcasts, TuneIn or almost anywhere else you listen to podcasts. #JaesCorner #finance #personalfinance Support this podcast: https://podcasters.spotify.com/pod/show/jaes-corner/support

Language:

English

Contact:

9895451239


Episodes

Now You Know | Bond Buyers Wanted

10/4/2023
Market Glue Falls Apart All At Once I left breadcrumbs for you, the entire time. These can all be found on this newsletter, and now sit on gh2benefits.com. Stronger Dollar Sounds Great, But May Not Be September Is “Suddenly” Nasty Theory Alone Does Not Pay Bills Mr. Market Has Given Many People A Gift Take A Wild Guess What I’ll Say r is now not only much higher, but it is unstable. The smart guys in the room can plan on a slowly, stable higher r. But higher and unstable r? Nope. Risky assets have taken note. ✅ Let's connect: https://linktr.ee/jaeohcfp ✅ Subscribe to Jae's Corner on Substack: https://bit.ly/3u8TR8s ✅ Join America's Cardroom and get a huge deposit bonus: https://bit.ly/3Plb9bz ✅ Free Prescription Discount Card: https://bit.ly/3vv2gpi ✅ 2nd Free Prescription Discount Card: https://bit.ly/3NWIBp8 ✅ Free Term Life Insurance Quote: https://bit.ly/37xaYJL ✅ Free Instant Short-Term Disability Quote: https://bit.ly/34O8EwY ✅ Your private appointment https://calendly.com/justjae/ ✅ Free Medicare Guidance: https://bit.ly/3OpfOtG ✅Link to Free Quoting Tool: https://bit.ly/FreeACATool 📖 Book website: http://www.maximizeyourmedicare.com 🐦Twitter: https://twitter.com/JaeOhCFP 🐦Twitter: https://twitter.com/MaxYourMedicare ✅email info at gh2benefits.com #personalfinance #finance #talk — Maximize Your Medicare by Jae Oh All insurance products sold through this site are processed through the licensed entity/agent: Jae Oh, NPN 15996497. We do not offer every plan available in your area. Currently we represent approximately 15 organizations which offer over 100 products nationwide. Please contact Medicare.gov, 1-800-MEDICARE, or your local State Health Insurance Program (SHIP) to get information on all of your options. --- Support this podcast: https://podcasters.spotify.com/pod/show/jaes-corner/support

Duration:00:33:15

Good Debt, Bad Debt

9/25/2023
Good Debt, Bad Debt In This Broadcast: 1. **Interest Rates and Debt Dynamics:** Rising interest rates significantly impact debt, from personal loans to national debt. Understanding the relationship between interest rates and debt is crucial for making informed financial decisions. 2. **Bond Market Volatility:** The bond market, which includes both individual bonds and bond funds, is sensitive to interest rate changes. Bond prices can fluctuate, affecting the value of bond investments. 3. **Government Debt Concerns:** The national debt, particularly in the United States, is growing, and the cost of borrowing for the government is also increasing. This can lead to a cycle where higher interest rates make it more challenging to manage the national debt. Summary of the Video In this video, we delve into the impact of rising interest rates on various forms of debt, ranging from personal finances to national debt. We discuss the importance of comprehending how interest rates affect debt and discuss the dynamics of the bond market, where bond prices can fluctuate due to interest rate changes. Additionally, the video touches on concerns related to the growing national debt and how higher interest rates can create challenges in managing it. Understanding these concepts is essential for making sound financial decisions in an environment of changing interest rates. --- Support this podcast: https://podcasters.spotify.com/pod/show/jaes-corner/support

Duration:00:55:17

Special Guest: Anne Lester, fmr Portfolio Manager, JP Morgan

8/7/2023
The Benefits of Target Date Funds - A Guide to Retirement Investing Information about Anne can be found online: https://annelester.com 3 Bullet Points with Takeaways - Target date funds are an effective retirement investment option, especially for those who prefer a hands-off approach to managing their portfolios. - These funds follow a "glide path" that gradually shifts the allocation from high-risk assets (like stocks) to lower-risk assets (like bonds) as the investor approaches retirement age. - By simplifying investment decisions, target date funds help individuals avoid emotional pitfalls and achieve a balanced, diversified, and more reliable retirement savings. Summary In this informative video, Anne Lester, a former head of Retirement Services at JP Morgan, discusses the benefits of target date funds as a reliable option for retirement investing. Target date funds work on a "glide path," adjusting the asset allocation over time, becoming less risky as the investor nears retirement age. This feature helps mitigate the impact of market volatility and emotional decision-making, as the fund's allocation is professionally managed. Anne highlights the importance of diversification and touches on the significance of providing a simpler investment approach for individuals who may not have the time, interest, or expertise to actively manage their retirement savings. Target date funds offer a do-it-for-me option that helps remove the burden of decision-making from individual investors. Moreover, she explains the considerations in selecting the appropriate target date fund based on factors like desired retirement age, risk tolerance, and financial goals. The video emphasizes the significance of long-term planning and staying committed to the retirement savings strategy, while discouraging common pitfalls like early withdrawals and frequent adjustments. In conclusion, target date funds are a valuable tool for individuals seeking a reliable and low-stress way to build their retirement savings. The simplicity and automatic adjustment of asset allocation make these funds a suitable choice for many investors who wish to secure a financially stable retirement future. Watch on YouTube: https://youtu.be/XOR3FnKQ6JM --- Support this podcast: https://podcasters.spotify.com/pod/show/jaes-corner/support

Duration:01:08:10

Callers Get It Wrong | I Provide Corrective Information

6/26/2023
Callers Get It Wrong | Medicaid & Medicare Common Misunderstandings About Medicaid & Medicare | I Answered Callers Live In This Video: - There have been changes in the Medicare and Medicaid world, and the book addresses these changes. - There is a process called Medicaid redetermination that is being implemented nationwide after a public health emergency. It involves re-examining the qualifications of Medicaid recipients. - Medicaid recipients are receiving letters with questions about their financial resources for re-qualification. - Medicare has notable changes related to prescription drug benefits, and there are ongoing concerns about the financial sustainability of the program. --- Support this podcast: https://podcasters.spotify.com/pod/show/jaes-corner/support

Duration:00:31:25

Estate Planning Mistakes and How to Avoid Them | Insights from Sanford Mall, JD

6/19/2023
Estate Planning Mistakes and How to Avoid Them | Insights from Sanford Mall, JD Sandy and I have known each other and have worked together for years. This video features an interview with elder law attorney Sanford Mall, discussing the importance of legal documents such as trusts, wills, and medical directives. The conversation highlights the significance of having a medical power of attorney and a financial durable power of attorney to make decisions on one's behalf when unable to do so. It emphasizes the need to avoid probate court by utilizing a revocable living trust and properly funding it. The interview also addresses the importance of keeping estate planning documents up to date and tailoring them to individual circumstances. Legal documents like trusts, wills, and medical directives are crucial for individuals to protect themselves and their assets. A medical power of attorney allows a chosen representative to make healthcare decisions when a person is unable to do so, while a financial durable power of attorney appoints someone to handle financial matters. Utilizing a revocable living trust and properly funding it can help individuals avoid probate court and maintain control over the distribution of their assets. --- Support this podcast: https://podcasters.spotify.com/pod/show/jaes-corner/support

Duration:00:51:14

How To Solve Your Caregiving Crisis

6/8/2023
How To Solve Your Caregiving Crisis Guest: Annalee Kruger, Founder of Care Right Inc (https://carerightinc.com) In This Broadcast In this video, Anna Lee Kruger, the president of Care Right Inc, discusses the caregiver crisis and the importance of proactive planning for aging parents. She emphasizes the need for families to have open communication and create an aging plan to ensure the best quality of care for their loved ones. Anna Lee explains that her consultancy company offers services to educate and guide families through the process, including creating a care matrix, researching care options, and providing ongoing support. Highlights - The caregiver crisis exists in every location, and it is essential for families to address it proactively. - Open communication and creating an aging plan can help avoid caregiver burnout and family conflicts. - Care Right Inc offers consultancy services to educate and guide families in making informed decisions about care options and implementing an aging plan. From Annalee: We know it takes courage to inquire for help with aging loved one's care needs. If the message in this podcast hit home for you and your family, we welcome you to schedule a complimentary 30-minute consult. Those who do schedule a consult, will receive a copy of Annalee's book, The Invisible Patient: the Emotional, Financial, and Physical Toll on Family Caregivers, which is jam-packed with tips and tools, including scripts for family meetings, understanding dementia, understanding caregiver burnout, checklists for touring care communities and how to interview home care companies, and much more. Mention this podcast when you schedule your consult at www.CareRightInc.com or call Annalee directly at 239.770.6322 Let's connect: https://linktr.ee/jaeohcfp 🔥 Subscribe to Jae's Corner on Substack: https://bit.ly/3u8TR8s $$$ Join America's Cardroom and get a huge deposit bonus: https://bit.ly/3Plb9bz $$$ Free Prescription Discount Card: https://bit.ly/3vv2gpi $$$ 2nd Free Prescription Discount Card: https://bit.ly/3NWIBp8 Free Term Life Insurance Quote: https://bit.ly/37xaYJL Free Instant Short-Term Disability Quote: https://bit.ly/34O8EwY 📆 Your private appointment https://calendly.com/justjae/ Free Medicare Guidance: https://bit.ly/3OpfOtG 📖 Book website: http://www.maximizeyourmedicare.com 🐦Twitter: https://twitter.com/JaeOhCFP 🐦Twitter: https://twitter.com/MaxYourMedicare#personalfinance #finance #talk — Maximize Your Medicare by Jae Oh Link to Free Quoting Tool: bit.ly/3mkygqb email to info at gh2benefits.com --- Support this podcast: https://podcasters.spotify.com/pod/show/jaes-corner/support

Duration:00:28:54

Women & Household Finance | My Interview With Kate Daniels, WARM106.9

6/6/2023
Women & Finance | My Interview With Kate Daniels, WARM106.9 Introduction: Description: In this engaging conversation, Kate Daniels sits down with Jae Oh, a renowned expert in retirement planning and Medicare. As the author of the best-selling book “Maximize Your Medicare,” Jae provides valuable insights into the ever-changing Medicare landscape and shares practical advice on navigating the complexities of this vital healthcare program. The discussion revolves around the role women play in managing Medicare and retirement planning within their families, emphasizing the need for early preparation and understanding. Jae underscores the overwhelming responsibilities faced by women as caregivers for senior family members and highlights the importance of addressing healthcare cost planning well in advance. He stresses the significance of distinguishing between health insurance and healthcare, explaining that while Medicare serves as a solid foundation, additional considerations and choices need to be made. Jae also emphasizes the need for comprehensive financial planning, including protected lifetime income, to ensure a secure and fulfilling retirement. With a commitment to educating and empowering everyday individuals, Jae offers practical resources and guidance through his book and website, “Maximize Your Medicare.” He encourages readers to proactively seek information and ask questions to make informed decisions. By understanding the intricacies of Medicare and healthcare cost planning, individuals can confidently shape their financial future and lead the lives they desire. --- Support this podcast: https://podcasters.spotify.com/pod/show/jaes-corner/support

Duration:00:28:54

Guest: Robert Powell, CFP, Financial Journalism Legend

6/2/2023
Guest: Robert Powell, CFP, Financial Journalism Legend Summary Bullet Points: 1. Key takeaways from a retirement planning conference, emphasizing the importance of focusing on the process over the product. 2. Addressing the advice gap and the need for comprehensive financial guidance for individuals with limited retirement savings. 3. Highlighting the liability side of retirement planning, including healthcare cost planning, and the limitations of current technology in accommodating complex spending patterns. Introduction: In a recent conference, financial journalist Bob Powell and host Jae Oh, Education Fellow at the Alliance For Lifetime Income, provided valuable insights into retirement planning and the need for comprehensive financial advice. This article summarizes their discussion, highlighting key takeaways and addressing the challenges faced in the financial services industry. Process Over Product: One key theme discussed was the importance of focusing on the process rather than the product in retirement planning. The process of creating a tailored plan for each individual, considering their unique needs and circumstances, was emphasized as crucial. This approach allows financial advisors to provide clients with the perfect plan suited to their requirements, even though there may not be a universally perfect product. By encouraging the audience to understand the significance of the planning process, they can make informed decisions about their retirement. Addressing the Advice Gap: The conversation also delved into the issue of providing financial advice to individuals with fewer resources. While there is ample assistance available for those with substantial assets, the majority of Americans who have limited retirement savings often lack access to comprehensive guidance. This advice gap poses a significant challenge for the financial services industry, and the discussion called for solutions to bridge this gap. Exploring the role of technology and raising awareness about its limitations were among the proposed solutions. By encouraging viewers to like and subscribe to the channel, they can stay informed about potential solutions and developments in this area. Liability Side of Retirement Planning: The liability side of retirement planning, specifically healthcare cost planning, was highlighted as a critical aspect often overlooked. Evaluating costs and liabilities, just as one would with revenue and assets, is vital for comprehensive financial planning. Attendees acknowledged the importance of understanding expenses, including potential declines and increases, throughout retirement, highlighting the need for careful budgeting and personalized analysis. By subscribing to the channel, viewers can gain valuable insights into the liability side of retirement planning and ensure they are adequately prepared for potential healthcare costs in their retirement years. Technology and Complexity: The limitations of current technology in accommodating the nuances of spending in retirement were discussed. Although some platforms exist, they often fail to account for the real basis of spending, declining patterns, and rising healthcare expenses. The complexity involved in retirement spending necessitates a deeper understanding and personalized approach that technology struggles to provide. By staying connected with the channel, viewers can stay up to date with the latest developments in retirement planning technology and gain insights into how to navigate the complexities of retirement spending. Conclusion: The conference conversation shed light on the significance of the planning process, the need for tailored advice, and the challenges faced in retirement planning. Like and subscribe to our channel today! --- Support this podcast: https://podcasters.spotify.com/pod/show/jaes-corner/support

Duration:00:51:30

Medicare 2024 The End of Medicare Commercials?

5/31/2023
Medicare Simply: Insider Updates, Book Revisions, and Expert Insights #### Summary This video from Jae Oh, CFP, Author of Maximize Your Medicare, discusses various topics related to financial planning, Medicare, and healthcare costs. The host explores the capabilities of ChatGPT, provides updates on Medicare communication and book revisions, shares takeaways from an education conference, and highlights the importance of understanding one's health status. They discuss the implications of Medicare eligibility for married couples, the role of artificial intelligence in providing information and introducing concepts, and the significance of considering long-term care insurance. The video also touches on health savings accounts, the importance of a healthy lifestyle, and planning for out-of-pocket costs. The host emphasizes the need for personalized advice from financial advisors with expertise in healthcare costs and highlights the complexity and potential cost implications of mistakes in Medicare planning. Finally, they discuss upcoming changes in Medicare rules and the impact of marketing on consumer decision-making. #### Highlights - ChatGPT capabilities and using artificial intelligence for financial information - Updates on Medicare communication and book revisions - Takeaways from an education conference on protected income and financial planning - Importance of understanding one's health status for healthcare cost planning - Medicare eligibility and considerations for married couples - The significance of long-term care insurance and its implications - Exploring health savings accounts and flexible spending accounts - The role of a healthy lifestyle in healthcare cost options - Planning for out-of-pocket costs and the complexities of insurance contracts - The value of consulting a financial advisor with expertise in healthcare costs - Upcoming changes in Medicare rules and the impact of marketing on consumer decisions CONNECT: 🔥 Subscribe to Jae's Corner on Substack: https://bit.ly/3u8TR8s 📆 Your private appointment https://calendly.com/justjae/ 📖 Book website: http://www.maximizeyourmedicare.com 🐦Twitter: https://twitter.com/JaeOhCFP 🐦Twitter: https://twitter.com/MaxYourMedicare#Medicare #MedicareExplained #MaximizeYourMedicare — Maximize Your Medicare by Jae Oh Not affiliated with any governmental agency. All insurance products sold through this site are processed through the licensed entity/agent: Jae Oh, NPN 15996497. We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all of your options. --- Support this podcast: https://podcasters.spotify.com/pod/show/jaes-corner/support

Duration:00:43:23

How I'd Fix Medicare Advantage

3/31/2023
How I'd Fix Medicare Advantage Summary In this podcast, Jae Oh discusses the complexities of Medicare Advantage and the difficulty in controlling healthcare costs due to the entanglement of stakeholders in the US healthcare system. Highlights The largest voting block in the US is now Millennials, not Baby Boomers. The American Association of Millennials could change the pricing structure of health insurance. The CMS funds Medicare Advantage to control healthcare costs. Untangling stakeholders in the US healthcare system is difficult due to entanglements. I propose a simple solution to control healthcare costs resulting from Medicare Advantage. Insurers may have exploited Medicare for billions. Healthcare costs can be hidden behind diagnosis and actual cost. --- Support this podcast: https://podcasters.spotify.com/pod/show/jaes-corner/support

Duration:00:34:01

Another Tense Weekend For The Banking System

3/20/2023
Another Tense Weekend | What I'm Watching Let's see what AI thinks of the podcast. Jae Oh discusses the serious and global ramifications of the current financial crisis, particularly with the potential failure of Credit Suisse, which could have cascading effects on other banks and investors. He also discusses the issue of mid-sized banks having risky and illiquid assets, such as commercial real estate, that they cannot accurately value or sell under stress. Mr. Oh also briefly mentions a Vanguard investment with a good return, but notes the increased volatility of interest rates. Overall, Jae Oh provides technical yet accurate descriptions of the current financial situation and its potential impacts. --- Support this podcast: https://podcasters.spotify.com/pod/show/jaes-corner/support

Duration:00:45:18

Silicon Valley Bank And You

3/12/2023
Silicon Valley Bank And You In This Broadcast: --- Support this podcast: https://podcasters.spotify.com/pod/show/jaes-corner/support

Duration:01:03:15

Are Medicare Brokers Acting In Your Interest?

3/3/2023
Are Medicare Brokers Acting In Your Interest? The Commonwealth Fund is Best In Class, that is indisputable. Largely right, I provide further details. I said 'largely,' not completely. --- Support this podcast: https://podcasters.spotify.com/pod/show/jaes-corner/support

Duration:00:52:13

Financial Markets Stability, Medicare & Politics

2/20/2023
Financial Markets Stability, Medicare & Politics You can watch the video versions on YouTube Medicare Video and separately, Financial Markets Stability Video 🔥 Subscribe to Jae's Corner on Substack: https://bit.ly/3u8TR8s PLEASE LEAVE YOUR COMMENTS AND ASK QUESTIONS! CONNECT: #personalfinance #finance #talk --- Support this podcast: https://podcasters.spotify.com/pod/show/jaes-corner/support

Duration:01:20:17

Medigap 2023

1/27/2023
Medigap Explained 2023 | Plans F, G & N 0:00 Introduction 2:05 Medigap coverage basics 4:15 Plan F and Plan G 7:45 Plan N 11:15 Plan N and out of pocket costs 15:04 Stress on the Medicare system 18:00 Plan G rate increases higher? 27:32 Plan N vs Medicare Advantage 29:00 Medicare Advantage 🔥 Subscribe to Jae's Corner on Substack: https://bit.ly/3u8TR8s PLEASE LEAVE YOUR COMMENTS AND ASK QUESTIONS! CONNECT: #personalfinance #finance #talk --- Support this podcast: https://podcasters.spotify.com/pod/show/jaes-corner/support

Duration:00:36:13

What I Told Esquire Mag & This Great Strategy Article

1/24/2023
What I Told Esquire Mag & This Great Strategy Article As part of the Alliance For Lifetime Income (protectedincome.org), I agreed to an interview with Esquire magazine and journalist Michael Clinton (author of Roar). Here's your secret: I consistently tell people my message on Jae's Corner. iShares 2023 Outlook. This is a must read, and here's the link (click here). 🔥 Subscribe to Jae's Corner on Substack: https://bit.ly/3u8TR8s PLEASE LEAVE YOUR COMMENTS AND ASK QUESTIONS! CONNECT: #personalfinance #finance #talk --- Support this podcast: https://podcasters.spotify.com/pod/show/jaes-corner/support

Duration:00:26:45

I Gave ChatGPT Two Personal Finance Quizzes

12/27/2022
I Gave ChatGPT Two Personal Finance Quizzes I asked questions about: I wasn't overly impressed. It's good for general ideas, but on the specific details were absent or wrong. This can create problems. Hopefully, since it is AI, it will learn. 🔥 Subscribe to Jae's Corner on Substack: https://bit.ly/3u8TR8s PLEASE LEAVE YOUR COMMENTS AND ASK QUESTIONS! CONNECT: #personalfinance #finance #talk --- Support this podcast: https://podcasters.spotify.com/pod/show/jaes-corner/support

Duration:00:17:22

Three Things You Need To Know | Financial Basics

12/23/2022
Three Things You Need To Know | Financial Basics Every age division is having its separate issues. Here's a short list: This Northwestern Mutual report tells us that Gen-Z is on the ball: https://news.northwesternmutual.com/planning-and-progress-study-2022 Even before that, there are PRINCIPLES that every age division needs to know. 🔥 Subscribe to Jae's Corner on Substack: https://bit.ly/3u8TR8s PLEASE LEAVE YOUR COMMENTS AND ASK QUESTIONS! CONNECT: #personalfinance #finance #talk --- Support this podcast: https://podcasters.spotify.com/pod/show/jaes-corner/support

Duration:01:03:25

Insurance Deadlines Are Here and Year-End Planning

12/5/2022
Insurance Deadlines Are Here and Year-End Planning I have told young people: time and money, these two should not be confused to be your friends. They aren't. You don't have enough when you need them the most. That's the issue. In This Podcast: PLEASE LEAVE YOUR COMMENTS AND ASK QUESTIONS! CONNECT: #personalfinance #finance #talk --- Support this podcast: https://podcasters.spotify.com/pod/show/jaes-corner/support

Duration:01:03:43

Robert Powell (The Legend) Returns | Be My Guest

11/10/2022
Robert Powell Returns | Be My Guest Special Guest: Robert Powell, Editor of Retirement Daily, thestreet.com You can see Bob's articles everywhere nationwide. He has spent over 30 years in the journalism business, as contributor to the USA Today, and now, as the Editor of Retirement Daily, part of thestreet.com. You can see his work here: https://www.thestreet.com/retirement-daily/ We take a deep(ish) dive: 🔥 Subscribe to Jae's Corner on Substack: https://bit.ly/3u8TR8s PLEASE LEAVE YOUR COMMENTS AND ASK QUESTIONS! CONNECT: #personalfinance #finance #talk --- Support this podcast: https://podcasters.spotify.com/pod/show/jaes-corner/support

Duration:00:59:03