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Your Money, Your Wealth

3 Retirement Tips From the Very Rich with Walter Updegrave - 126

Your Money, Your Wealth

Your Money, Your Wealth

Realestate, Income, Investing, Personalfinance, 401k, Rothconversion, Retirement, Education, Taxes, Socialsecurity, Personalfinances, Finance, Retirementplanning, Investments, Stocks, Business, Roth, Fiduciary, Ira

2.3681 Ratings

🗓️ 7 August 2017

⏱️ 66 minutes

🧾️ Download transcript

Summary

Walter Updegrave from RealDealRetirement.com analyzed a recent survey of the needs, goals and concerns of very wealthy investors, and shares some useful retirement tips for the rest of us. Also, 12 Common Sources of Tax Free Income, 4 tax breaks that may be on the chopping block, the basics of Medicare, and Medicare mistakes. Plus, Joe still wants to grow a ‘fro, and who doesn’t like the Eagles? (hint, it’s Big Al.)

Transcript

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0:00.0

Financial readiness trumps age. I get a lot of questions that go something like this. I'm going to retire at 66. Here's what I have. I'm like prepared. No, it should be the other way around. It shouldn't be the age that's the determining factor. It should be how much money do you have or whether you're prepared to retire. That's Walter Uptongrave from real dealretirement.com. He analyzed a recent survey of the needs, goals, and concerns of very

0:22.0

wealthy investors and came up with some useful retirement tips for the rest of us, which he'll

0:26.4

share today on your money, your wealth. We're also talking taxes in Medicare today. We've got 12

0:31.7

common sources of tax-free income, the four tax breaks that may be on the chopping block,

0:36.6

the basics of Medicare, and Medicare

0:38.7

mistakes with the newest member of our education team, Jason Thomas CFP. Now, here's a man that

0:44.0

really wants to wear his hair in an afro, Joe Anderson's CFP, and a guy who really doesn't like

0:49.1

the Eagles. More on that later. Big Al Clopine CPA. I'm very excited. We have Andre. It's working the desk today.

0:58.8

I know. It's always a pleasure. And that hair is so unbelievably awesome. It's like a throwback from the 70s.

1:05.4

It just makes me smile. Maybe 80s. Maybe 70s and 80s. Kind of a combo.

1:09.7

I mean, it is like the most ridiculous thing I've ever seen in my life, but it's the most awesome thing I've ever seen in my life.

1:15.9

He carries it off, doesn't he?

1:17.5

Totally.

1:18.6

It's kind of like the days of the afros and the big hair.

1:21.7

Huge.

1:22.2

Yeah.

1:22.9

I mean, he's like seven-footer with that hair, but he's actually five foot four. Yeah, and it's like jet black, so you can't miss it.

1:29.1

Oh, man.

1:29.9

I just want to smell it.

1:32.4

I wouldn't go that far.

1:34.5

It's like a microphone.

1:37.8

Oh, boy.

...

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