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Call now at 83399 Worth. That's 83399 W-O-R-T-H. Welcome to All-Worth's Money Matters, Scott Hanson. Pat McLean, thanks for joining us. I'm glad to have you with us as... It's the end of January. How are you doing with those years? You don't do right right near, you know, most of us have some sort of goals, that sort of thing.

You used to when I was, I forget when I quit doing New Year's resolutions.

Well, when it comes to finance, planning, investing, taxes, that sort of thing, if at the beginning of the year, you're thinking, this is the year I'm going to get my living trust updated. This is the year I'm going to meet with an advisor, get my retirement plan in place. This is the year I'm going to take a good look at my 401k and see if it's allocated. This is the year I'm going to see if my brokerage account could be managed a little better, so it's not spending off so much taxable income and causing my tax rate to go up.

If you were thinking about this at the beginning of the year, it's now January 31st.

Probably get on it.

Get on it.

Yeah.

It's kind of a pain.

It most certainly is a pain, but it's part of life. It's part of being a grown-up. Yeah, there's lots of things in our lives that most people don't love dealing with their finances. And some hate it. Some hate it with the passion. They can't stand deal with it. Well, I love someone that loves dealing with her finance, so.

Your wife's an accountant.

I like the, I don't like the nuts and bolts of the stuff. I like the general concepts.

The general concepts. I like watching the financial markets and see how things.

And the financial planning. Well, that's, it's good that you like that sort of thing since you voted a good

person. It's a bit of a puzzle because so much of planning is navigating the tax code.

And it changes. And it's not getting any easier, by the way. It's getting more complicated.

So part of it is like, here's the, what's our objective? What are we trying to accomplish? Then how do we navigate through the tax lot to give us the greatest possibility for success? That's really what it comes down to. Financial markets are just one piece. Navigating the whole tax code is complete other. Which is, I was thinking about this the other day.

Why did they let part of your required minimum distribution code directly do charity as a qualified charitable?

Why?

Why, you're putting questions to the tax?

But why, why part of the RMD?

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