Die With Zero: Are You Giving Your Kids Too Much? - 575
Your Money, Your Wealth
Your Money, Your Wealth
4.6 • 790 Ratings
🗓️ 31 March 2026
⏱️ 44 minutes
🧾️ Download transcript
Summary
Joe Anderson, CFP® and Big Al Clopine, CPA spitball on how to build your own retirement AND support your kids financially, today on Your Money, Your Wealth® podcast number 575. "Lloyd and Diane" in Montgomery County are 50 with $8.4 million. Can they retire early and still be generous with their kids? E and T in Missouri are 34 and 31 with $255K, and hopefully some big inheritances in the future. Can they fund the kids' college, and help them buy their first homes, AND retire early? Kent in Kansas City is 73 with 12 million bucks and $2 million in life insurance. Do Joe and Big Al back up his plan to buy an annuity, gift money to his kids now, and still spend freely in retirement, Die With Zero style? Finally, should John in the San Francisco Bay Area sell the family home and move to Nevada, or hold the house for his autistic daughters to inherit later?
Free Financial Resources in This Episode:
https://bit.ly/ymyw-575 (full show notes & episode transcript)
Estate Plan Organizer - free download:
Retirement Readiness Guide - free download:
Four Hard Truths About Retirement You Need to Face - YMYW TV:
Financial Blueprint (self-guided):
https://bit.ly/PureFinancialBlueprint
Financial Assessment (Meet with an experienced professional):
https://bit.ly/PureFreeAssessment
REQUEST your Retirement Spitball Analysis:
DOWNLOAD more free guides:
READ financial blogs:
WATCH educational videos:
SUBSCRIBE to the YMYW Newsletter:
Connect With Us:
Subscribe on YouTube and join the conversation in the comments:
Subscribe or follow YMYW in your favorite podcast app:
Leave your honest reviews and ratings in Apple Podcasts:
https://podcasts.apple.com/us/podcast/your-money-your-wealth/id312900254
Chapters:
00:00 - Intro: This Week on the YMYW Podcast
01:10 - 50 with $8.4M. Can We Retire Early and Still Give to Our Kids? (Lloyd Dobler and Diane, Montgomery County, MD)
11:41 - Die With Zero: Spend My $12M or Buy an Annuity? (Kent, 73 & 70, Kansas City)
25:08 - Can We Afford Kids' College AND Houses AND Our Own Early Retirement? (E & T, 34 & 31, Missouri)
34:17 - Should We Move to Save Money or Keep the House for Our Autistic Kids? (John, 68 & 66, San Francisco Bay Area)
42:29 - Outro: Next Week on the YMYW Podcast
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Joan Big Al Spitball on how to build your own retirement and support your kids financially. |
| 0:05.0 | Today on Your Money, Your Wealth podcast number 575. |
| 0:08.7 | Lloyd and Diane in Montgomery County are 50 with $8.4 million. |
| 0:13.3 | Can they retire early and still be generous with their kids? |
| 0:17.0 | E&T and Missouri are 34 and 31 with 255K and hopefully some big inheritances in the future. |
| 0:23.8 | Can they fund the kids college and help them buy their first homes and retire early? |
| 0:28.6 | Kent and Kansas City is 73 with $12 million and $2 million in life insurance. |
| 0:34.3 | Do join Big Al back up his plan to buy an annuity, gift money to his kids |
| 0:38.5 | now, and still spend freely in retirement, die with zero style? Finally, should John in the San Francisco |
| 0:44.5 | Bay Area sell the family home and move to Nevada or hold the house for his autistic daughters |
| 0:49.5 | to inherit later? Follow us on YouTube and watch us do YMIW in person. Turn on notifications so you don't |
| 0:56.2 | miss a thing and join me in the conversation in the comments. How are you juggling retirement planning |
| 1:00.8 | with helping your kids? I'm executive producer Andy Last and here are the hosts of your money, |
| 1:05.6 | your wealth, Joe Anderson CFP and Big Al Clopine CPA. Let's go with, um, hi, guys. |
| 1:11.9 | This is Lloyd and Diane. |
| 1:15.1 | And that one's from Say Anything. |
| 1:17.7 | Dobler, yeah. |
| 1:18.5 | Oh, no, really? |
| 1:20.4 | Yeah. |
| 1:21.1 | Say anything. |
| 1:22.7 | That's, that's the movie with the, um, Cusack, right? |
| 1:26.7 | Yeah, John Cusack and, uh, what was her name? Holding up the boombox over his head in the rain. Yes, that's the one. I own Sky. That was her name, yes. Yeah, the actress. Look at that picture of him with the boombox. That's like an icon picture. Yeah, that one. Yeah, there you go. There you go. Like in your eyes. Peter Gabriel. Oh, yeah. Peter Gabriel. I'd say half the movies, |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Your Money, Your Wealth, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Your Money, Your Wealth and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.