When financial decisions matter most, you need strong arguments to consider. This week episode brings you a lighthearted debate on 5 financial topics:- How relevant is net worth as a metric? - Should I just invest in the S&P 500 and stop overthinking it?- Do you really need an emergency fund before investing?- Is the FIRE movement good for personal finance?- Should you have a side hustle to accelerate your progress?Tune in this week to hear us battle it out!This episode is on YouTube...

As we celebrate our Veterans this week, we got a great listener questions about what unique benefits our Veterans have access to. We also answer questions about whether high earners should consider a 529 for themselves to gain access to a Roth IRA. Our apologies for the late post, we were having technical difficulties!This episode is on YouTube: https://youtu.be/IP_b-5Ea5VYSend your questions for upcoming show to [email protected] @checkyourbalances on Instagram

Elections can be a rollercoaster of emotions, and it's easy to get caught up in the hype and fear-mongering. But as investors, it's crucial to stay calm and focused on our long-term financial goals. In this episode, we'll discuss how to avoid making big mistakes with your investing regardless of the election outcome.This episode is on YouTube: https://youtu.be/-YTCVeVV_70Send your questions for upcoming show to [email protected] @checkyourbalances on Instagram

In this episode, we dissect the iconic personal finance book, "Rich Dad, Poor Dad" at the request of our listeners. We'll delve into the core principles, analyze their effectiveness, and challenge some of the controversial claims. While acknowledging the book's influence on millions, we'll explore its limitations and discuss why a more nuanced approach to wealth building is often necessary. Join us as we separate fact from fiction and provide practical advice to help you achieve your financia...

Ever wondered how the couples on Love is Blind discuss their finances? Join us for a look into the financial decisions made by the contestants, and how we might treat the same questions. We'll analyze their choices through a financial lens and discuss how their financial literacy (or lack thereof) could impact their relationships and future. Will their love stand the test of money? This episode is on YouTube: https://youtu.be/xeYk37KxFYcSend your questions for upcoming show to checkyourb...

Ever wondered how your taxes change after you retire? In this episode, we'll break down the key tax implications of retirement, and what sources you can still have withholding versus the ones where you'll have to take care of it yourself.Find this episode on YouTube: https://youtu.be/WFBaNImVUpMSend your questions for upcoming show to [email protected] @checkyourbalances on Instagram

Join us for the October edition of our personal finance mailbag podcast. In this episode, we dive deep into listener questions and provide insights on:Safe Withdrawal Rate: How much can you safely withdraw from your retirement savings without depleting your funds? Can you safely adjust up after a good year?Investing $500K: Do your portfolio options need to change as your capital grows?Find this episode on YouTube: https://youtu.be/SqAtc11kLswWe'reSend your questions for upcoming show to check...

The final chapter (we hope) in the Ross' house saga. Drew McKenzie from Long and Foster joins the show to talk about what it's like trying to give advice to a guy that gives advice for a living. Find this episode on YouTube (to see the inside of the actual home): https://youtu.be/GpjBZlu_r68We're @checkyourbalances on InstagramSend us questions you want answered about your finances to [email protected] your questions for upcoming show to [email protected] @checkyou...

It finally happened, the Fed has cut rates... so now what? We talk about the impact of the new interest rate environment and what it means for you.Send your questions for the show to [email protected]!This episode is on YouTube: https://youtu.be/vLpQz4b6y0kWe're @checkyourbalances on Instagram Send your questions for upcoming show to [email protected] @checkyourbalances on Instagram

Prominent financial pundits and, like Robert Kiyosaki, will tell you the 401(k) is a 'Horrible' retirement plan. Why is that the case, and are they really right? Tune in this week for our take.Send your personal finance questions to [email protected] episode is on YouTube: https://youtu.be/J0wkYS_MBsY@checkyourbalances on InstagramSend your questions for upcoming show to [email protected] @checkyourbalances on Instagram

Mortgage rates have already have already dropped more than a full percent from their recent highs. Is it too soon to talk about refinancing your mortgage? Why don't financial podcasters talk about the real costs associated with a refinance? Tune in this week to hear our take.Send your questions for the show to [email protected]!We're @checkyourbalanes on InstagramThis show is on YouTubeSend your questions for upcoming show to [email protected] @checkyourbalances on Ins...

Perhaps not the most romantic reason, but does it make sense to get married for the tax benfits? Also how do you invest if you've got a windfall of cash to deal with? That and more in this week's mailbag episode.Send your questions to [email protected] to be featured on an upcoming show!We're @checkyourbalances on InstagramThis episode is on YouTube: https://youtu.be/-Iy271i2XY8

We commonly talk with people that underestimate the impact of Social Security (and pensions) and how big of a deal it can for building their retirement plan. This week we have a philosophical question about how to think about it and how it relates to your own plans.Find this episode on YouTube: https://youtu.be/5NcTxmt0Xf4 We're @checkyourbalances on InstagramEmail [email protected] to send questions to the show!

How do the taxes actually work on a non-Roth IRA? Should you prioritize Long-Term Care Insurance or Disability Insurance? If you're like our listeners, these questions may be on your mind too. Send your financial planning questions to [email protected] to be featured on upcoming episodes!You can also find us @checkyourbalances on InstagramThis episode is on YouTube: https://youtu.be/vXb4sU4R1lM

The past couple of weeks have shown an interruption in what has otherwise been a very comfy ride in the markets so far in 2024. With some major investors unloading big chunks of stock we look at the recent volatility and talk about whether it should affect positioning moving forward.Send your questions for the show to [email protected] each episode on YouTubeWe're @checkyourbalances on Instagram

This week we are joined by Meredith Hill, the founder and principal attorney, of the Hill Law Group. Meredith joins the show to discuss who needs estate plans and the pitfalls that families can fall into without having the proper documents in place.Send your questions for the show to [email protected] to be featured on upcoming mailbag episodes!Find this episode on YouTubeWe're also on Instagram @checkyourbalances!

This week we celebrate that the IRS has finally clarified guidance for Inherited IRA Required Minimum Distribution (RMD) rules. And also an update on the ongoing housing drama for Ross.Send your questions for an upcoming mailbag to [email protected], and all new episodes, are on YouTubeFind us @checkyourbalances on Instagram

This week Ross and Dan welcome tax attorney and expert, Jasmine DiLucci to the show to talk about how you can use the tax code to your advantage, and avoid silly scams that originate online.Send your questions to the show to [email protected] this episode on YouTubeWe're also @checkyourbalances on Instagram

This week Ross and Dan break down what they look for when evaluating a clients' 401(k) plan and whether it's actually any good. Some a great, and some not be the best home for your funds. Tune in this week to find out!Email [email protected] to submit questions to the show!This episode is on YouTube!We're also on Instagram!

This week Ross and Dan dive into the mailbag to find what books they missed, whether recasting a mortgage is worth it (debate style) and how to calculate an RMD. Want your question on the show? Email us at [email protected]!Find this episode on YouTubeOr find us on Instagram @checkyourbalances

What has been on the recent reading list for Ross and Dan, and should you considering adding it to your beach reads? We'll give you our take so you can decide if you should give it your time.Send your questions for Check Your Balances to [email protected] to be featured on the show!This episode is on YouTubeWe're also on Instagram: @checkyourbalances

This week Ross and Dan dive into a deal that Bobby Bonilla made in 1999 that will continue to pay him a reported $1.19 million per year until 2035. Why would the Mets make that deal, and who was the big winner? Tune in to find out!Send questions to the show at [email protected] this episode on YouTubeWe're @checkyourbalances on Instagram

This week Ross and Dan unleash the fury on unnecessary products being sold to people that simply don't need them. Tune in to make sure you think about the right considerations when an annuity salesman turns their sights on you.Send questions for the show to [email protected] to have them featured on upcoming episodes!This episode is on YouTubeWe're also on Instagram

This week Ross and Dan tackle listener questions about how Inherited IRAs are taxed, who needs a trust and why, as well as whether financial planning could be a part time venture. All that, and Dan's pool getting opened in this week's mailbag!Sned your questions [email protected] to be featured on an upcoming episode!This episode is on YouTubeFind us on Instagram