Aquila Wealth Podcast

In today's episode, we explore the complex distribution rules associated with inherited IRAs, focusing on scenarios where a child inherits an IRA from a deceased parent. This episode clarifies the required minimum distributions (RMDs) and the impact of the 10-year rule under the latest regulations.  Learn whether your situation falls into the category of non-eligible designated beneficiaries...

Retirement should be a period of financial freedom, not fiscal anxiety.  In this episode, we confront the often-intimidating world of retirement taxes head-on, demystifying the major "tax bombs" you absolutely need to understand.  Learn how your income interacts with tax brackets, Roth conversions, Social Security, and Medicare charges. We'll provide actionable strategies to help yo...

 Ever wonder how major economic shifts impact your retirement dreams? In this insightful episode, we break down the recent tariff rollback and uncover crucial lessons for your long-term financial strategy. We'll uncover the essential takeaways from market volatility, the enduring power of diversification, and the absolute necessity of staying the course.  Plus, I'll share excerpts from a...

In this episode, we explore three intelligent ways to use an inheritance or windfall to bolster your retirement plans. Key topics include assessing your assets, understanding tax implications, avoiding common mistakes, setting financial goals, and creating a recession-proof fund. We also cover long-term planning strategies, such as Roth conversions and tax-efficient investments.  Learn how to make...

Unlock the financial success code for your business! In this episode, I delve into a comprehensive checklist to supercharge your business finances throughout the year. You’ll discover the importance of growth assessments, how to pinpoint key performance indicators, and what it takes to set effective saving goals.   Sign up for the newsletter here: https://www.aquilawealth.com/newsletter   You can...

In the creative solopreneur space, the path to success often leads to a crucial crossroads: business reinvestment or stock market exploration. As a solopreneur managing your enterprise alone, the decision of where to channel surplus income can be perplexing. This episode explains the intricacies of this dilemma, guiding you through key considerations. Sign up for the newsletter here: https://www.a...

Unlock the secret to financial success as a solopreneur in this episode where we review the top financial strategies tailored to solo business owners. You’ll discover the power of the SOLO 401(k), a retirement plan designed for your business and you, enabling you to save a substantial amount pre-tax for your future, with options like the Roth. We’ll also explore the Roth/pre-tax component, the ben...

In today's episode, we're delving into the essential financial fundamentals that every business owner should have in place to achieve financial independence and long-term stability. It's a Financial Planning 101 for business owners, designed to provide you with the tools and knowledge you need to build a strong financial foundation. Monthly email newsletter sign-up: aquilawealth.com...

Have you ever heard the phrase, "The only way to lose is to quit"? When it comes to business ownership, this premise holds a profound truth: success is often achieved by the unwavering commitment to never giving up. In this episode, we delve into the top 10 strategies for ensuring the longevity and financial stability of your business. Discover the transformative power of compounding, an...

Listen in to hear common questions Entrepreneurs ask a Financial Advisor. In this episode, we cover Risk Planning, Entity Selection, Budgeting, Cash Flow, Taxes, and Retirement. Contact Us: https://www.aquilawealth.com/contact-us Eric Maldonado, CFP®, MBA Owner, Aquila Wealth Advisors, LLC (805)250-4552 info@aquilawealth.com San Luis Obispo, CA https://www.aquilawealth.com/ Disclosure: Aquila Weal...

Contact Us: https://www.aquilawealth.com/contact-us Eric Maldonado, CFP®, MBA Owner, Aquila Wealth Advisors, LLC info@aquilawealth.com San Luis Obispo, CA https://www.aquilawealth.com/ Disclosure: Aquila Wealth Advisors, LLC is a registered investment advisor in the state of CA, LA, and in other jurisdictions where exempt. All content on this podcast is for information purposes only. All informati...

Contact Us: https://www.aquilawealth.com/contact-us Eric Maldonado, CFP®, MBA Owner, Aquila Wealth Advisors, LLC (805)250-4552 info@aquilawealth.com San Luis Obispo, CA https://www.aquilawealth.com/ Disclosure: Aquila Wealth Advisors, LLC is a registered investment advisor in the state of CA, LA, and in other jurisdictions where exempt. All content on this podcast is for information purposes only....

Zoom out, and look at the markets from a larger vantage point to get some perspective. The further out you pull back on the results of the stock market on a graph, the more it looks obvious that the market only goes one direction historically. Contact Us: https://www.aquilawealth.com/contact-us Eric Maldonado, CFP®, MBA Owner, Aquila Wealth Advisors, LLC (805)250-4552 info@aquilawealth.com San Lui...

On a global macro-scale things are getting much better for people, whether it’s measured by extreme hunger, violence, or resources. See this video for more info on things getting better globally: https://www.youtube.com/watch?v=Jalfq9uWXQk. Yet, it doesn’t always feel like things are getting better. If we’re just looking at the news, it seems like things are always getting worse. When it comes to...

Business owners, are you taking steps to get the most value and income out of your business? My main takeaway from the book "Walking to Destiny 11 Actions An Owner Must Take To Rapidly Grow Value & Unlock Wealth" by Christopher M. Snider is that selling a business isn't just a one-time event in the future. Exit planning is a process that helps you get the most out of your busine...

Often, business owners rely on their business as their sole means of financial provision. Wouldn't it be nice to have a second leg to stand on financially? This episode talks about the benefits of investing in a separate tax-free asset, i.e., a Roth 401k, throughout your business ownership career. Contact Us: https://www.aquilawealth.com/contact-us Eric Maldonado, CFP®, MBA Owner, Aquila Weal...

Business Owners with young kids, do you find yourself wanting to invest more time and money into your family and kids while they’re still young? One way to force you to take the vacations, the trips, or spend the time away with your family and kids while they’re young is to set aside a certain amount of money into a separate business account every month. Once per quarter take that money as an owne...

When markets drop and your investment balances go down, it doesn’t make anybody feel “good.” It can be very stressful and worrisome to see your investment drop in value. What are some ways you can channel your feelings of fear and gloom into a more productive perspective when it comes to investing? Number 1, is to focus on your plan. Now, you might be saying, “I can’t go back in time to create a p...

In today’s episode, I’m talking about the hidden cost of investing in individual stock vs investing in a basket of companies inside of an Exchange Traded Fund (ETF), Index Fund, or Mutual Fund. Namely, the “emotional toll” it can take to invest in individual companies. Is it worth experiencing the stress and angst it takes to invest in individual companies? Sometimes, investing in a broad range of...

At the very least a good financial planner listens to you. It sounds obvious, but it’s so important for a financial planner to hear you out, hear your story, and hear your perspective on money. Is the financial planner asking you good questions and allowing you the time and space to think and answer? Do they allow you the time and space to ask all of your questions? These are all crucial elements...

In this episode, I discuss the “silent killer” of financial planning: inflation. One of the best antidotes to the negative effects of inflation is investing in great companies. You want your purchasing power to at least keep pace with rising prices. Contact Us: https://www.aquilawealth.com/contact-us Eric Maldonado, CFP®, MBA Owner, Aquila Wealth Advisors, LLC (805)250-4552 info@aquilawealth.com S...

In this episode, I provide a framework for determining how much you should invest in Bitcoin. Converting your investment choices into a percentage of your total wealth is a helpful guardrail to keep you in line with your goals. Contact Us: https://www.aquilawealth.com/contact-us Eric Maldonado, CFP®, MBA Owner, Aquila Wealth Advisors, LLC (805)250-4552 info@aquilawealth.com San Luis Obispo, CA htt...

In this episode I talk about Bitcoin 3 things to think about before investing in it: The wild swings in price. Spend time learning about it. Decide on the fraction of your wealth you’re going to start with at the front end. Contact Us: https://www.aquilawealth.com/contact-us Eric Maldonado, CFP®, MBA Owner, Aquila Wealth Advisors, LLC (805)250-4552 info@aquilawealth.com San Luis Obispo, CA https:/...

Eric Maldonado, CFP®, MBA Owner, Aquila Wealth Advisors, LLC (805)250-4552 info@aquilawealth.com Contact Us: https://www.aquilawealth.com/contact-us San Luis Obispo, CA https://www.aquilawealth.com/ Disclosure: Aquila Wealth Advisors, LLC is a registered investment advisor in the state of CA, LA, and in other jurisdictions where exempt. All content on this podcast is for information purposes only....

“One Word That Will Change Your Life” book reference: https://www.amazon.com/Word-That-Will-Change-Expanded/dp/1118809424/ref=asc_df_1118809424/?tag=hyprod-20&linkCode=df0&hvadid=312137955333&hvpos=&hvnetw=g&hvrand=3512396882551407615&hvpone=&hvptwo=&hvqmt=&hvdev=c&hvdvcmdl=&hvlocint=&hvlocphy=1014232&hvtargid=pla-568972756920&psc=1&tag=&...