America's Wealth Management Show

Are you aware of the potential pitfalls of early withdrawals from your retirement accounts? Dean Barber and Bud Kasper are going to take a deep dive into the IRA early withdrawal penalty and the exceptions to the 10% penalty. On America's Wealth Management Show, they reviewed the 20 exceptions to the IRA early withdrawal penalty that were outlined by their good friend, America's IRA Expert Ed Slot...

What's going on in the world of conservative investments? Dean Barber and Bud Kasper get to the bottom of it, as they examine what you need to know about CDs, bonds, and treasuries on America's Wealth Management Show. What are the characteristics, risks, and potential returns with CDs, bonds, and treasuries? There is a lot of analysis that goes into figuring all that out. More on this episode: htt...

Dean Barber and Bud Kasper always have a blast when they attend Ed Slott's Elite IRA Advisor GroupSM workshops. At the workshop they attended in April in Baltimore, they reviewed several things to consider before doing Roth conversions. Dean and Bud are going to give a brief recap of what they discussed at the workshop as they go over pros and cons of converting to a Roth IRA on America's Wealth M...

Many people dream about all the things they can do after they stop working, but how much do people spend in retirement? In October 2022, the Employee Benefit Research Institute conducted a survey on how the pandemic impacted people's spending in retirement. Some of the results could surprise you. Dean Barber and Bud Kasper are going to review some of the statistics from the survey to assess how mu...

Dean Barber and Bud Kasper have talked about asset allocation and tax allocation several times on America's Wealth Management Show. And they've discussed asset location quite a bit too. Do you have a good understanding of all three? Whether you do or not, they're going to offer some keen insight on asset allocation versus tax allocation and why both of them are important, so make sure to pay close...

When you're in your 50s or maybe early 60s, many of you will get to a point where you're about five years from retirement. If that's you, do you feel prepared for retirement? It's a crucial stage of the retirement planning process. Dean Barber and Bud Kasper are going to help us with explaining why the five years before retirement are so important on America's Wealth Management Show. Get started t...

Some people are more than ready to retire while others truly enjoy their jobs and don't have retirement on their minds. What camp are you in? Well, either way, you need to have a financial plan. There are many reasons to retire. What are yours? Dean Barber and Bud Kasper are going to elaborate on that as they review five reasons to retire on America's Wealth Management Show. Schedule a Meeting: ht...

Debt can be a complicated topic—both financially and emotionally. Should you pay it all off prior to retirement or is there some debt that's OK to take into retirement? Is there debt that you shouldn't even think about retiring with? Dean Barber and Bud Kasper examine retiring with debt on America's Wealth Management Show. Schedule a Meeting: https://modwm.com/radio-show/complimentary-consultation...

Time is always precious, but it becomes even more precious in retirement. Whether it's spending time with loved ones, time doing the things you love, or time free from financial worries, it's easy to see that time is your scarcest resource in retirement. The importance of cherishing your time in retirement isn't lost on us one bit. Dean Barber and Bud Kasper are going to further explain why time i...

Time is always precious, but it becomes even more precious in retirement. Whether it's spending time with loved ones, time doing the things you love, or time free from financial worries, it's easy to see that time is your scarcest resource in retirement. The importance of cherishing your time in retirement isn't lost on us one bit. Dean Barber and Bud Kasper are going to further explain why time i...

If you have most your retirement savings in a traditional IRA or 401(k), maybe it's time for you to think about Roth conversions. The thing is that deciding to contribute to Roth vs. traditional isn't cut and dry. For some people, Roth conversions can be a tax planning strategy that results in hundreds of thousands of dollars in tax savings. But for others, doing Roth conversions could cause unint...

In case you missed it earlier this week, we had some very exciting news to share! Barber Financial Group and Osiwala Financial Group are now Modern Wealth Management. This is a big announcement that the Modern Wealth Management team is excited about, but we also know that there might be some questions that you have about it. Modern Wealth Management President and Co-Founder Jason Gordo joined Mode...

Another tax filing season is in the books, which is probably a big relief for some of you and our CPAs. But that doesn't mean it's time to take an out-of-sight, out-of-mind approach with your tax documents and 2023 taxes. Why? Because 2023 tax planning season is underway. Dean Barber and Bud Kasper will share why now is the optimal time to take advantage of tax planning opportunities so that tax f...

Dean Barber and Bud Kasper share their thoughts on what's going on with inflation and how you can plan for it. Schedule a Meeting: https://barberfinancialgroup.com/radio-show/complimentary-consultation/?utm_source=Radio-Podcast&utm_medium=AWMS&utm_campaign=is-inflation-slowing Start Planning Here: https://barberfinancialgroup.com/retirement-planning-tool/radio/?utm_source=Radio-Podcast&utm_medium=...

Retirement Age is a term tossed around quite often when it comes to discussing planning for retirement. Dean Barber and Logan DeGraeve breakdown some myths associated with the term "retirement age" and how it may mean less than you think. Schedule a Meeting: https://barberfinancialgroup.com/radio-show/complimentary-consultation/?utm_source=Radio-Pod&utm_medium=AWMS&utm_campaign=retirement-age Star...

Having a strategy for you retirement withdrawals is crucial. Dean Barber and Logan DeGraeve discuss why on the latest episode of America's Wealth Management Show. Schedule a Meeting: https://barberfinancialgroup.com/radio-show/complimentary-consultation/?utm_source=Radio-Pod&utm_medium=AWMS&utm_campaign=retirement-withdrawal-strategy Start Planning Here: https://barberfinancialgroup.com/retirement...

We try to share as much education with you as possible on things you should do to prepare for and do in retirement so that you can live your one best financial life. But there are things that you need to avoid doing in retirement as well. Dean Barber and Bud Kasper review a few things that retirees should stop doing on the latest episode of America's Wealth Management Show. Schedule a Meeting: htt...

In case you missed it, Federal Reserve Chairman Jerome Powell announced another 0.25% Fed funds rate hike on March 22. The Fed funds rate is now in the 4.75-5% range. So, where will interest rates go from here and what does that mean for you and your retirement plans? Dean Barber and Bud Kasper will discuss the effect of rising interest rates on the economy and much more on America's Wealth Manage...

There are new rules about Required Minimum Distributions and the RMD age after the SECURE Act 2.0 went into effect on January 1, 2023. RMDs can be very tricky, but it's critical to understand how to plan for them. What are your RMDs going to look like in retirement? Will they influence your taxes or your probability of success? Dean Barber and Logan DeGraeve discuss how to go about doing that and...

We talk a lot about stress testing for a variety of economic conditions when building a financial plan. It becomes that much more important when a lost decade occurs. That's when the stock market is flat for 10 years or more. Dean Barber and Logan DeGraeve look at some recent examples of lost decades—such as the 1970s and 2000s—and how to ensure that you can still retire with clarity and confidenc...

According to Fidelity, retirees lost an average of 23% in their 401(k) savings in 2022. That's devastating. But that begs the question, why do retirees still have money in 401(k) accounts? Bud Kasper and Logan DeGraeve are going to discuss how to protect assets like your 401k in retirement, especially during difficult times in the market. Schedule a Meeting: https://barberfinancialgroup.com/radio-...

Even with being super busy during tax season, CPA and Director of Tax, Corey Hulstein was kind enough to take some time to join Dean Barber and Bud Kasper on America's Wealth Management Show to help answer the question, what is tax planning? Find resources from this episode here: https://barberfinancialgroup.com/what-is-tax-planning/?utm_source=YouTube-BFG&utm_medium=AWMS&utm_campaign=what-is-tax-...

So, let's say you want to retire in 10 years. What do you need to do to start planning for retirement? Bud Kasper, CFP® and Logan DeGraeve, CFP® discuss how to begin building a financial plan, what all you need to consider when planning for retirement, and much more on America's Wealth Management Show. Find resources from this episode here: https://barberfinancialgroup.com/want-to-retire-in-10-yea...

Do you remember when IRAs were good? Congress messed that up with the SECURE Act. IRAs are now a bad wealth transfer option. Dean Barber and Bud Kasper will help explain why that is and what all to consider when transferring wealth to your loved ones. Find resources from this episode here: https://barberfinancialgroup.com/transferring-wealth-iras-are-a-bad-option/?utm_source=YouTube-BFG&utm_medium...