Foster & Motley : A Podcast About Wealth & Life

While tax savings may not be a primary driver for your charitable contributions, being aware of opportunities can help you amplify your impact.  In this episode, Emily K. Diaz, MAcc, CPA, CFP®, of Foster &  Motley shares valuable insights on year-end charitable giving, the benefits of planning ahead, and its connection to tax planning. Whether you wish to give to your family, directly to an or...

We’ve all heard that diversification in our investment portfolio is important, but it’s bigger than diversifying among US stocks only. In this episode, Zach Horn, MBA, CFP®, CMFC®, discusses the importance of diversifying portfolios with international investments. He explores the differences between established and emerging markets, the historical performance of US stocks versus international stoc...

Ever wondered about the difference between checking, savings, and brokerage accounts? In this episode, David J. Nienaber, MBA, CPA, CFP®, discusses the distinctions between checking accounts, savings accounts, and brokerage accounts. He highlights benefits of each and how they function together. Additionally, he explains how brokerage accounts can be platforms for purchasing stocks, bonds, and mut...

In this episode, Tony R. Luckhardt, MBA, CFP®, CRPC®, sits down with Dan Bisig, the  President and Founder of College and Beyond, to dive into the world of college planning.  Get ready for valuable insights and a positive perspective on the college journey!  Dan discusses the importance of early planning, not only from a financial perspective but also in terms of finding the perfect academic and s...

Have you recently wondered why the performance of companies like Apple, Microsoft, Amazon, Nvidia, and Google significantly impacts the overall market?  Diversification is not just a buzzword, it’s an important strategy for managing portfolio risk. If you’re unsure about your investments’ concentration, check out this episode as Thom Guidi, CFA, discusses stock concentration and market breadth as...

When it comes to our day-to-day lives, delegating certain responsibilities can actually free up our mental space, giving us time to focus on what we do best. In this episode, Rachel Rasmussen, MBA, CFA, CDFA®, and Nick Roth, CFP®, discuss the concept of having a Chief Financial Officer (CFO) for your personal life. They explain the benefits of having a CFO-like advisor who can provide information...

You’re likely familiar with the idea that for every action, there’s a corresponding reaction. This concept rings true in financial planning as well. With nearly every financial decision you make, there aretax consequences waiting in the wings. In this episode, Zach Binzer, CFP®, discusses the nuances associated with different investment account types and how tax considerations vary from one to the...

You’ve seen the ads on TV and in your mailbox, but what really are the important things to know before you choose a Medicare plan? And what are the differences between Part A, B, and D?  In this episode of the Foster & Motley podcast about Wealth & Life, Dave Nienaber is joined by Marisa O’Neill, CEO of Retire Med to explain. Marisa shares the differences and details about the different pa...

Saving for college may seem like it starts as soon as you learn about a new addition to the family. With all the discussions about 529 plans to invest in future educational expenses, recent changes have actually made things better, for the most part. In this episode, Tony Luckhardt, ​​MBA, CFP®, CRPC®, discusses changes to rules around  529  accounts and how they relate to saving for college, and...

In a world where uncertainty lurks around every corner, humans have an innate desire to predict the future, particularly when it comes to things that may impact them negatively. Economic forecasting is one such endeavor, attempting to navigate the complex currents of financial markets and emerging economies.  In this episode, Luke Hail, MBA, CFP®, and Ryan English, MBA, CFA, CPA, CFP®, discuss the...

When the tax deadline looms near and you find yourself in need of more time to complete your return, what steps should you take? It’s a common situation; about 12% of tax returns filed each year are extended! Maybe life got busy or perhaps you have a complicated financial situation and find yourself waiting on forms needed to file your return. Either way, there’s no need to stress! Tax extensions...

Not all insurance plans are created equal, which is why having the right partner matters. In this episode, Rachel Rasmussen, MBA, CFA, CDFA®, is joined by Erin Blevins from Oswald Insurance to dive into property and casualty insurance specifically.  They discuss how to make sure you have the right coverage for your situation and  the importance of planning for unknown risks.  Erin also shares abou...

Are you curious about the role of bonds in an investment portfolio and how they react to economic shifts?   In this episode, Thom Guidi, CFA, and Sarah Conwell, CFA, delve into the crucial lesson of incorporating bonds into your investment strategy and what the benefits are. While bonds serve as a protective measure during bear markets and deliver a consistent income stream that is less influenced...

Have you thought about supporting your children in purchasing their first home? With the increasing  interest rates, there is a growing trend of parents stepping in to provide assistance with down payments or initial purchases. In this episode, Joe Patterson, CFP, delves into the burgeoning trend of family loans and examines the various strategies parents can employ when considering this option to...

We are traveling around the world with the individuals of Foster and Motley!  Join us as we traverse the globe, guided by the insights of Zach Binzer, CFP®, Niki Williams, Joe Patterson, CFP®, Rachel Rasmussen, MBA, CFA, CDFA®, Nick Roth, CFP®, Sara Young, CFP®, Zach Horn, MBA, CFP®, CMFC®, Tony Luckhardt, MBA, CFP®, CRPC®, and Betsy Wolking, MSM. In this episode, a few of the employees at Foster...

In a world where tapping your phone on a credit card machine is the norm, it can be hard for kids to grasp and truly understand the value of money  but, it’s important to teach them about money, and how to prioritize saving, spending, and giving so they have a healthy relationship with money as they get older.   In this episode, Rachel Rasmussen, CFA, CDFA®, and Tony Luckhardt, CFP ®, CRPC®, discu...

As you prepare to venture out into the world, it’s time to embrace real responsibility. Regardless of your current situation, taking the initiative to get essential estate planning documents is a crucial step for any young adult. In this episode, Nick Roth, CFP®, emphasizes that turning 18 brings about a significant shift in legal recognition, with newfound responsibilities and limitations that ma...

You’ve taken care of your will, power of attorney, and established a trust, but there is one more document you should consider as you think through your estate plans: a family letter. In this episode, Zach Horn, MBA, CFP®, CMFC®, emphasizes the significance of having a family letter as a supplement to your estate planning documents. A family letter can provide a personal touch to your last wishes...

It is a wonderful thing when you reach a point in your career where you receive additional compensation such as stock awards. However, not all stock grants are created equal, and understanding the nuances and tax consequences is essential to maximizing their benefits. Join us in this episode as we explore the complex world of stock grants with Joe Patterson, CFP®.  Joe shares his expertise and ins...

While many of us associate inflation with the increased costs of basic necessities such as gas, groceries, or haircuts, its impact is much broader than that. Inflation is a complex topic that affects every aspect of our financial lives – from day-to-day expenses to long-term goals such as homeownership and retirement planning. Join us in this episode as David J. Neinaber, MBA, CPA, CFP®, provides...

Did you know that the United States ranks 4th in the world for the highest number of divorces?  If you’re going through a divorce, it’s essential to understand the financial implications that could impact your future.  In this episode, Rachel Rasmussen, MBA, CFA, CDFA®, and Joe Patterson, CFP®, help us understand the divorce process so you can plan for your financial future. You’ll also learn how...

Have you ever received a letter in the mail telling you that you are eligible for a class action lawsuit, potentially due to a purchase you made? You might be wondering why you are receiving these cryptic mass messages and what they mean…  In this episode, Thom Guidi, CFA, explores the world of Class Action Litigation, shedding light on its vital components. Thom explains how class action suits ar...

Inheriting money can be a significant event in your life, and it’s essential to know what to do next. Navigating the emotions associated with the loss can be hard enough, let alone dealing with financial decisions that will impact your future.   In this episode, Zach Binzer, CFP®, and Ryan English, MBA, CFA, CPA, CFP®, discuss the steps needed to navigate the inheritance process. From understandin...

The decision to sell a business can be a difficult one, especially when you have invested significant time, effort, and personal attachment. It may be one of the most significant financial decisions you will ever make. In this must-listen episode, David Nienaber, MBA, CPA, CFP®, shares his expert advice on the best time to sell your business. As a seasoned business professional and successful entr...

Many studies have shown that money can be a significant source of conflict in relationships. What if one partner is a saver and the other a spender? How do you align on your goals for the next 5, 10, or 15 years?  In this episode, Tony Luckhardt, MBA, CFP®, CRPC®, and Rachel Rasmussen, MBA, CFA, CDFA®, go into detail about the importance of communication and getting on the same page when dealing w...