Money Made Modern with Sheridan Murphy

Sheridan Murphy, a CFP, discusses how high-income business owners can optimize their tax strategies, avoid common pitfalls, and preserve wealth through sophisticated planning. This episode offers actionable insights and exclusive opportunities for strategic reviews.  If you would like more information Call Sheridan Murphy and his team  800-910-6286  or click here to visit our websit...

In this episode of Money Made Modern, Sheridan Murphy discusses the top financial mistakes successful business owners make, including over-reliance on business value for retirement, neglecting net worth, tax planning pitfalls, and poor exit strategies. Learn how to avoid these costly errors and plan for a secure financial future.  If you would like more information Call Sheridan Murphy and hi...

In this episode, Sheridan Murphy discusses common financial mistakes that successful business owners make, including tax strategies, wealth building, and business succession planning. Learn how to avoid pitfalls and create more freedom, flexibility, and financial certainty.  If you would like more information Call Sheridan Murphy and his team  800-910-6286  or click here to visit ou...

Sheridan Murphy discusses the impact of national debt, future tax strategies, and international diversification for affluent investors and families. Learn how to proactively protect your wealth in an uncertain economic environment.  If you would like more information Call Sheridan Murphy and his team  800-910-6286  or click here to visit our website. Retirement, Planning, 401K, Insu...

Sheridan Murphy, a CFP and CEO of Modern Wealth Methods, discusses common financial mistakes made by successful business owners and how to avoid them. Topics include concentration risk, lifestyle creep, tax efficiency, and strategic planning for wealth preservation.  If you would like more information Call Sheridan Murphy and his team  800-910-6286  or click here to visit our websit...

Sheridan Murphy, a CFP and founder of Modern Wealth Methods, shares advanced strategies for business owners to optimize their wealth, including vehicle depreciation, real estate strategies, and borrowing against appreciated assets. Discover how to keep more money in your pocket and plan for a secure future.  If you would like more information Call Sheridan Murphy and his team  800-910-62...

Sheridan Murphy discusses underrepresented financial opportunities including hidden flexibility in workplace retirement accounts, private investments, and direct real estate ownership. Learn how to diversify your portfolio and maximize your financial strategy with expert insights.  If you would like more information Call Sheridan Murphy and his team  800-910-6286  or click here to v...

On this edition of Money Made Modern with host Sheridan Murphy, learn how to define a meaningful retirement that goes beyond financial freedom. Discover actionable insights for a fulfilling retirement experience. Retirement is often seen as the ultimate goal in one’s career—an end to the daily grind and a chance to enjoy life at a different pace. But what many don’t realize is th...

In this episode, Sheridan Murphy, CFP and founder of Modern Wealth Methods, shares insights on proactive tax planning for business owners. Discover strategies to optimize your income structure, reduce taxes, and build long-term wealth, all while avoiding the common pitfalls of reactive planning and transactional relationships.  If you would like more information Call Sheridan Murphy and his t...

Sheridan Murphy discusses why many business owners overpay in taxes, the importance of proactive tax planning, and strategies to optimize financial structures for better wealth retention. Topics that will be touched on this week, identifying tax leaks and their impact, strategies for effective tax planning, Introduction to tax planning for business owners, and understanding tax frustrations. ...

Sheridan Murphy, a CFP and CEO of Modern Wealth Methods, shares expert insights on how business owners can identify and fix financial leaks in their companies. This episode covers structuring business finances, reducing taxes, and building personal wealth from business profits. If you would like more information Call Sheridan Murphy and his team  800-910-6286  or click here to visit our...

On this edition of Money Made Modern Sheridan Murphy discusses critical financial structuring for business owners. The focus: income strategies, tax efficiency, and wealth diversification to ensure long-term success and exit readiness.  If you would like more information Call Sheridan Murphy and his team  800-910-6286  or click here to visit our website. Retirement, Planning, 401K,...

Discover why your business isn't your retirement plan and learn how to strategically plan for a successful exit. Sheridan Murphy shares insights on valuing your business, avoiding common pitfalls, and building wealth outside your company.  If you would like more information Call Sheridan Murphy and his team  800-910-6286  or click here to visit our website. Retirement, Planning, 401...

This episode uncovers the common financial pitfalls business owners face, including the million-dollar tax mistake, the S-Corp compensation trap, and the founder wealth trap. Sheridan Murphy shares expert insights on strategic planning, tax optimization, and building lasting wealth.  If you would like more information Call Sheridan Murphy and his team  800-910-6286  or click here to...

This episode explores the common pitfalls that business owners face in wealth building, including the founder wealth trap, tax strategies, and exit planning. Sheridan Murphy shares insights on how entrepreneurs can diversify assets, optimize taxes, and plan for a successful business sale to secure long-term wealth.  If you would like more information Call Sheridan Murphy and his team  80...

On this edition of Money Made Modern host Sheridan Murphy discusses the silent financil gaps business owners face and what to do about it. High-income business owners often feel invincible, riding the wave of their success. However, beneath the surface lies a set of financial vulnerabilities that can jeopardize their financial well-being. On this episode, we'll delve into the three silent gaps&mda...

In this conversation, Sheridan Murphy discusses the critical issue of capital allocation for business owners, emphasizing the common pitfalls that lead to misallocation of funds. Sheridan explores the concept of lifestyle creep, where increased income leads to increased spending without proper planning. The discussion also covers the importance of strategic debt management in a higher interest rat...

In this episode of Money Made Modern, Sheridan Murphy discusses the three financial leaks that can cost business owners millions. The conversation covers tax inefficiencies, the importance of proactive tax strategies, underutilized retirement deductions, and the risks associated with over-concentration of wealth in a business. The episode emphasizes the need for a solid retirement strategy and the...

This episode of Money Made Modern focuses on the unique challenges faced by high net worth business owners, including the importance of diversifying business concentration, optimizing taxes, and planning for retirement and wealth transfer. Sheridan Murphy discusses various strategies such as S-Corp optimization, maximizing retirement contributions, and utilizing trusts for effective estate plannin...

This conversation focuses on the unique financial challenges faced by business owners, emphasizing the importance of tailored financial planning, tax strategies, and retirement planning. Sheridan Murphy discusses common mistakes business owners make, such as overpaying in taxes and failing to plan for retirement. The conversation also highlights the significance of having a clear exit strategy and...

Coming up on this episode of Money Made Modern with Sheridan Murphy, the conversation delves into the impending great wealth transfer from baby boomers to their heirs, estimated to be between $84 to $124 trillion. It emphasizes the importance of smart planning to avoid significant tax burdens and family disputes. The discussion covers various strategies for effective wealth transfer, including lif...

In this episode of Money Made Modern, Sheridan Murphy discusses the financial security of business owners, focusing on the importance of understanding business structure, tax implications, and the need for a solid retirement and exit strategy. The conversation emphasizes the necessity of separating personal and business finances, the benefits of S-Corp status, and the risks of relying solely on bu...

In this episode of Money Made Modern, Sheridan Murphy discusses the evolving landscape of retirement planning amidst recent interest rate cuts and persistent inflation. The conversation highlights the inadequacy of Social Security for many retirees, the importance of diversified income streams, and the need for adaptable withdrawal strategies. Positive trends in retirement savings are noted, along...

In this episode of Money Made Modern, Sheridan Murphy discusses the critical importance of year-end tax planning for retirees, emphasizing the need to make smart tax moves before December 31st. The conversation transitions into understanding retirement income needs, highlighting that there is no one-size-fits-all answer to how much money is needed for retirement. The discussion then shifts to navi...

In this episode of Money Made Modern, Sheridan Murphy discusses the critical aspects of business planning, particularly for business owners. The conversation covers the importance of having a proper business structure, the significance of retirement planning, and the common misconception that a business can serve as a retirement plan. Various retirement options such as SEP IRAs and 401ks are explo...