Money On Tap

The Gist: A salute to Fathers – appreciating and honoring Fathers through thoughtful and humorous quotes. ..Tips on growing your IRA/401K – things to do and not to do. Today’s main topic: Seth and Ben talk about transition support for our aging parents. An enormous conversation that details many aspects that need to be considered […] The post 401(K) Tune Up appeared first on Money On Tap. Do I rea...

Property and Casualty Insurance go hand in hand with financial planning. The post 2 Truths and a Lie appeared first on Money On Tap. Do I really need $1.16 million to retire? Not necessarily. That figure assumes $84,000 in annual spending funded by Social Security plus a 4% portfolio withdrawal. Guaranteed income changes the math: a couple with a pension or annuity covering their core expenses can...

On this Money on Tap we look at Monte Carlo simulation to help us understand the impact of risk and uncertainty when it comes to financial forecasting models. It helps us see many of the potential outcomes and the potential risk of those decisions. The post Monte Carlo appeared first on Money On Tap. Do I really need $1.16 million to retire? Not necessarily. That figure assumes $84,000 in annual s...

The grim reality of that special day that comes every year – Tax Day! Today we look at that dreaded day and some of the things you should be aware of and how it may affect you. The post Death and Taxes…Smile :) appeared first on Money On Tap. Do I really need $1.16 million to retire? Not necessarily. That figure assumes $84,000 in annual spending funded by Social Security plus a 4% portfolio withd...

Preparing your legacy for the generation to follow is best done proactively before the deathbed, putting all the legal pieces in place while there is time to make sound judgment decisions. The post Legacy Planning appeared first on Money On Tap. Do I really need $1.16 million to retire? Not necessarily. That figure assumes $84,000 in annual spending funded by Social Security plus a 4% portfolio wi...

Synopsis: Discussing Life insurance at a Party may be a conversation crusher but understanding the importance of being properly insured and how it can bring peace of mind is a hugely necessary conversation. Find out on today’s show how The Power of Life Insurance can make a big difference in an emergency. Money in the […] The post The Power of Life Insurance appeared first on Money On Tap. Do I re...

Synopsis:  Looking at a couple of methods of investing: Passive and Tactical. Exploring the major differences between the two and identify the pros and cons. Why you might choose a more conservative investment over an aggressive one. Also a look at Risk Tolerance. Money in the News:  Ninety-Three year old Iowa man has his wedding […] The post Investing With Your Money Passive & Tactical Investing...

Synopsis:  A rundown of how the market turned out in 2018. The last quarter was a particular challenging year and December was especially volatile in 2018. Money in the News:  Portland Oregon man locked in Burger King Bathroom for an hour. As compensation, local manager offers man free Burger King Meals for life until district […] The post The Most Wonderful Time of the Year appeared first on Mone...

The market is currently a nightmare but fortunately market nightmares do end and preparing for nightmares can be better too. Volatility in the market can be a scary thing and cause us to react out of fear. Ben, John and Seth help us to make wise, proactive decisions in an unpredictable environment. Seek the help […] The post The Do's and Don'ts of Market Volatility appeared first on Money On Tap....

Because every horrific show deserves a sequel. In the next 20 plus years a huge wave of individuals will be retiring in what is being called The Retirement Tsunami. In part two of The Retirement Tsunami, we’ll look at Solutions – steps investors can take to help make things better in retirement years. Making better […] The post The Return of The Retirement Tsunami appeared first on Money On Tap. D...

In the next 20 plus years a huge wave of individuals will be retiring in what is being called The Retirement Tsunami. The post Retirement Tsunami appeared first on Money On Tap. Do I really need $1.16 million to retire? Not necessarily. That figure assumes $84,000 in annual spending funded by Social Security plus a 4% portfolio withdrawal. Guaranteed income changes the math: a couple with a pensio...

A lot of fun on this episode. We get into some ways people lock themselves into or out of options in retirement and get to spend some time with Jobin Roofing. The post The Retirement Trap – You Never Saw Coming appeared first on Money On Tap. Do I really need $1.16 million to retire? Not necessarily. That figure assumes $84,000 in annual spending funded by Social Security plus a 4% portfolio withd...

F.I. It's the comeback movement you can be a part of and we love. Why not get free and retire early or get free and do the work that fulfills you. The post Financial Independence appeared first on Money On Tap. Do I really need $1.16 million to retire? Not necessarily. That figure assumes $84,000 in annual spending funded by Social Security plus a 4% portfolio withdrawal. Guaranteed income changes...

Target date funds are a taking center stage. Are these easy to use retirement planning strategies or just setting us up for retirement failure? The post When Target Date Funds …. Hit The Fan! appeared first on Money On Tap. Do I really need $1.16 million to retire? Not necessarily. That figure assumes $84,000 in annual spending funded by Social Security plus a 4% portfolio withdrawal. Guaranteed i...

Discover Solutions to Insurance In This Changing Menu of Long Term Care.   The post Long Term Health Care Second Course appeared first on Money On Tap. Do I really need $1.16 million to retire? Not necessarily. That figure assumes $84,000 in annual spending funded by Social Security plus a 4% portfolio withdrawal. Guaranteed income changes the math: a couple with a pension or annuity covering thei...

The enormous rising costs of healthcare and insuring your ability to plan for these are what's happening today on Money On Tap.   The post Long Term Health Care… It's What's For Dinner appeared first on Money On Tap. Do I really need $1.16 million to retire? Not necessarily. That figure assumes $84,000 in annual spending funded by Social Security plus a 4% portfolio withdrawal. Guaranteed income c...

We have all felt the irritation and pain of being judged. Many of us are even critical of ourselves. Welcome to the No Judgement Zone, prepare to rid ourselves of limiting mindsets and start talking about dreams and goals. Even better lets start creating a plan on how to accomplish them. The post The No Judgement Zone! appeared first on Money On Tap. Do I really need $1.16 million to retire? Not n...

Delaying retirement may not sound like the ideal plan but more and more people are discovering how meaningful and fulfilling this can be. The post Delaying Retirement appeared first on Money On Tap. Do I really need $1.16 million to retire? Not necessarily. That figure assumes $84,000 in annual spending funded by Social Security plus a 4% portfolio withdrawal. Guaranteed income changes the math: a...

One of the greatest privileges is for us to speak into the next generation. Learn about lessons others have taught us and are valuable to leave behind. The post Investing In The Next Generation appeared first on Money On Tap. Do I really need $1.16 million to retire? Not necessarily. That figure assumes $84,000 in annual spending funded by Social Security plus a 4% portfolio withdrawal. Guaranteed...

One of the largest wealth transfers is upon us. Learn what you need to know in order to deter the tax man. The post The Best Way To Inherit An IRA appeared first on Money On Tap. Do I really need $1.16 million to retire? Not necessarily. That figure assumes $84,000 in annual spending funded by Social Security plus a 4% portfolio withdrawal. Guaranteed income changes the math: a couple with a pensi...

Hindsight is 20/20. Discover 9 of the most common money mistakes that you can avoid. The post 9 Common Money Management Mistakes appeared first on Money On Tap. Do I really need $1.16 million to retire? Not necessarily. That figure assumes $84,000 in annual spending funded by Social Security plus a 4% portfolio withdrawal. Guaranteed income changes the math: a couple with a pension or annuity cove...

Explore With Us One Of The Building Blocks Of Great Personal Finance.   The post Financial Inventory – Where do you Stand Financially appeared first on Money On Tap. Do I really need $1.16 million to retire? Not necessarily. That figure assumes $84,000 in annual spending funded by Social Security plus a 4% portfolio withdrawal. Guaranteed income changes the math: a couple with a pension or annuity...

Some Spend Others Save, Chances Are If You Are One, You Married The Other. Have Fun! Learning How To Be Successful Together In Marriage. The post Marriage & Finances appeared first on Money On Tap. Do I really need $1.16 million to retire? Not necessarily. That figure assumes $84,000 in annual spending funded by Social Security plus a 4% portfolio withdrawal. Guaranteed income changes the math: a...

Annuities- 5 Questions To Ask If They're Right For You The post Annuities – 5 Questions To Ask If They're Right For You appeared first on Money On Tap. Do I really need $1.16 million to retire? Not necessarily. That figure assumes $84,000 in annual spending funded by Social Security plus a 4% portfolio withdrawal. Guaranteed income changes the math: a couple with a pension or annuity covering thei...

401Ks – Great! Now What? The post 401Ks – Great! Now What? appeared first on Money On Tap. Do I really need $1.16 million to retire? Not necessarily. That figure assumes $84,000 in annual spending funded by Social Security plus a 4% portfolio withdrawal. Guaranteed income changes the math: a couple with a pension or annuity covering their core expenses can retire securely on far less, because thei...