Old Fashioned Finance

The Drink: Stagg Jr. The Topic: Cognitive Bias The boys landed a unicorn bourbon to try on the show! This week Jason and Caleb explore the world of behavioral finance. They’ll be talking about some common cognitive biases that can get in the way of making good financial decisions, and how to avoid them.

The Drink: The Martinez The Topic: Credit Cards Everyone has an opinion on credit cards. This week Jason and Caleb discuss the many pros and cons of using credit cards. They’ll talk about some common misconceptions and the pitfalls for using them incorrectly. For this week’s cocktail, the boys are going back to the old timey days to try a classic, the Martinez.

The Drink: Applejack Sour The Topic: Financial Gratitude On this week’s episode, Jason and Caleb bring you a great cocktail recipe to share at the Thanksgiving table. Mix up an Applejack Sour and join the conversation about financial gratitude (and the regular kind too). It’s an episode for thanks and giving! We love you. Get used to it, we say it now.

The Drink: The Sazerac The Topic: Roth Conversions The Sazerac is a classic N’awlins drink with a rich history. The Roth IRA is a classic way to establish a rich future. This week, Jason and Caleb talk about the importance of developing a strategy for converting traditional retirement assets into Roth assets. They’ll talk about the pros of executing these conversions successfully, and the cons of...

The Drink: Campfire Sling The Topic: Early Retirement Withdrawals For most Americans, retirement accounts make up the bulk of their assets. Which is probably why so many people take early withdrawals when expenses come up. But does it ever really make sense to take money from retirement accounts early? This week Jason and Caleb will dive into if and when it makes sense. They’ll put some math behin...

The Drink: Hot Buttered Rum The Topic: Qualified Charitable Distributions Deferred retirement accounts are great, but taxes can’t be deferred forever. Or can they? Jason and Caleb talk about the required minimum distribution and what that means for your retirement accounts. You’ll also learn how charitable distributions from retirement accounts can mean tax savings and amplified giving. You won’t...

The Drink: Apple Cider Manhattan The Topic: The Wonders of Compound Interest Welcome to the wonderful world of compound interest! We’ve all heard of it, but how does it actually work? Spoiler Alert: It’s not rocket science! This week Jason and Caleb talk about how compounding can work in your favor or against you. More importantly they’ll also discuss the practical applications for your finances....

The Drink: Dark & Stormy The Topic: Risk Tolerance Too much time and energy is spent on matching up risk tolerance with how portfolios are invested. But why? Is time horizon more important? Listen as Jason and Caleb talk about what risk tolerance is, and why it’s value is oftentimes overstated. They mix up some Dark & Stormy cocktails while they are at it.

The Drink:Maple Old Fashioned The Topic: Order of Savings You probably understand the importance of saving for the future. But how can you be sure that you are putting money in all the right places? Could you be leaving free money on the table!? This week, the Jasons and Caleb sit down to discuss the order of savings. 401(k)s and IRAs and HSAs, oh my!

The Drink: Jefferson’s Ocean Aged At Sea Voyage 23 The Topic: Becoming Self Employed So you want to be self-employed. It sounds great! We are big supporters of small business and the benefits it offers to the owners and society, but it’s not all roses. Join Jason and Jason B. as they talk about how to take the leap to becoming self-employed, what to watch out for, and what they wish they knew when...

The Drink: Rob Roy The Topic: 401k Rollovers It’s the age old question. Should you rollover your 401k or not? While it can be confusing, it's not rocket science. Caleb and Jason discuss when it makes sense to rollover your old retirement plan, and when you should leave it alone. Sit back and enjoy this twist on the classic Manhattan, the Rob Roy!

The Drink: El Presidente The Topic: Retirement Distributions You’ve saved. You’ve invested. You’ve put in the hard work. Now it’s time to flip the switch! Sounds easy, right? Not so fast, my friend. Listen as Jason and Caleb discuss 3 pitfalls that can wreck your plan for distributions in retirement. On this week’s episode the boys mix up a forgotten classic, the El Presidente.

The Drink: Rolls Royce The Topic: New Car vs. Used Car Should you buy a new or used car? Is leasing ever a good option? How much should you really spend? These are all good questions. Jason and Caleb answer these and more on this week’s episode of Old Fashioned Finance. Join the fun with a perfect pairing: the Rolls Royce cocktail, a luxury twist on a classic martini. This one’s gonna be fancy!

The Drink: 1792 Small Batch The Topic: Small Business Retirement Plans If you are a small business owner, or you work for a small business owner, this one’s for you. Listen in as Caleb and Jason B. discuss the nuts and bolts of the most common small business retirement plans. Don’t worry, they keep things SIMPLE and focus on how these plans can work for you! This week the boys are enjoying a pour...

The Drink: The Brooklyn The Topic: Mutual Funds What the heck is a mutual fund anyway? They may sound confusing, but don’t need to be. On this week’s episode Jason & Caleb explain the basics. Sit back, relax, and mix up a Brooklyn (a unique take on Manhattans) and enjoy the conversation.

The Drink: Tom Collins The Topic: Do You Need A Trust? Estate planning can be tricky to say the least, and trusts can be a valuable tool in the right situation. But how do you know if a trust is appropriate for you, or if you’re just being sold by a smooth talking salesman? Jason and Caleb clear up some common misconceptions while enjoying a summer classic: The Tom Collins.

The Drink: The Improved Brandy Cocktail The Topic: 7 Lies Financial Advisors Tell Have you ever wondered if your financial advisor is telling the truth? Are they really looking out for you? Jason and Caleb talk about 7 lies financial advisors tell, and how to spot them.

The Drink: Mojito The Topic: Retirement Preparation Are you prepared for retirement? Regardless of where you are in your journey, there’s work to be done today! Listen as Jason and Caleb share 5 essential steps to take before pushing the button. And no, drinking a Mojito is not on the list, but you should do that anyway.

The Drink: Vieux Carré The Topic: Everyone that has looked into investing even a little bit has probably heard that diversifying is a good thing, but what exactly does it mean? Jason and Caleb talk about what diversification is and what it isn’t and how it can help you while drinking a New Orleans based spin on the Manhattan: the Vieux Carré.

The Drink:Bloody Mary The Topic: Personal Balance Sheet Going hand in hand with your budget should be a personal balance sheet. But how do you go about creating one? How often should you update it? It’s easier than you think. Jason and Caleb somehow manage to mix up vodka based drinks in back to back weeks and try Bloody Marys for the first time.

The Drink:Harvey Wallbanger The Topic: Annuities Annuities are one of the most oversold and least understood products out there. So what is the disconnect? Who actually needs one? Listen as Jason and Caleb debate while sharing an interesting take on the Screwdriver cocktail, the Harvey Wallbanger.

The Drink:Delilah AKA The White Lady AKA Chelsea Sidecar The Topic: Financial Infidelity There are few things as damaging to a relationship as financial infidelity. But what exactly is financial infidelity? Are you hiding assets or debt? Are you honest about spending? Are you cheating? How can you prevent it?

The Drink: The Manhattan The Topic: How To Invest In Your 401(k) We all have a tendency to overcomplicate things, especially when it comes to investing. Jason and Caleb aim to simplify investing in 401(k) and other employer sponsored retirement plans. After all, it’s not rocket science!

The Drink: Moscow Mule, Kentucky Mule, Mexican Mule, Gin Gin Buck The Topic: Do You Really Need A Budget? Budgeting is something that we would all agree is a good thing. But does everyone need a formal budget? Jason and Caleb get to the heart of it while enjoying variations of a classic budget cocktail.

The Drink: Gin and Tonic The Topic: Health Savings Accounts Health savings accounts are often overlooked and underutilized in the retirement planning process. Jason & Caleb discuss ways to incorporate the HSA as an effective tool for your retirement utility belt.