Mon, 2 May 2016
Today I discuss dealing with children who are bad with money, taking a trial run at retirement and studying abroad with a 529 plan.
A conversation I overheard bringsup a discussion about dealing with children who are bad withmoney,especially when it affects your estate plan. I thendiscuss leaving money in a living trust and naming atrustee. A Bloomberg article about American’s choosingto study abroad leads me to explain how 529 plans can be usedoutside of the US. Why you should take a trial run at retirement. Irespond to Dan’s question about where to keep safe money andprovide an interesting alternative to an FDIC. Bad rules of thumbfor retirement planning.
Don'tforget about our upcoming seminar at Four Points by SheratonSan Jose Airport on May 19th where Rob Black and I will explainhowto build a retirement portfolio that lasts. Registration isonly $5 so click HERE to sign up!
Email your money question to firstname.lastname@example.org,or callthe show at 1-800-516-1220 from2:00-3:00p.m.(PDT)
Call 1-888-762-2423 for Wealth Management and Financial Planningservices or visit www.NewFocusFinancial.com.