“By age 35” is an internet meme where millennials post funny or sarcastic goals in response to a MarketWatch article suggesting you should have saved twice your salary by age 35. Are these money milestones an unachievable goal or are millennials simply not willing to sacrifice and plan enough to meet these goals? Other topics include:

• 6 misunderstood IRA rules
• Quality of life and medicare talks in retirement
• Divorce issues
• Gifting to a dying relative to save on taxes

Email your money question to chad@newfocusfinancial.com , or call the show at 1-800-516-1220 on Tuesday's and Wednesday's from 6:00-7:00 a.m. (PDT)

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.NewFocusFinancial.com.

Do we have a truce on the Chinese trade war? It could be true. China is set to cut the import duty on US cars to 15% furthering opening up the world’s second largest economy. Meanwhile Trump has retreated from imposing tariffs on billions of dollars worth of Chinese goods. Today I take a look at the future of Chinese-American trade. Other topics include:

• Buying vs. leasing a car
• Getting a good rate on a lease
• The issues with 401ks and bond funds
• Age-based savings benchmarks

Email your money question to chad@newfocusfinancial.com , or call the show at 1-800-516-1220 on Tuesday's and Wednesday's from 6:00-7:00 a.m. (PDT)

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.NewFocusFinancial.com.