For the next 19 years more than 10,000 people will reach the age of 65 and by 2050 the US will be home to 65.8 million retirees between the ages of 62-84; a whopping 113% increase! While we do not face the demographics issues similar to those of Japan, anyone currently under the age of 55 should be prepared to retire without Social Security. How do we fix the system before it fails? Other topics include:

• Managing taxes on investments –Which funds are tax inefficient?
• The power of dividends

Join Rob Black and I for our Retirement Income and Tax Planning Seminar at the Toll House Hotel in Los Gatos on Thursday, May 16th. Click HERE to sign up!

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.

Opportunity Zone investing may be an option for anyone with low basis stock to sell, defer capital gains tax and diversify into real estate. It may sound fantastic, but investors are wondering what will happen in 2026 when the tax code reverts? Other topics include:

• Correcting last weeks segment on inherited stocks
• What to think about as the S&P closes in on its September high
• Is elder abuse much worse than reported?
• What to do if you suspect someone is a victim of elder financial or physical abuse
• Passive retirement income opportunities & how to reduce taxable retirement income

Join Rob Black and I for our Retirement Income and Tax Planning Seminar at the Toll House Hotel in Los Gatos on Thursday, May 16th. Click HERE to sign up!

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.

I hope you didn’t panic out and sell during last year’s holiday correction.  The first quarter of 2019 was the best start for a 60/40 balanced portfolio since 1991.  The last 6 months should be enough to teach you not to try and time the market or invest emotionally. Instead, simply rebalance your portfolio when things feel a bit toppy and buy when the fear is high. Other topics include:

• Looking for signs of inflation
• How to tackle debt
• When is it a bad idea to rollover your old 401k to an IRA?
• Pet trusts and digital assets in estate planning
• What more can you do with your savings?
• Hiring a third party fiduciary as an executor or trustee
• Net Unrealized Appreciation and 401k rollovers

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.

There’s nothing I love more than getting email questions from listeners. Not only does it provide great content for the show, but it helps me focus in on what you want to learn about. Today I answer questions you have sent me. Topics include:

• How executors, trustees and beneficiaries should handle inherited stock portfolios
• Using a reverse mortgage for a Plan B retirement situation
• Reasons to review your tax return after tax time if you are still saving for retirement
• Reasons to review your tax return after tax time if you are in retirement

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.

Whether you’re on your own or supporting a family, it’s a good idea to have at least 6 months of emergency reserves around. For people who change jobs frequently I would recommend you increase this amount to a year’s worth of income. So how do you know how much safe money you really need and how does this amount change as you approach retirement? Other topics include:

• How incorporating saves on FICA taxes, but limits your ability to save for retirement
• Are Roth IRA’s useful if you’re over the 15% tax bracket?
• Self directed 401k vs. SEP IRA –which is a better way to defer 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.

If you’re self-employed you know that tax time can be an extremely daunting time. It can also be a bit of a surprise due to the way self-employment taxes work. Today’s podcast is for every self-employed individual who is feeling overwhelmed and completely lost as tax day approaches. Specific topics include:

• Benefits of self-employment
• What you need to consider before going self-employed
• Entity options: Sole proprietor, LLC, or S-Corp
• How does an S-Corp save taxes?
• Retirement pitfalls of an S-Corp
• When to use Roth IRA's and individual 401k's
• SEP IRA's are rarely the best option

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.