If you listen to the news, you’ve probably heard some investment and financial planning industry folks make some wild predictions, and often those predictions don’t come true.
In this week’s episode, Devin and John invited some friends to help them investigate some recent predictions and how they actually turned out. David Waldrop is a financial advisor with Bridgeview Capital Advisors and Andrew Comstock is a Chartered Financial Analyst with Castlebar Asset Management.
For more, visit http://bigpictureretirement.net/052
Recorded live at FinCon from a 1974 Volkswagon Superbeetle, Devin and John are joined with Roger Whitney, the Retirement Answer Man, and Elle Martinez of CoupleMoney.com.
The main topic?
Divorce is the biggest threat to anyone’s financial stability. How do you work together with your spouse? Elle says, don’t start talking about money - talk about goals.
For more information, go to the show notes at http://www.bigpictureretirement.net/051
Stacey’s financial advisor recommended 3-6 months of living expenses be in cash. She asks us how much she really needs.
Ron from Portland wants to know what to do with his personal trust now that the beneficiaries are responsible adults. Does he still need this estate planning tool, or can he just have the trust terminate at his death?
For more, go to http://www.bigpictureretirement.net/050
People who are millionaires have respect for a dollar, and they cut expenses that don’t add value to their lives.
Joe Saul-Sehy was a financial planner for 16 years, and he has observed some interesting things about how millionaires handled their money. He says it’s not discipline, it’s about seeing something good that happens, then making it automatic.
For more details, go to the show notes at http://www.bigpictureretirement.net/049