Today is part two on the things financial advisors wish investors knew. These are the things that can set you up for success in retirement but most people don’t have a great grasp on.

Here’s some of what we discuss in this episode:

0:00 – Intro

2:10 – Financial decisions are emotional

6:03 – The true significance of diversification

9:17 – Having an advisor is for everyone

13:48 – The importance of updates and reviews

16:53 – Work with the right person for the right time

For more, visit us online: http://philstaxhacks.com

Watch the video podcast on YouTube: Phil's Tax Hacks and Other Retirement Facts

This week, Phil and Marc dive into the potential financial impacts of tariffs, tax cuts, and immigration policies following the 2024 election. While early speculation should be taken with caution, they’ll discuss what could be in store for 2025. With changes in policy possibly affecting everything from taxes to housing, the duo breaks down what these shifts could mean for your financial future.

Throughout this conversation, Phil stresses the importance of sticking to your financial plan until the dust settles. As we move forward, it’s crucial to stay focused, maintain your long-term strategy, and be patient as we navigate this evolving landscape.

Here’s some of what we discuss in this episode:

0:00 – Intro

2:00 – A Tax Cuts and Jobs Act extension?

5:51 – Corporate tax rate and Social Security tax proposals

8:12 – Tariffs and their economic impact

13:33 – Immigration and it’s economic implications

17:17 – Having a long-term vision

Helpful resources for this conversation:

https://time.com/7095898/donald-trump-economy-plan-2024/

https://www.npr.org/2024/11/06/nx-s1-5181327/trump-election-economy-tariffs-deportations

https://wellsfargo.bluematrix.com/links2/html/5fd93977-359f-4bff-8db1-42935f3e8f45

Get our Tax-Smart Retiree book: https://www.thetaxsmartretireebook.com/welcome

For more, visit us online: http://philstaxhacks.com

Watch the video podcast on YouTube: Phil's Tax Hacks and Other Retirement Facts

Imagine you could read your financial advisor’s mind before you even walked through the door for the first time. What would they want you to know? This week, we kick off a three-part series on the things we wish people knew about investing and planning.

Here’s some of what we discuss in this episode:

0:00 – Intro

1:48 – Setting realistic financial goals

6:37 – Long-term vs short-term planning

8:26 – One-size-fits-all approach

10:55 – More than investing

Get our Tax-Smart Retiree book: https://www.thetaxsmartretireebook.com/welcome

For more, visit us online: http://philstaxhacks.com

Watch the video podcast on YouTube: Phil's Tax Hacks and Other Retirement Facts