Season: Season 9

Season 9
What To Know Before Retiring Abroad

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Retiring abroad can be appealing, with lower costs and great weather. But here are some things you also need to consider before making a move.

Season 9
How You Can Financially Set Up Your Grandchildren For Success

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In this episode, the Friends Talk Money team discusses how you can help set up your grandchildren for financial success beyond the traditional 529 college saving plans. Tune in as Pam, Richard and Terry share helpful tips and savvy money strategies that they’ve learned from their own personal experiences.

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Season 9
What to Know About Required Minimum Distributions From Retirement Plans

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The rules for RMDs have changed and you will want to know how much you must take out of your retirement plans and when. We explain it all on this episode of Friends Talk Money, including year-end advice.

Required Minimum Distributions: 

  • Age 73: Must Take RMD before year-end from all plans except Roth
  • Pay Ordinary Income Taxes (consider withholding)
  • Based on Balance in All Accounts Year-end Previous Year
  • Calculate online at IRA custodian
  • Input age and last year-end account value, spouse age
  • Withdraw from one or several accounts
  • 40l(k) accounts require separate RMD
Season 9
We're Doing Inheritances All Wrong

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The Friends Talk Money podcasts talk about why many of us aren't bestowing inheritances to heirs the right way and not helping our parents make inheritances properly. We also talk about how financial advisers could be more helpful to families so they handle inheritances wisely.

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Season 9
Social Security Horror Stories!

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Social Security is clawing back $21 billion in mistaken overpayments — impacting retirees and the disabled. Terry Savage and Larry Kotlikoff have written a new book — Social Security Horror Stories — revealing the shocking abuse. Last weekend they were featured on CBS - Sixty Minutes speaking with Anderson Cooper about this issue. In this episode, Larry joins Terry, Pam and Richard to take a deeper dive into problem and what you should do to ensure you get what’s rightfully yours.

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Season 9
Open Enrollment for Medicare is Here! We have some advice and some warnings.

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What to know about Medicare Open Enrollment for 2024. What’s new and how to shop wisely for coverage.

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Season 9
Advice for glass half empty investors

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Not everyone looks at their personal financial future through rose colored glasses. In fact a recent Gallup poll shows Americans not yet retired are more worried than anytime in the past ten years. Discouraged savers who see the glass-half-empty may actually need different financial strategies just based on their outlook. We give you solid financial planning tips that can make your outlook.

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Season 9
Help with Student Loan Repayments

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Learn how to lower your repayments and cut years off your loan payments w attorney and expert Rae Kaplan.

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