Mr. Money Talks

Mr. Money Talks: Navigating Financial Challenges and Opportunities (12/07/24)

In this episode of the Mr. Money podcast, host Mark Rothstein delves into a wide range of financial topics, from the latest stock market trends and the impact of the Trump presidency to year-end tax planning strategies and protecting your bank accounts from fraud. Listeners will gain valuable insights and actionable advice to help them make informed financial decisions.

Mr. Money Talks: Overcoming the Retirement Savings Gap for Women (11/30/24 Recorded 11/02/24)

In this episode, financial expert Mark Rothstein, known as "Mr. Money," delves into the unique challenges women face in saving for retirement. He discusses the gender disparities in retirement savings, the impact of caregiving responsibilities, and practical strategies women can employ to build a secure financial future. Rothstein offers insights on maximizing retirement contributions, leveraging annuities, and managing mortgage debt to ensure a comfortable retirement.

Mr. Money Talks: Navigating the Holiday Season with Financial Savvy (11/23/24)

In this episode, financial expert Mark Rothstein, also known as "Mr. Money," provides valuable insights and practical tips to help listeners manage their finances during the holiday season. From budgeting for holiday expenses to taking advantage of tax credits and savings opportunities, this episode offers a comprehensive guide to ensuring financial well-being amidst the joyous but often costly festivities.

Mr. Money Talks: Preparing for Retirement - Key Conversations to Have Before You Leave the Workforce (11/16/24)

In this episode, financial expert Mark Rothstein, aka "Mr. Money," provides invaluable insights on the crucial steps to take before retiring. He emphasizes the importance of consulting with your spouse, adult children, doctor, HR department, siblings, and financial advisor to ensure a smooth and financially secure transition into retirement. Listeners will learn about the key questions to ask each of these crucial contacts, as well as strategies for maximizing your retirement benefits and minimizing tax liabilities.

Mr. Money Talks: Navigating the Financial Landscape After the Election (11/09/24)

In this episode, financial expert Mark Rothstein, also known as "Mr. Money," delves into the impact of the recent election on the stock market, the Federal Reserve's interest rate decisions, and the tax deductibility of various medical expenses. He also explores the myths surrounding Social Security and provides tips for having open and healthy conversations about money with family, friends, and partners.

Mr. Money Talks: Navigating IRA Rollovers and Maximizing Savings (11/02/24)

In this episode, Mr. Money (Mark Rothstein) delves into the common mistakes people make when rolling over their retirement accounts, costing them billions in lost growth. He also shares valuable tips on how to find the best high-yield savings accounts and optimize your savings strategies. Tune in to learn how to avoid costly errors and take control of your financial future.

Navigating the Divide Between Voter Preferences and Economic Realities

In this episode, Mr. Money delves into the fascinating disconnect between what voters want and what economic experts recommend when it comes to economic policies. Explore the stark contrasts between the public's desires and the experts' assessments, and discover how this divide impacts crucial issues like taxes, trade, and retirement planning. Gain insights into the importance of balancing political aspirations with sound economic principles.

10/19/2024 - Navigating the Changing Real Estate and Retirement Landscape

Recorded on 10-19-2024
 
Mark Rothstein, known as Mr. Money, discussed various financial topics on his radio show. He highlighted a survey by Allianz Life showing 63% of Americans worry more about running out of money than death, up from 57% last year. Rothstein explained the new rules for real estate commissions, where buyers now negotiate their agent's fee, affecting the traditional 5-6% seller's fee. He also covered changes in retirement planning due to the Secure Act 2.0, including the elimination of RMDs for Roth 401(k)s and new rules for catch-up contributions. Additionally, he emphasized the importance of planning for healthcare costs in retirement, estimating $165,000 for a single 65-year-old, and the need for legal documents like medical power of attorney, especially for Alzheimer's planning.
 
Sources:
Powell Says ‘Time Has Come’ for Fed to Cut Interest Rates (yahoo.com)
U.S. Hiring Slowdown Hits Stocks, Fuels Bets on Bigger Rate Cut - WSJ
Jobs report revision: US added 818,000 fewer jobs than believed (msn.com)
IRS reminder for schoolteachers: Up to $300 in classroom expenses deductible for 2024 | Internal Revenue Service
Child and Dependent Care tax credit can help offset summer day camp expenses | Internal Revenue Service (irs.gov)
905dcf96-70c4-45f8-8b00-911cac693605 (pimco.com)
A big Social Security shake-up is coming in 2025. Are you prepared? (usatoday.com)
Social Security COLA 2025 Estimate Drops to 2.6% | ThinkAdvisor
Most Americans Now Fear Poverty in Retirement More Than Death | ThinkAdvisor
Cutting Fees. Going It Alone. New Rules Are Changing How We Buy and Sell Homes. - WSJ
The New Etiquette of Negotiating With Your Real-Estate Agent - WSJ
PressReader.com - Digital Newspaper & Magazine Subscriptions
Changes in Retirement Savings Rules Before Year’s End: What To Know - WSJ
Here's How Much Retiring Clients Can Expect to Pay for Health Care: Fidelity | ThinkAdvisor
Understanding Medical Power of Attorney: Key Steps to Protect Your Health Decisions - Retirement Daily on TheStreet: Finance and Retirement Advice, Analysis, and More
 

Mr. Money Talks: Navigating Taxes and Fees to Maximize Your Retirement 10/12/2024

Live show 10/12/2024
 
In this episode, financial expert Mark Rothstein, known as "Mr. Money," delves into strategies to avoid higher taxes after the loss of a spouse and how to minimize the impact of fees in 401(k) and 403(b) plans. He also provides guidance on choosing the right financial advisor to ensure your best interests are prioritized.
 
Sources:
Messing Up the Closest Thing to a Sure Thing in the Stock Market - WSJ
Americans' top 5 financial regrets of 2023 | Financial Planning (financial-planning.com)
ERISA, the law creating modern 401(k) plans, was enacted 50 years ago (usatoday.com)
Tax Strategies for Surviving Spouses: How to Avoid Paying Higher Taxes - WSJ

"The Power of Financial Patterns and Predictability" (10/05/24)

Live Broadcast 10/05/24
In this episode, financial expert Mark Rothstein, known as "Mr. Money," shares invaluable insights into the patterns and predictability of the financial markets. He dispels common misconceptions, empowering listeners with the knowledge and confidence to navigate the stock market and achieve financial freedom.
 
Sources:
Messing Up the Closest Thing to a Sure Thing in the Stock Market - WSJ
Americans' top 5 financial regrets of 2023 | Financial Planning (financial-planning.com)
ERISA, the law creating modern 401(k) plans, was enacted 50 years ago (usatoday.com)
Tax Strategies for Surviving Spouses: How to Avoid Paying Higher Taxes - WSJ