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Meet with Scottsdale Financial Planner Steve Jurich - (480) 902-3333 Schedule Online
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Retirement Radio

masteringmoney

 

Learn How To Retire And STAY Retired:  Listen to MASTERING MONEY with Scottsdale Financial Planner Steve Jurich, AIF® on Money Radio am 1510 , monday thru friday from 8am to 9am, with a daily update at 4:30pm. Podcasts 24/7 on the Mastering Money APP (Apple & Android). Or, visit RetirementRadioUSA.com

 

  • Mastering Money 1/28/20
    by Steve Jurich on January 28, 2020 at 5:02 pm

    If you set aside twenty thousand dollars a year for thirty years in a tax deferred  account you will have six hundred thousand dollars of principal if you earn zero percent.  But if you average six percent, you will have over a million dollars in twenty four years. Do most investors average six percent over time? In depth studies of 401k plans show that most investors average far less than over twenty or thirty years. It all depends on whether you are at the beginning of your career or near the end. Near the end, NOT LOSING is more important than the rate you make.   For younger workers,  put your head down, go to work,  keep getting paid, keep trying to save, and keep  stuffing your  401k plan every single year. Today we'll review the rate of return and WHERE to invest  to build and protect a million dollars.  A fact filled show you don't want to miss  MASTERING MONEY IS ON THE AIR!!

  • Mastering Money 1/27/20
    by Steve Jurich on January 27, 2020 at 4:16 pm

    Today on Mastering Money...It’s a MOTLEY FOOL MONDAY!! The Motley Fool Money Show is one of the most popular stock market talk shows in America, featuring top market experts and heard by millions of listeners coast to coast—including Saturdays right here on Money Radio! After an update of the markets and today's breaking financial news stories, we'll take you to an exclusive broadcast of the Motley Fool Money Show--plus money-making and money-SAVING ideas from Steve you won't want to miss! -- MASTERING MONEY IS ON THE AIR

  • Mastering Money 1/24/20
    by Steve Jurich on January 24, 2020 at 4:31 pm

    If you’re smart, tax planning is a year-round activity.  And, if you are even smarter, you will pay attention not only to the  ALLOCATION strategy for your investments, but also your LOCATION strategy. Knowing WHERE to locate your various investments inside OR outside of IRAs and Roths is something that is easily done with a little planning upfront. For example, many investors will pay taxes on mutual funds this year even though they never took out a penny from their account. They--and maybe you--will get charged for capital gains that occurred in the fund during the year even though you didn't cash in. Today, we'll point out to avoid unnecessary taxes with your investments and then get some planning insights from CPA Nick Stefaniak. An important show you don't want to miss  MASTERING MONEY is on the air!!

  • Mastering Money 1/23/20
    by Steve Jurich on January 23, 2020 at 5:11 pm

    Target-date funds — actively managed funds with a pre-determined asset allocation that automatically shifts as an investor ages — are an easy option for the hands-off investor, and their popularity increases every year, according to a new report. But while they have many attractive features, experts advise investors to consider all of their options before committing all their capital. And currently, the risks for a person contemplating or in retirement have never been higher for Target Date Funds. We'll examine the reasons why that statement is true on today's show, with irrefutable logic and simple math. If you want to learn what risks you may be taking that you shouldn't be right now, don't miss today's show....MASTERING MONEY is on the air!!

  • Mastering Money 1/22/20
    by Steve Jurich on January 22, 2020 at 4:35 pm

    Most investors, especially in or nearing retirement, seek to reduce risk while growing capital prudently in the stock market. Gains are nice, but large drawdowns are sickening, especially in retirement when you don't have an income stream from a full-time job and time is no longer on your side.     When time IS on your side, and because most bear markets tend to last only six months to two years at the most, you are able to rebuild the value of your account simply by staying put on not rushing for the exit. The only people who lost in 2008 and 2009 were those who sold at the bottom. The market has some room to run according to experts, but we all want to keep a good share of money OUT of harm's way. But are bonds the answer for the safe money side of your plan? Today, we'll examine why Warren Buffett says that bonds are a terrible investment. Then health insurance and Medicare Specialist Shelley Grandidge joins us.  You don't want to miss today's show...MASTERING MONEY  is on the air!!

  • Mastering Money 1/21/20
    by Steve Jurich on January 21, 2020 at 4:33 pm

    With the New Secure Act in place, and the Trump Tax brackets at risk of being blown up when he leaves office one day, many retirement-minded people who can do the math are converting at least some of their IRA money to Roth IRAs, or to cash value life insurance, which when properly structured, may provide tax free retirement income, long term care benefits, and a legacy for heirs all in one asset. But you truly do need to work with an ethical agent to get the right policy, and to get that policy set up right!  So, is life insurance a good investment? Well, actually life insurance is not an investment at all, even though it is sometimes sold that way. Today on Mastering Money, Steve and I will break down whole life insurance and index universal life to the basics, making it easy to understand. Then estate planning attorney Libby Banks joins us.  A great show you don't want to miss...MASTERING MONEY is on the air!  

  • Mastering Money 1/20/20
    by Steve Jurich on January 20, 2020 at 4:00 pm

    Today on Mastering Money...It’s a MOTLEY FOOL MONDAY!! The Motley Fool Money Show is one of the most popular stock market talk shows in America, featuring top market experts and heard by millions of listeners coast to coast—including Saturdays right here on Money Radio! After an update of the markets and today's breaking financial news stories, we'll take you to an exclusive broadcast of the Motley Fool Money Show--plus money-making and money-SAVING ideas from Steve you won't want to miss! -- MASTERING MONEY IS ON THE AIR!

  • Mastering Money 1/17/20
    by Steve Jurich on January 17, 2020 at 4:26 pm

    Eighty percent of men die MARRIED. Eighty percent of WOMEN... die SINGLE. And because many women are younger than their husbands, their period of time living alone can be five to fifteen years or longer.  Add to that... the reality that women are much more likely to become care-givers for a parent and potentially their husbands at some point. Consider this statistic:  In her 60s a woman’s estimated lifetime risk of developing breast cancer is one in eleven, but for women developing Alzheimers it is one in six. So not only might a woman live for a very long time in her elder years, her odds of doing it with dementia are also high.  Today we'll review how more and more retired couples are re-thinking and re-engineering their portfolios to plan for the woman of the house. Don't miss it.... MASTERING MONEY is on the air!

  • Mastering Money 1/16/20
    by Steve Jurich on January 16, 2020 at 4:37 pm

    Steve Jurich Wed, Jan 15, 11:24 PM (10 hours ago)         to KENNETH, Ken, me             The Secure Act passed by Congress and signed into law by President Trump in late 2019 will greatly affect some taxpayers and have zero net effect on others. For example,  if you have kids and grandkids you want to leave some money to...well...your IRA just became a big tax time bomb for your heirs!. That’s because the lifetime Stretch IRA has been eliminated beginning right now in 2020.  That said, all stretch IRAs initiated in 2019 and before are all grandfathered in, with no effect. But there are several other new details that you need to know including a shocker when it comes to Roth IRAs and Roth conversions! Today on Mastering Money Steve and I continue our deep dive into the Secure Act and our bench is DEEP!   Independent CPA Nick Stefaniak also joins us! Our goal is to make sure you know where you stand in 2020 and beyond...  You definitely don't want to miss today's show, MASTERING MONEY is on the air!!! 

  • Mastering Money 1/15/20
    by Steve Jurich on January 15, 2020 at 4:36 pm

    What if you had a magic calculator that could tell you just when to get into the market and when to get out? That would certainly be a popular gift item, but there's one problem. No such thing exists! That doesn't stop MILLIONS of people with money in the stock market from trying to TIME IT. JP Morgan's new retirement guide points out what many researchers have already discovered: if you are out of the market at the wrong times, you will destroy your overall returns. In fact, if you missed only the TEN best days of the market over the past ten YEARS, your return would have been cut in HALF. If you missed the twenty best days, your return would be negative!! Find out how to build a REAL strategy with your investments today in a fact filled Market Intel Segment. Then senior mortgage officer Mitch Boxberger joins us! Don't miss it, MASTERING MONEY is on the air!!

  • Mastering Money 1/14/20
    by Steve Jurich on January 14, 2020 at 4:47 pm

    The New Secure act passed by Congress and signed into law in December by President Trump has some good news and somebad news, depending on the size of your IRA accounts, and whether or not you want to leave money to heirs with a bit of tax savings. The Stretch IRA is gone, and some people can wait until age 72 to begin their RMDs, but others can't. We'll discuss that in the Market Intel segment followed by estate planning attorney Libby Banks who will explain why many trusts, perhaps yours, will need to be reworded to match the rules of the new legislation. You don't want to miss this fact filled show ...MASTERING MONEY IS ON THE AIR!!

  • Mastering Money 1/13/20
    by Steve Jurich on January 13, 2020 at 4:38 pm

    Today on Mastering Money...It’s a MOTLEY FOOL MONDAY!! The Motley Fool Money Show is one of the most popular stock market talk shows in America, featuring top market experts and heard by millions of listeners coast to coast—including Saturdays right here on Money Radio! After an update of the markets and today's breaking financial news stories, we'll take you to an exclusive broadcast of the Motley Fool Money Show--plus money-making and money-SAVING ideas from Steve you won't want to miss! -- MASTERING MONEY IS ON THE AIR!

  • Mastering Money 1/10/20
    by Steve Jurich on January 10, 2020 at 4:31 pm

    Nothing is a bargain in this world unless it serves a purpose and helps you achieve a goal.   Managing your own money to save a fee can work, but we all know the do-it-yourself approach seems to work BEST when markets are RISING! Rising markets tend to lift ALL boats.   As the saying goes, in a bull market, EVERYONE  is a genius!  But the real measure of how well your portfolio is being managed is not so much when markets are UP, but more when markets fall flat and then reverse. How do you KNOW if your money is in the right place? Well, lets put it this way. If you find yourself FEARING the next bear market rather than relishing the idea, your money is probably allocated poorly. Today, we'll review the FOUR KEY QUESTIONS you should be asking yourself right now, and how to arrive at clear answers!  MASTERING MONEY  is on the air!!!

  • Mastering Money 1/9/20
    by Steve Jurich on January 9, 2020 at 4:48 pm

    Most of us can agree on one main goal for 2020: make life simpler and easier.  Behavioral economists have proven that the best financial decisions are those that are pre-considered and then AUTOMATED. If your bills get deducted on auto-pay, you are never late with a bill. Your credit score goes up. You never pay late fees.   If your strong 401(k) contribution is automatically deducted from your paycheck for 30 years, you end up a millionaire at retirement. Today we'll outline how to get your money running like a well oiled machine--one where you get PAID to own your investments, and you prevent life surprises from turning into financial emergencies! You're going to love today's show MASTERING MONEY is on the air!!!

  • Mastering Money 1/8/20
    by Steve Jurich on January 8, 2020 at 5:05 pm

    Is it better to invest in Dividend Paying stocks or stocks that don’t pay a dividend? The answer is ….YES!..BOTH are good and diversification is a good thing!  Smart dividend investors are very picky about the stocks they select. They like getting paid to own their stocks, and they like owning companies that keep making profits and growing their sales year after year. Today we'll discuss how make sure your stocks meet written stipulations for dividend yield, dividend payout ratio, dividend growth rate, debt ratios, earnings growth, and credit ratings. You don't want to miss that! Then health insurance and medicare expert Shelley Grandidge joins us for the Q & A. Get ready, MASTERING MONEY is on the air!!!

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