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Retire With Integrity Podcast with Brian Bowen
Markets and Investing
Brian discusses various topics regarding retirement including income, taxes and wealth preservation. This podcast is for anyone who wants to be prepared when they are ready to retire.
Location:
United States
Description:
Brian discusses various topics regarding retirement including income, taxes and wealth preservation. This podcast is for anyone who wants to be prepared when they are ready to retire.
Language:
English
Contact:
9193781410
Website:
https://financialplanningva.com/
Episodes
HELOC's, Seller Financing and Taxes
8/23/2024
This week Brian discusses the pros and cons of using HELOCs, emphasizing the importance of using the funds wisely and considering the potential risks. He also explains the benefits of seller financing in real estate transactions and highlights the tax advantages it offers. Additionally, Brian discusses the impact of interest rates on different types of investments and provides insights into making sound financial decisions.
00:00 Introduction
00:49 Discussion on Home Equity Lines of Credit (HELOCs)
02:10 Exploring the Benefits of Seller Financing in Real Estate
06:13 Impact of Interest Rates on Investments
09:03 Considering Tax Implications in Financial Strategies
Duration:00:19:24
Interest Rates, Inflation & Your Retirement
8/8/2024
Brian and Brett are back and in this episode they discuss the anticipation and anxiety surrounding a potential interest rate cut by the Federal Reserve in September. Thery explore the impact of interest rate cuts on the economy, investors, and savers. The conversation also touches on topics such as mortgage rates, inflation, and the future of Social Security. Additionally, the hosts discuss the importance of financial education and mindset in achieving financial goals.
00:00 The Anticipation and Anxiety of an Interest Rate Cut
01:57 Buying Opportunities in a Market Downturn
03:23 The Impact of Lower Interest Rates on Borrowers and Savers
04:23 The Current State of Mortgage Rates
09:34 Inflation and its Effect on Middle-Class Americans
15:18 The Importance of Financial Education and Mindset
Duration:00:18:13
Retirement - Are You Confident About Yours?
6/20/2024
In this episode of the Retire with Integrity podcast, Brian Bowen and Brett Sharp discuss the role of finance in retirement confidence. They share a story about a prospective client who was confident in his investment portfolio but had not considered tax planning or other strategies. They emphasize the importance of financial planning beyond just investing, including tax planning, estate planning, and building wealth through various avenues. They also discuss the difference between investing and saving, and the need for super savers to be more open to taking risks. The episode concludes with a discussion on different investment scenarios based on the timeline of needing the money.
01:28 The Core of Financial Planning
05:18 Investing vs. Saving
10:01 The Impact of Competition in Finance
14:10 Taking Risks as a Super Saver
Duration:00:21:23
Financial Role Models, Estate Planning & Rainy Day Funds
5/30/2024
In this episode, Brian Bowen and Brett Sharp discuss the importance of being a good financial role model for children, the challenges of retirement planning for business owners, and strategies for protecting and growing business assets. They also cover the topic of emergency savings, the role of Social Security in retirement planning, and the concept of single premium immediate annuities (SPIA) for retirement income.
00:00 The Importance of Being a Financial Role Model for Children
03:15 Challenges of Retirement Planning for Business Owners
06:34 Strategies for Protecting and Growing Business Assets
11:18 Understanding Emergency Savings and Financial Preparedness
13:46 The Role of Social Security in Retirement Planning
Duration:00:20:07
The Fed, Social Security and You
5/9/2024
In this episode, Brian Bowen and Brett Sharp discuss the possibility of interest rate hikes by the Federal Reserve and the impact on the economy. They emphasize the importance of individuals taking control of their own financial lives and increasing their financial IQ. They also discuss the significance of understanding clients' fears, conflicts, and dying wishes when working as a financial advisor. Additionally, they touch on the topic of Social Security benefits for married couples and the potential tax benefits of not being married.
00:00 Introduction and Speculation on Interest Rate Hikes
03:13 Taking Control of Your Financial Life
06:06 Understanding Clients' Fears and Conflicts
09:28 Social Security Benefits for Married Couples
Duration:00:21:44
Scavenger Hunt For Inheritance, Costco Gold and French Fries...Oh My
4/18/2024
In this episode, Brian and Brett discuss various topics including an unusual way to dole out a man's inhertiance...with a posthumous scavenger hunt! The guys also discuss gift taxes, the importance of comprehensive financial planning, the rise in gold sales, and the need for a retirement plan. They emphasize the importance of collaborating with different advisors and taking the time to plan for retirement. And also discuss french fries being considered a "luxury".
0:00: French fries are a luxury?
4:03: Understanding Gift Taxes and Their Implications
8:49: The Importance of Comprehensive Financial Planning
13:09: The Need for a Retirement Plan: Even if Early Retirement Isn't the Goal
Duration:00:20:58
Interest Rates, Healthcare and Crying Spas In New York City
4/11/2024
In this new episdoe Brian and Brett talk about various topics including the Federal Reserve's interest rate cuts, commercial real estate loans, selling rental properties, and long-term healthcare insurance. The hosts discuss the potential impact of interest rate cuts on the real estate market and the challenges faced by commercial real estate investors with balloon payments. They also provide insights on selling rental properties and the tax implications involved. Additionally, they debate the need for long-term healthcare insurance and the importance of analyzing the costs and benefits.
Duration:00:24:42
Creative Tax Strategies & The Importance Of An Exit Plan
4/4/2024
Brian and Brett talk about creative ways to reduce tax burdens, such as giving property deeds to farmhands or getting married on paper. Brian also talks about and helps you to understand more aabout opportunity zones and 1031 exchanges. He also emphasizes the importance of knowing the tax rules and planning for the five D's: death, disability, divorce, disagreement, and distress. The guys also discuss advice for business owners and real estate investors on how to minimize taxes, pass on wealth to the next generation, and create exit plans
00:00 Creative Ways to Reduce Taxes
02:47 Exploring Tax Strategies
05:44 The Limits of Tax Planning
13:02 Planning for the Five D's
21:30 Creating Exit Plans
23:13 Seeking Advice and Considering Estate Planning
Duration:00:24:17
What It Takes to Own Several Business
3/15/2024
In this episode, Brian Bowen interviews Damon Gatier, a successful real estate agent and business owner. Damon shares his journey from various occupations to finally pursuing his dream of becoming a real estate agent. He emphasizes the importance of coaching and mentoring in his success and highlights the value of continuous learning and personal growth. Damon also discusses his strategy of diversifying his business ventures and acquiring other businesses. He shares insights into the challenges and rewards of transitioning businesses and the importance of having a clear vision and desire for success.
02:49 How Damon got to into Real Estate
06:05 The Importance of Coaching and Mentoring
09:04 Diversifying Business Ventures
10:54 Acquiring and Transitioning Businesses
14:13 Family and Future Succession
15:48 Owning Multiple Businesses
21:08 Closing Remarks
Duration:00:21:50
QCD's, Interest Rates & Baby Boomers
2/29/2024
In this episode, Brian Bowen and Brett Sharp discuss Qualified Charitable Distributions (QCDs) and their benefits for individuals over retirement age. The guys also explore the impact of mortgage interest rates on real estate and the considerations for downsizing or relocating. They highlight the retirement crisis faced by late Baby Boomers and the importance of thorough financial planning. Overall, the episode emphasizes the need for proactive tax planning and comprehensive financial strategies.
06:03 The Importance of Tax Planning
08:23 Benefits of Charitable Gift Annuities
10:10 Setting Up Nonprofits and Charitable Trusts
12:32 Considerations for Downsizing or Relocating
16:22 Retirement Crisis for Late Baby Boomers
18:13 Impact of the Great Recession
20:07 The Importance of Financial Planning
21:33S tock Market Performance in Election Years
23:46 Importance of Estate Planning and Power of Attorney
Duration:00:27:12
What's Your Financial IQ?
2/22/2024
In this episode, Brian Bowen and Brett Sharp talki about Jeff Bezos' tax savings after moving to Miami. They then discuss the tax benefits of moving to Florida and other states with no income tax. The conversation shifts to the recent market drop and indicators of a possible recession. They also emphasize the importance of knowing one's retirement savings and share a story about the challenges of managing finances after a spouse's death. There's much more so please listen to har what else the guys are talking about.nt.
01:50 Tax Benefits of Moving to Florida
02:44 Market Drop and Recession Indicators
05:03 Importance of Knowing Retirement Savings
06:23 Challenges of Managing Finances After Spouse's Death
13:13 Increasing Financial IQ for Retirement
19:43 Building a Comprehensive Retirement Blueprint
20:10 Finding Purpose and Activities in Retirement
Duration:00:27:15
Timing The Market, Inflation And The Importance Of Exit Planning
2/8/2024
In this episode, Brian Bowen and Brett Sharp discuss the futility of trying to time the market and the importance of investing in a recession-resistant portfolio. They highlight the concept of the all-weather portfolio, which aims to provide steady returns with lower risk. The conversation then shifts to the Federal Reserve's role in evaluating inflation and the potential for rate cuts. Brian emphasizes the need for individuals to take control of their financial future and not rely solely on market timing. Also, if you're a business owner don't miss Brian's take on the importance of exit planning.
00:30 Is it Possible to Time the Market?
03:24 Investing in a Recession-Resistant Portfolio
06:12 The All-Weather Portfolio
09:35 The Ineffectiveness of Timing the Market
10:30 The Federal Reserve and Inflation
13:41 Taking Control of Your Financial Future
15:38 Understanding Personal and Enterprise Goodwill
19:47 The Importance of Enterprise Goodwill
23:31 Building and Growing Your Business
24:46 Preparing for an Exit
Duration:00:27:15
Top 10 Tax Tips For 2024
1/26/2024
In this episode, Brian Bowen and Brett Sharp discuss the top 10 tax strategies that all wealthy people must know. They cover a range of topics including cost segregation, captive insurance, defined benefit plans, tax loss harvesting, 1031 exchanges, opportunity zones, estate taxes, 706 portability, intermediate installment sales, and qualified small business stock. These strategies can help individuals and business owners reduce their tax liabilities and maximize their wealth. As we heaed into tax season these are things you need to know.
00:55Tax Tip #1: Cost Segregation
03:01Tax Tip #2: Captive Insurance
05:46Tax Tip #3: Defined Benefit Plan
06:44Tax Tip #4: Tax Loss Harvesting
08:04Tax Tip #5: 1031 Exchange
10:28Tax Tip #6: Opportunity Zones
15:08Tax Tip #7: Estate Taxes
19:49Tax Tip #8: 706 Portability
22:08Tax Tip #9: Intermediate Installment Sale
24:30Tax Tip #10: Qualified Small Business Stock
Duration:00:27:15
Are Small Hotels & Storage Units A Good Investment?
1/18/2024
In today's episode, Bian Bowen gives Brett Sharpe a lesson in investing in real estate, specifically turning an old hotel into an apartment building and selling self storage units. They cover topics such as financing options, starting small in real estate, finding deals, asset protection and estate planning. As well as the value of consulting and education, and tax implications when selling self storage units. The conversation emphasizes the importance of financial coaching and seeking professional advice when making significant financial decisions.
Duration:00:23:42
Creative Tax Strategies & The Importance Of Planning Your Exit From Business
1/11/2024
Brian Bowen discusses various tax reduction strategies and planning techniques. He explores creative ways individuals have tried to reduce their tax burden, such as unconventional marriages and moving to different states. Brian emphasizes the need for comprehensive exit planning and the consideration of the five Ds (death, disability, divorce, disagreement, and distress) when creating an exit strategy. He also highlight the significance of involving trusted advisors in the planning process.
00:29 Creative Tax Reduction Strategies
05:17 Legal and Ethical Tax Reduction
10:32 The Importance of Planning for the Five Ds
13:09 Depreciation Recapture and Selling a Business
21:36 Exit Planning for Real Estate Owners
Duration:00:24:23
Estate Planning Without Kids, Commercial Real Estate & Tax Strategies
1/4/2024
In this episode, Brian Bowen discusses the impact of interest rates on the real estate market, the potential changes in home values, the government deficit, and political corruption. They also delve into estate planning and tax strategies, as well as retirement planning for individuals without children.
Interest Rates and Real Estate (00:29)
Home Values and Market Changes (02:22)
Estate Planning and Tax Strategies (09:16)
Retirement Planning without Children (11:06)
Duration:00:22:28
1031 Exchanges & The Government Gives Tax Tips?
12/14/2023
In this episode, Brian Bowen and Brett Sharp discuss the 1031 exchange and its benefits for real estate investors. They explain the process of a 1031 exchange and the importance of finding a qualified intermediary. Additionally, they explore various tax strategies for selling a business, suggested by the governemnt! That's kinda crazy, right? Some tips like negotiating the sale of a sole proprietorship and selling a partnership interest. They highlight the advantages of opportunity zones and the benefits of employee stock ownership plans (ESOP) for business owners and employees.
(:29)(3:23)(7:46)(12:23)(16:26)
Duration:00:23:55
Year End Tax Strategies & Tips
12/7/2023
In this episode Brian dives into the things you should be considering at this time of year when it comes to taxes. Whether you're a business owner or an individual, check out what Brian has to say about dealing with taxes and your retirement money. He talks about folks he has helped and ways that you can pay what you have to but hopefully nothing more.
(1:03)(3:46)(10:10)(18:45)
Duration:00:23:21
NFL Money Advice, Year End Tax Tips & The Rule of 72
11/20/2023
In this episode, brian runs down a whole bunch of things including an NFL player who put his paycheck online and offered financial advice to go with it. Also, Brian & Brett talk about the Rule of 72 and how hat works as well as year end tax tips we can all learn something from. Plus, the importance of an HSA and how that could work in your favor for retirement.
Duration:00:21:55
The Answer To Your Social Security Question,
11/6/2023
In this episode Brian reacts to the news of a possible upcoming recession as well as chagnes to your Required Monthly Distribution. Also, are interest rates affecting treasury bonds and how does Brian really feel about the high rates of today. Plus a lot more talk of the things that affect your retiremnt money.
Here are the topics Brian talks about on today’s show:
· Recession news (0:24)
· Treasury Bonds & interst rates (04:55)
· Social Security age question (07:02 )
· RMD requirements changing (10:05 )
· "Death Tax" talk (15:54 )
Duration:00:20:54