Category Archives: Money

Top 10 Questions You Should Be Asking Your Advisor Right Now, Part 2 (Ep. 24)



Inflation is affecting almost everything in our lives, especially for those retiring soon.

For those facing retirement, inflation can cause a huge impact on your retirement savings with every percentage increase. In this episode, John Mints continues his discussion on the top 10 questions you should ask your advisor. Bringing these questions to your advisor’s attention can hopefully find alternative strategies to help save more during this recession.

John discusses:

  • An update on the current markets
  • The dramatic effect inflation can have on the potential erosion of your retirement
  • Strategies to help you win even when the markets are down or sideways
  • Is inflation finally slowing down?
  • And more!

Resources

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Top 10 Questions You Should Be Asking Your Advisor Right Now, Part One (Ep. 23)



During times of a market downturn, people tend to reach out to financial advisors more often because of the added financial stress from the economy. 

In this episode, John Mints answers questions that you may have right now.

John discusses:

  • The definition of a fiduciary
  • Using the stress test to prepare yourself for anything that could happen
  • Is your retirement income protected?
  • Reducing retirement taxes efficiently
  • And more!

Resources

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Confidence and Protection Versus Market Chaos (Ep. 22)



When markets are uneasy and the world seems more chaotic as days go by, you want to make sure you are secure in your portfolio and have confidence that you know how to manage your finances in a volatile market.

In this episode, John Mints discusses the projection of the economy due to the current state of the world, and how to prepare for that possibility with confidence, so that you and your family are protected in the upcoming years. 

John discusses:

  • The domino effect of wholesale inflation
  • How to approach your financial advisors when concerns arise
  • How to prepare for a recession
  • The power of asking questions and conversing with professionals
  • And more!

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A Roth on Steroids, Part Two (Ep. 21)



Investing in a Roth is a great way to save on taxes, but it often comes with a number of handcuffs that limit the amount you can contribute.

But what if there was a way to invest that would give you most of the benefits of a Roth without the limitations?

In this episode, John Mints continues his discussion about a “Roth on Steroids”. He shares the key points that you should know before getting started to ensure it works for you and your specific situation. 

John discusses:

  • How long it typically takes for this structure to become efficient
  • Who are the best candidates for this type of tax-free structure
  • The difference between a Roth and a Roth on Steroids
  • How to start creating your own capital source
  • And more!

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A Roth on Steroids, Part One (Ep. 20)



There is an age-old secret that professionals such as doctors, dentists, chiropractors, and many others are surprised to learn about, especially those in a higher tax bracket.

In this episode, John Mints talks about one of his favorite topics: tax-free savings and accumulation. Learn about his secret to tax-free gains that he calls a “Roth on Steroids.” With a potential increase in inflation and interest rates, there is no better time than now to start accumulating your wealth tax-free.

John discusses:

  • His age-old tax saving secret
  • How to start your Roth on steroids
  • What the rise of interest rates will do to your investments
  • Why you may not want to put all your eggs in one basket in terms of savings vehicles
  • And more!

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The Impact of Rising Interest Rates (Ep. 19)



Whether you’re looking to obtain a mortgage on a home or looking to finance a vehicle, the rumored rise in interest rates could cause you to think long and hard before making such a commitment with your money.

In this episode, John Mints discusses the challenges that people from all walks of life could face with rising interest rates, and discusses ways people can be proactive in protecting themselves from the impact of a potential interest rate increase.

John discusses:

  • The comparison between today and the 1980s
  • What the housing market could look like in the near future
  • How people who are at or near retirement are affected the most by interest rate increases
  • The difficulties in borrowing money from the bank
  • And more!

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Is a Market Collapse Imminent? (Ep. 18)



One Secret of the Wealthy is that they do not make major decisions based on emotion. 

With the current market conditions, emotions are running high. How can you be sure you are using logic and not emotions to make investment decisions? 

In this episode, John Mints uses logic, numbers, and facts to explain why the stock market may soon take a turn for the worse. John provides a logical argument that can help you critically analyze whether you should consider making a move, or riding it out. 

John discusses:

  • Several key warning signs that have historically pre-dated market crashes
  • What the future of inflation could look like
  • How the 200-day moving  average of an index can help predict a market downturn
  • Whether it’s time to take your profits out of the market
  • And more!

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The Secrets About Taxes with Evan Nielsen (Ep. 17)



Many CPAs look to the past when trying to reduce taxes. Tax attorney, Evan Nielsen, takes a different approach. 

By using a macro approach to tax planning, Evan helps his clients look into the future to help them save taxes not only in the short-term, but also throughout their entire lifetime.

There are many tax rules only known by the wealthy and in this episode, John Mints welcomes Evan to uncover that life-changing knowledge for you. 

Evan discusses:

  • Our $30 trillion national debt and the negative impact it will have on future taxes 
  • The truth behind tax loopholes
  • Unique ways to increase your tax savings
  • Challenges for small business owners in the future
  • And more!

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About our guest:

Evan A. Nielsen has a diverse background in law and business, allowing him to take a holistic approach to protect and improve his client’s interests and advocate on their behalf. His emphasis in tax matters, IRS issue resolution and Tax planning strategies is enhanced by his business understanding and grasp of the issues facing individuals and small businesses. He understands the issues and challenges facing entrepreneurs in this challenging economic climate, having founded, owned, acquired, or operated businesses in a wide range of industries himself prior to entering the legal profession full time.


Saving Your Retirement Funds (Ep. 16)



Congress is currently debating a $1.5 trillion spending bill. This new bill has a number of different tax provisions pertinent to those with IRAs, 401(k)s, Roth accounts and other retirement accounts.

In this episode, John Mints explains the details of this new bill that is being discussed in Congress. John explains the potential ramifications these changes could have on you.

John discusses:

  • How to potentially protect your retirement funds from being heavily taxed
  • An in depth analysis on the proposed tax bill 
  • The potential future of the Roth IRA
  • And more!

Resources

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401(k) vs Roth IRA (Ep. 15)



What is a Roth IRA, and why may it be the best option for you? When it comes to saving for your future, and with the current state of taxes, it’s important to look for solutions that could be the right fit for you.

In this episode, John Mints fills you in on some myths about 401(k)s and warns not to get trapped into paying unexpected taxes. He explains the importance of understanding which account is right for you and describes Roth IRAs. 

John discusses:

  • The best place to put your money given the current tax situation
  • Potential penalties when incorrectly withdrawing funds from your Roth IRA
  • The truth about 401(k)s 
  • And more!

Resources

  1. What Secrets? Part One
  2. What Secrets? Part Two
  3. Your Inheritance May Be In Danger

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