God bless you, James for making a difference in the world by continually making videos to educate those are nearing to retirement especially me that I can’t afford to hire a CFP like you. I I will definitely share your podcast and RU-vid videos to the City of Jacksonville employees portal. Thank you!!!!
James, I'm glad to see you're doing another live show, and hopefully you make this a regular part of your repertoire if you're able. I always enjoy Rob Berger's live shows, and I'm hopeful yours will continue as well. One thing you may consider as time allows is putting into the description a short direct link to each individual question so the viewer (someone who might not be able to join live) is able to skip forward to the particular questions of interest, vs. having to manually skip forward trying to find where the next question starts. This is helpful when some questions interest me, whereas others don't. I can just skip around directly (based on the helpful links in the description) to listen to only the questions that interest me. Check out Rob Berger's live videos on RU-vid as a great example. James, I think VERY highly of you and your podcast and have directed many of my colleagues and coworkers to it. Keep up the great work!
Casey, thank you for your feedback and we'll continue to do these on a consistent basis moving forward. That's a great idea so that it's easy to follow for those who can't make it to the live event. I've checked out Rob Berger and he certainly is a great example. We'll look to utilize chapters so that people can listen to what's most relevant to them. Thank you for sharing the podcast with your colleagues and coworkers to it!
Hi James, For someone who is 55 yo and already has 1mil + in traditional 403b and in the 34% tax bracket now. Is also anticipated to be in the 24% tax bracket when retired. Assuming minimal changes to the tax bracket in the next 5 years, would you recommend traditional 403b or Roth 403b?
I met with a "financial advisor who is pushing an index universal life insurance. What is your opinion on that? They say "don't follow the herd", that the rich are using this vehicle and that you should too, that you won't lose money in a down market, and that it should pay for itself after some time. It all sounds very convincing but I've learned that it seems too good to be true, it probably is. Doing some research online, the only people who are for it are people who are selling it because I'm sure they get a large commission.
Hi. I am hoping to move to Florida towards the end of next year. No state income tax. But the stock market is down. Should I start Roth conversions and pay the New York State income taxes. I am assuming the market will go up so I will earn tax free income. Like most people, I lost a significant amount of money this past year.
Hi Kate, You did not mention how much you are going to Roth convert. However, if you are over 59 1/2 , New York State exempts the first $20,000 from state tax. Hope that helps a little.
I want to build my wealth so I can leave money to my grandchildren so they can contribute to people who love Earth and can keep the human race going and the environment safe , supporting those who will promote clean energy. I love this planet and look forward to instilling this love in my descendants.
