Proactive tax planning: In this episode, Dave and Heather discuss the importance of proactive tax planning, especially for business owners and retirees. They emphasize the need for understanding tax withholding, navigating life changes, and avoiding penalties. The conversation also covers strategies for high-income earners and the significance of working with a CPA to optimize tax situations. The hosts share personal anecdotes and professional insights, making the topic relatable and informative for listeners.

What are the hot topics in finance today? From the controversy surrounding Wells Fargo's handling of fraud cases to the Treasury's shift away from paper checks, they cover the hot topics that impact your financial planning. Discover why property and casualty insurance rates are soaring and how the economy and stock market are not as linked as you might think. Tune in for insights, stories, and practical advice to navigate today's financial landscape.

Crypto and private equity: in this episode, we delve into the evolving landscape of 401k plans, focusing on the integration of cryptocurrencies and private equity.

Discover the challenges investors face, from regulatory hurdles to liquidity concerns, and explore the opportunities these assets present for diversification and potential growth.

Join us as we navigate the complexities and uncover strategies to optimize your retirement portfolio.

Hosts Dave Grant and Heather Townsend discuss the importance of hiring a financial advisor and the criteria to consider.

Not everyone needs a financial advisor so it's important to understand when it's necessary. They discuss the value of fee-only, fiduciary, and CFP-certified advisors. They offer real-life examples of when to seek financial advice. The role of financial advisors in enhancing portfolio returns. The importance of transparency and accountability in client-advisor relationships.

Personal Insights: Heather shares her passion for cars and how financial planning feels like a sport to her.

Send your questions to hello@playbookotw.com

#FinancialAdvice #RetirementPlanning #WealthManagement

Heather Townsend and Retirement Matters discuss various retirement plans available for business owners, including Solo 401k, SEP IRA, and defined benefit plans. They explore the advantages and disadvantages of each plan, emphasizing the importance of understanding tax implications and the role of financial advisors. The conversation also highlights real-life applications and personal experiences with retirement planning, aiming to provide listeners with practical insights and strategies for effective financial planning.

In this episode of "Playbook of the Wealthy," hosts Heather Townsend and Dave Grant dive into the intricacies of managing your 401k when leaving a job or retiring.

They explore the options available, including rolling over to an IRA, the rule of 55, and the potential pitfalls of tax withholdings.

With personal anecdotes and expert insights, Heather and Dave provide a comprehensive guide to making informed decisions about your retirement savings.

Tune in to learn how to navigate these financial waters and ensure a smooth transition into retirement.

Discover how placing investments in the right accounts can lead to significant tax savings and better returns. From understanding the nuances of IRAs and Roth IRAs to exploring the benefits of municipal bonds, this episode is packed with insights to help you optimize your investment strategy. Whether you're a seasoned investor or just starting, tune in to learn how strategic asset location can enhance your financial future.

The Conversation You Didn’t Know You Needed-

Some of the most valuable conversations start with a simple question. This week, we’re taking yours and exploring the ideas, strategies, and perspectives that matter most right now.