The FI Show
The FI Show
Oct 21, 2020
Healthcare 2020 Roundup | Listener Q&A and Personal Experience
31 min

Today’s episode features your two podcast hosts, Justin & Cody.

The cover guest questions on topics like medical bill negotiations, pricing, plan types, coverage when traveling, and more.

They also let listeners in on exactly how they get their coverage now, and for Justin, how he plans to manage this once he no longer has that W-2 job.

This topic is crucial for everyone listening so don’t miss this one.

Links From the Episode

Join the Community

We’d love to hear your comments and questions about this week’s episode. Here are some of the best ways to stay in touch and get involved in The FI Show community!

  1. Grab our FREE Budget Planner
  2. Join our Facebook Group
  3. Leave us a voicemail
  4. Send an email to contact [at] TheFIshow [dot] com

If you like what you hear, please subscribe and leave a rating/review!

>> You can do that by clicking here <<

Learn More About Your Hosts

Fly to FI (Cody’s Blog)

Saving-Sherpa (Justin’s blog)

Money! with Stacy Johnson
Money! with Stacy Johnson
MoneyTalksNews.com
How to Get Thousands More in Social Security
For more than half of Americans, Social Security will be providing more than half of their retirement income. Since Social Security is a government program available to virtually all Americans, you'd think there would be no secrets to "game" the system: no tips or tricks that could result in bigger monthly checks. But there are things you can do to squeeze more out of the Social Security program, especially if you have a spouse who's also eligible. Claiming at the right time, for example, can lead to thousands more in monthly payments over your lifetime. In this week's "Money" podcast ( https://www.moneytalksnews.com/podcasts/ ) , we're going to explore techniques to maximize your Social Security. We're also going to talk about whether our younger listeners should expect to receive the benefits when their time arrives. As usual, I share the broadcast booth with longtime financial journalist and fellow podcaster Miranda Marquit ( https://www.moneytalksnews.com/author/mirandamarquit/ ). Joining us this week is Jeff Miller, a former professor of economics at Gallaudet University, and founder of Social Security Choices ( https://www.moneytalksnews.com/solutions/social-security/ ) , a company providing personalized reports to help consumers decide when to claim Social Security in order to maximize lifetime income. Links: * 13 Ways to Get More Social Security ( https://www.moneytalksnews.com/13-ways-to-get-more-social-security/ ) * A Simple Way to Maximize Your Social Security ( https://www.moneytalksnews.com/solutions/social-security/ ) * 5 Simple Steps to an Awesome Retirement ( https://www.moneytalksnews.com/5-simple-steps-to-an-awesome-retirement/ ) * The Only Retirement Guide You'll Ever Need ( https://www.moneytalksnews.com/courses/the-only-retirement-guide-youll-ever-need/ ) Hosts: * MoneyTalksNews ( https://www.moneytalksnews.com/ ) * MirandaMarquit.com ( https://mirandamarquit.com/ ) Ask us a question ( https://www.moneytalksnews.com/contact/ ) Hey Money! listeners if you have a question, topic or life lesson you want to share with everyone, leave us a voice message by calling 1-833-669-8557 then press 0 to leave a message. We'd love to hear from you. Support this podcast at — https://redcircle.com/money/donations Advertising Inquiries: https://redcircle.com/brands
38 min
Be Wealthy & Smart
Be Wealthy & Smart
Linda P. Jones
Credit Cards Capitalize on Crypto Payments
Learn why crypto is going mainstream with credit cards, stock indices, and securities regulators. Are you investing well for financial freedom...or not? As we live our lives, we have seen enormous money be made in real estate, technology stocks, etc. and have seen wild swings in markets before. They can feel scary at the time, but in hindsight are often tremendous opportunities for future financial success. If you only knew where to invest for the long-term, what a difference it would make, because the difference between investing $100k and earning 2% or 10% on your money over 30 years, is the difference between it growing to $181,136 or $1,744,940, an increase of over $1.5 million dollars. Your compounding rate, and how well you invest, matters! INTERESTED IN THE BE WEALTHY & SMART VIP EXPERIENCE? -Asset allocation model with ticker symbols and % to invest -Monthly investing webinars with Linda -Private Facebook group with daily insights -Weekly stock market commentary email -Lifetime access -US and foreign investors, no minimum $ amount required Extending the Black Friday week offer, enjoy a 50% savings on the VIP Experience. More information is here or have a complimentary consultation with Linda to answer your questions. For an appointment to talk, click here: https://2909395.survey.fm/application-for-vip-experience PLEASE REVIEW THE SHOW ON ITUNES If you enjoyed this episode, please subscribe and leave a review. I love hearing from you! I so appreciate it! SUBSCRIBE TO BE WEALTHY & SMART Click Here to Subscribe Via iTunes Click Here to Subscribe Via Stitcher on an Android Device Click Here to Subscribe Via RSS Feed WEALTH HEIRESS TV Please subscribe to Wealth Heiress TV YouTube channel (it’s not just for women, it’s for men too!), here. PLEASE LEAVE A BOOK REVIEW Leave a book review on Amazon here. Get my book, “You’re Already a Wealth Heiress, Now Think and Act Like One: 6 Practical Steps to Make It a Reality Now!” Men love it too! After all, you are Wealth Heirs. :) Available for purchase on Amazon. International buyers (if you live outside of the US) get my book here. WANT MORE FROM LINDA? Check out her programs. Join her on Instagram. WEALTH LIBRARY OF PODCASTS Listen to the full wealth library of podcasts from the beginning. Use the search bar in the upper right corner of the page to search topics. TODAY'S SPONSOR I want to take a few seconds to tell you about how I “read” more books and stay ahead of the curve. It’s by not reading books, but instead listening to them – like you are right now! With Audible, there are over 150,000 titles to choose from for your iPhone, Android, Kindle or mp3 player and…your first audiobook is FREE! I suggest you get the audio book of Think and Grow Rich, or you can check out my website Resources page where I list all of my favorite financial books and you see exactly what books I have read and recommend you read. Then get started with Audible by visiting https://lindapjones.com/FreeBook and order your first audio book free! Get Think and Grow Rich or another book from my recommend list, and be sure to get started checking off the books you want to read with your free book from Audible! Be Wealthy & Smart,™ is a personal finance show with self-made millionaire Linda P. Jones, America’s Wealth Mentor.™ Learn simple steps that make a big difference to your financial freedom. (Some links are affiliate links. There is no additional cost to you.)
21 min
The Power Of Zero Show
The Power Of Zero Show
David McKnight
My Thoughts on the Securing a Strong Retirement Act of 2020
The Securing a Strong Retirement Act is a bipartisan bill currently working its way through the house and has major implications for everyone in the country. We are finally getting some relief from RMD’s. With life expectancy increasing they are looking at pushing out Required Minimum Distributions until the age of 75. This primarily benefits people of substantial means since the average person with money in their retirement accounts are withdrawing it above and beyond the minimum and well before age 75. Another interesting provision has to do with student loan debt. The new bill stipulates that people putting money towards paying down their student debt could have an equal amount of money put into their 401(k). It also says that if you have balances in your 401(k) or IRA you would be completely exempted from taking a Required Minimum Distribution. Seniors will also be able to count certain donations towards their RMD. Under the current law, there is a catch-up provision on the books. They are proposing that if you’re over the age of 60 you will be able to catch up even more. If you believe tax rates are going to be dramatically higher in the future than they are today this is an opportunity to put additional funds into a Roth IRA. There are massive expansions of the buckets into which we can contribute after-tax dollars and allow them to grow tax-free. The average person changes industries seven times over the course of their lifetime and another provision would help people get reconnected with 401(k) accounts that were forgotten or left behind. The biggest takeaway from this new bill is that you will be able to make more contributions to Roth 401(k)s and Roth IRA’s. The goal is not to get a deduction at historically low taxes, we want to pay the taxes at historically low levels so that when taxes are dramatically higher down the road we can take that money out tax-free. If you’re just out of college, this bill will be an opportunity for you to get a jump start on your retirement savings while you’re paying down your student loan debt at the same time.
11 min
More episodes
Search
Clear search
Close search
Google apps
Main menu