In this episode, Chad and Rob discuss the current economic landscape, focusing on inflation, taxes, and retirement planning. They analyze the recent inflation report and its implications for families and retirees, emphasizing the rising costs of essentials like food and gasoline. The conversation shifts to the political climate, particularly the recent debate, where both candidates are criticized for their lack of fiscal responsibility and tendency to increase government spending. Chad highlights the importance of utilizing Roth IRAs and Roth 401(k)s as strategic tools for tax-free growth, especially in light of anticipated tax increases in the future. They also explore the concept of the mega Roth 401(k) and the potential for after-tax contributions, providing listeners with actionable insights on how to effectively manage their retirement savings amidst a challenging economic environment. 

Tune in now to learn more!

Timestamps:

[00:01:38] Wealth Preservation and Retirement.

[00:05:34] Fiscal responsibility in politics.

[00:10:08] Fertility rate and financial pressures.

[00:11:25] Health insurance rate increases.

[00:15:01] Roth versus traditional 401k.

[00:19:32] Retirement planning and taxation.

[00:24:34] Mega Roth 401k option.

[00:26:27] Dividends and passive income.

[00:31:05] Roth IRA strategies for retirement.

[00:33:36] Roth IRA conversion strategies.

Email your money question to chad@chadburton.com

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.ChadBurton.com

In this episode, Chad and Rob discuss the current economic landscape, focusing on inflation, taxes, and retirement planning. They analyze the recent inflation report and its implications for families and retirees, emphasizing the rising costs of essentials like food and gasoline. The conversation shifts to the political climate, particularly the recent debate, where both candidates are criticized for their lack of fiscal responsibility and tendency to increase government spending. Chad highlights the importance of utilizing Roth IRAs and Roth 401(k)s as strategic tools for tax-free growth, especially in light of anticipated tax increases in the future. They also explore the concept of the mega Roth 401(k) and the potential for after-tax contributions, providing listeners with actionable insights on how to effectively manage their retirement savings amidst a challenging economic environment.  Tune in now to learn more! Timestamps: [00:01:38] Wealth Preservation and Retirement. [00:05:34] Fiscal responsibility in politics. [00:10:08] Fertility rate and financial pressures. [00:11:25] Health insurance rate increases. [00:15:01] Roth versus traditional 401k. [00:19:32] Retirement planning and taxation. [00:24:34] Mega Roth 401k option. [00:26:27] Dividends and passive income. [00:31:05] Roth IRA strategies for retirement. [00:33:36] Roth IRA conversion strategies. Email your money question to <a href="mailto:chad@chadburton.com" target="_blank" rel="noopener">chad@chadburton.com</a> Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit <a href="https://www.chadburton.com/">www.ChadBurton.com</a>

Certified Financial Planner, Chad Burton discusses important financial planning and wealth management issues. If you want to learn how to plan for retirement and do a better job managing your investment portfolio... this is the show for you.

New Focus on Wealth with Chad Burton

Filtering through the “noise” on Wall Street and pointing out the current market issues and news stories that truly affect your path to retirement. Sponsored by EP Wealth Advisors.

Filtering through the “noise” on Wall Street and pointing out the current market issues and news stories that truly affect your path to retirement. Sponsored by EP Wealth Advisors.

New Focus on Wealth

In this episode, Chad and Rob discuss the current economic landscape, focusing on inflation, taxes, and retirement planning. They analyze the recent inflation report and its implications for families and retirees, emphasizing the rising costs of...

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