Candy Corn and the 401(k)
Joe Yocavitch from JML Financial Group with new host, Kevin McAlpin, discuss various aspects of financial planning, particularly focusing on retirement strategies such as Roth IRAs and 401ks and how it relates to Halloween and candy corn. The discussion also touches on personal anecdotes, community…
Best Of: The Reality of Taxes in Retirement
In this episode, Joe Yocavitch and his son Michael Yocavitch discuss the common myths about retired life and the reality of taxes in retirement. They highlight the misconception that taxes will be lower in retirement and explain how the current economic situation and federal debt make it unlikely. …
Best Of: Make Some Plays with Your Financial Planner
Joe Yocavitch and Jerry Payne discuss the WNBA rookie Caitlin Clark and her skills as a playmaker. They also talk about the role of a financial advisor in assisting clients with building a comfortable retirement. The conversation then shifts to the national debt and its impact on long-term investme…
Mastering the Gameplan for Your Financial Future
Joe and Michael Yocavitch discuss the intersection of football and financial strategies, emphasizing the importance of understanding the game of finance as one would understand the game of football. They explore how the evolution of the game parallels changes in financial planning, particularly reg…
From Pensions to 401(k)s: A Retirement Revolution
In this episode of 'The Heart of Your Money', Joe Yocavitch discusses the challenges retirees face, particularly the need to return to work due to insufficient retirement savings. He highlights the shift from traditional pensions to 401(k) plans, which often do not provide guaranteed income. Joe em…
The Importance of Wealth Location
In this conversation, Joe discusses the importance of early financial planning and reviews for the end of the year. He emphasizes the benefits of planning early, such as reducing stress and taking advantage of tax and social security strategies. Joe also shares a personal anecdote about his parents…
Managing Your 401k in Retirement
Joe Yocavitch discusses retirement planning and the options for managing a 401k. He explains the pros and cons of leaving the money in a former employer's plan versus rolling it over into an IRA. Joe also highlights the importance of considering taxes in retirement planning, especially with the pot…
Best Of: Managing the Tax Burden of Required Minimum Distributions
In this podcast episode, Joe Yocavitch discusses the importance of tax planning and income planning for retirement. He highlights the impact of required minimum distributions (RMDs) on tax brackets and suggests starting the process of Roth conversions to mitigate the tax burden. Joe also emphasizes…
Make Some Plays with Your Financial Planner
Joe Yocavitch and Jerry Payne discuss the WNBA rookie Caitlin Clark and her skills as a playmaker. They also talk about the role of a financial advisor in assisting clients with building a comfortable retirement. The conversation then shifts to the national debt and its impact on long-term investme…
The Reality of Taxes in Retirement
In this episode, Joe Yocavitch and his son Michael Yocavitch discuss the common myths about retired life and the reality of taxes in retirement. They highlight the misconception that taxes will be lower in retirement and explain how the current economic situation and federal debt make it unlikely. …