5 Key Attributes That Make Millionaires Successful - Your Money, Your Wealth® podcast #205

This week on Your Money, Your Wealth podcast episode #205: Chris Hogan (national best-selling author, host of the Chris Hogan Show from Ramsey Solutions) talks about his brand new book, Everyday Millionaires: How Ordinary People Built Extraordinary Wealth – and How You Can Too. Joe and Big Al answer your money questions: do the stretch IRA rules apply to 401(k)s? Do you need to get an annual property appraisal if you own real estate in a self-directed IRA? And what is the best strategy for saving into retirement accounts and making Roth IRA conversions? Plus, a tribute to Jack Bogle of Vanguard, and a look at states’ efforts to develop financially literate high school students. Listen to the podcast, read the transcript and visit the show notes: :50 - Chris Hogan, Everyday Millionaires 13:56 - Do Stretch IRA Rules Apply to 401(k)s Too? 21:02 - Do You Need to Get an Annual Property Appraisal if You Own Real Estate in a Self-Directed IRA? 22:10 - Retirement Savings and Roth IRA Conversion Strategy 30:01 - Jack Bogle Tribute and the History of Index Funds 33:14 - Teaching Financial Literacy to High School Students If you would like to schedule a free assessment with one of our CFP® professionals, click here: Make sure to subscribe to our channel for more helpful tips and stay tuned for the next episode of “Your Money, Your Wealth.” Channels & show times: IMPORTANT DISCLOSURES: • Investment Advisory and Financial Planning Services are offered through Pure Financial Advisors, Inc. A Registered Investment Advisor. • Pure Financial Advisors Inc. does not offer tax or legal advice. Consult with a tax advisor or attorney regarding specific situations. • Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance. • Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. • All information is believed to be from reliable sources; however, we make no representation as to its completeness or accuracy. • Intended for educational purposes only and are not intended as individualized advice or a guarantee that you will achieve a desired result. Before implementing any strategies discussed you should consult your tax and financial advisors. #YourMoneyYourWealth #YMYW #YourMoneyYourWealthPodcast...(read more)

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