Mon, 29 September 2014
What should you do with your 401k or 403b when you leave your job? This is a question that confronts more and more people. According to the Department of Labor young Baby Boomers held on average 11.3 jobs from age 18 to 46. So it was no surprise when I received the following email from […]
The post DR 111: What Should You Do With Your 401k When You Leave Your Job appeared first on The Dough Roller.
Direct download: DR_111-What_should_you_do_with_a_401k_when_you_leave_a_job.mp3
Category: -- posted at: 12:08pm EDT
Thu, 25 September 2014
Recently two readers emailed me about cash back credit cards. Their questions prompted me to put this guide together to help readers better understand, compare, and choose a cash rewards credit card. First let’s look at the emails. From a reader named Pop: You have a great post on a strategy to use cash back […]
The post DR 110: The Complete Guide to Cash Back Credit Cards appeared first on The Dough Roller.
Direct download: DR_110-Cash_Back_Credit_Cards.mp3
Category: -- posted at: 8:00pm EDT
Wed, 24 September 2014
The 5-year rule on Roth IRA distributions comes in two flavors. The first applies to earnings from Roth IRA contributions. We covered the rule in Podcast 105. The second aspect of the rule applies to distributions of Roth IRA conversions. That’s what we’ll look at today. Listen to this Article 1. The Two 5-Year Rules […]
Direct download: DR_109-5_Year_Rule_on_Roth_IRA_Conversions.mp3
Category: -- posted at: 8:52pm EDT
Tue, 23 September 2014
Imagine you’ve just inherited some money. The amount just happens to match the outstanding balance on your mortgage. Now you have a decision. Do you pay off the mortgage or invest the money for retirement. That’s the question facing a podcast listener named Shelly. Here is her email to me: Great job on your podcasts. […]
The post DR 108: Should You Pay Off Your Mortgage or Invest for Retirement? appeared first on The Dough Roller.
Direct download: DR_108-Pay_Off_Mortgage_or_Invest_for_Retirement.mp3
Category: -- posted at: 12:49am EDT
Sat, 20 September 2014
It’s time for our monthly investment portfolio update. In each update I run through the tools I use and the results of my investments. I show you the good and the bad. We’ll even cover some mistakes I’ve made and what I’ve learned from those mistakes. Let’s start with the tools and a high level […]
Direct download: DR_107-Monthly_Investment_Update_September_2014.mp3
Category: -- posted at: 12:33pm EDT
Sat, 13 September 2014
It’s not an overstatement to say that budgeting is the foundation upon which all lasting wealth is built. That’s true whether you make $40,000 a year as a teacher or $40 million a year as an entertainer. If your cash flow is well managed, you can build wealth on any income. If it’s not well […]
Direct download: DR_106-8_Tips_for_Black_Belt_Budgeting.mp3
Category: -- posted at: 9:54am EDT
Tue, 9 September 2014
The Roth IRA was established by the Taxpayer Relief Act of 1997 and named after its chief legislative sponsor, Senator William Roth of Delaware. The Roth IRA enables individuals with earned income to contribute after-tax (nondeductible) money to the retirement account. If the rules are followed, the money grows tax free. Unlike a traditional IRA, […]
The post DR 105: The 5-Year Roth IRA Rule for Contributions (breaking the rule is costly) appeared first on The Dough Roller.
Direct download: DR_105-5-year_rule_roth_ira_contributions.mp3
Category: -- posted at: 10:30am EDT
Sat, 6 September 2014
Is it possible to build $1 million in net worth in 10 years starting from scratch? In today’s interview with Alan Corey, author of A Million Bucks By 30, we’ll learn exactly how one man did it. I learned about Alan and his book from a listener named Natalie, who I had the pleasure of interviewing […]
The post DR 104: Rags to Riches and Back Again–Interview with Million Bucks by 30 Author Alan Corey appeared first on The Dough Roller.
Direct download: DR_104-Million_Bucks_by_30_with_Alan_Corey.mp3
Category: -- posted at: 11:19am EDT
Fri, 5 September 2014
If you’re a small business owner – whether you have employees or not – the thought of setting up a retirement plan can be overwhelming. 401ks and even SEP-IRAs are swimming in rules and regulations. What business owner really has enough hours in the day to deal with it? For that reason, I asked Chad […]
The post DR 103: The Small Business 401k–Interview with CEO Chad Parks of The Online 401(k) appeared first on The Dough Roller.
Direct download: DR_103-The_Online_401k_with_Chad_Parks.mp3
Category: -- posted at: 9:03am EDT
Wed, 3 September 2014
One of the best retirement savings tools is often overlooked. The tool can save you thousands of dollars in taxes and sleepless nights if you made a mistake with your IRA. And yet according to a 2010 study by Fidelity less than one-third of investors are aware of this tool. I’m referring to what’s called […]
The post DR 102: 4 Times Recharacterizing an IRA Conversion or Contribution Can Save Your Bacon (Literally) appeared first on The Dough Roller.
Direct download: DR_102-IRA_Recharacterization_1.mp3
Category: -- posted at: 8:24am EDT