Final Episode - How To Stay In Touch With Us!

Final Episode - How To Stay In Touch With Us!

Scott and James thank all of the fans for years of support for listening to the podcast and review where you can find them if you're looking for customized advice when it comes to maximizing your finances. 

LET'S CONNECT!

James

YouTube | Website | Podcast

Scott

Facebook | Twitter | Website

Final Episode - How To Stay In Touch With Us!

Scott and James thank all of the fans for years of support for listening to the podcast and review where you can find them if you're looking for customized advice when it comes to maximizing your finances. 

LET'S CONNECT!

James

YouTube | Website | Podcast

Scott

Facebook | Twitter | Website

How to Balance a Home Purchase with Saving for Retirement?

Scott and James discuss how to balance a home purchase with saving for retirement.

Listener Question:

We want to stay in manhattan and want to be home owners but can’t make the math work. Our current rental 2 bed 2 bath just went up to $4400/mo. A comparable condo would sell around $1.3-$1.5m. That would put the mortgage at around $7,000 with another $2,000-$3,000 in maintainable and taxes a month. Rent does keep increasing and I don’t want to keep getting squeezed but does buying in Manhattan just not make sense? 

Planning Points Discussed

• Utilizing Time Efficiently
• Capital Appreciation
• Purchasing Power
• Other issues (IRAs, Inflation, Financial Goals, etc.)

Timestamps:

2:30 - Priorities

5:25 - Various Goals 

8:12 - Life & Math Don't Always Match

11:15 - Investment Concerns

12:30 - How Much Home Can You Afford?

16:05 - Aligning Your Financial Goals

LET'S CONNECT!

James

YouTube LinkedIn Website

Scott

Facebook Twitter Website

How to Balance a Home Purchase with Saving for Retirement?

Scott and James discuss how to balance a home purchase with saving for retirement.

Listener Question:

We want to stay in manhattan and want to be home owners but can’t make the math work. Our current rental 2 bed 2 bath just went up to $4400/mo. A comparable condo would sell around $1.3-$1.5m. That would put the mortgage at around $7,000 with another $2,000-$3,000 in maintainable and taxes a month. Rent does keep increasing and I don’t want to keep getting squeezed but does buying in Manhattan just not make sense? 

Planning Points Discussed

• Utilizing Time Efficiently
• Capital Appreciation
• Purchasing Power
• Other issues (IRAs, Inflation, Financial Goals, etc.)

Timestamps:

2:30 - Priorities

5:25 - Various Goals 

8:12 - Life & Math Don't Always Match

11:15 - Investment Concerns

12:30 - How Much Home Can You Afford?

16:05 - Aligning Your Financial Goals

LET'S CONNECT!

James

YouTube LinkedIn Website

Scott

Facebook Twitter Website

What Should You Do If You Make Too Much To Contribute To a Roth IRA?

Scott and James discuss what to do if you make too much to contribute to a Roth IRA.

Listener Question:

I am currently 33 years old, single, and am nearing a $129,000 annual salary. I have been investing in a Roth IRA and realize the phaseout limits for single taxpayers are from $129k - $144k. My question is, how do I lower my income, besides contributing to my traditional 401k, so I can keep contributing the max $6000/year into my Roth IRA as my income rises over the years?

Planning Points Discussed:

• Utilizing Time Efficiently
• Capital Appreciation
• Purchasing Power
• Other issues (IRAs, Inflation, Financial Goals, etc.)

Timestamps:

2:30 - Introduction

6:17 - Phaseouts

8:13 - Roth IRAs

11:05 - Aligning Your Financial Goals

LET'S CONNECT!

James

YouTube LinkedIn Website

Scott

Facebook Twitter Website