Shows
It's Broadway BitchBRING IT ON! - with RYANN REDMONDHad the best time with this weeks guest Ryann Redmond! She has been in so many fun things including Bring It On, Margaritaville, Once Upon a One More Time, and was Olaf in Frozen. I mean, if that's not a party resume I don't know what is! She most recently was hanging in San Diego doing Regency Girls a show about a reproductive roadtrip that hopefully (fingers crossed) can be seen on Broadway soon. We dish about being a Georgia peach and moving to the Big Apple, getting plucked from a workshop to audition for Lin Manuel M...2025-07-0759 min
Peeling Back Money and Life78 - Life Review: Finding Purpose & Meaning in Retirement PlanningMany people enter retirement with a financial plan, but no clear life plan. A life review is a powerful way to reflect on the past, align with your values, and shape a meaningful future. In this episode, Casey and Mike explore:✔️ What a life review is and how it differs from traditional goal-setting.✔️ Why reflecting on your life’s journey can help you live with more purpose.✔️ How to conduct a meaningful life review, including prompts and strategies.✔️ When to engage in this process to get the most benefit.We'll incorporate...2025-06-1932 minPeeling Back Money and Life77 - In retirement, Now What?In this episode, we dive deep into the realities of life after retirement. We'll explore the emotional and practical aspects of transitioning from a structured work life to retirement, discussing strategies for maintaining purpose, creating new routines, and making the most of this exciting phase. Whether you're newly retired or planning ahead, you'll discover actionable tips for navigating common challenges and embracing the opportunities that retirement brings.ResourcesHow to Retire: A Practical Guide as You Count Down to Retirement by Christine Benz - A comprehensive guide to preparing for and transitioning into...2025-06-0519 minPeeling Back Money and Life76 - What to do When You Are One Year From RetirementIn this essential episode, we guide you through the critical steps to take when you're just one year away from retirement. We'll cover everything from finalizing your financial preparations to managing the emotional transition from work life to retirement.Key topics we'll discuss:How to lock down your retirement budget and income strategyEssential checklist items for your final working yearPractical steps for transitioning away from workplace benefitsStrategies for testing your retirement lifestyle before making the leapTips for managing the emotional aspects of this major life changeWhether you're planning your own retirement...2025-05-1520 minPeeling Back Money and Life75 - What To Do When You Are 5 Years From RetirementIn this episode, we dive deep into the critical steps you should take when you're about 5 years away from retirement. We'll explore comprehensive financial planning, investment strategies, and the often-overlooked emotional aspects of transitioning to retirement. From stress-testing your retirement plan to building adequate cash reserves, we cover essential strategies to help ensure a smooth transition into your retirement years.Whether you're approaching retirement or helping someone who is, this episode provides actionable steps to make the transition as smooth as possible. We'll also discuss recent research on retirement satisfaction and strategies to avoid common pitfalls that...2025-05-0834 minPeeling Back Money and Life74 - What to do when your 10 years from retirementIn this episode of Peeling Back Money and Life, we explore the critical steps you need to take when you're about a decade away from retirement. We dive deep into financial and non-financial topics. Whether you're concerned about if your on track to retire, protecting your assets, ensuring your legacy, or maintaining your quality of life, this episode provides actionable insights to help you prepare for a successful retirement journey.Resources Mentioned in This Episode:Books:"How to Retire: 20 lessons for a happy, successful, and wealthy retirement" by Christine Benz"Graduation!: Retirement can...2025-05-0142 minPeeling Back Money and Life73 - Saving for a Home? What to do and what not to do.In this episode, Casey and Mike discuss the journey of home ownership, emphasizing the importance of understanding the true costs associated with buying a home. They provide actionable tips for first-time buyers, including how to determine affordability, the steps to take when searching for a home, and the various loan options available. The conversation also highlights common mistakes to avoid during the home buying process, encouraging listeners to be patient and align their financial goals with their vision for home ownership.ResourcesWhat-Issues-Should-I-Consider-When-Buying-A-Home-2024.pdfSteps in Home Buying.pdf2025-04-2433 minPeeling Back Money and Life72 - Smart Retirement Downsizing: Making the Right Move at the Right TimeIn this episode of Peeling Back Money and Life, we dive deep into the critical decisions around downsizing in retirement. Whether you're approaching retirement or helping loved ones navigate this transition, we explore when to consider downsizing, how to evaluate your options, and practical steps to make the process smoother.Resources:Mark MillerIndependent Living Communities and hereMinimalism: A Documentary About the Important Things - A thought-provoking film about living with less2025-04-1722 minPeeling Back Money and Life71 - Should I Pay off Mortgage before Retirement from Investments or Cash FlowShould you pay off your mortgage before retirement? It's a common question that doesn't have a one-size-fits-all answer. In this episode, we break down the crucial factors to consider when deciding whether to use investments or cash flow to eliminate your mortgage debt before retiring.We'll walk you through a practical framework that includes: Analyzing your financial factors Understanding the emotional aspects Exploring strategiesWhether you have a low-rate mortgage from recent years or are wrestling with higher rates, this episode will help you make an informed decision that aligns with both your financial goals...2025-04-1019 minPeeling Back Money and Life70 - Strategies to Help You Pay for Big Expenses in RetirementPlanning for big ticket expenses in retirement requires careful consideration and strategic thinking. In this episode, we explore various approaches to funding major purchases without derailing your retirement plans. We'll discuss practical strategies to help you maintain financial stability while enjoying life's bigger purchases.Whether you're planning for travel, vehicle purchases, home renovations, or other significant expenses, this episode provides valuable insights to help you navigate these financial decisions in retirement.ResourcesThe Psychology of Money by Morgan Housel - Understanding the behavioral aspects of financial decisions2025-04-0327 minPeeling Back Money and Life69 - Should I switch contributing to pre-tax account and go all in on Roth (post-tax)In this episode of Peeling Back Money and Life, Casey and Mike dive into one of the most debated topics in personal finance: Should you contribute to Traditional (pre-tax) or to Roth (post-tax)? They break down the pros and cons, discuss key factors like tax brackets, future tax rates, and retirement planning, and share practical tips to help you decide. Tune in to discover how to align your contributions with your goals and optimize your long-term savings strategy!ResourcesTax Brackets Federal Tax Brackets Understand your current tax bracket to evaluate the potential benefits...2025-03-2719 minPeeling Back Money and Life68 - How to Avoid Overpaying the IRSIn this episode of Peeling Back Money and Life, Mike and Casey dive into essential strategies for minimizing taxes during retirement. They explore various income sources that can trigger tax liability and discuss smart planning techniques, including:• How to manage Required Minimum Distributions (RMDs)• The benefits of delaying Social Security• Strategic Roth conversion opportunities• Tax-efficient charitable giving methods• Capital gains harvesting strategiesWhether you're approaching retirement or already there, this episode provides actionable insights to help you keep more of your hard-earned money and avoid overpaying the IRS.ResourcesEpisodes When NOT t...2025-03-2022 minPeeling Back Money and Life67 - Ways to Pay Taxes on Roth ConversionsIn this episode, we explore the various strategies for managing taxes on Roth conversions. Casey and Mike break down different approaches to paying conversion taxes. They discuss the pros and cons of each method, share practical examples, and highlight common pitfalls to avoid. Whether you're planning your first Roth conversion or looking to optimize your existing strategy, this episode provides valuable insights for making informed decisions about your retirement savings.Key topics covered: Using cash from savings vs. withholding from the conversion amount Strategic timing of conversions in low-income years Quarterly tax payments vs. end-of-year planning...2025-03-1320 minPeeling Back Money and Life66 - How and Why to do a Backdoor Roth IRAJoin Casey and Mike as they break down the ins and outs of the Backdoor Roth IRA strategy. This episode dives deep into how high-income earners can legally contribute to a Roth IRA, even when they exceed income limits. You'll learn the step-by-step process, understand crucial tax implications.Key topics covered: Step-by-step guide to executing a Backdoor Roth IRA conversion Understanding and navigating the pro-rata rule Tax implications and strategies to minimize tax impact How the Backdoor Roth fits into your overall retirement strategy Comparison with Mega Backdoor Roth opportunitiesIRS Resources: Form 8606 Instructions...2025-03-0616 minPeeling Back Money and Life65 - Old 401(k)? What Are Your Options?In this episode of Peeling Back Money and Life, Casey and Mike tackle a common dilemma faced by many workers: what to do with an old 401(k) plan. Whether you've recently changed jobs or have a long-forgotten retirement account from a previous employer, this episode breaks down your three main options: leaving it with your old employer, rolling it to your new employer's plan, or moving it to an IRA. We discuss the pros and cons of each approach, important considerations like fees and investment options, and provide actionable steps to help you make an informed decision about your...2025-02-2718 minPeeling Back Money and Life64 - Top Steps You Can Take To Prepare For RetirementIn this episode, we explore the essential steps you can take to prepare for retirement. We dive deep into creating a comprehensive retirement strategy, from defining your ideal retirement lifestyle to building a robust financial cushion. Whether you're just starting to think about retirement or are actively planning for it, this episode provides practical, actionable steps to help secure your financial future.Key Topics Covered: Building a vision for retirement and calculating associated costs Creating an adequate short-term reserve for financial security Developing a retirement paycheck strategy Importance of annual retirement plan reviews2025-02-2026 minPeeling Back Money and Life63 - Asset LocationIn this episode of Peeling Back Money and Life, Casey and Mike explore the critical but often overlooked strategy of asset location in investment planning. They break down the differences between asset location and asset allocation, explain which investments work best in different types of accounts (taxable, tax-deferred, and tax-free), and provide actionable steps for implementing an effective asset location strategy. The discussion covers managing Required Minimum Distributions (RMDs), tax efficiency considerations, and how to adapt your strategy as circumstances change. Whether you're just starting to invest or looking to optimize your existing portfolio, this episode offers valuable insights...2025-02-1314 minPeeling Back Money and Life62 - Retirement Readiness: 3 Game-Changing Questions for a Fulfilling RetirementJoin Casey Redmond and Mike Dunlop as they explore three fundamental questions that every pre-retiree and retiree should consider. This episode dives deep into both the financial and emotional aspects of retirement planning, addressing:
Have you had enough? - Understanding when it's time to transition from your career
Do you have enough? - Evaluating financial readiness and building confidence in your plan
Will you have enough (Purpose)? - Creating a meaningful and fulfilling retirement lifestyle
Listeners will learn:
How to assess career satisfaction and readiness for retirement
Key components of financial confidence in retirement
Practical methods...2025-02-0635 minPeeling Back Money and Life61 - How to Invest for a Multidecade RetirementJoin us for an insightful discussion about investing for a multi-decade retirement. We explore crucial topics like life expectancy, the hidden impact of inflation on retirement portfolios, and effective investment strategies for both traditional and early retirees.
Whether you're planning for traditional retirement or considering early retirement (FIRE), this episode provides actionable insights to help you build a sustainable retirement strategy that can last for decades.
Resources:
Society of Actuaries Longevity Calculator - Tool for estimating life expectancy
How to Retire: A Practical Guide to Building, Sustaining, and Enjoying Your Retirement...2025-02-0428 minPeeling Back Money and Life60 - How to Access Your Money Before 59 1/2Unlock the secrets to accessing your retirement funds before 59.5! In this eye-opening episode, we dive into smart strategies that can help you tap into your savings early without breaking the bank. From the Rule of 55 to Roth IRA conversion ladders, we've got you covered. Whether you're planning for early retirement or just want more financial flexibility, this is the episode you can't afford to miss. Tune in and discover how to make your money work for you, on your timeline!
Resources
IRS Rule of 55: IRS Early Distribution Rules
Roth IRA Conversion Ladder: Investopedia - Roth Conversion...2025-01-2323 minPeeling Back Money and Life59 - How to Make Work OptionalCasey and Mike explore strategies for making work optional, from defining your financial freedom number to creating passive income. Whether you're starting out or optimizing your approach, this empowering discussion could transform your view on work and money!
Here's a list of valuable resources to help you on your journey to financial independence:
Books:
"Your Money or Your Life" by Vicki Robin and Joe Dominguez
"The Simple Path to Wealth" by JL Collins
"The 4-Hour Work Week" by Timothy Ferriss
"What Color Is the Sky" by Mike Finley
Websites and Blogs:
Mr. Money Mustache
Choose FI
...2025-01-1628 minPeeling Back Money and Life58 - Financial Independence at Any Age: Lessons from the FIRE Movement on Building Financial Flexibility and FreedomAre you curious about the FIRE movement but think it’s only for people looking to retire by 40? Think again! In this episode, Casey and Mike break down the psychology behind Financial Independence, Retire Early (FIRE) and how anyone—regardless of age or retirement plans—can benefit from adopting a FIRE mindset. From understanding the mental barriers around money to creating financial goals that fit your life, we’re showing you how to achieve financial freedom, flexibility, and peace of mind. Tune in for a conversational, engaging discussion full of tips, real-life examples, and actionable steps for mastering the mindset...2025-01-0939 minPeeling Back Money and Life57 - What is the FIRE Movement?Podcast Summary: In this episode, we explore the FIRE (Financial Independence, Retire Early) movement, discussing its principles, different approaches, steps to achieve FIRE, challenges, and actionable tips for listeners interested in pursuing financial independence.
Key Resources:
The Simple Path to Wealth by JL Collins
Financial Happiness by Mike Finley
Minimalism: A Documentary About the Important Things
Mr. Money Mustache (popular FIRE blog)
Your Money or Your Life by Vicki Robin and Joe Dominguez
The High Price of Materialism by Tim Kasser
2025-01-0230 minPeeling Back Money and Life56 - Start 2025 Right: Essential Tips for Financial Success and Wealth Building
Join us on this special end-of-year episode of 'Peeling Back Money and Life' as we dive into setting and achieving your financial goals for 2025! We'll share practical tips, inspiring insights, and actionable strategies that will help you build better money habits and set yourself up for long-term financial success. Start the new year strong :)
Books
"Your Money or Your Life" by Vicki Robin and Joe Dominguez
"Financial Happiness" by Mike Finley
Financial Blogs:
The Crazy Man in the Pink Wig
Get Rich Slowly
Mr. Money Mustache
The Simple Dollar
2024-12-2640 minPeeling Back Money and Life55 - Master these 3 Things to Change Your LIfeTune in to this episode of the PBML Podcast to discover the three key areas that can transform your life! Learn how to master your energy, create powerful morning routines, and harness the power of habits with insights and practical steps from experts. Don't miss out on these life-changing strategies—start your journey to a more productive and fulfilling life today!
Resources Mentioned:
Mark Hyman - Functional medicine practitioner and author of "Food: What the Heck Should I Eat?"
Dr. John Ratey - Associate clinical professor of psychiatry at Harvard Medical School and author of the bo...2024-12-1959 minPeeling Back Money and Life54 - Top 7 Decisions To 7 FiguresReady to unlock the secrets to a 7-figure net worth? In this episode, we reveal the top 7 financial decisions that can transform your financial future. From smart investing to maximizing retirement contributions, we've got actionable steps and real-life examples to guide you. Don't miss out on these crucial insights—tune in now and take the first step toward financial freedom!
Resources:
Books:
The Next Millionaire Next Door by Thomas J. Stanley and Sarah Stanley
Your Money or Your Life by Vicki Robin and Joe Dominguez
What Color is the Sky by Mi...2024-12-1241 minPeeling Back Money and Life53 - Maximizing Your Charitable Giving: Strategies with Financial Expert Mike FinleyIn this episode, join us as we dive into the world of charitable giving with financial educator Mike Finley. Discover insightful strategies like Qualified Charitable Distributions (QCDs) and Donor Advised Funds (DAFs), and learn how to integrate them into your financial plan for maximum impact. Mike shares personal stories, practical advice, and answers common questions about making meaningful contributions. Don't miss this opportunity to transform your approach to giving and make a lasting difference!
**Books by Mike Finley:** "Financial Happine$$," "The Crazy Man in the Pink Wig," and others
**The Giving Solution:** Mike's non-profit organization offering free financial...2024-12-0528 minPeeling Back Money and Life52 - Maximize Your Charitable Giving: Tax Benefits, QCDs, and Donor Advised Funds ExplainedJoin Casey and Mike as they dive into the world of charitable giving, exploring how you can support the causes you care about while maximizing tax benefits. From Qualified Charitable Distributions (QCDs) to Donor Advised Funds (DAFs) and more, this episode provides actionable steps and real-life examples to make your philanthropic efforts more impactful. Tune in to learn strategic tips for integrating charitable giving into your financial plan and ensuring your generosity makes the biggest difference!
Charity Navigator: A resource for evaluating the financial health and transparency of nonprofits.
GuideStar: Another tool for researching and assessing charities.
...2024-11-2834 minPeeling Back Money and Life51 - A 7-Step Tax Planning Checklist for Maximum SavingsJoin us as we dive into our 7 Step Tax Planning Checklist to help you maximize tax savings and secure your financial future. From charitable giving and Roth conversions to tax harvesting and gifting strategies, we've got you covered. Don't miss out on expert tips and actionable advice that can make a significant difference in your tax planning. Tune in now and take control of your financial destiny!
IRS Withholding Calculator
IRS Form W-4
IRS Form 1040-ES
TrueMed
Episodes 35 and 36: Roth Conversions
Episodes 37 and 38: Tax Harvesting
Email: hello@peelingbackmoneyandlife.com
Resources Mentioned2024-11-2148 minPeeling Back Money and Life50 - 7 Ways to Avoid/Reduce IRMAAJoin Mike and Casey as they delve into the crucial topic of IRMAA and its impact on your Medicare premiums. Discover practical strategies to manage your income and avoid those extra costs. Tune in to learn about the Top 7 ways to avoid or reduce IRMAA surcharges. Don't miss out on this essential guide to optimizing your retirement finances!
Resources
https://www.kiplinger.com/retirement/medicare/medicare-premiums-2024-irmaa-for-parts-b-and-d
Will-I-Avoid-IRMAA-Surcharges-On-Medicare-Part-B-And-Part-D-2024.pdf2024-11-1423 minPeeling Back Money and Life49 - Top 7 Health Insurance Options Pre-65Struggling with health insurance options before hitting 65? We've got you covered! Join us as we break down COBRA, marketplace plans, employer-sponsored benefits, and more. Discover the best strategies to ensure continuous, affordable healthcare. Tune in and make informed decisions for your future!
Resources
https://finder.healthcare.gov/
https://www.dol.gov/agencies/ebsa/laws-and-regulations/laws/cobra
https://www.healthcare.gov/lower-costs/
https://www.kff.org/medicare/issue-brief/retiree-health-benefits-going-going-nearly-gone/
https://www.mass.gov/news/what-you-should-know-about-health-care-sharing-ministries-discount-plans-and-risk-sharing-plans
https://www.healthsharingplans.com
https://www.ehealthinsurance.com/small-business-health-insurance...2024-11-0726 minPeeling Back Money and Life48 - Smart Money Moves: Reviewing and Saving on Property and Auto InsuranceAre you overpaying for your home and auto insurance? Tune in to this episode where we peel back the layers of insurance policies to help you understand your coverage better. We'll guide you through different types of home and auto insurance, how to balance coverage with affordability, and how to adjust your policies to fit your current needs. Don't miss out on the chance to save on insurance and protect your valuable assets – tune in now!
Resources:
https://www.bankrate.com/insurance/homeowners-insurance/homeowners-insurance-cost/#methodology
https://www.nerdwallet.com/article/insurance/minimum-car-insurance-requirements2024-10-3128 minPeeling Back Money and Life47 - The Ultimate Guide to Life InsuranceDive into the world of life insurance with us in this episode as we demystify the different types, from term to permanent to what you have at your work and Social Security. We discuss how to determine your needs, the cost of each type, and the advantage. If you're looking for clear and practical advice on life insurance, this episode is a must-listen!
Resources
www.term4sale.com
https://www.ssa.gov/benefits/survivors/
NAIFA (National Association of Insurance and Financial Advisors):
IIABA (Independent Insurance Agents & Brokers of America):2024-10-2431 minPeeling Back Money and Life46 - Should I Keep or Get a Mortgage in Retirement?In this thought-provoking episode, we delve deep into a vital question most retirees grapple with - Should you keep or get a mortgage in your retirement years? Join us as we dissect the pros and cons of having a mortgage in retirement, run through numerous scenarios, and offer valuable insights to help you make an informed decision. Whether you're nearing retirement, moving to a new home, or even considering building a new home, this episode is a must-listen. Tune in to discover how careful financial planning can empower you to navigate the uncertainties of retirement and lead a stress-free...2024-10-1724 minPeeling Back Money and Life45 - The Ultimate Guide to AnnuitiesDive into the world of annuities with us in this episode! We delve into the topic, explaining what annuities are, how they work, and their pros and cons. Whether you're considering annuities for your retirement plan or just want to broaden your financial knowledge, this episode is for you. Don't miss out on this opportunity to learn more, join us in peeling back the layers of annuities!
Resources
https://www.investopedia.com/articles/retirement/121416/retirement-annuities-know-pros-and-cons.asp
https://www.investopedia.com/articles/retirement/07/annuity-benefits-fine-print.asp
https://www.nationwideadvisory.com/products/monument-advisor
2024-10-1027 minPeeling Back Money and Life44 - 7 Steps to Setting up a Retirement PaycheckSummary
In this episode, we break down the complex process of setting up a paycheck in retirement into simple, manageable steps. We provide insights on assessing your expenses, adding up income sources, calculating the amount needed from your investment accounts, and more! Join us as we share tips on choosing the right withdrawal account, creating your own withdrawal frequency, and the importance of reviewing and adjusting your plan. Whether you're nearing retirement or just starting to plan, this episode offers valuable insights to help you optimize your money and create a sustainable plan for your retirement years...2024-10-0339 minPeeling Back Money and Life43 - Where to put your next dollarJoin us for an enlightening episode where we peel back the layers of financial planning. We answer one of the most common questions we get – "Where should I put my next dollar?" We've broken down the answer into seven easy steps. Whether you're just starting out or looking to refine your financial strategy, this episode will guide you to make the most out of every dollar. Get ready to dive deep into the world of money and life, and get one step closer to financial stability!
Resources
Retirement calculator
Collegesavingsiowa.com (for Iowa 529 plans)
2024-09-2622 minPeeling Back Money and Life42 - Investors Roadmap in Building WealthIn this episode, we dive deep into the world of investing! Join us as we walk you through a comprehensive investing roadmap. We take the guesswork out of investing and give you actionable steps to kickstart your journey towards financial independence. Whether you're a seasoned investor or just starting out, this episode is packed with insights that will help you optimize your investment strategy and grow your wealth. Don't miss out!2024-09-1927 minPeeling Back Money and Life41 - Tax loss harvesting continued and what is tax gain harvestingJoin us on this episode of Peeling Back Money and Life as we delve deep into the world of Tax Harvesting. Uncover invaluable strategies like tax loss and gain harvesting that can significantly impact your financial health. Whether you're a high earner, a young investor, or planning for retirement, this episode has something for you. Don't miss out on this opportunity to make informed decisions about your investments!
Resources
Forget Harvesting Losses, It's Time to Harvest Gains!
Is Capital Loss Harvesting Overvalued?
2024-09-1222 minPeeling Back Money and Life40 - Tax Loss HarvestingDescription
Join us on this week's episode as we peel back the layers on tax-loss harvesting - a game-changing financial strategy. Discover how it can reduce your taxable income and potentially lower your overall tax rate. We'll unpack the process, illustrate with examples, and even dive into the complexities of the wash-sale rule. Don't miss out on these expert insights into managing your tax liability while maximizing your investment strategy!
Resources
Tax - Loss Harvesting
Wash Sale Rules2024-09-0520 minPeeling Back Money and Life39 - The Future of Senior Living: Insights from Jerry Harris, President of Operations and Chief Experience Officer at Western HomeJoin us in this enlightening episode of 'Peeling Back Money and Life' as we sit down with Jerry Harris, President of Cedar Falls Operations and Chief Experience Officer at Western Home Communities. Discover the evolution of Western Homes, the challenges and innovations in the senior living sector, and gain valuable advice for families considering senior living options. Hear about impactful programs like Fortified Life and Charitable Gift Annuities, and learn about the future of senior living communities. Don't miss this inspiring conversation!
Resources Mentioned
Fortified Life Program
Western Home Communities
5307 Caraway Ln2024-08-2954 minPeeling Back Money and Life38 - Investing GuidelinesJoin us as we delve into the top investing rules for successful financial growth. We'll guide you through the process of setting clear investment goals, developing a passive strategy using index funds, and adjusting your portfolio to align with your objectives. Learn how to avoid common pitfalls like emotional decision-making and market timing, and get practical tips on managing costs, rebalancing, and continuous learning. Tune in for this insightful episode - it's time to peel back the layers of money and life!
Resources
"A Random Walk Down Wall Street" by Burton Malkiel
"The Little Book of...2024-08-2236 minPeeling Back Money and Life37 - Achieving Financial Independence: Mike Finley's Journey and Tips for SuccessJoin us as we welcome Mike Finley, the 'Crazy Man in the Pink Wig,' who shares his incredible journey to achieving financial independence by 45. Discover his unique concept of 'graduation,' essential personal finance principles, and inspiring stories from his work. Don't miss out on practical advice and insights that could transform your financial future!
Resources Mentioned
Books by Mike Finley: "Financial Happine$$," "The Crazy Man in the Pink Wig," and others
The Giving Solution: Mike's non-profit organization offering free financial guidance
Newsletter: Subscribe to Mike Finley's newsletter for ongoing financial tips...2024-08-1543 minPeeling Back Money and Life36 - When NOT to do a Roth ConversionTune into our latest episode where we take a deep dive into Roth Conversions. We discuss when it might not be the right move, the potential impacts on your tax bill and retirement savings, and important considerations to take into account before pulling the trigger on doing a Roth Conversion. This episode is packed with valuable insights and tips, whether you're considering a Roth Conversion or simply want to better understand your retirement options. Don't miss out!
Resources:
The Premium Tax Credit
60-Day Rollover Rule for Retirement Plans
IRS Uniform Lifetime Table
Future Value Calculator
Vanguard...2024-08-0829 minPeeling Back Money and Life35 - How and why to do a Roth conversionUnravel the complexities of Roth Conversions in this episode where we take a deep dive into the world of tax planning. Learn about the benefits, pitfalls, and strategies of Roth conversions, and how to leverage them for a more financially secure future. Get insights from a case study and understand how proactive tax planning can save you millions in taxes. This episode is a must-listen for anyone considering Roth conversions or those simply looking to optimize their retirement savings!
Resources
IRS uniform lifetime table
Future value calculator
Vanguard data on historical rate of...2024-08-0128 minPeeling Back Money and Life34- Should You Care About Your Credit Score? What about Freezing Your Credit?In this episode of Peeling Back Money and Life, join Casey and Mike as they delve into the importance of credit scores and freezing your credit. They break down credit score. Then they dive into the concept of freezing your credit, explaining how it can protect you from fraud and identity theft. With helpful insights and practical steps, this episode is a must-listen if you want to take control of your financial security!
Resources
Credit monitoring
AnnualCreditReport.com: You can get a free
credit report from each of the three major...2024-07-2516 minPeeling Back Money and Life33 - Answers to questions we get about financial advisorsIn this episode of Peeling Back Money and Life, we delve into the complex world of financial advisors. We tackle common questions about changing financial advisors, the fiduciary standard, fee-only vs fee-based advisors, and where to find help. We also provide a wealth of resources for finding the right advisor for your needs. Tune in for insightful discussions that will equip you with the knowledge to make informed decisions about your financial future.
Resources
CFP Boards “Find a CFP Professional” website: www.letsmakeaplan.org
Financial Planning Associations “PlannerSearch” website: www.plannersearch.org
National Associat...2024-07-1824 minPeeling Back Money and Life32 - Fees that financial advisors charge: How to know what your payingDiscover the ins and outs of financial advisor fees in this enlightening episode. We delve into hourly fees, flat fees, asset-based fees, and commissions, and discuss the potential conflicts of interest that each model might bring. We also provide crucial questions to ask your financial advisor to ensure transparency and alignment of interests. Tune in to gain a clear understanding of what you're paying for and how to evaluate the value of advisor fees. With this knowledge, you can make more informed decisions about your financial advisory relationships.
Resources
Kitces.com
Questions to...2024-07-1136 minPeeling Back Money and Life31 - Different types of financial advisors: Which one do you have?Join hosts Casey and Mike as they delve into the world of financial advisors. This insightful episode demystifies the various types of financial advisors, their roles, and how they can assist you in achieving your financial objectives. From comprehensive planners to investment managers, advice-only advisors to insurance agents, and even the salesperson, this episode breaks it all down. Tune in for an enlightening discussion that could potentially change your financial future.
Resources:
Questions to ask a financial advisor
FINRA BrokerCheck
How to find and work with a financial advisor
...2024-07-0421 minPeeling Back Money and Life30 - Estate Planning 101: It's for Everyone, Not Just the WealthyJoin Casey and Mike as they peel back the layers of estate planning. This essential topic is not just for the wealthy - it's for everyone. They delve into the nitty-gritty of wills, trusts, and the consequences of not having a plan in place. Discover the key components of a comprehensive estate plan and how to avoid common mistakes. They also explore resources available for estate planning. Don't miss out on this informative episode packed with practical tips and action steps!
Resources Mentioned:
LastPass
Bitwarden
Google’s Inactive Account Manager
Apple’s Legacy Cont...2024-06-2718 minPeeling Back Money and Life29 - What is probate and how to avoid it without creating a trustIn this episode of "Peeling Back Money and Life", join Casey and Mike as they demystify the often intimidating subject of probate. Learn what probate is, the process involved, its pros and cons, and common misconceptions. But most importantly, discover practical strategies to avoid and/or drastically reduce your probate without creating a trust. Tune in for insights that could save you time and money, and give you peace of mind.
Resources
https://trustandwill.com/learn/probate-fees - Can look by state you live in
2024-06-2012 minPeeling Back Money and Life28 - What is an Advanced Directive and do I Need One?Description
In this episode of Peeling Back Money and Life, we delve into the critical but often overlooked topic of advance directives. We discuss what they are, their importance, who should consider having one, and common misconceptions surrounding them. Tune in to hear real-life examples and scenarios, learn about legal and financial considerations, and gain insights on navigating family dynamics when implementing an advance directive. Don't miss this enlightening discussion on taking control of your healthcare decisions.
Resources:
Prepare for Your Care
Five Wishes
“The Art of Dying Well: A Practical Gu...2024-06-1323 minPeeling Back Money and Life27 - Do I Need A WillJoin us as we peel back the layers of wills and estate planning. In this episode, we discuss the importance of having a will, common misconceptions, and how to navigate the legal and financial considerations. Learn how to protect your assets, ensure your wishes are met, and preserve your legacy. It's not just about you - it's about protecting your loved ones, too. Don't leave it up to the state - tune in to find out why everyone needs a will.
2024-06-0616 minPeeling Back Money and Life26 - Money and Life Tips for Post-Secondary StudentsIn this episode, we dive into a wealth of advice for post-secondary students, covering everything from life topics to money topics and some are time management and embarking on your financial independence journey. Tune in to discover practical tips and a treasure trove of resources that can help you navigate your path to a balanced and fulfilling life. Your financial future starts now!
2024-05-3047 minPeeling Back Money and Life25 - Parents Role in Post Secondary PlanningIn this episode of Peeling Back Money and Life, Casey and Mike delve deep into the pivotal role parents play in their child's post-secondary education journey. From discussing smart financial planning strategies to providing emotional support, navigating the college application process, and preparing for life after college - this episode is filled with insightful tips and strategies every parent will find invaluable. Tune in to empower your child's transition into adulthood while ensuring your own well-being.
Resources
"Now What" by Mike Finley
"The Simple Path to Wealth" by JL Collins
"I Will Teach You to Be...2024-05-2326 minPeeling Back Money and Life24 - How to Pay For Post-Secondary EducationJoin us for an insightful episode where we demystify the financial aspects of post-high school education. From understanding the full spectrum of costs, exploring financial aid options, to making sense of the FAFSA and student loans, we cover it all. We also delve into alternative funding strategies and the importance of guidance during these pivotal moments. Whether you're headed to college, trade school, this episode is packed with valuable tips and resources to help make your dreams a reality. Tune in to make your journey to higher education more manageable and financially savvy.
2024-05-1635 minPeeling Back Money and Life23 - Strategies for choosing your pathIn this riveting episode of "Peeling Back Money and Life," we explore the crucial topic of choosing your path after high school. Guided by introspection and self-awareness, we delve into strategies for understanding yourself better, and offer practical steps to take action on your aspirations. Featuring insights from leading thinkers and effective tools for goal setting, this episode is a must-listen for anyone standing at the crossroads of life's decisions. Tune in and embark on a journey of self-discovery and future planning.
2024-05-0930 minPeeling Back Money and Life22 - Pathways After High SchoolIn this episode of "Peeling Back Money and Life," hosts Casey and Mike explore the various pathways after high school. From traditional four-year colleges to vocational training, military service, and taking a gap year, they discuss the pros and cons of each option. Join them as they dive deep into the topic, providing valuable insights and guidance to help you make an informed decision about your future. Tune in now and peel back the layers of post-secondary possibilities!
Resources
https://www.careerplanner.com/ListOfCareers
https://successwithoutcollege.org/
https://www.asvabprogram.com/media-center-article/61
2024-05-0228 minPeeling Back Money and Life21 - Pay off debt or investIn this episode of "Peeling Back Money and Life," Casey and Mike dive into the age-old dilemma of whether to pay off debt or invest. They provide valuable insights and strategies for managing debt. They also discuss key factors to consider when making the decision to pay off debt or invest as well as a framework and guide in helping make your decision of how to go about prioritizing one over the other. Tune in to gain a better understanding of how to navigate this financial conundrum and make informed decisions about your financial future.2024-04-2526 minPeeling Back Money and Life20 - Debt to income: How to figure yours out and how much you should haveIn this episode of "Peeling Back Money and Life," Casey and Mike dive into the crucial topic of debt-to-income ratio. They break down what it is, why it matters, and how to calculate it. Discover the ideal range for a healthy debt-to-income ratio and the consequences of having a high ratio. Learn practical strategies for improving your ratio. Plus, explore the mindset shift and environment changes that can help you on your journey to financial well-being. Don't miss this episode filled with valuable insights and tips to take control of your debt and boost your financial health! Tune in...2024-04-1827 minPeeling Back Money and Life19 - The Big 3 - Massive Impact on Long-Term Savings RateDiscover how transportation, food, and housing expenses can have a massive impact on your long-term savings rate. Join Casey and Mike as they dive into practical strategies to reduce these costs and optimize your decisions. Find out what they recommend to keep your transportation and housing expenses at compared to your gross income. Don't miss this episode packed with valuable insights to improve your financial well-being. Tune in now!
Resources
Kelley Blue Book: www.KelleyBlueBook.com
Edmunds: www.Edmunds.com
U.S. Bureau of Labor Statistics: U.S. Bureau of Labor Statistics
...2024-04-1135 minPeeling Back Money and Life18 - Spring Cleaning Your MoneyJoin Casey and Mike in this eye-opening episode as they reveal the ultimate system for giving your finances a spring clean. From income, expenses, debt, and investments, to insurance and taxes, they leave no stone unturned. Discover the opportunities for improvement, optimization, and growth in your financial life. Tune in to start your journey towards financial success today!
2024-04-0427 minPeeling Back Money and Life17 - How to find and work with financial planner/advisorIn this episode, we discuss the important topic of finding and working with a financial planner or advisor. We cover everything from choosing the right advisor to understanding their qualifications and compensation structures. Join us as we explore the qualities to look for, the questions to ask, and how to ensure your advisor aligns with your financial goals and values. Whether you're just starting your financial journey or planning for retirement, this episode will provide valuable insights to help you make informed decisions. Tune in now and discover the benefits of working with a financial planner.
Resources
10-questions-to-ask-a-financial-advisor
...2024-03-2845 minPeeling Back Money and Life16 - Investment Policy Statement (IPS): Covering the What, Why, and How.In this episode, we dive deep into the world of Investment Policy Statements (IPS) and how they can help you navigate your financial journey. Join us as we discuss the purpose and objectives of an IPS, the essential components to include, and the step-by-step process of creating your own. We also explore common mistakes to avoid and whether to DIY or seek professional assistance. Tune in to this episode and take control of your investments with the power of an IPS!
Resource
The Only Guide You'll Ever Need for the Right Financial Plan: Managing...2024-03-2136 minPeeling Back Money and Life15 - Tax Planning StrategiesIn this episode of "Peeling Back Money and Life," Casey and Mike dive deep into the world of tax planning strategies. They discuss the importance of strategic planning, different types of income and their tax implications, deductions and credits, retirement planning, and smart tax planning. Whether you're a recent graduate or a seasoned professional, this episode offers valuable insights to help you navigate the complexities of taxes and make informed financial decisions. Tune in now to uncover the secrets of tax planning and optimize your financial future!2024-03-1424 minPeeling Back Money and Life14 - What to Look for in a Tax AccountantIn this episode of Peeling Back Money and Life, Casey and Mike talk about what to look for in a tax accountant. They discuss the qualities of a good tax accountant and the importance of choosing the right type of tax professional, like CPAs or enrolled agents. The hosts also talk about the significance of industry specialization, client feedback, and reviews when choosing an accountant. They give tips on interviewing an accountant and provide questions to ask during the process. The episode covers fee structures, the benefits of working with other professionals, and the pros and cons of doing...2024-03-0726 minPeeling Back Money and Life13 - Steps to Take When Choosing Investments Inside Your 401kIn this episode of "Peeling Back Money and Life," Casey and Mike discuss the important steps to take when choosing investments inside your 401k. They cover topics such as understanding your retirement plan, reviewing available funds, monitoring and adjusting your investments, tax implications, and what to do when leaving your employer. Tune in to gain valuable insights and take control of your financial future!
RESOURCES
The Smartest 401(k) Book You'll Ever Read: Maximize Your Retirement Savings...the Smart Way! [Smartest 403(b) and 457(b), too!] by Daniel Solin
The Little Book of Common Sense Investing: The Only...2024-02-2931 minPeeling Back Money and Life12 - How much is Enough?In this episode, we explore the concept of "enough" and how it relates to our finances and overall well-being. Join us as we discuss the importance of understanding what is truly enough for each of us individually, and how it can lead to a more fulfilling and intentional life. From reflecting on our values and priorities to assessing our financial landscape, we provide practical steps to help you determine your own version of "enough." Whether you're in your 20s or nearing retirement, this episode offers valuable insights and actionable advice to guide you on your path. Tune in now...2024-02-2235 minPeeling Back Money and Life11 - Becoming a Wise InvestorIn this episode of Peeling Back Money and Life, join us as we dive into the world of becoming a wise investor. We discuss practical strategies and insights to simplify your investment approach, learn from independent experts, manage emotions, understand risk and reward, know what you own and why you own it, and stay informed about fees and market trends. Don't miss out on this valuable episode that will empower you to make informed financial decisions and achieve your long-term goals.
RESOURCES
The Smartest Investment Book You'll Ever Read: The Proven Way to Beat the "Pros" and Take...2024-02-1542 minPeeling Back Money and Life10 - What tax documents should I be expecting and by whenJoin hosts Casey Redmond and Mike Dunlop as they break down the complex world of tax documents and filing. In this episode, they discuss the importance of filing taxes, the pros and cons of filing on your own, and the basics of the US tax system. They provide practical tips for organizing your tax documents and share common mistakes to avoid. Whether you're a tax-filing pro or just starting out, this episode will give you the confidence to tackle your taxes head-on. Tune in now and take control of your financial health!
2024-02-0817 minPeeling Back Money and Life9 - All about Asset Allocation and Asset LocationIn this episode of "Peeling Back Money and Life," hosts Casey and Mike explore the concepts of asset allocation and asset location.
Offering a step by step guide when developing asset allocation and what factors to consider to optimize asset location.
Resources
- All About Asset Allocation by Rick Ferri
- What Color is the Sky by Mike Finley
- Video on asset allocation2024-02-0132 minPeeling Back Money and Life8 - Top Habits of MillionairesIn this episode of Peeling Back Money and Life, Casey and Mike dive into the millionaire mindset and discuss the top habits of millionaires.
What distinctions and habits help pave the way for millionaires and sneak peak its not all about having a high income.
Tune in to the full episode for more insights and tips on developing a millionaire mindset and building wealth.
RESOURCES
- The Millionaire Next Door: Enduring Strategies for Building Wealth by Thomas Stanley and Sarah Stanley
- Grit: The Power of...2024-01-2542 minPeeling Back Money and Life7 - How to Create More Wealth into Your LifeIn this episode of the Peeling Back Money and Life Podcast, hosts Casey Redmond and Mike Dunlop discuss the topic of "How to Create More Wealth Into Your Life." They explore the mindset shift towards service and the reciprocal relationship between service and wealth. The hosts emphasize the importance of personal growth and well-being in the pursuit of wealth creation. They also discuss the role of relationships, continuous learning, and professional development in fostering abundance. Listeners are encouraged to reflect on how they can apply the principles discussed in their own lives. Overall, this episode provides valuable insights on...2024-01-1821 minPeeling Back Money and Life6 - Setting Up A System To Master Your Cash FlowIn this episode, hosts Mike Dunlop and Casey Redmond discuss the importance of mastering personal cashflow and setting up automated systems. They discuss the various money-related decisions we make daily and their cumulative impact on our financial wellbeing. They introduce strategies like setting up automatic bill payments, direct deposit for income and automating transfers. They also provide examples of helpful budgeting apps and tools such as YNAB, Mint, Tiller, Excel, Google Sheets, and Acorns. They further suggest setting financial goals and utilizing investment and retirement planning tools for optimal financial stability. The episode stresses the significance of being proactive...2024-01-1118 minPeeling Back Money and Life5 - Key Metrics to Review Yearly - The How and the WhyIn this episode of "Peeling Back Money and Life," hosts Casey Redmond and Mike Dunlop discuss key metrics to review yearly and why they matter. They emphasize the importance of understanding the how and the why behind these metrics to make informed financial decisions. The episode covers a range of metrics, including net worth, tax planning, retirement savings, asset allocation, investment returns, budget vs. actual spending, credit score, emergency fund, debt-to-income ratio, and savings rate. Listeners will gain insights into each metric, strategies for tracking and reviewing them, and actionable steps to improve their financial well-being. Tune in to...2024-01-0435 minPeeling Back Money and Life4 - Masters of Wisdom with Mike Finley: Munger, Bogle, Buffett and Bernstein UnveiledIn this episode of the PBML Podcast, host Casey Redmond and co-host Mike Dunlop interview Mike Finley and discuss the wisdom of the financial legends of Warren Buffett, Charlie Munger, John Bogle, and William Bernstein. They delve into topics such as William Bernstein's new book, the investment strategies outlined in it, and practical applications for listeners. They also explore the key takeaways from Warren Buffett and Charlie Munger's philosophies, as well as John Bogle's revolutionary approach to index investing. The episode concludes with insights on synthesizing these diverse philosophies into practical strategies for everyday investors.
RESOURCES
Four-Pillars-Investing-Edition...2023-12-3032 minPeeling Back Money and Life3 - How to Make 2024 Your Best YearIn this episode of the PBML Podcast, Mike and Casey discuss strategies and tips for making 2024 the best year ever. They explore topics such as setting clear goals, developing a positive mindset, time management techniques, prioritizing health and self-care, building strong relationships, giving back to the community, and the importance of reflection and review. Through their conversation, they provide practical advice and insights to help listeners make the most of the upcoming year and achieve their personal and professional goals. Don't miss this inspiring episode as Mike and Casey guide you on the journey to a successful and fulfilling 2024.
...2023-12-2235 minPeeling Back Money and Life2 - End of Year Financial Planning and Strategic Investment TipsIn this episode, hosts Casey and Mike focus on year-end financial planning, beginning with discussions on unrealized losses in taxable accounts and required minimum distributions (RMDs). They explain how an individual can offset realized gains or ordinary income with losses, offering valuable advice for those with taxable brokerage accounts. A key focus is on the importance of RMDs for individuals reaching certain ages, detailing how those can impact retirement accounts and potentially result in penalties if not correctly handled. This episode additionally explores maximizing HSA and FSA accounts, planning for extra income like bonuses or stock options, and implementing...2023-12-1819 minPeeling Back Money and Life1 - Money and LifeA journey into the heart of what truly matters in our lives - our financial health and our overall well-being. Each week, we invite you to join us as we explore the intricate layers of money, life, and personal growth, offering a unique blend of financial wisdom, life lessons, and wellness strategies. Through engaging discussions, interviews with industry experts, alongside inspiring stories from individuals from all walks of life, we shed light on how financial decisions and many other life decisions impact our everyday lives and overall happiness.
Resources:
The Psychology of Money by Morgan Housel
The Code o...2023-12-1334 min
The Fat Guy ForumFat Guy Forum Episode 179 - Casey Gets Real!You may think you know Casey King's story if you caught him on Family By The Ton but it turns out there's so much more to hear, including the reality of that "reality TV" show! I am excited that we sat down to not only talk about the show but his incredible journey from 823 pounds to 245 pounds, how his life and world have changed, and how he just might be the "Encino Man" of weight loss! What does that mean? Give this episode a listen and find out. I won't lie, there's some moments that the sound is challenging...2022-08-081h 29
Rabbitt Stew ComicsEpisode 345Comic List: DC Batman/Faze Clan 1 by Josh Trujillo, Scot Eaton, Norm Rapmund, Tony Avina Batman: Beyond the White Knight 1 by Sean Murphy, Dave Stewart Sensational Wonder Woman Special 1 by Paula Sevenbergen, Stephanie Phillips, Scott Kolins, Paul Pelletier, Alitha Martinez, Norm Rapmund, Dexter Vines, Vicente Cifuentes, Carrie Strachan, Adriano Lucas, Wendy Broome Shadow War Alpha by Joshua Williamson, Viktor Bogdanovic, Daniel Henriques, Mike Spicer War For Earth-3 2 by Robbie Thompson, Dennis Hopeless, Kieran McKeown, Dexter Vines, Ariel Olivetti, Julio Ferreira, Brent Peeples, Matt Herms Marvel Amazing Spider-Man 93 by Zeb Wells, Patrick Gleason, Bryan Valenza, Sara Pichelli, Carlos Lopez...2022-04-033h 08
Windy City Irish RadioWindy City Irish Radio - January 10, 2021Despite the lack of concerts and festivals in 2020, musical artists and bands have had plenty of time to write and record new tunes and songs -- one of the few benefits from this ongoing pandemic. Tim and Mike share the new music that has crossed over their collective transoms this year featuring music from the The Byrne Brothers, Andy Lamy, Van Morrison (Official), Oisín Mac Diarmada, Orla Fallon Official Page, Wallis Bird, Celtic Woman, John Redmond, Emma Langford, Barleyjuice, Michael Casey, Eamon O'Leary, Ryan Sheridan and so much more. What a way to start of the new year!! Chec...2021-01-101h 00