Are taxpayer-funded sports stadiums a financial blessing or a burden? Josh dives into this hot-button issue, exploring the true economic impact and cultural significance of iconic arenas like Yankee Stadium and Fenway Park. He scrutinizes whether these massive public expenditures truly benefit the communities they claim to uplift, or if they merely line the pockets of billionaire team owners. From Milwaukee to Buffalo, Josh breaks down the promises of job creation and neighborhood revitalization, challenging the role of politicians in facilitating corporate welfare. Plus, in "Extra Points," Josh and his team debate the practicality of Ubering versus driving to a game and explore how stadium naming rights play into the larger financial picture. Can't get enough of the Financial Quarterback? Click 'Subscribe' to never miss a play. New episodes touchdown right here! Loving the playbook? Drop us a 5-star rating and share your thoughts in a review. Your feedback fuels the game plan!

Are you ready to draft the ultimate financial strategy? Josh kicks off this episode by breaking down how to build a well-rounded financial team, focusing on diversification and managing risk. He guides you through the importance of balancing offensive and defensive investments, ensuring that your portfolio is set up for long-term success, especially as retirement approaches. Then, it’s draft day! In the second half of the episode, Josh teams up with Producers Jim and Fisher to dive into the 2024 Financial Draft. Together, they compete to select the best financial assets—picking everything from stocks and bonds to alternative investments—as they each build their own dream portfolios. It's a high-stakes financial showdown, where the goal is to craft a winning strategy for future wealth and retirement security. Can't get enough of the Financial Quarterback? Click 'Subscribe' to never miss a play. New episodes touchdown right here! Loving the playbook? Drop us a 5-star rating and share your thoughts in a review. Your feedback fuels the game plan!

We’re live, and Josh is diving into the week’s biggest financial shifts, from Bitcoin’s explosive climb toward $100,000 to Warren Buffett’s surprising cash strategies. With Gary Gensler stepping down as SEC Chairman, Josh unpacks what this means for crypto regulations and institutional adoption, offering his take on the shifting landscape. Josh also takes listener calls on a range of topics, breaking down Target’s earnings slump, Walmart’s consumer trends, Social Security updates, inheritance planning, and holiday spending dilemmas. Original Air Date: November 23, 2024 Can't get enough of the Financial Quarterback? Click 'Subscribe' to never miss a play. New episodes touchdown right here! Loving the playbook? Drop us a 5-star rating and share your thoughts in a review. Your feedback fuels the game plan!

Original air date 05-25-2019 In this episode, Josh welcomed Anthony Scaramucci to discuss the intricacies of the Opportunity Zone credit, a program aimed at incentivizing investments in economically distressed areas across the United States. Scaramucci broke down the benefits of deferring capital gains taxes and the potential for earning tax-free profits by investing in designated zones, while also addressing the slow progress and regulatory challenges that have hindered the program's full potential. The conversation shifted to the broader political landscape, with Scaramucci sharing his insights on the then-upcoming 2020 election and the likelihood of an infrastructure deal in the prevailing political climate. He expressed frustration with the stagnation and polarization in politics, suggesting that an infrastructure deal might be the most feasible bipartisan effort. Throughout the episode, Jalinski and Scaramucci delved into various topics, including the success of Scaramucci's book "Trump, the Blue Collar President," the state of the China trade deal, and the importance of addressing human rights abuses in international relations. As the episode concluded, Jalinski discussed the implications of including Chinese stocks in indexes and the moral issues that could be used to pressure China in trade negotiations. He also touched on the recent secure retirement bill passed by the House and its potential impact on retirement planning, particularly the "death of the stretch" provision. Can't get enough of the Financial Quarterback? Click 'Subscribe' to ensure you never miss a play. New episodes touchdown right here! And if you're loving the playbook, drop us a 5-star rating and leave a review. Your feedback drives the game!

Airdate: 12/31/2023 In this episode, Josh delves into the intriguing topic of trustworthiness and its relation to facial hair, referencing a scientific study that suggests bearded individuals are perceived as more trustworthy. The conversation then takes a turn to discuss the recent controversy surrounding Elon Musk and his social media platform, X. Josh shares his perspective on X's potential to rival traditional media outlets. The discussion further explores the impact of rising interest rates and inflation on retirement planning. Josh emphasizes the critical importance of being debt-free before retirement and understanding the relationship between interest rates and the stock market. He also addresses the trend of "doom spending," highlighting the need for individuals to strike a balance between enjoying the present and preparing for the future. Can't get enough of the Financial Quarterback? Click 'Subscribe' to ensure you never miss a play. New episodes touchdown right here! And if you're loving the playbook, drop us a 5-star rating and leave a review. Your feedback drives the game!

Airdate: 12/30/2023 In this episode, Josh is joined by Tom Hegna, a renowned retirement planning expert and author of "Who Wants to Be a Millionaire," to discuss effective strategies for building wealth and securing a comfortable retirement. Josh leads the conversation, exploring Tom's insights on the importance of a well-thought-out retirement plan, the benefits of maximizing social security, and strategies for inflation protection. Tom emphasizes the value of annuities and insurance products in ensuring a guaranteed lifetime income during retirement. Josh delves into Tom's concept of ikigai, discussing how finding one's purpose and passion in life aligns with financial success and the necessity of living within one's means. They discuss Tom's key steps to building wealth, including making more money, spending wisely, and investing in appreciating assets. Tom shares his belief that with disciplined saving and investing, nearly every American has the potential to become a millionaire. The episode also covers the critical roles of long-term care insurance and life insurance in estate planning, along with effective strategies to protect against inflation. Can't get enough of the Financial Quarterback? Click 'Subscribe' to ensure you never miss a play. New episodes touchdown right here! And if you're loving the playbook, drop us a 5-star rating and leave a review. Your feedback drives the game!

Airdate: 12/23/2023 In this episode, Josh Jalinski dives straight into a discussion on estate planning, emphasizing the importance of setting up Transfer on Death (TOD) accounts for a smoother transfer of assets to beneficiaries. He then addresses a listener's concern about the potential performance of the bond market, highlighting the advantages of having a trust in the current economic climate. The conversation moves to the intricacies of assigning beneficiaries in fidelity accounts and the significance of primary and contingent beneficiaries. Josh then tackles the impact of inflation on everyday expenses, providing a stark comparison of grocery prices from 1990 to the present. He then delves into the recent stock market rise, discussing the thriving annuity market in the U.S. and the complexities involved in annuity investments. Josh concludes by cautioning listeners about the hidden fees and tax implications of annuities, comparing their death benefits to those of life insurance, and advising a critical approach when considering annuities as part of a financial strategy. Can't get enough of the Financial Quarterback? Click 'Subscribe' to ensure you never miss a play. New episodes touchdown right here! And if you're loving the playbook, drop us a 5-star rating and leave a review. Your feedback drives the game!

In this bonus clip, Josh Jalinski delves into the financial intricacies of Shohei Ohtani's contract with the Dodgers. He clarifies that the net present value of Ohtani's contract is actually $337,000,000, contrary to the widely reported $700 million. Josh explains that this lower valuation was strategically calculated to protect the Dodgers from salary cap taxes. He also discusses the significant impact of taxes on Ohtani's earnings, suggesting that a lump sum payment upfront would have been more financially beneficial for Ohtani. Can't get enough of the Financial Quarterback? Click 'Subscribe' to ensure you never miss a play. New episodes touchdown right here! And if you're loving the playbook, drop us a 5-star rating and leave a review. Your feedback drives the game!

Airdate: 12/17/2023 In this episode, Josh discusses the potential impact of rate cuts on the economy, emphasizing the importance of the ten-year treasury rate and its effect on annuities, pensions, and mortgages. A caller's question leads Josh to analyze Shohei Otani's contract, debating its financial prudence in light of inflation. As the episode progresses, Josh fields questions from callers on various topics. He advises on the tax implications of cashing in U.S. savings bonds and navigates the complexities of Social Security spousal benefits. The conversation shifts to annuities, with Josh highlighting their increasing sales due to anticipated lower interest rates and their role in retirement planning. The episode wraps up with a discussion on McDonald's potential new drink-focused franchise, Cosmc's, and its market implications. Can't get enough of the Financial Quarterback? Click 'Subscribe' to ensure you never miss a play. New episodes touchdown right here! And if you're loving the playbook, drop us a 5-star rating and leave a review. Your feedback drives the game!

Airdate: 12/16/2023 In this episode, Josh starts by reading an email from an excited listener inquiring about necessary documents for an upcoming meeting. He then delves into the importance of long-term care planning and protecting oneself from financial exploitation. Josh takes calls from listeners, addressing a range of financial questions. A caller's question about the tax implications of cashing in U.S. savings bonds leads to a detailed discussion. Another listener asks about Social Security spousal benefits, prompting Josh to provide insights and suggest further analysis for informed decision-making. The episode wraps up with Josh discussing the value of annuities in retirement planning. He also touches on McDonald's potential launch of a new drink-focused franchise, Cosmix, aiming to compete with Starbucks and Dunkin'. Can't get enough of the Financial Quarterback? Click 'Subscribe' to ensure you never miss a play. New episodes touchdown right here! And if you're loving the playbook, drop us a 5-star rating and leave a review. Your feedback drives the game!

Airdate; 12/10/2023 In this episode, Josh starts by addressing the recent surges in Bitcoin and gold, linking these trends to the potential approval of Bitcoin ETFs and the current economic uncertainty. A caller then shifts the focus to retirement planning for 2024, prompting Josh to offer insights on maximizing retirement contributions and evaluating healthcare options. Another listener inquires about the health of their retirement plan. Josh responds by discussing key factors like passive income, effective tax rates, cash flow ratios, and asset allocation. The conversation takes a turn when a caller questions the criticism surrounding annuities. Josh addresses this by highlighting their benefits in retirement planning, particularly in protecting against market volatility and sequence of return risk. Later, Josh discusses Roth conversions and life insurance as strategies for estate planning, advising on the need to consider overall tax implications. Callers nearing retirement bring up Medicare and Social Security options, leading Josh to emphasize the importance of timing and strategic decision-making in these areas. The episode also touches on Professor Kotlikoff's statement on Social Security clawbacks, sparking a debate on the system's fairness. Josh concludes by responding to questions about gifting savings bonds, discussing their tax implications and the benefits of alternative gifting options like brokerage accounts. Can't get enough of the Financial Quarterback? Click 'Subscribe' to ensure you never miss a play. New episodes touchdown right here! And if you're loving the playbook, drop us a 5-star rating and leave a review. Your feedback drives the game!

Airdate: 12/09/2023 In this episode, Josh welcomes JJ the CPA, aka Joshua Jensen, to discuss essential year-end tax planning strategies. JJ, an expert in public accounting, highlights the advantages of investing in solar energy and electric vehicles, emphasizing the tax credits and deductions these investments offer. He underscores the importance of consulting a financial advisor, especially with the new opportunities presented by the Secure Act 2.0, which introduces a Roth component in retirement plans and offers tax credits for small businesses. The conversation shifts to the practical aspects of these investments, such as the deadlines for solar installation tax credits and the possibility of selling these credits. JJ also covers the complexities of electric vehicle tax credits, including the limitations on specific models and the impact of Section 179 depreciation for heavy vehicles. They delve into the nuances of business versus personal miles for tax deductions and the benefits of bonus depreciation. JJ and Josh also tackle the topic of retirement planning, discussing the Secure Act 2.0's implications and the mixed perceptions of 401k and retirement plans in the media. JJ passionately advocates for the misunderstood role of whole life insurance in tax planning, debunking myths and highlighting its potential as a stable investment. Can't get enough of the Financial Quarterback? Click 'Subscribe' to ensure you never miss a play. New episodes touchdown right here! And if you're loving the playbook, drop us a 5-star rating and leave a review. Your feedback drives the game!

Airdate: 12/03/2023 In this episode, Josh welcomes to the show Dr. Laurence Kotlikoff, a renowned Professor of Economics at Boston University and a New York Times best-selling author. They dive into the critical issues plaguing the Social Security system, focusing on the financial abuse and scams targeting vulnerable groups like disabled individuals, divorced spouses, and widows. Dr. Kotlikoff highlights the alarming practice of clawbacks, where Social Security demands repayment of overpaid benefits, and stresses the importance of using tools like his software, Maximize My Social Security, for accurate benefit assessment. The discussion also sheds light on Dr. Kotlikoff's newest book, which exposes the horrors and systemic failures of Social Security. They delve into examples of individuals unfairly losing benefits, the system's denial mentality, and the lack of accountability in handling clawbacks. Dr. Kotlikoff criticizes discriminatory practices within the system, especially against women, and discusses the need for legislative reform to address these deep-rooted issues. Throughout the episode, Josh and Dr. Kotlikoff explore the broader economic implications of Social Security's problems, including the potential for a Personal Security Account system as an alternative. They emphasize the role of financial advisors in protecting clients and the importance of government regulation in financial products. The conversation concludes with a strong call to action for listeners to advocate for change, highlighting the urgency of reforming the flawed Social Security system for a more secure financial future. Can't get enough of the Financial Quarterback? Click 'Subscribe' to ensure you never miss a play. New episodes touchdown right here! And if you're loving the playbook, drop us a 5-star rating and leave a review. Your feedback drives the game!

How does money really shape election outcomes? Josh breaks down the financials of the 2024 election, comparing Kamala Harris’s hefty campaign spending and debt with Donald Trump's cost-conscious approach. He dives into how candidates harnessed—or in some cases, missed—opportunities on social media and podcasts, transforming traditional campaigning. Then, in Extra Points, Josh looks into the story of how the satirical website The Onion acquired Alex Jones's Infowars domain—and why this unexpected twist has the internet talking. Plus, stick around until the end of the episode where Josh shares an important warning about the surging crypto market—and why buying in at the peak could be a costly mistake. Can’t get enough of The Financial Quarterback? Click 'Subscribe' to stay in the loop. Loving our game plan? Drop us a 5-star rating and share your thoughts in a review. Your feedback fuels the show!

(PART 2) Original Air Date 10-7-17 In this episode, Josh welcomes back renowned financial expert Robert Kiyosaki (author of "Rich Dad Poor Dad") for a riveting part two discussion on The Financial Quarterback. Kiyosaki delves into the significance of building a team of experts and the educational benefits of his cashflow game in mastering financial statements and investment strategies. The conversation also covers the impending market crash, the necessity of diverse investment advice, and the crucial role of real estate education before making investments. Kiyosaki concludes with insights on leveraging tax laws for entrepreneurial success, the security of investing in tangible assets like gold and silver, and the imperative of continuous learning in the dynamic financial world. Can't get enough of the Financial Quarterback? Click 'Subscribe' to ensure you never miss a play. New episodes touchdown right here! And if you're loving the playbook, drop us a 5-star rating and leave a review. Your feedback drives the game!

Airdate: 11/26/2023 In this episode, Josh leads a thought-provoking discussion with Jay Disberger, the notable caller from the viral Dave Ramsey video and host of the Hopeful Financial Podcast. They delve into the heated debate sparked by Ramsey's controversial 8% retirement withdrawal rate suggestion. Josh opens by critiquing Ramsey's assumption of a 12% return and counters with more conservative market return figures. As they dissect the risks associated with an 8% withdrawal rate, Jay shares his perspective on why he challenged Ramsey's views, emphasizing the financial perils of such a high rate. The conversation shifts to the more widely accepted 4% rule, with Jay advocating for this safer approach to retirement planning. They discuss the importance of considering factors like market variability, fees, and inflation in determining a safe withdrawal rate. Josh brings in insights from Vanguard studies on advisors and index funds, adding depth to their analysis of retirement income strategies. Throughout the episode, Josh and Jay also address the broader implications of financial advice from public figures like Ramsey. They explore the potential consequences of following overly optimistic financial projections and the importance of a nuanced, individualized approach to retirement savings. Can't get enough of the Financial Quarterback? Click 'Subscribe' to ensure you never miss a play. New episodes touchdown right here! And if you're loving the playbook, drop us a 5-star rating and leave a review. Your feedback drives the game!

In this bonus episode, Josh tackles Dave Ramsey's viral call about retirement savings, dissecting Ramsey's bold stance on withdrawal rates. Ramsey dismisses the traditional 4% rate as too conservative, advocating for an 8% rate, a figure he argues is more aligned with historical market performances and inflation. Josh critically examines Ramsey's methodology, especially his optimistic 12% return assumption, and contrasts this with more realistic average stock market returns. The debate heats up as Ramsey expresses his frustration with conventional financial projections and advises listeners to save a robust 15% of their income. Josh's insightful critique extends to Ramsey's perspectives on income growth over time and the broader financial industry. Can't get enough of the Financial Quarterback? Click 'Subscribe' to ensure you never miss a play. New episodes touchdown right here! And if you're loving the playbook, drop us a 5-star rating and leave a review. Your feedback drives the game!

Airdate: 11/25/2023 In this episode, Josh is joined by David McKnight, a renowned expert in tax-free retirement strategies and author of "The Power of Zero." They dissect a viral video featuring Dave Ramsey's controversial advice on retirement withdrawals. McKnight critiques Ramsey's one-size-fits-all approach, emphasizing the need for more nuanced and personalized financial planning. He highlights the flaws in Ramsey's strategies, particularly the risky 8% withdrawal rate and the oversimplified 4% rule. McKnight also advocates for the strategic use of permanent life insurance and annuities in retirement planning, stressing their importance in mitigating longevity risk and providing tax-free income.  Can't get enough of the Financial Quarterback? Click 'Subscribe' to ensure you never miss a play. New episodes touchdown right here! And if you're loving the playbook, drop us a 5-star rating and leave a review. Your feedback drives the game!

Original air date 10-7-17 In this episode, Josh Jalinski welcomes guest Robert Kiyosaki (author of "Rich Dad Poor Dad") to explore the themes of Kiyosaki's recent book, "Why the Rich Get Richer." They tackle the critical role of financial education, how the wealthy use debt and taxes to their advantage, and the importance of investing in hard assets like gold and silver. Kiyosaki challenges the traditional reliance on the stock market for wealth building, warns of an imminent economic crash, and emphasizes the need for independent thinking in financial decision-making. Can't get enough of the Financial Quarterback? Click 'Subscribe' to ensure you never miss a play. New episodes touchdown right here! And if you're loving the playbook, drop us a 5-star rating and leave a review. Your feedback drives the game!

Airdate: 11/18/2023 In this episode, Josh Jalinski and Medicare specialist Danielle Kunkle Roberts, a leading authority from Boomer Benefits and author of "10 Costly Medicare Mistakes You Can’t Afford to Make," dive into the complexities of Medicare. They discuss the critical open enrollment period, contrasting Medigap and Medicare Advantage plans, and unravel the often confusing Medicare plan alphabet. The conversation also touches on the shift from Plan F to the more advantageous Plan G, the nuances of enrolling in Medigap, and the upcoming changes to Medicare Part D in 2023. Danielle brings her expertise to the table, explaining how inflation impacts healthcare costs and Medicare premiums, and the significance of income-related adjustments on premiums. They also explore the strategic use of Health Savings Accounts (HSAs) for covering Medicare expenses and wrap up the episode with insights from Danielle's book, offering essential guidance on avoiding common Medicare mistakes. Can't get enough of the Financial Quarterback? Click 'Subscribe' to ensure you never miss a play. New episodes touchdown right here! And if you're loving the playbook, drop us a 5-star rating and leave a review. Your feedback drives the game!

Josh Jalinski hosts the formidable Kevin O'Leary, AKA Mr. Wonderful, to unpack his straightforward approach to investing and entrepreneurship. O'Leary, famed for his role on Shark Tank, advocates for unvarnished truth in business dealings and the strategic value of royalty deals. He shares his enthusiasm for dividend-paying stocks, crediting them for consistent market returns, and discusses how small-cap stocks stand to gain from the Trump tax cuts. Beyond investments, O'Leary is on a mission to elevate financial literacy with his Bean Stocks app, designed to demystify investing for novices with any budget. The episode moves from O'Leary's Shark Tank anecdotes and investment philosophies to personal finance tips, emphasizing the critical role of financial education in achieving long-term wealth. Can't get enough of the Financial Quarterback? Click 'Subscribe' to ensure you never miss a play. New episodes touchdown right here! And if you're loving the playbook, drop us a 5-star rating and leave a review. Your feedback drives the game!

Airdate: 11/11/2023 This week, Josh welcomes George Gammon, a seasoned entrepreneur turned macro investing guru, to share his personal finance journey. George starts by recounting his pivot to real estate on the heels of the 2012 market, taking cues from investment mogul Jim Rogers. The conversation then shifts to George's focus on macroeconomics, the launch of his Rebel Capitalist show, and the insights gained from the frenzy of Bitcoin and Clubhouse debates. They dissect the principles of buying low and selling high, the allure of real estate for passive income, and the meticulous timing of market entry and exit. George and Josh tackle the notion of a looming commodity supercycle, eyeing opportunities in coal, copper, and uranium, and the implications of an energy crisis on demand. The episode is packed with George's firsthand experiences, from selling properties to hosting Rebel Capitalist Live events, and culminates with a strategic discussion on risk-adjusted returns, the importance of cash flow, and the potential pitfalls in the banking system. Can't get enough of the Financial Quarterback? Click 'Subscribe' to ensure you never miss a play. New episodes touchdown right here! And if you're loving the playbook, drop us a 5-star rating and leave a review. Your feedback drives the game!

Original air date: 3-8-2015. In this episode from the vault, Josh welcomes Tony Robbins, renowned life strategist and bestselling author, to delve into the financial wisdom from his book "Money: Master the Game, Seven Simple Steps to Financial Freedom." Robbins demystifies intricate financial concepts, introducing listeners to asymmetrical investing's low-risk, high-reward approach, the security of annuities, and the tax advantages of life insurance. Throughout the discussion, Robbins underscores the significance of prioritizing income generation over mere asset accumulation and lays out a seven-step blueprint to financial prosperity. Can't get enough of the Financial Quarterback? Click 'Subscribe' to ensure you never miss a play. New episodes touchdown right here! And if you're loving the playbook, drop us a 5-star rating and leave a review. Your feedback drives the game!

Airdate: 11/05/2023 This week, Josh dives into the influence of interest rates on fixed annuities and offers guidance on optimizing a $1,000 windfall, whether it's through long-term investments, charitable contributions, or bolstering one's financial safety net. He also breaks down Tesla's latest earnings report, highlighting its strategic implications for the company's future direction. Throughout the episode, listeners chime in with their questions, prompting discussions on retirement planning nuances, the intricacies of 401(k) rollovers, and the tax considerations when transferring properties via trusts. Can't get enough of the Financial Quarterback? Click 'Subscribe' to ensure you never miss a play. New episodes touchdown right here! And if you're loving the playbook, drop us a 5-star rating and leave a review. Your feedback drives the game!

We’re live, and Josh is talking about the financial shifts of the week, unpacking how recent political upheavals could influence the markets. As firms like Goldman Sachs put out their forecasts, Josh shares his own take, using past data to make sense of it all. He also takes listener calls, exploring topics from the impact of the new presidential cabinet on economic policies to the role of Bitcoin in today’s financial landscape and strategies for protecting your retirement from unexpected tax hits. Original Air Date: November 17, 2024 Can't get enough of the Financial Quarterback? Click 'Subscribe' to never miss a play. Loving the playbook? Drop us a 5-star rating and share your thoughts in a review. Your feedback fuels the game plan!

Airdate: 11/04/2023 In this episode, Josh Jalinski evaluates the stock market's current trajectory, delves into the growing apprehension Americans have about repaying debt amidst rising inflation, and scrutinizes the ethical dilemmas of crowdfunding, particularly when used to offset the U.S.'s steep medical bills. He presents a 10-year checklist for those nearing retirement and speculates on AI's influence on retirement structures. Additionally, during a call-in segment, listeners voice their views on crowdfunding, discuss the merits of government bonds vs CDs, and explore strategies to minimize social security taxation. Can't get enough of the Financial Quarterback? Click 'Subscribe' to ensure you never miss a play. New episodes touchdown right here! And if you're loving the playbook, drop us a 5-star rating and leave a review. Your feedback drives the game!

Airdate: 10/29/2023 In this episode of The Financial Quarterback, Josh questions the assumption that retirees will be in a lower tax bracket and highlights potential future tax rate increases. He differentiates between SEP IRAs and qualified retirement plans, discussing their respective pros and cons. Josh also examines the choice retirees face between renting or owning a home, considering factors like home equity and housing expenses. The episode wraps up with a discussion on the impact of social security overpayments on beneficiaries. Can't get enough of the Financial Quarterback? Click 'Subscribe' to ensure you never miss a play. New episodes touchdown right here! And if you're loving the playbook, drop us a 5-star rating and leave a review. Your feedback drives the game!

Airdate: 10/28/2023 On today's show, Josh Jalinski is joined by Tom Wheelwright, tax expert and CEO of WealthAbility, for a detailed and practical exploration of tax strategy and financial privacy in the evolving economic landscape. Kicking off with a critical look at AI in the CPA space, the discussion progresses to evaluate the merits and drawbacks of using advanced technologies in accounting and tax planning. The duo dives into the implications and concerns stemming from the Corporate Transparency Act, providing insights into how it impacts trusts, beneficial owner disclosures, and overall financial privacy. The conversation then shifts towards strategic wealth-building, touching on the savvy use of assets, agricultural investments, and charitable deductions, with Tom providing actionable advice and real-life examples of maximizing wealth while minimizing tax liabilities. Can't get enough of the Financial Quarterback? Click 'Subscribe' to ensure you never miss a play. New episodes touchdown right here! And if you're loving the playbook, drop us a 5-star rating and leave a review. Your feedback drives the game!

Airdate: 10/22/2023 Josh busts pervasive retirement myths, starting with the often-misunderstood limitations of Social Security and Medicare, and the reality of post-retirement expenses. He then tackles the myth of guaranteed work longevity and the illusion of drastically reduced costs in retirement, followed by a crucial discussion on the necessity of diversified, savvy investing. Shifting gears, Josh addresses the financial and legal considerations for grandparents raising grandchildren, offering insights into available assistance and tax benefits. He wraps up by emphasizing the importance of regular financial check-ups, especially in the face of inflation and rising living costs, and explores why even six-figure salaries are no longer a surefire safeguard against living paycheck to paycheck. Can't get enough of the Financial Quarterback? Click 'Subscribe' to ensure you never miss a play. New episodes touchdown right here! And if you're loving the playbook, drop us a 5-star rating and leave a review. Your feedback drives the game!

Airdate: 10/15/2023 Josh kicks things off by unraveling the intricacies of Social Security's 2024 COLA, then swiftly moves into a critical analysis of how Medicare premium hikes could potentially offset COLA benefits for retirees, followed by a thorough exploration of the strategic decision-making involved in early versus late Social Security claiming. He then pivots to dissect the tax nuances of Roth IRA conversions, and wraps up by spotlighting the daunting financial vortex faced by workers juggling credit card debt, soaring college costs, and family financial obligations, all while weaving in practical advice and exploring how employers can step up to alleviate these financial burdens through supportive initiatives and programs. Can't get enough of the Financial Quarterback? Click 'Subscribe' to ensure you never miss a play. New episodes touchdown right here! And if you're loving the playbook, drop us a 5-star rating and leave a review. Your feedback drives the game!

Airdate: 10/08/2023 Josh kicks off the episode by presenting the Q1 2023 average IRA and 401k balances, illustrating a notable gap in retirement savings across the board. He advocates for a 15% income saving strategy, providing listeners with a tangible target for their retirement planning. The discussion then pivots to the importance of understanding and managing risk in investments, with a focus on balancing risk tolerance and capacity. Josh shares the top CD rates for 2023, offering insights into current investment opportunities. The latter part of the episode delves into smart spending habits, where Josh explores the potential downsides of bulk buying, DIY home projects, and navigating through insurance plan options. He emphasizes the importance of distinguishing between genuine needs and perceived savings, ensuring listeners can make informed financial decisions. Can't get enough of the Financial Quarterback? Click 'Subscribe' to ensure you never miss a play. New episodes touchdown right here! And if you're loving the playbook, drop us a 5-star rating and leave a review. Your feedback drives the game!

Airdate: 10/07/2023 Josh kicks things off by delving into the concept of creative destruction in capitalism, illustrating how companies that disrupt the status quo can be promising investment avenues. As he transitions into the live caller segment, he tackles a variety of questions, particularly around annuities, helping listeners understand their benefits and tax implications. A discussion on Individual Retirement Accounts (IRAs) follows, where Josh clears common confusions and offers tips to optimize them for long-term benefits. In the final segment, Josh discusses estate planning, where he shares practical advice on ensuring equal inheritances and thoughtful long-term planning.  Can't get enough of the Financial Quarterback? Click 'Subscribe' to ensure you never miss a play. New episodes touchdown right here! And if you're loving the playbook, drop us a 5-star rating and leave a review. Your feedback drives the game!

Airdate: 10/01/2023 Josh discusses a range of financial topics like retirement planning, investment strategies, and tax considerations. Josh emphasizes the importance of understanding one's risk profile and diversifying investments. He explores the idea of risk pooling in retirement income planning and talks about the benefits of lifetime annuities. The discussion moves forward as listeners ask questions about IRA contributions, inherited IRA distributions, and TSP loans. Josh also touches on the possibility of working into old age and how increasing life expectancy impacts retirement planning. The conversation takes a turn when a caller inquires about relocating for tax benefits, leading to a discussion about the financial advantages of moving to Delaware versus the emotional cost of being far from family. In the final segment, callers ask about the rules surrounding Required Minimum Distributions (RMDs) from retirement accounts. Can't get enough of the Financial Quarterback? Click 'Subscribe' to ensure you never miss a play. New episodes touchdown right here! And if you're loving the playbook, drop us a 5-star rating and leave a review. Your feedback drives the game!

Airdate: 09/30/2023 Josh dives into the advantages and drawbacks of different tax-exempt income sources such as Roth IRAs, municipal bonds, and permanent life insurance, emphasizing the value of building tax-exempt income for potential future tax hikes. He guides listeners on smart financing for expenses like home repairs by considering factors like interest rates and tax implications. When a listener asks about CD rates, Josh transitions to discuss concerns about stock market fluctuations and buying opportunities. The conversation takes a turn as a cautionary tale about long-term care insurance is shared by a caller, leading Josh to explain the options for long-term care insurance, especially in your 70s. He also offers advice on asset allocation for older individuals, stressing the importance of having an equity component to fight inflation. Can't get enough of the Financial Quarterback? Click 'Subscribe' to ensure you never miss a play. New episodes touchdown right here! And if you're loving the playbook, drop us a 5-star rating and leave a review. Your feedback drives the game!

Airdate: 09/24/2023 Josh dives into the necessity of tax planning in retirement, shedding light on the looming impact of shifting tax laws. He accentuates the importance of a flexible retirement distribution strategy to weather market volatility and adapt to lifestyle changes. By exploring tax diversification and employing tax-exempt income sources, Josh demonstrates how to substantially mitigate tax liabilities. He delves into utilizing tax deductions and credits like cost segregation studies and solar tax credits as potent tools to offset tax burdens. Callers contribute to the discussion with their worries about Medicaid and nursing home costs, and question the balance between Social Security and IRA for property investment. Through detailed breakdowns of strategic bracket management and generating tax-exempt income, Josh provides a robust roadmap for attaining a tax-efficient retirement. Can't get enough of the Financial Quarterback? Click 'Subscribe' to ensure you never miss a play. New episodes touchdown right here! And if you're loving the playbook, drop us a 5-star rating and leave a review. Your feedback drives the game!

Ever wondered how sports gambling stacks up against traditional investing when it comes to your financial future? Josh breaks it all down, exploring the skyrocketing popularity of sports betting since the Supreme Court’s 2018 ruling. He dives into the legal and financial landscape that’s made gambling a trillion-dollar industry and reveals the dangers that lie beneath the thrill of high-stakes wagers. Josh offers a sobering yet balanced view of the impact sports gambling can have on savings and long-term financial goals, warning of its potential to drain wealth rather than build it. He champions responsible betting practices and explains why informed investing—like choosing index funds over gambling—is a more secure path to lasting wealth. From examining the societal effects of online betting to offering savvy tips for keeping finances on track, Josh invites you to think beyond the rush of placing bets and prioritize your financial well-being. Can't get enough of the Financial Quarterback? Click 'Subscribe' to never miss a play. New episodes touchdown right here! Loving the playbook? Drop us a 5-star rating and share your thoughts in a review. Your feedback fuels the game plan!

Airdate: 09/23/2023 Dive in with Josh as he first tackles the ripple effects of the IRS's recent decision to delay 401k catch-up contributions. For high earners, this shift could be a game-changer. What's next on the horizon? As many inch closer to retirement, Josh lays out a comprehensive blueprint, starting with the nuances of selecting the ideal health insurance and then transitioning into strategic investment shifts crucial for the pre-retirement phase. The episode heats up with a spirited debate on the pros and cons of paperless tax filing. Listen in as a concerned caller shares firsthand hesitations about the digital evolution. Then, a timely detour into the world of Social Security as another listener grapples with the perennial question: when is the optimal time to claim benefits? Rounding off, Josh spotlights the top 10 rapidly escalating expenses that older Americans should have on their radar. Can't get enough of the Financial Quarterback? Click 'Subscribe' to ensure you never miss a play. New episodes touchdown right here! And if you're loving the playbook, drop us a 5-star rating and leave a review. Your feedback drives the game!

In this episode, Josh delves into the IRS's delay on 401k catch-up contributions and what it means for high earners. As retirement approaches, he outlines key steps, from health insurance to investment strategy shifts. The hot topic of paperless tax filing is debated, with a caller sharing firsthand concerns. Another listener poses a pressing question about the optimal time to take Social Security benefits. Then, Josh highlights the top 10 fastest-growing costs for older Americans. Can't get enough of the Financial Quarterback? Click 'Subscribe' to ensure you never miss a play. New episodes touchdown right here! And if you're loving the playbook, drop us a 5-star rating and leave a review. Your feedback drives the game!

Airdate: 09/09/2023 Josh starts by talking about some of the biggest headlines in the finance world this week: Larry Fink, CEO of BlackRock Investing, said he'll no longer use the buzzword "ESG" (Environmental, Social, and Governance) investing. Then he shares guidance on estate planning for couples, and how to stay out of poverty in retirement. Can't get enough of the Financial Quarterback? Click 'Subscribe' to ensure you never miss a play. New episodes touchdown right here! And if you're loving the playbook, drop us a 5-star rating and leave a review. Your feedback drives the game!

Airdate: 09/02/2023 A listener asks Josh about his perspective on the wind farms in New Jersey, and their impact on whales. Another listener wants to know who to tip — the letter carrier? Uber driver? — and how much to give. Josh also receives a question about a new bill that impacts seniors on social security, and their taxes. Can't get enough of the Financial Quarterback? Click 'Subscribe' to ensure you never miss a play. New episodes touchdown right here! And if you're loving the playbook, drop us a 5-star rating and leave a review. Your feedback drives the game!

Airdate: 08/27/2023 Josh talks about new rules from the IRA, and how they impact retirement planning. He also talks about stagflation, and what it could mean for a portfolio. Then he answers listener questions including: I'm 71 years old. At what age do I have to start taking the minimum required distribution from the Roth IRA? When should you sell, in the dividend reinvestment program (DRIP)? When a minor inherits your Roth, do they have to pay taxes, or spend the money within a certain amount of time? How should one invest in oil? Can't get enough of the Financial Quarterback? Click 'Subscribe' to ensure you never miss a play. New episodes touchdown right here! And if you're loving the playbook, drop us a 5-star rating and leave a review. Your feedback drives the game!

Airdate: 08/26/2023 Josh starts by talking about the legal battles Tesla is facing. Then he answers listener questions including one from a 75-year-old who asks, how do you shift your mindset from accumulating wealth throughout your lifetime, to spending and having fun in your golden years? Another listener asks: should I pay off my college debt with my 401(k) plan? Also, what's the best rate you could get for a fixed annuity from an insurance company? Can't get enough of the Financial Quarterback? Click 'Subscribe' to ensure you never miss a play. New episodes touchdown right here! And if you're loving the playbook, drop us a 5-star rating and leave a review. Your feedback drives the game!

Airdate: 08/20/2023 Josh was just awarded one of Forbes "America's Top Financial Security Professionals 2023", for the third year in a row (ever since the award was created). Then he covers a few different stories, including: What can we make of the recent rate hikes? How has COVID changed retirement expectations? And, the mistake that parents are making when it comes to their children's financial independence. Can't get enough of the Financial Quarterback? Click 'Subscribe' to ensure you never miss a play. New episodes touchdown right here! And if you're loving the playbook, drop us a 5-star rating and leave a review. Your feedback drives the game!

Airdate: 08/19/2023 Josh is joined by fan favorite Economist Professor Laurence J. Kotlikoff, Professor of Economics at Boston University, and best selling author of Get What's Yours and Money Magic. Together they the reality of the current economic market and the reality of a recession. Plus, did the Fed pull of the soft landing or is the current market valuation a mirage? Also, are parent plus student loans worth the debt tidal wave post graduation? And the importance of knowing what your social security pay out should be, to avoid being under or over paid. Can't get enough of the Financial Quarterback? Click 'Subscribe' to ensure you never miss a play. New episodes touchdown right here! And if you're loving the playbook, drop us a 5-star rating and leave a review. Your feedback drives the game!

Airdate: 08/13/2023 In this part two on Tax-loss harvesting, Josh continues to discuss the strategy of selling a winning stock against a bad stock, and some of the issues that can complicate this. Then he answers listener questions, including: Is it wise to invest in tobacco farming? How can we prepare for the digital dollar? Can't get enough of the Financial Quarterback? Click 'Subscribe' to ensure you never miss a play. New episodes touchdown right here! And if you're loving the playbook, drop us a 5-star rating and leave a review. Your feedback drives the game!

Airdate: 08/12/2023 Josh offers his perspective on how to plan during volatility. Then he answers listener questions live, including: how should investors respond to the top stocks in the Nasdaq reshuffling? Is it better to hold index funds as mutual funds, or as ETFs? Can't get enough of the Financial Quarterback? Click 'Subscribe' to ensure you never miss a play. New episodes touchdown right here! And if you're loving the playbook, drop us a 5-star rating and leave a review. Your feedback drives the game!

Original Air Date: July 15, 2023 Ever wondered how to future-proof your finances in an economy with rising taxes and the gig economy booming? In this episode from The Financial Quarterback Radio Show Archives, Josh sits down with Edward Collins, an influential figure in wealth management and business strategy. From an early career in the United States Department of Justice to founding a multi-state financial planning practice and co-creating Uplevel, a platform designed to empower entrepreneurs, his strategies are helpful for business owners today. As more people pivot to entrepreneurship and face evolving tax regulations, Collins’s expertise in reducing tax liabilities and maximizing cash flow is more important than ever. Josh and Edward dive into a lively discussion about the challenges and opportunities of today’s financial landscape. Edward opens up about his shift from government work to building a successful wealth management business, revealing key lessons on structuring your finances for optimal tax efficiency. The conversation takes a turn as they break down why focusing on free cash flow rather than income is essential, especially in the evolving gig and freelance economy. Edward also shares his insights on how entrepreneurs can use social media to grow their brand and create value-driven content, all while protecting their assets through strategic entity formation. Can't get enough of the Financial Quarterback? Click 'Subscribe' to never miss a play. New episodes touchdown right here! Loving the playbook? Drop us a 5-star rating and share your thoughts in a review. Your feedback fuels the game plan!

Airdate: 08/06/2023 Josh starts out by reflecting on whether the seven-year market cycle has changed. Then he talks about what Tax-loss harvesting is, and when he might recommend it to a client as part of their financial planning strategy. Next, he answers listener questions live, including: how will the Ukraine war, and the election, cause a recession? When you're in your 70s and risk-averse, but still want to invest, how much should you put in the stock market vs. other places? Can't get enough of the Financial Quarterback? Click 'Subscribe' to ensure you never miss a play. New episodes touchdown right here! And if you're loving the playbook, drop us a 5-star rating and leave a review. Your feedback drives the game!

Airdate: 07/29/2023 Josh starts by sharing his unfiltered perspective on the companies who said they would leave Russia as a result of the war in Ukraine, but haven't. Then he answers listener questions including: can you retire on dividend paying stocks? And if so, what's a reasonable level of dividend-paying stock to go for? Lastly, are we headed for a recession? Or are we panicking unnecessarily? Can't get enough of the Financial Quarterback? Click 'Subscribe' to ensure you never miss a play. New episodes touchdown right here! And if you're loving the playbook, drop us a 5-star rating and leave a review. Your feedback drives the game!

Airdate: 07/23/2023 Josh is joined by Tax Expert in IRS procedure and advocate of taxpayer rights, Dan Pilla - Tax Litigation Consultant and Author. Josh and Dan do a deep dive on how to navigate the incredibly complex world of tax litigation. With more than 40 years of experience helping people solve their IRS problems Dan doles out the strategies he advises small business owners to use when fighting for their rights in audits with the IRS. Plus, tips on how small business owners can protect themselves and ensure they don't get hit with an audit or fine. Can't get enough of the Financial Quarterback? Click 'Subscribe' to ensure you never miss a play. New episodes touchdown right here! And if you're loving the playbook, drop us a 5-star rating and leave a review. Your feedback drives the game!