What are the important things to do to get ready for retirement? Bob recommends that people look at those things you can control and take them into consideration such as how long you want to work and how much money do you spend.
If you own your own company, when should you get the company ready for sale?
Should you take social security when you are eligible at 62? If you are in your early 60s and plan to work until you are 70, there is an income reduction to your social security benefit depending on how much you make. The longer you wait to take a benefit, the more you get annually.
In a long term perspective, international investments are important to have in a diversified portfolio. However, investing needs to be done unemotionally and over the long term.
Banks are starting to lend money again but at a slow pace? If the economy is in recovery, why are they lending at a slow pace?
What is a 1031 Exchange and how can you use it to avoid capital gains taxes? In this case, the question involves a commercial building what are his options if you want to sell.
If you bought a house at the peak of the market and have lost value but now you want to move, can you turn your home into an investment property by renting it out and selling it later when the market returns?
Bob and Michael Whitman discuss disability insurance.
A listener question asks: My employer pays for me to get 60% of my pay if I’m disabled. I figure that is OK as social security disability benefits should make up the difference. Is this logic sound? The answer is no. Hear why.
Michael Whitman, RKG Financial’s life, disability and long term care insurance specialist, shares his expertise on long term care insurance and how it benefits those who need it.
Michael Whitman shares his expertise life insurance and what you need to consider before you invest and some of the mistakes that have been made.
In addition, with people living longer, there are new scenarios that need to be considered.
Listen to Bob live on his weekly radio show every Wednesday at 11:00 a.m. on WCRN AM 830.
Or listen to excerpts from the show via the RKG Financial blog.