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The Jeff Motske Show

Welcome to The Jeff Motske Show. This is a show designed to teach the average person how to get their financial house in order from a financial planner’s perspective. Jeff has been a certified financial planner for 29 years and is currently the CEO of Trilogy Financial Services with offices all over Southern California as well as Denver Colorado.
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Now displaying: 2016
Nov 1, 2016

Welcome to Declare Your Financial Independence with Jeff Motske.    If this is your first time tuning in this is a show designed to teach the average person to get their financial house in order from a financial planner’s perspective.  

Jeff started the show out by discussing “Your Financial House”.  This is where he asks listeners to visualize the different building blocks of a stable financial financial house starting from the foundation all the way to the roof. 

He also discussed:

The Most Important Estate Planning Issue Boomers Need To Address

By the year 2050, it is estimated that 1 out of every 5 Americans will be over the age of 65, with people aged 85+ the fastest growing demographic in the nation. The good news is that people are living longer, even with chronic diseases that used to lead to early death. 

The challenge is that this requires different planning than the traditional practice of simply having a power of attorney in place to help in case of incapacity and making sure the will is up-to-date to include the intended heirs. As this demographic continues to grow, so will instances of fraud and financial abuse of seniors. As approximately 3.5 million Baby Boomers enter retirement each year, the time to make sure your estate planning documents protect you or your parents from fraud and abuse is now. In fact, experts recommend making the bulk of these major financial decisions by age 50.

The big issue here is that when most estate plans are created, particularly with married couples, both spouses are of very sound mind and the natural inclination is simply to name each other as agents in case of incapacity. This is fine, but it’s important to make sure that there are contingent situations addressed as well. For example, what happens if they divorce? 

 

Oct 27, 2016

Welcome to Declare Your Financial Independence with Jeff Motske.    If this is your first time tuning in this is a show designed to teach the average person to get their financial house in order from a financial planner’s perspective.  

Jeff started the show out by discussing “Your Financial House”.  This is where he asks listeners to visualize the different building blocks of a stable financial financial house starting from the foundation all the way to the roof. 

He also discussed:

(Annual Retirement Confidence Survey)

According to the recently released Retirement Confidence Survey, published annually by the Employee Benefit Research Institute (EBRI), the percentage of workers very confident about having enough money for a comfortable retirement increased from 13 percent in 2013 to 22 percent in 2015, and leveled off at 21 percent in 2016.

Confidence among retirees was even stronger than their working counterparts. Those who felt very confident that they had enough money for a comfortable retirement stood at 39 percent in 2016, more than double the confidence level of 2013, when it was only 18 percent.

Religion and Estate Planning

Oct 16, 2016

Welcome to Declare Your Financial Independence with Jeff Motske.    If this is your first time tuning in this is a show designed to teach the average person to get their financial house in order from a financial planner’s perspective.  

Jeff started the show out by discussing “Your Financial House”.  This is where he asks listeners to visualize the different building blocks of a stable financial financial house starting from the foundation all the way to the roof. 

He also discussed:

The Incredible Expense of Letting Your Children Play Sports

Jeff and Kimber tackle the difficult topic of whether it's worth paying to allow your children to play club sports.  On the one hand, they may learn a lot, help their application to college and hopefully have fun.  The bad news?  It costs around 15 thousand dollars a year per sport per child.  Yikes!

Oct 10, 2016

Welcome to Declare Your Financial Independence with Jeff Motske.    If this is your first time tuning in this is a show designed to teach the average person to get their financial house in order from a financial planner’s perspective.  

Jeff started the show out by discussing “Your Financial House”.  This is where he asks listeners to visualize the different building blocks of a stable financial financial house starting from the foundation all the way to the roof. 

He also discussed:

A Clinton or Trump Presidency May Be a Boon for Building ETF’s

Clinton and Trump both agree on ramping up fiscal spending to restore the country's aging infrastructure. No matter who comes out ahead on election day, investors may win with infrastructure-related exchange traded funds.

Clinton has outlined a plan that would raise federal spending on public projects by $275 billion over a five-year period and construct a national infrastructure bank that would run an expanded Build America Bonds program.

According to Trump’s book, “Crippled America: How to Make America Great Again,” the Republican runner has called for a “trillion-dollar rebuilding program” that will be “one of the biggest projects this country has ever undertaken.”

In the final segment Jeff and relationship counselor Kimber Holdaway talked about Financial Compatibility.  This is such an important topic to Jeff because statistically, finances and infidelity are the top two reasons that marriages end in divorce.  This is an opportunity to provide tips to avoid the arguments that result from poor communicating regarding money.

Oct 3, 2016

Welcome to Declare Your Financial Independence with Jeff Motske.    If this is your first time tuning in this is a show designed to teach the average person to get their financial house in order from a financial planner’s perspective.  

Jeff started the show out by discussing “Your Financial House”.  This is where he asks listeners to visualize the different building blocks of a stable financial financial house starting from the foundation all the way to the roof. 

He also discussed:

How To Talk With Your Adult Kids About Their Inheritance

There’s a 70 percent failure rate when transferring family wealth from one generation to another, a loss of control of assets through mismanagement and poor investments. Many of these failures occur because families don’t do enough to prepare their heirs for the hand-off.

One of the most common conflicts among family members arises when they are probating an estate that hasn’t been previously discussed.

Regardless of whether all the children will get exactly the same inheritance, if they know in advance what the will says, the parents can reduce anxiety in an already stressful situation.

What you should tell your adult children about your estate ought to be guided by your family’s values. The most contentious aspects of settling an estate can be the distribution of things like Mom’s diamond engagement ring, Dad’s collection of abstract expressionist artwork or Great-Grandma’s gold-plated china. This is just as true for items that aren’t worth much money, but have a great deal of sentimental value. When you have this conversation, give each child a chance to talk about his or her favorite items and come to an agreement about how everything will be divided up.

As a rule, when it comes to family wealth, it’s best to treat your children equally in your will. If one is incapacitated in some way or has special needs, like autism, you may want to provide additional financial assistance through a special needs trust, an insurance policy or a larger portion of the estate.

In the final segment Jeff and relationship counselor Kimber Holdaway talked about Financial Compatibility.  This is such an important topic to Jeff because statistically, finances and infidelity are the top two reasons that marriages end in divorce.  This is an opportunity to provide tips to avoid the arguments that result from poor communicating regarding money.

 

 

Sep 26, 2016

Welcome to Declare Your Financial Independence with Jeff Motske.    If this is your first time tuning in this is a show designed to teach the average person to get their financial house in order from a financial planner’s perspective.  

Jeff started the show out by discussing “Your Financial House”.  This is where he asks listeners to visualize the different building blocks of a stable financial financial house starting from the foundation all the way to the roof. 

He also discussed:

10 Things You Didn’t Know Life Insurance Can Do

  1. Pay for long-term care expenses. Whether the coverage comes as a rider or a specialty policy, using long-term care benefits typically reduces the amount of the death benefit. While there is an extra cost for adding long-term care coverage to a life insurance policy, it can be more cost-effective than buying two plans. It can also be a good choice for people who want long-term care insurance, but aren't sure if they will need it.
  1. Provide benefits if you're terminally ill. Known as living benefits, this perk comes standard on many term and whole life policies. The details vary by plan, but living benefit provisions generally allow those with a life expectancy of 12 months or less to receive a portion of their death benefit in advance.
  1. A source of cash if you're disabled.Policyholders don't have to be dying to get their death benefit early from some insurers. Many plans offer chronic illness or critical illness riders that may pay out funds if a person becomes disabled or experiences a heart attack, stroke or invasive cancer, among other things. These options can provide a vital safety net to people who are unable to work and have mounting medical bills.
  1. Give one last gift to a favorite charity.You could leave the money in your savings account as a bequest to an organization, or you could use some of that cash to buy life insurance and give substantially more. Depending on the policy, your age and health, you may be able to turn small monthly premiums into a large donation.

In the final segment Jeff and relationship counselor Kimber Holdaway talked about Financial Compatibility.  This is such an important topic to Jeff because statistically, finances and infidelity are the top two reasons that marriages end in divorce.  This is an opportunity to provide tips to avoid the arguments that result from poor communicating regarding money.

Sep 26, 2016

Welcome to Declare Your Financial Independence with Jeff Motske.    If this is your first time tuning in this is a show designed to teach the average person to get their financial house in order from a financial planner’s perspective.  

Jeff started the show out by discussing “Your Financial House”.  This is where he asks listeners to visualize the different building blocks of a stable financial financial house starting from the foundation all the way to the roof. 

He also discussed:

Evaluating Your Financial Health with Life Insurance Benefits

For the majority of consumers, their only life insurance is from a group plan provided by their employer. Depending on an individual family’s needs, supplemental life insurance can build on the employer-provided life insurance benefit, and helps employers give their employees the future financial security their employees need.

Ask these questions when purchasing life insurance:

  • How much will your family need to meet current needs?
    • How much will burial services cost?
    • Do you have a mortgage?
    • Do you have outstanding debts?
  • How much will your family need in the future?
    • Is your spouse working? Will they continue to work?
    • How many children do you have?
    • Will your children have future education expenses?

How To Talk With Your Adult Kids About Their Inheritance

There’s a 70 percent failure rate when transferring family wealth from one generation to another, a loss of control of assets through mismanagement and poor investments. Many of these failures occur because families don’t do enough to prepare their heirs for the hand-off.

In the final segment Jeff and relationship counselor Kimber Holdaway talked about Financial Compatibility.  This is such an important topic to Jeff because statistically, finances and infidelity are the top two reasons that marriages end in divorce.  This is an opportunity to provide tips to avoid the arguments that result from poor communicating regarding money.

 

Sep 12, 2016

Welcome to Declare Your Financial Independence with Jeff Motske.    If this is your first time tuning in this is a show designed to teach the average person to get their financial house in order from a financial planner’s perspective.  

Jeff started the show out by discussing “Your Financial House”.  This is where he asks listeners to visualize the different building blocks of a stable financial financial house starting from the foundation all the way to the roof. 

He also discussed:

What Gene Wilder's death can teach you about estate planning

Gene Wilder, who died Monday at age 83 from complications due to Alzheimer's disease, kept his illness hidden from most people for at least three years. Most Alzheimer's sufferers hide symptoms for as long as possible out of fear they'll lose control of their own lives if their family or friends think they can no longer take care of the things they've always handled.

Investors should work with their financial advisers to take steps to protect their finances from the impact of debilitating conditions like Alzheimer's disease and other cognitive impairments before there are changes in their behavior or attitude. In part because dementia and Alzheimer's are so prevalent among the elderly, fraudsters often target older individuals because they can be more easily cajoled into turning over funds or compromising their personal information.

In the final segment Jeff and relationship counselor Kimber Holdaway talked about Financial Compatibility.  This is such an important topic to Jeff because statistically, finances and infidelity are the top two reasons that marriages end in divorce.  This is an opportunity to provide tips to avoid the arguments that result from poor communicating regarding money.

Sep 6, 2016

Welcome to Declare Your Financial Independence with Jeff Motske.    If this is your first time tuning in this is a show designed to teach the average person to get their financial house in order from a financial planner’s perspective.  

Jeff started the show out by discussing “Your Financial House”.  This is where he asks listeners to visualize the different building blocks of a stable financial financial house starting from the foundation all the way to the roof. 

He also discussed:

Understanding Jobs Data and What It Means For You

  • Fed Chair Janet Yellen put the market on notice that she'd like to raise rates, which means the payrolls data out on Friday is very important. The wage component, length of the workweek and types of jobs, all are crucial in order to extrapolate to inflation.
  • The August jobs report is expected to show the U.S. economy created 180,000 jobs this month after rising by 255,000 in July, according to a Reuters poll. The forecast is for the unemployment rate to dip one-tenth of a percentage point to 4.8 percent.
  • Other data investors will be looking carefully at include personal consumption on Monday, consumer confidence on Tuesday, and car sales and factory activity on Thursday.
  • Almost a decade of ultra-low interest rates has helped propel stock prices to record highs, even as the economy expands at a lukewarm rate and U.S. struggle with over a year of declining earnings.

WHAT DISTINGUISHES A GOOD ESTATE PLAN FROM A BAD ONE?

In the final segment Jeff and relationship counselor Kimber Holdaway talked about Financial Compatibility.  This is such an important topic to Jeff because statistically, finances and infidelity are the top two reasons that marriages end in divorce.  This is an opportunity to provide tips to avoid the arguments that result from poor communicating regarding money.

Aug 29, 2016

Welcome to Declare Your Financial Independence with Jeff Motske.    If this is your first time tuning in this is a show designed to teach the average person to get their financial house in order from a financial planner’s perspective.  

Jeff started the show out by discussing “Your Financial House”.  This is where he asks listeners to visualize the different building blocks of a stable financial financial house starting from the foundation all the way to the roof. 

He also discussed:

The Portfolio Checklist

  • Make sure your portfolio is correct for your age and risk tolerance
  • Know what you are paying for and WHY!!!!
  • Have a strategy that Reviews and rebalance your broadly diversified portfolio
  • Understand how taxes and distributions will work in your portfolio
  • Review your portfolio with your husband and/or wife 2 to 3 times a year.

WHAT DISTINGUISHES A GOOD ESTATE PLAN FROM A BAD ONE?

In the final segment Jeff and relationship counselor Kimber Holdaway talked about Financial Compatibility.  This is such an important topic to Jeff because statistically, finances and infidelity are the top two reasons that marriages end in divorce.  This is an opportunity to provide tips to avoid the arguments that result from poor communicating regarding money.

Aug 22, 2016

Welcome to Declare Your Financial Independence with Jeff Motske.    If this is your first time tuning in this is a show designed to teach the average person to get their financial house in order from a financial planner’s perspective.  

Jeff started the show out by discussing “Your Financial House”.  This is where he asks listeners to visualize the different building blocks of a stable financial financial house starting from the foundation all the way to the roof. 

He also discussed:

A record 60 million adult Americans live with their parents or grandparents

  • Percentage of Americans living in multigenerational households grew from 12 per cent in 1980 to 19 per cent in 2014
  • Another Pew Research Center study found that for millennials ages 18 to 34, living at home with parents became the most common arrangement in 2014 for the first time in 130 years.

The First Thing You Must Do When Your Divorce Is Final

If your marriage ends you should immediately take steps to ensure your interests are protected and your estate plan reflects your new marital status.

In the final segment Jeff and relationship counselor Kimber Holdaway talked about Financial Compatibility.  This is such an important topic to Jeff because statistically, finances and infidelity are the top two reasons that marriages end in divorce.  This is an opportunity to provide tips to avoid the arguments that result from poor communicating regarding money.

Aug 15, 2016

Welcome to Declare Your Financial Independence with Jeff Motske.    If this is your first time tuning in this is a show designed to teach the average person to get their financial house in order from a financial planner’s perspective.  

Jeff started the show out by discussing “Your Financial House”.  This is where he asks listeners to visualize the different building blocks of a stable financial financial house starting from the foundation all the way to the roof. 

He also discussed:

Blended Families: The Estate Planning Questions You Need to Ask

42 % of adults now have some kind of step-relationship. In a blended family situation, there are more opportunities to get it wrong, and the stakes are often higher. Ensuring your assets are distributed to a current spouse and not an ex, or that your children and stepchildren are treated according to your wishes is paramount in your planning.

Who takes care of the kids if one parent dies—the surviving spouse or the natural parent? Which assets belong to which spouse?

In the final segment Jeff and relationship counselor Kimber Holdaway talked about Financial Compatibility.  This is such an important topic to Jeff because statistically, finances and infidelity are the top two reasons that marriages end in divorce.  This is an opportunity to provide tips to avoid the arguments that result from poor communicating regarding money.

Aug 8, 2016

Welcome to Declare Your Financial Independence with Jeff Motske.    If this is your first time tuning in this is a show designed to teach the average person to get their financial house in order from a financial planner’s perspective.  

Jeff started the show out by discussing “Your Financial House”.  This is where he asks listeners to visualize the different building blocks of a stable financial financial house starting from the foundation all the way to the roof. 

He also discussed:

While US experienced Inflation of 1.95% per year since 2005, many career jobs went down in annual pay.

Bureau of Labor Statistics -

Jobs That Pay Way Less Than They Used To

  1. Industrial Organizational Psychologists 2005 income $109K in 2015 is $92K
  2. Chiropractors – 2005 - $100K vs 2015 - $78K
  3. Locomotive Engineers – 2005 - $73K vs 2015 - $59K
  4. Office Equipment Repair – 2005 - $46K vs 2015 - $39K
  5. Seamstress – 2005 - $41K vs. 2015 - $26K

Jobs That Pay Way More Than They Used To

  1. Genetic Counselor – 2005 - $48K vs. 2015 - $75K
  2. Judicial Law Clerks – 2005 - $45K vs. 2015 - $60K
  3. Benefits Manager – 2005 - $93K vs. 2015 - $122K
  4. Petroleum Engineers – 2005 - $118K – 2015 - $150K
  5. Film and Video Editors 2005 - $80K – 2015 - $93K

Estate Planning Questions to ask Yourself that you may not think of

In the final segment Jeff and relationship counselor Kimber Holdaway talked about Financial Compatibility.  This is such an important topic to Jeff because statistically, finances and infidelity are the top two reasons that marriages end in divorce.  This is an opportunity to provide tips to avoid the arguments that result from poor communicating regarding money.

Aug 1, 2016

Welcome to Declare Your Financial Independence with Jeff Motske.    If this is your first time tuning in this is a show designed to teach the average person to get their financial house in order from a financial planner’s perspective.  

Jeff started the show out by discussing “Your Financial House”.  This is where he asks listeners to visualize the different building blocks of a stable financial financial house starting from the foundation all the way to the roof. 

He also discussed:

U.K. financial services firms will retain rights in EU - Johnson

http://finance.yahoo.com/news/british-financial-services-firms-win-191848540.html

British Foreign Secretary Boris Johnson said on Friday he expects the U.K. to retain the right for its financial firms to sell services across European Union member states after Britain's exit from the bloc.

One main concern that remains is whether Britain's financial services sector will keep its so-called "passporting" rights.

Passporting is a lynchpin feature of the EU's single market, especially for banks, as it allows firms to provide services to clients across the EU. The loss of it for U.K.-based firms could cripple London's standing as a global financial center.

Johnson told reporters that he had received reassurances from companies, including banks, drug makers and manufacturers, that Britain remained "very much part" of their global business footprint, although they expressed concern over the uncertainty ahead over how the U.K. government negotiates its separation from the EU.

Estate Planning Nightmare Story

In the final segment Jeff and relationship counselor Kimber Holdaway talked about Financial Compatibility.  This is such an important topic to Jeff because statistically, finances and infidelity are the top two reasons that marriages end in divorce.  This is an opportunity to provide tips to avoid the arguments that result from poor communicating regarding money.

Jul 25, 2016

Welcome to Declare Your Financial Independence with Jeff Motske.    If this is your first time tuning in this is a show designed to teach the average person to get their financial house in order from a financial planner’s perspective.  

Jeff started the show out by discussing “Your Financial House”.  This is where he asks listeners to visualize the different building blocks of a stable financial financial house starting from the foundation all the way to the roof. 

He also discussed:

College costs are out of control 

A college education is now the second-largest expense an individual is likely to make in a lifetime right after purchasing a home. Ironically, one of the reasons the price tag continues to climb is the abundance of loan dollars that discourages schools from keeping their costs in line.

Aid such as the income-based federal Pell grants covered 34 percent of college costs in 2015-16, up from 30 percent in the previous school year.

The second-highest proportion came from parent income and savings, which averaged $6,867, or 29 percent of total spending on college, followed by borrowed money, which covered 20 percent of college expenses in 2015-16. 

In the 3rd segment Jeff brought on Attorney Mark Lewis to talk about:

Estate Planning Horror Stories From the Real World

This week’s story involves a young woman who died prematurely from cancer.  When first diagnosed with cancer, she decided to prepare her own Will. She actually succeeded in preparing a “legal Will”, which complied with all of the witnessing formalities required by Florida law and which named her brother as the personal representative of the estate.    Unfortunately, without having been counseled on important legal issues, her “legal” Will has created many problems for her family.

In the final segment Jeff and relationship counselor Kimber Holdaway talked about Financial Compatibility.  This is such an important topic to Jeff because statistically, finances and infidelity are the top two reasons that marriages end in divorce.  This is an opportunity to provide tips to avoid the arguments that result from poor communicating regarding money.

Jul 18, 2016

Welcome to Declare Your Financial Independence with Jeff Motske.    If this is your first time tuning in this is a show designed to teach the average person to get their financial house in order from a financial planner’s perspective.  

Jeff started the show out by discussing “Your Financial House”.  This is where he asks listeners to visualize the different building blocks of a stable financial financial house starting from the foundation all the way to the roof. 

He also discussed:

Chart watchers diverge on outlook for stocks

Wall Street pros who analyze charts and price patterns to figure out where the stock market is headed next are divided on what the future holds for U.S. stocks: some see trouble ahead while others insist the market is still strong and on track to make record highs sometime in 2016.

In an effort to weed out pure opinion and speculation, USA TODAY turned to "technical analysts".

In the 3rd segment Jeff brought on Attorney Mark Lewis to talk about:

Estate Planning Horror Stories

In the final segment Jeff and relationship counselor Kimber Holdaway talked about Financial Compatibility.  This is such an important topic to Jeff because statistically, finances and infidelity are the top two reasons that marriages end in divorce.  This is an opportunity to provide tips to avoid the arguments that result from poor communicating regarding money.

Jul 11, 2016

Welcome to Declare Your Financial Independence with Jeff Motske.    If this is your first time tuning in this is a show designed to teach the average person to get their financial house in order from a financial planner’s perspective.  

Jeff started the show out by discussing “Your Financial House”.  This is where he asks listeners to visualize the different building blocks of a stable financial financial house starting from the foundation all the way to the roof. 

He also discussed:

How to Super-Fund a Roth IRA

As of 2016, people can contribute up to $18,000 annually to these plans—or $24,000 annually for those over age 50—to defer taxes until this money is withdrawn in retirement.

The IRS ruled in late 2014 that a person's after-tax contributions can now be rolled directly into a Roth IRA and avoid tricky tax issues. In other words, you can effectively "super-fund" a Roth IRA once you leave your employer.

In the 3rd segment Jeff brought on Attorney Mark Lewis to talk about:

Family Feud! 6 Stories Of Problematic Estate Planning

In the final segment Jeff and relationship counselor Kimber Holdaway talked about Financial Compatibility.  This is such an important topic to Jeff because statistically, finances and infidelity are the top two reasons that marriages end in divorce.  This is an opportunity to provide tips to avoid the arguments that result from poor communicating regarding money.

Jun 27, 2016

Welcome to Declare Your Financial Independence with Jeff Motske.    If this is your first time tuning in this is a show designed to teach the average person to get their financial house in order from a financial planner’s perspective.  

Jeff started the show out by discussing “Your Financial House”.  This is where he asks listeners to visualize the different building blocks of a stable financial financial house starting from the foundation all the way to the roof. 

He also discussed:

10 Alternatives to Full-Time Retirement

In the second segment Jeff tackled listener questions.  Here are some examples:

  1. Subject: Getting close to retirement. I’m about 6 years away from retirement and I’m not sure we can take care of him at home, nor can we afford to put him in a home. What do we do?
  2. Subject: Taking care of my father.  My mom passed away and my father can’t live alone. I’m not sure we can take care of him at home, nor can we afford to put him in a home. What do we do?

In the 3rd segment Jeff brought on Attorney Mark Lewis to talk about:

Muhammad Ali leaves behind a tangled family legacy – and finances

In the final segment Jeff and relationship counselor Kimber Holdaway talked about Financial Compatibility.  This is such an important topic to Jeff because statistically, finances and infidelity are the top two reasons that marriages end in divorce.  This is an opportunity to provide tips to avoid the arguments that result from poor communicating regarding money.

Jun 20, 2016

Welcome to Declare Your Financial Independence with Jeff Motske.    If this is your first time tuning in this is a show designed to teach the average person to get their financial house in order from a financial planner’s perspective.  

Jeff started the show out by discussing “Your Financial House”.  This is where he asks listeners to visualize the different building blocks of a stable financial financial house starting from the foundation all the way to the roof. 

He also discussed:

How to Manage Your Summer Spending Wisely

In the second segment Jeff tackled listener questions.  Here are some examples:

  1. Subject: I had a bad experience. I’ve been to a retirement seminar before and all they tried to do was sell me products. It was not very informative at all and I left feeling like I wasted my time. What happens at your seminars?
  1. Subject: School loans & Debt. I recently graduated with a law degree and about 78K in debt. I also have about 11K in credit card debt. I took a job at a firm with a salary of 115K and would like to buy a house or condo, but I’ve got all that debt. What’s the right thing to do here?

In the 3rd segment Jeff brought on Attorney Mark Lewis to talk about:

B.B. King's Estate War: 15 Kids, 15 Moms and a "Totally Haywire" Fight

In the final segment Jeff and relationship counselor Kimber Holdaway talked about Financial Compatibility.  This is such an important topic to Jeff because statistically, finances and infidelity are the top two reasons that marriages end in divorce.  This is an opportunity to provide tips to avoid the arguments that result from poor communicating regarding money.

Jun 13, 2016

Welcome to Declare Your Financial Independence with Jeff Motske.    If this is your first time tuning in this is a show designed to teach the average person to get their financial house in order from a financial planner’s perspective.  

Jeff started the show out by discussing “Your Financial House”.  This is where he asks listeners to visualize the different building blocks of a stable financial financial house starting from the foundation all the way to the roof. 

He also discussed:

Five Critical Retirement Moves All Women Should Make Now

In the second segment Jeff tackled listener questions.  Here are some examples:

  1. Subject: I had a bad experience.  I’ve been to a retirement seminar before and all they tried to do was sell me products. It was not very informative at all and I left feeling like I wasted my time. What happens at your seminars?
  1. Subject: Credit Card Debt.  I got an offer for a 0% intro interest offer for 12 months. Should I use this card to pay off my high interest card that has a little over $7K?
  1. Subject: Getting Divorced.  My wife and I are separated and possibly getting a divorce. We have no children, but as far as assets we have our home, 2 rental properties, a 3rd that was mine before we got married and a retirement account. Do you know how the assets will be split and what happens with the investments?

In the 3rd segment Jeff brought on Attorney Mark Lewis to talk about:

ESTATE PLANNING HORROR STORIES

In the final segment Jeff and relationship counselor Kimber Holdaway talked about Financial Compatibility.  This is such an important topic to Jeff because statistically, finances and infidelity are the top two reasons that marriages end in divorce.  This is an opportunity to provide tips to avoid the arguments that result from poor communicating regarding money.

1