Talking Money: Recent Episodes
Mike Miller
Probate Judge Debora Faulkner joins Mike to discuss how the Probate Court helps advocate for adults who cannot advocate for the themselves. Plus, Judge Faulkner reviews the process survivors need to follow when settling an estate.
Stephen Piper of Piper Insurance Group joins Mike to answer insurance questions: How does inflation affect home and auto insurance? What are some ways to save when you add a teenage driver? Is there a way to report insurance companies not paying what is due? How do you make sure you have enough coverage? What […]
Mike shares a recent podcast from Ronald Blue Trust where Nick Stonestreet and Brian McClard discuss the current economic landscape, why the market is struggling, how international events are affecting investors, what may lie ahead, and how this may affect you. He then shares a few thoughts about the interview.
Mike is joined by David Garrigan, CFP®. David works as a financial planner for the Everyday Steward division of Ronald Blue Trust out of the Greenville office. Mike and David discuss what kind of client the Everyday Steward division helps, what services they offer, and how someone could give a gift of a financial plan.
Highlights from show originally aired April 9, 2022 What is the importance of researching the companies you are investing in or the firms you are using to invest for you? Beware those who show you past performances and promise the same future returns. Ask where they invested 5, 10, 15 years ago. Remember: no one […]
Highlights from show originally aired April 2, 2022 What is a stock? What is a bond? How do they work? Stocks: what they are and how they work. Stockholder owns part of the company. Stocks are sold at an auction, so the price does not reflect the value of the company. Your money doesn’t actually […]
Highlights from show originally aired March 26, 2022 Do you know your risk tolerance? Mike looks at several questions, and your answers may surprise you. “Risk doesn’t bother me as long as I don’t lose anything.” “Overrating past performance is the most common mistake mutual fund investors make. Giving inadequate weight to risk, however you […]
Mike takes the show on the road to the Miracle Hill Kids’ Ninja Challenge. Yolanda shared some updates on how the even went and how it benefits Miracle Hill. Mike also took the opportunity to interview a couple of participants in the challenge: his grandson Dawson as well as Henry, the second place fundraiser winner. […]
Mike answers some recent listener questions including: I would like to give money to my kids and help myself on my taxes at the same time. How can I do that? I have several stocks that were purchased at a good price. I would like to sell, but don’t want to pay a lot in […]
Mike discusses more questions surrounding IRAs including: When should you consider moving from a traditional to a ROTH IRA? What are some advantages of keeping things in a traditional IRA? What about conversion assets? What are the tax rules for a ROTH? What are the earnings rules? What is the five year rule and how […]
Mike answers questions about IRA rules, including: What are your plans in case something happens to you? What are the different kinds of IRAs and what are their different contribution limits? What about a non-deductible IRA? What kind of contributions should you be making? What is the back door ROTH IRA? How does your tax […]
In this episode, Mike looks at the latest economic review from Ronald Blue Trust. He also discusses several other points: Can you solve your financial problems by winning the lottery? Market fluctuations aren’t a punishment for being an investor, they are the admission fees. Wealth is financial assets that haven’t been converted into the assets […]
Is your financial advisor working for you? What are some questions you can ask to make the best choice on someone to help with your finances? Mike looks at some of these questions: Is your advisor really an advisor or a salesperson? What are their credentials and experience? What should a financial planner offer? Does […]
Highlights from show originally aired on March 5, 2022. Eddie Holland joins Mike again to discuss more about Social Security and Medicare. They answer a number of listener questions, including: Why might you delay taking Social Security? What about taking it early? How would the survivor benefit play into that consideration? Is there any penalty […]
Highlights from the show originally aired February 26, 2022. Eddie Holland, CFP®, CPA/PFS, CKA®, joins Mike to discuss Social Security. They answer the following questions: If I’m going to collect social security and continue working, how do they calculate the amount taken out for social security and when do they look at that? How much […]
Mike is joined by clients Sandy and Karen McCormick who share their stories of financial lessons they learned throughout life. They also share their philosophies of spending and saving. Sandy and Karen then share the experience they have had as Ronald Blue Trust clients in the Everyday Steward division.
In The Way to Wealth, Benjamin Franklin gave some sage financial advice, even on how to control living expenses. He also gave timeless advice regarding avoiding debt. Mike talks about some of those pieces of advice as well as answering a listener question about the recent interest rate increase and ideas about how to help […]
In 1785, Benjamin Franklin wrote an essay entitled “The Way to Wealth or Father Abraham’s Sermon.” It is a collection of phrases of wisdom and advice that are still applicable today. Phrases like: A word to the wise is enough. Lost time is never found again. Drive thy business, let not that drive thee. Early […]
Highlights from the show originally aired February 19, 2022 Tim Guin of USA Truck joins Mike again to answer more listener questions and shares some of his story. How do trucking companies try to mitigate risk of high dollar law suits? What equipment is on semi trucks to help prevent accidents? How has the chip […]
Highlights from the show originally aired February 5, 2022 What is the supply chain shortage all about? Tim Guin, CCO and Executive Vice President of USA Truck, joins Mike to discuss the ins and outs of the trucking and shipping industry. We see so many trucks on the road, but hear about a driver shortage. What […]
Mike answers a number of questions related to the current market volatility and general investing: Is it still safe to invest in the stock market? Is it less risky to invest now? Are there any particular sectors or stocks to consider investing in? How should an investor react to the ups and downs in the […]
Alan Cox, Director of Estate/Trust Planning and Estate Settlement at Ronald Blue Trust, joins Mike to answer several listener questions: How does the age of death affect the beneficiary’s claiming requirements? What if no beneficiary was named? Is there still a 10 year rule? Does the age of the beneficiary matter?
What is the bucket approach to retirement planning? How do you adjust for inflation? How can you determine your personal inflation rate? What factors come into play? Which bucket should I focus on? What are some different vehicles we use for income? What are some other ways to try to retain income security in retirement?
Erik Daniels, Executive Vice President and Family Wealth Advisor for Ronald Blue Trust, joins Mike to discuss financial lessons he has learned throughout life. He also talks about how he met Ron Blue and got involved in the company at the very beginning of its existence. They discuss some of these questions and ideas: What […]
Highlights from show originally aired January 15, 2022 Mike is joined by Nick Stonestreet, CEO of Ronald Blue Trust. They discuss a “Mission Accomplished” story shared recently by a radio listener. A caller asks a question about inflation and where that may be headed, and Nick and Mike share their opinions on that. They also […]
Highlights from show originally aired January 8, 2022. In this episode, Mike looks back on some past listener questions that still get asked frequently today: When exactly do I need to start taking my required minimum distribution (RMD)? What is the best way to take that RMD? Has the age requirement changed? How does the […]
What is the importance of researching the companies you are investing in or the firms you are using to invest for you? Beware those who show you past performances and promise the same future returns. Ask where they invested 5, 10, 15 years ago. Remember: no one can accurately predict the market! Make a plan […]
What is a stock? What is a bond? How do they work? Stocks: what they are and how they work. Stockholder owns part of the company. Stocks are sold at an auction, so the price does not reflect the value of the company. Your money doesn’t actually go to the company. Bonds: you are investing […]
Do you know your risk tolerance? Mike looks at several questions, and your answers may surprise you. Due to a general market correction, the price of one of your investments decreases 14% a short time after you buy it, what would you do? Sell it, so you don’t have to worry about if it continues […]
Bob Ward, estate and tax planning attorney with offices in Vancouver and Maryland, joins Mike to discuss various aspects of estate planning, especially as it relates to taxes. How does the tax system affect estate planning? What is the gift and estate tax exemption? What is a trust and how does it impact estate planning? […]
Mark Elam, Senior Investment Strategist at Ronald Blue Trust, joins Mike to discuss various market concerns from the Ukraine crisis to inflation. What is the difference between and CD and a treasury bond, bill, or note? Inflation: we see it everywhere. How high will it go? How long will it last? What should I do? […]
Eddie Holland joins Mike again to discuss more about Social Security and Medicare. They answer a number of listener questions, including: Why might you delay taking Social Security? What about taking it early? How would the survivor benefit play into that consideration? Is there any penalty for someone who has not yet reached full retirement […]
Eddie Holland, CFP®, CPA/PFS, CKA®, joins Mike to discuss Social Security. They answer the following questions: If I’m going to collect social security and continue working, how do they calculate the amount taken out for social security and when do they look at that? How much of your social security will be considered as taxable […]
Tim Guin of USA Truck joins Mike again to answer more listener questions and shares some of his story. How do trucking companies try to mitigate risk of high dollar law suits? What equipment is on semi trucks to help prevent accidents? How has the chip shortage affected the trucking industry? What is the drug […]
Highlights from show originally aired December 4, 2021 What does the Bible say about money? John Dodd, Senior Private Wealth Advisor in the Nashville office of Ronald Blue Trust, joins Mike to discuss how you can develop a biblical relationship with money. Money is a tool God gives us to grow His kingdom. It is […]
What is the supply chain shortage all about? Tim Guin, CCO and Executive Vice President of USA Truck, joins Mike to discuss the ins and outs of the trucking and shipping industry. We see so many trucks on the road, but hear about a driver shortage. What explains this? What is the Amazon effect? California […]
Highlights from show originally aired November 6, 2021 Mark Elam, Senior Investment Strategist at Ronald Blue Trust, joins Mike to discuss some important considerations to think about regarding your investments. They answer four listener questions: Is it hard to create my own portfolio of stocks, ETFs, and Mutual Funds? Is there a significant difference between […]
In this episode of Talking Money, Mike answers questions related to tax planning and more: Can you itemize deductions? What are the different thresholds for being able to itemize? What is “bunching deductions” and how does that work? What about using a donor advised fund for charitable giving? Why doesn’t it work to put municipal […]
Mike is joined by Nick Stonestreet, CEO of Ronald Blue Trust. They discuss a “Mission Accomplished” story shared recently by a radio listener. A caller asks a question about inflation and where that may be headed, and Nick and Mike share their opinions on that. They also discuss some ideas for how to weather financial […]
In this episode, Mike looks back on some past listener questions that still get asked frequently today: When exactly do I need to start taking my required minimum distribution (RMD)? What is the best way to take that RMD? Has the age requirement changed? How does the qualified charitable distribution (QCD) work? Is there a […]
Highlights from show aired October 9, 2021 Mike is joined by his cousin Tim Van Dam and Tim’s wife, Martha, who also happen to be Ronald Blue Trust clients. Tim and Martha share a little bit of their backgrounds and how the Greenville office of Ronald Blue Trust has helped them on their financial journey.
Highlights from show aired December 19, 2020 Scott Clark, CFP®, CKA®, joins Mike to discuss the Everyday Steward division of Ronald Blue Trust. They discuss the importance of having a financial plan, having your estate in order, and making sure you are truly diversified in your investments. A special offer for our listeners! For $500 […]
Greenville County Probate Judge Debora Faulkner joins Mike to discuss how South Carolina probate laws work in divorce situations. Does the law assume you want your ex-spouse to get anything upon your death? If you are getting or have been divorced, have you changed all your documentation to accurately reflect what assets you would like […]
What does the Bible say about money? John Dodd, Senior Private Wealth Advisor in the Nashville office of Ronald Blue Trust, joins Mike to discuss how you can develop a biblical relationship with money. Money is a tool God gives us to grow His kingdom. It is not a source of contentment or a measure […]
Highlights from show aired August 21, 2021 Mike unpacks some of the confusing world of IRAs. A listener recently asked a question about transferring an IRA from a deceased family member to multiple family members. What are some of the tax considerations and implications for transferring an IRA? What is a step up in basis? […]
Alan Cox, Head of Estate/Trust Planning and Estate Settlement at Ronald Blue Trust, joins Mike to discuss some pending legislation as well as some tax strategies you can implement this year. There are different provisions provided by the CARES Act, not only for those who itemize, but also for those who can’t itemize deductions. Talk […]
Mike broadcasted live from the Miracle Hill Turkey Fry Donation Drop-off event. Yolanda Campusano joins in to discuss the Turkey Fry event. For the past 15 years, Miracle Hill has partnered with the Ellis and Bradley show on WSSL as well as several other organizations to make sure the homeless and less fortunate in our […]
Mark Elam, Senior Investment Strategist at Ronald Blue Trust, joins Mike to discuss some important considerations to think about regarding your investments. They answer four listener questions: Is it hard to create my own portfolio of stocks, ETFs, and Mutual Funds? Is there a significant difference between owning a grouping of bond funds or owning […]
Highlights from show aired June 26, 2021 Mike is joined by Eddie Holland, Ronald Blue Trust advisor, and Hayden Ericks, Ronald Blue Trust intern, to discuss what makes Ronald Blue Trust so different. Some of what makes us different than most other financial planning firms: Our core philosophy is: “Helping Christians free up resources for […]
Mike discusses questions and issues around things that are on the table in Congress that could change how you handle your IRA: The back door Roth conversion elimination: What is the back door Roth conversion and how does it work? Who would be affected by this policy change? Roth conversions for those with an income […]
Mike takes a look into the world of beneficiaries and answers some common questions: What takes priority: what your Will says or how beneficiaries are named in the various contracts? Per stirpes: what is it and how does it keep your assets in your family? (for more information on per stirpes, read this Blog post. […]
Mike is joined by his cousin Tim Van Dam and Tim’s wife, Martha, who also happen to be Ronald Blue Trust clients. Tim and Martha share a little bit of their backgrounds and how the Greenville office of Ronald Blue Trust has helped them on their financial journey.
This week, Mike discusses a listener question regarding taking money out of an IRA to pay off a mortgage: tax considerations longevity of being in the house; ROI consider your risk tolerance He then continues with some other IRA strategies and considerations: Other reasons to take money from IRA Use caution if someone wants you […]
Fraudsters come in many varieties. We must be vigilant to protect our assets and potentially the assets of others. Mike is joined by Carl Francois, SVP and Bank Security Act and Fraud Officer for Southern First Bank, to discuss tricks we all need to be aware of. Scams can come from email, text, social media, […]
Highlights from show aired June 19, 2021 Eddie Holland, CFP®, CPA, CKA® joins Mike to discuss six common Social Security mistakes that the Wall Street Journal outlined in a recent article: Worrying about dying too young Waiting too long to claim Not working because of the earnings limit Not filing for widow’s or widower’s benefits […]
Mike discusses this recent article from the Ronald Blue Trust quarterly newsletter. He talks about the values his parents instilled in him and tells some stories of his growing up years as examples. He discusses the questions: How much should I leave to my children? Should I give inheritance money to my children while I […]
Highlights from show aired May 15, 2021 Mike discusses a recent survey put out by the American College of Financial Services regarding retirement literacy. How aware are you of different scenarios of retirement? Are you really retirement literate? You can take the quiz here. (Hint: Mike gives several of the answers in this episode, so listen […]
Listen to several stories of how God has used Miracle Hill in the lives of several staff members. Sarah grew up in Greenville but never really knew what Miracle Hill was until she needed it. She benefited from both the Shepherd’s Gate shelter and Renewal program and now works full time for Miracle Hill. Katie […]
Mike unpacks some of the confusing world of IRAs. A listener recently asked a question about transferring an IRA from a deceased family member to multiple family members. What are some of the tax considerations and implications for transferring an IRA? What is a step up in basis? Does an IRA get a step up […]
Yolanda Campusano, Communications Officer for Miracle Hill Ministries, joins Mike to discuss their upcoming fundraising event: the Kids Ninja Challenge. She first shares her story of how she came to work for Miracle Hill, and then they explain a little bit about how involved the board members are in the ministry. They spend the rest […]
This week, Mike discusses whether or not a retiree should get out of the stock market. There are many concerns to think about, including: Do you have a pension plan? If you have an annuity, what issues should you consider? Could you possibly have a long-term care event before you pass? There are two different […]
Before diving in to inflation, Mike offers some advice on shopping for a financial advisor: questions to ask and resources to use to check the portfolio they are showing you Mike then answers questions regarding inflation, such as: How has inflation affected things like buying a car? How does inflation affect investments? Your lifestyle? Typically, […]
Do you think more money will solve all your problems? Mike looks at an example from the life of Bill Gross, debunking this myth. What is going on with inflation and all the spending the government is doing? Was the recent plunge in the market just an extreme overreaction to the Delta variant? Mike looks […]
Highlights from show aired April 10, 2021 Dan Glaze, National Relationship Manager at the National Christian Foundation, joins Mike to discuss the many benefits being generous with what God has given you. Is giving via your estate plan really sacrificial giving? What exactly is a donor advised fund? Are there giving and tax strategies you […]
Highlights from show aired March 27, 2021 There are many things to consider when looking at all the options for retirement. Many annuity salespeople make glittering promises, but are the products really all they say? Some questions you should ask before signing up: • What happens if you withdraw before you turn 59.5? Are there […]
Highlights from show aired March 20, 2021 Ron Blue, the founder of Ronald Blue Trust and author of several books on biblical financial management discusses his background as a CPA and what led him to start Ron Blue & Co, which eventually became Ronald Blue Trust. He also discusses some of the financial advice and […]
Highlights from show aired February 27, 2021 John Dodd, a Senior Private Wealth Advisor in Ronald Blue Trust’s Nashville, TN office, joins Mike to discuss how someone’s philosophy of money affects their day to day financial decisions. They discuss some ideas such as: Money has gravity: the more you have, the more force it exerts […]
Mike is joined by Eddie Holland, Ronald Blue Trust advisor, and Hayden Ericks, Ronald Blue Trust intern, to discuss what makes Ronald Blue Trust so different. Some of what makes us different than most other financial planning firms: Our core philosophy is: “Helping Christians free up resources for the fulfilment of the Great Commission.” Our […]
Eddie Holland, CFP®, CPA, CKA® joins Mike to discuss six common Social Security mistakes that the Wall Street Journal outlined in a recent article: Worrying about dying too young Waiting too long to claim Not working because of the earnings limit Not filing for widow’s or widower’s benefits Getting divorced and remarried (at the wrong […]
Mike continues his discussion of setting up beneficiaries on your various accounts. Remember that beneficiary designations will take priority over anything named in your will. Don’t unknowingly disinherit your grandkids: a helpful tool for this is using per stirpes language. Is there a danger to naming only one child as the beneficiary and trusting them […]
Beneficiary designations may sound simple, but can actually be quite complex, especially when you start thinking of all the different possible scenarios: Are you sure your money will go where you want it to? When was the last time you looked at the beneficiary designations on all your accounts? How can naming beneficiaries help you […]
Highlights from show aired February 20, 2021 Don Christensen, EVP of the Professional Athlete Division of Ronald Blue Trust, joins Mike to share his background and discuss the challenges specific to working with professional athletes: What are some differences between working with professional athletes versus people in other careers? Why is it important to have […]
Is the economy recovering from the effects of the COVID pandemic? Mark Elam, Senior Investment Strategist at Ronald Blue Trust, joins Mike to look at this issue from a variety of viewpoints. They answer questions such as: Has the economy started recovering already? How robust could the recovery be? Is inflation staying and increasing or […]
After taking some time to answer some tax questions from last week, Mike discusses a recent survey put out by the American College of Financial Services regarding retirement literacy. How aware are you of different scenarios of retirement? Are you really retirement literate? You can take the quiz here. (Hint: Mike gives several of the answers […]
As the extended income tax deadline draws near, Mike looks at some strategies you can use to potentially adjust your taxes from 2020. Are you aware of the different IRA rules? How does contributing to a retirement account affect taxes? If you contribute now, does it benefit last year’s taxes or this years? Are you […]
Mike continues his discussion of a recent Wall Street Journal Article asking if you are emotionally ready for retirement. Some more questions to ask yourself: Would I like to go part time or should I just quit “cold turkey”? Do I have things to fill my time like hobbies or volunteering? Do I have friends […]
Are you emotionally ready for retirement? Mike looks at a recent Wall Street Journal article that proposes 8 questions you need to ask yourself. In this episode, he looks at the first three: On Sunday evening, how do you feel about work on Monday? Do you feel dread or anticipation? Have you thought carefully about […]
Mike reviews the most recent Economic Review and Outlook from Ronald Blue Trust. He discusses various market bubbles throughout history and whether or not the market is currently in a bubble environment. He also shares some thoughts on the life and schemes of Bernie Madoff who passed away earlier this week.
Dan Glaze, National Relationship Manager at the National Christian Foundation, joins Mike to discuss the many benefits being generous with what God has given you. Is giving via your estate plan really sacrificial giving? What exactly is a donor advised fund? Are there giving and tax strategies you can implement when selling your business? Do […]
Highlights from show aired February 6, 2021 Mike discusses the importance of being grounded in your faith so you don’t become overcome with fear in troublesome times. He also discusses the recent article from the Wall Street Journal, “15 Personal-Finance Lessons We Can All Learn From the Year of Covid-19.” He covers: How to financially […]
There are many things to consider when looking at all the options for retirement. Many annuity salespeople make glittering promises, but are the products really all they say? Some questions you should ask before signing up: • What happens if you withdraw before you turn 59.5? Are there surrender charges? Taxes? • What is the […]
Mike interviews Ron Blue, the founder of Ronald Blue Trust and author of several books on biblical financial management. They discuss Ron’s background as a CPA and what led him to start Ron Blue & Co, that eventually became Ronald Blue Trust. They also discuss some of the financial advice and wisdom they have gleaned […]
Highlights from show aired January 23, 2021 Mark Elam, Senior Investment Strategist at Ronald Blue Trust, joins Mike to discuss how projected policies of the new administration may affect our economy. Questions answered include: How does the makeup of congress affect the economy? Does all of this stimulus money drive inflation up? It seems the […]
Highlights from show aired September 19, 2020 Bart Bryant, professional golfer, joins Mike to discuss golf, the “behind the scenes” of the PGA Tour, and what it was like to have Tiger Woods be your runner up! They also talk about things Bart has learned about money–from the importance of generosity to the value of […]
John Dodd, Sr. Private Wealth Advisor in Ronald Blue Trust’s Nashville, TN office, joins Mike to discuss how someone’s philosophy of money affects their day to day financial decisions. They discuss some ideas such as: Money has gravity: the more you have, the more force it exerts on you. Money has power: it promises what […]
Don Christensen, EVP of the Professional Athlete Division of Ronald Blue Trust, joins Mike to share his background and discuss the challenges specific to working with professional athletes: What are some differences between working with professional athletes versus people in other careers? Why is it important to have a trusted financial advisor, regardless of your […]
Mike answers recently submitted listener questions. He then finishes discussing the recent article from the Wall Street Journal, “15 Personal-Finance Lessons We Can All Learn From the Year of Covid-19.” He covers: You need a will. How your personal finances reflect your values. The importance of flexibility in you retirement plans. Things won’t always be […]
Mike discusses the importance of being grounded in your faith so you don’t become overcome with fear in troublesome times. He also discusses the recent article from the Wall Street Journal, “15 Personal-Finance Lessons We Can All Learn From the Year of Covid-19.” He covers: How to financially prepare for inevitable emergencies Creating financial discipline […]
Highlights from show aired December 19, 2020 Scott Clark, CFP®, CKA®, joins Mike to discuss the Everyday Steward division of Ronald Blue Trust. They discuss the importance of having a financial plan, having your estate in order, and making sure you are truly diversified in your investments. A special offer for our listeners! For $500 […]
Mark Elam, Senior Investment Strategist at Ronald Blue Trust, joins Mike to discuss how projected policies of the new administration may affect our economy. Questions answered include: How does the makeup of congress affect the economy? Does all of this stimulus money drive inflation up? It seems the US Dollar is getting weaker in the […]
Alan Cox, CPA, CKA, Director of Estate/Trust Planning and Estate Settlement at Ronald Blue Trust joins Mike to discuss some of the ins and outs of the latest Coronavirus relief package. modifications to charitable contribution limitations, including above the line deductions for non-itemizers relief checks and their calculations: information on how you can figure out […]
On this episode of Talking Money, Mike answers a variety of listener submitted questions: I have a life insurance policy my parents purchased for me when I was a child. I would like to cash it in to buy some property. How will that affect my taxes? Do I need an estate planner? What professionals […]
Highlights from show aired June 6, 2020 Is it a good idea to leave specific dollar amounts to my beneficiaries? How do special needs children factor into my estate plan? Mike answers these listener questions and more about estate planning.
Highlights from show aired May 30, 2020 Estate Planning covers a wide range of documents and details. Will your loved ones know how to access your important documents and the funds necessary to take care of your final expenses? Should you hire an estate planning attorney? Is it better to hold your assets in Joint […]
Scott Clark, CFP®, CKA®, joins Mike to discuss the Everyday Steward division of Ronald Blue Trust. They discuss the importance of having a financial plan, having your estate in order, and making sure you are truly diversified in your investments. Mike ends by reading this holiday greeting from Nick Stonestreet, CEO of Ronald Blue Trust. […]
In this episode, Mike answers a variety of listener questions: What about helping the homeless veterans or other people out begging on the roadside? My mutual fund has some Puerto Rican funds in it. Should I be concerned? Should I trade out of that fund? Should I look at transferring some of my employee stock […]
Mike discusses the biggest thing we all need to be ready for. He also answers listener questions about mutual funds and how the election and potential future shut downs could affect the market. He shares some positive words from the investment team of Ronald Blue Trust.
Highlights from show aired June 27, 2020 How can I help my kids visualize the value of a dollar? How can I teach my children the value of giving? What are some ideas to teach my kids about using money wisely? On this episode of Talking Money, Mike and special guest Dan Grover explore some […]
Highlights from show aired June 20, 2020 Should I help my struggling family member financially? How do I know if I am actually helping or hurting them? Dan Grover, CFP® professional and senior private wealth advisor at Ronald Blue Trust in Charlotte, joins Mike to discuss considerations when helping others financially. The document “Financial […]
Is there anything you can be doing now to save some on your taxes when you file next year? Why is it important to look at these strategies? Mike is joined by Justin Meade, CFP®, CRPC®, CKA®, to discuss some strategies you may want to consider at the end of the year to maximize your […]
Mike answers a number of listener questions, including: I am getting an inheritance/life insurance claim, what is a good way to invest that money? What are some options when transferring from a CD that is maturing? What are my options in emerging markets? Can I invest in those without being heavily invested in China or another […]
How “Independent” is your Independent financial adviser? Do they really have your best interest at heart? Mike discusses the good and potentially bad of being an independent adviser; plus a review of the new Code of Ethics from the CFP® Board of Standards. He also looks at some questions you should not be afraid to […]
Do you know your financial finish line? What is a financial finish line? Why is knowing this even important? How does knowing your financial finish line help you be more generous with the resources God has blessed you with? Mike answers these questions and discusses ways you can be generous with your money and time. […]
After a quick recap of last week’s show and a brief discussion of private investments (private equity, private credit, real assets and hedge funds ), Mike discusses questions you should ask your financial advisor or any financial advisor you are thinking about hiring: What is their continuity plan? What happens to your money if something […]
Will the upcoming election affect my stock investments? How will COVID continue to affect my investments? Should I sell everything and get into cash to “wait things out”? These questions are asked frequently these days. Wouldn’t it be easier if someone could accurately predict the future of the market? Unfortunately, no one can accurately predict […]
Have you thought about who will handle your estate when you pass? Have you communicated to that person where your important information is? Do they know where to find information about bank accounts, investments, and insurance policies? Are there valuable items you want to pass to a specific person? Do you have special requests for […]
Have you thought about who will handle your estate when you pass? Have you communicated to that person where your important information is? Do they know where to find information about bank accounts, investments, and insurance policies? Are there valuable items you want to pass to a specific person? Do you have special requests for […]
Bart Bryant, professional golfer, joins Mike to discuss golf, the “behind the scenes” of the PGA Tour, and what it was like to have Tiger Woods be your runner up! They also talk about things Bart has learned about money–from the importance of generosity to the value of having a like-minded financial advisor. Video […]
Is that free Social Security analysis I saw advertised really as good as it sounds? Free sounds too good to be true! What about the spousal benefit for Social Security? How does that work? What are the implications of drawing before full retirement age? Eddie Holland, CPA, CFP®, CKA®, and Social Security expert, joins Mike […]
Applying for Medicare can be a complicated process. Eddie Holland, CPA, CFP®, CKA®, and Social Security expert, joins Mike to discuss the different types of Medicare, how Medicare can affect your HSA eligibility, when to apply for Medicare, penalties for filing late for Medicare, and potential exemptions from filing for Medicare. They also answer several […]
“I saw this great ad the other day! Check out this awesome looking annuity!” Mike looks at a few annuity offers that listeners have sent in and explains exactly how these products work. The promises you see aren’t always what they seem. He also answers a listener’s questions on taxes.
Annuities aren’t an alternative to investing in the stock market?!?! What?! Mike explains how annuities are better seen as an alternative to a CD and not as an alternative to investing in the stock market. He answers questions about fixed annuities, variable annuities, and indexed annuities. Part two of three.
Have you ever wondered why some new businesses not only survive, but grow to become successful enterprises, while many don’t make it past the first year? Listen as John Warren, Marine veteran and cofounder of Lima One Capital, discusses with Mike some of the business philosophies and culture that made Lima One Capital a success! […]
What are the different kinds of annuities? How are they different? How do annuities work? How does withdrawing from an annuity affect my taxes? Mike begins to unpack annuities in part one of a three part series.
Highlights from show aired April 25, 2020. What are some ways you can give to your favorite charity without opening your checkbook? How does knowing your financial “finish line” help you determine your giving capacity? Did you know you can donate part of your business assets, even before the business is sold? Daniel Hicks, charitable […]
Highlights from show aired April 11, 2020. The Coronavirus Aid, Relief, and Economic Security Act—or the CARES Act—is officially the law of the land. If you are taking a Required Minimum Distribution or need to make an IRA withdrawal due to a CORONA RELATED financial consequence, this is a MUST LISTEN TO Podcast! Alan Cox, […]
Did you know you may owe income tax on the sale of your home? What are the IRS rules surrounding this tax? Eddie Holland, CFP®, CPA, CKA®, joins Mike to discuss this tax planning strategy.
What effect will the resurgence of COVID-19 and the upcoming presidential election have on the stock market and economy? What changes should you make in your portfolio now? Mark Elam, Senior Investment Strategist in the Investment Strategy Group of Ronald Blue Trust, joins Mike to discuss these questions relevant to our current economic situation.
Highlights from show aired February 8, 2020 Estate planning can be confusing! Especially with so many recent changes in estate tax law that could cause your estate plan to pass your assets in a way that you don’t intend. Do you have some type of “Formula Trust” in your documents? Are your documents up to […]
How can I help my kids visualize the value of a dollar? How can I teach my children the value of giving? What are some ideas to teach my kids about using money wisely? On this episode of Talking Money, Mike and special guest Dan Grover explore some creative ways to help your children see […]
Should I help my struggling family member financially? How do I know if I am actually helping or hurting them? Dan Grover, CFP® professional and senior private wealth advisor at Ronald Blue Trust in Charlotte, joins Mike to discuss considerations when helping others financially. The document “Financial Assistance to Others,” offered and discussed in […]
Highlights from show aired February 1, 2020. Nick Stonestreet, CEO of Ronald Blue Trust joins Mike to discuss the importance of not owning too much of any one company’s stock. Nick and Mike both share stories of actual situations to illustrate the importance of an effectively diversified portfolio.
Is it a good idea to leave specific dollar amounts to my beneficiaries? How do special needs children factor into my estate plan? Mike answers these listener questions and more about estate planning.
Estate Planning covers a wide range of documents and details. Will your loved ones know how to access your important documents and the funds necessary to take care of your final expenses? Should you hire an estate planning attorney? Is it better to hold your assets in Joint Ownership or just let your assets pass […]
Part Two of Estate Planning is Much More than a Will Is your entire estate plan hinged on your will? How much do you expect from your power of attorney? Mike discusses these two common estate planning mistakes and more from an article by Bob Carlson.
Part One of Estate Planning is Much More than a Will Do you have an estate plan? What else do you need besides a will? Does someone else know how to access your passwords for digital assets? Mike answers these questions and more on this segment of Talking Money.
Highlights from “Hoodwinked? Me? Never…” I won’t ever get duped by a scam artist! I can spot a scam a mile away! Overconfidence is probably one of the first signs that you are next in line to be scammed. Mike retells the stories of several people that were taken advantage of by scam artists and […]
I won’t ever get duped by a scam artist! I can spot a scam a mile away! Overconfidence is probably one of the first signs that you are next in line to be scammed. Mike retells the stories of several people that were taken advantage of by scam artists and how you can be better […]
Part 2 of Can You Invest Too Conservatively How should you structure your portfolio for a retirement income that still protects against the hidden risk of inflation? Mike discusses the dangers of investing so conservatively that you reduce the risk of your portfolio going down (volatility) while at the same time increasing the risk of […]
Part 1 of Can You Invest Too Conservatively How should you structure your portfolio for a retirement income that still protects against the hidden risk of inflation? Mike discusses the dangers of investing so conservatively that you reduce the risk of your portfolio going down (volatility) while at the same time increasing the risk of […]
How should you structure your portfolio for a retirement income that still protects against the hidden risk of inflation? Mike discusses the dangers of investing so conservatively that you reduce the risk of your portfolio going down (volatility) while at the same time increasing the risk of loss of purchasing power.
Part 2 of Annuities 101: Mike answers a listener’s question about contributing to an employer’s 401K plan. He then discusses the annuity 1035 tax free exchange.
Part 1 of Annuities 101: Mike explains how annuities work and some strategies for transferring those assets to an IRA, including using a 1035 tax-free exchange.
Mike answers listener questions about annuities, transferring an annuity to an IRA, advantages of the 1035 tax-free exchanges, and how you can know your marginal tax bracket (and why it’s important).
Business owners take notice!! Listen in before selling your business! Daniel Hicks, Gift Planning Attorney with the National Christian Foundation joins Mike to review several unique gifting techniques. For more information on the National Christian Foundation, click here.
How “Independent” is your Independent financial adviser? Mike discusses the good and potentially bad of being an independent adviser; plus a review of the new Code of Ethics from the CFP Board of Standards.
The Coronavirus Aid, Relief, and Economic Security Act—or the CARES Act—is officially the law of the land. Alan Cox, CPA, Head of Estate and Trust Planning at Ronald Blue Trust, joins Mike to discuss the act and the changes related to IRA distributions. If you are taking a Required Minimum Distribution or need to make […]
Watching the stock market decline is not fun, but it does create some unique planning opportunities. Join Mike as he discusses these unique planning ideas such as tax loss harvesting and Roth Conversions.
Eddie Holland, CPA, CFP®, CKA® , Social Security expert, joins Mike to discuss some Social Security claiming strategies as well as Medicare premium and tax strategies. Part 2
Eddie Holland, CPA, CFP®, CKA®, Social Security expert, joins Mike to discuss some Social Security claiming strategies as well as Medicare premium and tax strategies.
What is your Financial Finish Line? Mike encourages listeners to ask themselves the question “How much is enough for me and my family?” What will your legacy look like? Mike discusses the most tax efficient techniques to help establish your legacy.
The stock market volatility has been going through the roof the last few weeks. Mike talks about what you should be doing now!
Mike broadcasts live from the Greenville Convention Center for the Annual Good News Club Spectacular. Ryan White joins Mike to discuss the SC Future Scholar 529 Education Plan.
Mike Tyson is quoted as saying “Everyone has a plan until I punch them in the face!” Investing can be like that too—you have a good strategy, but as soon as something fearful happens, you blow it up in smoke. Is diversification a recipe for mediocrity or a smart strategy?
Recent changes in estate tax law could cause your estate plan to pass your assets in a way that you don’t intend. Estate planning attorney, Joel Stoudenmire, joins Mike to review the changes and tell you what you need to watch out for. Do you have some type of “Formula Trust” in your documents? This […]
Nick Stonestreet, CEO of Ronald Blue Trust joins Mike to discuss the importance of not owning too much of any one company’s stock. Nick and Mike both share stories of actual situations to illustrate the importance of an effectively diversified portfolio.
All I want for Christmas is . . . a TAX BILL? Alan Cox, CPA, Director of Estate/Trust Planning and Estate Settlement joins Mike to discuss the brand new SECURE Act. Everyone who has an IRA needs to hear this!!
What are the three key attributes that make an investor successful? What is the biggest mistake people make with investing?
How are distributions from IRAs taxed? When you’re over 70 ½, is it better to use a Qualified Charitable Distribution when making a gift, or to give appreciated assets?
The 2010s was the first decade in American History without a recession. What did the experts say was going to happen with the stock market in 2019? One well-respected analyst is predicting the Dow Jones Industrial average will hit 40,000 in 2020! Special feature: history of the song “Santa Claus is Coming to Town.”