On Fridays we do Q&A! Today:
1:20 How can I effectively move from New York to Florida in order to end my tax residency?
17:20 What should I do with the life insurance I'm offered at work?
23:00 How do you advise someone to develop an overarching investment philosophy?
48:05 Should I put money into a 529 plan for my not-yet-conceived children?
If you'd like to join me next week, go here: www.patreon.com/radicalpersonalfinance
1:20 Should I change my whole life insurance policy because my income is going down?
18:40 Why do you think Walmart has done more good for poor people than any non-profit organization?
30:00 How should I adjust my asset allocation now that I'm retiring?
42:40 Should I pay off my mortgage on my retirement house?
49:15 Where should I keep my medium-term savings?
52:00 How can I include real estate in my Permanent Portfolio?
58:00 How can I invest in the people in my community?
1:05:00 Can I use a private foundation for my wealth planning?
1:45 - Is it moral to support the current capitalist system of economics?
32:20 - How can I figure out how much umbrella liability insurance to purchase?
39:00 - Does having a higher umbrella liability insurance policy make you the target of a lawsuit?
46:05 - I want to buy a house but I'm in the middle of paying off debt (on Dave Ramsey's Baby Steps plan). Should I pay off the debt first?
1:00 - Should I roll my 401(k) over to my new job or into an IRA?
11:30 - How should I prepare for a meeting with an estate planning attorney?
17:55 - How should I decide to indulge myself with a luxury expense?
35:45 - Life insurance advice for a newlywed couple.
48:05 - How can I maximize the value of my business for sale?
2:00 - Life insurance advice for a recently married husband
6:15 - How can I make a back-door Roth contribution without being subject to the pro rata rule?
11:35 - How can I protect the money in my taxable brokerage accounts?
20:50 - How can I optimize my tax situation as an expat living in Bermuda?
47:20 - I live in China and am returning to the USA. What should I do with my money?
50:25 - How should I balance paying off debt with real estate investment?
1:03:05 - How can I invest for my 15-month old daughter?
1:20 - How Can I Invest in Distressed Mortgage Notes Inside my Roth IRA?
8:05 - Should I Pursue a Chartered Financial Analyst Credential for My Own Investment Knowledge?
17:00 - Should I Contribute More Money to a Roth 401(k) than a Traditional 401(k)?
38:15 - How can I Balance Personal Privacy and Functionality in Building My Business?
For reference to any time-dated commentary, this show was recorded on 12/21/2018.
1:25 - I just got married. What financial planning should I do now?
39:35 - My employer offers a 401(k) with no match. Should I participate?
55:35 - How can I save for my child's college education with a 529 plan or with a Roth IRA?
For reference to any time-dated commentary, this show was recorded on 12/20/2018.
1:45 - How can I give nice gift to people who are poorer than I am without creating a power imbalance?
15:20 - Can I contribute my salary into a 401(k) plan for my wife in order to maximize our retirement account contributions?
28:05 - How can I protect my non-qualified investment accounts that are exposed to the claims of creditors?
44:30 - I don't "need" term life insurance because I'm financially independent. Should I still buy some?
51:00 - I'm following Dave Ramsey's baby steps and am almost out of debt; should I store up my emergency fund in a Roth IRA?
56:00 - I want to buy an investment that will pay for my new car instead of just burning all my cash on the car. How do I do that?
(For the context of any time-relevant comments relating to current events, this Q&A was recorded on 12/19/2018.)
2:00 - Should we pay off our mortgage or invest?
9:50 - Should I put more money into one of my child's 529 plans in order to help them on their financial aid calculations?
18:30 - Should a retiree in her 60s pay 1.7% as a financial planning fee?
47:20 - How should we unravel the tax situation for a house that I live in but don't own?
1:13:00 - What college financial planning organization should I choose?
1:30-Should I dollar cost average into my Roth IRA or wait for a market downturn?
6:00-How can I get money to my child so they can make a Roth IRA contribution?
21:30-Can I do good asset protection by transferring all my money into a secret Bitcoin wallet that's kept completely offline?
34:00-Can I become a financial planner without pursuing it full-time?