At this point, you may be saying to yourself, “this is good information and all, but I’m not retired, and I won’t be for awhile, so what’s the point?” If this is you, I would encourage you to keep listening. As I said in a prior episode, you don’t just show up to retirement without preparation. And if you do, you are probably not prepared to give generously in retirement. I want to share some ideas for everyone today. The truth is that there are things that we can all do to retire generously, regardless of where we are in the journey.
","summary":"Today we talk about things that you can do now to be more charitable later in life.","date_published":"2023-12-28T01:00:00.000-05:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/2e227dbd-0aaf-4517-9439-02d62b9537a5/7ca532c0-4736-4668-9803-09a7988d9621.mp3","mime_type":"audio/mpeg","size_in_bytes":14985426,"duration_in_seconds":624}]},{"id":"4e1a5d40-3f9f-4e7e-a1f3-4992cd89f502","title":"Episode 122: Retiring Generously Episode 9: Generous People Are Happier & More Successful","url":"https://oldfashionedfinance.fireside.fm/122","content_text":"I’ve always said that generous people tend to be happier and more successful. But that can be a bit of a chicken and the egg situation. Are generous people happier because they are more successful? Or are they more successful because they are happier? I don’t really know for sure, but I do think that there is a strong correlation between the two. I said that we will only dip our toe in the waters of psychology. There are reasons for that. A psychologist I am not. I’m a financial advisor. But you can’t deny that the two subjects often crossover. ","content_html":"I’ve always said that generous people tend to be happier and more successful. But that can be a bit of a chicken and the egg situation. Are generous people happier because they are more successful? Or are they more successful because they are happier? I don’t really know for sure, but I do think that there is a strong correlation between the two. I said that we will only dip our toe in the waters of psychology. There are reasons for that. A psychologist I am not. I’m a financial advisor. But you can’t deny that the two subjects often crossover.
","summary":"Today we will look at the correlation between generosity and success.","date_published":"2023-12-26T01:00:00.000-05:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/2e227dbd-0aaf-4517-9439-02d62b9537a5/4e1a5d40-3f9f-4e7e-a1f3-4992cd89f502.mp3","mime_type":"audio/mpeg","size_in_bytes":15841197,"duration_in_seconds":659}]},{"id":"9e3d0f7f-1b02-4dc7-9fdb-42984c071297","title":"Episode 121: Retiring Generously Episode 8: Charity Begins At Home","url":"https://oldfashionedfinance.fireside.fm/121","content_text":"On today's epiosode we explore some outside the box ideas to help family and friends with two big financial burdens. Medical expenses and tuition expenses. By using direct payments to the provider or institution, you exclude the gift from your gift tax return, which allows you to be more generous in other areas. After all, if you are planning to be charitable in retirement, remember charity begins at home. Someone once said that, and it sounds good to me.","content_html":"On today's epiosode we explore some outside the box ideas to help family and friends with two big financial burdens. Medical expenses and tuition expenses. By using direct payments to the provider or institution, you exclude the gift from your gift tax return, which allows you to be more generous in other areas. After all, if you are planning to be charitable in retirement, remember charity begins at home. Someone once said that, and it sounds good to me.
","summary":"Today we will explore tax efficient ways to be generous with family.","date_published":"2023-12-21T01:00:00.000-05:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/2e227dbd-0aaf-4517-9439-02d62b9537a5/9e3d0f7f-1b02-4dc7-9fdb-42984c071297.mp3","mime_type":"audio/mpeg","size_in_bytes":14664433,"duration_in_seconds":610}]},{"id":"6b168e88-01b3-4b78-860f-cd12ebbce267","title":"Episode 120: Retiring Generously Episode 7: When To Itemize Your Charitable Donations","url":"https://oldfashionedfinance.fireside.fm/120","content_text":"When does it make sense to itemize deductions? Well, if you are far exceeding the standard you’ll want to itemize. But you can also look at opportunities to “bunch” charitable donations. Sounds pretty simple, right? We all know that the tax code is anything but simple, so you need to make sure that your tax preparer is totally on board before you employ a bunching strategy. Learn more on today's episode.","content_html":"When does it make sense to itemize deductions? Well, if you are far exceeding the standard you’ll want to itemize. But you can also look at opportunities to “bunch” charitable donations. Sounds pretty simple, right? We all know that the tax code is anything but simple, so you need to make sure that your tax preparer is totally on board before you employ a bunching strategy. Learn more on today's episode.
","summary":"Today we look at when to take the standard deduction versus itemizing. We'll also discuss bunching donations as a strategy to maximize deductions.","date_published":"2023-12-19T01:00:00.000-05:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/2e227dbd-0aaf-4517-9439-02d62b9537a5/6b168e88-01b3-4b78-860f-cd12ebbce267.mp3","mime_type":"audio/mpeg","size_in_bytes":14806748,"duration_in_seconds":616}]},{"id":"34bca662-7c01-436f-a312-d8b3b1adf5fc","title":"Episode 119: Retiring Generously Episode 6: Tax-Efficient Beneficiary Designations","url":"https://oldfashionedfinance.fireside.fm/119","content_text":"We’ve covered a lot of ground in the first few episodes. We’ve talked about a couple of different strategies for tax-efficient giving. We talked about ideas that specifically benefit charitable organizations. We talked about ideas that specifically benefit the next generation, likely your children. And today we are going to explore some ways to benefit both. As an added bonus, some of these ideas may be more beneficial to you as well. I’m talking about tax-efficient beneficiary designations. Don’t worry, it sounds a lot fancier than it really is. Let’s get into the nuts and bolts of it.","content_html":"We’ve covered a lot of ground in the first few episodes. We’ve talked about a couple of different strategies for tax-efficient giving. We talked about ideas that specifically benefit charitable organizations. We talked about ideas that specifically benefit the next generation, likely your children. And today we are going to explore some ways to benefit both. As an added bonus, some of these ideas may be more beneficial to you as well. I’m talking about tax-efficient beneficiary designations. Don’t worry, it sounds a lot fancier than it really is. Let’s get into the nuts and bolts of it.
","summary":"Today we'll explore how to coordinate your beneficiaries in the most tax-efficient manner.","date_published":"2023-12-14T01:00:00.000-05:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/2e227dbd-0aaf-4517-9439-02d62b9537a5/34bca662-7c01-436f-a312-d8b3b1adf5fc.mp3","mime_type":"audio/mpeg","size_in_bytes":16054983,"duration_in_seconds":668}]},{"id":"81d28d38-83ed-46a6-a641-0135208b8103","title":"Episode 118: Retiring Generously Episode 5: Roth Conversions for the Next Generation","url":"https://oldfashionedfinance.fireside.fm/118","content_text":"Roth conversions can be done systematically as a part of a really effective financial plan. It’s a strategy that requires meticulous planning and perfect execution, so you need to proceed with caution. However, if retiring generously includes being generous to the next generation, you can see why this is a worthwhile endeavor.","content_html":"Roth conversions can be done systematically as a part of a really effective financial plan. It’s a strategy that requires meticulous planning and perfect execution, so you need to proceed with caution. However, if retiring generously includes being generous to the next generation, you can see why this is a worthwhile endeavor.
","summary":"Today we explore Roth conversions as another potential solution to the RMD conundrum.","date_published":"2023-12-12T01:00:00.000-05:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/2e227dbd-0aaf-4517-9439-02d62b9537a5/81d28d38-83ed-46a6-a641-0135208b8103.mp3","mime_type":"audio/mpeg","size_in_bytes":14093292,"duration_in_seconds":587}]},{"id":"ab6fd24e-89e4-4d5c-819a-cecf536f3d2e","title":"Episode 117: Retiring Generously Episode 4: Qualified Charitable Distributions","url":"https://oldfashionedfinance.fireside.fm/117","content_text":"One of the most effective strategies for the charitably inclined is the use of Qualified Charitable Distributions, or QCDs. That’s right, another fun acronym for you to remember. But if you simply remember that QCD is short for tax savings, you’ll be fine. The great thing about QCDs is that we aren’t re-inventing the wheel here. We’re actually talking about doing something that you probably already do. The difference is the order of the steps that we use. ","content_html":"One of the most effective strategies for the charitably inclined is the use of Qualified Charitable Distributions, or QCDs. That’s right, another fun acronym for you to remember. But if you simply remember that QCD is short for tax savings, you’ll be fine. The great thing about QCDs is that we aren’t re-inventing the wheel here. We’re actually talking about doing something that you probably already do. The difference is the order of the steps that we use.
","summary":"Now that we’ve identified a potential problem in required minimum distributions, or RMDs, we’ll spend our time today talking about a potential solution, Qualified Charitable Distributions.","date_published":"2023-12-07T01:00:00.000-05:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/2e227dbd-0aaf-4517-9439-02d62b9537a5/ab6fd24e-89e4-4d5c-819a-cecf536f3d2e.mp3","mime_type":"audio/mpeg","size_in_bytes":14735277,"duration_in_seconds":613}]},{"id":"e98fc680-6d90-4f2c-87a4-5ed2ee7373ca","title":"Episode 116: Retiring Generously Episode 3: The RMD Conundrum","url":"https://oldfashionedfinance.fireside.fm/116","content_text":"We’ll spend our time today talking about the how and why of RMDs, and if you follow along, you’ll see the conundrum that they create. In later episodes we’ll talk about tax savvy solutions to resolve the conundrum, but for today we first need to understand what we’re dealing with. Before we solve the problem, we first have to have a grasp on what the problem actually is. Here we go.","content_html":"We’ll spend our time today talking about the how and why of RMDs, and if you follow along, you’ll see the conundrum that they create. In later episodes we’ll talk about tax savvy solutions to resolve the conundrum, but for today we first need to understand what we’re dealing with. Before we solve the problem, we first have to have a grasp on what the problem actually is. Here we go.
","summary":"Today we'll talk about the why and how of required minimum distributions. ","date_published":"2023-12-06T16:00:00.000-05:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/2e227dbd-0aaf-4517-9439-02d62b9537a5/e98fc680-6d90-4f2c-87a4-5ed2ee7373ca.mp3","mime_type":"audio/mpeg","size_in_bytes":15056270,"duration_in_seconds":627}]},{"id":"a9a33fe2-96c2-49d1-8153-342ff8f830b0","title":"Episode 115: Retiring Generously Episode 2: Planning To Be Generous (Milestone Ages)","url":"https://oldfashionedfinance.fireside.fm/115","content_text":"Like most worthwhile endeavors, planning is essential to being wildly generous in retirement. And these 3 milestone ages present planning opportunities to set ourselves up to do just that. We will continue to build the foundation by looking at these milestones ages individually in episodes to come.","content_html":"Like most worthwhile endeavors, planning is essential to being wildly generous in retirement. And these 3 milestone ages present planning opportunities to set ourselves up to do just that. We will continue to build the foundation by looking at these milestones ages individually in episodes to come.
","summary":"Caleb talks about some milestone ages that present planning opportunities to be more generous in retirement.","date_published":"2023-12-06T10:00:00.000-05:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/2e227dbd-0aaf-4517-9439-02d62b9537a5/a9a33fe2-96c2-49d1-8153-342ff8f830b0.mp3","mime_type":"audio/mpeg","size_in_bytes":15234947,"duration_in_seconds":634}]},{"id":"68823efd-168c-48a3-ab33-c9194f89a23c","title":"Episode 114: Retiring Generously Episode 1: Mission and Purpose","url":"https://oldfashionedfinance.fireside.fm/114","content_text":"Most people have bigger goals in mind than just surviving when they retire. For those folks, retirement is about more than just financial security, it’s about service. Service to their family, or their church, or their local non-profit of choice. Retirement becomes an opportunity to be more generous with their time, money and resources. These are the people that I find are most fulfilled in retirement. They have a driving purpose. I’ve been very fortunate in my career to work with people like this. And what I’ve found is that there is nothing more fulfilling in my business than helping people utilize their resources to be even more generous. And not only that, but to do so in a tax efficient manner. As it turns out the tax code, even with all of the recent changes, still rewards the charitably inclined. So, if you find yourself in the group of financially independent, with a generous disposition, or you aspire to be in this group one day, keep listening. This podcast may be just for you. ","content_html":"Most people have bigger goals in mind than just surviving when they retire. For those folks, retirement is about more than just financial security, it’s about service. Service to their family, or their church, or their local non-profit of choice. Retirement becomes an opportunity to be more generous with their time, money and resources. These are the people that I find are most fulfilled in retirement. They have a driving purpose. I’ve been very fortunate in my career to work with people like this. And what I’ve found is that there is nothing more fulfilling in my business than helping people utilize their resources to be even more generous. And not only that, but to do so in a tax efficient manner. As it turns out the tax code, even with all of the recent changes, still rewards the charitably inclined. So, if you find yourself in the group of financially independent, with a generous disposition, or you aspire to be in this group one day, keep listening. This podcast may be just for you.
","summary":"On the first episode of Retiring Generously, Caleb talks about the mission of this podcast. ","date_published":"2023-12-06T01:00:00.000-05:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/2e227dbd-0aaf-4517-9439-02d62b9537a5/68823efd-168c-48a3-ab33-c9194f89a23c.mp3","mime_type":"audio/mpeg","size_in_bytes":14356537,"duration_in_seconds":582}]},{"id":"1db33120-ad50-48ba-9177-af3ed6f293a7","title":"Episode 113: Retiring Generously: a podcast for the charitably inclined","url":"https://oldfashionedfinance.fireside.fm/113","content_text":"Hey there! This is Caleb Frankart, Financial Advisor and Enrolled Agent at Blue Jay Financial Group in Defiance OH. Today, I’m excited to introduce a new podcast called “Retiring Generously.” Coming to a platform near you, this November 28th. We’ll talk through tax-efficient strategies to be more effective with charitable giving in retirement, and how to best prepare for a generous retirement. Be sure to subscribe on Apple Podcasts, Spotify, or wherever you listen to podcasts. “Retiring Generously”, a podcast for the charitably inclined.","content_html":"Hey there! This is Caleb Frankart, Financial Advisor and Enrolled Agent at Blue Jay Financial Group in Defiance OH. Today, I’m excited to introduce a new podcast called “Retiring Generously.” Coming to a platform near you, this November 28th. We’ll talk through tax-efficient strategies to be more effective with charitable giving in retirement, and how to best prepare for a generous retirement. Be sure to subscribe on Apple Podcasts, Spotify, or wherever you listen to podcasts. “Retiring Generously”, a podcast for the charitably inclined.
","summary":"Coming soon! A new podcast from Blue Jay Financial Group. Like and subscribe today.","date_published":"2023-10-27T14:00:00.000-04:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/2e227dbd-0aaf-4517-9439-02d62b9537a5/1db33120-ad50-48ba-9177-af3ed6f293a7.mp3","mime_type":"audio/mpeg","size_in_bytes":968328,"duration_in_seconds":40}]},{"id":"ae0d12f0-fad7-4622-b256-bdf0939d39ef","title":"Closing Out The Tab","url":"https://oldfashionedfinance.fireside.fm/112","content_text":"The Drink: Old Fashioned\nThe Topic: What To Take Away From OFF\nOn this 112th and final episode, we are closing out the tab. We’ll share what we’ve learned throughout the life of OFF, and what you, the listener, can take away from it. Thank you from the bottom of our hearts and our glasses, for your continued support along the way. We are truly humbled by your love and dedication for our little podcast. Cheers!","content_html":"The Drink: Old Fashioned
\nThe Topic: What To Take Away From OFF
\nOn this 112th and final episode, we are closing out the tab. We’ll share what we’ve learned throughout the life of OFF, and what you, the listener, can take away from it. Thank you from the bottom of our hearts and our glasses, for your continued support along the way. We are truly humbled by your love and dedication for our little podcast. Cheers!
The Drink: Mexican Firing Squad
\nThe Topic: Common Misconceptions
\nThis week Caleb and Jason are playing myth busters! Listen in as they debunk commonly accepted misconceptions about personal finance topics.
The Drink: Jockey Club
\nThe Topic: 4 Phases of Retirement
\nJason is back from the NAPFA Conference in San Diego! On this week’s episode, he’s sharing some insights from one of the keynote speakers, Dr. Riley Moynes. Tune in and find out how to find real purpose and fulfillment in retirement. Be sure to check out the Ted Talk below:
\nThe 4 phases of retirement | Dr. Riley Moynes | TEDxSurrey
\nhttps://www.youtube.com/watch?v=DMHMOQ_054U
The Drink: The Left Hand
\nThe Topic: Hustle vs. Hustle
\nThis week Caleb and Jason are talking about the get rich quick mentality that seems to be making a comeback in our culture. What’s the difference between a “hustle” and hustle? Is there such a thing as a shortcut? Listen in and find out more!
The Drink: Reverse Martini
\nThe Topic: How To know If You Should Hire An Advisor
\nWhen should you go it alone, and when should you seek professional guidance? On this week’s episode, Caleb and Jason talk about benefits as well as pitfalls of DIY financial planning. Tune in for a candid conversation about hiring an advisor.
The Drink: Monte Carlo
\nThe Topic: Is It Possible to Over-Diversify?
\nThis week Caleb and Jason discuss diversification. They’ll talk about how to diversify and how not to, and explain the dangers of “over-diversifying” if that’s even possible.
The Drink: Cooperstown
\nThe Topic: Money Lessons from Baseball
On this week’s episode, Caleb and Jason are talkin’ baseball! More specifically they share money lessons from America’s pastime including examples from “Moneyball” and quotes from Warren Buffett.
","summary":"The Drink: Cooperstown\r\nThe Topic: Money Lessons from Baseball\r\n","date_published":"2023-04-26T01:00:00.000-04:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/2e227dbd-0aaf-4517-9439-02d62b9537a5/2c4ff5be-64f6-46e1-88a6-8cdda19f8bf4.mp3","mime_type":"audio/mpeg","size_in_bytes":29159783,"duration_in_seconds":1819}]},{"id":"3057333c-9caa-4d1c-965f-37bcd1b4f2f7","title":"Morally Responsible Investing","url":"https://oldfashionedfinance.fireside.fm/105b","content_text":"The Drink: The Churchill\nThe Topic: Morally Responsible vs. ESG\nDescription: Morally responsible investing is often confused with socially responsible investing. In many cases investors who are trying to be mindful with their investments, end up supporting the companies they seek to avoid. On today’s episode, Caleb and Jason discuss the merits of morally responsible investing, and how to go about it if you are unsure.","content_html":"The Drink: The Churchill
\nThe Topic: Morally Responsible vs. ESG
\nDescription: Morally responsible investing is often confused with socially responsible investing. In many cases investors who are trying to be mindful with their investments, end up supporting the companies they seek to avoid. On today’s episode, Caleb and Jason discuss the merits of morally responsible investing, and how to go about it if you are unsure.
The Drink: The Chrysanthemum
\nThe Topic: Property and Casualty Insurance
\nToday, Caleb and Jason talk about the “Great Flood of 2023” and why it’s important to understand your P&C insurance. How do you know if your agent is working for you? How do you know if your coverage is adequate? How do you know if you are getting a good deal? Find out on this week’s episode!
The Drink: E.H. Taylor Small Batch
\nThe Topic: Retiring With Business Equity
\nWe had such a great response from our recent “Retire Creatively” episode that we had to do a small business edition. Small Business, Small Batch is back baby! On this week’s episode we will explore some creative ways to use your small business as a retirement asset.
The Drink: Irish Buck
\nThe Topic: Interest Rates
\nIt’s been a long time since fixed rates were attractive, but as the Fed continues to raise rates, many are being tempted to chase yields. On this week’s episode, Caleb and Jason discuss the folly of being too nearsighted when it comes to fixed rates.
The Drink: Dirty Shirley
\nThe Topic: How Does A Bank Failure Happen?
\nYou may be wondering how in the world a bank failure can happen in this day and age. As it turns out, they are more common than you may think. On this week’s episode, Caleb and Jason talk about the recent failure of Silicon Valley Bank. How did it happen? What triggered the collapse? Are we in trouble? Listen in to find out!
The Drink: The Old Fashioned (Of Course)
\nThe Topic: Q&A With Caleb and Jason
\nThis week marks the 100th episode of Old Fashioned Finance! Listen in as Caleb and Jason ask and answer candid questions about cocktails, finance, and life. If you thought you knew your hosts, you’ll certainly know them better after listening to this one. Thank you to all of our listeners who make this show possible!
The Drink: Tootsie Roll
\nThe Topic: Deductions vs. Credits
\nCaleb and Jason get into some nitty gritty tax talk on this week’s episode. They discuss deductions vs. credits, above the line vs. below the line, and refundable vs. non-refundable. Why? To maximize refunds of course!
The Drink: Buckeye Hot Chocolate
\nThe Topic: Tax Law Updates
\nTax season is upon us! This week Caleb and Jason are talking about the recent passing of SECURE Act 2.0. This legislation affects retirement savings plans for businesses and individuals. Listen in to find out what it means for you!
The Drink: Hellfire
\nThe Topic: Simplifying Financial Planning
\nOn this week’s episode, Caleb and Jason talk about simplifying your financial plan to a page on a yellow pad or the back of a napkin. Drawing on inspiration from “The One Page Financial Plan” by Carl Richards, they’ll talk about clearly defining goals by focusing on the “Why” rather than the “How”.
The Drink: Brandy Old Fashioned
\nThe Topic: Different Approaches to Retirement
\nThis week Caleb and Jason talk about retiring creatively. Listen in as they explore some alternative approaches to traditional retirement philosophies. Don’t retire, REWIRE!
The Drink: Royal Tea
\nThe Topic: Allocating Retirement $$
\nDescription: On this week’s episode, Caleb and Jason will discuss which retirement “buckets” to fill and the order in which to fill them. They’ll walk through a couple of examples in both the public and private sectors, exploring countless options. If you think you’ve maxed out your accounts, chances are there’s still work to do!
The Drink: Tom Bullock’s Stinger
\nThe Topic: Are You Saving Enough For Retirement
\nThis week, Caleb and Jason talk about what is considered “normal” for retirement savings. They’ll discuss why being “normal” is probably not enough, and why the 15% rule makes so much sense.
The Drink: Mexican Manhattan
\nThe Topic: Retirement Savings Update
\nOn today’s episode, Caleb and Jason talk about yet another resolution you can keep for the new year. They share updated contribution limits for IRAs and employer sponsored retirement plans and targets for how much you should be saving.
The Drink: 100 Year Old Cigar
\nThe Topic: Saving Strategies
\nContinuing the theme of New Year’s resolutions you can keep, Caleb and Jason dive into developing and updating your personal savings plan. If you don’t have a plan, you’re not going to succeed. Listen in as the boys talk strategies for saving more and with more purpose.
The Drink: Kentucky Coffee
\nThe Topic: Budgeting
\nThis week Caleb and Jason follow up on a New Year’s resolution you can keep, specifically budgeting. They share some of the best free online tools, and walk through the process of completing a budget from scratch. If you’ve never had a budget or haven’t updated yours in awhile, this is for you.
The Drink: Gin Caruso
\nThe Topic: Financial Resolutions
\nHappy New Year! On this first episode of 2023, Caleb and Jason talk about how to keep your financial New Year’s resolutions. Listen in as they share practical and attainable goals to start off strong.
The Drink: Tom & Jerry
\nThe Topic: The Year In Review
\nIt was a year full of headlines, some good and some bad. On today’s episode, the last of the year, Caleb and Jason recap a very eventful 2022. Happy New Year!
The Drink: Smoking Bishop Punch
\nThe Topic: Money Lessons From “A Christmas Carol”
\nThis week Caleb and Jason are pulling money lessons from Charles Dickens’ timeless novel, “A Christmas Carol”. Not to mention the many film adaptations of the classic book. Learn from ghosts of Christmas finance past, present and future, and God bless us, everyone!
The Drink: It’s A Wonderful Life
\nThe Topic: Economics of “It’s A Wonderful Life”
\nThis week Caleb and Jason talk about one of their all-time favorite Christmas movies, “It’s A Wonderful Life”. Listen in a s they discuss the significant financial and economic events occurring throughout the movie. Hot dog! This is going to be a good one!
The Drink: The Ovaltini
\nThe Topic: Consumer Spending At Christmas
\n On this week’s episode the boys are talking about some of Caleb’s favorite Christmas movies: A Christmas Story and Christmas With The Kranks. More specifically they will talk about a common theme, which is consumer spending at Christmas time. Go ahead, listen. We triple dog dare you!
The Drink: Apple Cider Mule
\nThe Topic: Financial Advice To Ignore
\nYou will probably be spending time with friends and family for the holidays. That means there will be plenty of talk about politics, the markets, and plenty of bad financial advice. On today’s episode Caleb and Jason talk about some of the most common, but awful, financial “advice” that gets thrown around at the dinner table. Happy Holidays!
The Drink: Negroni
\nThe Topic: The Cost of Thanksgiving Dinner
\nWe’re celebrating Thanksgiving on this week’s episode. Caleb and Jasonl talk about what they are thankful for this year, what Thanksgiving foods are a must, and the effects of inflation on turkey day dinner.
The Drink: Kentucky Flyer
\nThe Topic: Lotto Winners
\nIn light of the recent record setting Powerball lottery, Caleb and Jason get into the statistics of the lottery system. They’ll talk about what you should and shouldn’t do if and when you win the big prize. Should be fun!
The Drink: White Negroni
\nThe Topic: Estate Planning
\nOn this week’s episode, Caleb and Jason pick up where they left off with more estate planning mistakes to avoid. They focus on some common issues with POAs and gifting highly appreciated assets. If you think you are too young for estate planning, think again!
The Drink: The Great Pumpkin
\nThe Topic: Estate Planning
\nWhether you are in your golden years or just starting out, basic estate planning is an important part of your overall financial plan. On this week’s episode, Caleb and Jason share some of the most common mistakes that they see with beneficiary designations.
On today’s episode, Caleb and Jason talk about year end capital gains distributions. If you or someone you love owns a mutual fund, you need to listen to this one. They’ll explain who is affected, how they are paid out, and why you may owe taxes even when the markets are down.
","summary":"The Drink: Autumn Harvest Mezcal Cocktail\r\nThe Topic: Year End Capital Gains Distributions","date_published":"2022-10-26T01:00:00.000-04:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/2e227dbd-0aaf-4517-9439-02d62b9537a5/4f59e4f7-5bd9-4a21-a947-af5b591a8342.mp3","mime_type":"audio/mpeg","size_in_bytes":29468225,"duration_in_seconds":1887}]},{"id":"2dd7a6a9-620d-4425-b3ca-48a503ea177c","title":"“The Seduction of Pessimism”","url":"https://oldfashionedfinance.fireside.fm/79","content_text":"The Drink: Casino Cocktail\nThe Topic: Behavioral Finance\n On this week’s episode, we dive into Chapter 17 of Morgan Housel’s book, “The Psychology of Money”. We’ll talk about the allure of pessimism, and how to think differently about the economy and the markets in 2022.","content_html":"The Drink: Casino Cocktail
\nThe Topic: Behavioral Finance
\n On this week’s episode, we dive into Chapter 17 of Morgan Housel’s book, “The Psychology of Money”. We’ll talk about the allure of pessimism, and how to think differently about the economy and the markets in 2022.
The Drink: The Gypsy Queen
\nThe Topic: Bite-Sized Advice on the Markets
\nOn this week’s episode we share some of our favorite quotes from smarter people who’ve gone before us. We’re serving up bite-sized nuggets of wisdom to help through rough markets and trying times. You won’t want to miss this one!
The Drink: Salty Dog
\nThe Topic: Advisor Compensation
\nOn today’s show, we’re talking about advisor compensation. Many people are afraid to ask their advisor how they get paid. They feel rude or nosy. We think you should know! We’ll discuss commissions vs. fees, suitability vs. fiduciary responsibility and more.
What exactly is a financial plan? The term gets thrown around a lot in our industry. Is it a 100 page document with charts and graphs? Is it just a bunch of projections? On today’s episode, Caleb and Jason talk about what a living, breathing financial plan should look like.
","summary":"The Drink: Smoked Old Fashioned\r\nThe Topic: Misconceptions About Financial Planning","date_published":"2022-09-28T01:00:00.000-04:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/2e227dbd-0aaf-4517-9439-02d62b9537a5/4d8a1075-913c-41a6-846a-ddfa46c087a2.mp3","mime_type":"audio/mpeg","size_in_bytes":28362214,"duration_in_seconds":1846}]},{"id":"ee0607f8-a819-4114-bde5-683c95761866","title":"Should You Contribute To An IRA?","url":"https://oldfashionedfinance.fireside.fm/75","content_text":"The Drink: Nutty Irishman\nThe Topic: Deducible vs. Non-Deductible IRAs\nOn today’s insanely practical episode, Caleb and Jason discuss deductible versus non-deductible IRAs, “backdoor” Roth contributions and the “cream in the coffee” rule. The tax code can get pretty murky, so make sure you are doing it right!","content_html":"The Drink: Nutty Irishman
\nThe Topic: Deducible vs. Non-Deductible IRAs
\nOn today’s insanely practical episode, Caleb and Jason discuss deductible versus non-deductible IRAs, “backdoor” Roth contributions and the “cream in the coffee” rule. The tax code can get pretty murky, so make sure you are doing it right!
The Drink: Suffering Rascal
\nThe Topic: Retirement Checklist
\nYou’ve put in the time. You’ve saved your money. You’ve mapped out your dream retirement. So now what? On today’s episode Caleb and Jason provide a checklist of things you’ll need to do next to ensure a smooth transition into retirement.
The Drink: Fog Cutter
\nThe Topic: Income Taxation
\nDid you know that various forms of income are taxed differently? Did you know that individuals and trusts/ estates have different tax brackets? On this week’s episode, Caleb and Jason cut through the fog of income taxation. Learn more about how taxes impact your financial plan.
The Drink: The Man o’ War
\nThe Topic: Active vs. Passive Investment Strategies
\nSince the adoption of passive investment strategies in 1975, the debate has been raging. Which is better? Active or passive investing. On this week’s episode, Caleb and Jason discuss the pros and cons of both.
The Drink: Vesper
\nThe Topic: Series I Bonds
\nOn today’s show, Caleb and Jason address a question posed by clients in recent weeks. What are Series I Bonds, and do they present an opportunity during inflationary periods? When given the chance to talk about bonds, we couldn’t resist visiting a cocktail made famous by James Bond. You asked for it. Bonds… I bonds.
The Drink: The ABC Cocktail
\nThe Topic: Professional Designations
\nHave you ever looked at your financial advisor’s business card and wondered what all the letters behind their name means? On today’s show Caleb and Jason discuss some of the most commonly used financial/ professional designations, what they mean, and how they apply to you as a client.
The Drink: High Horse
\nThe Topic: A Primer on The Fed and Monetary Policy
\nUnless you’ve been living under a rock, you’ve heard a lot about the Fed lately. Discussions around if and when to raise interest rates, and by how much have been rampant. You may be wondering “Who is the Fed anyway, and what impact do they have on my finances?”. If so, tune in for these answers and more!
The Drink: Bourbon Lemonade
\nThe Topic: 3 Things To Do In A Bear Market
\nOn this week’s episode, Caleb and Jason discuss 3 strategies for taking advantage of bear markets. Stocks usually go up, but when they don’t, there are ways you can still win! When the markets give you lemons, make lemonade!
The Drink: The Baptist Mule
\nThe Topic: How To Teach Older Kids About Money
\nThis week the older kids are joining the show. We’ll talk about how to teach older kids money concepts like saving, spending, and investing. We get into various types of accounts and savings strategies to set your young adults up for the future!
The Drink: Nojito
\nThe Topic: How To Teach Young Kids About Money
\nLast time we talked about why it is so important to teach kids about money. On this week’s show we’ll talk about how to actually go about teaching young kids. We’ll share fun and practical ideas for introducing younger children to money topics like saving, spending, and giving. Joining the show this week are special guests, Owen, Bernadette, and Max!
The Drink: The Bee’s Knees
\nThe Topic: Keeping Up With The Joneses
\nWhat does it mean to keep up with the Joneses? Who are the Joneses anyway, and why do we care about what they think? Are they actually successful or are they broke? On this week’s episode Caleb flies solo and talks about people’s need to keep up the appearance of success. As it turns out, appearances are often deceiving.
The Drink: Shirley Temple
\nThe Topic: The Importance of Teaching Kids About Money
\n The kids are taking over! On this week’s show, Caleb and Jason kick off a new series, “How To Teach Kids About Money”. Over the next couple of weeks, Caleb and Jason will be discussing the importance of teaching kids about money, and how to go about teaching kids of different ages. Joining them this week with some delicious “mocktails” are special guests, Olivia and Titus!
The Drink: Pina Colada
\nThe Topic: Vacation!
\nVacations are an easy way to break the budget. Some people use vacation as an excuse to abandon their budget. And for that reason, many people avoid taking them altogether. On today’s show, Caleb and Jason talk about balancing the need for vacation with the need to spend responsibly. T’is the season!
The Drink: The Gibson
\nThe Topic: Paying for College
\nMost parents agonize over paying for their kids’ college education. In many cases they end up sacrificing their own financial freedom on the altar of higher education. While admirable, it may or may not be the right financial move for you. Listen in as Caleb and Jason weigh in on the topic.
The Drink: The Clover Club
\nThe Topic: Timeshares
\nTimeshares can be a very polarizing topic in the world of finance. Caleb and Jason certainly have an opinion! On today’s episode the boys explain how timeshares work. Is it real estate? Is it an investment? Is it a good idea? Listen in to find out more.
The Drink: The Frisco
\nThe Topic: 401(k) Loans
About 20% of eligible individuals have 401(k) loans. That’s a lot! On today’s show Caleb and Jason will discuss the ins and outs, the pros and cons, and ultimately if they are for ‘em or again’ ‘em. Listen in for an honest assessment of the merits and pitfalls of using your retirement account for financing other goals.
","summary":"The Drink: The Frisco\r\nThe Topic: 401(k) Loans","date_published":"2022-06-08T01:00:00.000-04:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/2e227dbd-0aaf-4517-9439-02d62b9537a5/618a4fd0-8c09-4206-9043-b840499d1ab7.mp3","mime_type":"audio/mpeg","size_in_bytes":27976178,"duration_in_seconds":1770}]},{"id":"e5dafda6-c828-42fb-a86c-40a571bf4dbf","title":"Mind The Gap! Medicare That Is…","url":"https://oldfashionedfinance.fireside.fm/59","content_text":"The Drink: Mish Mash\nThe Topic: Bridging The Gap to Medicare\nOn this week’s episode, Caleb and Jason get into the nitty gritty of retiring before Medicare age. They talk about the many misconceptions that keep many people from retiring “early”. If you think you have no health insurance options before Medicare age, think again…","content_html":"The Drink: Mish Mash
\nThe Topic: Bridging The Gap to Medicare
\nOn this week’s episode, Caleb and Jason get into the nitty gritty of retiring before Medicare age. They talk about the many misconceptions that keep many people from retiring “early”. If you think you have no health insurance options before Medicare age, think again…
The Drink: Mai Tai
\nThe Topic: Windfall Events
\nA windfall is an unexpected financial gain. On this week’s episode Caleb and Jason will talk through 7 things that you can do to make the most of a windfall event. They’ll also talk about how to make clear headed and informed decisions as windfalls often come with a lot of emotion.
The Drink: The Preakness
\nThe Topic: NFTs (Non-Fungible Tokens)
On this week’s episode Caleb and Jason enter the brave new world that is NFTs. Listen in as they debate if/ when they belong in your investment strategy. You’ve probably heard a lot about NFTs lately, but hopefully after listening to this one, you will be able to join the conversation!
","summary":"The Drink: The Preakness\r\nThe Topic: NFTs (Non-Fungible Tokens)\r\n","date_published":"2022-05-18T01:00:00.000-04:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/2e227dbd-0aaf-4517-9439-02d62b9537a5/e6356a39-df55-4e9a-8190-56edf790ae65.mp3","mime_type":"audio/mpeg","size_in_bytes":26425691,"duration_in_seconds":1771}]},{"id":"326e0519-ff53-4519-9042-d7cda3a7ad35","title":"How To Prepare For A Recession","url":"https://oldfashionedfinance.fireside.fm/56","content_text":"The Drink: Tuxedo No. 2\nThe Topic: Preparing for Recessions\nThis week the boys are talking about how to prepare for the big R word. We’re not talking about retirement this time! Listen in for tips, tricks, and good old fashioned practical advice on preparing for the next recession!","content_html":"The Drink: Tuxedo No. 2
\nThe Topic: Preparing for Recessions
\nThis week the boys are talking about how to prepare for the big R word. We’re not talking about retirement this time! Listen in for tips, tricks, and good old fashioned practical advice on preparing for the next recession!
The Drink: Paloma
\nThe Topic: Budgeting For A Home
\nOn this week’s episode, Caleb and Jason dig into the nuts and bolts of homebuying. They’ll talk about various types of mortgage loans, financing options, fees, and most importantly how to budget for the right home. If you’ve ever wondered how much home you can responsibly afford, this one is for you.
The Drink: The Gimlet
\nThe Topic: Credit Scores
\nPeople have a lot of misconceptions about their credit score. On this week’s episode Caleb and Jason help you separate fact from fiction. They’ll talk about what goes into your credit scores well as ways to build or improve credit. You won’t want to miss this one!
The Drink: New York Sour
\nThe Topic: Sinking Funds
\nHave you ever been “surprised” by a predictable expense or event? This week Caleb and Jason dive into the wonderful world of sinking funds. They’ll explain what a sinking fund is, how to set one up, and the best ways to fund one. So the next time the washing machine breaks, or the car needs tires, you won’t have to reach for the credit card!
We’ve talked about financial freedom in your 20s, 30s, 40s, and 50s. But what about when you are actually retired? As it turns out, not everyone who is retired actually enjoys financial freedom. On today’s episode Caleb and Jason conclude the series on financial freedom, and explore what it means to really be free in your golden years, as well as things to avoid.
","summary":"The Drink: Barrel Aged Gin & Tonic\r\nThe Topic: What is Financial Freedom?","date_published":"2022-04-13T01:00:00.000-04:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/2e227dbd-0aaf-4517-9439-02d62b9537a5/ee83d390-14e2-4aaf-a4da-f0d862346c18.mp3","mime_type":"audio/mpeg","size_in_bytes":30198035,"duration_in_seconds":1981}]},{"id":"b4c8d9fb-e18c-4549-9050-230b742f4ec5","title":"Financial Freedom in Your 40s & 50s","url":"https://oldfashionedfinance.fireside.fm/51","content_text":"The Drink: Barrel Age Gin Martini\nThe Topic: What Is Financial Freedom?\nLast week we talked about what financial freedom looks like in your 20s and 30s. This week Caleb and Jason will explore financial freedom in your 40s and 50s. These are typically your highest earning years, but they also come with unique challenges. Learn how to make the most of your retirement red zone on today’s show.","content_html":"The Drink: Barrel Age Gin Martini
\nThe Topic: What Is Financial Freedom?
\nLast week we talked about what financial freedom looks like in your 20s and 30s. This week Caleb and Jason will explore financial freedom in your 40s and 50s. These are typically your highest earning years, but they also come with unique challenges. Learn how to make the most of your retirement red zone on today’s show.
The Drink: Barrel Aged Gin Old Fashioned
\nThe Topic: What Is Financial Freedom?
\nThis week Caleb and Jason kick off a new 3 part series. Have you ever wondered what financial freedom really is? What it means? How to achieve it? Or even why pursue it? On today’s show they will explore what financial freedom looks like in your 20s and 30s, and some simple things you can do early on in your financial journey.
The Drink: Bull and Bear Cocktail
\nThe Topic: How To Handle Market Declines
\nPullbacks, corrections, and bear markets, oh my! Most of the time the stock market goes up, but what about when it doesn’t? Caleb and Jason spend this week’s episode explaining and defining the different types of market declines, and what to do when they go down. Spoiler alert: less is more! Listen in as they share data from pullbacks, corrections and bear markets past, and the good times that have always followed.
The Drink: Four Roses Small Batch Select
\nThe Topic: Selling a Small Business
It’s the epic conclusion of our Small Business Small Batch miniseries. On today’s show Jason and Caleb discuss when it’s time to sell your small business. They’ll talk about succession planning, business valuations and how to know when it’s time to step away.
","summary":"The Drink: Four Roses Small Batch Select\r\nThe Topic: Selling a Small Business","date_published":"2022-03-16T01:00:00.000-04:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/2e227dbd-0aaf-4517-9439-02d62b9537a5/7a34829a-2205-47a1-9150-b25b924d7b1b.mp3","mime_type":"audio/mpeg","size_in_bytes":29914901,"duration_in_seconds":1947}]},{"id":"d9d11da5-81a6-4b04-81d6-d37b8d4cb8c8","title":"Small Business Small Batch: Running a Small Business","url":"https://oldfashionedfinance.fireside.fm/47","content_text":"The Drink: Michter’s Small Batch US-1\nThe Topic: Running a Small Business\nOn this week’s episode we continue with our Small Business Small Batch miniseries. We’ll dig into the day to day operation of a small business with topics like structuring your business, creating a culture, and how to develop and retain talent. Whether you are a business owner or are considering starting your own business, you won’t want to miss this one!","content_html":"The Drink: Michter’s Small Batch US-1
\nThe Topic: Running a Small Business
\nOn this week’s episode we continue with our Small Business Small Batch miniseries. We’ll dig into the day to day operation of a small business with topics like structuring your business, creating a culture, and how to develop and retain talent. Whether you are a business owner or are considering starting your own business, you won’t want to miss this one!
The Drink: Elijah Craig Small Batch
\nThe Topic: Starting a Small Business
\nAfter a brief pause for client meetings, the boys are at it again! This week we are kicking off a new series of Small Business Small Batch episodes! We’ll discuss the excitement, the stress, and the reward of starting a small business. Listen in as Jason Bernal draws on his experience of founding Blue Jay Financial Group. Hey, that’s us!
The Drink: The Scofflaw
\nThe Topic: Mega Backdoor Roth
As we’ve stated in the past, Roth IRAs are just about the best thing out there when it comes to retirement. What could be better, you ask? On this week’s show Jason and Caleb explore the Mega Backdoor Roth! That’s right, MEGA! Listen and learn as they enjoy an old timey prohibition era cocktail, the Scofflaw.
","summary":"The Drink: The Scofflaw\r\nThe Topic: Mega Backdoor Roth","date_published":"2022-02-02T02:00:00.000-05:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/2e227dbd-0aaf-4517-9439-02d62b9537a5/0d03657e-61ce-4359-8a89-c3d115ab2ddc.mp3","mime_type":"audio/mpeg","size_in_bytes":25289435,"duration_in_seconds":1764}]},{"id":"cf771c2d-69bf-4fbf-bc22-8a155081a66b","title":"Income Tax Cocktails and How to Survive Tax Season","url":"https://oldfashionedfinance.fireside.fm/44","content_text":"The Drink: The Income Tax Cocktail\nThe Topic: Tax Time!\nIt’s tax time, folks!. There are forms to gather, deadlines to hit, checks to be written… What could possibly go wrong?! On this week’s episode Jason and Caleb talk about everyone’s favorite time of year. Why are people so stressed? What common mistakes can you avoid? Learn how to set yourself up for a successful 2022 tax season.","content_html":"The Drink: The Income Tax Cocktail
\nThe Topic: Tax Time!
\nIt’s tax time, folks!. There are forms to gather, deadlines to hit, checks to be written… What could possibly go wrong?! On this week’s episode Jason and Caleb talk about everyone’s favorite time of year. Why are people so stressed? What common mistakes can you avoid? Learn how to set yourself up for a successful 2022 tax season.
The Drink: Rum Rickey
\nThe Topic: How Much Should You Have Saved at Age 30, 40, 50 and so on…
\nA recent article talks about how much you should have saved at various ages for retirement. We see and read articles like this every year. On this week’s episode, Jason and Caleb discuss their merits as well as the dangers of putting too much stock in them. Find out how they really feel, while enjoying some refreshing Rum Rickeys!
The Drink: The Grandfather
\nThe Topic: Inheriting Retirement Accounts
At some point in your life you may inherit a retirement account or two. Or seven. And if losing a loved one isn’t hard enough, you will be presented with some difficult decisions when it comes to settling these types of accounts properly. On this week’s episode, Jason and Caleb explain the rules, and tell you how you can best handle distributions from inherited accounts.
","summary":"The Drink: The Grandfather\r\nThe Topic: Inheriting Retirement Accounts","date_published":"2022-01-12T01:00:00.000-05:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/2e227dbd-0aaf-4517-9439-02d62b9537a5/94ca03ef-8fef-406d-89e7-aad2bf5091fa.mp3","mime_type":"audio/mpeg","size_in_bytes":27480605,"duration_in_seconds":1855}]},{"id":"04b94163-fdc9-493d-a0e0-903b74d60f46","title":"Rye Old Fashioned, Classic Cocktail Glass Sizes, and When Farm Ground You Inherit Is A Bad Investment","url":"https://oldfashionedfinance.fireside.fm/41","content_text":"The Drink: Rye Old Fashioned\nThe Topic: Inherited Farm Ground\nJason flies solo this week and revisits his best performing blog post of 2021 “When Farm Ground You Inherit Is A Bad Investment”. Inheritance can be a blessing, but this particular item is full of even more emotion than normal and Jason breaks down the numbers and the emotions related to inherited farm ground. ","content_html":"The Drink: Rye Old Fashioned
\nThe Topic: Inherited Farm Ground
\nJason flies solo this week and revisits his best performing blog post of 2021 “When Farm Ground You Inherit Is A Bad Investment”. Inheritance can be a blessing, but this particular item is full of even more emotion than normal and Jason breaks down the numbers and the emotions related to inherited farm ground.
The Drink: French 75
\nThe Topic: FInancial Resolutions for the New Year
\nIt’s time to ring in the new year! On this week’s episode the Jasons and Caleb discuss some resolutions that are worth keeping. If you are looking to get on track for 2022, listen up! The boys go way back to prohibition times for the New Year’s Eve cocktail, the French 75.
The Drink: Cranberry Bourbon Cocktail
\nThe Topic: Inflation
It’s the Christmas episode, so this week the boys are talking about the..the…the…The GRINCH! Well not really, but kind of. They’ll dive into the topic of inflation and the impact it has on your savings and retirement plans. Join Jason and Caleb as they enjoy a Christmas party cocktail to share with family and friends. Merry Christmas!
","summary":"The Drink: Cranberry Bourbon Cocktail\r\nThe Topic: Inflation","date_published":"2021-12-22T01:00:00.000-05:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/2e227dbd-0aaf-4517-9439-02d62b9537a5/a178c4e9-ed08-4bd4-8b0e-be99afe0faad.mp3","mime_type":"audio/mpeg","size_in_bytes":26672055,"duration_in_seconds":1813}]},{"id":"3056840f-6cb9-42df-99eb-83ea7cd86609","title":"Dude...Dollar-Cost Averaging","url":"https://oldfashionedfinance.fireside.fm/38","content_text":"The Drink: The White Russian\nThe Topic: Dollar Cost Averaging\nOn today’s show Jason and Caleb are talking about dollar-cost averaging. Chances are you’ve heard about it, but may be wondering what it actually means. What are the benefits? Is it actually the best way to invest long-term? What are the behavioral advantages? Tune in for the answers, and don’t forget the White Russians, dude.","content_html":"The Drink: The White Russian
\nThe Topic: Dollar Cost Averaging
\nOn today’s show Jason and Caleb are talking about dollar-cost averaging. Chances are you’ve heard about it, but may be wondering what it actually means. What are the benefits? Is it actually the best way to invest long-term? What are the behavioral advantages? Tune in for the answers, and don’t forget the White Russians, dude.
The Drink: Stagg Jr.
\nThe Topic: Cognitive Bias
\nThe boys landed a unicorn bourbon to try on the show! This week Jason and Caleb explore the world of behavioral finance. They’ll be talking about some common cognitive biases that can get in the way of making good financial decisions, and how to avoid them.
The Drink: The Martinez
\nThe Topic: Credit Cards
\nEveryone has an opinion on credit cards. This week Jason and Caleb discuss the many pros and cons of using credit cards. They’ll talk about some common misconceptions and the pitfalls for using them incorrectly. For this week’s cocktail, the boys are going back to the old timey days to try a classic, the Martinez.
The Drink: Applejack Sour
\nThe Topic: Financial Gratitude
\nOn this week’s episode, Jason and Caleb bring you a great cocktail recipe to share at the Thanksgiving table. Mix up an Applejack Sour and join the conversation about financial gratitude (and the regular kind too). It’s an episode for thanks and giving! We love you. Get used to it, we say it now.
The Drink: The Sazerac
\nThe Topic: Roth Conversions
\nThe Sazerac is a classic N’awlins drink with a rich history. The Roth IRA is a classic way to establish a rich future. This week, Jason and Caleb talk about the importance of developing a strategy for converting traditional retirement assets into Roth assets. They’ll talk about the pros of executing these conversions successfully, and the cons of messing it up. Get ready to work that tax code, folks!
The Drink: Campfire Sling
\nThe Topic: Early Retirement Withdrawals
\nFor most Americans, retirement accounts make up the bulk of their assets. Which is probably why so many people take early withdrawals when expenses come up. But does it ever really make sense to take money from retirement accounts early? This week Jason and Caleb will dive into if and when it makes sense. They’ll put some math behind it while sipping on a great fall inspired drink, the Campfire Sling!
The Drink: Hot Buttered Rum
\nThe Topic: Qualified Charitable Distributions
\nDeferred retirement accounts are great, but taxes can’t be deferred forever. Or can they? Jason and Caleb talk about the required minimum distribution and what that means for your retirement accounts. You’ll also learn how charitable distributions from retirement accounts can mean tax savings and amplified giving. You won’t want to miss these hot tips on giving!
The Drink: Apple Cider Manhattan
\nThe Topic: The Wonders of Compound Interest
\nWelcome to the wonderful world of compound interest! We’ve all heard of it, but how does it actually work? Spoiler Alert: It’s not rocket science! This week Jason and Caleb talk about how compounding can work in your favor or against you. More importantly they’ll also discuss the practical applications for your finances. Sit back and enjoy the show with a delicious fall twist on a classic cocktail, the Apple Cider Manhattan.
The Drink: Dark & Stormy
\nThe Topic: Risk Tolerance
\nToo much time and energy is spent on matching up risk tolerance with how portfolios are invested. But why? Is time horizon more important? Listen as Jason and Caleb talk about what risk tolerance is, and why it’s value is oftentimes overstated. They mix up some Dark & Stormy cocktails while they are at it.
The Drink:Maple Old Fashioned
\nThe Topic: Order of Savings
\nYou probably understand the importance of saving for the future. But how can you be sure that you are putting money in all the right places? Could you be leaving free money on the table!? This week, the Jasons and Caleb sit down to discuss the order of savings. 401(k)s and IRAs and HSAs, oh my!
The Drink: Jefferson’s Ocean Aged At Sea Voyage 23
\nThe Topic: Becoming Self Employed
\nSo you want to be self-employed. It sounds great! We are big supporters of small business and the benefits it offers to the owners and society, but it’s not all roses. Join Jason and Jason B. as they talk about how to take the leap to becoming self-employed, what to watch out for, and what they wish they knew when they started!
The Drink: Rob Roy
\nThe Topic: 401k Rollovers
\nIt’s the age old question. Should you rollover your 401k or not? While it can be confusing, it's not rocket science. Caleb and Jason discuss when it makes sense to rollover your old retirement plan, and when you should leave it alone. Sit back and enjoy this twist on the classic Manhattan, the Rob Roy!
The Drink: El Presidente
\nThe Topic: Retirement Distributions
\nYou’ve saved. You’ve invested. You’ve put in the hard work. Now it’s time to flip the switch! Sounds easy, right? Not so fast, my friend. Listen as Jason and Caleb discuss 3 pitfalls that can wreck your plan for distributions in retirement. On this week’s episode the boys mix up a forgotten classic, the El Presidente.
The Drink: Rolls Royce
\nThe Topic: New Car vs. Used Car
\nShould you buy a new or used car? Is leasing ever a good option? How much should you really spend? These are all good questions. Jason and Caleb answer these and more on this week’s episode of Old Fashioned Finance. Join the fun with a perfect pairing: the Rolls Royce cocktail, a luxury twist on a classic martini. This one’s gonna be fancy!
The Drink: 1792 Small Batch
\nThe Topic: Small Business Retirement Plans
\nIf you are a small business owner, or you work for a small business owner, this one’s for you. Listen in as Caleb and Jason B. discuss the nuts and bolts of the most common small business retirement plans. Don’t worry, they keep things SIMPLE and focus on how these plans can work for you! This week the boys are enjoying a pour of 1792 Small Batch bourbon.
The Drink: The Brooklyn
\nThe Topic: Mutual Funds
\nWhat the heck is a mutual fund anyway? They may sound confusing, but don’t need to be. On this week’s episode Jason & Caleb explain the basics. Sit back, relax, and mix up a Brooklyn (a unique take on Manhattans) and enjoy the conversation.
The Drink: Tom Collins
\nThe Topic: Do You Need A Trust?
\nEstate planning can be tricky to say the least, and trusts can be a valuable tool in the right situation. But how do you know if a trust is appropriate for you, or if you’re just being sold by a smooth talking salesman? Jason and Caleb clear up some common misconceptions while enjoying a summer classic: The Tom Collins.
The Drink: The Improved Brandy Cocktail
\nThe Topic: 7 Lies Financial Advisors Tell
\nHave you ever wondered if your financial advisor is telling the truth? Are they really looking out for you? Jason and Caleb talk about 7 lies financial advisors tell, and how to spot them.
The Drink: Mojito
\nThe Topic: Retirement Preparation
\nAre you prepared for retirement? Regardless of where you are in your journey, there’s work to be done today! Listen as Jason and Caleb share 5 essential steps to take before pushing the button. And no, drinking a Mojito is not on the list, but you should do that anyway.
The Drink: Vieux Carré
\nThe Topic: Everyone that has looked into investing even a little bit has probably heard that diversifying is a good thing, but what exactly does it mean? Jason and Caleb talk about what diversification is and what it isn’t and how it can help you while drinking a New Orleans based spin on the Manhattan: the Vieux Carré.
The Drink:Bloody Mary
\nThe Topic: Personal Balance Sheet
\nGoing hand in hand with your budget should be a personal balance sheet. But how do you go about creating one? How often should you update it? It’s easier than you think. Jason and Caleb somehow manage to mix up vodka based drinks in back to back weeks and try Bloody Marys for the first time.
The Drink:Harvey Wallbanger
\nThe Topic: Annuities
\nAnnuities are one of the most oversold and least understood products out there. So what is the disconnect? Who actually needs one? Listen as Jason and Caleb debate while sharing an interesting take on the Screwdriver cocktail, the Harvey Wallbanger.
The Drink:Delilah AKA The White Lady AKA Chelsea Sidecar
\nThe Topic: Financial Infidelity
\nThere are few things as damaging to a relationship as financial infidelity. But what exactly is financial infidelity? Are you hiding assets or debt? Are you honest about spending? Are you cheating? How can you prevent it?
The Drink: The Manhattan
\nThe Topic: How To Invest In Your 401(k)
\nWe all have a tendency to overcomplicate things, especially when it comes to investing. Jason and Caleb aim to simplify investing in 401(k) and other employer sponsored retirement plans. After all, it’s not rocket science!
The Drink: Moscow Mule, Kentucky Mule, Mexican Mule, Gin Gin Buck
\nThe Topic: Do You Really Need A Budget?
\nBudgeting is something that we would all agree is a good thing. But does everyone need a formal budget? Jason and Caleb get to the heart of it while enjoying variations of a classic budget cocktail.
The Drink: Gin and Tonic
\nThe Topic: Health Savings Accounts
\nHealth savings accounts are often overlooked and underutilized in the retirement planning process. Jason & Caleb discuss ways to incorporate the HSA as an effective tool for your retirement utility belt.
The Drink: The Whiskey Smash
\nThe Topic: How Much Cash Is Too Much Cash?
\nIs there such a thing as too much cash? Jason & Caleb debate different rules of thumb for emergency funds, while enjoying a pre-prohibition classic: the whiskey smash.
The Drink: Long Island Iced Tea
\nThe Topic: How Important Is It To Have Multiple Streams of Income?
\nDescription: Having multiple streams of income seems like a prerequisite to building wealth. Jason & Caleb talk about the importance of having multiple streams of income and talk about a drink with multiple streams of liquor!
The Drink:Moonshine Cocktails
\nThe Topic: Bitcoin, Cryptocurrencies, and the Blockchain
\nThe Question: What is Bitcoin and Should You Own It?
\nDescription: Some people think that Bitcoin is a good replacement for fiat currency. Jason and Caleb learn that moonshine is a great replacement for vodka! Listen as they detail their recent visit to Flatrock Distilling Company and discuss the legitimacy of Bitcoin as a currency, and an investment.
The Drink: The New Fashioned (New Riff Cocktails)
\nThe Topic: A Primer on Roth IRAs
\nThe Question: What is a Roth IRA? Who Can Contribute and How Much?
\nDescription: Jason and Caleb talk about their recent visit to the New Riff Distilling in Newport KY, and dive into the basics of Roth IRAs.
The Drink: Margarita
\nThe Question: What makes a millionaire?
A recent study by the Ramsey group, an old classic book by Thomas Stanley, as well as dozens of personal interactions with millionaires has given Jason & Caleb some insight into what millionaires look like today. They talk about common traits of millionaires and give some practical advice on how to become a financially independent millionaire yourself.
","summary":"There are millionaires among us - those with the ability to be anyone they want to be.","date_published":"2021-05-19T01:00:00.000-04:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/2e227dbd-0aaf-4517-9439-02d62b9537a5/944afa9d-c6ad-4ae7-a0d1-97aefe607092.mp3","mime_type":"audio/mpeg","size_in_bytes":58096074,"duration_in_seconds":3646}]},{"id":"2d27c332-f470-4ecd-aa47-76508a48ad0a","title":"Driving Miss Daisy: Sidecars & Social Security","url":"https://oldfashionedfinance.fireside.fm/7","content_text":"The Drink: The Sidecar\nThe Question: Should I Count on Social Security?\nSocial Security is less than 100 years old and is a huge factor in most Americans retirement plans. Jason & Caleb give an introduction into the system as a primer for more in depth social security planning giving good information for those retiring soon and for those that think they’ll never see a dime from the social security administration.\n\nhttps://bluejayfg.com/social-security-flowcharts/","content_html":"The Drink: The Sidecar
\nThe Question: Should I Count on Social Security?
\nSocial Security is less than 100 years old and is a huge factor in most Americans retirement plans. Jason & Caleb give an introduction into the system as a primer for more in depth social security planning giving good information for those retiring soon and for those that think they’ll never see a dime from the social security administration.
https://bluejayfg.com/social-security-flowcharts/
","summary":" How FDR’s New Deal Invented Retirement in America","date_published":"2021-05-12T01:00:00.000-04:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/2e227dbd-0aaf-4517-9439-02d62b9537a5/2d27c332-f470-4ecd-aa47-76508a48ad0a.mp3","mime_type":"audio/mpeg","size_in_bytes":53972726,"duration_in_seconds":3485}]},{"id":"b03cc225-9bbf-4907-bc1e-2a8920004532","title":"The Derby Episode - Mint Juleps and Market Madness","url":"https://oldfashionedfinance.fireside.fm/6","content_text":"Is investing your money in the market akin to gambling on the ponies? Jason and Caleb explain why investing is not gambling.","content_html":"Is investing your money in the market akin to gambling on the ponies? Jason and Caleb explain why investing is not gambling.
","summary":"The Derby. Is investing gambling?","date_published":"2021-05-05T06:00:00.000-04:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/2e227dbd-0aaf-4517-9439-02d62b9537a5/b03cc225-9bbf-4907-bc1e-2a8920004532.mp3","mime_type":"audio/mpeg","size_in_bytes":54077749,"duration_in_seconds":3454}]},{"id":"4e52be6f-8371-4c8a-b664-4b442dcaabd4","title":"My Heart Will Go on….and on and on. Part 2.","url":"https://oldfashionedfinance.fireside.fm/5","content_text":"The Drink: Campari based cocktails (Negroni & Americano)\nWhen is it a good idea to get long term care insurance? Continuing the discussion on the icebergs that sink financial plans, Jason & Caleb talk about other insurances you may need: health, disability, property & casualty, liability, and long term care. ","content_html":"The Drink: Campari based cocktails (Negroni & Americano)
\nWhen is it a good idea to get long term care insurance? Continuing the discussion on the icebergs that sink financial plans, Jason & Caleb talk about other insurances you may need: health, disability, property & casualty, liability, and long term care.
The Drink: Jack Rose
\nHow do you fill the gaps in your plan? Caleb and Jason mix up a forgotten classic: the Jack Rose and tie in the story of the Titanic to risk management! In this episode they discuss what kind of life insurance to buy, how much, and especially debate buying term life vs. whole life.
The Drink: Daiquiri
\nThe Topic: Saving for Your Kids’ College
We know you probably think of college kids drinking frozen fruit smoothies when you hear the word daiquiri...we did! But the daiquiri is one of Embury’s 6 essential cocktails for a reason and we’re going to be sipping on some while talking about how you can plan to help your kids pay for college. How much is too much? Should you even try to pay for their college? Jason and Caleb draw on experience from helping clients as financial planners to talk about the problem of financing the biggest help to making more money: education.
","summary":"Saving and Paying For Your Kids’ College","date_published":"2021-04-14T01:00:00.000-04:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/2e227dbd-0aaf-4517-9439-02d62b9537a5/fdafc7c7-7c79-4158-881f-2ce5751af929.mp3","mime_type":"audio/mpeg","size_in_bytes":50364485,"duration_in_seconds":3323}]},{"id":"aa5667e3-2b53-4399-9238-d3f6b6ebe70c","title":"GoldenEye - Martinis & Gold","url":"https://oldfashionedfinance.fireside.fm/2","content_text":"The Drink: Martini\nThe Topic: Where does gold fit in a good investment strategy?\n\nThe gold rush brought the United States…. GOLD and made many people rich. What many people may not know is that it also brought us the Martini - one of the James Bondiest drinks of all time. Is it smart to invest in gold? Physical gold? Gold ETFs? Jason and Caleb ruin chances of being sponsored by gold selling companies while talking about Martinis and investing in gold.","content_html":"The Drink: Martini
\nThe Topic: Where does gold fit in a good investment strategy?
The gold rush brought the United States…. GOLD and made many people rich. What many people may not know is that it also brought us the Martini - one of the James Bondiest drinks of all time. Is it smart to invest in gold? Physical gold? Gold ETFs? Jason and Caleb ruin chances of being sponsored by gold selling companies while talking about Martinis and investing in gold.
","summary":"The gold rush brought the United States…. GOLD and made many people rich. ","date_published":"2021-04-07T01:00:00.000-04:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/2e227dbd-0aaf-4517-9439-02d62b9537a5/aa5667e3-2b53-4399-9238-d3f6b6ebe70c.mp3","mime_type":"audio/mpeg","size_in_bytes":54881437,"duration_in_seconds":3703}]},{"id":"4ea9f0e6-6294-4680-bf45-0bdd8d76c177","title":"Old Fashioneds on the Old Fashioned Finance Podcast Volume IV: From Fear Through The Eyes of Madness Episode 1 (or we could call it “pilot”)","url":"https://oldfashionedfinance.fireside.fm/1","content_text":"The Drink: Old Fashioned\nThe Topic: Debating Debt Payoffs vs. Investing Now\n\nJason and Caleb explore the original cocktail: the old fashioned and debate whether it’s ever a good idea to put off investing when you’re in debt.","content_html":"The Drink: Old Fashioned
\nThe Topic: Debating Debt Payoffs vs. Investing Now
Jason and Caleb explore the original cocktail: the old fashioned and debate whether it’s ever a good idea to put off investing when you’re in debt.
","summary":"Jason and Caleb explore the original cocktail: the old fashioned and debate whether it’s ever a good idea to put off investing when you’re in debt.","date_published":"2021-03-31T01:00:00.000-04:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/2e227dbd-0aaf-4517-9439-02d62b9537a5/4ea9f0e6-6294-4680-bf45-0bdd8d76c177.mp3","mime_type":"audio/mpeg","size_in_bytes":49247523,"duration_in_seconds":3155}]},{"id":"a5e43963-5dc5-4f52-b2f5-d457adbca8b9","title":"Welcome To The Old Fashioned Finance Podcast","url":"https://oldfashionedfinance.fireside.fm/0","content_text":"Can a podcast about finance be entertaining? Not without alcohol! Welcome to Old Fashioned Finance: the podcast that mixes cocktails and high finance! Join your hosts Jason and Caleb each episode as they shake up some stories of money muddling that is sure to go down smooth! Cheers! ","content_html":"Can a podcast about finance be entertaining? Not without alcohol! Welcome to Old Fashioned Finance: the podcast that mixes cocktails and high finance! Join your hosts Jason and Caleb each episode as they shake up some stories of money muddling that is sure to go down smooth! Cheers!
","summary":"The podcast that mixes cocktails and high finance!","date_published":"2021-03-03T13:00:00.000-05:00","attachments":[{"url":"https://aphid.fireside.fm/d/1437767933/2e227dbd-0aaf-4517-9439-02d62b9537a5/a5e43963-5dc5-4f52-b2f5-d457adbca8b9.mp3","mime_type":"audio/mpeg","size_in_bytes":5270160,"duration_in_seconds":346}]}]}