New Focus On Wealth With Chad Burton

This podcast episode features certified financial planner Chad Burton and Rob Black discussing various financial topics related to retirement planning, tax strategies, and investment decisions. Chad highlighted the importance of careful financial planning, especially for those looking to retire early or maintain their lifestyle in retirement. He discussed income gaps, working after retirement, tax season issues, and the impact of recent laws on financial planning, such as the Secure 2.0 Act affecting 529 plans. Chad also emphasized the need for personalized financial advice and decision-making based on individual circumstances and goals. Additionally, the episode promoted an upcoming event in Lafayette, California, titled "Crafting Your Retirement," scheduled for Saturday, March 23rd. The event, hosted by Chad Burton and Stephanie Richmond, aimed to provide insights and strategies for retirement planning, tax-efficient investing, insurance considerations, and long-term care planning. Chad's expertise in finan

In this podcast, Chad and Rob discuss various aspects of personal finance, wealth management, and estate planning. Throughout the episode, Chad and Rob delved into topics such as stress testing financial plans, the importance of estate planning, and the evolution of wealth management strategies over time. They also touched on the significance of having a solid financial plan in place to navigate market volatility and potential risks, emphasizing the need for proper asset allocation and risk management. Additionally, the conversation covered the role of relationships in financial planning, the impact of tax law changes on investment strategies, and the importance of managing wealth effectively to secure financial stability. Chad highlighted the importance of staying informed about market trends, utilizing financial planning tools and software, and making informed decisions to protect and grow one's wealth over time. Timestamps: [00:03:02] Stress testing for financial plans. [00:04:47] Planning for long-ter

In this episode, Chad and Rob delve into the complexity of financial planning, covering topics such as insurance, investments, taxes, 401ks, stock options, and more. Chad emphasizes the importance of proactive and ongoing financial planning, highlighting how life changes at different stages require continuous adjustments to financial strategies. The discussion underscores that financial planning is a dynamic process, not a one-time event, with factors like market trends impacting retirement plans and spending decisions. Timestamps: [00:00:52] What is financial planning. [00:04:51] Asset Allocation in Retirement. [00:08:37] Financial advice on social media. [00:15:29] The great wealth transfer. [00:16:19] Estate planning and inheritance changes. [00:19:36] Leaving inheritance wisely. [00:25:54] Keeping Trusts Separate [00:28:47] Wealth management company factors. [00:31:00] Real estate investment insights. [00:35:08] Certified financial planner's role. Email your money question to chad@chadburton.com Call 1

On this episode, Chad and Rob discuss the recent market downturn and its impact on retirement planning. Chad highlights the importance of saving for retirement, citing statistics on savings across different generations. Chad invites listeners to an upcoming event focused on retirement readiness and financial planning strategies. Tune in to gain insights on managing your finances for a stress-free retirement. Timestamps: [00:03:51] Portfolio construction is key. [00:04:59] Tax efficiency and retirement planning. [00:09:29] Jeff Bezos financial moves [00:13:29] Tax-efficient portfolio construction. [00:17:47] The importance of retirement readiness. [00:22:14] Private Credit and Direct Lending. [00:25:32] Private real estate tax efficiency. [00:26:14] Real Estate Investment Trusts. [00:32:36] Real estate investment stories. [00:36:04] Real estate investment trusts. Email your money question to chad@chadburton.com Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.ChadBurton

Chad starts by discussing the upcoming event, "7 Steps for Retirement Readiness," which covers crucial aspects such as taxes, income, long-term care, safe money, investing, life goals, and health and wellness. He emphasizes the importance of this event in light of the challenges faced by investors in the current economic climate. Moving on, Chad delves into the world of investing, specifically focusing on the S&P 500, NASDAQ, and popular tech funds like XLK. He highlights the concentration of the S&P 500 in technology stocks and the need for diversification, especially as one approaches retirement and transitions from growth-focused investments to a more balanced portfolio. The discussion then shifts to the 4% rule, a guideline for determining retirement income. Chad explains that while the 4% rule is a useful starting point, it should not be blindly followed. He emphasizes the importance of having a comprehensive financial plan that considers factors like taxes, healthcare costs, and unexpected expen

In this episode, Chad & Rob provides valuable insights and advice on preparing for retirement. From wealth accumulation to wealth management, Chad covers the essential steps to ensure a secure and fulfilling retirement. Here's a breakdown of what was discussed in this episode: Retirement Phases: Chad explains the two main phases of retirement - wealth accumulation (age 20-60) and wealth management (age 60-100). He emphasizes the importance of planning for each phase and adapting to changing circumstances. Five Years Out: Chad highlights the significance of dialing in your expenses and practicing retirement. He discusses the importance of finding purpose in retirement and managing financial freedom. Steps to Retirement Readiness: Chad previews the upcoming event, "Seven Steps for Retirement Readiness," where he will delve deeper into the essential steps for a successful retirement. Topics include expense management, withdrawal strategies, social security planning, and more. Healthcare Considerat

The episode kicks off with a market update, discussing the performance of different indexes and highlighting the impact of China's economy on emerging markets. Chad also explores the challenges faced by regional banks and the potential risks associated with commercial loans and real estate investments. Moving on to retirement planning, Chad emphasizes the importance of knowing your expenses and understanding how they may change throughout different stages of retirement. He provides valuable insights into the 4% rule, which helps determine if your portfolio can sustain your desired lifestyle in retirement. Chad also touches on the significance of balancing your financial goals with your personal fulfillment, including travel plans, hobbies, and volunteer work. Throughout the episode, Chad shares practical tips and strategies, such as leveraging pledged asset lines to avoid selling securities, maximizing credit card rewards for travel, and navigating the complexities of timeshares. He also highlights the benefi

In this episode of New Focus on Wealth, certified financial planner Chad Burton dives into the important topics of retirement readiness and healthcare costs. Chad starts by discussing the seven steps to retirement readiness, which include assessing your financial situation, determining your asset allocation, and creating a withdrawal strategy. He emphasizes the importance of having enough safe money to cover expenses and the need for a proper tax plan to minimize taxes in retirement. The episode also delves into the rising healthcare costs in retirement. Chad highlights a study that reveals a typical US couple may need up to $413,000 to cover healthcare expenses in retirement, especially if they have high prescription drug needs. He explains the complexities of Medicare, supplemental plans, and the impact of income on healthcare costs. Throughout the episode, Chad emphasizes the need for individuals to prioritize their health and well-being in retirement. He encourages listeners to focus on maintaining a heal

In this episode, host Chad & Rob discusses the importance of building a retirement portfolio and proper asset allocation. Chad emphasizes the stages of wealth accumulation and management and introduces the seven steps for retirement readiness. He also announces an upcoming event in Menlo Park, California, where attendees with $500,000 or more in stock market assets can learn about various financial topics. Tune in to gain valuable insights on retirement planning and investment strategies. Timestamps: [00:01:02] Retirement portfolio and asset allocation. [00:03:53] Asset allocation in retirement. [00:09:03] A good year in 2023. [00:13:08] Asset allocation and diversification. [00:17:08] Commercial real estate trends. [00:19:08] Real estate occupancy rates. [00:23:31] A 60-40 portfolio's recovery. [00:28:29] The order of stock market returns [00:30:37] Reverse dollar cost averaging. [00:33:58] Planning for retirement expenses. Email your money question to chad@chadburton.com Call 1-888-762-2423 for Wealt

The episode kicks off with a discussion on the seven steps to retirement readiness. Chad emphasizes the need for a comprehensive financial plan that goes beyond just having enough savings. He highlights the importance of tax efficiencies, safe money allocation, and planning for long-term care costs. Listeners are encouraged to attend an upcoming event hosted by Chad, where he will delve deeper into these topics. Chad also delves into the concept of linear cash flow and its significance in retirement planning. He explains how to calculate the rate of return needed to ensure a comfortable retirement and stresses the importance of being conservative in projections. By using a rate of return just under 6%, Chad helps listeners assess the longevity of their retirement savings. The conversation then shifts to the challenges retirees face, including healthcare costs and the decision of when to take Social Security. Chad provides valuable insights on navigating Medicare, choosing supplemental insurance, and optimizin

The episode starts with a discussion on the potential rate cut by the Fed and its impact on the market. Chad also highlights the importance of diversifying your portfolio, especially if you are overweight in company stock. He shares strategies for reducing exposure to single company stock and maximizing tax benefits, including the net unrealized appreciation (NUA) tax strategy. Chad emphasizes the significance of understanding tax brackets and deductions in retirement planning. He explains how to leverage the standard deduction and capital gains tax brackets to minimize taxes and optimize your retirement income. Additionally, Chad provides valuable tips for improving your overall health, including cutting out sugar, processed foods, and alcohol, and incorporating intermittent fasting and infrared saunas. Timestamps: [00:01:13] Fed Day and rate cut. [00:06:28] First home buying challenges. [00:07:56] Commission-based stock trading. [00:11:41] Overweight in company stock. [00:17:22] Net unrealized appreciation

In this episode of New Focus on Wealth, certified financial planner Chad Burton dives into the important topics of retirement readiness and managing concentrated stock positions. Chad begins by sharing his personal experience attending his father's retirement party and reflecting on the concept of retirement. He then introduces the upcoming event, "Seven Steps for Retirement Readiness," hosted by EP Wealth Advisors, where he will be discussing crucial aspects of retirement planning such as taxes, income, long-term care, safe money, investing, life goals, and health and wellness. The conversation shifts to the recent rally in the market sparked by the anticipation of rate cuts by the Federal Reserve. Chad explains the implications of rate cuts and the potential impact on the economy. He also discusses the inverted yield curve and its historical correlation with recessions. The discussion then delves into the importance of asset allocation, specifically the balance between growth and value investments. Chad emp

In this episode of New Focus on Wealth, host Chad Burton discusses the current market conditions and the potential impact of interest rate cuts. He explains that there was a rally in both stocks and bonds at the end of 2023, driven by the expectation that the Fed would cut interest rates four to six times. However, Burton warns that this may not be a positive sign, as excessive rate cuts indicate a struggling economy. He emphasizes that rate cuts are primarily beneficial for bonds and explores the reasons behind them, which is to stimulate economic growth. Listeners are encouraged to be cautious and mindful of the potential implications of these rate cuts on their investments. Timestamps: [00:02:17] Emerging market assets dropping. [00:07:11] An interesting topic. [00:08:35] Drop in real estate agents. [00:13:30] Online crypto trading scams. [00:17:19] Inflation and grocery store prices. [00:19:32] Proper inflation rate. [00:23:06] Bucket list and retirement expenses. [00:28:31] Retirement planning and mar

In this episode of New Focus on Wealth, host Chad Burton discusses the themes for 2024 in the stock market and economy. Despite expectations of a recession in 2023, it did not materialize. Looking ahead, the upcoming elections and potential changes in taxes and other policies are important factors to consider. The overall theme is that the Federal Reserve has likely achieved a soft landing by raising rates. Stay tuned to gain insights into the financial landscape for the year ahead. Timestamps: [00:01:24] Wacky elections and taxes. [00:04:03] 10-year bond overvalued. [00:08:01-00:08:12] Value over growth in 2024. [00:10:53] REITs underperforming S&P 500. [00:16:40] Volatility and consistent returns. [00:18:14] REITs and real estate investment trusts. [00:23:24] Safe money ideas for retirees. [00:25:23] Tradable money market funds. [00:30:23] Estate tax and gifting limits. [00:33:36] Estate planning for pets. [00:37:35] Rental property income discrepancies. [00:40:01] Real estate as a business. Email yo

In 2023, interest rates underwent significant fluctuations, starting with an inversion where the two-year U.S. Treasury paid more than the 10-year U.S. Treasury. However, as the year progressed, interest rates rallied. By year-end, the 10-year U.S. Treasury rate stood at approximately 3.88%, reaching a peak of 4% at one point. Meanwhile, the two-year treasury closed the year at 4.23%. This unprecedented volatility in interest rates had a profound impact on the market. The episode highlights the strong performance of the NASDAQ, with the QQQ ETF rallying by 54.85%. This indicates that the QQQ ETF, which tracks the NASDAQ's performance, achieved a total return of 54.85% in 2023. This remarkable increase surpassed other major indexes like the S&P 500. The NASDAQ's robust performance can be attributed to the recovery of tech stocks, which had experienced a decline in the previous year. Additionally, the S&P 500 delivered a total return of 26.19% in 2023, indicating a positive year, albeit not as strong a

In this episode of New Focus on Wealth, certified financial planner Chad Burton provides valuable insights into the current state of the market and offers expert advice on managing your investments. Chad discusses the recent market rally since November 1st, highlighting the performance of various asset classes such as the S&P 500, equal-weighted S&P 500 ETF, emerging markets, international developed markets, Russell 2000, and bonds. He emphasizes the importance of diversification and the potential opportunities in areas that have experienced price declines. The episode also delves into the concept of tax loss harvesting, where Chad explains how investors can strategically sell assets showing losses to offset gains and reduce their tax liability. He provides examples and tips on how to effectively implement this strategy in a taxable investment account. Furthermore, Chad explores the benefits of direct indexing for high-net-worth individuals, explaining how it allows investors to replicate the holdings

In this episode of "New Focus on Wealth," Certified Financial Planner Chad Burton provides a market update, discussing the performance of various indices and asset classes. He highlights the strong performance of the NASDAQ and S&P 500, as well as the potential opportunities in emerging markets and actively managed funds. Chad also shares year-end tax moves to consider, including tax loss harvesting and managing capital gains distributions. He delves into the 4% draw rule for retirement income, explaining its limitations and the importance of adjusting spending during market downturns. Additionally, Chad explores the differences between ETFs and mutual funds, emphasizing the tax efficiency of ETFs in taxable accounts. Overall, this episode offers valuable insights and strategies for managing wealth and making informed financial decisions. Timestamps: [00:01:09] Tech recovery [00:04:10] Selective value stocks outperforming. [00:08:31] Year end tax moves. [00:13:00] Selling stock tax-wise for the year. [00

In this episode of "New Focus on Wealth," certified financial planner Chad Burton provides a comprehensive market update, discussing the recent rally in stocks, the bond market, and the potential impact of the Federal Reserve's interest rate decisions. He highlights the performance of different indexes, such as the NASDAQ, S&P 500, and Russell 2000, and emphasizes the importance of diversification in a balanced portfolio. Chad also delves into the value of credit card points and airline miles, addressing concerns about potential devaluation and the impact of the Credit Card Competition Act. Additionally, he shares insights on the significance of water consumption for overall health and retirement readiness, emphasizing the importance of staying hydrated and maintaining a healthy lifestyle. The episode concludes with a reminder to sign up for a webinar on retirement readiness and the benefits of using a corporate bond ladder in retirement planning. Timestamps: [00:01:10] Market update and rally. [00:03:42

In this episode of "New Focus on Wealth," certified financial planner Chad Burton discusses various topics related to retirement planning and financial security. He starts by paying tribute to Charlie Munger, vice chairman of Berkshire Hathaway, who recently passed away. Chad then delves into the performance of Berkshire Hathaway over the years and highlights the differences between its A and B shares. He also provides an update on the overall market and discusses the importance of having a dynamic withdrawal strategy in retirement, taking into account factors such as tax planning, healthcare costs, and market cycles. Chad emphasizes the need to track expenses, consider long-term care insurance, and utilize health savings accounts (HSAs) for retirement planning. He concludes by stressing the significance of maintaining good health and staying active in retirement. Listeners are invited to sign up for a webinar on the seven steps for retirement readiness, hosted by Chad and Rob Black. Timestamp: [00:01:33] Ch

In this podcast episode, the host, Chad Burton, discusses various topics related to personal finance, wealth management, and retirement readiness. Here are some key points covered in the episode: The stock market performance in 2023, with the NASDAQ up 46.5% and the S&P 500 up 19.85%. The impact of the Federal Reserve's interest rate cycle on market performance. The importance of balanced portfolios and volatility management in retirement planning. The use of AI technology, such as chat GPT-4, in changing the way people search for information online. The need for investors to be cautious about chasing high returns and to focus on long-term investment strategies. The expectation of future tax increases and the importance of utilizing Roth IRAs and Roth 401(k)s for tax-free growth. The potential challenges facing the Social Security system and the need for individuals to plan for retirement beyond relying solely on Social Security benefits. The impact of processed foods and microplastics on mental health a