Episode 9 of Season 4 of Retire Hour. Matt Goolsby is joined by three financial advisors from Market Advisory Group, in studio by Danny Goolsby, Larry Kloefkorn remotely in Wichita, and Jonathon McCoy remotely in Kansas City. They talk through how corrections and downturns in the market could effect your retirement and answer a listeners question concerning 401k’s. Then in the “Find the Fees’ segment they take a look at buy and hold advisors. Matt is then joined by estate planning attorney Gerald Eidelman to answer a listeners question regarding the differences between Executors and Trustees. Lastly, Matt is joined by lead CPA of Market Tax Services Joshua Cicora to a sewer a listeners question about reducing taxes with a QCD(Qualified Charitable Distribution) and RMD. Additionally they discuss the benefits of Roth conversions.
Intro: 0:00
Financial Advisors: Market Corrections & Downturns - 0:22
Financial Advisors: 401k's - 7:49
Financial Advisors: Buy & Hold Advisors (Find the Fees) - 16:02
Estate Planning Attorney: Executors & Trustees - 22:49
CPA: QCD from RMD - 31:32
CPA: Roth Coversions - 38:56
Credits: 45:20
Learn more about the show, the team behind it, and where else to listen at: https://retirehour.com
Retire Hour is a weekly radio show and podcast. This financial education resource is for those approaching retirement, or seeking knowledge investing, income planning, taxes, medicare and estate planning.
