Shows / Phil's Tax Hacks
Phil's Tax Hacks
Financial, tax and retirement planning guidance from Phil Putney. Each week Phil will talk about the keys to building a sound financial strategy that can survive throughout the ups and downs of the market. We'll have plenty of tax hacks along the way and other retirement facts!
Episodes
- Phil's Tax Hacks
Separate Accounts, Shared Future: Planning Retirement With Separate Finances
Book an appointment with Phil to get your customized planning process started ➟ https://www.afswealthmgt.com/schedule-appointment In this episode, Phil tackles…
- Phil's Tax Hacks
What’s Missing from Dave Ramsey’s 9-Step Retirement Plan
Want to learn more about financial planning? Please subscribe to our channel and you won't miss a video ➟ https://bit.ly/33RO6mV Book an appointment with Phil…
- Phil's Tax Hacks
Let's Talk about the Big Beautiful Bill (BBB)
Want to learn more about financial planning? Please subscribe to our channel and you won't miss a video ➟ https://bit.ly/33RO6mV Book an appointment with Phil…
- Phil's Tax Hacks
Should You Gift Now or Leave a Legacy Later?
You’ve worked hard, saved well, and now you’re thinking about giving back—maybe to your kids, your grandkids, or a cause you care about. But should you wait…
- Phil's Tax Hacks
Planning for Retirement When You’ll Never Have an Empty Nest
For many parents, retirement planning includes the idea of an empty nest. But what if that’s never going to be your reality? Today, Phil answers a viewer…
- Phil's Tax Hacks
Big Changes - The 4% Rule Gets a Makeover
The 4% rule gets talked about like gospel in retirement planning. But let’s be honest, it’s always been more of a rough guess than a golden rule. Now, its…
- Phil's Tax Hacks
Let’s Talk Target-Date Funds: Pros and Cons
Target-date funds seem like the ultimate “set it and forget it” retirement strategy, but are they really as simple and safe as advertised? In today's episode…
- Phil's Tax Hacks
Key Things For Parents & Grandparents To Teach A New Graduate
Graduation season is an exciting milestone, not just for the grads, but for parents and grandparents who have supported them along the way. Today, Phil wants…
- Phil's Tax Hacks
5 Ways Wishful Thinking Can Damage Your Retirement
A little hope is good for the soul, but when it comes to retirement planning, wishful thinking can lead to serious financial mistakes. Today, Phil is walking…
- Phil's Tax Hacks
A Market Strategy for Type A Investors: Why Doing Less Might Be Your Best Move
Today Phil’s talking about Type A personalities. If you’re driven, competitive, and goal-oriented then you’re part of the club that often struggles during…
- Phil's Tax Hacks
Why The Psychology of Money Says Your Emotions Matter More Than Math
Today Phil’s kicking off his new Financial Book Club with The Psychology of Money by Morgan Housel. This book isn’t just about money strategies. It’s about why…
- Phil's Tax Hacks
Can Real Estate Boost Your Retirement Plan?
Can real estate actually boost your retirement plan? Is renting a property a reliable source of income, or just added stress? The short answer: it depends. In…
- Phil's Tax Hacks
Turn Your Savings Into a Real Retirement Plan
You’ve worked hard, saved diligently, and now you’ve got a solid 401(k) and a few other accounts... but now what? In this episode, Phil answers a common…
- Phil's Tax Hacks
Is 2025 a Bad Time to Retire?
Thinking about retiring in 2025? You're not alone, but the timing might feel a little... complicated. With stock market swings, whispers of a recession…
- Phil's Tax Hacks
Stop Sacrificing Your Future For Your Adult Kids
How much support is too much when it comes to helping your adult children financially? A growing number of retirees are facing the dilemma of supporting adult…
- Phil's Tax Hacks
Caring for an Aging Parent: Financially Smart or Emotionally Costly?
Caring for aging parents is something many of us will face—but few are fully prepared for the financial, emotional, and logistical challenges that come with…
- Phil's Tax Hacks
The HSA Secret: Can You Really Build a Tax-Free Retirement Fund?
Are HSAs one of the best tax-advantaged accounts out there? Can you really stockpile a massive balance and use it tax-free in retirement? This is what a…
- Phil's Tax Hacks
Gold Rush 2025: Should You Get In?
Gold prices are surging, JPMorgan is making a massive $4 billion gold delivery, and people are wondering if they should invest in gold. Gold has long been…
- Phil's Tax Hacks
Trade War 2.0 - What Could It All Mean
With so much happening domestically and abroad from a financial standpoint, this week’s show is going to look into the implications of Trade War 2.0 and its…
- Phil's Tax Hacks
Great Side Gigs for Extra Retirement Income & Fun
For some people, the idea of retiring and then getting another job is detestable. For others, they can’t sit still and have to go find some other job. For the…
- Phil's Tax Hacks
Do Smart Investors Really Need a Financial Advisor?
If you’ve spent years successfully managing your own investments, do you really need a financial advisor? That’s the question we’ve heard from a number of…
- Phil's Tax Hacks
What Do Proposed Tariffs Mean For Your Portfolio?
With the recent political landscape, tariffs have become a hot topic, often surrounded by confusion and misinformation. How do you sit through the noise to…
- Phil's Tax Hacks
Is Tech Overweighted? Understanding The Current Market Landscape
This week on Phil’s Tax Hacks, Phil and Marc dive into the current state of the stock market with a particular focus on the tech sector. They discuss the…
- Phil's Tax Hacks
The New Retirement: Why Many Are Choosing Work Over Leisure
A recent article on Fortune highlights a growing trend among baby boomers: continuing to work well into their 60s and 70s. Surprisingly, this is not out of…
- Phil's Tax Hacks
How Will Trump’s Executive Orders Reshape the Economic Landscape
President Donald Trump wasted little time taking action once he returned to office, and people are wondering how these long list of Executive orders will…
- Phil's Tax Hacks
Social Security Claiming Tips + New Legislation
Staying informed about Social Security changes is crucial for maximizing your benefits, and recent legislation will change benefits for a significant number of…
- Phil's Tax Hacks
Retirement Spending Strategies That Could Change Your Life!
It’s the beginning of a new year – a time when many of us make resolutions to improve our lives. But how often do we resolve to improve the way we feel about…
- Phil's Tax Hacks
Are Future Retirement Worries Harming Your Mental Health TODAY?
Are future retirement worries causing you mental health issues today? That's happening to a lot of folks right now. There's so much…
- Phil's Tax Hacks
How Should You Invest Money That You’ll Need in 3 Years?
One of the most difficult scenarios for investing is what to do with money you know you’re going to need within a few years for a large expense. You don’t want…
- Phil's Tax Hacks
What Financial Advisors With Every Investor Knew (Part 3)
We’ve finally reached the final part of our three-part series on what financial advisors wish every investor knew. Phil will discuss four more big things that…
- Phil's Tax Hacks
What Financial Advisors With Every Investor Knew (Part 2)
Today is part two on the things financial advisors wish investors knew. These are the things that can set you up for success in retirement but most people…
- Phil's Tax Hacks
Tariffs, Tax Cuts & Immigration: Financial Forecasting For 2025
This week, Phil and Marc dive into the potential financial impacts of tariffs, tax cuts, and immigration policies following the 2024 election. While early…
- Phil's Tax Hacks
What Financial Advisors Wish Every Investor Knew (Part 1)
Imagine you could read your financial advisor’s mind before you even walked through the door for the first time. What would they want you to know? This week…
- Phil's Tax Hacks
Is Dividend Investing Dead?
Dividend investing has long been a staple in retirement planning, providing a predictable income stream for many retirees. However, the landscape is shifting…
- Phil's Tax Hacks
How Raising the Social Security Retirement Age Could Impact You
Social Security is the backbone of retirement for millions of Americans, but big changes may be coming. There’s plenty of speculation about what might change…
- Phil's Tax Hacks
What Makes Financial Planning at AFS Financial Group Unique?
Every firm has distinct principles that guide its approach to financial planning. When searching for an advisor, you want to find someone who aligns with your…
- Phil's Tax Hacks
The Tax Proposals of 2024’s Candidates
As the election season heats up, understanding the tax proposals of the presidential candidates is important. While we don’t talk politics on this show…
- Phil's Tax Hacks
How Advisors Get Paid And Why It Matters
Ever wonder how your financial advisor really gets paid and what that means for you? Whether it’s a fee, a commission, or a salary, the way your advisor earns…
- Phil's Tax Hacks
For Couples, Retirement is a Team Sport
Are you and your spouse on the same page when it comes to what retirement is going to look like? If not, it’s time to talk. Phil has all kinds of experience…
- Phil's Tax Hacks
5 Common Retirement Regrets
A YouTube video about retirement regrets has been getting a lot of attention lately and it showcases retirees sharing their biggest regret so far. It might be…
- Phil's Tax Hacks
Target Date Funds: The Good, The Bad, The Ugly
When planning for retirement, one of the most common investment options you'll come across is the target date fund. These funds are designed to simplify…
- Phil's Tax Hacks
Your Guide To Medicare’s Open Enrollment Period
The Medicare Open Enrollment Period will be here before we know it! But what does this mean for you? How does the process work, and who should be paying close…
- Phil's Tax Hacks
How Kids and Grandkids Affect Retirement
Kids and grandkids play a crucial role in shaping financial plans, often in ways that can significantly impact your retirement strategy. In this episode, we'll…
- Phil's Tax Hacks
Understanding Recent Market Volatility and Its Impact on Your Retirement
It’s been a wild start to August in the financial markets. You might’ve heard of the significant drops in the Nasdaq, which has left many investors feeling…
- Phil's Tax Hacks
Could Home Equity Conversion Mortgages Unlock Retirement Wealth?
Is the Home Equity Conversion Mortgage for Purchase (H4P) the game changer it promises to be, or just another potential pitfall? Historically, reverse…
- Phil's Tax Hacks
Avoiding Scandal: Lessons from the James McDonald Fraud Case
In this episode, we explore the case of James McDonald, a former CNBC analyst, whose risky investment strategies with client money led to serious legal and…
- Phil's Tax Hacks
The S&P 500 and The Mag 6?
The S&P 500 is often thought of as a broad market index, but today's reality is quite different. In fact, the index is heavily dominated by a few tech…
- Phil's Tax Hacks
Be Careful Who You Listen To (Getting The Right Financial Advice)
When it comes to your financial future, who you listen to can make all the difference. In this episode, Phil shares the story of a long-time client who was…
- Phil's Tax Hacks
Retirement Planning “Aha” Moments
Have you ever experienced an "aha” moment that changed your perspective on something important? These are the moments when the light bulb goes off, and…
- Phil's Tax Hacks
To Trust Or Not To Trust... Are They Right for You?
To trust or not to trust… that is the question we’re tackling in this week’s episode. Trusts are often surrounded by misconceptions. Many believe they are only…
- Phil's Tax Hacks
Financial Fees - Getting to the Bottom Line
When it comes to managing your finances and planning for retirement, one of the most dreaded topics is fees. Whether you're investing in mutual funds or…
- Phil's Tax Hacks
It’s Time To Talk Crypto
Cryptocurrency has been a buzzword for over a decade, but what exactly is it? In today’s episode, Phil is here to answer your questions. Fresh from a…
- Phil's Tax Hacks
All In One Basket? The Risks of Sector Investing
We know you shouldn’t put all your money into a single stock. But what about putting a lot of it into a strong market sector, diversified among different…
- Phil's Tax Hacks
The IRS Gave Us A Gift (Or Did They?)
In today’s episode, we’re going to discuss the ongoing confusion surrounding inherited IRAs and Required Minimum Distributions (RMDs). The SECURE Act…
- Phil's Tax Hacks
Long-Term Care and Life Insurance: The Basics You Must Know!
While you dream about the leisurely days ahead of you in retirement, it’s also important to think about some of the less glamorous items, including insurance…
- Phil's Tax Hacks
Retiree Health Insurance: The Basics You Must Know!
While you dream about the leisurely days ahead of you in retirement, it’s also important to think about some of the less glamorous items, including insurance…
- Phil's Tax Hacks
How Is Technology Redefining Retirement Planning?
In a world where technology touches every aspect of our lives, it's no surprise that it has also made its mark on the financial industry. So, in today’s…
- Phil's Tax Hacks
The Rise of Retiree Healthcare Costs
The future of retiree health care costs is on the rise. In fact, the Employee Benefit Research Institute released numbers for 2023 showing an 8% increase in…
- Phil's Tax Hacks
Steering Clear of Retirement Stress
Retirement is often painted as a serene, stress-free period of life where the worries of the working world fade away. However, psychologists have determined…
- Phil's Tax Hacks
Is Retiring at 65 Crazy?
Is retiring at 65 crazy? One billionaire thinks so. In this episode, Phil and Marc unpack a recent Yahoo Finance article where BlackRock CEO Larry Fink…