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
Ep 107: Tax Consequences – Pros and Cons
Do you know the tax consequences on your retirement accounts? Today, we will be discussing 5 different types of accounts and the tax pros and cons with each…
- Phil's Tax Hacks
Ep 106: What is ”Risk Averse”?
Everyone is different when it comes to risk tolerance. A lot of us think we are risk-averse, but we may be taking on more risk than we realize. On today’s…
- Phil's Tax Hacks
Ep 105: Financial Mistakes Couples Make
Finances can cause a lot of stress for couples. However, planning together is crucial to your overall financial plan. On today’s episode, we will highlight a…
- Phil's Tax Hacks
Ep 104: Can You Put Off These Financial Decisions?
We all tend to procrastinate from time to time, even when it comes to our finances. However, there are many things that we don’t want to put off addressing in…
- Phil's Tax Hacks
Ep 103: What Do You Need To Know About the Recent Tax Proposal?
If the recent tax proposals were to pass, how would it affect your financial plan? Some things we may want to look out for include changes in capital gains and…
- Phil's Tax Hacks
Ep 102: 5 Ways to Mind the Gap
There may be a few gaps that we might not notice when we are working on our retirement plan. So, to better prepare you for the future, we will be discussing…
- Phil's Tax Hacks
Ep 101: Red Flags in Your Financial Plan
Are you worried you’re missing some red flags in your financial plan? Let’s talk through what you need to know and where you should better prepare. Read more…
- Phil's Tax Hacks
Ep 100: How Age & Wisdom Effect Retirement
Let’s talk about one of the primary benefits of aging: wisdom. Phil shares some of the key things to consider in order to make wise decisions as you age and…
- Phil's Tax Hacks
Ep 99: Breaking Down Economic News in Bits and Pieces
How can what’s happening this year shape our financial plans moving forward? We talk through several current events in the economy and what impact it could…
- Phil's Tax Hacks
Ep 98: What Makes Phil Tick?
To get to know Phil a bit more, we ask a few questions to find out how he got to where he is today. From his influences and hobbies to what he likes most about…
- Phil's Tax Hacks
Ep 97: Why You Need Retirement Customization
Retirement is not one-size-fits-all. Just like your bank account, family size, job, and home, you have a number of factors to add up to create a unique…
- Phil's Tax Hacks
Ep 96: The SECURE Act 2.0
The SECURE Act was passed in 2019, but is now facing possible amendments being added for the SECURE Act 2.0. On today’s episode of the podcast, we talk through…
- Phil's Tax Hacks
Ep 95: Things That Don’t Matter…Until They Do
There are a lot of things that don’t feel important, until you suddenly need them. What items do you need to be thinking about now, before it’s too late? On…
- Phil's Tax Hacks
Ep 94: What Retirement Are You Living For?
Have you started daydreaming about what retirement looks like? Let’s talk today about what it takes to make that retirement dream a reality. Read more and get…
- Phil's Tax Hacks
Ep 93: 5 Things to Know About Decumulation
How hard or easy is it to spend your retirement savings? On today’s show we talk about the process and how to get it right. Read more and get additional…
- Phil's Tax Hacks
Ep 92: What is Your Spending Personality?
Do you know your spending type? What about your spouse’s spending type? How does that impact your financial plan? Phil talks us through the different types and…
- Phil's Tax Hacks
Ep 91: Planning Through Uncommon Sense
Do you ever think you’re doing it right but then find out it’s all wrong? Let’s talk uncommon sense in financial planning and what you should be doing. Read…
- Phil's Tax Hacks
Ep 90: Not Your Father’s Retirement
As we approach Father’s Day, we’re thinking about dear old Dad. Maybe he was your hero or maybe you never really knew the real him. One thing’s for sure, your…
- Phil's Tax Hacks
Ep 89: The Three Worlds of Money
Where should your money go? First you need to understand the three worlds of money: banking, insurance, and Wall Street (or stock investing). On today’s…
- Phil's Tax Hacks
Ep 88: 5 Words That Describe Retirement
The MIT AgeLab did a study a couple of years ago asking people for five words to describe what retirement looked like. They came back with 928 words, but on…
- Phil's Tax Hacks
Ep 87: Playing the ‘What if?’ Financial Game
There’s a lot we can’t control, but we can prepare for what might happen in different “what if” scenarios. On today’s episode of the podcast, we discuss a…
- Phil's Tax Hacks
Ep 86: Do Retirees Really Need Life Insurance?
Typically, we think of life insurance for a young family to care for your spouse and kids if the worst were to happen. Do you really need life insurance though…
- Phil's Tax Hacks
Ep 85: Financial Planning in President Biden's America
With the latest changes and spending proposals, we discuss how the economy might be impacted. What should you do now to prepare? Read more and get additional…
- Phil's Tax Hacks
Ep 84: Frequently Asked Questions About Bonds
How much do you know about bonds? We’ll share some frequently asked questions and answers in today’s show. Read more and get additional financial resources…
- Phil's Tax Hacks
Ep 83: Financial Fact or Fiction?
What’s fact and what’s fiction when it comes to these financial planning concepts? Phil sets the record straight in order for you to plan accordingly. Read…
- Phil's Tax Hacks
Ep 82: How Long Would A Million Bucks Last in Retirement?
If you had $1 million saved for retirement, how long could you live off of that? A lot of it depends on where you live. Let’s check out some possibilities…
- Phil's Tax Hacks
Ep 81: What Can We Learn From Will Rogers?
The quotes and quips from the past can shed a lot of light on the current situation when it comes to financial planning. Have you heard any of these before?…
- Phil's Tax Hacks
Ep 80: Are You Flirtin’ with Financial Disaster?
How do you know if you’re flirting with financial disaster? On today’s episode of the podcast, Phil goes over four big areas where things can really go awry if…
- Phil's Tax Hacks
Ep 79: When Crisis Meets Opportunity
When faced with financial challenges, do you view them as a crisis or an opportunity? Phil shares how your financial advisor can help you navigate them. Read…
- Phil's Tax Hacks
Ep 78: March Madness and Retirement Planning
March Madness is back! Have you filled out your brackets yet before the tournament starts? To have a little basketball-inspired fun today, we talk about the…
- Phil's Tax Hacks
Ep 77: Status of the American Pension
While pensions used to be the standard retirement benefit offered by companies, that is becoming less and less common. On today’s episode of the podcast, Phil…
- Phil's Tax Hacks
Ep 76: Reasons to Never Assume in Retirement
You know what happens when you assume, right? We all make assumptions from time to time as humans, but what assumptions are you making from a retirement…
- Phil's Tax Hacks
Ep 75: Saving for Retirement as a Business Owner
A lot of small business owners put so much into their business plan and into their business, that sometimes they overlook themselves. One of their biggest…
- Phil's Tax Hacks
Ep 74: Getting More Involved in Retirement Planning
Are you in the know or in the dark when it comes to your financial plan? Is your spouse the one making the calls or are you doing it together? Let’s talk about…
- Phil's Tax Hacks
Ep 73: Top Tax Tips for Filing in 2021
As you file your 2020 taxes, what do you need to be aware of to account for that unprecedented year? What changes were made and how should you prepare? We'll…
- Phil's Tax Hacks
Ep 72: The GameStop Stock Story
Wondering what just happened with GameStop stock? Wish you had jumped on that bandwagon? Phil gives some information on what happened and what he thinks about…
- Phil's Tax Hacks
Ep 71: Good News, Bad News in Financial Planning
No one likes bad news and sometimes the good news doesn’t outweigh the bad. On today’s podcast, we talk about a few financial topics that come with good news…
- Phil's Tax Hacks
Ep 70: Know Thyself: How Looking Inward Can Lead To Major Financial Impacts
Have you stopped to reflect on yourself and your feelings when it comes to finances? When you meet with an advisor, it’s important to be true to yourself…
- Phil's Tax Hacks
Ep 69: The Three Qualities of Money
What are the three qualities of money that everyone wants? How can you get all of them within your portfolio? Phil talks through the key three qualities and…
- Phil's Tax Hacks
Ep 68: Retirement Statistics That Might Surprise You
Retirement planning will be different for every person, but it’s interesting to look at the averages to get a general guide on where you stand. Today we’ll…
- Phil's Tax Hacks
Ep 67: Which Retirement Lifestyle Is Right For You?
As we finish off the year, we’re all dreaming about a lifestyle that looks a bit different than this one. What are your retirement lifestyle goals? Read more…
- Phil's Tax Hacks
Ep 66: End-of-Year Financial Planning
What financial moves should you make before the year is over? Have you talked with your financial advisor about these strategies? Let’s review the items that…
- Phil's Tax Hacks
Ep 65: What to Know About Biden’s Tax Proposals
The Tax Foundation released a detailed analysis of Biden's tax proposals and this week we look at a few of the items that caught Phil's attention. Are there…
- Phil's Tax Hacks
Ep 64: Finding the Right Advisor
How do you pick the right advisor? Often we get caught up in finding the right investments and making sure the portfolio is balanced. But what about finding…
- Phil's Tax Hacks
Ep 63: Don’t Assume the Customer Is Always Right
We’ve all heard the saying, “the customer is always right”, but are they? When it comes to financial planning, you are going to see an advisor to hear their…
- Phil's Tax Hacks
Ep 62: Is Diversification Just For Suckers?
Is your portfolio diversified? Should it be? What does true diversification look like? We’ll tell you on this episode. Read more and get additional financial…
- Phil's Tax Hacks
Ep 61: Would You Pass This Retirement Preparedness Quiz?
How do you know if you’re ready for retirement? Whether you plan to retire soon or years from now, taking this quiz will help you understand what you need to…
- Phil's Tax Hacks
Ep 60: Answering Your 401(k) FAQs
Many of us have a 401(k), but how much do you really know about it? What frequently asked questions does Phil get when it comes to investing wisely? Read more…
- Phil's Tax Hacks
Ep 59: Mailbag: Should I Move My Investments To Cash Right Now?
Whenever you have questions or concerns about your financial situation, you should reach out to a financial advisor. Today we’re going to answer several…
- Phil's Tax Hacks
Ep 58: Reframing the Social Security Conversation
Are you understanding all of the options when it comes to Social Security? Or do you feel like retirement and Social Security always coincide? Today we take a…
- Phil's Tax Hacks
Ep 57: Retirement Ready...or Not?
Whether you are less than a decade away from retirement or at the beginning of your career, it’s important to have a saving mindset. How can you make sure you…
- Phil's Tax Hacks
Ep 56: Financial Stuff You Should Know
From the global bond market to living benefits, there are several important financial concepts you might not yet know about. Today’s episode will cover four…
- Phil's Tax Hacks
Ep 55: Hindsight is 20/20 in Financial Planning
Ever wish you knew then what you know now? That’s especially true in the year 2020. We discuss areas where hindsight could help and what to do about those…
- Phil's Tax Hacks
Ep 54: Do You Need a Trust?
Is a trust something everyone has or just the really wealthy? Do you need it as a part of your estate plan? Read more and get additional financial resources…
- Phil's Tax Hacks
Ep 53: This One is On The House
How should you approach your home from a financial standpoint in retirement? Pay it off? Downsize? Rent it out? Let’s talk about real estate and how it fits…
- Phil's Tax Hacks
Ep 52: Are These Financial Rules Legit?
We all hear various financial rules from time to time, but are they legit? Or are they full of it? Which of these are good rules of thumb and which are better…
- Phil's Tax Hacks
Ep 51: Simple Mistakes That Could Ruin Retirement
Many of the things you read or watch about finance will talk about the things you need to do to grow your portfolio. It’s not too often that you hear about the…
- Phil's Tax Hacks
Ep 50: The Financial Risks to Living Longer
We all want to live a long and good life, but what does that mean from a financial standpoint? What kind of financial plan do you need to prepare and how can…
- Phil's Tax Hacks
Ep 49: Building Your Financial House
For some people, the idea of putting together a financial plan is pretty daunting. For others, the idea of building and designing a house is a lot more…
- Phil's Tax Hacks
Ep 48: Financial Planning Following the Loss of a Spouse
What happens to your financial plan once one spouse passes away? Is your plan organized and prepared or will the surviving spouse be left with a mess? Let’s…