Episodios

  • [Classic Rewind] How to Pay for College without Ruining Your Kids

    [Classic Rewind] How to Pay for College without Ruining Your Kids
    Jul 24 2024

    This is a classic rewind episode.


    On today’s Fortify Your Financial Kingdom, Doug and Jerry discuss:

    • Define “ruining” as it relates to paying for college?
    • What are the limitations to the 529 plans out here…start with what a 529 is, please.
    • Can you talk about the Chinese versus American grandpa solutions for college?
    • Purchase life insurance versus putting money in a 529…what is your advice?


    Contact Jerry:

    Website: www.reignfinancialservices.us

    Linkedin: www.linkedin.com/in/jerry-yu-4a293430/

    Facebook: www.facebook.com/reign.financial.insurance

    Instagram:

    www.instagram.com/reign.financial

    YouTube: Search for “Jerry Yu – The Family Money Doctor”

    Office: 500 Technology Dr., #300. Irvine, CA 92618 Work: (626) 269-9098

    Cell: (626) 890-0090

    Email: jerry.yu@reignfinancialservices.us

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    11 m
  • [Classic Rewind] Save More with Proactive Tax Planning: Insights from Jeff Hockett

    [Classic Rewind] Save More with Proactive Tax Planning: Insights from Jeff Hockett
    Jul 17 2024
    Do you want to maximize your tax savings? Are you looking for a solution to efficiently plan and save on your taxes? Well, I have just the answer for you. Join me as my guest, Jeff Hockett, shares proactive tax planning strategies that will help you achieve optimal tax savings. By implementing these strategies, you can ensure efficient tax planning and maximize your savings.About Jeff Hockett:Jeff Hockett is the Owner of Hockett Tax and has been doing taxes since 1993. As an EA, he has helped clients save money on taxes, negotiated offers in compromise, provided audit services, and helped many companies get started. He has been a member of several organizations over the years and has always donated his time to many volunteer positions. He is the Past President of the West Valley Nation Association of Property Managers, a Current member of the American Society of Tax Problem Solvers, and a consultant for many small businesses and Brokerages. And he is also the Host of the More Money in Your Pocket Podcast.On today’s Fortify Your Financial Kingdom, Jeff and Jerry discuss:Maximize tax savings with proactive planning strategies that keep more money in your pocket.Avoid the potential consequences of ignoring IRS letters by understanding the steps to take and protecting your financial future.Accurate record-keeping is key to ensuring you're able to claim all available deductions and minimize your tax liability.Discover the benefits of working with a tax professional who can navigate the complexities of the tax system on your behalf.Learn how to navigate the complexities of the tax system to optimize your tax savings and financial success. Key Takeaways:Maximize tax savingsProactive tax planning is key to maximizing your tax savings, both for businesses and individuals. Avoid negative consequencesIgnoring IRS letters and failing to address tax issues promptly can have serious repercussions, including hefty fines and penalties, or even legal action. Ensure accurate record-keepingKeeping detailed and accurate financial records not only helps in the preparation of tax returns, but it also provides vital supporting evidence in case of an audit. “Don't just see your accountant as a tax filer, see them as a tax planner who can help you leverage tax codes to your advantage." —Jeff HockettContact Jeff:LinkedIn: https://www.linkedin.com/in/hocketttax/ Facebook: https://www.facebook.com/hocketttaxandpayroll/ Instagram: https://www.instagram.com/hocketttax/ About the host, Jerry Yu:Jerry Yu, a retirement and income strategist, specializes in aiding individuals aged 50 and older facing retirement challenges. He designs customized financial blueprints to safeguard retirees' savings from longevity risk, inflation, and sequence-of-returns concerns. Jerry's expertise includes guiding those through the critical "Retirement Red Zone," offering insights on supplemental lifetime income streams, and implementing strategies to counter inflation. His mission is rooted in rectifying the misconception that wealth accumulation strategies are the same as those for spending down assets in retirement, ensuring a secure financial descent for retirees.Contact Jerry:Website: www.reignfinancialservices.usLinkedin: www.linkedin.com/in/jerry-yu-4a293430/ Facebook: www.facebook.com/reign.financial.insuranceInstagram: www.instagram.com/reign.financialYouTube: Search for “Jerry Yu – The Family Money Doctor”Office: 500 Technology Dr., #300. Irvine, CA 92618 Work: (626) 269-9098Cell: (626) 890-0090Email: jerry.yu@reignfinancialservices.usShow notes by Podcastologist: Hanz Jimuel AlvarezAudio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.
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    21 m
  • [Classic Rewind] Go to the Money Doctor

    [Classic Rewind] Go to the Money Doctor
    Jul 10 2024

    This is a classic rewind episode.



    On today’s Fortify Your Financial Kingdom, Doug and Jerry discuss:

    ● With the wisdom from the first 8 chapters can you please define what a Family Money Doctor is again?

    ● Why do you feel it is important to have a family money doctor?

    ● What components are needed to maintain good money health?

    ● The right “medicine” is essential to help you get to your optimum health. Medicine includes Life Insurance, Annuities and 401K…so many choice in each of these categories…how does one decide?

    ● How does a money doctor work Jerry?

    ● Here’s where I would like to give you a moment to talk about your business and promote why you are a great fit for our listening audience Jerry?


    Contact Jerry:

    Website: www.reignfinancialservices.us

    LinkedIn: www.linkedin.com/in/jerry-yu-4a293430/

    Facebook: www.facebook.com/reign.financial.insurance

    Instagram: www.instagram.com/reign.financial

    YouTube: Search for “Jerry Yu – The Family Money Doctor”

    Office: 500 Technology Dr., #300. Irvine, CA 92618 Work: (626) 269-9098

    Cell: (626) 890-0090

    Email: jerry.yu@reignfinancialservices.us

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    9 m
  • [Classic Rewind] Jamie Lima: Turning Divorce Trauma into Financial Freedom

    [Classic Rewind] Jamie Lima: Turning Divorce Trauma into Financial Freedom
    Jul 3 2024
    Join Jamie Lima as he shares his personal journey through financial challenges in divorce, offering insights on how to make better financial decisions during this difficult time. But when faced with the complexities of after-tax asset valuations, will Jamie be able to guide his clients to fair settlements, or will they be left in financial turmoil?About Jamie Lima:Jamie Lima, the founder of Allegiant Divorce Solutions, is an experienced professional in the field of financial planning, with a particular focus on divorce-related financial challenges. Having launched Allegiant Divorce Solutions as a sister company to his financial planning firm, Woodson Wealth Management, Jamie brings almost two decades of financial planning experience to the table. His credentials include an MBA, CFA, and CDFA, demonstrating his commitment to providing clients with expert guidance in navigating the intricate financial aspects of divorce. Jamie's dedication to ensuring his clients achieve fair settlements and experience reduced stress during divorce proceedings underscores his mission to deliver valuable support to individuals facing similar circumstances.On today’s Fortify Your Financial Kingdom, Jamie and Jerry discuss how to:Master financial challenges in divorce to gain control of your future.Uncover the importance of after-tax valuations and protect your financial interests.Embrace empathy in divorce financial planning for a smoother transition.Key Takeaways:Mastering Financial Challenges in DivorceUnderstanding financial complexities is a critical skill when navigating divorce. Dissecting each asset's implications and the tax treatments can have a significant impact on the final settlement. Uncover the Power of a Certified Divorce Financial AnalystEmploying a certified divorce financial analyst (CDFA) can make a significant difference in understanding the financial aspects of divorce. Unlike traditional financial planners, CDFAs specialize in divorce procedures and offer invaluable expertise in the process. Importance of After-Tax ValuationsUnderstanding the importance of after-tax valuations is essential during a divorce. Assets like 401(k)s and property might seem identical on the surface, but tax implications may cause disparities in their effective values. “It's taking some of those negative experiences and trying to turn them into a positive." —Jamie LimaContact Jamie:LinkedIn: https://www.linkedin.com/in/jamielima/ Website: https://allegiantds.com/ https://woodsonwm.com/ About the host, Jerry Yu:Jerry Yu, a retirement and income strategist, specializes in aiding individuals aged 50 and older facing retirement challenges. He designs customized financial blueprints to safeguard retirees' savings from longevity risk, inflation, and sequence-of-returns concerns. Jerry's expertise includes guiding those through the critical "Retirement Red Zone," offering insights on supplemental lifetime income streams, and implementing strategies to counter inflation. His mission is rooted in rectifying the misconception that wealth accumulation strategies are the same as those for spending down assets in retirement, ensuring a secure financial descent for retirees.Contact Jerry:Website: www.reignfinancialservices.usLinkedin: www.linkedin.com/in/jerry-yu-4a293430/ Facebook: www.facebook.com/reign.financial.insuranceInstagram: www.instagram.com/reign.financialYouTube: Search for “Jerry Yu – The Family Money Doctor” (https://www.youtube.com/channel/UCe8Nv41YuU_iIvKe7XKhaoA) Office: 500 Technology Dr., #300. Irvine, CA 92618 Work: (626) 269-9098Cell: (626) 890-0090Email: jerry.yu@reignfinancialservices.usShow notes by Podcastologist: Hanz Jimuel AlvarezAudio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.
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    20 m
  • [Classic Rewind] Future-Proofing Your Wealth: Expert Tips from Kerry Lutz

    [Classic Rewind] Future-Proofing Your Wealth: Expert Tips from Kerry Lutz
    Jun 26 2024
    Discover the secrets to protecting and preserving your wealth as host Jerry Yu interviews Kerry Lutz, founder of the Financial Survival Network. With insights from renowned financial experts, learn how to navigate the tumultuous financial landscape, but be prepared for a shocking twist that leaves you questioning everything you thought you knew.About Kerry Lutz:Kerry Lutz has a background in Austrian Economics dating back to 1977, Kerry's journey began when he stumbled upon a treasure trove of economic literature during his time at Pace University. A seasoned attorney and serial entrepreneur, Kerry's diverse career includes running a legal printing company, practicing commercial law, and founding a successful distressed asset investment company. After the 2008 financial collapse, he recognized the need for a reliable source of information in the face of global economic challenges. In 2010, he realized his dream of becoming a radio show host, giving birth to the Financial Survival Network.On today’s Fortify Your Financial Kingdom, Kerry and Jerry discuss how to:Discover actionable strategies for wealth preservation on the Financial Survival Network podcast.Explore the principles of Austrian economics and free markets for financial empowerment.Safeguard your assets by learning effective methods for protecting and preserving wealth.Uncover the impact of government mistakes and inflation on your financial security.Learn how to adapt to the changing media landscape for informed financial decision-making. Key Takeaways:Discover actionable insights:According to Kerry Lutz, understanding the cause-and-effect relationships in free markets is key to discovering actionable insights.Gain valuable perspectives:Kerry’s background in Austrian economics shapes his perspective, which values a free market system over government intervention. He believes that much can be gleaned from seeing how such theories play out in real-world economic environments. Learn effective strategies:To safeguard wealth, Kerry posits that one effective strategy is investing in assets, particularly those that can generate a return. “Opportunities are always out there. It's more important to have an opportunity mindset than it is to be thinking about the opportunities." —Kerry LutzContact Kerry:Website: https://www.financialsurvivalnetwork.com/ Linkedin: https://www.linkedin.com/in/kerrylutz/overlay/contact-info/ Facebook: https://web.facebook.com/kerry.lutz1/?_rdc=1&_rdr X (Twitter): https://twitter.com/KerryLutz Instagram: https://www.instagram.com/financialsurvivalnetwork/ About the host, Jerry Yu:Jerry Yu, a retirement and income strategist, specializes in aiding individuals aged 50 and older facing retirement challenges. He designs customized financial blueprints to safeguard retirees' savings from longevity risk, inflation, and sequence-of-returns concerns. Jerry's expertise includes guiding those through the critical "Retirement Red Zone," offering insights on supplemental lifetime income streams, and implementing strategies to counter inflation. His mission is rooted in rectifying the misconception that wealth accumulation strategies are the same as those for spending down assets in retirement, ensuring a secure financial descent for retirees.Contact Jerry:Website: www.reignfinancialservices.usLinkedin: www.linkedin.com/in/jerry-yu-4a293430/ Facebook: www.facebook.com/reign.financial.insuranceInstagram: www.instagram.com/reign.financialYouTube: Search for “Jerry Yu – The Family Money Doctor” (https://www.youtube.com/channel/UCe8Nv41YuU_iIvKe7XKhaoA) Office: 500 Technology Dr., #300. Irvine, CA 92618 Work: (626) 269-9098Cell: (626) 890-0090Email: jerry.yu@reignfinancialservices.usShow notes by Podcastologist: Hanz Jimuel AlvarezAudio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.
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    9 m
  • [Classic Rewind] Rylee Meek: Seamlessly Merging Faith and Business

    [Classic Rewind] Rylee Meek: Seamlessly Merging Faith and Business
    Jun 19 2024
    In a world where business and faith often seem at odds, one entrepreneur's journey takes an unexpected turn. Rylee Meek's path to success reveals a powerful truth about the fusion of passion and profit. But as he discovered, financial success alone did not lead to fulfillment. What pivotal moment led Rylee to shape a new approach, one that seamlessly integrates faith and business?About Rylee Meek:Rylee Meek is an entrepreneur, investor, and thought leader. He is also the co-founder of King's Council Coaching. Rylee is not only a gifted speaker but also a catalyst for helping others achieve their goals, as evidenced by the impact he had on his clients. Rylee brings a wealth of wisdom to guide us in becoming the CEOs of our own lives.On today’s Fortify Your Financial Kingdom, Rylee and Jerry discuss how to:Discover how to merge faith and business for success.Learn to integrate core values into your decision-making process.Uncover the power of authenticity for true business identity.Explore the impact of faith on your entrepreneurial journey.Navigate the identity crisis in the world with faith-based principles. Key Takeaways:Uniting Faith and BusinessRylee Meek emphasizes the importance of integrating faith and business in creating a unified and authentic identity. Decision-Making with Core ValuesStrong on the belief that our actions should be guided by our core values, Rylee underlines the essence of aligning business decisions with these values. Embracing AuthenticityBy embracing authenticity, business owners can live out their true identity in every facet of life and decisions taken, fostering a seamless blend of their faith and business.“My business is also my ministry. (In) my ministry, I'm also doing business. My life, how I just live my life, is who I am." —Rylee MeekContact Rylee:The King’s Council: www.KingsCouncilcommunity.org www.Joinkingscouncil.com Website (Business and financial coaching): https://www.ryleemeek.com/ LinkedIn: https://www.linkedin.com/in/rylee-meek-1556a919/ About the host, Jerry Yu:Jerry Yu, a retirement and income strategist, specializes in aiding individuals aged 50 and older facing retirement challenges. He designs customized financial blueprints to safeguard retirees' savings from longevity risk, inflation, and sequence-of-returns concerns. Jerry's expertise includes guiding those through the critical "Retirement Red Zone," offering insights on supplemental lifetime income streams, and implementing strategies to counter inflation. His mission is rooted in rectifying the misconception that wealth accumulation strategies are the same as those for spending down assets in retirement, ensuring a secure financial descent for retirees.Contact Jerry:Website: www.reignfinancialservices.usLinkedin: www.linkedin.com/in/jerry-yu-4a293430/ Facebook: www.facebook.com/reign.financial.insuranceInstagram: www.instagram.com/reign.financialYouTube: Search for “Jerry Yu – The Family Money Doctor” (https://www.youtube.com/channel/UCe8Nv41YuU_iIvKe7XKhaoA) Office: 500 Technology Dr., #300. Irvine, CA 92618 Work: (626) 269-9098Cell: (626) 890-0090Email: jerry.yu@reignfinancialservices.usShow notes by Podcastologist: Hanz Jimuel AlvarezAudio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.
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    18 m
  • [Classic Rewind] Holly Donaldson: Navigating Retirement's Crosswalks: Securing Your Financial Future

    [Classic Rewind] Holly Donaldson: Navigating Retirement's Crosswalks: Securing Your Financial Future
    Jun 12 2024
    Do you want to make more rational money decisions and achieve peace of mind as you approach retirement? I'll be sharing a solution to help you secure your financial future and feel confident about your retirement plans.About Holly Donaldson:Holly Donaldson, a former private banker with 21 years in the banking industry, is now a Certified Financial Planner and author of "The Mindful Money Mentality: How to Find Balance in Your Financial Future." With a focus on behavioral economics, she aims to help clients make rational money decisions, addressing common misconceptions and providing insightful strategies for optimal tax planning and financial organization. Holly's e-newsletter, "The View from the Porch," offers a monthly dose of psychological hurdles in decision-making, tax tips, and resources for readers, complementing the themes in her book. With a passion for ensuring individuals are well-prepared for their financial future, Holly's expertise offers invaluable insights for those nearing retirement.On today’s Fortify Your Financial Kingdom, Holly and Jerry discuss how to:.Discover the importance of addressing long-term care in your financial planning.Streamline your finances with an organized process for evaluating and consolidating accounts.Learn how to consider Social Security in your financial plans for peace of mind.Key Takeaways:Master financial planning strategies can help secure a balanced and stable retirement. Holly Donaldson shares her expertise, highlighting how individuals often overestimate the financial resources needed to maintain their lifestyle, which may lead to unnecessary stress. Understanding behavioral economics can provide valuable insights into the emotional aspects of monetary decisions. Behavioral economics, as emphasized by Holly, looks at how individuals' emotions can greatly influence their financial choices.Recognizing the importance of long-term care is a pivotal part of comprehensive financial planning. Many people neglect this aspect, leaving them unprepared for potential future requirements, as pointed out by Holly. “I just wanted to be an independent advice giver without any agenda of any products for sale or any kind of financial company behind me, just like a consultant." —Holly DonaldsonContact Holly Donaldson:LinkedIn: https://www.linkedin.com/notifications/?filter=all Website: https://www.hollydonaldsonfinancialplanner.com/ YouTube: https://www.youtube.com/@HollyDonaldson Phone: (813)781-8040Email: holly@hollydonaldson.comVirtual By Appointment, Seminole, FL 3377About the host, Jerry Yu:Jerry Yu, a retirement and income strategist, specializes in aiding individuals aged 50 and older facing retirement challenges. He designs customized financial blueprints to safeguard retirees' savings from longevity risk, inflation, and sequence-of-returns concerns. Jerry's expertise includes guiding those through the critical "Retirement Red Zone," offering insights on supplemental lifetime income streams, and implementing strategies to counter inflation. His mission is rooted in rectifying the misconception that wealth accumulation strategies are the same as those for spending down assets in retirement, ensuring a secure financial descent for retirees.Contact Jerry:Website: www.reignfinancialservices.usLinkedin: www.linkedin.com/in/jerry-yu-4a293430/ Facebook: www.facebook.com/reign.financial.insuranceInstagram: www.instagram.com/reign.financialYouTube: Search for “Jerry Yu – The Family Money Doctor” (https://www.youtube.com/channel/UCe8Nv41YuU_iIvKe7XKhaoA) Office: 500 Technology Dr., #300. Irvine, CA 92618 Work: (626) 269-9098Cell: (626) 890-0090Email: jerry.yu@reignfinancialservices.usShow notes by Podcastologist: Hanz Jimuel AlvarezAudio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.
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    18 m
  • [Classic Rewind] Jared Tanimoto: Serving the Underserved: How I Built My Fee-Only Advisory Firm from Scratch

    [Classic Rewind] Jared Tanimoto: Serving the Underserved: How I Built My Fee-Only Advisory Firm from Scratch
    Jun 5 2024
    Discover the surprising journey of a financial planner who broke free from the insurance industry's product-pushing limitations to become a top advisor. Learn how he's challenging traditional financial models and prioritizing clients' interests while gaining recognition for his innovative strategies. Join us to uncover the unexpected twists and turns that led to his success and the unique approach he's taking to revolutionize financial planning. About Jared Tanimoto:Jared is recognized as an Investopedia Top 100 Financial Advisor as well as a 40 Under 40 Advisor by InvestmentNews. He is the founder of Sedai (formerly Ascent) Wealth Advisors, a fee-only wealth management firm helping families navigate their finances and build wealth. Sedai Wealth is a Registered Investment Advisor (RIA) that operates under the fiduciary standard and will never accept commissions, kickbacks, or other incentives - this means its clients' interests will always come first even if doing so results in lower compensation for the firm. Sedai Wealth is part of the Financial Planning Association, National Association of Personal Financial Advisors (NAPFA), Fee-Only Network, Advisors in Philanthropy, Orange County Advisors Network, and the XY Planning Network.On today’s Fortify Your Financial Kingdom, Jared and Jerry discuss how to:Explore the benefits of a retainer or subscription model for financial planning.Uncover the power of a personalized approach to financial planning for your clients.Learn the importance of upholding the fiduciary standard and always prioritizing your client's best interests.Key Takeaways:Discover the rewarding journeyTransitioning from an insurance industry to a fee-based financial planning role can be a journey full of discovery and rewards. Jared's story illustrates that with determination, professional upgradation, and a client-centric focus, it can be a path well worth undertaking. Embrace the benefitsEmbracing the fee-based or retainer model in financial planning, as Jared Tanimoto did, comes with numerous benefits. It enables financial advisors to work without any bias for compensation from product sales. “I got kind of stuck in a routine in that side of the industry, not really doing planning, not doing any kind of investments, estate planning, retirement planning. And so I went out, got my CFP … And in 2017, about seven years after I got my start, I ended up starting my own firm. " —Jared TanimotoContact Jared:LinkedIn: https://www.linkedin.com/in/jaredtanimoto/ Sedai (Ascent) Wealth: https://www.linkedin.com/company/sedaiwealth/about/ About the host, Jerry Yu:Jerry Yu, a retirement and income strategist, specializes in aiding individuals aged 50 and older facing retirement challenges. He designs customized financial blueprints to safeguard retirees' savings from longevity risk, inflation, and sequence-of-returns concerns. His mission is rooted in rectifying the misconception that wealth accumulation strategies are the same as those for spending down assets in retirement, ensuring a secure financial descent for retirees.Contact Jerry:Website: www.reignfinancialservices.usLinkedin: www.linkedin.com/in/jerry-yu-4a293430/ Facebook: www.facebook.com/reign.financial.insuranceInstagram: www.instagram.com/reign.financialYouTube: Search for “Jerry Yu – The Family Money Doctor” (https://www.youtube.com/channel/UCe8Nv41YuU_iIvKe7XKhaoA) Office: 500 Technology Dr., #300. Irvine, CA 92618 Work: (626) 269-9098Cell: (626) 890-0090Email: jerry.yu@reignfinancialservices.usShow notes by Podcastologist: Hanz Jimuel AlvarezAudio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.
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    11 m