Key Talking Points of Episode:

• Socialistic traits in the tax changes that Joe Biden is making
• The $94 trillion world economy as it relates to socialism

Magical Quotes from the Episode:

“My energy is best spent on me, making sure that me and my family, work, job, spiritual, emotional health, physical wellbeing is in maximum shape, and then worrying about the affairs of the country afterwards.”

“As inflation hits, we can be paid more money, but not any more real amount of money and be pushed into a very real higher tax bracket.”

Connect with Tommy:

Website: https://thirdactretirement.com/

Call: 1-800-917-5016 or 770-971-2888 to set up a free call

In this episode, Tommy shares the essence of paying attention to taxes and having a diversified portifolio on non-correlated assets. 

Listen in for an informative learning experience. 

Key Talking Points of the Episode

• Second key to retirement income distribution: pay attention to taxes.
• What is crypto tax debt and its similarity/difference with stock tax.
• Third key to retirement income distribution: have a well-diversified portfolio with non-correlated assets.
• Tommy's parting sort. 

Standout Quotes from The Episode: 

"I think that people have to understand what bracket they're in. If they're not planning well, they can pay an extra 10% on distributions."

"Diversify your wealth seven or eight ways because you don't know what danger may fall upon the earth."

"You are not diversifying if you buy Microsoft stock, Home Depot stock, and Procter Gamble. That is called company diversification."

Connect With Tommy:

Website: https://thirdactretirement.com/

Call: 1-800-917-5016 or 770-971-2888 to set up a free call

Key Talking Points of the Episode

• What is a fiduciary?
• The first key to retirement income distribution: setting a budget for retirement expenses.
• Why do people resist creating a budget
• Understand what soft offers are 

Standout Quotes from The Episode:

"As you're talking about retirement income distribution, the very basic thing you need to know is what expenses you are going to have when you retire."

"Getting older, retirement, money, and looking at the end of life that kind of humbling puts things in perspective which makes people pride more pliant to good advice."

Connect With Tommy:

Website: https://thirdactretirement.com/

Call: 1-800-917-5016 or 770-971-2888 to set up a free call

Key Talking Points of the Episode

• Wise ways to approach the key areas of spending in retirement
• Do you listen to your gut?
• An example of people doing the most with their money emotionally
• Grocery spending
• Putting up some guardrails

Standout Quotes from the Episode:

"It's hard for people to be happy and have confidence to look people in the eye on a consistent basis when they're walking around with secrets."

Resources Mentioned in the Episode:

The Millionaire Next Door- Thomas J. Stanley

Connect with Tommy:

Website: https://thirdactretirement.com/

Call: 1-800-917-5016 or 770-971-2888 to set up a free call

Key Talking Points of the Episode:

• The different types of incomes people can experience in retirement
• Understanding the annuities
• What’s the best place to invest $1.3 million as far as precious metals go?
• How to diversify in real estate without having to take up a lot of management and repair costs
• Straightforward option for people might be generating income from just selling stocks
• What does Tommy bring to the table?

Standout Quotes from the Episode:

“There’s a reason why people do the things that they do.”

“Real estate along with the stock market are inflationary asset classes along with commodities.”

“I do not recommend gold stocks. Gold stocks are more volatile than technology stocks.”

“You need to know how your financial advisor is being compensated before you buy an annuity.”

Connect with Tommy Cloud:

Website: https://thirdactretirement.com/

Blog: https://thirdactretirement.com/blog

LinkedIn: https://www.linkedin.com/in/thomas-cloud-jr-cfp-r-chfc-r-aams-r-81b2122/

Listen in and hear Tommy Cloud’s thoughts on this subject.

Key Talking Points of the Episode:

• Brett’s date with a movie star
• Is the stock market going to crash?
• advice for near term retirement people

Standout Quotes from the Episode: 

“Spread out your wealth, don’t just put it in the stock market.”

“You can’t pay 35 times a company’s earnings and expect it to stay like that.”

“If you shoot enough half court shots, one of them is going to fall.”

Connect with Tommy Cloud:

Website: https://thirdactretirement.com/

Blog: https://thirdactretirement.com/blog

LinkedIn: 

https://www.linkedin.com/in/thomas-cloud-jr-cfp-r-chfc-r-aams-r-81b2122/

Key Talking Points of the Episode:

• Is a million dollars enough to retire?
• How interruptions in our family domestic marriage make a significant impact on our money
• How Tommy helps couples in ensuring they have enough money in their old age
• What makes Tommy the best person to advise his clients and stand out from the rest of the financial planners?

Standout Quotes from the Episode:

“You don’t want to ever get in a situation where you have put your spouse at a point where they can’t go back, and they must go forward.”

“Assets have to serve a purpose.”

“We are in a place where diversification is going to be important.”

Connect with Tommy:

Website: https://calendly.com/thomascloud/retirement-ready-success-call 

Call: 1-800-917-5016 or 770-971-2888 to set up a call

Are you ready to learn? Listen to this episode.

Key Talking Points of the Episode:

[01:22] Finding a financial planner that you can trust

[10:30] What are the best types of investment for a retiree or someone about to retire?

[20:06] |How Tommy establishes trust with his clients

Standout Quotes from the Episode:

“Trust is an interesting thing with people. You’re trusting flawed beings. It’s hard for people to be consistent over a lifetime.”

“A lot of times the slow, steady and simple wins the race. All the ambitious and aggressive can be disastrous and destructive of peace.”

“Diversification is the best long-term strategy with most of our money.”

Connect with Thomas Cloud:

LinkedIn: https://www.linkedin.com/in/thomas-cl...

Website: https://www.thirdactretirement.com/