Once you finished kindergarten you may have thought you had the alphabet all figured out. Well I have news for you! You probably don’t – when it comes to Medicare, that is. Greg Roessler is back on the show this week while John McCann is out on vacation and the timing could not be better.
There were a lot of trendy markets to invest in throughout the years. Some might have been great! Others also may have really hurt. There were even some very influential individuals that have been negatively impacted by getting caught up in the emotions of these bubbles in the market.
Wills, trusts, revocable trusts, non-revocable trusts, power of attorney. These are just a few of the many terms that people sometimes get tangled up in when trying to make the right decision.
A brother and a sister inherit 750 thousand dollars from their parents and plan to invest it all in a joint account and let it ride out for many years to grow. This was the situation of one listener this week and Michael Clark and John McCann dove in to clear up why using a joint account with a sibling or even a spouse with inherited money might not be the best decision.
The thought of going into retirement and running out of money is something that worries clients of John McCann and Michael Clark all the time. It is no fun watching someone worry about how much money that have left when they should be enjoying their time in retirement.