<description>&lt;p class="p1"&gt;&lt;span style= "font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen, Ubuntu, Cantarell, 'Open Sans', 'Helvetica Neue', sans-serif;"&gt; Joe Anderson, CFP® and Big Al Clopine, CPA spitball on how to build your own retirement AND support your kids financially, today on Your Money, Your Wealth® podcast number 575. "Lloyd and Diane" in Montgomery County are 50 with $8.4 million. Can they retire early and still be generous with their kids? E and T in Missouri are 34 and 31 with $255K, and hopefully some big inheritances in the future. Can they fund the kids' college, and help them buy their first homes, AND retire early? Kent in Kansas City is 73 with 12 million bucks and $2 million in life insurance. Do Joe and Big Al back up his plan to buy an annuity, gift money to his kids now, and still spend freely in retirement, &lt;em&gt;Die With Zero&lt;/em&gt; style? Finally, should John in the San Francisco Bay Area sell the family home and move to Nevada, or hold the house for his autistic daughters to inherit later?&lt;/span&gt;&lt;/p&gt; &lt;p class="p1"&gt;&lt;span class="s1"&gt;&lt;strong&gt;Free Financial Resources in This Episode:&lt;/strong&gt;&lt;/span&gt;&lt;/p&gt; &lt;p class="p2"&gt;&lt;strong&gt;&lt;a href= "https://bit.ly/ymyw-575"&gt;https://bit.ly/ymyw-575&lt;/a&gt;&lt;/strong&gt; &lt;em&gt;(full show notes &amp; episode&lt;/em&gt; transcript)&lt;/p&gt; &lt;p class="p3"&gt;&lt;span class="s1"&gt;&lt;strong&gt;Estate Plan Organizer&lt;/strong&gt;&lt;/span&gt; &lt;em&gt;&lt;span class="s2"&gt;- free download:&lt;/span&gt;&lt;/em&gt;&lt;/p&gt; &lt;p class="p4"&gt;&lt;span class="s1"&gt;&lt;a href= "https://purefinancial.com/white-papers/estate-plan-organizer/?utm_source=LibsynDestinations&amp;utm_medium=podcast&amp;utm_campaign=YMYW-575"&gt; https://purefinancial.com/white-papers/estate-plan-organizer/?utm_source=LibsynDestinations&amp;utm_medium=podcast&amp;utm_campaign=YMYW-575&lt;/a&gt; &lt;/span&gt;&lt;/p&gt; &lt;p class="p3"&gt;&lt;span class="s1"&gt;&lt;strong&gt;Retirement Readiness Guide&lt;/strong&gt;&lt;/span&gt; &lt;em&gt;&lt;span class="s2"&gt;- free download:&lt;/span&gt;&lt;/em&gt;&lt;/p&gt; &lt;p class="p4"&gt;&lt;span class="s1"&gt;&lt;a href= "https://purefinancial.com/white-papers/retirement-readiness-guide/?utm_source=LibsynDestinations&amp;utm_medium=podcast&amp;utm_campaign=YMYW-575"&gt; https://purefinancial.com/white-papers/retirement-readiness-guide/?utm_source=LibsynDestinations&amp;utm_medium=podcast&amp;utm_campaign=YMYW-575&lt;/a&gt; &lt;/span&gt;&lt;/p&gt; &lt;p class="p3"&gt;&lt;span class="s1"&gt;&lt;strong&gt;Four Hard Truths About Retirement You Need to Face&lt;/strong&gt;&lt;/span&gt; &lt;em&gt;&lt;span class="s2"&gt;- YMYW TV:&lt;/span&gt;&lt;/em&gt;&lt;/p&gt; &lt;p class="p4"&gt;&lt;span class="s1"&gt;&lt;a href= "https://purefinancial.com/ymyw/episodes/4-hard-retirement-truths-about-retirement-you-need-to-face/?utm_source=LibsynDestinations&amp;utm_medium=podcast&amp;utm_campaign=YMYW-575"&gt; https://purefinancial.com/ymyw/episodes/4-hard-retirement-truths-about-retirement-you-need-to-face/?utm_source=LibsynDestinations&amp;utm_medium=podcast&amp;utm_campaign=YMYW-575&lt;/a&gt; &lt;/span&gt;&lt;/p&gt; &lt;p class="p4"&gt;&lt;span class="s1"&gt;&lt;strong&gt;Financial Blueprint&lt;/strong&gt; &lt;strong&gt;&lt;em&gt;(self-guided):&lt;/em&gt;&lt;/strong&gt;&lt;/span&gt;&lt;/p&gt; &lt;p class="p4"&gt;&lt;span class="s1"&gt;&lt;a href= "https://bit.ly/PureFinancialBlueprint"&gt;https://bit.ly/PureFinancialBlueprint&lt;/a&gt; &lt;/span&gt;&lt;/p&gt; &lt;p class="p4"&gt;&lt;span class="s1"&gt;&lt;strong&gt;Financial Assessment&lt;/strong&gt; &lt;strong&gt;&lt;em&gt;(Meet with an experienced professional):&lt;/em&gt;&lt;/strong&gt;&lt;/span&gt;&lt;/p&gt; &lt;p class="p4"&gt;&lt;span class="s1"&gt;&lt;a href= "https://bit.ly/PureFreeAssessment"&gt;https://bit.ly/PureFreeAssessment&lt;/a&gt; &lt;/span&gt;&lt;/p&gt; &lt;p class="p4"&gt;&lt;span class="s1"&gt;&lt;strong&gt;REQUEST your Retirement Spitball Analysis:&lt;/strong&gt;&lt;/span&gt;&lt;/p&gt; &lt;p class="p4"&gt;&lt;span class="s1"&gt;&lt;a href= "https://bit.ly/AskJoeAndAl"&gt;https://bit.ly/AskJoeAndAl&lt;/a&gt; &lt;/span&gt;&lt;/p&gt; &lt;p class="p4"&gt;&lt;span class="s1"&gt;&lt;strong&gt;DOWNLOAD more free guides:&lt;/strong&gt;&lt;/span&gt;&lt;/p&gt; &lt;p class="p4"&gt;&lt;span class="s1"&gt;&lt;a href= "https://bit.ly/PureGuides"&gt;https://bit.ly/PureGuides&lt;/a&gt; &lt;/span&gt;&lt;/p&gt; &lt;p class="p4"&gt;&lt;span class="s1"&gt;&lt;strong&gt;READ financial blogs:&lt;/strong&gt;&lt;/span&gt;&lt;/p&gt; &lt;p class="p4"&gt;&lt;span class="s1"&gt;&lt;a href= "https://bit.ly/PureFinBlog"&gt;https://bit.ly/PureFinBlog&lt;/a&gt; &lt;/span&gt;&lt;/p&gt; &lt;p class="p4"&gt;&lt;span class="s1"&gt;&lt;strong&gt;WATCH educational videos:&lt;/strong&gt;&lt;/span&gt;&lt;/p&gt; &lt;p class="p4"&gt;&lt;span class="s1"&gt;&lt;a href= "https://bit.ly/PureEdVideos"&gt;https://bit.ly/PureEdVideos&lt;/a&gt; &lt;/span&gt;&lt;/p&gt; &lt;p class="p4"&gt;&lt;span class="s1"&gt;&lt;strong&gt;SUBSCRIBE to the YMYW Newsletter:&lt;/strong&gt;&lt;/span&gt;&lt;/p&gt; &lt;p class="p4"&gt;&lt;span class="s1"&gt;&lt;a href= "https://bit.ly/YMYWNewsletter"&gt;https://bit.ly/YMYWNewsletter&lt;/a&gt; &lt;/span&gt;&lt;/p&gt; &lt;p class="p5"&gt; &lt;/p&gt; &lt;p class="p4"&gt;&lt;span class="s1"&gt;&lt;strong&gt;Connect With Us:&lt;/strong&gt;&lt;/span&gt;&lt;/p&gt; &lt;p class="p4"&gt;&lt;span class="s1"&gt;&lt;strong&gt;Subscribe on YouTube and join the conversation in the comments:&lt;/strong&gt;&lt;/span&gt;&lt;/p&gt; &lt;p class="p4"&gt;&lt;span class="s1"&gt;&lt;a href= "https://bit.ly/YMYW-YT"&gt;https://bit.ly/YMYW-YT&lt;/a&gt; &lt;/span&gt;&lt;/p&gt; &lt;p class="p4"&gt;&lt;span class="s1"&gt;&lt;strong&gt;Subscribe or follow YMYW in your favorite podcast app:&lt;/strong&gt;&lt;/span&gt;&lt;/p&gt; &lt;p class="p4"&gt;&lt;span class="s1"&gt;&lt;a href= "https://lnk.to/ymyw"&gt;https://lnk.to/ymyw&lt;/a&gt; &lt;/span&gt;&lt;/p&gt; &lt;p class="p4"&gt;&lt;span class="s1"&gt;&lt;strong&gt;Leave your honest reviews and ratings in Apple Podcasts:&lt;/strong&gt;&lt;/span&gt;&lt;/p&gt; &lt;p class="p4"&gt;&lt;span class="s1"&gt;&lt;a href= "https://podcasts.apple.com/us/podcast/your-money-your-wealth/id312900254"&gt; https://podcasts.apple.com/us/podcast/your-money-your-wealth/id312900254&lt;/a&gt; &lt;/span&gt;&lt;/p&gt; &lt;p class="p6"&gt; &lt;/p&gt; &lt;p class="p7"&gt;&lt;strong&gt;Chapters:&lt;/strong&gt;&lt;/p&gt; &lt;p class="p7"&gt;00:00 - Intro: This Week on the YMYW Podcast&lt;/p&gt; &lt;p class="p7"&gt;01:10 - 50 with $8.4M. Can We Retire Early and Still Give to Our Kids? (Lloyd Dobler and Diane, Montgomery County, MD)&lt;/p&gt; &lt;p class="p7"&gt;11:41 - Die With Zero: Spend My $12M or Buy an Annuity? (Kent, 73 &amp; 70, Kansas City)&lt;/p&gt; &lt;p class="p7"&gt;25:08 - Can We Afford Kids' College AND Houses AND Our Own Early Retirement? (E &amp; T, 34 &amp; 31, Missouri)&lt;/p&gt; &lt;p class="p7"&gt;34:17 - Should We Move to Save Money or Keep the House for Our Autistic Kids? (John, 68 &amp; 66, San Francisco Bay Area)&lt;/p&gt; &lt;p class="p7"&gt;42:29 - Outro: Next Week on the YMYW Podcast&lt;/p&gt;</description>

Your Money, Your Wealth

Joe Anderson, CFP® & Alan Clopine, CPA of Pure Financial Advisors

Die With Zero: Are You Giving Your Kids Too Much? - 575

MAR 31, 202644 MIN
Your Money, Your Wealth

Die With Zero: Are You Giving Your Kids Too Much? - 575

MAR 31, 202644 MIN

Description

Joe Anderson, CFP® and Big Al Clopine, CPA spitball on how to build your own retirement AND support your kids financially, today on Your Money, Your Wealth® podcast number 575. "Lloyd and Diane" in Montgomery County are 50 with $8.4 million. Can they retire early and still be generous with their kids? E and T in Missouri are 34 and 31 with $255K, and hopefully some big inheritances in the future. Can they fund the kids' college, and help them buy their first homes, AND retire early? Kent in Kansas City is 73 with 12 million bucks and $2 million in life insurance. Do Joe and Big Al back up his plan to buy an annuity, gift money to his kids now, and still spend freely in retirement, Die With Zero style? Finally, should John in the San Francisco Bay Area sell the family home and move to Nevada, or hold the house for his autistic daughters to inherit later? Free Financial Resources in This Episode: https://bit.ly/ymyw-575 (full show notes & episode transcript) Estate Plan Organizer - free download: https://purefinancial.com/white-papers/estate-plan-organizer/?utm_source=LibsynDestinations&utm_medium=podcast&utm_campaign=YMYW-575 Retirement Readiness Guide - free download: https://purefinancial.com/white-papers/retirement-readiness-guide/?utm_source=LibsynDestinations&utm_medium=podcast&utm_campaign=YMYW-575 Four Hard Truths About Retirement You Need to Face - YMYW TV: https://purefinancial.com/ymyw/episodes/4-hard-retirement-truths-about-retirement-you-need-to-face/?utm_source=LibsynDestinations&utm_medium=podcast&utm_campaign=YMYW-575 Financial Blueprint (self-guided): https://bit.ly/PureFinancialBlueprint Financial Assessment (Meet with an experienced professional): https://bit.ly/PureFreeAssessment REQUEST your Retirement Spitball Analysis: https://bit.ly/AskJoeAndAl DOWNLOAD more free guides: https://bit.ly/PureGuides READ financial blogs: https://bit.ly/PureFinBlog WATCH educational videos: https://bit.ly/PureEdVideos SUBSCRIBE to the YMYW Newsletter: https://bit.ly/YMYWNewsletter Connect With Us: Subscribe on YouTube and join the conversation in the comments: https://bit.ly/YMYW-YT Subscribe or follow YMYW in your favorite podcast app: https://lnk.to/ymyw Leave your honest reviews and ratings in Apple Podcasts: https://podcasts.apple.com/us/podcast/your-money-your-wealth/id312900254 Chapters: 00:00 - Intro: This Week on the YMYW Podcast 01:10 - 50 with $8.4M. Can We Retire Early and Still Give to Our Kids? (Lloyd Dobler and Diane, Montgomery County, MD) 11:41 - Die With Zero: Spend My $12M or Buy an Annuity? (Kent, 73 & 70, Kansas City) 25:08 - Can We Afford Kids' College AND Houses AND Our Own Early Retirement? (E & T, 34 & 31, Missouri) 34:17 - Should We Move to Save Money or Keep the House for Our Autistic Kids? (John, 68 & 66, San Francisco Bay Area) 42:29 - Outro: Next Week on the YMYW Podcast