New Focus On Wealth With Chad Burton

In 2023, interest rates underwent significant fluctuations, starting with an inversion where the two-year U.S. Treasury paid more than the 10-year U.S. Treasury. However, as the year progressed, interest rates rallied. By year-end, the 10-year U.S. Treasury rate stood at approximately 3.88%, reaching a peak of 4% at one point. Meanwhile, the two-year treasury closed the year at 4.23%. This unprecedented volatility in interest rates had a profound impact on the market. The episode highlights the strong performance of the NASDAQ, with the QQQ ETF rallying by 54.85%. This indicates that the QQQ ETF, which tracks the NASDAQ's performance, achieved a total return of 54.85% in 2023. This remarkable increase surpassed other major indexes like the S&P 500. The NASDAQ's robust performance can be attributed to the recovery of tech stocks, which had experienced a decline in the previous year. Additionally, the S&P 500 delivered a total return of 26.19% in 2023, indicating a positive year, albeit not as strong a

In this episode of New Focus on Wealth, certified financial planner Chad Burton provides valuable insights into the current state of the market and offers expert advice on managing your investments. Chad discusses the recent market rally since November 1st, highlighting the performance of various asset classes such as the S&P 500, equal-weighted S&P 500 ETF, emerging markets, international developed markets, Russell 2000, and bonds. He emphasizes the importance of diversification and the potential opportunities in areas that have experienced price declines. The episode also delves into the concept of tax loss harvesting, where Chad explains how investors can strategically sell assets showing losses to offset gains and reduce their tax liability. He provides examples and tips on how to effectively implement this strategy in a taxable investment account. Furthermore, Chad explores the benefits of direct indexing for high-net-worth individuals, explaining how it allows investors to replicate the holdings

In this episode of "New Focus on Wealth," Certified Financial Planner Chad Burton provides a market update, discussing the performance of various indices and asset classes. He highlights the strong performance of the NASDAQ and S&P 500, as well as the potential opportunities in emerging markets and actively managed funds. Chad also shares year-end tax moves to consider, including tax loss harvesting and managing capital gains distributions. He delves into the 4% draw rule for retirement income, explaining its limitations and the importance of adjusting spending during market downturns. Additionally, Chad explores the differences between ETFs and mutual funds, emphasizing the tax efficiency of ETFs in taxable accounts. Overall, this episode offers valuable insights and strategies for managing wealth and making informed financial decisions. Timestamps: [00:01:09] Tech recovery [00:04:10] Selective value stocks outperforming. [00:08:31] Year end tax moves. [00:13:00] Selling stock tax-wise for the year. [00

In this episode of "New Focus on Wealth," certified financial planner Chad Burton provides a comprehensive market update, discussing the recent rally in stocks, the bond market, and the potential impact of the Federal Reserve's interest rate decisions. He highlights the performance of different indexes, such as the NASDAQ, S&P 500, and Russell 2000, and emphasizes the importance of diversification in a balanced portfolio. Chad also delves into the value of credit card points and airline miles, addressing concerns about potential devaluation and the impact of the Credit Card Competition Act. Additionally, he shares insights on the significance of water consumption for overall health and retirement readiness, emphasizing the importance of staying hydrated and maintaining a healthy lifestyle. The episode concludes with a reminder to sign up for a webinar on retirement readiness and the benefits of using a corporate bond ladder in retirement planning. Timestamps: [00:01:10] Market update and rally. [00:03:42

In this episode of "New Focus on Wealth," certified financial planner Chad Burton discusses various topics related to retirement planning and financial security. He starts by paying tribute to Charlie Munger, vice chairman of Berkshire Hathaway, who recently passed away. Chad then delves into the performance of Berkshire Hathaway over the years and highlights the differences between its A and B shares. He also provides an update on the overall market and discusses the importance of having a dynamic withdrawal strategy in retirement, taking into account factors such as tax planning, healthcare costs, and market cycles. Chad emphasizes the need to track expenses, consider long-term care insurance, and utilize health savings accounts (HSAs) for retirement planning. He concludes by stressing the significance of maintaining good health and staying active in retirement. Listeners are invited to sign up for a webinar on the seven steps for retirement readiness, hosted by Chad and Rob Black. Timestamp: [00:01:33] Ch

In this podcast episode, the host, Chad Burton, discusses various topics related to personal finance, wealth management, and retirement readiness. Here are some key points covered in the episode: The stock market performance in 2023, with the NASDAQ up 46.5% and the S&P 500 up 19.85%. The impact of the Federal Reserve's interest rate cycle on market performance. The importance of balanced portfolios and volatility management in retirement planning. The use of AI technology, such as chat GPT-4, in changing the way people search for information online. The need for investors to be cautious about chasing high returns and to focus on long-term investment strategies. The expectation of future tax increases and the importance of utilizing Roth IRAs and Roth 401(k)s for tax-free growth. The potential challenges facing the Social Security system and the need for individuals to plan for retirement beyond relying solely on Social Security benefits. The impact of processed foods and microplastics on mental health a

In this episode of the podcast "New Focus on Wealth," host Chad Burton, a certified financial planner, discusses various topics related to personal finance, wealth management, and the economy. The episode begins with a disclaimer that the views and opinions expressed are not necessarily those of the radio station or its sponsors, and should not be taken as legal, tax, or investment advice. Listeners are encouraged to consult with an appropriate advisor before making any financial decisions. Chad Burton starts by introducing himself as a certified financial planner and invites listeners to send in their money-related questions. He mentions that the episode will cover the current state of the market, IRA to Roth conversions, and strategies for funding charities during the month of giving. The discussion on the market begins with an overview of the S&P 500 and its tech-heavy composition. Chad explains that the market has experienced a rally in recent weeks due to the Federal Reserve signaling a pause in inte

In this episode of the podcast, certified financial planner Chad Burton provides insights and analysis on various financial topics. The episode begins with a discussion on the current state of the market, focusing on the S&P 500 and NASDAQ indexes. Burton explains the composition of these indexes and highlights the dominance of tech stocks in their performance. He also emphasizes the importance of diversification in building portfolios and cautions against solely relying on large-cap growth stocks. Burton then delves into the performance of different asset classes, including emerging markets, international developed markets, small-cap and mid-cap stocks, and real estate. He compares their returns for the year and provides context by examining their performance since January 2022. He notes that while large-cap growth stocks have seen significant gains this year, other asset classes are still down from their January 2022 levels, presenting potential opportunities for investors. The discussion shifts to fixe

In this episode, Chad & Rob dive into the seven tests for retirement readiness, providing valuable insights and advice to help you make sense of your money matters. With over 28 years of experience in finance and investing, Chad draws from his expertise to guide you through the intricacies of retirement planning. But before delving into the tests, Chad emphasizes the importance of seeking unbiased advice from a certified financial planner practitioner, rather than relying on financial advisors who may be more focused on selling products than providing comprehensive planning. He also highlights the need to have a clear understanding of your expenses, including non-discretionary and discretionary costs, as well as healthcare expenses and potential future expenses such as grandkids' gifts, home maintenance, and vacations. Chad stresses the significance of considering your tax situation and the potential impact of market corrections on your portfolio. He also touches on the importance of long-term care planni

In this episode, Chad & Rob dive into the complex world of retirement income and strategies. From taxes and healthcare costs to investment withdrawal and Social Security, Chad breaks down the different phases of retirement and the financial considerations that come with each stage. He also discusses the importance of having a solid retirement plan, especially for those aged 55 and older with significant investable assets. Chad also highlights an upcoming event, the "Seven Tests of Retirement Readiness," where attendees can gain valuable insights and guidance on navigating the complexities of retirement. Whether you're looking to optimize your retirement income or make informed financial decisions, this episode offers valuable advice and expert insights from a seasoned financial planner.   Timestamps: 00:01:27 Retirement income strategies and phases. 00:05:08 Social Security benefits and taxes. 00:10:11 Consider bond laddering for safety. 00:15:00 Be cautious when rolling over a 401k into an IRA, especiall

In this episode of the podcast, certified financial planner Chad Burton joins host Rob Black to discuss the various aspects of retirement planning and wealth management. The episode focuses on the importance of retirement readiness and happiness, emphasizing the need to plan for a fulfilling and financially secure future. Chad highlights the significance of factors such as taxes, income, long-term care, safe money, investing, life goals, and health and wellness in retirement planning. He also delves into the complexities of required minimum distributions (RMDs) and Roth conversions, providing valuable insights and strategies to navigate these aspects of retirement planning. Additionally, Chad sheds light on unexpected retirement expenses, such as taxes, inflation, healthcare costs, home maintenance, travel expenses, and the financial implications of losing a spouse.  Timestamps: [00:02:00] Delaying retirement for happiness. [00:04:24] Bad advice versus a fiduciary. [00:08:22] Account consolidation and taxes.

In this podcast episode, Chad & Rob cover the topic of gifting to family and charity for year-end tax planning. Chad emphasizes the importance of doing a long-term cashflow projection and considering the potential taxes that need to be paid when drawing from retirement accounts. Burton explains that individuals can gift to as many people as they want, but exceeding $17,000 to a single person requires filing a gift tax return. He also discusses the estate tax exemption and how gifting can help reduce the taxable estate. Timestamps: [00:01:52] Gifting rules and tax implications. [00:03:48] Gifting to reduce estate tax. [00:07:37] Setting up spousal lifetime access trusts. [00:11:11] Health and fitness advice. [00:14:39] Giving from IRA to charity. [00:17:59] Donor-advised fund. [00:21:01] Tax deductions for charitable giving. [00:24:29] Charitable remainder trust and donor advised funds. [00:29:08] Tax loss harvesting. [00:32:39] Lower taxes for longer. [00:34:06] Accumulating wealth and financial planning.

In this episode of New Focus on Wealth, host Chad Burton discusses the current stock market correction and its implications for investors. He explains that a correction occurs when the market is down 10% from a recent peak and highlights that most indexes have been negative since January 2022. Chad also mentions the impact of rising interest rates on tech stocks and the subsequent rally in the AI sector. Despite the QQQ ETF representing the NASDAQ being up 33.87% for the year, it is still down from its highs. Listeners are encouraged to consult a financial advisor before making any investment decisions. Timestamps: [00:03:08] Overall stock market performance. [00:04:14] Negative year in bonds. [00:07:53] Safe money in retirement. [00:11:08] Stock market corrections. [00:15:34] Tech stocks and buying opportunities. [00:19:26] Interest rates [00:22:13] Massive inflation caused by PPP loans and ERC credits. [00:26:05] Bonds as buying opportunities. [00:29:05] Laddered bond portfolios with high yields. [00:33:19]

In this episode of "Joining Me Now" Chad & Rob discuss the complexities of the bond market and the differences between short-term and long-term bonds. Chad explains that bonds are essentially IOUs where investors lend money to the government or corporations in exchange for a rate of return. To gauge the performance of the bond market, Burton suggests looking at the total return of different ETFs. Timestamps: [00:02:14] Bond market performance. [00:04:00] Reinvestment risk and bond portfolio. [00:07:55] The vibe in the bond market. [00:11:32] Long-term care insurance. [00:14:20] Long-term care insurance complexities. [00:18:27] Spending habits and retirement. [00:21:20] Long-term care tax. [00:25:02] Inter-family reverse mortgage [00:29:13] Viatical settlements and life insurance. [00:33:09] FTX bankruptcy and Bitcoin. Email your money question to chad@chadburton.com Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.ChadBurton.com

In this episode of New Focus on Wealth, host Chad Burton provides a market update and discusses the recent pullback in stocks and bonds. He shares the current numbers for the S&P 500 and highlights the comparison between the S&P 500 and the NASDAQ. Chad also mentions an upcoming event on retirement readiness and encourages listeners to sign up. Timestamps: [00:01:23] Market update and performance. [00:04:23] Stock market performance analysis. [00:09:21] Small cap stocks and recovery. [00:14:04] REITs and rising interest rates. [00:16:32] Real estate investment trusts. [00:21:06] Bond rates reinvestment risk. [00:25:00] Laddering Treasury bonds and corporate bonds. [00:30:57] Medicaid and Spousal Impoverishment. [00:32:41] Medicaid planning for nursing homes. [00:36:23] Planning for long-term care. Email your money question to chad@chadburton.com.  Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.ChadBurton.com

In this episode of "New Focus on Wealth," host Chad Burton provides a market update, discussing the resilient economy despite inverted yield curves and higher interest rates. He also touches on the topic of inflation, with the CPI coming in slightly higher than expected. The episode concludes with a discussion on the rise in energy prices, particularly oil prices reaching a new year-to-date high. Timestamp: [00:01:05] Inflation and interest rates. [00:06:56] REITs and their performance. [00:08:25] Real estate investment and office buildings. [00:12:26] ETFs and Index Funds [00:15:18] Weird math. [00:21:07] Where active management pays off. [00:24:06] Investing beyond index funds. [00:29:49] Asset location and tax efficiency. [00:32:08] Pay attention to your diet. [00:36:06] Probiotics for ADHD and depression. Email your money question to chad@chadburton.com.  Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.ChadBurton.com

In this episode, host Chad Burton provides a market update and discusses estate planning. He explains the importance of having a will, trust, power of attorney, and healthcare directive, and addresses the cost associated with these documents. Additionally, he shares that the S&P 500 has seen a rally with a total return of 18.36% for the year. Timestamps: [00:01:36] Market cap weighted index. [00:05:21] Weaker dollar and international positions. [00:08:22] Inverted yield curve. [00:11:22] Roth 401k and tax breaks. [00:17:06] Roth contributions and tax deductions. [00:19:07] What is an estate plan? [00:25:02] Power of attorney for digital assets. [00:26:09] Incapacity and healthcare directive. [00:30:55] Leaving money for kids. [00:34:06] Fully discretionary trust. [00:36:40] Financially screwing up kids. Email your money question to chad@chadburton.com.  Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.ChadBurton.com

In this episode, Chad & Rob discuss various finance and investment topics, including retirement and wealth preservation. Chad highlights the importance of being prepared for retirement and the potential consequences of not doing so. Chad also explains the significance of the CFP (Certified Financial Planner) designation and how it plays a vital role in managing portfolios.  Timestamps: [00:01:31] The CFP designation. [00:05:23] Retirement planning complexities. [00:08:02] Social Security and retirement. [00:11:28] Taxes in retirement. [00:17:36] Long-term care planning. [00:19:03] Medicaid planning and spousal impoverishment. [00:22:24] A sausage grinder inheritance. [00:26:49] Phantom income in taxable accounts. [00:32:07] A successful retirement look. [00:33:19] Higher portfolio value investment options. Email your money question to chad@chadburton.com Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.ChadBurton.com

In this podcast, Chad & Rob discuss the importance of budgeting in retirement. They highlight the risk of overspending in the early years of retirement, especially when faced with a market correction. Burton suggests using a baseline approach, such as living off 70-80% of current income, or looking at net income after taxes to determine retirement spending. He also mentions the need to account for healthcare costs, as retirees are responsible for their own healthcare until they reach 65 and become eligible for Medicare. Timestamps [00:02:18] Spending in retirement. [00:06:21] Safe cash withdrawal rate. [00:08:00] Retirement challenges and portfolio management. [00:13:24] Health and retirement planning. [00:14:13] Whitewater rafting and injuries. [00:19:31] Retirement savings statistics. [00:21:10] Social Security and retirement. [00:24:14] Asset location and tax efficiency. [00:28:04] The stock market's safety. [00:30:44] Retirement savings for low-income workers. [00:34:01] Making assets last in retireme

In this podcast, Chad & Rob, discuss the current earning season and its impact on the market. They note that while reports have been better than expected, there is still an overall earnings decline of the S&P 500. However, the S&P 500 has seen a 14.95% return, indicating a slight pullback from previous levels. The discussion also touches on the importance of comparing the S&P 500 to the Nasdaq. Tune in to gain valuable insights into the financial landscape. [00:02:20] Tech stocks and market performance. [00:04:18] Inverted yield curve. [00:08:51] The order of stock market returns. [00:11:35] Sequence of returns. [00:16:20] Shortcut mentality in wealth management. [00:20:07] Larger portfolios for retirement. [00:21:47] Portfolio design and alternatives. [00:25:07] Evolving retirement plans. [00:29:27] Financial planning in changing times. [00:32:02] Finding a retirement location. [00:36:22] Paying off mortgages vs. investing. [00:38:26] Should I stay retired? Email your money question to chad@c