Tag: Financial

Maximizing Unexpected Cash: Smart Strategies for Financial Success (Ep 53)

Maximizing Unexpected Cash: Smart Strategies for Financial Success (Ep 53)

By |

Are you ready to take control of your wealth and design the life you envision for yourself and your family? Welcome to Wealth of Insight with Austyn Whittenburg from Whittenburg Wealth Partners. In this episode, Austyn guides you through practical strategies for incorporating unexpected cash into your financial plan, empowering you with creative investment opportunities and planning ideas to achieve your long-term goals.

Join us as we delve into effective methods for managing unexpected inflows of money, whether from bonuses, inheritances, or insurance settlements. Austyn’s insights will help you gain confidence in your financial future and make informed decisions.

In this episode, we’ll cover:

  • The 50/50 rule: Balancing enjoyment and future planning
  • Building and topping off your emergency fund
  • Paying down high-interest debt and credit cards
  • Strategies for managing tax implications from unexpected cash
  • Investing in retirement accounts and long-term growth options
  • Paying down your mortgage and understanding the impact
  • Incorporating charitable donations for personal and tax benefits

Discover how these approaches can provide peace of mind and financial security, while also allowing for some immediate enjoyment. Learn how to structure your financial plan to accommodate windfalls and prepare for the unexpected with Austyn’s expert guidance.

Practical benefits include:

  • Gaining a clear framework for managing unexpected money
  • Understanding the tax implications and strategic responses
  • Achieving a balanced approach to spending and saving
  • Exploring investment options that align with your goals
  • Enhancing your overall financial well-being

Engage with us by asking questions or sharing your thoughts! Contact us through our website at whittenburgwealth.com or text us at (801) 839-7056. Don’t forget to like and subscribe to the Wealth of Insight podcast and share it with your friends and family.

Tune in to this episode for valuable insights that will help you navigate the complexities of unexpected financial gains and take meaningful steps toward a secure and prosperous future.

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More
#51 Unveiling the Hidden Value of Financial Advice

#51 Unveiling the Hidden Value of Financial Advice

By |

Are you curious about the real impact of financial advice beyond just managing investments? Join us on Wealth of Insight with Austyn Whittenburg as we delve into the layers of value that a financial advisor can provide to enhance your financial well-being.

In this episode, Austyn sheds light on the multifaceted role of financial advisors and uncovers the often-overlooked areas where they add substantial value to your financial journey.

Here’s what you can expect to learn:

  • Personalized Financial Planning: Explore how experienced advisors tailor plans to fit your unique goals, risk tolerance, retirement plans, estate planning, and tax strategies.
  • Behavioral Coaching: Discover the art of managing client behavior, avoiding rash decisions during market volatility, and staying true to your long-term financial plan.
  • Tax Efficiency: Learn about asset allocation strategies, investment placement, and tax-efficient investment vehicles that seek to minimize taxes and maximize returns.
  • Implementation Excellence: Understand the importance of timely plan implementation, fee management, and estate planning for wealth transfer efficiency.

Join us as we uncover the substantial value beyond mere investment management that financial advisors can bring to your financial journey. Gain insights, actionable strategies, and a deeper understanding of how personalized financial guidance can empower you to pursue your financial goals.

Have questions or insights to share? Connect with Austyn at Whittenburg Wealth Partners to explore further. Don’t forget to subscribe and share the Wealth of Insight podcast with your friends and family for more valuable financial wisdom.

Thank you for tuning in to Wealth of Insight, where we illuminate the path to financial empowerment and success.

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More
Episode 50 – Navigating Your Retirement Milestones

Episode 50 – Navigating Your Retirement Milestones

By |

Are you ready to seize control of your financial future and make informed decisions about your retirement?

In this episode of Wealth of Insight with Austyn Whittenburg, we delve into the crucial milestones leading up to retirement and how you can navigate them strategically to enhance your financial well-being. Join Austyn as he shares experienced insights and practical advice on optimizing your retirement planning journey.

Key Points Discussed:

 Understanding catch-up contributions and their benefits starting at age 50.

 Exploring the Rule of 55 and how it impacts accessing retirement funds.

 Discussing the significance of age 59 and a half in relation to penalty-free withdrawals.

 Analyzing the implications of starting Social Security benefits at age 62 versus waiting until full retirement age.

 Exploring the complexities of Medicare eligibility and planning for healthcare expenses.

 Highlighting the impact of delaying Social Security benefits until age 70 and the considerations involved.

 Understanding required minimum distributions (RMDs) and strategies to manage tax implications effectively. Benefits for Listeners:

 Gain clarity on important retirement milestones and how they affect your financial plans.

 Learn practical strategies to maximize retirement savings and minimize tax burdens.

 Receive professional guidance on making informed decisions about Social Security, Medicare, and RMDs.

 Empower yourself to design a retirement plan that aligns with your long-term financial goals.

 

Engagement and Contact Information:

Have questions or want to learn more? Visit our website at www.whittenburgwealth.com or text Austyn directly at 801-839-7056. Share this episode with your friends and family to help them optimize their retirement planning.

Don’t forget to subscribe for future episodes packed with valuable insights and advice.

Thank you for tuning in to the Wealth of Insight Podcast!

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More

FEATURE
Is It Time To Start Saving For Your Child’s Education? With Rick Gallacher, CFP® (Ep.16)

Is It Time To Start Saving For Your Child’s Education? With Rick Gallacher, CFP® (Ep.16)

By |

As college costs continue to rise, more parents and grandparents are looking into ways to save for their children’s education. But with the potential for taxes and penalties, is a 529 plan the right choice?

In this episode, Austyn Whittenburg talks with Rick Gallacher, CFP®, to discuss how you can start helping your kids save money for college with a college savings plan. When used right, you are able to use the money tax free on almost everything school related.

Rick discusses:

  • Options for paying for college
  • What you can use 529 funds for
  • How the family legacy pyramid works
  • Pros and cons of college savings plans
  • And more

Connect with Austyn Whittenburg:

Connect with Rick Gallacher:

About Our Guest:

Rick Gallacher has experience in the areas of financial modeling, asset allocation, investment selection, estate planning, personal risk management, holistic situation auditing and personal financial reporting. As a licensed CPA, he has proficiency in understanding and applying analysis to the overall economy, capital markets, corporate fundamentals, personal taxation and essential business law.

Prior to investing in 529 Plan investors should consider whether the investor’s or designated beneficiary’s home state offers any state tax or other state benefits such as financial aid, scholarship funds, and protection from creditors that are only available for investments in such state’s qualified tuition program. Withdrawals used for qualified expenses are federally tax free. Tax treatment at the state level may vary. Please consult with your tax advisor before investing.

Austyn Whittenburg, Rick Gallacher, Whittenburg Wealth Partners, and LPL Financial do not offer tax advice or services.



Podcast: Play in new window | Download | Embed

Subscribe: RSS | More

FEATURE
Positioning in the Bond Market with Scott Tallman (Ep. 9)

Positioning in the Bond Market with Scott Tallman (Ep. 9)

By |

With bonds in a laddered format, there is an opportunity to potentially increase your income stream with each passing year.

In this episode, Austyn Whittenburg talks with Scott Tallman, vice president at Belle Haven Investments. He shares how he is helping position people in the bond market and how the bond ladder impacts decision-making for bidding directly on bonds.

Scott discusses:

  • Two different ways to own a bond when investing
  • How he makes decisions on behalf of clients
  • How a bond ladder works
  • Where bonds have the potential to shine
  • And more

Connect with Austyn Whittenburg:

Connect with Scott Tallman:

About Our Guest:

Scott Tallman is the vice president at Belle Haven Investments, an independent, boutique fixed income manager. The firm specializes in building separately managed taxable and tax-exempt portfolios. Belle Haven has been managing portfolios since 2002. We are uniquely committed to serving consultants and advisors along with the institutions, foundations, family offices and high net worth individuals whom they represent. Our team’s expertise and focus in one asset class have resulted in award-winning strategies. Our goal is to provide an unrivaled level of service, reliability and customization to our advisors in building what we hope are partnerships for years to come.

Bonds are subject to market and interest rate risk if sold prior to maturity. Bond values will decline as

interest rates rise and bonds are subject to availability and change in price. Bond yields are subject to change. Certain call or special redemption features may exist which could impact yield. Municipal bonds are subject to availability and change in price. They are subject to market and interest rate risk if sold prior to maturity. Bond values will decline as interest rates rise. Interest income may be

subject to the alternative minimum tax. Municipal bonds are federally tax-free but other state and local taxes may apply. If sold prior to maturity, capital gains tax could apply. There is no assurance that these techniques are suitable for all investors or will yield positive outcomes. There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk. Alpha measures the difference between a portfolio’s actual returns and its expected performance, given its level of risk as measured by Beta. A positive (negative) Alpha indicates the portfolio has performed better (worse) than its Beta would predict. Beta measures a portfolio’s volatility relative to its benchmark. A Beta greater than 1 suggests the portfolio has historically been more volatile than its benchmark. A Beta less than 1 suggest the portfolio has historically been less volatile than its benchmark.



Podcast: Play in new window | Download | Embed

Subscribe: RSS | More

FEATURE
Our Client Experience — From First Contact to a Lifetime of Service (Ep. 2)

Our Client Experience — From First Contact to a Lifetime of Service (Ep. 2)

By |

Have you ever wondered what it would be like to have a financial advisor?

In this episode, Austyn Whittenburg talks about the full client experience, so that you can truly get a better understanding of how you can benefit from it. Whittenburg Wealth Partners uses a confidentiality agreement and top security measures, to be fully transparent and ensure the best possible service.

Austyn discusses:

  • Why clients work with Whittenburg Wealth Partners
  • Their confidentiality agreement process
  • Why transparency is so important
  • How Whittenburg Wealth Partners protects all your data
  • And more!

Connect with Austyn Whittenberg:

 

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More

FEATURE
Meet Your Host, Austyn Whittenburg With Dan Whittenburg (Ep. 1)

Meet Your Host, Austyn Whittenburg With Dan Whittenburg (Ep. 1)

By |

Are you ready to take control of your wealth and design the life you envision for yourself and your family?

In this inaugural episode, meet your host, Austyn Whittenburg, a wealth planner and partner with Whittenburg Wealth Partners, as he talks with special guest Dan Whittenburg. You will learn more about how they started operating a family-owned business in the industry of financial and wealth management located in Salt Lake City, Utah. Also, find out how Austyn helps his clients feel their best when working with his company.

Austyn discusses:

  • How he got into the financial industry
  • His team working at the firm
  • Why their clients want to hire them
  • How he helps his clients start planning
  • And more!

Connect with Austyn Whittenburg:

Connect with Dan Whittenburg:

About Our Guest:

For the last 25 years, Dan Whittenburg has provided comprehensive full-service, advice-based wealth management and is dedicated to serving successful business owners, professionals and affluent families as they make wise decisions regarding their wealth. He works with a team of specialists to help his clients with the financial and emotional issues involved in estate planning, financial independence, business succession, investment planning, income tax reduction strategies and risk management.

 

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More

Archives

Categories