The simplicity of target date funds has made them popular, particularly among 401(k) investors. But investors may be paying a price. Links mentioned in this episode: Inheriting an Annuity? Here’s a Little-Known Way to Stretch Its Tax Benefits https://www.kiplinger.com/article/retirement/t003-c032-s014-inheriting-an-annuity-stretch-its-tax-benefits.html Retirement Ready (Tony Drake radio program) https://retirementreadyshow.com/about-us/ Is a Target Date Fund Right for You? https://www.kiplinger.com/article/investing/t047-c032-s014-is-a-target-date-fund-right-for-you.html ICI.org: Target Date Funds Remain Popular Investment in 401(k) Plans https://www.ici.org/news-release/21_news_tdf The Disturbing Conflicts of Interest in Target Date Funds https://www.kiplinger.com/investing/mutual-funds/602705/the-disturbing-conflicts-of-interest-in-target-date-funds  

Your Money's Worth

Episode 141: Target Date Funds with Tony Drake

Just because you’re in the will doesn’t mean you’re sitting pretty. Also: Does October deserve its scary reputation for stocks?   Links mentioned in this episode: 18 States With Scary Death Taxes https://www.kiplinger.com/retirement/inheritance/601551/states-with-scary-death-taxes PODCAST: Estate-Planning Your Stuff with T. Eric Reich https://www.kiplinger.com/retirement/estate-planning/602721/podcast-estate-planning-your-stuff-with-t-eric-reich

Episode 140: The Perils of Inheritance, with Tim Steffen

Mutual funds and exchange-traded funds -- two different but similar ways to invest. How to choose? Fund expert Todd Rosenbluth helps us sort it out. Also, if you have a leased car, don’t leave money on the table.   Links mentioned in this episode: iSeeCars: Best Leased Cars to Buy Back and Sell for Profit https://www.iseecars.com/best-leased-cars-to-buy-study ETFs vs. Mutual Funds: Why Investors Who Hate Fees Should Love ETFs https://www.kiplinger.com/investing/etfs/602576/etfs-vs-mutual-funds-why-investors-who-hate-fees-should-love-etfs The 21 Best ETFs to Buy for a Prosperous 2021 https://www.kiplinger.com/investing/etfs/601891/the-21-best-etfs-to-buy-for-2021

Episode 139: ETFs vs. Mutual Funds, with Todd Rosenbluth

In today's customer-service environment, getting through and getting results takes determination -- and skill. We'll talk about techniques to help you get help.   Links mentioned in this episode:   10 Things to Know About Hurricane Insurance Claims https://www.kiplinger.com/slideshow/insurance/t028-s001-10-things-to-know-about-hurricane-insurance-claims/index.html   After Hurricanes, Beware of Flooded Cars for Sale https://www.kiplinger.com/personal-finance/shopping/cars/603404/after-hurricane-beware-flooded-cars-for-sale   Your Tree, Your Neighbor’s Property: Whose Insurance Pays? https://www.kiplinger.com/article/insurance/t028-c001-s000-your-tree-your-neighbors-property-whose-insurance.html   How to Protect Your Home from Natural Disasters with the Right Insurance https://www.kiplinger.com/real-estate/home-improvement/602297/protect-your-home-from-natures-wrath   Avoid the Summer Travel Rush; Plan a Fall Getaway https://www.kiplinger.com/personal-finance/spending/602977/avoid-summers-rush-plan-a-fall-getaway   Complain and Get Results https://www.kiplinger.com/personal-finance/shopping/cars/603338/complain-and-get-results

Episode 138: Be a Better Complainer, with Emma Patch

Writer Adam Shell has distilled advice from seven Wall Street savants into guidance the individual investor can profit from.   Links mentioned in this episode:   https://minorleaguebaseballrelief.com/   Lessons from Top Investing Gurus https://www.kiplinger.com/investing/602998/lessons-from-top-investing-gurus   Warren Buffett Stocks Ranked: The Berkshire Hathaway Portfolio https://www.kiplinger.com/investing/stocks/602261/warren-buffett-stocks-ranked-the-berkshire-hathaway-portfolio   PODCAST: Unpacking the GameStop Blowup with Kyle Woodley https://www.kiplinger.com/investing/stocks/602235/podcast-unpacking-the-gamestop-blowup-with-kyle-woodley   The secrets of successful stock investing from a veteran markets reporter https://www.usatoday.com/story/money/2019/01/07/dow-stock-market-lessons-bear-markets/2480874002/

Episode 137: Lessons from Top Investing Gurus, with Adam Shell

Saving for retirement? Good start. But almost everyone has something to learn about optimizing their individual retirement account from IRA strategist Ed Slott. Also, the next round of retirement-planning changes Congress is eyeing.  Links mentioned in this episode: SECURE Act 2.0: 10 Ways the Proposed Law Could Change Retirement Savings https://www.kiplinger.com/retirement/retirement-plans/602821/secure-act-2-10-ways-the-proposed-law-could-change-retirement-savings Ed Slott & Co. LLC (irahelp.com) https://www.irahelp.com/   Roth IRA Basics: 11 Things You Must Know https://www.kiplinger.com/retirement/retirement-plans/roth-iras I Inherited an IRA. Now What? https://www.kiplinger.com/retirement/retirement-plans/iras/603240/i-inherited-an-ira-now-what

Episode 136: The Ins and Outs of IRAs with Ed Slott, CPA

The latest government stimulus is a much-more generous child tax credit, with a new twist: The IRS is going to send you money each month, if you're eligible. Also, what marrying will do to your taxes.   Shield Your Portfolio From Inflation https://www.kiplinger.com/investing/etfs/603178/shield-your-portfolio-from-inflation   How to Cash In on the Final Frontier https://www.kiplinger.com/investing/stocks/stocks-to-buy/602865/how-to-cash-in-on-the-final-frontier   Procure AM https://procureetfs.com/

Episode 135: Get the Most from the Expanded Child Tax Credit

The latest government stimulus is a much-more generous child tax credit, with a new twist: The IRS is going to send you money each month, if you're eligible. Also, what marrying will do to your taxes.   Links mentioned in this episode: 2021 Child Tax Credit Calculator https://www.kiplinger.com/taxes/602334/2021-child-tax-credit-calculator   Child Tax Credit 2021: Who Gets $3,600? Will I Get Monthly Payments? And Other FAQs https://www.kiplinger.com/taxes/602431/child-tax-credit-2021-who-gets-3600-will-i-get-monthly-payments-and-other-faqs   When to Opt-Out of Monthly Child Tax Credit Payments https://www.kiplinger.com/taxes/603046/when-to-opt-out-of-monthly-child-tax-credit-payments Marriage and Taxes: What You Need to Know https://www.kiplinger.com/taxes/602851/marriage-and-taxes-what-you-need-to-know

Episode 134: Get the Most from the Expanded Child Tax Credit

As used car values soar, the old rules of how to get the best price still hold. Also, in the stock market, value stocks pull a rotation move on growth.    Keywords: Kiplinger, Your Money's Worth, used car deals, how to negotiate car prices, used car deals, Karl Brauer, iseecars, buying a used car for less, trade-in values   Kiplinger's Closing Bell newsletter https://my.kiplinger.com/generic/investing/t052-c000-s001-sign-up-for-the-closing-bell.html The 16 Best Value Stocks for the Rest of 2021 https://www.kiplinger.com/investing/stocks/value-stocks/602945/best-value-stocks-2021   10 Best Value ETFs to Buy for Bundled Bargains https://www.kiplinger.com/investing/etfs/602795/best-value-etfs-to-buy-bundled-bargains-2021   Karl Brauer on Twitter https://twitter.com/karlbrauer   Getting a Used Car Deal in a Tight Market https://www.kiplinger.com/personal-finance/shopping/cars/602652/getting-a-used-car-deal-in-a-tight-market

How to Get a Car Deal in a Crazy Market with Karl Brauer

Cybercriminals are in the news for targeting companies with ransomware, but they're still up for stealing your identity as well. We have the latest on protecting yourself. Also, student loan rates are going up.    Links mentioned in this episode:   Biden Extends Student Loan Relief, Is Loan Forgiveness Next?: https://www.kiplinger.com/personal-finance/credit-debt/loans/student-loans/602114/president-biden-extends-student-loan-relief ;   Protect Yourself Against New ID-Theft Schemes: https://www.kiplinger.com/personal-finance/credit-debt/loans/credit-reports/602854/protect-yourself-against-new-id-theft;   Identity Theft Resource Center 2020 Annual Data Breach Report: https://www.idtheftcenter.org/identity-theft-resource-centers-2020-annual-data-breach-report-reveals-19-percent-decrease-in-breaches/ ;   Pandemic Brings New Scams, Too: https://www.kiplinger.com/personal-finance/careers/unemployment/602860/pandemic-brings-new-scams-too ;   https://haveibeenpwned.com/ www.haveibeenpwned.com   pwned - Urban Dictionary:  https://www.urbandictionary.com/define.php?term=pwned ;   Federal Trade Commission -- Payments and Billing:  https://www.ftc.gov/consumer-protection/payments-and-billing ;

Episode 132: Keep Your Identity Safe and the Hackers at Bay

A rapidly evolving legal landscape is keeping cannabis investors on their toes. We talk to private equity investor Matt Hawkins, who has long experience in the sector, about pot's potential. Also: unemployment insurance versus a tight labor market.   --LINKS-- Taxes on Unemployment Benefits: A State-by-State Guide: https://www.kiplinger.com/taxes/state-tax/602307/taxes-on-unemployment-benefits-a-state-by-state-guide; The Basics of Unemployment Benefits: Who Qualifies, How to Apply, How Much You’ll Get:  https://www.kiplinger.com/personal-finance/careers/unemployment/602484/the-basics-of-unemployment-benefits-who-qualifies-how; Job Listing: Associate Personal Finance Editor: https://www.linkedin.com/jobs/view/2557948057/; Job Listing:  Associate Investing Editor, ESG: https://www.linkedin.com/jobs/view/2557969493/; 10 Best Marijuana Stocks to Buy for 2021: https://www.kiplinger.com/investing/stocks/stocks-to-buy/601667/best-marijuana-stocks-to-buy-for-2021; Investing in Cannabis? Beware These Red Flags: https://www.kiplinger.com/investing/stocks/marijuana-stocks/602632/investing-in-cannabis-beware-these-red-flags; How Long Should You Keep Tax Records?: https://www.kiplinger.com/taxes/602798/how-long-should-you-keep-tax-records; 22 IRS Audit Red Flags: https://www.kiplinger.com/taxes/tax-returns/602068/irs-audit-red-flags; How to Fix Your Social Security Earnings Record: https://www.kiplinger.com/article/retirement/t051-c001-s002-fix-your-social-security-earnings-record.html;

Episode 131: Marijuana Investing: High Risk, High Reward?

We'll knock down some misconceptions about what home insurance actually covers to make sure you're not left high and dry when things get wet (or hot, or shaky). Also, inflation is here. Time to freak out? --LINKS-- Kiplinger’s latest forecast on inflation: https://www.kiplinger.com/economic-forecasts/inflation; How to Protect Your Home from Natural Disasters with the Right Insurance: https://www.kiplinger.com/real-estate/home-improvement/602297/protect-your-home-from-natures-wrath; Home Insurance Literacy Survey 2020: Americans are confused about coverage: https://www.policygenius.com/homeowners-insurance/home-insurance-literacy-survey-2020/; FEMA Flood Maps: https://www.fema.gov/flood-maps; PODCAST: Bitcoin Explained with Tyrone Ross: https://www.kiplinger.com/investing/602582/podcast-bitcoin-explained-with-tyrone-ross; Insurance Institute for Business & Home Safety -- Roof Fortification: https://fortifiedhome.org/roof/; Dogecoin's a Joke. Don't Make Yourself the Punchline.: https://www.kiplinger.com/investing/cryptocurrency/602738/dogecoin-joke-dont-make-yourself-punchline  

Episode 130: Is Your Home Insured Against Disaster? Better Check

Housing prices have been on a tear, and that means home equity is up, too. Turning that value into cash in your wallet can be complicated, though. Equity expert Keith Gumbinger helps us sort it out. Also, "Sell in May and Go Away": urban legend or investing strategy? --LINKS-- Sell in May and Go Away? Here We Go Again … : https://www.kiplinger.com/investing/602700/sell-in-may-and-go-away-here-we-go-again; Keith Gumbinger, Vice President of HSH.com: https://www.hsh.com/press-room/author/keith-gumbinger.html; This Hot Housing Market with Daniel Bortz: https://www.kiplinger.com/real-estate/602559/podcast-this-hot-housing-market-with-daniel-bortz; Black Knight mortgage data reports: https://www.blackknightinc.com/data-reports/ Retirees, Make the Most of Your Home Equity https://www.kiplinger.com/retirement/601665/retirees-make-the-most-of-your-home-equity

Episode 129: Tap the Money Tied Up in Your Home with Keith Gumbinger

Managing editor of the Kiplinger Retirement Report Catherine Siskos joins us to talk about what a new administration and Congress might do to solve Social Security's looming funding problems. Also, buy now - pay later plans and what to do with a used shoe. --LINKS-- Big Changes Likely for Social Security, Medicare Under a Biden Presidency: https://www.kiplinger.com/retirement/social-security/601700/big-changes-likely-for-social-security-medicare-under-a-biden; What Is the Social Security COLA?: https://www.kiplinger.com/article/retirement/t051-c000-s010-what-is-the-social-security-cola.html; More Social Security information from Kiplinger: https://www.kiplinger.com/retirement/social-security

Is a Fix Coming Soon for Social Security? (Ep. 112 Rebroadcast)

No doubt, investing in annuities can be a tough call for the active investor. But there comes a time when relinquishing some control for reliable income can be a wise move. Also: Remembering the biggest financial fraud in history. --LINKS-- How Annuities Are Taxed: https://www.kiplinger.com/retirement/annuities/602248/how-annuities-are-taxed; Annuities Just May Be the Broccoli of Retirement Planning: https://www.kiplinger.com/retirement/annuities/602199/annuities-just-may-be-the-broccoli-of-retirement-planning; Pension or Lump Sum? Compare Payouts and Options Before You Decide: https://www.kiplinger.com/retirement/annuities/601077/pension-or-lump-sum-compare-payouts-and-options-before-you-decide; What Life Is Like After Winning the Lottery: https://www.kiplinger.com/article/spending/t064-c000-s002-what-life-is-like-after-winning-the-lottery.html

Episode 127: Annuities: How They Could Work for You.

Your Money’s Worth is a personal-finance podcast from Kiplinger that delivers timely, actionable guidance to help you earn, keep and make the most of your money. Each new weekly episode has down-to-earth insights on saving for retirement, cutting your tax bill, investing for growth and income, maintaining good credit, and much more.

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