click here: Leave a text, tell us what you liked Inflation is not going away anytime soon. Your government continues to spend and offer tax deductions. Something has to give and that's your lifestyle. It is time to look at your spending habits and what you really need. The author went through this exercise and found lots of waste in areas that were not obvious. Listen as he goes into things you should pay attention to. 💬 "Hey there! If you enjoyed today’s episode and want more exclusive insight...
Sep 24, 2024•26 min•Season 5Ep. 10
click here: Leave a text, tell us what you liked Having difficulty paying your mortgage payment or will in the near future? Don't let your house go into foreclosure there are many options available to you. We dive into ways people with income can work out plans to keep their homes. Individuals who have lost their income still have options to avoid a foreclosure and prevent their credit from deteriorating. You may have equity in your home and need to find a way to get it out. You may feel depress...
Sep 18, 2024•48 min•Season 5Ep. 9
click here: Leave a text, tell us what you liked Don't buy a condo before listening to this podcast. If you buy that perfect condo without diving into reserve study and assessments, you could find yourself in big trouble. Many people have walked away from their condos because very large assessments have been required to complete deferred maintenance on their properties. The large condo complex that collapsed in Florida is a great example of a building that was falling apart and the HOA did not m...
Jul 07, 2024•24 min•Season 5Ep. 8
click here: Leave a text, tell us what you liked Do you like paying less to the federal government in taxes? If you answered yes then you better get to planning now. Effective at the end of this year those great lower tax rates and high standard deductions will become a thing of the past. Congress has not reauthorized the tax benefits and with the election this year, they may not get to it. Listen as we discuss how much those reductions have benefited you and what you can do right now to take ad...
Jun 30, 2024•18 min•Season 5Ep. 7
click here: Leave a text, tell us what you liked Learn about the changes in the vacation home market in 2024 and for 2025 vs the past few years. How COVID changed the market and income streams for vacation rental properties. How to take advantage of the current and near-future volume of vacation homes coming to the market at reduced prices, fully furnished. Visit our website at https://retirecoast.com...
May 29, 2024•33 min•Season 5Ep. 6
click here: Leave a text, tell us what you liked n this episode, we dive into the rules and strategies for deducting losses on rental real estate properties. Whether you're a seasoned investor or just getting started, understanding how to handle rental property losses can help you optimize your tax situation and maximize your returns. What You'll Learn in This Episode: ✅ How rental property losses work for tax purposes ✅ The difference between passive and active rental income ✅ IRS rules on pass...
Feb 27, 2024•15 min•Season 5Ep. 5
click here: Leave a text, tell us what you liked Seniors get a large break on their tax liability thanks to a change in the law. The standard deduction is very high and the tax tables are lower. Listen as we discuss some benefits to Seniors and how many will pay no federal taxes. Visit our companion blog articles including: Seniors Income Tax 2023 Deductions and how to File Now and Seniors and Retirees Planning Income Tax Strategies for 2024 As always, listen to our podcasts and read our blog ar...
Feb 11, 2024•18 min•Season 5Ep. 4
click here: Leave a text, tell us what you liked Just turned 72, consider something new. You must start paying back the taxes that you have deferred over the years. There is no truly free lunch as some would say. What the government giveth the government takes away. The IRS has a table that tells you how long you are likely to live a your age. They also tell you how to determine the amount they want each year which is based upon your age and the total in your funds. The mandatory distribution on...
Feb 04, 2024•12 min•Season 5Ep. 2
click here: Leave a text, tell us what you liked Large trees near your house can destroy your sewer system, sidewalks, driveways, and your house foundation. Repair costs from tree root damage can be terrific. You can prevent this from happening if you take action now. Also, when you plant a new tree, there is a method to contain its future roots. Listen to our podcast about this topic that affects many homeowners and can save you money. Read our blog articles at Https://retirecoast.com we have d...
Jan 24, 2024•12 min•Season 5Ep. 4
click here: Leave a text, tell us what you liked No need to travel to New Orleans for Mardi Gras. You can see it all here on the Mississippi Gulf Coast every year. More than 20 parades are scheduled in all of the Coast cities from 12th Night (12 days after Christmas) through Fat Tuesday (the day before Ash Wednesday). Listen to our podcast then visit our website to see the latest about Mardi Gras including the parade schedule here Visit our website to read some of our many blog articles about th...
Jan 22, 2024•9 min•Season 5Ep. 3
click here: Leave a text, tell us what you liked Do you want a judge or attorneys to decide what happens to your assets when you pass? Your survivors may have no choice unless you take action now to create an estate plan. Wow, "estate". This does not mean you are rich, anything you own after passing is called an estate. Even if all you have is money in the bank when you pass, it's your money and you should decide in advance who gets it. With proper planning, you can make sure your wishes are ful...
Jan 21, 2024•22 min•Season 5Ep. 1
click here: Leave a text, tell us what you liked Wondering what the biggest expense is? Listen to this podcast and find out. Learn how to manage expenses preparing for retirement. What is the second largest expense? The more you know, the better you're planning for retirement. Please visit our website at https://retirecoast.com and read more about retirement and life style....
Nov 24, 2023•17 min•Season 4Ep. 9
click here: Leave a text, tell us what you liked The month of November is jam-packed with events. The Mississippi Gulf Coast is famous for its many cultural events held on a continuous basis. Every city on the Mississippi Gulf Coast hosts a large variety of events during the year but November is one of the most popular months due in part to the mild weather and the fact that winter has already set up in the Northern states and Canada. Listen while we take you through just some of the events that...
Nov 15, 2023•16 min•Season 4Ep. 8
click here: Leave a text, tell us what you liked That's right. All of those benefits including lower taxes that came from the 2017 changes to the federal tax code are scheduled to revert back at the end of 2025. Unless Congress and the president do something about it. That large standard deduction will be history. Everyone will pay much more in taxes if Congress does not reauthorize the 2017 tax law. That doubling of the standard deduction will go away. The lowering of tax brackets, back to the ...
Aug 17, 2023•12 min•Season 4Ep. 7
click here: Leave a text, tell us what you liked Everyone wanted to own a vacation rental property a few years ago. The new trend is to put that property on the market while you still have some equity to save. Listen while we discuss the overall vacation/short-term rental market and what is going on now and how the future is shaping up. There are options if you purchased a vacation rental property and your income has dropped 50% or more. Don't just sit there and worry, take action. This podcast ...
Aug 12, 2023•21 min
click here: Leave a text, tell us what you liked There is no need to pay more in income taxes than is absolutely necessary. Good planning can avoid paying any federal income taxes on your 401k withdrawals or at worst, paying a much lower percentage. Retired persons earn lower income and much of Social Security income is not taxable. This allows retired persons to earn more meaning add to your earnings deductions from your 401k. Listen as we discuss how to drain that 401k and pay as little in fed...
Jun 22, 2023•17 min•Season 3Ep. 3
click here: Leave a text, tell us what you liked Have you thought about what you would do when you retire? How about making some money on your own schedule? This podcast explores just three examples of small businesses that can be created with little capital. Basically your knowledge and effort. We explore the whole idea of having fun, making money, and still not giving up on your retirement dreams. It's about keeping your mind busy. Please visit our website RetireCoast.com and read some of our ...
May 30, 2023•13 min•Season 4Ep. 6
click here: Leave a text, tell us what you liked A little patriotic talk about how we got here. Those 58 men who signed the Declaration of Independence in 1776 and the millions of people trying to get into this country as a result of what they created. It's time that we recognize how we got here and that we owe those 58 men and the thousands of men and women who sacrificed in various wars to keep us safe and protect the idea that was started in the 1700s. The Mississippi Gulf Coast has many Inde...
May 26, 2023•13 min•Season 4Ep. 6
click here: Leave a text, tell us what you liked Two reasons to avoid buying a new RV. First, most new RVs need to spend time in the shop within the first year or two of purchase. In some cases, lots of time in the shop. Second, you can save a considerable sum by buying a low-mileage used RV. Take it from someone who knows, resist the urge to buy that new RV. The last thing you want is to take a vacation and have things go wrong. A used RV will generally have had all of the issues repaired. Want...
May 22, 2023•14 min•Season 4Ep. 5
click here: Leave a text, tell us what you liked Buy that Sams Club fishing shirt instead of the brand name at twice the price. Why would you do that? This is a step towards planning for retirement. The time when just because you can buy the more expensive shirt maybe you don't. Put the difference in your retirement account. Just because you have a great salary and can buy that BMW, why not buy the Buick or Chevrolet? Either vehicle will get you from point A to B. Both look nice but one is subst...
May 14, 2023•15 min•Season 4Ep. 3
click here: Leave a text, tell us what you liked You have about 20 years to retire. No need to worry as long as you start the planning process now. Our series on Generation X 20 Years to Retirement will help you. Our budget planning tool is a key element in this series. This episode discusses the importance of accurate planning to include your expenses and income. You will probably need to start making some living adjustments now if the numbers do not match. If they do, great. Please visit our w...
Apr 16, 2023•33 min•Season 4Ep. 2
click here: Leave a text, tell us what you liked Your 401(k) plan is under assault by those whose political agenda is not aligned with your best interests. 401(k) plans are designed to be the bedrock of retirement security. Investments should be the best and safest available. A big push by progressives to achieve their social and green agenda is to deprive companies of funds to invest and grow. They want to divert your 401(k) funds to other investments that will cost more and yield less. This po...
Apr 02, 2023•18 min•Season 3Ep. 23
click here: Leave a text, tell us what you liked Learn how to avoid the mistake that millions have made, robbing your future self. Listen as we discuss the reasons why using your 401(k) plan as a piggy bank is a terrible idea. This podcast supports an in-depth article posted on RetireCoast.com with the same title. This is one of many articles on retirement providing information that is not generally known or understood. Please visit our blog site RetireCoast.com and learn more....
Mar 26, 2023•17 min•Season 3Ep. 22
click here: Leave a text, tell us what you liked Did you know that there is a new IRS form just for seniors? This form will simplify your filing, you probably do not need professional help anymore. The 2017 tax laws changed dramatically making it easier to file. Listen as we explain the new process. Visit our Utube site RetireCoast.com and watch our video on the form where we go through it step by step. Visit RetireCoast.co m and read about this topic, view the forms and use the link to our Utub...
Mar 19, 2023•12 min•Season 3Ep. 21
click here: Leave a text, tell us what you liked People who own houses will retire far better than those who have rented most of their lives. This is a fact. This podcast discusses why this is true for most people and what you can do about it. Visit RetireCoast.com website and read more about retirement and similar topics.
Mar 15, 2023•14 min•Season 3Ep. 20
click here: Leave a text, tell us what you liked Yes, the best car and truck shows in 2023 are once again on the Mississippi Gulf Coast. They start in May and go through October. If you love custom cars and trucks and classic cars and trucks you must arrange to attend one or more of these great shows. Jeeping the Coast, Scrapin the Coast, Big Rig Truck Show , and Cruzin the Coast are all terrific shows that incorporate the entire Mississippi Gulf Coast. Not only are vehicles driving up and down ...
Mar 06, 2023•19 min•Season 3Ep. 18
click here: Leave a text, tell us what you liked The big decision, should you take Social Security at age 62 or wait. This is a big life-changing decision that should only be made after creating a retirement plan and budget. Don't decide without understanding the upside of waiting. We discuss what age may be best and why. Before you decide, listen to this podcast as part of your due diligence. Make an informed decision after looking at the facts. Please visit RetireCoast.com website for more inf...
Feb 26, 2023•24 min•Season 3Ep. 17
click here: Leave a text, tell us what you liked Florida is a great place, low cost, conservative, and has wonderful weather. The dark side is that everyone wants to move to Florida which is increasing costs and crowds. Many of the reasons you would consider Florida are fading away fast. Crowds, higher cost, traffic, etc. Before you follow the herd to Florida, consider there may be a better alternative than moving to Florida. There is a better alternative to Florida, listen and learn about it. R...
Dec 17, 2022•1 hr 7 min•Season 2Ep. 16
click here: Leave a text, tell us what you liked The Peter Anderson Arts and Crafts Festival held the first week of November each year in Ocean Springs, MS is the best. More than 150,000 people attend the two day event with artists from all over the United States. Hundreds of booths display a wide variety of art and other items. No charge to enter (they would like a $2 donation) and no charge to park, entirely free event for the whole family. This is the largest event in the state of Mississippi...
Nov 05, 2022•25 min•Season 2Ep. 15
click here: Leave a text, tell us what you liked Pay attention to your homeowner's insurance rates, they are going up and will continue to increase for some time in the future. Inflation, supply chain, labor shortage, hurricanes, fires, and politics have contributed to a rapid escalation in rates. You must listen to this podcast to prepare not only for higher rates but how you may help to control the speed of the increases. Please visit our blog article on the same topic at RetireCoast.com...
Oct 30, 2022•31 min•Season 2Ep. 14
