Understanding Assumable Mortgages & Evaluating The Decision To Roll Over A 401k To An IRA

New Focus on Wealth with Chad Burton

In this episode of "New Focus on Wealth," certified financial planner Chad Burton delves into the intricacies of the current financial landscape, offering listeners a comprehensive analysis of market trends, interest rates, and investment strategies. He highlights the recent performance of various indices, including the NASDAQ and S&P 500, while addressing the implications of the Federal Reserve's interest rate adjustments and the ongoing economic stimulus in China. Chad also tackles listener questions, shedding light on the often-overlooked topic of assumable mortgages in today's high-rate environment, and discusses the merits of Roth IRAs versus traditional 401(k)s, emphasizing the importance of tax planning for future financial security. With a wealth of insights and practical advice, this episode serves as a valuable resource for anyone looking to navigate the complexities of personal finance and investment in a rapidly changing world.

Tune in now to learn more!

Timestamps:

[00:01:48] Emerging markets performance update.

[00:06:17] Volatility Index and market fear.

[00:10:00] Assumable mortgages explained.

[00:14:24] Assumable loans and inheritance.

[00:15:40] Inheriting IRAs and tax implications.

[00:19:14] Tax-free growth vs. tax breaks.

[00:22:46] Tax strategies for retirement savings.

[00:26:39] Estate planning in Nevada.

[00:30:44] 1031 exchanges for real estate.

[00:34:37] IRA to Roth conversions.

[00:37:08] Charitable giving from IRA.

Email your money question to [email protected]

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.ChadBurton.com