Épisodes

  • Does it Make Cents to Refinance Your Mortgage?

    Does it Make Cents to Refinance Your Mortgage?
    Oct 30 2020
    As mortgage rates continue to hit record lows, many people are refinancing their mortgages. Before deciding to refinance, I’d answer two questions. Does the math work What does it allow you to do? Listen as I walk through an example of a homeowner refinancing their $750,000, 30-year mortgage at 4.5%, how it's possible they could pay more in interest by refinancing to a 30-year mortgage at 3.5%, and why that may not be such a bad idea. Read the Blog - https://deepinthetrenches.com/does-it-make-cents-to-refinance-your-mortgage/ (Does it Make Cents to Refinance Your Mortgage?) Read Time - 5 minutes
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    2 min
  • What You May Not Know About The S&P 500

    What You May Not Know About The S&P 500
    Oct 16 2020
    You likely have familiarity with the S&P 500, but did you know Apple makes up over 6% of the index? Or that Apple, Amazon, Microsoft, and both share classes of Google make up 23.25 percent of the S&P 500? That means close to 25 percent of the daily fluctuation in “the market” is driven by the performance of these 5 companies. Listen to learn a few more interesting stats that you may not be aware of. Read the Blog - https://deepinthetrenches.com/what-you-may-not-know-about-the-sp-500what-you-may-not-know-about-the-sp-500/ (What You May Not Know About The S&P 500) Reading Time - 3 minutes
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    2 min
  • Why Playing Time Matters

    Why Playing Time Matters
    Oct 2 2020
    Around this time each year, my wife and I watch HBO’s Hard Knocks. It’s a reality sports series that follows an NFL team through training camp as they prepare for the upcoming season. One of the reoccurring storylines of the show and my wife’s favorite part are the handful of players who are longshots to make the team. Had the LA Chargers been profiled in 2017, Austin Ekeler would have been one of the longshots. Earlier this year, Ekeler is the starting running back for the LA Chargers and just inked a 4-year $24.5 million deal.  None of us will be the starting running back for any NFL team. Still, we can have an Ekeler-like opportunity with enough playing time.  Read the Blog - https://deepinthetrenches.com/why-playing-time-matters/ (Why Playing Time Matters) Reading Time - 2 Minutes
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    3 min
  • How to Use the Mega Backdoor Roth Strategy

    How to Use the Mega Backdoor Roth Strategy
    Aug 31 2020
    In this episode, John discusses the Mega Backdoor Roth Strategy, a common planning strategy for high-income earners who have the ability to convert after-tax contributions in their 401(k). John discusses the two requirements that must be present to execute this strategy, how the strategy is executed, and how in one year you may be able to contribute up to $57,000 into a Roth 401(k). Read the Blog - https://deepinthetrenches.com/how-to-use-the-mega-backdoor-roth-strategy/ (How to Use the Mega Backdoor Roth Strategy) Read Time - 4 minutes
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    2 min
  • The Trojan Horse of IRAs - The Backdoor Roth

    The Trojan Horse of IRAs - The Backdoor Roth
    Aug 24 2020
    In this episode a commonly used strategy, the Backdoor Roth. He discusses what a Backdoor Roth is, why the IRS had an issue with it, and who should consider the strategy. Finally, John discusses the taxability of the Backdoor Roth strategy.  Read the Blog - https://deepinthetrenches.com/back-door-roth/ (The Trojan Horse of IRAs - The Backdoor Roth) Read Time - 5 minutes
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    2 min
  • 3 Reasons to Consider a Roth Conversion

    3 Reasons to Consider a Roth Conversion
    Aug 17 2020
    In this episode, John discusses why now may be a good time to consider a Roth conversion and three specific scenarios where it could make sense. 1. You expect to be in a higher income tax bracket when you retire 2. You believe tax rates will increase 3. You are planning on leaving a legacy Read the Blog - https://deepinthetrenches.com/3-reasons-to-consider-a-roth-conversion/ (3 Reasons to Consider a Roth Conversion) Read Time - 4 minutes
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    2 min
  • Life Isn't a Marathon, It's an Ultra

    Life Isn't a Marathon, It's an Ultra
    Aug 10 2020
    In this episode, John makes a connection between financial planning and long distance running. He talks about why it is so difficult to stay on track when the goal in years, if not decades away and why breaking down long term plans into shorter time frames dramatically increases the likelihood of achieving it.  Read the Blog - https://deepinthetrenches.com/life-isnt-a-marathon-its-an-ultra/ (Life Isn't a Marathon, It's an Ultra) Read Time - 2 Minutes
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    3 min
  • How The SECURE Act Could Be Detrimental to Your Beneficiaries

    How The SECURE Act Could Be Detrimental to Your Beneficiaries
    Aug 3 2020
    In this episode, John discusses why you may need to update your estate plan if it included naming your trust as a beneficiary on an IRA. Read the Blog - https://deepinthetrenches.com/how-the-secure-act-could-be-detrimental-to-your-beneficiaries/ (How The SECURE Act Could Be Detrimental to Your Beneficiaries) Read Time - 4 Minutes
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    3 min