Dad Cents

What would you say if we told you that life insurance isn't just for the married-with-kids demographic? That's right - it's time to debunk some common misconceptions about life insurance, whether you're single, hitched without kids, or simply under the impression that it's too expensive. We can't emphasize enough how crucial this financial tool is, not only as a means to leave a legacy or settle debts but also to extend support to your favorite charities posthumously. There's always a policy out there, tailored to fit your budget and unique requirements.

But don't worry, it's not all serious business here at Dad's Sense. We'll also keep you entertained with our attempts at humor that even a four-year-old can appreciate. So join us, learn a little, laugh a little, and let's empower your finances together.

Have you ever wondered how to safeguard your college-bound teen's finances? Then buckle up because we are about to take you on an amusing yet enlightening journey where we share our secrets on risk management and asset protection. Get ready for a good laugh as we recount the time our daughter Jules pulled a fast one with a brownie joke and the story of my own misadventure involving a parachute and month-long recovery.

Shifting gears, we'll delve into the often-overlooked realm of insurance for college students. There's more to it than health insurance. But the buck doesn't stop there. We're talking car insurance, accident insurance, and more - all the safety nets your child needs while away from home.

Last but certainly not least, we're laying out the essentials of renters insurance, electronics insurance, and even identity theft insurance. If you're scratching your head wondering whether your student is already covered or if it's time to whip out your checkbook for additional insurance, fear not. We're here to help you navigate these tricky waters. 

This is one episode you don't want to miss! So, kick back, tune in, and make your child's college journey a little less nerve-wracking, one insurance policy at a time!

Feeling the downturn of the Dow, Nasdaq, and S&P? Curious about the implications of Europe's surging inflation rates? Get your financial compass realigned in this episode. Our journey begins with exploring the current financial landscape, discussing potential interest rate hikes and the deceptively destructive impact of inflation on economic growth. All while acknowledging the recent disastrous wildfires and the financial burdens they present, especially during Life Insurance Awareness Month.

But don't worry, it's not all doom and gloom! We lighten the mood with a pirate joke that's sure to tickle your funny bone. As we move forward, we take a deep dive into market trends, offering detailed analysis and potential strategies to weather the inflation storm. We wrap up our financial odyssey with a bit of wisdom from Albert Einstein, reminding us all to keep an open mind and maintain our curiosity. So whether you're an experienced investor or new to the game, this episode promises to equip you with invaluable insights into the world of finance. Tune in, and let's navigate these turbulent financial waters together.

What if you could turn your financial worries into a path of prosperity? Imagine a future where you can confidently fund your child's education without fearing being outpaced by inflation. In today's engaging episode of Dad Cents, Jason shares four strategic tax-efficient plans to make this a reality. 

Ever wondered how you can juggle between saving for your child's college education and your retirement? That's precisely what we're tackling on today's episode! Jason and Amber delve into this financial problem, weighing in on the possibility of using IRAs to fund college expenses and the importance of planning early for college. Get ready to walk away with some practical financial tips that'll make your wallet feel a little less light.

And it's not all number-crunching and investment talk. We also share some of our favorite parenting hacks, like planning a successful sleepover and even how a dessert reward can work wonders with focus. And just for kicks, we've got an adrenaline-pumping recount of Jason's skydiving adventure.

We're rolling finance, fun, and life lessons into one wholesome package. So, tune in, laugh with us, and let's turn those financial frowns upside down together!

Has the daunting world of student loans got you feeling overwhelmed? Fear not, as Jason shares Sage Path's tried and tested strategies for tackling the formidable debt monster. Whether you're wrestling with an amount above $100,000 or below, our tactical advice will equip you with the tools needed to lighten your financial load. We unravel the potential benefits of refinancing, delve into the realm of Income-Driven Repayment plans, and explore the opportunities for loan forgiveness through the Public Service Loan Forgiveness program. 

But we're not just about finance on Dad's Sense; we also share the poignant moments of our lives. We recount the delightful memories of our recently deceased Jack Russell, Emma, and her enduring legacy, as well as celebrate the resilience of our darling daughter, Jual, as she embarks on the journey of voluntary preschool and navigates the loss of Emma. 

A fusion of finance, love, growth, and resilience makes this episode a must-listen. So, sit back, tune in, and let's empower your financial future and life together on Dad Cents!

Are you ready to step up your fantasy football game and take your tailgating experience to the next level? Today's Dad Cents episode promises just that - and much more. Armed with our insider tips and tricks, you'll be ready to conquer your Fantasy Football league like a pro. We're also spicing things up with a delectable tailgate recipe to make your game day even more exciting. Plus, we're exploring a fun way to teach kids about budgeting using the snake draft format - guaranteed to make finance fun!

Get ready to unmask the intricacies of the July market in an enlightening discussion led by Jason Fuchs, the managing director of SagePath Financial Advisors. We'll unravel how the Federal Reserve's highest rate hikes in 22 years aim to curb inflation without inducing a recession. This episode promises to quench your thirst for economic insights as we dissect the CPI's 3% YoY gain and explore the possibility of a 'soft landing' amidst rising unemployment and wage increases. 

The intrigue deepens in the second segment, where we delve into specifics about the stock market, sector performance, and the economy. We'll shed light on the Dow's longest positive return streak since 1987 and explore various sectors' roles in steering July returns. We'll also forecast the Federal Reserve's future strategy, discussing potential rate hikes, bond yields, and the concept of a 'soft landing.' We'll share an uplifting story about a Connecticut dry-cleaning business that saved a local turtle migration. So, tune in for a comprehensive understanding of the market that promises to keep you glued to your seats!

Imagine embarking on a financial empowerment journey, exploring fatherhood, and adventuring to the world's most breathtaking corners, all while savoring delicious flavors. That's what we're promising you in this episode. Jason and Amber share their experiences as parents— the triumphs, the trials, and everything in between. We also discuss the idea of travel as a life-enhancing experience, taking you on a virtual tour from the East Coast of Australia to the rugged trails of Camino de Santiago.

But hold on; the journey doesn't end there! We're also exploring the hidden gems within the U.S., including the majestic Denali National Park in Alaska, the vibrant San Francisco, California, and the peaceful North Cascades National Park in Washington. And for all you food lovers out there, Jason will share his secret recipe for Jason's Mop Sauce, a tangy delight perfect for grilling your favorite meats. This episode is a blend of wisdom, laughter, adventure, and mouth-watering foodie moments— all packed into a joyous journey of discovery. So buckle up, and let's start this amazing journey together!

Jason was out of town with his family, so we're bringing you an older episode. Ever wondered about pickleball and why it's sweeping the nation? Well, we've got the perfect episode for you! Join us as we talk with certified professional pickleball coach and six-degree black belt Roseanne de Tomaso. She brings her martial arts background to play as we delve into the safety measures and the social side of this rapidly growing sport. Whether you're a beginner or a seasoned player, listen inprepareready to up your game.

But that's not all we cover in this episode. How about some expert insights on retirement planning? Jason's advice isn't limited to the pickleball court; he also guides us through the labyrinth of retirement plans. We break down the costs, eligibility, and advantages of various plan types - SEP IRA, Simple IRA, 401K, and Defined Benefit Plan. We also tackle the challenge of managing short-term employee coverage. Craftingfting the perfect retirement plan doesn't have to be a solo sport.

Say goodbye to confusion and tune in to this episode to get your retirement planning on the right track!

What if I told you the stock market is not as intimidating as it seems? That's right - this episode of Dad Sense is all about breaking down the financial happenings of June, all with the easy-to-understand, lighthearted banter you've come to expect from us.

We'll dive into the surprising performance of US stocks, with the S&P 500 rallying a whopping 16% and NASDAQ showcasing a record-breaking 32% increase. But it's not all about the ups. We also touch on the not-so-great performance of bonds and what that all means for you. Taking a closer look, we dissect the stock market titans like Apple, Google, Nvidia, and Tesla, who dominated June. We also examine how large-cap stocks outperformed the rest of the market.

As we shift gears to bonds, we discuss the Fed's decision to hold the federal funds rate at 5 to 5.25%.

Finally, we wrap up with a snapshot of the economic performance in June and how it mirrors May's performance.

Get ready to have some fun while we unravel the complexities of the stock market and the economy with a touch of Dad Sense!

What if a hobby could be your secret weapon to living a longer, more fulfilled life? Welcome to Dad Cents, where Jason and thoughtful guest, Amber, unlock the surprising link between hobbies and longevity. This episode will equip you with the power of scientific research and personal anecdotes, revealing how leisure activities can enhance your well-being, enrich relationships, and boost job performance.

Listen in as we guide you to a healthier, happier, and more productive life!

Hey there, finance enthusiasts! Brace yourselves as we dive headfirst into the world of financial independence and retirement planning, equipping you with the knowledge to transform your budget from earning years to your golden years. But here at Dad Cents, we're not just about the numbers. It's also about enriching your quality of life and adding a dash of sweetness with our special recipe - a mouth-watering Glazed, Old Fashioned Donut Cake inspired by my daughter Jual's birthday request. 

Get set to uncover the secret to your comfortable retirement lifestyle as we chat about matters that require your attention. Discover how having a year's buffer before retirement can be a game-changer, and learn to budget for the exciting endeavors you've always wanted to undertake. We're talking travel expenses, healthcare costs, and even the nitty-gritty of keeping your car running. So, let's embark on this journey of creating financial ease, planning a fulfilling retirement, and of course, baking that tantalizing three-layer donut cake for Jual's birthday. The countdown is on!

Ever feel like your financial goals are slipping away from you? Join us as we dive into the importance of conducting a mid-year financial review and its benefits to your short-term and long-term objectives. By the end of our chat, you'll be well on your way to understanding the power of a regular financial checkup and staying on the path toward achieving your goals. 

Are you ready to reduce your retirement taxable income and enjoy tax-free growth? Discover the benefits of the Roth IRA conversion strategy in our latest Dad's Sense episode, where Jason discusses tax-free growth, withdrawals, and the flexibility of withdrawing funds when needed. Plus, learn the ins and outs of the backdoor Roth conversion and how it can benefit your financial future.

We also dive into the importance of swimming safety as Amber shares her experience with her daughter's swim lessons. Explore the benefits of group settings for children's learning and motivation, and hear our thoughts on finding the right balance between individual and group lessons. 

Jason was traveling last week, and due to the Memorial Holiday, he wasn't able to record a new episode of Dad Cents. However, we brought back another popular episode for your enjoyment. 

When you retire, you’ll likely draw your income from several sources— such as retirement accounts, taxable investment accounts, and Social Security Benefits. Did you know that each of these sources is taxed according to its own rules? Join Jason (and special guest Amber Fuchs) as he explains these rules, whether (and when) you’re required to make withdrawals, and how paying taxes on distributions will impact your overall financial goals. At the end of this episode, you'll feel confident with the ability to accurately plan for your retirement. 

Jason is traveling this week, so we're rewinding to an episode in Season One where he talks about the value of rebalancing your investments - something we all should be looking into, given the strange climate we're in. Enjoy, and see you next week!  

Like it or not, taxes are a way of life. They fund great things like roads, libraries and parks, but nobody wants to pay more than they absolutely have to. And hopefully, like many others, you’re getting a refund.

Saving money is a bit like eating healthy; you know you should eat your veggies, but it’s hard to resist indulging in something more fun. Like making healthy choices, a tax refund can present the opportunity to splurge. But, more importantly, it’s a chance to put yourself in a better financial position.

If you’re getting a refund from the IRS, you’ll want to listen to today’s episode before you run out and splurge! 

We hear your concerns about the debt ceiling. It's natural for investors to have concerns about their portfolios and how this debt ceiling might impact them. But guess what? You aren't alone. We're experiencing the same volatility in our investments, and we're in this together.