Tag: Tax Efficiency

Feature
Perspectives on Asset Allocation in Today’s Market with BlackRock’s Eric Mueller (Ep. 54)

Perspectives on Asset Allocation in Today’s Market with BlackRock’s Eric Mueller (Ep. 54)

By |

Markets are always moving, and with elections and global uncertainty on the horizon, what can you do to position your portfolio for the future?

In this episode of Maximizing Outcomes, Jim McGovern speaks with Eric Mueller, Managing Director and strategist at BlackRock, about the current state of the markets and how to strategically adjust portfolios. 

They cover the economic landscape, interest rate cuts, and the strength of corporate earnings, offering actionable advice for investors concerned about the road ahead.

They discuss:

  • An analysis of the current economic and financial market landscape
  • Strategies for portfolio positioning amidst geopolitical and election uncertainties
  • The impact of Fed interest rate cuts on fixed income investments
  • The significance of tax-efficient and personalized investment strategies
  • And more!

Connect with McGovern Wealth Group:

Connect with Eric Mueller:

About our guest:

Eric Mueller is a Managing Director at BlackRock, serving as a senior strategist within their Multi-Asset Strategies and Solutions group. With 17 years of experience at BlackRock, he works closely with portfolio managers and research analysts to analyze market trends and identify investment opportunities across various asset classes. His knowledge includes guiding portfolio positioning, understanding economic risks, and helping investors achieve a range of financial objectives through strategic portfolio management.

Podcast: Play in new window | Download (Duration: 42:54 — 33.5MB) | Embed

Subscribe: RSS | More

Feature
Business Uses of Life Insurance: The Untold Stories Behind Iconic American Brands (Ep. 53)

Business Uses of Life Insurance: The Untold Stories Behind Iconic American Brands (Ep. 53)

By |

In this episode, Jim McGovern dives into the surprising and crucial role life insurance has played in building and saving some of the world’s most iconic brands. From Walt Disney using his life insurance to fund Disneyland to Ray Kroc leveraging his policy to grow McDonald’s, we uncover how life insurance goes beyond providing death benefits—it’s a powerful tool for business growth, risk management, and ensuring continuity. Jim shares the fascinating stories of Disney, McDonald’s, JCPenney, and Pampered Chef, showing how business owners can protect their companies, fund opportunities, and protect key employees with the strategic use of life insurance. Tune in to learn how this financial tool can transform your business!

Jim discusses:

  • Real-life examples: Learn how Walt Disney, Ray Kroc (McDonald’s), and James Cash Penney (JCPenney) used life insurance to fund their businesses during critical times.
  • Beyond the death benefit: Explore the versatile uses of life insurance for business growth, risk management, and protecting key employees.
  • Key person insurance: Understand how insuring key individuals can help safeguard a company’s value and ensure continuity in times of crisis.
  • Strategic financial tool: Discover how life insurance can provide tax-efficient, liquid cash reserves that business owners can tap into for opportunities or emergencies

Resources:

Connect with McGovern Wealth Group:

Podcast: Play in new window | Download (Duration: 42:54 — 33.5MB) | Embed

Subscribe: RSS | More
Reverse Mortgages: Myths, Facts, and Financial Benefits (Ep. 50)

Reverse Mortgages: Myths, Facts, and Financial Benefits (Ep. 50)

By |

Is your retirement income plan missing a key component?

In this insightful episode of Maximizing Outcomes®, host Jim McGovern and Don Graves, President of the Housing Wealth Institute, discuss leveraging home equity through reverse mortgages to enhance retirement outcomes. Gain actionable insights, dispel myths, and discover how this financial tool can redefine your retirement strategy.

Key Highlights:

  • Understanding Reverse Mortgages: Learn how they work, dispel myths, and uncover their benefits
  • Professional Insights: Hear Don Graves’ journey from skepticism to advocacy and how home equity can be used strategically
  • Comprehensive Planning: Explore the “true liquidity bucket” concept and smart ways to use all assets for optimal outcomes
  • Strategic Uses: Discover how reverse mortgages can supplement Social Security, delay benefits for higher payouts, and manage tax burdens
  • Key Criteria: Understand the determinants of reverse mortgages: spouse’s age, home value, and interest rates
  • Financial Stability: Learn how a reverse mortgage line of credit offers a reliable buffer during market downturns
  • Debunking Myths: Clarify misconceptions about ownership and debt repayment limits
  • And much more!

 

Connect with McGovern Wealth Group:

 

Connect with Don Graves:

 

About our Guest:

Don Graves, RICP®, CLTC®, CSA® Certified Senior Advisor, is the President and Founder of the Housing Wealth Institute, and a leading educator in the field of retirement income planning. He has authored three books and serves as an Instructor of Retirement Income at The American College of Financial Services. Recognized as one of the top retirement income leaders by the American College, Don has contributed to over 20,000 advisor/client engagements, distilling his extensive experience into practical, implementable strategies.

His book, Housing Wealth: 3 Ways the New Reverse Mortgage Is Changing Retirement Income Conversations, reached the Amazon #1 spot for New Releases in Financial Services. Don’s expertise has been featured in Forbes Magazine and PBS-sponsored shows. As a Retirement Income Certified Professional (RICP®), Long Term Care Specialist (CLTC®), and Certified Senior Advisor (CSA®), Don brings a unique perspective on integrating housing wealth into retirement planning. He is also a Business Development Manager at Mutual of Omaha Reverse Mortgage, and his workshops are highly sought after by advisors nationwide.

Podcast: Play in new window | Download (Duration: 51:12 — 41.1MB) | Embed

Subscribe: RSS | More

Feature
Understanding Wealth Erosion Factors: The Hidden Forces at Play (Ep. 48)

Understanding Wealth Erosion Factors: The Hidden Forces at Play (Ep. 48)

By |

What is wealth erosion, and how does it silently put you on a financial treadmill?

Discover how seemingly small factors can amount to a massive impact on long-term success.

Listen in as Jim McGovern explains why money and math don’t always align and how various factors, such as taxes, inflation, and certain choices, can gradually erode wealth over time. Using relatable analogies, like the slow formation of the Grand Canyon and the lifecycle of apples, Jim illustrates how small, seemingly insignificant elements can significantly impact your financial future. Tune in to learn actionable strategies for protecting and growing your wealth, the importance of understanding opportunity costs, and why the process of managing money is more critical than where you invest it.

Key Highlights:

  • Math vs Money: Why math and money don’t always work align and how this misconception can be costing you.
  • Erosion Factors: Discover how taxes, inflation, and lifestyle changes can subtly drain your wealth over time
  • Opportunity Cost: Understand the importance of opportunity cost in making sound financial decisions
  • Process vs Products: Learn why the process of managing money matters more than the specific financial products chosen.
  • Proactive Planning Today: Why taking action now is so critical.
  • Plus, so much more!

Connect with McGovern Wealth Group:

Podcast: Play in new window | Download (Duration: 26:59 — 24.7MB) | Embed

Subscribe: RSS | More