The Wise Money Show™

AI is changing the way we invest, manage money, protect against financial scams, and make financial decisions. In this episode of Wise Money, we explore how AI financial planning is evolving, from investing and insurance to budgeting and fraud prevention. Plus, we discuss the opportunities and risks that come with AI and why more information doesn't necessarily lead to better...

Think you have 10 years to empty an inherited IRA? That may not always be the case. In this episode of Wise Money, we break down the lesser-known 5-year rule, how beneficiary designations can change your options, and why regularly reviewing them matters. Plus, we answer listener questions about saving for a first home, Mega Backdoor Roth contributions, and Roth IRA 5-year rul...

Healthcare could be one of your biggest expenses in retirement, but are you actually planning for it? In this episode of Wise Money, we break down how much you should budget for Medicare and healthcare costs, including what to consider if you retire before age 65. We also discuss IRMAA, HSAs, long-term care, and how rising healthcare costs could impact your overall retirement...

our 50s are filled with major life changes that can have a lasting impact on your financial future. From helping kids through college to becoming an empty nester and preparing for retirement, each transition brings new opportunities and new decisions. In this episode of the Wise Money Show, we break down the biggest financial transitions most people face in their 50s, the mis...

If you've spent years building your 401(k), you could be heading toward a retirement tax problem you never saw coming. In this episode of Wise Money, we explore whether it makes sense to keep funding a Roth 401(k), switch to pre-tax contributions, or use Roth conversions to reduce future taxes. You'll also learn how tax diversification, IRMAA, required minimum distributions (...