Episode 183 - Supporting the Four Corners of Your Financial House; and Dealing with the Death of the Stretch IRA with P.J. DiNuzzo

Published: Dec. 14, 2016, 5 a.m.

b'In this episode of The Lange Money Hour, Jim welcomes guest P.J. DiNuzzo, a nationally recognized expert in investment management and president of DiNuzzo Index Advisors, Inc. P.J. was one of the first few hundred independent advisors in the U.S. permitted to access Dimensional Fund Advisor's (DFA) index funds for individual investors. DiNuzzo Index Advisors, Inc. consistently ranks among the country's Top 500 investment companies.\\nJim and P.J. will be talking about the foundations of your financial house.\\nJust as a solid house is built on a good foundation, you cannot ignore the foundations of your financial house. The four corners of your financial house include: legal planning, tax planning, financial planning, and investment planning. A bad foundation can undermine your security, and jeopardize your long-term objectives. In this episode, you will learn how your CPA, estate attorney, and money manager should work together to protect your best interests.\\nJim and P.J. will also discuss the Senate Finance Committee\\u2019s recent vote to kill the \\u201cStretch IRA\\u201d -- which signals a major change on the horizon that could devastate your ability to pass wealth to your children and grandchildren. The so-called \\u201cDeath of the Stretch IRA\\u201d is also covered in-depth in Jim\\u2019s new book, The Ultimate Retirement and Estate Plan for Your Million-Dollar IRA.\\nThis show will discuss:\\n\\n\\u2022 How to build a good foundation for your financial house.\\n\\u2022 The value of a personal balance sheet.\\n\\u2022 How Jim and P.J. manage their collaboration, and the value for the client.\\n\\u2022 An overview of index funds and a review of the market for 2016.\\n\\u2022 The "Death of the Stretch IRA".\\nInterested listeners can sign up to receive Jim's latest book, The Ultimate Retirement and Estate Plan for Your Million-Dollar IRA: Including How to Protect Your Nest Egg from the Pending \\u201cDeath of the Stretch IRA\\u201d Legislation by going to: www.paytaxeslater.com/MillionDollarIRA\\n\\nTo listen to this radio show and others, go to www.paytaxeslater.com/radioshow.php'