Winning In The Long Run with Sanjay Rawal (SB RWD 119)

Published: Dec. 28, 2020, 8 a.m.

b"Welcome to day four of our countdown! You didn't think we would stop did you? Today in our New Years countdown featuring our quirkiest interviews, we're turning back the clock to our time with documentary filmmaker Sanjay Rawal. You can read our original show notes below:\\nEstablishing your BEST financial habits means realizing that it isn\\u2019t about being great today or tomorrow; it\\u2019s about doing the right things over and over again for the long run. Today we talk to the creator of a documentary specifically about a long run. 3100, Run and Become is the story of an ultramarathon that covers (shocker) 3100 miles. Better yet? It\\u2019s run around a single New York City block. Sanjay Rawal will take us through the event, his making of the film, and we\\u2019ll talk about topics that have everything to do with finance. 1) Finding what you love; 2) Chasing a dream; 3) Knowing your weaknesses; 4) Finding your state of \\u201cFlow\\u201d; and more. The cool part for us? We get to talk finance in a way that you\\u2019ve probably never heard it talked about before.\\nDuring our headlines segment, another deceased celebrity\\u2019s estate is an arm wrestling match for the heirs. Sigh. We\\u2019ll tell you who\\u2019s fighting for the cash and discuss what YOU should do to foolproof your estate plan from your greedy family. Then, in our second headline, credit card reward programs are everywhere\\u2026 but just like ice cream brands, they\\u2019re not all created equal. We\\u2019ll talk pros and cons of credit card rewards during our second piece.\\nAs if that\\u2019s not enough, we keep bringing it! During our Haven Life Line segment, we\\u2019ll answer a question from Jason. He\\u2019s wants to retire in his 40s. If Jason rolls his Roth 401k into a Roth IRA, will he be able to withdraw the cash without the tax penalty? Does the 5 year conversion rule still apply?\\nThen, in our letter segment David is just starting to pay attention to his financial situation. He wants to know what the advantage would be of using a financial advisor or buying funds that have high expense ratios over doing it himself. Couldn\\u2019t he just do it on his own and save extra cash? We\\u2019ll surprise Jason with an answer he doesn\\u2019t expect, and hopefully surprise you, too.\\nAnd don\\u2019t you worry, we\\u2019ll still have time for some of Doug\\u2019s very special Benjamin Franklin themed trivia.\\nLearn more about your ad choices. Visit podcastchoices.com/adchoices"