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Speaker 1: All these years you've saved up planning for a secure retirement,

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Speaker 1: but if you're not careful, it will be the irs

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Speaker 1: that is living it up when you retire by taxing

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Speaker 1: your hard earned money. Welcome to the Maggie Tax and

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Speaker 1: Financial Show with Robert and Chris Maggie of Maggie Tax

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Speaker 1: and Wealth Advisors. With over four decades of combined experience

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Speaker 1: and tax savings, income planning, and investment opportunities, Robert and

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Speaker 1: Chris share advice and tax planning strategies designed to protect

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Speaker 1: your retirement next day from Uncle Sam. Call them at

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Speaker 1: eight three three Maggie Tax or online at Maggie Tax

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Speaker 1: dot com. And now your host for the Maggie Tax

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Speaker 1: and Financial Show, Robert and Chris Maggie.

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Speaker 2: Welcome to the Maggie Tax and Financial Show, where your

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Speaker 2: money meets mastery. I'm Bobby Maggie, and every week we

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Speaker 2: dive deep into the dollars and cents behind your financial future.

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Speaker 2: Whether you're a business owner, a working professional, or just

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Speaker 2: trying to make sense of your taxes. This is your

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Speaker 2: front row seat to clarity, strategy and financial environment. So

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Speaker 2: from tax tips that save you thousands to financial insights

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Speaker 2: that build your legacy. We're not just talking numbers, We're

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Speaker 2: changing lives. So buckle up because today's episode is packed

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Speaker 2: with powerful tools, expert advice, and maybe even a few surprises.

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Speaker 2: So Chris, let's unlock your financial potential with these folks

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Speaker 2: right here, right now today.

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Speaker 3: Well, I say welcome everyone. I'm Chris Maggie, and thank

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Speaker 3: you so much for tuning into the Magi Tax and

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Speaker 3: Financial Show and glad to be here as always because

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Speaker 3: there's so much information that we want to share with you.

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Speaker 3: Visit our website at Maggie tax dot com. That's m

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Speaker 3: A G G I T a X dot com, Maggie

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Speaker 3: tax dot com. And don't forget every Sunday on ABC TV,

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Speaker 3: tune into our show right on TV ten thirty am

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Speaker 3: for The Maggie Tax and Financial Show. So we do

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Speaker 3: tax planning, income planning, investment planning, and state planning, so

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Speaker 3: security maximization planning, we do complete planning. Is the bottom line.

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Speaker 3: That's all you really want to understand is that you

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Speaker 3: want to work with an advisor who looks at everything

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Speaker 3: you know. If you're getting income, you want to make

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Speaker 3: sure they get income on the most tax efficient way.

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Speaker 3: If you have investments. You want to make sure that

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Speaker 3: you're paying leaves mountain taxes. So that's what we do.

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Speaker 3: Telephone numbers eight three three mag attacks, pick up the phone,

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Speaker 3: schedule time to meet with us anytime.

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Speaker 2: So a couple things right now, The power of purposeful

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Speaker 2: income planning. I think a lot of folks get confused

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Speaker 2: about income planning. So we're going to talk about why

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Speaker 2: income planning isn't just for retirees. It's for everyone listening

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Speaker 2: to today's show, whether you're young, or middle aged or retired,

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Speaker 2: you have to start thinking about income planning. How aligning

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Speaker 2: income with life goals creates financial clarity. Again, many people

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Speaker 2: don't think about, you know, longevity about you know, you're

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Speaker 2: in your forties. I'm older obviously, But if you start

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Speaker 2: young and you start putting a plan together, that's what

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Speaker 2: income planning is about. And I want to talk about

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Speaker 2: common myths that hold people back from planning effectively. I

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Speaker 2: don't have time, I'm not making enough money. You know, Chris,

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Speaker 2: you talk about this all the time. And when you

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Speaker 2: were younger, and I know when I was younger, I

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Speaker 2: used to cut grass, I used to you know, shovel snow,

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Speaker 2: and I used to get twenty bucks or twenty five dollars,

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Speaker 2: and my dad would say, you've got to put and

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Speaker 2: you've got to put something away. Take five dollars, put

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Speaker 2: it away, ten dollars, put it away, and just put

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Speaker 2: it away and forget about it like you never got it.

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Speaker 2: And I think the mistake that people make is that

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Speaker 2: they spend. They spend, they spend. And now, as you

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Speaker 2: and I know, I've been doing this for over thirty years,

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Speaker 2: how many people we see that do not plan for

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Speaker 2: retirement and are not ready to retire where they think

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Speaker 2: they got a work pissed a certain age because they

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Speaker 2: just didn't plan. And I think, Chris, for you, you're

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Speaker 2: a young guy, and for young people out there, you

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Speaker 2: have to start somewhere well.

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Speaker 3: As just said, so you know when you're discipline and

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Speaker 3: I know, life happens, right, you have kids, you have

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Speaker 3: a job, people, a lot of people are moving jobs

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Speaker 3: and they have old form one CA's which you need

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Speaker 3: to roll these old form on cas new ira and

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Speaker 3: we can show you how to do that. So if

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Speaker 3: you have a a couple of different old form one

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Speaker 3: case we can show you. But in complaining is start

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Speaker 3: thinking about your own paychecks and play checks. That's the

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Speaker 3: biggest thing. And that's some of the myths that people have.

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Speaker 3: Would you just say, you know, you have to keep

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Speaker 3: up with some of the expenses, and you have to

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Speaker 3: pay a mortgage and our car payment, and life happens.

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Speaker 3: I get it. But if you could just understand, if

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Speaker 3: you're early enough and you're young enough, put money away consistently.

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Speaker 3: You know, you try to live off of one person's income,

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Speaker 3: but if that doesn't happen, but then you need to

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Speaker 3: live off of both. But you still can try to

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Speaker 3: find to put money away in a bucket because it's

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Speaker 3: you need to create your own income plan in the future.

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Speaker 3: And if you're about to retire or you're retired, and

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Speaker 3: if you have these buckets that are just piles of money,

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Speaker 3: you need to turn it into an income stream. So

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Speaker 3: the power is so important with your future income and

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Speaker 3: you need to have a purpose to do it. And

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Speaker 3: while you're saving, put that money away. But when you

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Speaker 3: have the buckets, let's create an income stream.

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Speaker 2: And one thing that I would use, it's a habit,

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Speaker 2: and it's a habit that you have to do, Like

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Speaker 2: you brush your teeth every day, you take a shower.

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Speaker 2: That's a habit. It's the same thing with saving, Chris,

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Speaker 2: I mean your daughter and your son. Give an example,

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Speaker 2: my granddaughter or your daughter seven years old, and I

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Speaker 2: said to her yesterday, what do you do when you

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Speaker 2: get money? She says, I put it in my piggy bank.

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Speaker 2: I said, what does your brother do? Oh, he spends

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Speaker 2: it on baseball cards? I said, does he save? She says, no,

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Speaker 2: not exactly. So there's a perfect example. And this is

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Speaker 2: coming from your kids. This is the truth. Your Your

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Speaker 2: daughter's a she's a thrill. I mean, she's I save it.

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Speaker 2: She said, that goes in my piggy bank. So what

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Speaker 2: what what example does that set? You know?

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Speaker 3: Well, that's just it the discipline. You know she's seven, right,

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Speaker 3: but that's just her mentality. She doesn't want to want

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Speaker 3: to spend it. She keeps it. But you got my

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Speaker 3: son who wants to spend on everything he's got.

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Speaker 2: So what do you do?

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Speaker 3: You have to have a discipline approach, right, And that's

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Speaker 3: why when you're early on, try to save as much

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Speaker 3: as you can. But when you're at the point you

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Speaker 3: need to create income buckets.

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Speaker 2: Well stay with that for a second, because people don't

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Speaker 2: know how much to save that's a big question you

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Speaker 2: and I get all the time. And if you use

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Speaker 2: your age minus one hundred, where you can start putting

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Speaker 2: money into safe investments or even part into a savings account,

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Speaker 2: and then as you get older and time goes on,

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Speaker 2: you could start bumping that up and then it becomes

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Speaker 2: a lot of money.

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Speaker 3: That's right, you know, in time, time is great when

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Speaker 3: you have the value of time and the interest rates

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Speaker 3: and a compounding interest. We can show you how to

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Speaker 3: create those buckets and invest those buckets. So diversifying income

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Speaker 3: streams and building financial resilience is as important as putting

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Speaker 3: money away. You know, you want to explore active income

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Speaker 3: sources and also passive income sources. Do you have rental properties,

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Speaker 3: do you have interest dividends or your investments giving you

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Speaker 3: the income you want? Or is it from social security

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Speaker 3: or a pension. These are things that we have to

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Speaker 3: talk about. So when you come in to meet with us,

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Speaker 3: we can put together an income plan for you. You know,

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Speaker 3: what about what about side hustles or you know, putting

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Speaker 3: money getting money from side investments. It could be maybe

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Speaker 3: your own contractor or a part time job. You know,

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Speaker 3: these are the things that we're talking about. But there

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Speaker 3: are real life examples of diversified income strategies that work.

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Speaker 3: People are living off of their income streams. They are

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Speaker 3: buckets of money that are generating income. So if you

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Speaker 3: have questions and want to know how to do that

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Speaker 3: for yourself, pick up the phone, schedule time to meet

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Speaker 3: with us. Let's get together. Eight three three Maggie tax.

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Speaker 3: Let's talk about income. What about tax efficient income strategies?

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Speaker 2: Well, good point. There the biggest problem I see, you

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Speaker 2: know a question we get how to structure income to

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Speaker 2: minimize tax liability. It's pretty simple. The more money you make,

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Speaker 2: the more tax you're going to pay. But every year

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Speaker 2: I hear the same thing and they tell Chris and

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Speaker 2: I I'm paying too much in taxes, and the truth

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Speaker 2: is you're not paying enough in taxes. And right now

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Speaker 2: we all know that Trump tax cuts were extended, which

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Speaker 2: is a good thing. So when you come in and

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Speaker 2: meet with us, we can explain to you how it's

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Speaker 2: going to benefit you not hurt you. And I think

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Speaker 2: that's going to be It's a big question. It's a

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Speaker 2: big question on everybody's mind. So you know, once you

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Speaker 2: understand what you make and what you have to pay

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Speaker 2: in taxes and the deductions. You might be surprised because

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Speaker 2: you might not pay as much tax as you think

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Speaker 2: you're going to.

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Speaker 3: Well, let's just sit too, and let's add on that.

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Speaker 3: Because the people get income, we meet with clients and

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Speaker 3: we do reviews. They get any income, but a lot

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Speaker 3: of them are the most tax efficient way. But then

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Speaker 3: we see new clients come in and they're getting income

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Speaker 3: and paying a lot in tax, and then their sole

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Speaker 3: securities getting taxes as much as eighty five percent. They're

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Speaker 3: not really sure how to way is to reduce it.

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Speaker 3: That's why tax efficient income strategies are so important, and

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Speaker 3: the role of your retirement accounts and capital gains tax

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Speaker 3: and tax brackets. You know, these are things that you

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Speaker 3: have to be aware of. And if you're working with

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Speaker 3: an advisor who's not even talking about tax efficient income,

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Speaker 3: then you need to do something about it because you're

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Speaker 3: going to be paying more in tax. You're leaving money

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Speaker 3: on the table that's going to Uncle Sam, that should

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Speaker 3: be going to you and your family. And I was

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Speaker 3: giving an example at a client that came in last week.

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Speaker 3: Perfect example. They would take it out ten thousand dollars

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Speaker 3: from their IRA account and the broker said, go ahead

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Speaker 3: and do that. Meanwhile, if they took the ten thousand

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Speaker 3: from the non IRA account, they'll pay no tax. The

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Speaker 3: solid security wouldn't got taxed. But now the broker advised

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Speaker 3: them to take it from a different distribution source and

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Speaker 3: it caused more tax, and the solid security got tax

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Speaker 3: on top of it. And that's where it's so important

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Speaker 3: to make sure you have tax efficient strategies. And that's

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Speaker 3: what we can help you with.

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Speaker 2: Well, go back to one thing. We talk about retirement accounts.

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Speaker 2: Right now, the biggest question people ask is the rmds

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Speaker 2: and how much they have to take out, you know,

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Speaker 2: what capital gains they have on their retirement accounts. These

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Speaker 2: are all questions that you have that you need to

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Speaker 2: call us right now. Income planning for retirement turn your

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Speaker 2: assets into paychecks. Turn your assets into paychecks. And the

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Speaker 2: only reason why I say that twice is because you

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Speaker 2: probably don't know how to do that, how to transition

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Speaker 2: from earning to withdrawing. You know, you work all your life,

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Speaker 2: you save, but then you have to know how to

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Speaker 2: withdraw that money, and like Christen, in the most tax

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Speaker 2: efficient way. You know, there are strategies for sustainable withdrawals.

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Speaker 2: The rule was four percent rule, you know, take four

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Speaker 2: percent out, four percent out, but that's changed. What we

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Speaker 2: do is we do bucket planning. And bucket planning is

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Speaker 2: a lot easier to understand than just withdrawing and deleting

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Speaker 2: that account. So social security, we talk about pensions and annuities.

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Speaker 2: What to know and how to plan. These are questions

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Speaker 2: that you should have and you should be able to

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Speaker 2: commit in talk to us eight three to three Maggie

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Speaker 2: techs sit down and do income planning with us, and

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Speaker 2: some investment planning and again retirement planning. That's what we're

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Speaker 2: talking about today. So you have, you know, a purposeful

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Speaker 2: reason for income planning and retirement planning.

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Speaker 3: Absolutely, and that's a wrap on incomplainning. But don't get

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Speaker 3: too comfortable because next time we're going to dive into

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Speaker 3: the world of investment plan that's we're going to lead

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Speaker 3: into next segment. You know, where your money doesn't just sit,

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Speaker 3: it works and it works hard. So we'll break down

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Speaker 3: smart strategies on cover hidden opportunities and show you how

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Speaker 3: to build a portfolio that's built to last, whether you're

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Speaker 3: just starting out or ready to level up. So stay

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Speaker 3: tuned stay sharp and get ready because the Maggie Tax

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Speaker 3: Advisory Show is right here and your future is on

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Speaker 3: the move. Give us call a three to three Maggie Tax.

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Speaker 1: Stop funding Uncle Sam's retirement and start planning for your

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Speaker 1: own successful retirement. As we return to the Maggie Tax

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Speaker 1: Financial Show with your host Robert and Chris Maggie with

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Speaker 1: Meaggie Tax and Wealth Advisors. For information on how you

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Speaker 1: can create a tax free retirement, call eight three three

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Speaker 1: Maggie Tax, or visit Maggie Tax dot com. Now you're

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Speaker 1: host with Maggie Tax and Wealth Advisors Robert and Chris Maggie.

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Speaker 2: Welcome back to the Maggie Tax and Financial Show. Today

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Speaker 2: we're talking about investment planning, but not just in terms

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Speaker 2: of charts and returns. We're talking about investing in your future,

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Speaker 2: in your family and your freedom, and that's what you

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Speaker 2: all should be thinking about. I'll never forget one client,

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Speaker 2: a single mom working two jobs, just trying to make

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Speaker 2: ends meet, and she didn't think investing was for her.

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Speaker 2: But we started small, like I said before, with a

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Speaker 2: plan built around her goals. Five years later, she had

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Speaker 2: enough saved to buy her first home and start a

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Speaker 2: college fund. For her daughter and she cried. She cried

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Speaker 2: in my office when we told her, well, she told

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Speaker 2: me actually not because of the money, but because she

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Speaker 2: finally felt secure and she finally felt hope. And that's

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Speaker 2: what all of you might be feeling right now. But

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Speaker 2: it can be done. That's what investment planning is really about.

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Speaker 2: It's not just about wealth. It's about possibility. And today

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Speaker 2: we're going to explore how you can take control of

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Speaker 2: your financial future, one smart decision at a time. And Chris,

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Speaker 2: I think what the problem is that most people feel

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Speaker 2: they got to do it all at once and they

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Speaker 2: don't realize that. Think about it. We all grew up

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Speaker 2: as a baby. Okay, we didn't just jump into college.

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Speaker 2: You know, we didn't run. We crawled and then we walked,

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Speaker 2: and then we ran and then life goes on. It's

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Speaker 2: the same thing with you know, investing for your retirement

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Speaker 2: for life. Isn't that correct?

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Speaker 3: Absolutely? And that's why you have to define your purpose

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Speaker 3: before you start with different products, and investment planning is key.

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Speaker 3: And my dad said said it, well, it's about possibility,

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Speaker 3: and investment planning starts with the question or the word

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Speaker 3: why why are you saving for retirement? Why are you

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Speaker 3: saving for a child's education, Why are you saving for

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Speaker 3: a financial independence? These are things that we need to

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Speaker 3: understand what your goals are.

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Speaker 2: Right.

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Speaker 3: Knowing your goals help determine your risk tolerance, your time horizon,

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Speaker 3: as well as the right mix of assets to choose from.

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Speaker 3: So at our firm, we do complete planning and as

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Speaker 3: a registered investment advisory firm, we have a plethora of

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Speaker 3: strategies and investments that we can help you. Whether it's safety,

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Speaker 3: whether it's for growth, whether it's for inflation, whether it's

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Speaker 3: for a lot of dividend producing, whatever it is, we

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Speaker 3: can help you. We just need to understand what you're

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Speaker 3: looking for.

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Speaker 2: You know, it reminds me when I was younger, and

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Speaker 2: many many people out there I might remember what I'm

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Speaker 2: going to talk about, but I used to save for

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Speaker 2: a Christmas club because I'd save, you know, five dollars

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Speaker 2: a week or ten you could do twenty and probably

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Speaker 2: many of you shaking your head. But at the end,

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Speaker 2: by October November, I used to get a check from

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Speaker 2: the bank for five hundred dollars or one thousand dollars

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Speaker 2: to buy Christmas presents. And that's how I learned how

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Speaker 2: to shop, but I also learned how to save. But

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Speaker 2: here's the thing, you know, what is your risk level

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Speaker 2: when you do that? How do you invest money to

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Speaker 2: make money not to lose money? Because many people just think,

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Speaker 2: you know, it's the best stock, it's the best bond.

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Speaker 2: That's not the case. It's investment planning and risk tolerance.

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Speaker 2: Chris and you talk about risk all the time, and

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Speaker 2: this is for everybody, young and old. You can take

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Speaker 2: some risk when you're young, you can take less risk

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Speaker 2: when you're older.

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Speaker 3: And that's the thing. You want to meet with an

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Speaker 3: advisor who can determine your risk. And if you don't know,

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Speaker 3: then we can help. So pick up the phone, schedule

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Speaker 3: time to meet with us. Let's talk about your investment plan.

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Speaker 3: Whether you're working, you put money away, whether you're retired

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Speaker 3: and you just really just have piles of money, there's

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Speaker 3: really no idea and purpose of what to do. Well,

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Speaker 3: we can help with you with that because we can

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Speaker 3: look at your accounts. We can manage your accounts. We

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Speaker 3: can show a type of risk you're taking with your accounts.

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Speaker 3: Do you need income from them? We just want to

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Speaker 3: let it grow so we can diversify your portfolio and

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Speaker 3: diversification isn't just a buzzword. It's protection.

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Speaker 2: You know.

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Speaker 3: Spreading investments across asset classes like stocks, bonds, ETFs, real

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Speaker 3: estate helps reduce risk. I mean there's different types of

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Speaker 3: CDs or straight fixed innuities or index and uities, but

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Speaker 3: a well diversified portfolio can weather market volatility and keep

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Speaker 3: your long term goals on track. And Dad, we talk

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Speaker 3: about this the rule of one hundred. How much money

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Speaker 3: should you have them we call green money? How much

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Speaker 3: should you have in what they call red money and

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Speaker 3: yellow money. So we can show this to you when

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Speaker 3: you come in and meet with us, because you have

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Speaker 3: to understand number one, what you have, and then two

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Speaker 3: to answer the question why why are you investing in?

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Speaker 3: What we can do and we can show you how

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Speaker 3: to put together an investment plan exactly.

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Speaker 2: And that's why we call it the Maggie Plan. It's

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Speaker 2: a simple and easy plan to understand. It's a tax plan,

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Speaker 2: it's an income plan, it's an investment plan. It's a

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Speaker 2: legacy plan. How many of you out there don't have

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Speaker 2: some of those plans. So the question we would ask

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Speaker 2: you is what is your plan? And if you don't

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Speaker 2: have a plan, then you know what, it's time to

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Speaker 2: get on the phone right now. Give us a call

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Speaker 2: eight three to three, Magie tax and let's set a

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Speaker 2: time and sit down. Because the easiest thing to do, Christopher,

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Speaker 2: most people out there is to sit down and talk

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Speaker 2: about it. Let's bring up what's the thing that keeps

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Speaker 2: you up at night. What do you want to fix

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Speaker 2: that you really think that can help you moving forward

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Speaker 2: without fear. And it's not about just investing in the

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Speaker 2: stock or the bond. You know, you know what the

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Speaker 2: market does. Everybody knows that it goes up, it goes down,

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Speaker 2: but over time is what you're looking for to make

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Speaker 2: this plan work. So there's a lot of things that

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Speaker 2: Chris talked about before, different strategies, and there's many concepts

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Speaker 2: that we want to educate you on. So give us

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Speaker 2: a call eight three to three. Maggie tax I have

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Speaker 2: operated standing by right now. We have offices in Tampa,

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Speaker 2: we have an office in Palm Harbor, we have an

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Speaker 2: office in Saint Pete. So there's no reason why you

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Speaker 2: can't meet with us. We could do it on the phone,

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Speaker 2: we could do it on a zoom call. But look,

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Speaker 2: it's up to you. You've got to take the time

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Speaker 2: to make this plan work for you. And like I

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Speaker 2: said before, if you do not have an income plan,

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Speaker 2: or a tax plan or an investment plan, I just

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Speaker 2: gave you the reason why you should give us a call.

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Speaker 2: Eight three to three MAGI tax.

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Speaker 3: Absolutely, So time is your greatest ally. You know, start early,

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Speaker 3: stay consistent. Even if you're fifty in you don't have

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Speaker 3: a retirement plan and you think that you don't, maybe

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Speaker 3: you do. You know, you can't start over, but you

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Speaker 3: can start right now and compound growth rewards patients. You know,

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Speaker 3: even small regular amounts can grow significantly over time. The

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Speaker 3: earlier to start, the more flexibility and freedom that you

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Speaker 3: can gain later in life. So when we talk about diversification,

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Speaker 3: we talk about a purpose. We're talking about time. These

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Speaker 3: are things that factor in on how you should invest.

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Speaker 3: And many people want to hit it big, real quick.

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Speaker 3: But the people who are patient and the people who

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Speaker 3: consistently put money in and they allocate money efficiently are

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Speaker 3: the ones with the great discipline moving forward. So pick

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Speaker 3: up the phone, schedule a time to meet with us.

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Speaker 3: As my dad mentioned before, we have offices on both

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Speaker 3: sides of the bay to help you. Eight three three

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Speaker 3: Maggie Tax. Visit our website at Maggie tax dot com.

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Speaker 3: There's so much information right there at your fingertips. You know,

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Speaker 3: there's educational workshops that we do. As we talked about,

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Speaker 3: come meet with us. Let's have a conversation. Let's sit down,

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Speaker 3: go over your tax strategies, your investment strategies, your tax

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Speaker 3: and if you have one. If you don't, what about

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Speaker 3: your income plan. Many people have no estate planning, so

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Speaker 3: we can help you. You know you just heard now

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Speaker 3: that investment planning can turn uncertainty into opportunity and dreams

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Speaker 3: into reality. We can do that. But here's the truth.

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Speaker 3: The longer you wait, the harder it gets. The best

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Speaker 3: time to start was yesterday, but the next best time

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Speaker 3: is right now. Whether you're building wealth, securing your family future,

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Speaker 3: or chasing financial freedom, it starts with a conversation. Pick

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Speaker 3: up the phone, schedule time to meet with us. So

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Speaker 3: just don't think about it. Act call now, book your

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Speaker 3: appointment and meet with us. Let's build a plan that

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Speaker 3: works for you, because your future isn't waiting, and neither

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Speaker 3: should you. Eight three to three Maggie Tax. That's eight

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Speaker 3: three to three Maggie Tax.

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Speaker 1: Stop funding Uncle Sam's retirement and start planning for your

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Speaker 1: own successful retirement. As we return to the Maggie Tax

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Speaker 1: Financial Show with your host Robert and Chris Maggie with

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Speaker 1: Maggie Tax and Wealth Advisors. For information on how you

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00:18:56,960 --> 00:19:00,320
Speaker 1: can create a tax free retirement, call eight three three

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Speaker 1: Maggie Tax or visit Maggie Tax dot com. Now your

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Speaker 1: host with Maggie Tax and Wealth Advisors, Robert and Chris Maggie.

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Speaker 3: Welcome back to the Maggie Tax and Financial Show where

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Speaker 3: your Money meets meaning. We just talked about how to

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Speaker 3: grow your wealth through smart investment planning, but now we

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Speaker 3: turn to something even more important, protecting that wealth for

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Speaker 3: people you love. Because true financial success isn't just about

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Speaker 3: what you build, It's about what you leave behind. Estate

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Speaker 3: planning is the bridge between your hard work and your legacy,

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Speaker 3: and without it, your assets could end up tangled in probate,

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Speaker 3: delayed and drained far from your future that you and

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Speaker 3: envision for your family. And you don't want that. So

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Speaker 3: today you want to start out and show you and

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Speaker 3: make sure that your home, your accounts, your business, everything

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Speaker 3: you work so hard for passes smoothly, privately and powerfully

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Speaker 3: to the next generation, because that's what you deserve. It's

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Speaker 3: not about just having millions of dollars and only the

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Speaker 3: wealthy can do that. Everybody can do that if you

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Speaker 3: just do the right planning. So let's talk about trusts

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Speaker 3: and wills and benefit sery designations and the tools that

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Speaker 3: turn planning into peace of mind. So this is more

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00:20:09,520 --> 00:20:12,080
Speaker 3: than just paperwork. It's your legacy, and you know, let's

433
00:20:12,119 --> 00:20:14,240
Speaker 3: protect it together. And Dad, how many times do we

434
00:20:14,320 --> 00:20:18,320
Speaker 3: see people come in they got no plan, they got

435
00:20:18,359 --> 00:20:21,119
Speaker 3: piles of money, they come in all happy, Hey, this

436
00:20:21,200 --> 00:20:23,240
Speaker 3: is what I say. You look at my accounts, and

437
00:20:23,359 --> 00:20:26,600
Speaker 3: but again it's pretty much there's nothing under it to

438
00:20:26,640 --> 00:20:27,240
Speaker 3: protect it.

439
00:20:27,320 --> 00:20:29,840
Speaker 2: Well, because no one took the time to educate them.

440
00:20:29,880 --> 00:20:31,920
Speaker 2: And think about it. You go to school to learn

441
00:20:32,200 --> 00:20:34,520
Speaker 2: and then you have to take a topic or a

442
00:20:34,560 --> 00:20:36,440
Speaker 2: subject and you get a test on it. And I

443
00:20:36,440 --> 00:20:39,400
Speaker 2: don't think anyone's ever you know, tested anybody on investment

444
00:20:39,440 --> 00:20:42,879
Speaker 2: planning or what we're talking about, you know, a state planning.

445
00:20:42,920 --> 00:20:45,280
Speaker 2: So let's kind of recap some of the things on

446
00:20:45,320 --> 00:20:47,760
Speaker 2: the investment plan that we talked about. Think about it.

447
00:20:47,800 --> 00:20:50,200
Speaker 2: You've built the wealth, now let's protect it. But the

448
00:20:50,280 --> 00:20:52,000
Speaker 2: other thing, like Chris is mentioning what do you do

449
00:20:52,040 --> 00:20:55,760
Speaker 2: with it? So a state planning, it's not just about money,

450
00:20:55,760 --> 00:20:57,879
Speaker 2: it's about meaning, what are you going to do with it?

451
00:20:58,200 --> 00:21:00,280
Speaker 2: How do you want it to pass your beneficiary? Is

452
00:21:00,600 --> 00:21:03,320
Speaker 2: I have a trust? Okay, anything happens to me, my

453
00:21:03,400 --> 00:21:05,479
Speaker 2: wife gets it. Anything apps to my wife and I

454
00:21:05,800 --> 00:21:07,920
Speaker 2: my two boys get it, and anything happens to them.

455
00:21:07,920 --> 00:21:11,159
Speaker 2: Guess where it passes down to the grandkids. So when

456
00:21:11,200 --> 00:21:13,080
Speaker 2: you think about that, is that the kind of plan

457
00:21:13,200 --> 00:21:15,760
Speaker 2: you have or you don't even know yet, so you

458
00:21:15,800 --> 00:21:19,399
Speaker 2: know it's basically an emotional hook. What happens to your

459
00:21:19,440 --> 00:21:21,639
Speaker 2: assets when you're gone? And Chris, this is where I

460
00:21:21,640 --> 00:21:24,840
Speaker 2: think people get I would say sidetracked. But when they

461
00:21:25,160 --> 00:21:27,600
Speaker 2: meet with an advisor, it's all about selling them something.

462
00:21:27,800 --> 00:21:29,520
Speaker 2: Think about it. They come in with their statement, they

463
00:21:29,520 --> 00:21:32,679
Speaker 2: give it to you know, a custodian, and they invest it.

464
00:21:32,720 --> 00:21:35,240
Speaker 2: But what happens after that? What do they do with it?

465
00:21:35,800 --> 00:21:37,760
Speaker 2: Do they keep it, do they lose it? And then

466
00:21:37,760 --> 00:21:39,879
Speaker 2: when they need money to then the big question when

467
00:21:39,880 --> 00:21:42,919
Speaker 2: you ask everybody this is always a funny question, how

468
00:21:43,000 --> 00:21:45,879
Speaker 2: much do you need every month coming in the front door.

469
00:21:45,920 --> 00:21:49,640
Speaker 2: When you ask that question, people go I don't know,

470
00:21:50,080 --> 00:21:52,879
Speaker 2: and that just bewilders me all the time because no

471
00:21:52,920 --> 00:21:56,280
Speaker 2: one that's a perfect point, Chris, No one talks about it.

472
00:21:56,560 --> 00:21:58,240
Speaker 3: That's just it. And you know, I was listening to

473
00:21:58,240 --> 00:22:00,560
Speaker 3: you and you made a great question and to the

474
00:22:00,920 --> 00:22:03,880
Speaker 3: listener here and to me as well, listening what happens

475
00:22:03,880 --> 00:22:07,040
Speaker 3: when your assets went to your assets when you're gone?

476
00:22:07,760 --> 00:22:09,639
Speaker 3: Think about that. Let that digest for a minute. Do

477
00:22:09,720 --> 00:22:14,840
Speaker 3: you know? And if you know totally in confirmation, is

478
00:22:14,880 --> 00:22:16,560
Speaker 3: one hundred percent that you know where it's going to go,

479
00:22:16,640 --> 00:22:18,679
Speaker 3: then that's a great thing. But I bet you that

480
00:22:18,840 --> 00:22:22,120
Speaker 3: most listeners today have a doubt, they have questions in mind.

481
00:22:22,119 --> 00:22:23,800
Speaker 3: They don't know really where it's.

482
00:22:23,680 --> 00:22:23,960
Speaker 2: Going to go.

483
00:22:24,119 --> 00:22:25,880
Speaker 3: I'm talking about your bank accounts. I'm talking about your

484
00:22:25,920 --> 00:22:27,960
Speaker 3: form of case. I'm talking about your IRA, your roth IRA,

485
00:22:28,000 --> 00:22:30,240
Speaker 3: your brokenge account. Think about those accounts. What about the

486
00:22:30,240 --> 00:22:33,199
Speaker 3: savings accounts that you have? What about your house? So?

487
00:22:33,320 --> 00:22:33,840
Speaker 2: What do you do?

488
00:22:33,960 --> 00:22:36,960
Speaker 3: Why is the state planning so essential because you want

489
00:22:36,960 --> 00:22:40,440
Speaker 3: to avoid probate? What's probate? Probates the court system that's

490
00:22:40,480 --> 00:22:42,920
Speaker 3: who's going to make decisions on your state and doesn't

491
00:22:42,960 --> 00:22:45,520
Speaker 3: have to be that way. There's delays there's cost, there's

492
00:22:45,880 --> 00:22:49,000
Speaker 3: public exposure. My gosh, we have a piece in our

493
00:22:49,040 --> 00:22:52,800
Speaker 3: office on celebrities who went through probate. Oh my goodness,

494
00:22:52,800 --> 00:22:55,440
Speaker 3: when you sit there and look at what they went through,

495
00:22:55,800 --> 00:22:59,119
Speaker 3: millions and millions of dollars wasted and now we know

496
00:22:59,200 --> 00:23:02,640
Speaker 3: all about their We don't have to same thing for you.

497
00:23:02,640 --> 00:23:04,440
Speaker 3: You know, we want to ensure that assets pass to

498
00:23:04,640 --> 00:23:10,280
Speaker 3: your loved ones smoothly, not through havoc and fights and

499
00:23:10,359 --> 00:23:12,919
Speaker 3: time and delays. You know, we want to prevent family

500
00:23:12,960 --> 00:23:16,240
Speaker 3: disputes and confusion. My gosh, Dad, how many stories can

501
00:23:16,280 --> 00:23:17,040
Speaker 3: we talk about.

502
00:23:16,800 --> 00:23:18,800
Speaker 2: With this, Well, too many to be honest with you,

503
00:23:18,880 --> 00:23:21,040
Speaker 2: and they're scary, and they're honest stories and they're real.

504
00:23:21,160 --> 00:23:24,320
Speaker 2: And let me also throw this out at you everyone

505
00:23:24,400 --> 00:23:27,320
Speaker 2: listening today. We do want a state planning seminar. We

506
00:23:27,400 --> 00:23:29,719
Speaker 2: do four a month. Just go to my website, Maggie

507
00:23:29,720 --> 00:23:32,560
Speaker 2: tax dot com. Click on seminars. You'll see the dates.

508
00:23:32,600 --> 00:23:35,240
Speaker 2: We hold them at libraries and we hold them either

509
00:23:35,280 --> 00:23:38,040
Speaker 2: at eleven o'clock or two o'clock in the afternoon. I

510
00:23:38,040 --> 00:23:40,359
Speaker 2: don't buy dinners because it's just not gonna help me

511
00:23:40,400 --> 00:23:42,560
Speaker 2: help you. I want you to come for the education.

512
00:23:42,720 --> 00:23:45,680
Speaker 2: Everything just Chris just mentioned here. It's amazing how many

513
00:23:45,680 --> 00:23:48,160
Speaker 2: people are sitting there saying, gee, I wish I would

514
00:23:48,160 --> 00:23:50,439
Speaker 2: have done that, Gee I wish I would have done that. Folks,

515
00:23:50,440 --> 00:23:52,720
Speaker 2: it's very easy, it's very cheap, and it's going to

516
00:23:52,800 --> 00:23:55,880
Speaker 2: save you thousands of dollars. So just go to my website,

517
00:23:55,880 --> 00:23:58,479
Speaker 2: Maggie tax dot com, click on seminars. You'll see all

518
00:23:58,520 --> 00:24:01,560
Speaker 2: the dates there every month. There's four times a month

519
00:24:01,640 --> 00:24:03,440
Speaker 2: right now, and we're probably going to do more because

520
00:24:03,480 --> 00:24:06,000
Speaker 2: it's so important. When Chris and I are talking about

521
00:24:06,040 --> 00:24:08,879
Speaker 2: and what we see every day, it's really sad that

522
00:24:09,000 --> 00:24:11,679
Speaker 2: you don't know about something simple enough to get a

523
00:24:11,720 --> 00:24:15,040
Speaker 2: will or a trust you know, or which one is better?

524
00:24:15,480 --> 00:24:17,280
Speaker 2: Even like if you have a home, I'll mention this

525
00:24:17,400 --> 00:24:19,840
Speaker 2: a quick claim deed or a lady bird deed. Why

526
00:24:19,880 --> 00:24:22,480
Speaker 2: am I mentioning that to avoid one thing? Chris, it's

527
00:24:22,480 --> 00:24:25,400
Speaker 2: called probate. How many clients do we see every day

528
00:24:25,400 --> 00:24:27,720
Speaker 2: they have you mentioned it before, millions of dollars in

529
00:24:27,720 --> 00:24:29,919
Speaker 2: their IRA four oh one K and they don't have

530
00:24:29,960 --> 00:24:32,360
Speaker 2: any of these documents. And you know how we find

531
00:24:32,400 --> 00:24:34,840
Speaker 2: out when the children come in and they say, you know, guys,

532
00:24:34,840 --> 00:24:37,240
Speaker 2: I can't get my money from my parents, it's going

533
00:24:37,280 --> 00:24:40,479
Speaker 2: through probate. Yeah, you think that's the reason. Why, So

534
00:24:40,520 --> 00:24:42,560
Speaker 2: do you want that to happen to you? And it's

535
00:24:42,600 --> 00:24:44,119
Speaker 2: the cheapest thing you could do?

536
00:24:44,320 --> 00:24:47,040
Speaker 3: Absolutely, And you know when we hear those stories, we

537
00:24:47,160 --> 00:24:50,119
Speaker 3: just cringe and then we start looking into where they

538
00:24:50,160 --> 00:24:52,159
Speaker 3: came from. And then you come to find out that

539
00:24:52,240 --> 00:24:56,480
Speaker 3: mom and dad had their advisor for twenty twenty five

540
00:24:56,560 --> 00:24:58,760
Speaker 3: years and then you say they didn't talk to them

541
00:24:58,760 --> 00:25:01,560
Speaker 3: about this. Wow, they manage their money really great. But

542
00:25:01,600 --> 00:25:05,720
Speaker 3: guess what now you got probaate cost and time and money.

543
00:25:06,080 --> 00:25:08,320
Speaker 3: How do you go about doing that? And that's why

544
00:25:08,600 --> 00:25:10,280
Speaker 3: if you have an advisor now and that's not talking

545
00:25:10,280 --> 00:25:13,119
Speaker 3: about total estate planning and income planning and tax planning,

546
00:25:13,600 --> 00:25:16,000
Speaker 3: then I really raised the question that you should come

547
00:25:16,040 --> 00:25:18,280
Speaker 3: in and meet with us, because let's have a conversation.

548
00:25:18,359 --> 00:25:20,880
Speaker 3: If you're looking for a complete plan, we can help

549
00:25:20,960 --> 00:25:22,960
Speaker 3: eight three to three maggie tax. That's eight three to

550
00:25:23,080 --> 00:25:25,160
Speaker 3: three maggie tax. Well, let me hurt you a little

551
00:25:25,200 --> 00:25:27,160
Speaker 3: bit more. Okay, this is really important.

552
00:25:27,480 --> 00:25:30,720
Speaker 2: How many of you have done a beneficiary change or

553
00:25:30,760 --> 00:25:33,840
Speaker 2: a benefit Have you checked your beneficiaries? Because what Chris

554
00:25:33,920 --> 00:25:36,400
Speaker 2: just mentioned when some people pass and then we look

555
00:25:36,400 --> 00:25:39,240
Speaker 2: at the beneficiary. Guess what, It's not what you thought

556
00:25:39,240 --> 00:25:41,720
Speaker 2: it was because you did this ten, fifteen, twenty years ago.

557
00:25:42,119 --> 00:25:43,800
Speaker 2: So I challenge all of you give us a call,

558
00:25:43,920 --> 00:25:46,639
Speaker 2: sit down with us. Eight three to three, Maggie Tax.

559
00:25:46,960 --> 00:25:49,919
Speaker 2: Let's review your documents to see if they're correct. Because

560
00:25:50,240 --> 00:25:52,919
Speaker 2: again here's another question. How many of you have or

561
00:25:52,960 --> 00:25:56,800
Speaker 2: have not a power of attorney on healthcare directives? What

562
00:25:56,840 --> 00:25:59,080
Speaker 2: happens if something happens to you and you need a

563
00:25:59,119 --> 00:26:02,560
Speaker 2: healthcare decision to be made, Who's gonna make it? Okay,

564
00:26:02,640 --> 00:26:04,240
Speaker 2: this is what we see every day, and this is

565
00:26:04,240 --> 00:26:07,040
Speaker 2: why we do the show because there's so many things

566
00:26:07,119 --> 00:26:09,119
Speaker 2: that you could do to make it better. You just

567
00:26:09,160 --> 00:26:12,159
Speaker 2: got to sit down, have a conversation, go over And

568
00:26:12,200 --> 00:26:14,560
Speaker 2: I said this before, what keeps you up at night?

569
00:26:15,359 --> 00:26:17,760
Speaker 2: So what if what keeps you up at night someone

570
00:26:17,880 --> 00:26:20,959
Speaker 2: passed away and then going through probate? Doesn't that bother you?

571
00:26:21,480 --> 00:26:23,560
Speaker 2: I think it should and I know it bothers me

572
00:26:23,600 --> 00:26:24,960
Speaker 2: when I see it all the time, and Chris and

573
00:26:25,000 --> 00:26:26,720
Speaker 2: I see it all the time. There's not that I

574
00:26:26,760 --> 00:26:29,040
Speaker 2: can do about it unless you want to do something

575
00:26:29,040 --> 00:26:32,159
Speaker 2: about it. Eight three three Maggie Tax and Chris, this

576
00:26:32,240 --> 00:26:34,560
Speaker 2: is so important when you talk about the things we're

577
00:26:34,560 --> 00:26:38,000
Speaker 2: talking about today, investment strategies, income planning, and now is

578
00:26:38,040 --> 00:26:40,840
Speaker 2: state planning. These are common things that you all should

579
00:26:40,840 --> 00:26:44,320
Speaker 2: be thinking of. So get the right time do it.

580
00:26:44,359 --> 00:26:47,400
Speaker 3: Eight three three Maggie Tax message. Just get the Maggie planned.

581
00:26:47,440 --> 00:26:49,439
Speaker 3: Visit our website at Maggie tax dot com. That's m

582
00:26:49,520 --> 00:26:51,719
Speaker 3: A G G I T A X dot com. All

583
00:26:51,720 --> 00:26:54,680
Speaker 3: their informations right there. But I'll give a quick example.

584
00:26:55,119 --> 00:26:58,000
Speaker 3: I never forget this story. I've been this a business

585
00:26:58,000 --> 00:27:00,680
Speaker 3: over twenty years, and I tell you the second year

586
00:27:00,720 --> 00:27:03,560
Speaker 3: I was in this business, I came across a client

587
00:27:03,920 --> 00:27:06,920
Speaker 3: who had twenty thousand dollars to her name, but her

588
00:27:06,960 --> 00:27:10,360
Speaker 3: brother passed away who lived in California, and he had

589
00:27:10,359 --> 00:27:13,840
Speaker 3: two million dollars. So we met with our client and

590
00:27:13,880 --> 00:27:15,480
Speaker 3: we took care of her because it's not about how

591
00:27:15,520 --> 00:27:17,919
Speaker 3: much money you have, it's about the whole process. So

592
00:27:18,240 --> 00:27:19,720
Speaker 3: she came on in and she told us, you know,

593
00:27:19,760 --> 00:27:22,239
Speaker 3: her brother passed away, and we felt terrible for her.

594
00:27:22,280 --> 00:27:24,520
Speaker 3: And we found that this information that he had two

595
00:27:24,520 --> 00:27:27,840
Speaker 3: CDs with the same bank. One million dollars was with

596
00:27:28,119 --> 00:27:30,320
Speaker 3: one CD and the other million dollars, which is with

597
00:27:30,400 --> 00:27:33,760
Speaker 3: the other. But guess what. The one CD had proper

598
00:27:33,760 --> 00:27:36,560
Speaker 3: beneficiary designation where the other one did not. So the

599
00:27:36,600 --> 00:27:39,399
Speaker 3: million dollars went to her and avoided probate because it

600
00:27:39,440 --> 00:27:42,439
Speaker 3: was the right transfer, very quickly and efficiently. But the

601
00:27:42,480 --> 00:27:46,960
Speaker 3: other million it took eighteen months, eighteen months through probate.

602
00:27:47,240 --> 00:27:50,720
Speaker 3: He had attorney costs, he had fees, everyone knew about

603
00:27:50,440 --> 00:27:53,800
Speaker 3: his public record and everything. And guess what, the call

604
00:27:53,840 --> 00:27:57,040
Speaker 3: could have been avoided. So the same bank, we had

605
00:27:57,040 --> 00:28:00,000
Speaker 3: this all mess up because they didn't do the proper play.

606
00:28:00,520 --> 00:28:03,400
Speaker 3: So pick up the phone, schedule appointment today. Don't let

607
00:28:03,440 --> 00:28:06,720
Speaker 3: this happen to you. Eight three three magi tax. That's

608
00:28:06,760 --> 00:28:08,560
Speaker 3: eight three three magi tax.

609
00:28:08,920 --> 00:28:11,879
Speaker 2: Let me make it simple. Your legacy starts now, and

610
00:28:11,920 --> 00:28:15,160
Speaker 2: think about it. You've worked hard, you've saved, you invested

611
00:28:15,240 --> 00:28:18,440
Speaker 2: and built a life worth protecting. But without a plan,

612
00:28:18,560 --> 00:28:21,560
Speaker 2: everything that you've built could be left to chance. That's

613
00:28:21,600 --> 00:28:24,440
Speaker 2: not a good plan. A state planning isn't just about

614
00:28:24,440 --> 00:28:28,159
Speaker 2: avoiding probriate. It's about making sure that your family doesn't

615
00:28:28,200 --> 00:28:32,040
Speaker 2: have to fight through red tape while grieving. That's the

616
00:28:32,080 --> 00:28:37,240
Speaker 2: worst time. It's about clarity, compassion, and control. So ask yourself,

617
00:28:37,640 --> 00:28:41,120
Speaker 2: if something happened tomorrow, would your loved ones know what

618
00:28:41,240 --> 00:28:43,720
Speaker 2: to do? Would your wife know what to do? Would

619
00:28:43,760 --> 00:28:46,360
Speaker 2: your children know what to do? Would your assets go

620
00:28:46,800 --> 00:28:50,160
Speaker 2: to where you intended? Would your legacy be protected? And

621
00:28:50,160 --> 00:28:53,120
Speaker 2: that's important? Okay, if you're not sure, it's time to

622
00:28:53,240 --> 00:28:56,480
Speaker 2: act eight three to three Maggie Tax call us today.

623
00:28:56,560 --> 00:29:00,360
Speaker 2: Let's build a plan that honors your life, protects your family,

624
00:29:00,880 --> 00:29:04,040
Speaker 2: and gives you peace of mind. Because your legacy deserves

625
00:29:04,040 --> 00:29:07,120
Speaker 2: more than hope. It deserves a strategy. And Chris, so

626
00:29:07,120 --> 00:29:09,600
Speaker 2: many times when we meet with people, we get through

627
00:29:09,640 --> 00:29:12,960
Speaker 2: an appointment, it's always like, what do you have? It's

628
00:29:13,000 --> 00:29:15,440
Speaker 2: not what we have, it's what would you like to do?

629
00:29:16,160 --> 00:29:18,080
Speaker 2: What is your planet? Why are you here to see

630
00:29:18,160 --> 00:29:20,520
Speaker 2: Chris and I today? And I think all of you

631
00:29:20,560 --> 00:29:22,920
Speaker 2: out there have to start asking that question. If you're

632
00:29:22,920 --> 00:29:25,680
Speaker 2: going to meet with the advisor, how can they help you?

633
00:29:26,400 --> 00:29:29,840
Speaker 2: What are they going to help you with? Just an investment? Folks,

634
00:29:29,840 --> 00:29:32,560
Speaker 2: that's not good. And that's why we're successful at what

635
00:29:32,600 --> 00:29:35,640
Speaker 2: we do on the Maggie Plan because we talk about taxes,

636
00:29:35,880 --> 00:29:39,520
Speaker 2: we talk about investments, we talk about social security, pensions.

637
00:29:39,800 --> 00:29:42,120
Speaker 2: We talk about wills, trust and everything else that goes

638
00:29:42,160 --> 00:29:44,520
Speaker 2: along with it. And you know what, if your advisor

639
00:29:44,600 --> 00:29:47,200
Speaker 2: is not doing that, shame on them. And one thing

640
00:29:47,280 --> 00:29:49,760
Speaker 2: Chris mentioned before, So what if you had an advisor

641
00:29:49,800 --> 00:29:52,360
Speaker 2: for twenty years, now go back and ask them why

642
00:29:52,360 --> 00:29:53,480
Speaker 2: they didn't finish the job.

643
00:29:53,600 --> 00:29:56,680
Speaker 3: But that's it, and that's why it's so important, and

644
00:29:56,040 --> 00:29:58,960
Speaker 3: your future begins with one phone call. Pick up the phone,

645
00:29:59,000 --> 00:30:00,920
Speaker 3: schedule time to meet with us. Let's have a conversation.

646
00:30:01,280 --> 00:30:02,800
Speaker 3: We have office on both sides of the bay. But

647
00:30:02,840 --> 00:30:05,200
Speaker 3: when we do complete planning such as income planning and

648
00:30:05,440 --> 00:30:08,120
Speaker 3: your investment playing and planning and how it incorporates with

649
00:30:08,160 --> 00:30:09,640
Speaker 3: your taxes and how much youre going to pay at

650
00:30:09,640 --> 00:30:11,800
Speaker 3: tax and your legacy plan, you can see how this

651
00:30:11,920 --> 00:30:14,640
Speaker 3: all fits together. And that's why we call it the

652
00:30:14,680 --> 00:30:18,360
Speaker 3: Maggie Plan. Putting your puzzle pieces together, we can definitely

653
00:30:18,440 --> 00:30:20,640
Speaker 3: do it for you. It starts with a phone call

654
00:30:20,720 --> 00:30:22,800
Speaker 3: eight three to three Maggie Tax. That's eight three to

655
00:30:22,800 --> 00:30:25,719
Speaker 3: three Maggie Tax. And don't forget Tune in every Sunday

656
00:30:25,760 --> 00:30:28,040
Speaker 3: on ABC TV at ten thirty for the Maggie Tax

657
00:30:28,040 --> 00:30:31,400
Speaker 3: and Financial Show. Eight three three Maggie Tax. That's eight

658
00:30:31,400 --> 00:30:32,600
Speaker 3: three to three Maggie Tax.

659
00:30:38,400 --> 00:30:41,959
Speaker 1: Stop funding Uncle Sam's retirement and start planning for your

660
00:30:42,000 --> 00:30:45,480
Speaker 1: own successful retirement as we return to the Maggie Tax

661
00:30:45,520 --> 00:30:48,920
Speaker 1: Financial Show with your host Robert and Chris Maggie with

662
00:30:49,040 --> 00:30:52,160
Speaker 1: Maggie Tax and Wealth Advisors. For information on how you

663
00:30:52,200 --> 00:30:55,800
Speaker 1: can create a tax free retirement, call eight three three

664
00:30:56,240 --> 00:31:00,560
Speaker 1: Maggie Tax or visit Maggie Tax dot com. Now your

665
00:31:00,560 --> 00:31:06,440
Speaker 1: host with Maggie Tax and Wealth Advisors, Robert and Chris Maggie.

666
00:31:07,120 --> 00:31:09,960
Speaker 2: Welcome back to the Maggie Tax and Financial Show. My

667
00:31:10,040 --> 00:31:11,960
Speaker 2: name is Robert Maggie and I'm here with my son

668
00:31:12,160 --> 00:31:14,640
Speaker 2: Chris Maggie. So we've been talking about an awful lot

669
00:31:14,640 --> 00:31:17,280
Speaker 2: today and if you have questions or concerns, now is

670
00:31:17,320 --> 00:31:19,160
Speaker 2: the time to pick up the phone eight three to

671
00:31:19,280 --> 00:31:22,560
Speaker 2: three Maggie Tax, and don't forget. Every Sunday at ten

672
00:31:22,680 --> 00:31:25,800
Speaker 2: thirty on ABC TV, tune into the Maggie Tax and

673
00:31:25,840 --> 00:31:28,160
Speaker 2: Financial Show. We talk about a lot of things that

674
00:31:28,240 --> 00:31:30,400
Speaker 2: might help you out, So give us a call eight

675
00:31:30,440 --> 00:31:33,280
Speaker 2: three to three Maggie Tax, and think about it. You've

676
00:31:33,280 --> 00:31:36,960
Speaker 2: built the life, protected your legacy, and made sure you'll

677
00:31:36,960 --> 00:31:39,680
Speaker 2: love the ones won't be burdened by probate. We talked

678
00:31:39,680 --> 00:31:42,360
Speaker 2: about that before, but here's the question we really ask,

679
00:31:42,720 --> 00:31:46,600
Speaker 2: who's helping you connect all the dots? Because the state

680
00:31:46,640 --> 00:31:49,080
Speaker 2: planning is just one piece of the puzzle, and if

681
00:31:49,120 --> 00:31:52,080
Speaker 2: the rest of your financial life isn't aligned, even the

682
00:31:52,120 --> 00:31:55,160
Speaker 2: best plan can fall short. And here's the problem. The

683
00:31:55,240 --> 00:31:57,600
Speaker 2: problem too often is that people work with a tax

684
00:31:57,680 --> 00:32:01,880
Speaker 2: preparer in one corner and intment advisor in another, and

685
00:32:01,920 --> 00:32:04,640
Speaker 2: maybe in a state attorney somewhere down the line, but

686
00:32:04,680 --> 00:32:07,360
Speaker 2: no one's talking to each other. And that's how things

687
00:32:07,400 --> 00:32:11,280
Speaker 2: get messed up. That's how things get missed. Beneficiaries don't

688
00:32:11,320 --> 00:32:15,680
Speaker 2: match tax strategies, conflict with income plans, and opportunities slip

689
00:32:15,720 --> 00:32:18,880
Speaker 2: through the cracks. And that's the probably the biggest mistake

690
00:32:18,920 --> 00:32:22,320
Speaker 2: and the most common mistake most people make. So, Chris,

691
00:32:22,560 --> 00:32:25,560
Speaker 2: what's the solution to all this? How simple can it be?

692
00:32:25,640 --> 00:32:28,600
Speaker 3: Well, that's so important, and that's why you need a

693
00:32:28,640 --> 00:32:32,560
Speaker 3: complete advisor, someone who sees the full picture your taxes,

694
00:32:32,600 --> 00:32:35,160
Speaker 3: your investments, your retirement income, and your a state plan

695
00:32:35,560 --> 00:32:38,680
Speaker 3: and brings it all together. And a complete advisor doesn't

696
00:32:38,720 --> 00:32:42,960
Speaker 3: just react to problems, they anticipate them. They build strategies

697
00:32:42,960 --> 00:32:45,120
Speaker 3: that work in harmony, not isolation, and that's what we

698
00:32:45,160 --> 00:32:47,080
Speaker 3: do here. We call it the Maggie Plan, and that's

699
00:32:47,120 --> 00:32:49,120
Speaker 3: why we want you to visit our website, Maggie tax

700
00:32:49,120 --> 00:32:51,600
Speaker 3: dot com, because we can put it all together. If

701
00:32:51,640 --> 00:32:54,440
Speaker 3: you ever felt like your financial life is a stack

702
00:32:54,480 --> 00:32:57,160
Speaker 3: of disconnected folders, do you ever think about that, Well,

703
00:32:57,200 --> 00:32:59,360
Speaker 3: it's time to change that. And that's why you can

704
00:32:59,400 --> 00:33:01,280
Speaker 3: just pick up the phone. It starts with you. Pick

705
00:33:01,320 --> 00:33:03,600
Speaker 3: up the phone, schedule time to meet with us. Let's

706
00:33:03,600 --> 00:33:06,720
Speaker 3: sit down and build a plan that's not just smart,

707
00:33:06,920 --> 00:33:11,640
Speaker 3: it's complete because your future doesn't deserve to have fragments.

708
00:33:12,200 --> 00:33:15,560
Speaker 3: It deserves a team that sees the whole view and mind.

709
00:33:15,640 --> 00:33:18,840
Speaker 3: And that's why we talk about complete planning. There's transactional

710
00:33:18,880 --> 00:33:22,520
Speaker 3: advisors out there, but then there's complete planners. And that's

711
00:33:22,520 --> 00:33:24,720
Speaker 3: why we set up our company this way because we

712
00:33:24,800 --> 00:33:27,040
Speaker 3: understand the tax side of things, the investment side, the

713
00:33:27,080 --> 00:33:29,880
Speaker 3: income planning, the estate planning, you know what about social

714
00:33:29,880 --> 00:33:32,000
Speaker 3: security and medicare planning. We can help it all this.

715
00:33:32,640 --> 00:33:35,880
Speaker 3: So we have the people in place in house, so

716
00:33:35,880 --> 00:33:38,240
Speaker 3: you don't have to go each and everywhere, and that's

717
00:33:38,240 --> 00:33:41,240
Speaker 3: why all you got to do is schedule appointment to

718
00:33:41,320 --> 00:33:43,480
Speaker 3: meet with us A three three Maggie tacks.

719
00:33:43,520 --> 00:33:45,400
Speaker 2: You know, as you're talking about that, thing came to

720
00:33:45,440 --> 00:33:47,400
Speaker 2: my mind. I mean, you know how silly I could get.

721
00:33:47,440 --> 00:33:49,880
Speaker 2: But what I'm gonna do is make a puzzle. And

722
00:33:49,960 --> 00:33:52,080
Speaker 2: it's like a small puzzle, maybe an eight and a

723
00:33:52,080 --> 00:33:54,800
Speaker 2: half by eleven. And when clients come in, we're going

724
00:33:54,880 --> 00:33:56,520
Speaker 2: to give them the puzzle and see if they could

725
00:33:56,520 --> 00:33:58,320
Speaker 2: put it together. Maybe that might work.

726
00:33:59,240 --> 00:34:02,080
Speaker 3: It's hard enough with them as it is, because many

727
00:34:02,120 --> 00:34:04,600
Speaker 3: people see all honesty, You've made a joke about it.

728
00:34:04,640 --> 00:34:07,360
Speaker 3: But you know, people come in and and they're confused

729
00:34:07,400 --> 00:34:09,200
Speaker 3: and they want help, right and they've been saying, I've

730
00:34:09,200 --> 00:34:11,560
Speaker 3: been wanting this for years, and I've listen to your

731
00:34:11,560 --> 00:34:13,600
Speaker 3: show for a long time, and you know, it hit

732
00:34:13,640 --> 00:34:15,680
Speaker 3: me a lot of times, and I want to do this.

733
00:34:15,840 --> 00:34:17,600
Speaker 3: And I asked them why haven't they done it? And

734
00:34:17,600 --> 00:34:20,000
Speaker 3: they said, well, time, you know, I just haven't gotten

735
00:34:20,040 --> 00:34:21,759
Speaker 3: to it, or you know, I've been looking in but

736
00:34:21,800 --> 00:34:24,600
Speaker 3: I haven't found h This is a lot of different reasons,

737
00:34:24,640 --> 00:34:27,040
Speaker 3: but now is a time. The time is now. You

738
00:34:27,040 --> 00:34:28,640
Speaker 3: can't start over, but you can start right now.

739
00:34:28,680 --> 00:34:30,520
Speaker 2: And that's why we call it the Maggie Plan. It's

740
00:34:30,520 --> 00:34:33,719
Speaker 2: simple and easy to understand, and it's even easy if

741
00:34:33,719 --> 00:34:36,239
Speaker 2: we put the puzzle together for you. So eight three

742
00:34:36,320 --> 00:34:39,040
Speaker 2: three Maggie tax. This is on you, folks, It's on you.

743
00:34:39,440 --> 00:34:41,040
Speaker 2: All you got to do is pick up the phone, call,

744
00:34:41,360 --> 00:34:43,279
Speaker 2: spend some time, make an hour an appointment with us.

745
00:34:43,320 --> 00:34:45,480
Speaker 2: Let's go over the problems that you have. And like

746
00:34:45,520 --> 00:34:48,200
Speaker 2: I said before, what keeps you up at night? Is

747
00:34:48,200 --> 00:34:50,880
Speaker 2: it a state planning? Is it you had? Do you

748
00:34:50,920 --> 00:34:52,800
Speaker 2: have it in order? Do you have a will or trust?

749
00:34:53,239 --> 00:34:56,640
Speaker 2: Is it correct? Do you have a beneficiaryform? Is it correct?

750
00:34:56,680 --> 00:34:59,440
Speaker 2: Is it updated? We talk about the risk of you know,

751
00:34:59,600 --> 00:35:02,520
Speaker 2: maybe sometimes I think people get the wrong advice, Chris,

752
00:35:02,560 --> 00:35:04,400
Speaker 2: and I understand that, you know, they go to one

753
00:35:04,440 --> 00:35:06,760
Speaker 2: advisor and they get another one. But you know, many

754
00:35:06,800 --> 00:35:11,840
Speaker 2: people work with separate professionals, maybe a CPA, a financial advisor,

755
00:35:11,880 --> 00:35:14,920
Speaker 2: and then a state planning attorney, and if they're not communicating,

756
00:35:14,920 --> 00:35:18,480
Speaker 2: which I mentioned before, critical details get missed. And Chris,

757
00:35:18,480 --> 00:35:21,200
Speaker 2: we've talked about this where we have a tax client

758
00:35:22,000 --> 00:35:25,040
Speaker 2: done the tax return and it was done incorrectly, and

759
00:35:25,080 --> 00:35:27,000
Speaker 2: then they go to a CPA and the CPA gives

760
00:35:27,000 --> 00:35:30,240
Speaker 2: some different advice. Wow, how I mean? It's confusing?

761
00:35:30,280 --> 00:35:32,640
Speaker 3: So you're talking about like fragmented advice, all right? Is

762
00:35:32,680 --> 00:35:34,799
Speaker 3: that we're talking about the risk of that. And many

763
00:35:34,800 --> 00:35:37,719
Speaker 3: people work with separate professionals. As you just mentioned, they're

764
00:35:37,719 --> 00:35:41,520
Speaker 3: not communicating together. For you, critical details get missed, leading

765
00:35:41,600 --> 00:35:47,200
Speaker 3: into tax inefficiencies, probate surprises, even lost opportunities, poor tax decisions,

766
00:35:47,600 --> 00:35:51,600
Speaker 3: outdated beneficiary designation. So what is a complete advisor? What

767
00:35:51,640 --> 00:35:52,160
Speaker 3: do they do?

768
00:35:52,640 --> 00:35:56,280
Speaker 2: They do complete planning. They do everything from tax planning,

769
00:35:56,360 --> 00:35:59,240
Speaker 2: from income planning, from an investment planning, from a state

770
00:35:59,280 --> 00:36:02,080
Speaker 2: planning to wills and trust. Even took kids for the

771
00:36:02,200 --> 00:36:03,680
Speaker 2: for college.

772
00:36:03,719 --> 00:36:06,440
Speaker 3: That's right. They build strategies that work together. That's not

773
00:36:06,520 --> 00:36:09,360
Speaker 3: in isolation exactly. And if you don't have a strategy,

774
00:36:09,440 --> 00:36:11,000
Speaker 3: you're not going to win. Here's another thing.

775
00:36:11,000 --> 00:36:12,680
Speaker 2: If you don't have a plan, or if you're going

776
00:36:12,760 --> 00:36:14,759
Speaker 2: to be traveling and you don't have a roadmap, where

777
00:36:14,760 --> 00:36:15,279
Speaker 2: are you going to go?

778
00:36:15,560 --> 00:36:17,719
Speaker 3: It doesn't make sense exactly. And it leads us to

779
00:36:17,800 --> 00:36:19,600
Speaker 3: an example that I'm talking about here. We had a

780
00:36:19,600 --> 00:36:21,839
Speaker 3: client that had a great investment plan when they first

781
00:36:21,840 --> 00:36:24,920
Speaker 3: met with us, but guess what, there was no estate strategy.

782
00:36:25,200 --> 00:36:27,600
Speaker 3: Their assets were tied up in probate for over a year,

783
00:36:27,920 --> 00:36:29,560
Speaker 3: and we went through this with the client and we said,

784
00:36:29,600 --> 00:36:30,960
Speaker 3: oh my gosh, I wish we would have got to

785
00:36:30,960 --> 00:36:33,400
Speaker 3: you sooner to help you avoid all this. So don't

786
00:36:33,680 --> 00:36:36,840
Speaker 3: settle for fragmented advice. Call us today a three to

787
00:36:36,920 --> 00:36:40,480
Speaker 3: three MAGI attacks meet with a complete advisor who sees

788
00:36:40,719 --> 00:36:41,640
Speaker 3: the whole picture.

789
00:36:42,160 --> 00:36:45,120
Speaker 2: I mean, it's it's simple to talk about, but it's

790
00:36:45,160 --> 00:36:48,600
Speaker 2: a confusing issue for everybody. And if you've ever felt

791
00:36:48,640 --> 00:36:52,600
Speaker 2: like your financial life is scattered across spreadsheets, statements and

792
00:36:52,640 --> 00:36:55,400
Speaker 2: separate advisors, and we have clients come in with statements

793
00:36:55,400 --> 00:36:58,080
Speaker 2: they've never opened over there, So think about this. You

794
00:36:58,160 --> 00:37:01,600
Speaker 2: spent your life working hard, saving wisely, and planning carefully,

795
00:37:02,160 --> 00:37:05,400
Speaker 2: but without someone who sees the full picture your taxes,

796
00:37:05,440 --> 00:37:08,759
Speaker 2: your investments, your income, and your legacy, your plan could

797
00:37:08,760 --> 00:37:12,920
Speaker 2: be missing the most important piece. A complete advisor doesn't

798
00:37:12,960 --> 00:37:15,560
Speaker 2: just help you grow your wealth, they help you protect it,

799
00:37:15,680 --> 00:37:19,600
Speaker 2: preserve it, and pass it on with purpose. You have

800
00:37:19,680 --> 00:37:22,319
Speaker 2: to have a purpose with what you're doing. This isn't

801
00:37:22,320 --> 00:37:25,440
Speaker 2: about having more meetings, it's about having the right one.

802
00:37:25,600 --> 00:37:28,400
Speaker 2: If you've ever felt like your financial life is scattered

803
00:37:28,440 --> 00:37:33,520
Speaker 2: across spreadsheets, statements and separate advisors. It's time to bring

804
00:37:33,560 --> 00:37:36,520
Speaker 2: it all together. Call us today, sit down with a

805
00:37:36,560 --> 00:37:40,280
Speaker 2: team that understands every layer of your financial future. Because

806
00:37:40,320 --> 00:37:43,520
Speaker 2: peace of mind doesn't come from hoping it all works out.

807
00:37:43,560 --> 00:37:46,200
Speaker 2: That is not a plan. It comes from knowing it will.

808
00:37:46,680 --> 00:37:51,000
Speaker 2: That's the Maggie Plan, simple and easy to understand. Tax plan,

809
00:37:51,200 --> 00:37:54,839
Speaker 2: income planning, estate planning, all types of planning. And let's

810
00:37:54,920 --> 00:37:59,759
Speaker 2: complete your plan. And it starts with one powerful conversation

811
00:38:00,239 --> 00:38:01,840
Speaker 2: eight three three Maggie Tax.

812
00:38:02,000 --> 00:38:04,759
Speaker 1: Thank you for listening to Maggie Tax and Financial Show

813
00:38:04,840 --> 00:38:08,600
Speaker 1: with Robert and Chris Maggie of Maggie Tax Wealth Advisors.

814
00:38:08,680 --> 00:38:12,000
Speaker 1: Listen here five to six pm every Saturday and from

815
00:38:12,000 --> 00:38:15,200
Speaker 1: eleven am till noon every Sunday, or anytime on the

816
00:38:15,239 --> 00:38:18,760
Speaker 1: free iHeartRadio app. And remember you can pay less tax

817
00:38:18,920 --> 00:38:22,759
Speaker 1: with Maggie Tax Program. Content provided by Maggie Tax Wealth

818
00:38:22,800 --> 00:38:26,160
Speaker 1: and Advisors. Call them at eight three three Maggie Tax

819
00:38:26,320 --> 00:38:31,360
Speaker 1: or visit them online at Maggietax dot com