Highlights for Saturday March 1 2014 Your Safe Money Show

Have you ever been asked to be an executor of someone's estate?
On this Saturday's Your Safe Money Show, I'll talk about the responsibilities that come with being an executor and the hidden expenses involved.
The world news this past week has been on my mind so I'll go into detail on some of those stories and how they affect you.

Patrick Kelly's book Stress Free Retirement Get a Copy FREE!

On my radio show I am able to offer Stress Free Retirement from national best selling author Patrick Kelly as a tool to explain Safe Money Strategies.If you want your free copy go to the contact us page here at the website and ask for yours. I'll have Patrick answer a question about Stress Free Retirement on this Saturday's Your Safe Money Show.I am also going to go into the up's and down's of being an executor of someone's estate.Make plans now to tune in this Saturday morning to your radio or listen to the show podcast here at the website, it should be available before noon on Monday.

Tax Refunds ; Are We Addicted?

Most Americans are addicted to tax refunds. More than 75% of U.S. taxpayers give Uncle Sam an interest-free loan year after year. Others end up owing money. You can fix this by asking your employer for a new W-4, the form that controls how much tax is withheld  from your paycheck. The more allowances you claim on the W-4, the less tax will be withheld; the fewer you claim, the more tax will be withheld. You can also ask your employer to withhold a flat amount from your paycheck. For some, higher withholding can help avoid the hassle of paying quarterly estimated taxes on additional income.  (Kiplinger's Personal Finance)

Highlight's for Saturday February 22 Your Safe Money Show

How many of you struggle to get a good night's sleep? On Saturday's Your Safe Money Show I talk about how important sleep is and what problem's can develop when you don't get enough sleep.I also talk about factor's you CAN control and those you can't as you head into retirement.

Definition of the Day February 18

Estate Planning: Refers to the preparations made for the administration and disposition of an individual's property either before or after his or her death. Plans may include the creation of wills, trusts, and gifts.

Highlights for Saturday February 15 Your Safe Money Show

I have so much to cover on this week's Your Safe Money Show on Saturday. There's a new phone scam I want to warn you about, Leslie Stahl on 60 minutes last week did a story on drug dosages for women might need to be different than men and I'll tell you what Medicare doesn't cover.

Definition of the Day February 12

Individual Retirement Account (IRA): A retirement program that permits individuals who have earned income to save part of that income in a tax-deferred savings plan. IRAs can be created and funded any time between the first day of the current year up to and including the date on which individual income tax returns are due, usually April 15 of the following year.

Definition of the Day February 11

Discretionary Income: The amount of money from income that remains after an individual pays essential bills, such as food, housing, and taxes.

Information for last Saturdays Show

Please take a look at articles I used for last Saturday's Your Safe Money Show talking about MyRA's. You can find materials on the home page towards the bottom of the page.

Highlights for February 8 Your Safe Money Show

The President in his State of the Union address talked about "MyRA" , it's a new retirement savings vehicle. On Saturday's Your Safe Money Show I'll go into detail's of the proposal and see if you think it's right for you or not. I also have Patrick Kelly talking about who his book Stress Free Retirement benefits most and I'll give away a few copies. 

Check us out on Facebook!

If you're already on Facebook please take a moment and look us up at "Your Safe Money", then like us or friend us. This is just one more way to stay in touch with you. I like to post current news headlines during the week and keep you up to date with what's going on at Sjoberg Holmstrom Financial Services and Your Safe Money Show.

Definition of the Day February 5

Joint Owner: An individual who co-owns an annuity contract with another person. Both have the right to make and approve decisions relating to the contract.

Looking Ahead to this Week's Your Safe Money Show

Robin and I have been looking at what we'll talk about on this Saturday's show (2-8-14).
The President talked about MyRA in his State of the Union speech last week. It's a structured way to buy savings bonds and it's geared to low-wage earners. I'll have more details Saturday. I also have a sound bite from Patrick Kelly about who his book Stress Free Retirement is aimed at, and I expand a little on last weeks show on how to help yourself get out of debt.Make plans to tune in Saturday or wait until Robin has it on the podcast page on Monday. Stations and times are listed on the home page.

Definition of the Day February 2014

Risk-Return Trade-Off: A way of comparing the risks and returns of a potential investment by considering the age of the investor and the time frame for the investment, with higher risks generating greater returns.