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

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