PODCAST · education
2025 The Final Drive Podcast
by David Hays
Hi, I’m David Hays, Founder of Comprehensive Financial Consultants and your host for 2025 The Final Drive podcast based on my book, 2025 The Final Drive: What You Need to Win. You can purchase this book at by visiting our website at www.cfci.us. This podcast will help you avoid the biggest risks that will affect your long-term retirement by planning. Much of this planning needs to be done by the year 2025, before taxes go up for good. I will teach you about the impact of our parents’ tax planning and how to break that cycle and create wealth for your retiree income, the risks associated with retiring during bad markets, and how to effectively plan for your longevity.
Episodes
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Ed Slott's Tips for The Tax Time Bomb
In this episode, David shares insights from his recent trip to the Ed Slott Elite IRA Advisor Conference in California. Ed Slott - considered America's IRA Expert - released his latest book in June. The Retirement Savings Time Bomb Ticks Louder gives readers important information about the Secure...
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The Election's Over – What Comes Next?
On November 7, 2024, American's voted to elect Republican Donald Trump back to the White House for a second, nonconsecutive term - the first President to do so since Grover Cleveland in 1893. In this latest episode, David is joined by Rod Holloway, Equity Portfolio Manager for CFCI, to discuss…
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The Rothification of Retirement Accounts
In 2001, Congress approved the 402A rule to the US tax code, allowing employees to designate a portion or all of their elective deferrals as Roth contributions within employer-sponsored retirement plans like 401(k) and 403(b) plans. This designation means that employees pay income taxes on...
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Control – Now or Later?
With the Presidential election just days away, it's important to look at where the candidates stand on Social Security, the national debt and more. In this episode, David Hays and guest Doug Hughes talk about financial control by Americans and by the US government. With the 2025 tax cuts up in…
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Bond Vigilantes and US Debt
We're back with a new season of 2025: The Final Drive! In this episode, David discusses the idea of "Bond Vigilantes" – when are countries going to stop buying American debt? The US is nearing the point where it will spend more money on debt than defense spending. Listen to David talk about how…
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2025 the Final Drive S1: E53 - What's in Store for 2024?
A silver tsunami is coming this year, as more than four million Baby Boomers turn 65 in 2024. In the episode, David shares about some of the top IRA rulings for 2023, the importance of emergency savings, federal estate taxes, what listeners can expect this year as part of the SECURE Act… and the...
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2025 the Final Drive S1: E52 - Control Your Tax Destiny
With 2023 ending in just a few weeks, David has a few things to consider regarding taxes. Mutual fund gain distributions, tax penalties, lost harvesting, wash sale rules and phantom gains are all touched on in the podcast. Take the time to listen and take necessary action before the end of 2023!...
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2025 the Final Drive S1: E51 - Conversion Consideration
With the end of 2023 just weeks away, many people are looking to pay the taxes on a Roth IRA conversion… but what is the best way to do so? This week David will offer some different ideas, including paying out-of-pocket or taking a 401k loan. Listen in to hear some options on minimizing the pain…
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2025 the Final Drive S1: E50 - To Depreciate or Not Depreciate – that is the question!
Depreciation may sound like a bad thing to some people, but it can be a benefit when it comes to finances. On this episode, David Hays welcomes Martin James, CPA, back to discuss various aspects of depreciation on property, the differences in active versus passive real estate investing, land…
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2025 the Final Drive S1: E49 – Debt Elimination Before Retirement
Description – Debt is a part of life for many people, and it's always important to manage your debt appropriately. On this episode, David and Marty James, CPA, discuss the benefits of having cash available versus using credit, as well as the importance of having a steady income stream in...
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2025 the Final Drive S1: E48 – Clean Vehicle Credits
Marty James, CPA, is back on the podcast to share about potential incentives Americans can take when purchasing a "clean vehicle," aka an electric car or truck. Did you know that if you are making a purchase of a clean vehicle, your MAGI – Modified Adjusted Gross Income – could impact the…
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2025 the Final Drive S1: E47 – Health Insurance Before Medicare
For Americans planning to retire before becoming eligible for Medicare, there can be challenges in finding affordable health care. In this episode, David welcomes Martin "Marty" James, CPA, to the podcast to discuss potential ways to minimize the impact of higher-cost insurance....
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2025 The Final Drive S1:E46 - Is the IRS spying on your retirement accounts or just licking their lips? I bet you, it could be both!
Join David as he discusses how the IRS is affecting your retirement accounts. They are hungry and guess who is going to feed them....your money. David explains why moving your IRA into a Roth account will prevent your children from being taxed considerably when they inherit your IRA; thus...
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2025 The Final Drive S1:E45 - Tax Movement in 2023
There are 3 years left until the end of the 2017 tax cuts. Let's focus on what we can do this year of 2023. As the advisor, I have an action plan for you regarding your retirement and estate planning opportunities. Timing is everything. How can you take advantage of up to a $5,000 catch up?...
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2025 The Final Drive S1:E44 - Tax Free Bonds - Free?
David is back in the studio! After taking a step back he is ready to discuss again, the importance of planning for 2025. We begin this episode with Tax Free Bonds. Are tax free bonds really tax free? Who should even consider tax free bonds, and how do coupons work when purchasing a bond? Find...
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2025 The Final Drive S1:E43 - Social Security - Surviving Taxes
What's the answer to the looming Social Security trust fund being exhausted? In Short, more taxes! Join David to discuss how to avoid being part of the solution and what are they likely to do, or could do, to fix Social Security. https://www.cfci.us/2025-the-final-drive
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2025 The Final Drive S1:E42 - Secure Act 2.0 - Qualified Longevity Annuities
This episode David discusses more about the Secure Act 2.0. Specifically, he will be talking about Qualified Longevity Annuities and what changes in the Secure Act make this, rarely used tool, more attractive. What is a Qualified Longevity Annuity (QLAC), and why would now be a good time to...
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2025 The Final Drive S1:E41 - Front Load Your 401K Contributions
If you are still working and want a clever way to pay the tax on your Roth conversions in a less painful way, join me today in our new episode. With S&P down around 18%, is this the best time for that Roth conversion for 2023 now, or should you wait? All the things you should be doing now, to…
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2025 The Final Drive S1:E40 - 2.0 Secure Act: New Retirement Account Rules
Congress just passed the new 2.0 Secure Act! What does this mean for 2025? How will this affect our retirement account rules? Have you considered the change this could bring to your children's 529 Plan? Why are required minimum distributions starting at 75 when we need the money now? Is this...
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2025 The Final Drive S1:E39 - Life Insurance - A Better Investment
Is Life Insurance a better Investment than an IRA? What a great topic starting off the New Year! While life insurance is a protected class in the Internal Code, it is also tax free. How does this happen? The advantages of a life insurance policy include a death benefit for your children - leaving…
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2025 The Final Drive S1:E38 - Selling A Business & Real Estate
Let's look at Installment Sales: How do you structure them? What makes sense? What's good for the buyer might not be good for the seller. This episode discusses 2 things: Selling A Business and Selling Real Estate. We want to minimize that awful tax bite. Did you know what's taxable to the seller...
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2025 The Final Drive S1:E37 - Estate Planning and You
Are you wondering what to do with your Estate Planning before 2025? What are the benefits of an Estate? Life Insurance? IRAs? Business? The simple answer: Everything! In this episode I get into the ins and outs of your Estate Planning and how to navigate the upcoming changes....
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2025 The Final Drive S1:E36 - End of Year RMDs, QCDs, & Holiday Gift Giving Ideas
Act Now! The ability to take your Required Minimum Distributions (RMDs) and Qualified Charitable Distributions (QCDs) end on Dec 31st! In this episode I lay out 5 easy steps on how to calculate your RMD total and how to navigate your QCDs. Remember QCDs can be made from an inactive SEP, Simple…
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2025 The Final Drive S1:E35 Net Unrealized Appreciation (NUA) and You
What is a Net Unrealized Appreciation (NUA)? How does this affect your portfolio? Just this week, I had a guy come into the office with an NUA from his previous employer. Listen in to learn what we did with it. We discuss calculating NUA in 5 easy steps and when you should consider even using an...
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2025 The Final Drive S1:E34 - 5 Steps in Determining Your Roth IRA Distributions
As we stated in last week's episode - taxes are going up. I am already getting mutual Fund estimates and get this - one of them is facing a downward spiral of 29.1%! How can we get ahead of these small caps changing? Don't let a good loss go to waste. It gets better though, if you are over 50…
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2025 The Final Drive - E33 - Wash Sell & Phantom Gains
Here we are in Quarter 4 of the year and guess what...? Everything is down, Stocks are down Bonds are Down, nearly everything is down. How does this play into the wash sale rule? If you're looking to sell a security at a loss and buy the same, how will this affect your portfolio? Working with…
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2025 The Final Drive - E32 - Investment Properties and the Tax Deferred Exchange
You own an investment property and want to sell it; but you also don't want to pay all that tax. In this week's episode David discusses the benefits of doing a 1031 Tax Deferred Exchange for investment properties. Plus, learn how to have your cake and eat it too, by pulling out some money tax…
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2025 The Final Drive - E31 - Gifting Investment Property to Family
You are ready to gift one of your investment properties to a family member, but unsure how to go about it. Your son has been living in a home of yours, and paying you rent, but you want to gift him the property. What steps do you begin to take? Do we need to sign a new deed? Will this affect mine...
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2025 The Final Drive - E30 - Student Debt Forgiveness
Student Debt. This is a hot topic and we just added fuel to the fire. Biden has set out to eliminate $10-20k worth of student debt. While this helps many people now, mathematically this could potentially hurt us long term. With thousands of students going further into debt every year, this...
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2025 The Final Drive - E29 - Special Edition - Inflation Reduction Act of 2022
Special Edition on the "inflation reduction act of 2022" or should we call it the "we hope it doesn't cause more debt act"? More spending with the hopes of increasing revenue with a minimum corporate tax and increasing IRS audits – we'll see if it works, but it rarely does. It just reinforces we...
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2025 The Final Drive - E28 - Recap Discussion with Martin James Part 3/3
Getting more personal with Martin James in our last installment of part 3 of 3. Join David and Martin in their discussion of QCDs: How can you help your own CPA when filing? Later they get into how to manage a step-up cost basis. How can you manage a step-up cost basis with married couples? This...
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2025 The Final Drive - E27 - Recap Discussion with Martin James Part 2/3
Join David and his Guest Martin James as they embark on a 3-part series, this is part 2 or 3. Martin, a recovering CPA, has also projected tax changes coming at the end of 2025 due to our Marginal Tax System. How will this affect our current bracket rates? Have you ever thought to yourself: What…
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2025 The Final Drive - E26 - Recap Discussion with Martin James Part 1/3
Bloomington roots grow deep when these 2 individuals get to talking. Join David and his Guest Martin James as they embark on a 3-part series, this is part 1 of 3. Martin James is a recovering CPA now turned Fly Fishing Instructor. Martin is a Charter Member in the Ed Slott's Elite Group with…
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2025 The Final Drive - E25 - Reduce Your Medicare Premiums
Prescribing a Roth to reduce Pre-Medicare Premiums – or maybe eliminate the cost all together. Listen to David as he discusses a real-life scenario where a client saved money doing this exact thing! https://www.cfci.us/2025-the-final-drive
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2025 The Final Drive - E1:24 - You're too old to Convert? Think Again!
Am I too OLD to do a ROTH Conversion? Think again. Join David as he describes why you're NEVER too old for conversions. https://www.cfci.us/2025-the-final-drive
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2025 The Final Drive - E1:22 - Avoid Tax Penalty and Rolling Company Stock in 401K
Little known ways to get money out of your retirement plan, before age 59 ½, without a tax penalty. Do you have company stock in your 401K? Don't miss out on one of the littlest known opportunities to potentially pay no tax on that Stock. https://www.cfci.us/2025-the-final-drive
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2025 The Final Drive - E1:21 - Unintended Consequences of Retirement Growth
So you think you'll be in a lower tax bracket when you retire? The narrative of getting a deduction when you put money into your retirement account, grow tax deferred, and pay the tax when it comes out, has been flipped! https://www.cfci.us/2025-the-final-drive
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2025 The Final Drive - E1:20- Inflation in Washington
Out of control debt and spending how does inflation help or hurt our debt problem? What's the appetite of Washington to do anything about it? Not much for now – but nothing happens in America until there is a crisis. More reasons to take a proactive approach to move your retirement out of the…
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2025 The Final Drive - E19: RMDs Paying Off US Deficits
Why are they proposing our Required Distribution age on our IRA's and 401K's be 75 as part of The Secure Act 2? David explains how budgets are made, by occasionally pulling forward expenses and pushing out revenue to cover the cost. How demographics, projected retirement plan balances, line up...
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2025 The Final Drive - E18: Marital Gifting and Capital Gains
Listen to David explain how to get a full step up of cost basis on a Marital asset and avoid paying capital gains? Learn about the Marital Gifting Strategy that almost no one knows about! Hear how to take advantage of your life time, gift exclusion amount, without the fear of an IRS claw back....
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2025 The Final Drive - E17: Holding Investments in Which Types of Accounts
What types of investments should you hold in which type of accounts? Taxable, Tax Free & Tax Deferred Why Auto Enrollment is good for America, but what are they missing big time? https://www.cfci.us/2025-the-final-drive
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2025 The Final Drive - E16: Bonds: What is Tax-Free?
Are tax free bonds truly tax free? Not always. Who should consider tax free bonds and who shouldn't? What are the alternatives? When you're looking at regular Bonds vs I-Bonds there is a difference. Join me in this episode as we learn how to calculate your tax equivalent yield....
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2025 The Final Drive - E15: Your Roth IRA Money
When should you use your ROTH IRA money? While your living or when you're dead? Maybe the answer is – whenever you want! https://www.cfci.us/2025-the-final-drive
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2025 The Final Drive - E14 - Required Minimum Distributions
Did you know that the IRS will tell you exactly when you have to take money out of your retirement accounts, how much and how much is theirs? Take control, the time to act is now to keep the IRS from telling you what to do! Are you single? Taking care of an aging Parent? Find out if you qualify…
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2025 The Final Drive - E13 - Capital Gains
Capital Gain Taxes are different! Short term vs. Long Term How to maintain the stepped up cost basis if you want to transfer title to your kids before your passing. https://www.cfci.us/2025-the-final-drive
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2025 The Final Drive - E12 - Life Insurance & Tax Codes
What is the most sacred Tax Code the IRS has? You might be surprised! How can you take advantage of this misunderstood tax free product and maximize your tax free life? https://www.cfci.us/2025-the-final-drive
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2025 The Final Drive - E11 - Managing Your NUAs
If you own your company stock in your 401K plan, how you handle that stock could save you a ton in income taxes. Learn about this little known opportunity to save thousands https://www.cfci.us/2025-the-final-drive
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2025 The Final Drive - E10 - Maximizing Your IRAs and Roths
Maxing out your plans for tax free money in retirement? Lots of ideas on how to avoid this in the episode! Check out a few David covers: • Having your Roth 401k's and IRA's work together to max out your tax free savings • Catching up now that you have the money (in our 50's) • Non-Profit…
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2025 The Final Drive - E9 - Roth Conversions – Tax Difficulties
What do you do if you want to a Roth conversion, but don't have the money to pay the tax? David will discuss a great method to get the job done! https://www.cfci.us/2025-the-final-drive
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2025 The Final Drive - E8 - Health Savings Account
Where can you get a tax deduction, let it grow tax deferred and take it all out tax free? It's the triple threat of retirement – the Health Savings Account https://www.cfci.us/2025-the-final-drive
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ABOUT THIS SHOW
Hi, I’m David Hays, Founder of Comprehensive Financial Consultants and your host for 2025 The Final Drive podcast based on my book, 2025 The Final Drive: What You Need to Win. You can purchase this book at by visiting our website at www.cfci.us. This podcast will help you avoid the biggest risks that will affect your long-term retirement by planning. Much of this planning needs to be done by the year 2025, before taxes go up for good. I will teach you about the impact of our parents’ tax planning and how to break that cycle and create wealth for your retiree income, the risks associated with retiring during bad markets, and how to effectively plan for your longevity.
HOSTED BY
David Hays
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Frequently Asked Questions
How many episodes does 2025 The Final Drive Podcast have?
2025 The Final Drive Podcast currently has 52 episodes available on PodParley. New episodes are automatically indexed when they're published to the podcast feed.
What is 2025 The Final Drive Podcast about?
Hi, I’m David Hays, Founder of Comprehensive Financial Consultants and your host for 2025 The Final Drive podcast based on my book, 2025 The Final Drive: What You Need to Win. You can purchase this book at by visiting our website at www.cfci.us. This podcast will help you avoid the biggest risks...
How often does 2025 The Final Drive Podcast release new episodes?
2025 The Final Drive Podcast has 52 episodes. Check the episode list to see recent publication dates and frequency.
Where can I listen to 2025 The Final Drive Podcast?
You can listen to 2025 The Final Drive Podcast on PodParley by clicking any episode. We provide an embedded audio player for direct listening, and you can also subscribe via your preferred podcast app using the RSS feed.
Who hosts 2025 The Final Drive Podcast?
2025 The Final Drive Podcast is created and hosted by David Hays.
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