The Jon Sanchez Show

“Here's a question for every parent listening today:Do your children know what's in your estate plan?Not whether you have a trust.Do they know who you've put in charge?Do they know what happens when you're gone?Do they know where your documents are?Do they know who to call?And here's the uncomfortable one:Do they know what they're going to inherit?Some of you are probably thinking, ‘Absolutely. My kids know everything.’Others are thinking:‘None of their darn business. It's my money.’And you know what?There are reasonable arguments on both sides.”That's today's show.How much should your children know about your estate plan before you're gone?

“Jon, I've got one rental property. It's doing well. I'd like to buy another one—but where do I get the money?”I get some version of that question all the time.And I think people sometimes assume that investors who own 10 or 20 properties started with millions of dollars.Many didn't.They started with one.One property generated rent.The tenant helped pay down debt.The property potentially appreciated.The investor accumulated additional savings.And eventually that first property helped create an opportunity for the second.Then the second helped create the third.That's what Cory and I are going to unpack today: how do you go from owning a rental property to actually building a real estate portfolio?”

Does your retirement plan have a Plan B?Most retirement plans are built around assumptions.You're going to retire at 65. The market is going to provide a reasonable return. Social Security will start at a certain age. You're going to spend a certain amount every month. Your health will remain relatively good. Your spouse will be there alongside you.And hopefully, that's exactly what happens.But after doing this for as long as I have, I can tell you something: life rarely follows the spreadsheet perfectly.Markets fall. Inflation happens. People get sick. Spouses die. Kids run into trouble. Houses need repairs. People retire earlier than expected—and sometimes they end up living a lot longer than they ever imagined.None of that necessarily destroys a good retirement plan.What can create a problem is having a retirement plan that's so rigid that it only works if everything goes exactly as expected.So today I want to talk about building flexibility into retirement.Not because we're expecting something bad to happen.But because if you've spent 30 or 40 years building your retirement, your financial future shouldn't depend upon everything going

Imagine you've been married for 30 years.You've raised the kids. Built careers. Paid the mortgage. Saved in your 401(k)s.And for decades you've both said the same thing:‘Someday we'll retire.’Great.But here's my question:Have you ever actually asked each other what retirement means?”“Maybe his retirement is a 40-foot motorhome and six months traveling around the country.Her retirement is grandchildren, gardening and never sleeping anywhere that doesn't have room service.He thinks they're moving to Florida.She's already told the kids they'll have to carry her out of the current house.She wants three international trips a year.He's excited that he'll finally have enough time to reorganize the garage.Financially, they're completely prepared for retirement.There's just one problem:They've prepared for two completely different retirements.”

I want to conduct an experiment today.Let's take one house.The homeowner thinks it's worth $850,000.An online estimate says $810,000.Aaron looks at the comps and says $790,000.Dwight says he'd list it at $799,000.Then we get an appraisal and it comes back at $775,000.So I have one house—and five different opinions of value.Who's right?That's what we're going to figure out today.”Then introduce the guys and hit Aaron immediately:“Aaron, I call you this morning and say, ‘I want to sell my house. What's it worth?’ Walk me through exactly what you do.”

Imagine Mom passes away.The kids are grieving, but Mom always told them, ‘Don't worry. I have a trust. Everything is taken care of.’So they open the trust documents.And that's when the surprises begin.The successor trustee Mom named 20 years ago is no longer in her life.The house she bought eight years ago was never transferred into the trust.One account has a beneficiary designation nobody expected.And the trust distributes the inheritance completely differently from what the kids remember Mom telling them.There's just one problem.Mom isn't here anymore to explain it—or fix it.”Then set up today's premise:The worst time to discover a problem in an estate plan is after the person who created it is gone.Today we're counting down seven surprises families discover when an estate plan hasn't kept up with real life.

“When most people see a house listed for $600,000, they immediately think the negotiation is pretty simple:Do I offer $600,000?$590,000?Maybe $575,000?But the purchase price is only one part of the negotiation.Depending on the property, seller and market conditions, there may be a whole list of other things on the table.Closing costs. Repairs. Mortgage-rate buydowns. Appliances. Inspection items. Closing dates. Contingencies.And sometimes a buyer may actually be better off paying a little more for the house and negotiating something else.”Then:“So today I'm putting Cory and Dwight to work. I want to know what's REALLY negotiable in a real-estate transaction.”

“I came across a statistic that really caught my attention. In a Bankrate survey, 56% of American workers said they felt behind on their retirement savings.Think about that.More than half.And I guarantee there are people listening to me right now thinking, ‘Jon, I'm one of them.’Maybe you're 55.Maybe you're 60.Maybe you're 65 and retirement isn't some distant concept anymore.And you're looking at your 401(k), your IRA, your Social Security statement and thinking:I haven't saved enough. Now what?That's exactly what we're going to talk about today.”Then I'd immediately reassure them without sugarcoating it:DON'T START WITH PANIC. START WITH MATH.Because here's the first thing we need to determine:Are you actually behind?Or do you just feel behind?

“I meet people all the time who tell me, ‘Jon, I'm retiring in five years.’And my next question is usually: ‘Great. What are you doing differently today because you're retiring in five years?’That's when I often get the blank stare.Because knowing when you want to retire and actually being prepared to retire are two completely different things.”Then set up today's show:We're going to work backward.You're retiring exactly five years from today.What should you be doing now?

Most real estate investors can tell you what they paid for their rental. They can tell you what it's worth today. They can tell you the monthly rent. But ask them what their return on their current equity is—and many have absolutely no idea.”A rental could have been a fantastic investment when you bought it and be a mediocre investment today.

Estate planning isn't only about what happens when you die.For many families, the more immediate risk is:What happens if you're still alive—but you can't manage your own affairs?A stroke. An accident. Dementia. A serious illness. Even temporary incapacity.Today we're going to walk listeners through who steps in, what authority they have, and which estate planning documents actually give them that authority.

The conversation covers a range of topics, from market anxieties, stock market recap, real estate market challenges, family business announcements, and the impact of stubborn interest rates. It also delves into the ripple effects of UWM's situation and the potential impact on the mortgage industry. The conversation delves into the financial market volatility, real estate market analysis, and market dynamics and pricing strategy. The discussion highlights the impact of market dynamics on investment decisions and the importance of analyzing real estate market data for informed decision-making.TakeawaysAnxiously awaiting inflationary dataChallenges of information overload Market dynamics influence investment decisionsReal estate pricing strategy is based on specific neighborhood analysisChapters00:00 Introduction and Technical Difficulties00:45 Anxiously Awaiting Inflationary Data01:13 Stock Market Recap and Market Fate02:04 Northern Nevada Real Estate Report02:13 Surviving in the Real Estate Market02:43 Challenges of Information Overload03:36 Big Announcement and Family Business07:45 Transition to Stock Market Side of Things08:39 Interest Rates and Mortgage Rates13:26 Impact of Stubborn Interest Rates17:25 Ripple Effects of UWM's Situation20:30 Financial Market Volatility29:42 Real Estate Market Analysis42:40 Market Dynamics and Pricing Strategy

One of the things I always tell people about retirement planning is that not every financial decision carries the same weight.If you're 45 and you make a bad investment decision, you probably have time to recover.If you're spending a little too much, you can cut back.If your portfolio isn't allocated properly, you can change it.But retirement introduces a different category of decisions.Decisions that may be difficult—or sometimes impossible—to reverse.And some of these decisions can affect your income for the next 20 or 30 years.So today, I want to walk through some of the biggest retirement decisions you may only get one shot at getting right.

Let me ask you a question.You've worked for 30, 40, maybe 45 years.Every couple of weeks, a paycheck shows up.You know approximately how much you're going to receive. You know when it's coming. And you've built your entire financial life around that paycheck.Then one day you retire.And the paycheck stops.Now what?You've got Social Security. Maybe you've got a pension. You've got a 401(k), an IRA, brokerage accounts, savings, maybe an annuity.But having assets and having income are two very different things.So today I want to show you how to take everything you've accumulated during your working years and turn it into something I call your retirement paycheck.And more importantly, we're going to talk about how to make that paycheck last for potentially 20, 25 or 30 years.

When most people hear the word "foreclosure"...They immediately think...Someone stopped making their mortgage payments.But what if I told you...You could be current on your mortgage...And still lose your home?A recent report highlighted a growing trend of homeowners associations becoming much more aggressive in collecting unpaid dues. HOA-related foreclosure filings reached 6,376 properties in the first quarter of this year, nearly 40% higher than two years ago, as associations face rising insurance, maintenance, and operating costs.Today, Dwight Millard of On Q Home Loans, Aaron Clark of Edge Realty and I are going to discuss what every homeowner should know.

One of the most common things I hear is..."Jon...I'm not wealthy enough to need a trust."My response is always the same...Estate planning isn't about protecting wealth.It's about protecting people.Your spouse.Your children.Your grandchildren.Your home.Your wishes.Today, we're going to discuss why estate planning is one of the most important things a family can do—regardless of the size of their bank account.

When most people hear the word "foreclosure"...They immediately think...Someone stopped making their mortgage payments.But what if I told you...You could be current on your mortgage...And still lose your home?A recent report highlighted a growing trend of homeowners associations becoming much more aggressive in collecting unpaid dues. HOA-related foreclosure filings reached 6,376 properties in the first quarter of this year, nearly 40% higher than two years ago, as associations face rising insurance, maintenance, and operating costs.Today, Aaron Clark and I are going to discuss what every homeowner should know.

Most people think retirement planning ends the day they retire.In reality...Retirement planning is just beginning.You spend thirty or forty years accumulating money.Now you have to make that money last another thirty years.The decisions you make during those first few years can affect the rest of your retirement.Today we're going to discuss what actually happens during those first five years.

Dow Jones Industrial has its worst day of 2026. What caused it and should you be concerned?

Buying a home is exciting.You start looking at pictures online...You visit open houses...You imagine where the furniture will go...But before you fall in love with a house...There are some very important financial questions you should ask yourself.Today, Cory Edge of Edge Realty, Dwight Millard of On Q Home Loands and I are going to walk you through those questions—because buying the right home starts long before you sign the contract.

When I ask someone..."What does your IRA own?"The answer is almost always..."Mutual funds.""Stocks.""Maybe a few ETFs."And there's absolutely nothing wrong with that.But today...I want to expand your thinking.Because for the right investor...A properly structured Self-Directed IRA may allow investments that many people never knew were possible.Now...Just because you CAN...Doesn't mean you SHOULD.Every investment carries risk.But today isn't about telling you what to buy.It's about helping you understand what's possible.

We're surrounded by financial advice.Some of it is excellent.Some of it...well...not so much.Unfortunately, believing the wrong financial advice can cost you thousands—or even hundreds of thousands—of dollars over your lifetime.Today we're going to separate financial fact from financial fiction by discussing ten myths I hear all the time.

Buying a home is exciting.But excitement can sometimes cause us to overlook important financial decisions.Today, we're slowing the process down and asking ten simple—but incredibly important—questions every homebuyer should answer before signing on the dotted line.Whether you're buying your first home, your forever home, or your retirement home, these questions could save you thousands of dollars—and a lot of stress.

One of the biggest misconceptions in estate planning is this..."I have a trust...so I'm done."The truth is...Creating your trust is just the beginning.Over the years...Families change.Assets change.Laws change.Life changes.Today we're going to discuss the ten most common mistakes I see when reviewing existing trusts—and why having a trust doesn't necessarily mean your estate plan is up to date.

Most of us schedule annual physicals.We take our cars in for service.We review our investment portfolios.But what about our homes?For most families...Their home is their single largest asset.Yet many homeowners haven't reviewed it in years.Today we're going to conduct a Mid-Year Homeowner's Financial Checkup to make sure your largest investment is still working for you—not against you.

For most people...Retirement isn't simply a financial decision.It's one of life's biggest emotional decisions.For decades...You've had a routine.A purpose.Co-workers.A paycheck.An identity.Then one day...It all changes.Today I want to ask a different question.Not..."Can you afford to retire?"But..."Are you truly ready to retire?"Because retirement isn't just about having enough money.It's about having something meaningful to retire to.

Every one of us has looked back at some point and thought..."I wish I would have..."I wish I had started investing sooner.I wish I had bought that rental property.I wish I had paid off that debt.I wish I had created a trust.The good news?Today is the day your future self is looking back on.The financial decisions you make this year may determine how you live ten years from now.Let's build today's Playbook.

For many parents...One of life's greatest joys is watching their children buy their first home.But today's housing market is very different from the one many of us experienced.Higher home prices.Higher down payments.Higher closing costs.It's causing many parents to ask an important question...Should we help our children buy their first home?The answer may be yes...But how you help may be just as important as whether you help.Today we're discussing the options every family should consider before writing that first check.

When people create a trust...They usually spend most of their time talking about...Their house.Their investments.Their beneficiaries.But today...I want to talk about something I believe is just as important.The person who will carry out your wishes. Your Trustee.Choosing the wrong trustee can create confusion...Family conflict...Delays...And unnecessary stress.Choosing the right trustee may be one of the greatest gifts you can give your family.Today we're going to discuss what qualities every family should consider before making this very important decision.

For most families...Their home represents far more than four walls and a roof.  It's where children were raised. Where birthdays were celebrated. Where holidays were spent. It's often the largest financial asset a family owns. But today I want to ask a question that very few homeowners have ever considered.  What happens to your home if it goes to probate? Who takes care of it? Who pays the mortgage? Can someone sell it? How long does the process take? And perhaps the biggest question of all... Could probate have been avoided?  Today we're going to walk through what actually happens to a home after its owner passes away.

For most Americans...If they stop working...The paycheck stops too.But financially successful people often think differently.They ask one simple question..."How can I make money while I sleep?"That's the idea behind passive income.Now let's be honest...Very little income is completely passive in the beginning.Most passive income requires work.Planning.Investment.Patience.But over time...It can create something incredibly valuable.Freedom.

People often ask me..."Jon, what's the secret to becoming financially successful?"After more than 35 years helping families build, protect, and transfer wealth...I've learned there isn't one secret.There are dozens of small decisions that, over time, produce extraordinary results.Most millionaires don't become wealthy because they made one brilliant investment.They become wealthy because they repeatedly made good financial decisions.Today I'd like to share what I call...The Millionaire Playbook.

For many Americans, a rental property represents years—even decades—of hard work.Maybe you purchased it as your first investment.Maybe you've watched it steadily appreciate over time.Then one day...Your tenant moves out.Or passes away.And suddenly you're asking yourself...Should I sell?Should I keep it?Should I exchange it?Today we're going to walk through exactly how to make that decision.Because selling an investment property isn't simply a real estate decision...It's a financial planning decision.

Life can change in an instant.A distracted driver.A sudden illness.A phone call no family ever wants to receive.None of us likes to think about those possibilities.But avoiding the conversation doesn't eliminate the risk.Today, I don't want to talk about legal documents.I want to ask you a series of simple questions.Two words...What if?Because sometimes the most important financial and legal planning begins with asking the right questions.

For generations, real estate has been one of the most powerful tools for building wealth.Rental properties can generate monthly income, provide tax advantages, build equity, and potentially appreciate over time.But not every property makes a good investment.The difference between a successful rental and a financial headache often comes down to what you know before you buy.Today we're discussing the top nine things every investor should look for before purchasing their first rental property.

The conversation covers a range of topics including the hosts' attire, the upcoming holiday, the real estate market, stock market performance, mortgage rates, and the impact of high-end sales on the housing market. The hosts discuss the demographic shift affecting homebuyers and the impact of immigration on the housing market. The conversation delves into the local real estate market, highlighting record-setting median prices, cash purchases, mortgage rates, and inventory challenges. It also explores the impact of high prices on investors and the demographic shift in housing preferences.TakeawaysReal estate market influenced by high-end salesImpact of demographic shift on homebuyers Record-setting median pricesImpact of high prices on investorsDemographic shift in housing preferencesChapters00:00 Introduction and Attire09:45 Stock Market Performance15:04 Impact of Immigration on Housing Market22:27 Record-Setting Median Prices32:43 Impact of High Prices on Investors44:00 Demographic Shift in Housing Preferences

More than half of American adults still don't have an estate plan, and many who do have one may be making costly mistakes they don't even realize. Today I'll discuss 12 of the most common estate planning mistakes I see, from outdated trusts and missing documents to beneficiary errors and choosing the wrong trustee. Plus, I'll invite you to a free educational webinar tonight where we'll take a deeper dive into protecting your family and everything you've built.

Flipping homes can be one of the fastest ways to build wealth—or one of the quickest ways to lose money. Today Cory Edge of Edge Realty, Dwight Millard of On Q Home Loans and I discuss the best market conditions for flipping homes, how to finance a flip, the biggest mistakes investors make, and whether today's housing market presents opportunity or danger. That's today on The Jon Sanchez Show.

Most people spend decades preparing financially for retirement—but very few prepare for retirement itself. Today we'll walk through the ultimate retirement planning checklist, covering income, taxes, Social Security, Medicare, healthcare, estate planning, and the costly mistakes many retirees make.

It was another eventful week on Wall Street. Stocks reacted to economic data, interest rate expectations continued to dominate investor sentiment, and markets searched for direction. Today , we'll break down the week's biggest winners and losers, discuss what moved the markets, and most importantly, explain what it all means for your investments and retirement plans. Join me for The Week on Wall Street.

Flipping homes can be one of the fastest ways to build wealth—or one of the quickest ways to lose money. Today Cory Edge of Edge Realty and I discuss the best market conditions for flipping homes, how to finance a flip, the biggest mistakes investors make, and whether today's housing market presents opportunity or danger.

Today on The Jon Sanchez Show, we're discussing the seven estate planning mistakes that could cost your family thousands of dollars, months of frustration, and years of unnecessary stress. The shocking part? Many families don't discover these mistakes until a death or incapacity occurs. Join me as we uncover the most common estate planning problems and announce a special educational webinar designed to help you identify potential gaps in your own plan.

Most homebuyers ask one simple question: "How much house can I afford?" But the real question may be, "How much house should I afford?" Aaron Clark and mortgage expert Dwight Millard join me as we discuss affordability, mortgage payments, down payments, interest rates, and the costly mistakes buyers make when stretching their budgets too far. That's today on The Jon Sanchez Show.

Millions of Americans are entering retirement only to discover they haven't saved enough, taxes are taking a bigger bite than expected, and their investment income isn't covering the lifestyle they envisionedd.We'll discuss a surprising solution: starting a small business in retirement. Join me as we explore how retirees are turning their experience, skills, and passions into income-producing businesses. That's today on The Jon Sanchez Show.

The conversation covers market volatility, the impact of the Fed interest rate decision, and the uncertainty surrounding the Iranian deal. It also delves into the importance of estate planning and the potential consequences of not having an estate plan in place. The host provides insights into common estate planning mistakes and the significance of updating beneficiaries and funding the trust.TakeawaysMarket volatility can be influenced by geopolitical events and presidential comments.Estate planning is crucial for protecting and providing for one's family in the event of incapacity or death.Chapters00:00 Market Volatility and Fed Interest Rate Decision05:47 Key Takeaways from Kevin Warsh's Interest Rate Decision18:11 Post-Fed Interest Rate Decision Analysis32:05 Estate Planning and Family Protection46:42 Common Estate Planning Mistakes

The conversation covers topics related to the mortgage industry, the stock market, and the Federal Reserve. It delves into mortgage myths, stock market performance, and the impact of the Federal Reserve's decisions on interest rates. Dwight Millard provides insights into mortgage myths and the benefits of lower down payments. The conversation covers various myths and misconceptions related to mortgages and real estate, providing insights on down payments, credit scores, mortgage types, and interest rates. It also emphasizes the importance of financial discipline and strategic decision-making in real estate investments.TakeawaysMortgage myths can cost home buyers thousands of dollars.The stock market's performance and the Federal Reserve's decisions impact interest rates. Leverage value of the dollar in real estateCredit score impact on mortgage eligibilityChapters00:00 Introduction and Stock Market Recap07:00 Stock Market Performance and Semiconductor Sector16:24 Stock Market Recap and Mortgage Rates22:50 The Leverage Value of Real Estate31:19 Breaking Mortgage Myths45:13 The Best Loan and Renting Myths

The show discusses the market's optimism due to the Iran deal and the implications of the US-Iran ceasefire extension. It also provides detailed insights into the Rule of 55, a retirement rule that allows penalty-free access to retirement funds before age 59 and a half.TakeawaysMarket optimism due to the Iran dealImplications of the US-Iran ceasefire extensionUnderstanding the Rule of 55 for retirement planningChapters00:00 Market Optimism and Iran Deal07:16 Retirement Rule: Rule of 5515:14 Market Recap and Analysis28:26 Retirement Rule: Rule of 55 - Part 444:30 Retirement Rule: Rule of 55 - Part 5

How to turn one rental property into a multi million dollar portfolio....with no capital gain taxes.

This week, Wall Street witnessed history as Elon Musk's SpaceX completed the largest IPO in market history. The company reportedly raised approximately $75 billion and briefly exceeded a $2 trillion valuation on its first day of trading, creating one of the most talked-about stock market debuts ever. We'll discuss what drove the demand, whether the valuation makes sense, and what it tells us about investor appetite for innovation, technology, artificial intelligence, and space exploration.

Every Wednesday on The Jon Sanchez Show, we cover an estate planning topic designed to help families protect what matters most.Today, this one is personal.My guest is my son and best friend, Bret Sanchez, a former firefighter and paramedic with 15 years of service, and now Director of the First Responder Division of S.T.E.P.—Specialized Trusts & Estate Plans.We’ll discuss why estate planning is so critical for firefighters, police officers, paramedics, dispatchers, correctional officers, and their families.We’ll talk about what happens if a first responder doesn’t come home, who raises the kids, what happens to life insurance, pensions, deferred comp, beneficiary forms, and why having “some documents somewhere” may not be enough.