Category Archives: Finance

FEATURE

Transitioning Your Parents Into Assisted Living with Sarah Dixon (Ep. 39)



As our parents age, sometimes it’s necessary to find a place where their quality of life will be better.

Many difficulties can arise in this process, such as the financial part and the emotional conversations we need to have with them.

In this episode of Your Financial Advocate, Greg DuPont is joined by Sarah Dixon, community relations director at Bluebird Retirement Community, to talk about the transition from in-home care to an assisted facility and how we can have these tough conversations when it comes to helping our parents.

Sarah discusses:

  • Her background in healthcare and how she got introduced to the hospitality industry
  • The transition from working in large corporations to a privately owned business
  • The different ways families approach assisted living facilities
  • The different levels of assistance care 
  • The financial preparation needed before applying for an assisted care space
  • Things to consider when families are searching for facilities
  • A few details about Bluebird’s dementia care unit
  • How should conversations about transitioning to a specialized facility should be tackled
  • And more!

Resources: 

Connect with Gregory DuPont:

Connect with Sarah Dixon:


FEATURE

How To Pay for College with Ann Garcia, CFP® (Ep.38)



Education is an essential part of life and college is a necessity for most of us to build a successful career.

Hence, families should prepare financially for the process of applying to college and not wait until the last minute.

In this episode of Your Financial Advocate, Greg DuPont chats with Ann Garcia, author of How to Pay for College, about different ways to save for college and important things to know while financing tuition payments as we are on the verge of FAFSA season. 

Ann discusses:

  • What motivated her to write the book: How to Pay for College 
  • A brief overview of the financial aid process
  • Her tips for families who don’t know how to start the process of college
  • Why open a 529 plan and contribute to it constantly.
  • Why approximately a quarter of students are not applying for any financial aid
  • The college planning process information you can find on her website
  • The importance of parents being involved in the entire education process of their children
  • And more!

Resources: 

Connect with Gregory DuPont:

Connect with Ann Garcia:

About Our Guest:

Ann Garcia is a CFP® and owner of Independent Progressive Advisors, a fee-only Registered Investment Advisor in Portland, Oregon, and the author of How to Pay for College and The College Financial Lady blog. Her blog has approximately 15,000 subscribers in various media. In addition, she is regularly in national media (New York Times, US News & World Report) on college planning. She earned a BA from the University of California.


FEATURE

Ways To Mitigate the Impact of Income Taxes with Jason Pueschel (Ep.36)



Paying taxes is a patriotic duty. But it’s your choice to pay more or less.

To manage your personal income tax liability, it’s essential to listen to experts that can give life-changing guidance on this topic and help reduce tax exposure.

In this episode of Your Financial Advocate, Greg DuPont continues the conversation with Jason Pueschel, Founder and Managing Director of Alternative Wealth Management. This time they speak about the different tools available to reduce taxes for active and passive income earners and how to apply these strategies to have more spendable income.

Jason discusses:

  • Why people are willing to pay higher taxes but get concerned if their investments decline
  • The assets and annual income required to be an accredited investor
  • The two types of income (passive & active) and the tools to help reduce taxes for both
  • Applying deductions and incentives to get a significant tax reduction for an active income earner
  • The two formats of tax mitigation for the passive income earner
  • And more!

Connect with Gregory DuPont:

Connect with Jason Pueschel:

About our guest:

Jason Pueschel has led the design, syndication, and capital raise of several alternative investment platforms.  Over the past few decades, he has assisted Financial Advisors and Investors in the diversification of portfolios and reduction of tax exposure.  With a focus on Internal Revenue Code tax incentives, Jason provides unique strategies to create efficient transitions of real estate and capital.

Prior to establishing Alternative Wealth Management, Jason directed sales at several top investment companies, including; Salomon Brothers, Smith Barney, and Warburg Pincus.  At Old Mutual Investment Partners, Jason and his associates launched the first alternative investment offerings in the Merrill Lynch Consults Program.  As Managing Director at Four Springs Capital, he led the design and syndication of several Delaware Statutory Trusts (DSTs) and 1031 focused real estate investment programs.

Jason is a graduate of Bentley University, where he received a Bachelor of Science degree in Economics and Finance.  He has held his FINRA Series 7 and 63 Licenses since 1993.




FEATURE

Ways To Preserve Your Capital with Jason Pueschel (Ep.35)



We often think that to have more money in our pockets, we constantly have to look for new ways to make more.

But there are different strategies only a few know that can help reduce or defer the amount of taxes we pay. So, how can we cut down on that 40% chunk of overall taxes that are part of our lifetime income?

In this episode, Greg DuPont is joined by Jason Pueschel, Founder and Managing Director of Alternative Wealth Management. Here, Jason breaks down several methods to lower or mitigate taxes to relieve payers in different areas such as the capital gains in real estate.

Jason discusses:

  • What Alternative Wealth Management does within the financial industry
  • What are the 1031 exchange and the Delaware Statutory Trust (DST) and how these can help reduce or defer taxes
  • Various tools for capital gains reduction in transition
  • Things to know about Opportunity Zones and their three main benefits
  • And more!

Connect with Gregory DuPont:

Connect with Jason Pueschel:

About our guest:

Jason Pueschel has led the design, syndication, and capital raise of several alternative investment platforms.  Over the past few decades, he has assisted Financial Advisors and Investors in the diversification of portfolios and reduction of tax exposure.  With a focus on Internal Revenue Code tax incentives, Jason provides unique strategies to create efficient transitions of real estate and capital.

Prior to establishing Alternative Wealth Management, Jason directed sales at several top investment companies, including; Salomon Brothers, Smith Barney, and Warburg Pincus.  At Old Mutual Investment Partners, Jason and his associates launched the first alternative investment offerings in the Merrill Lynch Consults Program.  As Managing Director at Four Springs Capital, he led the design and syndication of several Delaware Statutory Trusts (DSTs) and 1031 focused real estate investment programs.

Jason is a graduate of Bentley University, where he received a Bachelor of Science degree in Economics and Finance.  He has held his FINRA Series 7 and 63 Licenses since 1993.




FEATURE

Preparing Yourself to be Financially Ready for Elderly Care (Ep.34)



52% of people turning 65 are going to need some type of long term care over their lifetime. Aging parents is something many of us are going to have to deal with at some point in our lives. 

In this episode, Greg DuPont talks about how important it is to start budgeting for your future healthcare costs and figuring out how your parents can budget for theirs. With the right planning, you can make this inevitable journey a lot smoother.

Greg discusses:

  • The nationwide average cost of elderly care per month
  • The difference between long term care and assisted living
  • How many retirees end up with dementia or some health issue
  • Strategies to help you save on long term care in the future
  • And more!

Connect with Gregory DuPont:


FEATURE

Understanding the Historical Trends of the Markets (Ep.33)



Do you believe that history tends to repeat itself? The markets have been down recently and if it is anything like the past, it could be down for a while.

In this episode, Greg DuPont goes back as far as 1897 to explain how the markets have been working and how trends tend to repeat themselves. In order to improve at what we do, we have to learn from the past to avoid the same mistakes. 

Greg discusses:

  • The history and trends of the market
  • The Shiller PE ratio and the S&P 500 
  • Who is going to be affected by the markets the most
  • Is the market going to continue to decrease
  • And more!

Connect with Gregory DuPont:


FEATURE

Real Estate Market Opportunities Right Now! Part 2 With Richard Davis. (Ep.32)



In the previous episode, we talked about some challenges real estate investors may face as well as the opportunities for them.

In this episode, Richard Davis is back to dig into more specifics about real estate. If you are currently looking for additional sources of income, tune in today for some tips and tricks you can use to start earning with these opportunities in real estate.

Richard discusses:

  • Niches to add to your real estate portfolio
  • The major opportunity in real estate with baby boomers
  • The future of modular buildings 
  • Running a part-time Airbnb 
  • And more!

Resources: 

Free copy of Get The Most Money For Your Real Estate Investment by Rick Davis

Connect with Gregory DuPont:

Connect with Richard Davis

About our guest:

Rick Davis is an experienced Real Estate Agent, Commercial Builder, New Home Builder and Insurance Adjuster, licensed and experienced in commercial and residential real estate sales construction and restoration. He was first licensed in Real Estate in 1972, then in Construction in 1976.  He is licensed in Pennsylvania, Maryland and Florida.

 


FEATURE

Real Estate Market Opportunities Right Now! With Richard Davis (Ep.31)



With real estate at all time highs, what kind of opportunities are there available to make the most out of it?

In this episode, Greg DuPont is joined by Richard Davis, an expert in what is happening in the real estate industry currently. He explains how you can make the most of the housing industry when it comes to figuring out if you should sell, buy, or rent your house/properties and the best ways to do it.

Greg discusses:

  • The opportunities for individual investors in real estate
  • The problems with interest rates and inflation when purchasing a home
  • Why a cap rate is important in real estate investing and what it means
  • Finding deals with housing auctions
  • And more!

Resources: 

Free copy of Get The Most Money For Your Real Estate Investment by Rick Davis

Connect with Gregory DuPont:

Connect with Richard Davis

About our guest:

Rick Davis is an experienced Real Estate Agent, Commercial Builder, New Home Builder and Insurance Adjuster. licensed and experienced in commercial and residential real estate sales construction and restoration. He was first licensed in Real Estate in 1972, then in Construction in 1976.  He is licensed in Pennsylvania, Maryland and Florida.

 


FEATURE

The Upcoming Paradigm Shift in the Economy (Ep.30)



Are we headed towards stormy seas when it comes to inflation and the economy? 

In this episode, Greg DuPont talks about why he believes there are some big changes that are going to happen to our lives in the next 10 – 20 years. With new technology, we can expect a longer life span, and with that comes many more possibilities we did not think possible.

Greg discusses:

  • The economic, demographic, and sociological changes on the horizon
  • Whether cash is the safest investment right now
  • What retiring later may be able to do for you
  • The opportunities available in the next few years
  • And more!

Resources: 

Book: Life Force by Tony Robbins

Connect with Gregory DuPont:




FEATURE

Things You Should Know Before a Recession (Ep.29)



Have you had to cut back on your daily spending recently? With inflation increasing rapidly and interest rates rising, our purchasing power is quickly decreasing.

In this episode, Greg DuPont is joined by Kirk Chisholm to talk about why a recession is happening. You may want to put your money into stocks or cryptos to avoid losing to inflation, but is that a good idea during a time like this?

Greg and Kirk discuss:

  • Predictions for economy growth in the foreseeable future
  • How your monthly payments could double with inflation
  • Is a recession happening?
  • Stocks vs Bonds vs Cash vs Gold during a recession
  • And more!

Resources: 

Money Tree Investing

Connect with Gregory DuPont:

Connect with Kirk Chisholm

About our guest: 

Kirk Chisholm is a Wealth Manager and Principal at Innovative Advisory Group, an independent Registered Investment Advisor located in Lexington, MA. He has been providing wealth management services to individuals, executives, entrepreneurs, and their families since 1999. He is an outside the box thinker, risk manager, inflation expert, blogger, podcaster, and all-around interesting guy. Kirk is dedicated to developing lasting relationships with all of his clients and their families. One of the benefits of working with Kirk is his patience, empathy, and his ability to provide clear and easy-to-understand explanations to complex financial topics.