Episode Synopsis "Episode 39: The Debt Ceiling and What It Means for Americans"

1.      There are 3 potential ways to balance the US Budget and start to pay off debt. 2.      2. Soon the U.S. will be spending more on interest on our than we will spend on any other program. 3.      3. The math doesn’t work out to only raise taxes on the wealthy. 4.      4. Taxes will increase for everyone. 5.      5. Tax-Free accounts will become more important in the future.

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More episodes of the podcast Retirement DNA

• Episode 39: The Debt Ceiling and What It Means for Americans
• Episode 38: How to Stop Stressing Over Money and Start Enjoying Retirement
• Episode 37: Why You Should Separate Income and Growth
• Episode 36: How to Increase Your Confidence through Retirement
• Episode 35: How to Retire and Aim for The Same Standard of Living
• Episode 34: The Secure Act 2.0
• Episode 33: Three Opportunities In Today’s Market
• Episode 32: How To Win When The Market Is Down
• Episode 31: The Power of Zero
• Episode 30: Reasons to Start Social Security Early Takeaways
• Episode 29: Diversify Tax Efficiently and Cash Alternatives
• Episode 28: 3 Biggest Retirement Fears
• Episode 27: What Are Retirement Risks?
• Episode 26: Why You May Need to Update Your Plan
• Episode 25: Is Retirement Tax-Free?
• Episode 24: The Three Levels of Advisors and How They Are Different
• Episode 23: Why You Should Pay Tax Now, Instead of Later
• Episode 22: Pay Less Tax
• Episode 21: Don’t Ignore Life Insurance
• Episode 20: Achieving Financial Success
• Episode 19: How Will Taxes Impact Your Investments
• Episode 18: When Should I Take Social Security
• Episode 17: Two Retirements, Two Outcomes
• Episode 16: Should I Pay off My Mortgage
• Episode 15: Mutual Funds and ETF’s
• Episode 14: How Much Money Do I Need To Retire?
• Episode 13: The Spousal Tax Trap
• Episode 12: RMD's in 2021
• Episode 11: Asset Location and the Role it Plays in Portfolio Success
• Episode 10: Will the Election Affect My Financial Plan?
• Episode 9: Why IRA’s Are Bad During Retirement
• Episode 8: Four Things To Check Now
• Episode 7: The SECURE Act
• Episode 6: Personal Benchmark
• Episode 5: Investment Planning
• Episode 4: Estate Planning
• Episode 3: Tax Planning
• Episode 2: Income Planning
• Episode 1: Intro to Duane Johnson Group