Winning at Life with Gregory Ricks

01:11 - The annual Social Security projection have been updated, and funds are now expected to run out in 2035. Gregory expects there to be changes to the program before benefits get cut, probably increasing the taxes, and maybe even raising the retirement age. James hopes for privatization. 19:27 - Are you doing better financially than the average American? Compare yourself to the average American on 10 different financial statis... Read more

01:27 - Real Estate sales have slowed for the first quarter, but Gregory reminds you how often a sluggish home market isn't a sign of a slowing economy. The real effect on you as you are approaching retirement is the ability to strike a good deal on your retirement home. 16:00 - The Numbers are mixed, with Trump's repeal of Iran sanction waivers rocking the oil market and getting the biggest headlines. 25:27 - Gregory sha... Read more

Gregory and James do a brief summary of the major topics to be covered on today's show. Real Estate, reducing your tax bills, reverse mortgages, Social Security planning. 02:33 - A recent survey shows 42% of college graduates say their degree wasn't worth the cost. 12:42 - More Americans these days are enjoying an encore career in retirement. Sometimes it's for the money, sometimes it's for enjoyment, but it can c... Read more

Financial advisor Gregory Ricks and co-host James Parker talk all things money. The financial side of Tiger Woods' amazing comeback win at the Masters begins with a dazzling $2.07 million first prize, and the guys that miss the cut get $10,000. Gregory reveals Augusta National has been on a property-buying spree in their area and may have big plans for development. It's Tax Day! Today is an ideal time to remember to plan fo... Read more

Financial advisor Gregory Ricks and co-host James Parker help you on the right financial path. Wes Blanchard is the Estate Planning Attorney of the Total Wealth Authority. Gregory and Wes have a live event coming up in Madisonville this Tuesday at Keith Young's Steakhouse. Wes Blanchard shares some of the pitfalls of dealing with Usufruct and Naked Ownership. He has seen people try and use Usufruct to settle property disputed u... Read more

Financial advisor Gregory Ricks and co-host James Parker help you on the right financial path. Jack Dorsey, CEO of Twitter, only eats one meal per day. We've noticed hyper successful people tend to have unusual daily habits. Be careful about mixing pre-tax money in your retirement savings with after-tax contributions. It's often impossible to separate those assets back out once they've been mixed. Financial situation an... Read more

Financial advisor Gregory Ricks and co-host James Parker help you will all your financial needs. Uber's IPO has been dominating a big chunk of the financial headlines these days. IPOs are generally too risky to recommend for a client, but we certainly get a healthy crop of questions about high-profile IPOs. Gregory has a book he wants to give you about creating tax-free income streams in retirement. James and Gregory review som... Read more

Financial advisor Gregory Ricks and co-host James Parker talk all things money. Are more people willing to ditch their house in retirement for an RV? Fixed annuities can be a good solution for the investor who is risk-averse. Randolph in Gretna asks Gregory's thoughts on Indexed Universal Life Insurance policies. Carol in New Orleans is 29 and new to investing, and asks Gregory's thoughts on how to get started on the right ... Read more

Financial advisor Gregory Ricks and co-host James Parker help you on the right financial path. Are you financially smarter than a teenager? Hear Angie answer an 8 question quiz on financial basics that half of the teenagers failed. Half of Americans don't work, and half of workers don't pay taxes. Taxes are going up in the future, and it's hard to see how the overwhelming majority of voters who don't pay taxes would... Read more

Financial advisor Gregory Ricks and co-host James Parker help you on the right financial path. We review a few proposed rule changes for IRAs, 401ks, and 529s. The changes are aimed at nudging more small businesses and individuals to put away retirement savings, but not all of them are good ideas. We review a few proposed rule changes for IRAs, 401ks, and 529s. The changes are aimed at nudging more small businesses and individuals ... Read more

Financial advisor Gregory Ricks and co-host James Parker help you on the right financial path. A report says 70% of lottery winners blow through the money in 5 years or less, and the size of the pot doesn't seem to affect the timeline much. Gregory helps people turn their lump sums of cash into income that won't run out. Sometimes it's from a pile of inherited money, the selling of the family business, or a few decades ... Read more

Financial advisor Gregory Ricks and co-host James Parker talk all things money. The Brexit deal drags on with Theresa May asking for another extension. The UK economy seems to be resistant to the chaos. Several pieces of legislation have been filed to reform retirement savings. One proposal would extend the IRA contributions and RMDs to age 72. There's another attempt at helping small businesses pool their retirement benefits, ... Read more

Financial advisor Gregory Ricks and co-host James Parker help you on the right financial path. The number of Americans showing signs of burnout is at a record high. Gregory shares some of the ways he handles the high demands of a hectic schedule. There are 3 things about Social Security people don't commonly know, and they are unhappy to find out. Heather in Tyler got a call from her bank saying someone tried to use her Socia... Read more

The next Gregory Ricks Live event is going to be on the Northshore in Madisonville at Keith Young's. It's been a while since Gregory has hosted an event on the Northshore, and it's good to have an office in Mandeville as well. As if Michael Avenatti wasn't already questionable enough, he's been arrested and charged with extorting Nike. Smitty in Gretna asks Gregory about taking a loan from his 401k, putting it i... Read more

Financial advisor Gregory RIcks and co-host James Parker help you with all things money. Reverse Mortgage commercials look so shady. There's a reason for that, and Gregory uncovers what the late night commercials won't tell you. Gregory shares the story of a self-employed couple thinking about using a reverse mortgage to make their monthly house payment go away when they wind down their business. Financial situation and you... Read more

Financial advisor Gregory Ricks and co-host James Parker help you on the right financial path. The financial story behind the NFL offseason free agency is who has cap space to go buy some talent, and who's is so financially strapped they won't be able to resign the talent they have? We review the discussion with Jude Heath CPA on the Weekly Wrap: Are you an Independent Contractor or an employee? We look at how the IRS defi... Read more

Financial advisor Gregory Ricks and co-host James Parker help you with all your financial needs. The FAA has grounded the new Boeing 737 Max 8 and 9 model planes. In the aftermath of this week's crash in Ethiopia, Boeing lost around $25 billion in market value, and if some of these airlines cancel their orders for future Max 8/9s, Boeing is in real trouble. Federal Reserve Chairman Jerome Powell was on 60 Minutes, and we can&#... Read more

Financial advisor Gregory Ricks and co-host James Parker talk all things money and finance. We preview the tax topics on the agenda for our guest: Jude Heath CPA of the Total Wealth Authority. How to avoid an audit, the UK is losing billionaires, Sweden is trying to pass a big tax cut, and the State of New York is auditing all wealthy people who move to Florida. Gregory also talks about tax incentives vs rax credits. Sometimes, del... Read more

Financial advisor Gregory Ricks and co-host James Parker help you with your money. After jacking up taxes on the ultra-wealthy, about a third of the UK's billionaires have left the country. It had 93, but 28 have chosen to move, with 10 going to Monaco. In the US, the ultra-wealthy are most attracted to New York and Miami. Cody from Livingston Parish asks Gregory if his military retirement package will have any negative affect ... Read more