Advertise on podcast: MLN Money Secrets with Michael Niemczyk

Guest Casey Minshew from Energy Funders talks about some pros and cons of investing in the oil and gas industry and the tax benefits that can come from this sector. If you’ve ever consider this investment, you’ll want to check out this conversation.   Read more and get additional resources here: https://www.mlnrp.com/podcasts/ep-4-energy-investing-the-oil-and-gas-industry    About our guest: https://www.energyfunders.com/    Watch the video podcast: https://youtu.be/vsssM-KWySA    What we discuss on this episode:  0:41 – How he got into the industry 3:17 – The transparency they provide 3:57 – Wildcatting 5:59 – The attraction to yield funds 7:40 – Tax benefits 12:09 – Dividends 14:00 – Industry changes 15:06 – Moving forward if you’re interested

Are you doing everything you can to keep as much money in your pocket in retirement? Many people are focused on tax preparation but not tax planning, and that’s something we have a blueprint process for clients. John Major is a Senior Tax Advisor on our team and takes us through the steps of that process on the show.   Read more and get additional financial resources here: www.mlnrp.com/podcasts/ep-3-creating-a-tax-free-retirement-blueprint    Watch the video podcast: https://youtu.be/Rxf3ztsXRm0    What we discuss on this episode:  1:00 – Background on John 2:29 – Preparation vs Planning 4:00 – SECURE Act 5:02 – Our blueprint process

What’s the best way to find the answer to that question? Quite simply, it’s putting together a retirement plan. But where should you start? We’ve put together a book that addresses the key areas of planning that will allow you to determine how much you’re going to need to cover your entire retirement.   Read more and get additional resources here: http://www.mlnrp.com/podcasts/ep-2-will-you-run-out-of-money-before-you-run-out-of-life    What we discuss on this episode:  0:31 – Will you get a pension? 1:11 – Why are you in the stock market? 1:54 – Bounce the check to the funeral home 2:25 – Increasing monthly income 3:17 – Also includes the SECURE Act

As part of our wealth and tax planning, we work with people on healthcare and long-term care options. Many of the questions we get involve Medicare, which isn’t surprising because it can be pretty confusing. Today we’ll explain the basics of the program and then identify seven key mistakes that people make with Medicare.   Read more and get additional resources here: https://www.mlnrp.com/    Listen to the full episode or use the timestamps below to find a specific segment.  1:24 – How does Medicare work? 3:48 – How advantage plans started 5:00 – Understanding what Medicare will cover 6:14 – None of the supplements cover long-term care 6:41 – If I drop/change a Plan F Supplemental, can I get it back? 7:53 – The 3 enrollment periods 8:36 – Part D prescription plan covering all medication? 9:35 – No out-of-pocket expenses 11:43 – The premiums are taken out of my Social Security benefits 12:33 – Pre-existing conditions 13:21 – Are you sacrificing care for not paying out-of-pocket expenses? 15:06 – Getting plans online vs using a broker 16:54 – Next steps if you want a Medicare evaluation