Send us a textIn this episode of the 'Retire Early Retire Now Podcast,' host Hunter Kelly, owner of Palm Valley Wealth Management, aims to debunk common myths about Limited Liability Companies (LLCs). The discussion covers five key myths, including the misconceptions that LLCs offer absolute liability protection, automatically save taxes, are only for small businesses, are complicated to set up, and do not require operating agreements for single-member entities. Kelly emphasizes the need for accurate information and the importance of consulting with legal and tax professionals for personalized advice. The episode includes practical tips on setting up an LLC, such as naming the entity, appointing a registered agent, and obtaining necessary permits and licenses.Check out the Palm Valley Wealth Management WebsitePalmValleywm.comCheck us out on InstagramLinkedIn FacebookListen to the Podcast Here! AppleSpotify

Send us a textIn this episode of the 'Retire Early Retire Now' podcast, host Hunter Kelly from Palm Valley Wealth Management discusses essential tax-saving strategies and deadlines to consider before the year ends. Topics covered include maximizing 401k and IRA contributions, Roth IRA conversions, required minimum distributions (RMDs), capital gains or losses harvesting, utilizing flexible spending accounts (FSA), and donor-advised funds for charitable giving. The host emphasizes the importance of preparing early to avoid last-minute issues and provides advice on rebalancing investments and managing tax withholdings. He also introduces tax-saving tools and services offered by Palm Valley Wealth Management.Check out the Palm Valley Wealth Management WebsitePalmValleywm.comCheck us out on InstagramLinkedIn FacebookListen to the Podcast Here! AppleSpotify

Send us a textIn this episode of the Retire Early Retire Now podcast, host Hunter Kelly from Palm Valley Wealth Management discusses retirement strategies tailored for high-income earners. The discussion focuses on the 'three buckets' strategy, which involves utilizing taxable, Roth, and pre-tax accounts to effectively manage taxes and savings. Key points include understanding the challenges unique to high-income earners, benchmarks for savings, the importance of diversifying investments, and various tax-advantaged accounts such as HSAs and non-qualified deferred compensation plans. The episode also highlights common pitfalls to avoid, the importance of regular plan reviews, and ends with advice on charitable giving strategies. Listeners are encouraged to seek professional help if needed and to stay educated on best practices for financial planning.Check out the Palm Valley Wealth Management WebsitePalmValleywm.comCheck us out on InstagramLinkedIn FacebookListen to the Podcast Here! AppleSpotify

Send us a textIn this episode of the Retire Early Retire Now podcast, host Hunter Kelly, addresses the topic of lifestyle creep—the gradual increase in spending as income increases, particularly affecting high-income earners. He explores how to identify lifestyle creep, its detrimental long-term effects on financial goals, and practical strategies to mitigate it. Suggestions include setting clear financial goals, automating savings, practicing mindful spending, avoiding debt, and revisiting financial plans periodically. The episode underscores the importance of aligning spending with long-term financial objectives to prevent lifestyle creep from undermining financial independence.Check out the Palm Valley Wealth Management WebsitePalmValleywm.comCheck us out on InstagramLinkedIn FacebookListen to the Podcast Here! AppleSpotify

Send us a textThis Episode discusses the importance of balancing short-term and long-term financial goals. He covers identifying and prioritizing these goals, the trade-offs between them, and strategies to achieve them. He emphasizes values-driven planning, automating savings, and potentially hiring a professional for accountability and expertise. Practical advice on budgeting, debt management, and investment considerations are also provided to help listeners achieve financial stability and independence.Check out the Palm Valley Wealth Management WebsitePalmValleywm.comCheck us out on InstagramLinkedIn FacebookListen to the Podcast Here! AppleSpotify

Send us a textIn the 40th episode of 'Retire Early Retire Now,' host Hunter Kelly from Palm Valley Wealth Management addresses a listener's question regarding whether to repair or replace a car. The listener is facing a costly AC repair his car. Hunter provides a comprehensive analysis, considering factors such as car age, mileage, repair costs versus car value, and financial circumstances. He also offers practical guidelines for purchasing a new car if needed. The podcast is aimed at helping physicians and attorneys make informed financial decisions to retire early or now.Check out the Palm Valley Wealth Management WebsitePalmValleywm.comCheck us out on InstagramLinkedIn FacebookListen to the Podcast Here! AppleSpotify

Send us a textIn the 39th episode of 'Retire Early, Retire Now,' host Hunter Kelly from Palm Valley Wealth Management discusses the 'Three Buckets Strategy' to help attorneys and physicians achieve career longevity and flexibility. Hunter addresses how to build financial resilience through three key financial buckets: emergency savings, long-term retirement accounts, and a flexible brokerage account for large purchases or time off. He emphasizes the importance of taking periodic breaks to prevent burnout and offers practical advice on managing finances for a better work-life balance. The episode is designed to guide professionals in making informed financial decisions to improve their quality of life and career satisfaction.Check out the Palm Valley Wealth Management WebsitePalmValleywm.comCheck us out on InstagramLinkedIn FacebookListen to the Podcast Here! AppleSpotify

Send us a textIn the 38th episode of 'Retire Early Retire Now,' host Hunter Kelly from Palm Valley Wealth Management discusses various financial planning strategies to help physicians minimize their tax liabilities. The episode emphasizes maximizing retirement accounts, such as 401(k)s, 403(b)s, SEP IRAs, and HSAs, to save on taxes. Kelly also touches on tax-efficient investment strategies, asset location, and the importance of tax loss harvesting. Additionally, he encourages consulting financial professionals for personalized advice and highlights the services offered by Palm Valley Wealth Management.Check out the Palm Valley Wealth Management WebsitePalmValleywm.comCheck us out on InstagramLinkedIn FacebookListen to the Podcast Here! AppleSpotify

Send us a textIn this episode, Hunter discusses the process of getting life insurance, what to consider when determining the amount, types of insurance, and what to look out for. https://www.nerdwallet.com/article/insurance/average-life-insurance-ratesCheck out the Palm Valley Wealth Management WebsitePalmValleywm.comCheck us out on InstagramLinkedIn FacebookListen to the Podcast Here! AppleSpotify

Send us a textIn the 36th episode of 'Retire Early, Retire Now,' host Hunter Kelly from Palm Valley Wealth Management discusses the importance of protecting one's income, particularly for high-earning professionals like physicians and attorneys. The episode covers the significance of disability insurance to safeguard one's earning potential in case of an injury or disability. Hunter explains the types of disability insurance, including short-term and long-term policies, and delves into group versus individual policies. The episode also touches on crucial elements such as benefit riders, underwriting processes, and considerations for choosing the duration of coverage. Check out the Palm Valley Wealth Management WebsitePalmValleywm.comCheck us out on InstagramLinkedIn FacebookListen to the Podcast Here! AppleSpotify

Send us a textIn the 35th episode of the 'Retire Early Podcast,' hosted by Hunter Kelly of Palm Valley Wealth Management, the focus is on providing financial advice to new physicians transitioning from residency to attending physician roles. The episode outlines ten critical tips for managing new income, debt repayment, budgeting, investing, and insurances, offering strategies like reverse budgeting, automating savings, understanding student loans, evaluating housing options, negotiating salaries, and planning for taxes and estate needs. Emphasis is placed on optimizing these factors to ensure long-term financial goals and stability.Check out the Palm Valley Wealth Management WebsitePalmValleywm.comCheck us out on InstagramLinkedIn FacebookListen to the Podcast Here! AppleSpotify

Send us a textThe Episode discusses the importance of utilizing 401k and 457B retirement accounts for physicians looking to retire early. It covers the differences between the two accounts, strategies for maximizing contributions, potential tax implications, and the benefits of diversifying investment options. Hunter emphasizes the advantages of 457B for early retirement and provides guidance on navigating the nuances of these retirement plans.Check out the Palm Valley Wealth Management WebsitePalmValleywm.comCheck us out on InstagramLinkedIn FacebookListen to the Podcast Here! AppleSpotify

Send us a textThe Episode discusses the question of whether it is worth paying a financial advisor 1% fee, diving into the complexities of investment portfolios, fees, advisor services, and value provided. Hunter provides insights into the considerations of fees, investment strategies, diversification, flexibility, and the broader range of services financial advisors offer beyond managing investments.Check out the Palm Valley Wealth Management WebsitePalmValleywm.comCheck us out on InstagramLinkedIn FacebookListen to the Podcast Here! AppleSpotify

Send us a textThe episode features a conversation between host Hunter Kelly and real estate expert Amanda Romeo from Game Changer Realty. They discuss Amanda's career transition, the intricacies of real estate transactions, the importance of relationships in real estate, tips for sellers to make their homes marketable, the importance of home inspections for buyers, and the impact of a recent lawsuit on real estate commissions.Check out the Palm Valley Wealth Management WebsitePalmValleywm.comCheck us out on InstagramLinkedIn FacebookListen to the Podcast Here! AppleSpotify

Send us a textThe Episode features a discussion between host Hunter Kelly and guest Alex Testa, a mortgage broker, covering topics like: getting a mortgage, fees to look out for, advantages of using a broker, effects of the NAR lawsuit,  tips to avoid information selling by credit bureaus. Alex shares insights on mortgage landscape, personal journey, lender niches, loan process, special mortgage products, NAR lawsuit impact, and buyer tips.First Down MortgageAlex TestaCheck out the Palm Valley Wealth Management WebsitePalmValleywm.comCheck us out on InstagramLinkedIn FacebookListen to the Podcast Here! AppleSpotify

Send us a textThe episode discusses five key takeaways from a recent conference focusing on personal development and strategies for business growth in the financial planning industry. Topics include creating a personal vision, tracking time to identify areas for improvement, crafting a brand story, building a public presence, and enhancing expertise in tax planning. Hunter emphasizes the importance of balancing personal life goals with business growth and finding ways to inspire and help other advisors and clients in the industry.Check out the Palm Valley Wealth Management WebsitePalmValleywm.comCheck us out on InstagramLinkedIn FacebookListen to the Podcast Here! AppleSpotify

Send us a textThis episode discusses the importance of making financial decisions in your thirties to set you up for success in your 40s, 50s, and 60s. It emphasizes: understanding long-term goals, automating savingsincreasing incomemanaging debtopening a brokerage account for financial flexibility and freedom.Check out the Palm Valley Wealth Management WebsitePalmValleywm.comCheck us out on InstagramLinkedIn FacebookListen to the Podcast Here! AppleSpotify

Send us a textDetective David Elliott provides valuable insights on common financial crimes and scams, emphasizing the importance of caution and vigilance. The episode also offers practical tips such as consulting with banks, staying informed about scams, and seeking law enforcement help when needed. Overall, the key message is to be aware and seek professional guidance to safeguard against falling victim to financial fraud.Internet Crime Complaint Center(IC3) | Home PageCheck out the Palm Valley Wealth Management WebsitePalmValleywm.comCheck us out on InstagramLinkedIn FacebookListen to the Podcast Here! AppleSpotify

Send us a textHunter Kelly, CFP and Wendy Barlin, CPA discusses the differences between tax preparation and tax planning, emphasizing the importance of understanding tax laws and maximizing benefits for small business owners and individuals. She highlights the need for education in tax matters and the value of seeking professional advice for tax planning. Wendy also touches on the changing demographics of clients seeking tax services and stresses the significance of setting clear expectations with clients.Wendy's LinkedInTax Boutique CPA Check out the Palm Valley Wealth Management WebsitePalmValleywm.comCheck us out on InstagramLinkedIn FacebookListen to the Podcast Here! AppleSpotify

Send us a textThis podcast episode features Wendy Mollo from Florida College Coach discussing the significance of early college preparation for middle to high school students. She addresses challenges faced by students in getting proper guidance due to counselor caseloads and graduation focus over career planning. Wendy emphasizes the importance of customized planning, understanding college requirements, filling out FAFSA, and strategies for college selection and application. The episode also provides valuable advice on scholarship applications and alternative pathways to college, highlighting the role of scholarships in maximizing post-secondary education opportunities.Wendy's WebsiteWendy's YouTube ChannelFL College Coach FacebookCheck out the Palm Valley Wealth Management WebsitePalmValleywm.comCheck us out on InstagramLinkedIn FacebookListen to the Podcast Here! AppleSpotify