{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"8-21-26 The Best Retirement Head Start for Your Kids","description":"Giving your kids a financial head start may be one of the most valuable lessons you can teach them. Richard Rosso &amp;amp; Jonathan McCarty explain how a Custodial Roth IRA can help children with earned income start building tax-free retirement wealth early, while learning the importance of saving, investing, and paying themselves first. We also discuss Roth IRA withdrawal rules, the potential transition from Trump Accounts to Roth IRAs, and how even a lemonade stand can become a lesson in long-term wealth building. Plus, we look back at Wall Street history, the value of financial writing, and why understanding the past can make you a better investor. &amp;nbsp; 0:00 INTRO 0:21 - Magic Mike &amp;amp; $100 Hot Dogs 2:46 - Wall Street Magazines from Days of Yore 4:36 - The story of Richard &amp;amp; Cecilia Wycoff &amp;amp; Wall Street Magazine&amp;nbsp; 10:50 - The best knowledge is history 17:17 - Giving Kids a Head Start on Retirement w Custodial Roth IRA's 19:22 - Benefits of Jump-starting Retirement 21:51 - Getting on the Pay-Yourself-First track 22:56 - Content Creators &amp;amp; Demise of Writing 25:49 - Withdrawing Contributions from Roth IRA's before 59-1\/2 27:13 - Converting Trump Accounts to Roth &amp;amp; J. G. Wentworth 29:57 - Money Lessons from Roths &amp;amp; Lemonade Stands Hosted by RIA Advisors' Director of Financial Planning, Richard Rosso, CFP, w Senior Investment Advisor, Jonathan McCarty, CFP&amp;nbsp; Produced by Brent Clanton, Executive Producer ------- Do you enjoy our content? Rate us on Google: https:\/\/bit.ly\/4b9JtEo ------- Watch Today's Full Video on our YouTube Channel: https:\/\/youtube.com\/live\/IqyxMopn1Uw?feature=share&amp;nbsp; ------- Watch our previous show, &quot;Is Treasury Bailing Out the Bond Market?&quot; https:\/\/youtube.com\/live\/9qhjXZbxkxs&amp;nbsp; ------- Get more info &amp;amp; commentary: https:\/\/realinvestmentadvice.com\/insights\/real-investment-daily\/  ------- * REGISTER for our next Dynamic Learning Series, &quot;The Smart Way to Pay for College,&quot; Thursday, September 3, 2026: https:\/\/streamyard.com\/watch\/mcE7YgphgMns --- Visit our Site: https:\/\/www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN --- Subscribe to SimpleVisor : https:\/\/www.simplevisor.com\/register-new --- Connect with us on social: https:\/\/twitter.com\/RealInvAdvice https:\/\/twitter.com\/LanceRoberts https:\/\/www.facebook.com\/RealInvestmentAdvice\/ https:\/\/www.linkedin.com\/in\/realinvestmentadvice\/ #RothIRA #RetirementPlanning #InvestingForKids #FinancialPlanning #RichardWycoff #CeciliaWycoff #WallStreetMagazine ","author_name":"The Real Investment Show Podcast","author_url":"http:\/\/soundcloud.com\/the-lance-roberts-show","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/42488480\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/87A93A\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/item\/42488480"}