Why are more people working longer? Workers age 50 or older now comprise 33.4% of the U.S. labor force, up from 25% in 2002. And more than 60% of workers age 65 or older now hold full-time positions, up from 44% in 1995. Is it by choice or necessity. Learn the surprising answer as Steve and Sinclair review the new Wall Street Journal report.
Have you heard about the biotech stock that is poised to triple in the next 90 days? Biotech stocks have taken a beating for quite some time but investors still keep looking for that one stock that will cure dementia or arthritis. Find out what a prominent Certified Financial Analyst has to say about the difference between biotech investing and pharmaceutical investing. Then Steve reviews the difference between a buffered variable annuity offering partial downside protection, and an uncapped fixed index with a bonus and 100% downside protection.
Will you end up receiving as much money from Social Security as you paid in? Find out why many Money Radio listeners probably will not, according to the Wall Street Journal. Then, attorney Richard Dwornik discusses spendthrift provisions on living trusts.
Most states hit residents with annual income tax. Alaska pays its residents an annual income, based upon oil drilling on state land. Find out how they're paying more this year than last year, even though the price of oil is flat. Then real estate attorney Laura Bramnick is here to bring us up to date on vital statistics in the Arizona real estate market, along with timely legal tips.
Gary Kaltbaum is here to talk about the markets, the economy, and Trump, but first, the story of how four iconic franchises began: KFC, Nathan's Famous, Dunkin Donuts, and McDonald's--and what they all had in common!
As we head into the Christmas shopping season, some mall owners are allocating about 5% of their leasable space to transient tenants as big tenants like Macy's and the Gap fly the coop.
Meanwhile, the Wall Street Journal reports there is trouble brewing in multi-family and Commercial Real Estate as a quirky provision of the Dodd-Frank bill kicks in during December.
Then Steve points out how to increase your income and lower your fees with a new type of annuity benefit rider.
The data needed to calculate one of the most REVERED stock picking metrics is usually found on a company's cash flow statement. Learn what it is and why Warren Buffett and other legendary stock pickers rely on this number! Then estate planning attorney Richard Dwornik explains how to know if your living trust is out of date.
Until just recently, self-driving cars have been the center of attention, but self-driving TRUCKS could soon be cutting into the livelihoods of nearly two million American truck drivers. Steve and Sinclair have the fact-filled report... then CPA Nick Stefaniak is in the house to talk about taxes, taxes, and more taxes!
In 2001, total employment at computer and electronic firms in the United States was 1.87 million people. As of August 2016, after tech giants like Apple, Alphabet, Uber, and Amazon have exploded in market value and made their CEOs rich, total employment for all U.S. tech firms had fallen to 1.03 million people. Machines are taking jobs and Bill Gates says another 45% of jobs that people do today, will be gone in nine years. Steve and Sinclair are here to cheer you up with a startling Wall Street Journal report.
Gary Kaltbaum will be here to discuss winners and losers under Trump, but first, What do you do if you inherit a Roth IRA before the age of fifty-nine and a half? What about a traditional IRA? Does it matter how old the original IRA owner was? And, why do so many inherited IRAs run the risk of having to pay the 50% penalty when parents pass away near Christmas? Steve and Sinclair have the details!