Today on Mastering Money

A new major economic study shows that China’s economy is now responsible for nearly half of all global GDP growth, and will surpass the United States in 2032--the same year that the U.S. Social Security system is due to be underfunded. The study also found that India will surpass China in the second half of this century as the world's largest economy. Where do we stand with China right now, and is your portfolio prepared? Do you have a plan for retirement that protects you in both good AND bad markets?  Find out what you need to know in order to get a grip on where the market is heading. 

Most people are aware of the IRS penalty of 10% for withdrawing money prior to age 59 ½  from an IRA or tax qualified retirement plan like a 401k. However, there are two rules which, if followed correctly, may allow a person to withdraw substantial funds WITHOUT penalty, setting up a steady income stream to cover an early retirement. Coming up next, we’ll review the rules of IRS code 72(t) and the Rule of 55, plus much more!

Can money buy you happiness? And are recent lottery winners as happy as victims of car accidents who have lost their ability to walk? You can probably answer that question with a hunch but you may really be surprised by recent research when it comes to money and happiness. Then in the Q & A segment we’ll talk to commodity expert Terry Shveda with Decadian.com--one of America's leading agricultural resource analysts! Find out where returns of 40% to 70% are currently being made with real commodities, not bitcoin!