Retirement is supposed to be fun and rewarding...Imagine going from having a million dollars to retire on, and finding yourself--you and your spouse--left with only half of it three years into retirement with another thirty years to go! Today, we'll outline exactly how it could happen in real life, based on real life events, and why it may be happening right now for thousands of American couples--maybe even YOU!. We'll also show you ways to avoid the problem. MASTERING MONEY is on the air!!
There are 451,000 people today who are at least 100 years old. And that number is projected to grow to 2.2 MILLION in just 30 years!
How old will YOU be in 30 years?
...Living a long and prosperous life is something we all wish for.
But would it cause you to run through your entire life savings … far too soon?
Today, we'll explore why you should be planning to live longer, and exactly how to do that--
MASTERING MONEY is on the air!
Today on MASTERING MONEY, It’s a LARRY KUDLOW MONDAY! The former Ronald Reagan economist and syndicated talk show host weighs in with high powered guests and unique insights on the economy, the markets, politics, Donald Trump, Congress, and the Muller Investigation—MASTERING MONEY is on ON THE AIR!!
The stock market is on a tear, and keeps rising. While there is no rule that says it can’t keep rising for another year or two, we all know a reversal could come at any time. Therefore, being prepared is the wise thing to do, not keeping all our eggs in one basket. Since 1929, the U.S. has seen exactly eleven bear markets. One day, the 12th will catch up to this aging bull—and it could be a “doozie.” Is your financial plan ready—not only to protect against loss, but to profit over time? We'll review how to do just that today, and Charles Payne of Fox Business will join us for a special Q & A!! --MASTERING MONEY is on the air!!
Could An Annuity Play A Role in Your Retirement? …When the need for spendable, dependable income outweighs the need for never-ending growth, where do you turn? With interest rates near all-time lows, and the stock market at all-time highs, the world has flipped upside down for those planning retirement! The ideal retirement situation would be the opposite of today: there would be HIGH interest rates on bonds, with plenty of low-priced stocks sending signals of a long bull market to come. And, it would be ideal to retire immediately after a recession, not before.
But that’s not how things are. Bond rates are skimpy, the market may be somewhere near a peak, and a recession has to come along one of these days. With all of this, the argument can be made that today’s Baby Boomers are retiring into one of the worst possible financial environments in history—even with all the good news. Could an annuity be a fit for your financial plan? Find out today--MASTERING MONEY is on the air!!
Did you know there is a seven in ten chance that at least one member of a married couple will need long term care one day?.…and the cost of care is steep! Nationwide, extended care is costing $200 billion dollars annually, according to the Wall Street Journal. …Knowing this, millions of Americans have bought long term care insurance. They are paying on those policies, even though their premiums are rising. But it’s worse than you think. The record shows that almost every insurer in the business badly underestimated how many claims would be filed and how long people would draw payments. People are living longer and and claims are costing insurers far more than they planned--Today we'll survey the problem, provide solutions, and welcome some special guests, including PHD Doris Milton. Mastering Money is on the air!!
It's a Charles Payne Friday! Charles Payne of Fox Business and this year's Keynote Speaker for Financial Fest coming up Saturday January 27th --joins us for an interesting and surprising interview! But first, we'll check into the science of financial decision making! College textbooks try to tell us we are all rational beings who make rational decisions all the time. Behavioral economists--like Richard Thaler, recent winner of the Nobel Prize in economics, say it's just the opposite. We'll look at the fascinating science revealing why we mostly we make IR-rational decisions--especially when we invest! Don't miss today's show!!
Long-term-care insurance was supposed to help pay for nursing homes, assisted living and personal aides for tens of millions of Americans when they became unable to take care of themselves.
Now, however, the industry is in financial turmoil, causing misery for many of the 7.3 million people who own a long-term-care policy, equal to about a fifth of the U.S. population at least 65 years old. Rates are rising, and benefits are being cut. What can you do and... what SHOULD you do? We’ll explore the GROWING problem and offer several smart solutions!