...It’s a MOTLEY FOOL MONDAY!! The Motley Fool Money Show is one of America’s most popular radio programs dedicated to making money in the Stock Market. It's been heard by millions of listeners over the years across America--including right here on Money Radio, and now you can hear a special re-broadcast every Monday as part of MASTERING MONEY on Money Radio, presented by IQ Wealth! Get key insights on the week's top business and investing stories plus an inside look at stocks on Chris and Seth's radar...It's a power-packed show for you today that you don't want to miss...MASTERING MONEY is on the air!
Americans’ wealth pushed further into record territory last year, hitting nearly $100 trillion dollars, thanks to rising stock markets and booming real estate prices. Household net worth—the value of all assets such as stocks and real estate minus liabilities like mortgage and credit-card debt—rose more than $2 trillion dollars last quarter to an all-time record of $98.7 trillion dollars! U.S. households also saw their net worth rise to nearly seven times their disposable personal income in 2017, swelling past earlier pre-recession peaks, but experts warn that Americans are suddenly not saving money like they were a few years back. Previous busts—like 2001 and 2008—were preceded by similar periods of rising asset values and low savings rates. Today on Mastering Money, we'll compare today's financial trends to previous bull and BEAR markets. You definitely don't want to miss today's show. MASTERING MONEY is on the air!
You retire only once, so its important to get it right the first time! But how do you know if you’re truly prepared financially.. to retire? According to an MIT Economist, it starts by answering 8 essential questions with clarity, and confidence. Then there are several time-tested rules of thumb to determine if you have enough to retire for the long haul. If you’re in your 50’s or 60’s and retirement is on the horizon for you in the next 3 to 10 years learn what these 8 questions are and how to know if you truly have enough tucked away. You don't want to miss today's show--MASTERING MONEY is on the air!!
Are bond mutual funds safe? Are they a good source of retirement income? Do they belong in your portfolio, and is this a good time to own bond mutual funds and ETFs—Today we’ll review how the bond market works and how bond mutual funds can indeed lose money-- rather easily-- in a market like this. Also is it possible to find a safe income of 7.3 percent to 8.3 percent, rather than sitting around in low duration bond funds, steadily losing money? You've got questions, we've got answers! MASTERING MONEY is on the air!
It’s 2018 and Americans are more burdened by student loan debt than ever! In fact, the average student loan debt for Class of 2017 graduates was $39,400*-- up six percent from the previous year. You’ve probably heard the other scary statistic: Americans owe over $1.48 trillion dollars in student loan debt. That’s about $620 billion dollars more than the total of all U.S. credit card debt! And now, a fast growing new class of student loan borrower is developing: those who owe one million dollars or more! And I'll bet you didn't know their loans get forgiven once they hit $2 million dollars! The fact is that most student loans will likely never be paid back. Today, we'll explore the problem and how it could affect YOU--even if you are an innocent retiree, simply minding your own business!! MASTERING MONEY is on the air!!
Do you know the five secrets to happiness in retirement? Five major factors were repeated most often in a recent study of 1,400 retirees in 46 states. This study, combined with the University of Michigan Health and Retirement Study found that money DOES buy happiness up to a certain point, but once that dollar number is hit, more money does not make you any happier! Here's a hint: the number is less than a million dollars but more than half a million. We'll reveal the exact number found in the study, plus the number one FACTOR leading to happiness, which is NOT money, cited by eighty-one percent of all those surveyed.
MASTERING MONEY is on the air!
New research published in the Wall Street Journal has determined that the long-standing 4% withdrawal rule for retirement income has officially changed to the THREE percent rule. That's right--while you were minding your own business, you got a pay cut and it could be permanent if you continue to follow the conventional wisdom! The biggest names in the retirement research arena have begun to warn that following old rules and old assumptions can put a retiring couple at great risk of running out of money due to two key factors: We'll tell you what they are and how you can turn the numbers around to work in your favor with a unique NEW strategy!! MASTERING MONEY is on the air!
Yesterday on Mastering Money, we reviewed what are known as non-spouse inherited IRAs. We learned that the rules for IRAs left to a brother, sister, niece, nephew, or other non-spouse have very specific rules that must be followed to a “T” by the beneficiary. Today, we'll review the many choices that a surviving spouse has when inheriting an IRA, including whether or not to take over the IRA herself or to remain a beneficiary, and three key strategies for making sure your surviving spouse is well taken care of, even without buying any life insurance. You've got questions, we've got answers--MASTERING MONEY IS ON THE AIR!
If you are the son, daughter, brother, sister, or even a close friend of an IRA owner who has named you as their beneficiary, it's important that you—and the owner of the IRA—understand the rules that govern IRA inheritances. Inherited, NON-SPOUSE IRA’s are a relatively new topic, and often misunderstood. One of the most common mistakes is the assumption that the non-spouse beneficiary can move the IRA into his or her own IRA. That’s not allowed. It must remain separate. There are some very tricky rules that you will want to be very clear on---but we will simplify them for you today in the Market Intel segment. Then agricultural commodity expert Terry Shveda with Decadian joins us for the Q & A. A big show today that you DON'T want to miss! MASTERING MONEY is on the air!!
...It’s a MOTLEY FOOL MONDAY!! The Motley Fool Money Show is one of America’s most popular radio programs dedicated to making money in the Stock Market. It's been heard by millions of listeners over the years across America--including right here on Money Radio, and now you can hear a special broadcast every Monday as part of MASTERING MONEY on Money Radio, presented by IQ Wealth. Get background on the week's top business and investing stories plus an inside look at stocks on their radar...It's a power-packed show for you today that you don't want to miss...MASTERING MONEY is on the air!