Your Daily IQ Retirement Brief 2/21/22
Today on Mastering Money...It’s a MOTLEY FOOL MONDAY!! The Motley Fool Money Show is one of the most popular stock market TALK SHOWS in America today, featuring timely insights from top analysts. "MOTLEY FOOL MONEY" is heard by millions of listeners coast to coast—including Saturdays right here on Money Radio at 5pm! First we'll update breaking financial news and get a read on all the indexes, THEN, we'll take you to an exclusive broadcast of the Motley Fool Money Show, with fresh ideas to help you become a more informed investor. Steve will cap it off with proven money-making and money-SAVING ideas that you DON'T want to miss! -- A jam-packed show --and we're READY TO ROLL ! ... MASTERING MONEY IS ON THE AIR!!!
Strenuous, stressful work can wear people down and damage their health. In that case, RETIRING can relax and reinvigorate their lives. They finally have time to follow their passions and pursue activities that enrich their lives. But for others, the risks of retirement can involve bad health and even early death, says the Wall Street Journal. Although you might think that retiring would give a person more time to go to the gym, watch their diets, take longer walks, and work on their physical fitness, the opposite often occurs. Many retirees become sedentary and watch too much TV. They eat too much. They drink too much. They smoke too much. And, sometimes, they die too soon. Researchers find that without the purpose of fulfilling work, many retirees can feel adrift and become depressed. We'll review the Journal's statistics on retirement that may SHOCK you! Then health insurance expert Shelley Grandidge joins us for the Q & A. Don't miss it...MASTERING MONEY is on the air!!
Your Daily IQ Retirement Brief 2/18/22
Your Daily IQ Retirement Brief 2/17/22
We all know the difference between a mutual fund, a pension, and a savings account . You don’t spend too much time thinking about what a savings account IS, but rather, what it DOES for you. The same with a pension. A pension has one purpose: to pay you an income you can never outlive. Easy stuff. Mutual funds have typically one main purpose: to help you try to grow your money, but with more risk than a bank account or a pension. So, what is an annuity? Well, it can combine all of these features in one instrument. Today, we'll break down the basics of annuities to help make them simple and easy to understand. A fact filled show you don't want to miss, MASTERING MONEY is on the air!!!
Your Daily IQ Retirement Brief 2/16/22
While the stock market may dip due to the PSYCHOLOGICAL effects of a recession or unexpected event, there is a big difference between a dip and a crash. As an investor, you are wise to understand that difference. Unfortunately, scary headlines about BOTH often push skiddish investors to do the exact opposite of what they should do when a recession, a dip, or surprising event occurs. Rather than seeing OPPORTUNITY, like professional investors do, many investors panic, and end up selling high quality holdings at precisely the wrong time—destroying any chance of being successful over the long run. They climb back in later, after licking their wounds, and locking in losses. Today, we'll lay out the clear steps for protecting your retirement portfolio from the unexpected and setting yourself up to achieve long term goals. Then Medicare specialist Shelley Grandidge joins us for the Q & A. A timely show you don't want to miss MASTERING MONEY
Your Daily IQ Retirement Brief 2/15/22
Today on Mastering Money, a very special guest joins us--Chris Hill, long time Wizard for the Motley Fool and host of the Motley Fool Money Show. Steve and Chris will share views on the market. But first..…Planning a financial portfolio for retirement is much like building a custom home. To build a custom home, you start with a blueprint that details not only what your house will look like, but how the individual components will come together--starting with the Foundation. To do it right, you must first know what your objectives are. You and your designer work together to draw a plan that includes every room and every detail of each room until you have a full set of construction plans, plus a list of materials and resources needed to build the house in a timely manner. Today, we'll discuss how to build a financial plan for retirement that can weather all storms, MASTERING MONEY is on the air!!