In this episode, Rob Black and certified financial planner Chad Burton discuss various aspects of personal finance, particularly focusing on retirement planning and the current economic climate. They highlight an upcoming event on income and retirement scheduled for September 26th at the Juniper Hotel in Cupertino, California, where attendees can learn about tax planning, portfolio transitions, and social security. The conversation delves into the implications of the Federal Reserve's anticipated rate cuts, the performance of different market indices, and the importance of total return versus current income for retirees. They also address the significant amount of cash currently sitting in money market funds, emphasizing the need for individuals to invest wisely to combat inflation and ensure long-term financial stability. Additionally, they explore the complexities of annuities, discussing when they might be appropriate and the potential pitfalls associated with high fees and surrender charges. 

Tune in now to learn more!

Timestamps:

[00:02:00] Federal Reserve rate cut discussion.

[00:04:21] Yield curve inversion explained.

[00:10:12] $6.3 trillion in cash.

[00:11:15] Financial Alzheimer's and retirement planning.

[00:15:19] Investing at market highs.

[00:19:20] Smiley face spending in retirement.

[00:23:07] Financial Alzheimer's and market memory.

[00:27:37] Annuities and retirement planning.

[00:30:11] Annuities and their complexities.

[00:32:20] Annuities and retirement income risks.

[00:35:55] Retirement planning for income.

Email your money question to chad@chadburton.com

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.ChadBurton.com

In this episode, Rob Black and certified financial planner Chad Burton discuss various aspects of personal finance, particularly focusing on retirement planning and the current economic climate. They highlight an upcoming event on income and retirement scheduled for September 26th at the Juniper Hotel in Cupertino, California, where attendees can learn about tax planning, portfolio transitions, and social security. The conversation delves into the implications of the Federal Reserve's anticipated rate cuts, the performance of different market indices, and the importance of total return versus current income for retirees. They also address the significant amount of cash currently sitting in money market funds, emphasizing the need for individuals to invest wisely to combat inflation and ensure long-term financial stability. Additionally, they explore the complexities of annuities, discussing when they might be appropriate and the potential pitfalls associated with high fees and surrender charges.  Tune in now to learn more! Timestamps: [00:02:00] Federal Reserve rate cut discussion. [00:04:21] Yield curve inversion explained. [00:10:12] $6.3 trillion in cash. [00:11:15] Financial Alzheimer's and retirement planning. [00:15:19] Investing at market highs. [00:19:20] Smiley face spending in retirement. [00:23:07] Financial Alzheimer's and market memory. [00:27:37] Annuities and retirement planning. [00:30:11] Annuities and their complexities. [00:32:20] Annuities and retirement income risks. [00:35:55] Retirement planning for income. Email your money question to <a href="mailto:chad@chadburton.com" target="_blank" rel="noopener">chad@chadburton.com</a> Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit <a href="https://www.chadburton.com/">www.ChadBurton.com</a>

Rob Black and Certified Financial Planner, Chad Burton, discuss important financial planning and wealth management issues. If you want to learn how to plan for retirement and do a better job managing your investment portfolio... this is the show for you.

Rob Black and Certified Financial Planner, Chad Burton, discuss important financial planning and wealth management issues. If you want to learn how to plan for retirement and do a better job managing your investment portfolio... this is the show for you.

New Focus on Wealth with Chad Burton

Filtering through the “noise” on Wall Street and pointing out the current market issues and news stories that truly affect your path to retirement. Sponsored by EP Wealth Advisors.

Filtering through the “noise” on Wall Street and pointing out the current market issues and news stories that truly affect your path to retirement. Sponsored by EP Wealth Advisors.

New Focus on Wealth

In this episode, Rob Black and certified financial planner Chad Burton discuss various aspects of personal finance, particularly focusing on retirement planning and the current economic climate. They highlight an upcoming event on income and...