Long Story Short

Health insurance has long been treated as non-negotiable, but Adam and Andy are getting more questions than ever from clients wondering whether it's worth the cost. A Bloomberg article on healthy workers dropping employer coverage to save over $1,000 a month captured something they've both been noticing in client conversations for years, and the two walk through why opting out, whether through self-pay, religious health pools, or exchange plans, tends to look better on paper than it plays out in practice. Their advice stays consistent regardless of income level. You're in a "don't screw it up" phase, and a catastrophic health event paid fully out of pocket can undo years of careful planning.

That framing carries into the economic conversation. Andy has been getting questions about Iran, oil prices, and whether the stock market can really be at all-time highs while all of this is happening. The hard data keeps coming back strong. The US economy grew 2% in early 2026, the Atlanta Fed has since updated its Q2 real growth forecast to 3.5%, and jobless claims are declining while retail spending is climbing. Consumer sentiment has been negative for months, but Andy makes the point that it tends to be a contrarian indicator. When sentiment is low and the hard numbers are healthy, that tends to be when staying invested pays off.

The episode closes with the first installment of a recurring segment on Burney's active management process. Andy introduces momentum, explaining how the same instincts behind "let your winners run" and "never catch a falling knife" show up in the academic data, and why the momentum factor has provided very strong returns on a market-neutral basis over the past year.

⏱️ Timestamps: 

• (00:00) The Bloomberg health insurance article and why people are questioning employer coverage

• (01:15) Alternatives people are considering and why they tend to fall short

• (03:57) The "don't screw it up" phase applied to insurance decisions

• (07:21) Is the economy in its own "don't screw it up" moment?

• (08:18) US GDP, the Atlanta Fed's Q2 forecast, and the labor market

• (10:39) Consumer sentiment as a contrarian indicator

• (13:24) Burney's stock selection process and the factor deep dive series

• (15:09) Momentum explained: bull signals, bear signals, and why it works

• (21:15) 5,000 factors, 25 to 50 per model, and why momentum is leading right now

• (23:36) Behavioral investing and knowing when to cut your losses

• (25:44) Wrap and listener questions

• (26:36) Podcast disclosures

Resources:

Long Story Short website | burneywealth.com/podcast

Follow Burney Wealth Management on LinkedIn | www.linkedin.com/company/burneywealthmanagement 

Follow Adam Newman on Linkedin | www.linkedin.com/in/adam-newman-cfa-cfp%C2%AE-mst-ricp%C2%AE-cepa-48853916/ 

Follow Andy Pratt on LinkedIn | www.linkedin.com/in/andyjpratt/ 

Bloomberg Article: Healthy Workers Ditching Company Insurance to Save $1,000 a Month | https://www.bloomberg.com/news/features/2026-04-29/as-health-insurance-costs-rise-workers-leave-employer-plans 

Atlanta Fed GDPNow Q2 2026 forecast | https://www.atlantafed.org/-/media/Project/Atlanta/FRBA/Documents/cqer/researchcq/gdpnow/RealGDPTrackingSlides.pdf 

#HealthInsurance #PersonalFinance #StockMarket #ActiveManagement #InvestingStrategy #WealthManagement #LongTermInvesting #FactorInvesting

The Burney Company is an SEC-registered investment adviser. Burney Wealth Management is a division of the Burney Company. Registration with the SEC or any state securities authority does not imply that Burney Company or any of its principals or employees possesses a particular level of skill or training in the investment advisory business or any other business. This content is for informational and educational purposes only. It is not intended as personalized investment advice or a recommendation.

A Goldman Sachs research report from October 2025 found that 40% of households earning over $500,000 a year report living paycheck to paycheck. Adam and Andy dig into that number, what it tells us about how people relate to money as their income climbs, and why the gap between being rich and being wealthy matters more than most people realize.

The conversation moves into earnings season, where 139 S&P 500 companies have already reported double-digit earnings growth and nearly double-digit revenue growth, despite all the headlines about tariffs, geopolitical risk, and economic uncertainty. Andy explains why staying invested tends to beat reacting to the noise, and shares a stat from Ben Carlson's A Wealth of Common Sense: the S&P 500 has returned 17% annually for the past 17 years.

The episode closes with the same throughline that runs under both conversations. Whether you're building wealth or learning to spend it, patience and discipline tend to get you further than any single financial move.

⏱️ Timestamps:

(00:42) Intro and Andy's weekend at Dominion Raceway

(02:36) Goldman Sachs data on paycheck-to-paycheck living across income levels

(05:12) Lifestyle creep and why income growth doesn't guarantee wealth

(12:11) The distinction between being rich and being wealthy

(14:24) Morgan Housel's definition of wealth and the savings creep strategy

(17:09) Earnings season update and double-digit growth despite the headlines

(19:56) Why fear sells and how to filter market noise

(20:28) The S&P's 17% annualized return over 17 years

(23:13) Podcast disclosures

Resources:

Long Story Short website | burneywealth.com/podcast

Follow Burney Wealth Management on LinkedIn | www.linkedin.com/company/burneywealthmanagement

Follow Adam Newman on Linkedin | www.linkedin.com/in/adam-newman-cfa-cfp%C2%AE-mst-ricp%C2%AE-cepa-48853916/

Follow Andy Pratt on LinkedIn | www.linkedin.com/in/andyjpratt/

Goldman Sachs Asset Management Retirement Survey and Insights Report, October 2025 | https://am.gs.com/en-us/advisors/news/press-release/2025/retirement-survey-press-release

Paycheck to paycheck graph | https://x.com/fintechfrank/status/2048544546053648608/photo/1

A Wealth of Common Sense, Ben Carlson | https://awealthofcommonsense.com/

The Psychology of Money, Morgan Housel | https://www.amazon.com/Psychology-Money-Morgan-Housel/dp/B09Q68BXWL

#LifestyleCreep #WealthBuilding #PersonalFinance #StockMarket #RetirementPlanning #WealthManagement #LongTermInvesting

The Burney Company is an SEC-registered investment adviser. Burney Wealth Management is a division of the Burney Company. Registration with the SEC or any state securities authority does not imply that Burney Company or any of its principals or employees possesses a particular level of skill or training in the investment advisory business or any other business. This content is for informational and educational purposes only. It is not intended as personalized investment advice or a recommendation.

Adam recently earned his CEPA designation through the Exit Planning Institute, and this episode starts with what that means in practice. Selling a business is not a single event. It is a planning process that most owners start far too late. Adam covers the three areas that trip people up most often and why getting a financial advisor involved well before the transaction is more important than most people realize.

From there, Adam and Andy turn to the market hitting all-time highs again, recovering from a 9% peak-to-trough drop in just 11 trading days. With conflict in the Middle East dominating the headlines, clients have been asking how the market can keep going up. Adam and Andy explain what really drives stock prices over time and why the day-to-day noise, as unsettling as it can feel, tends to be just that.

The episode closes with a conversation that comes up regularly with clients who are newly retired or nearing retirement. Should you shift heavily into bonds once you stop working? Andy pushes back on the conventional wisdom, makes the case why stocks still belong in a retirement portfolio over a 20 or 30-year time horizon, and reframes what "income" in retirement means.

⏱️ Timestamps: 

• (00:46) Welcome and intro: Adam's CEPA designation

• (02:39) Why exit planning matters

• (04:27) Three areas where business owners get tripped up before a sale

• (09:31) Common pitfalls and why your advisor should be involved early

• (12:28) The market hits all-time highs in 11 trading days

• (13:29) All-time highs tend to cluster: what the historical data shows

• (14:49) What's actually driving the stock market right now

• (19:27) Clients retiring into a volatile market: should you dial back risk?

• (21:08) The problem with overweighting bonds in retirement

• (23:18) Inflation as the real long-term risk for retirees

• (25:22) Rethinking "income" in retirement: the total return approach

• (27:27) Podcast disclosures

Resources:

Long Story Short website | burneywealth.com/podcast

Follow Burney Wealth Management on LinkedIn | www.linkedin.com/company/burneywealthmanagement 

Follow Adam Newman on Linkedin | www.linkedin.com/in/adam-newman-cfa-cfp%C2%AE-mst-ricp%C2%AE-cepa-48853916/ 

Follow Andy Pratt on LinkedIn | www.linkedin.com/in/andyjpratt/ 

Exit Planning Institute | exit-planning-institute.org 

#ExitPlanning #BusinessOwners #RetirementPlanning #Investing #StockMarket #WealthManagement

The Burney Company is an SEC-registered investment adviser. Burney Wealth Management is a division of the Burney Company. Registration with the SEC or any state securities authority does not imply that Burney Company or any of its principals or employees possesses a particular level of skill or training in the investment advisory business or any other business. This content is for informational and educational purposes only. It is not intended as personalized investment advice or a recommendation.

Recorded the day before Tax Day from Burney's new Nashville office, this episode starts with a habit most people skip once they hit submit on their taxes. Most people never go back and actually read the return, and Adam explains why a few minutes with those pages can be very useful. He walks through what to look for on the first two pages of a Form 1040, why understanding your marginal bracket matters, and how a big income year can quietly set you up to overpay the following year if nobody runs a projection.

From there, Adam and Andy turn to IPOs. With SpaceX, OpenAI, and Anthropic potentially going public, clients have been asking whether they should try to get in. Andy makes the case that missing out on a high-profile IPO is usually fine, and that the most exciting companies to invest in at IPO time are often the worst performers in the years that follow.

⏱️ Timestamps: 

• (01:35) Welcome from the new Nashville office

• (02:50) Tax Day tomorrow, and what to do with your return

• (06:30) Marginal tax brackets and why yours matters for planning 

• (08:10) Starting with the Form 1040 and the first two pages 

• (09:50) Standard deduction vs. itemizing and bunching deductions

• (11:40) Credits, refunds, and avoiding overpayment the following year

• (13:55) Tax projections and the opposite of the ostrich strategy

• (17:35) IPOs are back in the headlines: SpaceX, OpenAI, Anthropic

• (18:28) A list of famous IPOs and what they have in common

• (20:14) Why retail investors rarely get real access anyway

• (24:50) How much would an IPO move the needle in your portfolio? 

• (25:30) By IPO time, most of the growth has already happened 

• (27:50) Wrap-up

• (28:35) Podcast disclosures

Resources:

Long Story Short website | burneywealth.com/podcast

Follow Burney Wealth Management on LinkedIn | www.linkedin.com/company/burneywealthmanagement 

Follow Adam Newman on Linkedin | www.linkedin.com/in/adam-newman-cfa-cfp%C2%AE-mst-ricp%C2%AE-cepa-48853916/ 

Follow Andy Pratt on LinkedIn | www.linkedin.com/in/andyjpratt/ 

Blog Post: Understanding the One Big Beautiful Bill Act | https://burneywealth.com/blog/understanding-the-one-big-beautiful-bill-act 

Have questions you want answered on the podcast? Email [email protected]

#TaxPlanning #TaxReturn #IPO #Investing #WealthManagement #SpaceX

The Burney Company is an SEC-registered investment adviser. Burney Wealth Management is a division of the Burney Company. Registration with the SEC or any state securities authority does not imply that Burney Company or any of its principals or employees possesses a particular level of skill or training in the investment advisory business or any other business. This content is for informational and educational purposes only. It is not intended as personalized investment advice or a recommendation.

Should you open a 529 before your child is born? A Wall Street Journal piece about a retirement researcher who won't fund 529s for his own kids got Adam and Andy talking about a debate that comes up often with clients. Two brothers, similar incomes, completely opposite approaches. They walk through the real trade-offs and why the most important question has nothing to do with which account you pick.

From there, the conversation turns to concentrated stock positions. When a single stock has grown into a huge chunk of a portfolio, most people know they have a problem but don't want to deal with the tax bill. Adam and Andy cover three strategies that come up regularly in those conversations, including the real costs and limits each one carries.

They close with something clients have been asking about. Burney has been building individual stock models since 1974 and actually experimented with neural network technology in the late 1990s. Andy shares what that early attempt revealed, and what separates a genuinely useful AI application from what he calls "AI washing."

⏱️ Timestamps:

(00:43) Intro: funding a 529 before your child is born

(02:09) The Wall Street Journal 529 debate: two brothers, two opposing views

(06:03) Where most families land on college savings

(07:53) Recent changes to 529s: K-12, trade school, and the Roth IRA rollover

(09:02) The key quote: what actually matters most

(10:13) Concentrated stock positions and the $40M Nvidia example

(12:09) First question to ask before any tax strategy

(15:11) Tax-aware long/short, 351 exchange, and exchange funds

(22:00) When simpler is smarter

(23:54) Gifting appreciated stock to family or charity

(24:37) Burney's history with AI and neural networks

(28:25) What makes an AI application in investing actually work

(32:22) Wrap-up

(33:14) Podcast disclosures

Resources:

Long Story Short website | burneywealth.com/podcast

Follow Burney Wealth Management on LinkedIn | www.linkedin.com/company/burneywealthmanagement

Follow Adam Newman on Linkedin | www.linkedin.com/in/adam-newman-cfa-cfp%C2%AE-mst-ricp%C2%AE-cepa-48853916/

Follow Andy Pratt on LinkedIn | www.linkedin.com/in/andyjpratt/

The Wall Street Journal Article: The Financial Planning Expert Who’s Boycotting 529s for His Kids | https://www.wsj.com/personal-finance/the-financial-planning-expert-whos-boycotting-529s-for-his-kids-6c3e32fc

Have questions you want answered on the podcast? Email [email protected]

#529s #CollegeSavings #TaxPlanning #ConcentratedStock #WealthManagement #Investing

The Burney Company is an SEC-registered investment adviser. Burney Wealth Management is a division of the Burney Company. Registration with the SEC or any state securities authority does not imply that Burney Company or any of its principals or employees possesses a particular level of skill or training in the investment advisory business or any other business. This content is for informational and educational purposes only. It is not intended as personalized investment advice or a recommendation.

Spring break had Andy thinking about something that comes up often with clients who have accumulated wealth: the value of spending on experiences over things. Adam connects this to a broader shift toward the experience and convenience economies, and Andy shares a personal story about his grandmother sponsoring family trips that still shape how he thinks about money and memory.

That leads into a practical conversation about the flaws of Monte Carlo analysis, and what should replace it. Adam lays out why Monte Carlo, despite its popularity, tends to push clients toward underspending, ignores realistic adjustments people would naturally make in a downturn, and uses return assumptions that may not match your actual portfolio. The better approach combines a conservative linear plan with dynamic spending guardrails that tell you exactly when to give yourself a raise and when to cut back.

They close on market valuations and forward return expectations. Vanguard and Goldman Sachs are both forecasting roughly 3% annual returns from the S&P 500 over the next decade, well below historical averages. Adam and Andy explain what that means for retirement planning and why the current pullback toward correction territory may actually improve the picture for people with cash on the sidelines.

⏱️ Timestamps: 

• (0:51) Intro: Andy's spring break and the experience economy

• (2:43) Spending on experiences vs. things: why it matters in retirement planning

• (6:18) Why diligent savers often need permission to spend

• (7:54) Andy's grandmother, family trips, and what actually gets remembered

• (9:41) Monte Carlo analysis explained: running your plan a thousand times

• (10:55) Linear planning vs. Monte Carlo: what each one does well and poorly

• (15:08) The problem with aiming for a 90% Monte Carlo score

• (16:28) It doesn't account for natural spending adjustments in downturns

• (19:48) A preferred approach: conservative linear plan plus dynamic spending guardrails

• (23:17) The GPS analogy: dynamic planning vs. a paper map

• (25:13) Vanguard and Goldman Sachs are forecasting roughly 3% annual returns for the next decade

• (27:06) Goldman's sentiment indicator and why low sentiment tends to precede better returns

• (28:44) The lost decade of the 2000s and why diversification paid off then

• (34:26) Podcast disclosures

Resources:

Long Story Short website | burneywealth.com/podcast

Follow Burney Wealth Management on LinkedIn | www.linkedin.com/company/burneywealthmanagement 

Follow Adam Newman on Linkedin | www.linkedin.com/in/adam-newman-cfa-cfp%C2%AE-mst-ricp%C2%AE-cepa-48853916/ 

Follow Andy Pratt on LinkedIn | www.linkedin.com/in/andyjpratt/ 

Have questions you want answered on the podcast? Email [email protected] 

#RetirementPlanning #FinancialPlanning #WealthManagement #InvestingStrategy

The Burney Company is an SEC-registered investment adviser. Burney Wealth Management is a division of the Burney Company. Registration with the SEC or any state securities authority does not imply that Burney Company or any of its principals or employees possesses a particular level of skill or training in the investment advisory business or any other business. This content is for informational and educational purposes only. It is not intended as personalized investment advice or a recommendation. 

The bond market is bigger than the stock market at $130 trillion globally, and a lot of investors treat it like a fortune teller. Adam and Andy dig into what bond market moves actually signal, why rising yields don't always mean bad news, and how the recent spike tied to oil prices fits into the bigger picture.

Adam walks through a surprisingly consistent story in US tax history. Despite top marginal rates that once hit 90%, effective tax rates have hovered between 20 and 30% for decades. Individual income taxes and payroll taxes fund the overwhelming majority of the federal government, and the estate tax, despite all its political attention, has never broken 5% of federal revenue.

They close with news that Burney's Nashville office is officially open.

⏱️ Timestamps: 

• (0:55) Intro: Episode 39 and the "smart money" debate

• (3:17) The bond market is $130 trillion globally, bigger than stocks

• (4:47) What bond investors actually care about: inflation, growth, creditworthiness

• (7:36) What rising yields actually signal vs. what people fear they mean

• (11:32) Conflicting signals: rising rates have historically been a positive for equities

• (13:02) How taxation has changed over decades: estate tax, income tax, payroll tax

• (15:38) Individual income taxes and FICA fund the overwhelming majority of federal revenue

• (18:48) The effective tax rate has stayed between 20-30% despite dramatic rate changes

• (20:18) Nashville office is open

• (23:40) Podcast disclosures

Resources:

Long Story Short website | burneywealth.com/podcast

Follow Burney Wealth Management on LinkedIn | www.linkedin.com/company/burneywealthmanagement 

Follow Adam Newman on Linkedin | www.linkedin.com/in/adam-newman-cfa-cfp%C2%AE-mst-ricp%C2%AE-cepa-48853916/ 

Follow Andy Pratt on LinkedIn | www.linkedin.com/in/andyjpratt/ 

#TaxPlanning #InvestingStrategy #BondMarket #WealthManagement

The Burney Company is an SEC-registered investment adviser. Burney Wealth Management is a division of the Burney Company. Registration with the SEC or any state securities authority does not imply that Burney Company or any of its principals or employees possesses a particular level of skill or training in the investment advisory business or any other business. This content is for informational and educational purposes only. It is not intended as personalized investment advice or a recommendation.

The average IRS tax refund is up 10.6% this year, and Adam explains why: the new tax bill reduced liability, but withholding tables on paychecks never got updated, so millions of people over-withheld through the back half of 2025. A good surprise this year, but a reason to revisit your withholding now.

Adam and Andy open with listener feedback on fraud and financial conversations with adult children, including a real story from a highly educated listener who got targeted by a scam. The takeaway is uncomfortable but important: it can happen to anyone.

Then Andy walks through how Burney builds portfolios beyond US stocks, explaining the asset allocation process, how correlation drives diversification decisions, and why the classic 60/40 portfolio broke down in 2022.

They close on the decumulation dilemma, a concept from retirement researcher David Blanchett that captures something Adam sees constantly with clients: people who spent decades saving end up too afraid to spend in retirement, and their portfolios flatline when they should be funding the lives they planned for.

⏱️ Timestamps:

• (0:45) Intro: Listener engagement and episode 38
• (1:45) Fraud follow-up: a highly educated listener shares how they were targeted
• (3:47) Password reuse: how it opens the door to fraud
• (5:13) Talking to adult children about money and the fear of creating dependency
• (11:00) Listener question: how does Burney build a full portfolio beyond US stocks?
• (12:27) What diversification actually means: low correlation, not just different labels
• (13:45) International stocks: 35% of global market cap, and why that matters
• (14:56) Bonds, alternatives, and what to do when correlations break down
• (17:00) This is not a static process: asset allocation evolves
• (19:10) ETFs vs. direct investing: where Burney uses each
• (22:20) Tax refunds up 10.6%: what's driving it and what to do now
• (24:37) Adjusting your withholding for the rest of 2026
• (28:47) The decumulation dilemma: why retirees underspend
• (32:00) The fear of outliving your money and how planning addresses it
• (33:53) Defining what your own retirement mountain actually looks like
• (35:37) Podcast disclosures

Resources:

Long Story Short website

Follow Burney Wealth Management on LinkedIn

Follow Adam Newman on Linkedin

Follow Andy Pratt on LinkedIn

David Blanchett’s Post: “The Decumulation Dilemma”

Ep 26: Cybersecurity Episode with Max Alles

#RetirementPlanning #TaxPlanning #PortfolioManagement #WealthManagement

The Burney Company is an SEC-registered investment adviser. Burney Wealth Management is a division of the Burney Company. Registration with the SEC or any state securities authority does not imply that Burney Company or any of its principals or employees possesses a particular level of skill or training in the investment advisory business or any other business. This content is for informational and educational purposes only. It is not intended as personalized investment advice or a recommendation.

Oil jumped above $100 a barrel after last week's Iran episode podcast aired. Markets stayed choppy through the back half of the week, and Adam and Andy open episode 37 by following up with data that might surprise you. When oil prices are rising, average annual S&P 500 returns have historically been higher than when oil prices are falling.

Then Andy pulls back the curtain on how Burney actually selects stocks. The process starts with size and style positioning, runs through a quantitative model that scores over 3,000 stocks across nine sector-specific frameworks, and gets a human check before anything goes into client portfolios. The investment committee meets monthly. Headlines about Iran don't drive the decisions.

They close on a topic that's more personal than financial. Fraud targeting adults over 60 hit $700 million in reported losses in 2024, five times the 2020 amount. Adam and Andy cover the warning signs to watch for in family members and the protective measures to put in place before something goes wrong.

⏱️ Timestamps: 

• (0:00) Intro: Markets stayed choppy after last week's Iran episode

• (1:33) Oil jumped above $100 a barrel over the weekend

• (2:44) Ben Carlson's data: S&P returns are actually higher when oil prices rise

• (4:28) Volatility cuts both ways: biggest up days cluster near biggest down days

• (7:39) Listener question: how does Burney pick stocks?

• (9:19) Start with size and style: tilting toward where momentum is

• (11:42) The quantitative model: 3,000+ stocks, nine sector-specific frameworks

• (13:24) Where the human sanity check comes in

• (19:32) Fraud targeting adults over 60: $700M stolen in 2024

• (21:30) Impersonation scams up fivefold since 2020

• (22:09) Warning signs to watch for in family members

• (23:33) Protective steps: trusted contacts, power of attorney, transaction alerts

• (25:06) How to approach a family member you suspect has been targeted

• (39:00) Podcast disclosures

Resources:

Long Story Short website | burneywealth.com/podcast

Follow Burney Wealth Management on LinkedIn | www.linkedin.com/company/burneywealthmanagement 

Follow Adam Newman on Linkedin | www.linkedin.com/in/adam-newman-cfa-cfp%C2%AE-mst-ricp%C2%AE-cepa-48853916/ 

Follow Andy Pratt on LinkedIn | www.linkedin.com/in/andyjpratt/ 

Ben Carlson’s Article “How Do Higher Oil Prices Impact Stock Market Returns?” | https://awealthofcommonsense.com/2026/03/how-do-higher-oil-prices-impact-stock-market-returns/ 

Vanguard Article “Protecting your inner circle from financial fraud” | https://investor.vanguard.com/investor-resources-education/article/protecting-your-inner-circle-from-financial-fraud 

Ep 26: Cybersecurity Episode with Max Alles | https://burneywealth.com/podcast/cybersecurity-guide-max-alles-long-story-short-episode-26 

#WealthManagement #InvestingProcess #FraudPrevention #RetirementPlanning

The Burney Company is an SEC-registered investment adviser. Burney Wealth Management is a division of the Burney Company. Registration with the SEC or any state securities authority does not imply that Burney Company or any of its principals or employees possesses a particular level of skill or training in the investment advisory business or any other business. This content is for informational and educational purposes only. It is not intended as personalized investment advice or a recommendation.

Markets opened down Sunday night after the US launched a full-scale military operation in Iran. By Monday afternoon, all major indexes were in the green. Since that initial reaction, the market has moved down for the week. Adam and Andy dig into what history actually shows about how markets respond to geopolitical events and why the phones have been quiet.

Then they answer two listener questions. First, should you borrow from your 401(k)? Adam walks through how the loan works, who it might make sense for, and when it becomes a red flag. Second, what happens with Medicare when you turn 65 but you're still working? The answer depends almost entirely on how many employees your company has.

They close with a ranking of overused finance buzzwords: stagflation, inverted yield curve, and the Strait of Hormuz.

⏱️ Timestamps:

(1:13) Intro: US military operation in Iran

(3:07) What does the war in Iran mean for the markets?

(4:17) What history shows about markets after geopolitical events

(7:03) Why global events often don’t impact markets as much as you might expect

(10:30) Listener Q: Should you borrow from your 401(k)?

(11:07) How a 401(k) loan works: limits, interest rate, repayment

(13:13) The big risk: what happens if you leave your job

(14:47) Who it makes sense for and who should avoid it

(18:12) Listener Q: Medicare at 65 while still working

(19:37) The key question: does your employer have fewer or more than 20 employees?

(23:26) HSA nuance: what changes once you enroll in Medicare

(25:21) Finance buzzword ranking: Strait of Hormuz, inverted yield curve, stagflation

(27:50) Podcast disclosures

Resources:

Long Story Short website

Follow Burney Wealth Management on LinkedIn

Follow Adam Newman on Linkedin

Follow Andy Pratt on LinkedIn

#retirementplanning #medicare #personalfinance #wealthmanagement

The Burney Company is an SEC-registered investment adviser. Burney Wealth Management is a division of the Burney Company. Registration with the SEC or any state securities authority does not imply that Burney Company or any of its principals or employees possesses a particular level of skill or training in the investment advisory business or any other business. This content is for informational and educational purposes only. It is not intended as personalized investment advice or a recommendation.