The trade war between President Trump and China’s President, Xi Jinping is waging even more now. After Beijing increased tariffs on $60 billion of U.S. goods, President Trump is ready for a sit down. Do you think they will come to terms?

After that heavy debate, we discuss whether it’s worth it to buy a timeshare. Can the pros outweigh the cons? The maintenance alone could be the caveat to your decision. 

Speaking of spending money…. Do you know what the biggest money wasters are for the average American? If you said tattoos and shoes, you might be on to something! 

Here’s what was covered in this episode: 

Quick Trump Tariff War Updates
(Morningstar)

So, Should I Purchase That Timeshare?
(SGL Financial)
 

Listener Q&A - Joe from Mt. Prospect - Should my Trust be the Beneficiary of my IRA?
(Joe, Mount Prospect)

Retirement money Wasters
(Marketwatch)

What Does it Take to be a Millionaire
(Yahoo Finance)

Best Companies for Employees
(Yahoo Finance)

America’s Strongest Workforce, Managing Your RMDs, G.O.T. Spoiler Alert and the Costs for Medicare

Baby boomers are still America’s strongest workforce today. What’s in store for the rest of us once that generation is retired?

After that segment, we take a closer look at Required Minimum Distributions and the options you may have lurking behind your door. Should you convert to Roth? Should you reinvest? Or should you take the money and run like Starbucks did from G.O.T.’s last episode?

Lastly, we discuss the various options that Medicare has to offer and how much it really costs… Oops, did you think it was free? 

Here’s what was covered in this episode:

Elderly Workforce Has Doubled Since 1985
(Yahoo)

The Key Essentials of RMDs
(Yahoo Finance)

Starbucks Gets $2.3 Billion in free Advertising for Game of Thrones mishap
(CNBC

What You Need to Know About Medicare
(CNBC

Walmart Doubling Down on Robot Janitors
(CNN)

• 8 Steps to Appeal Your Property Tax Bill [Kiplinger]
• Listener Q&A - Should I Convert My 401(k) to a Roth if I Plan to Retire in 10 Years? [Ken, Arlington Heights]
• Listener Q&A - What Should I Do With My Old Annuity from 8 or 9 Years Ago? [Richard, Northbrook]
• 20 Best Summer Vacations [U.S. News]
• Shocked by Your Tax Refund? Next Year Could Be Worse Unless You Act Now [The New York Times]
• Social Security Shortfall: Trust Fund to Run Dry in 2035, Trustees Predict [Fox Business]
• Garrett Popcorn Alleges Former Employee Stole Secret Recipes [Chicago Tribune]

• The No. 1 Question Americans Ask Most About Retirement [MarketWatch]
• Gas Price Climbs to Another Record High for 2019 [MSN Money]
• 5 Ways to Save on Long Weekend Travel [Yahoo! Finance]
• Should We Fear an Inverted Yield Curve? [Allianz Global Investors]
• Here's What Happened After Illinois' Income Tax Jumped 67% [Crain's Chicago Business]
• Schwarber, Cubs Beat Pirates 10-0 in Wrigley Opener [NBC Chicago]