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Shotwell Rutter Baer episodes

December 30, 2024S3E46 – Preventing Identity Theft in Retirement
Identity theft and fraud can pose significant risks to retirees, especially as scammers adapt their methods to exploit those aged 60 and above. This episode addresses how identity theft impacts retirees, the common scams targeting them, and actionable steps to safeguard your financial security in retirement. With insights drawn from the Federal Trade Commission’s latest findings and real-life scenarios from our clients, we uncover red flags, preventative measures, and the importance of staying vigilant.
https://youtu.be/vnURdPNK-sY
Key Topics Covered
Who Scammers Target
Surprising stats reveal the two age groups most commonly targeted by fraudsters, with retirees in the 60+ demographic at high risk due to tech support scams, fake prize schemes, and impersonation fraud.
Biggest Frauds for Retirees:
Tech support scams posing as antivirus or Geek Squad representatives.
Social Security and Medicare fraud often prompt victims to “verify” personal data via fake links or calls.
High-pressure sales tactics at seemingly legitimate investor dinners.
What the Statistics Show:
Average financial loss increases significantly with age, reaching $1,500 per scam for those aged 80+.
Scams come from various channels, including phone (24%), online (21%), and even social media (15%).
Steps to Protect Yourself:
Always verify legitimacy by conducting independent research on any unsolicited offers.
Never reveal your Social Security number in public or carry your card unnecessarily.
Monitor your benefits and secure your accounts through trusted cybersecurity measures.
Be wary of offers promising high, risk-free returns, and take time to make investment decisions.
Resources Mentioned
Federal Trade Commission Fraud Data
Learn about common scams and tips on how to avoid fraud at ftc.gov.
Investor.gov
Check out this trustworthy resource for avoiding retirement and investment scams.
ssa.gov Security Features
Protect your Social Security with tools and resources on the official website at ssa.gov.
Key Takeaways
Fraudsters often exploit retirees due to perceived vulnerabilities—stay skeptical, especially of unsolicited calls or emails.
Scams targeting tech support, Social Security, and investment funds are common; question high-pressure sales tactics and ensure legitimacy.
Always investigate the credibility of “offers” and rely on licensed professionals or verified government agencies when engaging with your financial details.
Stay Connected:
Subscribe for updates and new episodes every week!
Got a question? Email us at [email protected]
Don’t Forget to Share the Love!
If you enjoyed this episode, please leave us a review or share it with your friends. The best conversations happen around the table—yours or ours!
If you’re worried about keeping your retirement savings secure, or you’ve encountered a questionable offer, don’t hesitate to reach out to us at Shotwell Rutter Baer. We’re here to help you protect what you’ve worked hard for. Get in touch with us or visit our website to schedule a consultation at srbadvisors.com.
22 min
December 16, 2024S3E45 – November Retirement Planning Headlines
We read the news so you don’t have to!
Welcome to The Kitchen Table Finance Podcast, the show where we explore the big questions, trends, and stories shaping our lives.
Today, we’re diving into the key retirement headlines from November. Retirement isn’t just about money—it’s a major life transition, and this month’s stories highlight the emotional, social, and financial challenges that come with it.
We’ll cover:
The identity shift of leaving work behind—Who will you be without your job? Americans are deeply tied to their work identities, and we’ll explore strategies like “identity bridging” to navigate this transition.
The pitfalls of poor planning—From underestimating healthcare costs to taking Social Security too early, we’ll review common mistakes retirees make and how to avoid them.
Long-term care fears—With only a fraction of retirees covered by LTC insurance, we’ll discuss innovative solutions like the “4th bucket” strategy and what to do if you’re unprepared.
Finding purpose after retirement—Whether it’s hobbies, social connections, or even continuing to work, we’ll look at how to stay fulfilled and avoid the dreaded mid-retirement slump.
And of course, we’ll dig into a cautionary tale of retirees falling for high-risk investments, showing why financial literacy is more important than ever.
Retirement is about more than leaving work—it’s about reimagining your life. Let’s dive into these stories and uncover what it takes to retire without regrets.
https://youtu.be/wvhLx5FNQFE
The Headlines We Discuss in This Episode
Harvard prof who spent 10 years studying retirees: How to ensure a ‘smooth transition into a satisfying retirement life’
Important to ask yourself Who will I be without my work?
Americans tend to identify closely with their work
What to do if you can’t fully answer the question
Ask yourself, Would I be more likely to say that my work is what I do or my work is who I am?”
List core self-identities as they are currently and how you want them to be “identity bridging”
This retiree accepted an investment broker’s invite for dinner at Ruth’s Chris — the decision cost him $158K
A story as old as time?
While investors like Wilson earned a whopping 9% monthly return, brokers were earning up to 8% in commissions from GWG.
Planning Your Retirement: What Not To Do
Underestimating health care costs – LTC
Overspending
Taking Social Security benefits too early
Miscalculating your RMD
Worried About Long-Term-Care Expenses? Let’s Do Something About It.
Worrying about a potential LTC need keeps retirees from maximizing spending or making gifts to loved ones or charities
59% say they are concerned about running out of money to pay for LTC – AARP
#2 on the list of retirement worries according to the Society of Actuaries
Only $7Mil out of 75 mil over age 60 are covered by LTC Insurance
4th bucket as a strategy to solve LTC
How much to put in – Genworth LTC study, age of needing care average (81)
What types of investments to use: based on the age of likely use as a starting point
Where to hold the funds (IRA, ROTH, after-tax)
Back-up plan
Reverse mortgage
Retire Without Regrets
Huge life transition
Irene age 64 technical writer shifted easily and wished she’d left earlier
Lawrence struggled after a few months and ended up in rehab
Retirement is a transition that involves several key phases: making the decision to stop working; detaching from work; experimenting with new relationships, activities, and social groups; and establishing a new, reasonably stable life structure
Research found satisfied retirees demonstrate four key behaviors through the phases of the four A’s
Alignment between self and life structure
your central identities, needs, values, preferences, motivations, personality dispositions, and even health
Awareness of the interplay between the two
Agency in making changes in the self or life structure
Adaptability in the face of events out of their control
Use the three other A’s to find alignment between self and life structure
Awareness – getting a clear view of your self and life structure
We use the ideal day/week/year
Agency – take control
Ask yourself these two questions:
What minor tweaks or major changes can I make in my life structure to have better alignment
Is there anything I want to change about my current self to improve alignment – getting healthier to be able to try more things
Adaptability
Accept, adjust & adapt
List two events (one good one bad) that might alter your life structure and think about how you would solve them. What resources do you have, etc?
How To Have A Happy Retirement: 4 Secrets From Research
In year 1 of retirement healthy retirees rate overall quality of life higher than those still working
Between 1 and 2 we see retirees hit a low point with dropping quality-of-life ratings
Retirement is new and poorly defined
Have a plan beyond finances – how will you invest your time?
You may want to keep working – Just because everyone retires at 65 doesn’t mean you have too
Get a hobby – Find something you are passionate about
Get social – replace your coworker’s social group. Have friends and see them often
Stay Connected:
Subscribe for updates and new episodes every week!
Got a question? Email us at [email protected]
Don’t Forget to Share the Love!
If you enjoyed this episode, please leave us a review or share it with your friends. The best conversations happen around the table—yours or ours!
About Shotwell Rutter Baer
Shotwell Rutter Baer is proud to be an independent, fee-only registered investment advisory firm. This means that we are only compensated by our clients for our knowledge and guidance — not from commissions by selling financial products. Our only motivation is to help you achieve financial freedom and peace of mind. By structuring our business this way we believe that many of the conflicts of interest that plague the financial services industry are eliminated. We work for our clients, period.
Click here to learn about the Strategic Reliable Blueprint, our financial plan process for your future.
Call us at 517-321-4832 for financial and retirement investing advice.
0 min
December 13, 2024S3E44 – 5 Insights for Retirement Investors in 2025
Welcome to the Kitchen Table Finance Podcast!
Get ready to tackle 2025 with confidence! This episode dives deep into five key insights every retirement investor must know to stay ahead of the curve. From understanding market trends to making sense of rate cuts and stock valuations, we arm you with the knowledge you need to make smarter investment decisions. Join us as we recap the surprises of 2024 and use data-driven strategies to forecast what 2025 might hold for investors like you.
https://youtu.be/aHu7sQs7yFA
What You’ll Learn in This Episode:
The Recap of 2024: Analyzing last year’s surprising economic performance and how it helped steer clear of the predicted “hard landing” recession.
The Power of Diversification: Why being selective with your investments matters in a market driven by expensive valuations.
Fed Rate Cuts & Inflation Insights: What does the easing of rates in 2025 mean for bondholders, and how should this influence your strategy?
Political Policies & Market Dynamics: How a pro-growth government post-election may affect the investment landscape.
Long-Term Return Strategies: Understanding price-to-earnings ratios and how to prepare for moderated but positive returns.
Quotable Moments:
“Excessive worry can lead retirees to make poor decisions that don’t serve their long-term interests.”
“The stock market’s successful years are exciting, but they come with essential lessons about evaluation and future returns.”
“Being diversified isn’t just about the upside—it also protects you on the downside.”
Call to Action:
If you’re ready to start planning your retirement investments for 2025 or simply want to learn how to fine-tune your portfolio, don’t miss this insightful episode! Tune in now to stay enlightened and empowered—and don’t forget to subscribe for future updates and episodes!
We’d love to hear from YOU! Leave a comment or share your thoughts on how you’re preparing for 2025. Looking for financial guidance? Contact us anytime—we’re here to help you make every dollar count.
Visit us at Shotwell Rutter Baer to learn more about our straightforward, practical financial planning services! Whether you’re years away from retiring or about to cut that cake at the office, we’re here to help you build your dream future.
Stay Connected:
Subscribe for updates and new episodes every week!
Got a question? Email us at [email protected]
Don’t Forget to Share the Love!
If you enjoyed this episode, please leave us a review or share it with your friends. The best conversations happen around the table—yours or ours!
Shotwell Rutter Baer | Financial Advice for Real Life | Your fiduciary partner in retirement success.
22 min
November 27, 2024S3E43- Gratitude For Your Retirement Plan
This Thanksgiving-themed episode dives into the powerful role gratitude plays in retirement planning. Hosts Nick Nauta and Cole Williams discuss everything from practicing gratitude in financial planning to historical perspectives on retirement. Plus, hear their personal stories of thankfulness and why focusing on the positives can shape a healthier, more intentional retirement.
https://youtu.be/EVtiTnnkNtQ
Key Topics Covered:
The Power of Gratitude:
Research-backed benefits of gratitude practices, include improved well-being, sleep, lower cortisol levels, and reduced envy and resentment.
How gratitude ties into mental health and financial stress, which affects 72% of Americans according to the APA.
Applying Gratitude to Retirement Planning:
Noticing positives in your retirement savings, such as investment gains and financial milestones achieved.
Acknowledging the privilege of planning for retirement, a concept that didn’t widely exist 100 years ago.
Shifting Focus to What Really Matters:
Tailoring plans to reflect personal values and priorities rather than comparing your retirement lifestyle to others.
Reducing the tendency to compare yourself to others—what you want may not align with someone else’s lifestyle, and social media often misrepresents reality.
Living in the Present:
Using gratitude as a tool to encourage “being in the moment” rather than worrying excessively about future market volatility or hypothetical risks.
Enjoying the process of retirement planning as a reflection of your biggest life priorities.
Personal Stories of Gratitude:
Hosts share what they’re thankful for this year, including good health, healing injuries, and family.
The reminder that even small things—like returning to a beloved activity like snowboarding—can foster gratitude.
Quotes from the Episode:
“Gratitude doesn’t just change your perspective—it changes your financial health. It helps you focus on what really matters rather than obsessing over what could go wrong.”
“Retirement planning is, at its core, not just about dollars and cents—it’s about figuring out what YOU value and designing your future around that.”
“We live in a time and place where you can save enough to take the last 30 years of your life off from work. That’s a privilege almost unheard of in history.”
Studies Mentioned:
A 2003 study from Psychological Science shows gratitude improves well-being and sleep quality, and reduces negative emotions like envy.
A 2009 study showing gratitude reduces cortisol levels, helping with stress and anxiety.
Takeaways & Action Items:
Start incorporating a gratitude practice into your retirement planning. Focus on the positives in your financial achievements and avoid falling into the comparison trap.
Be thankful for every small milestone in your financial plan and design it around what genuinely matters to you.
Speak to a financial planner for guidance in aligning your goals with your values while practicing gratitude.
Call to Action:
Have gratitude—or questions—about your retirement plan? Reach out to us today to learn how we can make your retirement planning process more rewarding.
26 min
November 25, 2024S3E42- Does Warren Buffett Think You Should Change Your Retirement Allocation?
What does Warren Buffett’s latest financial move mean for your retirement portfolio?
This week, we’re unpacking the headlines surrounding Buffett’s portfolio adjustments. With $365 billion in cash at Berkshire Hathaway’s disposal, Buffett’s strategy has sparked speculation. Is he gearing up for a financial crisis, or simply staying true to his principles as a value investor?
We’ll explore Buffett’s recent stock sales (including major holdings like Apple and Bank of America), his cautious approach to the current high market valuations, and the role of bonds in his portfolio. Most importantly, we’ll answer what it all means for everyday investors managing their own portfolios, especially those nearing or in retirement.
This insightful episode will help you put Buffett’s moves into perspective and guide you on how to approach your own portfolio allocation with confidence.
The article we reference from The Wall Street Journal: Does Warren Buffett Know Something That We Don’t?
https://youtu.be/sAoPeC_CJ34
What You’ll Learn in This Episode
Why Warren Buffett keeps increasing cash reserves in Berkshire Hathaway and what it signals.
How high market valuations and rising interest rates impact his decision-making.
The difference between Buffett’s strategies and what works for individual retiree portfolios.
Factors like age, market psychology, and tax considerations that may influence Buffett’s moves.
How bonds fit into Warren Buffett’s and everyday investors’ strategies.
What valuable lessons we can (and can’t) take from Buffett’s playbook?
Key Takeaways
Buffett’s cash-heavy position may not indicate an impending financial crisis but rather a lack of undervalued opportunities in today’s high-priced market.
Individuals shouldn’t model their retirement strategy directly after Buffett—he’s playing on a different field without personal income needs.
Bonds are becoming a more attractive option for conservative investors in a rising interest rate environment.
Managing your expectations for market performance in the next few years is crucial, especially as valuations remain high.
Quotes from the Episode
“If you’re sitting on $365 billion in cash, that’s not just caution—it’s strategy in action.”
“Buffett’s moves may look like a macroeconomic signal, but for individuals, it’s about remembering your goals, time horizon, and risk tolerance.”
“At 94, Buffett’s approach includes more than valuation—it reflects life stage and legacy planning, factors every retiree should consider in their own way.”
Want to Learn More?
If you’re wondering how to adjust your portfolio without the stress of second-guessing market moves, we’re here to help. Schedule a free consultation with one of our advisors today to create a strategy tailored to you and your unique goals.
Click here to book your free consultation now!
Connect with Us
Have a question? Call us at 517-321-4832 or email [email protected].
Subscribe and leave a review if you enjoyed this episode. Your feedback helps us bring more insightful content to listeners like you!
About Shotwell Rutter Baer
Shotwell Rutter Baer is proud to be an independent, fee-only registered investment advisory firm. This means that we are only compensated by our clients for our knowledge and guidance — not from commissions by selling financial products. Our only motivation is to help you achieve financial freedom and peace of mind. By structuring our business this way we believe that many of the conflicts of interest that plague the financial services industry are eliminated. We work for our clients, period.
Click here to learn about the Strategic Reliable Blueprint, our financial plan process for your future.
Call us at 517-321-4832 for financial and retirement investing advice.
18 min
November 19, 2024S3E41 – Retirement and Markets Over the Next Four Years
In this episode, we explore the potential impact of recent political developments on retirement planning and market trends over the next four years. With Dave on vacation, Cole Williams, our associate advisor, steps in to discuss the implications of the presidential election and the upcoming sunset of the Tax Cuts and Jobs Act. We also touch on tariffs and their potential economic ramifications.
https://youtu.be/GGUpKS18eOs
Key Topics Covered
Impact of the Presidential Election
The role of the election in determining tax policies.
Analysis of the Tax Cuts and Jobs Act, set to sunset in 2026.
Examination of political gridlock and its implications for tax legislation.
The SALT Cap and Tax Deductions
Explanation of the $10,000 SALT cap and its effects on taxpayers.
Discussion of the Alternative Minimum Tax (AMT) and its relevance.
The implications of the higher standard deduction introduced in 2017.
Market Reactions and Economic Consequences
Positive market response following the election results.
Discussion on corporate tax rates and the Qualified Business Income (QBI) deduction for small businesses.
Conclusion
We encourage our listeners to contact us if they wish to explore the political aspects discussed further. If you have any questions about your retirement planning or investments, please contact Shotwell Rutter Baer.
Call us at 517-321-4832 for financial and retirement investing advice.
Subscribe and follow us to stay informed about changes and updates regarding tax legislation and market trends to better plan your financial future.
About Shotwell Rutter Baer
Shotwell Rutter Baer is proud to be an independent, fee-only registered investment advisory firm. This means that we are only compensated by our clients for our knowledge and guidance — not from commissions by selling financial products. Our only motivation is to help you achieve financial freedom and peace of mind. By structuring our business this way we believe that many of the conflicts of interest that plague the financial services industry are eliminated. We work for our clients, period.
Click here to learn about the Strategic Reliable Blueprint, our financial plan process for your future.
Call us at 517-321-4832 for financial and retirement investing advice.
26 min
November 15, 2024S3E40 – October Retirement Headlines
We read the news so you don’t have to!
Welcome to your October roundup of retirement headlines—a month bursting with insights and strategies that could redefine your retirement planning. Whether you’re a retiree navigating the nuances of financial security, or an investor seeking to fortify your portfolio against market fluctuations, this month’s compilation offers a wealth of information. We’ve meticulously curated topics ranging from savvy investment options like ETFs to essential cost-of-living adjustments and innovative estate planning strategies. Our goal? To provide you with the tools and knowledge necessary to make informed decisions and bolster your financial well-being in retirement. Let’s explore how October’s biggest headlines might just be your key to a more secure future.
https://youtu.be/VrMpMIACxLk
Articles Discussed in this Episode
Is This ETF Your Knight in Shining Armor?
There is no free lunch
Consider opportunity costs
Cost-Of-Living Adjustments
2024 – 2.5
Looking at historical COLA this is actually good.
Why Anybody Over 18 Should Have an Estate Plan
Estate planning can be important at any age
Why Everyone Needs a ‘Digital Death-Cleaning’ Plan
Create a plan for your digital assets
Label your files
Leave a guide
And a farewell?
Consider an AI alter ego?
Digitize physical memories
How Undiagnosed Cognitive Decline Eats Into Seniors’ Retirement Savings
Since current retirees are living longer than previous generations, they are more likely to suffer memory loss
Typically unaware of memory loss
Those who experienced a severe memory-loss event over the prior two-year period and were unaware of it saw their wealth decrease by about $31,000 on average.
Those who were aware of their memory loss likely avoided large financial hits by delegating decisions to family members or financial advisers or by choosing safer investments, the researchers said.
A large percentage of the losses that we measure are coming from stocks,” Peracchi says. “People participating in the stock market often start with high cognitive abilities, so after losing some memory, they may be overconfident in their abilities. They’re not aware that they’ve lost memory, so they’re more susceptible to financial losses.”
In Retirement, It’s Time to Put Our Costs Under the Microscope
Update from the Yoders
Decided to review credit card transactions and bank debits of the past year
Surprised by how many things they found that weren’t needed
Good idea to start looking at your budget a year before retirement
How to find lost or forgotten pensions, 401(k)s, and retirement money
One estimate indicates that about 29 million 401(k) accounts remained forgotten in 2023, amounting to nearly $1.65 trillion in unclaimed retirement benefits nationwide, according to a report by Capitalize,
How to search
US Department of Labor – Abandoned plan search – https://www.askebsa.dol.gov/AbandonedPlanSearch/
Unclaimed property search by state – MI https://unclaimedproperty.michigan.gov/
Pension Benefit Guaranty Corp – find unclaimed pension benefits – https://www.pbgc.gov/wr/find-unclaimed-retirement-benefits
Pension Rights Center – Nonprofit – www.pensionhelp.org
Washington State Voters Keep Public Long-Term Care Insurance
Washington State’s Public LTC was on the ballot and easily voted to reject a ballot initiative that would have killed the law
First of its kind of law that provides $36,500 in LTC benefits to all residents funded through a payroll tax surcharge of .58. Other states are looking at similar laws
California, Illinois, Minnesota & Massachusetts
5 Financial To-Dos Before the End of 2024
Rebalance
Take RMD
Contribute to employer plans
Review insurance
Consider charitable donations
Conclusion
October’s retirement headlines have underscored the evolving landscape of financial planning, offering both challenges and opportunities. From the importance of estate planning at any age to the necessity of cost-of-living adjustments and the impact of cognitive decline on savings, these insights are crucial for shaping a resilient retirement strategy. As we conclude, consider taking actionable steps—like updating your financial plans or exploring new investment opportunities—to harness these insights effectively. Stay proactive, stay informed, and join our community of retirees and investors as we continue to explore the paths to financial stability. For more personalized guidance, feel free to reach out and connect with our experts. Remember, informed decisions today pave the way for a secure tomorrow.
About Shotwell Rutter Baer
Shotwell Rutter Baer is proud to be an independent, fee-only registered investment advisory firm. This means that we are only compensated by our clients for our knowledge and guidance — not from commissions by selling financial products. Our only motivation is to help you achieve financial freedom and peace of mind. By structuring our business this way we believe that many of the conflicts of interest that plague the financial services industry are eliminated. We work for our clients, period.
Click here to learn about the Strategic Reliable Blueprint, our financial plan process for your future.
Call us at 517-321-4832 for financial and retirement investing advice.
30 min
November 11, 2024S3E39 – Interning at a Financial Advisory Firm with Shane Topping
Join us for an insightful conversation with Shane Topping, a senior at Michigan State University and an intern at Shotwell Rutter Baer (SRB). In this episode, we explore the unique experience of interning at a financial advisory firm, the lessons learned from working in a smaller team environment, and the importance of adaptability and innovation in financial services.
https://youtu.be/IqmAv4PBTdg
Key Discussion Points
Internship Experience:
Shane shares how he discovered the internship opportunity at SRB.
The benefits of interning at a smaller firm, such as the ability to pivot quickly and be involved in decision-making processes.
Financial Advice for Young Professionals:
Discussion on financial planning post-graduation.
Shane’s insights on the power of compounding and starting investments early.
Balancing investment with life goals like buying a house or further education.
Technological Advancements in Finance:
The advantage of smaller firms in adopting new technologies.
Shane has experience with AI and tech discussions at industry events.
Guest Spotlight
Shane Topping:
Background in finance and wealth management.
Plans to continue growing in the financial advisory field post-internship.
Conclusion
Takeaways:
The importance of being adaptable and open to new technologies.
Encouragement for young professionals to find a balance between immediate life goals and long-term financial planning.
If you enjoyed this episode, please subscribe and leave a review!
Connect with us on social media for more insights and behind-the-scenes content.
Tune in for an engaging discussion that blends real-world financial insights with personal growth and career development tips for aspiring financial professionals.
About Shotwell Rutter Baer
Shotwell Rutter Baer is proud to be an independent, fee-only registered investment advisory firm. This means that we are only compensated by our clients for our knowledge and guidance — not from commissions by selling financial products. Our only motivation is to help you achieve financial freedom and peace of mind. By structuring our business this way we believe that many of the conflicts of interest that plague the financial services industry are eliminated. We work for our clients, period.
Click here to learn about the Strategic Reliable Blueprint, our financial plan process for your future.
Call us at 517-321-4832 for financial and retirement investing advice.
31 min
November 04, 2024S3E38 – Retirement Spending – Die With Zero
In this thought-provoking episode, we explore the intriguing concept laid out in Bill Perkins’ book “Die With Zero,” which challenges traditional notions of retirement savings and spending. Join us as we discuss whether you should aim to spend your money before you die, and the mindset shift required to turn your savings into lifelong enjoyment.
https://youtu.be/HiUaq15G_XE
Key Topics Discussed:
Mindset Shift: We examine the prevalent industry focus on accumulating a large retirement fund and the challenges retirees face in spending that money to truly enjoy life.
Advisors’ Dilemma: Discover why Perkins’ book resonates with financial advisors who often encounter clients more concerned with spending their savings than making them last.
Experiences Over Savings: Delve into the book’s argument that memorable experiences early in life offer greater value, akin to investments paying dividends over time.
Addressing Common Objections: Explore concerns about outliving your money and providing for your children or charities, and how Perkins suggests balancing prudence with enjoyment.
Knowing Yourself: It is important to understand your financial motivations, whether it’s giving money to children or supporting charities.
Memorable Quotes:
“What makes you a good saver and planner might make you a lousy retiree.”
“Your life is the sum total of your memories.”
Call to Action:
If you’re pondering the balance between saving and spending in retirement or considering how to make the most of your wealth, this episode is for you! Listen in to redefine your approach to money and make informed decisions about your retirement lifestyle.
Please share your thoughts and experiences with us in the comments or leave a review on your favorite podcast platform!
About Shotwell Rutter Baer
Shotwell Rutter Baer is proud to be an independent, fee-only registered investment advisory firm. This means that we are only compensated by our clients for our knowledge and guidance — not from commissions by selling financial products. Our only motivation is to help you achieve financial freedom and peace of mind. By structuring our business this way we believe that many of the conflicts of interest that plague the financial services industry are eliminated. We work for our clients, period.
Click here to learn about the Strategic Reliable Blueprint, our financial plan process for your future.
Call us at 517-321-4832 for financial and retirement investing advice.
23 min
October 25, 2024S3E37 – Q3 2024 Market Update & Economic Outlook
In this episode, we dive into the key developments in the markets during the third quarter of 2024, along with an update on the current economic environment. Join us as we discuss how stocks surged across the globe, inflation continues to cool, and the Federal Reserve’s pivotal decision to lower interest rates in September. Despite a slightly weaker labor market, overall economic indicators remain positive.
https://youtu.be/Y2W3rAD7ZD4
Key Takeaways:
Stocks have shown strong performance across all major indices, continuing a year-long rally.
In response to a cooling labor market and declining inflation, the Fed cut interest rates by 50 basis points in September.
Inflation dropped to 2.6% in August, aligning more closely with the Fed’s 2% target.
While unemployment ticked up slightly to 4.2%, recessionary signals remain muted.
Election season and geopolitical uncertainty are causing some investor anxiety.
What’s Next:
Will China’s stimulus package be enough to stabilize its economy and bolster confidence in the property market?
With parts of the yield curve normalizing, bond investors are starting to see better compensation for long-term risk.
As we approach the U.S. election in November, how will political developments influence the markets?
For the details and a full explanation of what happened in the third quarter and where the economy sits now, you can read East Bay’s full Quarterly Investment Commentary HERE or watch Mario’s recorded presentation.
About Shotwell Rutter Baer
Shotwell Rutter Baer is proud to be an independent, fee-only registered investment advisory firm. This means that we are only compensated by our clients for our knowledge and guidance — not from commissions by selling financial products. Our only motivation is to help you achieve financial freedom and peace of mind. By structuring our business this way we believe that many of the conflicts of interest that plague the financial services industry are eliminated. We work for our clients, period.
Click here to learn about the Strategic Reliable Blueprint, our financial plan process for your future.
Call us at 517-321-4832 for financial and retirement investing advice.
31 min

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