02:05 - The GDP grew at 4.1% for the second quarter. This is a great number, and all but guarantees the Fed will continue raising rates. The tariff battles with China still loom large over future economic growth. Gregory also points out some weakness in the tech sector staining an otherwise positive earnings season.
0:13:21 - Mark in Pearl River asks Gregory: Does Louisiana tax distributions from your TSP (Thrift Savings Plan)?
0:14:14 - Jonathan in Picayune is maxing out his IRA and Roth IRA contributions. What should he do to invest for retirement beyond that?
0:17:46 - Social Security COLA increases have not been keeping up with inflation across most important spending categories. A report claims this has resulted in a net loss of the purchasing power of the average Social Security benefit of a little over $400 per month. Gregory explains how Social Security may look a little different by the time you retire, but it's probably not going away.
0:21:04 - Mike in Poplarville wants to know if he and his wife have enough assets to retire. Gregory asks a few questions, and helps Mike find out where he is on the retirement path.
0:28:32 - Chris in Pontchatoula is thinking about retiring soon, and wants to know if there's any way he can beef up his Social Security record and get a larger check. Conversly, will retiring early hurt his benefit because he stops paying into the system?
0:34:55 - Gregory gives some details on how the tax code can be used in different ways by filers when it comes to their Social Security. Some states tax your Social Security, and some do not. Social Security can be taxable at the federal level once certain income limits are met.
0:41:03 - Susan in Gulfport wants to know if retiring a few years before turning on her Social Security will hurt her benefit much.
0:49:28 - Ray in New Orleans asks Gregory how his wife's participation in a State pension could affect her Social Security benefits. Her work record is pretty evenly split between the private and public sector, and if she can go get a few more years in a job that pays into Social Security, she may be able to not have any offset to her benefits from the Windfall Elimination Provision.
0:57:30 - Jim in Bush asks Gregory how his Social Security benefit would be affected if he took a job offer in South America that doesn't pay into Social Security. Gregory explains how missing a few years of Social Security contributions could cut into your benefit amount. Dwayne Stein adds he had a client with a similar situation recently, and there's other considerations in taking a job overseas.
1:07:20 - Dwayne Stein and Gregory Ricks discuss how you can use a reverse mortgage and get some interest on the unused portion of the credit available. Dwayne spells out the differences between a fixed reverse mortgage, and an annual reverse mortgage.
1:13:25 - Nick in New Orleans asks Gregory and Dwayne about what happens with a couple in a reverse mortgage when a spouse passes away.
1:18:05 - Reagan in Springfield asks Gregory to explain how a traditional IRA can be converted to a Roth IRA.
1:29:50 - Dwayne Stein of MortgageGumbo.com and Gregory show you how you can take out a line of credit through a reverse mortgage and get guaranteed compounding interest on your home's equity for years. This allows you to grow the amount of money you will have available for distributions, or at least helps you keep up with the interest accruing on the other side of the ledger.
1:38:52 - Judy in Starkville asks if continuing to work after she's started taking Social Security benefits will change the size of her check.
1:49:12 - Mary in Poplarville had some of her Social Security benefit clawed back because she continued to work after turning it on early. Will this stop at some point?
1:51:56 - Bob in Pass Christian needs Gregory's help to know when he can qualify for Social Security disability or retirement benefits.
1:54:31 - John in Pascagoula asks Gregory if his state pension in Mississippi will affect his Social Security benefits.
2:02:53 - Jennifer in Covington maxes out her IRA and Roth IRA every year. Where should she put her additional retirement savings?
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