THINK Retirement NOW. ™

Daily IQ Retirement Brief 10/6/22

Bull markets occur because more people buy near the TOP of a market than the bottom. Bear markets occur because more people SELL near the bottom than near the top.   How can investors navigate volatile markets while remaining calm through all types of financial environments? How can they systematically increase their total returns?  The key is to avoid emotional investing which leads to both euphoric and depressive behavior – which in turn can lead to poor decision-making. Today, you'll learn the secret to better financial decision making, and it couldn't come at a better time as we head into a period of both great risk and great opportunity. And, Fox Business Contributor Gary Kaltbaum joins us for analysis. Don't miss today's show--MASTERING MONEY is on the air!!

Daily IQ Retirement Brief 10/5/22

So, what happens if you retire at or near a Market Peak? Have you thought about that? Statistically, people are more inclined to retire during the top end of a bull market. It only makes sense. That's when confidence and peace of mind are higher. The trouble, as we all know, is that "what goes up also comes down" and if it comes down soon after we retire, that's a problem. Also, statistically, the ten year periods following really strong ten year periods are not so hot. Withdrawing steady income from a declining balance can run a retirement off the road. Today, we'll tell the story of Donna, whose great grandparents, grandparents, and parents ALL retired during market peaks going back to 1928, 1973, and 1999, and what Donna has decided to do with her retirement. Then Medicare specialist Shelley Grandidge joins us.  Don't miss today's show MASTERING MONEY is on the air!!!

Daily IQ Retirement Brief 10/4/22

Nothing is a bargain in this world unless it serves a purpose and helps you achieve a goal.   Managing your own money to save a fee can work, but we all know the do-it-yourself approach seems to work BEST when markets are RISING! Rising markets tend to lift ALL boats.   As the saying goes, in a bull market, EVERYONE  is a genius!  But the real measure of how well your portfolio is being managed is not so much when markets are UP, but more when markets fall flat and then reverse. How do you KNOW if your money is in the right place? Well, let's put it this way. If you find yourself FEARING the next bear market rather than relishing the idea, your money is probably allocated poorly. Today, we'll review the FOUR KEY QUESTIONS you should be asking yourself right now, and how to arrive at clear answers!  MASTERING MONEY  is on the air!!!

Today on Mastering Money...It’s a MOTLEY FOOL MONDAY!! The Motley Fool Money Show is one of the most popular stock market TALK SHOWS in America today, featuring timely insights from top analysts. "MOTLEY FOOL MONEY" is heard by millions of listeners coast to coast—including Saturdays right here on Money Radio at 5pm! First we'll update breaking financial news and get a read on all the indexes, THEN, we'll take you to an exclusive broadcast of the Motley Fool Money Show, with fresh ideas to help you become a more informed investor. Steve will cap it off with proven money-making and money-SAVING ideas that you DON'T want to miss! -- A jam-packed show --and we're READY TO ROLL ! ... MASTERING MONEY IS ON THE AIR!!!

Daily IQ Retirement Brief 10/3/22

Daily IQ Retirement Brief 9/30/22

Historically, we’ve always referred to the traditional sources of retirement income as a three-legged stool, composed of: 1. Government entitlement programs (Social Security and Medicare)...2. Personal savings and investments ...and , 3. Employer-sponsored defined benefit plans like pensions.  In the past, retirees could typically count on ALL three sources for retirement income roughly divided into thirds. With this traditional scenario, both the government and employer-sponsored plans were considered predictable, reliable income sources that may also be adjusted for inflation. So two thirds of your plan for retirement was set. Only one-third was the responsibility of the individual. Today, TWO thirds of the responsibility is yours, and the other leg--Social Security--is getting a little loose in the screws. Today we'll examine how COVID 19 may affect your Social Security, and then Medicare specialist SHELLEY GRANDIDGE joins us for a show you don't want to miss!  MASTERING MONEY is on the air!!!