The Get Ready For The Future Show

(FF) The Technology Stock Bubble

Is the US stock market more "top-heavy" than in a century? With the 10 largest stocks comprising 33% of the S&P 500's value, some analysts predict a major correction, though historical data suggests concentrated markets often lead to strong returns. Don't miss these expert insights on reading the top-heavy market signals, avoiding emotional investing mistakes, and staying on track toward financial independence through bull and bear markets. 

Part Time Job Impact on Retirement?

How could a part-time job or side gig impact my retirement plan? On this week's Get Ready For The Future Show, we're answering YOUR questions! When should I look at when claiming Social Security? How do I know if I'm saving enough? I thought I was okay, but what if there's another big market downturn?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com! Originally aired 3/13/2024

(FF) Elections & The Stock Market

In this week's Fastest Four, we explore the fascinating relationship between the stock market and presidential elections. Discover how the market typically performs during election years, whether the incumbent's party matters, and what the current market trends suggest about the upcoming Biden-Trump rematch. Learn valuable insights from historical data, including the impact of Super Tuesday results and how the market has reacted to each candidate's probability of winning. Don't miss this insightful analysis on navigating your investments during this pivotal election year. Stay informed and make data-driven decisions for your financial future. 

How Do I Know If I Have Enough?

I'm 51 and have $750k with an advisor, but I don't really have a plan and I'm worried I don't have enough! On this week's Get Ready For The Future Show, we're answering YOUR questions!
 I have NO idea where I stand when it comes to retirement. How do I get things in order and figure that out?  After inheriting nearly a million dollars in an IRA, do you have advice for taxes and getting it out in 10 years?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com! Originally aired 3/6/2024

(FF) What's Up With Social Security?

Are you concerned about the future of Social Security and whether it will be available for you in retirement? We've got insights on the "You Earned It, You Keep It Act" – a proposed legislation to eliminate federal taxes on Social Security benefits. 

Recently Divorced Nearing Retirement (Now What?)

I'm 54 and recently divorced. What should I be doing with my money? On the Get Ready For The Future Show, we're answering YOUR questions! My company switched to a Cash Balance plan. Should I invest less in bonds in accounts I control? Should we roll over large amounts into a Roth for the next 20 years? Does my wife, a full-time mom, also need life insurance?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!Originally aired 2/28/2024

(FF) Americans Know Very Little!

A new survey reveals Americans know shockingly little about Social Security and their retirement income plans. 41% flunked a Social Security quiz, getting less than 55% correct. Only 20% say their plans account for inflation/market volatility. 63% think their retirement income will run out in 20 years or less. We're walking you through the key takeaways from the survey and how to right the ship in this week's Fastest Four Minutes in Finance.

Should I Move Funds Before Hiring an Advisor?

My wife and I are looking to hire a financial advisor. Should we move around our investments first?  How do you know when it's time to switch from Roth contributions to pre-tax? I have $2 million in savings, but how do I know if it's enough to maintain my lifestyle in retirement?
We're answering YOUR questions! And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com!
Originally aired 2/21/2024

(FF) The Consumer is Strong!

Don't believe the recession hype! New data shows consumers are feeling more confident about their finances than they have in years. In this episode of Fastest 4 Minutes in Finance, Financial Advisor Scott Inman breaks down the latest University of Michigan Consumer Sentiment survey.

Pay Student Loans vs. Fund IRA?

Should I pay an extra $500 on my student loans, a Roth, or split it?
We're answering YOUR questions on the Get Ready for the Future Show!
How can I help my father set up a retirement plan as a small business owner? My wife and I own a small business and are feeling pretty comfortable. What should we do next? Can I count my commercial building loan payment toward my retirement savings rate?
And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com! Originally aired 2/14/2024
DISCLOSURE
This is a hypothetical example and is not representative of any specific situation. Your results will vary. The hypothetical rates of return used do not reflect the deduction of fees and charges inherent to investing.