The Get Ready For The Future Show

(FF) July Jobs Report

On this week's episode of The Fastest Four Minutes in Finance, we explore July's job report, dissecting signs of softening the labor market while decoding the Federal Reserve's rate hike signals. Dive into market volatility and secure your spot for an exclusive event featuring Chief Economist Dr. Jeffrey Roach on August 22nd. Gain insights, answers, and a long-term perspective. 

Does My Inheritance Count as Taxable Income?

You've got questions and we've got answers! In this episode, we're tackling: What do I do if I've been in the FIRE movement, but don't have a plan? I inherited a large sum of money and am curious about taxes and what to do with it? I have a large net worth, but I'm not sure how that plays into retirement? What is the impact of inflation on my 401(k)?
These are YOUR questions we're answering in this episode. And if you would like a question answered on the show, give us a call at 501.381.5228.
7 Steps to Financial Independence 
Originally aired 8/2/2023

(FF) Navigating Stocks in Retirement

Morningstar just released a new study entitled "Mind The Gap" revealing how the average fund outperformed the average investor by 1.7% annually over the past decade. Join us in this week's episode of Fastest 4 Minutes in Finance as we explore the impact of market timing on investment returns and the crucial role of behavioral finance. In This Episode: - why it's not about timing the market, but time IN the market. - how emotions influence investment decisions - how financial advisors bring objectivity to help you avoid costly mistakes Plus, get expert tips on crafting a stable retirement income strategy to secure your financial future. Watch now and stay ahead in the game of investing!

I’m Worried About Rising Healthcare Costs. What Should I Plan For?

Should my husband and I max out our Roth or buy a new house? How should I work into my plan the financial "leftovers" when I'm gone? What should I plan for when it comes to rising healthcare costs?
We're answering the questions YOU have on your journey to true financial independence! And if you would like a question answered on the show, give us a call at 501.381.5228.
Originally aired 7/26/2023

(FF) SECURE 2.0 Details and Updates

Stay informed about crucial legislative changes affecting your retirement in this week's episode of the Fastest 4 Minutes in Finance with Scott Inman. Discover how the SECURE 2.0 Act, signed into law last year, impacts 401k catch-up contributions for higher earners, learn about the potential benefits of Roth 401k investments and plan ahead for the proposed changes to Social Security, including a potential increase in the full retirement age to 69. 

I’m maxing out my retirement contributions... what now?

So, you're maxing out your retirement contributions... congratulations! But how do you know if it's enough? And, what's your next step? On this episode of the Get Ready for the Future Show LIVE, we're answering YOUR questions! You'll learn:
- How to invest if you'll be able to primarily live off of guaranteed income in retirement
- Questions you should ask if you're looking for a new advisor
- How to bounce back from past financial mistakes
❓ Have your own questions? Call or text us at 501.381.5228 or email show@getreadyforthefuture.com. We're here to help you navigate the journey to true financial independence. See you there!
 
Originally Aired: 07.19.2023

(FF) Bumpy Ride Ahead for the Consumer?

Recent cooling inflation data had an impact on the potential Fed rate hike expectations and the June CPI report shows a slowdown in core inflation which has implications for the US dollar and the overall economy. What should you make of these ups and downs? We cover it all in this week's edition of The Fastest Four Minutes In Finance!
 
Originally Aired: 07.19.2023

If There’s a Recession, How Do I Not Run Out of Money?

I hear a recession is coming - what should I do to not run out of money? How do I know if my new job's employer plan is beneficial to me? Did I make a mistake putting money into my small business instead of retirement and is it too late for me?
These are YOUR questions we're answering in this episode. And if you would like a question answered on the show, give us a call at 501.381.5228.
7 Steps to Financial Independence 
Originally aired 7/12/2023

(FF) Winning the War on Inflation

The June inflation data reveals a slower annual increase in prices since March 2021, suggesting a return to a more normal inflation rate. While some sectors continue to experience rapid price rises, such as the shelter index, #energyprices have seen a significant drop. The Fed remains cautious and hints at future rate hikes, aiming to achieve their preferred inflation rate of 2% and considering other factors like the labor market. But where are inflation rates headed? No one really knows for sure.  Join us on this week's edition of the Fastest Four for more!

Should I Look Into Universal Life Investments?

We're answering these questions from you, the listener, in this episode:
What are some pros and cons of Indexed Universal Life Insurance?
How do I know if I've saved enough if I'm nearing retirement and don't want to change my lifestyle?
What's your opinion on annuities and how do they fit into a retirement plan?
Is it wise for me and my husband to build our dream home?
And if you would like YOUR questions answered on the show, give us a call at 501.381.5228!
Originally aired 7/5/2023