Episode Details

Why are Markets and the real economy mal-aligned? A tale of two parties in how Americans are faring financially. Re-thinking frivolous spending: How we blew through our savings. If you're in the market, you're loving it: 31-days of all-time highs (so far) in 2024. Rich and Matt discuss decision-making when approaching retirement: The myths about taking Social Security early. Rich & Matt ponder who'll be the next James Bond; timing your retirement, and consideration of spousal benefits: Calculating the difference in delaying Social Security. The goal of Social Security: What if you live? Visualizing lifestyle, money scripting, and longevity. What is the optimum time for financial planning? It's never too soon. 3:18 - A Tale of Two Parties - How Americans Are Fairing Financially 14:40 - How We Blew Our Saving- Re-thinking Frivolous Spending 30:26 - Timing Your Retirement 44:43 - The Goal of Social Security - What If You Live? Hosted by RIA Advisors Director of Financial Planning, Richard Rosso, CFP, w Senior Relationship Manager, Matt Doyle, CFP Produced by Brent Clanton, Executive Producer ------- Articles mentioned in this report: "Ten Steps, Ten Years to Retirement" https://realinvestmentadvice.com/ten-steps-ten-years-to-retirement/ "Why Economists And Citizens Have Different Inflation Realities" https://realinvestmentadvice.com/why-economists-and-citizens-have-different-inflation-realities/ "S&P 6300? Is That Outside The Realm Of Possibility?" https://realinvestmentadvice.com/sp-6500-is-that-outside-the-realm-of-possibility/ "Bad Breadth Keeps Getting Worse" https://realinvestmentadvice.com/newsletter/ ------- The latest installment of our new feature, Before the Bell, "Why Is Wall Street Selling off Nvidia?" is here: https://www.youtube.com/watch?v=a_zv7LpVACk&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our previous show is here: "Market Downtrend: Understanding Snowball Effects & The Role of the Fed" https://www.youtube.com/watch?v=syNCKJpl16Y&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=3s -------- REGISTER for our next Candid Coffee (6/29/24): https://streamyard.com/watch/TX6irKYnjHnh ------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #SocialSecurity #ClaimingDecision #YoungerSpouse #Retirement #FinancialPlanning #SignificantOther #EarlyBenefits #PayGap #RetirementIncome #SocialSecurityBenefits #FinancialStrategy #Study #DecisionMaking #Markets #Money #Investing