Easan Arulanantham: So we have a current event on so this week, it was published at Social Security cross who is going to run out one year sooner than expected. So 2034. So 2035. So what is what does it mean when Social Security is trust runs out of money? And should I be concerned
Transcript: Tom Vaughan: What I’d like to start with for the show is just kind of a summary for what is going on in the stock market for the week, and this has been a very, very interesting week. And so let me share my screen here, and I’ll go through it with you. So,
Transcript: Easan Arulanantham: Should I change my how much I keep in my emergency fund after retirement? Because I’m not making any more money, I can’t just replace it just with my income. Tom Vaughan: Yeah, so here’s the thing about emergency money that’s really fascinating. There’s all these rules of thumb, you know, have
Tom Discusses Specific Versus Structured Withdrawals Transcript: Easan Arulanantham: In the past, you talked about Systematic Withdrawals. Why do you prefer Systematic Withdrawals, over strategies like the Bucket System? The Bucket System is the idea where you break out your account or assets into three categories. You have a short term bucket, which is keeping
Transcript: Tom Vaughan: Hello, everybody, welcome to Tuesday. The S&P 500 took a small break today from setting new records. It was down .13%, and it really was a great August altogether. A little over 3% rate of return on the S&P for August; which is pretty good for what is usually a slow month.
Transcript: Tom Vaughan: Hello, everybody, welcome to Monday. The S&P 500 hit another all-time high today: It was up .43%. That is the fifth all-time high in the last six trading days. The market’s in a really good spot; and it’s really going well. And really, the whole reason the market’s doing well, is because
No One Really Knows if a Downturn is Eminent Transcript: Easan Arulanantham: Why should I stay in the market? If I feel we’re going to have a downturn soon? Tom Vaughan: Yeah, that’s a good question, right? I mean, so if you feel like we’re gonna have a downturn? Well, one of the first things
Transcript: Tom Vaughan: So this week, I really saw amazing things happen. I mean, the the key thing that I think is most incredible is number one is of the five days this week, we hit a new all time high, for example, on the S&P 500 for the five days, including today. And so
Transcript: Tom Vaughan: Hello, everybody, welcome to Thursday. The S&P 500 was down .6%, today. Broke our three-day record streak, where it was hitting new highs… all time highs every day. And really, what’s happening today is the market is just waiting to see what’s going to happen tomorrow. And so every year at this
Transcript: Katie Nealis: I have another great question in asking, I am getting older. And I don’t foresee me using up all of my assets. Should I start slowly gifting over some of my low cost basis stock, basic stuff, stocks and brokerage accounts to my children or grandchildren? If not, what should I gift?