Transcript: Easan Arulanantham: Why are some companies reporting really great quarters, but turning around and laying off staff like Tesla Tesla doubled their earnings from the previous year, and they also recorded record profits, yet they’re trying to trim some of their staff right now. Tom Vaughan: Companies, generally speaking, the employment numbers, the layoffs,
Transcript: Easan Arulanantham: So, what is net worth? And should I care about it? And how do I calculate mine? Tom Vaughan: All right, so the calculation part is pretty easy. You add up everything that is worth something, okay? And that you have. And so that’s what we call an asset, right? Could be
Transcript: Easan Arulanantham: Should I be doing anything differently with my strategy for withdrawing from my beneficiary IRA? Would the proposed rules caused me to have any kind of penalties for missing these withdrawals in the past? Tom Vaughan: This is a question that actually comes up within our client strategy sessions. And it’s a
Transcript: Tom Vaughan: So I’d like to start off the show with kind of a summary of what I saw happening in the market for the week. And of course, this is another interesting week, as usual, we are actually down for the week right now we’ve had four up weeks in a row. And
Transcript: Hello, everybody, welcome to Thursday, the S&P 500 was up a little bit more than point 2% today. And really, this is one of those days where there isn’t a lot of information that you get out of the movement one way or another, because we have these two levels that are either going
Transcript: Easan Arulanantham: Should I be looking when planning for retirement to be replacing my income? Or should I be looking to cover my current expenses? You know, how should we planning? You know, by looking to say I have $84,000 of income? Should I be looking to replace 80% of that? Or I only
Transcript: Easan Arulanantham: Why is it better to pull from a non retirement taxable account than a IRA? So an individual retirement account? Tom Vaughan: Okay, so let’s see what we call the buckets of money. Right? Now we got his taxable accounts, people call them individual counts, brokerage accounts, Tod accounts, trust accounts, right,
Transcript: Tom Vaughan: Hello, everybody, welcome to Tuesday, the S&P 500 was up almost point 2%. Today, started off the day down, and then recovered and got into nice positive territory. We had reports of earnings from Walmart from Home Depot, they both did really well, both jumped a lot, it actually brought up the
Transcript: Easan Arulanantham: How do you prioritize goals in retirement? Like not running out of money versus enjoying my retirement and spending my money too? So how do you prioritize that? Tom Vaughan: How do you prioritize good goals of not running out of money versus what I’m going to spend today? Right. So I
Transcript: Easan Arulanantham: So what, what goes into the CPI number? Tom Vaughan: The CPI. So CPI, of course, is consumer price index. This is the big number that they use to determine inflation. There are lots of different inflation measures. There’s PPI producer price index, which is wholesale inflation, there’s PCE personal consumption expenditure,