The Disconnect Between Pre-retirement & Reality (10/6/23)

(10/6/23) Elvis Rosso: Yields, Yields, Yields; American's are spending like there's no tomorrow; why we recommend "The Millionaire Next Door;" How to vacation post-pandemic; camping in Buc-cee's. The downside of the lockdown; credit card rate survey; vacation spending vs money scripts: Money is emotional. Money needs shift when children arrive; talking to kids about money. Creating savings buckets for specific needs; noting the frugality of Gen-Z. Camping in Buc-cee's and ditching the boyfriend; Pre-retirement vs reality: more American's are concerned about impact of Inflation on retirement plans; the 4% Rule doesn't work; matching spending to retirement reality. Wrestling in the studio w Brent; playing the Lottery & Candy Corn; preview: Transitioning to Medicare Lunch & Learn; Switching-strategies with Social Security: Don't confuse the SS workers. SEG-1: How to Vacation Post-pandemic SEG-2: How Money Needs Shift When Children Arrive SEG-3: Pre-retirement vs Reality SEG-4: Switching-strategies with Social Security Hosted by RIA Advisors Director of Financial Planning, Richard Rosso, CFP, w Senior Advisor Jonathan Penn, CFP. Produced by Brent Clanton, Executive Producer -------- Watch today's show on our YouTube channel: https://www.youtube.com/watch?v=kaEEQktBjcw&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- The latest installment of our new feature, Before the Bell, "Markets Flirt w 200-DMA" is here: https://www.youtube.com/watch?v=LcFbmAvj678&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz ------- Our previous show is here: "2% Inflation is a Misnomer" https://www.youtube.com/watch?v=J5tdltYCgDg&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=9s -------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- REGISTER for our next Luinch & Learn: "Transitioning to Medicare:" https://us06web.zoom.us/webinar/register/3416958364820/WN_Gl2MmDeYR3CrRA11NmC1dQ ------- 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/ #InvestingAdvice #PreRetirement #SocialSecurity #Medicare #PostPandemic #MoneyScript #Markets #Money #Investing