About this episode
Today, Don and Tom discuss essential personal finance and retirement planning strategies. They consider the future Social Security and the need to delay benefits for better payouts while advising young listeners to establish emergency funds and utilize 401(k) and Roth IRA benefits. The hosts caution against misleading bank promotions and provide personalized insights on listener questions regarding insurance policies and tax implications. 2:05 Concerns About Social Security 5:03 Social Security and Retirement Planning 5:29 Social Security Class Announcement 7:30 Investing for Young Adults 8:28 Emergency Funds and 401k Options 10:33 Real Estate Considerations for Young Adults 14:06 High-Yield Savings Accounts Discussion 24:10 Gimmicks in Banking Rates 28:33 Roth Conversion and Capital Gains 35:04 Market Performance and Emotional Investing Learn more about your ad choices. Visit megaphone.fm/adchoices