August01

Will July Jobs Report Convince the Fed?

In its recent policy meeting statement, Federal Reserve officials said that in the six weeks since the previous meeting, “The labor market continued to improve, with solid job gains and declining unemployment.” The central bankers also noted that a range of indicators point to diminished slack in the jobs market since early this year. With
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July30

#230 Celebrating Social Security’s 80th Birthday

Nationally recognized expert in Social Security Mary Beth Franklin joins the show to celebrate the 80th birthday of Social Security. Mary Beth is a contributing editor at InvestmentNews and writes regularly about the latest research and thought leadership on retirement income planning. You can follow her on Twitter here. Download the podcast on iTunes Download
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July29

Medicare’s Golden Anniversary

It’s the 50th anniversary of Medicare, the U.S. government’s sprawling health care initiative, which President Lyndon Johnson signed into law on July 30, 1965. Today, Medicare covers over 55 million people including 9 million beneficiaries who are under age 65 and permanently disabled. In honor of the golden anniversary, it’s time to tackle the thorny
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July25

Gold Isn’t Glittering, the Economy Is

This week, the Federal Reserve will convene a two-day policy meeting, where it is expected to do a whole lot of nothing, except tell us that we should be prepared for short-term interest rates to rise from the current range of 0 – 0.25 percent. Rates have been at these “emergency” levels since December 2008
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July23

#229 Flying High with Advisor Don Cloud

Don Cloud, president and founder of Cloud Financial, began his career in financial services industry in the 1990s with a mission to educate and inspire individuals to play an active role in their personal finances. Don discussed what to do if you’re facing an unexpected early retirement; how he manages clients that don’t act in
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July22

Are Greedy Kids Raiding Your Retirement?

“Greedy adult children have become rapacious consumers of their parents’ money!” Those are the stinging words of financial planner, author and speaker Jonathan Pond, who worries that millions of Baby Boomer parents have indulged their children, at their own expense. Of course he was not talking about your kids—your kids are perfect little angels! Although the economy is well into the
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July18

“The Economy Doesn’t Stink”

The Greek debt crisis is temporarily on the back burner, so back to our regularly scheduled fixation: When will the Federal Reserve raise interest rates? During her semi-annual testimony before Congress, Federal Reserve Chair Janet Yellen said “If the economy evolves as we expect, economic conditions likely would make it appropriate at some point this
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July17

#228 Preparing for Retirement

Sure it’s summer, but that doesn’t mean you can’t spend a little of your time at the beach or the mountains contemplating your retirement, right? In fact, your time off might encourage you to think a little more seriously about how you might spend those non-working years. In addition to dreaming, you’ll have to think
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July13

Greek Deal Done: Will Tsipiras Lose His Job?

“22 hours and all I got was this lousy deal!” That’s the tee shirt that Greek Prime Minister Alexis Tsipiras will likely have to wear, when he heads back to Greece and tries to convince the Greek Parliament to approve a three-year, €82-86 billion bailout deal ($91 billion to $96 billion). While the 22-hour marathon
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July12

Time Running Out for Greece

As of this writing (Sunday 10:35ET), there is no deal yet for Greece. What we know is that with little fanfare and as the clock ticked towards the Sunday deadline, Greece’s newly minted Finance minister Euclid Tsakalotos submitted a formal request for a new three-year 53.5 billion euro ($59.4B) aid package from the Euro zone. In return
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