Retire Right With Brad White

We all have felt the impact of rising interest rates. Last year, the fed raised rates by 50 basis points a number of times. Already this year, they’ve taken a 25 basis points rise to the interest rate. So how does this effect your retirement income plan? Brad dives into this on todays show.

A lot of people are in retirement, heading into retirement or almost retiring and their thinking hmm, what do I do with this money I’ve been saving in my 401k, a TSP or a 403b for all these years? Maybe you worked at one job. So what do you do? Brad helps break it all down for us.

Well, we’re into a new year, but as people often tend to do even when they’re in that first month or six weeks of the year, they’re getting tax stuff ready and looking back on What Just Happened? And for some maybe they retired in 2022. Maybe they’re retirement year is this year in 2023 and we still want to assess what happened and what can I do to fix it moving forward or what can I do to get better from it going forward and 2022, lets face it by stock market assessments it was an ugly year and so what can we learn from it?

Well, we’ve begun a new year and we look back on 2022 and the bar was a little lower than what we thought going into last year. What should we do now to prepare ourselves financially for 2023?

As we wind down the year 2022 and head into 2023, some people might be saying this last year has been not so great. I’m just going to hunker down or I’m going to wait, well is that the right strategy? If you have zero advice it could be the wrong strategy for you. I don’t know how you could ever know if it’s the right decision if you don’t ask someone who does this for a living like Brad does and he offers tips as we head into 2023.

We’re winding down the year 2022 and we want to talk about some of the lessons we’ve learned from this year because we certainly know that you all have learned plenty of lessons this year. One that rises to the top would be Interest Rates. What did we learn about our economy, the fed and interest rate hikes and truly cooling inflation? Brad discusses in todays show.

Since 1950, all 18 midterm elections have been followed by an up year for the stocks. The stock market says, this is what we tend to do when it comes to elections at the midterm.

As we head towards the final quarter of the year and we head towards a new year in 2023, we know that markets are still up and down, inflation is still there, we know that social security has been raised. The cost of living increase next year will be 8.7%. What if my retirement date is in the next 12 months? You’ve planned it in your mind, but what about retiring when the economy is all over the place right not? Brad answers those questions for us in today’s show.