Feb 03 2025 70 mins 19
Major Social Security policy changes, such as the elimination of the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO), may have significant implications for roughly 3 million Americans. Teachers, nurses, firefighters, police officers, and other public-sector workers who previously saw their Social Security benefits slashed may now receive the full benefits they’ve earned. This shift is reshaping retirement planning for many Americans.
Wes Moss and Christa DiBiase analyze data and answer listener questions to examine the practical value of working with a trusted advisor. They remind listeners about diversifying portfolios into broad market indices to help minimize risk and explain how a money market is typically a higher-yield alternative to a standard low-interest savings account. There is power in planning for retirement at any age, even in your 50s, because consistent saving and wise investing can lead to more financial flexibility than many might think.
In the second hour, Jeff Lloyd joins Wes to discuss GDP growth, the resilience of consumer spending despite inflation, and the ongoing challenges in sectors like housing and manufacturing. With a focus on the Fed's influence, productivity growth, and the gig economy, they explore how these elements shape the economic landscape and compare the current AI revolution to the space race.
Wes Moss and Christa DiBiase analyze data and answer listener questions to examine the practical value of working with a trusted advisor. They remind listeners about diversifying portfolios into broad market indices to help minimize risk and explain how a money market is typically a higher-yield alternative to a standard low-interest savings account. There is power in planning for retirement at any age, even in your 50s, because consistent saving and wise investing can lead to more financial flexibility than many might think.
In the second hour, Jeff Lloyd joins Wes to discuss GDP growth, the resilience of consumer spending despite inflation, and the ongoing challenges in sectors like housing and manufacturing. With a focus on the Fed's influence, productivity growth, and the gig economy, they explore how these elements shape the economic landscape and compare the current AI revolution to the space race.
