06-05-18: How to Save for Retirement If You Don't Have a 401(k)
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 6 June 2018
⏱️ 46 minutes
🧾️ Download transcript
Summary
If you're self-employed, a freelancer or your company doesn't offer a 401(k) plan, there are other smart ways to build your nest egg.
Today's Stocks & Topics: International Markets, AMD - Advanced Micro Devices Inc., Average Person Spends in Retirement, Job Openings Report, VOX - Vanguard Communication Services ETF, VDC - Vanguard Consumer Staples ETF, ESIO - Electro Scientific Industries Inc., EVI - EnviroStar Inc., TMUS - T-Mobile US Inc., SNDR - Schneider National Inc. Cl B, ETFC - E*TRADE Financial Corp., Solo 401k.
Transcript
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| 0:00.0 | This podcast is produced by KPP Financial, Steve Peasley President, |
| 0:10.3 | KPP Financial, Independent Thinking, shared success. |
| 0:15.0 | And now today's podcast. |
| 0:17.0 | Good afternoon everybody, and thank you for joining us on this Tuesday June 5th edition of Invest Talk. I appreciate it. |
| 0:28.0 | I'm Steve Peasley and here to help you with your money questions. Are you an investor? Do you want to be? I want to help you if we can. |
| 0:37.3 | So we're talking we're taking your calls now at 8899 chart. 889924278. It's the first full week of June, and to most people it feels like summer is finally here. |
| 0:49.0 | Now speaking with calendars, recognition of passing time at some point down the road, or |
| 0:55.0 | Calendors or recognition of passing time. At some point down the road, you will want to retire. |
| 0:56.0 | Most people do. |
| 0:58.0 | Or you will be forced to retire, someplace down the road. |
| 1:02.0 | And did you know that 37 states do not tax Social Security benefits? |
| 1:07.0 | It's true. |
| 1:08.0 | Now that leaves 13 states, which are less retire friendly in that category. They do tax Social Security benefits. |
| 1:19.0 | 13 states. You know what they are? We'll talk about it. But now while you pick up your phone, it's time for that. |
| 1:27.0 | Call the program, I'll go to a call that came in earlier. It's called our Anytime, Anytime Listener Line 889 chart. |
| 1:35.6 | Yeah, hey guys, thanks to taking the call. My question is really just trying to understand all of the impact on other foreign exchanges, |
| 1:47.0 | other foreign markets, particularly the Japanese market, Hong Kong, Shanghai, etc. |
| 1:56.4 | Some of those Asian markets because they close later almost a complete 180 from the uh... u s market time frame |
| 2:05.9 | and so i'm trying to gauge |
| 2:07.3 | uh... the impact that those markets have on the u s markets and vice versa |
| 2:12.4 | uh... particularly interested in and I want to say next day or |
| 2:16.5 | prior day so so typically are those markets going to follow the US or or is the US you know is it going to set up for those |
... |
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