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InvestTalk

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

Business, News, News Commentary, Entrepreneurship, Investing, Business News

4.41.5K 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.

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Transcript

Click on a timestamp to play from that location

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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