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InvestTalk

12-2-2020: What Are The 3 Factors That Can Help Determine Your Ideal Retirement Age?

InvestTalk

Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors

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

4.31.5K Ratings

🗓️ 3 December 2020

⏱️ 47 minutes

🧾️ Download transcript

Summary

In retirement, you'll want the ability to satisfy lifestyle cash needs through guaranteed income and the revenue produced by your investments.



Today's Stocks & Topics: PYVLX - Payden Equity Income Fund Investor, Pfizer Vaccine, Microsoft, Gold as an Investment, Umbrella insurance, BBY - Best Buy Co. Inc., SPOT - Spotify Technology S.A., AAN - Aaron's Co. Inc., RTLR - Rattler Midstream L.P., MPW - Medical Properties Trust Inc.



TRIVIA QUESTION: "As CONSUMERS, there are 4 economic concepts we should all UNDERSTAND-- the first is SCARCITY. What are the other 3 related concepts?"



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Transcript

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0:00.0

This podcast is produced by KPP Financial, Steve Peasley President,

0:10.4

KPP Financial, Independent Thinking, shared success, and now today's podcast.

0:17.0

Good afternoon everybody and welcome to Invest Talk. It is Wednesday, December 2nd, 2020.

0:26.8

And now we're in the month of December, last month of the year.

0:31.5

Now in some ways this year has gone by very very very slow right I mean think about all the when

0:38.1

COVID hit and all the things that we had to do and change our lives and we still

0:41.4

are dealing with that.

0:43.0

In other ways the year has gone very, very fast.

0:46.8

Okay, very fast.

0:48.0

So, but we are in December last month of the year.

0:50.7

We have to think about what we're doing with our portfolios and of course we still have a lot of uncertainty as the COVID spike continues across the nation and then at the same time we're getting approval of a vaccine. Well at least we're supposed to get

1:05.0

a vaccine and there's a race right? Get people vaccinated especially the

1:11.6

health care workers and the people that are

1:14.0

you know elderly and in danger, people who compromise immune systems, those people need

1:19.7

that vaccine as fast as possible. So the market still is going to be volatile. This hasn't

1:26.5

resolved everything. Resolved certain things but not everything. So we just

1:32.0

got to be prepared for you. You just got to learn to deal with it.

1:34.0

And you know the market over the decades has always been volatile. There'll be long periods

1:40.0

where it's not and then there'll be long periods where it is. It's just that's it's

1:45.7

changeable that's it. You can't do anything about it all you can do is learn to

1:50.0

deal with it. I'm Steve Peasley and today and of course in this

1:54.1

podcast and program I will do my best to provide unbiased answers to any of your

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