Budgeting for Retirement? Don't Forget Healthcare's Hidden Costs
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 30 July 2024
⏱️ 46 minutes
🧾️ Download transcript
Summary
Retirees face significant healthcare expenses, with average annual costs reaching $6,883 per person, driven by Medicare premiums, out-of-pocket expenses, and potential long-term care needs. These costs are influenced by factors such as inflation in healthcare services, increased longevity, and advancements in medical treatments. Understanding these expenses and implementing strategies like Health Savings Accounts (HSAs) and long-term care insurance can help retirees better prepare for and manage healthcare costs in their later years.
Today's Stocks & Topics: LVS - Las Vegas Sands Corp., Taking Profits, Market Wrap, OC - Owens Corning, Budgeting for Retirement? Don't Forget Healthcare's Hidden Costs, LUMN - Lumen Technologies Inc., Buying in Credit Card Companies, Gold Prices, WSO - Watsco Inc.,
SBUX - Starbucks Corp., KHC - Kraft Heinz Co., MCD - McDonald's Corp., Regulation.
Our Sponsors:
* Check out Anthropic and use my code Claude.ai/invest for a great deal: https://www.anthropic.com
* Check out Chilipad and use my code sleep.me/INVEST for a great deal: https://sleep.me
* Check out Plaud AI and use my code INVEST for a great deal: https://plaud.ai
* Check out Progressive: https://www.progressive.com
* Check out Quince and use my code quince.com/invest for a great deal: https://www.quince.com
* Check out Scribe and use my code scribe.how/invest for a great deal: https://scribe.com
* Check out TaskRabbit and use my code INVEST for a great deal: https://taskrabbit.com
* Check out TruDiagnostic and use my code INVEST20 for a great deal: https://www.trudiagnostic.com
Advertising Inquiries: https://redcircle.com/brands
Transcript
Click on a timestamp to play from that location
| 0:00.0 | On radio, on YouTube, on YouTube, streaming live on Invest Talk. |
| 0:05.0 | And for our podcast subscribers, this is Invest Talk, above average investing for the average investor. |
| 0:16.0 | Invest Talk is made possible by KPP Financial, a registered investment advisor firm, serving clients throughout the United States. |
| 0:26.0 | Here is KPP Financial Chief Executive Officer, Financial Advisor Justin Klein. |
| 0:39.0 | Good afternoon fellow investors and welcome back to Invest Talk. This is our Tuesday, July 30th, 2024, edition. |
| 0:43.8 | I'm Justin Klein, and our job here is the same every day, |
| 0:48.2 | which is help you become a better investor. |
| 0:50.5 | Give you actionable material, as well as some perspective developed with over 25 years of investment experience |
| 0:58.0 | and we do this by bringing you topics but most importantly you bringing us topics and that's why we |
| 1:06.1 | answer your finance and investment questions each and every day on Invest Talk and that is our way of staying on track to what you need on a daily basis. |
| 1:18.8 | So that's what this show is about and we are going to run down the market performance |
| 1:24.2 | for today. |
| 1:24.9 | It was an interesting day, |
| 1:26.5 | as we are in the midst of earning season, |
| 1:28.6 | as well as we have the Fed meeting tomorrow. We are going to run now some show topics and give you what we're going to discuss on today's show. |
| 1:40.0 | But first, let's tackle this caller question. |
| 1:43.8 | Hey, Luke, I'm calling about Las Vegas Fans Corp. |
| 1:48.1 | Ticker symbol, LVS. |
| 1:50.5 | It's about 35% down for the year, consumer discretionary stock that is in the casinos and gaming industry. |
| 2:01.0 | I wanted to see what your thoughts are. |
| 2:04.0 | I'll buy a point at about 3940. |
| 2:08.0 | Got a little bit of a dividend and was thinking of picking up some at this price, but wanted to get your costs first. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

