Friday Flight - Unemployment Uptick, Ridiculous Returns & The 4% Rule Debunked #993

How to Money

iHeartPodcasts

Business, Investing, Education

4.5 • 3.1K Ratings

🗓️ 6 June 2025

⏱️ 41 minutes

🔗️ Recording | iTunes | RSS

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Summary

Time for a Friday Flight- our little sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines out there, but we boil them down to specific takeaways that will allow you to kick off the weekend informed and help you to get ahead with your money. In this episode we explain some relevant and helpful stories like: Southwest sale extension, unemployment uptick, you too U3?, 401k contribution cutbacks, 4% rule debunked, avoiding the annuities, high priced mocktails, Gen Z forgoing the bar tab, Kirkland Sig old fashioned, dressed by the internet, golden age of secondhand shopping, and ridiculous returns.

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Transcript

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0:00.0	This is an IHeart podcast.
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0:19.6	Are there any pictures of you online?
0:21.5	Then you could already be in a massive police database without even knowing it.
0:25.5	Clearview scrapes together images from Facebook, from LinkedIn, from Venmo accounts.
0:31.1	I'm Dexter Thomas, host a Kill Switch, a podcast about how living in the future is affecting us right now.
0:36.9	Police, they are trusting
0:38.3	this software with this magical ability to lead them to the right suspect. In this episode, we
0:43.6	dive into how cops are using AI and facial recognition and sometimes getting it wrong and putting
0:48.7	innocent people behind bars. So if your accuser is this algorithm, but you're not even being told that it was used,
0:56.4	let alone given any of the details about how it works. Listen to Kill Switch on the Iheart
1:01.2	radio app, Apple Podcasts, or wherever you get your podcast. Welcome to How to Money. I'm Joel
1:08.1	and Matt's not here today. But I'm going to be talking about
1:11.6	the unemployment uptick, ridiculous returns, and the 4% rule debunked.
1:45.6	Thank you. That's right. My good friend, my compadre, my bestie, he is not with me today, which is a little disappointing. You might find at times during this episode that I ask a question of Matt, and then I just hear crickets chirping,
1:51.4	just crying into my microphone. No, but for this Friday flight and next Friday flight,
1:56.2	Matt will not be with me, and I will be offering my take on the headlines that I found interesting this week.
	...

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