Over Half of U.S. Workers Plan to Rely on Social Security for Retirement
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 28 November 2024
⏱️ 47 minutes
🧾️ Download transcript
Summary
An alarming trend underscores the urgent need for individuals to rethink their retirement strategies and explore additional savings options.
Today's Stocks & Topics: KLAC - KLA Corp., Market Wrap, BUD - Anheuser-Busch InBev S.A. ADR, Over Half of U.S. Workers Plan to Rely on Social Security for Retirement, ALSN - Allison Transmission Holdings Inc., TSLA - Tesla Inc., Roth I-R-A, China’s Stimulus Package, DPZ - Domino's Pizza Inc., DELL - Dell Technologies Inc. Cl C, Trump’s Cabinet picks?
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Transcript
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| 0:00.0 | On radio, on YouTube, streaming live on invest talk.com, and for our podcast subscribers, this is InvestTalk. |
| 0:12.6 | Independent thinking, shared success. |
| 0:17.7 | Invest talk is made possible by KPP Financial, a registered investment advisor firm, serving clients throughout the United States. |
| 0:27.2 | Here is KPP Financial Chief Executive Officer, Financial Advisor, Justin Klein. |
| 0:34.7 | Good afternoon, fellow investors, and welcome back to Invest Talk. |
| 0:39.5 | This is our Wednesday, November 27th, 2024 edition. |
| 0:43.7 | Can you believe it? |
| 0:44.3 | Tomorrow is Thanksgiving. |
| 0:47.3 | And this is a short holiday season. |
| 0:50.5 | Think about how late. |
| 0:52.2 | I don't remember the last time Thanksgiving was on the 28. It's been a long time. So, |
| 0:57.9 | you know, the distance between Thanksgiving and Christmas will be much shorter than usual. |
| 1:04.1 | So prepare for that, especially when you're talking about holiday shopping and talk about preparing. |
| 1:09.9 | Well, this is a day or a time where you prepare for the next |
| 1:15.9 | year. You know, we're rapidly approaching the year end and that typically brings changes to the |
| 1:24.3 | market. And in this particular year, we will be seeing a change in our administration here |
| 1:30.7 | in the United States. And obviously, that is going to have wide-ranging impacts. Some will be as |
| 1:37.7 | large as expected in certain areas, and some will be much lower than expected. But it's really about following the pattern of how things are evolving |
| 1:49.2 | and adjusting your expectations accordingly. |
| 1:54.0 | Because guess what? |
| 1:54.5 | The market will adjust their expectations as well. |
| 2:00.4 | Now that's just next year. |
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