2.4 • 606 Ratings
🗓️ 16 August 2022
⏱️ 21 minutes
🧾️ Download transcript
Today I’m tackling a few retirement and investing questions from our listeners.
Specifically, I’m answering the following:
If you're ready to get answers to some of the top retirement questions I've received lately, this episode is for you.
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0:00.0 | Welcome to the Stay Walthy podcast. I'm your host, Taylor Schulte, and today I'm tackling a few questions from our listeners. |
0:11.4 | Specifically, I'm answering questions about the two opposing July inflation reports that we saw floating around last week, |
0:18.3 | using buffer ETFs as retirement investments, and then clearing up |
0:22.9 | some confusion around the potential social security increases in 2023. We're covering a lot of ground |
0:29.4 | today, so be sure to check out the links and resources for this episode by going to |
0:34.3 | you stay wealthy.com forward slash 164. |
0:40.3 | Okay, our first question comes from Steve W, who immediately emailed me when the July |
0:45.5 | inflation numbers came out asking about this controversy between the two different reports |
0:50.4 | that were making headlines. Specifically, he asked what to make of the different reports, |
0:55.6 | which one was more accurate, and what the July CPI numbers might mean for the longer-term |
1:01.5 | inflation trend that we've all been closely monitoring. So in case you missed the heated |
1:06.7 | internet debate after the July CPI report was released. As Steve mentioned, we essentially saw two |
1:13.1 | opposing statements about inflation and the change in consumer prices. We saw one set of headlines |
1:18.9 | based on a statement made by President Joe Biden stating that our economy experienced 0% inflation |
1:25.8 | in the month of July. And then we saw another set of headlines that |
1:29.6 | said inflation rose by 8.5% in July. Both statements are technically accurate, but in addition |
1:36.5 | to causing both sides of the political aisle to weigh in with their strong opinions, a lot of |
1:41.2 | people were left confused about what the most recent inflation report really meant. |
1:45.9 | So let's dissect this for Steve and anyone else who might be interested here. |
1:49.6 | Pushing politics aside, because this isn't the podcast for that, avid stay wealthy listeners |
1:54.5 | who have followed my inflation episodes for a while now know that the inflation rate we are |
1:59.2 | typically presented with. |
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