Money Matters Radio Show #823
October 29, 2006
Mike announces the debut of the new Internet radio station. Content to be added very soon but in the meantime click here for Your Wealth Radio!
Mike reminds listeners tickets are on sale for the annual Breakfast with Santa – set this year for December 16 at Stone Mountain Park. Click here to purchase your tickets!
Mike also has updated the web site so listeners can buy holiday gifts, including autographed copies of Clark Howard’s books. Click here to see Mike's book list.
Mike focused today on retirement planning and the three main stages of retirement planning. They are:
- Saving enough money and asset allocation in your company saving splan (i.e. 401k and 403-b). Mike has his free financial plan for WSB listeners at www.moneybulletin.com
- Re-allocating through reverse dollar cost averaging 10 years away from your retirement date.
- Looking to invest in income investments paying 6% to 10% when you retire.
Other issues on the show today included:
- Advice on laddering CDs
- Look out for the fine print in Equity Index Annuities
- Setting up a college fund for a 16 year old – don’t overlook the tax breaks of putting money into the fixed account of the Georgia 529 plan. Talk to a CPA also about gift tax return on a potential large donation to a child’s account.
- Expanding an investment club to consider financial planning segments such as estate planning, tax planning and more.
- How to find a good objective financial planner.
