Coasting in Retirement is dedicated to the financial planning and investment management needs of pre-retirees and retirees living an active lifestyle along our part of the Gulf Coast. Host Josh Null and co-host Michelle Melton dive into relevant financial topics, plus have a little fun with the "Michelle with the News of the Week" and "Josh's Crystal Ball & Big Mouth" segments. Josh's practice Gulf Coast Financial Advisors serves clients in the Panhandle of Florida, Lower Alabama, and the Gulf Coast of Mississippi and Louisiana. You can hear the original broadcast of Coasting in Retirement every Sunday from Noon to 1 PM CT on 106.5 FM in Mobile, Alabama.
So Jay and I thought we would test each other’s insurance knowledge and hopefully shed some light on common questions, sometimes common misconceptions, about insurance. Specifically, life insurance, disability income insurance, and long term care insurance. We are also going to delve into the news of the week and our predictions for the future. We may even get into the effects of the election on financial investors.
Now of course we’re not talking about real blood sucking vampires – those don’t exist, right Michelle? – but more reality-based vampires. I’m talking business partners that suck you dry, personal relationships that drain you of your life’s blood, and most important for our listening audience, the vampire activity that my industry, financial services, often inflicts on the investing public. You may be unknowingly paying thousands of unnecessary fees in your investment accounts to these financial vampires! Our episode today will give you the information you need to recognize these blood suckers before they get their fangs into your money.
The market is holding steady, but the softening of some business in the job market is a little concerning, though the federal government is trying to create a soft landing. The stock market is not a direct reflection of what is going on the economy. Alabama could be a great place to retire.
Michelle and Josh are here to work with investors of all sizes – should you describe an investment asset level? If so look at your ADV, I think it’s $100k but be sure to say that you work with all sizes and you bet on the person, not the account balance The advisor needs to be able to produce something in writing AND easily describe how it works Frequent disclosures, or complaints, that have a consistent theme, which FYI is usually around unsuitable investment recommendations or illiquid product sales.
After the recent debate, many investors walked away concerned about the country's political leadership and its effect on finances. We will discuss the historical effects of presidential elections and hope to provide some clarity to investors out there.
There is one primary issue that should be on the top of every investor's mind: How to Protect Your Purchasing Power? How should an investor navigate rising inflation and market predictions to insure success?