Your Safe Money Show Money and Aging 4 22 17

Highlights for April 22 Your Safe Money Show

On this Saturday's Your Safe Money Show, we’ll look at things to eliminate from your life so you’ll have a happier retirement.
The IRS will be using private debt collectors, how will that change that process?
And at what age are you too old to manage your money? That’s a tough one to navigate. 
Tune in Saturday morning at 7:30 at 95.5 FM KBEK. They stream live at kbek.com. Hear recent shows at the podcast page at yoursafemoneyshow.com.

Color of Money

Your Safe Money Show Your Retirement Path 4 15 17

Highlights for April 15 Your Safe Money Show

Since the tax deadline is just days away April 18th, I have “misunderstandings” with taxes that can cost you, plus if you’re waiting for a tax refund, I’ll have a way for you to check on that refund.
Wasting money, we all do this occasionally, but if you want to save up to $1,000 a year, I have ideas to help you save money.
And retirement can be a puzzle and deciding which path you want to follow in retirement needs to be considered. Find out what those paths are. 
Tune in at 7:30 am at 95.5FM KBEK, they stream live at kbek.com.
Hear recent shows at yoursafemoneyshow.com.

Current Interest Rates

Color of money system

Throughout our working years, we attempt to accumulate as many eggs as possible into our retirement nest. In other words, we “save” money in a variety of accounts to use in retirement.  

While accumulating your desired amount in retirement assets is important, it is just as important to have your money in assets that represent the level of RISK or SAFETY you want. Some people are more cautious some like to take more chances with their money.  

Well one of the easiest ways to determine where you should have your retirement assets allocated is to use “the color system for your money”.

By going to our website yoursafemoneyshow.com, you’ll see at the home page, the color of money icon, click on that to start the free interactive risk analysis. There are 11 simple questions to answer that will provide you insight of your overall risk preferences. Once you understand the amount of risk you can handle, you can start the road map for your retirement. 

Your Safe Money Show Cruising in Retirement 4 8 17

Highlights for April 8 Your Safe Money Show

I am hearing about retirees doing their retirement their way by retiring on a cruise ship. We’ll see on this week's Your Safe Money Show, if that’s something you might want to consider,
Next we'll look at what are the best way's to get rid of unused medications? There’s more to this than meets the eye.
And I’ve had many people ask this question, what happens to your debt when you die? I’ll have answers and ways to handle those concerns.
Tune into KBEK 95.5 FM at 7:30 am this Saturday. They stream live at kbek.com.
To hear recent shows, go to yoursafemoneyshow.com at the podcast page

National Retirement Planning Week

National Retirement Planning Week® 2017, a national effort to help consumers focus on their financial needs in retirement, will run from April 3-7. The National Retirement Planning Coalition (NRPC), a group of prominent education, consumer advocacy and financial services organizations led by the Insured Retirement Institute (IRI), will support the movement with a number of coalition activities throughout the week.

The goal is to promote the importance of comprehensive retirement planning. Despite developing trends that have made planning for and funding retirement more difficult – it is still possible to “Retire On Your Terms” if comprehensive retirement plans are properly developed and managed. 

Tax Day

Current Interest Rates

The Fed recently raised its key short-term interest rate to a range of 0.75% (three quarters) to 1%. That's the highest the rate has been since 2008, and it's the first time the Fed raised its rate this year. The Fed kept the rates low for so long to help stimulate the economy after the financial crisis.
Let’s see what the rate hike means for you and me. First, the Fed would only be raising rates if it was confident the economy would continue to improve. That’s good news for Main Street even as interest rates rise, because continued growth hopefully comes along with more jobs and eventually, rising wages as well.
People looking to buy a home however, are experiencing higher prices and now higher interest rates as well.
Following the last two Fed rate hikes, major banks were quick to raise rates that borrowers pay on loans. But don’t expect the banks to suddenly pay higher interest on your savings account. Savings rates have barely budged over the last year.
We have to do the best we can with our finances as these adjustments happen.
Go to yoursafemoneyshow.com and check out the color of money risk analysis, it's a free interactive tool for you to find your risk tolerance.

Your Safe Money Show Housing Overview 4 1 17