September 28th highlights for Your Safe Money Show

 Here's what we have planned for this Saturday's (September 28th) Your Safe Money Show. Todd will have 6 estate planning mistakes Prince and other celebrities made. The FDIC, the Federal Deposit Insurance Corporation, is from the government and really is here to help, he will explain. And he’ll have how to manage an inherited IRA. Listen at 8 a.m. at Nice 95.5FM KBEK. They stream live at kbek.com. Hear recent shows at yoursafemoneyshow.com.

Your Safe Money Show Make your home EV ready 9 21 24

Topics for Your Safe Money Show September 21st

 For this Saturday's September 21st Your Safe Money Show Todd will debunk myths about women and money. He'll also share how to make your home EV (Electric Vehicle) ready. And he has financial strategies for single adults. Listen at 8 a.m. at Nice 95.5FM KBEK. They stream live at kbek.com. Hear recent shows at yoursafemoneyshow.com. Also go to Youtube and Facebook under Your Safe Money.

Be aware of risk as you age

 

Your Safe Money Show In retirement is it better to rent or own 9 14 24

Highlights for Saturday September 14th Your Safe Money Show

 Coming up on this Saturday's (September 14th) Your Safe Money Show. Todd will have a recent money survey information about Americans being stressed about their finances. He'll also have the benefits of estate planning. And should you rent or own in retirement? Listen at 8 a.m. at Nice 95.5FM KBEK. They stream live at kbek.com. Hear recent shows at yoursafemoneyshow.com, on Facebook and YouTube under Your Safe Money.

Set appointments now for Open Enrollment

 Open enrollment for Medicare starts October 15th. It's not to early to make an appointment with Todd. Call 320-679-5183.

Recent scams

 There have been 4 scams that are front and center this summer, concert and event ticket scams, vacation lodging scams, apartment rental scams, and student loan forgiveness scams. (Discuss) A consumer fraud expert has these tips to keep in mind: Keep your personal information to yourself. Do not share confidential information like your address, Social Security or credit card numbers unless you are certain the website or app is legitimate. Avoid clicking on unverified links. Some bad actors may use the name of legitimate businesses, but then take you to a website that has nothing to do with that business. Verify before entering any personal information that the site is legitimate. Watch for AI/deep fake imitations. Fraudsters may use AI to create deep fakes, whereby reputable public figures seemingly endorse a company’s products or services on social media. While you may be swayed into thinking it’s a legitimate endorsement, “the reality is that’s not the case,”. Do your due diligence on vendors. Sources like the Better Business Bureau and the Federal Trade Commission can provide background information on businesses, including whether there are consumer complaints against them. Set up real-time purchase alerts. By monitoring your accounts on a real-time basis, you can more quickly find any potential fraudulent compromises. Remember if something happens your credit card offers more protections than a debit card. Alert your financial institution if you see suspicious activity. While consumers may think of big-time purchases when it comes to fraud, often it starts with much smaller transactions of as little as $1. By alerting your credit card company or other financial institution about even small unknown transactions, you can potentially save yourself further trouble. For more information go to yoursafemoneyshow.com.

Your Safe Money Show Difference between a pension and a 401(k) 9- 7- 24

Highlights for Your Safe Money Show for September 7th

 Your Safe Money Show for Saturday September 7th at 8 a.m. at Nice 95.5FM KBEK. Todd Sjoberg your host will talk about things you should know about life insurance. He’ll also have practical ways seniors can cut expenses and what’s the difference between a pension plan and a 401(k)? They stream live at kbek.com. You can hear recent episodes at yoursafemoneyshow.com and on Youtube and Facebook under Your Safe Money.

Longevity

 On last week’s show we talked about calculating your longevity and if you missed the show go to yoursafemoneyshow.com to hear it. I bring that up because the world’s oldest person passed away last week, and her name was Maria Branyas Morera. She was 117 years and 168 days old. She was the 8th oldest person in history according to Guinness World Records. They say except for some hearing and mobility issues, she had no major health issues. She died in her sleep. The family said in recent days she had spoken of feeling close to death and would miss drinking coffee, eating yogurt and seeing her pet. She said she attributed her longevity to “luck and good genetics. She also said “order, tranquility, good connection with family and friends, contact with nature, emotional stability, no worries, no regrets, lots of positivity, and staying away from toxic people. She lived through two World Wars, the Spanish Civil War and two pandemics, the 1918 flu and Covid 19. She contracted the coronavirus in 2020 at age 113 but made a swift recovery after suffering mild symptoms. Based on a 2022 estimate by the United Nations, there are 593,000 centenarians around the world. It’s a fast-growing age group, and the U.N. projects there will be 3.7 million centenarians alive by 2050. Longevity is something I use along with several other factors when formulating a retirement plan. Ask for our Safe Money Kit by going to the website yoursafemoneyshow.com to get your plan started. You can also stop by the office at 139 Union Street in Mora.

Your Safe Money Show Traveling in retirement 8 31 24