The Get Ready For The Future Show

In this week's Fastest Four, Scott dives into the market's enthusiastic response to the recent election results. Learn how managing your emotions is just as crucial post-election as it was pre-election and the importance of sticking to your long-term investment strategy, even in the face of political changes. For charts and more episode information, visit: https://getreadyforthefuture.com/navigating-the-post-election-market-surge-key-insights-for-investors/

"My partner and I have $4.75 million saved, earn $250,000 a year, and only spend about half that. When can I quit working?" We're answering YOUR questions on this week's Get Ready For The Future Show!  With my husband's pension and the 17% we've been investing, is that enough? Do I need a trust if I'm retired and divorced with two adult children? With many seniors getting scammed, how do you protect your clients? And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to [email protected]! Visit the Internet Crime Complaint Center (ic3.gov) for more information about how to protect yourself against cybercrime and to submit a complaint if you or someone you know has been targeted. Originally aired 10/30/2024

Don't let politics destroy your investment strategy! In this episode of the Fastest 4 Minutes in Finance, Scott takes a look at historical stock market performance across ALL presidential administrations, how the U.S. economy grows regardless of who's in the White House, and why staying invested matters more than political allegiance. For charts and more episode information, visit: https://getreadyforthefuture.com/stock-market-secrets-how-your-political-bias-could-cost-you-millions/

"I’m 55 and I’ve got about $450,000 in retirement assets so far. What steps should I take now to ensure a comfortable retirement at 64?" We're answering YOUR questions on this week's Get Ready For The Future Show! Which sectors do you believe will be most impacted by the election results? Would you recommend I pay off debt before getting into rental properties? What if I plan on retiring now, before the year on my target date fund? And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to [email protected]! Originally aired 10/23/2024

A new study reveals a massive disconnect between what financial advisors claim they're discussing and what clients are actually hearing about retirement planning. In this week's Fastest Four, Scott's breaking it down! For charts and more episode information, visit: https://getreadyforthefuture.com/the-shocking-truth-about-retirement-income-planning/  

"I realized my advisor's only strategy is some version of the 4% rule. How do I know if I'll run out of money?" We're answering YOUR questions on this week's Get Ready For The Future Show! What is your outlook on interest rates? At 62, should I keep my Universal Life Insurance policy? With a lot of seniors getting scammed, how do you protect your clients? And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to [email protected]! Originally aired 10/16/2024

In this week's Fastest Four, discover why the U.S. retirement system scored a mediocre C+ in the 2024 Mercer CFA Institute Global Pension Index. Scott takes a look at the rankings and how to take control of your retirement so you can aim for an A+! For charts and more episode information, visit: https://getreadyforthefuture.com/us-retirement-grade-c/

"I own a small business. Can you help me decide what next steps to take to set myself up for retirement or set my family up for the future" We're answering YOUR questions on this week's Get Ready For The Future Show! What do you recommend if I'm 5 years out from retirement? I don’t like to live by a strict budget. Will I have to do that in retirement? How do I pick the right Medicare supplement? And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to [email protected]! Originally aired 10/9/2024

In this week's Fastest Four, Scott's breaking down an important issue BOTH presidential candidates are ignoring: the looming $35 trillion of U.S. debt. And more importantly, what it means for YOU and your financial independence. For charts and more episode information, visit: https://getreadyforthefuture.com/americas-debt-crisis-explained/  

"I’ve been single all my life and I’m heading into retirement next year. What are some things I should consider about retirement that may be different for me as a single woman?" We're answering YOUR questions on this week's Get Ready For The Future Show! As the Fed lowers rates, how does this affect my overall financial independence? My dad recently passed away and my mom is struggling with what to do financially. Should she invest the life insurance money? With a new baby on the way and college costs increasing, how much should I put in a 529? And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to [email protected]! Originally aired 10/2/2024

With the last few years of inflation, consumer spending has still been strong. But how?! In this Fastest Four, Scott's taking a look at how rising personal wealth has been fueling the economy and how it might be affecting YOUR economy. For charts and more episode information, visit: https://getreadyforthefuture.com/wealth-surge-fuels-economy/

"With the election, I’m wondering if I should start to diversify before things get too dicey?" We're answering YOUR questions on this week's Get Ready For The Future Show!  Does cashing out an Inherited IRA count as income against my Roth IRA income limits? My wife and I are struggling to decide when we should retire. Can you give us some pointers?  And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to [email protected]! Originally aired 9/25/2024

After a strong three quarters this year, the S&P500 is up 20% year-to-date with 39 all-time highs in 2024. But what does that mean for the end of the year? Scott's taking a look at September's surprising strength and what historical data suggests we could look forward to in the final quarter of 2024! For charts and more episode information, visit: https://getreadyforthefuture.com/2024-stock-market-soars-will-q4-continue-the-bull-run/

"I’ve heard a lot of friends talking about RILAs. Can you explain what they are and how I would know if I need one?" We're answering YOUR questions on this week's Get Ready For The Future Show!  I was planning to retire at the end of the year but lost my husband unexpectedly. Can I still retire? What advice would you give someone wanting to enter the financial planning industry? Does cashing out an Inherited IRA count as income against my Roth IRA income limits?  And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to [email protected]! Originally aired 9/18/2024

Discover why investors are flocking to defensive stocks in this week's Fastest Four! Scott breaks down the recent market shift from growth to defensive sectors like consumer staples, utilities, and healthcare. And learn how this rotation might signal economic changes and impact your investment strategy. For charts and more episode information, visit: https://getreadyforthefuture.com/market-shift-alert-why-defensive-stocks-are-suddenly-outperforming/

"Now that we're eligible again for a Roth IRA, should we fund that instead of the Roth 401k?" We're answering YOUR questions on this week's Get Ready For The Future Show! What should I do with a tax-free lump sum I'll be receiving? Should I start diversifying by buying bonds if I'm 5 years out from retirement? Should I up my life insurance policy? And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to [email protected]! Originally aired 9/11/2024

Don't let election year rhetoric cloud your financial judgment. In this week's Fastest Four, Scott's taking a look at the surprising relationship between politics and economic perception and how political bias can skew our view of the economy, potentially impacting investment decisions.

"I’m 55 and planning to retire early. What do I need to be aware of to try to decrease the amount of taxes I have to pay?" We're answering YOUR questions on this week's Get Ready For The Future Show! Can you retire comfortably at 60 with $1M? What are the benefits of a spousal IRA? I’m worried about a recession. Am I too risky right now? And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to [email protected]!   Originally aired 9/4/2024

The Federal Reserve is likely to cut interest rates. But what does that mean for you? Scott's diving into some historical data in this episode, and taking a look at how interest rate cuts have affected stock and bond performance.

"My wife and I both have pensions. Can we do anything now to minimize the tax burden in retirement?" We're answering YOUR questions on this week's Get Ready For The Future Show!  At what age should one start to consider Roth conversions from retirement accounts? How should we invest if interest rates fall?  Is it wise to save up enough cash to pay for a rental property for diversification? And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to [email protected]! Originally aired 8/28/2024

In this week's Fastest Four, Scott's diving into a recent survey about how Americans are approaching their Social Security benefits: Why 3 out of 4 Americans understand delayed benefits but only 1 in 10 plan to wait The most popular age for claiming Social Security (hint: it's not what you think!) Top reasons people are claiming early - including fears about Social Security's future The BIGGEST mistake 88% of Americans are making with retirement income planning

"I’m 61 and trying to figure out the right Social Security strategy for me. What should I do to get the most out of it?" We're answering YOUR questions on this week's Get Ready For The Future Show! With mortgage rates coming down, is now the right time to buy a house? Can you help me figure out if I need an annuity? How should we allocate the inheritance we just received from my wife's father? And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to [email protected]! Originally aired 8/21/2024

What is a yield curve? How is it connected to recessions and stock market performance? And what does any of this mean for YOU? Scott's breaking it all down in this week's Fastest Four Minutes in Finance! For charts and more episode information, visit: https://getreadyforthefuture.com/yield-curve-inversion-recession-indicator-or-bull-market-signal/

"Should I start paying down my mortgage more aggressively? If I do, it would cut into my Roth and HSA contributions." We're answering YOUR questions on this week's Get Ready For The Future Show! Can you explain inflation numbers to me and how I can adjust to them? Which accounts should I draw from first if I'm about to retire? Should we cut down some retirement contributions to fund our kids' education? And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to [email protected]!   Originally aired 8/14/2024

Worried about the 2024 election's impact on your investments? Scott brings surprising truths about stock market performance during election years and beyond. He's also breaking down historical data and debunking common misconceptions, with valuable insights for investors navigating political uncertainty. For charts and more episode information, visit: https://getreadyforthefuture.com/election-year-investing-stock-market-myths-busted/

I own a business that’s largely online. What would you suggest in the planning process for a smooth transition or sale of the business if I retire or pass away? We're answering YOUR questions on this week's Get Ready For The Future Show with a special guest, Attorney Chris Rippy from Rippy, Stepps & Associates in Conway! Can you help me understand how my beneficiaries will inherit my retirement accounts? What should I consider if my adult child is going to inherit $300k, but is financially irresponsible What's a tax-efficient way to donate assets to a charity when I die? And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to [email protected]!   Originally aired 8/7/2024

Dive into this week's rollercoaster ride on Wall Street! Scott Inman breaks down the recent market volatility, explaining why panic selling can be your worst enemy. For charts and more episode information, visit: https://getreadyforthefuture.com/wall-streets-wild-ride-why-panic-selling-could-cost-you/

I want to start a business in my “retirement.” Where should I start and what are some protections I need in place to keep my retirement assets safe? We're answering YOUR questions on this week's Get Ready For The Future Show!  Where should I contribute more if I just got a significant raise? My financial advisor suggests investing 20% of my assets in an annuity - is that a good idea? As a single dad of two teenagers, how do I know if I'm saving enough? And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to [email protected]! Originally aired 7/31/2024

Dive into the latest housing market trends with Scott Inman in this week's Fastest Four Minutes in Finance. Discover how the South has dominated home sales for 16 years and why the Great Reshuffle might be ending. For charts and more episode information, visit: https://getreadyforthefuture.com/housing-market-shift-is-the-southern-boom-cooling-off/

I'm 37 and plan to retire early in 8 years. Can I do that, and work part-time, when I get my pension? We're answering YOUR questions on this week's Get Ready For The Future Show! How do we know when we can spend a little more versus being more conservative with our hard-earned money in retirement? What should I do with an inheritance that I want to grow, but also access before retirement? At 42 and just starting investing, what are some ways I can try and catch up to where I should be? And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to [email protected]!   Originally aired 7/24/2024

Dive into the latest investment trends of 2024 in this quick financial update. Scott takes a look at where billions are flowing in the stock and bond markets with insights on market movements, sector rotations, and potential impacts of Fed rate cuts.

My wife and I have a stereotypical 60/40 split. Are we “safe” enough? We're answering YOUR questions on this week's Get Ready For The Future Show! ✅ Should I be worried about a recession after the election? ✅ Are there any tax-efficient strategies for transferring ownership of my business when I retire? ✅ Is $1M enough to retire comfortably with recent soaring inflation? All this straight talk and more LIVE, Wednesday at 11:30!🎙️ - ❓ Have your own questions? Call or text us at 501.381.5228 or email [email protected]. We're here to help you navigate the journey to true financial independence. See you there! Originally aired 07/17/2024

In this week's Fastest Four Minutes in Finance, John dives into how past Presidential Elections can affect the Stock Market. Can you really prepare yourself based on who wins? 

Do you recommend prioritizing maxing out both our IRAs before making contributions to a brokerage account? We're answering YOUR questions on this week's Get Ready For The Future Show! Can I comfortably retire with $800k in my 401(k) and Social Security? How does government spending play into inflation? What advice can I give my adult children who are receiving a sizeable inheritance? And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to [email protected]! Originally aired 7/10/2024

In this week's Fastest Four Minutes in Finance, Scott dives into LPL Research's Mid-Year Market Outlook and explores the surprising link between home refinancing and consumer spending that may have prevented a recession.  For charts and more episode information, visit https://getreadyforthefuture.com/housing-market-secrets-how-refinancing-saved-the-economy/

I’m 57 and have had some health scares lately and I'm thinking: what kind of options do I have for healthcare in retirement? We're answering YOUR questions on this week's Get Ready For The Future Show! How can I leave money to my kids without burdening them with taxes? My wife and I are in our late 40s: should we sit down with an advisor? And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to [email protected]!   Originally aired 7/3/2024

We're keeping it simple this week on the Fastest Four with a special Independence Day message from Scott Inman.

My husband and I have $200,000 in a high-yield savings account: are we beating inflation? We're answering YOUR questions on this week's Get Ready For The Future Show!  What’s the best thing for me to do with my money after selling shares of my business? My wife and I are retired with $1.2 million: should we claim Social Security as late as possible? I have some decent savings and investments, but should I pay off my mortgage before I retire in 10 years? And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to [email protected]!   Originally aired 6/26/2024

Worried about investing at stock market all-time highs? Don't be! In this week's Fastest 4 Minutes in Finance, Scott Inman breaks down why market peaks aren't as scary as you might think.

I'm 54 with $690,000 saved for retirement. Am I on track to retire at 62? We're answering YOUR questions on this week's Get Ready For The Future Show!  I want to get as much as possible out of Social Security – how do I maximize my benefit? Gold is always a big talking point, but what about copper? Should we downsize our house before we retire?  And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to [email protected]!   Originally aired 6/19/2024

Is Generation X facing a retirement nightmare? Join John Shrewsbury in this week's Fastest Four as he breaks down the shocking stats on Gen X's retirement savings, healthcare concerns, and financial challenges.

I’m planning to retire next year, but I’m not sure how to adjust my investments as I get ready to retire. What changes should I make to my strategy? We're answering YOUR questions on this week's Get Ready For The Future Show! Do I need a will, a trust, or both? Is it OK for me to save money in a money market account for a home purchase down payment in 5 years? In the current environment, should I keep some extra money in cash or should I look at something like a bond fund? And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to [email protected]!   Originally aired 6/12/2024

In this week's Fastest Four Minutes in Finance, Scott's breaking down May's latest inflation numbers and what they mean for the economy.

How do I help my 20-year-old determine how much to contribute now, what to invest in, and when to talk to a financial advisor? We're answering YOUR questions on this week's Get Ready For The Future Show!  Are annuities something I should consider to help provide lifetime income? What do I need to do if I want to retire at 55, but also want to travel and volunteer in retirement? As a firefighter, how much income should I plan for in addition to my pension?  And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to [email protected]!   Originally aired 6/5/2024

Smart Asset has a new study out detailing where retirees live on the most income in the US and the results are surprising! Scott breaks down the details into what you need to know in this week's Fastest Four.

How do you think the outcome of the election will impact the markets? Who does the market want to win? On this week's Get Ready For The Future Show, we're answering YOUR questions!  What impact do you see the US debt having on our investments? How do you tell if inflation is really coming down when I'm not feeling it in my bank account? How can I minimize taxes down the line if I'm worried, especially depending on the election? And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to [email protected]!   Originally aired 5/29/2024

We're celebrating National 529 Day in this week's Fastest Four! Learn about how to: set up a 529 account invest for tax-free growth make tax-free withdrawals for qualified education expenses enjoy state tax deductions  Get the inside scoop on 529 plans and start saving today!

What do you think about Roth vs traditional benefits when you have a sizeable pension?  On this week's Get Ready For The Future Show, we're answering YOUR questions! What should we consider if we want to move out of state when we retire? With a state pension, should I be more aggressive with my 457 investments? Does it make sense to alter investment location strategies to plan for the possibility of forced retirement? And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to [email protected]!   Originally aired 5/22/2024

Are you on track for a comfortable retirement, or just settling for the average savings? In this week's Fastest Four, Scott breaks down the latest retirement savings statistics and why aiming for "average" is a surefire way to fall short. 

I'm 62 and want to retire, but my wife wants to delay taking Social Security - what are the risks and benefits? On this week's Get Ready For The Future Show, we're answering YOUR questions What are the best available options to retire if I'm self-employed? Does it hinder me to invest in Target Date Funds? Should I start a business to help keep track of my side gigs? And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to [email protected]!   Originally aired 5/15/2024