Episode 231: Steve and John describe some alternative types of medical insurance coverage that you won't find on the Affordable Care Act government exchanges. They also look into the growing retirement crisis of lost pensions and 401(k)s.
Tune in to
MoneyMD as Steve and John continue their segment with three more potential
pitfalls for couples and their money. Then, with traditional pension plans
fading away, future retirees now need to be more disciplined in their
retirement planning to compensate for the loss. The Money Doctors discuss Dave
Ramsey’s advice on the subject. And finally, we have all heard that China is
gaining ground with the potential to surpass the United States as the world’s
next economic power, but what do the numbers say? Tomorrow morning, the Money
Doctors will look at the economic standings as of 2013.
In the beginning of this episode, Steve and John will explain why some pension funds can't offer
inflation protection and how you can compensate for this in your retirement
planning. Then, the path to retirement is full of
potential psychological and financial pitfalls. Listen to MoneyMD to learn about eight of the most common mistakes made when planning for
retirement. And finally, according to CNNMoney, women are almost twice as likely as men to live in
poverty during their retirement years. The Money Doctors will
discuss some of the leading factors contributing to this retirement gap and
some possible solutions for women to consider.
According to experts, the average investor
significantly underperforms the market. Find
out what mistakes to avoid on the first segment of MoneyMD. Then, deciding how much of your portfolio should be allocated to
stocks versus bonds is only the first step toward good portfolio
diversification. Tune in to MoneyMD to learn how to further refine
your mix and aim for a higher return. And finally, New Jersey is one of many states that is bleeding money from
its state pension plan because of a double-dipping loophole. Listen to the Money Doctors to
hear their diagnosis of this widespread problem.