The Financial Quarterback® Podcast with Josh Jalinski
Business:Investing
How Inflation is Eroding Savings & Pushing Americans into a Paycheck to Paycheck Existence
Airdate: 10/22/2023
Josh busts pervasive retirement myths, starting with the often-misunderstood limitations of Social Security and Medicare, and the reality of post-retirement expenses. He then tackles the myth of guaranteed work longevity and the illusion of drastically reduced costs in retirement, followed by a crucial discussion on the necessity of diversified, savvy investing. Shifting gears, Josh addresses the financial and legal considerations for grandparents raising grandchildren, offering insights into available assistance and tax benefits. He wraps up by emphasizing the importance of regular financial check-ups, especially in the face of inflation and rising living costs, and explores why even six-figure salaries are no longer a surefire safeguard against living paycheck to paycheck.
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