#78 – Boost Your Retirement Strategy: What The One Big Beautiful Bill Might Mean For Your Money

Wes Moss [00:00:27]:
Based on the long running WSB radio show, this Money Matters podcast is tailor made for both modern retirees and those still in the planning stages. Join us in this exciting new chapter and let’s journey toward a financially secure and joyful retirement together. Wes Moss along with co host Jeff Lloyd in studio in vivo. Jeff Lloyd we got a lot to talk about. One big beautiful bill, markets, why deficits may not be as scary as they sound, and a happy retiree living the H Rob Life letter follow up that I just got this week, which was pretty awesome. So how was your fourth, Wes?

Jeff Lloyd [00:01:13]:
Thanks for having me back. Good to be back in the studio. My fourth was fantastic. We just had a great all American weekend pool party, grilling out hamburgers, hot dogs, some fireworks, some family time. It was great. How about you?

Wes Moss [00:01:30]:
Well, now that you mentioned, I was up in Michigan for a couple of days and it was just a, just, it’s such an American place. And it was just, you’ve got American flags everywhere. Lynn put out the American banners out in the neighborhood. We’ve got, it was, it was fantastic. And it stays really light at this time of year because I guess we’re at the edge of the next, right at the edge of the time zone. So it doesn’t really get dark until after 10 o’. Clock. And so it was almost still a little bit light with fireworks.

Wes Moss [00:02:02]:
And it was just, I would say it was magically American. But here is, I’ve got some. I can’t, I don’t know where you come down on this. I know Connor Miller and he’s not here to defend himself. I had a grilling issue and I went to go get a green egg and they didn’t have any. And when you’re in a small town in Northern Michigan when they say they don’t have anything, it’s not like being in Atlanta where you say, well, okay, I’ll just go to the next store that’s a half a mile away. And do you have them there? It’s like, no, no, we don’t have them, period. And you could drive maybe two hours to get one.

Wes Moss [00:02:36]:
So the only option I had was a Traeger and I got a Traeger grill and, and I was sold this Traeger is just like any other grill, but it’s great for the low and the slow. Turns out it’s the kind of grill if you have a whole lot on it. So we had all this family over and I had I think 15 or 18 hamburgers on it. It overheated and it shut down on me. And to me, that’s just un American. You cannot have a grill in America when you’re cooking burgers, that gets, quote, too hot. So I look it up and it says that once it goes over 500 degrees, it shuts down. You have to unplug it, restart it.

Wes Moss [00:03:13]:
It’s over for me. No more Traeger ever selling it.

Jeff Lloyd [00:03:17]:
I thought the whole point of Traeger was that it’s fired by these, like, wood pellet, right?

Wes Moss [00:03:23]:
Oh, so you don’t have one but itself.

Jeff Lloyd [00:03:26]:
It’s supposed to like self regulate the temperature. I thought that was the whole point of that type of grill.

Wes Moss [00:03:32]:
But when you have a bunch of ribeyes and it gets hotter because you’ve got fat dripping down from burgers, it can overheat. And that’s a common problem once reading. And I think it’s still a wonderful piece of machinery for if you’re doing the low, slow, long. But it’s not a regular American grill where you can have 5 steaks and 10 hamburgers. Wrong Grill for that.

Jeff Lloyd [00:03:55]:
Okay, can I throw out this disclaimer that was not a buy, sell or hold recommendation for Traeger. Traeger is actually a publicly traded company. It has a fantastic ticker. Do you know what the ticker is?

Wes Moss [00:04:09]:
Low and slow Cook.

Jeff Lloyd [00:04:11]:
C O O K Cook.

Wes Moss [00:04:13]:
Yeah. Oh, I see. I didn’t. I don’t know if I even knew it was public. I thought it was owned by a big conglomerate. Anyway, I still love Traeger. I don’t mean to say anything. It’s just the wrong grill if you’ve got 18 hamburgers on it.

Wes Moss [00:04:25]:
I’m just going to say that and we’re going to move on. I’ll bring it up with Connor Miller next week. We got to talk about one big beautiful bill. And we’ve got markets this week with. I mean, Nvidia hit over $4 trillion. The NASDAQ hit another high. Microsoft hit another high. Delta shares up.

Wes Moss [00:04:41]:
Big M and A announcement. We got W.K. kellogg, who. We talked about this maybe a year ago with the war on Toucan Sam because of all the dyes and Froot Loops, but they make Frosted Flakes, Fruit Loops, Special K, and they’re now getting acquired by Ferrero Group. That’s the company that makes Nutella. So we’ve got the sweet. I think it’s hazelnut spread. Buying another heavy sugar company.

Wes Moss [00:05:08]:
Maybe they need more forces combined because there’s still a war on sugar here in the United States.

Jeff Lloyd [00:05:13]:
I think we’re going to see some cereal crossover with Nutella and Frosted Flakes or Froot Loops or Special K getting some Nutella in it. So that’s my prediction on down the road for this, this M and a activity.

Wes Moss [00:05:28]:
So W.K. kellogg 3.1 billion. And that that stock was through the roof on the announcement. So we’ll see what happens to this. We also saw that President Trump this week calling on Jerome Powell, his favorite pinata, to lower interest rates by 300 basis points. That means three full percent. So that means we would go from essentially four and a quarter, four and a half where we are today, down to one in something which it would be if you go back over history, you pulled this. Jeff.

Wes Moss [00:05:58]:
Jeff. Even in March, at the beginning of COVID when the Fed started lowering rates, they only lowered at 1%. And the financial crisis in 2008 and the financial crisis, I mean, we’ve only saw. Now, granted, there were some subsequent rate reductions after that, but to call for a full 3%, I mean, I know, look, lower interest rates, everybody that’s trying to buy a house would love that. Lower interest rates are not a bad thing. Lower interest rates, good for deficits because we’re paying interest on the debt, which we’re going to talk about here today. So it would be great to have lower rates. I just don’t know if Jerome Powell and company are ready to move that fast.

Wes Moss [00:06:37]:
I mean, we’ve been waiting for just 1% reduction over the past year. We haven’t really gotten much. And so I don’t think this is gonna move the meter. It’s a little bit like a. I don’t know that there’s no way we’re gonna get close to that, but it can maybe moves the ball forward to get some rate cuts in the system. Yeah.

Jeff Lloyd [00:06:53]:
Now the Fed meets and we’ll know their decision at the end of July. But I’m just gonna go ahead and say here on Money Matters, and I can’t say it with 100% certainty the Fed’s not going to cut 300 basis points in two weeks.

Wes Moss [00:07:05]:
Yeah.

Jeff Lloyd [00:07:06]:
It’s just not going to happen.

Wes Moss [00:07:07]:
I sure hope they don’t.

Jeff Lloyd [00:07:08]:
That means where there’s some other something is majorly broken. If that happens.

Wes Moss [00:07:12]:
I would agree. We hope that doesn’t happen. The other thing I think that’s interesting is as we kind of sit here and look, yes, we’re past the mid year mark and now we’re halfway through July. But if you look at where we stand, it’s a kind of an interesting year where and I’m going to take W.P. kellogg off my screen because that stock obviously shot up at the end of last week. But you see this big drawdown year to date, remember early to mid April stocks sold off dramatically. We were down really almost in a quintessential calendar year. Remember the chart and I think you printed it this week, Jeff, which was the average inter year drawdown which is 14, 15%.

Wes Moss [00:07:52]:
Well we’ve had that this year. We were down 19% on a closing basis and a little over 20% on an intraday basis. And that was in that mid to early July period and markets were down dramatically. But here we are now a little more than halfway through the year and we’ve seen some really nice performance and a broadening because we see both the S&P 500 up around 7% and dividend stocks which held up a lot better during that period of drawdown, they’re up around the same. So we had less volatility with dividend paying stocks in general. And here we are around the same place as the more tech heavy S&P 500. And that means markets have broadened out and we have more participation from companies that are outside the technology sector. Now on the safety side, the dry powder side of the equation, if I’m looking at the aggregate bond index, which again is almost like the S&P 500 but only for bonds, only for fixed income.

Wes Moss [00:08:47]:
And it’s a nice proxy for where fixed income has been so far this year. And if I’m look from a price perspective, it’s pretty flat. But if you include the interest that we’ve been getting, and that’s a big reason you’d own bonds, instead of a 1.5% rate of return, total return with price up about a little over 3.5%, we’re getting some nice overall movement in the right direction from both the S&P 500, which is tech heavy and the non tech heavy, more dividend oriented part of the world in the market. And some nice participation by fixed income too. The dry powder actually doing its job contributing to the overall mostly through income, which I’m fine with. But at the same time it’s been a good year. If we were to have gone to sleep. Missed.

Wes Moss [00:09:36]:
Hey, I was asleep for April and May. You’d look up here in the middle of July and say, wow, things have. It’s been a really nice year. It’s been a good year for investors, a good year for 401ks.

Jeff Lloyd [00:09:46]:
Yeah. Think about if you’re an investor and you checked your 401k balance at the end of 2024, six months later, end of June, hey, I’m going to go check my 401k balance. If you would have seen what happened between the end of the year with your 401k balance and at the end of the six months, you would have been like, okay, you know, it’s been a, you know, a pretty good year, I guess. Nothing major has really happened around.

Wes Moss [00:10:12]:
Nothing major has happened except huge tariff.

Jeff Lloyd [00:10:15]:
Turmoil, tariffs, a new administration, geopolitical conflicts, you name it. It’s been in there week in and week out. Yet here we are, you know, we’re almost halfway through. It sounds funny to say that we’re almost halfway through July, but we’re already halfway through the year and market’s been ticking up ever since that, you know, tariff tantrum at the end.

Wes Moss [00:10:38]:
I’m not going to say it’s behaving well, it’s just that it has overall in a decent place. So now the, the next big question for all of us, and obviously this was signed on Independence Day, so this was July 4th, the signing of the Obbba, the one big beautiful bill act, how it’s probably easier to call it the obbb. And there’s just so much in it, and we really haven’t given a take on it. I would say we’re going to talk through what I think are the biggest provisions in this the permanent extension of the 2017 tax cuts. What does that really mean? Where would they have gone and where are they staying? The salt cap deduction, what that actually means for an individual in America that’s been capped at 10,000 in a deduction, now they can maybe deduct 20 or 30 or all the way up to 40. What does that mean from a dollar perspective for them in their pocket? The deductions for tip, the no tax on tips, or mostly no tax on tips, I would call that. So there’s a lot to go through. And I look at many of these and again, this is not a political.

Wes Moss [00:11:42]:
We don’t even wade into politics here. We’re just here on money matters. And we’ve done this now for the existence of money matters is to not weigh in whether we think these are good or bad. It’s just they are, these are the cards that we have been dealt as investors. So we just have to live with the reality. So it’s they’re not good or bad. They are now what they are. This is a new law.

Wes Moss [00:12:02]:
It’s a new tax code here in the United States. So we just have to be prepared for it and understand it. Now, it’s hard to say that economically though and from a stock market perspective, it’s hard to say that it is not a net positive. You’ve got more growth, more deduction for businesses, lower taxes, more money in people’s pockets. Now on the flip side of that, where the bill is going to get criticism is the increase in debts and deficit. Now again, hard to argue that it’s a good thing to have 35 trillion plus and growing. This bill is supposed to add 4 to 5 trillion dollars over the next decade. However, this is coming from Steve Eisman from the Big Short, who I’d call somebody who is very nervous about debt and called the mortgage crisis and the financial crisis back before anyone else did.

Wes Moss [00:12:52]:
He’s not worried about it. So we’ll talk about why he’s not worried about it and if that makes sense as well. So let’s go do this first provision and I think we’ve been hearing this. It’s, this is not a big change, but it is a big change because the change is that rates are going to stay where they are and not revert back to where they were before the 2017 tax cuts and Job Act. And that’s what makes this first one maybe a tiny bit confusing. So put some numbers to this. So again, what the one the OBBB does is it cements in which were scheduled to change at the end of this year the individual tax brackets and the standard deduction increases that were introduced by the 2017 act so that it’s cemented in 2017. What that means for you, us, we is that our tax rates aren’t going up in 2026.

Wes Moss [00:13:46]:
For example, 22% tax bracket, someone married, filing jointly. That’s covers income from around 97,000 to 207,000. I’m kind of rounding here previously that bracket. So before we had the tax cuts that are now permanent, the bracket would have jumped closer to 25%. Instead it’s going to stay closer to, it’s going to stay in that 22% range. So that right out of the gate think about 3% on your income. So think about 3% on $100,000 worth of that bracket, 97 to 207 you’re talking about. Well, it’s a little more than that, obviously, but that’s a call.

Wes Moss [00:14:28]:
It could be a $3,000 swing of after tax money that is now in your pocket where it may not have been before. So I think that’s a really good example that this is putting more money in people’s pockets for the most part. And I know I’ll get letters that say, well, not this category, not that category, but again, this is what the bill is saying. Your tax bracket would have probably gone up. You would have paid more in taxes next year. The one big beautiful bill, now that that’s in place, that should not happen for, again, most Americans. Number two, the SALT cap deduction, that used to be $10,000, now it’s $40,000 for households earning less than 500k. As an example, before we go to break, if you’re a Georgia resident paying 20 grand in state income tax and property taxes, you used to only be able to deduct 10,000 of it.

Wes Moss [00:15:21]:
Now you can deduct the full 20 up to 40,000. So for some people in the 24% bracket, that could save you an additional call. It we did the math on this, 2000 to 2500 bucks a year again, 2500 dollars more in your pocket to be able to spend and put back into the economy again. That’s why the result of so many of these provisions, it’s hard to not see it as a real positive in the short and at least intermediate term. More money matters straight ahead. Our research shows the number one fear for retirees, uncontrollable economic and market swings. And after the last five years, that’s totally understandable. But here’s the good news.

Wes Moss [00:16:04]:
Happy retirees are twice as likely versus unhappy to have a financial plan. A plan can calm those worries. My team at Capital Investment Advisors would love to help your family build a plan you can feel confident about. Just pick a time that works for you@your wealth.com. that’s why, just for the record, during the commercial break, Connor Miller listening, called to ensure us that he did not actually have a Traeger. So I didn’t want to paint him with that brush. That’s not the grill he has. He used to have one many years ago and he gets it.

Wes Moss [00:16:42]:
And we’re not going to talk. I just didn’t want to throw him under the bus with the Traeger story. Yeah.

Jeff Lloyd [00:16:48]:
So he, he doesn’t have to come on the next time and defend himself on the show. He, he wanted to set the record straight, not a Traeger.

Wes Moss [00:16:55]:
All right, all right. We’re diving into the obbb, the one big beautiful tax bill that was just passed at the beginning of this month on Independence Day, what it means for your wallet. And then really what matters is what do we think it’s going to do to the market, the economy, your 401k. That’s really what matters here. We’re not trying to politically parse this and figure out if it’s good policy or bad policy. It’s just the policy. And we’ve been big believers over the years. It’s just understanding and dealing with the cards we have been dealt as opposed to being upset or even excited about the cards that are dealt.

Wes Moss [00:17:31]:
Now, I will say this. In total, this bill is meant to be stimulative for the economy, and it’s hard to argue with that. The very first provision we talked about, and we’ll go over this briefly again, making those tax cuts that came in 2017, cementing them in and making them permanent, it’s real net money in your pocket at the end of the year because of the cementing of this. The example we used, if somebody was in the 22% tax bracket, that would have potentially gone to 25. That’s the 97 to $207,000 bracket for a couple, married couple filing jointly. Do the math on that. And if you’re at the upper end of that bracket, staying at 22 versus 25 is 3% on over 100 grand. So it’s call it $3,000 more in your pocket.

Wes Moss [00:18:23]:
That goes a long way. That is after tax money that you’re keeping that you wouldn’t otherwise keep. Now, SALT deductions, Jeff Lloyd, I know we gave an initial example of that. Now we’ll do a slightly larger example because we’ve been getting people want to understand salt. So SALT is state and local income taxes. If you pay 20 grand in Georgia taxes and you pay 10,000 in property taxes, it’s $30,000 worth of salt in the bucket, if you will. Before the bill, you can only deduct 10,000 of that. Now you can deduct all the way up to 40 of that.

Wes Moss [00:19:00]:
Now, what does that mean? So here’s an example. So and again, you have to be a household earning less than $500,000. So this applies to a lot of people. If you’re a married couple filing jointly, making $400,000 a year here in Georgia, income tax rate roughly 5.2% right now. So you’d pay about $21,000 in state income taxes alone. Let me just double check my math that, Jeff Floyd. $400,000 at, let’s call it 5.2, right around 21,000. Now let’s say you have another 10,000 in property taxes that would together with 21,000.

Wes Moss [00:19:37]:
Now you’re at $31,000. Under the old cap, you could only use or deduct 10,000 of that. You missed out on deducting a whole nother 21,000. So now that there’s a $40,000 cap, you can deduct the whole thing. Now you would have had savings under the 10. So you’re getting an additional $21,000 worth of deduction. 21,000 times, let’s say a bracket of 32. You’re talking about around $6,500.

Wes Moss [00:20:08]:
So again, 6,500 more dollars in your pocket at the end of the year, $3,000 more at the end of the year in the first, just making tax cuts permanent. We’re only a number two here. And again, this may not be fully apples to apples. You’re talking about $9,000 worth of money in your pocket that you didn’t have before divided by 12, $750 a month. It’s a big number. Now again, I just used two examples, one of somebody making up to 207, this one making 400. So this is not exact 1040 math here. We’re not CPAs.

Wes Moss [00:20:47]:
So check with your CPA when it comes to this. Of course this won’t really you’re not going to be talking to your CPA about this today, but these are the conversations you do want to have as you do your year end planning in 2025 for next year. So you’re going to really want to sit down with your accountant, your CPA and your tax team to get the hard and the fast numbers here and how it impacts you individually and specifically. We’re just going over the larger, let’s call it the larger pieces of this brand new legislation that we think that probably move the meter the most. Jeff Floyd, between deductions for tips and overtime pay, estate tax exemption, business expensing made permanent, and the increases in defense and border spending. Which one do we go to next? You tell me. Let’s go to the tips.

Jeff Lloyd [00:21:36]:
I want to hear about these tips because this was something that we heard a little bit about on the campaign trail and this is coming to fruition with this bill that was signed on.

Wes Moss [00:21:47]:
The 4th of July now, okay, so I would call it the phrase that I think all the political parties use was no tax on tips. If I had to rename it, it’s mostly not a whole lot of taxes on tips because there’s some limitations here. Here are the numbers. If you’re still working, let’s say in semi retirement, say you’re picking up hours at a restaurant or doing some shift work. Now you can deduct up to. And here’s the limits. It’s not on all tips, but up to 25 grand in tips. It’s a big number.

Wes Moss [00:22:16]:
And up to $12,500 in overtime. So think about this. For a worker earning 50,000 or 75,000, and a lot of that’s coming from tips that could again mean thousands of dollars more in your pocket. More realistically, though, let’s say you’re just, you’re part time. Somebody’s making $30,000 a year in retirement. 20,000 of that is coming from tips if they take the standard deduction. So it’s $15,750 for married filing jointly or for single filers, and $31,500 for couples filing jointly. They may not already owe all that much because if your total income is $30,000 to begin with after those standard deductions, they may not have a whole lot of tax to begin with, but there could be some.

Wes Moss [00:23:03]:
They could be paying 1,500 bucks, maybe 2,000, $2,400 because of that income, probably closer to the 1500 range. And we did a lot of different scenarios here. But what I’m seeing is that now that would potentially go to zero. If your whole income is 30 and 20 is tips and that entire amount gets excluded, you’re looking for paying at least a little bit in taxes. Call it 1500 bucks down to zero. Now, I just heard the cash registered ring again. Cha Ching. Another fifteen hundred dollars.

Wes Moss [00:23:35]:
Your wallet. Let’s see what’s next, Jeff, you tell me. Estate tax, defense spending, or business expensing made permanent.

Jeff Lloyd [00:23:43]:
Let’s go to business expensing made permanent.

Wes Moss [00:23:47]:
All right, I think this one’s fun. Let’s think about. So we get now full expensing for equipment, for research and capital investment that’s now locked in for businesses. So let’s say you own a small business. And again, this could take so many different forms. This is just a broad brush example. There’s now real incentive to buy something new that is particularly if you need it anyway, because now you get to deduct it in one big Chunk or at least part of it. So let’s say that Peter and Pamela, they’re running a commercial printing business.

Wes Moss [00:24:24]:
They’re already planning on buying a new high capacity printer cost 250k by the way. I have no idea if a high capacity printer really costs that. I’m sure if it’s big enough it might before the obbb they still could depreciate it but they could only do so over several years. Now with this full expensing they can potentially and I want to just, I’m going to throw the word in potentially to caveat this because again this is all brand new. They could potentially deduct the entire 250k from their income in that year. Assuming they’re in the 32% bracket. That could be a tax savings of up to $80,000. Now they already needed the machine to begin with.

Wes Moss [00:25:05]:
They say now wait a minute now instead of deducting it over many years, hey, let’s do it now because we get a big deduction for doing so. Now what does that do? Jeff Lloyd to businesses? Well, the whole point here is to stimulate investment in the future. Hey, let’s go ahead, we’re thinking about doing something. Let’s go ahead and do it now. The result of that is hopefully, and I’m a big believer that this does work because of the army of American productivity. Peter and Pamela are planning about their printing in the future. They’re thinking about how do I make the business a little bigger, a little stronger, a little better every single day. Because they’re part of the army of American productivity too.

Wes Moss [00:25:48]:
There’s a little more of incentive to do that.

Jeff Lloyd [00:25:50]:
And what can they do with those tax savings? They can hire more people, they can maybe market more to help grow their business. Maybe they can contribute a little bit more to their employees retirement savings. So you’re talking about a lot of different things that can happen here.

Wes Moss [00:26:08]:
It doesn’t take much for a little bit of real life optimism to roll off the tongue of Jeff Lloyd. You’re right, exactly right. That’s. Those are all the things that are supposed to happen and they do happen. A business owner gets, has that much more money to work with all of a sudden over because of a rule change. It’s not just going into their pocket. Sure, they could keep the whole thing but business owners don’t. They don’t.

Wes Moss [00:26:32]:
That’s not how it works. Business owners look at this and say well maybe we’ll keep a little bit of this extra but we’re going to probably reinvest it in the business to make it more sustainable longer and the folks that we work with so that we have retention. So I think it’s again, I’m a big believer that it’s good overall. We’re gonna have to zip through a couple of these because I want to talk about the deficit increase, supposedly, and the debt increase, supposedly. Another big provision here, estate tax exemption increase that now rises to $15 million per person worth $30 million for couples. That’s indexed for inflation. Again, most Americans don’t face a big estate tax bill at all. But if you’re doing legacy planning and your net worth is call it $15 million plus, this buys you a little bit more room to pass on wealth without having your heirs pay a big, big inheritance tax, which again is call it around 40% of the inheritance over these limits.

Wes Moss [00:27:35]:
So if it’s a really big estate, it can be a really, really big family tax bill. We’ll round this out. Jeff Lloyd by talking about defense and border spending increases. These are just big numbers that are going again, you can say this is a cost part of this is going towards increasing the deficit. The defense budget for last year according to USA fax was about 873 billion. Now it’s going to be a little over a trillion. Customs Enforcement, Immigration and Border Patrol, that’s getting a huge boost over the next several years. So more money going towards that now.

Wes Moss [00:28:11]:
Put it all together. It’s great. Sounds good for the economy. All these different provisions we just talked about pretty much no tax on tips, locking in the lower tax rates from 2017 tax cuts. SALT, I think is huge for millions and millions of Americans. But how do we pay for it? We’ve got four. It’s going to cost four to $5 trillion in new or extra debt according to several different estimates. Now, it could also stimulate the economy and start to offset that.

Wes Moss [00:28:44]:
But what do we think about that debt? The main character from the Big Short, Steve Isman, he was played by Steve Carell, by the way, in the movie. He’s a debt hawk, almost a Chicken Little about debt. He was on CNBC Fast Money, and it caught my ear and he said, look, it’s pretty simple. If there were any real alternatives to Treasuries, that’s us Treasuries, then all this stuff about the deficit is something that he would worry about and pay attention to. But as long as there’s no alternative, and again, I would consider to me, for safety and safety, there’s still really no alternative in my opinion, and really Globally, it’s still the global safe haven. He said there’s nothing to talk about. So the translation here, yes, the US Has a big debt issue, it’s a problem. And yes, the new bill adds more fuel to that.

Wes Moss [00:29:36]:
But no, that doesn’t mean markets are going to go haywire anytime soon. And we’ve even seen interest rates stay very, very stable over the last several weeks as this has gotten gone through different iterations and then ultimately got passed. 10 year treasury yield is still right around 4.4%. So Jeff Lloyd, we talked a lot about change today and this is kind of a giant five gallon bucket of change dumped on us all at once here. We’ll all kind of process that over the next several months and obviously years. But if you’re going through change as well, whether it’s a job change or you’re thinking about a life change, maybe going into retirement and you’re just for some reason, who would ever imagine that it’d be confusing because you’re thinking about your planning and how all this impacts you and your investments, or you’re worried like most Americans almost at any asset level about maybe running out of money because you don’t have your planning in check. That’s what Jeff Lloyd is here for. That’s what I’m here for.

Wes Moss [00:30:41]:
That’s what our Money Matters team is here for. We’re here to help try to solve as much of that as we can for you. We’re big believers in multi asset class income investing and I think that can help really reduce anxiety as investors and I think it’s really important to think about that. It really helps me. So we’re here. You can feel free to reach out to us at any point. We’re easy to find. We’re in Atlanta.

Wes Moss [00:31:07]:
You can find us@yourwealth.com that’s y o u r your wealth. Those emails come straight to me and our team and we’d be happy to chat and happy to help. Jeff Floyd, thanks for being here, man.

Jeff Lloyd [00:31:20]:
Thanks for having me back.

Wes Moss [00:31:21]:
And for all of those listeners, thank you so much for tuning in. Have a wonderful rest of your day.

Mallory Boggs (Disclaimer) [00:31:32]:
This is provided as a resource for informational purposes and is not to be viewed as investment advice or recommendations. This information is being presented without consideration of the investment objectives, risk tolerance or financial circumstances of any specific investor and might not be suitable for all investors. The mention of any company is provided to you for informational purposes and as an example only and is not to be considered investment advice or recommendation or an endorsement of any particular company. Past performance is not indicative of future results. Investing involves risk, including possible loss of principal. There is no guarantee offered that investment, return, yield, or performance will be achieved. The information provided is strictly an opinion and for informational purposes only, and it is not known whether the strategies will be successful. There are many aspects and criteria that must be examined and considered before investing.

Mallory Boggs (Disclaimer) [00:32:20]:
This information is not intended to and should not form a primary basis for any investment decision that you may make. Always consult your own legal tax or investment advisor before making any investment, tax, estate or financial planning considerations or decisions. Investment decisions should not be made solely based on information contained herein.

Call in with your financial questions for our team to answer: 800-805-6301

Join other happy retirees on our Retire Sooner Facebook Group: https://www.facebook.com/groups/retiresoonerpodcast

This information is provided to you as a resource for educational purposes and as an example only and is not to be considered investment advice or recommendation or an endorsement of any particular security.  Investing involves risk, including the possible loss of principal. There is no guarantee offered that investment return, yield, or performance will be achieved.  There will be periods of performance fluctuations, including periods of negative returns and periods where dividends will not be paid.  Past performance is not indicative of future results when considering any investment vehicle. The mention of any specific security should not be inferred as having been successful or responsible for any investor achieving their investment goals.  Additionally, the mention of any specific security is not to infer investment success of the security or of any portfolio.  A reader may request a list of all recommendations made by Capital Investment Advisors within the immediately preceding period of one year upon written request to Capital Investment Advisors.  It is not known whether any investor holding the mentioned securities have achieved their investment goals or experienced appreciation of their portfolio.  This information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. This information is not intended to, and should not, form a primary basis for any investment decision that you may make. Always consult your own legal, tax, or investment advisor before making any investment/tax/estate/financial planning considerations or decisions.