Retirement planning "hot topics" chat with Adam Grossman

Andy and Adam Grossman from Mayport Wealth Management share their thoughts on a handful of current events and "hot topics" relating to retirement planning. Specifically, they talk about: 👉 How to analyze an existing annuity and whether to keep it, exchange it to another annuity or surrender it 👉 The different things to factor in when considering retiring to a different state 👉 What to do with your investments regarding concerns about the U.S.'s national debt, potential inflation, potential market declines, etc. 👉 How much to try to optimize moving around cash balances between savings accounts, money market funds, Treasury Bills, CDs, etc. to try to maximize the amount of interest you can get 👉 Thoughts on individual bonds vs bond funds, what we use, and why 👉 How we handle and implement inflation assumptions when doing financial planning with clients 👉 Thoughts on how Artificial Intelligence may impact financial planning, both as advisors and as consumers 👉 What to make of illustrations for permanent life insurance policies, how reliable those illustrations are, when to consider buying permanent life insurance, when not to buy permanent life insurance, etc. Links in this episode: Mayport's website - https://www.mayport.com/ Adam's recent appearance on Morningstar's The Long View podcast - https://www.morningstar.com/personal-... To listen to the Retirement Planning Education podcast, join the Retirement Planning Education Facebook group or download lots of free Retirement Planning Education material - https://www.RetirementPlanningEducati... To subscribe to the Retirement Planning Insights newsletter - https://tenonfinancial.com/newsletter #RetirementPlanning #TaxPlanning #FinancialPlanning DISCLAIMER: This video is only helpful hints and education. It is not specific tax, legal or investment advice. Before considering acting on anything you see in this video, first consult with your tax, legal or investment advisor. While the information expressed in this video is believed to be accurate, neither Andy Panko, CFP®, RICP®, EA nor Andy Panko EMC LLC make any representations to its accuracy.