How to Deal with Financial Pressure Ep 127

Excel in Retirement

06-09-2024 • 16 mins

Experts from the show:

A couple weeks Jerome Powell, the head of the Federal Reserve, stated the time has come to lower interest rates. The goal has been to lower the cost of everyday items we use while not plunging the economy into a recession. Talk about trying to walk on a tightrope over the Grand Canyon.

Believe it or not there’s even a fear and greed index that gauges which sentiment is most applicable at the time.

From the Wall Street Journal, “September is a popular time for companies to go public. This month’s stock-market volatility is putting some plans on ice. It isn’t just the market’s recent choppiness, they say, but that turbulence could flare up again, given the uncertainty around November’s presidential election and how much the Federal Reserve will cut interest rates this year.”

From Fox Business, “About 61% of workers said they fear retirement more than they do death, while 64% said the thought of retiring is scarier than the thought of getting divorced. One reason for the fear is that Americans are worried they will run out of money in retirement.”

Last week I was talking to my friend Jason Benham and we were talking about how fear often leads to anxiety.

The World Health Organization states, “In 2019, 301 million people in the world had an anxiety disorder, making anxiety disorders the most common of all mental disorders.”

If you’ve been reading our newsletter for a while you may recall our mice problem we had a while back in our garage.

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