GDP boasts some of the best growth we’ve seen in 4 years, so why do we keep hearing about a potential slowdown by 2020?

Last Friday we heard that GDP grew at 4.1%, the best reading in 4 years. The only way we can keep the new tax cuts is to have continued GDP growth that covers the costs of Medicare, Medicaid and other government programs so congress could act again. Today I dig into GDP numbers that beat expectations. Other topics include:

• Why do we continue to hear about a slowdown by 2020?
• Is the party over for cryptocurrency?
• How to choose a pension option
• Retirement planning mistakes and bad retirement rules of thumb

 

 

Email your money question to [e-mail] , or call the show at 1-800-516-1220 on Tuesday's and Wednesday's from 6:00-7:00 a.m. (PDT)

 

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.NewFocusFinancial.com.