Today I discuss Greece’s recent vote to reject bailout terms as well as mutual fund exposure to Greek bonds and stocks. I also discuss common retirement income forecasting mistakes and how to avoid them.

I discuss Greece's recent "No" vote concerning the proposed bailout terms and potential global issues if they leave the Euro.

I explain how Greece and the Chinese economy has caused a major decline in basic material stocks.

I discuss the minute exposure to Greek equities in US mutual funds and Greece's downgrade to an emerging economy from a developed market.

I talk about an article by Christine Benz (MorningStar.com) about retirement-portfolio and forecasting mistakes.

A rise in Starbucks coffee prices spurs me to discuss necessary cutbacks you can make to save money.

I answer an e-mail from a listener trying to balance paying off large dental school loans while saving for a home and planning for retirement.

 

Don't forget to register for our seminar at the Toll House Hotel on Thursday, July 30th in Los Gatos. Click HERE to sign up!

 

Email your money question to [e-mail] , or call the show at 1-800-516-1220 from Noon to 1:00 p.m. (PDT)

 

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