Today’s GDP report was revised up 3% more than expected. What does this mean looking forward?

Today’s revised GDP report rose 3% more than expected. This resulted in market futures turning a bit negative now that a December rate hike is more likely to happen. Believe it or not war and other horrible things can be good for the stock market. Hurricane Harvey is causing a lot of destruction and even though many jobs will be lost, more jobs will be recreated once rebuilding occurs. Other topics include:

• Did the “Trump Bump” actually become a “Trump Slump”?
• Annuities, structured notes, longevity insurance, reverse mortgages and other retirement products to avoid, that may hold some value
• What an annual review should look like in retirement
• Updating your estate plan
• Assessing your insurance
• Does variable universal life insurance work for college savings?

 

 

Retirement planning is more complicated than ever, and it can be hard to even know where to begin. But focusing on a few essential issues can help increase your income in retirement and your chances of enjoying a secure future. Click HERE to sign up for our 10 a.m. seminar at Four Points by Sheraton on September 9th!

 

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.