Tape Talk | Investing, Business, Wealth, And Your Money
What's Your Number?
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:38:46
- More information
Informações:
Synopsis
On this week's episode of Tape Talk, Quint and Daniel take a deep dive into investors' required rate of return. What is it? Why is it important? And, how does it factor into your financial plan? Headlines Before going too far into our topic of the week we take a look at news hitting headlines over the past week. One, in particular, has caught investors' attention, the annual update on the Social Security Trust Fund. This report highlights two important numbers for retirees to consider. First, the date when Social Security is estimated to start using its reserves to pay benefits. Second, when those reserves will be depleted and benefits may need to be cut if Congress doesn't act beforehand. While these dates may seem far off, they are important to incorporate into your financial planning now to minimize the potential impact later. Required Rate of Return Your required rate of return is the return you need on your investments based on starting value, contribution, and time to your goal. This number is importa