Straight Talk Wealth Radio

STW Radio is broadcast on AM radio weekly. It was born out of the crisis of 2008 and was the mission of its host, Bruce Weide, (President of Secure Financial Services, Inc.), to fill a massive void in most American's retirement portfolio. This safety net would have literally saved them any grief in the crash of '08-'09 and let them pick right back up on the historic gains from there.Today, most of America seems to believe that the government has made everything all better now, and investment risk is a thing of the past - 2008 is never coming back or will always get fixed if it does.Straight Talk Wealth Radio is dedicated to researching and reporting all sides to the stories that matter to those close to retirement or in retirement. In-depth interviews and reviews or Bulls and Bears; Inflationsists and Deflationists; Economists and Financial Strategists. Coming in March of 2019 - make sure to WATCH Straight Talk Wealth episodes Livestreamed on Facebook, YouTube and Periscope!

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Straight Talk Wealth Radio

The Retirement INCOME Crisis

September 28, 2019 • Bruce M. Weide • Season 2019 • Episode 14

After a lifetime of accumulation of savings and wealth, for retirees the entire games changes to the spending of wealth.

So how does your portfolio provide for you then? In the past retirees have leaned heavily on income producing assets, such as dividends and bonds.

Dividend payments have particular frailties. They're never guaranteed and, as shown by the 2018 collapse of telecom dividends, (Frontier, Century Link, etc) the income can be shut off with little or no notice. And when that happens, the stock price tumbles so that investors are trapped in quicksand, where it's impossible to get the money back out that they invested and take it somewhere else.

Bonds have their own trap, also discussed in this episode.

And so, in this episode of Straight Talk Wealth Radio a surprising new approach as to how income can be generated by a portfolio, known as Longevity Credits, is revealed. It can grow income from a portfolio in ways that have zero with to with the movement of interest rates or the direction of stocks. And it can produce income, often at substantially higher levels than dividends or bonds, and that will be guaranteed for life at that level OR BETTER!

If you ever think you'll need INCOME from your retirement portfolio, be sure to listen to this episode of Straight Talk Wealth Radio, before you find yourself stuck in the old traps of dividends and bonds.

Talk to Bruce by visiting https://www.straighttalkwealth.com