Join Steve as he discusses the remarkable story of Magic Johnson, whose diverse investments catapulted his wealth far beyond his earnings from basketball. Discover practical strategies for replacing your paycheck in retirement, even if you don’t have Magic Johnson’s financial resources. Steve shares real-life examples and explains three key approaches to bridging the income gap during retirement, including utilizing the 4% rule, building a dividend or bond portfolio, and leveraging fixed indexed annuities with income riders.
As concerns about market volatility loom, Steve addresses the predictions of economist Harry Dent regarding a potential market crash. Gain insights into the risks and rewards of market timing and learn why building a well-balanced investment portfolio is crucial for long-term financial success.
Tune in with Steve Aul for “The Aul Financial Hour” every Saturday at 10 a.m. on KMOX News Radio 1120!