Amy and Steve discuss Southwest Airlines’ recent problems and give a check-up on local pensions. Steve and Brian James, CFP at Allworth Financial, talk about how to save for retirement if your employer does not offer a 401(k) plan. Amy interviews Mark Reckman, an estate planning attorney at Wood + Lamping, about what to look for in long-term care insurance policies.  

Best of Simply Money

Flight delays, the labor shortage, and state pensions

Steve Sprovach and Andy Shafer, a ChFC at Allworth Financial, discuss the insider trading allegations against local electric vehicle maker Workhorse.   Amy and Steve talk about how Robinhood is encouraging young investors to day trade and the surprising ways you could get less from Social Security than you think.   Steve interviews Dave Hatter about Facebook’s outage and how to encourage your kids to use social media less often.

Workhorse falls from grace.

Amy Wagner and Steve Sprovach discuss the state of Cincinnati’s housing market and how savers can get end-of-year financial planning done early. They also talk about the pros and pitfalls of using a Health Savings Account.   Amy interviews Carla Messer, the Chief Results Officer of BestWork and an Assistant Professor at Indiana University East, about how job seekers can stand out in Zoom interviews.

Cincinnati’s housing market is starting to cool

Amy Wagner and Steve Sprovach discuss how to feel more confident about creating retirement income and take your questions about financial planning. Andy Stout, CFA and the Chief Investment Officer of Allworth Financial, joins the show to break down how the debt problems from Evergrande, the Chinese real estate conglomerate, are affecting 401(k)s in the United States. Amy and Steve interview Chip Gerhardt, the President & CEO of Government Strategies Group, about how he helped create the ABLE Account, a tax-advantaged savings tool for those with special needs.  

When saving is natural, spending is hard.

Amy Wagner and Steve discuss the retirement changes in Congress’ $3.5 trillion reconciliation bill and how to navigate a phased retirement. They also break down the link between inflation and gold prices, and why the relationship isn’t as strong as many believe. Amy interviews Mo Egger, host of the afternoon show on ESPN 1530 and a contributor to The Athletic, about the financial implications of the University of Cincinnati moving to the Big 12 conference.

The gold-inflation myth

Amy Wagner and Andy Shafer, a Charted Financial Consultant at Allworth discuss how Cincinnati Bell’s sale to an Australian acquisitions company affects its shareholders and may impact local employees. They also talk about how newlywed’s financial habits continue to change. Brian James, a CFP at Allworth, joins to discuss the state of pensions in Ohio and Kentucky and how retirees can plan for changing guarantees. Amy interviews Carla Messer, the Chief Results Officer of BestWork and an Assistant Professor at Indiana University East about the new perks that employers are using to attract job seekers.

Cincinnati Bell goes private

On this week’s Best of Simply Money, Amy and Steve discuss the economic impacts of the United States withdrawal from Afghanistan and why supply chain challenges are still impacting your wallet.  They also talk about how you can make your marriage more financially equal, and how local arts organizations are adapting to the Delta variant. Amy interviews Erin Harris, the Director of Student Enterprise at the Alpaugh Family Economics Center, about her program that is helping Cincinnati schoolchildren become financially literate.

When will supply chain challenges go away?

On this week’s Best of Simply Money, Amy and Steve discuss why more investors are flocking to municipal bonds. They also talk about the common investment differences between parents and children and an Ohio Supreme Court lawsuit poised to have major implications for local businesses. Debra Clark, a Travel Advisor at Wayfarer Travel Service joins the show to discuss how the Delta variant is impacting your vacation plans.

Tax-smart investments

Amy Wagner and Steve Sprovach discuss the benefits and considerations of taking a practice retirement. They also talk about the details that investors should look for in exchange-traded funds, and how to use payment apps more responsibly.  Amy interviews Jeff Ostrowski an Analyst for Bankrate.com about the often-forgotten costs of buying an older home.

A retirement plan for your paid time off

Amy and Steve discuss how investors can plan for inflation today and higher taxes from more government spending. They also talk about budgeting for a wedding, and the signs that you’re on track for a secure retirement. Amy interviews Rob Peloni, the owner of Rodi Italian in Loveland, Ohio, about how his restaurant is grappling with the labor shortage and supply chain challenges. 

Inflation today and higher taxes tomorrow.

Steve Sprovach and Andy Shafer, a Chartered Financial Consultant at Allworth Financial and a regular on Simply Money, discuss the ways local employers are gearing up for another COVID surge. Brian James, a CFP on the Allworth team, joins the show to talk about the human reason why Wall Street stock pickers often can’t beat the market, and a wild cryptocurrency scam that involved the actor Steven Seagal. Steve interviews Marshall Allen, author of “Never Pay the First Bill: And Other Ways to Fight the Health Care System and Win” about some actionable ways to lower your medical bills.

Cincinnati businesses and the Delta variant

Amy and Steve discuss the latest GDP numbers and what’s inside the Senate’s $1.2 trillion infrastructure bill. They also talk about the estate planning that every family needs to do and what soaring car prices mean for your next ride.   Amy interviews Al Riddick, founder and president of Game Time Budgeting about how you can plan for home renovations.

The GDP report card

Amy and Steve discuss the Delta variant’s effect on the stock market, and why long-term investors should not fear some turbulence. They also talk about Cincinnati’s changing cost of living, and how singles can plan for a secure retirement.   Amy interviews Mark Reckman, an Estate Planning Attorney at Wood + Lamping, about giving to grandchildren.

Stock market turbulence is back.

Amy and Steve discuss the new $3.5 trillion budget proposal from Congress and how it could change Medicare. They also talk about the class action settlement that Deutsche Bank and HSBC are paying for manipulating the gold market, and why inflation is outpacing junk bond returns. Amy interviews Carla Messer, the Chief Results Officer of BestWork and an Assistant Professor at Indiana University, about building your career resilience.

Manipulating the gold market

Brian James, a CFP at Allworth Financial and a regular on Simply Money, joins Amy to discuss Greater Cincinnati’s hot real estate market, Robinhood’s regulatory missteps, and the growing student debt problem for retirees. Amy interviews Dave Hatter, a Cybersecurity Consultant at Intrust IT, about how ransomware attacks are affecting the economy.

Robinhood’s $70 million mistakes

The Best-of Simply Money is a weekly collection of the best segments that originally aired for the daily show on 55KRC. Nathan Bachrach and Amy Wagner cover all topics that affect your wallet: insight into business news, consumer finance, and retirement planning.

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Best of Simply Money

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