Social Security Already Has Your Number

Dec 18

Today, Tom and Don discuss Social Security scam calls and fraud and share a new site where you can report these activities. They answer questions regarding investing in Vanguard and give a few different index funds to consider as options. They talk deciding between a lump sum or an annuity as a part of your retirement plan, share their thoughts on precious metals, and what to do with privately held company stock. They also touch on structured notes and why this is not a good option for retirement investments, and finally they give advice to parents on how to help their kids manage their own investments.

How to help the fight against Social Security fraud.
Tips on what can and cannot happen to your social security number.
Whether investing in Vanguard is a low risk, safe option to maximize retirement investment.
Don and Tom discuss different funds within Vanguard as optional investments.
What to consider when trying to make a decision whether to take a lump sum or an annuity.
Do not buy precious metals — it’s one of the worst investments you can make.
Privately held company stock — where to park it over the next year: money market.
Structured notes: complex, convoluted, expensive, volatile and dangerous investments.
Helping your kids manage their money: investing in their retirement.