The day President Trump took office, he announced plans to implement a 25 percent tariff on goods from Mexico and Canada. Additional tariff conversations have exploded since that day. How might this impact your personal finances and the economy? Today, we’ll explain a bit of the backstory of tariffs and discuss these new tariffs.
Like always, we have some great quotes of the week to share and fun getting-to-know Matt and Sam questions to get the episode started. Later in the episode, we hear from one of our listeners, Peter, who’s at his wit’s end with his soon-to-be former broker. He’s shocked by the high fees on his variable annuity and is curious if those costs are normal.
For this week’s Retirement Ride Along, we’re talking about some new finds in Kansas City!
Here’s some of what we discuss in this episode:
Get-to-know-you questions: New careers, life on other planets, and more (6:13)
Quote of the week from Jack Yelton (17:57)
Main topic: What do proposed tariffs mean for your portfolio? (21:55)
Mailbag: Are these high variable annuity fees normal?! (36:00)
Retirement Ride Along: New treasures in Kansas City (41:10)
Links From Today’s Show:
Cheval
The Ship