The Clark Howard Podcast 04.29.25 Ask An Advisor With Wes Moss
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Apr 29, 2025 Wes Moss, a fiduciary financial advisor, sheds light on the anxieties surrounding the volatile stock market of 2025. He discusses the importance of understanding the Stock Market Fear Index and why historically, peak fears tend to fade. Wes emphasizes that trying to avoid the market's worst days can hurt more than missing the best ones. The conversation also includes listener questions about retirement savings and effective long-term investment strategies, offering practical advice for navigating financial uncertainty.
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Market Fear Always Subsides
- The VIX (fear index) spikes indicate peak market fear but historically always subside over time.
- Past crises show fear peaks can be pinpointed and then calm returns due to resolutions or interventions.
Keep Saving Through Tough Times
- Continue saving consistently even during financially tough family years to build a solid retirement foundation.
- Starting around 10% total contributions with employer match can grow to over $1.5 million in 30 years.
Delay RMDs If Still Working
- If still working at age 72 with a company 401(k), you can delay taking required minimum distributions (RMDs).
- Consider rolling IRAs into your 401(k) while working to avoid RMDs and optimize tax advantages.