Wes Moss

This week, Wes Moss, a fiduciary financial advisor and CFP®, joins the conversation to discuss crucial retirement planning tips. He warns against the risky idea of converting a Traditional IRA to a Roth IRA all at once, citing potential tax burdens. Wes also highlights the staggering amount of forgotten 401(k) accounts costing Americans billions in growth. He recommends gradual Roth conversions and shares insights on managing liquidity, Medicare implications, and the importance of diversified investments for a secure retirement.

Wes Moss, a certified financial planner and investment advisor, dives into the nuances of market dynamics. He discusses why small and mid-cap stocks are regaining momentum against larger giants like Microsoft. With individual investors often lagging behind broader market averages, Wes shares strategies to combat emotional investing and the importance of diversification. He also weighs the benefits of Roth accounts versus HSAs and offers practical advice on managing investment settlements. Tune in for insights that can help shape your financial future!

Wes Moss, a CFP® and financial advisor, discusses surprising insights from his Money and Happiness study, revealing the '3.6 Rule'—having five close friends boosts retirement happiness. He highlights how social connections impact financial security, emphasizing that investing in relationships is as crucial as financial planning. Additionally, Wes analyzes current job market trends, examining the steady employment-population ratio despite rising unemployment rates, offering a clear view of the economic landscape.