On the Money: Market Decline, Middle Class Retirement, and Reverse Mortgages

On this episode of “On the Money,” Paul Ruedi, Ryan Repko, and David Ruedi discuss the recent decline in the stock market. They also discuss reverse mortgages with special guest George Broustis and answer a listener question about how a typical middle class person would fund retirement spending.

(3:46) The recent market decline

(8:05) Talking to clients about the market decline

(24:30) The fall of tech stocks and the danger of chasing performance

(27:13) Can you give me an idea of how a middle class person would operate with Social Security, a pension, and a $500,000 portfolio would operate in retirement?

(32:40) Reverse mortgages