Full Show: Is It Ever Too Late To Save for Retirement? and Big Social Security Change for Millions

Is it ever too late to start saving for retirement? Fee-only fiduciary financial advisor Wes Moss has an answer, backed by years of research. Also, a major Social Security change in 2025 is set to positively impact nearly three million people. Wes explains everything you need to know, including who will see an increase in their checks.

Plus, Christa shares your #AskWes questions and Wes gives his take. All this and more on the January 28, 2025, Ask an Advisor episode of the Clark Howard podcast. Submit your questions at clark.com/ask

We hope you enjoy our weekly Ask An Advisor episodes, in which Christa and Wes discuss investing and retirement savings in depth. Let us know what you think in the comments!

Learn more about Wes: Wes Moss, CFP® - www.yourwealth.com/team/wes-moss/

00:00 - Intro
01:53 - Is It Ever Too Late To Save for Retirement?
11:48 - Ask an Investor - $3.8M Saved – When to Shift to Conservative Investments? – Shawn from CA asks if it's time to move away from the S&P 500 with retirement approaching.
16:59 - Ask an Investor - Retirement Planning for Opposites – Saver vs. Spender – Dan from OH seeks advice on balancing retirement planning when couples have different saving habits.
21:27 - Big Social Security Change for Millions
27:17 - Ask an Investor - Does ‘Fiduciary’ Really Matter? – @‌mrRfries on YouTube questions how much being a fiduciary truly impacts financial advice.
30:34 - Ask an Investor - Inherited Home Depot Stock – Best Long-Term Strategy? – Chris from GA wants to ensure his family's gifted stock is positioned for maximum growth.
33:45 - Ask an Investor - What to Do with a $10K IRA at 54? – Jose from FL asks if he should keep his IRA funds in a credit union savings account or invest elsewhere.



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