Full Show: Crazy Commutes and Annuities (Almost) Always Stink
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- Опубликовано: 8 июл 2024
- As some employers are requiring people to come back to the office, many employees are commuting again. But what if you moved states when you were remote? Clark sees an interesting trend of super long-distance commuting on the rise. Also, Clark hates annuities. He explains why annuities stink so badly - and the two potential exceptions.
Plus, Christa shares your #AskClark questions and Clark gives his take. All this and more on the May 9, 2024, episode of The Clark Howard Show.
00:00 - Intro
01:55 - Crazy Commutes
06:51 - Ask Clark - Best travel WiFi hotspot?
09:44 - Ask Clark - Renting ATVs
13:04 - Ask Clark - Roundup Donation and Taxes
14:13 - Annuities (Almost) Always Stink
25:59 - Ask Clark - High Insurance Premium
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Oh yeah, I drive about 540 miles a week back and forth to work so I can have an old run down farm house sitting on a very pretty 18 acres with a beautiful creek at the back of the property
Clark, please remind your viewers of the dangers of hotspots when travelling. It's so easy for someone to mimic a restaurant or mobile carrier's hotspot name where someone thinks it's a safe when it really isn't. Always watching and thanks for all you and your team's passion and some love to Christa for a great job as well!
💯 Good point about spoofed public Wi-Fi. We're always saying do not connect to public Wi-Fi. Use your phone's hotspot instead. If you do connect to public Wi-Fi, do not log in to any banking sites or password-protected sites. 💚
Gg you I'm😅 I'm the@@Clarkhgm😅 toi I'm😢 I'm n😊h😅 I'm
Hey Clark... just want to say I like your show and listen a lot... just a recommendation for people in a hurry, at 1.5 times speed it's still perfectly understandable... Thanks! 🙂😎
Long commutes are nothing new, but yes, they are more common for the reason you mentioned. They also peaked around 2010 during the economic collapse when people were desperate for any job and most houses were unsalable.
I used World Nomads travel insurance for a sailing trip to Antarctica back in 2018. They were the only ones I could find who didn’t exclude extreme sports.
Thank you Team Clark.
I am glad I watched this. I have been listening to the Flame thrower of the south for multiple decades and I am terrible with financial stuff even after listening to Clark when he was on air everyday. I keep hearing commercials for invest here or there, I will just stick to my 401k, but I would like to know who to trust to look over how I am investing. At 52 I am running out of time to build some wealth.
PS: your sidekick there Clark……she’s a cutie!!
Annuities are a cuss word!! I agree!! And don’t let anyone EVER INCLUDING FAMILY MEMBERS WHO WORK IN INSURANCE…. Do NOT LET THEM RIP YOU OFF!! Hire a FIDUCIARY 😊😊😊
The long distance commuter you were speaking with. Him and his family live in Humptulips Washington. Very very cheap place to live.
Income annuities at today’s pay out rates are worth considering.
Remember: they are “sub-companies” decoy names of the big ones but service varies according to the original carrier.
Most places that sell these obscure insurance policies well never pay out anyway it’s just a waste of time if you ever make a claim
💯
Too long about job commuting I was falling asleep
I’m a new Clarkie . Clark , your podcast is my favorite on You Tube . You & Christa give great advice and are very personable. Thanks for sharing your thoughts on annuities. So many of us will soon be living off retirement savings and have no idea where to put these funds. Also I have heard that supplemental health insurance is more favorable over Advantage Plans . The plan may cost more but you have peace of mind knowing anywhere that takes Medicare will take the Supplemental Health Insurance ( this is not the case with Advantage Plans ) . If you become very ill the last thing you want to worry about is your medical care and where you can receive treatments. Plus as you mentioned if you want to switch plans in almost all states you have to go through underwriting. Some very good well known hospitals will not take advantage plans . I’m not sure but I don’t think there is coverage when traveling with an Advantage Plan . Thanks for sharing your knowledge. I wish I had listened to your podcast years ago however it’s better late than never as the saying goes .
Clark, what do you think of annuities?
🤔🤔😂😂💚💚
Great show 😊
The TSP has an immediate annuity. It’s one case that might be considered for those people.
How many watches do we need Clark? I dont see a calculator watch on there either.
Ignorant people buy annuities and greedy no conscience insurance people love to sell to them. I Love your annuity rant.
Annuity: Give your money to someone and then pay them to give it back.
Right. Exactly like Social Security
💪🏾💪🏾
This is definitely a 1.5 playback speed episode not much happening here
Is Social Security considered an annuity?
Ponzi scheme!
Mint Mobile has poor customer service in my experience.
Indexed annuity? Never heard of it.
An indexed annuity is a hybrid that combines elements of fixed and variable annuities. 💚
#BonusPhrase - “Must. Sell. Annuities.” - Mumbled, constantly-repeated slogan of insurance salespeople. (Partly joking, buuuut partly true.)
💚 #bonusterm
fidelity annuity?
I just went to a movie theater that I was invited to that turned out to be an annuity type of thing put on by what was called Retirement Renegade. About how people are retiring with an annuity and doing so well. And here I am a few days later watching your reviews on it. Now I find myself wondering if I should put my money in fidelity or something that Clark would consider the best alternative.
Never ever talk to a salesperson. Stay far far away from any annuity.
Great timing! Don't do it. Put your money someplace else, depending on your goals and when you plan to use it. 💚
As soon as I asked the person contacting me. Representative of said entity. What was the fees and was there a penalty for withdrawal. They never called back again! Thanks for the valuable teachings about these investments that are not good for your wallet.
What if my Dad bought an annuity to leave to my Brother and I?
The terms are probably not what the salesperson told him. He may want to explore getting out of it, if the exit fees are not enormous. 💚
(Long time fan Clark.) What are your thoughts on MYGA's as part of a portfolio? It seems like the current rates which are higher than CD's and the tax deferral benefits could be an advantage.
Same thing. Just a different way of selling an annuity.
It's a fixed, deferred annuity. Not a fan of their high fees and commissions. 💚
1 hour late ⏰
Sorry! 💚
@@Clark lol better late than never ❤️
When it comes to annuities, Clark stinks.
I am retired, have had annuities for years and really like them. I particularly like my single premium income annuity giving me a check every month right now.
You're negative bias is so strong that you simply are not being honest with your comments regarding various products. I'm not sure if they are exaggerations, lies we're just trying to mislead.
BTW, I'm not in the industry.
Clark spoke the truth. Tell us about your fees which I would bet you have no idea what they are.
Goodbye Clark...I know Christa can handle it alone!!