09.28.26 TIPS Vs Bonds / How To Protect Your Social Security Now
Summary
Clark Howard discusses strategies for outrunning inflation using Treasury Inflation-Protected Securities (TIPS) ladders as a safer alternative to bonds for older investors. He emphasizes the importance of creating a "My Social Security" account to verify earnings history and prevent identity theft, while also addressing the upcoming changes to Social Security funding. The episode includes listener Q&A on the safety of using AI for financial planning, the drawbacks of the Honda Link app, and the benefits of calling hotels directly to negotiate non-refundable cancellations.
Topics discussed
Show intro and mission statement
Market volatility and rising treasury yields
The dilemma of bonds vs. stocks in high inflation
Introduction to TIPS as an inflation hedge
Age-based portfolio strategies and market recovery
Warnings against private equity and annuities
Building a TIPS ladder for downside protection
Resources for TIPS and defensive financial measures
Listener question on AI and financial data privacy
Safety of AI tools and aggregator credential storage
Using digital driver's licenses on smartphones
Opinion on the Honda Link app subscription
Social Security solvency and future tax changes
Importance of creating a My Social Security account
Review of MaximizeMySocialSecurity.com service
Reporting dealer violations in Costco car buying
Celebrating long-term Costco memberships
Getting refunds on non-refundable hotel bookings
Closing remarks and next episode preview
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