Ep 42: What You Need to Know About Bank Failures

Retirement Coach's Corner

Alan Mercurio & Troy Bolton, Alan Mercurio, and Troy Bolton에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Alan Mercurio & Troy Bolton, Alan Mercurio, and Troy Bolton 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.

2+ y ago 13:27

MP3•에피소드 홈

What happens when a bank fails? If you've been watching the news lately, you may have noticed a lot happening around the Silicon Valley Bank and then Signature Bank. These are specific banks that cater to a specific client. How might these recent collapses impact your money or financial plan? Troy and Alan talk about the common situations that lead people to have large sums of cash in the bank and how to protect your money.

Instead of reacting out of fear from the recent headlines, listen to Alan and Troy explain what you need to know about the money you put in the bank and how to approach your strategy around safe money.

What we discuss in this episode:

Is this something I need to be worried about? (0:50)
How does a person get to having so much cash in the bank? (3:20)
When is it appropriate to have large sums of cash? (6:03)
How safe is your money in life insurance or an annuity? (8:32)

Get additional financial resources here: https://mercurioadvisors.com/podcasts/

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