The Jon Sanchez Show

I was planning on talking about retirement today.

Then something happened over the weekend that made me change today's show.

And I'll tell you why.

I use artificial intelligence virtually every day.

I use it in my businesses.

I use it for research.

I use it to analyze ideas.

I use it to help prepare this radio show.

And I think ...

I want to ask you a difficult question today.

And if you're married, it's a question I think every retirement plan should answer:

Could your retirement plan survive your spouse dying?

Nobody likes talking about this.

I certainly don't.

But one of you is probably going to die first.

And when that happens, something interesting occurs ...

Well, if you're shopping for a house today...

The bond market just punched you in the mouth.

😂

The 10-year Treasury yield surged today, closing around 4.94%.

And according to Mortgage News Daily, the national average 30-year fixed mortgage jumped another 10 basis points today to:

7.07%.

Yesterday it was 6.97%.

Tuesday i...

If your husband died tonight, would you know what to do tomorrow morning?

Where are the investment accounts?

What does he have in his 401(k)?

How is your house titled?

Who is named on the life insurance?

What bills are on autopay?

Where are the passwords?

Who is your successor trustee?

Who do you call first?

And may...

I've got a question today for every parent listening who has adult children.

Your son or daughter calls you tonight.

They've found the house.

They love it.

They've got good jobs.

They can handle the monthly payment.

There's just one problem.

They don't have enough money to get into it.

And then come the six words every pa...