In this episode of The Ascent, Sam McGee, CEO of Crestmont Private Wealth, discusses current economic events, market performance, and the importance of income planning and asset location for retirees. Sam explains how the stock market is forward-looking, reviews recent trends in interest rates, inflation, and unemployment, and provides practical advice on asset allocation and diversification. He uses relatable analogies to help viewers understand how to manage their portfolios for retirement income, emphasizing the value of flexibility and working with an advisor.
00:00 – Introduction: About Crestmont Private Wealth
00:15 – Overview: Current events, markets, and income planning
00:36 – Market Recap: Tariffs, recovery, and growth
01:01 – Why is the market up despite mixed news?
01:44 – AI boom and market valuations
02:51 – Market performance: S&P 500, Russell 2000, bonds
03:22 – Investing in uncertainty
03:23 – The Fed’s role: Interest rates and inflation
04:31 – Why is the Fed lowering rates?
04:55 – Inflation and unemployment trends
05:15 – What does this mean for consumers?
05:33 – Impact on savings and bank rates
06:08 – Retirees: Market performance and living off your portfolio
06:29 – Asset location vs. asset allocation
06:53 – Diversification and asset classes
07:20 – Why asset location matters for retirees
08:15 – Example: Withdrawing income during market volatility
09:07 – The importance of flexibility and working with an advisor
09:45 – Income planning basics for retirees
10:25 – Diversification analogy: Ice cream and umbrellas in Florida
11:00 – Portfolio construction for all market conditions
11:36 – Closing: How to contact Crestmont Private Wealth
14:06 – Outro: Thanks and farewell
Original Air Date: November 1, 2025 at 8:30am as heard on Boerne Radio 103.9FM
Contact: www.crestmontpw.com
Alec Walker in Houston: 831-280-5288
Sam McGee in Boerne: 830-368-2898
See omnystudio.com/listener for privacy information.
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
Betrayal: Weekly
Betrayal Weekly is back for a brand new season. Every Thursday, Betrayal Weekly shares first-hand accounts of broken trust, shocking deceptions, and the trail of destruction they leave behind. Hosted by Andrea Gunning, this weekly ongoing series digs into real-life stories of betrayal and the aftermath. From stories of double lives to dark discoveries, these are cautionary tales and accounts of resilience against all odds. From the producers of the critically acclaimed Betrayal series, Betrayal Weekly drops new episodes every Thursday. Please join our Substack for additional exclusive content, curated book recommendations and community discussions. Sign up FREE by clicking this link Beyond Betrayal Substack. Join our community dedicated to truth, resilience and healing. Your voice matters! Be a part of our Betrayal journey on Substack. And make sure to check out Seasons 1-4 of Betrayal, along with Betrayal Weekly Season 1.