EPISODE · May 4, 2023 · 34 MIN
Episode 137: Unrest in the Banking Industry & A Heart-Healthy Retirement
from Our 2 Cents · host Our2centspodcast
Another bank failure doesn't mean a failure of the banking system. But we are talking about the very real implications that it does have. Plus, we're sharing a listener-suggested article about how heart health should be top-of-mind as you plan for retirement.Gabriel's Quote Picks of the Month:"It's good to have money and the things that money can buy, but it's also good to check up once in a while and make sure that you haven't lost the things that money can't buy." - George Lorimer"When a man retires and time is no longer a matter of urgent importance, his colleagues generally present him with a watch, for some reason." - RC SherriffMore Unrest in the Banking Industry:At the end of last year, First Republic was the nation's 14th-largest bank. As of May 1, the bank had failed.How did the collapse of Silicon Valley Bank lead to a 97% plunge in First Republic's stock?With some larger banks attempting to save First Republic by infusing billions of dollars into it, how did it still fail?Biggest takeaway of the current uncertainty in the banking sector: diversification of deposits.A Heart-Healthy Retirement:Although a highly-prevalent cause of death in the U.S., why is heart disease under-discussed in the media?What makes retirees within a year of transitioning from work 40% more likely to have a heart attack?How having "a well-written retirement plan equals better health and wealth."
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Another bank failure doesn't mean a failure of the banking system. But we are talking about the very real implications that it does have. Plus, we're sharing a listener-suggested article about how heart health should be top-of-mind as you plan for retirement. Gabriel's Quote Picks of the Month:"It's good to have money and the things that money can buy, but it's also good to check up once in a while and make sure that you haven't lost the things that money can't buy." - George Lorimer"When a m...
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Episode 137: Unrest in the Banking Industry & A Heart-Healthy Retirement
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