The Ascent with Crestmont Private Wealth - Income Planning and Asset Location

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 Wealth00:15 – Overview: Current events, markets, and income planning00:36 – Market Recap: Tariffs, recovery, and growth01:01 – Why is the market up despite mixed news?01:44 – AI boom and market valuations02:51 – Market performance: S&P 500, Russell 2000, bonds03:22 – Investing in uncertainty03:23 – The Fed’s role: Interest rates and inflation04:31 – Why is the Fed lowering rates?04:55 – Inflation and unemployment trends05:15 – What does this mean for consumers?05:33 – Impact on savings and bank rates06:08 – Retirees: Market performance and living off your portfolio06:29 – Asset location vs. asset allocation06:53 – Diversification and asset classes07:20 – Why asset location matters for retirees08:15 – Example: Withdrawing income during market volatility09:07 – The importance of flexibility and working with an advisor09:45 – Income planning basics for retirees10:25 – Diversification analogy: Ice cream and umbrellas in Florida11:00 – Portfolio construction for all market conditions11:36 – Closing: How to contact Crestmont Private Wealth14:06 – 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.