Full Show: Clark Stinks! and Why You Should Start Saving for Retirement TODAY

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Күн бұрын

It’s time for "Clark Stinks!" Christa reads the latest "Clark Stinks!" submissions and Clark responds. Also, it’s never too late to start saving for retirement, but it does make a meaningful difference when you start at age 25, 35, 45, 55 or later. Clark walks you through the numbers and encourages all of us to save for our financial futures.
All this and more on the June 14, 2024, episode of The Clark Howard Show.
00:00 - Intro
01:09 - Clark Stinks - Zone Property Causes Mold
02:35 - Clark Stinks - Second Hand Clothes
04:30 - Clark Stinks - Clark not Visiting North Dakota
05:33 - Clark Stinks - Reading Newspaper at Local Library
06:18 - Clark Stinks - Clark’s Pronouncing Japanese Words
08:35 - Clark Stinks - Fixed Annuities
10:11 - Clark Stinks - TV Spying
11:25 - Clark Stinks - Gift Card Security
12:39 - Clark Stinks - US Postal Service
16:08 - Why You Should Start Saving for Retirement TODAY
20:30 - Ask Clark - Concierge Medical Care - Amazon One Medical
23:24 - Ask Clark - Retail Theft
26:19 - Clark Stinks - Dentists
Mentioned on the show:
clark.com/401k-calculator/
clark.com/askclark/
clark.com/clarkstinks/
Clark.com: Advice You Can Trust:
SUBSCRIBE: / clark
Follow Us for More Money Tips:
Website: clark.com/
Podcast: clark.com/podcasts/
Newsletter: clark.com/newsletters/
Instagram: / theclarkdotcom
Facebook: / clarkhoward
Need Consumer Advice?
The Consumer Action Center is a free resource for advice on money and consumer issues. Call 636-49C-LARK (636-492-5275) and a member of Team Clark will assist you as soon as possible. The Consumer Action Center is available Monday-Friday from 10 a.m. to 4 p.m. ET.
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Пікірлер: 84

@donnageitz4701 Ай бұрын

Talking with friends many have not seen gains from losses of their investments the last few years. It’s discouraging but we just keep plugging away . I’m hoping the real estate market will normalize soon .. High housing costs, high interest, high insurance cost , high taxes is surely hurting the economy. Great video Clark & Team .

@daveassanowicz186 Ай бұрын

Public libraries are great! Free movies, TV shows, and music CDs. I like my Subaru for the All-Wheel Drive. I hear the US Postal system is better than in Canada and some European countries.

@mattmorris2141 Ай бұрын

Not free. You paid for it through your taxes, but like the shows on a cruise ship, you already paid for it so go enjoy!

@daveassanowicz186 Ай бұрын

@mattmorris2141 The public benefit of libraries funded through taxes is, or at least, used to be worth it.

@Anthony-zw1qb Ай бұрын

Mornin Clark! Thank you for teaching me how to take care of my family’s finances 💯

@BrokeMillionaire1 Ай бұрын

Good morning, everyone! I hope you all have a great day! Clark, thanks for being the GOAT in this financial responsibility community!

@Clark Ай бұрын

🐐🐐💚

@donnageitz4701 Ай бұрын

Agreed

@jpHarkins-kb2vv Ай бұрын

Why does clark refuses to hire ANY Black ppl.he was asked once before. He totally ignored that question.. So he's NOT equal opportunity employer.

@Clark Ай бұрын

@@jpHarkins-kb2vv Clark Howard, Inc. is definitely an equal opportunity employer. There are black and Hispanic people on Team Clark. Meet the team here: clark.com/meet-the-team/ 💚

@JT-kz4zh Ай бұрын

Dentists need a time share selling room.. its now a cash biz and they all play this nutty game..

@sarashann Ай бұрын

Yes! Libraries are, these days, underappreciated gems! I read my local paper and national/international magazines at mine. Hugs to all library staff!

@kaohsiung99 Ай бұрын

Thrift stores could say limit 5 items per customer per day.

@kaohsiung99 Ай бұрын

Used men's shirts don't sell well on ebay, in my experience

@grayfox9911 Ай бұрын

thanks Clark & Team!

@LlpLyllc Ай бұрын

U fake.

@LlpLyllc Ай бұрын

U also a fake poster. STOP it.

@Savannah-ed4rv Ай бұрын

I started investing when I was in my mid to late twenties and I didn't get anywhere near the returns that Clark is talking about but I'm still glad I did it I would like to hear information about how to create a decent retirement without having a million dollars saved!

@Clark Ай бұрын

Kudos to you for starting your savings in your 20's 👏👏👏Unfortunately, unexpected life events like the pandemic and 911 negatively affected our returns, but as you said, it is still better to have than not. You may have to supplement your retirement savings with a part-time job that you enjoy for a while. Otherwise, here are ways to stretch your dollars in retirement: clark.com/personal-finance-credit/investing-retirement/ways-to-save-money-in-retirement/ Hope this helps! 💚

@BobbiDoll Ай бұрын

@Clark Have you ever consider going to a nearby state and renting a car to get to North Dakota?

@UnStrungHero Ай бұрын

Yes, perhaps he could fly into South Dakota and then drive. It isn't far.

@mongo2044 Ай бұрын

Minneapolis.

@bradleyvanzile1111 Ай бұрын

I am already retired. Any tips on money saving for every day expenses?

@Clark Ай бұрын

Yes! Here are ways to stretch your dollars in retirement 💚 clark.com/personal-finance-credit/investing-retirement/ways-to-save-money-in-retirement/

@dpporlando Ай бұрын

Retail theft is exploding due to 2 things; 1 online platforms doing 0 vetting of their sellers while being complicit in the profiteering and 2 retailers that play Kabooki theater when it comes to security while not prosecuting the few that are even caught. Its a joke and we all pay the price for theftflation.

@AndyTempleman-ot6lu Ай бұрын

Are high schools and colleges teaching about 401, 403b, etc. and how easy it is even if we don't understand all the market variables?

@Clark Ай бұрын

No, unfortunately, financial literacy is not a priority in our education system yet. We are hearing more and more about a small number of schools teaching a finance course, but it's not widespread yet. 💚

@charlessommers7218 Ай бұрын

Great info as always 😊

@acornsucks2111 Ай бұрын

When should you start saving for your children's retirement?

@virginiamoss7045 Ай бұрын

Very good question! I am trying to preserve the principle of my own retirement so that I can pass it on to my child for their retirement since they are not able to save for retirement (low wage earner; not a living wage earner). That means living very frugally, as they currently live, in order to make that happen. However, if I ever need assisted living or nursing home, all that will be gone and their Social Security will be minimal. Their future isn't very rosy.

@Clark Ай бұрын

When your children start working, they can start saving for their own retirement. They cannot have money in a retirement account until they have earned income. But we wouldn't recommend saving for a child's retirement anyway. Are you maxing out all of the retirement accounts available to you? If you have access to an HSA, are you maxing it out as well? The best financial gift you can give your children is allowing them to save all they can for their own retirement because they don't have to support you in your retirement. We do recommend saving for your children's education as early as possible with a 529 Plan, ONLY if you are maxing out your own retirement accounts first. The good thing about 529 Plans is that if your children decide not to go to college, the money can rollover into a Roth IRA retirement account for them (up to $35K with terms & conditions). A 529 Plan is another great gift to them because if their money isn't tied up repaying student loan debt, they'll have more money to fund their own retirement accounts. Check out our 529 Guide here to get started: clark.com/personal-finance-credit/investing-retirement/529-plan/ Hope this is helpful! 💚

@mongo2044 Ай бұрын

Don’t. But make sure you set up who gets the your money when you die at your financial service provider for 401k, 403b, IRAs, and also your taxable account as a “TOD” account. This skips probate court.

@elitepctech Ай бұрын

The sun never sits in Clarkland ;)

@Clic03 Ай бұрын

Happy Birthday Clark, mine and my Mom's are also on June 20th🎉🎉🎉

@Clark Ай бұрын

Thank you! Happy birthday to ya'll, too! 🎂🎈🥳💚

@thinkabout602 Ай бұрын

Been having problems getting notifications from KZfaq and I even have Prenium - anyone else having problems ??

@205rider8 Ай бұрын

Toyota is lying on safety tests. If Honda and Toyota are so great why don’t they have 100,000 mile warranty like Kia does.

@Clark Ай бұрын

Good question about the warranty. 🤔 But we hear the validation of durability from our Toyota & Honda owning Clarkies, frequently. 🤷‍♂💚

@mongo2044 Ай бұрын

Because Kia and Hyundai have to sell cars not as good as Honda, Toyota, Mazda. So the warranty is longer. If your product is as good as/are the top brands, no need for long warranties.

@virginiamoss7045 Ай бұрын

Regarding dentists, my issue is trust; there's no way to tell if what they are recommending is really necessary in order to make more money. It's kind of the same as a car mechanic or an appliance repairman or a lawyer or any number of service people. With doctors, I feel I can better gauge them, but there's always that doubt since they are paid by the procedure.

@Clark Ай бұрын

Good point! This is why 2nd & 3rd opinions are vital. 💚

@virginiamoss7045 Ай бұрын

@@Clark ... if a person can afford such a luxury; a whole lot a people can't; they can't even afford to go to a dentist or a doctor. I think all full-time work should pay a living wage no matter how menial the work is; work should be rewarded.

@sarashann Ай бұрын

I'm with Clark! I think so much of my Dentist and Hygienist. ❤ Keeping my teeth and gums healthy is a priority. Everyone should learn and use proper flossing!

@marietaylor5174 Ай бұрын

Thank you Team Clark.

@jenniferjohnson319 Ай бұрын

Employer match rare now.

@mongo2044 Ай бұрын

Rare now at the worst employers. If employees refused jobs at no match companies, or left them for better benefits, that would change!

@jeannet1059 Ай бұрын

Thanks so much! Have a wonderful week-end too and will see you next week!

@mongo2044 Ай бұрын

- Nobody hates carriers, it’s the leadership that stinks. But eh, Clark, the USPS has used bar codes on all mail for decades! - Fly into Minneapolis for ND. - I’ve seen resellers at all the thrift stores, carts full of books. Sports stuff too. Plus crazy prices at some thrifts! I had to stop going. Good stuff gone, crazy prices, I’m out. The resellers are a click too and make fun of non reseller customers. I think thrifts should BAN resellers!

@retired8484 Ай бұрын

No point in trying to buy the "right" annuity. Stay far away entirely!

@Clark Ай бұрын

💯

@elitepctech Ай бұрын

Louis Rossman had a number of vlogs about how $3K LG TVs are riddled with spyware

@dpporlando Ай бұрын

I wish Clark would bring Louis on the show, I think it would really open people's eyes.

@Clark Ай бұрын

Team Clark will check it out. 💚

@Clark Ай бұрын

@@dpporlando ✅ Suggestion noted. Thanks!

@e-care-books9867 Ай бұрын

#BonusTerm - "Fortress of Efficiency": Doing everything you can to make your home as efficient (low-cost) as possible... insulation, double-glazed windows, trees for shade, possibly solar panels, etc. #HappyFriyay

@Clark Ай бұрын

💚 #bonusterm

@jpHarkins-kb2vv Ай бұрын

Mr. Know it all .egomaniac clark. Most of his info. Is outdated.

@Brockton153 Ай бұрын

Boy, aren't we cranky today.

@Clark Ай бұрын

Thanks for your feedback! What some call outdated; others call time-tested. 💚

@user-wo1en8ip3s Ай бұрын

16:25 Only half of workers with access to a workplace retirement plan participate. That drops to zero for those who don't have access. By some estimates, that is 80 million. Yikes!

@beansballcardblog Ай бұрын

It seems Tim the USPS guy doesn't do eBay. I have way too many issues with items not delivering.

@elitepctech Ай бұрын

Mazda for 人馬一体 and Zoom-Zoom. Toyotas may be reliable, however the driving experience is subpar and sluggish.

@acornsucks2111 Ай бұрын

Yes.

@mongo2044 Ай бұрын

Not anymore.

@Fred2-123 Ай бұрын

ROKU sends data back to the mother ship, too. The way to block all this is to get a Raspberry Pihole and blacklist the access to the mothership.

@MyLifeMyMoneyMedia Ай бұрын

Kia and Hyundai made 11 million cars with bad motors from 2011 - 2020. 2.4L and 2.0L

@emc6511 Ай бұрын

A dentist who does not understand why we HATE going is exactly why we HATE going!

@Clark Ай бұрын

@@eaglefood4584 😲😲😲

@yourgooglemeister6745 Ай бұрын

Clark trying to pronounce concierge with a French accent that was laughable

@Clark Ай бұрын

Ha! 😂💚

@chuckinhouston9952 Ай бұрын

Clark won’t visit ND because it cost $500 to fly to Fargo? Wow. Just wow.

@PresleyEducationServices Ай бұрын

😂

@Clark Ай бұрын

💸💸💸

@retired8484 Ай бұрын

Taking a loan from your retirement account is never a legit move.

@Clark Ай бұрын

💯

@capitalmatrix8331 Ай бұрын

All is clark is doing is repeating others. He saying is NOTHING new.. Just rambling an ego trip. Vay. Vay.

@Clark Ай бұрын

Thanks for your feedback! 💚