📰 On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [11:38] And this week’s financial planning topic is Reducing the Pain from Required Retirement Withdrawals This Year. 💸

🛍️ [0:50] The first headline, “Retailers Kick Off Black Friday in October… Again”, is an article that explores how the major retailers Walmart, Target, and Amazon, are all starting Black Friday shopping events to tackle inventory surplus and lagging sales figures.

💰 [3:58] The second headline, “IRS Delays New Guidelines for Inherited IRAs”, discusses the recent ruling to delay the guidelines stated last year for how required minimum distributions are to be handled with inherited IRAs.

📈 [7:34] The Final headline, “Fed on Track for Another Large Interest Rate Hike After Jobs Report”, is a deep dive into the likelihood of another 0.75% interest rate hike at the Fed’s meeting next month with a resiliently tight labor market, wage growth, and persistent inflation.