Your Money with David Hays

Catch Your Money Thursdays at 6pm and Saturday mornings at 9

Catch Your Money Thursdays at 6pm and Saturday mornings at 9

Catch Your Money Thursdays at 6pm and Saturday mornings at 9

If you've listened to the show since the early days (starting around 2002), you may recall David discussing demographics - the statistical characteristics of people. This week David is revisiting the subject - diving into consumer spending and savings - and how those characteristics and habits have changed over the past twenty years.  Also this week, The Wall Street Journal had an article about gr...

It's been a big week in financial news, as the Federal Reserve increased rates 0.25%. David will discuss how this impacts earnings, valuations, bonds and more - with Rod Holloway from CFCI joining him on the phone.   Also this week - while the idea of retirement is different for everyone, there are many common questions and themes. How do I find reliable income in retirement? How do I keep up with...

Did your parents, or your grandparents, have a pension? Do you remember hearing about these retirement programs that were fairly common to American workers years ago? This week David dives into a recent Wall Street Journal article about some companies bringing pensions back to entice and retain employees.   "America's IRA Expert," Ed Slott, was recently interviewed for a different article in The W...

With the national debt climbing past $40T, what are the options to reduce the spending? This week David discusses potential options - reducing spending and benefits, raising taxes or a combination of things.  Also, The Wall Street Journal reports that "Corporate America's Profits are Booming - and Signal More Good Times Ahead." Rod Holloway from CFCI will be on to discuss the article as well as ne...

David is back live in the studio this week to catch listeners up on a variety of topics - including the news from late last week that the US national debt hit $40T (and continues to climb).   Last week's show included discussion on estate planning and trusts - and this week David will talk about the idea of naming a trust as the beneficiary of an IRA. Plus, fixed-income investing is something many...

This week local attorney Dustin Plummer is on the show to discuss estate planning. It's a common topic on the program, but this time we step away from the financial details and more into the legal aspects of financial planning - the misconceptions people have of estate planning, why parents and grandparents worry about leaving sizeable inheritances, what to do when second marriages and blended fam...

This week is our latest Question and Answer Show, and it's filled with a variety of questions from listeners and in-person conversations over the last several weeks. Some of the questions include:    I need to take another required minimum distribution (RMD) this year. What options do I have if I do not need the money?  My son is 18 months old. I want to start saving for his future, but I'm not su...

David dives deep this week into the world of IRAs - understanding the basics of the investment product, understanding "basis" and "cost basis," the "ghost-life rules" of IRAs and why inherited IRAs (and 401(k)s can quickly become complicated.   Plus, David will provide an economic outlook on a variety of topics - the Middle East, inflation, the labor market, the financial markets and early thought...

This week the Federal Reserve met, taking a 9-3 vote to keep interest rates steady again. What does that mean for the next few months for Americans? David Hays welcomes Rod Holloway from CFCI to discuss the vote as well as US GDP and more.   Fidelity Investments shared their 25th annual Retiree Healthcare Cost report this week, and David will share some of the highlights and insights from the repo...

Are you thinking about moving? This week David will be discussing real estate capital gains, and options to potentially avoid or delay capital gains. Last week David ran short on time for his mid-year financial discussion. He will discuss savings, beneficiaries and spending habits - and how to review and modify those habits based on needs and goals. All this, plus looking at five common mistakes...

It's a step in the (potentially) right direction. This week the House passed legislation to make daylight saving-time permeant. What does that mean for Hoosiers, and the rest of the country? David will share thoughts on the impact - and upcoming conversations with state elected officials.   Also, is the Australian system of retirement something the US should consider? David will discuss how Austra...

Have you ever heard of the five-year rule, as it relates to Roth IRAs? This week David will discuss why Roth IRA owners need to pay attention to this rule when taking distributions and how converted funds relate to the guideline.  June was Annuity Awareness Month, and there was some discussion on the investment product in the June 18th episode. This week David takes a deep dive into the various ty...

David is back in the studio this week, as the second-half of 2026 kicks off.   Rod Holloway from CFCI will be calling in to provide a market update, as well as discuss jobs, inflation and more.   July 4 isn't just Independence Day - it's the start of the new Trump Accounts, with opportunities for saving for children. David will give specifics on the plan, as well as compare the program to Roth IRA...

Doug Hughes and Jim Inman are in the studio again this week, continuing last week's conversation on financial matters for 30-to-50 year-olds.   Doug and Jim will also highlight an important topic - cybersecurity - and how people can protect themselves from hackers.   Summer is here - and people are grabbing books as they head for vacations or evenings on the patio. The guys will have some suggesti...

David is traveling this week and next, so Doug Hughes and Jim Inman are taking over the microphones for the next two shows.   This week Doug and Jim will take a look at Space X Initial Public Offering (IPO) and why it's so newsworthy. They will also share what the differences are between a million, a billion and a trillion (bring a roll of pennies with you when listening).   Also, June is National...

It was announced this week that the already-expected Social Security shortfall has crept up - now to late 2032. The Wall Street Journal reported this week that "unless Congress shores up the retirement program, the depletion of reserves would trigger a 22% reduction in benefits in late 2032." David will be discussing what this means for retirees and future retirees and what Congress needs to do to...

This week is the Question-and-Answer Show! David and Jim Inman bring a variety of questions to the airwaves, including:   How to roll over a portion of an IRA to a Health Savings Account (HSA) Is paying off a mortgage before retirement a smart move? How are estates taxes in Indiana? Should retirees still own stocks?   Remember you can always submit a question through our website, and we will respo...

This week David welcomes back Rod Holloway with a market update, discussion on new Federal Reserve Chair Kevin Warsh and what's going on with jobs and inflation.  David also returns to a big topic - Social Security. What may be the difference between calling the Social Security Administration versus expecting something to happen automatically? There can be a lot - and David will explain more in de...

David takes a look at international investing this week on the radio show. It's a global economy today, and what happens in other countries impacts Americans - and vice versa. David will look at what's been happening in Europe in recent history, including currency values, and how it all can impact investment returns.   Gold is always a big topic, and David will share some insights gained from a re...

Social Security is a big part of many retirees financial plans - and there are always rumors and concerns about the long-term role it will play as an income source.   This week on the show, David will talk about the history of Social Security - when it started, what has changed over the years, why a change in the 1980s was crucial and more.   Rod Holloway from CFCI will be calling in this week as...

At the end of March, the US national debt hit a new milestone - exceeding 100% of GDP (gross domestic product). This week David will take a look at what that means to the average American, as well as compare interest on our debt against national spending on defense. Plus, could this mean higher taxes? David will share details from his Ed Slott Elite IRA Advisor conference last month.   Many people...

David is back in the studio this week after attending the Ed Slott Elite IRA Advisor conference - and there is much to discuss on this important retirement vehicle. David will share about a recent Wall Street Journal article on IRAs, as well as 50 Roth IRA considerations that came out of the conference.   Rod Holloway from CFCI will also be calling in early in the show to give an update on the sta...