Halloween Spending and Retirement

Halloween is rapidly approaching and it’s a holiday that generates a lot of spending in our country. We’ll take a look at the numbers behind the holiday and how it impacts our economy. Of course it will all tie back into retirement planning and BOOdgeting budgeting

On this episode: 

0:47 – Nathan is back from vacation.

1:47 – Halloween is approaching so that’ll be the theme for the show.

3:23 – We have seven facts that show how Halloween boosts the economy.  

4:33 – How much we spend on average on Halloween and how much that adds up to.  

5:19 – 2018 we saw fewer people celebrating but a higher average spend.  

5:57 – The average American says they don’t have enough in savings to cover a $500 emergency yet we set aside $100 for Halloween.

7:19 – The top five candies.

8:45 – Make sure you think about your plan when you’re budgeting for holidays.

10:53 – Do you recommend clients practice budgeting for retirement before they get there.

12:28 – You’ll have to adjust your budget in retirement because of inflation and other factors.  

Show notes: https://thefinancialanswer.com/podcasts/halloween-spending-and-retirement/