Workers struggling to make ends meet during the ongoing government shutdown was a main topic of conversation during the Jan. 24 edition of America’s Work Force.
Government Affairs Director with the AFL-CIO, Bill Samuel, discussed the thousands of government workers who have gone nearly an entire month without receiving a paycheck. Samuel said that a lot of the workers who are not working right now were not in high-paying positions, taking home around $500 a week, and are struggling to pay for rent, mortgages, car payments, groceries, and other necessities. He said he very much hopes to see the government reopen as soon as possible. Samuel also talked about the Democrats agenda for 2019, which includes increasing the minimum wage to $15 an hour, holding representatives accountable and work on immigration reform.
Dan DeVerna, registered representative and investment advisor representative offering securities and investment advisory services with Ameritas Investment Corp made an appearance on the Jan. 24 edition of AWF. He is also author of Retirement Is Just the Beginning: The First Responder’s Guide to Protecting a Retirement Strategy, which discusses retirement strategies. DeVerna talked about what he calls the “retirement red zone,” which is when you have a target time that you want to retire, and you are quickly approaching it. While in the “retirement red zone,” DeVerna said that you should be organizing your “financial junk drawer” so that you know how much you will receive through your pension, 401k, or any other retirement plans so that you can properly prepare yourself for retirement.
AWF host Ed “Flash” Ferenc discussed President Trump’s disapproval rating being at an all-time high during the longest government shutdown in the United States.