For a factual summary of the Smoot-Hawley Tariff Act and how it negatively effected the economy, please read the Wikipedia article: https://en.wikipedia.org/wiki/Smoot%E…
This video explores the evolution of retirement planning and why it’s more important than ever to think strategically about your financial future. We start with a look back at the origins of the U.S. tax system before 1913 and how it shapes today’s rules. From there, we discuss the urgency of retirement planning, how different strategies can work together, and what it means to be in the 7–12% tax bracket. You’ll also discover why states like Texas appeal to retirees, what smart portfolio allocation looks like, and even lessons from history—like refitting old army ships—that carry financial wisdom. With insights into new retirement developments and the mindset of long-term wealth building, this video provides the tools and perspective you need for financial confidence.