August 9, 2025

This week on “Henssler Money Talks,” we examine the implications of Donald Trump's firing of Bureau of Labor Statistics Commissioner Erika McEntarfer after the release of weaker-than-expected jobs data. Critics argue the move threatens the credibility of U.S. economic reporting, but are inconsistent readings just a byproduct of the antiquated ways they collect their data and dwindling survey response rates?

As the cost of living continues to climb, we break down SmartAsset’s latest findings on the salary needed to live comfortably in each U.S. state. From Hawaii’s sky-high income thresholds to West Virginia’s relative affordability, we explore what these findings mean for individuals, families, and long-term financial planning—especially as median wages fall short of what it now takes to get by.

After the break, we turn our focus to annuities, providing our take on these investment products. Furthermore, should a retiree put 25% of their assets into an annuity to help with Required Minimum Distributions? We’ll walk through the essential questions to ask, from the type of annuity being recommended to how it fits into a comprehensive financial plan.

Join hosts Nick Antonucci, CVA, CEPA, Director of Research, and Managing Associates K.C. Smith, CFP®, CEPA, and D.J. Barker, CWS®, and Kelly-Lynne Scalice, a seasoned communicator and host, on Henssler Money Talks as they explore key financial strategies to help investors navigate market uncertainty.

Timestamps and Chapters

4:42: Defensive Sectors, Consumer Sentiment, and Solid Earnings
9:43: Rigged or Reputable? The Battle Over U.S. Job Data
24:28: Sticker Shock: The New Price of Living Well in America
39:53: RMD Strategy or Sales Pitch? What to Ask About Annuities

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Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization’s initial and ongoing certification requirements to use the certification marks.

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Tagged Unemployment Report, Trump, Bureau of Labor Statistics, required minimum distributions, median wages, RMDs, living comfortably, Federal Reserve, QLAC, Consumer Sentiment, Deferred Income Annuity, earnings, Qualified Longevity Annuity Contract, annuity, broad financial plan, cost of living, Markets