Welcome to another episode of Financial Revelations – The Sin of Retirement™ with David Szafranski!

David has exciting news about The Sin of Retirement™! A small group study guide and personal workbook are currently in development, making it easier for individuals, churches, and small groups to dive deeper into the message of living a life of purpose beyond retirement. Look for both to be released in the coming months, and visit www.sinofretirement.com for updates, the book, and official merchandise.

There's also exciting news from Nativos USA! Construction is underway on a new church in Maués, Brazil. Progress is steady, and it's exciting to watch this project come together and see how God is working through this ministry. Visit www.nativosusa.org to view photos, learn more about the project, and find out how you can help.

Inflation, Oil & the Economy

Inflation numbers came out last week, and the latest report was better than expected in some respects. David looks at two important measures: headline inflation and core inflation.

Core CPI, which excludes food and energy, increased 2.4% over the past molnth, down from 2.5% in July. Headline CPI held at 3.4% . Energy prices, particularly gasoline, have been an important contributor to recent inflation readings.

David also takes a look at historical numbers, including the 10-year Treasury yield, gasoline prices, and how energy costs can affect the economy and inflation.

Listener Question: Capital Gains

This episode also features a listener question: If you buy a stock for $10 and sell it for $30, what is the capital gains tax?

David explains how capital gains work, how the taxable gain is calculated, and the factors that can affect how much tax you may owe.

Have a financial question or would you like David and the team to review your portfolio? Email [email protected].

Follow David on X (formerly Twitter): @skibucks1.

To learn more about the Amazon well-drilling project or support the mission, visit https://nativosusa.org.

You can also visit https://www.gofundme.com and search "David Szafranski" to support ongoing mission efforts.

Thank you for listening to Financial Revelations – The Sin of Retirement™ with David Szafranski!