Alabama gets a Democratic Senator, CPI picks up, and I try to explain how the new tax plan affects California residents. I discuss what’s going on in the world of business and politics and 10 key retirement items.

Summary: Unemployment nears 4% and the consumer-price index reads a tame 2.2%. With unemployment near 4% we should have seen an increase in wage inflation. What will the Feds do with rates? Other topics include: • Understanding the new tax plan • A preview of tonight’s 10 Pillars of Retirement Income Planning webinar • Generational differences in spending