CategoriesFinancial QB TV Videos, Home Featured, Retirement, Social Security by

Should I Take My Social Security Early Because of COVID-19?

During these tumultuous times of COVID-19, many older workers are uncertain about their financial future. 

Due to rising unemployment, volatile markets, and just the overall fear of COVID, questions about Social Security have come up frequently. Older workers, at least 62 years old, are beginning to consider claiming their Social Security early. In this blog post, we’ll cover the best retirement age (based on your financial goals), whether or not your social security benefits should be accessed early, and what a normal retirement looks like.  Read More

CategoriesFinancial QB TV Videos, Retirement Income, Roth IRA, Traditional IRA by

New RMD Rules and COVID

On March 27, 2020, the CARES Act was passed and signed into law.

This massive piece of legislation was passed as a result of the COVID-19 pandemic. The legislation made significant changes that impact retirees, retirement income strategies, IRAs, income taxes, and qualified retirement plans like 401(k)s, 403(b)s, etc.

One major impact it made was in reference to Required Minimum Distributions (RMD). Read More

CategoriesFinancial Planning, Financial QB TV Videos, The Stock Market by

How I’m Investing During COVID-19

It’s a tough financial time for many as we deal with the COVID-19 pandemic, but that doesn’t mean you have to lie down and let yourself get pummeled. There are things you can do to manage your assets!

If you’re fortunate enough to not have your family income reduced during this time, there are some opportunities to protect yourself and grow your long-term wealth if you are under the age of 55. Read More

CategoriesFinancial Planning, Financial QB TV Videos, Investor Behavior by

Looking For the Perfect Investment? Here’s the Secret….

We are in some weird times right now. A few weeks ago, I would have never imagined that I would have to plan for our federal, state and local governments to shut down an entire economy due to a pandemic like the coronavirus (COVID-19).

I have been through several economic downturns in the past and, unfortunately, it’s times like this that many investors will panic and make some big money mistakes.

And one of the biggest mistakes is trying to search for the “perfect investment.”  Read More

CategoriesFinancial Planning, Financial QB TV Videos, Roth IRA, The Stock Market by

Why COVID-19 is the Perfect Time For a Roth Conversion

 

These are uncertain times. People are getting laid off, the stock market has taken a hit, and and there are a lot of unanswered questions.

But this is also the perfect opportunity to get your retirement plan in order. In fact, there are many reasons that doing a Roth conversion is a great decision. And even better? It’s not hard to do.

Read More