No matter where you look, there’s very little positive financial news right now. Inflation is soaring. Markets are tumbling. Supply chain issues continue. You’re probably wondering if this time is different. Let’s take a look at this current investing environment and share a few of the things we’re telling our clients.

 

Get additional financial tools here: https://www.moneyandclarity.com/podcasts/ 

 

What we discuss in this episode: 

2:15 – Markets dropping isn’t a bad thing

4:10 – Markets aren’t linear

6:27 – Like a difficult medical procedure

8:31 – This is factored into your plan

10:00 – Moments like this are normal

Real estate prices have been soaring over the past few years and that has plenty of people worrying about a bubble coming. Rather than stressing over something that may or may not happen, take time to enjoy the rising home values. Let’s talk about how you can do that and why we think this is a great thing.

 

Read more and get additional financial resources here: https://www.moneyandclarity.com/podcasts/ 

 

Today's Key Points: 

2:02 – Not happy about high prices?

3:40 – Is this a bubble?

5:17 – Tangible asset

5:56 – Rise in value is a good thing

7:40 – Emotions drive decisions

8:53 – What you need to understand

10:12 – What you can do now

We’ve all been keeping an eye on the events happening in Ukraine and many people have been asking us what it might mean to the economy in the near term and the long term. Today we’ll share an article we came across recently that looked at some of the biggest news events over the past few decades and how markets reached right after.

 

Read the article: https://www.thinkadvisor.com/2022/02/24/how-stocks-performed-after-11-global-shocks/ 

 

Read more and get additional financial resources here: https://www.moneyandclarity.com/podcasts/ 

 

What we discuss in this episode: 

0:33 – Background on the article

3:24 – Events of the 1980s and 1990s

6:58 – Events of the 2000s

8:20 – Market reactions

10:35 – How will this affect you?

11:52 – Question on Social Security

Having to handle the estate of a loved one can be a difficult time because of the emotional ramifications that come along with making these financial decisions. We found an interesting article that explored the author’s personal experience with having to oversee his mother’s estate and everything that came along with that.  

 

Read more and get additional financial resources here: https://www.moneyandclarity.com/podcasts/

 

What we discuss in this episode: 

0:56 – Conflict in Ukraine

2:08 – The article we’re referencing

3:29 – Estate taxes

4:22 – Giving assets away before death

5:52 – Pros to giving away assets now

7:56 – Step up cost basis

9:38 – Irrevocable trust

10:51 – The biggest issue in the article

11:50 – Final thoughts

It’s impossible to ignore the rising costs in everyday expenses right now and it’s clear that inflation will need to be incorporated into planning moving forward. Today we’ll explore the impact inflation is having on retirees and pre-retirees and discuss the things you should be considering with your financial plan.

 

Read more and get additional financial resources: https://www.moneyandclarity.com/podcasts/ 

 

What we discuss in this episode: 

0:35 – Why we rebranded the podcast

1:28 – Examples of price increases

6:20 – Two reasons for the recent inflation rise 

7:00 – Used cars prices 

9:45 – Look at your home value 

11:48 – Real negatives to inflation

13:29 – Inflation adjustments in planning

16:59 – Inflation’s evil twin brother, taxation 

18:54 – Being too conservative is actually aggressive

21:23 – Closing thoughts

The SECURE Act, when rolled out in 2020, was some of the most significant retirement legislation in years, but the government is already discussing further changes. Let’s run through the list of proposals and find out how they might impact planning in the future.

 

Read more and get additional financial resources here: https://www.moneyandclarity.com/2021/07/ep-166-secure-act-2-0-what-you-need-to-know/ 

 

What we discuss on this episode: 

1:02 – Summer update

2:55 – Background on the SECURE Act

3:46 – RMD age increase even further

6:17 – Auto-enroll into 401k

8:00 – Catch-up contributions could increase

10:11 – Matching contributions on student loan payments

12:18 – National 401k database 

The statements we’ll run though on the show today are basic common sense that nearly everyone would agree with, but our behave often doesn’t line up. Today look at these straight-forward approaches and explain what keeps us from following them.

 

Read more and get additional financial resources here: https://www.moneyandclarity.com/2021/06/ep-165-learning-through-uncommon-sense/ 

 

What we discuss on this episode:

0:55 – Life without masks

4:22 – Buy Low and Sell High

6:59 – Don’t pay more in taxes than you have to

9:39 – Keep costs low

11:59 – Don’t put all your eggs in one basket  

14:03 – Market timing is virtually impossible

On today’s show, we’re going to be talking about financial planning in President Biden’s America. We’re past his 100th day in office, so let’s take a look at the impacts in financial planning and the markets.

 

Read more and get additional financial resources here: https://www.moneyandclarity.com/2021/05/ep-164-financial-planning-in-bidens-america/ 

 

What we discuss on this episode: 

3:17 – Taxes

7:50 – Infrastructure

14:15 – Capital gains

17:37 – Climate

Comprehensive planning takes care of every aspect of retirement, but without it there are areas that could quickly become a calamity. Today we’ll identify five key areas where people don’t pay enough attention and end up flirting with disaster.

 

Read more and get additional financial resources here: https://www.moneyandclarity.com/2021/04/ep-163-flirting-with-financial-disaster/

 

What we discuss on this episode: 

2:24 – Out of date legal documents

7:21 – Incorrect beneficiaries

10:15 – Ticking tax time bomb

14:43 – Long-term care expenses

19:12 – The 60/40 portfolio