Would you like to know why I’ve gotten zerofreaked-out calls or emails from my clients because of the coronavirus, political upheaval or [insert your own freak-out factor]? It’s because we’ve already tested even worse scenarios (like the 2001-2003 recession) in their written retirement financial plans and they know they will be OK.
1. If we have not developed your written retirement financial plan then get yourself on my schedule immediately. I’ve opened my calendar up as much as possible for the next three weeks. Call me at my mobile at 503-698-1110 or simply schedule yourself here: https://calendly.com/g—5
5. Do you need to put off that expected retirement date this or next year? I won’t sugar coat it; maybe you do. But how do you figure out when you can retire?
6. Finally, taxes will probably shrink your money more this year than will the market. What tax planning have you done? Did you know the tax issue will become even more concerning in 2026 when the Tax Cuts and Jobs Act expires? I don’t see any of my peers doing tax planning. Maybe this is the perfect time to do Roth conversions or in-kind conversions of poor performing stocks. When the market recovers, all the gains can be tax-free. This video is pending my review of the three “stimulus” packages. Lots of little- and not so little -goodies for everyone.
Warm wishes during these trying times,
and get yourself on my calendar!:
Your Constructive Comments are Welcome!