Financial Choices Matter

Financial Choices Matter header image 1

Life Events That Spark Major Changes

Sometimes events happen in life that make it really important for you to carefully assess your financial situation. Let’s explain why each of these events is usually a good reason for a financial review.

Show Notes:

2:32 - Will Rogers Quote

4:00 - Life Events Can Spark Major Changes

9:50 - Unplanned Events Of Jobs

7:31 - Serious Medical Issue

11:09 - Estate Planning

17:56 - Mailbag Rick Worries About Running Out Of Money With Recent Downturn In The Market

Coronavirus Update

The Coronavirus (COVID-19) is having a dramatic impact on our daily lives and many people are taking a huge financial hit from lost wages, a volatile stock market, and general economic uncertainty. Charles will talk about his thoughts on this situation and we will briefly mention a couple elements of the new CARES Act.

Show Notes:

1:18 - How Business Has Been For Charles

3:27 - Being Able To Help A Client With The New CARES Act

6:03 - RMDs Are Not Required For 2020

8:51 - Taxes Will Have To Go Up, Which Is Why A Roth Conversion Might Be A Good Idea Right

12:00 - Great TP Shortage

13:49 - April Fools Story

15:53 - Mailbag Lucile Wonders What The Best Way To Save For Retirement Since She Cannot Contribute To A Roth

Play this podcast on Podbean App