Smart Money Questions

So When is the Next Market Crash Happening?

It’s a question we get a lot from clients. Everyone has enjoyed the long run upwards in the stock market but now we’ve moved into the stage of worry and pessimism. But it’s not your fault. Headlines always make you fear the worst, and that’s why we’re going to address the elephant in the room and how to be prepared for the worst.
On this episode: 
0:36 – We’ve been getting questions about the next market crash for a little while now.
3:17 – Question from Elizabeth: I’m retiring in 6 months and I’m worried about what will happen if we have a market crash before I reach the finish line.    
4:03 – When is the next market crash going to happen?
5:14 – A way to take advantage of long-term market returns is to have different buckets of risk.  
5:43 – My recommendation on when you should start looking and planning your retirement income.
7:24 – Seems like 8 out of 10 people want to know when the next crash is coming.
8:25 – What history tells us.   
9:45 – You have to be prepared for it by structuring your plan correctly.  
12:29 – Explaining the different types of risk buckets.
13:53 – We ask people if they understand what investments they’re in and how much risk is involved? 
15:41 – A story about an old friend who reacted to the drop in 2018.
18:04 – Recapping everything we’ve talked about.  
Get the full show notes and additional resources by clicking here. 

Empowering Women in Financial Planning

Matt will be speaking at an event on the topic of empowering women in financial planning and it got him thinking a lot about examples in his personal and professional life that tie into the topic. This episode will run through statistics you need to know and the most important investment items you need to have in order. 
Click here to see the full show notes.

3rd and 4th Quarter Financial To-Do List

We’ve already rolled into the third quarter of the year and that presents us with a great opportunity to evaluate our portfolio. Giving your plan a check-up will help keep it on track headed towards your goals so use this checklist focus on the most important questions.
Check out the full show notes by clicking here.

Understanding Tax Laws Can Help You With Investing Decisions

A recent tax bill was signed into law in July 2019 and it serves as a reminder that understanding taxes is an important aspect to planning your retirement. Knowing how much of your money will be yours when you decide to access it will determine how much you actually need. On this episode, we discuss this tax law and answer a few questions sent to us.
Check out the full show notes by click here.

Unasked Questions About The Stretch IRA

Do you ever wonder what you might not even know to ask about? For instance, do you know what a stretch IRA is and how it works? Or how to designate beneficiaries and joint ownership over your accounts appropriately? Matt talks through the ins and outs of these things, answering your questions before you ask them.
See the full show notes here. 

Early Retirement, NOT In A Lower Tax Bracket, & Defining Your Financial Security

We've got a few listener questions on the docket for today. First up, we'll discuss Abe's question about being forced into an early retirement. Should he get another job? What items should he address before he is no longer receiving a paycheck? We'll also answer Blair's question about tax brackets in retirement. What is the real outlook on future tax rates, and how should we prepare? Finally, we'll take a look at how you can define financial security for yourself.

Adam Quiney On Your Relationship With Money

This week we speak with special guest Adam Quiney, an executive leadership coach, about how your relationship with money can define your experiences as an investor and as a retiree. We'll delve into how that relationship is formed and how it then influences your thoughts and decisions throughout each phase of your life.

SECURE Act & Gifting vs. Inheriting

At the end of May, Congress passed the SECURE Act, which will create some major changes to qualified retirement accounts. We'll look into what those changes will be, as well as possible future implications. And later, Matt shares a story about a client that highlights the importance of understanding the difference between gifting and inheriting.

Roth IRA Follow Up And Inheriting Something I Don't Want

We received quite a few responses from listeners after the last episode, so we'll be following up on last weeks's topic by discussing Roth IRA conversions. We'll also talk about what to do if you inherit a piece of property that you don't want, and we'll learn about Stretch IRAs.

Roth IRA Contribution Limits And Other Questions

This week, we'll delve into some listener questions about retirement accounts. Matt will clear up the difference between the tax characterization of different types of accounts, as well as whether they should be invested differently. He'll also discuss what happens if you overfund a Roth IRA, how your Social Security is taxed, and more.