It’s a lot easier to get a job done if you have the right tools. And the financial tools you need for retirement are a little different from what you used during your working years. So, we want to help you pack your retirement tool kit.

There are so many big decisions you have to weigh heading into retirement. We like to take one of those big decisions and really dive into the pros and cons … this is Retirement Yea or Nay.

It seems like the stock market has only been moving one direction in 2022: DOWN. The current economic conditions mean there are headlines about things like corrections, recessions, and bear markets. Victor discusses what those terms mean for us.

Nine out of 10 Americans are planning to travel this summer, despite inflation pushing prices higher on just about everything. People are still planning to travel, but higher prices are causing many of us to modify our plans.

Although there are signs that we could be headed for a recession – high inflation, supply chain shortages, etc. – there are also signs we might avoid a recession. But there are still financial headwinds that could potentially have a negative impact on your finances. Victor shares some tips.

Generally, market interest rates and bond prices move in opposite directions, meaning as rates increase, bond values will typically fall.

Retirees may reduce interest rate risk by choosing bonds with a shorter duration, which are less sensitive to rate hikes.

Rising interest rates may still be good for retirees with a longer timeline

The combination of high inflation and high market valuations could require revisions to the retirement rule of thumb.

Bill Bengen, who developed the 4 Percent Rule in 1994, says 8.5 percent inflation and high stock and bond market valuations may require a more conservative approach.

Preparing and saving for retirement can be a challenge for all of us. But for small business owners, there are some unique concerns and challenges. We want to spend some time today talking about how you can prepare for retirement if you aren’t retiring from a corporate job with a 401k.

The SECURE Act 2.0 is making its way through Congress with bipartisan approval in the House.
Victor shares some key elements of the legislation

Today’s federal income tax rates might be the lowest you’ll see for the rest of your life, after tax rates went down with the 2017 Tax Cuts and Jobs Act. But those tax rates expire come 2026, so there’s a built-in tax increase. President Biden has unveiled his proposed budget for next year, so many are wondering what the potential tax impact could be. We also have some GOOD news about women’s wages in the US.