One of the main excuses we give for not having a retirement plan is that we just don’t have the time…Russ talks about what can be accomplished in just a few minutes. Plus, the critical need to address your retirement tax plan now, due to all the recent stimulus spending.

Economists generated major headlines, and perhaps more confusion, this week by releasing the surprising news that unemployment rates are down and yet we have entered a recession. Russ gives his opinions as to why the market continues to rise and offers caution in becoming too optimistic.

Russ talks about 2 major areas that could devastate your nest egg without proper planning, and offers solution ideas and the ways he helps his clients to better protect themselves.

Despite the 30% market downturn we saw in March, the market has climbed back up and now only 5% down for the year. Russ talks about what his clients learned from the big drop, and how he’s helping to use those lessons when looking towards a plan for their financial future.

Russ gives a firsthand account from his recent trip across the country by plane, thoughts on how potential vaccines are encouraging market upticks, and an update from Gov. Lamont on when things may reopen.

Washington is debating another round of stimulus spending, which could bring on “monumental” tax increases in the next decade. Russ talks about what that means if you hope to be enjoying retirement by then? And on a sweet note, a financial writer talks about “money lessons” she learned while visiting with her mother, and her Mother’s friends, in their assisted-living community.

The latest economic data was released this morning (05/21/20) and unemployment claims continue to rise. Russ talks with Melissa on WICC 600, about the industries hit hardest, what economists are projecting on a recovery timeline, and the market reactions we can expect to see based on historical data.

Russ talks about “layered” fees and how they can quickly add up to a much bigger amount than what you think you’re paying. Plus, how taxes may be threatening your retirement security and the difference between what you think you’ll spend versus what you’ll actually spend, after you stop working.

Despite last week’s report revealing a 14% unemployment rate, the markets continue to maintain healthy levels...So what are you supposed to do? Russ talks to Tony and Melissa on WICC 600, about how your age should factor into your decision, and that the time is NOW to take advantage of opportunities.

We’re always on the lookout for ways to improve our financial lives, but sometimes that involves things NOT to do. Russ talks about some potentially bad investment choices many people have been making during the downturn.