The Wall Street Sweeper: Recent Episodes
Russell Hackmann
Russell Hackmann is the president of Hackmann Wealth Partners, with over 25 years’ experience advising individuals and institutions on wealth and risk management. In addition to his weekly radio show heard in Connecticut, his podcast is designed to address today's headlines and sweep away Wall Street's confusing clutter and lingo.
“When can I retire?” is a top Google search. Russ points out that “Can I stay retired?” has become the new follow-up question and why getting a 2nd opinion is one of the best ways to find out. Need a savings plan review? Visit HackmannWealth.com.
When it comes to estate planning, many of us are unsure about what to do. Russ explains how a financial advisor can, and should, help you factor these details into your overall plan. What will your legacy be? Visit HackmannWealth.com.
Most financial professionals have changed their approach to retirement planning in the last year. Russ explains adjustments his team has made to align with what their clients are asking for, and why you should consider the same requests. Does your plan align with your goals? Visit HackmannWealth.com.
Interest rates went up another ¾ of a point and more hikes are expected. As the Fed works to correct inflation, Russ talks about how those who plan to retire in the next 1-5 years are facing some unusual risks. Want more protection on your savings? Visit HackmannWealth.com.
There are many places to go when seeking a financial advisor. Russ talks about differences between advisors working for big banks, versus those who are independent. Seeking some advice? Visit HackmannWealth.com.
If your 401(k) is a 60/40 mix of stocks to bonds, then you’re likely down over 15%. But is this just an unusual year, or is the 60/40 portfolio not a good design anymore? Check your risk, visit HackmannWealth.com.
As many financial ‘experts’ pull out their crystal balls, Russ wants you to remember that it’s impossible to predict a recession and now is not the time to stick your head in the sand. Discover what protection moves you can make, visit HackmannWealth.com.
In 2020, the government’s efforts to keep the economy going led to a quick recovery, but now economists say the market is in for a dose of reality. Russ talks about ways to help limit losses. Need a risk assessment? Visit HackmannWealth.com.
The economic outlook is gloomy, but now is not the time to sit on your hands. Russ talks about available opportunities, despite the market, and why now is the time to get a 2nd opinion. Got market worries? Visit HackmannWealth.com.
30 years seems like a safe assumption on how long you’ll need your nest egg to last. But a new study says some will live into their 120s! Worried about outliving your money? Visit HackmannWealth.com.
The market moving into “bearish” territory could actually present opportunities for investors, by way of a Roth conversion. Want to know how to save money on taxes? Visit HackmannWealth.com.
Inflation is up, interest rates are up, volatility is up…your accounts are down. As investors look for ways to protect capital, Russ shares his ideas on possible investment options. Seeking a silver lining? Visit HackmannWealth.com.
Warren Buffett says invest in the S&P 500 Index Fund because it’s outperformed most money managers for over a decade, but Russ explains how having financial vehicles differs from an actual written plan. Ready to get your plan in place? Visit HackmannWealth.com.
The recent mega-jackpot winners have a LOT less coming to them thanks to Uncle Sam. Russ explains how taxes are a big deal for all of us because you never get that money back. Need a retirement tax management plan? Visit HackmannWealth.com.
A financial contributor admits his 3 dumb financial mistakes. One of the biggest was not taking advantage of tax-sheltered retirement accounts. Russ explains the need for multi-year planning. Are you taking full advantage of your tax options? Visit HackmannWealth.com.
Inflation is leading to interest rate hikes, leaving many worried about the market. Russ points out the risk management you need on top of investment adjustments. Does your risk plan include income and legacy? Visit HackmannWealth.com.
The need for tax planning doesn’t end just because you stop working. Russ talks about some common tax mistakes retirees make, and how he works to help clients avoid them. Is your retirement “tax ready”? Visit HackmannWealth.com.
At 76, Dolly Parton isn’t slowing down and admits her hope to never stop working. While the notion is nice, Russ explains how an unforeseen circumstance could upset your plan to work forever. Are you prepared for the unexpected? Visit HackmannWealth.com.
Many Americans have saved to a 401(k) and now are hearing of the idea to convert that money into a Roth and pay taxes before retirement. Russ shares info on the advantages, plus other items you need to have checked off your list. Does your income plan include a tax plan? Visit HackmannWealth.com.
Inflation has grown to 7.9% which is not only hard on your wallet, but adding more volatility to the stock market as well. Russ talks about building a plan to sustain your quality of life despite rising costs and market turbulence. Need a retirement income plan? Visit HackmannWealth.com.
A test-drive of several free online calculators returned some shocking results that further emphasize you should not believe whatever you find on the internet. Have you calculated all the pertinent information? Visit HackmannWealth.com.
You need multiple income streams in retirement but how do you build them and once you do, what tax obligations could they create? Russ talks about the delicate balance required in a retirement plan. Make sure your savings are in check, connect at HackmannWealth.com.
Many drivers wait to see a mechanic because they’re intimidated, the same can be said about financial advice. Russ explains how the current state of the world is the “check engine light” on your retirement plan. Take a look under your financial hood, visit HackmannWealth.com.
Marriage is a partnership but that’s something many forget when it comes to financial planning. Russ explains the critical need for both spouses to be involved in the process. And whether you’re a couple or single, we’re all worried about taxes but rolling everything into a Roth is not the answer! Need a retirement tax strategy? Visit HackmannWealth.com.
The SATs are making drastic changes to try to stay relevant as colleges ditch these tests as an admission requirement, pointing out that it may be time for you to also let go of these “old-fashioned” money rules. Also, if you’re second-guessing some of your retirement planning moves, Russ explains why it’s important to get a second opinion. Visit HackmannWealth.com.
Turns out you don’t need fabric softener. Laundry soap no longer contains lye making softener unnecessary, yet most of us still use it because that’s “what we always did” …and it’s not unlike how we approach our savings. These 3 common retirement mistakes prove we’re just saving “like we always did.” Are you guilty? Visit HackmannWealth.com.
Annuities and regular Long Term Care policies are often surrounded by negative consumer opinions. Russ talks about how the landscape has drastically changed in both areas, while sharing available options you may not know about but might find appealing. Visit HackmannWealth.com.
Your future happiness relies heavily on how you spend your money. Russ talks about building a plan that gives you “permission to spend” on the fun things, but also factors in the not-so-fun expenses that many of us fail to plan for in retirement. Connect at HackmannWealth.com.
The pandemic is still raging, and inflation is rampant, making stability even more important right now. All these notions may be throwing a wrench in your plan to retire this year. On this episode, Russ talks about ways to build a plan so you can have confidence retiring, no matter what is happening in the world. Visit HackmannWealth.com.
Over half of respondents say the worst part of the entire holiday season is this one activity, and it’s not unlike how many approach retirement planning. Russ talks about simplifying the process, and what he thinks you should prioritize. Been putting off your own plan? Connect at HackmannWealth.com.
It’s perhaps the most-maligned food of the holiday season, but many home bakers insist that those who hate fruitcake have probably never even tried it. Which gives it a direct correlation to one particular retirement planning tool. Russ explains why you need to keep an open mind when creating your retirement income plan. Connect at HackmannWealth.com.
There’s a disconnect between what financial advisors think their clients want to talk about, versus what clients actually want to talk about. Russ talks about the questions you should be asking your financial advisor in order to develop a plan suited towards your goals. Looking for a clearer financial conversation? Connect at HackmannWealth.com.
A fast-food chain is bringing a misunderstood burger OUT of retirement and reminding us that we’re not so great at math along the way. And if you inherit a traditional IRA, you have 10 years to withdraw all the money, but should you take out a little each year or take it all in one lump sum? Need some help “doing the math” on your savings? Connect at HackmannWealth.com.
Yes, you’re aware of the current inflation effects, but your college kid may be confused as to why his spending money seems to be less than before. Russ candors over different age group’s perspectives while offering ideas on how to better protect your buying power. Plus, the next time you log in to your retirement account, imagine the number at the bottom is quite a bit smaller than the one you’re seeing. Connect at HackmannWealth.com.
After decades spent working to build your nest egg, it’s a big leap-of-faith trusting someone to help you manage it. Russ talks about some of the “very important questions” you should ask before deciding on a financial advisor. Plus, the number of people who have a will is declining, but your need for an estate plan is not. Visit www.HackmannWealth.com.
Many remember Oct 19th, 1987, but between 1929 - 2020, there’s actually been 4 “Black Mondays” in American financial history. If predictions of a major market correction come true, will your retirement plan be ready? Plus, as more adults shoulder the burden of healthcare and financial support of aging parents, we’re reminded of the importance in having a proper long term care plan within our overall plan. Learn about planning for your future needs. Visit www.HackmannWealth.com.
The IRS is looking to monitor all checking accounts with a balance of at least $600. The goal is to detect those trying to hide income, and then tax that money. As Uncle Sam continues to look for any way to get every cent, Russ uses this example to emphasize the importance of a proper retirement tax strategy. And there may be a return of this ugly economic term from the 70’s. Worried about “stagflation” effects on your money? Visit www.HackmannWealth.com.
As we head into the year’s fourth quarter, we hope the markets keep holding up, but rising taxes may be a threat on your investments. Russ explains why this might be. Plus, few Americans plan to work well into their 60s. While retiring early is great for those who can pull it off, you need to avoid these potential pitfalls. Learn more at www.HackmannWealth.com.
Bill Gross, aka “The Bond King,” now says bonds are trash, but other strategists disagree. If even the so-called experts can’t agree, what are retirement investors supposed to think? Plus, why you may need to break up with your financial advisor as you approach retirement. Want to learn how to put your “dead money” to work? Visit www.HackmannWealth.com.
“Tax season,” for most of us means February – April. But there are, in fact, many things that can be done in the Fall regarding your tax planning. Russ shares ideas on what you can work on before the end of the year, in effort to reduce your future tax obligations. Visit www.HackmannWealth.com.
Long Term Care can cost $100,000 + a year. So, how can you plan to cover those costs? Russ weighs out some pros and cons between buying insurance or self-funding. Plus, these tweaks can make a noticeable difference in your taxes. Learn how you may be able to reduce future taxes, visit www.HackmannWealth.com.
The housing market is HOT! For people who were planning to downsize anyway, should they go ahead and list their home now? Or…what if you don’t want to move. Can you afford to keep your home through retirement? Russ talks building a plan from both sides of the spectrum. Do your home goals align with your retirement goals? Visit www.HackmannWealth.com.
Analysts are waving a warning flag, but if we are in a bubble what difference does that make for those who plan to tap into their nest eggs in the next five years? Also, the majority of baby boomers falsely assume that Medicare will pay for any long-term care needs. Worried about how you’ll pay for it? Visit www.HackmannWealth.com.
A third of us would give up carbs, sugar, and alcohol forever, in exchange for never having to manage our personal finances again! Russ explains why you don’t need to go to these extremes. Also, the 3 big ways we jeopardize our financial futures. Find a balance between budgeting and indulging, visit www.HackmannWealth.com.
Is the current rise in cost-of-living temporary, or is this our “new normal?” Russ explains how high inflation rates may affect your future buying power. Plus, why having a proper plan may be even more important than the actual amount of money you saved. Start building your retirement income plan at www.HackmannWealth.com.
Retirees admit that having guaranteed income has made a bigger difference than they thought it would. With pensions becoming scarce, and most 401(k) plans not offering annuity options, Russ explains ways to set up your own guaranteed income for retirement. Learn how to “DIY a Pension” at www.HackmannWealth.com.
A recent newspaper article seems to say that this whole retirement planning thing is a lot easier than we’ve been led to believe! Russ shares his ideas on ways to ease your planning “to do” list. Plus, how much should we worry about Social Security running out… it depends on your age. Get to work on your “One Page Retirement Income Plan,” by visiting www.HackmannWealth.com.
This baseball player has been retired for 20 years, and yet he still gets $1million paychecks from his old team every year. Russ talks about, not only how to create this kind of income plan for yourself, but why it’s critical that we all have a written plan for retirement. Get started on your plan. Visit www.HackmannWealth.com.
401(k) providers have started giving customers a chance to invest in Bitcoin. Russ shares his thoughts on including cryptocurrency in your retirement plan. Plus, how are you planning to pay for healthcare after you leave your job? Learn about your medical expense options at www.HackmannWealth.com.
Some experts are warning that investors may be underestimating the potential for high inflation. Russ explains why your plan needs to include a spike in rates. Plus, knowing when it’s time to take your chips off the table. Worried about market risk? Visit www.HackmannWealth.com.
Scientists say they’ve found the absolute limit to how long a person can live. It’s 150 years! Russ talks about why we all need to have an income plan that we can’t outlive. Plus, the recent inflation could mean more trouble than just our cost at the pump. Does your plan factor in inflation? Visit www.HackmannWealth.com.
40% of U.S. households will have less money than they need for retirement. Russ talks about ways to turn this around before reaching a point where it’s too late. If you’re worried about running out of money in retirement, visit www.HackmannWealth.com.
60% of us agree that taxes will go up, yet 57% admit they rarely think about how much taxes they’ll owe in retirement. What can you do now to avoid unnecessary retirement tax expenses? Visit www.HackmannWealth.com
President Biden’s programs could cost $700 billion more than originally thought, which might mean tax hikes for those who make less than $400k. Russ talks about ideas on how to protect yourself. Plus, besides stocks and bonds, the WSJ suggests a 3rd investment option for your retirement plan. Learn more about your investment options at www.HackmannWealth.com
A provision in Biden’s plan might eliminate the “stepped-up basis” upon death, and create big tax burdens for your heirs. Russ discusses what you should know about these potential situations. Also, a new study shows how all the worrying you do can lead to physical ailments. Manage your financial stress and get started on your retirement plan by visiting www.HackmannWealth.com
There’s something special about the decade of your 60s and your retirement planning. Russ talks about IRA opportunities you can take advantage of in this phase of life. Plus, one of the most confusing retirement planning tools could play a big role in alleviating one of your biggest retirement worries. Learn more about your retirement planning options by visiting www.HackmannWealth.com
Monthly bank fees can cost as much as $10,000 in lost savings over a lifetime. On this episode Russ talks about a couple he met who’ve lost $200,000 in fees on their retirement accounts, in just 5 years! Plus, in the wake of Bernie Madoff’s death, Russ recounts his own personal experience with Madoff to highlight the red flags you should look for when hiring an advisor. Wondering if you could benefit from a second opinion? Visit www.HackmannWealth.com
One expert says having a good tax strategy is even more important than having a good investing strategy. So, how can you “plan” your taxes? Plus, when it comes to generating retirement income, everyone has a different opinion about annuities. Russ explains how they might work in your plan, but what’s most important is the right balance.
Fewer than 1-in-5 retirees have enough income to maintain the same standard of living they had when they were working, but your retirement should be more than that! Russ talks about the importance of having a written income plan within your overall plan, while adding his thoughts on when to file for Social Security and ways to avoid passing a tax burden onto your loved ones.
President Biden is considering some major tax hikes to pay for all that stimulus spending. What would that mean for our retirement accounts, and should you be thinking about a Roth? Russ shares his opinions on your options. And more than half of Americans middle-aged and older, are confused about the difference between pre- and post-retirement investing. If you’re looking for clarity on your retirement investments visit www.HackmannWealth.com.
96% of Americans agree that Social Security is one of the most important programs we have. Meanwhile, one expert points out that it’s basically just a type of annuity. Russ works to clarify the reasoning. Plus, will you still need life insurance after you retire?
If most of your retirement savings are in tax-deferred accounts, it might create a big tax problem for you when you start using that money in retirement. Is there anything you can do about it now? Russ talks about potential options. Also, most of us complain about how much we’re paying for our monthly TV service, yet we rarely question the fees we’re paying for our retirement accounts…and you definitely should.
2 subjects that invoke extreme, but also a wide range of reactions in the financial world: crypto-currencies and annuities. Despite your own opinions, does either make sense as an investment for your retirement? Russ weighs in on these controversial areas and talks about which of the two in which he’s willing to invest his own money.
After working a lifetime to save, when you finally get to retirement have you figured out what to do next with your money? Russ talks about converting your retirement accounts into retirement income. Also, what age would you say you were the happiest? There’s good news about your future happiness levels!
There are notable signs that the market is headed for a correction. Russ reiterates the notion that we never know what will cause the next big market downturn, and the importance of having a flexible plan to help you weather those storms.
There has been a lot of discussion about President Biden’s proposed tax hikes and who they would affect. Biden says his increases would apply only to “the rich.” But some say, if you think that’s true, you might have to think again. Russ talks about ways to start thinking “bigger picture,” when it comes to a tax strategy.
There’s a growing list of people who are expecting some kind of tax hike this year. Some say to use Roth conversions to help protect your savings. Russ talks about the benefits of a Roth and other strategies that might help reduce our tax liabilities.
There are predictions that the stock market will end higher in 2021 than it did in 2020. Russ talks about risks of putting all your eggs into the “market basket.” Plus, one expert says we can control our tax rates in retirement.
One of the unfortunate things about this crazy year is that a lot of people earned less money, because of factors related to the pandemic, but Russ explains how you can take those losses and turn them into opportunities.
We’re all wondering what 2021 might have in store for us, financially. Russ explains why many are optimistic. Plus, how much you’re actually saving to your 401k, versus how much you should be saving.
The end of the year is usually when people start thinking about a tax strategy, but it’ll be January before we know whether the Senate will be controlled by Democrats or Republicans. Russ offers thoughts on if you should you wait, or if there are strategies to consider. Plus, why some experts are saying that a full economic recovery won’t come until we start spending some money.
Many of us are losing sleep over these common retirement questions. Russ offers potential solutions plus, insight on what you should know about creating guaranteed income.
As we approach the end of the year, there’s still some political uncertainty. In times like these, what should be at the top of your financial “to do” list? Is a Roth conversion the answer? Russ talks about what you can do now to manage tax liabilities for the years ahead.
What you need to work on before Jan 1st. Russ shares ideas on how to get started. Plus, what could happen to your finances in just 2 decades, and how can you work to protect yourself.
Some experts say your money will probably need to last a lot longer than you think. Russ talks about the reasoning. Plus, ideas on how, and why, to maneuver yourself into the lowest tax bracket possible, every year of retirement.
There are reports of an “uptick” in the number of people wanting to create their estate plan before January because of rules Joe Biden may push Congress to change. Russ talks about if it makes a difference whether we estate plan now or later plus, the different options to cover the costs of long term care.
In 1987 the Dow lost over 22% value in one day. What would it mean for someone who’s nearing retirement age if a crash like that happened today? Russ talks about the potential implications. Plus, as the “middle-class millionaire” population grows, what needs to change about our financial planning and are “Robo-Advisors” good for Baby Boomers?
When planning out your retirement, these areas can potentially ruin your financial future. Russ lists them out so that you can be wary of them creeping into your plan.
The idea of “guaranteed” pension payments is what you want, but what if the company has financial problems in the future. Russ talks about potential options, plus how much money to keep in the market as you get closer to leaving the workforce.
As state governments scramble to balance their budgets, some plan to do it by raising taxes. Russ explains ways you can use a Roth account, to help lower the taxes you’ll have to pay in retirement… in some cases, all the way down to zero.
One of the best ways to give your grandkids a financial head start is to fund an investment account the day they’re born. Russ explains how you can set this up. Plus, economists say THIS is one of the most under-utilized tools among retirement planners.
After recovering from the March dip, some experts warn that Fall is a much slower time of year for the markets. Russ talks about if we should perhaps take a break from the market. Plus, how you can use the pandemic in your favor to check the strength of your money.
So many of us in the working world have a 401k, but some say one of its biggest advantages might be going away. Russ explains what’s causing this and ways you can work to prepare yourself financially.
Russ talks about how we’ve been taught to build, and rely on, our 401k…perhaps too much.
Russ explains how, in some cases, you can create a tax rate of 0% in your retirement years.
Studies show that age discrimination increases with the unemployment rate. Russ explains the importance of building a financial plan that gives you the option of retiring when YOU want to.
Since 2nd quarter earnings reports are dismal, should you just “blow off” the next 6 months and not look at your accounts until things improve? Russ talks about the realities of "investor-life," plus when thinking about your nest egg there’s a better number to focus on rather than just one big sum goal.
As new unemployment numbers are released, the GDP shrinks by a record percentage number. Russ talks to Melissa on WICC 600 about what this means for the overall economy.
If stimulus money is what saved us before, can it work again? Russ talks about the historical differences between the 2008 economic crisis and today. Plus, he offers a simple math example on how you could potentially get your Social Security tax rates to zero.
Unemployment is up again, yet the market continues to seem unphased. Russ talks with Melissa on WICC 600 about the effects of COVID-19 on the food services and travel industries, and how big tech stocks could be what’s making the market appear healthy.
One thing we’re all wondering is how the results of the upcoming elections might affect our portfolio. Russ talks about why your plan’s performance should not be dependent on the results plus, the importance of your spouse being part of the retirement planning conversation.
With the today’s (07/16/20) release of the latest unemployment numbers trending back up, Russ talks about what that means on the overall economy and why his financial advice on how to manage this (and any) turbulence remains. as always, the same.
In this episode Russ talks about a few things not to do when planning for your retirement, how inflation could ruin your dream of one day owning that fancy sports car, and why one well-known personal finance professional is now saying that, putting money into a traditional 401(k), is “crazy!”
As unemployment numbers continue to trend down, Russ talks with Melissa on WICC about how people are finding creative ways to earn money and how tech companies continue to drive market numbers.
Much of the recent market upturn has been driven by big tech companies, like Facebook and Google, who make most of their money in advertising. Russ talks about how digital advertisers, ending their online ad campaigns, could negatively affect the market and therefore your bottom line.
A recent study says 75% of workers are lacking this essential item for retirement. Russ talks about ways you can better prepare, plus ideas on how to reduce your social security tax rate, for some, all the way down to zero.
Russ talks to Melissa on WICC 600 about how, as businesses begin re-opening around the country, we may be risking our own economic well-being by not practicing proper healthy behaviors.
The $4 Trillion that the government has spent this year alone, is generating questions about what you can do now to manage taxes you may have to pay in your retirement years. Russ talks about the importance making a tax management plan plus, gives an update on the latest unemployment numbers and the different perspectives on re-openings around the country.
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.
As unemployment numbers continue to rise, why is the stock market doing seemingly well? Russ talks to Tony and Melissa on WICC 600, about what he’s seeing in recent job reports, the possible reason why the market isn’t reflecting unemployment numbers, and how you can help by shopping local!
Russ shares some optimistic thoughts for those who’d planned to retire soon. Plus, there’s been a rash of employee buyout offers, but should you take it if you’re offered one? And how you should think about risk and the “new school” way of retirement planning.
“Liking” them, is not what you should look for in an advisor... Russ offers ideas on questions you should ask and areas where they should be transparent, when seeing financial advice. Plus, if your employer is eliminating its 401k match, should you cut back on the amount you’re contributing?
This week we saw oil prices go negative for the first time ever… Russ talks to Tony and Melissa, on WICC 600, about how this was possible and offers opinions on what movements we may see in the markets.
It’s the 50th of one of the most famous quotes in history… Like the Apollo 13 crew it’s important to remain calm in this current crisis, but also to take action! Russ talks about opportunities available to you now to potentially lower your future taxes, reduce investment risk and uncovering hidden fees in your accounts.
The stock market seems to be improving and yet economists are predicting what might be the worst economic period since the Great Depression. With jobless claims continuing to grow and news changing daily on what to expect, Russ talks to Tony and Melissa, on WICC 600, about ways to manage your investor anxiety now and in the future.
The RMD waiver in the new stimulus law may have created new tax opportunities for you... And what is the appropriate amount of risk for your 401(k) and other retirement accounts? Russ explains what soon to be and current retirees need to know.
The market has had a strong week in reaction to the recent optimistic news regarding containment of the Corona Virus spread. Russ talks to Tony and Melissa, on WICC 600, about what restrictions we should still expect, and his thoughts on the timelines for the restoration of various industries.
The markets are up this week but is that creating false hope over the economy's health? Russ talks to Tony and Melissa, on WICC 600, about the latest unemployment numbers and how bad it could still get.