The Financial Lab: Recent Episodes
David Shepherd and Travis Shepherd
David and Travis Shepherd are a father and son financial team that have a passion and talent for taking complicated financial issues and breaking them down into real life language. They’ve helped thousands of people in Louisiana reach a better understanding of the economic issues they face in and near retirement and provide real-world solutions.
We’ve talked before about the 60/40 portfolio (60% stock, 40% bonds) and how horrible it performed last year. Both stocks and bonds took a big hit. Hear if David and Travis agree and if their is another portfolio allocation they prefer.
Protect, grow, and Reduce Taxes on your Wealth!
There’s a major tax event coming in 2026. And that’s the expiration of the so-called ‘Trump tax cuts’ (the Tax Cuts and Jobs Act passed in 2017). What do people need to understand about this when it comes to tax planning and what should they consider for the next few years?
Want to talk about risk? Risk is also a part of retirement planning. But, how can you be a part of the "risk" and also protect and grow your money? David and Travis explain in todays episode!
A new poll (by Retirable) shows many Americans are hoping for the best when it comes to having enough money for retirement. It found 64% of retirees do not feel like they’ve saved enough to get them through, and more than half expect to take on a part-time job to make ends meet. David and Travis discuss their planning process to eliminate the fear of running out of money in retirement.
Call David and Travis today for your custom Financial Lab. This lab is designed to show you how you can protect and grow your income giving you a stress free retirement!
Did you know that if you go to a casino, you can get a sheet listing the odds of winning for each game? So, when it comes to assessing the probabilities of achieving retirement goals, what tools do you have at your disposal?
Then, baseball Hall of Famer Ken Griffey, Junior hasn’t suited up for the Cincinnati Reds since 2008. Yet in 2023, he’s the third-highest paid player on the Reds payroll. Why? Because Griffey elected to defer his salary and will make more than three and a half million dollars this year! In retirement, isn’t an annuity a good way to defer income?
Find out if an annuity is a fit for YOU and YOUR custom income plan for retirement - call today for your custom Financial Lab!
Do you have an income plan as part of your retirement picture? Financial advisor Angela Sloan tells TD Ameritrade not to confuse it with the stock market. David and Travis explain the importance of creating the different streams of income and how annuities can be a vital part of your success in retirement!
Call David and Travis today for your customize Financial Lab designing your financial plan!
Did you know that the order in which you eat your food might impact your health? While we consume that thought, this reminds me of something we’ve talked about before – withdrawals from a retirement plan. Is there a certain order of funds that you recommend they pull money from?
Call Shepherd Wealth Solutions today and create your custom income plan with the Financial Lab!
The cost of Long-Term Care can be $10,000 a month or more. No wonder so many say it’s one of the huge “gotcha” expenses in retirement. And now, a dozen states are considering implementing a mandatory tax on people who don’t carry long-term care insurance. Is buying this the best answer to covering those costs?
Call today for your Financial Lab!
You will likely enter retirement having saved in a number of different places. An article in Smart Asset says if you want to be smart with taxes you should pull the money out in this order: Tax-deferred accounts (IRAs and 401ks), then taxable accounts, then Roth accounts. David and Travis explain how they take this approach and help YOU be tax efficient in retirement!
Call today for your Complimentary Tax Lab!
Are we already in a recession? The CEO of BlackRock Financial says “no,” but it’s just a matter of time. Larry Fink tells Fox Business that he bases his prediction on the housing market starting to collapse, car sales falling and more people borrowing from their retirement plans. What do you think? Hear David and Travis talk about the benefits you could have after putting together a customized Financial Lab so you are prepared for a recession, high inflation, tax changes and more!
Call today for your customized Financial Lab!
The guy who invented the concept of the “4% percent” rule thinks it’s too early to cut the withdrawal rate to 3% because of today’s volatile markets. Bill Bengen feels it would take a “catastrophic” set of circumstances before people reduce their withdrawal rate. David and Travis share their message about how much to take from retirement accounts during this economy, and how to protect and grow your money the right way!
Call today for your customized Financial Lab!
President Biden says the economy is "strong as hell" and inflation is worldwide and we have it better in the USA then the rest of the world. Inflation is very much still top of mind for many, and of course we have seen ALOT of market volatility, hear how Travis and Shepherd Wealth Solutions helps people preserve, protect and grow their income in retirement!
Call Shepherd Wealth Solutions for your Financial Lab!
How diversified should a portfolio be in these volatile times? One study found that most believe it takes only 30 holdings to be diversified. But one chief investment officer recently said it should be more like 200 stocks! So, what’s a diversified portfolio look like to you and your clients?
While many Hollywood stars are richer than most of us, there’s one way they’re the same – they have mortgages. Theirs is just much bigger. For example, even though Beyonce and her husband Jay Z are worth $1.8 billion, they still took out a $53 million loan for their Bel Air mansion. That’s a monthly payment of $227 grand! Now, some approaching retirement may want to pay off their mortgage beforehand. When is that a smart thing to do?
What are the chances we could fall into recession in the next year? Economists with Bloomberg say it’s 100% certain. And it might hit sooner than later. Hear how David and Travis can help you survive and thrive in an uncertain economy!
Even the rich can get bad advice. Listen to what happened to media mogul Tyler Perry when his accountants steered him through an IRS audit that proved a HUGE mistake. What would you do with a financial advisor if they made a serious mistake in someone’s retirement plan?
We’ve talked before about the tax advantages of converting your 401(k) money over to a Roth. One article says those best suited for a conversion are:
- Retired.
- Years away from the RMD age of 72.
- Married couples with a large age gap.
- Those not yet taking Social Security.
Why are these factors an advantage?
Actor/Comedian Bill Murray joins the show and says being a famous Hollywood celebrity says saving for retirement is only half of the equation. The other half is deciding how you want to spend your time. David and Travis describe their process when working with people just like you get to and through retirement while checking off items on your bucket list!
Fidelity says the number of people who have 1 million dollars in their 401(k) accounts is down almost 30%. People who have a million dollars are probably close to retirement, so this brings up the topic of risk management. David and Travis explain how they help their clients “de-risk” their 401(k) so they aren’t just going up and down with the stock market.
Plus, Americans are trying to stretch their dollars amid high inflation, but they might be overlooking money they already have – gift cards! Check your wallets! A new survey (by CreditCards.com) found the average person has $175 in unused gift cards. And if you don’t remember to cash them in, you’re leaving money on the table. When it comes to retirement planning, what are some of the ways to prevent leaving money on the table?
Call David and Travis today for your Financial Lab!
The stock market is trying to continue its rally. And prices – especially gas – have been coming down. But economist Nancy Lazar tells Fox Business that we’re not out of the woods yet, she believes future interest rate hikes by the Fed to fight inflation will push us that way. Hear David and Travis explain how their Financial Lab can help you develop a plan that can help both protect and grow your income - recession or not!
The stock market is trying to continue its rally. And prices – especially gas – have been coming down. But economist Nancy Lazar tells Fox Business that we’re not out of the woods yet, she believes future interest rate hikes by the Fed to fight inflation will push us that way. Hear David and Travis explain how their Financial Lab can help you develop a plan that can help both protect and grow your income - recession or not!
What’s your personal financial fear? Maybe you can relate to comedian Kevin Hart! He says his fear is his credit card being declined in public! Credit cards and runaway debt are one thing, but one survey (by Zety) says by far, the number one fear Americans have about retirement is running out of money. David and Travis explain how using their Financial Lab to create a sturdy income plan, protected from the market, inflation and giving you INCOME FOR LIFE!
Call today for your customized Financial Lab!
What’s your personal financial fear? Maybe you can relate to comedian Kevin Hart! He says his fear is his credit card being declined in public! Credit cards and runaway debt are one thing, but one survey (by Zety) says by far, the number one fear Americans have about retirement is running out of money. David and Travis explain how using their Financial Lab to create a sturdy income plan, protected from the market, inflation and giving you INCOME FOR LIFE!
Call today for your customized Financial Lab!
You’ve heard the saying, “the devils in the details” and that certainly applies to a financial plan before you retire. Hear how David and Travis can help you with this budgeting process, so it doesn’t become overwhelming with a customized Financial Lab.
Then, former Vice President Mike Pence joins the show and shared his philosophy on life after leaving the workforce, listen to see if you agree!
Call today for your customized Financial Lab!
Inflation is up, the Fed is getting aggressive with interest rate hikes and the stock market is showing more volatility. David and Travis give some examples of how they can help you protect your capital, and take advantage of opportunities during this inflation and volatility atmosphere.
Get a customized Financial Lab today!
We’re in a bear market because it’s down over 20%. But how long will it last? An article in the Wall Street Journal contends that despite the best attempts at predictions, nobody knows when or how it will end. So, the best thing to do is stop trying to predict the unpredictable and work on controlling the controllable. David and Travis share what you CAN control during these volatile times.
Call today for your customized Financial Lab!
The biggest fear of planning retirement is running out of money. Good news is, David and Travis have financial tools and strategies that give you income for life!
Call today for your Financial Lab!
We’ve talked before about retirement planning myths, so let’s shift gears a little – what are some of the popular misconceptions about estate planning?
We often talk about “bucket lists” in retirement – usually fun things we want to ‘check off’ once we leave the workforce. But have you heard about an “anti-bucket list?” It includes things a person never wants to experience or doesn’t want to repeat. Some examples:
- Go through a divorce.
- Wait until the right time to travel.
- Spending time in constant worry.
So, let’s apply this to retirement planning. What are some of things that should be on that anti-bucket list?
Create your bucket list AND your Financial Lab today!
Should you delay a divorce to increase your Social Security check? David and Travis share their SS claiming strategies and more!
Call today for your Financial Lab!
Since 2016, retirement plan sponsors have not been allowed to include annuities as a component of a 401(k). But a new bill in Congress would change that. The Lifetime Income for Employees Act would pave the way to make annuities a default investment for as much as 50% of plan balances. Is this a good idea for those who didn’t necessarily make their own investment selections? David and Travis tackle this topic and how you can get ahead of inflation!
David and Travis weigh in on the seven financial spring-cleaning tips to tidy up money matters and more!
Plus, Travis talks about tax information for small business ERC credit that changed in Nov of 2021!
Call David and Travis today for a Portfolio Review!
What do Jason Aldean and Shepherds Wealth Solutions have in common? Then, taxes are still relatively low, but that can change at any time. An article in U.S. News & World Report says that makes this an opportune time to consider converting a traditional individual retirement account into a Roth IRA. But this might not be right for everyone. The guys explain what instances could make this a good move or maybe not!
Call today for your Financial Lab!
Inflation is giving way to something called “shrinkflation.” Companies are trying to fight higher prices by cutting corners with their products. For instance, Doritos bags will now contain five fewer chips. Crest is putting less toothpaste in its tubes. And Charmin is cutting 20 sheets from its two-ply rolls of toilet paper. David and Travis discuss how they can help you prepare for inflation while not running out of money!
Call David and Travis today for your Financial Lab!
In 1994,the 4% rule was created. The idea was with a 50/50 mix of stocks and bonds, you could pull 4% out to live on and not run out of money over a 30-year retirement. You can still find that rule on the internet today. But does it take into account today’s huge inflation rate, or should we just throw out the concept altogether? David and Travis weigh in on the 4% rule and their planning process!
Call today for your Complimentary Financial Lab!
David and Travis discuss ways you can "spring clean" your finances! Then, what can bring you to tears as an adult? TAXES! Hear David and Travis discuss their approach to tidying up your finances and keeping as much money in your pocket instead of in Uncle Sam's wallet both now and in retirement!
Call today for your Complimentary Tax Lab!
Have you ever argued over the thermostat – lost that fight – and then secretly changed it to the temperature you wanted anyway? Sixty percent of people in a new poll said they’ve done that before. And more than half said being comfortable is more important to them than saving money, even if it means ignoring the wishes of others. Are you the one that wants to be comfortable or save more money? David and Travis discuss a Business Insider article about the four common money tips financial planners always tell their clients to ignore.
Even though Congress stripped the parts of President Biden’s “Build Back Better” bill that dealt with retirement plans, lawmakers are working on another piece of legislation. “Securing A Strong Retirement Act” is designed to encourage and simplify retirement savings. It would make some major shifts impacting workers with longer life expectancies. Hear David and Travis discuss six ways this law would change the rules for retirement accounts and how they can help you stay ahead of any potential changes.
We all know that 401(k)’s are among the most popular retirement accounts. But a survey by TDAmeritrade found that only 27% know how much they’re paying in fees. The smaller the plan, the larger the fees, which can exceed 2%. That can cost you tens of thousands of dollars over time. Hear how Steve helps people just like you mitigate fees, and understand the insides and outs of your 401(k).
Extreme volatility in the stock market lately could mean a major selloff is just around the corner. That’s according to Morgan Creek Capital Management CEO Mark Yusko. Hear David and Travis discuss how they can help you combat both inflation and volatility in retirement, and how their Financial Lab can show you the numbers in real time!
The so-called “4% Rule” for annual retirement withdrawals has been around since the mid-1990s. But Morningstar’s Christine Benz believes that number has been misunderstood. With inflation rearing its ugly head, Benz now feels the safe withdrawal rate should be 3.3%. Should retirees who are taking out more panic? How do you help them come up with the ideal number?
Travis talks about getting calls from listeners about "Have I saved enough money" and how he and David help clients just like you with these concerns.
The Federal Reserve will begin dialing back the extraordinary economic aid it's provided since the pandemic erupted last year. It’s a response to high inflation that now looks likely to persist longer than it did just a few months ago. When it comes to retirement plans, what’s the smart play at this point?
I read a story in Market Watch about a guy who worked at a bank for 38 years. He helped people with their investments. His wife is even a financial advisor. Yet the name of the article is “I failed at retirement: how to avoid my mistakes.” How can David and Travis help you avoid these mistakes?
Just two years after leading LSU to a national college football title, head coach Ed Orgeron will leave his job at the end of the season. The SEC school wants the program to go in a different direction. But don’t feel sorry for “Coach O.” He’s getting a $17 million buyout that will be paid in 18 installments. So what’s next? What are the savings options if a client’s employer offers a buyout over time? How can you calculate if it’s enough to retire now?
You've seen it at the gas pump, in the grocery store and even in some household bills - INFLATION! If you are currently retired, how can you keep up with these increased prices? Hear David and Travis explain how their Financial Lab can help design a customized plan to keep up with inflation and the unexpected cost of retirement.
Republicans and Democrats have been going back-and-forth over President Biden’s so-called “Build Back Better” plan … a $3-and-a-half trillion “wish list” of social spending programs. But as economist Brian Wesbury points out to Fox Business, Uncle Sam doesn’t have a very good track record when it comes to spending our tax dollars wisely. Okay, I’m sure we could talk all day about how “greedy” the government is. But what we’re really concerned about is how we can protect our life savings from that greedy government. Where do we start?
How long has it been since you took a good, hard, look at the investments in your retirement account? Morningstar’s Christine Benz says you should do that at least once a year. What you’re looking for is gains or losses that change your allocation percentages. Hear David and Travis explain the importance of rebalancing your retirement account (s) and how their approach to retirement planning can help YOU retire with confidence!
Dartmouth College professor David Blanchflower points to two major indices of consumer confidence that have dropped more or just as much as they did ahead of the 2008 crash. He believes that the U.S. will firmly be in a recession at the end of this year. That’s scary. What steps should be taken to safeguard the savings for those who are nearing or have just entered retirement?, Has the pandemic changed your retirement date? Asset Manager Penny Pennington spoke to Yahoo Finance and said for many, it has. Have many of your clients moved their retirement dates up? What goes into that kind of planning?
President Biden is pushing trillions of dollars in new spending … and his supporters in Congress are considering several different tax hikes to pay for it all. One of them is a so-called “death tax” … that’s a tax that your family has to pay whenever they inherit something from you. Are we going to need to do some strategizing to protect our family assets from Uncle Sam?
In March of last year as the Covid scare was beginning, not long after that, President Trump shut down the economy and we had a 34% market decline. Fast forward to today – “Rich Dad, Poor Dad” author Robert Kiyosaki is calling for the biggest crash the world has even seen. He put this up on a web site that sells gold. Are we positioned for the “mother of all pull backs”? Could these voices bring on the beginnings of a market slide, or are they only trying to benefit their positions?
There are also lots of potential tax changes on the horizon … with President Biden saying he wants to raise taxes on “the wealthy.” But it seems like these types of changes could end up affecting all of us - how do we get in front of these possible changes … is there anything we can do?
There’s something that academic economists call the “annuity puzzle.” It refers to why some people are reluctant to consider using an annuity as part of their overall retirement strategy. Forbes magazine says it may be because people assume that “annuitizing” their money means there won’t be anything left over to leave to their loved ones. Is that true – is it an “either/or” choice, or could you possibly do both?
Required Minimum Distributions are back this year. If you’re subject to them, you might want to start thinking about that. But even if you’re not there yet, Morningstar’s Christine Benz says it might pay to start considering your options. David and Travis discuss their approach to RMD's using strategies to help reduce their tax obligations.
September has historically been a weak month for the stock market, and this year was no different. We’ve seen a little more volatility, over the past few weeks. So, should we be concerned?
The Senior Citizens League says if you’d retired in the year 2000 with a total income of $100,000, you’d now need $156,000 to be able to afford the same standard of living. That’s thanks to inflation, which – by the way – has been rising much faster than usual lately. We’d like to think that we’ll be able to replace our current income in retirement, but it appears we’re losing ground. What’s the answer?
How often do you check your retirement account? If it’s been a while, IRA expert Ed Slott says you might be surprised at how much it’s grown! some big tax changes coming out way, so what can we do about this “big bag of tax” … do we have any options?
Travis discusses the first steps to recovering from Ida - starting with filing a claim with your insurance, contacting FEMA and more. Hear Travis give a step-by-step account to getting back on your feet.
Contact Travis and David Shepherd today at 225-465-1065 for more info!
President Biden wants to hire more people at the IRS with 80 million and he says it is a investment and the guys talk about how they can help people invest more into keeping our money if government wants to invest more into taking our retirement money!
Transamerica has agreed to a $5 million court settlement … for not giving its employees enough investment choices in their retirement plan. Isn’t that one of the benefits of doing a rollover – because it gives you more options for what to do with your retirement assets?
The most common retirement fear is running out of money. So, the Go-Banking-Rates website came up with a list of some of the causes of that. David and Travis go down and list and discuss a few of these mistakes that could cost you BIG TIME and how they can help you avoid them.
RMDs – or required minimum distributions – are back for 2021. Best-selling retirement author Patrick Kelly says many retirees are surprised to learn that they’ll have to withdraw this money from their accounts, whether they want to or not! For those listeners who don’t need that money right now, what are some “tax friendly” options for what they might want to do with it when they take those RMDs?
Now that President Biden is trying to raise the inheritance tax, CNBC says some people are considering life insurance as an estate planning tool. Is that really an option?
Bitcoin and other cryptocurrencies are all over the news, with some people bragging about making huge profits in a very short period of time. But Morningstar’s Dan Kemp says you’ll want to think twice before investing any of your retirement assets in crypto - hear David and Travis weigh in on what they're telling clients about this!
Market Watch had an interesting take on tax planning: They said you shouldn’t change your financial behavior just to avoid taxes. A good tax planning strategy is one that allows you to keep doing what you want to do … while reducing your tax liabilities, in the process. David and Travis discuss their approach to dealing with the tax issue as we plan for retirement?
You may have seen that Census Bureau story about Texas and Florida being the fastest-growing states, population-wise. Coincidentally, both of those are considered to be low-tax states. Jimmy Patronis, who is CFO of the state of Florida, tells Fox Business that’s a big attraction for people who are tired of paying high taxes… but what if I’m happy right here? Do I really have to move, just to lower my tax bills in retirement?
What if your boss told you that – from now on – you were going to be paid in Bitcoin, instead of dollars. Would you be okay with that? Well, NFL star Sean Culkin wanted to be paid in Bitcoin, but the Kansas City Chiefs said “no.” So, he’s decided to take his $920,000 salary … and convert it to Bitcoin. Culkin tells the “Coin-Desk” website that he’s not worried about the cryptocurrency’s wild price swings. David and Travis explain what they would say to a client who told you that he-or-she was thinking of converting their nest egg to Bitcoin. Plus, what's there advice to those wanting to put all their money in one basket?
Anytime you try something new, you’re bound to make a few mistakes. We call them “rookie” mistakes. And The Motley Fool says one very common rookie mistake is to retire before you’ve figured out how you’re going to replace your income. David and Travis explain how they can help establishing that stream of retirement income that’s going to take the place of our old workplace income.
When it comes to taxes, do you think you’re over-paying – or do you take full advantage of the tax laws that might work to your advantage? Ed Slott, author of “The New Retirement Savings Time Bomb,” tells The Motley Fool that having a good tax strategy is even more important than having a good investing strategy. So, how does that work … how do I “plan” my taxes?
President Biden wants to raise taxes on businesses and high-income earners. But economist Diana Furchtgott-Roth tells the “Cheddar” financial site that the timing of this is questionable. Of course, Biden insists the tax hike would apply to only a small segment of people. Travis and David explain both scenarios (true or false) and explain how this will impact your future income, and ways to protect your income.
Many of us have spent 30 years achieving great things in our career and then we get towards retirement and we have that DIY mentality and think “I can do this on my own, right?" Hear David and Travis discuss why the DIY mentality is a NO GO when planning for retirement!
Jessica wants to know from the guys how important is it now to be proactive with our finances and also talk about hybrid insurance options that can protect you either way
A new survey asked people what amount of money would make them feel confident to retire - 73% said $1 mil, 25% said there is no number that would make me feel good about it! Hear how David and Travis can create a customized income plan that will give you confidence to get to and through retirement!
A report based on studies by the RAND Corporation concludes that a typical 67-year-old woman today is as healthy as her mother was at the age of 60. In other words, we’re living longer because we’re healthier! That’s great news … if we have the money to actually enjoy those extra years. That’s where David and Travis come in – how can we stretch our savings to last us through what will likely be a longer retirement?
David and Travis discuss a new proposal from The Center for Retirement Research suggest wanting 401(k) plan administrators to start automatically sending out monthly payments to retirees in their 60s in the hope that would encourage those people to delay claiming Social Security.
When you think of life insurance, you think of it as protection for your family if something should happen to you, right? Get this - financial magazine Barron’s says there are ways to use a whole life policy to bolster your retirement portfolio. Hear David and Travis explain this strategy and find out if it could be a fit for you!
Kiplinger says one of the reasons people buy annuities is that they help take away some of the worry about affording retirement. David and Travis discuss the pro's and cons of annuities and if this could be a fit for YOU.
As 2020 starts to come to a close, what end-of-year planning should you be doing NOW?
Then, it was one of the most talked about topics during the 2020 election - TAXES. What can we do now to prepare for big tax changes headed our way in 2021?
Christmas has come and gone and we are just days away from ringing in 2021!
Hear why one couple said Covid was one of the best things that happened to them in 2020. What is your plan for retirement, how will you fill the day? Travis and David share incredible client stories that will have you laughing with envy!
There are some big tax changes coming our way - are you prepared ? Find out how the Financial Lab can help YOU!
Do people ever describe you as a “creative” type? Unfortunately, researchers at Texas Tech University say that means you’re likely to go through your retirement savings more quickly than someone who’s not creative. On the other hand, people who are “conscientious” supposedly spend down their nest egg at a much slower rate. Who knows – maybe personality traits can tell us something about our financial future – or maybe it’s just another silly study? David and Travis discuss how they help their client, creative or not to NEVER run out of money!
Caught up with the father/son team David and Travis and got the behind the scenes story of David's latest injury. A lot of people – especially guys – hate going to the doctor. And because of that, they ignore warning signs that something might be wrong. That happened earlier this year with personal finance author Suze Orman. Hear her thoughts on managing your health and your wealth after she had been ignoring what turned out to be a tumor on her spine!
Are there any retirement-related issues that you see people neglect, over time?
After checking in on the progress of the Shepherd family Christmas shopping, we discuss a financial topic that irritates everyone: Fees! -Yes. There’s a cost of doing business, but most of us try to find the best value for our dollars. David & Travis explain why it shouldn’t be any different with your investments, and how they helped a family (one they’ve worked with for 3 generations) discover some excessive fees they were unknowingly paying elsewhere. Listen to find out what you need to watch out for when it comes to the fees inside your retirement portfolio!
The election was so polarizing that you likely didn’t hear about the new legislation proposed in Congress and how it could impact your portfolio. That’s why on this episode, David and Travis simplify the “Securing a Strong Retirement Act of 2020” and how it could affect your portfolio and RMD (required minimum distribution) plan. Spoiler Alert: It’s positive news for many retirees! Plus, they share a heartwarming story about how they helped a window keep her husband’s legacy alive… while being tax efficient.
We’re all waiting to see who will be elected November 3rd. Donald Trump and Joe Biden have made it clear that they have drastically different ideas about taxes, and those differences could affect our individual bottom line. But how will wall street react to the election results? Should we be nervous about what the market will do over the coming weeks? Listen as Travis spotlights the facts we should focus on instead of the politics and hype, and what to focus on financially as we wrap up the most bizarre year of our lives.
After hearing how Country Music’s funny man Brad Paisley approaches the future with his family, David and Travis tell two real life stories that confirm why your portfolio isn’t just about money. It needs to be diversified in a way that allows you to have quality time and experiences with your family. Listen to find out how giving your money purpose can help you focus on the RIGHT goals, and ultimately craft an income and spending plan for your retirement to meet those goals.
October 19th, 1987 is known as Black Monday because that’s the day the Dow lost over one-fifth of its total value, the largest single-day decline in trading history. That plunge was not broken until the recent pandemic-driven selloffs in March. David and Travis spotlight what we’ve hopefully learned since then, and what to consider with your own portfolio, even when it comes to taxes.
Almost every aspect of 2020 has been abnormal, including politics! We all have our own opinions about how we’d like to see things play out November 3rd… But most of us feel a little anxiety about how the results may impact taxes, wall street and our day to day lives on main street. While David takes care of some recent hurricane damage to the family home, Travis breaks down how they’re helping clients make decisions about their portfolio during this crazy time. Plus, what you need to consider for YOUR financial future and what you can control… besides your vote!