Are You Ready For The Next Recession?
09/26/23 • 19 min
What are you going to do next time the market enters a recession? Are you prepared? Do you have a plan?
Most investors are reactive to turbulence in the market. They act out of emotion and fear, which is human nature, but if they had a plan in place BEFORE the market volatility came, they wouldn't have to panic.
Listen in as I share why you have to:
- Have a plan before the market volatility begins
- Expect poor market and economic conditions
And how how you can change your outlook on retirement so you don't have to live in worry.
Want help with your retirement plan?👇🏼
☎️ Book a call with me: https://calendly.com/jacobduke/intro
✉️ Email me: [email protected]
Submit your question here: [email protected]
YouTube: https://www.youtube.com/@retirementanswers
#retirement #howmuchtoretire #retirementplanning #rothira #rothconversion #investing #401k #socialsecurity
What are you going to do next time the market enters a recession? Are you prepared? Do you have a plan?
Most investors are reactive to turbulence in the market. They act out of emotion and fear, which is human nature, but if they had a plan in place BEFORE the market volatility came, they wouldn't have to panic.
Listen in as I share why you have to:
- Have a plan before the market volatility begins
- Expect poor market and economic conditions
And how how you can change your outlook on retirement so you don't have to live in worry.
Want help with your retirement plan?👇🏼
☎️ Book a call with me: https://calendly.com/jacobduke/intro
✉️ Email me: [email protected]
Submit your question here: [email protected]
YouTube: https://www.youtube.com/@retirementanswers
#retirement #howmuchtoretire #retirementplanning #rothira #rothconversion #investing #401k #socialsecurity
Previous Episode
How to Pay 0% Capital Gains Tax
Tax planning in retirement is a crucial piece in a successful retirement plan. We often think about Roth conversions and tax-loss harvesting as the primary ways to lower your tax bill in your retirement years.
But many forget about an opportunity right in front of them... Tax-gain harvesting!
This is when you can use the long-term capital gains tax rates to your advantage by intentionally realizing gains when your income is low. By doing this you can achieve a 0% capital gains rate on your investment gains!
Want help with your retirement plan?👇🏼
☎️ Book a call with me: https://calendly.com/jacobduke/intro
✉️ Email me: [email protected]
Submit your question here: [email protected]
YouTube: https://www.youtube.com/@retirementanswers
#retirement #howmuchtoretire #retirementplanning #rothira #rothconversion #investing #401k #socialsecurity
Next Episode
When Should I Take Social Security? 6 Things to Consider
Deciding when to take your Social Security benefits is a common question for most retirees. This decision can cause stress because there is never a perfect answer.
If you knew how long you were going to live, it would make this really easy, but that just isn't reality. So, making the most educated decision based on your specific situation is all you can do.
In this episode of Retirement Answers, I cover the following:
- The basics of how your Social Security benefits are calculated
- 3 questions to ask yourself when deciding when to take Social Security
- And 6 things to consider when making this decision
It's not always as easy as saying, "I'm going to take my benefits as soon as I can because I want to get something out of Social Security". Yes, your health, family history, and current financial situation might indicate that you should take your benefits as soon as possible.
But for others, this could be a mistake. I hope this episode helps give you some insights into what you should think about before taking Social Security.
If you are enjoying Retirement Answers, please give a rating and review. Also, share the podcast with friend who might find it helpful.
Want help with your retirement plan?👇🏼
☎️ Book a call with me: https://calendly.com/jacobduke/intro
✉️ Email me: [email protected]
Submit your question here: [email protected]
YouTube: https://www.youtube.com/@retirementanswers
#retirement #howmuchtoretire #retirementplanning #rothira #rothconversion #investing #401k #socialsecurity
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