We don’t want to … but we must look back on 2020. Why? Because it was a BIG year for IRA rulings and Social Security. As much as we’d like to think that you’ve been listening, we want to repeat ourselves once again. Moving forward into the New Year will require you to check your lists twice. Dennis will cover the IRA rulings and Heidi will review the Social Security list.
Tune in today and grab your pen and a pad of paper. There will be a lot to remember.
If you haven’t heard already, the second stimulus passed, and it has quite a few implications for business owners. Jon Sluis shares details of the package in this video, and we will discuss it LIVE on the air today. SPOILER ALERT: Forgiveness of the PPP loan could possibly save business owners 30% and meals are 100% deductible in 2021. Those are two great surprises!
Dennis will also weigh in on economists’ projections for the New Year, which include rumors of inflation based on historical trends.
This week I continue my “Real Retirement Stories” series by interviewing my friend Paul. He began his career at GM the week after graduating high school. He attended what is now called Kettering University, a GM co-op program that was highly competitive. Less than half of his class made it through. As an engineer, he started in operations, moved to assembly, and then landed his dream job with the team that built the Corvette. He loved every minute of his 40-year career and felt thankful to have found it. My uncle Burt used to say, “If you love what you do, you’ll never work a day in your life.” Paul agrees!
Paul and I both love cars and finding wisdom in the unexpected places. Tune in to hear how his career, view of money and retirement evolved as life played out in unexpected ways.
It’s always good to end on a good note, and Paul is someone that did just that!
We hope this Christmas season finds you tucked into your home with family nearby as you all huddle by the radio. Today’s show is unlike any we have done before. Dennis will read a short Christmas story by O. Henry called, “The Gift of the Magi,” which was published in 1905. In addition to the story, you’ll also hear many of Dennis’ favorite Christmas songs sprinkled between segments.
Merry Christmas and Happy Holidays from all of us at Prout Financial Design. When we count our blessings, you definitely top the list!