For the Sherlock Holmes aficionados in our audience, Sherlock would say, “Watson, the game is afoot!” This would often take them to new adventures of investigation. Today’s new adventure is planning for ever larger IRA balances and the impact this can have on you and your loved ones, given the stock market run we’re having, and key new IRA rulings for 2024. The IRS has already answered several questions about their official interpretation of new SECURE Act 2.0 regulations … but we intend to discuss this in more detail on today’s show! These new rules will be important to know as they can make a difference to your long-term financial health. Also, Heidi will discuss the advantages and disadvantages of paying off your mortgage for retirement, and what this can mean for your long-term financial success. Deann joins in again this week with the stats to add to the mix of retirement.
Tune in and take control!
John Wayne once said, “Life is hard if you’re stupid.” For investors, this means being wary of a whole lot of the information disseminated by the popular media of today. Today, we’ll be working with solid data to keep our focus on the information we know is certain. In that light, we’ll cover the economic news of the day from our primary research sources, which include Capital Group’s 2024 edition of their long-term perspective on markets and economies, as well as various economists like Ed Yardeni. We’ll have enough stats to assist you in getting a better idea of ’24 as well as current opportunities you may want to take advantage of. Next, Heidi Cartwright will discuss the new FAFSA rules and regulations related to saving for children and grandchildren’s higher education costs, and the surprising relaxing of some of these rules. Last, Nathan Prout will bring you the current stats of the day, which help so much with perspective.
Tune in and take control!
Welcome to 2024! We are excited for the New Year! Some say that the more things change, the more they remain the same. Well, a lot of things are changing in Traverse City and elsewhere on the ownership front as the Baby Boomer generation continues their respective exit(s) and begins to head for the door. As so many businesses are changing hands, we figured this would be an opportune time to ask Jon Sluis, CPA, what he’s seeing, advising and what areas owners should think about before and after the transaction. Timing, planning and opportunities can change quickly for those on the asset ownership side. We’ve already sat with Jon about the show this week, and we welcome your questions to round out the mix! We are glad to be able to bring you this as many of the highlights can add to your personal situation as you navigate pre- and post-retirement.
Tune in and take control!