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New Retirement Radio with Dennis Prout Podcast

The days of simple retirement planning are gone and those who can manage their own portfolio are choosing not to. Prout Financial Design began over 25 years ago as an education based financial planning practice. Dennis Prout, Certified Financial Planner, believes that each client should not only understand their finances, they should be actively involved in the decisions made. Join the conversation! Dennis' radio show can be heard LIVE every Thursday at 10 am on News Talk 580 am or you can listen here instead. Thanks for tuning in! Advisory Services offered through Capital Asset Advisory Services, a Limited Liability Company, and a Registered Investment Advisor. Prout Financial Design does not provide tax, accounting, or legal services. Please consult the appropriate professional regarding your individual circumstance. Not associated with or endorsed by the Social Security Administration or any other government agency.
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Now displaying: Page 1
Apr 3, 2023

It seems that there’s been a contagion of mismatches lately. Specifically, Silicon Valley Bank’s (SVB) demise (and very likely many others soon to follow) as well as today’s economic numbers should give us all plenty to think about and dig deeper into. The speed at which SVB fell was shocking. Most of us non-Westerners never heard of this bank, unless of course you follow Jim Cramer, who was touting SVB as a great investment just last month. This past weekend, however, after a week of rapid decline, the FDIC took over SVB and is pledging to make good on all depositors’ assets. So what can we learn about this for our own situation? On today’s show, we’ll uncover what happened to SVB and discuss how we might apply any lessons to our personal situation. Heidi will discuss the five-year rule related to Roth conversions, and Deann will have stats aplenty to add to the conversation, which we think will be fast and furious this week! So tune in and take control!

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