Episode 254: Asset Transfers

This recent market analysis by Capital Group got our attention: Over the last couple of years, the gap in both returns and valuations between small cap and large cap stocks has expanded against the backdrop of tighter monetary policy. To further summarize, a well-known index is trading near a 20-year low on a relative basis versus large caps. Limiting your exposure to these assets will limit your risk, but it is always interesting to see where the opportunities might lie in our allocation strategies for the future. We believe you, too, will find it interesting as we discuss why this information could be helpful to your portfolio. Next, Heidi will discuss what retirees can do right now to reduce next year’s taxes, backed by some great quotes from our IRA tax consultant, Ed Slott. Finally, Deann will share stats that better illustrate the subject at hand.  Tune in and take control!

Amidst all the blather about an election (you remember, right?), where are the opportunities? Today, we’ll discuss the realities markets have historically experienced during an election year,  how investors have responded, and the mistakes investors made. Long-time money manager, The Capital Group, will provide us stats going all the way back to 1933. We’ll also discuss recent moves in the gold market … so hold on to your hats on this one! Also, Nathan will discuss some very interesting findings from LPL Group that, we found, should be particularly helpful. And Heidi will discuss the rules of engagement for Roth IRAs and 529 plan conversions SECURE 2.0 Act. Deann will bring the stats to add to the conversation. So much to talk about! We truly appreciate you, our listeners, and we’re glad to be back live this Thursday!  Tune in and take control!

On today’s show, we’ll hear about the changes that the Marsh brothers at Bill Marsh Automotive Group are experiencing as they sell their long-held business to Serra Motors. About three years ago, in 2021, the Marsh brothers came on the New Retirement Radio Show to share their experience and knowledge gained over the years with their joint management of the business. They return today to discuss their transition out of Marsh Auto and shed light on this period – what they are learning from it from a business standpoint, and what they hope to personally accomplish in this next phase of their lives. As with all our shows, we hope to provide all our listeners a learning experience, whether you’re a business owner, thinking of retirement or are newly retired. We are very excited to hear from them, and hope you’ll tune in for a very active conversation with Bill Jr., Jamie and Mike Marsh.  Tune in and take control!

Around the turn of the previous century, Alan Greenspan made the following famous and prescient comment regarding the dot-com bubble: “A decline in perceived risk is often self-reinforcing in that it encourages presumptions of prolonged stability and thus a willingness to reach for risk over an ever-more extended time period. History cautions that extended periods of low concern about risk have invariably been followed by reversal, with an attendant fall in the prices of risky assets.” On today’s show, we’ll ponder and discuss several sources that we think you’ll find helpful in considering these issues as they relate to your own well-being and retirement. Next, Heidi will discuss the importance of getting good Social Security advice as well as explore some of the problems others have encountered in getting that guidance. Lastly, Deann will provide all of us stats of the day to help us all gain perspective.  Tune in and take control!

Market volatility can easily occur in an election year, which could affect your personal investments. On today’s show, we will review the Guide to investing in an election year, published by Capitol Group, in order help us all gain a better perspective. We’ll then discuss investors’ biggest questions like, “How can we invest with confidence in an election year?” “Which political party is better for investors?” “What typically happens to the stock market during election years?” “What have been the best ways to invest in election years?” Next, Heidi will discuss the 10 tax forms retirees receive and what they mean. Lastly, Deann will bring the stats to add to the discussion and help us all navigate what looks like a very interesting year.  Tune in and take control!

Many of us are familiar with that famous line from Mark Twain’s 1892 novel. In our attempts to deign what's going on in this economy, there is always enough warning for any of us and … of course … plenty of opportunity. Given the current trends we’re seeing in the stock market, especially with some indexes reaching all-time highs, we’re looking forward to see what the future might hold. It is truly amazing what can be gleaned from history. Given the dynamics of this market, it can be very helpful to us to remember the past and take what we can learn from it. On today’s show, Heidi will discuss the potential long-term impact of opening a Roth IRA for the teens in our lives, and Deann will provide the stats to bolster and brighten the conversation! And as always, your questions are welcomed to expand the dialogue.  Tune in and take control!

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!

Today on New Retirement Radio, CPA Jon Sluis joins us as we discuss year-end tax planning, IRAs, and the case coming before the Supreme Court next June, deciding whether or not Congress can tax unrealized gains. Taxing unrealized gains may sound like something you’d see in Russia or hear about in fifth grade as a lofty aphorism. Apparently, however, the Supreme Court feels the need to weigh in on this one because, according to The Wall Street Journal, it’s the most important tax case in decades. We’ll offer our opinions on what this proposal could mean and the impact might have on our economy. There are still lots of questions year-end planning, so Jon will share his best advice on how to approach this and help you navigate an always complex set of rules in the U.S. tax code. As always, your questions are welcome and anticipated!  Tune in and take control!