January 31, 2021
Today we answer a question from a listener. He asks:
I am looking to retire soon and trying to determine the best way to generate retirement income with interest rates so low. Traditionally, you could have done this with treasuries or CDs. Why wouldn’t buying dividend stocks paying 4% to 5% makes sense? In addition to the dividends, you have the opportunity for appreciation.
We talk about the challenges of this strategy.
To view this episode on our website, visit: https://flemingwatson.com/why-not-use-dividend-stocks-for-retirement-income/
Do you have a question? Send it to us: https://flemingwatson.com/askacfppro
January 31, 2021
The trading activity in GameStop caused some anxiety in the stock market last week. It serves as a stark reminder there is a difference between investing and speculating.
For more on this topic visit: https://flemingwatson.com/investing-vs-speculating/
January 17, 2021
Today we focus on taxing Social Security benefits. We cover:
- How to know if your benefits are taxable or not
- Examples to show you how provisional income is computed.
- Potential surprises you may encounter in retirement.
To learn more, visit: https://flemingwatson.com/taxing-social-security/
January 10, 2021
Today we look at how the most common types of retirement income is taxed. We look at:
- The common types of accounts retirees use,
- The types of income taxed at the highest rates
- Types of income which receive favorable tax treatment.
To learn more visit: https://flemingwatson.com/how-retirement-income-is-taxed/
January 3, 2021
Many people want to retire as early as possible, something we completely understand. But it may not be the right decision. Today we discuss 4 reasons to NOT take Social Security at age 62.
The reasons include:
- Big discounts for early retirement.
- The negative impact on spousal and survivor benefits.
- Smaller lifetime benefits.
- Penalties to continue working.
To learn more, visit: https://flemingwatson.com/4-reasons-to-not-start-social-security-at-62/
December 13, 2020
A listener asks a question about year end tax planning. Can tax-loss harvesting help your tax situation? Today we look at this strategy and how it works.
If you would like to learn more about this topic, please visit: https://flemingwatson.com/what-is-tax-loss-harvesting/
December 6, 2020
Is Bitcoin a good investment? It is the new frontier in the investment world. Its gains over the past six years will catch your eye. Today we will answer a listener question about the digital currency and its characteristics.
Our question is from Chris. He writes, "A guy at work keeps talking about Bitcoin. I don't understand it. What is it and should I consider investing in it?”
To learn more, visit: https://flemingwatson.com/is-bitcoin-a-good-investment/