Monday Morning Money
3 Ideas to Help You Plan for Lower Returns

3 Ideas to Help You Plan for Lower Returns

July 1, 2020

Many experts are forecasting lower future returns for both stocks and bonds.  If they are correct, this can create a real problem for future retirees.

Today, we'll share 3 ideas to help you plan for lower future returns.

We talk about....

  • Delaying your Retirement
  • Tracking what you spend
  • Owning more stocks

To learn more visit our webpage:  https://flemingwatson.com/3-ideas-to-plan-for-lower-returns/ 

Do you have a question about money?  Get answers from a CFP Pro!.  Click here to ask what's on your mind

Are you ready to retire?  Learn how you can get you free Retirement Snapshot.

Other ways to listen to Monday Morning Money:

 

Is the 4 Percent Rule Dead?

Is the 4 Percent Rule Dead?

June 21, 2020

Some experts are forecasting lower returns for both stocks and bonds.  Does this mean the 4% rule for generating retirement income is dead? 

  • What if future returns are between 4% and 5% per year for a well-balanced portfolio?
  • Why we believe in the 4% rule.
  • It works when you use historical return data.
  • What if rates are lower?  Will it still work?
  • What are the challenges a low return environment provides?
  • What if you need more than 4%?

Be sure to check this out on our website: https://flemingwatson.com/is-the-4-percent-rule-dead?/

To listen to our Ask a CFP Show, visit: https://flemingwatson.com/are-you-pessimistic-or-optimistic/

Do you have a question about money?  Get answers from a CFP Pro!.  Click here to ask what's on your mind

Are you ready to retire?  Learn how you can get you free Retirement Snapshot.

Other ways to listen to Monday Morning Money:

 

 

 

 

How Lower Interest Rates Affect Your Retirement

How Lower Interest Rates Affect Your Retirement

June 14, 2020

Lower interest rates create some obvious problems for retirees. Things like savings accounts and CD's just aren’t earning much. But there is a longer-term problem with these low yields. Today, I'll discuss how lower interest rates affect your retirement.

To learn more visit:  https://flemingwatson.com/how-lower-interest-rates-affect-your-retirement/

To listen to our Ask a CFP Show, visit: https://flemingwatson.com/are-you-pessimistic-or-optimistic/

Do you have a question about money?  Get answers from a CFP Pro!.  Click here to ask what's on your mind

Are you ready to retire?  Learn how you can get you free Retirement Snapshot.

Other ways to listen to Monday Morning Money:

 

 

What if Future Stock Market Returns Are Lower?

What if Future Stock Market Returns Are Lower?

June 7, 2020

How many times have you heard this? "The long term average return of the stock market is 10% per year."  What if future returns for the stock market are less than average?  How would that impact your retirement?

To learn more visit:  https://flemingwatson.com/what-if-future-stock-returns-are-lower/

To listen to our Ask a CFP Show, visit: https://flemingwatson.com/are-you-pessimistic-or-optimistic/

Do you have a question about money?  Get answers from a CFP Pro!.  Click here to ask what's on your mind

Are you ready to retire?  Learn how you can get you free Retirement Snapshot.

Other ways to listen to Monday Morning Money: 

 

 

Ask a CFP: Are you pessimistic or optimistic about the future?

Ask a CFP: Are you pessimistic or optimistic about the future?

May 31, 2020

Today is the first episode of our Ask a CFP series.  Each month we will answer your questions about money, investing, and retirement.  

Today's Questions:

1.  Are airline stocks a good buy? What's the best way to invest?

2.  My employer stopped matching my 401k, should I stop my contributions, too?

3.  Since my IRA has decreased in value, is now a good time to convert it to a Roth?

4.  With businesses starting to reopen, is now a good time to buy stocks?

5.  Do you think we've seen the end of the bear market? Are you pessimistic or optimistic about where we are going?

We'll give our answers to those questions on today's show.

Do you have a question? Ask it here: https://flemingwatson.com/askacfppro

To hear this episode on our website, visit: https://flemingwatson.com/are-you-pessimistic-or-optimistic/

 

Other ways to listen to Monday Morning Money:

 

 

Are Credit Card Rewards Worth It?

Are Credit Card Rewards Worth It?

May 25, 2020

Are credit card rewards such as cash back or travel perks worth it? Should you use multiple credit cards to get better rewards? 

To learn more visit: https://flemingwatson.com/are-card-rewards-worth-it/

Do you have a question about money?  Get answers from a CFP Pro!.  Click here to ask what's on your mind

Are you ready to retire?  Learn how you can get you free Retirement Snapshot.

Other ways to listen to Monday Morning Money:

 

3 Questions to Evaluate Your Cash Flow

3 Questions to Evaluate Your Cash Flow

May 20, 2020

The COVID-19 Pandemic forced a lot of major changes to our lives. IT has also created a unique opportunity to guage how we spend money. Today, we'll pose three questions to help you evaluate your cash flow.

To learn more, visit:  https://flemingwatson.com/3-questions-to-help-evaluate-your-cash-flow/

Do you have a question about money?  Get answers from a CFP Pro!.  Click here to ask what's on your mind

Are you ready to retire?  Learn how you can get you free Retirement Snapshot.

Other ways to listen to Monday Morning Money:

 

Creating Your Financial Safety Net

Creating Your Financial Safety Net

May 10, 2020

As America begins to reopen, we can set our sights on what we need to do to get our financial situation back in order. What should be at the top of your list? In my mind, Creating your financial safety net should be a high priority.

For more information, visit:  https://flemingwatson.com/creating-your-financial-safety-net/

Do you have a question about money?  Get answers from a CFP Pro!.  Click here to ask what's on your mind.  https://bit.ly/AskCFP

Are you ready to retire?  Learn how you can get you free Retirement Snapshot.

Other ways to listen to Monday Morning Money:

 

4 Ways the Pandemic Could Impact Social Security

4 Ways the Pandemic Could Impact Social Security

May 3, 2020

Social Security is the cornerstone of retirement income for many Americans. Have you wondered if the Coronavirus outbreak will impact your benefits? Here are 4 ways the pandemic could impact Social Security.

The Covid-19 virus has turned the world and the economy on its head. The financial impacts are being felt far and wide. We have record unemployment claims, with nearly 22 million people out of work--so far. And Pew Research estimates 27% of American workers have seen their pay reduced. The government response has also been extreme. All of that will impact the future.

Most of the media focus has been on how this outbreak has impacted current workers. But it can also affect retirees. Here are four ways the pandemic could impact your Social Security benefits.

To see more, visit: https://flemingwatson.com/4-ways-the-pandemic-could-impact-social-security/

Are you ready to retire?  Learn how you can get you free Retirement Snapshot.

Other ways to listen to Monday Morning Money:

 

What the Heck is a V Shaped Recovery?

What the Heck is a V Shaped Recovery?

April 27, 2020

With many states creating plans to reopen the economy, we keep hearing about the recovery. Experts continue to weigh in on what it may look like. But it leaves people wondering, "What the heck is a 'V' shaped recovery?" 

To learn more, visit: https://flemingwatson.com/what-the-heck-is-a-v-shaped-recovery/

 

Download our free guide, 3 Things You Should Know About Bear Markets (and 4 Things You Can Do Right Now) 

Are you ready to retire?  Learn how you can get you free Retirement Snapshot.

Other ways to listen to Monday Morning Money:

 

Play this podcast on Podbean App