Monday Morning Money
Closer to Retirement: Should You Save More or Payoff Your Mortgage?

Closer to Retirement: Should You Save More or Payoff Your Mortgage?

December 20, 2020

As you get closer to retirement, should you save more or pay off your mortgage? 

This is a question we received from a listener.  Let's take a look at what factors into your decision.

To learn more, visit: https://flemingwatson.com/save-more-or-pay-off-your-mortgage/

What is Tax-Loss Harvesting?

What is Tax-Loss Harvesting?

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/

Is Bitcoin a Good Investment?

Is Bitcoin a Good Investment?

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/

How to Pick Funds for Your 401k

How to Pick Funds for Your 401k

November 29, 2020

A listener writes:  ""I'm trying to choose investments for my 401k. How important are the three-year and five-year returns when picking the funds? What should I be focusing on to choose the right investments?"  

To learn more, visit:  https://flemingwatson.com/how-to-pick-investments-for-your-401k/

What are the Obstacles To Your Retirement?

What are the Obstacles To Your Retirement?

November 22, 2020

Whether you are 2 years away from retirement or 20, we all face similar obstacles.  Today we'll talk about the three biggest ones and some things you can do to overcome them.

 

To learn more, visit: https://flemingwatson.com/obstacles-to-your-retirement/

 

Offered Early Retirement? Start Here

Offered Early Retirement? Start Here

November 15, 2020

A listener was offered early retirement.  There is a lot to consider before making your decision to retire—even if you weren't offered an incentive.  If you're thinking about retiring soon, and don't know where to begin, start here.

 

To learn more, visit:  https://flemingwatson.com/offered-early-retirement-start-here/(opens in a new tab)

 

To talk to a CFP® Pro, Click Here

How Could Your Taxes Change in 2021?

How Could Your Taxes Change in 2021?

November 8, 2020

How could your taxes change in 2021?  We're still waiting on election results.  But, we can look ahead to the potential changes to your taxes if Joe Biden wins the election.

To learn more, visit: https://flemingwatson.com/how-could-your-taxes-change-in-2021/

 

Can You Still Do A Qualified Charitable Distribution From Your IRA?

Can You Still Do A Qualified Charitable Distribution From Your IRA?

November 1, 2020

Can you still do the Qualified Charitable Distribution in 2020? This is a question we received from a listener. We'll tell you what a QCD is, who qualifies, how you do it, and offer a few tips.

To see more or ask a question, visit:  https://flemingwatson.com/can-you-still-do-qualified-charitable-distribution-in-2020/

Is Gold A Better Investment Than Stocks?

Is Gold A Better Investment Than Stocks?

October 25, 2020

A listener asks, "I keep hearing ads advising us to sell our stocks and buy gold or silver. Is gold a better investment than stocks?"

Gold is one of the ultimate fear assets.  When things go haywire in the markets, people tend to turn to the shiny metal.  Is it a better investment than stocks?  

To learn more, visit: https://flemingwatson.com/is-gold-a-better-investment-than-stocks/

To read the article we mention in this episode, visit: https://assetbuilder.com/knowledge-center/articles/golds-romantic-delusion

 

Should I Start my Social Security at 62?

Should I Start my Social Security at 62?

October 18, 2020

This question is from Lloyd. He asks, "I'm planning to retire in the spring when I turn 62. Should I start taking my Social Security or should I wait?"

This is a big decision. The only decision we have when we're looking at social security is when we file for our benefits.

To see more: https://flemingwatson.com/should-i-start-social-security-at-62/

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