Ep 31: End of Year Financial Checklist

We’re all ready to put an end to 2020 and turn the calendar to a new year, but first things first. Let’s look at the end of year planning conversations you should be having with your advisor before January 1.
1x
Apple PodcastsSpotifyGoogle PodcastsStitcherShareLeave a ReviewListen in a New WindowDownloadSoundCloudSubscribe on AndroidSubscribe via RSSPlayer Embed

Apple PodcastsSpotifyGoogle PodcastsStitcheriHeartRadioTuneInAmazon MusicRSS

The Game Plan

We’ve finally reached the final few weeks of 2020 and many of us are ready to say goodbye to the year.

Even though we all have plenty going on, it’s important to take a close look at your finances to see what moves or adjustments you need to make before the end of the year. Join us on this episode as Dale shares six different planning items that need to be on your financial checklist.

Listen to the full episode or click on the timestamps below to skip around to specific topics.

The X’s & O’s

Check out the timestamps below to skip around to specific topics on the show.

[2:34] – Item 1: Should we max out contributions?

[4:10] – Item 2: Reviewing CARES Act and RMDs

[5:35] – Tax considerations for waiting on RMDs

[6:51] – Item 3: Exploring Tax-Loss Harvesting

[7:57] – Item 4: Charitable contributions

[9:48] – Item 5: Purchases that would give you a tax credit

[12:08] – Item 6: Roth Conversion Conversation

[16:03] – Thanks for a great 2020

 

“For those of you that have a really good income and don’t really need to take RMDs, then don’t take them. Let them accumulate in your retirement plan.”

– Dale Tondryk

More To Explore

Ep 73: Getting it Right: Irreversible Financial Decisions

There are plenty of decisions that you’ll make in the retirement planning process that can’t be undone, so you want to make sure that you make the right call. In this episode, we’ll explain why these decisions are so important and can’t be undone.

September 22, 2022

Ep 72: Can’t Get No Satisfaction… Or Can You?

Want to know the secrets to experiencing satisfaction in retirement? We’ve discovered five key situations in which your financial plan needs to lead you. If you can key in on these five points, you’ll have a high chance to achieve retirement satisfaction.

September 8, 2022

Ep 71: Going Against the Grain to Achieve Your Retirement Goals

Being a good advisor isn’t about winning a popularity contest or just saying the same things that everyone else in the industry says. It’s about giving the best advice that you can for each individual situation. On today’s show, we’re going to peel back the curtain to discuss some areas where a good financial advisor’s opinions might go against the grain with mainstream ideas in the industry.

August 18, 2022

QUESTIONS FOR DALE?

MORE WAYS TO GET IN TOUCH

952-401-1671

dale@tondrykfinancial.com

Facebook Linkedin