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
Ep 40: Listening to the Money Doctor
Let’s take a look at the world of medicine and see what valuable lessons can be applied to your retirement planning. After all, our goal is to make sure your financial health is on track so you’ll be able to enjoy retirement to its fullest.
Ep 39: How Long Will a Million Dollars Last?
Could you retire off a million dollars? Yahoo! released a survey about how long that much money would last in different cities around the country. Let’s discuss the statistics and explain the process for determining how much money you’ll need for retirement.
Ep 38: What Basketball Can Teach Us About Retirement
We always enjoy March Madness when it rolls around and we thought it might be fun to tie it into what we do everyday. Join us as we explore some of the strategies and rules of basketball and determine how they apply to retirement planning.