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 35: Retirement Planning for Business Owners
Business owners are particularly vulnerable to some misconceptions and false assumptions about their retirement. Today we’ll talk about the areas where Dale sees the biggest trouble areas when it comes to planning.
Ep 34: Gamestop Stock Mania
Whether you follow the market closely or not, you’ve probably seen the headlines about Gamestop stock. Join us as we get Dale’s perspective on what’s happening, what’s next, and what lessons we can take from this.
Ep 33: Mailbag – Social Security, Life Insurance, Legacy, & the Market
Is it okay to start Social Security before you retire? What about life insurance as a way to generate retirement income? We answer these questions plus a couple more that listeners have sent into the show.