Today’s Question:
We’re already off to a busy start for 2020 and it doesn’t appear like the news will slow down anytime soon. Let’s look at the biggest anticipated storylines for this year and find out whether or not they will matter when it comes to your retirement planning.
Click on the timestamps below to jump to specific topics.
Confidence Corner
If you were hoping to ease into 2020, think again. The first two weeks in January already brought us the SECURE Act and increased tensions in the Middle East.
Despite the latter, the market continues to climb closer and closer to 30,000. But will the economy continue its upward trend? That’s the million dollar question.
On this episode of The Financial Answer, Nathan O’Bryant will take a look at five different storylines that everyone is preparing for and discuss how much of an impact they’ll have on investors. No one wants to caught off-guard when major shifts occur so it’s important to always be thinking ahead and planning for events when you have the ability.
From the 2020 election to the trade war with China, let’s dive into the top headlines for 2020 and answer the question, ‘Does it matter?’
Listen to the full episode with the audio player above or click on the timestamps below to hear a specific segment.
1:11 – The Dow has surpassed 29,000.
2:27 – How much will the headlines and storylines of 2020 impact the market?
2:58 – The 2020 election
4:36 – What does history tell us about election years?
6:31 – Depending on who gets elected, taxes could be impacted.
7:44 – Does it matter: Stock market returns over the next 12 months?
9:24 – Always be investing based on your time horizon.
10:24 – The trade war with China: how much will it matter?
12:26 – The health insurance marketplace: does it matter?
14:27 – The final one: the future of Social Security.
A Point Of Wisdom:
Related Content:
PODCAST: New Year Financial Checklist for 2020
PODCAST: Catching Up As a Late Bloomer in Retirement
PODCAST: Understanding the SECURE Act, Part 1
Additional Resources:
Download Your Retirement Rescue Toolkit – Learn More About Our Firm
Your Guide:
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