In this Money Monday segment on WANE 15, Caleb Doane discusses why successful financial planning requires a long-term perspective, especially during periods of market volatility. The conversation explores how short-term market fluctuations, economic headlines, political events, and market corrections can influence investor behavior, while often having a limited impact on a well-designed long-term retirement plan.
Key Takeaways:
- Short-term market declines do not necessarily change long-term retirement goals or target retirement dates.
- Retirement plans should account for normal market volatility and economic uncertainty.
- Money market funds, high-yield savings accounts, CDs, and other conservative investments can play a
useful role in emergency and retirement planning.
- Financial advisors can help investors avoid emotional reactions and stay focused on long-term financial objectives.
As interest rates continue to fluctuate, many people are asking the same question: Where should I keep my short-term money? In this segment on 21 Alive, Heather Foster of Foster Financial discusses several fixed investment options designed to help preserve principal while earning interest. She explains the differences between money markets, CDs, bonds, and MYGAs, along with the potential benefits and trade-offs of each.
Topics covered include short-term cash management, interest rate risk, conservative investing, bond market fluctuations, CDs (certificates of deposit), money market accounts, and MYGAs (multi-year guaranteed annuities)
How much investment risk should retirees take? Is being more conservative always the right move in retirement? In this episode, Caleb talks about one of the most important retirement planning topics: understanding and managing investment risk.
How Risky Your Investments Should Be | Women’s Wealth Wednesday | WANE 15
Topics covered include investment risk tolerance, portfolio construction, retirement income, planning inflation, risk market volatility, withdrawal strategies, and the importance of regularly reviewing retirement accounts.
Worried about how the next market correction could affect your retirement? In this video, we break down what retirees, near-retirees, and long-term investors need to know when markets become volatile. Learn how downturns can create both risks and opportunities, including timing Roth conversions, reviewing annuity options, managing retirement accounts, and rebalancing your portfolio with confidence.
Opportunities through Market Corrections | Money Monday | WANE 15
Topics covered include market corrections and volatility Long-term investing strategies, Roth IRA conversions, tax planning opportunities, portfolio diversification, investment reallocation, retirement withdrawal planning, risk tolerance and portfolio management, non-qualified annuities, identifying market corrections, and financial planning during market downturns.
Caleb discusses how the INPRS pension plan can change how much someone must save in order to retire comfortably.
Indiana Public Retirement System: Pension Plans | Women’s Wealth Wednesday | WANE 15
Heather elaborates on the benefits and practical applications of pledged asset lines.
Entering into a Pledged Asset Line and pledging securities as collateral involves a high degree of risk. You are pledging securities, the value of which is affected by events outside your control. Market fluctuations may cause the value of your pledged assets to decline. The Pledged Asset Line is uncommitted, and Schwab Bank may demand full repayment at any time for any reason or no reason.
Caleb outlines some of the main financial considerations for owning gold and silver in retirement.
Caleb discusses how workers in INPRS can plan for health insurance benefits in retirement.
Indiana Public Retirement System: Teachers | Women’s Wealth Wednesday | WANE 15
In this video, John provides an overview of ABLE (529A) accounts and explains how they are utilized.
Caleb explores the rules around inheriting an IRA from both a spouse and a parent and the tax implications for each.
Inheritance Planning IRA Accounts for Children | Money Monday | WANE 15
Caleb discusses the key tax implications to know for spouses that may be inheriting IRAs.
Spousal Inheritance Planning IRA Accounts | Women’s Wealth Wednesday | WANE 15
Caleb outlines some of the main financial considerations for variable spending throughout the year while retired.
Higher Spending During Summer Months While Retired | Money Monday | WANE 15
John breaks down the widow's tax trap and discusses how strategic financial planning may help mitigate this risk.
Caleb discusses the major wealth transfer that is expected to occur in the coming years. Women are expected to inherit the majority of these assets, so Caleb outlines some tips to keep in mind.
Spousal Inheritance Planning | Women’s Wealth Wednesday | WANE 15
Caleb discusses some rules around restricted stock units and how they should be factored into a financial plan.
Nothing on this site is intended to give tax or legal advice, please consult with Qualified Tax professional or Attorney.
Advisory services are offered through Foster Financial Services, LLC. Heather Foster, Caleb Doane & Jonathon Pynchon are also a registered representatives and investment adviser representative of Harbour Investments, Inc. Existing client relationships may continue through Harbour Investments, Inc.Member FINRA & SIPC while new advisory business is conducted through Foster Financial Services, LLC.
Advisory services are available to residents of states where the firm and its representatives are properly registered or exempt from registration.
Heather Foster is securities licensed in AZ, IN, IA, MI, MN, NC, PA.
John Pynchon is securities licensed in AZ, IN, IA, MI, MN, NC
Caleb Doane is securities licensed in IN, MI, NY, OH, PA, TX.
The views and material presented are intended to provide background assistance and education only and is not intended to be tax or investment advice. Please consult a professional on your situation. Investments involve risks, including possible loss of principal. Past performance doesn’t guarantee future results. Guarantees are based on the claims paying ability of the insurance company.
Copyright © 2018 Foster Financial Services