Financial Planning & Investment Newsletter March 2021

Financial Planning & Investment Newsletter:  In This Issue

Each month in our Financial Planning & Investment Newsletter we cover Financial Planning & Investing topics that apply to you.  We cover a variety of topics to point out timely information that applies to you!

Investing:

Will We Finally See Higher Inflation in 2021

There’s been increasing chatter in the market about inflation. Reported inflation numbers from the government have repeatedly failed to rise above the Federal Reserve’s 2.0% target. But with another round of stimulus underway and consumer spending booming, will we finally see higher inflation in 2021? Read the rest of the article here.

Tax Planning:

What can I do with my RMD?

[VIDEO] We often talk about Required Minimum Distributions (RMDs) and when they start at age 72. Here’s a reminder about what you can do with required distribution each year. Watch the video to see what to do with your RMD!

Financial Planning:

Target Date Funds Pros & Cons

[VIDEO] Target date funds are a popular way to invest money these days.  You usually find these funds within your company’s 401(k) plan or maybe your children’s 529 college savings plans.  They are often called something like “target date 2040.” The year is tied to the timeframe of your goal. Check out this video here!

What to do with your Estate Planning Documents?

[VIDEO]. Great job! You’ve gotten your estate planning documents done and you are ready to get to the next step.  But what is the next step?  That’s a question we get asked quite frequently. We figured it would be worthwhile to go through three steps that you can take to make sure you are using your documents and keeping them safe.  Click here to see what to do with your estate planning documents?

What to do when you Receive an Inheritance?

Have you received an inheritance and need to understand the steps to take or what to do?  One of my favorite stories of a client who inherited funds from a loved one was all about the history of the person who left the inheritance.  A grandfather passed away and the parent was executor and trustee in charge of getting the funds to the grandchild. The parent sent a note along with the funds explaining what family meant to the grandparent and his attitude toward saving and spending money throughout his life. This family shared many vacations together so this last inheritance of money was really just more of the overall inheritance shared from the grandfather through life.  Watch this video to see some steps you should take now that you’ve received an inheritance.

 

Grab your copy of our February Planning & Investing Monthly Newsletter by clicking below!

If you’d like to catch up on last month’s February 2021 Newsletter you can grab that at this link!