Ep 1: Financial Considerations to Make After Coronavirus Fallout

<p>As the coronavirus pandemic spreads across the country, it’s getting more and more difficult to find someone not affected by this emotionally or financially.<span class= "Apple-converted-space"> </span></p> <p>The market has shown some signs of bouncing back as March came to a close, but we’re still down around 30% with some companies down significantly more. Those sharp declines have led to many investors losing quite a bit of value in their retirement accounts, and that can cause a lot of worry.<span class= "Apple-converted-space"> </span></p> <p>We’ve been talking with our clients about this downturn but this is also the time where you can confidently rely on the plan you’ve built with your advisor. Now that we’ve seen what could be the worst of the selloff, it’s important to evaluate where you are and figure out your next steps.<span class= "Apple-converted-space"> </span></p> <p>On this episode of How Money Works, Craig and Jennifer will address this unprecedented time we’re living in and discuss the considerations you should be making as we move through this. Hopefully these are all things you took care of before things went south, but this is still an opportunity to prepare yourself for the next downturn when it happens again.</p> <p>So we’ll talk about a few key aspects of your financial plan that you need to address now and also take you through that planning process. What are the things we talk with clients about? How do we determine your income needs? Are you still in a good position if taxes go up significantly over time?<span class= "Apple-converted-space"> </span></p> <p>These are just some of the questions we’ll answer on this first episode of the podcast. We would have liked to start on a more positive topic but we’ll get back to that point eventually. In the meantime, take care of your portfolio and protect the money you have until this clears.</p> <p>Thanks for listening to this episode. We’ll be back again next week for another show.</p> <p> </p> <p><strong>Visit our site:</strong> <a href=