Last week, we started the conversation around investor “blind spots,” or careless mistakes. One can argue that the premise of our entire show is about blind spots! Touché! This week, we will continue the discussion and delve more deeply into one area in particular: Changes in the market as you near retirement. The question is, “Can you handle it?” Or, better yet, “How should you handle it?”

The prevailing concern over a potential market correction and rising inflation lingers in investors’ minds. It’s understandable and probably unavoidable … but the good news is that it’s manageable!

Tune in and take control!

I (Shea) love to drive. It started with video games then led to learning on two-tracks until I took my drivers’ training courses. My instructor thought I was overly confident behind the wheel, but it quickly became my “thing” and, to this day, I am known as “The Driver” among family and friends. Over the years, however, as I have become more comfortable with driving, I’ve also realized that it’s easier to make careless mistakes. I refer to them as “blind spots.”

The same goes with investing. The longer you’ve been at it, and the more familiar you are with it – the more blind spots you develop. Our internal benchmark for success isn’t always the best predictor and, as a result, our long-term gains may diminish. In other words, we may not get to where we intended to go without a different or extra perspective. Today, Dennis and Heidi are hopping into the driver’s seat to show you a few things you might have missed on your investment journey.

Lawmakers have enacted six major bills, costing about $5.3 trillion, to help manage the COVID-19 pandemic and mitigate the economic burden on families and businesses. Most of us have succumbed to an inevitable tax rate increase. But that’s not the scary part. What’s more concerning is our acceptance of it. Our society is the proverbial “frog in boiling water” as we slowly but surely lose control over how the government allocates money. Guess who is suffering the most? It’s the folks you’d least expect … the savers! And they have a big money problem that can be summed up in two words – CAPTIAL GAINS.

Whether you are trying to sell your business, a family farm or stocks, the taxes on capital gains could be significant. Tune in today to listen to Dennis and guest CPA Jon Sluis as they talk about big money problems and what to do about them.

Whether you want to retire or are being forced to retire, the real question is, “How do you make it happen?” This is our favorite question! Technically, you can start collecting Social Security at age 62, but should you? Between your company plan, real estate investments, IRAs and stocks, and everything in between, you might have forgotten about a few things. We are here to give you the full list!

Join Dennis and Heidi today as they review the Forbes “Top 10 Retirement Tips for 2021.”

It takes a lot of discipline and motivation to be self-employed. It’s not for the faint of heart. Some of you knew your entire life you’d be “on your own,” while many of you fell into it like one finds a pothole in spring. JUST KIDDING! But seriously, it might have been a jolting move.

And whether you’re just beginning or have been at it for decades, it never gets easier to save.

“Locking up money” when living with an unpredictable income is difficult, to say the least.

But, as you know, YOU MUST keep saving for your retirement!

Join Dennis and Heidi today as they give you options and strategies to save. They’ll also discuss ways to help you get into the habit of paying your future first.