Understanding Sequence of Returns Risk
One of the biggest risks facing any retirement income plan is sequence of returns. When you retire, you go from accumulation (saving for retirement needs) to decumulation (withdrawing from savings to meet retirement spending needs). If you experience a down market early in the decumulation …
Four Smart Planning Moves to Consider Before the Election
Although we cannot be certain as to what will happen on November 3rd, we know that with every election there is a chance for major policy changes. Specifically, Biden’s tax proposal includes plans for a massive rehaul of the tax code and higher taxes for many. It is crucial to begin plannin …
20 Financial Tips for 2020: Virtual Workshop on Thursday, June 4 at 4:15pm
Are you worried about your financial future? Are you thinking about your retirement and how this volatile economy will impact you and your family? If you, your friends and family are overwhelmed by the current state of the market and economy, Debra Taylor has the key facts you need to know …
Client Announcement – NY Extends Grace Periods if COVID-19 Pandemic Creates Financial Hardship
A recent Executive Order issued by Governor Cuomo, together with recent amendments to the insurance and banking regulations (the “regulations”) issued by the New York State Department of Financial Services (“Department”), extend grace periods and give you other rights under your life insura …
Client Announcement – Attention Small Businesses! Do you know what opportunities are available to you through the Paycheck Protection Program?
As many of you know, additional COVID-19 relief is expected to be signed into law this week, with most of the additional funding being used for the Paycheck Protection Program to support small businesses. If you are a business owner and this forgivable loan program is right for you, we sugg …
Coronavirus, Markets and Economy Weekly Talking Points – April 20, 2020
Written by Debra Taylor “This makes the Great Lockdown the worst recession since the Great Depression, and far worse than the Global Financial Crisis.” – IMF April 14, 2020 COVID-19 Summary The US currently has 730,000 cases, with between 25,000 and 30,000 new cases each day US death …
Client Announcement – Free CARES Act Resources Provided By Taylor Financial Group
On Friday, March 27th, the President signed into law the CARES Act, a $2 Trillion stimulus package intended to combat the severe economic damage caused by the coronavirus pandemic. The CARES Act includes provisions intended to help individuals and small businesses. The following resources …
Did you know you can skip your RMD’s for 2020?
As you may know, The CARES Act (Coronavirus Aid, Relief and Economic Security Act) was signed into law on Friday March 27, 2020. The Act provides $2.2T of economic relief to individuals and businesses all across the United States. Although there are many provisions within the 883-page Act, …
Client Announcement – Do you know how the CARES Act effects you?
On Friday, March 27th, the President signed into law the CARES Act, a $2 Trillion stimulus package intended to combat the severe economic damage caused by the coronavirus pandemic. The CARES Act includes provisions intended to help individuals and small businesses. The following resources …
Do you have questions about the recently passed Stimulus Bill? – April 2, 2020
As the stock market hit its lowest returns since the 2008 Financial Crisis, the government has stepped in as an attempt to boost the economy. The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) produces roughly $2 trillion in relief funding, tax breaks and loans for individua …
21 Things To Do In A Down Market – April 2020
We hope you and your family have been holding up well during this time of uncertainty. When the market is down, it’s normal to feel anxious about your 401(k) or other investments. We invest your money and help build financial plans with a long-term outlook but even so, we understand that it …
