33 Burst results for "Jennifer Perry"
‘Find the fraud’: Trump pressured a Georgia elections investigator in a separate call legal experts say could amount to obstruction
"The president in George's post election investigation. I'm a good best fees. Jennifer Perry has more. The Atlanta Journal Journal Constitution Constitution cites cites a a senior senior state state official official who who says says President President Trump Trump made made a a call call to to a a state state investigator investigator in in late late December, December, urging urging them them to to quote quote find find the the fraud fraud and and telling telling the the investigator investigator they'd they'd be a national hero. That call was in addition to the one he made to Georgia Secretary of State The Wall Street Journal is also reporting that White House officials pressured North Georgia's top federal prosecutor toe leave his post for not doing more to pursue voter fraud allegations. U S Attorney BJ Pack abruptly resigned last Monday. Jennifer Perry
"jennifer perry" Discussed on KTAR 92.3FM
"Deaton this weekend. I'm Jennifer Perry have some of those year and planning questions for us here on success in the new retirement. If you'd like to talk to Damon and Matt about how to get ahead for next year, do that during today's show it for 80680, 68 68, or online at success in the new retirement. Dot com. Well this year, Matt in particular, I think we've all had just these flashbacks to when things were more simple, more normal because we've craved that. Did you know, for example, that during the pandemic Ah, lot of us went back to our childhood days in terms of what we ate. There was a survey that said things like, you know, Kraft macaroni and cheese and even just simple sandwiches. Those are the things that we gravitated toward when we were under lockdown for so long Did you find yourself at least flashing Back on Some of those memories here in this last year is we kind of forced to slow down just a bit. You know, I don't I don't know if I die. It changed. It seems like we tried toe support some of the local restaurants a little bit more. You know, I think any time you go through kind of Ah, time of uncertainty, we try to go back to things that provide some comfort. And so it doesn't surprise me that the people kind of made some changes. That kind of took him back to the good old days. Yeah, for sure. And I think we tend to do the same kind of thing. We were thinking about how challenging and how complicated our retirement is. Today, For instance, I was just thinking you and Damon brought up the topic of pensions a few weeks ago, and I was thinking about my own grandfather and he worked for Kraft Foods. He made that macaroni and cheese is profession back in the day, and I remember I think he retired as soon as he turned 60. Five he came home. He had not a care in the world and they gave him this really bizarre cuckoo clock as a retirement gift, And that thing has been passed down through our family. I hope to eventually get it one day when my mom gets tired of the cuckoo chirping, But I thought, Wow. They gave him a clock and a pension and he lived for 21 more years on that pension. Never saw him stress about money. Things were very different back then, weren't they? Well, I think that retirement has changed. Damon and I we have a book. We talk about the new retirement success in the new retirement. What we mean by that is retirement is different because people are retiring without those pensions. So I've used this example before, But my grandpa Recently passed away. It was 95 Wow and buy, you know, he started out working for the Utah Transportation Department, and he started out holding the stop sign letting traffic people go through, and he eventually rose up and was the top person in the Department of Transportation. Over that career. And so he built up this awesome pension. And so I remember. I was really young and my grandfather retired, just like yours at 65. He was done. And I remember when I turned 12, the big thing was you got to go on a vacation with Grandma and Grandpa, and for him Retirement was pretty cookie cutter. He had restrictions, so the problem with his type of retirement was He needed to work X amount of years for the Department of Transportation to really Max out his retirement, right? So if he decided on a whim at age 52 just go, you know, do some other career go do something else. He would've forfeited the golden handcuffs for this pension and the benefits that would have provided for him or or the payment would have been much less, but because he stuck with it for all that period of time. He had this awesome income stream. And so my grandpa for all the time that he was retired his pension and it's so security covered all of his expenses, and he lived a great life and he had luxury and he they traveled and they did all these things. And so it was great, but it would also came with those handcuffs on those restrictions. Right? And so today's retirement a little bit different. Most people today are retiring and they don't have that pension. But instead they have a 401 K. And the great thing about a 401 K is if you retire early if you decided to go to start your own business if you get laid off, you get to take that 401 K and every penny that was in it and you get to take it somewhere else. True, But the negative to that is you then have to figure out how you're going to turn that into a retirement plan into an income stream. Most of the people they done Survey after survey. If you are concerned about being successful in retirement and not having that stress as they've talked to people as they talked about, you know what makes every retirement plan work. What makes it so that people feel comfortable and secure in their retirement? What they have found out is that people have a plan to replace their paycheck. Okay, and it's the number one thing. It's not how much money you have in the bank. It's not how much money you have in the forum. OK, it's Can my cell security and whatever I drop from my investments provide the monthly paycheck that I've been used to my whole life and do it for the rest of my life. So I don't have to worry about running out of money. That's the question of the problem that we're trying to solve. And so you know, it seems like, well, that seems easy, But the problem is is if you don't have a plan if you just come along your 401 K and just start taking money from it. You might be withdrawing much faster than you should. And it has too much risk. You might take money out the market drops. You take more money out the market drops. And pretty soon you're 10 years in the retirement. You're going. Oh, my goodness. I'm gonna be out of money in five years. This thieves the last longer and so it's coming up with that plan. So David and I we spent a lot of time again. Part of our financial planning, and what we do is okay. We got to come up with the right type of investment strategies to get good returns for our clients, but part of that is putting together that income plan. Actually having a road map of how you're going to produce this income. And we increase that income as the what ifs and life come along. You know, for example, what happens if one of the spouses passes away? Well, assault security benefit might disappear. Well, how does that person that Z left? How did they survive when we have less income coming into? Is there a plan for that? So, Damon I We spent a lot of time talking to clients getting in another situation, understand what they're doing, and then coming up with that plan, and the number one thing that I have seen that has caused people feeling like they're actually ready to retire is when they can see it. Road mapped out how they're going to provide that income. That is the key..
Gov. Kemp renews COVID-19 guidelines as Georgia sees increase in new cases
"The governor is responding to to an an uptick uptick in in Corona Corona virus virus cases cases in in Georgia. Georgia. WSB WSB Jennifer Jennifer Perry Perry governor governor Brian Brian Camp Camp is is extending extending the the state's state's current current coronavirus coronavirus restrictions restrictions through through the the end end of of the the month. month. He's He's also also urging urging Jordan's not to grow complacent. Camp says the state has deployed more than 300,000 rapid tests across the state and stockpiled a 60 Day supply of Peopie. More than 11. Million cases of the Corona virus have now been reported in the US in the most recent million came and less than a week, Joe Biden's scientific advisors will meet with vaccine makers in coming days as the presidential transition remains stalled because of President Trump's refusal to acknowledge that he lost the election.
DeKalb County, near Atlanta, should finish its ballot counting by 6 p.m. today
"Far, at least, 50 Georgia counties have completed the hand recount. WSB Jennifer Perry has more on the recount into Camp County, where the work is 80% complete. Now the cab county's election workers recounted ballots well into the night Saturday into cab elections Director Erica Hamilton tells Channel two action news are definitely by mill in our election day. We're not working on our advance in person. Voting volunteers were here have been very helpful. So they follow instructions to the T. So it's been a smooth process, she says. They may be finished with the entire recount by Monday night. Jennifer Perry 95.5
Former President Barack Obama to campaign in Atlanta, Georgia, on eve of election
"Former President Barack Obama scheduled to campaign here in Georgia. More now from WSB is Jennifer Perry. Former President Barack Obama plans an Election Eve rally in Atlanta on behalf of Joe Biden and Democratic Senate candidates. Jonah softened Reverend Raphael Warnock. The The Biden Biden Biden camp camp camp hasn't hasn't hasn't released released released details details details yet, yet, yet, but but but his his his appearance appearance appearance may may may come come come during during during a a a previously previously previously scheduled scheduled scheduled flip flip flip Georgia Georgia Georgia Blue Blue Blue Rally Rally Rally for for for war, war, war, knocking knocking knocking us us us off off off Monday Monday Monday night night night at at at the the the old old old Turner Turner Turner Field. Field. Field. King lot right
Obama to visit Atlanta Monday for last-minute election rally
"To the flurry of last minute campaign stops in Georgia before Tuesday's election. Gillespie's Jennifer Perry with detail former President Barack Obama plans an election Eve rally in Atlanta on behalf of Joe Biden and Democratic Senate candidates John all soft and Reverend Raphael Warnock. The Biden camp hasn't released details yet, but his appearance may come during a previously scheduled flip Georgia Blue Rally for war, knocking us off Monday night at the Old Turner Field parking lot and President President Ramp Ramp Ramp will will will will be be be be in in in in Rome Rome Rome Rome tonight tonight tonight tonight for for for for an an an an 8:30 8:30 8:30 8:30 p.m. p.m. p.m. p.m. rally rally rally rally You You You You can can can can here here here here live live live live on on on on WSB WSB WSB WSB radio radio radio radio and and and and the the the the WSB WSB WSB WSB radio radio radio radio app app app app WSB WSB WSB WSB
Atlanta Weather: Brief light showers Sunday morning
"Light showers linger into Sunday morning low 62 then becoming partly cloudy in the afternoon tomorrow with a high of 75 Partly cloudy Monday Low 61 High 78, the National Weather Service, just issuing a significant weather advisory for north bolting Cobb, Clayton, South Eastern Cherokee, two cabs southwestern for Seif, southwestern Gwinnett, Northern Henry and South Fulton County's until seven o'clock with some very heavy rain in these areas and 40 mile per hour winds. 66 degrees on Peachtree Street. It's 6 35. I'm Jennifer Perry
"jennifer perry" Discussed on KTAR 92.3FM
"Jennifer Perry. I wish I knew you when I was young. It's actually comment. We get from a lot of our listeners who call in on the show. Guys. I wish I had talked about all these things. I hear you guys talking about with my financial advisor somewhere along the way. A lot of people maybe didn't even have a plan, And they wish that they had started earlier. But what is it that people find different about your process? Well, we talked about doing a comprehensive approach. So what we find with a lot of people is they have their investments, and then they have their tax guy. And then they have their state planning or their attorney, and a lot of people haven't coordinate those together. And so we will find that an investment strategy isn't really thinking about what the potential tax implications are going to be either now or down the road. And so you have these two professionals, the financial guy and the the tax guy, and they're not really working together. Not so and so you know, what we try to do is we try to bring that together. We try to take bias out of our process. And so we use Two or three reports and systems and computer programs to be ableto identify opportunities. So one of them is a tax report and so attacks reporters you can bring in your stuff. You could say that I would like to understand how it could be more efficient with my taxes you could bring in your latest tax return. We can put that information and we can find opportunities where you could be more efficient. And so what? I mean by that well That may mean that you don't put as much into your 401 k on the normal side. Maybe you start contributing to Iraq. Well, if the moment you do that, what that means is you don't get a deduction. So now the accountant over here is going what way? Wait a minute. I don't like deductions. I want to pay less taxes. But Damon and I are trying to take a conference approach and saying, Hey, we want to save money now on taxes. We will want to have retirement to be very tax efficient as well. And so here's a reason why we would want to put that money into the Roth to get tax free growth. We can use later on. We can talk through that process so that report can help us identify opportunities for that. It could help us identify opportunities of where you should be spending money in retirement. That's going to be in the most attacks efficient. How you should claim so security benefits how that could potentially in fact, Medicare and some of the other benefits you get. And then the other reporters are Morningstar analysis and again when we say Morningstar analysis that allows us to literally Put all this data into Morningstar and say these are the investment this client has and put populated with the 2030 40 different investments they have. And then the report spits out and gives you a result. It tells you how much risk you have. It tells you what kind of future pain it tells you. How diversified you are. It tells you what kind of performance you've had. And it's not me saying all your your performance or your investments are bad. It's an unbiased reports that saying this is good and this is bad, and you can identify those. And so the moment, Damon, I have that information. Now we're on the path to build a financial plan because we can identify The mistakes that have been made the things that could be corrected the things that can be improved, and now we execute those strategies. And so again, That's our approach. And what we found is if we can take that time with people if people are willing to come in and say, I want to have a second opinion, if you haven't called Geico to get a second opinion on your insurance or whatever it might be, you might find that there's opportunities. I'll give you an example. We're in the process of building a house and I got a friend that gave me a guy that does Audiovisual you know, is put in some speakers and some, you know, TV's hook ups in the house, so we're like, Okay, great with this wasn't part of the budget, but we'll do this. So we go into that. And I about fell out of my out of my chair when I got the bid, you know, it was like it was like, I mean, where would we weren't doing anything crazy? Advancing and it was tens of thousands of dollars. Whoa. Wow. I mean, is this gonna be like, I don't know how this is your own personal movie Theater? I don't know Is this is this system going to know that I walked in the room and it's going to change it to my favorite song or something better for that. And so I was not in another body and I was complaining about this. And he's like, Oh, you should call this other guy. I called him up. Came over super friendly and his bed came in and was literally 50% lower. Wow, and it was the exact same stuff, literally the stuff that's on the bid. The equipment and the things that they were going to put in is exactly the same, and all it was was a second opinion. And so that's what we encourage. People is take advantage of a second opinion. Take advantage of some of these reports. We run and find out what a comprehensive plan is going to do for you because again, there are lots of people that are doing it, You know, hodgepodge or one person's doing this one person's doing that. But unless it's going together, oftentimes there's going to be in inefficiencies. All those pieces of your plan have to work together. And that's why today here on success in the new retirement, we're.
Atlanta - Man arrested in Nashville for 25-year cold case murder of Georgia man
"Nearly 26 years after the murder of the North Georgia man. There's been an arrest in the cold case. WSB is Jennifer Perry with detail. It was the longest unsolved murder case in Walker County 54 year old Jaye. Is. Richard Harris was found dead beside his pickup truck on December 22nd 1994. He'd been robbed and killed before leaving for work that morning. Now, investigators say they've arrested his former co worker, Robert Allen Mallory, in Tennessee, the G B. I says Mallory was linked to the case in 2009, but they didn't have enough evidence to arrest him until now.
"jennifer perry" Discussed on WSB-AM
"Let US news and at 8 30 I'm Jennifer Griffis live in the WSB 24 hour news Center With WSB Stop stories this half hour. President Trump says the federal government is granted emergency authorization for treating covert 19 patients with convalescent plasma. While Trump is calling the move a breakthrough, and one of the top officials say it is promising. Other health experts say that therapeutic needs more study before it can be celebrated here in Georgia. They've added another 1700 cases of covert 19, making that a total of more than 253,000 since the pandemic began, State health officials report There have been another 40 to death from the virus, along with an additional 44 hospitalizations with less than two weeks to go before their season begins noon High school's entire football All team is under quarantine after one player tested tested positive for covert 90 more than 100 players sidelined for now, But noone in high school football captain Bryson Mosque tells Channel two action news that they still want and hope to play It does on our team, actually, in the exact position kind of banking on the senior season is, you know Get in the play College for Bar, he says. All of his teammates and coaches appear to be doing well. But all practices are off until the end of the month. Jennifer Perry 95.5 WSB in depth coverage of campaign 2029 95.5 ws Me Georgian makes the list of speakers at the Republican National Convention, which begins tomorrow in Charlotte, WSB. Cheryl Castor reports. He is not a Republican to Camp County Democrat Vernon Jones officially endorsed President Trump back in April. He's the only Georgia Democrat to do so. The state rep is set to speak Monday night at the kickoff of the four day convention. Jones tweeting out this president through all of the good he has done has united our country. Now it's time for our country on both sides of the aisle to unite behind him. WSB news time is a 32 tomorrow for Atlanta's one of you's and Find out what park our test is the best place now to park your cash and getting ready for the Atlanta United return to the bench this weekend. 95.5 WSB. It's Jamie. Progressive Number one number two employees leave a message at that. Hey,.
Georgia governor allows local mask mandates, with limits
"An executive order giving local government's authority now to require masks on public property because of the Corona virus. Here's WSB is Jennifer Perry. The order allows cities and counties to enforce mask mandates on public property for the mask requirement can on ly be enforced on private property if the business owner consents and it can't be enforced on any residential property, those without a mask I have to be given a warning first after that finds will be limited to $50 word. A teenage
GoFundMe campaign raises more than $130,000 for Metro Atlanta high school football player who lost both parents to COVID-19
"Depend on its go Fund Me campaign has raised more than $130,000 for John's Creek High School football player. Who lost both his parents to the Corona virus. We were a regular family is trying to stay safe during this pandemic. 17 year old Justin Hunter and his parents tested positive for the Corona virus in July. He was asymptomatic but tells Channel two action news that his mom and dad passed away just four days apart last week, never raised me to just sit around and feel sorry for myself In any situation. Justin does want those who aren't taking the virus seriously to wear a mask if you don't wear for yourself, where for the next person because you could be saving our person. Jennifer Perry,
Sahara dust cloud causes Code Orange Air Quality Alert for Sunday in Atlanta
"That code orange air quality alert in place now for Atlanta today due to that big dust cloud making its way here across the state tell to action news meteorologist Brad nets but it does lower the air air quality quality of of some some of of that that dust dust comes comes down down so so for for that that reason reason a a code code orange orange air air quality quality alerts alerts have have been been issued issued and and WSP WSP Jennifer Jennifer Perry Perry says says the the Georgia Georgia department department of of public public health health says says wear a mask a mask will not only help prevent the spread of covert nineteen but it can also protect you from dust from the Saharan dust cloud as it moves over Georgia they say it's especially important to take precautions if you have a chronic lung condition the serin dust makes its way across the Atlantic every year it's more dense this year than it's been in the last fifty or sixty years
Interim chief to Atlanta officers: "You have my support."
"After a tough week as Atlanta's interim police chief Rodney Bryan addresses problems with morale and sick out Bryant admitted that weeks of protests and charges against two officers in the shooting death rates are Brooks have taken a toll on his officers a PD family I'm here for you I believe in you you have my support I want you to know that you also have the mayor support Brian didn't say how many officers are called out sick but he did admit the number is higher than average still he says if you call nine one one a police officer will respond Jennifer Perry ninety five point five W. S. B.
"jennifer perry" Discussed on KMOX News Radio 1120
"Steve all I'm Jennifer Perry that is Dolly Parton's new song there when life is good again she's course Steve looking ahead to what we all hope will be a better second half of twenty twenty kind of an inspirational song for right now and I love her voice anyway you know all of her classic kids so it's nice to hear a new one from her bed so you might remember that when Dolly was a guest on our show a few years back we asked her about the possibility of her calling it quits and retiring some day I'll be work until the day I die I hope I've always said I'd like to just keel over at the middle of a song hopefully onstage and helpless on a written thank you thank you for the small but I really hope to work for a long time he doesn't kill over on stage I was in a Dolly concert and she passed away on mmhm come through but it wasn't meant for me please golly don't do that but I love her sense of humor about it you know I love that she loves her job that much too and of course she's fortunate enough steam to be able to work whether she wants to or not but I'm sure we have some listeners who are maybe planning to retire but are now wondering if they maybe don't hang out for another year or two because of this crisis so what would you say to a client who is wrestling with that decision right now docket today about you know I just like the idea of when life gets good again yeah you know I think I said it was it was nice I got caught in traffic Clarkson road you know solid traffic jam on highway forty six things are getting good again but the it's also the perception A. L. and and it was like I heard the one for months like the eyes of a child you know my parents were home they were there all the time we ate dinner together finally yes families got together on the weekends to have dinner and we didn't go out to eat mom made dinner so yes everybody's perception of what's going on here is fine Stacey still at home you know Carter five years old you know run around we're doing gym visits and stuff like that he's run around waving and stuff like that and I always having draw me a picture of my office which made me want so those are the things I think with the children are going to remember could be slightly different than what those of us that were synnex paycheck coming from or going to review the current pandemic that were in before Dolly the planning people the I think the best idea is to have a complete plan why that went that way when things like this come up you can change it what should be in those plans I believe you have to have a tax strategy and we're gonna bang on taxes a lot because I got a feeling they're going to go up I don't get a lot of arguments when I see that so do you have a tax strategy are you going to be tax efficient in retirement having too much money in your IRA reason for one case can subject you to those taxes how you can get income from your portfolio social security optimization I look at it to the point that if they think that social security might be decreased in the future as if Congress doesn't do anything in twenty thirty four twenty thirty five benefits will have to be reduced I ought to get as much as I can right now do you have a good investment strategy you're always going to hear me it's about need not greed and I think right now in the current market craziness will we get a market it's going up what a condom is tanking does not make sense to me be careful your investment should be based on need not greedy can you protect the asset protection of the asset is so important that's why we have wealth guard to protect the invested assets and I like the fixed indexed annuity why because it cannot go down due to market volatility I can't have any losses so those are the things that I look at that I believe are very important if you're planning for retirement can you do it now or should you wait a year or two let's look at it and find out do the math and figure out your numbers and what retirement looks like for you figure out if you need to make some adjustments within your portfolio two at a time like this and.
Atlanta's Lovett School graduates test positive for coronavirus
"The corona virus hits the class of twenty twenty AT one bucket private schools several graduating seniors have tested positive for covert nineteen they didn't give an exact number the schools been closed since mid March and it's not clear how the students contracted the virus the Atlanta journal constitution reports that one of the first confirmed cases was a student who attended the love it schools recent driving graduation but that student also had a graduation party and traveled out of town with friends Jennifer Perry ninety five point five W.
Atlanta - State spends $72 million for extra hospital beds, staff around Georgia
"Georgia is prepping for a big surge in corona virus patients WSP is Jennifer Perry reports governor camp in the state's coronavirus task force say the state will spend seventy two million dollars to add about three hundred hospital beds and medical staff around the state that includes temporary medical units headed to Atlanta Albany in Rome with the fourth on stand by hard hit Albany will also get twelve million dollars to add medical staff governor camps is the project's been under way for weeks based on modeling and recommendations from public health emergency officials
Georgia - Atlanta parks closing due to coronavirus
"Here in Atlanta parks closing W. espys Jennifer Perry on the story city of Kennesaw is closing its busy swift Cantrell park as of today they had already closed down its skate park playground and dog park and park areas as well as trails and river access are now closed at the Chattahoochee River national recreation area other national parks like Kennesaw mountain remain open to the public but some facilities are
"jennifer perry" Discussed on 106.1 FM WTKK
"Five two one two one five our basketball here with the rallies retirement coach Brian Raleigh I'm Jennifer Perry least I DO Brian is probably my favorite sports and here in North Carolina it's hard not to get sucked into basketball feeder specialist this weekend bad out there see C. basketball this weekend you know the triangle closes down a British experience Berlin it's you know it's a lot of fun I never understood it first few years when I came down here in the nineties and I was like my gosh and no one was around everybody was gone I don't think I where is everyone yeah ask if all everybody's either watching or you know making the track down to root for their favorite teams and and headed down to where the torment is and look we're in March it's March madness after this weekend the brackets available now on the up so that'll be kind of fun to put together the bracket challenge however it's not gonna be so fun if they take away the crowds due to corona virus Brian I know in a lot of other countries they've shut down major events and are playing games without a crowd what is without a crowd though gosh wow well that's what lebron James was saying about no I'm sure a lot of others and said Hey man because I play for the fans that are not here I'm not coming out certainly right now coronavirus headlines are affecting a lot of aspects of our lives including our money in the market to and again if you have questions about the markets and how it's affected your portfolio over.
"jennifer perry" Discussed on KMOX News Radio 1120
"Welcome back to the all financial our here was Steve all this weekend I'm Jennifer Perry recognize that music it is the opening theme from fantasy island which premiered back in nineteen seventy seven Ricardo Montalban made a fortune playing the mysterious Mr roh arc and he credited his famous Cordova car commercials with getting him this role and spelling so the promotion they look so nice because I was playing kind of an elegant man you know Cordova C. rich court in film that unless I don't get the idea of getting the four Pontiac and they see how they treat some terms of an actor's fate because I was there C. because I was there at that time but that would raise the rate to this car talk time in business rich Corinthian leather key say it like that Steve access I wish I could live my wife wishes like eventually and maybe work on that very interested me that tape it to the house and I have to practice right yes the island I was more of a fan of the plane boasts we had a look of the character during the break there so I was gonna bug me if I could remember his name is tied to how to forget that but love the show but he makes a good point there and his world in the acting business it's all timing he said so how does timing play a role in retirement planning as well Steve as I'd like to say the best time to start planning on retiring is now right I Everytime that's usually the regret of most people when we hear if they look back and say what regrets do they have it would be more to the park I wish I would have started earlier or I wish I would have gotten a written plan earlier those are the two big ones that come in but all talked about at the couple markedly said they'd come to one of our presentations and they've really liked what was going on so we were kind of talking after missing over he goes we really like what you guys have but we're not retiring for about five years so we'll give you a call in a few years and I looked at him I said mark I said I think now is the best time to come in I said let's talk about where you're at because he gives us that tying to shuffle if necessary yeah so they went ahead and made the appointment they came in and when we looked at it they were both maxing out their four oh one K. mark was it bell when he had a large amount of assets in their stock fund so we brought them back in and we analyzed it in we looked at said the problem that you might have as you can have way too many assets over here in the tax deferred and it's all going to be income and I asked my said have you ever heard of net unrealized appreciation and they go I don't know what you're talking about right it's something that you can use to move highly appreciated stock out of your four oh one K. okay should we get a move it out for your cost basis he was sent on about four hundred thousand dollars worth of Boeing stock but its cost basis was only about seventy five when I explained it to him that we could pull off four hundred out of his four oh one K. he would have to pay taxes on the seventy five and then when he sold it in the future he would have to pay capital gains tax on it he goes Steve never heard about that and I see I should the bad thing market she can't do it until you retire okay has to stay in the stock fund until you retire but it will it can help shift a large amount of dollars out of your four one K. so that we don't have to worry about the the Roth conversions as much we also looked at it and said why don't we go ahead and put the money into your Roth accounts now so that we are paying a little bit more tax now but in the future it's got the availability for for growth with no taxation in the future we also looked out for them what we call the life insurance retirement plan where we were shifting some of their dollars into a life insurance plan the gives in the Vale ability to grow tax deferred they can take it out as a loan so there's four there's no taxes in for them the quote they qualified in it could double as long term care insurance they really like the idea and when they got done they said thanks for having us come in because it's the things that we hadn't heard about that are very important from talking to you sometimes you don't know what you don't know and that's the advantage of coming in and actually going through that full blown retirement analysis depending on your individual situation what's in your portfolio do you have some of that highly appreciated company stock there are a number of different options that Steve Mel D. N. and the team can walk through with you there.
Assault rifle discovered hidden inside metro Atlanta church, police say
"On it Peachtree city police reporting that an assault rifle found in a Catholic Church W. espys Jennifer Perry reports police say someone discovered an assault rifle at holy Trinity Catholic Church on Saturday it was founded a chapel hidden under a jacket in a Facebook post Peachtree city police say they're working diligently to find out who left the weapon there meanwhile they're asking residents to report any suspicious
"jennifer perry" Discussed on KMOX News Radio 1120
"Welcome back to the all financial our this weekend here with Steve all I'm Jennifer Perry I think there's a reason that so many songs have lyrics referencing taxes Steve because it's actually one of the worst annual chores I think we have to go through every here and I know a lot of people right now getting some of those tax documents in the mail we're getting ready for this but to do something a little bit out of the ordinary here on the show and we're gonna go in depth on taxes in retirement and how you can actually take more control over that maybe even get to the zero percent tax bracket in retirement because that sounds really nice especially with tax rates as they are today but this is something you talk about all the time in your courses through the yes you're learning center and there at the financial group to Steve you make taxes a priority why is that because I think it's one of the greatest cost before going to heaven retirement when I asked the question what's your greatest expense could be in retirement most people will say healthcare right and I'll say yes maybe the last three years of your life that could be true but over time taxes are usually the greatest expenses for people in retirement and people don't think of it that way because conventional financial wisdom said you're going to be a lower tax bracket in retirement and I just don't believe that to be true today yeah I just don't think it's true I think most people stay in the same are in a higher tax bracket in their retirement years it's one of those big surprises I think for retirees but to really understand what could happen to your taxes in the future I think we have to also look at the past year Steve when Ronald Reagan was president he summed up our tax problems in the way that really only raking could over the course of this century our tax system has been modified dozens of times and in hundreds of ways yet most of those changes didn't improve the system they made it more like Washington is so complicated unfair cluttered with gobbledygook and loopholes designed for those with the power and influence to hire high priced legal and tax advisers now Reagan had room to talk about this problem see because he wants limited himself just a couple of movies every year otherwise it would push him into the ninety percent tax bracket at the time I mean it's hard to believe that taxes used to be that high while backed in it which incomes in excess of two hundred thousand dollars were actually taxed at ninety four percent of just quit working and that's why I think he was an advocate if you just can't tax the wealthy they will stop working yeah so we start to look at kind of what's going on at this time you know we're in historically low tax brackets and when I ask people to question where they're at what taxes are way too high and I should but historically there low right when we start to look at it the conventional financial wisdom that said you're going to be in a lower tax bracket in retirement a lot of that came out in nineteen seventy eight that's when the four one K. came about are the tax rates at that time for the most the High Street was seventy percent so therefore the four one K. was designed for wealthy business executives so that they would be in a lower tax bracket they could differ or some of their income so that idea that you're going to be a lower tax bracket has continued from that date forward then we look at when did Roth IRA race come about they didn't come about until nineteen ninety eight oh okay Roth conversions happened in ninety seven that was the very first time that you could actually take money out of your I. reason for a one case and move it over because at that time it was that same thought you're going to be in a lower tax bracket and then at the four oh one K. Ralph's those of only been around since January of two thousand and six and I look at it to the point I think it was the government finally admitting you might not be in a lower tax bracket in return let's allow you to be used after tax money to grow tax free for the future pay the tax now instead of waiting to pay the taxes in the future because I can control the rate that I pay now in the future I'm up to whatever Uncle Sam decides they want to do right so we have to look about that so in my statement why do people stay in the same tax brackets what a tax deferred asset they reduce your ordinary income so you pay less taxes when you take the money out of your IRA account it is again taxed as ordinary income so if you've developed a lifestyle the takes ex number of dollars to live with you got it is a salary that's ordinary income or you take it out of your IRA accounts to meet that exact same income they're both ordinary income and you don't have to be in the highest tax brackets for this to happen okay yeah have you thought about what's gonna happen to your taxes would you have to take those required minimum distributions what about when your spouse passes away that single bracket is much lower then the married bracket those are the things that people haven't thought about what how taxes could affect them and how it will in a lot of cases allow you to go through your IRA retirement assets much quicker than you planned that's why we encourage you to plan FOR taxes in retirement and if you want to learn more about the history of those tax rates and where we could possibly have in the future this of course is coming up through the S. T. L. learning center where Steve Mel demand of the team really go in depth on this issue and help you plan ahead for what could be higher tax rates for you in retirement what are the things you can do to control that like to join us for our next sessions were taking some reservations during today.
Police: Officer-involved shooting at Atlanta mall
"B. oz investigating officer involved shooting Saturday night Evelyn X. square mall the latest now from W. S. B.'s Jennifer Perry a mall security guard tells channel two action news the shoppers were running for cover Saturday night as shots were fired in the parking garage in Atlanta police officer had confronted two armed robbery suspect simply say he was forced to shoot one of the men who refused to drop his gun this incident follows the shooting of a Macy's employee during a carjacking attempt in December two shootings in one month have mall employees on edge is Mike it's a safe place to work and
"jennifer perry" Discussed on KMOX News Radio 1120
"Thanks for joining us this weekend here on the all financial our here was Steve all I'm Jennifer Perry your member the movie this one's from right Steve no I'm here she just I have nine this is this is the sound track to run to all yes it is care for if you're in a race conscious start out too fast you start out with the dangers run way too fast sick the soundtrack to talk and tastic center and actually after this movies was released back in eighty six applications to the U. S. navy's Top Gun training program increased by five hundred percent it was a popular movie you're just telling me during the break there the to your son who's in his twenties had never seen this before we were in New York City over the summer and at her daughter's house and that was with us and we were all sitting there were talk going through the quotes you know the need for speed you know we just the different things that were said throughout the movie in map made the comment he's never seen Top Gun and I went what do you mean you've never seen top twenty because they have never seen the movie so we having said Megan immediately got the movie and yeah we played it and we watched it so he's now see that he's not like his father I wouldn't even want to count how many times I've watched right and I'm looking forward to coming back again you don't see maverick back in the air I think its chill June or July I promise you I'll be at the first night of the yeah that's gonna be a fun one can't wait to add that to our summer movie list here but the man who sings the song dangers on Kenny Loggins is celebrating birth thing number seventy two I couldn't believe that I had to double check the status I when I was doing the research this week stay but that means that Kenny's been in this are in D. zone for a while we talk about that a lot but thanks to passage of the secure act recently that are in D. zone is actually changed so can you break down for us what's new and different here the secure act with they did is they took the required minimum distribution H. used to be seventy and a half and they moved it to seventy two so you do not have to take a required minimum distribution now into your seventy two years old if you were one of those people lucky enough to turn seventy and a half last year you still have to continue to take your required minimum distributions you know get a year off or anything like that so the rates right now our remaining the same because the law was passed so quickly but they're talking about changing the rates and we're supposed to get those later in the year for the future but for two thousand and twenty they will use the old tables that was the part of that act that a lot of people liked because they don't like taking required minimum distributions because they don't need the money but the part that most people are not gonna like is the fact that the availability to stretch the IRA for your children you know non spousal airs they now have to spend that within a ten year period okay so that takes away that compounding of deferred gains for the child's life gets shortened to a ten year period to put them in a higher tax bracket in their old tire working much higher tax rates think about it when most of us pass away it's usually in our children's higher earnings years so they're in higher earnings years and they they now get to spend your IRA account within ten years there's no required minimum distribution on it the lawyers are going to be very happy I'm not a lawyer but a lot of the stretch you know that required a child to stretch the IRA some of that language is going to be different I have not heard from the lawyers how they're going to work at that but spending in over a ten year period could keep the kids into a higher tax bracket so it might be best to look at it now could I use some of that money to help offset with the taxes are going to be to my children in the future the thing I've done I've heard about this is you know clients command prospects come in and so many people have not heard about the changes on required minimum distributions to seventy two or the fact that the kids are going to have to spend them in no more than ten years right and this happened over the holidays so I understand why people didn't get the message and it's kind of buried in the headlines with everything else going on but these are changes that could really affect how your planning for retirement extending that are am D. age might give you some more time to look at some different tax strategies in those years what about that stretch irate too if you want to leave.
"jennifer perry" Discussed on NewsRadio KFBK
"Jennifer Perry my right now are you there I'm doing great Keith as always and looking forward to today's list because we really did try to boil it down to the five biggest things they can have the biggest financial impact on someone's retirement but you're right I think the list would probably be a little bit different for everyone who comes into the office there right well these are the basics these are things that for it's it's designed for people in that retirement redzone or already retired that's what it's all about so it's not someone in it I mean let's face it everyone will learn from this you know that's the beauty of of the show what the show is still number one on the weekends I have it we have fun with it we would like to teach but at the same time it's not designed for you know at twenty two year old kid you know do is get his first job in saving a few Bucks a four one K. truly designed as a time and show if you're in the retirement redzone already retired these are the things that really you got to focus on and it goes so far beyond just the investments which is what most brokers are advisors are talking to their clients about a big Keith you cover all five of these things that were going to discuss today you cover all of that when you're helping someone actually build their retirement master plan I think it speaks to the difference there with you why is different I mean doing this for thirty plus years an old school of financial adviser a lot of guys these days just don't talk about taxes and I'm not a CPA and I legally I can't give you tax advice and not doing that but in doing this long enough to know to give you a ballpark I know what to look for yeah I know that which is what he ask your CPA what do you tell your CPA that a lot of member CPA's are only looking in the rear view mirror they're not forward looking at some just what they are by design they cannot and are not qualified to put together retirement income strategies I just can't do that is that what their bill for you know we work with people one on one design customize retirement income plan a forward looking tax strategy that allows you to sleep at night get comfortably for retirement as I said a little earlier it's not about just throwing money at the market and and it's not about just how much you can make you your your past that the the gunslinger days are over that the days of Hey I just picked up on I made seven million percent in a nobody ever talks about their losers right rights and when you're young it's okay to have if you will when you're older make such a bigger difference and then you know I meet people I met a guy let it just happen to have a lot of a lot of apple stock I mean literally tens of millions of dollars in apple and yeah he's set for life at the same time the upside downside percentage the rest tolerance a standard deviation which is a level of rest the amount of volatility it should be reduced even if you have enough money you know remember once you've won the game stop playing I had a client years ago who came and I remembered the number specifically had like four point eight million dollars and came to me and had some big games on it and I looked and I said you've won the game the there's no reason to keep these high risk stocks have they done well for you and and never believe the crash came four point eight turned into I think was one point six or one point seven came back to me you know and the other guy that he went to to set out on selling you'll pay taxes I enough sometimes it's better to pay a small amount of taxes was a big amount of principle which is what happened right and he was set at four point five million well one point sixty wasn't set and we had to really tweak the retirement income plan really get specific with him as far as you know what was going to work for him in that way we're gonna help people get ahead of these five biggest threats to their retirement today on smart money keys but so we also have a very special offer today for ten of our listeners and that's for your free customize retirement income plan it also includes that forward looking tax strategy analysis there's just so much value in what you do for people it really is this is the cornerstone of ever retirement master plan you know you could pay anywhere from three four five thousand dollars for this but you know we only do this every once in awhile and we do it for free what kind of benefits actually go into this free analysis there's a ton I mean first of all will teach you how to pay less taxes and retirement how to get every nickel of social security that you're entitled to the difference can be hundreds of thousands of dollars in lifetime income how are you going to create yeah it's huge you gotta create an income stream in retirement you can never live we have inflation heating up we have medical X. Spencer skyrocketing and of course you've got to build your portfolio to get the best returns but with the least risk possible who really gets the most out of this when I call in today Keith is designed for people who are retired or that retirement redzone someone was a nest they that they want to protect but they still want to see it grow they just want less risk they want protection of the market crashes again someone selling a business or with a four one K. roll over well again.
"jennifer perry" Discussed on KMOX News Radio 1120
"Our here was Steve all I'm Jennifer Perry this is a little bit more your speed instead of fifty seven right play this song in college I I can actually play that on the guitar alone that okay yeah pick up the guitar again and try it out see how the system I don't know if my fingers tips we should take the pain that it takes to learn to play guitar baby Dodds but actually candy vet was born very close to your birthday turned eighty one this week just a day after you turn sixty just to remind you of that all day yeah you yeah to remind the entire show and I'm I'm okay with that you know I feel good for six yeah I do I'm pretty darn well there's Steve it's up to actually two years ago though Kenny announced plans for what he said at the time would be his farewell tour I've done this long enough I'm going to do a big worldwide tour and it's gonna be my last it's kind of I'm going to say goodbye so that was the plan Steve but unfortunately Kenny develop some serious health problems along the way the forced him to cancel that tour in go ahead retire early and I guess we all need to be prepared for the possibility that we could be forced into retirement sooner than maybe we planned it happens a lot he really does happen a lot you know many people are retiring earlier than they planned and in this case look for the candy the his health issues but a lot of times it's not the health issues of them it could be the health issues of their spouse right the health issues of a parent or a child the could cause them to retire early a lot of times it's happening with just with the work the company decides they're either going to downsize their sold the somebody else or the close the place so that is some forced some people and then a lot of times we have people that actually choose to retire earlier than what they plant and I think that's the best thing about having a plan put together in writing with the software in one of the things that we probably enjoy doing the most with clients and potential clients is when we have the software together and then we start to play the what if game what if inflation is higher what if it's lower what if I'm going to spend five thousand dollars a month ten thousand dollars a month for a change these numbers around how would it affect my retirement picture and then Mel always loves to do the zero test what if I just buried in the backyard it didn't make a penny on it the rest your life could you you stay retired AT and still cover that three percent inflation yeah so we do all kinds of things like that but I think having ended a written plan in in a software the give you the availability to change it very quickly because we do have the people that come and they're not planning on retiring until they're sixty five and they walk in and say I don't care for them doing at work today what would happen if I retire today so we just put images retired gives people that added peace of mind that if they want to work they can but they don't have to work and if they want to go take care of a parent or child they have the availability to do that also so it's very important to have the plan together so that you can start rearranging the pieces in place what if that's why we encourage you to get started on a retirement strategy actually several years in advance of when you plan to retire that way you can build some flexibility some options into that retire its strategy and if life happens if you decide you want to retire earlier that decisions made for you you.
"jennifer perry" Discussed on 106.1 FM WTKK
"Raleigh I'm Jennifer Perry hope you're enjoying your weekend thanks so much for making us a part of it and they were celebrating his was forty six years ago now the DB brothers release that one China Grove one of the songs they obviously have to play it every single concert otherwise people leave disappointed but not too long ago Ryan the duties were the guests here on our show and Michael McDonald talk to us and told us that even after all these years they still love singing the songs they still love what they do it's a lot of fun to still be doing it you know what I mean for us to get up on stage and play rock and roll and and and have people enjoy this great great thing in our age on doesn't mean that the next day we won't be on the freeway in the left lane with our players miles an hour the stage for the our we're we're still you know twenty years old in our heads you know okay so just for the record Brian today Michael McDonald is sixty seven years old yet he still feels like he's twenty in his head it is had maybe but I I don't know of anybody that I talked a little bit he's never mind closer to seventy eight said a I feel the same as I did when I was twelve I know I don't feel the same I don't recover the same I don't yeah that are you really notice that you don't worry however this yeah I get so you know things I used to be able to do and just on to the next thing can you say I'm is in good shape yeah out but I don't think you want to feel the said now if it's in his head and you know your perception becomes your reality yeah keeps a lot younger I think but these guys are lucky in that they stayed with the same job their whole lives they've been able to do something they really love their whole lives Brian but so do you have any clients who may be still work in the same field as when they first started out yeah we have several are select families that you know have their whole careers at you know local companies search stayed in the same field that thirty thirty five years or forty year careers I think it's less common I think it's more common more people stay in the same field may not be with the same company right we that people have been with the same company and maybe it's just been you know acquired or just been mergers but did literally band with the same core group of people and doing the same thing for thirty thirty five years was just phenomenal I I don't see that happening with millennials yeah I'm not picking on millennials ages it's just the reality of it is a reality technology is changing so fast and things turned over and you see people going into different careers and move in different companies and ECC more transition I I think with that and I just think the workplace is tougher and a lot of ways it's it's is not as much of a value on staying with one company and getting great benefits and have a nice pension and each this is changed and and so I I don't see that continuing a whole lot I mean I think the baby boomers that this generation that a lot of them are still there but you know I think for a future generations that'll be the exception as opposed to the rule certainly so and if you have been lucky enough though to enjoy what you do maybe have stayed with the same company for a long long time sometimes there's sort of this identity crisis I think that people go through Brian when they switch from something that they know and love to something entirely new and that's this whole thing called retirement so we're here to be that resource for you as you make that transition and if you have questions for Rollie's retirement coach about how to do that this weekend a couple of ways you.
"jennifer perry" Discussed on WHAS 840 AM
"I'm Jennifer Perry. John added. Again in Washington. Congress is now talking about a new tax on the sale of all stocks and bonds, you know, I saw that they were gonna pull this stuff. And let's be honest right now guys, you realize our country actually wanted to secede from England for a one percent tax on tea. And now they're going to start charging us on every single stock and bond sold in by the way, here's how crazy it is the new York Stock Exchange, the NYSE has not released with their average trading volume has been since two thousand thirteen I spent a good amount of time on this. But in two thousand thirteen there was one hundred and sixty nine billion dollars traded daily of you have a tax on that amount of money every single day. We'll let me pull up my hand the Abacus runabout now and find out what this means. Abacus is a little slow today. Hold on. That tells me the government would potentially make out of this one hundred and seventy million dollars a day. Our money. So if you figure roughly two hundred and fifty trading days in the normal year by that my trustee Abacus here about forty two billion dollars a year of money. They are hoodwinking off of us. Now, this is the Wall Street is already nickeled and dimed us fetus and skimmed off the top. And then they wanna do that tell you what ladies and gentlemen. This has got to end because our money belongs to us. And we need it more than ever when it comes to retirement. I do not support this tax. They do not deserve any more of our wealth..
"jennifer perry" Discussed on WHAS 840 AM
"I'm Jennifer Perry. John Wall Street star the year the same way it ended actually with more dramatic ups and downs. But I'm wondering is this kind of our new normal. What do you mean? It's not always been this way. It doesn't always up five hundred points by the end of the day. It's down two thousand you've got to be kidding me. I thought it was always this way. No. I think is unfortunately is going to be the new normal, and I hate to bust anyone's bubble out there. But now the Nancy Pelosi get that gavel and she's going to go after the president. I think it's gonna get worse. It's just unfortunate. But it's going to be more fuel to the fire in think about what's going on. We get China issues. We have a slowing global economy. We get trade deals. We're trying to figure out we get worried about impeachment processes and all this nonsense out there. The Democrats are going to create a ruckus, but let's not make it political. We have ten years deep now of a bull market that is showing signs of fatigue. So do I think that this year is going to be a abomination? No. But is it going to be a lot of volatility? Yes. And we got to be prepared for that. Off that bull starting their lose legs right now. John what's the average investor especially those getting close to retirement? What are we supposed to do? The first thing for everyone to understand you have to remove your emotions for making money or you won't you lose. It. You lose it. More people lose more money by trying to hold onto it. Then just by doing the right thing. So you have to understand what your risk tolerance is. And I don't mean some stupid form you fill out at ser twenty questions. And it tells you you're a ten on a fifty scale nothing like that you're going to understand how much can you afford to lose from here. Or would you rather? Just hold on to everything you have to ensure the tomorrow is going to be a brighter day for you. Everyone's different. But you gotta find out specifically what your risk tolerance is. And do it correctly. Get those answers with us today. Actually, you can sign up for that portfolio checkup with John right now at retirement.
"jennifer perry" Discussed on WSB-AM
"Jennifer, Jennifer Perry's in the studio with prudential advisors Waterson events you have coming up. Well, you know, I mean, I've been on here before you know, we always have some. Coming up. So in January, we do have a budgeting workshop timely for people who are interested in coming out. And learn how to better better budget your money. So that doesn't it doesn't control you. We also have a women and money event. That's going to be coming up at the I think it's January thirty first really just sitting around and talking about why it's different for us as women to plan for retirement and how to handle our money. In addition to that in February we have a couple of events at the mill in Roswell that are going to be retirement planning, a why it's different for women. And then we have a Valentine's luncheon every year, I hold Valentine's luncheon for all my single eighty clients. So if you're not client should be, but you can come out to the lunch as well and severe divorced or single or widowed. We'd love to host you. We're going to be having a luncheon coming and also one in bucket the bucket club. And then we have another ladies night out. I made you a whole series of those. We're gonna have a wine tasting and we're going to have. But this one is actually. Going to be in partnership with Lovie EMMY, which is a spa in Buckhead. So just a great opportunity for you to come out meet myself, meet my my partner Wilson, I'm sure my husband karma be there. Hope maybe you'll be there with your beautiful face. But if you're interested in coming just give us a call at four zero four four six one four nine eight six that's four zero four four six one four nine eight six or shoot me. An Email at Jennifer dot Perry Perry with an eye at prudential dot com. And all these events are free. They are complementary. You can come and spend some time with us bring a girlfriend bring a friend if you know, somebody who might be going through a change in their life. Whether it's divorce or that, they're looking to put more money away for retirement, or they just had a new baby or they just really need a second opinion because we all know, you can't get that from the person that gave you the first. Make sure that you give us a call. And we offer a complimentary consultation as well. So and and we have a great team of people that surround us at prudential, and we all know that our money is a place that we can all do a better job of clenching. Yes. And you know, a lot of times people don't wanna ask questions they're afraid that they've made a mistake along the way, and that's not. I mean, we're here to point you in the right direction. If you don't work with us, you don't work with us. That's fine. But you know, we wanna be a resource we have a lot of people that are asking a lot of questions especially to Eric right now is what's going on in the market what they need to be planning for. And we're just here we want to be a resource for you. And and point you in the right direction and answer questions, and what better time, I mean, the Mark is very volatile and things are changing very quickly. And you want your money to be as safe as possible? I mean, we work really hard for our money. So we want to be as safe as possible. So that is Jennifer dot Perry Perry with an eye at prudential..
"jennifer perry" Discussed on KTAR 92.3FM
"Sands mad nine Jennifer Perry. Lot of us hoping for a good Christmas break here from the volatility on Wall Street, we were talking about that before the show your guys at least the markets will be closed for Christmas day. And after the last couple of weeks, a lot of us will be thankful for that. But I'll be honest with you. I resisted the temptation to check on my own investment account statements or my 4._0._1._K because I'm not using that money, but you guys made an important point in our discussion a little bit earlier here if you're getting close to retirement or already retired. It's kinda hard to resist taking a peek at how your investments are doing at a time. Like this, isn't it? Well, you know, we do these workshops we have a few of them coming up here the beginning of the year, but one of the questions that I'll often ask because they'll say, you know, how many of you are paying close attention to your retirement accounts, when you were thirty and again, the rooms full of people that are, you know, fifty and sixty years old usually people preparing for retirement, and you'll get a couple of hands that go up usually the engineer in the room. That's been you'll mapping it out. So. Since he was a child as far as how investments are going. But then I'll turn around and say, well, how many of you have recently been looking at it. You know, what you're going on with your accounts in every single hand went up in the air and bottom line is again, you know, twenty and thirty years before retirement a lot of this aren't real focused on what our dollars you're doing where we're at how much is it growing? You know, am I ready to be able to retire? But as we get closer to that time as we closer to when we wanted to be done working. You know, that is a big thing on people's mind. That's something that they're worried about is probably in the top five things that they're paying attention to. And so they're obviously checking what's going on with your accounts and the ups and downs have a lot more emotion to them again because they look at that and say, man, I just lost all the money. I put in this whole year in my contribution. I just lost that in in three months or man. I just went up. I just you know, it just you know, increased how much went up by ten thousand dollars. It would taken me, you know, two months to save that or whatever. And so, you know, the motions the ups and downs, really? Impacting people as they get closer retirement because they're paying more attention to their dollars at that point. They guys can we talk about how we maybe need to adjust our expectations, especially with the volatile markets like this because as we were talking about earlier 2017 with such a great year for most of our portfolios. This is very different. So how should we adjust our expectations going forward? You know as you approach retirement. We always tell people, you know, slow and steady wins the race. You want to have a portfolio that's a Justin. So that you don't have huge swings. But you do have to understand that when the market does what it's doing now, especially with every single asset class being down even bonds right now, you're gonna have some volatility, but you you wanna take that into perspective. And look back and say do I have a good long-term plan that accounts for some volatility in the market. And when we build these plans, you know, we're always telling our clients, look, this is not going to be perfect. It's not always going to be going up three or four or five. Six percent. We're going to have some times where there's some volatility, but we've accounted for that. And we have some vehicles that are going to have no losses at all. We're going to have some that will take some losses and in doing that having a good plan that we know, and we can look at it and say, well, yeah, this year, we haven't really gained much. But if we look at the last three years, we are still positive and on track for what we're trying to do then we can be good. And and we know that our income is going to be secure and for those people that are in retirement. You know, we've accounted for that as well. And we we have put things in different buckets. So that when the market is down like this. We can take income and do it from places where they're not taking losses. So that you're not breaking that cardinal rule of taking income when the markets are down. And so, you know, it's about just understanding your overall plan and the Justin your expectations and not getting caught up in the the emotional roller coaster, and that's hard to do right now with all of the the headlines as we turn on the news. Everybody's freaking out and panicking the market's down x amount today. But aren't looking at and saying well for the year in general where we're right here for the last two years, here's where we're at. And it just it takes having that commitment to a good plan. But you know, in order to have that commitment you have to have that plan in place. I and you have to have the right perspective. Guys. I think.
"jennifer perry" Discussed on WMAL 630AM
"Here with us TC. You're listening to about federal benefits with winter trucks. Will I'm Jennifer Perry. Took us out online today. We have a lot of great resources for you. There at winter, truck, soul dot com and interesting winter. I noticed recently that the IRS has added a new feature to its own website to allow you to do sort of tax reform checkup of sorts on your withholding amounts for two thousand eighteen but I'm wondering from a retirement perspective. What kind of checkups should we be doing when it comes to that retirement tax strategy? Teach you have to bring up taxes. I did I went there this weekend. The pain. And you know, it's thinks about taxes at retirement. What's that many get put into a corner? They get boxed in as it relates the taxes. Did you know that box, Dan, what do you mean by that? Well, when you save a dollar, whether it goes into your 4._0._1._K or TSP how you save that dollar and then decide to accumulate it dictates. How it's going to be taxed many years down the line true. Yeah. Right. Isn't that weird that we actually make a decision in our thirties? Forties and fifties money. Money's going to be taxed our sixties seventies and eighties, especially for money that goes into the TSP. So if you came to me, and you're close to retirement, you'd say, hey, winter, you know, what I want? I would like tax strategy. Then. That's a tough one to ask is an end because many people have a supermajority their assets in money that's fully taxable. And there's very little that we can do about it. I guess we just give up. That the answer give up give up. No. So, but you know, what Jennifer. And I think a lot of people aren't quite sure how to maximize the retirement when the TSP is going to be taxable. What can we do about it? But you can do something about it. And we've talked about before taking advantage of the new tax law. But I think we can get even more strategic. We don't have to be dependent on tax rates to have the most appropriate withdrawal strategy for money. So the first thing to keep in mind. You're listening to s- after noon is that if you have of several years to retirement, you want to reevaluate how much you put into the before tax TSP versus the after tax TSP, right because every dollar that you're saving now is going to dictate the type of tax strategy that you can have in retirement, if you're close to retirement, you wanna go buy lottery ticket if you're close to retirement, you wanna buy a lottery ticket not for the reason, you're thinking you're thinking, you need it because I'm saying you need more money. The really reason why you need is because it is your lucky day for all of those who have over-funded their before tax accounts. You have basically have that discount that tax discount? We keep talking about every Saturday afternoon through the new tax law for the next five to eight years. The ability to retrofit your situation with no pain. Even save a little bit of money. So. Taxes? You have to have the appropriate withdrawal strategy to make sure that you're not paying more taxes than the quality of life. You're living. What does that mean? What that means is that you have just the right amount of money into accounts that are producing income for you in retirement, just the right amount that the tax you pay matches the quality of life that you live. And anytime you put yourself in a position where you're paying more taxes than you should. It needs to be corrected. And so to know if you need to retrofit your own situation, you have to have a way of measuring where you stand right now..
"jennifer perry" Discussed on WMAL 630AM
"Saturday afternoon, here on WMA Al here with. Winter trucks Jennifer Perry you're listening to about federal benefits and if you have questions about your federal benefits drops that E mail. Through our web site today at winter trucks dot com A winter at a recent letter to his investors Warren Buffett said that. At some point in the future we'll? Probably lose fifty? Percent or more of our. Portfolio. In a market crash now he. Didn't get too specific here he didn't try to predict exactly when. But most of us would be devastated by that kind of loss in our portfolio so what do. We do, about this do we listen hold. On just a second okay I need a second, a second I'm going to pull all of my money out of the market Because Warren is warning us yes kidding I'm kidding but don't we wonder about all these. Predictions yeah when they're, right when they're wrong I mean it's interesting there's a group c Exo advisory. Group, tracks public forecasts of self proclaimed market timing gurus. And rates their accuracy okay should be interested to hijack, this topic because I have to share this case came across in the last. Couple of days so this is courting. To from data ranging from two thousand, and two thousand twelve it tells us scientifically an advisor would have to successfully predict. The market and be right seventy four? Percent of the? Time to beat the market. So. In other words three quarters of. The predictions would have to be right to beat the market wow In their study, they did not find any advisor India states who met the seventy four percent. Requirement All right and there are some names. On, here that you might recognize. There's Marc Faber? And who successfully incited many times over. In publications forty four percent of, the time he guesses right SNP outlook is a publication guesses correctly forty eight percent of the time even Ken Fisher who I see all over my computer because I search financial topics and. I can't even imagine how? Much money he's been an advertising, barely over? Fifty percent of the time does he get it right and so it tells us, something doesn't it it tells us that we don't really know win the next. Downturns going to happen but we know it's going to happen because that's how business cycles work, in so I don't know if you. Enjoy running on the hamster wheel trying to figure it out you're a better man than I am and maybe it's because I'm too darn tired after raising two. Kids, and doing the, radio show that I just can't run on the hamster wheel at the time yeah So what do you do if you're participating in the market you're considering. Retirement where. The road is unknown in all of the people that you could pay to successfully predict the future might not be able to. What, do you do what can. You do about? It so I recommend is that you. Segregate your money this is going, to be a new thought for many of you it's going to be a new thought because if you're listening as a federal employees today you're like many others before you who saved a. Majority of your assets into? The TSP which is just one, account and? Maybe if even you've saved money into IRA's and and other investments or your spouse, has a 401K that your investments look very very similar and you'll know this. If they've all gone up in the last nine years or if they all went down in, two thousand eight because they're all connected. To the same market and so if you could envision starting to quarantine your assets off having some deliberately safe assets segregated in removed from those that are of. Moderate Risk. And then removed from those that are more aggressive in the market you can start timing out your withdrawals in retirement in insulate yourself from volatility Simple advice no one. Has a crystal ball in the market many even Warren Buffett but we can still. Do something about it and I would start with segregating your assets so, their assets are timed up with.