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Retirement and Money MattersAuthor: John Dubots
Planning for retirement is not a "one size fits all" process. We all have different needs and goals and it's important to work with an advisor who understands ours. John Dubots has spent nearly 30 years serving the people of the Inland Empire and the High Desert. As a fiduciary, his #1 priority is the financial success of his clients. John's goal is to help clarify the confusing aspects of retirement and to paint you a clear picture of your pre- and post-retirement planning. Language: en Genres: Business, Education, Investing Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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What Happens to The Market if the Election is Contested?
Friday, 30 October, 2020
It's possible we could have another contested election result and won't know a winner for a while. What happened to the market last time that happened? The 2000 race between George W. Bush and Al Gore took 5 weeks to sort out. During that time between election day and New Year's Day, the market dropped 7.8%. If you plug that into today's market numbers, it would be a drop over 2000 points. We're going to take you back in time: Do you remember anything special that happened around this time (10/22) in 1986? President Ronald Reagan signed a major tax reform bill into law. Among other things, it lowered the top income tax rate from 50% to 28%. Unfortunately, it was not permanent. Since then, Congress has raised the top rate to 37% … and it looks like more tax hikes may be on the way. So, I'm guessing this might be a good time to consider having a tax strategy for our retirement? The time to act is NOW. With the Election days away, big changes are coming - one way or another. Get prepared TODAY! Call John for a Complimentary Consultation!
