We’d like Tom’s Thoughts on Whether we Should Convert our IRAs to Roth IRAs. Transcript: Katie Nealis: At the start off with the first question here. Thank you, Tom. Well, the first question that we have in the question bank is, should I be converting my IRAs to Roth IRA? Tom Vaughan: Okay, yes, this
We ask Tom What is a Good Area for Investing in the Market Now? Transcript: Katie Nealis: What is the best area of the market to invest in right now? Tom Vaughan: Yeah, I think I get asked this quite often actually. And it’s, it’s really difficult to say best, right? I mean, there’s so
We ask for Tom’s Thoughts on the Biden Administration’s Infrastructure Plan. Transcript: Katie Nealis: Great. Love that visual, Tom. Thank you. Um, yes, we have another one from the question bank, “What do you think about the new infrastructure plan?” Tom Vaughan: Okay. So obviously, the infrastructure plan was announced a couple of weeks ago
We ask Tom if the Reopening and the Rollout of the Vaccine Have an Impact on the Market? Transcript: Katie Nealis: Thank you. We have another question from Taylor. “How do you see the rollout of the vaccine affecting the market? Is there something we should do to prepare for market changes that come up
We asked Tom What, Aside From the Usual Things, Should be Considered by Those Planning to Retire. Transcript: Tom Vaughan: Okay, so what Katie’s asking is, “Are there any retirement expenses that people have asked about in the past that they’re not counting on, that they should be counting on?” So it’s really important when
We ask Tom How to Plan for a Parent Perhaps Needing to Go Into a Retirement Home. Transcript: Tom Vaughan: Okay, so what Katie asked was a really interesting question, actually, “My mother’s about to go into a nursing home, what’s the best way to pay for that?” Well, a couple of things that come
Tom’s Outlook on the Market for the Remainder of the Year Transcript: Tom Vaughan: So Katie is asking, “What’s my outlook for the stock market for the rest of this year?” Here’s my path, or the theme that I’m really looking at very strongly in, it’s pretty straightforward. Over the course of this year, the
We ask Tom When is the Right Time to Retire? Transcript: Katie Nealis: “I’m trying to decide if I can afford to retire. What’s the best way to figure out when to retire?” Tom Vaughan: Yeah, this is one of the most stressful periods, at least financially that that people run into, outside of not
We ask Tom if We Need to Take All of Our Required Minimum Distribution: Transcript Tom Vaughan: So Katie’s asking, “I don’t need all of my Required Minimum Distribution. Do I have to take that?” So that’s really interesting actually. Because that’s unfortunately fairly common within my practice, where people have built up a lot
We want Tom’s Definition of Socially Responsible Investing. Transcript: Tom Vaughan: Alright, so Katie says we have a question about Socially Responsible investing. And she’s asking just, “what does that mean?” So, actually, my practice started in 1987. And really, at the very, very beginning of that practice, I’ve always had a social responsibility set