Transcript: Tom Vaughan: Hello, everybody, welcome to Thursday. The S&P 500 was down about .9%, today. A lot of red on the screens today all together, across all of the different indexes. And really, the main catalyst behind this seems to be a variety of different things, but one of the things is that the
Save and Utilize Employer Matches to Get to Retirement Transcript: Katie Nealis: I’m 24 and I have zero retirement, how can I get on the fast track to a successful retirement? Tom Vaughan: Well, as I mentioned, most people save most of their retirement money from 55 to 65. So, if I forgot the stat,
Tom’s Tales of Retirement Planning Mistakes Transcript: Katie Nealis: What are some mistakes you have seen some clients make that you want to warn others about? Tom Vaughan: Okay, I’ll give you a story actually, because it’s kind of interesting. I had a client who came in, actually got laid off in the 2000 downturn,
Transcript: Tom Vaughan: Hello, everybody, welcome to Tuesday, the s&p 500 was down point 2% today. And really, you know, one of the big catalysts today had to do with this big ransomware attack, a company called Cassia, that provides software to companies was hacked, and then they got into the customers and maybe up
Tom’s Thoughts on How to Plan for Your Retirement Transcript: Katie Nealis: I’m approaching retirement, what kinds of things should I be looking for in preparation? Tom Vaughan: Okay, that’s a great question, actually. Because here’s my outlook on on finances as a whole. You know, there’s essentially goal based, you know, if you really
Tom’s Thoughts on How Inflation Might Affect the Market Transcript: Katie Nealis: I’m concerned about inflation, when inflation caused the market to go down. Tom Vaughan: Yeah, what we call the Goldilocks zone. And so this is something you’ll hear all the time about the economy, where it is growing, you know, not too little,
Transcript: Tom Vaughan: Hello, everybody, welcome to Thursday. The S&P 500 was up a half a percent today, and actually everything was up. The NASDAQ was down at the beginning of day, but it turned around and came up; The Russell 2000, the Dow. Was actually a pretty good day, we had some record closes
Tom’s Thoughts on Maximizing Your Social Security Potential Transcript: Katie Nealis: So my friend told me I’m better off taking Social Security dollars rather than withdrawing from my IRA, because only 85% of my benefits may be taxable. Is this correct? Tom Vaughan: Yes, well, it’s correct in the taxation standpoint. So for example, if
Transcript: Tom Vaughan: Hello, everybody, welcome to Wednesday. The S&P 500 was up just a little bit over .1%. Today, the big winner today was really the Dow. First time in a while that we’ve seen the Value Stocks kind of outperform the stocks that did well last year. But, it’s bound to happen, we’re
Tom’s Advice for Paying the Price to Earn Money Transcript: Katie Nealis: Do you have any good tips to avoid capital gains taxes from investments, inheritances, etc.? Tom Vaughan: So first of all, from an inheritance standpoint, under current law, you get a stepped up basis. And this is something to really understand because I’ve