Recessions and market declines are going to happen. What are the lessons we can learn from the Tech Bubble of 2000's and the Great Recession of 2008?
Devin shares the 5 lessons he learned during the two most recent market declines while being a financial advisor:
1. Market declines are normal
2. No one can consistently predict market movements
3. The best days hang out with the bad days
4. This time is not different
5. The greatest threat to your portfolio return is not the market
You can read more at http://socialsecurityintelligence.com/5-lessons-ive-learned-market-declines
Do you know what to expect from a great Financial Advisor during market declines?
Straightforward Advice
Truthful Activity
Proactive Support
If you don't have an advisor who can help you through the downturns then contact us at http://www.bigpictureretirement.net
Non-Probate Transfers, Trusts, and how the Beneficiary Designation trumps any wishes you express in your Will.
These are just a few of the things you NEED to understand so you can avoid making a major mistake with your estate planning.
For more information, visit http://www.bigpictureretirement.net/21
Linda and her husband have been raising their grandchildren since birth. Both of the children’s parents are alive. Do the grandchildren qualify for Social Security?
Clyde asks if there is any situation where you would roll an IRA into a 401k? It is an unusual situation when this makes sense. Listen in to find out more.
Notes from today's show can be found at http://www.bigpictureretirement.net
Experience is a great teacher. David Waldrop has more than 15 years of experience, the same as John and I. He comes on to share stories from his history - and how human emotions come into play when making investing decisions.
For more information on how to work with us, visit http://www.bigpictureretirement.net
In Part 1 we covered credits, earnings limits, and more.
In this episode we finish the series by talking about: Length of marriage rules Spousal Benefits vs Survivor Benefits How you are taxed on social security benefits and more.
If you haven’t listened to Part 1, find it here: http://www.bigpictureretirement.net/episode-17-part-1-social-security-basics