Tag Archives: 401k Maximums

December 2020 Financial Planning and Capital Market Review – Goodbye Year – Hello 2021 By John Kvale

Hello and Welcome to our December 2020 (yes the final review of 2020!) Financial Planning and Capital Market Update!

If you are too busy to read, feel free to listen as we describe our post and thoughts in friendly podcast audio format as well as Video!

Newbies –

We like to articulate our thoughts and review on a Monthly basis our Financial Planning Tips, Capital Markets and current events!

Hope you enjoy!

December 2020 Video – Final of Year


Financial Planning Tips

Retirement Levels and Contribution Amounts

In our post here, we review the coming 2021 Retirement levels of contributions and max amounts….

With the most popular highlighted and also matching the catch-up amounts, there are a few changes, but for the most part much of the same from last year 2020 !

Money Begins Moving at a Snails Pace

Oddly, something we had not experienced before…. early in the Month of December, as mentioned here in our Warning Post — money slowed to a trickle pace…

While not sure if this was a result of remote workers, last minute movements, procrastination or a combination of all, money slowed alarmingly…. So much so that we have marked our calendars for an earlier start to year end “Stuff” for 2021 !

Thankfully we are happy to announce, we made it through with not too terrible of delays… but got me once, shame on you …. you know the rest !

Capital Market Comments

Why Price is So Important

In a carefully chosen extreme example, meant to remind but not alarm, in this rewind/remember 1999 post of what can happen if price is not remembered, we show the length a badly timed “all in” purchase – again carefully chosen can take almost two decades to get back to even…

“Price is what you pay, value is what you get!”

Final Thoughts As Year Ends

As the year wound down, we shared a collection of points that we hope made you chuckle but also had some serious items as well…. here in this post. If you missed it … worth your time!

There you have it, so long 2020 – That is your December, final for the year review.

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.

A Dallas Texas based fee only

Financial Planning Total Wealth

Management firm.



November 2016 Video, Financial Planning Tip and Economic Review- By John Kvale

Here is our November 2016, Financial Planning Tip and Monthly Economic Review, along with a Video for your viewing and listening pleasure. Hope you enjoy!

November 2016 Video


Financial Planning Tip –

Check that 401k or other retirement plan for maximum contribution

  • $18k is the maximum deferral for most 401k and other similar plans, especially in the corporate arena
  • Those at age 50 or greater get another $6k- added to above is $24k total!
  • Without regard to the company match, max this total amount if possible
  • Taking a peek at your YTD paystub will confirm your deferral amount
  • If you are not there, turn the jets on and up your withholdings
  • When January comes, be sure to lower the deferral rate

Capital Market Movement

Stunning Move in Interest Rates

We have crowed for months (maybe longer) that too low of rates could be a hamper on the Economy, doing more harm than good. We are not changing our tune now!

This from our Mid-Year 2016 Newsletter and JPMorgan:


Initial headwinds, may occur but eventual greater fixed income returns may be around the corner.

When rates first go up, bond prices drop…the longer the term (i.e. 30 year) the more they drop. Eventually as bonds mature and re-invest at higher rates, the net result is bigger income …. ignore the top line for a while, just enjoy soon higher income may be advisable.

5 Year (Shorter) Rates Move



This is the 5 year treasury…. yea the 5 year, that is a short time frame. It was under 1% just a bit back in our rear view mirror. Today, near 1.8%, which is where the 10 year was recently.

Barring some type of crisis, a rate increase in the super short fed funds rate (think checking accounts) should be on the docket for December. 

Oh, did we mention there was election this month?

Have a Great Day!

See you in 2017 !

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
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