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.
Have you taken a look at how the calendar falls this year ?
If not, take a minute to look, it requires extra planning as it will be a FAST month… As planners we are attempting to determine what days will be the holiday honored?
Looks like New Years will be honored on Monday, January 2, 2017!
All else is up for grabs….
Today is a Friday and after a heavy week of posts, we wanted you to glide into your weekend…. Enjoy and watch out, it will be the end of the year before we know it!
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which investments may be appropriate for you, please consult your financial advisor prior to investing!
Background
The is the vocal portion of J.K. Financial, Inc. a Dallas Texas Based Fee Only Total Wealth Financial Planning Firm. Founded by John Kvale, a Dallas Texas Fee only Financial Planner and Total Wealth Manager.
$treet-¢ents 
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
YouTube
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.
jkfinancialinc
street-cents
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Posted in General Financial Planning, Investing/Financial Planning, Market Comments, Podcast, Retirement Planning, Tax Related
Tagged 401k Maximums, Break Even, December, Price Importance, QQQ, Retirement Benefits, Review, Roth Maximums