Welcome to our Video and Audio Podcast Review of our Q2 2021 Newsletter. For those on the road or just unable to grab the time to read, our podcast type review gives you the behind the scenes insight to our thoughts, observations and deep views of the entire Newsletter.
Click the Download button below, for a direct link to an electronic version (an early peek-good ole fashion paper versions are on their way to you shortly) and here for our Newsletter page
Let’s get going! We hope you enjoy!
Q 2 2021 Newsletter
Social Security Earnings Record Check Reminder
In our lead article of the Q 2 2021 Newsletter, we remind all of the importance of checking your Social Security Record, no matter your thoughts on the longevity of Social Security….
Additionally we walk you through step by step on how to do this and also how to set up your SSA on line account!
Secure Act – Possibly Forgotten But Important Changes
With the passing of the SECURE act, the old age of 70.5 mandatory RMD (Required Minimum Distribution) was pushed to age 72.
Many times, it is not appropriate to wait until this age, depending on the location of some assets. EX Large IRA compared to other non iRA investment, Tax Brackets, One Off income Years
For those where it is appropriate to wait until the latest possible date, you can actually wait until the year AFTER you turn 72 as long at you take the distribution before April 1 of the year AFTER turning 72.
Warning, in almost all cases we discourage this last maximum delayed technique as it ends up forcing two RMD’s in the same tax year of your 73 birthday.
Buffet Valuation Indicator
Warren Buffett, the usually closed lip investor, years ago mentioned his macro Valuation indicator which is shown below.
It has never flashed “Over Valuation” as much as it is now!
Expecting tremendous Earnings Growth to help turn this indicator around and head the other direction!
We hope you enjoy … talk to you in the Summer!
John A. Kvale CFA, CFP
November 2017 Podcast Video, Financial Planning and Capital Market Update- By John Kvale
Here is our November 2017 Monthly review. If you are too busy to read, feel free to listen as we describe our post and thoughts in friendly podcast format.
November 2017 Video
Thank You Holiday Party Goers!
Financial Planning Tip(s)-
RMD – Required Minimum Distribution Reminder
In our post here this month, we reminded all of those with birthdays between 7-1-46 and 6-30-47 that have the unique option of deferring their first mandatory RMD taxable distribution to next year, but if you do that will mean you need to take two distributions in the same year.
The first year is the only time we get this option, all the future years are mandatory with not option.
Capital Market Comments
A lot of positive indicators – Markets taking notice
It appears the US and Global Economies are finally making a synched recovery. Capital Markets are taking notice.
As we mentioned here, Unemployment rate hit a very low 4.1%
This time, International Markets have wind in their sails as well….
MSCI Global Index
See you on the other side of a New Year !
Happy Fall Season!
John A. Kvale CFA, CFP
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
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Posted in General Financial Planning, Investing/Financial Planning, Market Comments, Monthly Review, Tax Related, Video
Tagged Deferred RMD, EFA, Global Growth, MSCI, Required Minimum Distribution, RMD