About this episode
(1/3/23) The watchword for 2023: "Muck." Predictions for the markets: A tough year ahead; making financial resolutions: What can you control in your household? There will be new taxes this year. Where have all the go-getters gone? Act your wage; not finding worth in work. some families can collect six-figure incomes by staying home; waking up early & making your bed; setting up an emergency fund; Secure Act 2-0: Incentivizing savings; RMD Ages increases; expectations for workers to work longer into old age. The Fed is the foe; passive investing will lose its allure; using Secure Act to take advantage of tax law; The most expensive vehicle this year will be the shopping cart; penalties for missing RMD's; database for lost IRA's is a retirement fund lost & found; Clothespins, Duct tape, & Buzz Muck Year; indexing inflation for savings accounts; rules for managing longevity risk. SEG-1: Financial Resolutions - What Can You Control in Your Household? SEG-2: Acting Your Wage SEG-3: RIA Education: Missing RMD's SEG-4: Encouraging Savings w Secure Act 2-0 Hosted by RIA Advisors Director of Financial Planning, Richard Rosso, CFP -------- Watch today's show on our YouTube channel: https://www.youtube.com/watch?v=jSdh_Tr1ePM&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=2694s -------- Our previous show is here: "Four Things To Do if You Lose Your Job in 2023" https://www.youtube.com/watch?v=RjsU8egviN8&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=2683s -------- Articles mentioned in this podcast: "Forward Returns Will Disappoint Compared To The Past Decade" https://realinvestmentadvice.com/forward-returns/ -------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to RIA Pro: https://riapro.net/home -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #InvestingAdvice #2023Resolutions #SecureAct2_0 #NewTaxes #RetirementSavings #Markets #Money #Investing