In This Issue:
1. Investing When it Hurts
2. Proposed Retirement Changes
3. Quarterly Meeting
Top Topics is a timely email for Acadia Clients only. We are providing information or guidance on current issues of great importance to you.
Springtime flowers, Jackson Square, New Orleans, Pintrest
Spring is in the Air!
The flowers finally got the memo that it was safe to bloom! What a beautiful and refreshing time of year. With the season of renewal upon us, it is time to think about your Quarterly Review Meeting. Read below for details.
Topic: Investing When It Hurts
Few things have made less sense these last several months than some of the market and economic activity. Although I addressed this in a recent Acadia Lagniappe, I want to be clear to any of you who may be concerned:
1. Stay the course. Do not let short-term volatility distract you from your long-term goals.
2. Focus on your risk tolerance and timeline. Period.
3. Still feel nervous? Call me and we will talk about it.
Better: Schedule your Quarterly Review Meeting and we will discuss exactly how this is affecting your portfolios.
Topic: Proposed Retirement Changes
The House recently passed legislation called SECURE ACT 2.0 which may have a significant impact on your retirement plans. Just one example is raising the Required Minimum Distribution (RMD) age to 75.
Again, these changes are proposed (Senate approval comes next), but we will discuss everything at your Quarterly Review Meeting.
Topic: Quarterly Meeting
Please be sure to schedule yourself for a Quarterly Review Meeting sometime between now and 30 June. We will conduct a complete assessment of your financial situation and determine what, if any, changes need to be made as we approach mid-year.
Tax return(s): If I have not yet reviewed your return(s), please upload them to your Vault - Shared Documents folder. I will look at every detail and provide feedback or observations via email or a meeting.
If you have filed ... then we may need to discuss updating your withholding(s). The "new" W4 is a challenge, but I will help you figure it all out for 2022. Also, the IRS has an excellent withholding estimator we can use to zero in on your anticipated taxes for 2022.