Don’t listen to doom and gloom strategist. Today I explain why you shouldn’t be fearful of the market

The S&P was the focus of last week with the Feds announcing they were going to raise federal funds rate. Are we seeing an increase in estimates for bank earning as a result of another rate increase? Will banks be able to grow revenue and lend without excessive regulations? The midyear “doom and gloom” strategists are out predicting US markets to stay flat and we are due for a decent correction. I also discuss why you should consider investing globally as emerging markets make up 40% of global growth. Other topics include:

• Why you shouldn’t worry when financial gurus forecast the next financial disaster
• Lucy asks if she should accept the 15% rate increase from her long term care insurance policy or reduce her benefits
• Realistic planning for retirement when you’re way behind
• 1035 Exchange- one option for using life insurance to pay for long term care costs
• Should Dave shift all of his contributions to a Roth 457?

 

 

Planning for retirement can be complicated, but focusing on a few essential issues could help increase your income in retirement and your chances of enjoying a secure future. Join Rob Black and I for lunch at our 11:00 a.m. retirement seminar in Burlingame on July 13th. Click HERE to sign up!

 

 

Email your money question to [e-mail] , or call the show at 1-800-516-1220 from 2:00-3:00 p.m. (PDT)

 

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.NewFocusFinancial.com.