S3E41 – Retirement and Markets Over the Next Four Years
- Author
- David Shotwell CFP(r) and Nick Nauta CFP(r)
- Published
- Tue 19 Nov 2024
- Episode Link
- https://blubrry.com/kitchen_table_finance/138681006/s3e41-retirement-and-markets-over-the-next-four-years/
In this episode, we explore the potential impact of recent political developments on retirement planning and market trends over the next four years. With Dave on vacation, Cole Williams, our associate advisor, steps in to discuss the implications of the presidential election and the upcoming sunset of the Tax Cuts and Jobs Act. We also touch on tariffs and their potential economic ramifications.
https://youtu.be/GGUpKS18eOs
Key Topics Covered
Impact of the Presidential Election
- The role of the election in determining tax policies.
- Analysis of the Tax Cuts and Jobs Act, set to sunset in 2026.
- Examination of political gridlock and its implications for tax legislation.
The SALT Cap and Tax Deductions
- Explanation of the $10,000 SALT cap and its effects on taxpayers.
- Discussion of the Alternative Minimum Tax (AMT) and its relevance.
- The implications of the higher standard deduction introduced in 2017.
Market Reactions and Economic Consequences
- Positive market response following the election results.
- Discussion on corporate tax rates and the Qualified Business Income (QBI) deduction for small businesses.
Conclusion
We encourage our listeners to contact us if they wish to explore the political aspects discussed further. If you have any questions about your retirement planning or investments, please contact Shotwell Rutter Baer.
Call us at 517-321-4832 for financial and retirement investing advice.
Subscribe and follow us to stay informed about changes and updates regarding tax legislation and market trends to better plan your financial future.
About Shotwell Rutter Baer
Shotwell Rutter Baer is proud to be an independent, fee-only registered investment advisory firm. This means that we are only compensated by our clients for our knowledge and guidance — not from commissions by selling financial products. Our only motivation is to help you achieve financial freedom and peace of mind. By structuring our business this way we believe that many of the conflicts of interest that plague the financial services industry are eliminated. We work for our clients, period.
Click here to learn about the Strategic Reliable Blueprint, our financial plan process for your future.
Call us at 517-321-4832 for financial and retirement investing advice.
