May 29, 2020
Joel and the team have returned back to the office now that the northeast is beginning to open back up, and people are curious how the planning process might be changing. While some things might be shifting, our four core philosophies will remain entrenched in everything we do.
Read more and get additional financial resources here: https://johnsonbrunetti.com/?p=5378
Today's show schedule:
0:34 – Joel and his team back in the office again.
1:46 – Are people shaking the complacency and ready to get going again?
2:56 – How is the financial planning conversation different now than it was before?
5:46 – The four core philosophies we preach
9:36 – How are these philosophies woven in to conversations with clients?
14:23 – Mailbag Question #1: I’m thinking about starting my own business but I would have to pull money about $75,000 out of my IRA, which would require paying taxes and penalties. I’m not scared of those penalties but interested to hear your take on it.
17:09 – Massive wealth is built without diversification.
19:09 – Mailbag Question #2: My mom passed away and left me about an IRA of about $350,000 in it. What do I need to know about this account and how should I invest it?
20:44 – Mailbag Question #3: My kids are both in their 20s and have been furloughed. They live with us so expenses are limited, but I’m wondering how to best help them financially during this time.