Preview Mode Links will not work in preview mode
Listen to Money Wisdom with Jake Doser, CFP®, CPWA® and Nicholas J. Colantuono, CFP® and gain key financial insights to help you make informed decisions for your future. Jake and Nick aim to provide clarity and guidance, addressing your questions and shining a light on the real financial challenges facing today’s retirees.

May 1, 2020

No one can predict exactly how the economy will recover from this pandemic but we can consider a few different possibilities. Joel explains the most common types of recoveries and what that might look like for our current crisis.

 

Read more and get additional resources here: https://johnsonbrunetti.com/?p=5284 

 

Today's show schedule: 

0:19 – Four types of market recoveries based on shape.

0:39 – The V-shaped recovery.

1:47 – The U-shaped recovery. Is that still a possibility?

2:31 – What makes a W-shaped recovery happen.

3:33 – How does the hockey stick recover work?

4:48 – The administration’s reaction to this crash has been swift and gives us the best chance to come out of this quickly.

5:52 - How the system almost seized up.

7:56 - Mailbag Question #1: I’m recently divorced and have just received money in a QDRO as part of our settlement. What are my options for what I can do with this money?

9:45 - Mailbag Question #2: I’m thinking about putting a large portion of my savings into cruise ship companies. They’ll eventually start sailing again and prices will go back up, right? I’m willing to wait.

12:00 - If you need to have a conversation about recovery, here’s how to do it.