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The Mid-Year Checkpoint: Is Your 401(k) Sill on Track? · Money In Motion with Klaas Financial

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  Speaker 1: And they are open to you right now.
• 0:02
  Speaker 2: If you have questions for our retirement planning professionals from
• 0:05
  Speaker 2: Coss Financial, tel forh number to get on the air
• 0:08
  Speaker 2: six oh eight three two one thirteen ten. That's six
• 0:11
  Speaker 2: oh eight three two one thirteen ten. Anything retirement planning related.
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  Speaker 2: I'd love to get you on the program this morning again.
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  Speaker 2: Telephon number six oh eight three two one thirteen ten.
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  Speaker 2: That's six oh eight three two one thirteen ten. You
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  Speaker 2: can learn more about Class Financial on their website. It's
• 0:25
  Speaker 2: Cossfinancial dot com. That's Coss k l aa S Financial
• 0:29
  Speaker 2: dot com. You can learn all about the team at
• 0:30
  Speaker 2: Costs Financial. You can learn about their separate divisions, can
• 0:33
  Speaker 2: listen back to this and previous shows podcasts, and subscribe
• 0:36
  Speaker 2: all online at coassfinancial dot com.
• 0:38
  Speaker 1: You can also schedule.
• 0:40
  Speaker 2: A complementary chat right online coss Financial dot com. That's
• 0:44
  Speaker 2: Coss k l a a s Financial dot com. And
• 0:47
  Speaker 2: also call the office right here in Madison at six
• 0:49
  Speaker 2: oh eight four four two five six three seven. No
• 0:52
  Speaker 2: charge for that initial gets to know your appointment at
• 0:54
  Speaker 2: Loss Financial. It'll be complimentary to you again their number
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  Speaker 2: six oh eight four four two five six three seven
• 1:00
  Speaker 2: enjoy us this morning are Eric Schwartz Eric with a
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  Speaker 2: single C and Forrest Ross with two ours. Guys, how
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  Speaker 2: we doing this morning? Eric, I'll go to you first.
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  Speaker 2: How you been man?
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  Speaker 1: Not too bad?
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  Speaker 3: Sean? How about yourself?
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  Speaker 1: I can't complain at all? Forest, how have you been?
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  Speaker 4: Good morning? Wonderful my friend.
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  Speaker 2: Great to talk with both of you, and we've got
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  Speaker 2: an exciting conversation. And it's gosh, this year is flying by.
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  Speaker 2: We're at the midway point. We're going to do a
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  Speaker 2: mid year checkpoint and take a lot the four oh
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  Speaker 2: one k is it still on our track? We'll get
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  Speaker 2: the details from Eric and Forrest through the program this
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  Speaker 2: morning mentioned the phone lines or open six oh eight
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  Speaker 2: three two one thirteen ten. That's six oh eight three
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  Speaker 2: two one thirteen ten. Before we check in at this
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  Speaker 2: midway point, let's actually roll back to last week's program.
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  Speaker 3: Eric.
• 1:42
  Speaker 2: Of course, we do the Class Quiz Question League each
• 1:44
  Speaker 2: and every week here on the program a chance to
• 1:46
  Speaker 2: win a fantastic prize.
• 1:47
  Speaker 1: This week no exception.
• 1:48
  Speaker 2: Friends from Class Financially that provided a twenty five dollars
• 1:50
  Speaker 2: gift card to Best Buy tell you a little bit
• 1:52
  Speaker 2: later on the program how you can win that gift
• 1:55
  Speaker 2: card from our friends at class Financial. But Eric, before
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  Speaker 2: we start this week's topic, let's actually look back at
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  Speaker 2: last week's show and get the question and answer there
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  Speaker 2: as well.
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  Speaker 3: Yes, last week we talked about tax efficiency and making
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  Speaker 3: sure that we're making that part of the overall financial plan.
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  Speaker 3: And our question last week was true or false assets
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  Speaker 3: left to charitable organizations are not subject to taxation. The
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  Speaker 3: answer to that, Sean, is true.
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  Speaker 2: And that was another fantastic show. Folks can listen back
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  Speaker 2: to the program right online at classfinancial dot com. That's
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  Speaker 2: closs k l a as Financial dot com. And so
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  Speaker 2: as we're kind of doing that midiyear check up of
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  Speaker 2: course to keep your four oh one K strategy aligning
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  Speaker 2: up to date, Eric, let's talk about why that medior
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  Speaker 2: check in on your four oh one K that account
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  Speaker 2: is so important.
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  Speaker 3: It's a great question, Sean, and I think it's really
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  Speaker 3: easy to forget about the four oh one K, and
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  Speaker 3: I think that's by design, right. We make our contributions
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  Speaker 3: before before anything hits our bank account from the paycheck,
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  Speaker 3: so we were saving without thinking about it and that's
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  Speaker 3: by design. But always good to check in, especially for
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  Speaker 3: thinking of your four to one k kind of like
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  Speaker 3: a road trip. So at the start of the year
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  Speaker 3: you map out your route, but you do need to
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  Speaker 3: still check the GPS along the way because you can
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  Speaker 3: easily drift off course or take a wrong turn. And
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  Speaker 3: midyear is the perfect checkpoint. Markets have moved, your income
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  Speaker 3: may have changed, and your situation probably looks quite different
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  Speaker 3: today than it did back in January. So if we
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  Speaker 3: just avoid this, we don't do a check in your
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  Speaker 3: plan can easily get off track, and not because you
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  Speaker 3: make a bad decision, but because you've stopped paying attention.
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  Speaker 3: So this time of year is really about asking am
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  Speaker 3: I still on track? Do I need to make a
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  Speaker 3: small adjustment. The good news is most of these adjustments
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  Speaker 3: are pretty small and pretty painless, but they are They're
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  Speaker 3: very important.
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  Speaker 2: Really great stuff, and is laying out this week's conversation
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  Speaker 2: the importance of it. Don't forget it's always a great
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  Speaker 2: time speaking of things are important to start that conversation,
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  Speaker 2: it's going to be complimentary to you At Claws Financial.
• 4:00
  Speaker 2: A you to do is give them a call six
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  Speaker 2: oh eight four four two five six three seven if
• 4:05
  Speaker 2: you've got a question, love to get you on the air.
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  Speaker 2: Sixo' eight three two one thirteen ten. That's six oh
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  Speaker 2: eight three two one thirteen ten. And for ust, what
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  Speaker 2: Eric was saying there makes a lot of sense, and
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  Speaker 2: what is kind as we work through this, then what's
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  Speaker 2: that first thing someone should be looking at right now?
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  Speaker 4: Yeah? Thanks Sean, And I think they're really the best
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  Speaker 4: place to start is if we take a look at
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  Speaker 4: how much we're contributing to your four oh one can't
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  Speaker 4: account through your employer, because how much you can contribute
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  Speaker 4: is really the single most important lever that you can control.
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  Speaker 4: And you know, you should really be asking yourself. Am
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  Speaker 4: I saving enough to relative to my income? Or has
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  Speaker 4: my salary or pay change significantly in the last six months?
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  Speaker 4: Are you taking advantage of all the opportunities to increase
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  Speaker 4: your savings or are you maxing out your four to
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  Speaker 4: oho K contributions?
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  Speaker 3: Uh?
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  Speaker 4: Those are all questions we can ask ourselves as are
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  Speaker 4: kind of doing this. Maybe your check in. But one
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  Speaker 4: of the best habits that we see people get into
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  Speaker 4: is if when they get pay raises, they simply increase
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  Speaker 4: the contributions to their four to oh one key accounts
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  Speaker 4: by say one percent. So let's say you got to
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  Speaker 4: raise the first of June, just go in increase the
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  Speaker 4: amount that you're putting into your four O one K
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  Speaker 4: plan by one percent, go from three percent to four percent,
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  Speaker 4: or whatever the situation might be. And if you make
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  Speaker 4: changes like that in small increments, it doesn't really affect
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  Speaker 4: your take home pay that much, but over the course
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  Speaker 4: of fifteen or twenty years, so small changes can really
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  Speaker 4: have a big impact on what your overall nest egg
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  Speaker 4: would be when you're ready to retire. And of course,
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  Speaker 4: the other thing you want to really check in on
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  Speaker 4: is to make sure that you're getting the full employer
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  Speaker 4: matching contribution. So if your employer offers matching contributions through
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  Speaker 4: your four on one key account at work, that's wonderful,
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  Speaker 4: but you want to make sure that your moving enough
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  Speaker 4: into your account that you're getting the full employer match
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  Speaker 4: because that's really like free money and we don't want
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  Speaker 4: people to miss out on that.
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  Speaker 2: Sean really good guidance, Sarah, As we talked this morning
• 6:10
  Speaker 2: with Forrest Ross and Eric Schwartz, our retirement planning professionals
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  Speaker 2: from Class Financial the website class financial dot com that's
• 6:16
  Speaker 2: coss k l a as financial dot com and they're
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  Speaker 2: telemphone number six, So eight four four two five six
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  Speaker 2: three seven and Forrest. Let's talk then about the difference
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  Speaker 2: between pre tax and ROTH contributions.
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  Speaker 1: There is a there's a difference. There isn't there There
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  Speaker 1: really is.
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  Speaker 4: And again, you know, like Eric was saying earlier, with
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  Speaker 4: a lot of automatic enrollment that are built into four
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  Speaker 4: oh and K plans these days, sometimes people get enrolled
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  Speaker 4: without really thinking about it too much, which is good,
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  Speaker 4: but you really need to go back and think about
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  Speaker 4: what is best for me in terms of should my
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  Speaker 4: contribution to the four on kclpy pre tax or should
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  Speaker 4: they be ROTH contributions. And the difference is with pre
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  Speaker 4: tax contributions you get the tax break today, so the
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  Speaker 4: money your contribution comes out of your pay before tax
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  Speaker 4: grows tax deferred through time, and then you eventually have
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  Speaker 4: to pay the taxes when you take the money out
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  Speaker 4: many years down the road in retirement, whereas ROTH contributions
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  Speaker 4: is kind of the opposite, where you pay the taxes today.
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  Speaker 4: The money still grows tax deferred, but because you pay
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  Speaker 4: the taxes in the beginning, you don't have to pay
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  Speaker 4: any tax when you take the money out down the
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  Speaker 4: road at retirement. So it really comes down to tax timing,
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  Speaker 4: and essentially what you should be thinking about is do
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  Speaker 4: I think my tax rate that I'm paying will be
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  Speaker 4: higher now or in retirement. For example, if you're early
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  Speaker 4: in your career and you have a lot of tax
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  Speaker 4: deductions kids or mortgage, then you know ROTH contributions can
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  Speaker 4: be very attractive. But if you're in your peak earning
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  Speaker 4: years and don't have as many tax deductions, then really
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  Speaker 4: pre tax can make a lot of sense for you.
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  Speaker 4: But here's a key point that we want to make
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  Speaker 4: sure people really understand, and that is that we as
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  Speaker 4: financial planners can really see value in having both of
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  Speaker 4: those sources available to you when you get to retirement,
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  Speaker 4: because creating tax diversification when you're taking your income out
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  Speaker 4: can give you a lot of flexibility and can really
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  Speaker 4: help you with keeping your taxes down in retirement, and
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  Speaker 4: that flexibility can really help you manage your tax bracket,
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  Speaker 4: reduce the taxes that you might have to pay on
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  Speaker 4: Medicare or Social Security payments, and can better help you
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  Speaker 4: control your overall retirement income strategy. So you may want
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  Speaker 4: to consider doing both pre tax and ROTH contributions to
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  Speaker 4: your furrow and cool use your.
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  Speaker 2: Employer talking this morning with Forrest Ross and Eric Schwartzer,
• 8:50
  Speaker 2: retirement planning professionals from Class Financially. You can learn more
• 8:53
  Speaker 2: online class financial dot com. That's Coss k l Aasfinancial
• 8:58
  Speaker 2: dot com. Don't forget to tell the phone number six
• 9:00
  Speaker 2: so Wight four four two five six three seven. No
• 9:02
  Speaker 2: charge for the initial get to know Your appointment tech
• 9:04
  Speaker 2: costs financial. It will be complementary to you. We'll continue
• 9:07
  Speaker 2: our conversation with Eric and Forrest. We will do that
• 9:10
  Speaker 2: next as Money in Motion with Coss Financial continues right
• 9:13
  Speaker 2: here on thirteen ten w UiB A professionals Eric Schwartz
• 9:17
  Speaker 2: and Forrest Ross. They come to us from Class Financial.
• 9:20
  Speaker 1: The website.
• 9:21
  Speaker 2: I hope you've had a chance to check it out.
• 9:22
  Speaker 2: It's Cossfinancial dot com. That's Coss k l aas Financial
• 9:26
  Speaker 2: dot com. A ton of great information about Coss Financial
• 9:29
  Speaker 2: on the website. Also an opportunity to listen back to
• 9:31
  Speaker 2: this in previous shows.
• 9:33
  Speaker 1: Right online.
• 9:33
  Speaker 2: You can also schedule a complementary chat at Cossfinancial dot com,
• 9:38
  Speaker 2: or you can call the office six oh eight four
• 9:40
  Speaker 2: four two five six three seven. No charge for the
• 9:43
  Speaker 2: initial gets to Know You appointment tech. COSS Financial it
• 9:45
  Speaker 2: will be complementary to you. Again their number six oh
• 9:48
  Speaker 2: eight four four two, five, six three seven taking a
• 9:51
  Speaker 2: mid year look at your four oh one k is
• 9:53
  Speaker 2: it's still on track. And Eric had some great information
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  Speaker 2: in that last segment, and and Forrest kind of left
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  Speaker 2: it off talking a little bit about uh pre tax
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  Speaker 2: and pult Wroth and that area. What kind of comes
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  Speaker 2: next in this conversation.
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  Speaker 3: Eric, Yeah, next step on our mid year check in
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  Speaker 3: is your investment allocation. So over the first half of
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  Speaker 3: the year, certain parts of the market may have performed
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  Speaker 3: better than others, and that can cause your portfolio to
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  Speaker 3: become unbalanced without you even even realizing it. Now, as
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  Speaker 3: listeners know, we are not we're not fans of reacting
• 10:29
  Speaker 3: to what is happening in the market and making you know,
• 10:34
  Speaker 3: abrupt shifts to your investments. But we are fans of
• 10:37
  Speaker 3: realigning the portfolio and pulling it back into into balance.
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  Speaker 3: Reacting is trying to predict the market. But when we're
• 10:45
  Speaker 3: when we're rebalancing or realigning, we're just maintaining your your
• 10:48
  Speaker 3: investment plan. Rebalancing is simply bringing your portfolio back to
• 10:53
  Speaker 3: the original target, and that that discipline helps remove emotion
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  Speaker 3: from the investment process, which, as we've talked about as
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  Speaker 3: one of the biggest challenges for investors, And that leads
• 11:03
  Speaker 3: me to another key factor here, and this is something
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  Speaker 3: that we probably don't think about as much as we
• 11:08
  Speaker 3: should as it relates to investments, but your overall risk tolerance.
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  Speaker 3: So maybe there's a great time to ask, how did
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  Speaker 3: I feel during market ups and downs this year? Was
• 11:18
  Speaker 3: I comfortable? Or or was I losing sleep? Because your
• 11:23
  Speaker 3: strategy really needs to reflect not just your timeline, but
• 11:26
  Speaker 3: your ability to stay invested. So some people may maybe
• 11:29
  Speaker 3: listening and saying, well, I'm going to be working at
• 11:31
  Speaker 3: least another ten years, that probably means I should be,
• 11:35
  Speaker 3: you know, really aggressive, and that's sort of the end
• 11:37
  Speaker 3: of the conversation. But the fact of the matter is
• 11:40
  Speaker 3: if you can't stay invested during ups and downs in
• 11:43
  Speaker 3: the market, you're not doing yourself any favors by being
• 11:48
  Speaker 3: more aggressive. But then you know, pulling out of the
• 11:50
  Speaker 3: market when when things get a little bit volatile. So
• 11:54
  Speaker 3: we need to be checking in on this, and for
• 11:57
  Speaker 3: listeners right now, I think a great opportunity would be
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  Speaker 3: to just think back to how did you feel back
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  Speaker 3: in March of this year? Right. So we saw the
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  Speaker 3: market pull back and basically the end of February to
• 12:09
  Speaker 3: the end of March and then it kind of turned
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  Speaker 3: from there. But that's a great example to say, gosh,
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  Speaker 3: how did I how did I react to that? Was
• 12:16
  Speaker 3: I comfortable? Was I worrying way too much about it?
• 12:20
  Speaker 3: So just a good opportunity to stop think about it
• 12:23
  Speaker 3: and say, if I'm too aggressive and I'm panicking during downturns,
• 12:27
  Speaker 3: maybe I need to change my investment strategy. Or if
• 12:30
  Speaker 3: you're too conservative, you know, you might not reach your
• 12:33
  Speaker 3: long term goals. So it's definitely a delicate balance. But remember,
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  Speaker 3: a good plan is one that you can stick with
• 12:41
  Speaker 3: when markets get volatile and unpredictable. Even the best designed
• 12:45
  Speaker 3: one can't do its job if you are if you're
• 12:48
  Speaker 3: changing the plan when the market pulls back.
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  Speaker 1: Really important point there.
• 12:52
  Speaker 2: As we talked this morning with Eric Schwartz and Forrest
• 12:54
  Speaker 2: Ross timement planning professionals from Class Financial Online Colssfinancial dot Com.
• 12:58
  Speaker 2: That's clause k l a a as Financial dot com
• 13:01
  Speaker 2: And Forrest, how does what Eric just mentioned, how does
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  Speaker 2: that kind of affect the bigger retirement picture for someone?
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  Speaker 4: Yeah, Sean, you know at this point. You know, it's
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  Speaker 4: not just about your four own K plan. Sometimes it's
• 13:12
  Speaker 4: about your overall financial plan as well. Right, and the
• 13:16
  Speaker 4: medi you're checking is just a good time to ask yourself.
• 13:20
  Speaker 4: Am I on pace to reach all of my financial
• 13:23
  Speaker 4: goals and my retirement goals? Or has anything really changed
• 13:26
  Speaker 4: in my life that might affect my plan? Is there
• 13:28
  Speaker 4: been a marriage, is there been a divorce and I
• 13:30
  Speaker 4: get an inheritance? Or has there been any big changes
• 13:35
  Speaker 4: that really make you think about you know, am I
• 13:39
  Speaker 4: still on the correct long term trajectory so that I
• 13:43
  Speaker 4: can get to where I want to go? Because small
• 13:46
  Speaker 4: course corrections along the way, you know, can help you
• 13:50
  Speaker 4: kind of refine your positioning and your investments so that way,
• 13:55
  Speaker 4: you know, you can still have a successful retirement when
• 13:59
  Speaker 4: you get ten or eighteen or twenty years.
• 14:00
  Speaker 2: Tell a Road really great content, great information as always,
• 14:04
  Speaker 2: talking this morning with Forest Ross and Eric Schwartz, our
• 14:06
  Speaker 2: retirement planning professionals from Class Financial mention the website Cossfinancial
• 14:10
  Speaker 2: dot com. I hope you get a chance to check
• 14:12
  Speaker 2: that out today. You learn all about Class Financial, their
• 14:14
  Speaker 2: separate divisions, the team. There other things as well, including
• 14:18
  Speaker 2: the podcast right at Colssfinancial dot com. You can also
• 14:20
  Speaker 2: schedule a complementary conversation right from the website. That's Cossfinancial
• 14:24
  Speaker 2: dot com. That's coss k l a as Financial dot Com.
• 14:27
  Speaker 2: Their telephon number six so eight four four two five
• 14:30
  Speaker 2: six three seven. No charge for that initial get to
• 14:33
  Speaker 2: know you appointment at Claws Financial. It will be complimentary
• 14:35
  Speaker 2: to you again their number six O eight four four
• 14:37
  Speaker 2: two five six three seven. Will continue our conversation with
• 14:40
  Speaker 2: Eric and Forrest. We will do that next as Money
• 14:43
  Speaker 2: in Motion with Coss Financial continues here on thirteen ten.
• 14:46
  Speaker 2: Wiv I arding with Eric Schwartz and Forrest Ross, our
• 14:49
  Speaker 2: retirement planning professionals from Class Financial. Learn more online coss
• 14:52
  Speaker 2: Financial dot com. That's coss k l a as Financial
• 14:56
  Speaker 2: dot com and their telephone number six oh eight four
• 14:59
  Speaker 2: four two five six three seven. And Eric, as we're
• 15:01
  Speaker 2: talking about this stuff, it's really you know, it's sometimes
• 15:05
  Speaker 2: it's it's just like like little bites, right, and I
• 15:08
  Speaker 2: really help. What's the old line about how to eat
• 15:11
  Speaker 2: an elephant one bite at a time?
• 15:13
  Speaker 1: Little things say, Right, it's a little thing exactly. You
• 15:16
  Speaker 1: can really make it in and this doesn't have to
• 15:18
  Speaker 1: be overwhelming does it.
• 15:19
  Speaker 3: Eric, No, No, And we we get it. We know
• 15:23
  Speaker 3: everybody's busy. We know you have a million things pulling
• 15:25
  Speaker 3: you in different directions, and just adding another thing to
• 15:29
  Speaker 3: your plate is can can feel overwhelming. But this isn't
• 15:32
  Speaker 3: about being perfect. It's it's about just checking in on
• 15:36
  Speaker 3: your progress. And I mean, spend twenty minutes reviewing your
• 15:39
  Speaker 3: four O one K and you know this can help
• 15:42
  Speaker 3: you catch small issues early. You can reinforce some of
• 15:45
  Speaker 3: those good habits you've you've developed, and you can stay
• 15:48
  Speaker 3: aligned with your long term plan. So just take twenty
• 15:51
  Speaker 3: minutes and you know future you will thank you. And
• 15:55
  Speaker 3: if you're unsure about what changes you you should make
• 15:59
  Speaker 3: or how your four one K really fits into your
• 16:01
  Speaker 3: overall financial plan, you you can always talk to a
• 16:04
  Speaker 3: financial planner and get some help navigating these important decisions.
• 16:08
  Speaker 3: And you know, it can feel like wow, there's there's
• 16:12
  Speaker 3: always something I gotta I gotta catch up on, or
• 16:14
  Speaker 3: I have to I have to improve. We don't have
• 16:17
  Speaker 3: to be perfect here, we just have to keep things
• 16:19
  Speaker 3: on track.
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  Speaker 2: So kind of just just summarizing that just a couple
• 16:22
  Speaker 2: of small adjustments midyear can really have a big impact
• 16:25
  Speaker 2: over time.
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  Speaker 1: Can't.
• 16:26
  Speaker 3: They absolutely absolutely.
• 16:28
  Speaker 1: Talking this morning with Eric Schwartz and Forrest Ross.
• 16:31
  Speaker 2: Everytimement planning professionals from Class Financial arek telphe number six
• 16:34
  Speaker 2: so eight four four.
• 16:35
  Speaker 1: Two five six three seven no charge.
• 16:37
  Speaker 2: So that initial gets to know you appointment at COSS Financial,
• 16:39
  Speaker 2: it will be complimentary to you. The website it's Cossfinancial
• 16:43
  Speaker 2: dot com, that's Coss k l a a s Financial
• 16:46
  Speaker 2: dot com. Talked about all the great information and other
• 16:49
  Speaker 2: opportunities for you at the website. Another great thing to
• 16:51
  Speaker 2: do is submit a question to be answered here and
• 16:54
  Speaker 2: the Money in Motion Listener question corner. As a matter
• 16:57
  Speaker 2: of fact, as we wrap up today's show, we had
• 17:00
  Speaker 2: a great question from Ron in Madison. Ron writes, he says,
• 17:03
  Speaker 2: the market's been a little volatile this year due to
• 17:06
  Speaker 2: the conflict and Iran. Should I be making changes to
• 17:09
  Speaker 2: my four oh one k because of that? And Forrest,
• 17:13
  Speaker 2: I'll let you have a crack at this one.
• 17:15
  Speaker 4: Thanks Sean, And this is really a good question.
• 17:18
  Speaker 3: Ron.
• 17:19
  Speaker 4: You know, we recently actually hosted a Money in Motion
• 17:22
  Speaker 4: show on this topic back on May twenty first, and
• 17:26
  Speaker 4: it's titled a Thoughtful Investor. So I encourage Ron or
• 17:30
  Speaker 4: anybody else listening to go back and listen to that
• 17:33
  Speaker 4: recording on our website. But the short answer to the
• 17:37
  Speaker 4: question is probably not just because of the market conditions alone.
• 17:43
  Speaker 4: And Eric talked about this a little bit earlier and
• 17:45
  Speaker 4: how we don't want to have, you know, knee jerk
• 17:47
  Speaker 4: reactions because the market is going up, where the market
• 17:50
  Speaker 4: is going out when we're talking about borrow and key
• 17:53
  Speaker 4: of how we want to have more of a long
• 17:54
  Speaker 4: term vision involved and not just what's the market doing
• 17:58
  Speaker 4: in the short term. Question you should be asking yourself
• 18:01
  Speaker 4: is has my timeline changed? Am I going to be
• 18:04
  Speaker 4: retiring earlier than I expected? Or has my risk tolerance
• 18:08
  Speaker 4: really changed like Eric you talked about earlier, or have
• 18:12
  Speaker 4: my goals changed? So if those things haven't really changed, well,
• 18:16
  Speaker 4: then your strategy may not to be need to be
• 18:20
  Speaker 4: changed either. And really the goal at the end of
• 18:22
  Speaker 4: the day is we don't want to react to market volatility.
• 18:27
  Speaker 4: We just want to stay in line with our overall
• 18:30
  Speaker 4: financial long term plan.
• 18:32
  Speaker 2: Really good guidance this morning, and speaking of staying aligned
• 18:35
  Speaker 2: with your plan, having that plan in place, it's a
• 18:37
  Speaker 2: great opportunity if you head on over to the website
• 18:39
  Speaker 2: Cossfinancial dot com you can schedule that complimentary chat right online.
• 18:43
  Speaker 2: You can also submit a question to be answered in
• 18:45
  Speaker 2: the Money and Motion listener question corner.
• 18:47
  Speaker 1: Again.
• 18:47
  Speaker 2: That available to you at Cossfinancial dot com. That's cost
• 18:51
  Speaker 2: k l Aasfinancial dot Com. There telephone number six so
• 18:54
  Speaker 2: eight four four two five six three seven. No charge
• 18:58
  Speaker 2: for that initial get to know your appointment. That costs
• 18:59
  Speaker 2: for an it will beat complimentary to you again their
• 19:02
  Speaker 2: number six oh eight four four two five six three seven.
• 19:05
  Speaker 2: Go on to hold on to that telephone number as well,
• 19:07
  Speaker 2: because it's time now for the COSS Quiz Question of
• 19:10
  Speaker 2: the week. It works like this. In just a moment,
• 19:11
  Speaker 2: I'll ask you the coss Quiz question of the week.
• 19:13
  Speaker 2: You will then have thirty minutes from the end today's
• 19:15
  Speaker 2: program to call the Class Financial office right here in
• 19:17
  Speaker 2: Madison at six oh eight four four two five six
• 19:20
  Speaker 2: three seven. If you are the first call with correct answer,
• 19:23
  Speaker 2: you'll win this week's prize, which is a twenty five
• 19:25
  Speaker 2: dollars gift card to best buy this week's COLSS Quiz
• 19:29
  Speaker 2: question of the week. Is this true or false? Wroth
• 19:32
  Speaker 2: four oh one K contributions are made pre tax, which
• 19:36
  Speaker 2: means you will pay taxes in retirement when you withdraw
• 19:40
  Speaker 2: the funds for income. Is that true or is that false?
• 19:43
  Speaker 2: Telephone number six oh eight four four two five, six
• 19:45
  Speaker 2: three seven. First call with correct answer won that twenty
• 19:48
  Speaker 2: five dollars gift card to Best Buy and don't forget
• 19:49
  Speaker 2: as well. That's Cost Financial's office right here in Madison,
• 19:53
  Speaker 2: that number six oh eight four four two five six
• 19:55
  Speaker 2: three seven. Eric Forrest, it's great chatting with both of you.
• 19:58
  Speaker 2: You guys, enjoy this beautiful Hey, we'll do it all
• 20:00
  Speaker 2: again real soon. Take care guys. Doctor Marty Greer joins
• 20:05
  Speaker 2: us next here on thirteen ten WIVA. This is Money
• 20:09
  Speaker 2: in Motion with Coss Financial Asset Advisors, LLC, a registered
• 20:13
  Speaker 2: investment advisor registered with the SEC. The contents of this
• 20:17
  Speaker 2: show are for informational purposes only and should not be
• 20:20
  Speaker 2: considered individual investment advice. Class Financial does not offer tax
• 20:24
  Speaker 2: or legal advice. Any opinion offered during the course of
• 20:27
  Speaker 2: this show is the opinion of that particular investment advisor representative,
• 20:32
  Speaker 2: and not necessarily the opinion of Cost Financial