Common Sense Investing with Victor McClure

It seems like the stock market has only been moving one direction in 2022: DOWN. The current economic conditions mean there are headlines about things like corrections, recessions, and bear markets. Victor discusses what those terms mean for us. For more information about Victor McClure, Steve Ringo and the McClure Capital team, visit https://mcclurecapital.com/

Nine out of 10 Americans are planning to travel this summer, despite inflation pushing prices higher on just about everything. People are still planning to travel, but higher prices are causing many of us to modify our plans. For more information about Victor McClure, Steve Ringo and the McClure Capital team, visit https://mcclurecapital.com/

Although there are signs that we could be headed for a recession – high inflation, supply chain shortages, etc. – there are also signs we might avoid a recession. But there are still financial headwinds that could potentially have a negative impact on your finances. Victor shares some tips. For more information about Victor McClure, Steve Ringo and the McClure Capital team, visit https://mcclureca...

Generally, market interest rates and bond prices move in opposite directions, meaning as rates increase, bond values will typically fall. Retirees may reduce interest rate risk by choosing bonds with a shorter duration, which are less sensitive to rate hikes. Rising interest rates may still be good for retirees with a longer timeline For more information about Victor McClure, Steve Ringo and the M...

The combination of high inflation and high market valuations could require revisions to the retirement rule of thumb. Bill Bengen, who developed the 4 Percent Rule in 1994, says 8.5 percent inflation and high stock and bond market valuations may require a more conservative approach. For more information about Victor McClure, Steve Ringo and the McClure Capital team, visit https://mcclurecapital.co...

Preparing and saving for retirement can be a challenge for all of us. But for small business owners, there are some unique concerns and challenges. We want to spend some time today talking about how you can prepare for retirement if you aren’t retiring from a corporate job with a 401k. For more information about Victor McClure, Steve Ringo and the McClure Capital team, visit https://mcclurecapital...

The SECURE Act 2.0 is making its way through Congress with bipartisan approval in the House. Victor shares some key elements of the legislation For more information about Victor McClure, Steve Ringo and the McClure Capital team, visit https://mcclurecapital.com/

Today’s federal income tax rates might be the lowest you’ll see for the rest of your life, after tax rates went down with the 2017 Tax Cuts and Jobs Act. But those tax rates expire come 2026, so there’s a built-in tax increase. President Biden has unveiled his proposed budget for next year, so many are wondering what the potential tax impact could be. We also have some GOOD news about women’s wage...

Women statistically outlive men by about six years, so a lot of wives will outlive their husbands in retirement. That means a lot of women will suddenly be taking over their own finances for what may be the first time in their lives. That can be confusing and even scary. For more information about Victor McClure, Steve Ringo and the McClure Capital team, visit https://mcclurecapital.com/

o   Many indicators show the economy is still growing, but most also don’t yet reflect fallout from the Russian invasion and the surge in oil prices over the past few weeks. o   The Leading Economic Index, widely used for gauging economic performance, is still strong, but starting to show signals of weakness. This index includes a range of stats tracking manufacturing orders, consumer sentiment, h...

With everything going on in the world right now, can your finances weather any financial storm? Victor and Guy will outline some of the major financial risks on the horizon today and talk about some “all-weather” strategies to help you protect your savings, no matter what kind of storms are unfolding in the financial world. For more information about Victor McClure, Steve Ringo and the McClure Cap...

In 2020 more than half of all Americans were covered by some type of life insurance. So a good number of people see life insurance as a useful tool to help protect their families and loved ones. The question we want to address today is not really “do I need life insurance?” but rather, “Do I need life insurance for my retirement?” For more information about Victor McClure, Steve Ringo and the McCl...

Conflict between Russia and Ukraine sparked volatility in global markets. But there are key points to remember that Victor and Guy will discuss in today's show. For more information about Victor McClure, Steve Ringo and the McClure Capital team, visit https://mcclurecapital.com/

There isn’t one clear-cut way to save for retirement, but with low interest rates and high inflation, it probably makes sense to consider putting money in something other than a standard savings account at the bank. Victor and Guy give us three other accounts you could consider using for your retirement savings. For more information about Victor McClure, Steve Ringo and the McClure Capital team, v...

You might not think much about the big game until you’re on the couch with your remote and a few slices of pizza. That’s the fun part of being a fan. But what if the coaches and players took that approach? No practice, no watching film, no playbooks. Just showing up on game day and hoping things go okay. It’s laughable to think about any team not preparing ahead of a game, let alone the Super Bowl...

It’s only going to get worse. At least that’s what one politician says about the inflation we’re experiencing today. We’ll get Victor and Guy’s take on that, plus what to watch in Congress as it relates to retirement legislation. For more information about Victor McClure, Steve Ringo and the McClure Capital team, visit https://mcclurecapital.com/

The start of a new year is a good time to evaluate your savings strategy. Consider these five tips to help maximize your savings. For more information about Victor McClure, Steve Ringo and the McClure Capital team, visit https://mcclurecapital.com/

When you are ready to retire, there are certain things you should do before you leave the comfort and security of your old job. You need to make final adjustments to your financial plan and make important decisions about Social Security and health insurance.  For more information about Victor McClure, Steve Ringo and the McClure Capital team, visit https://mcclurecapital.com/

Resolutions are easy to make and even easier to break. It’s time to look ahead and think about practical goals for the new year. For more information about Victor McClure, Steve Ringo and the McClure Capital team, visit https://mcclurecapital.com/

Here we are again. The start of another New Year, and the opportunity to get ahead of your financial strategy in 2022. There are several deadlines to remember throughout the year. We want to hit the highlights so you can mark your calendars for key retirement dates to remember for 2022. For more information about Victor McClure, Steve Ringo and the McClure Capital team, visit https://mcclurecapita...

The pandemic that never ends and global supply chain shortages led to rising prices around the globe in 2021. And retirement issues were in the center of it all as the federal government pumped stimulus money into the economy and took a hard look at strategies and tools we use to save for retirement. Today, we look at the biggest retirement news of 2021. For more information about Victor McClure,...

Forty-Four percent of Americans are worried they’ll never be able to retire, which is an all-time high. And only 33 percent of Americans have a written financial plan, which means nearly 70 percent of us don’t have a written strategy for our money. But there are some simple steps you can take to gauge your preparedness for retirement … it’s as easy as checking off the boxes on our retirement check...

There are millions of articles online about investing, tax planning, budgeting, everything you can think of when it comes to preparing for retirement. There are important facts to know, and when it comes to your financial future, knowledge is power. BUT. There’s more to financial success than book smarts. There’s a psychology of money. For more information about Victor McClure, Steve Ringo and the...

When you turn 72, required minimum distributions begin for most tax-advantaged retirement plans. If you skip an RMD, you could be on the hook for an IRS penalty equal to 50 percent of that year’s RMD amount. Victor and Guy tell us the four strategies to help minimize your RMDs. For more information about Victor McClure, Steve Ringo and the McClure Capital team, visit https://mcclurecapital.com/

November is Long Term Care Awareness Month and one of the biggest questions is, when is a good time to start preparing for long term care needs?  When do I need to start if I'm going to get some kind of plan or insurance policy in place?  Victor gives us those answers! For more information about Victor McClure, Steve Ringo and the McClure Capital team, visit https://mcclurecapital.com/