A couple in their late seventies contemplated canceling their annual family beach trip due to their portfolio dropping 50%. - Wes Moss convinced them not to cancel, highlighting that balanced portfolios can't realistically lose half without catastrophic events.
volunteer_activism ADVICE
Safe Withdrawal Early Retirement
Bill plans to withdraw $2,000 monthly from his $630,000 TSP until his mortgage and car are paid off. - Wes confirms this aligns with a safe 4% withdrawal rule, likely avoiding future financial hardship.
volunteer_activism ADVICE
Tax-Smart Rebalancing Tips
To rebalance taxable accounts without incurring taxes, sell holdings that show losses or are flat. - Use new contributions to buy desired funds and avoid triggering capital gains from selling appreciated assets.
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Scared to Spend? Don't Cancel Plans and #1 Investment Benchmark
Worried about the market and your upcoming vacation? Fiduciary financial advisor Wes Moss explains why you shouldn't cancel your beach trip due to market volatility. Learn a rational approach to navigating bear markets and protecting your life plans. Also, Wes reveals the surprising investment benchmark everyone is really watching (and why it might be misleading you!).
Plus, Christa shares your #AskWes questions and Wes gives his take. All this and more on the April 22, 2025, Ask an Advisor episode of the Clark Howard podcast.
We hope you enjoy our weekly Ask An Advisor episodes, in which Christa and Wes discuss investing and retirement savings in depth. Let us know what you think in the comments!
