Name: Planning with Parker: Changes in retirement planning (Financial Safari)
Uploaded: 2020-06-15T17:37:12-0400
Duration: 346157
Description: With constant changes in the stock market and tax law, is your plan built to be adaptable amid volatility?

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With constant changes in the stock market and tax law, is your plan built to be adaptable amid volatility?

Financial safari. Welcome back. I'm Consumer Advocate Steve's at all. Of course, Parker Holland is your chief wealth strategist and capital financial. It's planning with Parker and one of the things I know you're a relatively young fella, as they say, but you have even in the town that you've been here, and certainly in the experience that you've had with people of capital financial, there's been a lot of changes in retirement in general. Oh yeah, there has. I mean, tax law, government market, economy. It's changed ever since the day I started, and everyone always looks that and kind of wants to know what's the best way. What's the best plan? I feel like the first time we converse with people. They're always saying, So what am I missing? It's not that you might be missing anything. Is is your plan that you currently have shaping and molding with the changes and whether it is just fluctuating tax brackets, the secure act that finally came through, or if we're just looking at the current marketing economy that we're in today, I mean, it's not gonna be the same tomorrow, right? A lot of people forget how quick everything moves in nowadays when you were looking back at Black Monday or Friday doesn't even matter. What you call it is when the market has a correction or has a dupe, they're always saying, Well, how long is it going to be down? Who knows? We're in a nation where tweets and markets up, and now we need to know exactly what is happening today. And what's the worst case scenario going to be tomorrow? And is your retirement gonna work in that worst case scenario? One thing is certain is that the market is going to turn at some point. I mean, it's been a It's been a great market for 10 plus years on the other shoe is gonna drop at some point. We just don't know what. And it doesn't matter if the shoe drops. A lot of people get concerned about up or down. That's not a concern for us. If you have a proper plan in a proper strategy in place, you might actually want it to go down, get the hot air out, get all the concerns out the window and restart. If you have a proper plan, you're not gonna worry about fluctuation that's the beauty is that you've put you can create a plan that if the market does bottom out, you're still here, exact. You're not gonna lose. And I know a lot of people that they've had money on the sidelines for 10 12 almost 15 years because they're waiting to buy into that dip. That's 12 years of the biggest growth market in history that they could have had making retirement better. You need to be able to play both sides, and a proper strategy takes into account all the moving parts. And it also has the ability to mold and change as those movements occur. So being in cash is one thing. I've read a story recently about a guy who had put $100 a week in a safe in cash, and 25 years later, he said, G, I probably should have done something different. Yeah, it been entertaining to be the first person to see it after he was done, but of course, if you're just stacking money on the sidelines of me, Coach says, the best losing money safely. You're losing money because of inflation and cost of living, and that's a big piece, too, and inflation is boring to think about. But the other side of that is interest. You want your money earning even when money's coming out and you want your money working together knowing, no matter what side. The market's going towards that you're maximizing the return either way. But you factor in inflation, and I know it's a boring thing to talk about. But I mean, if you go to the grocery store, you gotta realize, Hey, you know, the bacon costs more. The bread costs more milk costs more, and that's a lot of pieces that people take into account. I love working with engineers myself. I'm analytical mindset, and I love seeing the spreadsheets people make. But the biggest concern I see is too many people are lowballing inflation or their advisor. I've seen this multiple times. They're adviser doesn't include it in the plan. That seems like an egregious error. It's It's a situation that a lot of people overlook or don't want to think about, or one face that when it occurs. So that's an adviser that doesn't take that into account. I mean, is that something in it for them at that point? I don't think it's anything in it for them. Excepto ugly conversation when their client runs out of money while coach Some very important points there. The Parker brought to the table about having a true, proper plan in place. Parker's told me he's allergic to jackets. Get on them all the time in the office. He, uh, he It kind of looks a little different cause he wears golf shirts and pullovers, but they're expensive ones, but I like wearing my jacket. The Parker does have a Parker knows a lot in that head of his. He's a very smart guy, So really, I think that it's important, folks that we get a proper plan for you put together based on the principles that we talk about every single week on the show, which, by the way, you can catch the show at any time. Financial safari dot TV right? You go back and watch it again. That's right, That's right. But let's make it. Let's make a point here to let 20 of you that are watching come in and we'll waive our planning fees of over $1000 give you a golden ticket to make sure you have the proper plan designed. Find out where you are right now and then let us design a plan that will get you all the way through retirement with that security that you will before that peace of mind and that corn export philosophy that planned built for you customized for you and your family. Thomas. The next 20 people get that as well as my box set the five keys to successful retirement as well as a DVD. Don't wory, retire happy and two of the books of written. That's fantastic. Come on in and get some straight talk and avoid all of that financial double talk that could be out there in the industry. The number to call to take advantage. 8889108265 88910 80 to 65. Or you can always text breeze to 21,000 b r e e z e to 21000

Planning with Parker: Changes in retirement planning (Financial Safari)

Financial Safari: Changes in retirement planning

Coach Pete,Financial Safari,personal finances,retirement,sponsored

WRAL-TV News Broadcasts: Watch each newscast live or watch the most recent newscast on demand.

WRAL Late News 

Get the latest WRAL WeatherCenter Forecast whenever you need it, including the DUALDoppler5000 and the 7-Day Forecast.

Hello, everyone. I'm meteorologist, Mike Mays in the WRL severe weather center. With your forecast update for this Friday night, we have about a 20% chance of a shower through the evening and for most of the night, so don't be surprised if you're out for dinner and you run into an isolated shower. That's the possibility toward daybreak. As you can see, rain, chances do increase just a bit. Now for the day tomorrow, it will be a warm one but not hot. Like today, we had 90 out at RDU lunch tomorrow at 75. Our forecast high 82 partly to mostly cloudy skies. It's the abundant amount of cloud cover that should reduce the heat. Now, if we tend to have a little bit more sunshine, it could slip past that. 82 but it shouldn't be as hot as what we had today. And tomorrow's hit and miss showers and storms. 30 to 40% chance in the morning, 40 to 50% in the afternoon, 60% actually as we head into tomorrow night. So we have needed rain ahead. It's been very dry over the past month or so. There is rain in the forecast, it's not going to be a washout weekend. There will be hit and miss showers and storms and the nature of the way rain is this time of year and into the summer, it's more hit and miss. So you may see rain at your house, but your neighbor a mile down the road may not see anything. So we have 50% chance of rain tomorrow. That doesn't mean you're going to see rain. At least there's a 50% chance there is going to be rain in your neighborhood. 60% Saturday night, 50% on Sunday, I think Monday is going to be the day. We have the greatest likelihood, especially Monday night with a 70% chance for showers and storms down to 30 on Tuesday, 40% chance for showers and thunderstorms on Wednesday. So here is the rainfall potential at least through Tuesday, both the American model and the European model show about a three quarter inch of rainfall potential during Saturday, Sunday, Monday and through Tuesday night at 11 o'clock. So it's a pretty good chance that we'll have some decent rain. So tomorrow, anywhere from 82 at Rocky Mountain, Raleigh, 84 in Fayetteville, cooler at Boone 67 there, 81 at Wilmington for Sunday, we expect our highs to be in the low eighties locally still in the sixties at Boone, about 80 in Asheville, 81 at Wilmington, 73 at NAGS head and then on Monday, our highs will be in the low to mid eighties. Still showers and storms in the area. So our forecast tonight isolated a shower this evening, light showers and a possible storm at daybreak lows will be in the low to mid sixties. Our highs tomorrow will be in the eighties. Although our northern counties may stay in the seventies again. Showers and storms are in the forecast, some in the morning, some in the afternoon as well. Seven day forecast, check it out over the next four days. We stay in the eighties. But by the time we get to Wednesday and Thursday, we could be back in the nineties. Could be quite toasty on Wednesday with a high at 94. That's our forecast update for this Friday night. Have a wonderful weekend. I'll see you on Monday.

WRAL WeatherCenter Forecast

Nightly N.C. Education Lottery drawings during the 11 p.m. News.

Happy Friday. I'm Tina selling cash with tonight's lottery drawings for May 3rd, 2024. Here we go with the Carolina pick 39 is our first winning number. Second pick 38, 3rd winning number tonight. Another eight in our pick three, fireball number is nine. Joining me for tonight's drawing is our auditor from mcconnell Jones L LP. Now it's time for the Carolina pick for so check your tickets. Good luck for winning. Zero. Second pick 49. 3rd winning number four. Fourth pick for tonight is one and our pick four. Fireball number is five. Let's turn now to the Carolina cash five. If no one matches all five numbers to win the jackpot tonight, tomorrow's top prize is an estimated $256,000. Good luck. First winning cash five tonight. 27. Second winning number 30. Our third cash five is 36. 4th winning number is 10 and good luck. Our final winning cash five number tonight is 29. The North Carolina Education Lottery has contributed over $10 billion to education. Thanks for your support and get the winning numbers every night right here. Thanks for playing and have a good night.

Evening Pick 3 Pick 4 and Cash 5

Tuesday and Friday Mega Millions Drawing.

>> ACROSS AMERICA WITH MEGA JACKPOTS, IT'S MEGA MILLIONS. >> GOOD EVENING. A MAJOR WOFFORD IS FRIDAY MAY 3RD AND TONIGHT'S MEGA MILLIONS JACKPOT IS AN ESTIMATED AT NEAR TICE 284 MILLION DOLLARS TO WIN THE JACKPOT. YOU MUST MATCH ALL 5 WHITE PLUS THE GOLD MEGA BALL. SO GET YOUR TICKETS. OUR FIRST NUMBER TONIGHT IS 13 AFTER THAT. YOU HAVE 53. THAT'S ALL MY 15 UP NEXT IS 56. AND FINALLY, 6 ENOUGH YOU'RE MAKING. YOU'RE MAKING ALL NUMBER IS 11 OR 13. 53 15, 56 6. AND THE MEGA BALL IS 11 NOW FEELING MATCHES ALL 6 NUMBERS. TUESDAY'S JACKPOT COULD BE MORE

Mega Millions Drawing

Daytime Pick 3 and Pick 4 drawings are held at 3 p.m. daily. They can be seen as live or on-demand video.

Good afternoon. I'm Grace Holland. Welcome to this afternoon's drawings for Friday. May 3rd 2024. Let's get started with the Carolina pick three. The first pick three number is zero then eight three and your pick three. Fireball is seven. Joining me for this afternoon's drawing is our auditor for mcconnell and Jones L LP. Now let's move to the Carolina pick four. The first pick four number is taking its time. A two followed by five three, four. And your pick for Fireball is three. The North Carolina education lottery has contributed over $10 billion to education. Thank you for your support.

Daytime Pick 3 and Pick 4 Drawing

Charlotte-Mecklenburg Police Department holds a processional and memorial service for fallen officer Joshua Eyer. 

Watch live: Processional and memorial service for fallen officer Joshua Eyer

Emergency responders in Cary a rescue woman trapped on her front porch after the porch collapsed. 

Cary crews rescue woman trapped on front porch

Protesters marched around UNC on Friday morning. Their nearly-two mile loop stopped traffic and interrupted students daily activities.

Barricades like these are usually put up during moments of unrest during protests, but they were unnecessary today. As a group of pro Palestinian protesters made their way through campus peacefully albeit loudly to get their message carrying signs of support for the Palestinian people impacted by the Israel Hamas war. Roughly 100 protesters made their way through unc's campus. They want the university to pull out any investments in Israeli businesses. It's unknown if us $5.2 billion endowment invests in any companies associated with Israel. It's what led to unrest on UN CS campus. Earlier this week, law enforcement and protesters clashed at an encampment. We're not here to destroy anything. We're here to get a message out. We're here to pressure people. We're here to make a change. Eri Mitchell is yet to see happen, but he feels this group is making an impact. I believe that seeing Palestinian Children holding up signs saying please continue is a green light for us to keep showing solidarity, to keep showing that we're out here. Friday's protests brought the group through U C's campus, stopping traffic and peacefully interrupting daily activities for students taking graduation photos near the old well, which did draw some support from those passing by. You hear other cars honking? Of course not. I do think that we're at some inflection point. This UN C student wanted to remain anonymous. He's at odds internally battling against the school. He'll get a diploma from in a couple of years. I don't know. I think I'm proud to be a student here. I think the students are showing up, but I can't say that I'm proud, I'm definitely not proud of UN C and the system and what they're doing and they say they won't stop until they see change. Sean Gallagher Wral News. Chapel Hill. That appreciate me one solution.

Planning with Parker: Changes in retirement planning (Financial Safari)

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