One of the things people were concerned about going into this quarter was an earnings recession. So far roughly 25% of companies in the S&P 500 have reported earnings and reports are averaging 5.3% above expectations. Today I discuss the expected earnings recession, the struggling healthcare sector and ongoing talks of a rate cut. Other topics include:

Why most Americans do not have a written financial plan Mark has a question about the mechanics of Roth conversions How pensions and defined benefit plans affect your retirement savings Do you need to keep IRA’s and rollover IRA’s separate anymore?

 

 

Join Rob Black and I for our Retirement Income and Tax Planning Seminar at the Toll House Hotel in Los Gatos on Thursday, May 16th. Click HERE to sign up!

 

Email your money question to [email protected] , or call the show at 1-800-516-1220 on Tuesday's and Wednesday's from 6:00-7:00 a.m. (PDT)

 

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.NewFocusFinancial.com.