Your Safe Money Show highlights for May 30th

Your Safe Money Show is on Saturday mornings at 7:30 at 95.5FM KBEK. They stream live at kbek.com.
On this weeks show I’ll explain what a SEP IRA is and how one works.
Today more than ever people are living together and not married, there are things to be aware of especially with money matters.
And if you start to see memory issues with your parents, I’ll have ways to help them with their finances.
You can hear recent shows at the podcast page at yoursafemoneyshow.com.

Sequence of Returns

Did you know that stock market returns can impact your savings very differently depending on if you are “accumulating” or “spending”? For more information on the importance of the Sequence of Returns, contact me today! Todd Sjoberg at 320-679-5183 or go to yoursafemoneyshow.com at the contact us page.
At Sjoberg & Holmstrom Financial Services we are an independently owned and operated financial service agency and were not affiliated with any other safe money agency. 

DVS renewals

I wanted to pass along about getting license renewals, I know friends and family that haven’t been able to update license tabs ect, Well good news DVS offices are starting to open. Here’s the criteria verbatim , "expiration dates for any license or ID that lapses during the peacetime emergency will be extended for two months after the month in which the peacetime emergency ends". That means licenses that have expired or will before June 12th remain valid until September. At this time I know DVS locations in Princeton, Pine City and Cambridge are open.
Your best bet is to go to dps.mn.gov and click the dvs locations page to get information.
Many locations are making appointments and have reduced hours so call first and see how they’re handling renewals ect.

Memorial Day

Sjoberg & Holmstrom Financial Services and Your Safe Money Show will be taking Monday May 25th off for recognition of Memorial Day. We are monitoring phone calls and will be following up on Tuesday the 26th.

Your Safe Money Show Making a last minute IRA contribution 5 23 2020

Your Safe Money Show highlights for May 23rd

Here's what were planning for Your Safe Money Show Saturday May 23rd.
We’ll look at the one thing you probably haven’t done in quarantine, but you should.
I’ll have key moves to make now to protect your financial future if you’ve been furloughed.
And how to make a last minute IRA contribution.
Listen at 7:30 a.m. at 95.5 FM KBEK. They stream live at kbek.com.
Hear recent shows at the podcast page.

Long-term financial strategy

One of the benefits of having a long-term financial strategy is that you have already thought through many of the concerns that tend to come up in times of market volatility. You and I have already discussed things like your risk tolerance, your financial horizon and your long- and short-term goals. While we can certainly revisit those things at any time, I encourage you to stay calm and continue to take the long-term view.

Please call 320-679-5183 or email me todd@sjobergholmstrom.com at any time if you have questions or concerns! And of course, do what is necessary to keep yourself, your family and your community healthy. 

(We are an independently owned and operated financial service agency and were not affiliated with any other safe money agency)