WynnSights Blog

Pandemic Interest Rates: How Low Can They Go?

Hugh F. Wynn

Oct 8, 20204 min read

Pandemic Interest Rates: How Low Can They Go?

The Federal Reserve seems to be signaling that short-term interest rates will remain a fact of life for, perhaps, years to come. Wise?

What To Do When Your Rainy Day Fund Runs Dry

Hugh F. Wynn

Aug 13, 20204 min read

What To Do When Your Rainy Day Fund Runs Dry

Millions of out-of-work Americans are currently struggling to pay their bills, whether it be day-to-day expenses or an emergency?

To Contribute or Not? That Is the 401(k) Question

Hugh F. Wynn

Jul 30, 20204 min read

To Contribute or Not? That Is the 401(k) Question

I frequently encourage folks to optimize their 401(k) match opportunities. And I believe it’s incredibly good advice

How to Optimize Retirement Spending During COVID-19

Hugh F. Wynn

Jul 23, 20204 min read

How to Optimize Retirement Spending During COVID-19

The enduring COVID-19 pandemic has retirees (or those nearing retirement) taking a second look at their “buckets of funds” – sources of cash

IRS UPDATE: You Can Refund Your RMD if You Want To

Hugh F. Wynn

Jul 9, 20203 min read

IRS UPDATE: You Can Refund Your RMD if You Want To

Everytime you blink our government is changing a rule or guideline in order to ease the financial burden on Americans during the pandemic.

Investors Have Been Brave During this Pandemic

Hugh F. Wynn

Jul 2, 20202 min read

Investors Have Been Brave During this Pandemic

That pesky COVID-19 virus has caused many folks, young and old, to take a second look at their investment plans.

When, Why and How to Rebalance Your Portfolio

Hugh F. Wynn

Jun 25, 20205 min read

When, Why and How to Rebalance Your Portfolio

The COVID-19 pandemic has reminded investors of the value of rebalancing portfolios.

Investing - like life - does not have to be complicated.

Hugh F. Wynn

Jun 18, 20204 min read

Investing - like life - does not have to be complicated.

Bogle’s principles are the foundation for and embedded in my own PDQ Principles of Investing… Patience, Diversification and Quality.

Healthcare FSAs vs. Health Savings Accounts. What's the Diff?

Hugh F. Wynn

Jun 4, 20206 min read

Healthcare FSAs vs. Health Savings Accounts. What's the Diff?

Unlike a healthcare FSA, money contributed to an HSA can be invested much like contributions to a 401(k) or an IRA.

CARES Act Allows Emergency Withdrawals from Retirement Accounts

Hugh F. Wynn

May 7, 20204 min read

CARES Act Allows Emergency Withdrawals from Retirement Accounts

Provisions of the recent CARES Act makes it easier for retirement plan participants to take early withdrawals and/or loans from those plans

Save and Invest...Or I'll Wash Your Mouth Out With Soap!

Hugh F. Wynn

Apr 30, 20203 min read

Save and Invest...Or I'll Wash Your Mouth Out With Soap!

I don’t believe young people are disinterested in saving and investing.

Did You Know? You Don't Have to Take RMDs in 2020

Hugh F. Wynn

Apr 2, 20204 min read

Did You Know? You Don't Have to Take RMDs in 2020

Among the important provisions of the Coronavirus-related CARES Act are waivers for Retirees with withdrawals due in 2020

Hugh F. Wynn

Feb 13, 20202 min read

Who Pays Taxes On Fund Distributions?

Who pays taxes on capital gains of stock sold during a given year by fund managers.

Hugh F. Wynn

Jan 23, 20203 min read

Tools with Rules: Those Fantastic IRAs

it’s important that Millennials and Gen-Zers begin saving (and investing) early in order to optimize The Amazing Power of Compounding.

Financial Fairy Tales Can Come True (But They Need Some Pixie Dust)

Hugh F. Wynn

Jan 2, 20204 min read

Financial Fairy Tales Can Come True (But They Need Some Pixie Dust)

The easiest path for a Millennial or Gen-Zer to become financially independent and retire early is to carefully select his/her parents.

The Great 2019 Christmas Heist: Congressional Grinch Targets IRAs

Hugh F. Wynn

Dec 26, 20192 min read

The Great 2019 Christmas Heist: Congressional Grinch Targets IRAs

The Setting Every Community Up for Retirement Enhancement (SECURE) Act made several changes to retirement account rules.

Start Saving in Your 20s and Retire a Millionaire

Hugh F. Wynn

Oct 31, 20193 min read

Start Saving in Your 20s and Retire a Millionaire

"Excu-u-use Me" Series: The Roaring 20-Somethings

Hugh F. Wynn

Oct 3, 20195 min read

"Excu-u-use Me" Series: The Roaring 20-Somethings

Unfortunately, because credit is plentiful most 20-somethings save very little by age 30.

Hugh F. Wynn

Sep 26, 20193 min read

The Scary Facts of Retirement Saving

The median retirement savings for most Americans in the decade preceding retirement (age 55-64), wallows in the neighborhood of $100,000.

Hugh F. Wynn

Jul 26, 20194 min read

A Tottering Stool

The Three-Legged Stool – a financial phrase that describes the most common sources of retirement income for many individual investors