A mentor of Joe’s once said to “beware charts and graphs,” and with us all huddled at home staring at screens, we’re consuming more data daily than ever. It’s important to be able to process what we read from financial companies. Sometimes the facts on the page are misleading, and other times it’s what’s NOT stated that is misleading. Joining us today is John Johnson, who dives into data on a daily basis looking for flaws in the numbers. He’s worked with professional sports, election campaigns, businesses, and individuals to help them understand data better, and today he’s here to help YOU.
But that’s not all. One “shark” from Shark Tank says that the companies she’s helping to grow probably won’t survive. Why would Barbara Corcoran say that? We’ll explain, and discuss what that may mean to you. Plus, what happens if you plan to retire during a pandemic? Do you delay your date? Retire later? We’ll discuss planning during times of distress today.
Of course, that’s not all. On the Haven Life line we’ll also talk about rolling 401k plans over to IRAs (or not) AND save time for some of Doug’s amazing trivia.
- Is Retiring in a Year From Now Still Possible? (The Motley Fool)
- Barbara Corcoran says majority of her Shark Tank companies won’t make it through coronavirus (Yahoo)
<14:50> John Johnson
Looking for more from John? Check out his site: EdgeworthAnalytics.com
You can also learn more by checking out his book, Everydata : The Misinformation Hidden in the Little Data You Consume Every Day.
<37:40> Doug’s Trivia
- Which wonky artist, who once had a piece of art get auctioned off for $179M, died on this date (April 8)?
<43:20> Haven Life Line
- Tabita has several older retirement accounts from previous employers. She’s been hesitant to open an IRA because she plans to do a rollover in the future. Tabitha currently has access to 401ks, but has 457b and 403b accounts from previous employers. Can these be rolled over to a 401k as well?
Want the guys to answer your question? You can call into the Haven Life Line and get your question answered on-air HERE.
Join us Friday!
When our roundtable discusses how you can you run some tests to see what financial tricks work best for you.