Tag Archives: Pandemic

Episode 34 – How to Retire During a Global Pandemic



A lot of people are planning to retire in 2020. Maybe you’re one of them.

In light of COVID-19, would it be better for you to semi-retire, postpone it completely, or go ahead and retire full time?

In this episode, Royal Standley helps you plan for your next move during this global pandemic. He walks you through retirement options and explains how to evaluate your financial situation so you can make a safe and informed retirement decision.

In this episode, you will learn:

  • What to consider if you’ve lost your job and you’re trying to decide whether to get a second job or retire
  • Why Royal recommends speaking to a financial advisor before you make a retirement decision
  • Overlooked, but essential, questions to ask when you’re interviewing advisors
  • What to discuss with your advisor if you’ve just entered retirement and then the pandemic hit
  • Two ways that the U.S. federal government will probably deal with its new debt
  • And more!

Tune in as Royal walks you through the process of retiring during a pandemic. 

Resources:  Oregon Pacific Financial Advisors: (541) 772-1116

 

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.


Episode 30 – How to Start Planning for Financial Recovery



Do you think COVID-19 will change the way the world functions technologically, socially, financially or economically? 

In this episode of The Life by Design Podcast, Royal Standley shares his tips for financial recovery so that you can be prepared for whatever the new “normal” may look like.  

In this episode, you will learn:

  • How to plan to recover from the current state of the market
  • How business owners and industry have been impacted
  • The importance of evolving workplaces and technology to work from home
  • The global impact of self-isolation and self-quarantine 
  • And more!

Tune in to learn the importance of having defined financial goals and portfolios during these unprecedented times. 

Resources:  Oregon Pacific Financial Advisors 

 

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.


Episode 29 – What Should an Investor Avoid When Markets Are Facing a Downfall?



How has your financial plan been affected by the recent downturn in the market? 

In this episode of The Life by Design Podcast, Royal Standley suggests how to plan and prepare for times when the market is experiencing decline. 

In this episode, you will learn:

  • Various potential reasons for an economic decline 
  • How to separate emotions and finances
  • What capitulation is and why you should selling when the market is low 
  • The impact of time in financial portfolios 
  • And more!

Tune in today to hear how to be prepared for the unexpected.

Resources:  Oregon Pacific Financial Advisors


Episode 28 – All About the CARES Act –– With Royal Standley



In response to the COVID-19 pandemic, the American government has recently passed the CARES Act that will allow millions of people to access different benefits during this challenging time. 

In this episode, Royal Standley breaks down the different types of government assistance that Americans will now have access to, spanning from unemployment and student loan considerations to an extended tax filing date.

In this episode, you will learn:

  • The pros and cons of the CARES Act 
  • How to qualify for recovery rebates 
  • Recommendations for what actions to take with your rebate money
  • What provision might allow people to free up retirement dollars
  • And more!

Tune in now to become familiar with the newly passed CARES Act and how you might benefit.  

Resources:  Oregon Pacific Financial Advisors 

Advisory Services offered through Oregon Pacific Financial Advisors, Inc. Securities offered through United Planners Financial Services of America, Member FINRA / SIPC. Oregon Pacific Financial Advisors, Inc., and United Planners Financial Services are independent companies.