Nationally Renowned Market Analyst and TV Host will Headline Two New Educational Workshops April 7th
Purchase, NY (PRWEB) March 31, 2016 -- Although David Scranton frequently shares his expertise on investing and the financial markets with a national TV audience, he still prefers to teach the old fashioned way: in person, through educational workshops like the two he’s scheduled to host at Purchase College on April 7th. Scranton, the founder of Sound Income Strategies and host of the weekly Newsmax show, The Income Generation, will lead a workshop at 2 p.m. focusing on required minimum distributions, and another at 6 p.m. on maximizing Social Security benefits.
In addition to hosting his own weekly show and running two financial advisory businesses, Scranton appears frequently on such programs as Fox Business News and CNBC’s Closing Bell. Although glad for the opportunity to reach a wide audience through TV and the internet, Scranton said it’s no substitute for direct, two-way communication with the people he’s striving most to help: retirees and near-retirees.
“Even those at the tail end of the Baby Boomer generation are starting to think about retirement, so that’s a huge faction of the population that is now at, or approaching, this critical life stage,” Scranton said. “And this generation of retirees faces so many challenges that their parents and grandparents didn’t: the disappearance of pension plans, longer life spans, the ever-escalating cost of healthcare... the list goes on.”
On top of all that, Scranton noted that today’s retirees and near-retirees have also lived through two catastrophic stock market crashes in the last 16 years, the collapse of the housing market, and the worst financial crisis in the U.S. since the Great Depression.
“Combine all that with what’s going on in the global financial markets today – turmoil, uncertainty and the potential for another major market crash – and hopefully it’s clear why I make educational outreach such a high priority,” Scranton said. “Just as it’s in a doctor’s best interest to proactively arm people with information beneficial to their physical health, I believe it’s in the best interest of my entire industry for advisors to arm people with information beneficial to their financial health.”
Scranton said his upcoming workshops offer good examples of the kind of information retirees and near-retirees should be armed with. One focuses on ways to minimize the tax burden of taking required minimum distributions, while the other addresses the importance of maximizing your Social Security benefits and coordinating them with other sources of retirement income.
“Unfortunately, some of the most common mistakes retirees make with their money relate to misunderstandings or misinformation around Social Security and RMDs,” Scranton said. “These workshops are always real eye openers for a lot of people.”
Both workshops take place April 7th at Purchase College, Fort Awesome Building, 735 Anderson Hill Road, Room 138. They are free and open to the public. To reserve your seat call 914-921-2505.
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With over 20 years of experience in the financial services industry, David J. Scranton (CLU, ChFC, CFP®, CFA, MSFS) is a highly sought-after market expert who frequently shares his insights on CNBC, Fox Business, and other outlets. In addition to running his own advisory practice, Scranton Financial Group in Connecticut, Scranton is founder of New York-based Sound Income Strategies, a Registered Investment Advisory firm specializing in the active management of individual fixed-income securities. Scranton is also founder of Florida-based Advisors’ Academy, a prestigious training and marketing organization for elite financial advisors nationwide who specialize in helping clients create “defensive,” income-generating savings and investment plans. Scranton adopted his unique business model after his research into market history enabled him to forecast – and protect some clients from – the 2000-2003 market crash. Scranton is author of the acclaimed book “Stop the Financial Insanity,” which details his eye-opening research into stock market history.
Securities offered through Sound Income Strategies, LLC, a registered investment advisor. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial advisor or tax professional about your specific financial situation before implementing any strategy discussed herein.
Teresa Mariconda, Sound Income Strategies, +1 914-921-2505, [email protected]
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