FINANCIAL STRATEGIES NEWSLETTER
SECOND QUARTER 2022

Greetings!

This quarter we discuss how to pick a retirement community, why the stock market's decline could be an opportunity to get a Roth IRA "on sale" and when life insurance might be appropriate to include as part of your financial plan. We also celebrated three work anniversaries during the quarter and continued to grow our team to better service our clients. As always if there's a topic you would be interested in learning more about, please let us know.

The AFM Team
MARKET UPDATE
Stock markets experienced widespread selloffs in June as fears of a potential recession and continued high inflation weighed heavily on investors. This capped off a challenging second quarter for markets, as all three major U.S. indices ended the quarter down.
SELECTING A RETIREMENT COMMUNITY
Alexandra Armstrong shares her personal insights to help select the right retirement community for you.
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ROTH CONVERSIONS - IS NOW THE TIME TO CONVERT?
With the stock market in a decline, now may be an opportunity to convert some of your retirement assets to a Roth.
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WHEN DO YOU NEED LIFE INSURANCE?
Whether it is helping pay for your funeral or giving those you love some financial security while they grieve, a life insurance policy may help them maintain their current quality of life after you pass.
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AFM NEWS & NOTES
  • AFM celebrated several important milestones with Betsy's 35th, Carl's 20th & Nicolette's 5th work anniversaries!
  • Lucas Campbell joins AFM as a Client Service Associate
  • Meet our new interns, Jack Russell & Alexander Lilly
  • Our team enjoyed an ice cream social
TAX RETURN REQUEST
If you haven't done so already, we would like to kindly request that you send us a copy of your 2021 Federal and state returns to help us better serve you throughout the year. We are best able to perform tax related analysis with your most current tax return. Exactly how the information is used varies from client to client, but may include analyzing Roth conversions, calculating tax projections, and tracking tax data that can impact investment decisions.
Armstrong, Fleming & Moore, Inc.
202.887.8135 |202.887.0050 Fax | info@afmfa.com
Providing financial planning and investment advice since 1983
Securities offered through Commonwealth Financial Network®, Member FINRA/SIPC. Fixed Insurance products and services and advisory services offered by Armstrong, Fleming & Moore, Inc., a Registered Investment Adviser, are separate and unrelated to Commonwealth.
We do not accept orders via e-mail to request, authorize, or effect the purchase or sale of a security, to send mutual fund instructions, or to effect any other transaction. Receipt of important letters, e-mails or fax messages, particularly those related to security transactions, must be verified by telephone at 202.887.8135.
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