June 9th, 2020 Your monthly e-news from TVAMP

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Hello there, June! This year has been A LOT! We're halfway in, with just one month of spring left. As your trusted financial partner, we're here for you. If questions or concerns come up, please don't hesitate to contact us. In the meantime, you might want to review this questionnaire as a brief "financial check-in." Your answers will go securely to your advisor. Keep Living Invested,  Your TVAMP Team (865) 226-9982 [email protected]

The SECURE Act aims to help Americans more easily participate in tax-advantaged retirement accounts , as well as helping ensure that older retirees do not outlive their assets. It’s the largest overhaul to retirement plans since 2006. Read More The CARES Act is intended to help keep businesses and individuals afloat during an unprecedented freeze on the majority of American life. The bill has numerous provisions including ones for retirement, small businesses, and individuals.  Read More

One of our newest financial education videos below: "How To Set and Keep Financial Goals"

When to Take Action We've always reminded clients to "focus on what you can control." Ask yourself two things: Does it matter? Do I have control over it? If your answer is yes for both of those questions, then YES, you absolutely should do something about it.

I n v e s t i n g e x p l a i n e d :

If you want to have a portfolio that is designed to pursue your long-term financial goals, it requires you to take a certain level of risk. Volatility is risky in the short-term, but potentially advantageous in the long-term. After all, volatility is just a measurement of standard deviation, which means, how much something wiggles. Stocks wiggle more than bonds, and bonds wiggle more than cash or cash equivalents.*

F i n a n c i a l w e l l - b e i n g :

Gen X and Baby Boomers: You've probably been thinking a lot about your aging parents right now... In addition to their physical health, their financial health may need a checkup. As they age, it makes sense to help them simplify their finances and think about choosing their durable power-of-attorney. Here's a detailed article on how to help your aging parents.

C h a r t & g r a p h s (i f y o u ' r e i n t o t h a t) :

2020 is only five months old, but in many ways it is one of the most historic years we’ve ever seen. To best sum it all up, here are 10 charts from LPL Research that help tell the picture of 2020 so far.

Is Life Insurance Missing From Your Plan? Life insurance provides potential financial stability to a surviving spouse, children, or other family members in the event of your untimely death. Sadly, many Americans have no life insurance coverage whatsoever, and of those who do, many don’t have enough. Generally speaking, we suggest a life insurance benefit that covers: Your routine living expenses Any outstanding debt Future tuition bills (kids, or grand kids) Spouse's retirement needs

Coverage Options and Uses

This may be the time you need a trusted financial professional most. If you'd like to schedule a time to talk with one of our advisors, please send an email to [email protected] or call us at (865) 226-9982.

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Office Hours 8:00 AM - 5:00 PM Monday - Thursday 8:00 AM - 4:00 PM Friday Learn more about us on our website: tvamp.com . Our advisors have a secure contact form on their individual page.

Live Invested®

Securities offered through LPL Financial. Member FINRA/SIPC. Investment advice offered through TVAMP, a registered investment advisor, and separate entity from LPL Financial. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Stock investing involves risk including loss of principal. Bonds are subject to market and interest rate risk if sold prior to maturity. Bond values will decline as interest rates rise and bonds are subject to change in price. *In other words, standard deviation is a historical measure of the variability of returns relative to the average annual return. If a portfolio has a high standard deviation, its returns have been volatile. A low standard deviation indicates returns have been less volatile.