Attorney-CPA Joe Cordell and co-host Jill Enders are joined by Certified Financial Planner John Wehmer, of Cornerstone Wealth Management, as they discuss some of the financial repercussions of the COVID-19 pandemic.
They talk about the stress that financial uncertainty can cause during this pandemic, as well as how possible unemployment may affect a client’s financial situation.
John talks about needs vs. wants, when it comes to a client’s retirement, as well as what he expects from the financial landscape in the rest of 2020 and 2021.
He talks about the cruise, flight, and entertainment industries and how long it may take for them to bounce back.
John describes how the questions he asks his clients helps shape his economic outlook, as well as how many of his clients are turning toward home renovation during the pandemic.
John speculates how the 2020 Presidential Election may affect the financial landscape amid the COVID-19 pandemic.