This is an opportune time to review your estate planning documents and engage in planning that takes advantage of low market valuations and high volatility.
The current market downturn is an opportunity to potentially save on income taxes and generate income tax-free growth for retirement savings as markets recover. This could be accomplished through a Roth IRA conversion.
Do you want to help your children develop smart spending habits that will last a lifetime? Or are you a young professional, or know one, who may be using credit for the first time?