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Listen to Johnson Brunetti's Money Wisdom with Joel Johnson CFP®, host of Better Money Television program and Forbes Contributor. Gain true financial wisdom and advice aimed at educating you about all of your financial options when it comes to retirement so you can make the best decisions for you and your family. Get information and education that can bring you peace of mind with your savings and retirement. Whether it’s your 401k account, IRA, or an underperforming asset, Joel Johnson can answer your questions and make you more aware of issues that may affect you.

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May 1, 2020

No one can predict exactly how the economy will recover from this pandemic but we can consider a few different possibilities. Joel explains the most common types of recoveries and what that might look like for our current crisis.


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Today's show schedule: 

0:19 – Four types of market recoveries based on shape.

0:39 – The V-shaped recovery.

1:47 – The U-shaped recovery. Is that still a possibility?

2:31 – What makes a W-shaped recovery happen.

3:33 – How does the hockey stick recover work?

4:48 – The administration’s reaction to this crash has been swift and gives us the best chance to come out of this quickly.

5:52 - How the system almost seized up.

7:56 - Mailbag Question #1: I’m recently divorced and have just received money in a QDRO as part of our settlement. What are my options for what I can do with this money?

9:45 - Mailbag Question #2: I’m thinking about putting a large portion of my savings into cruise ship companies. They’ll eventually start sailing again and prices will go back up, right? I’m willing to wait.

12:00 - If you need to have a conversation about recovery, here’s how to do it.