Economic Storms in 2022 – Part 1

Click the play button to hear the episode or skip around to certain topics!

What economic threats should we be preparing for in 2022? We’ll discuss inflation, taxes, and political turmoil today and how these storms could impact your plan.

What are some economic threats we should be on the lookout for in 2022? On today’s episode, we’ll discuss the first three of six possible economic storms coming in 2022. There’s a lot of outside stressors that can make us worry about our plan, but the best thing we can do is prepare.

Inflation is Rising 

You’ve probably noticed inflation rates. It recently touched 7%, which is the highest it’s been in 40 years. Some of it’s probably transitory. A lot of it is probably more permanent. We do have to be mindful; inflation is always a factor when working on your retirement plan.

Interest rates aren’t keeping up with inflation and this is a problem for many retirees. So, either interest rates are going to go up to match inflation or inflation is going to come down to match interest rates.

How Should We Prepare for Inflation? 

It’s always good to be prepared for inflation and even the possibility of deflation by spreading out your investments. Don’t react with fear and greed, don’t try to pick individual stocks, and don’t try to buy the next “hot big thing” like bitcoin. Always work on diversification.

Taxes in the Short Term and Long Term

You always have to be prepared for taxes. There’s a 30 trillion dollar deficit and there’s 40 trillion in retirement plans like IRAs, 401(k)s, and pensions. All of that money has never been taxed. That’s why we are such big fans of Roth IRAs and their tax benefits.

Political Turmoil 

On both an international and national level, political turmoil seems to be everywhere. We are on the cusp of another election season as well. There will probably be a lot of changes coming up to the table. What is the federal reserve going to be doing about interest rates? The greatest investment you can invest in this year is self-control.

You need to have an advisor that understands the possible threats to your retirement plan and can help you diversify and protect your assets. If you have any questions for Don reach out at (732) 784-2867 or


Listen to the full episode to learn more or skip around to certain topics.

[1:05] We are into 2022

[3:09] There is a lot to worry about

[6:09] – Inflation touches 7%

[10:04] – Prepare for inflation

[12:40] Taxes in the short term and long term

[17:03] State income taxes

[19:52] Stealth taxes

[23:22] Political turmoil

Share the Show, Share the Knowledge!



Donald W. Cash – CPA, CFP®, is an independent advisor. After graduating from Rutgers University, he began his career in 1985 as an accountant. In 1990, he entered the field of Estate Planning, concentrating on long-term care planning. Don has been advising clients in the baby boomer and retirement market for 20 years. He has helped over 1,000 families with their planning needs.

Don advocates for a holistic approach to Estate and Financial Planning and has relationships with other professionals including Attorneys, CPA’s, Mortgage Specialists, Insurance Specialists and Asset Managers.

He is married to Cathy and they have 4 children, Carly, DJ, Nick and Tori. They live in Freehold, NJ.

Don't Stop Here...

The Cycle of Investor Anxiety

How do we overcome the cycle of anxiety we face as investors? On today’s episode, Don breaks down the 5 stages of investor anxiety and how we can overcome these obstacles in today’s world.

Inflation, Interest Rates, and Investment Volatility – Part 2

It seems like all the talk lately as been inflation, interest rates and investment volatility. Every time you look at the news you see rising inflation numbers, gas prices seem to have actually gone up again and the stock market has been crazy volatile. Add in another interest rate increase by the Federal Reserve and the list of issues gets longer and longer. We didn’t have enough time to dig deep into all of these things so, let’s see if we can make some sense of what’s going on and what we can do about it.


(732) 784-2867