Mattson Financial Services - November 2022

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FINANCIAL SERVICES, LLC

616-514-3831

www.MattsonFinancial.com

NOVEMBER 2022

so managing their 401(k)’s on a timely basis was not permissible. Now, new technology will allow us to manage our client’s 401(k) accounts without retaining login or password information. This allows us to act as a fiduciary and manage these accounts. This change will allow us to better incorporate retirement accounts into our clients’ overall wealth management strategy and other risk assets as well. We look at all your accounts on at least a quarterly basis, depending on market movements, possibly more. Mutual

We will rebalance these held away accounts like 401(k) investments on a quarterly basis because we believe active portfolio management has been the best path since 2008, when the markets became incredibly volatile. Recent markets have moved as much as 3%-6% on a daily manner. Volatility is here to stay. Managing this vast movement was a challenge. Our new technology will allow us to respond more quickly and add extra services we couldn’t previously offer. As we enter this holiday season and reflect on the past year and blessings, we are grateful for your incredible faith in us, and your willingness to regularly refer your family, friends, and work associates. Each day, we’re thankful to help our clients have or establish the retirement plan they want and ensure they will someday pass along their assets with as few tax implications as possible. We aim to maintain that trust for the long haul and won’t lose sight of meeting your goals — even when markets get difficult. And for those of you who have not previously seen a market downturn of 15% or more, I remind you that patience is a virtue. We’re on track with daily market updates, and information — constantly tweaking your portfolio to ensure you’re on the right path to meet your dreams and maintain your critical income needs. As you sit at a bountiful table this Thanksgiving, I thank you again for your trust in us and remind you to take stock of what you have. We often forget to be grateful for our homes and food, and not participating in war as we have for the last 20-plus years. At Mattson Financial, we do not take you for granted, and we look forward to better times ahead. –Gary Mattson

SAVE THE DATE JUNE 4, 2036

At MFS, we are planners. Planning is an essential part of our job, ensuring we stay on track to accomplish our clients’ goals. So, I already know my retirement date: June 4, 2036. You are probably saying, “That’s a long way off.” But I’m sharing the day to reassure you that my absence at the company will not affect our operations, functionality, or clients’ retirement goals. We’re already making changes in preparation of that date. Mattson Financial has come full circle from our beginnings. When we started as investment advisors, we were able to manage our clients’ 401(k) accounts to help them obtain greater returns over time. As we grew in size, our success led us to business in multiple states, like Texas, Florida, and California, where different regulations governed our practices. During this time, it was determined we could no longer maintain their login and passwords,

funds are often difficult to analyze because their holdings aren’t entirely transparent. We know what classifications a mutual fund has and maybe the top 10 companies it’s invested in, but not much else. Mutual funds have sometimes strayed outside their stated goals, giving clients a lower return than expected. Trading is limited to after markets have closed. This new software allows us to see, analyze, and respond to the exact assets being held. We now have transparency. These problems are why we use exchange- traded funds for our clients. That way, we have clarity into what assets each fund holds and make adjustments as necessary in real time manner. The new technology allows us to analyze mutual funds, including fees, and eliminate unnecessary costs. The charge to manage held away assets like 401(k)s is 50 basis points or one-half percent per year.

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SAVE ROOM FOR GOOD FOOD A Preparing Dinner Is a Lot Like Financial Planning Are you hosting Thanksgiving dinner this year? From planning grocery lists, cooking meals, and decorating, you may find some parallels to financial planning along the way. Consider the following financial lessons you may encounter this year while cooking Thanksgiving dinner! Develop a plan. Like any other social gathering or event, Thanksgiving dinner requires some planning. You will need to find the recipes ahead of time, check to see which ingredients you have or don’t have, and be sure to have enough space for all your guests.

Create a budget. Thanksgiving dinner is one of the most expensive meals of the year, so most people need to budget for ingredients before going to the grocery store. It’s essential to determine the number of people attending your dinner to get a better sense of how much you’ll need to spend. This task alone is a prime example of building a financial budget — by determining how much you will need to spend ahead of time, you can give yourself more time to save.

Thanksgiving Is About More Than Food

It’s About Showing Gratitude

As we prepare for our Thanksgiving feasts, Thursday night football games, and Black Friday shopping, take some time to show gratitude for those around you and for what you have. Here are a few ways to practice gratitude this month. Appreciate everything. Get into the habit of being grateful for the little things in your life. It can be easy to acknowledge the

moment and take one day at a time. Tomorrow will surely come, and you only have a limited amount of time in the present.

Celebrate your challenges. Sometimes struggles and battles in our lives can weigh us down. But when you persevere and continue to push forward, you will find success. Challenges help you improve your abilities and resilience, so celebrate the progress you’ve made. Showing gratitude for challenges and negative experiences allows us to acknowledge humility and appreciate growth in our lives. Keep a journal. Writing down the things you’re grateful for will remind you of all the great things you have when other things aren’t going so well. So, keep a journal about what you’re grateful for each day or week — even if it’s just small things at first. Your perspective on life will change, and it will get easier to see the good things and to feel grateful for things you were likely overlooking. Showing gratitude is something we should do every day, all throughout the year — not just during the holidays. So, try to practice mindfulness and gratitude using these tips! Happy Thanksgiving, everyone!

“big” things, but nothing is too small to be thankful for. You can be grateful the weather is nice and sunny, that you received the package you’ve been waiting for, or that you got out of bed today. Don’t leave out anything when practicing gratitude. Practice mindfulness. Mindfulness is the ability to be fully present and aware of what’s happening around you. So, instead of being overwhelmed by what you need to do tomorrow or next week, focus on the present moment and enjoy the time you spend solo or with your loved ones. Live in the

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AND FINANCES

Visit www.mattsonfinancial.com/events for opportunities to connect with the Mattson team!

Similar to finance, developing a plan allows you to put aside the money you need for your event while saving enough money for other expenses. Improvise when necessary. Life is unpredictable, and things don’t always go according to plan. But sometimes, you just have to wing it and make the most out of the situation. Let’s say you forget an ingredient, but the stores are already closed. What should you do? You may consider using a different ingredient as a substitute or run next door to ask a neighbor if they have what you need.

TAKE A BREAK!

Whatever the situation may be, learning to utilize your resources proves to be essential when things don’t always go your way.

There are several valuable takeaways from this holiday season, just like how the main course can change each year, your financial planning goals can always evolve too!

WYATT’S

ROASTED PORK LOIN WITH APPLES

Inspired by MomFoodie.com

Solution on Pg. 4

Ingredients

• • • • •

4 lbs pork loin

• • • • • •

2 red onions 3 garlic cloves

2 tsp garlic powder 2 tsp salt, divided 1 tsp black pepper

1 tbsp brown sugar

2 tbsp olive oil 2 tsp cinnamon

8 apples

3 tbsp butter, softened

Directions

1. In a large bowl, season pork loin with garlic powder, 1 1/2 tsp salt, and pepper, then cover and place in refrigerator for 30 minutes. 2. Preheat oven to 425 F. 3. Slice apples and onions, then chop garlic cloves. Season with brown sugar, olive oil, remaining salt, and cinnamon. 4. In a 9x13-inch baking dish, place a layer of apples and onions in the pan, put pork loin on top, then place remaining apples and onions around it. 5. Break butter into small pieces and place them on the pork loin and apples. Place dish in oven and let it bake for 15 minutes. 6. Reduce the heat to 350 F, then continue to bake for 60 minutes. 7. Remove dish and stir apples and onions. 8. Increase heat to 450 F, put dish in oven, and roast for an additional 8–10 minutes.

CASSEROLE ELECTION GRATITUDE HARVEST

RAKING REMEMBRANCE SAINTS SQUASH

THANKSGIVING TOPAZ TURKEY VETERAN

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FINANCIAL SERVICES, LLC

3226 28th Street SE Kentwood, MI 49512

INSIDE THIS ISSUE

1

Gary Mattson’s Plans for the Future

2

3 Financial Lessons Learned From Thanksgiving Dinner It’s National Gratitude Month!

3

Roasted Pork Loin With Apples Upcoming Events

4

America’s 5 Best Ski Resorts

**Reminder: If you have any changes to your financial situation, please notify us as soon as possible.

Investment advisory services offered through Mattson Financial Services, LLC, an SEC-Registered Investment Advisor. Insurance and annuities offered through Lakeview Financial Group, LLC. Mattson Financial Services, LLC and Lakeview Financial Group, LLC are affiliated companies.

Experience Fresh Powder and Great Views

TOP 5 SKI RESORTS TO CROSS OFF YOUR BUCKET LIST

Temperatures are dropping and snow is falling in some parts of the country, so it’s time for some winter fun! Whether you ski, snowboard, or just enjoy the snow, here are some of the best ski resorts to check out this ski season! Steamboat Springs, Colorado A little less glitzy than some of the other popular ski resorts and towns in Colorado, Steamboat Springs is extremely family-friendly with a Western vibe. Because Steamboat is tucked away in the northwest corner of Colorado, the area catches snow from both Utah and Wyoming, which means you can expect some of the best skiing powder. Whitefish Mountain Resort, Montana While Whitefish Mountain Resort was originally a sleepy, quiet, and remote ski resort, it has gained popularity over the past few years, but it still remains an under-the-radar ski destination with friendly locals and smaller crowds. For

beautiful, lush Montana views and no ski lift lines, Whitefish is a must!

Mad River Glen, Vermont For an authentic, deep-mountain experience, Mad River Glen is considered the best skiing mountain in the East. One of the best features of the resort is that it has single-chair chairlifts — and no snowboarders! The runs are long and the sights are gorgeous while providing an amazing ski run, throwback style! Aspen, Colorado Aspen just had to make this list! This incredibly popular ski resort has four different mountains, providing a wide range of terrains for all different skill levels. The ski resort town is fun, developed, and exciting as well. Deer Valley Resort, Utah A ski-only resort, Deer Valley is a quaint ski town with legendary customer service and

unbelievable Utah powder. It should be noted that the chairlifts are speedy and efficient, and the trails are well-groomed. Lift lines are nonexistent, making for an exclusive and remote experience!

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