The One Big Beautiful Bill - Q4 State of the Market Update

In this State of the Markets update for early October 2025, we review the latest economic data and market performance across U.S., international, and emerging markets. We discuss surprising returns, currency movements, and bond performance before turning to key tax planning implications from the “One Big Beautiful Bill.”

Topics include the federal deficit, historical tax rates, the new enhanced senior deduction, and strategic considerations for Roth conversions. This update offers valuable insight for investors and retirees preparing for year-end tax planning.


This content was provided by Retirement Planning Services. We are located in Knoxville, TN. You can learn more about us, or schedule an insight call by visiting our website at https://www.seriousretirement.com.

Timestamps:

00:00 – Welcome and Overview of October 2025 Market Update
00:26 – U.S., International, and Emerging Market Performance Year-to-Date
01:22 – Currency Impacts and Implications for U.S. Investors
02:16 – Bond Market Returns and Key Drivers
03:20 – Third Quarter Stock Market Highlights
06:08 – International Developed Market Performance and Diversification
07:43 – Treasury and Corporate Bond Breakdown
11:33 – Introduction to the One Big Beautiful Bill
15:00 – Federal Deficit, Historical Tax Rates, and Implications
19:08 – Enhanced Senior Deduction and Its Impact on Tax Planning
22:59 – Roth Conversions and Planning Considerations
27:48 – Closing Remarks and Advisory Disclaimer

Advisory services offered through Retirement Planning Services, LLC.

The information in this recording is intended for general educational and informational purposes only, and should not be construed as investment advisory, financial planning, legal, tax, or other professional advice based on your specific situation. Please consult with your professional advisor(s) before taking any action based on its contents.