Our featured article of the month, Election 2024, attempts to provide some context over a hotly debated election and foresight on future expectations as it relates to the economy and investments. Elections and investment markets can become very emotional at various points in time. However, in both cases life moves on, things calm down and...
Our featured article of the month, How To Build an Emergency Fund, helps outline the steps needed to setup an emergency fund. Determining the amount you should set aside is one based on your monthly expenditures. An easy rule of thumb is, what do you need to pay to ensure you don't get yourself into...
Our featured article of the month, Consider Keeping Your Life Insurance When You Retire, starts the conversation on this topic and expands on it slightly in regards to insurance planning strategies. Traditionally, life insurance was considered unnecessary once you hit retirement, the nest was empty and a liability such as a mortgage was satisfied. However,...
Our featured article of the month, Retirement Realities, answers some frequently asked questions about retirement expectations. Online calculators are certainly helpful with projecting figures out many years, but they lack any nuance. Even the systems used by financial planners provide figures and calculations without taking into account the reality of life. Experience and counsel are...
Our featured article of the month, End of the Year Money Moves, provides a few smart ideas on preparing your financial situation for year end. Considering how difficult the investment markets have been this year, why not take advantage of tax-loss selling to offset current or future capital gains? And see below a link to...
Our featured article of the month, The Behavior Gap and Your Financial Health, describes something all of us humans can succumb to now and again; emotional reactions. This article touches on times in invesment markets when emotions are high, like now, which leads to many investors making poor financial decisions. Depending on your situation and your investment...
Our featured article of the month, Fed Chair Changes His Tune, describes the recent shift in language being used by Chairman Powell to address inflation in the economy. As inflation continued to gain traction throughout 2021, Chairman Powell had no choice but to acknowledge what many consumers have already realized, inflation is here to stay....
Our featured article of the month, Are Your Taxes Going to Change?, briefly touches on the pending legislative actions being proposed in DC that may impact your personal finances. As mentioned, this process will likely take months to iron out and may very well never get passed at all. However, the significance of the proposed legislation...
Our featured article of the month, A 6.1% Bump In Social Security?, briefly describes the potential for one of the largest COLA (Cost Of Living Adjustments) in almost 40 years. With the topic of the day centered on inflation, the rising cost of goods and services, seniors collecting SSA benefits may see quite a significant...
Findings From EBRI’s Spending in Retirement Survey Summary InfoGraphic PDF The Employee Benefit Research Institute’s (EBRI’s) Spending in Retirement Survey was conducted in September 2020. An online survey, the Spending in Retirement Survey queried 2,000 individuals ages 62 to 75 about their spending habits and their situation at and during retirement. Ninety-seven percent reported being...
