Things to check and double-check. Our featured monthly article, A Primer for Estate Planning, asks some thoughtful questions and provides a high level overview of the necessary Estate Planning arrangements everyone should consider as part of prudent financial plan. If you would like to understand how Estate Planning is relevant to your personal situation and...
After many years together, some retired spouses may find their daily routines far apart. Our featured monthly article, One Couple, Two Different Retirements?, initiates a conversation about what is truly important when planning for retirement, beyond the numbers. Our Retirement Lifestyle Planning process furthers the discussion by getting to the heart of what matters to...
The Federal Reserve takes the key interest rate north by another quarter point. On Wednesday morning, futures markets put the odds at 99.6% of a June interest rate increase by the Federal Reserve. Sure enough, the central bank made a move. It raised the key interest rate by 0.25%, taking the target range for the...
An umbrella can provide protection from the elements and insurance can play a vital role in protecting your financial plan and wealth. This month’s featured article Insurance and Investments touches on some important types of insurance coverage any sound financial plan should include like disability insurance and life insurance. However, I would like to add...
The Federal Open Market Committee (FOMC) decided not to raise interest rates, expressing some concern over economic growth. The benchmark rate remains unchanged at the .75% to 1.00% level. As a reminder, the committee raised the target rate .25% at the March meeting citing improving economic activity and the prospect of further growth from fiscal...
While we are all looking forward to summer time, I would like to emphasize the need for an annual financial checkup. Now that the stress of tax season is out of the way, take that next step to ensure your financial plan is updated and your goals are current before your mind heads off to...
The Federal Reserve Raises Benchmark Interest Rate Monetary policy is normalizing due to economic improvement. On March 15, the Federal Reserve raised the benchmark interest rate by a quarter-point to a range of 0.75-1.00%. The increase was widely expected, and it represented a vote of confidence in the economy. 1 This was the central bank’s...
As I wrote in last month’s Retirement Report, February marked a special anniversary for me professionally, 10 years as a Certified Financial Planner™ professional. March also marks a special anniversary, 17 years ago on St. Patty’s Day I completed my Series 7 exam to become an officially licensed advisor in the financial services industry. When...
This February marks a special anniversary for me professionally, 10 years as a Certified Financial Planner™. You may have heard the news about the financial industry adopting new regulations written by the Department of Labor. If so, this month’s feature article The Fiduciary Standard is a timely piece to help you better understand the new...
Assessment of the economy, the markets, and its impact on you From the worst start in stock market history, to the United Kingdom’s (UK’s) European Union (EU) referendum or “Brexit,” to the shocking Trump election victory, to the Italian referendum, and the continuation of monetary action by the major central banks of the developed world,...
