Most investors understand the stock market is having a difficult year. But some investors are less aware of the fact that 2022 is shaping as one of, if not the worst year on record for fixed income investments and balanced portfolios also. Traditional guidance would […]
Read MoreWhat Might Your Social Security Benefit Be in 2023?
According to the Senior Citizens League (I know, they sound like a group of superheroes that can use laser vision to clip coupons from circulars at the speed of light), our favorite element of Social Security benefits, the Cost-of-Living-Adjustment or COLA, is anticipated to net […]
Read MoreFinancial Benefits of Hiring Your Kids in the Family Business
Bringing your children into the family business has its pros and cons that range from teaching kids strong work ethics to alienating other employees due to nepotism. Many parents may not even want their children in the family business at young age so they can […]
Read MoreHow Rising Rates May Impact Your Portfolio
How Rising Rates May Impact Your Portfolio The Federal Reserve has acknowledged that the post-pandemic inflation we have seen isn’t as transitory as once hoped. Supply chain issues haven’t cleared up as quickly as expected and inflation is beginning to take its toll. In an […]
Read More4 Important Changes with SECURE Act 2.0
On March 29th, the House of Representatives voted 414-5 in favor of the “Securing a Strong Retirement Act of 2022” or as it is better known, SECURE Act 2.0. Next the bill will go to the Senate and if passed will expand on the SECURE […]
Read MoreRussia Could Default on Debt as Sanctions Cripple Economy
The devastating war and humanitarian crisis in Ukraine continues to remain in the forefront of news outlets and in the hearts of individuals around the world. Russia has beenthe recipient of financial sanctions from the west, including freezing over $300 billion of foreign reserves due […]
Read MoreMonte Carlo Analysis: Are you using this powerful tool when planning for your future?
A few blog posts ago, we examined the 4% retirement rule of thumb. The 4% rule was based on William Bengen’s examination of every rolling 30-year period from 1926 to the mid-90’s. He found that during that time period, a retiree could withdraw 4% of […]
Read MoreIs This Volatility Normal?
As many have noticed, markets have been extremely volatile this week, first heading into correction territory and then bouncing right back.1 In the moment these might seem like out of the ordinary moves, but are they? The simple answer is not really. These things happen […]
Read MoreGiving the Gift of Stock
Monetary gifts come in all sizes, shapes, and forms. From a dollar in the donation bucket to the purchase of savings bonds for grandchildren, monetary gifts are a generous expression of support that benefit both the recipient and the donor who shares in the joy […]
Read MoreDoes the 4% Retirement Rule Still Hold Up?
Does the 4% Retirement Rule Still Hold Up? One of the most prevalent rules of thumb in personal finance is the 4% withdrawal rate. This was coined by financial planner William Bengen in the mid 90’s when he found that over every rolling 30-year period […]
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