Retirement in Sight July, 2021

Retirement in Sight July, 2021

Is Financial Health A Factor In Your Overall Health?   Data from a newly released Harris Poll of more than 1,000 U.S. workers suggests that a majority of pre-retirees might answer “yes” to that question. Sixty-six percent of respondents to the poll identified their financial health as a component of their overall well-being. In fact,  … Read more

Monthly Economic Update July, 2021

Monthly Economic Update July, 2021

U.S. Markets Stocks moved higher last month as investors looked past accelerating inflation and the Fed’s pivot on monetary policy. The Dow Jones Industrial Average slipped 0.07 percent, but the Standard & Poor’s 500 Index rose 2.22 percent. The Nasdaq Composite led, gaining 5.49 percent.1 Solid Earnings Stock prices moved erratically throughout May as investors  … Read more

Retirement in Sight June, 2021

Retirement in Sight June, 2021

Could A Second Secure Act Tweak Retirement Rules? When the Setting Every Community Up for Retirement Enhancement (SECURE) Act became law in 2019, it altered retirement plan contribution and distribution rules. There may be an encore. The Securing a Strong Retirement Act of 2021, nicknamed SECURE Act 2.0, has bipartisan support on Capitol Hill, and  … Read more

Monthly Economic Update June, 2021

Monthly Economic Update June, 2021

U.S. Markets Stocks traded in a narrow range in May, with technology and other high-valuation companies under selling pressure. The Dow Jones Industrial Average gained 1.93 percent while the Standard & Poor’s 500 Index rose 0.55% percent. The Nasdaq Composite, home for many technology and high-growth companies, dropped 1.53 percent.1 Solid Earnings Stock prices moved  … Read more

Retirement in Sight May, 2021

Retirement in Sight May, 2021

Pandemic Economy or Not, Some are Aspiring to Retire Early A new study from Hearts and Wallets, a research firm founded in 2010 to study American retirement saving and investing trends, hints that the dream of retiring in late middle age is alive and well, although perhaps in need of a reality check. The survey  … Read more

Key Ways to Maximize Social Security Benefits

Key Ways to Maximize Social Security Benefits

  Social Security planning is a critical step in the financial planning process. While it provides a steady stream of income for most retirees, it can be a taxable benefit for many others, including disabled workers and their families and, in some cases, a surviving spouse and children. Social Security is the only retirement income  … Read more

Monthly Economic Update May, 2021

Monthly Economic Update May, 2021

U.S. Markets A succession of robust economic reports and a healthy start to the corporate earnings season helped spark an April rally on Wall Street. The Dow Jones Industrial Average gained 2.71 percent while the Standard & Poor’s (S&P) 500 Index picked up 5.24 percent. The Nasdaq Composite led, climbing 5.40 percent.1 Signs of Recovery  … Read more

Retirement in Sight April, 2021

Retirement in Sight April, 2021

Need Cash? Avoid Tapping Your Retirement Account Imagine if your 35-year-old self magically appeared in front of you one day and asked for a percentage of your retirement savings or a bit of your retirement income. While this would never happen, something financially analogous happens in the lives of too many people. They withdraw assets  … Read more

Monthly Economic Update April, 2021

Monthly Economic Update April, 2021

U.S. Markets Improved economic conditions and broadened vaccine programs ignited a broad stock market rally, though rising treasury yields dragged on technology and high-growth stocks. The Dow Jones Industrial Average led, picking up 6.62%. The Standard & Poor’s 500 Index rose 4.24% while the tech-heavy Nasdaq Composite added 0.41%.1. Bonds Take Center Stage The month  … Read more

How Generational and Societal Change is Influencing Companies and The Markets

How Generational and Societal Change is Influencing Companies and The Markets

ESG: what does that acronym stand for? Those three letters stand for “Environmental, Social, and Governance” and signify an investment that has particular merit to investors of all ages. A recent Morgan Stanley Bank survey found that almost 90% of millennials would prefer to have investments that suit their values. With young adults, ESG investing  … Read more