Blog

What’s on our mind? You can read about it in our blog. Whether it’s ideas from the industry or emerging trends, you can read about it here. So keep checking in. We’re glad to have you reading along.

Wednesday, April 17, 2024

Spend today, save tomorrow? Okay, we've all been there. But if it seems you're always living paycheck-to-paycheck and never able to save anything for the future, then it may be time to make a change. April is Financial Literacy Month...

Wednesday, April 10, 2024

Are your financial goals well-defined?  While "I want to have lots of money" may sound like a great goal, it's just too vague. How much is "lots?" If you don’t know … how will you know when you have it? And will the...

Wednesday, April 3, 2024

Many young adults are not only wayward financially, but also pessimistic about ever becoming wealthy.  Could it be that our children just aren't getting the financial education they need? April is Financial Literacy Month. This...

Wednesday, March 27, 2024

If your finances are not where you would like them to be, what can you do about it? April is Financial Literacy Month. This is a great time to start picking up the pieces and learn how to rebuild with confidence. After all, a little...

Wednesday, March 20, 2024

Yes, I know, April is still 12 days away but April is Financial Literacy Month and there's lots to say about the subject so let's start early! April marks the start of Financial Literacy Month, a nationally recognized movement to...

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Wednesday, March 13, 2024

St. Patrick’s Day is fast approaching! On March 17, the annual celebration of Irish culture begins with parades, festive music, and fun from coast to coast. Celtic music, Irish pastries, corned beef and cabbage, the camaraderie,...

Wednesday, March 6, 2024

Discover the key considerations in choosing Medicare coverage, including costs, coverage rules, doctor choices, and travel coverage, among others. Plus, learn how to protect yourself from the Medicare COVID Test Scam, which involves...

Wednesday, February 28, 2024

The time following Valentine's Day has always served as a reminder that Spring is on the way. The days are getting longer, the birds and the bees are doing their thing, and people everywhere are thinking about future travel and...

Wednesday, February 21, 2024

By almost any measure, 2023 was a terrific year for stock prices. The Standard & Poor’s 500 index finished up 24%, closing out the year with a nine-week winning streak.1 But throughout January, the naysayers were out in force...

Wednesday, February 14, 2024

Happy Valentine's Day! I thought it might be fun to look at the financial side of February 14. Shockingly, the day many consider the most romantic is also a sweet boost to our nation's economy. Check out these deliciously intriguing...

Wednesday, February 7, 2024

As the much-anticipated Super Bowl LVIII draws nearer (it's this Sunday!), I thought sharing some fascinating details about the big event that will have us all on the edge of our seats would be interesting. Let's huddle up and review...

Wednesday, January 31, 2024

Are you or someone you know turning 50 years old in 2024? You may want to consider a move that other Age 50+ savvy investors are making at this time: Retirement Account Catch-Up Contributions. What are Catch-Up Contributions? When U.S...

Wednesday, January 24, 2024

Time's Person of the Year, Taylor Swift, is shaking off economic downturns and hitting high notes not just on stage but in the U.S. economy, too. The pop sensation's impressive impact extends beyond her record-breaking music, reaching...

Wednesday, January 17, 2024

The Senate and the House returned to work in Washington just last week — which means there's not much time this month to get things done. To recap, Congress passed a short-term budget package before the Thanksgiving holiday to...

Wednesday, January 10, 2024

January is Financial Wellness Month, a time to remind people to make arrangements for their financial strategy. For me, it’s time for me to connect with new clients and discuss their financial situation and aspirations for their...

Wednesday, January 3, 2024

Happy New Year! Wow, can you believe we're now in 2024? I hope you had a safe holiday season and were able to ring in the New Year with the ones you cherish most! As we celebrate the beginning of a new year, you may be excited...

Wednesday, December 27, 2023

Wishing you joy and happiness this holiday season! We want to take a moment to express our gratitude for your support and wish you a wonderful and prosperous new year. Thank you for being a valued part of our family. Here's to a...

Wednesday, December 20, 2023

The Internal Revenue Service recently released updated income tax brackets, standard deduction, and retirement contribution limits for the 2024 tax year. While these taxes are not due for some time, it may benefit you to start...

Wednesday, December 13, 2023

Anyone with an interest in financial happenings may have noticed more than a few mentions of “gold" in the news. Sure, some view it as a key asset to hold during periods of market volatility, but that doesn't quite explain the...

Wednesday, December 6, 2023

I've seen the "Boomerang Generation" in more than a few headlines lately. These young adults return, or "boomerang," to their parents' homes as they attempt to navigate the property market. The key culprit is mortgage rates nearing...

Wednesday, November 29, 2023

The year is winding down, and you’re likely dealing with all that entails, including making health decisions and pondering the new year ahead. Have you had your annual wellness check for 2023? If not, you may want to schedule it...

Wednesday, November 22, 2023

How long has it been since you’ve reviewed your Medicare policy? With open enrollment beginning soon, there are a few questions you may want to ask before you renew, add, drop, or switch coverage. Have you changed or added...

Wednesday, November 15, 2023

The Social Security Administration recently announced that over 71 million Americans, including Social Security and Supplemental Security Income beneficiaries, will receive a 3.2% increase in their benefits for 2024.1 However, it is...

Wednesday, November 8, 2023

Investors know that the stock market moves in cycles, but few are comfortable when the cycle takes stock prices lower. And since late August, the cycle has been decidedly lower. If you’re looking for reasons to worry, you...

Wednesday, November 1, 2023

To piggyback on last week's blog about software updates, let's provide another reminder on the importance of software updates.  We’ve all been there. You’re scrolling through your phone, computer, or tablet, and a...

Wednesday, October 25, 2023

Another item in the arsenal of good cybersecurity hygiene is updating your software regularly. Delaying a software update on your computer or phone seems innocuous, but keeping up with the latest version is a cybersecurity best...

Wednesday, October 18, 2023

Another important cybersecurity item is creating a strong, unique password for every online account you have.  Sometimes, the simplest thing can be the difference between good cybersecurity and a terrible mistake. A strong...

Wednesday, October 11, 2023

Did you know that October is National Cybersecurity Awareness Month? We’re using the rest of this month as a chance to highlight how you can keep yourself and your information safe online. From using complex passwords to being...

Wednesday, October 4, 2023

The stock market rebound has significantly increased the number of workers with $1 million or more in their workplace retirement accounts. According to Fidelity Investments, employees with 401(k) balances exceeding $1 million rose 26...

Wednesday, September 27, 2023

I hope the back-to-school season is going well for you and the people you know. I wanted to discuss an important topic that might be on your mind: the cost of education. Whether you have children or grandchildren preparing for college...

Wednesday, September 20, 2023

It’s football season. School is back in session, the days are getting shorter, and the weather is starting to turn. If you sit down to watch your alma mater play, your “to-do” list may grow. Your car may only have...

Wednesday, September 13, 2023

You may have heard the saying, “inflation hurts savers and benefits borrowers.” The expression suggests that borrowers benefit from inflation because they pay back lenders with dollars worth less than when the money...

Wednesday, September 6, 2023

It’s time for your life insurance checkup.September is National Life Insurance Awareness Month, so it’s a great time to review your coverage.1If you don’t have any life insurance, you’re not alone. Life...

Wednesday, August 30, 2023

Have you saved enough? Whether you started late, or have regularly saved throughout your career, you might wish you could stash some additional cash in your retirement fund. Fortunately, if you’re 50 or older, you can. The IRS...

Wednesday, August 23, 2023

Does fee-based advising make sense? At the end of the day, I believe it boils down to philosophy. Many advisors, like myself, have decided that a business model that requires transparency and trust is just the right thing to do.It...

Wednesday, August 16, 2023

Here’s a riddle. “I’m a two-word phrase that we heard almost every day for two years, but it has dropped from almost all economic talk in 2023?” Answer: Supply chain.As you can see from the accompanying chart,...

Wednesday, August 9, 2023

Now that August is here, you may have a child, grandchild, or someone you know who is starting college or starting their next year of college within the next few weeks or months. But perhaps college is still a few years off and you are...

Wednesday, August 2, 2023

Happy second day of August! Did you know August is "Make a Will" Month and "What Will Be Your Legacy" Month? Yes, there are probably other themes for August other than estate planning but this is an estate planning article, so cut me...

Wednesday, July 26, 2023

Are you saving for the future?People often come to me asking for financial guidance. Some want to know how to invest or diversify the money they’ve saved, but others admit to me they’re just not sure how to save. If...

Wednesday, July 19, 2023

The fourth Sunday in July is Parents’ Day in the United States, created by an act of Congress in 1994. While it may receive less attention than the well-known Mother’s Day and Father’s Day, Parents’ Day reflects...

Wednesday, July 12, 2023

Summer’s here, and the time is right for vacations, outdoor activities, and fun. It’s also a good time to consider a few financial matters. Here are some questions to ask yourself mid-year. Are goals still the same for 2023? Has...

Wednesday, July 5, 2023

The U.S. Department of Education has officially announced that student loan payments will resume in October, ending the three-year-long pause that was implemented due to the pandemic.Starting September 1, interest will begin accruing...

Tuesday, July 4, 2023

Happy Fourth of July! Independence Day is one of the high points of summer in America - a chance for us all to get together and celebrate what makes America so special. As Americans, we have the chance to celebrate our...

Wednesday, June 28, 2023

I'm often asked, "What is financial planning and why is it important?" Let me take a few minutes to explain...Financial planning is the process of managing your money to achieve your financial goals. It involves setting specific...

Wednesday, June 21, 2023

Did you know the Tax Cuts and Jobs Act is scheduled to sunset in 2026? Here’s what’s at stake if the act is allowed to expire: for wealthy families, the $25.84 million federal estate tax exemption (as of 2023 for a married...

Wednesday, June 14, 2023

What is a bull market, and more importantly, who determines if we are in one? Technically speaking, a bull market is defined as a 20% gain in a stock market index, such as the Standard & Poor's 500, from a closing low. So are we in one?...

Wednesday, June 7, 2023

Although the official start of summer is not until June 21st, where I live, summer is already here with kids out of school and hot weather! So, the time is right for fun in the sun (or shade). Like many of us, you’re probably...

Wednesday, May 31, 2023

A recent survey reported that 68% of parents had made financial sacrifices to support their adult children. It's often a difficult decision that can stress relationships, impact retirement strategies, and harm overall financial...

Wednesday, May 24, 2023

I wanted to take a moment to update you on the potential changes to Social Security benefits for 2024. As I'm sure you know, the Social Security Administration calculates annual cost-of-living adjustments (COLA) based on the Consumer...

Wednesday, May 17, 2023

Each May is Older Americans Month, a time to celebrate the wisdom of aging people, recognize their many contributions, and facilitate discussions related to older adults. This year’s observance coincides with the 2023 Retirement...

Wednesday, May 10, 2023

Don't hold a surprise birthday party for Jerome Powell. He would hate it. And if you plan on visiting the Fed Chair, call first. He doesn't like surprises. Powell delivered on his March promise at the most recent Fed meeting by...

Wednesday, May 3, 2023

Market timing must be exhausting. Always moving in and out of the markets based on economic analysis or business headlines must be so challenging.The accompanying chart shows that money held in money market mutual funds rose to $5.1...

Wednesday, April 26, 2023

Even the most thought-out financial strategy may need to be adjusted for unexpected events, such as changes to your family life or career, or shifts in your family priorities. These are important opportunities for us to connect and...

Wednesday, April 19, 2023

It can be pretty easy to find things to worry about in today's economy. For example, according to the Consumer Price Index (CPI), the average price of eggs increased by 60 percent in 2022. That means their price rose faster than almost...

Wednesday, April 12, 2023

Just a quick reminder that the last day to make 2022 contributions to certain retirement accounts is fast approaching. In most cases, the contribution deadline is the same as your tax return filing deadline. For instance, you can make...

Friday, April 7, 2023

We wanted to send a friendly reminder that the stock market is closed today, Friday, April 7, for Good Friday. The bond markets shut down early, at 2 p.m. yesterday, April 6, for Holy Thursday, also known as Maundy Thursday.As we head...

Wednesday, April 5, 2023

April marked the start of Financial Literacy Month, a nationally recognized movement to promote and support financial understanding in children and teens. For many, it's a fantastic opportunity to teach and connect with their children...

Wednesday, March 29, 2023

One of my favorite Warren Buffett quotes is, “Remember that the stock market is a manic depressive.” What he’s suggesting is that stock prices can sometimes swing wildly from day to day in response to even minor news....

Wednesday, March 22, 2023

The stock market can provide some head-scratching moments, which is why I like Warren Buffet’s quote, “...don’t watch the market closely.” Stocks have been strong this year, and they rallied sharply before...

Wednesday, March 15, 2023

Valentine's Day was already over a month ago! The time following Valentine's Day has always served as a reminder that Spring is on the way. The days are getting longer, the birds and the bees are doing their thing, and people...

Monday, March 13, 2023

For the Federal Reserve, credibility is everything. And its credibility is being tested by how it plans to manage the banking system in the days leading up to its March 21-22 meeting. Last month, Fed Chair Powell confidently told Wall...

Wednesday, March 8, 2023

March is Women's History Month, a time to recognize the remarkable contributions of women throughout history. We're honored to share a few examples of women who continue to shape our future as they live their stories.Janet Yellen - is...

Wednesday, March 1, 2023

January 30 to February 3, 2023, was Identity Theft Awareness Week. However, anytime is a good time to tighten up your identity security. If you haven’t been as careful as you intended, consider this your annual reminder. Here are...

Wednesday, February 22, 2023

In the final days of 2022, Congress passed a new set of retirement rules designed to make it easier to contribute to retirement plans and access those funds earmarked for retirement.The law is called SECURE 2.0, and it's a follow-up to...

Wednesday, February 15, 2023

"Is the bear market over?"That's a question I've been asked a number of times in recent weeks. And my answer is the same, "Let's give it a little time."But people are quick to remind me that stocks are off to a good start in 2023,...

Wednesday, February 8, 2023

As the biggest sporting event of the year approaches, football fans all over the nation (including us) are gearing up for the Big Game this Sunday, February 12, at 6:30 PM ET.For many, Sunday means a day of tasty tailgating and...

Wednesday, February 1, 2023

The financial markets are complex systems. They can move from one event to the next so quickly that it's hard to know what’s driving prices.For example, look at the roundtrip oil prices in the chart below. Oil prices surged to...

Wednesday, January 25, 2023

What does the bond market know that the Fed isn’t telling us?Fed officials recently have said that short-term rates will need to climb to over 5 percent to bring inflation under control. But in the table below, you can see that...

Wednesday, January 18, 2023

While you probably already found your notice in the mail, you may be curious about the COLA increase happening for Social Security recipients in the New Year. Starting this month, beneficiaries will see an 8.7% increase to help offset...

Wednesday, January 11, 2023

We hope your holiday season was nice and relaxing and that 2023 is off to a great start!While most of us were enjoying the holidays, Congress spent the final days of 2022 on new reforms designed to help Americans save more for...

Wednesday, January 4, 2023

After a complicated last year, 2023 dawns with new opportunities. Now is the time to think about the new year and plan for action. The start of a year is the right time to work on a dream or two. It is also an excellent time to adjust...

Wednesday, December 28, 2022

A new year is just a few days away. Are you ready? Each day that comes presents something new and exciting both for you and the people in your life. Is this the year you open the door to something new and exciting? Embark on some new...

Wednesday, December 21, 2022

The holiday season is upon us; from story time with sorely missed grandchildren to laughter with friends and family over long-cherished memories, there's little doubt that "the most wonderful time of the year" has arrived.For my family...

Wednesday, December 14, 2022

Over the years, the Fed has followed a similar pattern with interest rates. It raises interest rates, then pauses, so it can see how the economy is adjusting to the higher rates. The chart below shows the Fed’s pattern with...

Wednesday, December 7, 2022

The Internal Revenue Service has released new limits for the coming year. After months of high inflation and financial uncertainty, some of these cost-of-living-based adjustments have reached near-record levels.Individual Retirement...

Wednesday, November 30, 2022

How well do you remember 1981? Harrison Ford had his first bow as Indiana Jones in Raiders of the Lost Ark. Frogger and Donkey Kong were all the rage at video arcades. Bob Ross left the Air Force and took up painting. On top of that,...

Wednesday, November 23, 2022

Thanksgiving is a time to appreciate what we value most, a time to cherish the many gifts we have, and the people that make life special. We can also be thankful that we live in a great country known for its prosperity and abundance.As...

Wednesday, November 16, 2022

We measure the jobs market in many ways, but the Job Opening and Labor Turnover Survey or JOLTS report seems to be of particular interest to Fed Chair Jerome Powell. The JOLTS report tells the Fed how many job openings there are each...

Wednesday, November 9, 2022

I’ve always been a little cautious when people say, “it’s different this time.” But the table below suggests the Fed is approaching 2022’s inflation differently than other financial events in recent...

Wednesday, November 2, 2022

If you’ve felt like stock prices were a little more volatile in 2022 than in recent years, your “spidey senses” are right on the money.The S&P 500 has posted 81 daily moves of at least 1% through August. Of those...

Wednesday, October 26, 2022

Wall Street is always searching for a hero to embrace or a villain to blame. And right now, Fed Chair Jerome Powell is the villain.After the September Fed meeting, Powell said interest rates may be heading higher for longer than...

Wednesday, October 19, 2022

Traditionally, I’ve been a little cautious when people say, “it’s different this time.” After all, the past few years have seen more financial “firsts” than most.But despite that skepticism, this...

Wednesday, October 12, 2022

It’s FAFSA time! As your student prepares for college (or has transitioned into an upperclassman), they can now fill out a Free Application for Federal Student Aid, or FAFSA, for the upcoming school year. October 1st is when the...

Wednesday, October 5, 2022

Have you heard? The Inflation Reduction Act was signed into law on Tuesday, August 16. While the $430 billion package includes many provisions, I thought I’d highlight three key areas where you may benefit the most.Tax credits...

Wednesday, September 28, 2022

These days, an encouraging word can feel like a relief. Here are a few positive stories I’ve noticed lately – like an “everything bagel” sprinkled with good news.I saw a recent report in The Guardian about the...

Wednesday, September 21, 2022

Have you ever heard the expression, "What's the smart money doing?" "Smart money" is an expression that often refers to experts and suggests that well-informed people have a better perspective on current events and what actions to take....

Wednesday, September 14, 2022

The White House recently forgave up to $10,000 to student loan borrowers as part of a larger debt forgiveness program. There are still quite a few questions to be answered, but here are some key points to know.Pell vs. non-Pell: Loan...

Wednesday, September 7, 2022

September is Life Insurance Awareness Month.Life doesn’t stand still. Neither do your life insurance needs.If you have a policy and haven’t reviewed it lately, you may be surprised to discover that what worked for you then...

Wednesday, September 7, 2022

The SECURE Act of 2019 represented the biggest update to retirement law in over a decade. Now, Congress is deliberating on what “SECURE 2.0” legislation might entail.In March, the House passed the Securing a Strong...

Wednesday, August 31, 2022

What would you do with a windfall? It’s a question I’ve read or heard a lot lately. Considering the Mega Millions jackpot grew north of $1 billion a few weeks ago before there was a winner, it’s safe to say most of us...

Wednesday, August 24, 2022

Sometimes, it’s a good idea to get a second opinion.And this may be one of those times.Government reports are telling a rather bleak story about the economy. The headlines talk about high inflation, rising interest rates, and a...

Wednesday, August 17, 2022

In the financial world, some weeks are more important than others, and we just lived through a big one. Let's unpack each of the four key stats:The Fed. As expected, the Fed bumped up short-term rates again at its July meeting. But the...

Wednesday, August 10, 2022

"Where there's a will, there's a way." Sage advice that applies not only to our lives but to your estate strategy.When was the last time you reviewed your will or estate strategy? August is National "Make a Will" Month, an excellent...

Wednesday, August 3, 2022

I hope you're having a wonderful summer. With summer here, the time is right for vacations, outdoor activities, and fun. It’s also a good time to consider a few financial matters. Here are some questions to ask yourself mid-year...

Wednesday, July 27, 2022

During periods of market turbulence, I take comfort in one of my favorite Warren Buffett quotes:“Don’t watch the market closely.”The Oracle of Omaha gave this sage advice in 2016, when Brexit, China’s economic...

Wednesday, July 20, 2022

It’s natural to think “defense” during a bearish market season. But why not mix in some “offense” with your defense? Here are three moves we can discuss together that may be helpful during the current...

Wednesday, July 13, 2022

With half the year behind us, now is a great time to consider what the remainder of 2022 may hold. However, with inflation and economic uncertainty causing many of us to delay or cancel vacations, large purchases, and more, it can be...

Wednesday, July 6, 2022

Rare collectibles can provide an entertaining form of alternative “investment,” and might seem particularly intriguing when markets are wobblier than Aunt Gertrude’s jello salad. Comic books can sell for millions of...

Wednesday, June 29, 2022

When markets cycle lower like they have been lately, perspective is critical. If you’re not connected to someone with experience, it can be easy to miss the big picture.If you zoom out a bit in history, most investors haven't...

Wednesday, June 22, 2022

Few investors should have been surprised when the Federal Reserve raised interest rates after its May meeting. Throughout April, Fed Chair Jerome Powell and several Fed Governors talked about the need to keep raising short-term rates to...

Wednesday, June 15, 2022

The number one question I’m hearing during periods of market volatility is, “When are we going to see the stock market reach a low point?” In spite of recent volatility, my answer remains the same: rather than timing...

Wednesday, June 8, 2022

In your retirement strategy, you’ve likely put a good deal of thought into putting away enough money to enjoy your life, once you’ve put the daily grind in the rearview mirror. Like many, you’ve probably planned for a...

Wednesday, June 1, 2022

Knowing when it’s the right time to retire can be difficult, especially if you love your job. Even professional athletes have a hard time knowing when to walk away! These athletes thought they were ready for retirement but...

Wednesday, May 25, 2022

May is a month to celebrate the older Americans in our country and honor their lives and the accomplishments they still have ahead of them. Older Americans Month was established in 1963 by President John F. Kennedy to bring awareness...

Wednesday, May 18, 2022

"Be fearful when others are greedy and greedy when others are fearful," according to legendary investor Warren Buffett. It's a great quote but complex advice to follow, especially in 2022 when stock prices are down double-digits.

Wednesday, May 11, 2022

If you have a balance on a credit card or an adjustable-rate mortgage, you might be noticing changes in your payments. Higher interest rates are starting to ripple through the personal finance landscape, and it doesn’t look like...

Wednesday, May 4, 2022

Staying positive these days is a lot easier said than done. Inflation is running hot, gasoline prices are up, interest rates are climbing, and it’s hard to remember the last time the stock market had a winning week. Add in...

Wednesday, April 27, 2022

What do The Dukes of Hazzard, M*A*S*H, and The Love Boat all have in common? They were top-rated television programs in 1982; the last time inflation was hovering in the 7% range. When inflation is running hot, you can feel its...

Wednesday, April 20, 2022

One of the biggest stories over the past few weeks has been that the yield curve inverted for the first time since August 2019 (as a refresher, a yield curve inversion means that long-term interest rates have dropped below short-term...

Wednesday, April 13, 2022

April marks the start of Financial Literacy Month, a nationally recognized movement to promote and support financial understanding in children and teens. For many, it's a fantastic opportunity to teach and connect with their children...

Wednesday, April 6, 2022

Wednesday, March 30, 2022

Wednesday, March 23, 2022

Wednesday, March 16, 2022

Wednesday, March 9, 2022

Wednesday, March 2, 2022

Wednesday, February 23, 2022

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Wednesday, February 9, 2022

You may have heard the old Wall Street saying, “Don’t fight the Fed.” It suggests that investors should align their strategy with the Federal Reserve’s outlook rather than try to outsmart the world’s most...

Wednesday, February 2, 2022

Wednesday, January 26, 2022

Wednesday, January 19, 2022

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Wednesday, January 5, 2022

Happy New Year! Sending you warm thoughts and best wishes for a wonderful new year. May the days ahead be filled with joy, laughter, and prosperity for you and those you hold most dear.

Wednesday, December 29, 2021

Financial markets can be challenging to understand. But when markets enter a “bad news is good news” cycle, it becomes even more difficult to follow along.At its November meeting, the Fed outlined its plan to taper monthly...

Wednesday, December 22, 2021

CNBC’s Mad Money host Jim Cramer created the popular FAANG acronym to denote some of the largest, most powerful companies in the world: Facebook, Amazon, Apple, Netflix, and Google. Recently, changes in those companies are...

Wednesday, December 15, 2021

A confident consumer can be a powerful ally in an economy. But when the consumer starts to have questions, we can measure consumer confidence in everything from retail sales to home buying to the personal savings rate.In recent months...

Wednesday, December 8, 2021

Preparing for retirement just got a little more financial wiggle room. Recently, the Internal Revenue Service (IRS) announced new contribution limits for 2022. Staying put for 2022 are traditional Individual Retirement Accounts (IRAs)...

Wednesday, December 1, 2021

To help raise revenue to pay for President Biden’s Build Back Better Plan, Congress is considering a number of tax law changes, including adjusting estate taxes.One of the proposals would reduce the estate tax exemption to...

Wednesday, November 24, 2021

On October 13, 2021, the Social Security Administration (SSA) officially announced that Social Security recipients will receive a 5.9 percent cost-of-living adjustment (COLA) for 2022, the largest increase in four decades. This...

Wednesday, November 17, 2021

There are a lot of questions about President Biden’s Build Back Better plan and potential tax law changes, including an adjustment to capital gains taxes.One of the proposals Congress is considering sets the top rate for taxing...

Wednesday, November 10, 2021

While the world has begun to recover from the economic disruption of the COVID-19 pandemic, the delayed reaction has been felt in the supply chain. Industrial shutdowns around the world slowed production to a relative crawl, leaving...

Wednesday, November 3, 2021

Healthcare can be one of the priciest yet essential parts of life’s journey. And yet, many struggle to utilize the financial tools that may help. Take Health Saving Accounts (HSAs), for example.In 2019, 55% of those with HSAs...

Wednesday, October 27, 2021

Remember when a college education was reasonably priced? In the past 20 years, the cost of college tuition for public universities has risen 165%. College students and their families have been taking on more and more debt, and they...

Wednesday, October 20, 2021

Over the last year, many have seen their lives impacted by the COVID-19 pandemic. The ways in which we work, live, and communicate have drastically changed, to say the least.It’s difficult to predict what other aspects of life...

Wednesday, October 13, 2021

The most recent stats on corporate dividends suggest that global companies are bullish on the world’s economic recovery.Dividends paid to investors are on track to hit $1.4 trillion this year and are expected to stretch even...

Wednesday, October 6, 2021

Plan for tomorrow, today.That seems like sensible advice, doesn't it? Yet a surprising number of people leave no estate plan in place for their survivors. It makes a certain amount of sense. Nobody likes talking about death. But this...

Wednesday, September 29, 2021

Your workplace retirement account can play a critical role in your overall retirement strategy. However, some have gone further with the accounts than others, especially recently.CNBC reported on findings that place 401(k) accounts at...

Wednesday, September 22, 2021

The economic impact of COVID-19 has been felt from coast to coast. And, unfortunately for many pre-retirees, it could potentially impact Social Security benefits as well.A new report indicates that if Congress doesn’t take...

Wednesday, September 15, 2021

From Sept. 15 to Oct. 15 we celebrate National Hispanic Heritage Month. It’s time to honor the culture and contributions of the Hispanic and Latin Americans that make up our great nation.National Hispanic Heritage Month started...

Wednesday, September 8, 2021

On this 20th anniversary of the tragedies of September 11th, 2001, many of us will be remembering the day with prayers, observance, and acts of service.This day is designated Patriot Day. It’s come to mean joining together to...

Wednesday, September 1, 2021

It’s time for your life insurance check-up.September is National Life Insurance Awareness Month, so it’s a great time to review your coverage.1If you don’t have any life insurance, you’re not alone. Life...

Wednesday, August 25, 2021

With all the attention given to inflation, stock prices, and job reports, it’s been easy to overlook the remarkable move in the bond market during the past few months.The yield on the 10-year treasury closed at 1.37% on Friday,...

Wednesday, August 18, 2021

The news keeps getting better for Social Security recipients.It's now projected that benefits will increase 6.1% in 2022, up from the 4.7% forecast just two months ago. That would be the most significant increase since 1983.1...

Wednesday, August 11, 2021

Summer jobs are a perennial aspect of the American workforce. It’s a time when teenagers are filling out applications and, in many cases, earning wages of their own for the first time. But some of what we’ve become...

Thursday, August 5, 2021

With July officially behind us, it’s time to face the facts: we’re already into the the second half of 2021. While there’s still plenty of time to enjoy the rest of summer, we encourage you to slow down and check up...

Wednesday, July 28, 2021

Inflation is defined as the general upward price movement of goods and services in an economy. The key word is “general.” Inflation tends to be uneven and affects the price of some items more than others.If you’ve...

Wednesday, July 21, 2021

The real rate of return is an important personal finance concept to understand.It’s the rate of return on your investments after inflation. The real rate of return indicates whether you are gaining or losing purchasing power...

Wednesday, July 14, 2021

At its June meeting, the Federal Reserve confirmed what many of us have suspected for some time: prices are rising. In fact, prices are climbing faster than many expected. In response, the Fed raised its inflation expectation to 3.4%,...

Wednesday, July 7, 2021

Recently, you may have seen a number of major cryptocurrencies fall thanks to a continuing sell-off that began last week. In fact, over $250 billion was lost in the crypto market alone.1It may be tempting to view this as another...

Wednesday, June 30, 2021

If you never worry about money, please go ahead and skip this blog article. If you’re still reading, perhaps you (like me) are among the majority of people who aren’t independently wealthy and don’t have the luxury...

Wednesday, June 23, 2021

The San Diego Padres signed infielder Fernando Tatis, Jr., to a 14-year, $340 million contract roughly one year after the Los Angeles Dodgers inked outfielder Mookie Betts to a 12-year, $365 million deal. That brings the total to 8...

Wednesday, June 16, 2021

Here’s a little-known fact that may help you save money on life insurance: when it comes to underwriting, insurance carriers typically rate clients to their closest birthday.What does that mean? It means that if you are 39 years...

Wednesday, June 9, 2021

Inflation can be a scary word for people who are retired. It’s code for “prices are going up, but my income may stay the same.”The most recent reading on consumer prices put inflation back into the conversation. The...

Friday, June 4, 2021

Over Memorial Day weekend, gasoline prices hit the highest for this holiday weekend since 2014.1With the Colonial Pipeline outage in the rear-view mirror and an ever-increasing number of adults vaccinated, formerly cooped-up motorists...

Thursday, May 27, 2021

Will your retirement dreams match your reality?That's perhaps the most critical question to ask people who are currently retired. Was your retirement what you expected, or was it something else?For more than 30 years, the Employee...

Tuesday, May 18, 2021

Investors looking for "green shoots" to confirm that the economy is on the mend have seen plenty of examples in recent weeks. Retail sales rose 9.8% in March, the largest monthly gain since May 2020. It's important to remember that...

Thursday, May 6, 2021

What does it mean when two of the most powerful voices in American financial life seem to be saying two different things? In one corner, we have the “Oracle of Omaha,” investor Warren Buffett. As one of the nation’s...

Wednesday, April 28, 2021

So you've prepared for your goals and you believe you are on track for your financial goals. That's wonderful. What now?April is Financial Literacy Month. If you haven't put some thought into Asset Protection Strategy, now...

Wednesday, April 21, 2021

Spend today, save tomorrow? Okay, we've all been there. But if it seems you're always living paycheck-to-paycheck and never able to save anything for the future, then it may be time to make a change. April is Financial Literacy Month....

Wednesday, April 14, 2021

Are your financial goals well-defined? While "I want to have lots of money" may sound like a great goal, it's just too vague. How much is "lots?" If you don’t know … how will you know when you have it? And will the...

Wednesday, April 7, 2021

Many young adults are not only wayward financially, but also pessimistic about ever becoming wealthy. Could it be that our children just aren't getting the financial education they need? April is Financial Literacy Month. This is the...

Wednesday, March 31, 2021

If your finances are not where you would like them to be, what can you do about it?April is Financial Literacy Month. This is a great time to start picking up the pieces and learn how to rebuild with confidence. After all, a little...

Wednesday, March 24, 2021

The acronym “SPAC” is showing up more often these days because there is some big money behind the revitalized investment approach. SPAC stands for Special Purpose Acquisition Company, and they are sometimes referred to as...

Saturday, March 20, 2021

Spring is here! The first Day of Spring in the Northern Hemisphere begins on Saturday, March 20th, at 5:37 a.m. EDT. And soon the landscape will turn greener and the weather warmer. Perhaps you are already thinking about what you...

Wednesday, March 17, 2021

Today is March 17th - Happy St. Patrick’s Day! Today is annual celebration of Irish culture with parades, festive music, and fun from coast to coast. Celtic music, Irish pastries, corned beef and cabbage, the camaraderie, and...

Friday, March 12, 2021

Do the days seem to be getting a bit longer? You’re correct. It is almost Daylight Saving Time. It begins on Sunday, March 14th and for most parts of the country, clocks are turned forward (Spring forward!) one hour from 2am to...

Monday, March 8, 2021

I’m sure you’ve heard that the House recently passed the Senate another round of stimulus to try and counteract the economic effects of the COVID-19 pandemic. The new stimulus package could narrow income eligibility to...

Thursday, March 4, 2021

One time-tested principle of investing is, "when bond yields move higher, bond prices tend to move lower." Investors are doing a "double take" on the 10-year Treasury yield, which recently topped 1.5% — its highest level in...

Wednesday, February 24, 2021

The 10-year Treasury yield has climbed higher since the New Year, which means that some bond prices are dropping. You may have seen the headlines that say, “10-Year Yields Over 1%.”For some, the first time they experience...

Wednesday, February 10, 2021

Recently, the Internal Revenue Service (IRS) announced that tax season will start a little later than usual. This year the IRS will begin accepting and processing 2020 tax returns on Friday, February 12, 2021.1In light of the December...

Wednesday, February 3, 2021

You may have heard the news about stocks for certain companies suddenly ballooning, quickly going from lunch money prices to several hundred dollars a share. In one case, the shares rose over 1700% since December 2020.1 So, what...

Wednesday, January 27, 2021

On October 26, 2020, the Treasury Department released the 2021 adjusted figures for retirement account savings. Although these adjustments won’t bring any major changes, there are some minor elements to note. 401(k)sThe salary...

Wednesday, January 20, 2021

January is Financial Wellness Month, a time to remind people to make arrangements for their financial strategy.For me, it’s time for me to connect with new clients and discuss their financial situation and aspirations for their...

Wednesday, January 13, 2021

After a bit of political posturing in December, the $900 billion Consolidated Appropriations Act of 2021 (2021 CAA) was signed into law by President Trump as the COVID-19 pandemic continues to impact employers and employees...

Thursday, January 7, 2021

The first week of 2021 has already had many ups and downs. Just because it’s a new year doesn’t mean that the 2020 issues go away, and so far, 2021 has been no exception to this rule.The markets opened on January 4 and...

Wednesday, December 16, 2020

With the Federal Reserve keeping interest rates at or near zero, you may wonder about your mortgage. Is it a good time to refinance or even pay off the debt entirely? After all, your mortgage is one of the biggest expenses you may...

Wednesday, December 2, 2020

As an investor, it can be tempting to get caught up in daily news headlines. Consider how news about the election and COVID-19 vaccines have moved the markets over the past several weeks. But having a financial strategy can help you...

Wednesday, November 25, 2020

Now that several major news groups have projected Joe Biden the winner of the presidential election—and Congress appears divided with Democrats in control of the House and Republicans the Senate—it’s a good time to...

Wednesday, November 18, 2020

Applications for the Free Application for Federal Student Aid (FAFSA) are now open for the academic year 2021-22. Applying for the FAFSA allows you to qualify for grants, scholarships, and other federally-sourced aid, such as...

Thursday, November 5, 2020

On October 26, the Treasury Department released the 2021 adjusted figures for retirement account savings. Although these adjustments won’t bring any major changes, there are some minor elements to note.401(k)sThe salary deferral...

Wednesday, October 28, 2020

As the U.S. presidential election draws near, expect to see more and more headlines that propose, "What will happen next if this person is elected?" or, "What policy changes to prepare for in the next four years?"In reality, however,...

Wednesday, October 21, 2020

Due to COVID-19, Americans are spending more time at home than ever before, leading to a record amount of spending on home improvement.1It’s not that big of a surprise since many Americans now find their homes are doing triple...

Wednesday, October 14, 2020

A U.S. drug company recently said that it’s in late-stage trials for its coronavirus vaccine and reported that it could be given to Americans as early as the end of the year.1Great news. But it seems like every few days...

Wednesday, October 7, 2020

In theory, investors understand that stock market corrections are part of the investing process. But experiencing a setback—like the one we’ve witnessed in the past four weeks—can raise a lot of shoulda, woulda,...

Wednesday, September 30, 2020

With all of the storm and stress of the year 2020, you’d be forgiven if you momentarily forgot that we’re due for another national election in November. Many states will be selecting governors, representatives, and...

Wednesday, September 23, 2020

Most recently, you may have read that Federal Reserve Chair Jerome Powell announced a change in how the Fed views inflation. In the past, the Fed said it would consider adjusting short-term rates when inflation approached 2 percent....

Wednesday, September 16, 2020

The Dow Jones Industrial Average (DJIA), one of the most widely followed stock market indices, has made some key changes to its starting lineup.Salesforce.com, Amgen Inc.and Honeywell International Inc. have replaced Exxon Mobil Corp....

Wednesday, September 9, 2020

Two high-profile companies—Apple and Tesla—have announced stock splits in the past few weeks, which makes it a great time to discuss what’s involved when a company announces a stock split.Remember, any companies...

Wednesday, September 2, 2020

In our uncertain climate, it’s unsurprising that when American investors are thinking about their financial strategy, that the topic of life insurance comes up.For some, it’s always been front of mind. For younger...

Wednesday, August 26, 2020

To some, the buying and selling of a company’s stock by corporate officers and directors can be an indicator of Wall Street sentiment.In July 2020, the ratio of companies with executive buying compared with executive selling...

Wednesday, August 19, 2020

Are you one of the many retirement account holders who took a mandatory distribution this year? If so, you may be able to manage the taxes associated with Required Minimum Distributions (RMDs) from traditional IRAs and 401(k)s. There...

Wednesday, August 12, 2020

Lately, it can feel like each day brings a new headline about fluctuating market behavior. But amid the ups and downs of 2020, there may be some potential good news on the horizon. On July 16, 2020, the interest rate for a 30-year...

Thursday, August 6, 2020

One of my favorite Wall Street quotes is from Mark Twain, who said:“October: This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June,...

Wednesday, July 29, 2020

Hindsight is 20/20. It’s only human to imagine what it might have been like to turn left instead of right on some fateful day. However, that sort of daydreaming is unhelpful when investing, especially when it leads you to try...

Wednesday, July 22, 2020

As Americans adjust their spending habits in a rapidly changing economy, they are building cash reserves at an unprecedented rate.The Bureau of Economic Analysis reported on May 29th that the personal savings rate hit a historic 33%...

Wednesday, July 15, 2020

An “eye-popping” $2 trillion in cash has been stashed in deposit accounts at U.S. banks since the COVID-19 pandemic first hit the country in January.1 This surge of money into banks has no precedent in history. Several...

Wednesday, July 8, 2020

Undeniably, spring 2020 has tried the patience of investors.An 11-year bull market ended. Key economic indicators went haywire. Household confidence was shaken. The Standard & Poor’s 500, the benchmark for the broad stock...

Wednesday, July 1, 2020

Tucked into the gigantic “Coronavirus Aid, Relief, and Economic Security” (“CARES”) Act were two key changes you should know about, regarding required minimum distributions (RMDs). Both were designed to give...

Wednesday, June 24, 2020

The deadline for making Individual Retirement Account and Health Savings Account contributions for the 2019 tax year has been extended to July 15, 2020. If you have any questions about contributions to HSAs or other accounts,...

Friday, June 19, 2020

Let’s hear it for the dads, the ones who help us grow, give us guidance, and look out for us in a million different ways. In celebration of Father’s Day, here are some of the ways you can honor the father-figures in your...

Wednesday, June 17, 2020

Few life events are more stressful than a job loss.If you or someone you know is in this situation due to COVID-19, you’ll likely have several questions about job hunting, unemployment insurance, and health care. You may also be...

Wednesday, June 10, 2020

As Americans adjust their spending habits in a rapidly changing economy, they are building cash reserves at an unprecedented rate.The Bureau of Economic Analysis reported on May 29th that the personal savings rate hit a historic 33%...

Friday, June 5, 2020

As states cautiously begin the process of relaxing their COVID-19 restrictions, some are wondering, “Why is the stock market doing so well when the economy is doing so poorly?”It’s a great question, and fortunately,...

Wednesday, June 3, 2020

Are you eligible for a stimulus check from the Treasury Department?As of Friday, April 24, the Internal Revenue Service said it had issued 88 million payments to individuals across the country. It plans to send out more than 150...