When it comes to planning for retirement, savers often try to allocate as much money as possible in employer-sponsored retirement plans and IRAs. And why not?! The tax deferral features of these accounts may provide years of attractive growth without paying Uncle Sam any taxes until the time you start withdrawing money for your [...]
Every Now and Then, “Too Good To Be True” Should Not Get a Bad Rap! In my role as a wealth manager, financial firms regularly approach me to discuss planning strategies or investments that they promote as innovative and unique. Most of the time, I find that they are not necessarily groundbreaking or different, [...]
Maybe you are a professional who has worked for one or just a handful of companies over a long and successful career. During that time, you have been a diligent saver and investor and now find yourself with what some people would view as a “first world” problem. While most of your investments have [...]
Spring has sprung in most parts of the country and with it has come not only the return of nice weather but hopes of the resumption of normality in our lives. One surprising aspect of these times has been how well the household finances of many American households have held up since the initial [...]
Growth stocks have dominated the market for the last decade, led by tech giants and other fast-growing companies. While it's possible this trend may continue, some analysts think that value stocks may have strong appeal during the economic recovery.1 No one can predict the market, of course. And past results are never a guarantee [...]
More People Delay Claiming Social Security The average age for claiming Social Security retirement benefits has been steadily rising. Older Americans are working longer, in part because full retirement age is increasing incrementally from 66 to 67. A worker may begin receiving Social Security retirement benefits as early as age 62, but monthly benefits will [...]
It’s now been over a year since COVID-19 first hit American shores. While the pandemic has affected everyone to varying degrees, we can all agree that everyone’s life is different today than it was a year ago. It’s difficult to remember what normal looks like at this point. If you are a mid-life professional [...]
The Possibility of Higher Inflation Rates What’s up with inflation? Over the past several weeks, you have probably noticed widespread news coverage about the risks of rising prices in 2021 and ultimately higher inflation rates potentially for years ahead. The recent publicity about higher prices has been as sudden as it has been surprising. [...]
When we think of healthcare these days, our thoughts are most likely focused on the well-being of our family and close friends during these uncertain times of Covid-19. Even as the rollout of remarkable Pfizer and Moderna vaccines accelerates and the rate of new coronavirus cases declines, many people still feel appropriately vigilant about [...]
Career transition or job loss is always an important life event but it can have especially significant implications in mid-life. And when you find yourself facing mid-life job change during a global pandemic, there really are many important questions to consider. Do you want to stay in your current job role or pivot into [...]
