With the Fed poised to gradually raise rates, this is worth considering. America once experienced something called “moderate inflation.” It may seem like a distant memory, but it could very well return in the second half of this decade. A remote possibility? Most economists think the Fed...
Some baby boomers are supporting their “boomerang” children. Are you providing some financial support to your adult children? Has that hurt your retirement prospects? It seems that the wealthier you are, the greater your chances of lending a helping hand to your kids. Pew Research Center data...
Generalizations about money & retirement linger. Some have been around for decades, and some new clichés have recently joined their ranks. Let’s examine a few. “When I’m retired, I won’t really have to invest anymore.” Many people see retirement as an end instead of a beginning...
How well off do you think you are financially? If your career or life takes an unexpected turn, would your finances hold up? What do you think will become of the money you’ve made and saved when you are gone? These are major questions, and most...
What you and your loved ones need to know. At some point, someone you love may make the transition from living at home to residing at an assisted living or nursing home facility. When should that transition occur, and what factors must be considered along the...
Do you understand your investments? If you don’t, you might be taking unnecessary risks. KISS means “keep it simple, stupid.” Two of the most renowned investors who have ever lived – Warren Buffett and Peter Lynch – have followed this principle in building their fortunes. As...
If anything happens to you, your family has someone to consult. If you weren’t around, what would happen to your investments? In many families, one person handles investment decisions, and spouses or children have little comprehension of what happens each week, month or year with a...
A look at the economist newly nominated to lead the Federal Reserve. Janet Yellen – currently the vice chair of the Board of Governors of the Federal Reserve – has been nominated to succeed Ben Bernanke at the helm of the world’s most important central bank....
WEEKLY QUOTE“It is our choices that show what we truly are, far more than our abilities.” - J.K. Rowling WEEKLY TIP A retirement plan isn’t simply about reaching a number. As you get closer to your savings goals, keep your life goals front and center. WEEKLY RIDDLE If there are...
Shouldn’t it be rising with all this bond buying? Consumer inflation just hit a 50-year low. So indicates the Federal Reserve’s preferred inflation gauge – the Personal Consumption Expenditures (PCE) price index maintained by the Bureau of Economic Analysis.1 Besides tracking consumer inflation, the PCE price index...