The index has overcome obstacle after obstacle through the years. No one knows what will happen tomorrow on Wall Street. Even the most esteemed analysts can only make educated guesses. As the old saying goes: past performance is not indicative of future results. All that said, the...
How can they cope with the financial demands? When many people hear the word “parents,” they picture a couple in their forties ...
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...
Will stocks face further headwinds, or sail strongly ahead? Eurozone debt issues aren’t going away – in fact, it may be several years before the crisis ebbs. Here in May, we have a new development: leaders in Greece and France have been voted out of office,...
WEEKLY QUOTE“It is every man's obligation to put back into the world at least the equivalent of what he takes out of it.” - Albert Einstein WEEKLY TIP Succession planning isn’t just about an orderly ownership transition. It is also about tax efficiency. Waiting too long can mean paying more...
WEEKLY QUOTE“Love is the master key that opens the gates of happiness.” - Oliver Wendell Holmes WEEKLY TIP If you want to improve your credit score, an inactive credit card will not help (and it may even hurt). The key factors in credit score determination are recent activity and recent...
What do you do when an account owner passes away? If your loved ones have invested, saved or insured themselves to any degree, you may be named as a beneficiary to one or more of their accounts, policies or assets in the event of their deaths....