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Monthly Economic Update

The Month in Brief October certainly lived up to its reputation for volatility. The S&P 500 suffered its second correction of the year as investors wondered if they were seeing early signs of the peak of the current business cycle, absorbing news of moderating corporate earnings, while also considering the potential impact of higher interest […]

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Retirement In Sight: Three Years or Less to Retirement? Get Ready

If retirement feels less like a possibility and more like an oncoming certainty, then it is time to respond. This is the time to firmly decide whether you want to age in place in your current home or relocate. This is when you work on sustaining the friendships you have made in your career, while […]

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Monthly Economic Update

The Month in Brief Wall Street maintained its optimism in September. While trade worries were top of mind for economists and investors overseas, bulls largely shrugged at the prospect of tariffs and the probability of another interest rate hike. The S&P 500 rose 0.43% for the month. On the whole, U.S. economic indicators were quite […]

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Retirement In Sight: Your Second Act Could Start Before 60

Many baby boomers are vowing to work past age 65, even into their 70s. You may be one of them, and you may realize that ambition. Keep in mind, though, that some people end up retiring before 60 and not by choice. If you sense that could happen to you, think about some of the […]

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Monthly Economic Update

The Month in Brief Wall Street had much to celebrate in August. The S&P 500 and Nasdaq Composite both reached historic heights, with the Nasdaq crossing two 1,000-point milestones in a calendar year for the first time since 1999. The current bull market became the longest on record. U.S. stock exchanges outperformed many others around […]

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Retirement In Sight: Think of Your Retirement in Three Phases

Phases, stages, acts, chapters, steps. Whatever you want to call them, consider that your retirement may unfold in a way that many others have, in three successive financial segments. Your budget and income could see adjustments as you move from one phase into the next. In the first phase of retirement, it is not uncommon […]

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Monthly Economic Update

The Month in Brief While investors kept tariffs and trade disputes in mind in July, a new earnings season provided Wall Street with a lift. Blue chips especially benefited: the Dow Jones Industrial Average rose 4.71% for the month. Broadly speaking, strong corporate profits and domestic economic data gladdened the bulls, even as question marks […]

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Retirement In Sight: Why Take on Debt to Help Your Kids with College?

An unsettling trend is emerging among pre-retirees and retirees. Parents are picking up a greater share of college education costs, and in doing so, they may risk damaging their retirement prospects. A new analysis of higher-education debt patterns by SavingforCollege.com finds that the average college loan debt shouldered by parents rose approximately 6% this year, […]

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Retirement In Sight: When It Comes to Retirement Savings, How Much Is Enough?

While it is hard for any pre-retiree to determine an exact answer to that question, it seems some people are just stumped. A Bankrate survey asked working-age Americans how much they should save to have a comfortable retirement, and the most common answer (61%) was “Don’t know.” The average estimate of the 39% who ventured […]

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Monthly Economic Update

The Month in Brief In May, investors were left to interpret mixed geopolitical and financial signals. The historic U.S.-North Korea summit was on, then off, then possibly on again. An apparent truce emerged in the U.S.-China tariffs battle, but it did not last. Oil rallied, but then prices fell. Federal Reserve policy meeting minutes indicated […]

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