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Retirement In Sight: How Much Will Saving an Extra $1k Each Year Help You?

Did you ever wonder what might result from such a small boost to your retirement saving effort, even in midlife? While there is no ready answer to this question thanks to the many variables inherent in financial markets and investment choices, some ballpark math offers an illustration of the potential upside.  Suppose you put $1,000 […]

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Monthly Economic Update – January 2022

U.S. Markets Stocks rallied in December as early data suggested that the health impact of the Omicron variant was less severe than initially feared. The Dow Jones Industrial Average picked up 5.38 percent, while the Standard & Poor’s 500 Index gained 4.36 percent. The Nasdaq Composite lagged, climbing 0.69 percent.[1] Omicron Worries  Stocks got off […]

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Retirement In Sight: When You Are Within Five Years of Retirement

If your anticipated retirement date seems about five years away, think about some of the proactive steps you could take before that date arrives. Acting now could save you some stress later on when you move from your full-time career to the next phase of your life. Take an hour today to candidly assess how […]

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Monthly Economic Update – December 2021

U.S. Markets Reports of a new COVID-19 variant in late November roiled markets as a wave of selling erased the month’s earlier gains. The Dow Jones Industrial Average took the hardest hit, dropping 3.73 percent. The Standard & Poor’s 500 Index fell 0.83 percent while the Nasdaq Composite managed a small gain of 0.25 percent.[1] […]

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Retirement In Sight: If the SECURE Act 2.0 Becomes Law, What Changes?

The SECURE Act altered rules for retirement accounts with a goal of helping both retirees and pre-retirees. Now a legislative sequel, known popularly as SECURE Act 2.0, is proceeding through Congress.

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Monthly Economic Update – November 2021

U.S. Markets A strong corporate earnings season renewed investor enthusiasm for stocks and propelled the market to healthy gains in October.  The Dow Jones Industrial Average advanced 5.84 percent while the Standard & Poor’s 500 Index rose 6.91 percent. The Nasdaq Composite led, surging 7.27 percent. [1] Powerful One-Two Punch  After a difficult September, the […]

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Retirement In Sight: Robocalls, Robotexts: Protect Yourself and Your Money

Are you getting more unwanted text messages on your phone than you used to get? That is partly the result of a good thing – robocalls have declined. Robotexts, however, have increased. As robotexts bilked Americans out of $86 billion in 2020, you want to be wary of even the most innocuous messages coming your […]

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Retirement In Sight: Possible Changes for Catch-Up Contributions

Possible Changes for Catch-up Contributions Since 2002, Americans aged 50 and older have been permitted to make annual “catch-up” contributions to popular retirement accounts – but according to Vanguard’s 2021 How America Saves report, just 15% of retirement savers do. One factor may be the limits on these contributions. Many pre-retirees who are old enough […]

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Monthly Economic Update – September 2021

U.S. Markets Signs of an improving labor market, strong corporate earnings, and more clarity from the Fed on its tapering plans propelled stocks to multiple record highs during August.   The Dow Jones Industrial Average gained 1.22 percent while the Standard & Poor’s 500 Index rose 2.90 percent. The Nasdaq Composite led, picking up 4.00 percent.[1] […]

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Retirement In Sight: Can Having Three Good Friends Promote a Happy Retirement?

Can Having Three Good Friends Promote a Happy Retirement? We can reasonably say that the more money you retire with, the more potential you have to enjoy retirement. Now, what about friendship? Can some strong friendships and an active social circle after age 60 make a big difference in the quality of your second act? […]

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