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Retirement In Sight: Thinking About Leaving Work a Little Early?

Thinking About Leaving Work a Little Early? The so-called FIRE movement (FIRE stands for financial independence, retire early) has garnered so much attention, even those who anticipate retiring in their 60s are wondering if they should make a sacrifice or two to exit their careers or businesses a bit earlier. A poll, commissioned by personal […]

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Retirement In Sight: How Retirement Saving Relates to Retirement Spending

How Retirement Saving Relates to Retirement Spending Sometimes an article will present a generic retirement forecast, stating that the average person may need “X” dollars in savings to retire confidently. Stories like these appear every so often on financial websites, and they should be taken with a grain of salt. These articles imply that a […]

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Monthly Economic Update

The Month in Brief You could say June was a month of highs. The S&P 500 hit a record peak, oil prices reached year-to-date highs, and gold became more valuable than it had been in six years. (There was also a notable low during the month: The yield of the 10-year Treasury fell below 2%.) […]

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Retirement In Sight: Can You Stay on a Company Health Plan After Age 65?

Can You Stay on a Company Health Plan After Age 65? Generally, Medicare is available for people age 65 or older—this is well-known. What is less well-known is the fact that some companies can legally cancel group health insurance for a worker reaching this milestone. Baby boomers who aspire to keep working into their mid-60s […]

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Monthly Economic Update

The Month in Brief Hopes for a quick resolution to the U.S.-China trade dispute faded in May as discussions broke down and rhetoric from both sides turned tough again. The disappointment lingered on Wall Street: The month saw losses for stocks. On Main Street, consumer confidence was strong and inflation tame. Mortgage rates reached year-to-date […]

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Retirement In Sight: Retiring with a Cash Reserve

Retiring with a Cash Reserve Many people want to enter retirement with (a) investments that may have benefited from years of growth and compounding, (b) a manageable debt position, and (c) a cash reserve for emergencies. Just how large should that cash reserve be? There is no simple answer to that question because the answer […]

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Monthly Economic Update

The Month in Brief Wall Street shifted its focus from trade to earnings in April. On that front, the news was good: Through April 26, first-quarter results for S&P 500 firms had beaten expectations by 5.3%, a bit better than the historical average of 4.8%. A strong first-quarter gross domestic product reading and solid consumer […]

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Retirement In Sight: In Retirement, Your Spending Could Fluctuate

In Retirement, Your Spending Could Fluctuate Your retirement income strategy will almost certainly evolve. How much you spend will vary from year to year, and in some years, you will spend more on some things than others. At the start of your retirement, you may spend more than you think. A recent J.P. Morgan Asset […]

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Monthly Economic Update

The Month in Brief The Federal Reserve altered its outlook on interest rates in March, and the stock and bond markets took notice. Both the Fed and the European Central Bank communicated that they saw economic growth moderating. Even so, the S&P 500 managed to advance 1.79% for the month. Trade talks continued between the […]

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Retirement In Sight: Dealing with a Surprise Retirement

Dealing with a Surprise Retirement For years, you have imagined the way your second act will unfold: when it will start, what you will do, and where you will be. Then life hands you a wild card. You are forced to retire years earlier than you planned and with little notice. How do you adjust? […]

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