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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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Monthly Economic Update – October 2021

U.S. Markets The stock market hit a pocket of turbulence in September, with investors turning cautious amid Delta variant infections, slowing economic growth and ongoing policy debate in Washington. The Dow Jones Industrial Average fell 4.29 percent while the Standard & Poor’s 500 Index lost 4.76 percent. The Nasdaq Composite dropped 5.31 percent.(1) Sour Sentiment  […]

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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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senior friends

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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Monthly Economic Update

U.S. Markets Last month, the stock market posted a solid gain, overcoming investors’ fears of higher inflation and an increase in COVID-19 cases. The Dow Jones Industrial Average picked up 1.25 percent, while the Standard & Poor’s 500 Index gained 2.27 percent. The Nasdaq lagged, climbing 1.16 percent.[1] A Wall of Worry Climbing a wall […]

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Cropped shot of a cheerful elderly woman hugging her husband who's in a wheelchair at home during the day

Retirement In Sight: Is Financial Health a Factor in Your Overall Health?

Is Financial Health a Factor in Your Overall Health? Data from a newly released Harris Poll of more than 1,000 U.S. workers suggests that a majority of pre-retirees might answer “yes” to that question. Sixty-six percent of respondents to the poll identified their financial health as a component of their overall well-being. In fact, financial […]

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Monthly Economic Update

U.S. Markets Stocks moved higher in June as investors looked past accelerating inflation and the Fed’s pivot on monetary policy. The Dow Jones Industrial Average slipped 0.07 percent, but the Standard & Poor’s 500 Index rose 2.22 percent. The Nasdaq Composite led, gaining 5.49 percent.[1] Inflation Report The May Consumer Price Index came in above […]

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