News

Monthly Economic Update

The Month in Brief Early January gains gave way to late January losses as the coronavirus emerged as a global health concern and, correspondingly, a concern for the investment markets. The S&P 500 ended up retreating 0.16% for the month. The coronavirus outbreak was just one of the big stories in January: President Donald Trump […]

Comments Off on Monthly Economic Update Continue Reading →

Retirement In Sight: What Matters More in Retirement: Income or Savings?

What Matters More in Retirement: Income or Savings? Retirement saving is not just about accumulating assets. It is also about laying the groundwork for retirement spending. Any retirement strategy has a core goal: the goal of helping an individual or couple pursue their retirement dreams once their careers have concluded. So, from that perspective, the […]

Comments Off on Retirement In Sight: What Matters More in Retirement: Income or Savings? Continue Reading →

Retirement In Sight: How the SECURE Act Affects Retirement Accounts

How the SECURE Act Affects Retirement Accounts A new federal law, the Setting Up Every Community for Retirement Enhancement (SECURE) Act, directly affects retirees and retirement savers. It changes the rules regarding “stretching” an individual retirement account (IRA), as well as longstanding retirement account rules keyed to age 70½. Under the SECURE Act, in most […]

Comments Off on Retirement In Sight: How the SECURE Act Affects Retirement Accounts Continue Reading →

Monthly Economic Update

The Month in Brief Stocks rallied in December, closing out a decidedly positive year on Wall Street. The S&P 500 added another 2.86% last month, rising 28.88% for 2019. What helped the market? The trade dispute between the U.S. and China cooled, as both nations took what was characterized as an initial step toward a […]

Comments Off on Monthly Economic Update Continue Reading →

Retirement In Sight: Ready for More Time Together?

Ready for More Time Together? A career-focused couple may spend as little as five to six hours interacting with each other on most days, given hours spent working, commuting, shopping, and running errands apart. Once retired, that same couple may spend as many as 15 to 16 hours together each day, with work and commuting […]

Comments Off on Retirement In Sight: Ready for More Time Together? Continue Reading →

Monthly Economic Update

The Month in Brief The S&P 500 rose 3.4% in November and attained a series of record closes in the process. Earnings results helped stocks, as did intermittent signals that the first stage of a U.S.-China trade agreement might be at hand. Job creation improved, and consumer spending lived up to market expectations; consumer confidence […]

Comments Off on Monthly Economic Update Continue Reading →

Retirement In Sight: Working a Little in Retirement May Be Easier Than You Think

Increasingly, Americans older than 65 are finding compelling reasons to return to the workforce, whether part time or full time. Some want the money; some want the challenge and sense of purpose. One factor in their favor: Companies in many industries are having a hard time finding enough qualified workers. So far this year, U.S. […]

Comments Off on Retirement In Sight: Working a Little in Retirement May Be Easier Than You Think Continue Reading →

Monthly Economic Update

The Month in Brief Investors and traders found much to like in October. The S&P 500 gained 2.04% during the month, topping 3,000 again. The Federal Reserve made its third interest rate cut of the year. Word came that the U.S. and China could be headed toward the first phase of a new, bilateral trade […]

Comments Off on Monthly Economic Update Continue Reading →

Retirement In Sight: Generating Retirement Income

Generating Retirement Income Each day, more than 10,000 Americans celebrate their 65th birthday. It’s a milestone, and for some, it signifies the beginning of retirement. Your friends, family, and coworkers may know you’re planning to retire. Some might even ask, “When’s the big day?” If you have concerns about maintaining retirement income, you may not […]

Comments Off on Retirement In Sight: Generating Retirement Income Continue Reading →

Retirement In Sight: Sunnier Prospects for Working as a Senior

Sunnier Prospects for Working as a Senior In recent years, a steady stream of articles has questioned baby boomers’ hopes to work part time in their retirement years. These articles have tended to take a skeptical view of such ambitions. Well, maybe it is time to sweep some of the skepticism away. In August, the […]

Comments Off on Retirement In Sight: Sunnier Prospects for Working as a Senior Continue Reading →