Developing the right savings strategy for retirement can be a confusing process. After working with clients for several decades, we've found there is still a tremendous amount of mystery around where people should be saving. More importantly, understanding the general tax treatment for the savings vehicles they rely on to help them reach their retirement goals.
It’s hard to believe a year has passed, but we are now looking through a more hopeful lens as vaccines are being distributed. Even so, many Americans are still facing real struggles from the pandemic. In response, the $1.9T American Rescue Plan was passed to offer fiscal relief and economic stimulus.
So, what does the $900 Billion Covid-19 stimulus package mean for you? Here is a quick summary of the highlights.
While year-end chatter typically revolves around market prognosticators and analysts making predictions about what will happen next year (how did that work out in 2020?) we would like to take time to reflect on how we helped clients navigate a historical year for the markets and economy.
A very common question those approaching retirement ask is “what changes should I make to my investment portfolio, and when”?
Medicare is something that impacts millions of seniors every year and is understood by few. There are many layers to Medicare and important decisions that need to be made. Retirees (as well as those working past age 65) are left to educate themselves to make the best health care choices for their situation.
Financial Advisor, Financial Planner, Wealth Advisor, Wealth Manager, Wealth Planner are a few of the job titles investors are forced to decipher while they search for a professional to oversee their life savings. What services do they offer? What are their credentials? What approach will they take to managing my investments? These are just a few examples of the important questions that need to be answered before agreeing to enter a relationship with an advisor.
Warren Buffett was on CNBC last week just as the market rout due to coronavirus concerns was escalating. Asked about the situation, his advice for investors was timely:“Don’t buy or sell your business based on today’s headlines.”
Stocks sell-off. It is an inevitable, even healthy feature of stock markets. Currently, markets are moving lower due to fears that the Coronavirus will slow down the global economy.