How The Coronavirus Shutdown Could Affect You in the Long-Term

Recent events have everyone wondering when a sense of normalcy will return. But the answer isn’t as simple as hoping for a date when stay-at-home orders will be lifted. No one knows if there is a long recession to come, or if the economy will bounce back in the near future. Although things may seem [...]

2020-05-04T14:21:34+00:00May 4th, 2020|Financial Planning, Retirement Planning|

Low Interest Rates, Market Volatility, and Your Retirement

Planning for retirement is never a "set it and forget it" activity. There are unexpected disasters, market drops, and changing laws that invariably cause retirees to reevaluate their plans of action. Recently, market volatility and the Federal Reserve’s decision to cut interest rates may have you wondering how to respond. Here's what to consider when [...]

2020-03-15T23:34:57+00:00March 15th, 2020|Retirement Planning, Stock Market|

Retirement Planning in a Volatile Market

The recent market volatility surrounding the coronavirus may have you concerned, especially if you’re approaching or already in retirement. Feelings of uncertainty, anxiety, and uneasiness are all common during any scary and volatile market.  These feelings are normal and sometimes it can be beneficial to take a step back and look at the big picture.  We can’t [...]

2020-03-03T15:26:08+00:00March 3rd, 2020|Retirement Planning, Stock Market|

New Year, New Law Pt. 4: 4 Ways the SECURE Act Could Affect Your 401(k)

Here’s proof that funding retirement has changed: In 1970, 45% of private sector employees were covered by a pension plan.[1] Now, 4% are covered.[2] Pensions have largely been replaced by 401(k), IRAs, and similar retirement plans, and retirees must find a way to make their savings last throughout retirement. The SECURE Act responds to this [...]

2020-01-28T00:53:43+00:00January 28th, 2020|Retirement Planning|

New Year, New Law Pt. 3: 4 Ways the SECURE Act Makes Saving for Retirement Easier

The Setting Every Community Up for Retirement Enhancement (SECURE) Act is a response to a changing retirement landscape: Americans are living and working longer, working part-time in retirement, and are less likely to have the option to rely solely on pensions. When personal savings must stretch further, it’s important for retirees to have a plan [...]

2020-01-20T18:47:35+00:00January 20th, 2020|Retirement Planning|

New Year, New Law Pt. 2: Time to Review Your Estate Plan

The Setting Every Community Up for Retirement Enhancement (SECURE) Act is the biggest piece of retirement legislation to be passed in years. It will undoubtedly have a major effect on how many Americans approach retirement planning, and particularly estate planning. We’re covering these changes throughout the month and focusing on the elimination of ‘stretch’ IRAs [...]

2020-01-13T20:20:57+00:00January 13th, 2020|Retirement Planning|

New Year, New Law: What’s in the Secure Act?

Donald Trump ended 2019 by signing a 2020 spending bill that includes the Setting Every Community Up for Retirement Enhancement (SECURE) Act. It’s the biggest piece of retirement legislation to be passed in years and it will undoubtedly have a major effect on how many Americans approach retirement and estate planning. This month we’ll cover [...]

2020-01-05T20:01:48+00:00January 5th, 2020|Financial Planning, Retirement Planning|

3 Tips for Financial Health for the New Year

A recent Northwestern Mutual survey found that 41% of Americans are stressed about retirement planning, and 46% worry about outliving their savings.[1] And with 62% of Americans stressed about money in general[2], it’s surprising that only 28% of Americans will actually make New Year’s resolutions that are financial in nature, according to a MassMutual survey[3]. [...]

2019-12-23T21:38:40+00:00December 23rd, 2019|Financial Planning, Retirement Planning|

3 Retirement Costs to Watch Out For

Some surprises are great, like birthday parties, winning the lottery, and getting two candy bars from the vending machine. Others may not be as much fun, like taxes and unforeseen expenses. However, there are ways to help prepare for these expenses so that they’re not surprises. With a custom strategy in place to help cover [...]

2019-11-18T23:46:22+00:00November 18th, 2019|Retirement Planning|

Will You Retire in an Uncertain World?

With a trade war heating up, talk of impeachment, and turmoil in the middle east, the markets have experienced ups and downs. There are many voices out there telling us different things. Some say to sell and save yourself from the worst, others assure us that the market goes up over time and you have [...]

2019-10-21T15:49:38+00:00October 21st, 2019|Retirement Planning|