Equity investing – or investing in the stock market – is a popular method for growing wealth, with roughly 58% of Americans who earn over $100,000 owning stocks as recently as 2022.1 When people make investment decisions, they often do so with a specific strategy in...
A combination of inflation and post-lockdown “revenge spending” has chipped away at what people can afford to sock away in the bank.
There's a lot of numbers to weigh when it comes to retirement — but what's your number?
There’s a lot that goes into financial planning for retirement, from managing your various tax obligations to ensuring your income stream is sufficient to cover your needs. As you come up with a withdrawal strategy for your retirement accounts, keep in mind that the...
According to the Commerce Department, Q1 2023 U.S. real GDP expanded at an annualized rate of 1.1%. However, the headline figure masks diverging trends; private consumption growth surged to 3.7%…
There is an old adage on Wall Street: Sell in May and Go Away – meaning the returns for the rest of the year will be muted. Why would they…
A crucial step in building a sound financial plan is ensuring you have access to cash when you need it, but that doesn’t mean you have to keep that cash in a bank account earning modest interest. For investors looking to maintain a certain level of liquidity while...
Social security is one of the most important benefits available to retirees in the United States. It can provide a much-needed financial cushion during retirement, and can make all the difference in one’s quality of life. With that said, here are five key things you...
Facing a financial squeeze, some retirees are returning to work. Here's what to consider before you unretire.
The Federal Reserve has raised interest rates nine consecutive times which triggered a banking crisis and two US banks were taken over by regulators. Meanwhile, there was a forced bank…
The U.S. economy grew at a slower pace in the fourth quarter than initially estimated as Real GDP increased 2.6% according to the Commerce Department’s third and final reading. However,…
Taxes are an important consideration when it comes to managing your finances. Being proactive with your tax planning can help you manage your obligation and put you in a better financial position for the future. Here are some tax planning tips you may be able to take...
An indexed annuity is an insurance contract that provides investors with the potential to earn higher returns than traditional fixed-rate annuities. The returns are based on the performance of an underlying index such as the S&P 500 or a bond market index. While...
Grieving the loss of a loved one is difficult, and in the midst of that grief, it can be hard to know what financial steps to take. For those who have recently lost a spouse, here are five financial steps that ought to be taken as soon as possible. 1. Review...
Ensure Your Financial Security by Understanding 401(k) Rollovers Retirement planning is an important part of ensuring financial security. As such, it is important to understand the nuances and implications of rolling over your 401k. In this blog, we will discuss the...
There are a few key financial things to keep in mind if you’re going through a divorce. First and foremost, it’s important to be aware of your financial situation and be honest with yourself about what you can afford. Next, you need to make sure that all...
It’s almost that time again! Yes, Spring is quickly approaching but with it, the often dreaded tax season is also upon us. However, it doesn’t have to be a time of stress. Here are five things for investors to keep in mind during tax time: Capital Gains...
March should prove to be an exciting month for the markets as it will be data-heavy with employment and inflation updates set to be released around the Ides of March.…
The U.S. economy expanded at a 2.7% annual rate from October through December, a solid showing despite rising interest rates and elevated inflation. The government had previously estimated that the…