Of all the investments you’re likely to make in your lifetime, investing in your health may yield the greatest return. Prioritizing your health isn’t just about helping you live longer. It’s about improving your quality of life and allowing you to accomplish more with...
It’s tempting to stay in the perceived safety of cash and the short end, but financial advisors and bond market watchers say investors who have their liquidity needs covered should…
In today’s fast-paced and hyper-connected world, vacation represents an opportunity to get away from it all. It’s a time to unplug, mentally reset, and catch up on much-needed rest. Vacation isn’t just a luxury — it’s become a necessity for those who prioritize their...
This month, we had Consumer Prices (CPI) and Producer Prices (PPI) come in below expectations right before the Federal Reserve’s decision on interest rates. The Fed elected to go on…
The choice between buying and renting a home can be difficult to make, but it’s one that bears important implications for your lifestyle, your goals, and your finances today and in the future. Buying a home doesn’t just give you a sizeable investment – it can also...
According to the Commerce Department, the U.S. economy grew at a lackluster 1.3% annual rate from January through March as businesses wary of an economic slowdown trimmed their inventories. Despite…
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...