Between the CARES Act and the SECURE Act, both of which have been enacted, 2020 has turned out (so far) to be a year of change and uncertainty. The SECURE Act was passed in December of 2019, aiming to make retirement saving easier for individuals, increasing access to tax-advantaged accounts, and preventing older Americans from… View Article
It’s a fairly well-known and well-accepted fact within the investment world that market timing – attempting to get in or out of equities on the highs or lows – doesn’t work. Most investing novices (and even veterans) who trade on daily trends will lose money, and some will lose all of their money. The stock… View Article
Updated April 7, 2020 with information regarding stimulus check mailing dates. Updated April 15, 2020 with information regarding the IRS website stimulus check status. The US government may soon be sending you money in the form of a “stimulus check,” designed to provide some relief to those who have taken a financial hit from the… View Article
One of the most potentially useful tools a financial planner has is the ability to create some form of lifetime income for those who need it. In much the same way that a company could provide a pension to its employees, so may an advisor offer “pensionized” income as a way to provide guaranteed lifetime… View Article
So maybe you looked at your 401(k) balance as recently as mid-February, and then decided you’d finally enough saved up to retire. You put your notice in at work, everyone wished you well, and then… And then. From bull market to bear market in a flash, without warning. What have you done? Can you really… View Article
So the long bull market finally came to an end. The drop in equity values was quick, sudden, but not unexpected. The markets simply did what they’ve always done, and while we never knew the exact date it would happen, we knew it was inevitable. And because we know it’s inevitable but cannot predict when… View Article