If you’ve been a diligent saver, chances are good that you have a variety of assets in your name: cash, CDs, bonds, stocks, funds, retirement accounts, insurance products, a home, etc. At some point, though, you’ll no longer be around and those assets will wind up going to your designated heirs. And while everyone likes… View Article
It would seem to make sense that if you’re retired, you can’t “afford” the volatility of the stock market – thus, as you age, common advice is that you should own fewer stocks in retirement. But is that good advice? The answer may depend on your withdrawal strategy. Do you need to access the money… View Article
We would like to spend just a couple of minutes talking about current fixed interest rates. Now, we probably don’t have to tell you that interest rates have moved up a lot in 2022. News of the Fed raising rates has been all over the financial news since March when they started the process. What… View Article
The SECURE 2.0 Act is now law. The legislation was signed by the president in late December of 2022, and it provides a whole slate of changes that are designed to help strengthen the retirement system—and Americans’ financial readiness for retirement. The Act itself contains dozens of provisions, building on earlier legislation that, among other… View Article
In the classic 60/40 stock-bond portfolio, the stock portion is supposed to provide the gains, while the task of the bond portion is to cushion the fall when stocks are going down in value. This past year, though, things haven’t quite worked out that way. Both stocks and bonds are down in 2022, as interest… View Article