Recent Blogs
February 5, 2024
What the Election Could Mean For Your Retirement
As individuals approach retirement, safeguarding their retirement income from potential volatility becomes a paramount objective. With the looming specter of an election cycle, many are understandably concerned about its potential impact on their financial future. If you find yourself pondering the same, let’s delve into proactive measures you can take in preparation. A primary area… View Article
READ MOREDecember 7, 2023
Origins of Economic Downturns: Initiating Points and Warning Signals
As financial advisors assisting individuals in managing their finances, it is our duty to address not only prosperous periods but also the more challenging phases. Amid discussions about economic downturns, the term “recession” frequently emerges, an aspect we may prefer to avoid contemplating but one that we inevitably experience. As our economy appears to transition… View Article
READ MORENovember 27, 2023
Experiencing an involuntary layoff can undoubtedly raise various concerns, and the impact on your retirement planning is likely one of them. While immediate financial obligations such as rent or mortgage may take precedence, it’s crucial not to overlook the potential long-term consequences of neglecting your retirement savings. Crafting a thoughtful plan becomes essential during challenging… View Article
READ MOREJune 27, 2023
Why A 6-Month Emergency Fund May Be Too Much For You
When it comes to saving for emergencies, the commonly recommended rule of thumb is to set aside three to six months’ worth of living expenses. However, recent survey data reveals that a staggering 53% of Americans have no emergency fund at all. Inflation and higher interest rates on debt make it even more challenging to… View Article
READ MOREJune 15, 2023
What is the Projected COLA for 2024? Social Security Recipients May See it Shrink More.
Most people are pleased with the decrease in inflation, but Social Security recipients have mixed feelings about it. In May, the annual inflation rate dropped to 4%, marking the smallest increase since March 2021 and a significant drop from the peak of 9.1% in June of the previous year. The decline was primarily driven by… View Article
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June 8, 2023
Retirement is a phase eagerly anticipated by many individuals, offering a chance to unwind, explore the world, or engage in hobbies that were once put on hold due to work and other responsibilities. However, ensuring a comfortable and financially stable post-retirement lifestyle often requires years of careful planning and saving. It’s never too early to… View Article
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