When planning retirement, the single most important factor is estimating longevity.That is how long are you and your spouse going to live.According to the Social Security Administration, a man who reaches 65 today is estimated to live until he is 84. A woman turning 65 today is expected to ...
This week the Federal Reserve System has a very important meeting.As I write this column, we expect an announcement on Wednesday of raising interest rates by one-fourth of a point.The stock market is expecting this decision, so it is priced in the current values. The Fed should probably raise ...
One of the things we learned during the pandemic was how quickly life can change.Almost 1 million Americans have died from the virus. While some of these people had serious underlying conditions, many did not.And, early in the pandemic, we saw many people did not have enough emergency money. As ...
Since Russia invaded Ukraine last week the world is on high alert.We were already experiencing the highest inflation rate in 40 years. That situation is only going to get worse because Russia is a major exporter of energy and other natural resources.Since the United States and our NATO allies ...
During the unsettling financial times that we are experiencing today, many investors are concerned about what to do to protect their family.The best solution is to have a written financial plan that creates a blueprint or map to guide your financial future. There must be coordination between ...
One of the biggest financial concerns right now is inflation.You cannot visit a gas station or grocery store without feeling the devastating effects of rising prices. These price increases erode your purchasing value. It is like a hidden tax and these cost pressures hit lowest income people the ...
