It’s essential to know the critical ages regarding taking Social Security that may impact the amount of your benefits. Getting the most out of your Social Security retirement benefits can be the difference of thousands of dollars over time. For this reason, you need to determine a suitable age to start taking Social Security that … Critical Ages On The Social Security Benefits Timeline
Planning for retirement can seem premature when you have only been in the workforce for a decade or so. But as the oldest Millennials begin to hit middle age, retirement suddenly does not seem so far away. From record-busting market highs to unprecedented pandemics and global financial disasters, the path to retirement looks a bit … Top 5 Things Millennials Should Consider When Retirement Planning
The need for regular saving and investing spans many life stages. Through the years, your goals will change and your strategies will shift, but don’t be alarmed. You’re just progressing through the normal stages of life, getting closer to achieving your own financial freedom. Here are some common goals and possible investment portfolios for four … Securing Your Future With Life Cycle
Planning for the future needs of an aging parent can often be a sensitive and delicate task for adult children to undertake. Baby boomers who must balance the needs of their own children with concerns about their parent’s well-being have become known as members of the “sandwich generation,” as they struggle to provide multigenerational care … Assessing The Needs Of An Aging Parent
Working towards financial independence can often be a lifelong process. But for many, financial freedom may come far sooner—and include some fun along the way. What are the differences between financial independence and financial freedom, and what steps can you take to work towards both goals? Here we discuss the answers to these questions and … Financial Freedom vs. Financial Independence: Key Differences and How To Work Towards Both
GAS PRICES HIT RECORD HIGHSLet’s start with the single price that matters to consumers most: gas prices. Even if you drivean electric car, it would be hard not to notice the huge increase in gas prices over the pastyear. As shown in Figure 1, the AAA national average price for a gallon of gasoline just … RELIEF AT THE PUMP AND FOR PORTFOLIOS?
HOW LONG DO BEAR MARKETS TYPICALLY LAST? The current bear market, which began at the January 2022 highs for the S&P 500 Index, is actually already old by recent standards. At about five-and-a-half months old, it is already older than six other bear markets going back nearly 40 years, with only the 2000-2002 tech bubble … BEAR MARKET Q&A
TOUGH YEAR FOR THE TRADITIONAL 60/40 PORTFOLIOIt’s been a tough year so far for a traditional “60/40” portfolio, a portfolio of 60% stocks and40% bonds. Using the S&P 500 Index and the Bloomberg U.S. Aggregate Bond Index (“Agg”)to represent stocks and bonds, the traditional 60/40 was down 15% as of market close on June10 on … Is The 60/40 Portfolio Dead?
ECONOMY SLOWING, NOT SHRINKINGWe believe the domestic economy will continue to grow this year. Other than the anomaly inQ1 GDP (gross domestic product), we think the economy has sufficient momentum to offsetthe inflationary pressures. “Our base case forecast includes an inflation rate that moderates assupply bottlenecks improve and we get some closure to the Russian … Economy Slowing But Not Shrinking