Fed Tightens

Fed Tightens It is hard to argue why the Fed is raising rates at this point in time.   The economy has strengthened to a level where zero interest rates are not necessary.  This is not to say the economy is completely out of the woods; interest rates still remain highly accommodative and nowhere near a “normal” rate which we estimate to be around 2-3%.  The Fed continued to make similar dovish comments today.  They indicate that they will gradually raise rates and wait for additional data on the economy before taking additional action.  “Gradual” was so important, it was mentioned

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5 Smart Moves to Make When Near Retirement

5 Smart Moves to Make When Near Retirement When you're in your 20s, you tend to work hard and play hard. But as you get older and settle down, you may find yourself thinking more about the future and trying to keep everything you've worked for, rather than scrambling to build wealth. 5 Smart Moves to Make When Near Retirement As your attitudes and priorities shift, your investment strategy should evolve with them. So here are some smart moves to make as you inch closer to retirement.1. Max out your 401(k) contributions While the money you contribute to a 401(k)

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Intergenerational Generosity from the Boomers!

Intergenerational generosity: Here come the boomers! During the holidays and especially at Thanksgiving, gratitude is the pervasive theme: gratitude for sustenance, for bounty, for freedom. Gratitude for life itself. Intergenerational generosity from the boomers! Gratitude can beget generosity. Gratitude is often enhanced by the passage of time and the aging process. In fact, increasing numbers of baby boomers who have had successful career s, whose children are grown, and who may have "powered down," will likely prove to be the most generous generation in history. So says Merrill Lynch in a recent research report on giving by retirees. As a group

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Couples risk retirement avoiding financial planning conversations

Friendly Scammers Preying on Seniors

Couples risk retirement avoiding financial planning conversations Couples are putting their plans for a comfortable retirement at risk by avoiding talking to each other about their finances, according to new research. Couples risk retirement avoiding financial planning conversations The research by insurers Prudential found that one in five (20%) couples over the age of 40 has never discussed financial planning for retirement, while nearly two thirds (63%) say they have never met as a couple with a professional financial adviser to discuss retirement planning. Each year Prudential surveys couples aged 40-plus on their retirement aspirations and their attitudes to financial planning, and this

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Tax Scam Consumer Alert

Friendly Scammers Preying on Seniors

Tax Scam Consumer Alert Seniors and consumers watch out!  Tax scams are on the rise.  We heard from several clients that received calls from fraudsters posing as IRS tax collectors asking for immediate payment or face immediate consequences.  One of our elderly clients was very frantic, nervous and scared when she received this scam call.  She really thought she needed to make a payment over the phone.  We're just thankful she thought to called us first before she did something she would regret later. Tax Scam Consumer Alert Below is additional information about this phone scam that was taken directly from

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Protecting Yourself with Cybersecurity

What is Cybersecurity? Most refer Cybersecurity as technology security or in other words protecting your computers or data from unauthorized access, change or destruction. Most of us at one point in our lives have been a victim or know someone who has been violated by a “hacker” trying to use our personal and confidential information for their own profit or use.  If you turn on the news or read periodicals on any given day you will hear or read about financial institutions, retail institutions, government departments, hospitals, schools and airlines that are being compromised.  It is uncomfortable to think that

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The Essence of Estate Planning

The Essence of Estate Planning Since none of us know the exact day and time we will die, time is the essence of a good estate plan. The Essence of Estate Planning Having a good estate plan requires the self-realization that we will not live forever.   So given this fact, ask yourself "What will happen to all of my stuff, and who is going to take care of my overall well-being if I am not able?"  As you ponder this thought, either a sense of angst or peace will follow.  If you have angst then you probably need to do an evaluation of

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Everything About 0% Intro Rate Credit Cards

Tired of reading review after review about 0% APR intro rate credit cards? Having no luck when it comes to finding an all-in-one-review about 0% APR intro rate credit cards? Confused with what you've read so far about 0% APR intro rate credit cards because everything seems to be contradictory? Well, look no more because this article is indeed what you're looking for. Everything About 0% Intro Rate Credit Cards In this article you will learn everything you want to know about 0% APR intro rate credit cards.  You may also discover more than you bargained about 0% APR intro rate

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