The Interest Rate Hike Effect

The second quarter report is posted and overall, the market continues positive gains. With the recent interest rate hike, investors are left wondering what will happen with stocks. The market report discusses the relationship of rates with stock performance. Unfortunately, the data does not give us a clear picture of the outcome ahead. Nevertheless, the numbers do remind us to stay invested and avoid making changes based on short-term predictions.

Maximize Your Savings Dollar

Key Takeaways Always keep three to six months of emergency cash on hand, pay debts and credit cards in full each month and contribute as much as you can to your company’s retirement plan to optimize the employer match. The order of savings is unique for each person’s situation. That’s why you need a comprehensive … Continued

Now That It’s Finally Time to Use Your 529 Plan

KEY TAKEAWAYS: Distributions from a 529 plan are tax-free as long as they are used for qualified college expenses such as tuition, room and board, books and computers. Distributions from your 529 plan must be made in the same year as your qualified expenses are incurred in order for your distribution to be considered tax-free. … Continued

Planning From the Beginning

We build financial plans that are based on long-term goals that are evaluated and adjusted on a regular basis. Our plans don’t include Monte Carlos or standard deviations, but rather encompass low-cost, tax efficient and diversified portfolios with a road map to retirement and beyond. Helping clients clarify their goals, reach milestones, and build lasting legacies are … Continued

Creating a Plan in Your 40s and 50s

KEY TAKEAWAYS: Saving for your long-term retirement and financial goals can seem overwhelming. Break down your goals into smaller, more manageable steps. Creating a true financial plan will provide you with much needed clarity (and relief) about what it takes to accomplish your goals. Constantly monitor and adjust your financial plan with your advisor. The … Continued

The Hurdles of Retirement Spending

We spend our entire careers saving, building nest eggs, and planning for retirement dates. However when the work stops, it can become difficult to flip the switch and withdraw funds from retirement accounts. The Wall Street Journal discusses the challenges of spending during retirement and how to avoid the mental hurdles that accompany the delicate … Continued

Untangling the Senior Housing Maze

 Guest Writer: Alice Kalso  Silver Age Housing & Care Referrals     Look in a directory of senior housing and care options, and you may get lost in the words. There are so many options, it’s a little like a toddler in a 31-flavor ice cream store. The good news is that there’s an abundance … Continued

To Move or Not to Move? Think Safety

Guest Writer: ALICE KALSO Silver Age Housing & Care Referrals     Moving from your home is hard at any age. Even harder as we grow older. Karin Miller, Geriatric Care Manager, suggests you look at the possibility of a move through the eyes of SAFETY. Consider: Safety in the house Is the house accessible? Stairs? Bathroom, laundry on the … Continued

2017 First Quarter Market Report

The market report for the first quarter of 2017 is posted for your review. The concluding article gives a great analogy between a concentrated and undiversified portfolio and driving a vehicle with a broken suspension. To mitigate the bumps in the market, sufficient diversification is your best key to success.

Investing Strategies

“The passive strategy continues to grow in popularity, not only because of its inherent low-cost advantage but because investors are educating themselves and beginning to embrace the essential components of building long-term wealth.” We strongly feel that a passive investment strategy coupled with our financial planning process, allows clients to take control of their financial … Continued