On August 31, 2021, the Social Security Board of Trustees released its annual report, which included the latest projection for the Old-Age and Survivors Insurance (OASI) Trust Fund. According to the report, if Congress does not act, the fund is projected to become depleted by 2033, a year sooner than the estimate provided in 2020.…
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The annual change in the Consumer Price Index “CPI” exceeded more than 5% for the second month in a row, raising concern that we may be entering an inflationary period. How concerned should investors be? Before we get into that, we should begin with a short primer on what inflation is. Inflation refers to an…
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A question we have been asked repeatedly over the last six months has been: what is the best strategy to get into the market with new money? Invest all of it at once? Or invest in smaller increments over time through dollar-cost averaging? The most important thing to keep in mind is that the decision…
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With election time now getting closer, we are inundated with opinions and prognostications about not only who will win but what that victory will mean for the markets. When you couple the uncertainties of the election with the other trials facing our country including, but not limited to, high unemployment, the economic and personal consequences…
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Relationship Your advisor’s sole, continuous duty across your entire relationship should be to advance your highest financial interests (even ahead of their own) as a FIDUCIARY. Primary Role Your advisor should understand and account for your total wealth interests and advise you accordingly. Understanding all components of your financial situation and how they interact is…
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The terms “stock market” and “economy” are often used interchangeably, but they are not one in the same. Perhaps this has never been more evident than over the past several months. The state of the economy, according to most measures, is bleak, with economic activity contracting, an unemployment rate of more than 10%, and an…
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Given the current economic environment where companies are laying off workers and, in some cases, going out of the business, the implications for employer-sponsored retirement plans are significant. Unfortunately, one of the consequences of the pandemic and the economic shutdown is that many companies are laying off workers and, in some cases, shutting down completely.…
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At my core, I am a financial planner. Some may call me a money manager, or an investment advisor or a wealth manager….all terms that could apply, depending on your definition. But, I see myself as a financial planner. When I meet with someone for the first time, more times than not, they are looking…
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Over the last several weeks, the coronavirus has grabbed global headlines. So far, U.S. markets have remained relatively immune. But should you try to dodge markets that have been exposed? The answer to that question is simple: breaking news should not impact your investment program. A portfolio that is invested according to an evidence-based investment…
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In most aspects of our lives, taking action serves us well. We are conditioned from a young age to believe that if we want to succeed at any endeavor – climbing the corporate ladder, excelling at a sport, being a great parent, getting good grades – we must work hard, make tough choices, and put…
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