News You Can Use

January 15, 2019

The High Cost of Financial Panics

On January 12, 1819 Thomas Jefferson wrote to his friend Nathaniel Macon, "I have…entire confidence in the late and present Presidents…I slumber without fear." He did concede, though, that market fluctuations can trip up even ... Read More
January 8, 2019

Why Market Timing Doesn’t Work

I’ve begun reviewing what happens in market downturns in client meetings. While market expansions don’t have an expiration date, as investors, we do get lulled into a false sense of security which can make sticking with ... Read More
December 31, 2018

10 simple questions about the stock market plunge, simply answered

The stock market's gyrations have dominated headlines for a solid two weeks now, but things can't be as bad as they sound. Or can they? We looked at the numbers to put this crazy ...Read More
December 24, 2018

For investors, an ugly three months after 10 very good years

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December 18, 2018

Let’s See How Ready for Retirement You Really Are

I'm planning to retire in 2019, but the turmoil in the markets has me worried. Any thoughts about retiring in a bear market? Is it better to wait for ... Read More
December 11, 2018

Are You Ready for the Financial Crisis of 2019?

For moneyed investors, most of the past year has felt like 1929 all over again — the fun, bathtub-gin-quaffing, rich-white-people-doing-the-Charleston early part of 1929, not the grim couple of months after ... Read More
December 4, 2018

Valuable Estate Lessons From The Passing Of George And Barbara Bush

George H.W. Bush led an extraordinary, well-lived life during an exciting time in American history. In any discussion of his life and accomplishments, his late wife Barbara quickly comes to ... Read More
November 27, 2018

Smart Financial Strategies Between Retirement and Turning 70

When it comes to retirement planning, perhaps the most crucial--but often overlooked--period is between the time of retirement and age 70. This is when there are ... Read More
November 20, 2018

The Power of Giving-Thanks: Why Gratitude Is Not Just For Good Times, But For All Times

You’ve heard it a thousand times. Be grateful. Count your blessings. Focus on the good. Yet let’s face it, living from gratitude, particularly when the airwaves bombard us with all the ‘not-so-good’, is easier ... Read More
November 13, 2018

Retirement Planning Doesn’t Stop When You Retire

Retirement can mean uncertainty if you haven’t taken steps to plan for it appropriately. In a June 2018 Bankrate survey, 61% of Americans admitted that they still don’t know how much they’ll need ... Read More
November 6, 2018

What a Democratic House Would Mean for Your Taxes

Last year, without a single Democratic vote, Congress reshaped the tax code, lowering individual tax rates, dropping the corporate tax rate to 21% from 35%, doubling the estate tax exemption, curtailing ... Read More
October 30, 2018

The Stock Market Is Sliding Again. Here’s What You Should Do Now

Recent market turbulence, including today’s sharp stock market drop, has been a wakeup call for many investors. Feeling queasy? It isn’t too late to make portfolio changes: The S&P 500 may be down 10% from its all-time high in September, but it’s still ... Read More
October 22, 2018

How Mega Millions changed the odds to create a record-breaking $1.6 billion jackpot

They don't buy lottery tickets. Not habitually, anyway. But the jackpot chasers typically emerge when they see the Mega Millions prize tick up and up and up, and they figure, "Hell, why not?" Read More
October 15, 2018

6 Whopping Tax Mistakes That Can Ruin Your Retirement

Sadly, tax planning doesn’t end when you retire. The Internal Revenue Service (IRS) still wants its share of your retirement earnings. While many live on less in retirement, others may end up spending more. That could lead to higher tax bills, especially if tax rates are raised ... Read More
October 8, 2018

Fall season means it is time to tune up your Medicare

CHICAGO (Reuters) - If you are not happy with your Medicare coverage, now is the time to make a change. The annual Medicare fall enrollment period for 2019 begins on Oct. 15 and runs through Dec. 7. This is the time of year when you ... Read More
September 21, 2018

Women and the Retirement Crisis

Here’s a number that will knock your socks off: $400 trillion. By 2050, the retirement savings shortfall in eight of the world’s largest economies is expected to reach $400 trillion, according to estimates from the World Economic Forum (WEF). The shortfall is the difference ... Read More
September 21, 2018

It’s National Preparedness Month!

The Cambridge Dictionary defines “prepare” as making or getting something ready for something that will happen in the future. It also states: “to expect that something will happen and to be ready for it.” Read More
September 21, 2018

How Will President Trump’s Tariffs Impact Your Investments?

Fundamentally, the topic of tariffs is good. Government leaders implement tariffs on foreign products and services to restrict imports by tacking on additional taxes or fees. The aim is to make foreign products less attractive ... Read More
September 21, 2018

4 Questions to Ask About Long Term Care

As you age, calculating the chances that you’ll need long-term care—and the associated costs—is incredibly important. More than half of people turning 65 will require long-term care during their lifetimes, and the costs may be ... Read More
September 17, 2018

10 Years Ago Today, the American Economy Nearly Imploded. Here’s What’s Gotten Better — and What Hasn’t

A decade ago, the American economy stood on the brink of collapse. Years of over-borrowing and over-confidence had already caught up to the housing market and sent home prices crashing. On Sept. 15, 2008, those same forces would topple Lehman Brothers, a storied Wall Street ... Read More