December 31, 2017

As a matter of fact, in terms of life expectancy, where you live matters a lot, but only if you agree that an increase in life expectancy of up to 20 additional years is significant.

December 31, 2017

As published in the Wall Street Journal¹, the author, Dr. Meir Statman, states: “The mindset that works so well as people are building their nest eggs can damage their quality of life in retirement.” In other words, you spend a lifetime learning to save money, and then you reach a point (i.e. retirement) where those savings have to be spent to fund the rest of your life. 

Source: Direxion Funds

December 31, 2017

• China’s economy is the 2^nd largest in the world behind the US, but China’s GDP per person is only $9,377 while the USA’s GDP per person is $61,687.

• Janet Yellen took over as Fed Chair on 2/3/14, running the central bank for 31 meetings since then. 8 different Board of Governors members have cast 20 dissenting votes to Yellens’ interest rate recommendations made at the 30 meetings. None of the 20 dissenting votes were cast by Jerome Powell, a Board of Governors member since 5/25/12, and Yellen’s successor as of 2/3/18.

November 15, 2017

What’s the plan if you live too long? Most of us assume (hope?) that we’ll live to some undetermined ripe old age, but determining that number is obviously an impossible task. Yet, calculating life expectancy is one of the most important components when preparing a financial plan.

November 15, 2017

By John Zeltmann

I loved McDonald’s as a kid: the golden brown French fries, the milkshakes, the second-to-none birthday parties. And who could forget the prizes that came with the Happy Meals!

November 15, 2017

The Equifax data breach has kept the topic of identity theft near the front pages. A recent article in the New York Times¹ highlighted the 10 steps you should consider to help protect yourself:

Source: Direxion Funds

November 15, 2017

• Over the last 25 years, the S&P 500 stock index has gained an average of 4.9% (total return) over the final 3 months of the year. 20 of the last 25 fourth quarters (80%) have produced a positive total return.

• The S&P 500 has experienced 10 drops of at least 5% during its bull market run that just passed 104 months in length on 11/09/17, but none since 2/11/16.

• This is the second longest bull market for the S&P 500 since 1950, trailing only the 113 ½ month long bull that ended in March 2000.

September 30, 2017

If nothing else, aging provides perspective. The longer you live, the more you realize there’s only so much you can plan for in life. Conversely, you also learn that failing to plan can be life-altering, but often not in a good way. If you’re a senior (you can define how old that is), in or approaching retirement, it might be time to start pondering where to live the most golden of your senior years.

September 30, 2017

Are you planning on making charitable donations this upcoming holiday season?  Consider using something other than cash.

September 30, 2017

We don’t always get to choose where we want to live, either during our working life or later. Jobs may take us to cities with a high cost of living, and family, friends, and health may keep us in or near those same communities when we retire.