Monthly Archives: January 2018

Are You Staying Active Enough in your Retirement? Here is how you can.

When most people think about retirement, they envision a life of freedom. From traveling the world to spending time with grandchildren, everyone’s goals for their golden years are different. No matter your dreams, lasting health will help you enjoy your future. In a recent survey, 81% of retirees said good health is most important for having a happy retirement. Unfortunately, many people aged 65 and older face health challenges, including obesity, hypertension, and depression. In… Read More »

Strategies to Successfully Navigate 5 Financial Milestones

As we go through life, we pass milestones that mark transitions into different phases of life. Financial transitions accompany these turning points. Our goals change and our priorities shift in response to these changing life needs. While everyone’s financial journey is different, most people pass through five primary financial stages as they age. During each stage, income, spending patterns, financial priorities, and goals tend to change in predictable ways. Knowing which financial goals to work… Read More »

Teaching Financial Literacy to Tweens: Saving For Short- and Long-Term Goals

Jean Folger Sometimes we have to delay spending to save for larger purchases. This can be difficult for some younger kids who might be anxious to buy something now. Saving for short-term and long-term spending goals is an important money management skill and an excellent way for tweens to decide which purchases are really important to them. While saving for short-term goals, such as a new video game, may take only a couple of weeks,… Read More »

IMF Revises Up Global Growth Forecast Helped by Trump Tax Cuts

Noah Barkin, Dmitry Zhdannikov The International Monetary Fund on Monday revised up its forecast for world economic growth in 2018 and 2019 saying that sweeping U.S. tax cuts were expected to boost investment in the world’s largest economy and help its main trading partners. In an update of its World Economic Outlook, the IMF however warned that U.S. growth would likely start weakening after 2022 as temporary spending incentives brought about by the tax cuts… Read More »

What Fiduciary Advice Is Worth To Your Portfolio

David Rae, CFP®, AIF® The Vanguard Group recently tried to quantify the value of professional financial advice. They determined that even the most basic financial advice is significant. According to Vanguard, an average financial advisor may be able to boost a client’s portfolio by as much as 3.75% per year over time. They call it Advisor Alpha. In layman’s terms, this means “the value of an advisor to your bottom line.” While 3.75% may sound… Read More »