Customers Withdraw from In-Person Banking

By Marketing | Feb 18, 2019

A changing society has changed some of the ways customers and banks interact. For example, early efforts by brick-and-mortar banks to cut costs by promoting online transactions and electronic statements gave way to a new wave of competition from internet-based banks. This also severed some of the close relationships longtime customers enjoyed with familiar tellers…

Read More

Decreasing Benefits Contribute To Retiree Bankruptcy

By Marketing | Feb 11, 2019

For most of the 20th century, it was common for employers and unions to sponsor health care insurance for retired workers, which helped pay for some or all of Medicare’s cost-sharing requirements and deductibles. However, this trend reversed sharply in the mid-1990s. A survey by the Society for Human Resource Management found that only 19…

Read More

Life Cycle Financial Planning

By Marketing | Jan 21, 2019

How do you judge how well your investment plan is doing? Do you compare its annual performance to similar benchmarks? Do you have a specific target you want to reach before retirement? Or, are you more concerned with how your overall financial strategy will provide for your daily, monthly and annual expenses throughout retirement? Some…

Read More

Health Care Costs a Top Concern in Retirement

By Marketing | Jan 14, 2019

Living to a ripe old age brings with it many milestones and memories. Unfortunately, it also can come with significant medical expenses. The longer we live, the more likely we are to incur them. A recent survey of affluent, older adults conducted by the Nationwide Retirement Institute revealed 64 percent are “terrified” that significant health…

Read More

Social Security Updates

By Marketing | Jan 14, 2019

Good news for retirees: Social Security benefits are scheduled to increase 2.8 percent in 2019, the biggest bump since the 3.6 percent increase in 2012. The average beneficiary – who received about $1,405 a month in 2018 – can expect to see just over $39 more each month, or about $468 more over the course…

Read More
Thinking About Downsizing

Thinking About Downsizing?

By Marketing | Jan 7, 2019

When companies face a rough period, they often look to either increase revenues or trim expenses, including reducing overhead costs. You can do the same thing for your personal budget, where reducing expenses can give you the opportunity to increase your savings rate. Though this sometimes can seem easier said than done. Costs have a…

Read More
Real Estate

Real Estate Update

By Marketing | Dec 31, 2018

According to the Federal Reserve Bank of St. Louis, up to 10 million Americans lost their homes during the last financial crisis. Now, 10 years later, we’re only slightly above 2016’s low of 63 percent home ownership – at about 64 percent as of June 2018. While many metropolitan areas have experienced robust growth in…

Read More

2018 Tax News

By Marketing | Dec 22, 2018

The Tax Cuts and Jobs Act of 2017 reduced federal income tax liability for some, but not all, Americans. Wealthy residents of California, New York and other high-tax states could face a higher tax bill when they file their 2018 return. While cutting tax rates on ordinary income, increasing the standard deduction and doubling the…

Read More
Pension vs. 401(k)

Pension vs. 401(k)

By Marketing | Dec 10, 2018

Given a choice, which would you choose: a guaranteed fixed income for the rest of your life, or a lump sum that you could invest? As it turns out, lots of people prefer a sure thing. This is what a recent survey showed about public sector employees posed with the option to select a defined…

Read More

Take the next step toward a confident financial future

For more information about any of the products and services listed here, schedule an appointment today, or attend a live seminar.

Or give us a call at 214.771.3363