Articles

Bull Market Turns 10

March 9, 2019, marked the 10th anniversary of the current bull market, the longest-running in U.S. history. In that decade, the market more than quadrupled, and when you factor in dividends, it’s up fivefold. The short-term spikes over the past few years coupled with corporate share buybacks have served to keep performance humming. As we…

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Look ahead while looking back at 2018

If you didn’t adjust your tax withholding in early 2018, you might be in for a surprise when completing your tax return this year. A lot of people opted for the “wait-and-see” approach to determine if the Tax Cuts and Jobs Act would impact their return. Initially, the Tax Policy Center projected the new legislation…

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The Cost of Maintaining a Home

Home maintainance cost

To age at home, or not to age at home: That is the question many retirees eventually face. One major determining factor is whetherthey can afford to move into a senior community offering living assistance and nursing care if necessary. While costs vary from state to state, the 2018 nationwide average for assisted living costs…

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Where Americans Stand On Personal Debt

On one hand, low interest rates are good for those borrowing money. On the other hand, easy cash can lead to excess debt — a place far too many Americans find themselves. Today, the median credit card debt is $2,000 per person, the median student loan debt is around $9,000 and the median mortgage debt…

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Legacy Issues

Sixty-three percent of surveyed affluent adult children between the ages of 18 and22 say they’ll need to rely on their inheritance for financial security during retirement. Before the inevitable groan about the entitlement of youth, bear in mind that today’s young adults do have different financial challenges than in past generations. It used to be…

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Balance Your Budget And Buying Habits

Living without a budget is similar to taking a long trip without a roadmap or GPS. Is it possible? Sure. Is it the most expedient way to reach your destination? Probably not. One could argue you might enjoy the journey more if you don’t pre-ordain all of your stops, and that might be true. But…

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Evolution of the 401(k)

When employer-sponsored 401(k) plans were introduced in the 1980’s, an unexpected consequence occurred: Pensions stopped being the norm. One reason is that companies found 401(k) plans less expensive than traditional defined benefit plans. At the time, 401(k) plans were touted as an opportunity for greater earnings and a richer retirement lifestyle. While it’s true that…

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What Type of Investor Are You?

Each person is unique. We are composed of many variables, such as genetics, family influence, geographic influence and even the birth order among siblings – a veritable combination of the forces of biology and society.1 So when it comes to managing your finances, the debate isn’t about nature versus nurture; it’s both. For example, consider two siblings raised…

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