Prospects for Growth in 2017

Some researchers believe the U.S. economy has a healthy outlook: The GDP growth rate is in the ideal 2 percent to 3 percent range, unemployment continues to abate and inflation remains in check.1 The U.S. Bureau of Labor Statistics expects 88 percent of all occupations…

Trends in the ETF Market

In recent months, there has been a recent movement out of actively managed investments into passively managed instruments such as exchange-traded funds. Globally, ETFs gained more than $270 billion in 2016.1 An ETF is a single investment vehicle that tracks all of the securities within…

What is a “safe” retirement withdrawal rate?

In an investment portfolio, the withdrawal rate is the monetary percentage from which a retiree draws from his account each year.  A “safe” withdrawal rate is a fixed percentage distributed as a systematic withdrawal that reasonably expects portfolio funds to last throughout the retiree’s lifetime….

U.S Jobs Update

Americans who expect to see a wide array of new jobs on the horizon may be in for a surprise. Not only are traditional full-time jobs scarcer these days — a combination of technological automation and corporate thrift — but they also aren’t what they…

5 Financial Resolutions for a Great New Year

The new year is a great time for people to turn the page. Maybe they’re going to start that new exercise program—and this time they’re going to stick to it. Other resolutions touch on traveling to a faraway, exotic location or, simply to spend more…

Year-End Financial Gifting Strategies

It’s the season for giving, and you’re likely thinking of your loved ones, as well as causes you support when pulling out your checkbook. Whether you want to save for your grandchildren’s education or leave a legacy to a charity that you care about, there are many tax-advantaged ways you can make…

Year-End Tax-Saving Investment Strategies

As the holiday season has quickly descended upon us, so will a new tax-filing season. Have you thought about the numerous effective tax-saving strategies you can deploy at year’s end? Knowing how to fully utilize the tax strategies of your various investments can not only create significant tax savings…

Cash In on Your Labor Day

Barbeque? Fishing trip? Long snooze in a hammock? Whatever your plans this Labor Day, if you’re at or near retirement age, you’d be wise to take a moment to consider how and when you’d like to begin receiving Social Security. Don’t let the hard work…

Beat the heat: Don’t get burned by bad advice (Part 2)

The heat is on this summer with much of the country being hit with record high temperatures. The heat is also on within the financial services industry as implementation of the Department of Labor’s “fiduciary” rule begins. As we wrote in part 1 of this…