Shifting the Focus to Long-Term Goals

Donald Trump set out to make big changes the moment he entered the White House. While Congress may move a bit more slowly, it’s worth noting the difference in styles and substance. For example, presidential executive orders do have the power to roll back previously…

Are We “Shovel-Ready”?

A famous line of dialogue came from the 1989 film “Field of Dreams”: “If you build it, he will come.” Perhaps the quote endures because of its inherent irony — it’s not always true. In fact, during the Obama Administration, there was an unfortunate lesson…

The Fiduciary Standard: What It Means

Recently, the U.S. Department of Labor published the final regulation of what is known as the “Fiduciary Rule,” delaying implementation for 60 days from its scheduled start date. The newly expanded definition of fiduciary investment advice is scheduled to go into effect June 9, 2017.1…

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…