By Alex Albert, CFP® Highlights Bi-partisan legislation passed in December 2022 changes retirement account rules The changes were designed to increase retirement savings From RMDs to student debt, the new law has something for everyone Estimated read time: 3 mins On December 23, 2022, President Biden signed into law a $1.7 trillion budget bill that [...]
By Alex Albert, CFP® Highlights Interest for high-yield savings accounts and CDs are on the rise Bonds and treasuries are worth close consideration Estimated read time: 3 mins The Federal Reserve is fighting tirelessly to control inflation by aggressively raising the Fed Funds (short term) interest rate, and letting longer-term rates rise as it [...]
By Alex Albert, CFP® Highlights A recap of the Federal Reserve’s approach during the pandemic How the latest course correction benefits investors Why rising rates make fixed income investments more attractive Estimated read time: 3 mins Interest rates represent the cost to borrow money whether as assessed on a credit card, a mortgage, or [...]
By Alex Albert, CFP® Highlights Americans want to retire earlier than ever (by age 62) Most don’t have the savings to support their expected retirement lifestyle We highlight several “must dos” for those planning early retirement Estimated read time: 4 mins COVID-19 has changed our attitudes and behaviors as individuals and as a society. [...]
Highlights 5 things you should do to prepare for retirement once you turn 40 Appropriate for couples or individuals Relevant for those with savings and those starting from $0 Estimated read time: 5 mins Saving for retirement is largely out-of-focus for most Americans in their 40s. It’s a decade marked with added expenses, such as [...]
