Retirement planning was as difficult as ever in 2022. The S&P 500 was down more than 23 percent by October, since the start of the year and inflation was at 8.3 percent in August. For comparison, the annual inflation rate before the pandemic was 1.4 percent. It has become harder to make do in the […]
1. I-Bonds are paying 9.625%! As of 5/1/22, the yield on the treasury’s i-Bonds has moved up to 9.625% – a level we have not seen in a long time. These bonds can be purchased at www.treasurydirect.gov and offer guaranteed principal if held for 5 years, in addition to the attractive high yield. If you […]
Spot Silver $22.54 – 5/03/22 A quick look at the price of silver today leads one to believe that it is about $25 per ounce, which is roughly half of what it was in the spring of 2011. (Silver traded as high as $48.50 on 4/28/11.) But that is the spot price for a futures […]
Many people fail to think about their retirement until their 40s or 50s. However, this is a mistake. Putting off retirement planning can force you to postpone your retirement, sell your home and downsize, or otherwise compromise your plans for your golden years. To make sure you’re fully prepared for your retirement, start planning today […]
CUENCA ISSUE ON-LINE 10 By Ed Lindquist By Expats Magazines Group “The times they are a-changin’.” What was predicted by these lyrics penned in the 1960’s is even more accurate today. Just think back over the last couple of years. And, even more significant changes are coming—to the economy and markets—and society at large. Most […]
Do you find yourself thinking about retirement with just as much fear as excitement? If so, it’s not at all surprising; workplaces seem to be full of stories about people who stop working too soon and find themselves in dire financial straits during their retirement years. In fact, according to the 2020 Transamerica Retirement Survey […]
Working with a financial advisor to help you achieve your financial goals has become increasingly common. Where once people considered financial advisors and financial planning in general only appropriate for the very wealthy, now people from a broader range of income levels are interested in creating a comprehensive financial plan for themselves and using a […]
There’s little doubt that cryptocurrency is one of the hottest topics in the financial sphere today, but this doesn’t necessarily mean that it’s easy to understand. Due to the sophisticated technology that powers it and the incredible speed with which it has evolved, cryptocurrency can be a confusing subject even for people with a good […]
If you’re finding it difficult to make retirement planning a priority, you’re not alone. Meeting your current financial obligations—such as rent or mortgage payments, recurring monthly expenses, and debt or interest repayments—can be challenging enough without having to think about the long-term future as well. Given how great this pressure from immediate financial demands can […]
Today, the field of financial planning is growing in popularity, with more people than ever working to create some type of financial plan for their future. For those who possess little understanding of the financial industry, financial planning can be overwhelming and difficult. In these cases, it might be prudent to seek the services of […]