WEEKLY TIP Given the desire to travel and live well, the first few years of retirement may be expensive ones. Before and during those years, be mindful of economic and market cycles. They could affect your portfolio, and, by extension, your plans. BLUE CHIPS HIT...
WEEKLY TIP Remember that you can gift up to $14,000 to as many people as you wish in 2016. This year, gift tax only applies after lifetime gifts exceed $5.45 million. NEW DATA SHOWS BRIGHTER JOBS PICTURE Unemployment fell to 4.9% in October as firms added 161,000 net...
WEEKLY TIP If you are newly married and don’t have a will, why not create one? It is a thoughtful and very responsible move. ECONOMY EXPANDS 2.9% in THIRD QUARTER After just 1.4% growth in Q2, this was welcome news. Surging exports and greater inventory investment and...
WEEKLY TIP If you are trying to rebuild or ramp up your retirement savings in your forties or fifties, avoid grasping at straws. Extremely speculative, high-risk investments are often hard to understand and may drastically underperform compared to their hype. RETAIL...
WEEKLY TIP If you are under 35, see if you can save 15% of your salary toward retirement. If your company matches your retirement plan contributions, count the employer match as part of that 15%. HIRING PICKED UP IN THE 3RD QUARTER Employers added 156,000 net new jobs...
WEEKLY TIP Your household may want to budget by the 50/20/30 rule: 50% of take-home pay assigned to fixed monthly costs, 20% to saving/investing, and 30% to flexible consumer expenses. HURRICANES HURT SEPTEMBER JOB NUMBERS For the first time in seven years, the...
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