by Becca Mack | Mar 20, 2023 | Blog, Economy, Retirement Planning
Our current economic situation is complex and, in some ways, unprecedented. Because of the pandemic, we have seen massive changes in how the market behaves, and we are having to readjust how we approach retirement planning. Government Payouts One of the major changes...
by Becca Mack | Jan 9, 2023 | Blog, Economy, Retirement Planning
The 2022 economic climate has been bumpy for most and, in some cases, even bumpier for retirees. Americans and the world at large dealt with the economic ramifications of the Russia-Ukraine war, post-pandemic industrial effects, and rising inflation and interest...
by Becca Mack | Dec 13, 2022 | Blog, Economy, Financial Planning, investing
The 2022 economy has broken multiple records, first, with the highest inflation rate in 40 years, and now, the highest federal reserve interest rates since 2008.[1] In efforts to curb raging inflation, the US Federal Reserve has raised interest rates six times in...
by Becca Mack | Aug 1, 2022 | Blog, Economy, Retirement Income, Stock Market
During bear markets, we must ask different questions about our money and our assets. It is no longer about which stocks will double over the next twelve months. Instead, it will likely be about how to preserve your portfolio value by investing in stable equities with...
by Becca Mack | Jul 4, 2022 | Blog, Economy, Financial Planning
If your weekly grocery bill is noticeably higher or you can’t believe how expensive gas is, you’re not alone. Inflation is at 40-year highs,[1] and a recent poll found that 52% of Americans said the most important issue facing the country is inflation.[2] It’s...
by Becca Mack | May 31, 2022 | Blog, Economy, Federal Reserve, Financial Planning
Did you ever hear your parents or grandparents talk about how much less everything used to cost? They weren’t exaggerating – in 1960, a gallon of conventional whole milk was 31 cents, and today it’s $3.77 on average.[1] A few dollars might not seem like much,...