Posts by info

Student Loan Debt Affects More Than Millennials

Common sense would suggest older workers have a much easier time saving than young adults. They are more likely to have already purchased a home, put kids through college and, by that point, are putting more money away for retirement. A recent study by the Transamerica Center for Retirement Studies confirms this is true, but…

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Baby Boomers Staying Home for Retirement

In 1989, Harvard economists published a study concluding that as baby boomers aged out of the residential real estate market, there would be a glut of empty homes and prices would plummet.1 That clearly hasn’t happened yet, for a variety of reasons. Economists didn’t account for boomers’ life expectancy extending so much longer. People are living…

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Assessing the Role of Government

Recently, President Trump bemoaned the inconveniences of low-flow toilets, showers, dishwashers and energy-efficient lightbulbs – all implemented in the wake of government regulation aimed toward conservation efforts.1 One issue in the political divide between parties is disagreement about the role of government in the economy. When Congress passes legislation or the administration’s Cabinet departments impose…

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RMD Considerations

With people living longer and benefiting from the long-running bull market, there are more factors to consider in taking required minimum distributions (RMDs) from retirement accounts. The traditional IRA, SEP IRA and 401(k) plans offer tax deductions on contributions and tax-deferred growth on earnings during the accumulation phase, but eventually the government wants you to…

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Travel in 2020

A recent study revealed that young adults are more interested in spending money on experiences rather than material goods. In the study, 43 percent of respondents reported compromising on their daily expenses to save money for travel. One of the positive effects of globalization is young people have greater exposure to different cultures in different…

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Work World: Late Career Management

The number of workers older than 64 has increased threefold since 1989.1 And while working longer may be a marker of good health for some, it’s a necessity for others who need the income. As a result, we may need to rethink our idea of what retirement looks like in the 21st century. Consider that working…

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Health and Food Trends to Watch in the New Decade

A recent study concluded that half of the U.S. population will be clinically obese within the next 10 years. This isn’t just a weight issue, it’s a financial one. Obesity is a major factor for developing conditions like heart disease, diabetes, joint disorders and even certain types of cancer.1 So if you think health care…

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Financial Tips For 2020

The U.S. has enjoyed 10 years of a booming stock market and a growing economy. It’s too early to tell how 2020 will look, but there are some signs that it doesn’t look quite as promising. Between warnings of a possible economic pullback and a contentious presidential election year, investors may want to consider financial…

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