Stating the obvious: no one enjoys watching their portfolio balance decline. And as advisors we know all too well how clients can feel uneasy about “staying the course” as their nest eggs shrink in periods of volatility. However, rushing for the exit when the market goes south can actually stunt long-term portfolio growth. “Timing the […]

How do you feel about the state of the economy? In more contemporary terms, what are your “vibes” telling you? Are you feeling confident and comfortable? Or are you feeling a nagging worry that things aren’t going well? If you’re experiencing a disconnect between official economic data and your personal perception, you’re not alone. This […]

New research has found a new “magic” retirement savings number. (We explain how inflation factors in below.) We say “magic” because if you put 10 people in a room, you’ll get 10 different opinions about how much you should save for retirement. And this estimate is no different. Northwestern surveyed 4,588 adults and found: The […]

As we approach 2024, it’s essential to prepare for the financial changes that come with it. One critical aspect of financial planning is understanding the annual contribution limits for various accounts, as these limits can significantly impact your ability to save and invest for the future. In this article, we’ll take a closer look at […]