CARES Act

Coronavirus Aid, Relief and Economic Security Act

Stay tuned right here for more information, on this unprecendented relief act, one that will allow you to defer your RMDs and for those under 59 1/2, take a hardship distribution from their retirement savings, without penalty.

 

Volatility & the Coronavirus

Hello all,

I wanted to post a new article on this fifth day of market tumult.

Fears of a pandemic over the continuing spread of the coronavirus, coupled with the worries over disruptions to the global supply chain, seem to have resulted in panic selling.

Please see attached an article from Brian Wesbury, Chief Economist with First Trust, as well as a chart showing S&P 500 Index Price Performance since 1980 with impacts from major outbreaks or epidemics.

Please feel free to contact us if you have any questions or concerns!

Time to Fear the Coronavirus?

Epidemics – 2020

An Investment Perspective of the Coronavirus

Mark Twain once said, “History doesn’t repeat itself, but it often rhymes.”

With that in mind, I want to share some historical perspective which may help us look forward at this new virus, and what it may mean from an investment perspective.  Please follow this link from one of the industries leading partners, at Morningstar.   2020_Coronavirus

If you have any questions, please do not hesitate to reach out to us.

Love, Marriage & Money

 

Planning for Marriage

What is it?
Planning for marriage encompasses more than just deciding whether to serve chicken at the reception and whether you should take a honeymoon cruise. If you are planning for marriage, you are faced with the enormous responsibility of combining your personal finances with your spouse’s and reassessing the way you and your spouse structured personal finances as unmarried individuals.
Continue reading “Love, Marriage & Money”

Finding the Right Home

If you don’t really know what you’re looking for in a home, how do you find the right one? Careful planning and consideration of your options can help ensure that you will be happy with the one you select. You may decide that buying a traditional, single-family home is not your best bet. A condominium or a cooperative may better serve your needs. Or, you may decide that building a new home may be the only way to get what you want. Whatever type of home you end up looking for, your selection should be based on an educated decision.  Continue reading “Finding the Right Home”

My spouse just died. Do I have access to his or her accounts?

Generally, if your name does not appear on the account, either as a joint owner with rights of survivorship, trustee (if the account is held in trust), or a beneficiary, you probably can’t access the account unless authorized to do so by the probate court having jurisdiction over your spouse’s estate. Each state has its own laws dealing with this situation, and the applicable rules may differ from one state to the next. Even if you are named as agent in your spouse’s power of attorney with the right to access his or her accounts, that authorization ends upon the death of the person executing the power of attorney, namely your spouse.

 

  Continue reading “My spouse just died. Do I have access to his or her accounts?”

Planning for Retirement

I think it’s time to start planning for retirement. Where do I begin?

 

Answer:

 

Although most of us recognize the importance of sound retirement planning, few of us embrace the nitty-gritty work involved. With thousands of investment possibilities, complex rules governing retirement plans, and so on, most people don’t even know where to begin. Here are some suggestions to help you get started.

  Continue reading “Planning for Retirement”