Retirement Meditation #9: Should I leave the 401(k) or move it to my new employer?
A 2019 Bureau of Labor Statistics (BLS) study reported that Americans held an average of 12 jobs throughout their working years. Whether or not you are a part…
The supposed recession that took place during the COVID/pandemic shutdown in 2020 caught nearly everyone by surprise. Fortunately, the economy and investment…
With each passing day it seems inflation continues to remain stubbornly elevated. The war in Ukraine is contributing to the inflationary pressure as sanctions…
Retirement Meditation #8: What’s the fuss with employee after-tax contributions?
I can only imagine how many phone calls retirement advisors received in July 2021 about employee after-tax contributions. On July 9, the Wall Street Journal…
Ukraine/Russia Situation A Near Term Market Headwind
The Ukraine/Russia development over the weekend is not a new event for these two countries. Russia invaded and annexed Crimea back in February 2014 and began…
It is no secret the Federal Reserve is near certain to raise the Fed Funds rate at the conclusion of the committee's March 15-16 meeting. The bond market has…
Retirement Meditation #7: Should I convert pre-tax money into Roth?
Following last week’s Retirement Meditation, one of my LinkedIn connections requested I address converting pre-tax money into Roth. The short answer to this…
Higher Inflation Leading To Weaker Consumer Sentiment
The consumer accounts for nearly 70% of the economy (GDP) and understanding what is driving their sentiment can provide valuable insight into future economic…
Declining Oil Inventory Contributing To Higher Oil Prices
The Weekly Petroleum Status Report released by the EIA on Wednesday showed crude inventory, excluding the Strategic Petroleum Reserve (SPR), fell 4.8 million…
The January NFIB Small Business Optimism Index was reported at 97.1, down 1.8 points. This is the lowest reading for the Index since the February 2021 reading…
Retirement Meditation #5: Should I make pre-tax or Roth contributions to my 401(k) plan?
Years ago, I listened to a retirement plan participant summarize a retirement educator’s lengthy explanation of the differences between pre-tax and Roth…
