Ways to Ease the Cost of College A look at grants, scholarships, 529 plans, and other methods. Provided by Rabenold Advisors How much could a college education cost in the 2030s? You may want to take a deep breath and sit down before reading the next paragraph. A MassMutual analysis projects that four years of … Read More
In this week’s recap: the Fed disappoints the markets, more homes move, consumer spending and sentiment look solid, and oil falls. Weekly Economic Update Presented by Rabenold Advisors, December 24, 2018 FED FAILS TO CALM WALL STREET Federal Reserve policymakers voted unanimously last week to raise the benchmark interest rate by another 0.25%, putting the … Read More
Tax Scams & Schemes The “dirty dozen” favored by criminals & cheats. Provided by Rabenold Advisors Year after year, criminals try to scam certain taxpayers. Year after year, certain taxpayers resort to schemes in an effort to put one over on the Internal Revenue Service (I.R.S.). These cons occur year-round, not just during tax season. … Read More
Debunking a Few Popular Retirement Myths It seems high time to dispel some of these misconceptions. Provided by Rabenold Advisors Generalizations about money and retirement linger. Some have been around for decades, and some new clichés have recently joined their ranks. Let’s examine a few. “When I’m retired, I won’t really have to invest anymore.” … Read More
In this week’s recap: inflation moderates, oil prices head south, and equities have a tough week. Weekly Economic Update Presented by Rabenold Advisors, December 17, 2018 As FUEL GROWS CHEAPER, INFLATION BECOMES TAMER Last week, the latest Consumer Price Index arrived, showing no move for headline inflation in November and a 0.2% core inflation increase. … Read More
Your Diversified Portfolio vs. the S&P 500 How global returns and proper diversification are affecting overall returns. Provided by Rabenold Advisors “Why is my portfolio underperforming the market?” This question may be on your mind. It is a question that investors sometimes ask after stocks shatter records or return exceptionally well in a quarter. … Read More
Some Changes Are Coming for 401(k)s Take note of them for 2019. Provided by Rabenold Advisors Some notable developments are about to impact 401(k) plans. They follow a major change that became effective in 2018. Thanks to the Tax Cuts & Jobs Act, workers who borrow from 401(k) accounts and leave their jobs now have … Read More
In this week’s recap: the pace of job creation slows, the factory & service sectors expand, OPEC signs off on an output cut, and Wall Street copes with turbulence. Weekly Economic Update Presented by Rabenold Advisors, December 10, 2018 HIRING PACE SLOWS In November, U.S. employers added a net 155,000 hires to their payrolls. That … Read More
End-of-the-Year Money Moves Here are some things you might want to do before saying goodbye to 2018. Provided by Rabenold Advisors What has changed for you in 2018? Did you start a new job or leave a job behind? Did you retire? Did you start a family? If notable changes occurred in your personal or … Read More
When You Retire Without Enough Start your “second act” with inadequate assets, and your vision of the future may be revised. Provided by Rabenold Advisors How much have you saved for retirement? Are you on pace to amass a retirement fund of $1 million by age 65? More than a few retirement counselors urge pre-retirees … Read More