How to Boost Retirement Savings with Alternative Income Streams
Developing additional income streams has become increasingly important for retirement planning. Around 75% of American workers who lost income during the pandemic say planning for retirement is stressful. Even among those who didn’t face income loss, nearly half still find it challenging. Research shows that...
Tariff Turmoil or Economic Signal? The Makings of a Stock Market Correction
On March 13, 2025, the S&P 500 Index landed in correction territory after a swift three-week drop of more than 10% from its February 19 record high. The NASDAQ index suffered an official correction a week earlier, having fallen over several months from its most...
Building a Multi-Generational Retirement Strategy
Recent surveys reveal retirement planning remains a primary financial stress point for Americans, with particular anxiety among Generation X (ages 43-58). Approximately one in six respondents ranked retirement preparedness as their leading financial concern, surpassing other money matters. This worry stems from uncertainty about retirement...
Balancing Retirement Savings and Other Financial Goals
As a family, we often need to find the right balance between saving for retirement and funding other major life expenses. With competing priorities and limited resources, couples need a comprehensive strategy that addresses long-term and short-term financial goals. One of the primary challenges is the...
Fixed Annuities: The Cornerstone of Predictable Retirement Income
Despite their increasing popularity, few Americans know how annuities work or when using one could benefit their financial plans. Four out of five American adults (79%) still struggle to identify the correct definition of an annuity. Think of annuities as the steady rocks in the stormy...
8 Financial Lessons from Great Presidents
Presidents’ Day is a time to honor the leaders who have shaped the history of the United States. While much of the focus is on their leadership in politics, war, and diplomacy, many of our Presidents’ also demonstrated financial wisdom that can serve as timeless...
Financial Resilience Helps Handle Life’s Curveballs
The concept of financial resilience has gained significant traction in recent years as both individuals and policymakers recognize the need to build a stronger financial safety net. Navigating life's unexpected challenges has become a critical component of economic well-being. From job losses and medical emergencies to...
The Social Security Fairness Act Increases Benefits for Millions
Under the Social Security Fairness Act signed by President Biden on January 5, 2025, almost 3 million Americans will receive a boost to their Social Security benefits.1 This bill, which had bipartisan support, restores full Social Security benefits to some public-sector employees, including teachers, law...
Balancing Retirement Savings and Other Financial Goals
Finding the right balance can be a delicate dance for married couples navigating the dual financial responsibilities of saving for retirement and funding other major life expenses. With competing priorities and limited resources, couples must develop a comprehensive strategy that addresses long-term and short-term financial goals. One...
How to Review and Adjust Your Investment Portfolio for the New Year
The start of a new year is a natural time for reflection and goal setting, and for many, that includes reviewing their finances. While resolutions around spending less or saving more are common, one area often overlooked is the importance of reviewing and adjusting your...