After a Surprising 2023, a Cautiously Optimistic Economic Outlook for 2024
Despite high interest rates and unsettling geopolitical conflict, the U.S. economy outperformed the expectations of most economists in 2023.1 Inflation-adjusted gross domestic product (Real GDP) accelerated to an annualized rate of 5.2% in the third quarter, after growing 2.1% in Q2 and 2.2% in Q1. Inflation, as measured by the 12-month change in the price index for personal consumption expenditures (PCE), was 3.0% in October 2023, after beginning the year at 5.5%.2 The labor market stayed strong in 2023, though it has cooled off a bit. The unemployment rate edged up from 3.4% in January to 3.9% in October, but is still quite low by historical standards.3
National Set A Good Example Day
In a world bustling with diverse influences, a day dedicated to the art of setting a good example carries profound significance. National Set A Good Example Day, a celebration that transcends generations, prompts us to reflect on the impact of our actions. Let's delve into its history, purpose, and ways individuals from all walks of life can participate.
Navigating Market Volatility in Your Retirement
Market volatility is an inevitable part of investing, but it doesn't have to be a source of stress as you near your golden years. By taking a strategic and measured approach, focusing on long-term goals, and seeking professional advice, you can navigate market fluctuations with confidence.
Supporting Heros: Running Club and David Lerner Associates Donate to Police Family
Explore how Running Club and David Lerner Associates join forces to support the police family. Learn about their donation and commitment to community outreach.
Retirement Timing and Social Security Collection
Later in life, individuals are faced with big decisions that affect their financial well-being and quality of life. Among these decisions, two stand out as major milestones:
Presidents’ Day: Financial Lessons from Our Presidents
As the calendar turns to February, Presidents' Day graces us on the third Monday of February. In 2024, this day of commemoration falls on February 19, providing an opportunity to reflect on the financial legacies left by those who steered the nation through its different eras.
Random Acts of Kindness Day
In a world often bustling with the rigors of everyday life, Random Acts of Kindness Day stands as a beacon of goodwill, urging people to pause and spread kindness in unexpected ways. Kindness embodies selfless compassion and actions prioritizing others before oneself. It fosters a mindset of compassion, leading to gratitude and, in turn, contributing to a sense of happiness.
Preparing for the Unexpected in Retirement
Retirement is a significant life transition, a time when individuals seek to enjoy the fruits of their labor and explore new interests. It’s a time to embrace a more leisurely lifestyle. However, the prospect of the unexpected in retirement—whether it’s financial challenges, health issues, or...