It’s no surprise. When you open your monthly statements, almost all investments are down from their earlier 2022 highs. And unfortunately, no one can say when the stock and bond markets will recover. But there is light at the end of the tunnel, and a good reason to stick to your investment strategy, which is […]
Owning Now More Expensive Than Renting, New Study Shows
Owning your own home used to be less expensive than renting, but that no longer appears to be the case, says a new study by John Burns Real Estate Consulting. “Now, owning a home costs $839 more per month than renting,” says Danielle Nguyen, senior research manager at John Burns. When the COVID pandemic started, […]
Ask Mari: Will IRA Required Minimum Withdrawals Be Waived In 2022?
Here’s a question we received from Carol, one of our blog readers. Great question, Carol! It’s one that many other people are undoubtedly asking in light of widespread market volatility: Carol’s Question: “Since the market has dropped so much this year (and therefore the value of my IRA), will there be a suspension of RMDs? […]
June 20 Is Juneteenth National Independence Day
Our Mercer Advisors Boca Raton office and the financial markets will be closed on Monday, June 20, 2022, in observance of Juneteenth National Independence Day, our newest federal holiday. Juneteenth commemorates the end of slavery in the U.S. at the end of the Civil War.
Target Date Funds: No Place To Hide
Millions of American workers have invested in target-date funds in their 401(k) accounts. And why not? They’re quick, and they’re easy, providing instant diversification and the benefits of a professionally designed investment portfolio tailored to meet your changing needs as you inch closer to retirement. Unfortunately, millions of target-date fund investors just discovered that even […]
Celebrating National College Savings 529 Day!
Congratulations! It’s National 529 Day on May 29 (Get it? 5/29?) There’s reason to celebrate if you’re one of the parents or grandparents who have opened 529 college savings accounts for your favorite student. There are over 15 million accounts out there, and 529 savings accounts are definitely the most effective way to save for […]
Quote Of The Week: How High Will Your Medical Expenses Be In Retirement?
“Too many Americans think that once you are on Medicare everything is free, but that’s not the case.” Hope Manion, Senior Vice President, Fidelity Workplace Consulting, as interviewed by Andrew Welsch, Barron’s, Here’s How Much You Can Expect to Spend on Healthcare in Retirement, May 17, 2022. The Takeaway: For over 21 years, Fidelity has researched what […]
Memorial Day 2022
Our office and the financial markets will be closed on Monday, May 30, 2022 in observance of Memorial Day. Please join with us in remembering our fallen service members with pride this Memorial Day.
Taxes All Done? Here’s When It’s Safe To Shred Those Receipts
Congratulations! Your 2021 taxes have been filed. So, is it safe now to throw away all those receipts, statements, and confirmations? Kiplinger reporter Rivan V. Stinson explains in a recent article what you need to keep, and what it’s safe to shred. “Generally, the IRS has three years from the date you file to audit your […]
Literary Feast Raises Money For Libraries, Reading Programs
As long as I can remember, I’ve loved to read. So you can probably understand why last weekend I was thrilled to lend a hand to one of my absolute favorite annual events – the Broward Public Library Foundation’s Literary Feast, which combines fundraising, a silent auction, dedicated volunteers, and intimate dinner gatherings with renowned […]
About Mari Adam, CFP®
Mari Adam, Certified Financial Planner™ has helped hundreds of individuals and families build wealth and plan for a more secure financial future for over 30 years. Her advice has appeared in publications such as Wall Street Journal, Kiplinger’s, Money Magazine, Business Week, and CBS MarketWatch.
