With the S&P 500–or broad U.S. stock market–off over 20% as of June 30, most 401(k)s and investment accounts are down well below January highs. Investors will open their June statements to see year-to-date declines, even if their portfolio held only low-risk government bonds which have also swooned as interest rates ratcheted higher. Experienced investors […]
About Mari Adam
Mari Adam, Certified Financial Planner™ has been helping individuals and families chart their financial futures for over twenty-five years. Have a question about your financial situation? Ask Mari!
It’s Not Your Imagination. Scammers Now Targeting Your Cell Phone
Scammers have a favorite new way to try to steal your money. They are increasingly targeting your cell phones and reaching out via scam text messages. This year, Americans received 31 spam calls and 19 spam texts in an average month. Men are more likely than women to lose money via phone scams, according to […]
Florida Alimony Changes Vetoed Again By Governor
Floridians on both sides of the issue have been anxiously watching alimony reform bill SB1769 that was approved by the Florida Legislature and sent to the Governor for signature. This was a key piece of legislation for Floridians, including numerous clients, who are divorced or who are contemplating divorce. The proposed reforms would have eliminated permanent […]
Bouncing Back From Market Rebounds
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 […]
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.
