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Quote Of The Week: Living Into Your 90s, And Beyond

“If you are an individual turning 65 today, in order to be 95% sure that you are not going to outlive your retirement plan, you will need to generate income for 33 years.” Dr. David Kelly, Chief Global Strategist, JP Morgan Asset Management, “The annuity advantage in the new economy” Hard to believe, but in the […]

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Quote Of The Week: Why A CFP® Professional Is Not Like Other Financial Advisors

“There’s no shortage of people with impressive-sounding job titles who want to help you reach your financial goals. They may call themselves a financial adviser, financial planner, money coach, financial counselor or financial educator.” “These people can obtain certifications from a long list of professional associations, universities and other entities. Look for the string of […]

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Quote Of The Week: Walking Away From High Home Prices

“We’re nowhere near where we were at the peak of the last housing cycle, but we do need to be careful. Walking away from an obviously overvalued home may be the best thing buyers can do in this kind of market.” Ken H. Johnson, real estate economist and associate dean at Florida Atlantic University’s College […]

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Quote Of The Week: Record Job Mismatch

“Though the job market is strong right now for highly paid professionals and low-wage service workers alike, not everyone can find a match for their skills, experience or location, creating a paradox of relatively high unemployment combined with record job openings.” Lauren Weber, “Many Jobs Lost During the Coronavirus Pandemic Just Aren’t Coming Back,” The Wall Street […]

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Quote Of The Week: Connecting With The Next Generation

“59% of investors believe their children and grandchildren should meet their financial advisor by the age of 25.” Spectrem Group, a Chicago-based research firm specializing in wealthy investor psychology and behavior, “$25 Million Plus Investor Report,” April 2021   Does that quote surprise you? The truth is that as many of America’s well-off baby boomers age, their thoughts turn to […]

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Quote Of The Week: Explaining The Impact Of Inflation To Clients

“By failing to adequately explain how inflation, compounded over time, significantly reduces spending power, we leave people vulnerable to the false assumption that the income they have today will still be adequate in 10 or 20 years. This is especially dangerous for people living on fixed incomes.” Sarah Newcomb, behavioral economist at Morningstar, “Explaining inflation […]

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Quote Of The Week: Maximizing Your Social Security

Bet you don’t think of Social Security as a big deal, but it is. For most of our clients, Social Security benefits provide only a portion of their retirement income needs, but understanding how Social Security works and picking the right claiming strategy can results in tens of thousands of dollars more in benefits over a […]

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Quote of the Week: When Is a Financial Planner Really a Financial Planner?

“The financial advice industry has 212 reasons to be confused. That’s the bewildering number of professional designations advisors use to indicate their expertise in every money issue under the sun, from retirement planning and college savings to insurance and investment funds. The alphabet soup is mystifying for investors. It’s baffling for advisors. And it’s getting […]

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Quote Of The Week: U.S. Households Ready To Spend

Trillions of dollars of stimulus cash have been pumped into the economy. What exactly do people do with the money once they get it? Research suggests they tend to spend about one-third of the funds, saving the rest or using it to pay down debt. (Check out our previous article: How Did Americans Spend Their Stimulus […]

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Quote Of The Week: “The Housing Market Is On A Tear”

The pandemic-provoked rush to move has set the real estate market on fire. If you have friends or family shopping for a new place to live, you’ve undoubtedly heard complaints of ultra-competitive bidding wars, slim inventory, and inflated prices. Clients want to know whether the red hot housing market is due for a fall, or […]

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