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Considerations During Medicare’s Open Enrollment
How long has it been since you’ve reviewed your Medicare policy? With open enrollment fast approaching, there are a few questions you may want to ask yourself before you renew, add, drop, or switch coverage.Have you switched...
Read MoreBudgeting for Surprises: Summer Travel Tips
Now that summer is in full swing, it's the perfect time to take a trip. But sometimes, even your best-laid plans go a little off-kilter. As you know, there are things you can control and some things you cannot. We want to make...
Read MoreRecipe Nook: Texas Style Smoked Pulled Pork
Today's recipe is brought to you by our intern, Christian. This pulled pork has the official stamp of approval from everyone at KM Capital and we hope you will enjoy it too! Recipe for Texas Style Smoked Pulled Pork
Read MoreLPL FINANCIAL RESEARCH MIDYEAR OUTLOOK 2023: THE PATH TOWARDS STABILITY
Our 2023 investing outlook started with a theme of returning to normalcy. Considering 2022’s market volatility and the aftereffects of the pandemic, the idea of finding balance was certainly a welcomed change. It’s a theme...
Read More529 Plans and Alternatives: Making an Educated Decision about Education Savings Options
Those that choose to invest in the education of a family member, friend or acquaintance are investing not only in that individual’s future, but also the future of society. It is an act of generosity, forward-thinking, and love....
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Senior Cyber Safety – How to Avoid a Cyber Identity Crisis
You may have thought your digital identity was safe and not a likely target of a cybercriminal until one day, the bank calls wondering if purchases made at a store that you have never been to, 2,000 miles away, were made by you. Every...
Read MoreMay the 4th Be With You: 4 Money Lessons for Becoming a Financial Jedi Master
When it feels like the galaxy’s forces are all working against you when it comes to your finances, fighting back may seem incredibly daunting. However, becoming a financial Jedi Master is not as hard as you think. Here are four...
Read MoreLife Insurance: How Much Is Enough?
You may already be aware of the importance of having enough life insurance coverage to handle financial matters that could affect your family in the event of your death. However, determining the appropriate amount of coverage for your...
Read MoreA Tough Times Survival Guide for Small Businesses
Small businesses may often find themselves struggling, and there are many situations in which business owners may find themselves weathering a storm and hoping to make it through. While the strength and fortitude of those who run small...
Read MoreThe Best Investment: Teaching Your Children to Save and Invest
A 2022 Gallup Poll found that 58% of all adult Americans own stock. The top 1% owns more than half the total amount invested among those who own stock. 1 Making investing possible for your children, nieces, nephews and other loved ones...
Read More7 Retirement Considerations
Thoughts from a financial professional When helping people get ready for retirement, financial professionals find the same issues come up over and over. Thinking ahead can spell the difference between a retirement with enough money and...
Read More5 Last Minute Considerations Before Tax Day
With April’s federal tax filing and payment deadline on the horizon, Americans are dotting their i’s and crossing their t’s as they prepare for the countdown to Tax Day. But before you rush to get that return out the...
Read More6 Money Myths That Are Limiting Your Wealth
When people think of “myths,” they often think of such stories as Pandora’s Box (the woman who took the lid off of a jar releasing all of the world’s ills upon the world, were taxes one of them?), or the Tale of...
Read More5 Social Security Benefits You Might Be Missing Out On
Most people know that once they approach retirement age, their reward for years of work comes from Social Security payments they put money towards during their employment. Deciding when to file for your Social Security payments is...
Read MoreThe History of Mom-and-Pop Shops and How To Support Them Today
Mom-and-pop businesses have held a special place in the hearts of American consumers since the beginning of retail commerce in the USA. These family-owned, small businesses were America’s backbone before larger corporations began...
Read MoreSpring Has Sprung: Time to Refresh Your Retirement Plan
Spring can be a fantastic time to refresh your retirement plan and savings habits. With 2023 bringing increased limits for 401(k)s, individual retirement accounts (IRAs), Health Savings Accounts (HSAs), and other tax-advantaged...
Read MoreWhy Business Owners Need Financial Planning
If you're a business owner, you are likely the Chief Everything Officer at work and have many responsibilities. A business owner's situation is unique since they are asset-rich and cash-poor since their wealth is in their...
Read MoreThe Gender Investing Gap: How Do We Bridge It?
In the U.S., men are investing and accumulating wealth at a greater pace than women, fueling the gender investing gap. Closing the investing gap is essential so that women accumulate enough retirement assets for their entire lives. On...
Read MoreCommon Mistakes That Can Hurt Your Credit
Having a good credit score doesn't just get you the best interest rates. It can also reduce your auto insurance premiums, allow you to avoid security deposits, and in some cases, even help you get hired.1But what goes into your credit...
Read More10 Tips to Develop Financial Wellness This Year
Financial wellness is a state of being when one is in control of their finances, can cover expenses, and save for future goals. Consider financial wellness as your relationship with money; it can be either healthy or unhealthy....
Read MoreTax Planning for Business Owners
What is business tax planning?When starting a business, you must consider a number of tax-related issues. Although business tax planning is a complicated area, it is essential to understand three major topics: tax consequences when the...
Read MoreNothing Says Love on Valentine's Day Like a Spousal IRA
Looking for ways to save "I love you" on Valentine's Day? Then you may want to consider opening a spousal individual retirement account (IRA). This gift says, "Let's grow old together comfortably," and shows your partner that you care...
Read More8 Tips for Becoming a Wise Consumer of Healthcare
With healthcare costs continuing to rise, there are ways to help lower the cost of healthcare for yourself by becoming a wise consumer of healthcare. February is National Wise Health Care Consumer Month and a great time to empower...
Read MoreKMCG Recipe Nook: Reuben Egg Rolls
Reuben Egg RollsFor Super Bowl Sunday and it’s so good, you’ll want it again on St. Patricks Day!Egg roll wrappers1 lb thick deli-sliced corned beef (or make your own and slice it)Deli-sliced swiss cheeseSauerkraut drained...
Read MoreDon't Miss Out on These 5 Commonly Overlooked Tax Deductions
When you own a business, you get to deduct business expenses from your business income. This general rule applies, subject to certain limitations, whether you are a sole proprietor with employees or a self-employed freelancer...
Read MoreBeware Scams at Tax Time
Identity theft runs rampant during tax seasonHere’s what to know and how you can help protect yourself.Identity thieves often swipe your bank or credit card account numbers, birth date information or Social Security Number (SSN)...
Read MoreFinding Focus with Financial Planning: A Step-By-Step Guide
You have probably heard about financial planning and its potential benefits, but you are unsure how to apply the principles to your life. A financial plan is a collection of steps that help you to evaluate your financial condition and...
Read MoreWhat to Know About Secure Act 2.0
With the signing of the Omnibus Appropriations package into law, both employees and employers can take advantage of more than 90 new provisions aimed at creating opportunities to create or modify workplace retirement plans and...
Read MoreFive Helpful Tools for Tax Prep
Tax preparation tools and products continue to evolve even more quickly than the federal tax code itself. Which tax prep tools are worth the hype, and which may be passed over? Below we discuss five high-tech tools to help make tax...
Read MoreYour Financial Fresh Start: 12 Resolutions in 12 Months
Change may be difficult, especially when you try to change your financial habits. The process might be easier if you take an incremental approach. Do you want to get on top of your finances this year? Are you looking for ways to...
Read MoreKMCG Recipe Nook: Creamy Butternut Squash & Sage Soup
Creamy Butternut Squash & Sage Soup from TasteofHome.com Ingredients4 cups cubed peeled butternut squash1 tablespoon olive oil2 tablespoons minced fresh sage1/4 teaspoon salt1/4 teaspoon peppersoup:1 tablespoon olive oil2...
Read MoreYour New Year’s (Financial) Resolutions
A resolution for every month to help you work towards financial independence Cleaning up personal finances remains one of the top resolutions every New Year. But we all know what happens to most such self-promises, so here’s a...
Read More4 Charitable Giving Strategies to Consider
Through charitable giving, you can support causes or organizations you believe in and lock in tax benefits simultaneously. Whether you’re new to charitable giving or a veteran, there are several strategies you should keep in mind...
Read MoreStock Market Stocking Stuffers: How To Give Stock as a Gift
If you struggle to find a gift for the person who has everything—or want to do your holiday shopping without having to leave the house—consider giving stock as a gift. Doing so is easier than you think, and it may offer a...
Read MoreGive the Gift of a Lifetime
If you ask someone their favorite part of the holiday season, giving or receiving gifts will likely be their response nine times out of ten. Gift-giving is a huge part of the holidays—it’s why there are entire days...
Read MoreThe 12 Days of Year-End Planning
The end of the year is necessary to reflect on your financial picture, review the last 12 months, and plan for the future. With all that is involved, it can seem overwhelming. Consider breaking up the responsibilities over twelve days,...
Read More#GivingTuesday: A Global Day for Giving Back
Consider whether a donor advised fund can help build a more generous world November brings us Thanksgiving – a day for simply giving thanks. The 11th month also brings us Black Friday and Cyber Monday – two days encouraging...
Read MoreAn Extra Helping of Helpful Budgeting Tips for Black Friday
Black Friday is sometimes the largest shopping holiday of the entire year. Millions of people typically shop in stores or online on Black Friday to score the top deals on must-have holiday gifts. While it may be easy to become...
Read More5 Year-End Tax Planning Questions to Ask Your Financial Professional
The average U.S. income tax rate stands at just over 13%—and if you're like many taxpayers, you're always looking for new tips and tricks to help reduce this percentage.1There are a number of different tax planning moves you can...
Read MoreKMCG Recipe Nook: Maple Garlic Roast Turkey
In this fall-inspired main dish, turkey is brushed and basted with a maple-garlic butter throughout the roasting process, creating both sweet and savory flavors that harmonize into the perfect bite.
Read More5 Expensive Long-Term Care Planning Mistakes to Avoid
The vast majority of Americans need long-term care. According to the U.S. Department of Health and Human Services, 70% of people over age 65 may need some long-term care during their lives.1 Unfortunately, planning for long-term care...
Read More5 Ways to Boost Your Business for Small Business Saturday
Shoppers spend nearly $20 billion every year on Small Business Saturday.1 If you’re not familiar with this particular holiday, it takes place in the U.S. the day after Black Friday in November, and a few days before Cyber...
Read MoreKMCG Recipe Nook: Italian Hoagie Pie
This is a fun appetizer to bring to any potluck or party. All the delicious Italian hoagie ingredients are beautifully folded into a flaky, buttery crust.Serves 6–8 Ingredients2 cans refrigerated crescent rolls⅛ pound...
Read MoreProtecting Your Financial Information Online
More consumers are conducting financial transactions online and may become vulnerable to tracking, hacking, identity theft, phishing scams, and other cyberspace risks. While nothing can guarantee complete safety on the Internet,...
Read More6 Important Components of Estate Planning
Basic estate planning is something that everyone should do, regardless of your age, marital status, the value of your assets, and if you’re a parent or not. According to a 2021 poll by Gallup, less than half of U.S. adults...
Read MoreHow Financial Planning Can Help Prepare for Long-Term Care Costs
With the cost of long-term care (LTC) increasing year over year, considering how the costs of long-term LTC will impact your financial plan is essential. According to insurance company Genworth, the price of LTC services increased...
Read More8 Things Financial Planning Can Help You Address
Financial planning is unique for each person; no two financial plans look the same because everyone's life and personal goals are different. Regardless of what your goals are, financial planning can help you work towards achieving them...
Read MoreMarkets Selloff For Fourth out of Five Straight Weeks
Markets worldwide were down sharply this week with the S&P 500 Index finishing over 3% lower for the fourth week in the past five. Investors are worried that given Q3 earnings warnings...
Read MoreMarkets SellOff as CPI Surprises to the Upside
Markets worldwide suffered losses amid a hotter-than-expected August Consumer Price Index (CPI) print along with negative leaning Q3 corporate announcements. Given...
Read More5 Ways to Practice Financial Self-Care
Smart self-care does not just mean spa days and movie nights: there are other therapeutic ways to reduce your mental and physical stresses, including how you manage your money. If your goal is to create healthier habits...
Read MoreResources for Women-Owned Small Businesses
Small businesses face many problems related to their size, capital, and capability, and for women-owned small businesses, the challenge is sometimes even greater. The good news is there are many professional organizations out there...
Read MoreMarkets Rebound Amid Next Week’s Inflation Report
U.S. and International EquitiesMarkets Finish HigherMarkets finished higher, reversing three weeks of declines for the major market indexes. Oversold conditions can be seen as the major reason for this week’s bounce as bulls in...
Read MoreMarkets Continue Lower Amid Powell Message
Markets Finish LowerMarkets finished lower for a third straight week. The S&P 500 Index is down more than 8% from its mid-August peak after the index rallied 17% off its mid-June low. Federal...
Read MoreFiguring Out a 401k Strategy That Works for You
Everyone wants a comfortable retirement, but the road you take there will depend on your specific situation. When you invest, you assume a certain level of risk (but like everyone you’re hoping that your holdings will increase in...
Read MoreBalancing Work and Family
At one time, the typical American family looked like this: a breadwinner father who commuted a short distance to work and earned a very good living, and a stay-at-home mother who took care of the kids and family home with aplomb. Life...
Read MoreMarkets Sell Off Sharply On Hawkish Powell Message
U.S. and International Equities Markets Finish Lower. Markets pulled back sharply this week as the S&P 500 Index ended its streak of four straight weekly gains. Markets got an unwelcomed reminder from Federal Reserve (Fed) Chairman...
Read MoreLife Insurance for the Self-Employed
If you're like most people, you bought life insurance to provide for your loved ones in the event of your death. But because you're self-employed, you may have an even greater need for life insurance: You'll want to protect your family...
Read MoreWomen and Money: Taking Control of Your Finances
It's important to have a clear understanding of your overall financial position. As a woman, you have financial needs that are unique to your situation in life. Perhaps you would like to buy your first home. Maybe you need to...
Read MoreMarkets Pull Back, Ending Four-Week Winning Streak
Markets Finish LowerMarkets across the board pulled back this week as the S&P 500 Index ended its streak of four straight weekly gains, the longest such streak since November 2021. Concerns about China’s economic landscape...
Read MoreKMCG Recipe Nook: Chocolate Chip Cookie Blondie Bars
This week Courtney shares a Chocolate Chip Cookie Blondie Bar recipe that is a popular hit among children and adults alike! You'll want to be sure to jot this recipe down if you're craving something sweet...
Read MoreThe Bulls Are Back In Town?
The latest weekly data from the American Association of Individual Investors (AAII) showed a continued increase in the percentage of individual investors who are bullish about short-term market expectations (32.2%), and a continued...
Read MoreWays to Support Black Business
As the call continues to come for following through on support of minority-owned businesses,[1] many are wondering how they may lend their support to black businesses. Whether through direct investment or community support, there are...
Read MoreEnglish Premier League Soccer Kickoff: Do Stocks Cheer Red Or Blue?
The most watched, and arguably the most exciting, soccer league in the world kicked off this weekend across the pond: the English Premier League (EPL). It’s set to be an enthralling season for the many EPL fans around the world...
Read MoreCoins to Cash: The History of American Currency
The history of US currency is a complex one, but also interesting. You pay using coins and cash nearly every day, but do you really know the intricacies behind the design of a dollar or nickel?The first paper currency used in the...
Read More3 Golf Tips to Keep Your Retirement Plan on Course
In golf, as in finances, there are a few rules of thumb that may improve your game: keep a level head, avoid traps, practice before trying something new and stay the course. Applying lessons from the golf course to your financial life...
Read MoreMarket Strength Continues Amid Favorable Earnings
Index PerformanceView enlarged chart.U.S. and International EquitiesU.S. Markets Finish HigherThe major U.S. market indexes finished higher this week as growth and value names witnessed solid gains. The latest batch of second quarter...
Read MoreRemarkable Rise Of ESG Investing
Environmental, Social and Governance Investing BasicsResponsible investing is widely understood as the integration of environmental, social and governance factors – hence the ESG acronym – into investment processes and...
Read MoreA Surprisingly Good Sign for Housing
From Heavy Highway Congestion to Eerily Empty RoadwaysNot to play up too much on the data from the National Association of Home Builders (NAHB) but the NAHB gives insights on the traffic of prospective buyers, a leading indicator of...
Read MoreReasons You Should Plan to Live Until You’re 95
Anchor your financial planning on how long your money needs to last How long do you think you will live? How long does your money need to last? If you’re like most people, you get this age wrong.The consequence? Faulty retirement...
Read MoreAre Supply Constraints Becoming Less of an Influence?
Supply-Driven Contributions to InflationYou have heard it here many times that the current inflationary environment has been irritated by supply-related problems with ports, international manufacturing shutdowns, and global shipping as...
Read More4 Critical Money Tips for New Graduates
As recent graduates enter the workforce, they may need to make some financial decisions to help them prepare for potential economic uncertainty such as inflation, rising real estate prices, and a volatile stock market. If planned...
Read MoreJune Market Insights – Markets Struggle As the Bear Growls
Index PerformanceView enlarged chart.U.S. and International Equities LowerThe major market indexes finished the month in the red as sticky inflation conditions weighed on last month’s market returns as the Federal Reserve (Fed)...
Read MoreLPL Financial Research Midyear Outlook 2022: Navigating Turbulence
Markets rarely give us clear skies, and there are always threats to watch for on the horizon, but the right preparation, context, and support can help us navigate anything that may lie ahead. So far, this year hasn’t seen a...
Read MoreIs the U.S. Treasury Market Showing Signs of Cracking?
The U.S. Treasury market is arguably the most important market in the world. Not only does the market provide the financing of the federal government, it also provides a safe and liquid asset to support the flow of capital and credit...
Read MoreThe Importance of Reassessing Insurance Coverage for Small-Business Owners
Insurance is crucial for any small business. Small-business owners may find themselves in a difficult situation without proper coverage if they suffer building damage or face a lawsuit. While obtaining adequate insurance for your...
Read MoreWas that the Bear Market Low?
With the S&P 500 moving into a bear market and the first half of the year since shaping up as one of the worst ever, many investors are wondering if we have yet seen the bear market low. We first asked, “Was that the...
Read MoreSaving Tips for Younger Adults
Today, younger adults face a variety of challenges in their pursuit of financial independence. Some of these challenges are similar to those faced by previous generations, while others are unique to the times. Here are five financial...
Read MoreInvestor Summer School: 3 Investing Moves to Make Before Summer is Over
Many investors still adhere to the old adage—"sell in May and go away"—while others remain fully invested even as the summer heat waves begin. What goes unsaid is that if your asset allocation accurately reflects your risk...
Read MoreHigher Rates Break Homebuilder Stocks
Undoubtedly the most important story of the past week is the historic move in interest rates. While this is a trend that has been firmly in place for months, it has accelerated even more following last Friday’s higher than...
Read MoreInflation at 41 Years Highs but There Is Some Good News
Headline Inflation Jumps, Core Inflation CoolsHeadline inflation in May rose 8.6% from a year ago, accelerating from April’s 8.3% growth rate. The Consumer Price Index (CPI) rose to the highest year-over-year increase since...
Read MoreFinancial Challenges and Resources for the LGBTQ+ Community
Major strides in LGBTQ+ equality have happened over the last decade. Most notably was the Supreme Court's 2015 decision to recognize same-sex marriage in Obergefell v. Hodge. Even so, members of the LGBTQ+ community tend to experience...
Read MoreFed Fears The Tight Job Market
Labor Markets Are Tight With Little Signs of LooseningEmployment in May grew by 390,000, driven by strong gains in leisure and hospitality, professional and business services, and transportation and warehousing. Job growth does not...
Read MoreEvaluating Your Homeowners Insurance
As a homeowner, you may be familiar with the protection your homeowners insurance policy offers for the structure of your home and its contents. However, you may be surprised to discover the extent to which a standard policy may...
Read More6 Tips for Small Business Owners to Promote Workplace Wellness
Work is stressful at times, and anxiety and stress among your employees may lead to performance issues and an overall lower productivity rate. By promoting wellness in the workplace, you may reduce employee burnout and make the work...
Read MoreWill There Be A June Swoon? Maybe, But Maybe Not
After a late month rally, we can say goodbye to the month of May, which now opens the door to June. Here’s the bad news, June is historically a weak month and it is actually the worst month of the year during a midterm year, down...
Read MoreHealth Is Wealth: How Improving Your Physical Health May Benefit Your Finances
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April 1st employment report was no joke: the labor market is tightening
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Gas Drives Headline Inflation To 40-Year High: Are We Near The Peak Yet?
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Buyer Beware: 4 Educational Tips for National Consumer Protection Week
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New York State's Secure Choice Retirement Savings Plan: What Employers Need to Know
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What Is the VIX Index And How Has It Responded To Russia-Ukraine Conflict?
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Munis Have Held Up (Relatively) Well in Periods of Rising Rates
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What Should Small Business Owners Know About Data Privacy Obligations?
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Weekly Market Performance – Down Week Puts U.S. Stocks Near Correction Territory
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A Season of Giving: 5 Different Ways To Give During the Holidays
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Thanks and Giving: How You Make a Difference on Giving Tuesday
Giving Tuesday is a day to extend the goodwill that the holiday season may bring to help others. With so many in need, the holiday season is a reminder to help those less fortunate. Whether you want to donate your time or contribute...
Read MoreHow Have Stocks Done Under Jerome Powell?
The big news this week was Jerome Powell will remain in charge of the Federal Reserve (Fed) for four more years, so we wanted to do a quick blog that looked at how stocks have done while he has been the Fed Chairman. “There are...
Read More5 Tips for Shopping on Small Business Saturday
There’s no question that November and December are the biggest times of year for shopping. But this year, it’s more important than ever to shop small and benefit your community. Supporting local businesses means...
Read MoreChristmas Shopping Lessons for Investors
Is that investment an innovation or an improvement on an existing product? As Christmas sales loom, we face an endless array of sparkly, shiny and occasionally innovative items. As an investor, you run into a similar phenomenon that...
Read MoreTech is Leading Again
The S&P 500 Information Technology Sector has gained 27% in the past six months, outperforming the broader S&P 500 by more than 10%. But could its run of leadership just be getting started? As shown in the LPL Chart of the Day, the...
Read MoreHow do Black Friday and Cyber Monday retail sales affect the stock market?
What typical investors need to know We all read and hear about various special deals, “doorbusters,” price cuts, and early opening hours on Black Friday. We also read and hear about the Cyber Monday deals. These sales days...
Read MoreReasons To Be Thankful
As we reach the home stretch of 2021, there is a lot to be thankful for. Stocks are having an amazing year, the economy is improving, and COVID-19 trends are going the right direction. Let’s look at some reasons to be thankful....
Read MoreBusiness Contingency Planning for Small Business Owners
There comes a point in time when almost every small business owner contemplates the future of his or her business. Because “the business” typically is a substantial asset, an owner must address a number of estate planning...
Read MoreA Financial Review Can Pay Off at Year End
Today, many people find themselves bombarded by a constant stream of financial news from television, radio, and the Internet. Yet, does all this “information age” data really help you manage your finances any better now...
Read MoreJob Growth Bounces Back in October
The October payroll report more than delivered on expectations for a bounce back from the soft September report. The U.S. Bureau of Labor Statistics released its October employment report this morning, revealing that the domestic...
Read MoreCan You Spot the Scam? Common Financial Fraud Warning Signs
Many people are familiar with the scammers who promise to pay millions of dollars in exchange for briefly holding funds in your bank account or those who offer to enhance certain body parts risk-free. Today's scammers are clever at...
Read MoreOctober Market Insights – The October Rebound
Index Performance View enlarged chart. U.S. and International Equities Stocks erased September losses with solid gains in October for the broad market averages. The S&P 500 returned almost 7% for the month, while the Dow Industrials...
Read More4 Year-End Tax Planning Tips for Small-Business Owners
The past two years presented many small-business owners with unprecedented challenges. This year’s tax planning preparations include necessary measures for small-business owners to satisfy existing, new and modified tax laws that...
Read MoreCybersecurity Awareness: What You Need to Know
October 2021 marks the 18th Cybersecurity Awareness Month—and cybercrime continues to evolve.1 Though you may not get as many emails promising bodily enhancements or asking you to keep some overseas funds in your checking account...
Read MoreLeading Indicators Show Tempered Optimism for Economy
On Thursday, October 21, the Conference Board released its September 2021 report detailing the latest reading for the Leading Economic Index (LEI), a composite of ten data series that tend to lead changes in economic activity. Many...
Read MoreOctober is National Financial Planning Month
Five tips to finding a financial professional that fits you and your family The financial professional you pick to manage your assets and advise you on key financial decisions may affect your retirement and other major financial goals...
Read MoreSolid Retail Sales in September
The U.S. Census Bureau reported overall retail sales grew 0.7% month over month in September vs. forecasts for a 0.2% decline, while retail sales excluding autos and gas also saw solid gains, rising 0.7% month over month vs. estimates...
Read MorePaving Your Road to Retirement
Whatever your age, it’s never too soon to look ahead and begin giving thought to your retirement. With proper planning, you can make the transition to retirement a smooth, comfortable and confident ride. Today, more than ever,...
Read MorePut Yourself in Front of the Savings Game
Like dieting, budgeting your expenses can benefit from long-term commitment. However, human nature leads many of us to become frustrated when we can’t immediately have the things we need or want. As a result, the best-laid...
Read MoreThird Quarter Earnings Season Preview
We have used most of the superlatives we know to describe corporate America’s stunning performances over the past two earnings seasons. Despite lofty expectations, results exceeded estimates by huge margins. We expect solid...
Read MoreSeptember Market Insights – The September Selloff
Index Performance View enlarged chart. U.S. and International Equities September has been the worst performing month over the past 10 and 20 years. Looking at the prior year, the S&P 500 pulled back over 9% from September 2nd to...
Read MoreHow To Keep All Your Financial Accounts & Assets Neatly Organized
Don’t let disorganization become one of your biggest money problems. It’s easy to lose or misplace money. But unlike finding $20 in an old jacket, what if a bank or investment account containing thousands goes untouched for...
Read MoreLeading Indicators Show Optimism For Domestic Economy
On Thursday, September 23, the Conference Board released its August 2021 report detailing the latest reading for the Leading Economic Index (LEI), a composite of ten data series that tend to lead changes in economic activity. Many...
Read MoreRevisiting Our 10-Year Treasury Yield Forecast
Until recently, we expected the 10-year Treasury yield to end the year between 1.75% and 2.0%. Now, however, there are two key elements suggesting we are unlikely to see significantly higher interest rates by year end: The Delta...
Read MoreCollege Financial Aid: Do Your Homework
If one or more of your children will reach college age soon, you may be wondering how you will manage all the costs. For many families, a financial aid package provides some level of tuition support in the form of grants, scholarships,...
Read MoreMain Street Sentiment Remains Strong Despite Risks from Speedy Recovery
According to LPL Research’s analysis of the Federal Reserve’s (Fed) recently released Beige Book, business sentiment on Main Street has declined in recent months as the economy navigates the latest wave of COVID-19, but...
Read MoreGlobal Monetary Policy and What Likely Comes Next
The Covid-19 pandemic was an unprecedented shock to a large majority of global economies. But the economic damage was met with an extraordinary global monetary response with the Federal Reserve (Fed), European Central Bank (ECB), the...
Read MoreHealthy Mind, Healthy Life
There are many things you can do to keep your brain active: going outside more, listening to classical music, or learning a new skill. As you get older, it’s imperative to take care of your mental and physical health. Both are...
Read MoreLife Insurance
Protection for All Life’s Stages As your life changes, your financial needs often change, as well. Regardless of whether you are just starting out in life, are in mid-career, or are at the peak of your earning years, life...
Read More529 Savings Plans: For Education Expenses and Estate Planning?
A 529 plan is a state-sponsored tax-advantaged plan designed for saving for future education expenses authorized by Section 529 of the Internal Revenue Code. If used for education, the assets grow tax-free. According to the College...
Read MoreChoosing the Right 401(k) for Your Employees & Your Business
Implementing a 401(k) plan for your employees is good business. It means you're thinking strategically, that you care for your employees, and are focused on the long-term health of your company. Implementing a retirement plan: Can help...
Read MoreHow is Delta Affecting Consumer Behavior?
How is the recent increase in COVID-19 cases in the United States linked to the spread of the Delta variant affecting the U.S. consumer’s behavior? We look at some consumer confidence focused high-frequency data for clues on how...
Read MoreFive Useful Beach Hacks
There’s certainly a reason why trips to the beach are one of the most desired summer vacations. From basking in the sun to indulging in delicious boardwalk treats, a beach trip is sure to create unforgettable memories with both...
Read MoreJackson Hole Economic Symposium Preview
Since 1978, the Federal Reserve Bank of Kansas City has played host to central bankers, policymakers, academics and economists from around the world at its annual economic policy symposium in Jackson Hole, Wyoming, which is slated to...
Read MoreBack to School for College Kids
Many college students are looking forward to getting back to campus to continue their higher education and resume their normal life post-pandemic. Whether you're a first-year student or well-versed in college life, understanding proper...
Read MoreA Closer Look At The High Yield Muni Market
As mentioned in the most recent Muni Market Monitor, high yield muni funds have accumulated $24 million of net inflows year to date, representing ~20% of total inflows to the total municipal category. With the prospects of higher...
Read MoreWhat Can A Financial Professional Do for Non-Profits?
As of 2017, about two-thirds of all nonprofit organizations in the U.S. had annual budgets of less than $1 million.[1] For these non-profit organizations where every penny has a purpose, having the services of a financial professional...
Read MoreLeadership Changes Coming to the Federal Reserve?
The Chairperson of the Federal Reserve (Fed) is appointed by the President of the United States and serves a four-year term. The current Chairperson, Jerome Powell, has held that position since 2018 so his initial term is ending early...
Read MoreWays to Support Your Local Libraries
Local libraries are an essential part of the community. They often provide literacy programs and support to children and adults alike, while bringing the joy of reading to anyone who wants to partake. Many libraries rely on...
Read MoreJuly Market Insights – Sixth Straight Monthly Gain for the S&P 500, Led by Growth
U.S. and international equities In July, the U.S. major market indexes finished higher while international equities, as represented by the developed international markets (MSCI EAFE), and the emerging markets (MSCI EM), finished the...
Read MoreThe Crazy Cost of the Olympic Games
Since the first modern Olympic games in 1896, the competition has been a prestigious honor for the hosting country, but also a significant economic and structural undertaking. Billions of dollars are put toward the construction of new...
Read MoreFederal Reserve Meeting Preview
The Federal Reserve (Fed) meets this week to discuss its ongoing support for the U.S. economy. During its regularly scheduled two-day meeting, the nineteen-member committee is expected to discuss if and when the Fed should start to...
Read MoreEarnings Season Off to a Great Start
Top Story Earnings season off to a great start Beat rates have been outstanding so far with 85% and 90% of S&P 500 companies beating earnings and revenue targets. Second quarter earnings growth is tracking to a nearly 70%...
Read MorePicking the Right Golf Partner is Not Easy
Have you ever thought about what kind of golf partner best suits your game? Maybe you have an upcoming member guest or are considering joining a local four-ball league this summer? Turns out picking a golf partner is a lot like...
Read MorePre-Vacation Home Safety Tips
Vacation is something that we all look forward to, but it’s important not to forget about your home—and its safety—while you’re away. With some pre-planning, it’s easy to make sure your house is safe and...
Read MoreLPL Research Releases Midyear Outlook 2021: Picking Up Speed
LPL Research is proud to announce the release of Midyear Outlook 2021: Picking Up Speed. While the speed can be exhilarating as economic growth accelerates, it can also be dangerous. Our updated outlook is designed to help you navigate...
Read MoreHealthcare and the Sandwich Generation
Members of the "Sandwich Generation"—or adults who have at least one parent over age 65 and at least one child who still requires financial support—often find themselves torn between their dual caregiving responsibilities.1...
Read MoreS&P 500 Index Streaking
Top Story Streaking. Stocks have been extremely strong recently. Here are some eye-opening stats. The S&P 500 Index is up seven days in a row for the first time since August 2020. It hasn’t been up eight in a row since April 2019...
Read MoreCorporate Credit Markets Are Boring And Why That’s Good For Equity Investors
While most of the focus lately has been on the volatility in the Treasury markets, the corporate credit markets continue to tell an encouraging story about the economic recovery. The traditional U.S. corporate credit bond market...
Read MoreConnecting the Dots on the Recent Bond Market Price Action
The “dot plots” are slowly becoming the new phrase of the year after the July 16 Federal Reserve (Fed) meeting. As a reminder, the dot plots represent the expected path of short-term interest rates by Fed members. Each dot...
Read MoreYour Retirement Portfolio: Five Things to Consider Before Market Turbulence
It is human nature to seek advice when things aren't going well or when an unforeseen event occurs. Often, people seek financial advice from a professional only when the stock market and their investments are experiencing turbulent...
Read MoreTempering Tech
As investors we fight against behavioral biases in every investment decision we make. Our Director of Research Marc Zabicki talked recently about some of these biases in this video. We become attached to our ideas and when we think...
Read MoreAnnuities and Market Risk: What You Need to Know
Market risk is something all investors may worry about, but those close to retirement have limited time to recover from market loss. If you are within ten years of retirement, now is a critical time for your portfolio to continue to...
Read MoreMunis Are Expensive but Technicals Remain Favorable
While many of the taxable markets have generated negative returns this year, both the high quality and high yield municipal markets have generated positive returns (no guarantees that will continue, of course). State and local...
Read MoreMaintaining the Investment You Made in Your Home
For many Americans, the home is the single biggest purchase made during their lifetime.[1] As a result, it's important to do everything possible to keep it in good condition. Even moderate or short-term neglect can be dangerous, as...
Read MoreMay Market Insights – Commodities Extend Gains in May
Index Performance View enlarged chart. U.S. and international equities The month of May proved to be mixed for the U.S. major market indexes. Last month’s top performer, the Nasdaq composite, was May’s laggard....
Read MoreThe Relationship Between Treasury Yields and Mortgage Rates
Market Blog Tuesday, May 25, 2021 Mortgage rates are still around all-time lows but they may be headed higher. The 30-year national average mortgage rate hit an all-time low of 2.82% back in February, but with the U.S. economic...
Read MoreApplying for Small Business Grants
Oh, the things you could do with free funding for your small business! And thousands of those opportunities are out there1 – like fish in the sea. Landing one of those fish requires dedication, preparation, and hard work, but...
Read MoreSpring Cleaning
Spring has a different meaning for everyone. Some think of the rain and new flowers. Others look for the ability to be outside after the long winter. Some hear the dreaded weekend killing phrase “Spring Cleaning” and look...
Read MoreGone Phishing: Protecting Against Online Attacks
Identity theft is a growing concern that impacts millions of Americans every year. According to a recent study,11 more than 14 million Americans fell victim to online theft in 2018, with 23% of those incurring unreimbursed personal...
Read MoreWhat Is “Tapering” and Why Is It Important?
After the April consumer price index (CPI) release that surprised to the upside, indicating consumer prices in some areas of the economy are increasing at a faster pace than many expected, the discussion has shifted to the need for the...
Read More5 Investment Considerations for Small Business Owners
If you're a small business owner, many of the best practices employed by individual investors are also available to you (of course!), but you also have some additional options and factors to weigh while creating your investment plans....
Read MoreMeasuring Inflation and the Fed’s Reaction to Higher Prices
Inflation is one of the primary risks to bondholders. Rising consumer prices erodes the “real” value of principal and interest payments making them worth less. However, the Federal Reserve’s (Fed) reaction to...
Read MoreApril Market Insights – Economic Revival Signs Are At Hand
Index Performance View enlarged chart. U.S. and International Equities This month provided another set of positive results for the U.S. major market indexes. The top performer was the Nasdaq, rebounding from last month’s lagging...
Read MoreInfrastructure Plan, Higher Income Taxes and Municipal Bonds
President Biden’s recently proposed $2 trillion infrastructure investment plan would, if enacted as-is—a big “if” for sure— provide much needed support to traditional infrastructure projects like roads and...
Read MoreValuations Matter in the Bond Market Too
“Price is what you pay; value is what you get.” – Legendary value investor Ben Graham. Valuations matter—at least in the long run. We believe it to be true in the equity markets and in the fixed income markets...
Read MoreHow to Balance Fun With Savings
As you start your career and work toward advancement, you are likely to hear all kinds of advice about the importance of saving and investing for the future. A healthy savings account and the right investments can help you get through...
Read MoreIs there Seasonality in the Bond Market?
Growth and inflation expectations are widely known fundamental variables used in determining fair value for fixed income securities, but are there seasonal patterns that exist in the bond market that can help investors determine when...
Read MoreRetirement Planning: To Roth or Not to Roth?
When saving for retirement, it often makes sense to contribute to employer-sponsored retirement plans to take advantage of any available employer match opportunities. However, not everyone has access to an employer-sponsored plan. Even...
Read MoreRecord Surge In PMI Surveys
Record surge in Purchasing Managers’ Index surveys U.S. businesses are looking to escape from underneath the shadow of COVID-19, and the Institute of Supply Management’s (ISM) Purchasing Managers’ Index (PMI) surveys...
Read MoreThe 3 Components of Social Security
Many have heard Social Security retirement benefits referred to as part of the "three-legged stool" of retirement: Social Security, a pension or defined benefit plan, and personal savings.1 The idea is that with these three sources of...
Read MoreInvesting for the Long Haul: 5 Tips for Millennials
As Millennials establish themselves in their careers and as adults, now is the time for these 20- and 30-year-olds to begin investing. Developing a lifelong process of saving and investing for the future is the key to this...
Read MoreStocks Love April
“History doesn’t repeat itself, but it often rhymes.” Mark Twain What more can we say other than few months have been kinder to stocks lately than the month of April. In fact, it was last year that saw the S&P 500...
Read MoreCorporate Credit Markets Have Sold Off This Year. A Harbinger of Things to Come?
While most market participants have been (rightly) focusing on the sell-off in the Treasury markets this year, U.S. corporate credit markets have sold off as well. Corporate credit markets, as defined by the Bloomberg Barclays U.S....
Read MoreThree Things Millennials Should Know About Savings
Millennials often get a bad rap when it comes to hitting certain financial milestones like moving out or buying a home, but they've proven to be ahead of the game when it comes to savings. In fact, 25 percent of Millennials who save...
Read MoreHow Different Generations Invest
Each generation comes of age during different economic circumstances, and this can have a major impact on their later money habits. Financial professionals have identified some investing tips for certain generations that can help make...
Read MoreThe Nasdaq Moves To A Correction; Why That Could Be Good News
“It’s tough to make predictions, especially about the future.” -Yogi Berra The Nasdaq officially moved into correction territory, down more than 10% from the all-time high. It took only 15 trading days to do this, one...
Read MoreAging Parents and Money
Getting old is hard. Your parents’ ability to manage their own finances may decline as they age. Helping them with money matters is a sensitive issue you need to approach carefully. When you hit a certain age of your life, you...
Read MoreAnatomy of a Bond Market Sell-off
Coming into 2021, one of our higher-conviction ideas was that we would see rising long-term interest rates in the United States; it’s one of the reasons we recommended suitable investors consider an underweight to interest rate...
Read MoreMarriage Financing for the Millennial Generation
Young adults born between 1981 and 1996, the Millennial Generation, face a variety of challenges in their quest for financial security – especially those preparing to get married. Some of these challenges are similar to those...
Read MoreTreasury Yields Are Rising. Now What?
Treasury yields started moving sharply higher this past month (remember that as yields go up, prices go down). And while the upward march began in earnest last August when the 10-Year Treasury yield bottomed at an all-time low rate of...
Read MoreOptimizing Required Minimum Distributions
Seventy-two is an important age milestone for those in or near retirement, as it marks the time when required minimum distributions (RMDs) begin to be withdrawn annually from IRAs and employer-sponsored retirement plans (previously,...
Read MoreInvesting for the Future
For years, you’ve diligently invested in your retirement portfolio, accumulating wealth that you hope will sustain you throughout your Golden Years. To help see that your assets are sufficient to help you support your lifestyle...
Read MoreThe Stock Market’s Cost of Admission
“One of the most helpful things that anybody can learn is to give up trying to catch the last eighth—or the first. These two are the most expensive eighths in the world.” –Jesse Livermore Countless stock...
Read MoreAssessing Your Retirement Resources
How resourceful can you be during your retirement? Determining where your retirement money will come from is an integral part of planning for retirement. Most people draw on three main sources of income: Social Security,...
Read MoreInflation Expectations Highest Since 2014
The 10-year breakeven inflation rate, a market-based measure of inflation expectations, hit its highest level last Friday, February 5, since 2014. Still, at 2.21% expected annual inflation over the next 10 years, it remains a...
Read MoreWhen to Begin Collecting Social Security
Deciding when to retire and begin collecting Social Security is an important life decision. For some, savings losses may dictate that you delay your retirement plans and continue working, which means postponing when you begin...
Read MoreShould Investors Root For Tom Brady Or Patrick Mahomes?
The Super Bowl Indicator suggests stocks rise for the full year when the Super Bowl winner has come from the original National Football League (now the NFC), but when an original American Football League (now the AFC) team has won,...
Read MoreInterest Rate Reversals Revisited
In LPL Research Outlook 2021: Powering Forward, we noted that large interest rate declines historically have been followed by reversals. With the 10-year Treasury yield continuing to climb, now’s a good time for an update. As...
Read More2020/2021 Tax Season Guide
To ease some of the burdens of tax season, we are providing this helpful guide, which contains all the information you may need to easily address tax issues and questions that you might face. It will assist you in becoming familiar...
Read MoreCredit Spreads Limit Bond Performance Outlook
Investment-grade credit spreads, the extra yield you get from investment-grade corporate bonds compared to similarly dated US Treasuries, have already tightened to a level you usually only see during the middle of the economic...
Read MoreBuying Your First Home for Millennials and Gen Z
If you are a Millennial or Gen-Zer, buying your first home is likely one of the top priorities on your list. While you may know that you are ready for a house, you may be wondering what considerations you need to make before getting...
Read MoreTreasuries Hit Key Levels
Treasury yields hit two key levels the first week of 2021. As shown in the LPL Chart of the Day, the 10-year Treasury yield moved above 1% for the first time since March 2020, and the 10-year breakeven inflation rate, a measure of...
Read MoreIRS Makes Annual Inflation Adjustments for 2021
The Internal Revenue Service announced annual inflation adjustments for the 2021 tax year for more than 60 tax provisions, including standard deductions and the tax rate schedules. More details can be found at “Revenue Procedure...
Read MoreCOVID-19 Stimulus, Round Two-What Should You Know
After months of intense debate, the House and Senate voted to pass a second COVID-19 economic stimulus bill and the President has signed it into law.1 At a total cost of $900 billion, this 5,600-page bill[1] contains everything from...
Read MoreTwo Tales of 2020 Bond Returns
US investment-grade bonds had a solid 2020 despite a tumultuous year overall. The broad Bloomberg Barclays US Aggregate Bond Index had a total return of 7.5%—not as strong as 2019’s 8.7% but its fifth-best year in the last...
Read MoreThree Fed Takeaways from an Extraordinary Year
2020 was an extraordinary year for the Federal Reserve (Fed). The Fed responded swiftly and decisively to the rapidly accelerating financial and economic uncertainty brought on by efforts to contain the COVID-19 pandemic. The current...
Read MoreGetting a Jump on January Tax Season
From pandemic-related stimulus payments to job losses and furloughs, for many taxpayers, next spring's tax season may be more complex than usual. With the end of 2020 rapidly approaching, you should take some time to review your tax...
Read More4 More Years of Dollar Weakness?
Back in July, we wrote in our July 23 LPL Research blog that dollar weakness may continue, highlighting a short-term bearish technical case for the US dollar. Since then, the Bloomberg US Dollar Index and the US Dollar Index (DXY) are...
Read MoreCreating a Business Plan for Small Businesses
Your business plan is an important part of creating a business and a critical tool for drawing in lenders and investors. If you're thinking about launching a small business or if you want to take your small business in a new direction,...
Read MoreOUTLOOK 2021: Powering Forward
More than most years , it’s hard to look ahead to the next year, to 2021, without looking back at 2020. A global pandemic, a massive economic collapse, a bear market, a surprisingly sharp reversal, a hotly contested election...
Read MoreContributing to a Charity When You Have More Time Than Money to Give
If giving to charity is important to you but you have more time than money, you may wonder whether your donation of manpower will be as valuable as cash. For many charities, the answer is an unequivocal yes. Below are some tips and...
Read MoreCorporate Bonds Tilting Toward Expensive
Not surprisingly, corporate credit spreads widened dramatically back in March 2020, making corporate bonds cheap relative to historical averages. (Credit spreads are the extra yield corporate bonds offer versus similarly dated...
Read More30,000 Reasons To Be Thankful
As 2020 winds down, it has been an extremely tough year on all of us. Still, there are many reasons to be thankful and today we will share some reasons investors should be thankful. Stocks have had one of the largest reversals ever in...
Read MoreCharitable Giving: How it Affects You Financially as Well as Personally
The holiday season is just around the corner and many charitable organizations are in desperate need of donations to help provide the vital services needed in the community. You are most often inundated with a number of charitable...
Read More2 Reasons Long-Term Rates Could Continue to Rise
Fixed income investors aren’t used to having to deal with the volatility of stocks, but in the year that is 2020, that is exactly what has happened thus far. Unfortunately, while we don’t see the volatility of Q1 2020...
Read MoreEnd of Year Planning: Set Goals and Reduce Taxes
By the last third of the calendar year, you're likely to have a pretty good idea of what your annual income will be and whether any major expenses or big life changes await you. This can allow you to engage in more robust tax planning,...
Read MorePrepare for Long-Term Care Before The Need
Long-term care (LTC) keeps you functioning in the face of devastating illnesses, disabilities and prolonged disorders such as Alzheimer’s disease. LTC kicks in when you lose the ability to care for yourself and can no longer do...
Read MoreBenefits of HSA and FSA Accounts
Flexible Spending Accounts (FSA) and Health Savings Accounts (HSA) are designed to help you save money on medical costs by giving you access to a special savings account with tax benefits. Although these plans are very similar, they...
Read More2 Post-Election Charts You Need to See
The election is over, but the questions are mounting. We don’t know who will be the next president as of Wednesday morning, but we do know that stocks tend to do well the final two months of an election year. “Once the...
Read MoreThe Best Day Of The Year Is This Week
With the election only six days away and earnings season in full swing, stocks have bucked the usual October weakness during election years so far in 2020 (Monday’s losses notwithstanding). The good news is this could continue,...
Read MoreInvesting in an Election Year
The world's events always affect the markets, and making smart investment choices requires you to look at what's happening around the world. But what about during an election year? How should you invest while the country is deciding...
Read MoreEnrolling in Medicare Advantage: What You Need to Know
Now that you have decided that Medicare Advantage is an option worth exploring, you may be wondering what the next steps are to signing up. While the steps for signing up are simple, there are a few key points to remember during the...
Read MoreUnder-the-Radar Signal That Rates May Head Higher
The 10-year Treasury yield has stayed in a narrow range since April 2020, helped by a supportive Federal Reserve and ongoing concerns about the COVID-19 pandemic. As shown in LPL’s Chart of the Day, the 10-year Treasury yield...
Read More12 Estate Planning Must-Dos
Many of you already have estate documents, probably executed many years ago. You need an estate attorney to look over your documents every 10 years or so. Here are a dozen points to review. 1. Do you have a will and powers of attorney...
Read MoreStocks and the Election Don’t Mix
As concern over the upcoming election continues to build, one of the questions we’re getting is whether investors should sell ahead of the election for fear the party they don’t want to win takes over the White House. As...
Read MoreHow Corporate Bond Spreads Respond to Equity Market Volatility
An old Wall Street adage says bond markets are smarter than equity markets, so when stocks encounter volatility, investors often look to the bond market for clues about the potential severity of equity market weakness. The...
Read MoreHow Bonds May Perform When Rates and Stocks Fall
A few weeks ago we looked at how different bond sectors performed during rising rate periods during the last economic cycle (2009–2020). Today we look at falling rate periods—not the outcome we expect, but it can still be...
Read MoreThree Things to Know Before Buying a Home
Whether you're a first-time home buyer or are re-entering the real estate market after a hiatus, it's important to educate yourself on the most up-to-date tips and tricks for purchasing a home. Doing so can help save you thousands or...
Read MoreAvoid The Market Timing Trap in Retirement
After decades of adding to your retirement accounts, making the mental switch to withdrawal mode can be a challenge. It may be tempting to try to time the market to mitigate the risk of any sudden drops or ongoing turbulence. However,...
Read MoreCentral Banks Speak
The US Federal Reserve (Fed) and Bank of Japan (BoJ) both meet this week, while the European Central Bank (ECB) met last week. When central bankers talk— markets listen. “The global economy has been steadying faster than...
Read MoreNational Life Insurance Awareness Month
September is National Life Insurance Awareness month. And while most of us likely recognize that life insurance provides us peace of mind and security, there may be a few things you don’t know. Life Insurance is Not Just for the...
Read MoreAnalyzing the Jobs Report
The jobs market remains strong, as the August nonfarm payrolls came in at a solid 1.37 million jobs created, right in line with expectations. This was the fourth consecutive month of gains, up 10.6 million over this time frame. In...
Read MoreHow to Protect Your Wealth as You Get Older
As you get older and closer to retirement, your financial practices need to shift slightly as you transition from working and saving to relying on your nest egg. As you approach this stage of your life, you need to take steps to...
Read More3 Charts To Watch If You Are Bullish
The S&P 500 Index just closed the door on its best August since 1986, making new all-time highs along the way, while also closing up five months in a row. First things first, make no mistake about it; this is a new bull market. That of...
Read MoreIncome Inequality and Its Impact on Women's Retirement
Here are the facts. Generally speaking, women earn less than men, live longer than men, and often take time out of the workforce to have children and/or to care for an aging parent or sick loved one. The potential consequence of these...
Read MoreHistory of Social Security
Over 63 million people in the United States receive Social Security benefits every month. While most of these people are retirees, about 20% are disabled or the surviving children or spouses of workers. Some people rely on these...
Read MoreLow Treasury Yields Present a Challenge as Inflation Expectations Rise
As the COVID-19-related economic weakness that characterized the first half of the year subsides, growth has begun to return as trillions in fiscal stimulus have helped to stabilize consumer spending. Against a backdrop of improving...
Read MoreBond Returns and Congress
As election season heats up, we are often presented with questions regarding market returns based on the political party composition of the White House and Congress. In our Election Preview Weekly Market Commentary, we took a closer...
Read More3 Mistakes to Avoid Before Taking Required Minimum Distributions
Uncle Sam wants your money. He has bills to pay, just like you. And he's been waiting patiently for decades for you to hand over his share of your tax-deferred retirement dollars. He expects some folks to be stubborn about it, so he...
Read MorePreparing For Your Next 401(k) Open Enrollment
Open enrollment season is one of the shortest—in most cases, employees have only a few weeks to research their options and make a decision on things like their 401(k) contributions, health and dental insurance, disability...
Read MoreThe Worst Years for Treasuries Don’t Look Like This…Except One
The 10-year Treasury yield is historically low, so low that it could climb a full 1% before the end of the year and still be the lowest year-end yield on record, with room to spare. Historically low rates come with a genuine concern...
Read MoreHigh-Frequency Data Reflects Pause in Recovery
After carving out the first part of a “V-shaped” recovery, the US economy has leveled off somewhat in response to the latest wave of COVID-19 infections. In this week’s Weekly Market Commentary: Stalling Economic...
Read MoreThe Sandwich Generation: Juggling Family Responsibilities
At a time when your career is reaching a peak and you are looking ahead to your own retirement, you may find yourself in the position of having to help your children with college expenses while at the same time looking after the needs...
Read MoreLet’s Get Real About Yields
While the 10-year Treasury yield has traded in a narrow range since early April, the equivalent real yield, represented by the yield on 10-year Treasury inflation-protected securities (TIPS), has continued to fall and could go lower....
Read MoreMidyear Outlook 2020: The Trail Ahead
AT THE MIDPOINT of 2020, we’re mindful that it’s been an extremely challenging year so far in the United States and around the globe. We’re in the midst of a pandemic that continues to impact all of us, our...
Read MoreHow to Make Savings Last Longer in Retirement
Whether you dream of a travel-filled retirement or would prefer to relax and enjoy spending more time at home, you're probably wondering what you can do to make your golden years as stress-free as possible. For many who have spent the...
Read MorePaying for College and the Impact of COVID-19
With the coronavirus shutting done educational institutions and moving classes online, the face of education across the country has changed. While the focus has been primarily on completing the educational requirements to get K through...
Read MoreEconomically Sensitive Fixed Income Sectors Lead in Second Quarter
The Bloomberg Barclays US Aggregate Bond Index posted a solid total return of 2.9% in the second quarter of 2020, its eighth consecutive quarterly gain, and a relatively strong quarter for the broad investment-grade bond index...
Read MoreTen Things You Must Know About Medicare
Heading into your retirement years brings a slew of new topics to grapple with, and one of the most maddening may be Medicare. Figuring out when to enroll, what to enroll in and what coverage will be best for you can be daunting. To...
Read MoreThe Best Quarter Since 1998
What a quarter the second quarter was, with the S&P 500 Index adding 20.0%, for the best quarter since 1998 and the best second quarter since 1938. Of course, stocks fell 20% in the first quarter, so what we really have is a bad case...
Read MoreIRS Offers Relief to Retirement Plan Participants
On June 19, 2020, the Internal Revenue Service announced new guidelines to help those affected by COVID-19 gain more access to retirement plan distributions and loans. The IRS expanded the categories of those eligible, called qualified...
Read MoreAssessing Your Retirement Resources
How resourceful can you be during your retirement? Determining where your retirement money will come from is an integral part of planning for retirement. Most people draw on three main sources of income: Social Security,...
Read MoreCoupon Clipping for Investment Income
What can we learn about investment income opportunities from coupon-clipping environments? From 1977 to 2019, the price of the Bloomberg Barclays US Aggregate Bond Index rose in 22 calendar years and fell in 21 years, but, adding in...
Read MoreGreen Shoots in Real-Time Economic Data
Real-time data continues to provide valuable insight into the current state of the US economy even as traditional economic data is too slow to pick up changes that are occurring. Today we revisit some of the real-time data points that...
Read MoreIs Long-Term Care Insurance a Good Idea?
There is a good possibility that you or your spouse will eventually require some form of long-term care (LTC). According to the Centers for Medicare & Medicaid Services, at least 70% of people aged 65 or older will require some form of...
Read MoreIt’s Official, We’re In A Recession
In probably one of the least surprising economic calls of all time, the Nation Bureau of Economic Research (NBER) officially declared an end to the longest expansion ever and the start of a new recession. As shown in the LPL Chart of...
Read MoreAnnuity Options: Choices Abound for Today's Retiree
As the earliest baby boomers begin to enter retirement, the various income guarantees and other living benefits offered through variable annuities (VAs) are gaining in importance. Yet before you rush to add a VA to your retirement...
Read MoreCorporate Bond Spreads Decline as Fed Increases ETF Purchases
The Federal Reserve (Fed) increased its bond exchange-traded funds (ETF) purchases in the week ending May 20 (the most recent data available), adding another $1.5 billion in bond ETFs to its balance sheet, bringing the total holding to...
Read MoreSmall Business and Insurance: What Do You Really Need?
Insuring your business against various forms of financial loss is a common small business strategy. While you have much to attend to with the day-to-day needs of your small business, insurance considerations are equally as important....
Read MoreFed Says No to Negative Rates
There’re plenty of people who think negative interest rates are a good policy. But we don’t really think so at the Federal Reserve. And I think it’s an area of real uncertainty in the central banking world. -Fed Chair...
Read MoreThe Inflationary Impact of COVID-19 Stimulus
The coronavirus outbreak, which was first detected in China, has infected millions of people in hundreds of countries and has left global governments, businesses, families and individuals around the world counting the costs. In the U.S...
Read MoreMarket Update: Wed, May 13, 2020 | LPL Financial Research
US markets higher. US equities opened higher, bucking weakness in Europe and mixed results in Asia. Worries over escalating US-China tensions are growing. It is a quiet news day, but this morning, Fed Chair Powell is scheduled for a...
Read MoreWhat You Need to Know About the Paycheck Protection Program
As the country comes together to try to slow the spread of the coronavirus, many businesses have been forced to suspend operations, while many others have experienced a sharp decline in revenue. To encourage businesses to continue...
Read MoreRemembering the Flash Crash
One of the most historic market crashes ever took place 10 years ago today, with the Dow Jones Industrial Average Index plunging more than 1,000 points, or 9%, within minutes, only to regain most of the losses by the end of the day....
Read MoreThe Small Business Guide to Surviving the Coronavirus Pandemic
Whether your business has been temporarily closed by a state shelter-in-place order or is still operating as a provider of essential services, balancing your revenue needs with protecting the safety of your employees and customers can...
Read MoreHave Stay-At-Home Growth Stocks Peaked?
Over the past couple of weeks, we have thankfully witnessed new cases of COVID-19 in the US trending lower. Increasingly, we are also seeing governors implementing plans to re-open their state economies in phases. If the US economy...
Read MoreBalancing Working from Home and E-Learning: A Parent's Guide
If the coronavirus crisis has led you to recently join the more than 5 million U.S. workers who work from home, you may still be settling into a routine.1 Adding homeschooling (or e-learning) into the mix can introduce additional...
Read MoreWhen Will The Recession Officially Start?
With 22 million jobs lost in the past four weeks, a record drop in retail sales, and huge drops in industrial production and housing starts, it is safe to say we are likely in a recession. Even the Federal Reserve (Fed) in the recent...
Read MoreCan Stocks Close Higher In 2020?
What a ride 2020 has been for investors. The fastest bear market ever, now one of the steepest recoveries ever. After being down more than 30% for the year on March 23, this recovery is extremely impressive. In fact, before yesterday,...
Read MoreBig Annual Declines Are Rare
Stocks have rallied nicely off the March 23 lows on the back of a bold policy response from the Federal Reserve (Fed) and lawmakers in Washington, DC, which was followed by signs that a peak in growth of COVID-19 cases may come soon....
Read MoreRetirement Assistance Within the CARES Act
In late March 2020, as the number of novel coronavirus cases in the U.S. surged past 100,000, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was passed into law. The CARES Act provides around $2.2 trillion in aid to...
Read MoreThe Coronavirus and Dollar-Cost Averaging
Investors have been whipsawed during late February and early March. Consider the performance of the Dow Jones Industrial Average from February 27th through March 11th of 2020. Investors saw: The three largest-one-day-losses in history...
Read MoreWhat Is in the $2 Trillion Relief Package?
The United States has more cases of the coronavirus than any other country, and in an attempt to stop the spread of this disease, states have closed schools and businesses throughout the country. These unprecedented shutdowns have...
Read MoreMarket Update: Wed, Apr 1, 2020
More weakness. After wrapping up one of the worst quarters ever for stocks, stocks sold off globally this morning after a somber warning from President Trump. Trump said the United States is facing potentially its toughest two weeks...
Read MoreWhat to Know About New York’s Paid Sick Leave Benefits for COVID-19
The COVID-19 pandemic has spread throughout all 50 states, but perhaps none is harder hit than New York. In response to the exponentially increasing number of COVID-19 cases, on March 18, 2020, Governor Andrew Cuomo signed a bill...
Read MoreMarket Volatility Stresses Liquidity
The COVID-19 pandemic has caused unprecedented volatility in recent weeks that has investors and traders scrambling to assess the economic and market impact of the aggressive containment measures. This past week the CBOE Volatility...
Read MoreHow Quickly Can Stocks Recover From COVID-19?
The market volatility continues, as the S&P 500 Index has closed either up or down 4% or more for a record 7 consecutive days. With the S&P 500 Index down 30% from the highs, it has officially moved into a bear market. Yesterday, we...
Read MoreHistory of St. Patrick’s Day
On Saint Patrick’s Day, towns hold festive parades, people head to restaurants to dine on Irish fare, children pinch each other if they don’t wear green, and everything from beers to milkshakes turn the color of shamrocks....
Read MoreEstimating Your Social Security Benefits
The Social Security Administration (SSA) has had, since 2014, an online option (called my Social Security) for receiving annual benefit statements -- however, if you do not wish to open an account, you may still estimate your Social...
Read MoreWeekly Market Update: Wed, Mar 11, 2020 | LPL Financial Research
Down again. The S&P 500 Index opened sharply lower this morning, on the heels of a huge 4.9% oversold bounce yesterday, the largest single-day gain since December 26, 2018. There are now more than 1,000 cases of COVID-19 in the US,...
Read MoreMonday Market Drama and What May Lie Ahead
On October 16, 2008 in an editorial for The New York Times, Warren Buffet, considered by many to be one of the greatest investors of his generation, repeated one of his favorite maxims: Be fearful when others are greedy and greedy when...
Read MoreClient Letter - March 5, 2020
Dear Valued Investor: It’s been a tough week. The number of coronavirus cases have continued to increase globally, and new cases have been confirmed in the United States. Countries are making progress with containment, but those...
Read MoreStocks Down in January and February Have Bulls Worried
The hits keep coming, as the Federal Reserve (Fed) did an intra-meeting cut yesterday, causing stocks to sell off hard on concerns the economy is on more fragile footing than most think. Read First Emergency Rate Cut By the Fed Since...
Read MoreProtect Your Assets With a Trust
Contrary to what many people think, trusts are not reserved only for the wealthy. The truth is, people from all walks of life may benefit from a trust. What Is a Trust? Generally speaking, a trust is a legal entity that allows someone...
Read MoreFirst Emergency Rate Cut By the Fed Since 2008
In a move in which the timing was more compelling than the decision itself, the Federal Reserve (Fed) announced this morning that it unanimously decided to cut its policy rate by 50 basis points (0.5%) from the 1.5-1.75% range to the...
Read MoreGauging Potential Economic Impact of Covid-19
The coronavirus outbreak—or Covid-19 —has caused significant market volatility over the past week. Our approach as always is to focus on economic fundamentals first, but the uncertainty around the scope of the outbreak has...
Read MoreCoronavirus Pullback Continues
The global equity weakness continued yesterday, with consecutive 3% drops for the S&P 500 Index for the first time since August 2015. It might be hard to believe, but exactly one week ago today the S&P 500 was making a new all-time...
Read MoreBuying Life Insurance: What Kind and How Much?
Conventional wisdom says that life insurance is sold, not purchased. In other words, some people are reluctant to discuss the importance of owning life insurance, and others are simply unaware of the need to have life insurance....
Read More401k Planning: 5 Questions to Ask
When was the last time you took steps to optimize your 401k? If it's been a while, you're not alone. Research indicates that only one in three Americans utilize employer-sponsored 401k retirement accounts; even those who are...
Read MoreThe Coronavirus Outbreak Is Spreading
News that the coronavirus—known as COVID-19—has spread to South Korea, Italy, Japan, and Iran, has led to massive selling around the globe, with many European markets closing down more than 4%. U.S. stock markets are...
Read MoreA Quick Look at Life Insurance Needs
Have you ever wondered how much life insurance is “enough”? One general rule of thumb says that you should buy an amount equal to five to seven times your annual income. Sure, it may be a reasonable guideline, but this...
Read MoreCloser Look At February
A late month selloff in January saw the S&P 500 Index close marginally lower for the month. But stocks have taken off in February, with the S&P 500 up nearly 4% this month, as US economic data remains strong and fears over the...
Read More10 Ways the Secure Act Will Impact Your Retirement Savings
With the decline of traditional pensions, most of us are now responsible for squirrelling away money for our own retirement. In today's do-it-yourself retirement savings world, we rely largely on 401(k) plans and IRAs. However, there...
Read MoreStrong Jobs Report to Begin 2020
U.S. hiring came in stronger than expected in January, rebounding from a disappointing December print. Nonfarm payrolls rose by 225,000 in January, far surpassing Bloomberg’s consensus estimates for a 165,000 gain, according to...
Read MoreFamily Business—Laying the Groundwork for Potential Success
Is your growing business still a one-person operation? As your company continues to grow and the workload increases, it is easy to find yourself wearing too many hats and not having enough hours in the day to accomplish everything that...
Read MorePlanning for the 2020 Tax Season
2020 doesn't just mark a new year, but the beginning of a new decade—and with it, some more changes to the federal tax code. It can often be easy to put tax preparation on the back burner, but being proactive can help you save...
Read MoreAre Yields Near a Bottom?
The 10-year U.S. Treasury yield moved to within .05% of its recent low on Friday, January 31, approaching the 1.47% mark set back in August 2019 Prospects of stabilizing global growth and progress on trade encouraged yields to start...
Read More9 Facts about Social Security
Tip: How Much? Check your Social Security earnings and see an estimate of your benefits on the website, www.ssa.gov. Social Security’s been a fact of retirement life ever since it was established in 1935. We all think we know how...
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