5 Ways to Survive Social Distancing
President Trump and health officials have told Americans to practice “social distancing” in the wake of the coronavirus pandemic. The purpose is to stop or slow down the spread of the disease, which is known to be very contagious. Trump has urged Americans to avoid unnecessary travel and to limit gatherings to fewer than ten…
Read MoreWhat Is a Bear Market and How Long Does It Last?
During this period of volatility, many are asking where the economy is headed. As the coronavirus affects the U.S. financially and socially in a way previously unseen, lawmakers are acting to boost the economy, and analysts are predicting what’s to come. We’ve officially entered a bear market, and the Federal Reserve has responded. So, what…
Read MoreWho Does Coronavirus Put Most At-Risk?
As coronavirus spreads across the U.S., public health officials are issuing more warnings. Some schools have shut down, and more companies are having employees work from home. While the coronavirus is quite contagious and can be serious, it’s important to know who should be most concerned. While much is still unknown about the virus, it…
Read MoreDo’s and Don’ts in a Volatile Market
If the state of the market has caused you to worry, you’re probably not alone. The coronavirus and falling oil prices have caused many to panic. In times of uncertainty, it can be easy to make knee-jerk decisions and forget about the long-term. However, consider these do’s and don’ts in a volatile market. Don’t withdraw…
Read More3 Ways the Coronavirus Could Affect Your Travel Plans
There are more cases of coronavirus reported in the U.S. every day, and the disease is spreading more rapidly around the world. Keep in mind that there are some places where the Center for Disease Control (CDC) warns against traveling to or recommends taking extra precautions when visiting. If you’re planning a trip, know these…
Read MoreLow Interest Rates, Market Volatility, and Your Retirement
Planning for retirement is never a “set it and forget it” activity. There are unexpected disasters, market drops, and changing laws that invariably cause retirees to reevaluate their plans of action. Recently, market volatility and the Federal Reserve’s decision to cut interest rates may have you wondering how to respond. Here’s what to consider when…
Read More3 Easy Ways to Develop New Habits
We’ve all heard the saying “old dogs can’t learn new tricks,” but is it true? Maybe it is for dogs, but not for people. You can always learn new habits, no matter what age you are. It starts with understanding how the brain works and building on success. You can go from seeing an action…
Read MoreRetirement Planning in a Volatile Market
The recent market volatility surrounding the coronavirus may have you concerned, especially if you’re approaching or already in retirement. Feelings of uncertainty, anxiety, and uneasiness are all common during any scary and volatile market. These feelings are normal and sometimes it can be beneficial to take a step back and look at the big picture. We can’t predict…
Read MoreShould You Pay Taxes Now or Later?
No one can fully escape taxes, but you do have some say in when you pay them. Different types of retirement income are taxed at different times. Orchestrating these sources in retirement can take some work, as the rules for each differ. Under the umbrella of tax-advantaged income sources, there are those that require taxes…
Read MoreForget the Bucket List And Make a Chuck-It List
Successful people are ambitious and disciplined: They set big goals, and focus on achieving them over the course of a long career or a lifetime. Many people also have high-flying goals for their personal life– run a marathon, hike Mt. Everest, etc. And, they retirees assume that they’ll cross off many of them off their…
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