Why Open Enrollment Season Is a Natural Moment to Revisit Your 401(k)

Open enrollment often concentrates attention on health coverage, payroll elections, and the employer’s overall benefits package.

Recent Blog Posts

Weekly Market Recap Week Ended April 7

Personal Investor

April 10, 2023

With the start of earnings season just around the corner, the major U.S. stock indexes didn’t make any big daily movements during a holiday-shortened trading week that concluded on Thursday, prior to Friday's monthly jobs report. The S&P 500 slipped 0.1%, the NASDAQ fell 1.1%, and the Dow added 0.6%.

Financial planning is an essential aspect of life at any age, and it becomes imperative as we approach our 40s.

Planning

April 7, 2023

At this stage of life, many people are in the prime of their careers and may have acquired significant assets. Here are some critical steps to consider when developing a financial plan for your 40s:

What are you saving for? Whatever it is, we can help keep you on track.

Savings

April 6, 2023

Saving money has several advantages, including: 1. Financial Security: Saving money provides a financial cushion for emergencies, unexpected expenses, or changes in income. It can help you avoid high-interest debt, such as credit card debt, and provide a sense of financial security.

When looking for a financial advisor, it's essential to consider several factors.

Personal Investor

April 4, 2023

Qualifications and Credentials: Check if the advisor has relevant certifications, such as a Certified Financial Planner (CFP) or a Chartered Financial Analyst (CFA). This shows that they have met specific standards of education and experience.

Weekly Market Recap Week Ended March 31, 2023

Personal Investor

April 3, 2023

Three in a row: The S&P 500 and the NASDAQ added more than 3%, climbing for the third consecutive week and recovering more of the ground lost in a difficult February. The Dow also gained more than 3%, rising for the second week in a row.

Retirement can be a challenging time for many people, and retirees face several potential risks.

Retirement

April 3, 2023

Here are some of the key risks:1. Inflation Risk: Inflation is the increase in the cost of goods and services over time, and it can erode the purchasing power of retirees' savings. This means that retirees may need to withdraw more money from their retirement accounts to maintain their standard of living, which can be a challenge if their savings are insufficient.