Accommodating Longevity Risk in Your Financial Plan
In today’s Marietta Daily Journal, Bil Lako, CFP® explains how longevity risk can be managed with asset allocation. Read the Article
In today’s Marietta Daily Journal, Bil Lako, CFP® explains how longevity risk can be managed with asset allocation. Read the Article
Just finished your business’s books for 2015? You have up to the due date of your business tax return to establish a SEP. Learn more in this week’s Business Tip.
Not coordinating your life insurance policy’s ownership & beneficiary designations, may nullify its purpose. Read more in this week’s Insurance Tip.
Does the federal funds rate affect your borrowing rate? You may be surprised. We explain in this week’s Financial Tip.
Our experts discuss a case study about incorporating the risk of longevity into your comprehensive financial plan.
The markets began the week on a down note as Healthcare stocks traded lower despite the step up by Financial stocks. West Texas Intermediate crude oil settled at $40.36 a barrel, which led to Energy stocks ramping up on Tuesday alongside a continued upswing in crude oil. Indices closed in positive territory on Wednesday on a variety of economic news. The Producer Price Index slipped 0.1% in March, while core goods prices rose 0.1% for the second straight month. Retail sales dipped 0.3% in March. Discounting cars, sales jumped 0.2%. Additionally, the Federal Reserve’s Beige Book, which covered economic activity from mid-February through March, showed a modest to moderate rate of expansion in the majority of districts. Indices closed slightly mixed on Thursday. The Dow and S&P 500 added fractional gains, while the NASDAQ ended the session marginally in the red. Bank stocks in the Financials sector led advancers while Technology stocks retreated. Indices closed Friday’s session in red territory with stocks this time retreating on a variety of economic news. West Texas Intermediate crude lost its weekly gains to settle at $40.36 a barrel, where it began the week. In a preliminary measure, the University of Michigan Consumer Sentiment Survey showed a 1.3 point dip to 89.7 for April, versus expectations of an uptick to 91.8.
Investors who have annuity contracts with capital gains are in a sweet spot to take advantage of a 1035 exchange. We explain in today’s Marietta Daily Journal. Read the Article
The penalty for not having health insurance is the GREATER of two calculation methods. Learn more in this week’s Insurance Tip.
It’s in your best interest to make arrangements to pay the IRS what you owe—even if you cannot afford it. We explain in this week’s special Tax Tip.
An extension will move your tax filing date to Oct. 17, 2016, but it does not extend your time to pay! We explain in this Tax Tip.