In this month’s recap: As the month came to a close, stocks were mixed as attention shifted to unprecedented activity around a handful of companies with short-interest positions. Monthly Economic Update Presented by Arland Kelly, February 2021 U.S. Markets Stocks were mixed in January, giving up much of the month’s gains in the final days of trading, as unprecedented activity in a handful of companies roiled markets. The Dow Jones Industrial Average dropped 2.04 percent...
Join us here every week where we will be answering one of our most frequently asked questions. Click the Link Below to Schedule a FREE 15-Minute Phone Appointment! Click Here
Join us here every week where we will be answering one of our most frequently asked questions. Click the Link Below to Schedule a FREE 15-Minute Phone Appointment! Click Here
In this month’s recap: Stocks closed the year with a solid rally, fueled by the rollout of multiple COVID-19 vaccines and the signing of a new fiscal relief bill. Monthly Economic Update Presented by Arland Kelly, January 2021 U.S. Markets A tumultuous year ended on a positive note as stocks rose in December, spurred by the rollout of multiple COVID-19 vaccines and the signing of a new fiscal relief bill. The Dow Jones Industrial Average...
Join us here every week where we will be answering one of our most frequently asked questions. Click the Link Below to Schedule a FREE 15-Minute Phone Appointment! Click Here
Join us here every week where we will be answering one of our most frequently asked questions. Click the Link Below to Schedule a FREE 15-Minute Phone Appointment! Click Here
In this month’s recap: Stock prices powered higher and energized investors thanks to a month-long succession of positive news events. Monthly Economic Update Presented by Arland Kelly, December 2020 U.S. Markets Stock prices powered higher and emboldened investors in November thanks to a series of positive news events. The Dow Jones Industrial Average, which has lagged much of the year, led the rally, jumping 11.84 percent. The Standard & Poor’s 500 Index tacked on 10.75...
Monthly News and Information for Current and Future Retirees Presented by Arland Kelly - December 2020 QUOTE OF THE MONTH “If you don't like the road you're walking, start paving another one.” DOLLY PARTON THIS YEAR, THERE IS MORE INCENTIVE TO GIVE When the Coronavirus Aid, Relief, and Economic Security (CARES) Act became law in March, it broadened charitable tax deduction opportunities. These special 2020 tax provisions are worth reviewing before they expire on December...
Arland Kelly |
Monthly News and Information for Current and Future Retirees Presented by Arland Kelly - NOVEMBER 2020 QUOTE OF THE MONTH “In a time of drastic change, it is the learners who inherit the future.” ERIC HOFFER MOST AMERICANS THINK THEY WILL WORK IN RETIREMENT A life of leisure? That may not be what retirement looks like for baby boomers and Gen Xers—and in fact, it may not be what they want their retirements to look...
In this month’s recap: Inaction on a second American fiscal stimulus bill and a rise in global COVID-19 cases put pressure on stock prices in October. Monthly Economic Update Presented by Arland Kelly, November 2020 U.S. Markets Inaction on a second American fiscal stimulus bill and a rise in global COVID-19 cases put pressure on stock prices in October. The Dow Jones Industrial Average, which has lagged much of the year, dropped 4.61 percent. The...
The Social Security Administration Announces 2021 COLA What you should know about the most recent cost-of-living adjustment. Provided by Arland Kelly On October 13, 2020, the Social Security Administration (SSA) officially announced that Social Security recipients will receive a 1.3 percent cost-of-living adjustment (COLA) for 2021. This adjustment will begin with benefits payable to more than 64 million Social Security beneficiaries in January 2021. Additionally, increased payments to more than 8 million Supplemental Security Income...
Arland Kelly |
Monthly News and Information for Current and Future Retirees Presented by Arland Kelly - OCTOBER 2020 QUOTE OF THE MONTH “Somewhere there's a score being kept, so you have an obligation to live life as well as you can, and be as engaged as you can.” BILL MURRAY ARE CAR OR TRUCK COSTS BLOCKING THE ROAD TO RETIREMENT? On a purely logical level, investing tens of thousands of dollars toward retirement may make more sense...