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...
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...
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...
In this month’s recap: Stocks dropped during the month as investors worried about stalled fiscal stimulus talks in Washington, the upcoming election, and new coronavirus cases in Europe. Monthly Economic Update Presented by Arland Kelly, October 2020 U.S. Markets Stocks dropped in September as investors worried about stalled fiscal stimulus talks in Washington, the upcoming election, and new coronavirus cases in Europe. The Dow Jones Industrial Average, which lagged this year slipped 2.28 percent. The...
Conquering Retirement Challenges for Women Looking ahead can help you conquer these unique obstacles. Provided by Arland Kelly When it comes to retirement, some women face obstacles that can make saving for retirement a challenge. Women typically earn less than their male counterparts and often take time out of the workforce to care for children or other family members. Added to the fact that women typically live longer than men, retirement money for women may...
Monthly News and Information for Current and Future Retirees Presented by Arland Kelly - September 2020 QUOTE OF THE MONTH “Elegance is not about being noticed. It's about being remembered.” GIORGIO ARMANI COULD YOU RETIRE AT 55? Suppose you suddenly had to, or the opportunity presented itself. This prospect would not call for disregarding your carefully considered retirement strategy, but it would create some challenges. Social Security, Medicare, and popular retirement accounts were all created...
In this month’s recap: Stocks prices surged in August as investors cheered positive news of a potential COVID-19 treatment and welcomed a month-long succession of upbeat economic data. Monthly Economic Update Presented by Arland Kelly, September 2020 U.S. Markets Stock prices surged in August as investors cheered positive news of a potential COVID-19 treatment and welcomed a month-long succession of upbeat economic data. The Dow Jones Industrial Average rose 7.57 percent, the Standard & Poor’s...
