According to Social Security Administration (SSA) statistics, Social Security benefits account for about 36 percent of retirement income for the average American. One of the biggest mistakes today's retirees can make is to …
How a Few Key Players Boosted Performance This Week
Markets rallied last week, lead by a surge in tech stocks that brought the NASDAQ and S&P 500 to new record closes. For the week, the S&P 500 gained 1.75%, the Dow grew 1.42%, and the NASDAQ added 3.25%.[1] After weeks of …
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Earnings Season Is Still Young: Here Are The Facts
Events in China and Europe triggered a modest worldwide sell-off last week, and lackluster corporate earnings in the U.S. contributed to market doldrums. For the week, the S&P 500 fell 0.99%, while the Dow and the NASDAQ both lost …
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Fresh Data Suggestions: EconomyStill On Track
Stocks ended the second week of the new quarter on a high note, giving the Dow its first close over 18,000 for the month. Investors took confidence from some major corporate deals as well as fresh data that suggests the economy is …
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Stocks End Q1 Flat
After a volatile winter, stocks ended the quarter about where they started. Oil prices, a strong dollar, and concerns about interest rates contributed to the volatility and uncertainty remains as we enter the second quarter. For …
March Letter of the Month
Questions About RMDs? Here's What You Need To Know The rules around Required Minimum Distributions (RMDs) can be confusing and the penalties for failing to take the correct distribution can be severe. For that reason, we've …
Stocks Retreat Ahead of Earnings
Markets lost ground again last week, giving up most of the previous week's gains as investors tread water ahead of earnings season. For the week, the S&P 500 lost 2.23%, the Dow fell 2.29%, and the NASDAQ dropped 2.69%.[1] Though …
What Will the Fed Do Gradually?
Markets finally snapped their three-week losing streak and rebounded as investors bought the dip and rallied after a Fed meeting. For the week, the S&P 500 gained 2.66%, the Dow rose 2.13%, and the NASDAQ added 3.17%.[1] The …