RSSCategory: Articles

Jul

11

What Are Catch-Up Contributions Really Worth?

What degree of difference could they make for you in retirement? At a certain age, you are allowed to boost your yearly retirement account contributions. For example, you can direct an extra $1,000 per year into a Roth or traditional IRA starting in the year you turn 50.1 Your initial reaction to that may be: […]

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Jul

4

Why the Brexit Should Not Rattle Investors

Wall Street has rebounded so many times, so quickly. The Brexit vote was a disruption for Wall Street, not a new normal. Yes, it could mean a “new normal” for the European Union – but the European Union is not Wall Street. Stateside, investors respond to domestic economic and geopolitical indicators as much as foreign […]

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Jun

27

FAQ on Brexit & the Markets


What was “Brexit” and why did it happen? Brexit (short for “British Exit”) was the nickname given to the movement to persuade the British government to pull Britain out of the European Union (EU). A nationwide referendum — only the third in modern history in Britain — took place on June 23, 2016, and by […]

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Jun

20

South Jordan City resident asks, “How Can Millennials Can Get Off to a Good Financial Start?”

Doing the right things at the right time may leave you wealthier later. What can you do to start building wealth before age 35? You know time is your friend and that the earlier you begin saving and investing for the future, the better your financial prospects may become. So what steps should you take? […]

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Jun

13

Sandy City Resident asks, “How Can You Make Your Retirement Money Last?”

These spending and investing precepts may encourage its longevity. All retirees want their money to last a lifetime. There is no guarantee it will, but, in pursuit of that goal, households may want to adopt a couple of spending and investing precepts. One precept: observing the 4% rule. This classic retirement planning principle works as […]

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Jun

6

Draper City resident asks, “Why Are We Saving More and Spending Less?”

Have our memories of the Great Recession altered our habits? Consumer spending accounts for more than two-thirds of economic activity in the United States. Lately, that spending has moderated. Across the 12 months ending in March, personal spending advanced 3.4%. That matched the gain seen in 2015.1,2 Is a 3.4% annualized gain in personal spending […]

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May

23

How Millennials Can Get a Good Start on Retirement Planning

Some simple steps may make a major financial difference over time. If you are younger than 35, saving for retirement may not feel like a priority. After all, retirement may be 30 years away; if your employer does not sponsor a retirement plan, there may be less incentive for you to start. Even so, you […]

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May

16

Sandy City resident asks, “When Should I Tell My Beneficiaries About My Accounts and Policies?”

Let them know how they will receive retirement assets and insurance benefits. Will your heirs receive a fair share of your wealth? Will your invested assets go where you want them to when you die? If you have a proper will or estate plan in place, you will likely answer “yes” to both of those […]

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May

9

Draper City Resident comment, “I’m Retire, But My Spouse Still Works”

That development may mean lifestyle as well as financial adjustments. Your significant other may retire later than you do. Sometimes that reality reflects an age difference, other times one person wants to keep working for income or health coverage reasons. If you retire years before your spouse or partner does, you may want to consider […]

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May

2

South Jordan City resident asks, “Should I Downsize for Retirement?”

Some retirees save a great deal of money by doing so; others do not. You want to retire, and you own a large home that is nearly or fully paid off. The kids are gone, but the upkeep costs haven’t fallen. Should you retire and keep your home? Or sell your home and retire? Maybe […]

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