Weekly Economic Update 2/27/2017

Economic Update

A LITTLE LESS OPTIMISM AMONG CONSUMERS February’s final University of Michigan consumer sentiment index came in at 96.3, down from its January mark of 98.5, but well above the 91.7 reading of a year earlier. Despite the descent, the index just had its best three months since early 2004.1      FED MINUTES SUGGEST RATE MOVE … Read more

The Many Benefits of a Roth IRA

RothIRA

Why do so many people choose it rather than a traditional IRA? The Roth IRA changed the whole retirement savings perspective. Since its introduction, it has become a fixture in many retirement planning strategies.   The key argument for “going Roth” can be summed up in a sentence: Paying taxes on retirement contributions today is better … Read more

Little Things That May Help Your Retirement Saving

Retirement savings

Over time, these seemingly small factors could make a major difference. Saving for retirement takes decades and demands the investment of significant amounts of your income. As this major effort unfolds, you should recognize that some subtle factors and seemingly minor decisions could end up making a sizable and positive impact on your financial future.      … Read more

Weekly Economic Update 2/20/2017

RETAIL SALES ROSE 0.4% in JANUARY Consumer spending on household electronics and appliances powered this gain. Analysts polled by Reuters had expected a 0.1% advance. Core retail purchases also rose 0.4% last month. The Department of Commerce revised the December increase for retail sales upward to 1.0%. Across the 12 months ending in January, retail … Read more

Retirement Insights February 2017

Retirement Insights February 2017

MONTHLY NEWS AND INFORMATION FOR CURRENT AND FUTURE RETIREES Retiring with an Age Difference If you are 10 or 15 years older than your spouse or partner, to what degree should that age gap influence your retirement planning? You will want to consider this question, for it may affect many aspects of your financial future … Read more