401(k) Action Steps To Take Now In Order To Take Charge of Your Financial Life

Research shows the average American employee switches jobs 11 times before retiring. Job changes mean many Americans have old 401(k) plans that may not be allocated properly to help to prepare them for retirement. Every time you change jobs, you need to make some choices about what to do with your old 401(k) so that [...]

March 29th, 2017|

How Elections May Affect the U.S. Economy

The 2016 presidential election has been a roller coaster unlike any in recent memory. Amidst the drama, you might be wondering how the outcome will affect the economy and your financial future. You’re not alone. In a recent Bankrate poll, 61% of Americans said they think the election is the greatest threat to our economy [...]

October 20th, 2016|

How much do you need to retire?

Retirement Planning – Have you taken the steps to plan for retirement (and I don’t mean just contributing to your 401k)?  In other words, are you on-track to retire when you want?  And will you have enough money to make it through retirement?  You’d be surprised at how many people don’t really know the answers [...]

November 3rd, 2014|

August Market Commentary – Kansas City Financial Planner

When the Dow drops 300+ points in a day as it did to end the month, it’s not uncommon to experience some anxiety. However, the recent sell-off still hasn’t qualified as even a 5% correction; and while we continue to monitor the evolving conflicts overseas (Ukraine, Iraq, Israel, etc.), the most recent economic reports continue [...]

August 12th, 2014|

Weekly Market Recap – November 22, 2013

U.S. equity markets have paired the losses they sustained earlier in the week, as data showed weekly jobless claims fell to their lowest level since September and optimism flowed from ongoing fiscal negotiations in Washington. The S&P 500 ended the week above 1,800 points and the Dow average has climbed above 16,000 for the first [...]

November 22nd, 2013|

Don’t Overspend This Holiday Season! Here’s How…

I took my two-year old daughter, Lexi, to Trader Joe's yesterday to buy two turkeys. Over the past couple years I’ve picked up the hobby of smoking meat, so I’m going to try smoking a turkey for the first time, and just in case something goes wrong, I'm going to fry the other one.  If [...]

November 21st, 2013|

Yikes: Private College Tuition for 2013 Babies

Did you have a baby this year? We did! Check out these staggering numbers: A child born in 2013 that begins kindergarten in the fall of 2018 would attend college between the years of 2031 and 2035.  If that child attended an average private 4-year college and if the annual price increases for private colleges [...]

November 19th, 2013|

October Market Commentary

The 3rd quarter ended with the global markets – both equities and fixed income – experiencing gains. The news has been dominated lately by the government shutdown and debt ceiling headlines. Even though the political jabs, finger pointing and the like make for good theater, the chart below, at least, tells us what will happen [...]

October 16th, 2013|

Market Commentary: Fed Stimulus Coming to an End?

With the rising stock market, we are seeing rising interest rates as the 10-year US Treasury note has moved from 1.64% in the beginning of May, to 2.15% at the end of May. It is important to keep the inverse relationship between the value of bonds and interest rates in mind. This means that as [...]

June 12th, 2013|

Market Correction and Childbirth… You’re in Good Hands

Now that my wife is almost nine months pregnant (due May 23rd) with our third daughter, we’ve been reminiscing about the last time we were at the hospital for the birth of our second daughter, Alexis.  Some of you may remember that day, too, because you were likely watching one of the cable news stations [...]

April 17th, 2013|