Personal Fiscal Cliff Protection |
November 26, 2012 |
Income For Life, Retirement Planning, The United States Economy, Your Retirement
As the media outlets have recently been highlighting, Congress is on the hook to work together in forming a plan to keep our country from going over the fiscal cliff… this fiscal cliff is referring to the impact of current laws which could result in sizeable tax increases and spending cuts if left unchanged. An equally important fiscal cliff that has unfortunately not been getting as much publicity is the potential personal fiscal cliff that retirees without a pension plan or any other guaranteed lifetime...
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Survey Results: ‘Anxiety Index’ is Highest among Baby Boomers |
August 11, 2012 |
Retirement Planning, The United States Economy
A recent AARP survey has revealed that baby boomers are most concerned with the following issues: inflation, taxes, the opportunity to eventually retire, financial security during retirement, and the affordability of health care. These five factors are what drives the new polling feature called the “Anxiety Index”. In this survey of 1,852 registered voters found that non-retired 50-64 year olds (baby boomers) scored a 70 percent on the Anxiety Index. This score is much higher than the 59 percent score from 18-49 year olds and...
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A Reflection of our Federal Stimulus |
May 29, 2012 |
Cal Burgess, Member Posts, The United States Economy
Written By: Cal Burgess, Retirement Servicing Group PLLC Prior to 2008 the Federal Government remained diligent upon separation of private business and fiscal policy. All of that changed in September of 2008. The initial federal stimulus of Wall Street was sparked by plummeting Collateralized Debt Obligations (CDOs). Yes, we have all heard the news. However, there is still an inherent misunderstanding of the trillions of dollars of stimulus that followed. After the initial bailout of Wall Street that exceeded $800 billion; the Federal Reserve, led...
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Adaptation to an Evolving Market |
May 25, 2012 |
Cal Burgess, Member Posts, Retirement Planning, The Global Economy, The United States Economy
Written By: Cal Burgess, Retirement Servicing Group PLLC In the latter part of March 2012, despite the growing concerns of a debt-ridden Euro, the Dow Jones Industrial Average was able to creep above the 13,000 mark for the first time in 2012. Even with this market rally, the struggling mortgage industry lowered the 30-year fixed mortgage below 4 percent again (and mortgage interest rates are still falling). With legitimate foreign concerns and a troubled housing sector, the stock market has been able to sustain higher...
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Gen X Might Be Less Prepared Than Their Baby Boomer Parents |
January 25, 2012 |
Annuity Basics, The United States Economy, Your Retirement
Just when we thought the baby boomers had their hands full trying to get prepared for retirement, we might have overlooked another generation who fairs even worse. A recent survey revealed that Generation X might be even worse off than their parents. Moreover, many of them have given up on contributing to their 401k’s and the stock market in general. From Life Health Pro by Elizabeth Festa Nearly two-thirds, or 65%, of the members in Generation X lack confidence that they will have...
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