Questions You Were Afraid To Ask In March, I broke down some of the most common terms associated with bonds and what they mean. But there was one term I left unexplained – and often, it’s the one you hear the most about in the media. I’m referring to a bond’s yield. So, without…
On May 1, the Secretary of the Treasury informed Congress that the U.S. could default on its debt by June 1 if legislators do not raise the nation’s debt ceiling.1 Here we go again! This announcement was not a surprise. The U.S. officially hit the debt ceiling in January but were able to…
Happy Mother’s Day! A few weeks ago, I was thinking about what sort of flowers to get my wife. I started researching the deeper significance behind many types of flowers. Doing so really made me think about my own mother and all the things she means to me. So, in honor of the holiday,…
IF You Plan Ahead As we start getting into summer, I’ve had several friends tell me about their vacation plans. Listening to them talk, it’s clear they’ve put a lot of thought and effort into planning for their trips. That got me thinking: what if people put as much time into planning their retirement…
No one thought much about it when President Ronald Reagan began to make changes to Social Security in 1983. How old were you? Maybe in your 20’s or 30’s? We were all interested in other things at that point in our lives. Today, April 20, is the 40th anniversary of the 1983 Social Security…
This is the Stealth Tax I’ve written about before. We did a search and very sadly I’ve written about this six times over the last 30 months. Sorry it seems to be a broken record! Here’s my previous writings: 12/10/2020 The Stealth Tax 5/13/2021 They’re Coming For You – We Are Broke! 9/23/2021 Only…
For Your Lifestyle Planning Folder Planning for retirement is not just about finances; it’s about planning for your overall well-being, which should involve thinking about your health and personal needs. I understand that no one wants to think about the possibility of needing long-term care. Oftentimes it is something that is put off and…
With Colorado Springs elections right around the corner I thought it would be a good time to share some information about the Financial State of Colorado Springs. Every year Truth in Accounting produces a report and reviews the 75 largest cities in the United States from an accounting perspective. It currently shows that…
If only we could get Spring to come. Pike’s Peak just got covered up again! Either way, it’s a good time to begin thinking about some financial spring cleaning. Anything we can help with? Give us a call. #2ndHalfWealth 1-05278717 11/30/2023
SVB Update For most of us, the words “bank failure” immediately trigger the same recent memory: the financial crisis of 2008. That was a year no investor could ever forget. The year some of the largest, most storied financial institutions in the world — think Lehman Brothers, Bear Stearns, and others — collapsed, never…