You may have heard of the 4% rule as it pertains to retirement. It goes like this: If you begin retirement withdrawing 4% of your savings and adjust each following year’s withdrawals for inflation, your money should last 30 years. It may be the most...
“Ticking away the moments that make up a dull day You fritter and waste the hours in an offhand way Kicking around on a piece of ground in your home town Waiting for someone or something to show you the way” Pink Floyd, “Time” The concept of the finite...
The markets are settling down now as price data for January, mostly in, shows that fears of rapid inflation were largely overblown. Price increases, both at the consumer level and the producer level show, while rising, are not so out of control to warrant the two...
We are pleased to introduce you to Ryan Smith, who joins our Beacon family as a talented Wealth Advisor. Ryan brings 12 years' experience as a wealth advisor, practicing most recently with a local firm and earlier in his hometown of Boston, Massachusetts. Growing up on the...
In the past two trading days the S&P 500 is down 6.1%, nearly two-thirds the way toward what is widely regarded as a market correction - a 10% drop. Good news of job gains and pay raises have set investors' eyes on what the Fed might do...
Ask most 50-year olds if they think they've saved enough for retirement and you will usually get a quick and emphatic - No Way! Their reasons are always the same - there just wasn't enough left over to save. The individual reasons run the gamut from educating...
The stock market continues to party higher and higher with no signs of stopping, or for that matter, any real weakness. As it rises, some consider increasing their exposure to stocks, particularly some big names Amazon, Apple, Alphabet (Google) Facebook, while others consider decreasing their...
We're still digging out of our snow here in Raleigh, and in a way I imagine many parents and kids will feel Monday is a bit like the first day of school all over again. When everything shuts down so completely it's hard not to...
Gone with the new tax law are most of the deductions we traditionally used to lower our tax bills. With only three primary survivors; charitable giving, primary residence mortgage interest, and state and local taxes, it is estimated that almost 90% of taxpayers will fall...
It's said that the ancient Babylonians began the storied tradition of the New Year's Resolution some 4,000 years ago. Admittedly, their resolutions were essentially promises made to their gods in hopes to garner favor in the upcoming year should they keep the promises, so maybe you're not...
