Beyond the June Swoon June 24, 2022 Weekly Update Andrew Busa, bear market, federal reserve, inflation, Jeff DeMaso, recession, roth conversions, stock market, Weekly Update Wall Street’s bears retreated to their dens this holiday-shortened week, with the S&P 500 index advancing 6.4% in just four days through today's close. That’s a reassuring if not-yet-resilient turnaround after last week’s 5.8% decline. Despite the reversal, June’s been a tough month. With four trading days left , the S&P has … Read Morekeyboard_arrow_right
Stocks Are Low on Gas, But Bonds Are Back June 13, 2022 Weekly Update Andrew Busa, federal reserve, inflation, RMDs, stock market, Weekly Update Please note: This update was prepared on Friday, June 10, 2022, prior to the market’s close. Inflation knocked a brief stock market rally on its heels this week. Friday’s report that food and energy prices drove the consumer price index (CPI) to a four-decade high of 8.6% in May, baffling the consensus … Read Morekeyboard_arrow_right
RMDs and the 10-Year Rule: An IRS Curveball June 13, 2022 Estate Planning 10-year rule, Andrew Busa, IRA, IRS, RMDs This week’s reader question: Can you shed some light on the IRS’ confusing new rule for IRA inheritance? You’re not the only one caught looking after the IRS threw its latest curveball. Their recent guidance was a surprise, and we’ve seen conflicting interpretations in the news and on social media. … Read Morekeyboard_arrow_right
Stocks Are Low on Gas, But Bonds Are Back June 10, 2022 Weekly Update Andrew Busa, federal reserve, inflation, RMDs, stock market, Weekly Update Inflation knocked a brief stock market rally on its heels this week. Friday’s report that food and energy prices drove the consumer price index (CPI) to a four-decade high of 8.6% in May, baffling the consensus that thought inflation would begin to wane, was all Wall Street needed to lean on the … Read Morekeyboard_arrow_right
Beating Inflation in Retirement March 21, 2022 Financial Planning Andrew Busa, inflation, Retirement, Weekly Question This week’s reader question: How can I build inflation into my retirement budget? Andrew Busa, Manager of Financial Planning, had this to say: Fortune may favor the brave, as they say, but we also believe it disproportionately rewards the prepared. So it goes with managing … Read Morekeyboard_arrow_right
Is the 4% Retirement Spending Rule Obsolete? December 13, 2021 Financial Planning 4% Rule, Andrew Busa, Retirement, Retirement Spending This week’s reader question is about retirement spending: Is the classic 4% rule still valid and how should I factor inflation into my retirement spending budget? Maybe, and yes. This ubiquitous retirement spending maxim, the “4% rule,” came into vogue in the 1990s. The financial planner who created it, William Bengen, examined historical … Read Morekeyboard_arrow_right