Our Thoughts & Insight -
FERS and CSRS Pensioners receive a 1.6 % COLA for 2020. No one is applauding.
Based on the Social Securities recent press release*, it’s anticipated that FERS and CSRS retirees will only receive a 1.6% raise on their pensions for 2020. While that was less than the 2.8% COLA from 2019, it’s still one of the larger ‘raises’ in the past decade....
Attention Financial Advisers: We are hiring!
So… you started you financial planning career and things aren’t going as well as you had hoped? Believe me, we’ve been there. The financial services industry is notorious for promising effective training, sales/marketing support and mentorship but few...
Will There Be A Recession? The simple answer is probably.
Historically, the American economy has grown in fits and starts, otherwise known as recessions and expansions. As a result, it is likely there will be another recession in the United States. What are recessions? When gross domestic product (GDP), which is the value of...
Relying on Luck. The #1 thing retirees should be worried about but aren’t.
Relying on luck? What do you mean? Well, if you like most retirees, you may only be one down market away from losing years off of your retirement income. Financial advisors like to call this phenomenon Sequence of Returns I know what you’re saying…” Sequence of Returns? That’s it? Sounds harmless to me.” But trust me, it’s real and it’s one of the single biggest reason you might run out of money