Social Security is the most significant income stream for most people in retirement. Is it going bankrupt?
Meet Laura Sage, CEO of Chill Anywhere. Chill Anywhere is a mindfulness and meditation tool that provides healthy alternatives for individuals and companies. Read more about Laura's start and mission.
It seems there are multiple news stories about cryptocurrencies every day. It is a favorite topic of conversations with Millennials and Gen Zs as the investment opportunity of a lifetime. Understandably, we frequently get questions from clients about the topic. Here are some current facts and our thoughts about crypto and whether it has a place in a long-term investment portfolio. In addition, we are including an article and video from Dimensional Fund Advisors with more detailed information.
According to Fed Chairman Jerome Powell, the economic outlook is bright. Unless, of course, it isn’t.
There are good things on the table in Washington with regard to retirement planning.
Travel is back. But we still have "reservations" (no pun intended) ! What is the safe way to travel, where should we go and what is going on with rental cars?!!!!
Thanks to technology the world is changing quickly. Technology allows us to do more, faster and often better. However, our infrastructure* has not kept up. Life continues to get more difficult for those with fewer resources. According to Pew Research Center, nearly than 3 in 10 young people are neither employed or in school.
The Biden Administration is proposing to pay for the American Jobs Plan with the Made in America Tax Plan. This includes increasing corporate tax, closing tax loopholes, and making our American companies more accountable. Is this a new source of a tax revenue for the US? Not really.
As you can see from the chart above, taxes for corporations have trended downward for the past 70ish years. Government spending has not supported investment in infrastructure for a very long time. We can see it in our roads and bridges, transportation systems, and technology.
*Infrastructure is defined by Oxford Dictionary as “the basic physical and organizational structures and facilities (e.g. buildings, roads, power supplies) needed for the operation of a society or enterprise. Infrastructure investment, as defined above, is just one component of the proposed American Jobs Plan. For purposes of the Plan the term infrastructure is used more broadly to encompass economic, technological and social structures. Read more
In-er-tia, a tendency to do nothing or remain unchanged. (The Oxford Dictionary)
“There is no time like the present.”
“Just do it”
“Never put off til tomorrow, what you can do today”
Procrastination, the bane of our existence. Yes, there are more serious things to worry about, but your financial health is pretty important. In our chairs we see a great deal of financial/investor inertia.
What causes financial inertia?
In January we wrote about tax-advantaged ways to save money. This month we are sharing other ways to save. In particular, implementing financial actions that can have an even greater impact on a secure financial future. Great companies are known for their execution around process. Strong household balance sheets enjoy the same attention to detail. See how!
2021 is finally here! We all tend to feel like we are starting with a clean slate as we kick off the new year. It feels like a new beginning...
From a financial perspective, it is a great time to take stock of your family’s current savings plan and ask yourself if there is room to save more or if you are missing opportunities to save in a more tax-efficient way. Here are a few of our favorite tips that are often overlooked.
Jenifer Aronson is the Founder of Mosaic Fi.