Rates Jump, Markets Fall

John Boardman

Weekly Update

Last week provided market drama not seen in some time.  Although US markets were up on Friday, all domestic indices were down significantly for the week.  Whenever we experience such a week, we find it valuable to objectively review the root causes.  In every market environment, there is typically more than one factor at play.  … Continued

College Savings Vehicles

Cameron Hamilton

Atheneum

So often in life and in financial planning, perfect can be the enemy of good.  This is certainly the case when it comes to saving for college.  There are many ways to go about it, but the most important choice is the choice to begin saving.  Nonetheless, we often meet parents of five- and ten-year-old … Continued

Some Perspective on Federal Funds Rate Hikes

Frank Yozwiak

Weekly Update

In the last week of September, the Federal Reserve raised its federal funds target range for the third time in 2018.  The target range was increased by a quarter point to 2.00% – 2.25%, the highest since April 2008.  Raising the rate is an indication of the Fed’s confidence in a strong economy.  The Fed … Continued

Retirement Saving Myths and Misconceptions

John Boardman

Atheneum

We are fortunate to have a very educated and knowledgeable client base, but we are consistently surprised by the myths and misconceptions clients and prospects bring to the conversation. Below I have listed my Top 7 Myths and Misconceptions About Retirement Savings; it is by no means a complete list but highlights the most common … Continued

What Have We Learned From Lehman Brothers?

Brian Burton

Weekly Update

This past Saturday marked the 10th anniversary of the Lehman Brothers collapse, one of the biggest bankruptcies in U.S. history.  Lehman was America’s fourth-largest investment bank at the time and the fallout from its failure shook financial markets to their core.  The consequences of being over-leveraged, coupled with a fixation on the high returns of … Continued

Budgeting During Retirement

Andy Reynolds

Weekly Update

For most retirees, retirement introduces many new methods of thinking to their life.  This would obviously include the following, “What am I going to do with my extra time?  How am I going to stay engaged?  Where am I going to travel?”  Retirement may introduce new opportunities to give back to others through volunteer work … Continued

Don’t Be an April Fool: Plan for Taxes Now

Cameron Hamilton

Weekly Update

Tax reform was a hot topic early in the year as we learned of changes and began to theorize new strategies.  To date, the IRS has only released draft forms for 2018 and there are whispers of Tax Reform 2.0 in midterm election campaigns; there could be more changes to come.  Nonetheless, we believe now … Continued

Balancing Saving and Giving

John Boardman

Atheneum

Most of our clients aspire to be financially self-sufficient.  As those clients age, we notice some amount of transition into wanting to benefit others with accumulated resources.  This giving can range from donations to charities of interest to paying for a grandchild’s education to helping a friend in need.  We have been fortunate since the … Continued

The Cost of a Spent Dollar – What Could an Investment Have Become Through the Years

Frank Yozwiak

Atheneum

As we discuss retirement savings, one aspect that is worthy of consideration is the weighing of alternatives.  Hindsight is always 20/20, but let’s consider the cost of a spent dollar throughout the years.  Essentially, if you had $X in a given year, what is something that you could have purchased during that year compared to … Continued

Personalized Use of Health Savings Accounts

Cameron Hamilton

Weekly Update

We are becoming more convinced with each passing year and each interaction that the behavioral side of financial planning is just as important as the hard numbers.  We have the best results in pursuing impactful, long-term solutions when we can personalize our advice to a family’s specific needs.  One example of this is how we’ve … Continued