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

Finding the Best Order for Funding Retirement

Brian Burton

Atheneum

With a task as important as funding your retirement, determining which accounts to fund and in what order should not be taken lightly.  Whether it’s a company plan, individual retirement account or taxable account, there are a lot of ways to save for retirement.  So how do you decide where to put each dollar you … Continued

Opportunistic Cash Flow Planning

John Boardman

Weekly Update

I recently came across a study by the Boston College Center for Retirement Research referencing the fact that the average empty nester increases his or her savings rate by only .3 to .7 percent when their kids leave home.[1]  That may not sound surprising as many people have put off desired purchases; that European vacation, … Continued

Determining a Retirement Savings Rate

Andy Reynolds

Atheneum

As we meet with new families each year we continually hear the same two questions: 1) are we making good decisions with the money we earn and 2) are we saving enough for retirement?  These questions are typical whether a person is 35 years old or 55 years old.  According to the Federal Reserve Bank … Continued

Testing the Challenges of a Long Retirement

John Boardman

Atheneum

We often joke that our job was created because of increasing life expectancies and pensions seldom being offered.  Obviously, finance and investing has become more complicated and there are an ever-increasing number of investment vehicles and planning strategies we help our clients choose between.  We also know there is great value placed in our ability … Continued

Changes in the Dow Represent Changes in the U.S. Economy

Brian Burton

Weekly Update

It became official last week, the last remaining original member of the Dow Jones Industrial Average was booted from the index.  General Electric Co. was one of twelve original members of the DJIA when it was formed in 1896 and had been a member continuously since 1907.  The one-time industrial powerhouse was replaced by Illinois-based … Continued

Conversational Commerce – AI for Shopping

Andy Reynolds

Weekly Update

Over the past several years, technology has revolutionized the shopping experience.  Many are quick to acknowledge the ever-growing shift from brick and mortar stores to online commerce.  But few realize just how much artificial intelligence goes into attracting the consumer to a potential sale.  We have recently been following a trend referred to as a … Continued

The Hidden Benefits of Saving Early in Life

Brian Burton

Atheneum

We’re all aware that saving for retirement is not a strong suit for many Americans.  There is no end to the alarming statistics regarding our lack of preparedness for when it’s finally time to call it a day.  The most recent head-scratcher I came across was a survey done by J.P. Morgan Asset Management and … Continued

Endowments & the Endow Kentucky Tax Credit Program

Frank Yozwiak

Weekly Update

Boston and Philadelphia, 1790 – Benjamin Franklin, a Founding Father of the United States, got the idea to create an endowment for his native city of Boston, and his adopted home, Philadelphia.  In a codicil to his Will, Franklin left 1,000 pounds (roughly $4,400 at the time) to each endowment, on the condition that each … Continued