When is Debt Good and Bad?

Brian Burton

Atheneum

Although it’s not always obvious, most debts can be defined as either positive or negative for your overall financial situation Not all debt is bad – when used properly it can actually be a catalyst for building wealth If a new debt does not have the potential to improve your long-term financial picture, waiting until … Continued

Jobs Numbers Show Swift Damage, Rapid Recovery, and Job Market Damage

John Boardman

Weekly Update

Rightfully, last week’s jobs numbers were celebrated.  It was, in fact, the best four months of job gains since data was tracked in 1939, adding over 11 million jobs since the May 2020 report.  These results brought the “headline” unemployment rate down to 7.9%.  No doubt, these figures are titled as progress but, as is … Continued

Planning for “Fixed” Income During Retirement

Andy Reynolds

Atheneum

Fixed income during retirement can help provide stability to a retirement income structure, with less dependence on the stock market. Just as there are risks to a market-based investment portfolio, a fixed income retirement strategy has positives and negatives. Fixed income structures must be analyzed across the life expectancy of the individual/couple. While some may … Continued

The Fed Says Lower for Longer

Cameron Hamilton

Weekly Update

The Fed will be more tolerant of inflation in hopes of maximizing employment The Fed will continue aggressive asset purchases and low rate targets The Fed believes that additional Federal stimulus is necessary for recovery Rates will not be increased until 2023!  This was the takeaway headline we heard repeated ad nauseum last week in … Continued

Planning for RMDs

John Boardman

Atheneum

The vast majority of people save the bulk of their retirement funds in qualified retirement accounts (401ks, 403bs, etc.) and IRAs.  Through regular saving and long-term growth of the investments inside these accounts, a typical account holder hopes to develop some type of an income stream during their retirement years.  According to the US Census … Continued