Does the pandemic have you re-considering your retirement timeline? Before you make any decisions, let’s meet and evaluate your options.
FORBES.COM
68 Million Americans Are Changing Their Retirement Plans
My posts have been dormant for awhile, as I suspect we're all under information overload leading up to the election. But I thought this big-picture article from AARP about life choices that affect retirement was worth the detour from politics.
AARP.ORG
6 Financial Decisions That Could Impact Your Retirement
I care deeply about higher education, with particular interest in the Georgia Tech community. Thanks to GT Professor Janet Murray for this thoughtful essay on the importance of keeping politics out of higher-ed policy.
INSIDEHIGHERED.COM
College officials bringing students back to campus are like the Challenger engineers building a rocket to fit political considerations (opinion)
Many people are asking how to prepare their portfolio for the election. My short answer is generally that the market is already looking well beyond November. For those seeking a longer answer, Invesco offers this careful review of how much politics affects the markets. (Spoiler alert: not much!)
INVESCO.COM
www.invesco.com
If you took your 2020 required minimum distribution (RMD) before the requirement was waived for this year, you have an opportunity to roll the RMD back into your IRA. Act quickly: the window closes August 31.
FORBES.COM
IRS Grants Broad And Surprising Rollover Relief To All Who Took 2020 RMDs From IRAs & 401(k)s
There may be money-saving opportunities for college students this fall.
"If you can prove your family is suffering from COVID, which is considered a natural disaster, you may be eligible for more aid."
USNEWS.COM
Smart Money Moves for College Students This Fall
Continuing on the theme of financial education -- for "kids of all ages". Brush up on the universal truths.
1. Needs vs wants...
CNBC.COM
5 crucial financial lessons for kids of all ages
Shameless self-promotion: I've been named a Five Star Wealth Manager for a ninth year. I'm so proud to represent this profession.
FIVESTARPROFESSIONAL.COM
Meet Five Star Wealth Manager Margaret Graff, an award-winning wealth manager in Atlanta, GA.
I still remember my dad coming home on payday and showing me the passbook that showed the $2 deposit that he had made into my savings account. Apparently the lesson stuck.
TIME.COM
Why Parents Should Start Small When Teaching Their Kids About Saving
Austin and Allie are getting married today! Congratulations and all our best wishes as you set out on your new journey.
I'm having a lot of discussions with clients about donating to their donor-advised funds (DAFs) to cover next year's charitable donations. The market is relatively high, so this may be a good time to proceed. DAFs are powerful tools for philanthropic planning and tax planning. Contact me if you'd like to learn more.
Social Security numbers have been published for 2021.
AARP.ORG
Biggest Social Security Changes That Start Jan. 1
Social Security is a major component of most Americans' retirement planning. How will your own retirement plan hold up if benefits are reduced? This timely article provides some sobering insights.
NYTIMES.COM
Social Security Seemed Like a Future Problem. The Virus Changed That.
How's your self-awareness? Here is a dynamite exercise to find out. Do it before your next job interview.
(Thanks to Dan Pink for sharing great content.)
FASTCOMPANY.COM
What GM’s Mary Barra asks in job interviews
We won't know until January if we have a divided Congress. Russell Investments offers their take on how gridlock might affect the economy.
RUSSELLINVESTMENTS.COM
How U.S. Election Results Could Impact Economy | Russell Investments
The Community Foundation for Greater Atlanta has been inspiring and guiding local philanthropy for almost 70 years. Here they share tips for tax-wise giving. Great stuff, Alison!
CFGREATERATLANTA.ORG
Tax changes and year-end giving | CFGA
How is your retirement shaping up? This article will tell you where you stand relative to your cohort. You definitely want to be above average here. The numbers are pretty scary if viewed through the lens of the 4% rule, a ballpark limit of the amount you can withdraw from an appropriately diversified portfolio during retirement.
MARKETWATCH.COM
Here are the average retirement savings by age: Is it enough?
If you were born in 1960 and are planning to begin Social Security at age 62, you want to (1) read this article and (2) rethink your plan. For others, the article provides a refresher on how Social Security benefits are calculated.
AARP.ORG
Turning 60? Your Social Security Benefits May Take a Hit
Take care to tune in to subtle changes in your parents, your friends, and even yourself.
CNN.COM
Missing credit card payments may be an early sign of dementia, study says
December -- let the prognostications begin! But first let's review the historical perspective.
MARKETWATCH.COM
Here are your odds that stock prices will be higher at the end of 2021
I finally took the plunge and purchased Love Actually. This capital investment ($9.99) will pay off in less than three years ($3.99/year rental). What's your holiday movie indulgence?
EN.WIKIPEDIA.ORG
Love Actually - Wikipedia
I'm excited to announce the addition of Grant Chandler to our financial planning practice. Grant brings 20 years' experience and a lot of firepower to the practice: he is a CFP Practitioner (the gold standard in our business) and also has a BFA (Behavioral Financial Advisor) designation (focusing on how investors tick). He's looking forward to meeting you and your friends.
AMERIPRISEADVISORS.COM
Grant Chandler - Financial Advisor in Atlanta, GA | Ameriprise Financial
Markets have reached record highs amid the pandemic, economic dynamics and a leadership transition in Washington. Watch experts discuss the economy, stock valuations, fiscal stimulus and corporate profits.
https://www.ameriprise.com/financial-news-research?CID=GS_115262_1514842
AMERIPRISE.COM
Research & Insights | Ameriprise Financial
ESG (environmental, social, and governance) considerations are no longer confined to niche investing: the BlackRock juggernaut is placing the issues front and center. How does your portfolio score on sustainability?
NPR.ORG
World's Largest Asset Manager Puts Climate At The Center Of Its Investment Strategy
The minimalist movement often has pearls of wisdom to help people who are running on the consumerism treadmill. The COVID era is an excellent time to break the debt cycle.
BECOMINGMINIMALIST.COM
8 Characteristics of People Who Are Successful At Getting Out Of Debt
Midlife is typically a financially stressful period, and Gen Xers (the current sandwich generation) are feeling the pain. My team can help you work towards a more confident financial future – no matter what generation you fall in.
FORBES.COM
Why Gen Xers Are Way More Worried About Money Than Boomers
Thanks, Business Insider, for letting me know that females are most attractive to males at age 23. For my part, I'm building up to the peak of psychological well-being that occurs at age 82. See what milestones you've got to look forward to.
BUSINESSINSIDER.COM
Here are the ages you peak at everything throughout life
While kids can learn many beneficial financial lessons from their parents, they can also absorb negative ones. Consider these common family money mistakes and how to avoid them. Great list.
HUFFPOST.COM
12 Money Mistakes You're Teaching Your Kids
A lot of clients are asking whether the market's lofty levels can be sustained. Market corrections are frequent and normal.
AM.JPMORGAN.COM
Is a market correction coming? | J.P. Morgan Asset Management
What's creepier than a hacker monitoring your activity? How about a hacker watching you through your camera? If you're not already using a VPN, this weekend would be a great time to start.
DIGITALTRENDS.COM
How to Tell If Your Webcam Has Been Hacked | Digital Trends
People are often pleasantly surprised to find that much of their retirement income is excluded from state income tax.
AARP.ORG
States That Won’t Tax Your Retirement Distributions
I know many of my clients will live to age 100. I just don't know which ones. The LivingTo100 calculator is a great financial planning tool that helps us decide how far to project financial plans.
LIVINGTO100.COM
Living To 100 Life Expectancy Calculator
Are robots coming for your job? Some great insights to share with a young person you love.
NPR.ORG
The Age Of Automation Is Now: Here's How To 'Futureproof' Yourself
Under the American Rescue Plan Act, Americans with children under 18 may start receiving a portion of the $3,000 child tax credit as early as this summer.
CNBC.COM
Here's who qualifies for the new $3,000 child tax credit
Spain is embarking on a radical experiment: Shortening the work week to four days in some companies. Potential benefits include higher productivity, greater well-being, and many more. France's drop to a 32-hour work week didn't work out entirely as planned. This will be interesting to watch.
https://www.positive.news/economics/10-arguments-shorter-working-week/
