May04

Retirement Confidence: On the Mend

After dropping to record lows between 2009 and 2013, the percentage of workers confident about having enough money for a comfortable retirement, continues to increase, according to the 2015 Employee Benefit Research Institute Retirement Confidence Survey. 22 percent of Americans are now very confident (up from 13 percent in 2013 and 18 percent in 2014),
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May02

Pay Raises Ahead?

Nearly six years after the official end of the recession, something exciting is about to happen: Americans are likely to FINALLY get a raise! Government data (the Employment Cost Index or “ECI”) showed that compensation in the first quarter increased by 2.6 percent from a year ago, up from the 2.2 percent gain in the
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May01

#217 Are Your Kids Bleeding You Dry?

Our guest – financial planner, author and speaker Jonathan Pond – worries that millions of Boomer generation parents have indulged their children, at their own expense. Jonathan, a pioneer in bringing low-cost, personalized money guidance to Americans, says that some greedy children have become “rapacious consumers of their parents’ money” OUCH! Download the podcast on iTunes Download the podcast on feedburner
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April27

New Reverse Mortgages Rules

The Great Recession and stock market rout eviscerated retirement nest eggs, changing the course of retirement planning for millions of people. And while the value of real estate also plunged, many older Americans owned their homes outright, allowing them to utilize a reverse mortgage to help finance retirement. A reverse mortgage is a loan that
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April25

The Fed’s Six Degrees of Separation

The week ahead is brought to you by the number SIX. The Northeast, home to 20 percent of the U.S. population, suffered its coldest winter on record this year, with an average temperature coming in at six degrees below normal. The unusually cold winter has been the main culprit in explaining why the economy expanded
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April24

#216 Paying for College

May 1 is “college decision day,” the deadline to formally accept an offer of college admission and send in your deposit. It’s also the time when families must make choices about financial aid packages, which is why we spend time outlining some of the strategies necessary to maximize the process. Download the podcast on iTunes
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April19

Stocks Swoon on Chinese Short Selling Rule

While you were enjoying spring and the NHL playoffs (go ISLES!), Chinese regulators decided that the stock market there is getting a bit too frothy. In fact, the main Chinese stock market index has doubled over the past year, which prompted regulators to make it a bit easier to bet against companies by selling short.
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April17

#215 Retirement Planning Week

We celebrated the conclusion of National Retirement Planning Week with guest Anthony LoCascio, a fiduciary advisor with more than three decades of experience in retirement and tax planning. Anthony breaks down retirement for Boomers, Gen-Xers and Millennials. Download the podcast on iTunes Download the podcast on feedburner Download this week’s show (MP3) Speaking of the Millennials (those who
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April13

Home Buying 101: Mistakes to Avoid

After a number of fits and starts over the past 18 months, the housing market is poised to show improvement this spring. The combination of underlying strength in the labor market, affordable mortgage rates and the reduction in FHA borrowing requirements and costs is expected to bring more first time homebuyers into the market. Additionally,
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April13

How Much Money do you Need to Retire?

As we conclude National Retirement Planning Week, it’s time to ask the perennial question: How much do you need to retire? The answer depends on a variety of personal factors, starting with how much you need to float your lifestyle today. Because so many people hate the idea of figuring out what they are spending
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