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Wednesday, May 1, 2024

As part of our comprehensive financial planning approach, we offer to review our client’s property and casualty insurance policies to ensure they have appropriate coverages and deductibles, so we’ve seen firsthand over the past few...

Wednesday, May 1, 2024

Good news for those who are utilizing Wisconsin’s 529 college saving plan, called Edvest, to save for qualified higher education expenses: on March 21st, Governor Evers signed Wisconsin Act 148 into law which increased the Wisconsin...

Tuesday, April 2, 2024

It seems like every day we hear about new and more sophisticated scams in the news, and from family and friends who may have fallen victim. We recently heard from a client who was a victim of spoofing, and she gave us permission to...

Thursday, March 14, 2024

Money market interest rates are higher than they’ve been in many years, largely as a result of the Fed’s campaign to tackle persistent inflation.  While money market mutual funds are not risk free, there’s no...

Friday, February 2, 2024

As we settle into the new year, this is a good time to reflect on where we’ve been and look to the year ahead.  At the beginning of last year, we outlined three economic themes that we thought might have an impact on the...

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Thursday, January 25, 2024

A special Market Hug from Mike Arnow’s retirement office: Dear Clients and Friends,   Is the Market Hug Back?  Maybe once in a while, when there is something special to convey.    It’s fun to open your...

Thursday, December 7, 2023

Contribution limits for many tax-advantaged savings vehicles are indexed for inflation.  With inflation stuck above the Fed’s long-term target for the past year, most contribution limits have increased for 2024: Workplace...

Monday, November 20, 2023

How Did We Get Here? Eighteen months ago, investment grade bond funds were yielding less than 2% whereas recently they have been yielding closer to 6%.  The dramatic jump in rates is largely the result of the U.S. Federal...

Friday, October 27, 2023

The short answer: probably not! Balances in Health Savings Accounts (HSA) have grown considerably since their introduction 20 years ago.  HSA consultant Devenir reported assets of over $100 billion in HSAs at the end of 2022...

Monday, October 2, 2023

Investors waiting for the magic 2% may miss the boat Inflation matters in many ways, but seemingly the most important factor for markets today is the force behind the Federal Reserve’s actions.  The Fed’s primary tool...

Thursday, August 24, 2023

It is estimated that only about one-third of adults have an estate document such as a will in place.  If you’re not in the one-third, you should be.  A will is an instrument of power and by creating a will, we are...

Thursday, July 27, 2023

Off to an Interesting Start One of the most anticipated recessions in U.S. history has yet to materialize despite developing geopolitical risks, a banking crisis (remember that?) and the Federal Reserve (Fed) continuing to raise rates....

Wednesday, June 28, 2023

For many, retirement is a time to enjoy the fruits of one's labor and pursue long-held dreams. However, it is crucial to be prepared for the financial challenges which may arise, particularly concerning healthcare expenses. As people...

Wednesday, May 24, 2023

Part 3: Do you need insurance for these less common risks?We all know that we need insurance for our home and vehicles and oftentimes on the lives of ourselves and our loved ones.  But these days, there are insurance products for...

Wednesday, May 3, 2023

Part 2: Beware of coverage gaps for your young adult children  With college expenses and cost of living on the rise, it’s not uncommon for young adult children to remain on their parent’s insurance policies well into...

Wednesday, April 19, 2023

Part 1: Uninsured and Underinsured Motorist Coverage The New York Times recently described the act of Spring cleaning as an “annual rite of purification and renewal.”  Of course, in an earlier era when homes were heated...

Friday, March 17, 2023

What happened?Silicon Valley Bank (“SVB”) is a bank known for primarily serving businesses in the tech sector, with ties to private equity and venture capital, rather than consumers. As is typical for banks, SVB...

Friday, February 24, 2023

Tax season is now in full swing which, unfortunately, means fraudsters and scammers are in full swing as well.  There were nearly 7.8 million reports of suspicious tax-related activities in 2022.  This coincides with an...

Tuesday, February 7, 2023

The Debt Ceiling Distraction:  A Manufactured Crisis The United States Congress first established a limit on government borrowing in 1917 to finance the country's involvement in World War I. Since 1960, the debt ceiling...

Monday, January 9, 2023

The “Setting Every Community Up for Retirement Enhancement Act”, commonly known as the SECURE Act, was signed into law in December 2019, and brought the biggest changes to the retirement planning landscape in decades. ...

Friday, January 6, 2023

2023 Economic Themes We don’t yet know whether 2022 will be seen as a great inflection point in the unfolding global economic narrative, but it certainly feels like a big reset for many markets.  We’re sure 2022...

Tuesday, December 13, 2022

Even before the pandemic, more and more of us were doing our holiday shopping online.  In the years since the onset of “social distancing,” online shopping (for more than just holiday gifts) has become more popular...

Wednesday, November 30, 2022

The U.S. Department of Health and Human Services estimates that 70% of people over age 65 may need extended care services at some point in their lives.  But what is extended care and how can you and your family prepare for the...

Friday, October 28, 2022

A positive start to a new earnings season and late-week hopes for a near-term easing in Fed rate hikes lifted investors’ spirits and powered stocks to gains for the week.The Dow Jones Industrial Average jumped 4.89%, while the...

Tuesday, October 18, 2022

What has upswings and downturns, troughs, peaks, and plateaus? Though such terms could easily describe a roller coaster ride, they are also commonly used to describe the business cycle.The business cycle – also known as the...

Tuesday, October 11, 2022

A powerful two-day stock rebound cemented a positive week for investors as a new trading month began.The Dow Jones Industrial Average rose 1.99%, while the Standard & Poor’s 500 added 1.51%. The Nasdaq Composite index increased 0...

Thursday, October 6, 2022

Wall Street is always searching for a hero to embrace or a villain to blame. And right now, Fed Chair Jerome Powell is the villain.After the September Fed meeting, Powell said interest rates may be heading higher for longer than...

Wednesday, October 5, 2022

New retirees sometimes worry that they are spending too much, too soon. Should they scale back? Are they at risk of outliving their money? This concern may be legitimate. Some households "live it up" and spend more than they anticipate...

Tuesday, October 4, 2022

The White House recently forgave up to $10,000 to student loan borrowers as part of a larger debt forgiveness program. There are still quite a few questions to be answered, but here are some key points to know.Pell vs. non-Pell: Loan...

Saturday, October 1, 2022

We’re entering a tricky time of year: September and October have a reputation for bringing an extra measure of market volatility.Some of the stock market’s most challenging events have hit in September and October, and...