Tag Archives: Retirement

The financial world is filled with industry jargon and lingo. To help you understand common terms, we’ve assembled a quick guide for your reference. From life insurance to annuities, use this glossary to understand the financial language in your life. Abeyance: When the owner of a property or title has not been declared. With insurance, […]

Weekly Update – January 8, 2018 The first week of 2018 is behind us, and across the globe, stocks experienced a strong start to the year. International stocks in the MSCI EAFE gained 2.44% last week. In the U.S., our major indexes also leapt forward, hitting a number of records and milestones. Domestic Index Performance […]

As the holiday season progresses, the markets continue to impress. Last week, many energy, financial, and industrial sector stocks helped drive performance. Hitting record highs yet again, the S&P gained 0.35%, and the Dow jumped 0.40% for the week. Meanwhile, the NASDAQ fell slightly by 0.11%, and the MSCI EAFE rose 0.08%. Solid labor market […]

Weekly Update – November 13, 2017 After posting gains every week since September, U.S. stocks declined by market’s close on Friday. The S&P 500 and Dow ended their longest stretch of weekly increases since 2013, and the NASDAQ ended its own 6-week streak. By November 10, the S&P 500 declined 0.21%, the Dow was down […]

Weekly Update – November 6, 2017 Once again, the markets ended the week in positive territory — and all 3 major domestic indexes hit new record highs. The S&P 500 added 0.26%, and the Dow was up 0.45%, with both indexes notching their 8th straight week of growth. The NASDAQ was up for the 6th […]

Weekly Update – October 23, 2017 Last week, all 3 major U.S. markets hit record highs once again. The Dow added 2.00% to notch both intraday and closing records, the S&P 500 rose 0.86%, and the NASDAQ gained 0.35%. International stocks in the MSCI EAFE dipped by 0.32% for the week. On Thursday evening, the […]

Weekly Market Update: October 9, 2017 This Monday, October 9, marks the 10-year anniversary of the S&P 500’s highest point before the Great Recession. While the ensuing decade has provided quite a rocky road for the markets at times, the recovery is undeniable. The S&P 500 is now double its peak 10 years ago. In […]

Bullies aren’t just on the playground or online. Money bullies are often lurking close to home — a family member, friend, even you. Since October is Bullying Awareness Month, financial advisor Tony Drake, CFP® talks with Milwaukee’s WTMJ-4 about the most common money bullies and how to handle them. 1. The Expert – This money […]

Weekly Market Update – September 25, 2017 Domestic indexes were mixed last week, as the Dow gained 0.36%, the S&P 500 eked out a 0.08% increase, and the NASDAQ lost 0.33%. International stocks in the MSCI EAFE added a solid 0.68%. Three stories that have dominated conversations and driven investor attention in 2017 continued last […]

Home loans often make up significant amounts of household debt, and reducing as much debt as possible before entering retirement can seem like a promising idea. But, as with many other financial questions, there is no precise answer; it all depends. The Consumer Financial Protection Bureau estimates that 30% of homeowners 65 and older—about 6.5 […]