Tips for Transitioning Out of a High-Powered Leadership Role and Into the Next Phase
By Kathy Longo, CFP®, CAP®, CDFA
Wednesday, 29 January 2020
Retirement can be a difficult transition for anyone, but it can pose an even greater challenge for those leaving high-powered leadership roles. Since their positions are so incredibly demanding, CEOs often don’t have the time or focus to plan their next move. Also, since the average age of retirement for a CEO is just 62, that leaves quite a few years to plan for. CEOs also frequently define themselves by their work, which can make retirement feel like a loss rather than a milestone to celebrate.
Learn More About the Sweeping Legislation Designed to Fight America’s Retirement Savings Crisis
By Kathy Longo, CFP®, CAP®, CDFA
Monday, 20 January 2020
In May 2019, the U.S. House of Representatives passed the Setting Every Community Up for Retirement Enhancement Act, commonly called the SECURE Act. Designed to help tackle our country’s growing retirement savings crisis, the far-reaching legislation spent months tied up in the Senate. On December 19, 2019, it passed the Senate with a 71 to 23 majority.
Let’s take a look at a few standout provisions of the legislation and discuss what they could mean for you.
Planning Together Ensures You’ll Understand One Another’s Expectations
By Kathy Longo, CFP®, CAP®, CDFA
Wednesday, 15 January 2020
Nearing retirement is an exciting time. It’s a culmination of your many years of hard work and smart financial decision-making, and many people find it to be an incredibly meaningful and rewarding phase of life. You likely have a host of retirement dreams – everything from where you’ll live to how you’ll spend your days and with whom – but do you know if your spouse has different expectations?
By Jay Pluimer, AIF® CIMA®
Wednesday, 15 January 2020
Investors of all varieties received a generous Holiday gift from the markets in 2019 as almost all markets generated positive returns. US Stocks led the pack once again as the S&P 500 Index earned 31.5%. It was an interesting year where Bonds also performed well, which isn’t always the case. Key drivers of performance in 2019 included support from the Federal Reserve which reversed course by cutting interest rates to support growth in the US along with moderate earnings growth and easing Trade War tensions. The Trade War between the US and China is on a path to resolution, calming a significant theme of uncertainty. International Stocks also performed well, up 21.5%, with optimism that a calmer foreign trade environment should be helpful for foreign companies plus what appears to be a Brexit resolution. Finally, the positive economic and investment landscape led to the first US decade without a recession as we turn the clock forward into the 2020s.
By Jay Pluimer, AIF® CIMA®
Tuesday, 15 October 2019
A variety of economic and political themes led to mixed stock market returns in the third quarter while bonds fared well. The most significant global issue continues to be the Trade War between the US and China which is estimated to detract over $700 Billion from the global economy in 2019. A direct result of the Trade War, combined with a still-evolving Brexit, has led to significantly slower growth in Europe including a large volume of negative interest rate bonds (meaning the investor is actually paying extra for the opportunity to buy a bond instead of receiving interest payments).
