This article on savings during retirement is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA Winter is coming up on the calendar, just like it does every year. The squirrels will be gathering their nuts and the Snow Birds will be heading south. In New England, some winters are harsher than… Continue Reading: Winter Is Coming
Save Money & Taxes in Retirement Continue Reading: 6 Easy Retirement Distribution Steps to Save Money & Taxes
This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA. Everyone ‘knows’ and is constantly talking about the next Recession, if we are not already in it already. What is a Recession? The textbook definition of a Recession is when the Gross Domestic Product (GDP) contracts for two straight quarters.… Continue Reading: 6 Easy Ways to Navigate a Recession
This retirement article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA. Ah, retirement, it appears to be on a lot of folks minds. No wonder. There are 10,000 people A DAY turning 65 in the U.S. Repeat, A DAY. 1) That’s a ton of people finally putting out and heading… Continue Reading: 4 Easy Steps to Retirement
This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA. The Pandemic No question. It would be easier to describe what the Pandemic has not changed rather than what it has changed. The answer is…not much. You name it, and the Pandemic has changed it. Business…Work-From-Home (WFH) model. Education…I do… Continue Reading: The Roaring Twenties 2.0 – Revisited!
This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA 1) College is Expensive Financing a college education today can be a big challenge. Having written some checks for college I find it handy to have a cold six pack close by. According to the College Board, the average tuition… Continue Reading: 5 Reasons to Fund a 529 College Savings Plan
This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA Investors can easily get distracted these days. Hop in the car on the way to work, turn on the radio and get updates on the stock market futures. Check your online portfolio at work during your lunch break. Perhaps you… Continue Reading: 4 Things Every Investor Can Control
The Federal Open Market Committee (“FOMC”) raised the Federal Funds Target Rate by .25% from .50% to .75%. The Federal Funds Target Rate is the interest rate charged to financial institutions for the trading they do with each other overnight. The last time they had raised rates was in December 2015 when the Fed had… Continue Reading: Why The Fed Got Off its Assets and Raised Interest Rate
The New Normal was a term to describe the financial conditions after The Great Recession of 2008-2009 by Mohamed El-Erian, currently the chief economic advisor at Allianz. The concept of the New Normal is that the economy would remain sluggish and take many years to recover. The Old Normal The Old Normal for many… Continue Reading: The New Normal
Equity markets suffered their worst week since 2011 for the week ending August 21, with the Dow Jones Industrial Average down more than 1,000 points and the S&P 500 down 5.7%. Put into the context of the bull market of the past six years, a pullback can be seen as normal activity for a market that… Continue Reading: Market Volatility Spikes Amid Global Economic Concerns