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1/6/2014 Too much of a good thing?While the conventional conversation around retirement savings is "better to be safe than sorry", this article from Fortune brings a interesting second perspective to the story. "Retirement is, by and large, the most expensive purchase of anyone's lifetime," he says. "For people who think they need $1 million but find they only need $800,000, it is a big difference." Check out the story and maybe review your current financial plan to see if you are perhaps saving too much.
1/4/2014 Happy New Year! 2013 is in the books now and we are all preparing to make the best of 2014. A brief look back at the stock market over the last 12 months shows some pretty impressive numbers, with the S&P 500 up ~ 26% and the Dow Jones Industrial Average up over 23%. Meanwhile, the generally anticipated rise in interest rates did start, but these levels still appear well below long term averages:
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AuthorDavid R Wattenbarger, president of DRW Financial Archives
January 2021
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