Paying for college can feel overwhelming, especially as tuition costs continue to rise year after year. The average cost of attendance at a public university for in-state students now exceeds $100,000 for four years in the US, while private colleges can easily surpass $180,000 over the same period.
Many recent client conversations have revolved around the various uncertainties that exist in today’s environment. From anxiety-inducing geopolitical events to wild currency swings to societal disruptions, there is no shortage of items to worry about.
The concept of directing investment funds towards businesses or causes that incorporate a degree of altruism within their ethos has a long history. In 1928, the US Pioneer Fund was launched which provided ‘responsible investors’ an opportunity to exclude alcohol and tobacco companies from their portfolios.
One of the most frequent questions we get as Financial Advisors is, “Should I invest in a Traditional or Roth IRA?” The differences may seem minor, but they can have outsized consequences on your financial future depending on your current expenses, tax bracket, and future earning potential.
As we approach the end of the year, many of us reflect on how we can give back to the causes we care about. Whether it’s supporting local communities, funding education, protecting the environment, or strategically planning to reduce taxes or estate liabilities, giving is one of the most impactful ways to make a difference.
Whether you work with a financial advisor or not, almost everyone will need to consider the concept of estate planning at some point in their lives, and generally, it is better to do so sooner rather than later.
The Standard and Poor’s 500 Index, most commonly known as the S&P 500, is one of the most popular equity market indices in the world and often used to gauge the performance of the overall stock market in the United States.
For some, retirement may seem like a distant concept, while for others, it’s a pressing concern. As a recent Finance and Economics graduate from James Madison University (and a financial planning enthusiast!), I view a 40+ year time horizon as a prime opportunity for strategic financial planning and saving.
The recent news about the market downturn at the beginning of this week has sparked a curious behavior among investors. The urge to sell off assets in a panic is a well-documented phenomenon in behavioral economics, often driven by cognitive biases and emotional responses rather than rational analysis.
“A strong economy in a fragile world.” That is the title of JP Morgan’s Mid-Year Outlook. This sentiment seems to appropriately capture how many Americans (and citizens across the globe) are feeling about markets, the economy, and the state of the world in general.