2021 Private Wealth Perspectives Newsletters

To gain insight into the current policies and practices of the Federal Reserve (the Fed), we first need to look back into recent history and review the series of events that led us to where we are today. As a backdrop to the entire story, it is critical to understand that former Fed Chairman Ben Bernanke was a lifelong student of the Great Depression.

GOOD NEWS! Starting in 2022 IRA and retirement plans required minimum distributions (RMD) will be somewhat smaller. Why might you ask? Because the population’s life expectancy is getting longer, the IRS released new life expectancy tables that will be used starting with the 2022 RMDs.

This is the question you should be asking your financial advisor(s). If the answer you receive is singularly focused on investment returns, keep reading. Studies have shown comprehensive advice can add 2.00% to 7.00% in monetary value annually and some advice is essentially priceless!

This is the question you should be asking your financial advisor(s). If the answer you receive is singularly focused on investment returns, keep reading. Studies have shown comprehensive advice can add 2.00% to 7.00% in monetary value annually and some advice is essentially priceless!

I’ve been doing investments for over forty years now, and it has always amazed me how market observers will focus on and repeat words or phrases until we all get tired of hearing them. Today’s hot words are transitory, temporary, tapering, tightening, and the phrase “talking about talking about”.

What do you feel when you hear the word retirement — joy or panic? Your reaction may depend on several factors such as how close you are to retirement, how well you’ve prepared and what you plan on doing during retirement.

October 21, 2015 - that’s the date Doc Brown set to travel forward in time at the end of the movie “Back to the Future”. If you are old enough to remember 1985, you likely watched it on the big screen and heard Doc Brown’s excitement as he said “I always dreamed of seeing the future”.

Every day in the financial media, we are inundated with numbers and statistics; “The market was up 1.2% today”, “The S&P hit an all-time high”, “The market had it worst 11 day period ever”, “The market had its best 3 day run in the last 40 years”….