Having just returned from a trip to South America that included visits to Machu Picchu, the Straights of Magellan, Cape Horn, Ushuaia, Argentina, and Rio De Janeiro, my wife and I though about how lucky we were to visit such exotic locales. In addition to the cultural exposure, we felt that we have a deeper […]
Free money: In 2011 payroll taxes are going down b y 2%, so increase your contribution into your 401k plan by 2%!
NEW YORK (CNNMoney.com) — With the Senate’s passage Wednesday of Tax Hike Prevention Act of 2010, it now goes to the House for consideration and a vote. The bill contains a bevy of tax breaks — new and extended — and emergency help for the jobless. Its cost over 10 years is estimated at $858 […]
The Financial Planning Association of Massachusetts regularly host educational meetings for Certified Financial Planners. Recently, I attended a session that discussed the issues surrounding financial planning in divorce. Presented by Jeffrey H. Rattiner, CPA, CFP®, MBA, RFC, the information was valuable, enlightening, and a bit depressing. I hope you never need the advice, but I […]
It’s that time of year when those clients who qualify for Medicare need to analyze the best choices for their Supplement Plan. While one of our favorite “go-to” plans, First Freedom, will no longer be available, we have done thorough research into what we believe will be the best options in 2011. The plans we highlight are […]
Quantitative Easing II: Watching for Unintended Consequences By: James Solloway, CFA, Managing Director, Senior Portfolio Manager The Federal Reserve (Fed) announced a second round of quantitative easing (QE), aiming to buy $600 billion of U.S. government-issued bonds over the next eight months. The majority of the purchases are in the middle of the […]
October 28, 2010 Dear Clients and Friends of Compass, Last week at SEI’s corporate headquarters in Oaks PA, I heard Bill Miller, the Chairman and Chief Investment Officer of Legg Mason Capital Management (Legg Mason) present an optimistic market outlook (which I share) for the remainder of the year into 2011. I attended this adviser […]
Each quarter, our strategic partner, SEI, presents an analysis of market condition. This video includes investor-friendly language, and is broken down into three sections: What’s Happening in the Markets, Impact on SEI Strategies and What We’re Doing. View the video by clicking here.
Comparing Recessions: U.S. “Great Recession” vs. Japanese “Lost Decade” A spate of economic data during the summer months once again raised concerns that the U.S. economy is facing a “lost decade” like the one Japan experienced from 1991-2001, when Japanese economic growth practically flatlined in spite of extremely low interest rates. While we see […]
By Robert Weisman, Globe Staff | September 28, 2010 Harvard Pilgrim Health Care has notified customers that it will drop its Medicare Advantage health insurance program at the end of the year, forcing 22,000 senior citizens in Massachusetts, New Hampshire, and Maine to seek alternative supplemental coverage. The decision by Wellesley-based Harvard Pilgrim, the state’s […]
Ordinarily, it’s pretty quiet on Wall Street this time of the year, as many investment professionals take the opportunity to spend their summer vacations in the Hamptons. But this isn’t an ordinary year. Houses in the Hamptons can be rented by the month instead of by the season, and many of those houses are […]
We get lots of inquiries about the best way to treat Social Security Retirement beneifits in the retirement planning process. The following will help provide some insight into important aspects of this benefit: Doing the Math on Social Security July 15, 2010 How are your Social Security benefits figured? This question comes up a lot. […]
Where have we been, and where are we headed? The following Outlook and Positioning presentation highlights issues such as: Causes of the second quarter’s market disarray Positives in the economic outlook Developments to watch in the short and long term SEI explains their reaction to current economic conditions here.
This is not the time of year when everyone wants to stay indoors with their finances. But a midyear review of your tax situation, retirement and spending issues can be far more valuable than the rushed attempt most people make at the end of the year — or when it’s too late at tax time. […]
Recent research from the Financial Planning Association® (FPA®) shows that planners are embracing annuity products to help a more conservative generation of clients protect assets and reach their retirement goals. Apparently the White House is getting in on the annuity bandwagon as well.
Estate planning is an essential part of anyone’s personal finances — no matter how wealthy you are. But even for those who have been diligent about planning for their spouses and heirs, this is a year when it may make particular sense to re-examine your strategy.
You may have read that term life insurance rates are at historic lows and that now is the time to buy. It’s worth a quick primer on why life insurance is necessary and who should buy it before getting to specific amounts that individuals should own.
Sovereign debt troubles continue to persist in Greece and other parts of peripheral Europe, resulting in volatile global markets and heighted anxiety.
From a market perspective, the month of May had more than its fair share of challenges.