Current Economic Conditions

Employment On the 4 th of December, the Labor Department reported that 221,000 private sector jobs were created in the month of November, and 228,000 payrolls in all. The unemployment rate declined to 4.1%. The unemployment rate in November was the lowest measured in...

Thoughts on Volatility in 2019

Thoughts On The Outlook For 2019 David R. Guttery, RFC, RFS, CAM Volatility never really goes away.  Indeed, the 15 months between November of 2016 and February of last year were unique in that volatility was largely absent, but over time, such is a constant of the...

Economic Update: 2018 Fourth Quarter

Employment The most closely watched of all economic indicators, the employment situation is a set of monthly labor market indicators based on two separate reports: the establishment survey which tracks 650,000 worksites and offers the nonfarm payroll and average...

Maximize Your 401(k) Plan Benefits At Work

Maximize Your 401(k) Plan Benefits At Work According to industry sources, almost 46% of adults responded to surveys by admitting they either did not contribute to an employer’s retirement plan, or contributed very little into such plans.  Only 16% of the respondents...

Responding To Market Volatility

Responding To Market Volatility It seems that after a relatively quiet and positive 2017, that 2018 has seen the resurgence of volatility.  Remember that markets are discounting mechanisms.  This means that assumptions about the future are priced into current values. ...

When A Life Changing Catastrophe Strikes

When A Life Changing Catastrophe Strikes Death, sickness, disability, and other happen.  They just do.  Often times, situations such as these appear suddenly.  An unforeseen diagnosis, or a disability caused by an accident, or death, can be devastating to otherwise...

The Durability of Retirement Income is Critical

The Durability of Retirement Income is Critical The term durable, as it pertains to retirement income, implies that you can’t outlive the income, and neither can the market take away, or erode the income.  Examples of durable income would include Social Security, or...

Shun Myths and Negative Sensationalism About Annuities

Shun Myths and Negative Sensationalism About Annuities   I’ve written about “tools” in previous articles.  June happens to be “annuity awareness month” in our industry, so I thought I would cast a spotlight on them within this article.  Annuities are simply tools...

Long Term Care Planning and Insurance is Critical

Long Term Care Planning and Insurance is Critical Needs of long term care can fall upon anyone, not just those nearing or transitioning into retirement.  Some of these statistics may be surprising.  In the State of Alabama, the average cost of a nursing home private...