Archive - 2020

1
Women Face Challenges in Saving for Retirement
2
After the Taxes are Completed
3
What’s Going on in the Markets – March 8, 2020
4
The Pink Tax Affects Women’s Financial Planning
5
Market Volatility Déjà Vu

Women Face Challenges in Saving for Retirement

You may have heard the advice about the importance of saving for retirement and you may know just how important it is  to save and still not be able to really put aside money for retirement as you would like. MarketWatch published an opinion piece that asks: “Why is it still so hard for women to save for retirement?“ The article discussed that Millennials have not been observed to be great savers, didn’t mention Generation X, and had this to say about Baby Boomers: “The largest inequality with income and savings is among working baby boomers who… Read More

After the Taxes are Completed

When the tax returns are completed for the year, don’t just put them in the file drawer and forget about them.  Use the data provided to make some good decisions about 2020 withholding and saving patterns.

This is a good time for you to review a recent paystub from 2020.  With tax return results in hand, you can estimate whether you need to adjust your W-4 to change federal withholding, either reducing large refunds or withholding a bit more each pay period to better cover 2020 taxation. Your CPA can assist with this evaluation.

Lastly, refer to your paystub to …

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What’s Going on in the Markets – March 8, 2020

On Monday, March 9, the market celebrates its 11th anniversary of this long bull market with the bull appearing quite tired, coughing and wheezing into that milestone. Yes, believe it or not, we are still in a bull market.

Despite the wild swings in the markets last week, the major indexes managed to close positive on the week for a change. Unfortunately, it was a somewhat hollow victory given that the worries over the Coronavirus have not subsided and an oil price war was started on Friday (read more below).

Volatility in the major indexes continued last week following the …

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The Pink Tax Affects Women’s Financial Planning

March is Women’s History Month and part of finding ways to help women find financial stability and use their resources wisely is recognizing the systemic biases that can get in the way of an individual woman’s financial planning. One of these things is the pink tax. If you didn’t know the pink tax is a collective term for when women are charged more than men for goods and services. Sometimes these goods and services are made and marketed specifically towards women and sometimes they are not. And since we know that often women earn less than men for the
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Market Volatility Déjà Vu

By Eve Kaplan, CFP® Every time markets go haywire, it’s worth remembering that volatility is the “the price of admission” to hold something (usually stocks) that outpace inflation and deliver good returns over the long-term. The key point here is delivering good returns over the l-o-n-g   t-e-r-m. Do investors know when stocks are going to correct? Usually not? Do they know how much they’ll correct? Definitely not. Is it worth trying to “time” markets by selling when you anticipate a coming correction, and trying to buy back when you think stocks have “bottomed”? Again, definitely not. The same goes for… Read More

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