Money Advice

When a guarantee isn't guaranteed

Posted by The Simply Money Advisors Team on Jun 6, 2018 3:56:02 PM

The word “guarantee” comes with a heavy burden. When you make a guarantee, or someone makes one to you, it’s expected. It’s promised. It’s considered a “lock.” Not surprisingly, not many things in life are guaranteed – guarantees are tough to actually follow through on.

Read More

Topics: Social Security

Tricks for paying off your mortgage early

Posted by The Simply Money Advisors Team on May 30, 2018 2:59:20 PM

Wouldn’t it be nice to not have to worry about your mortgage payment? Wouldn’t it free up a lot of extra cash for other expenses?

Read More

Topics: Financial Planning

Inflation and interest rates still low, economy and earnings still strong

Posted by The Simply Money Advisors Team on May 29, 2018 11:13:52 AM

Despite the holiday-shortened week, there is a deluge of economic data this week. Specifically, Wall Street will be paying very close attention to the May jobs report released on Friday, June 1.

Read More

The ins-and-outs of a 401(k) in-service distribution

Posted by The Simply Money Advisors Team on May 23, 2018 3:39:36 PM

At Simply Money Advisors, we like to educate you on all of your options for retirement planning. There are many different aspects you have to consider, including lifestyle, tax strategies, insurance, and retirement accounts.

Another factor to think about is a potential ‘in-service distribution.’ Not all 401(k) plans give you this option, but it may be something to consider if yours does. 

Read More

Topics: 401(K), Retirement

U.S. and China declare trade war truce, higher interest rates and oil prices the new concern

Posted by The Simply Money Advisors Team on May 21, 2018 12:22:37 PM

The U.S. and China have declared a truce on the trade war that has been troubling Wall Street. Over the weekend, Treasury Secretary Steven Mnuchin said, “We are putting the trade war on hold. Right now, we have agreed to put the tariffs on hold...”

Read More

Topics: Economy

Single? How you should approach retirement planning

Posted by The Simply Money Advisors Team on May 16, 2018 3:28:40 PM

With more Americans forgoing or prolonging marriage, as well as an increase of divorces for those over the age of 50, many of you may end up retiring single. And while being single can have its advantages such as not saving for college if you don’t have children, there are some specific retirement planning challenges that single individuals may face. 

Read More

Topics: Retirement

Oil prices rising, but U.S. economy still healthy

Posted by The Simply Money Advisors Team on May 14, 2018 12:13:22 PM

U.S. relations with the rest of the world dominated headlines last week and will likely take center stage again this week.

Read More

Topics: Economy

How to help your adult kids without giving money

Posted by The Simply Money Team on May 9, 2018 2:23:26 PM

“You give a poor man a fish and you feed him for a day. You teach him to fish and you give him an occupation that will feed him for a lifetime.”

Read More

Topics: Budgeting, Retirement

Unemployment rate reached 17-year low as more people leave the workforce

Posted by The Simply Money Advisors Team on May 7, 2018 1:44:15 PM

The devil is in the details. Even though April's unemployment rate dropped from 4.1% to 3.9%, hitting a 17-year low, it wasn't because significantly more people found jobs. It was actually due to 236K people dropping out of the labor force. In a separate part of the April jobs report, businesses reported they were employing 164K more people than the prior month. 

Read More

Topics: Economy

These tips can help protect your parents from scams

Posted by The Simply Money Team on May 2, 2018 3:31:18 PM

Your parents are a prime target for scammers. The elderly lose about $3 billion every year to a variety of scams and thieves, according to the government; everything from Social Security scams to IRS scams, to financial abuse, to online dating scams.
Read More

Topics: Scams & ID Theft Alerts

Disclaimer

Please remember that past performance may not be indicative of future results.  Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by Simply Money Advisors), or any non-investment related content, made reference to directly or indirectly will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful.  Due to various factors, including changing market conditions and/or applicable laws, this content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained here serves as the receipt of, or as a substitute for, personalized investment advice from Simply Money Advisors. To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing. Simply Money Advisors is neither a law firm, a certified public accounting firm, nor a tax advisory firm and no portion of the blog content should be construed as legal, accounting, or tax advice. Please consult your own attorney, accountant, and tax advisor for legal, accounting, and tax advice. A copy of the Simply Money Advisors’ current written disclosure statement discussing our advisory services and fees is available for review upon request. Advisory services offered through Simply Money Advisors, a SEC registered investment adviser. Insurance services are offered through Simply Money Insurance Agency, a separate entity from Simply Money Advisors. Simply Money™ and the spiral symbol are trademarks of Simply Money IP Holdings, LLC.

Simply Money Advisors

Your trusted financial planning partner helping to protect your money and make it grow.

Subscribe to Blog Updates

Recent Posts