For all the talk of a U.S. recession, the odds of it happening may be overstated. That’s according to the Global Chief Economist at Vanguard, Joe Davis. Inflation remains more of a concern for retirees, especially those who know how it affects their purchasing power. Kelley Holland reports on the recent findings from the Limra Secure Retirement Institute. For the nearly 21 million families raising children with disabilities, financial planning is essential to success. Financial Advisor takes a look at the challenges facing special needs families and suggests solutions.
A U.S. Recession: What Are The Odds?- The U.S. economy hasn’t experienced a recession in about seven years. Joe Davis, Vanguard Global Chief Economist, said that the markets were reflecting fairly high, elevated odds of recession at the beginning of the year. He believes that was overstated and explains why he believes there are low odds of a recession in the next year or so. Read more…
Inflation Could Crack Your Nest Egg– It’s been a while since it was a big part of American life. Yet inflation has not disappeared, and for retirees, even low inflation can have an outsized effect on their finances. Kelley Holland summarizes recent research from the Limra Secure Retirement Institute. Read more…
Special Advice For Special Needs Parents– Nearly 21 million U.S. families are raising children with disabilities, according to the U.S. Census Bureau. To ensure the appropriate use of assets for a disabled family member, families can put the assets in special needs trusts. Then if the trust’s funds are used for qualified expenses such as medical equipment, transportation, home health aides, education, rehabilitation, computer equipment and medical care not covered by Medicaid, they don’t count against benefit eligibility for Medicaid. Read more…
We hope you enjoy reading these articles along with us and that you find them informative. Please forward this to your friends and family.
Best Regards,
John R. Day, Bill Ennis, Stephanie Davidson and Matt Heller