The markets are off to a good start in 2018, but analysts are advising caution. Liz Ann Sonders of Schwab explains the variables that will influence the markets this year. If you have an estate plan, the new tax law makes this a crucial time to update it. You’ll find five key questions to ask your estate planner in a new article from The Wealth Advisor. One thing 43% of people don’t factor into their financial plans is a reasonable estimate of their longevity. Will you still have sufficient funds if you live to be 90? Kelli B. Grant explains how to make sure your financial plan stands the test of time.
Schwab Market Perspective: Party Like It’s 2017!- “There are any number of catalysts which could trigger the first pullback of some size, and investors need to be ready for it—even if it’s in the context of an ongoing secular bull market. It doesn’t mean making major shifts to asset allocations, but being mindful of staying disciplined around tried-and-true things like diversification and periodic rebalancing,” according to Liz Ann Sonders and her team at Schwab. Read more…
5 Questions To Ask Your Estate Planner After The New Tax Law– An estate plan is like a car or a house: It needs regular maintenance to function as intended. Yet unlike your car or home, external events can create the need for adjustments. Among such events is legislation like the tax bill Congress passed in late December. Read more…
How To Insure Your Financial Plan Can Stand The Test Of Time– “About one out of every four 65-year-olds today will live past age 90, and one out of 10 will live past age 95,” according to the Social Security Administration. 43 percent of retirees underestimate by at least five years, the life expectancy for someone of their age and gender, the Society of Actuaries reports. Planning for longevity might include working longer, adjusting investment strategies, and planning for incapacitating health problems. Read more…
John R. Day, Bill Ennis, Stephanie Hall and Matt Heller