Simplicity Digital Advisor
Two Significant Risks to Your Retirement Plan (and How to Mitigate Them)
With today’s high inflation and rising interest rates, some retirement plans may be at risk due to assets depleting prematurely due to these factors. Today’s economic conditions are much worse than coming out of the Great Depression when the U.S. experienced inflation, high-interest rates, historical debt, and tax levels when tax rates were above 40% for over 40 years (1940-1981). Here’s an explanation of two significant risks to your retirement plan: inflation risk and interest rate risk.
3 Ways Rising Interest Rates and Inflation Impacts You
Interest rates are rising as Fed officials dred raised rates by a quarter-point in March 2022 to a target range of 0.25% to 0.5%. Their median forecast signaled that they expect to lift rates to 1.9% by the end of 2022 and to 2.8% by 2023.
A Volatile Stock Market: What Can Investors Do?
COVID-19, inflation and the Ukrainian war have all contributed to a volatile stock market in recent weeks. Volatility will continue as usual while one sector is experiencing profitability, another is declining, resulting in declining stock market valuations. For investors, the up and down performance creates market risk but is part of the underlying economic fundamentals of our U.S. stock market system:
5 Ways to Reduce Your Carbon Footprint & Invest in Our Planet
Going green, recycling, buying local, and energy-efficient appliances likely come to mind first when you think about reducing your carbon footprint and investing in our planet. However, the way you bank and handle your money can also help the environment. Here are five easy ways to reduce your carbon footprint through your finances.
How You Can Achieve a Stress-Free Retirement
Contrary to popular belief, retirement doesn’t always mean a stress-free lifestyle. It’s pretty standard for retirees to face stress from new challenges and worries. The good news is there are steps you can take to achieve a stress-free retirement and enjoy a happy and fulfilling life away from the working world. Here are some tips to help you achieve a stress-free retirement as you prepare:
Tax Changes ‘Self-filers’ Need to Know Before Filing 2021 Taxes
If you are self-filing your 2021 taxes, you may want to double-check. Make sure you don’t miss out on any tax changes. While some deductions will be the same this year, there are other significant changes due to the COVID-19 stimulus plans over the past two years. Here are a few specific tax-related items for the 2021 tax filing season that may impact you
Five Tips for Organizing Your Home Office
A clean, organized home office is vital to stay focused, make the most of every workday, and separate your work and home life. Whether your home office is a desk in your kitchen or a dedicated room, it can quickly become filled with clutter causing you stress. In honor of Organize Your Home Office Day on March 8th, we’ve compiled this list of tips to organize your home office:
What is Goal-Based Investing?
Goal-based investing in asset management is somewhat new to wealth management and differs from traditional investing in unique ways.The traditional investing philosophy focuses on portfolio construction to achieve the highest return
Financial Planning for Families Living With a Disability
Families living with a disability is more common than one expects. Nearly 54 million Americans cope with special needs and the rising cost of associated expenses, according to the National Organization on Disability.
Five Great Financial Readings to Guide You Through 2022
Many financial readings can provide you with fresh perspectives on personal finance or strategies you’ve never considered before or inspire you to take charge of your financial future.
