Blog
Weekly Market Insights: Stocks Rise as Bond Yields Fall
A Friday rally turned an otherwise mixed week for stocks into a solid performance. The Dow Jones Industrial Average picked up 2.42%, while the Standard & Poor’s 500 gained 0.77%. The Nasdaq Composite index rose 0.38% for the...
Read More2023 Recap and 2024 Outlook: Key Events and What May Be in Store
As we get ready to turn the page on 2023 and welcome the new year with all its possibilities, we’d like to take some time to reflect on the year that was—the notable events, trends, and developments that defined our...
Read MoreWeekly Market Insights: Short Week Strong for Stocks
Investor enthusiasm for stocks remained strong last week, buoyed by declining bond yields in a holiday-abbreviated trading week. The Dow Jones Industrial Average picked up 1.27%, while the Standard & Poor’s 500 gained 1.00%. The...
Read MoreWeekly Market Insights: November Rally Continues
Stocks extended their November rally last week as investors cheered lower-than-forecast inflation data. The Dow Jones Industrial Average gained 1.94%, while the Standard & Poor’s 500 added 2.24%. The Nasdaq Composite index rose...
Read MoreTechnology Guide for Dementia Patients and Their Caregivers
If you or a loved one has been diagnosed with Alzheimer's disease or any other form of dementia, this can be an extremely challenging time. While promising new treatments are developing and research continues, a cure remains elusive....
Read MoreShow All
Weekly Market Insights: Stocks Rally Friday; Powell Cautious On Progress
A powerful Friday rally left stocks higher last week, extending the market’s early November gains. The Dow Jones Industrial Average rose 0.65%, while the Standard & Poor’s 500 advanced 1.31%. The Nasdaq Composite index...
Read More10 Financial Missteps to Avoid During a Divorce
Divorce is one of the most stressful life events. Even the most amicable splits can be complicated and emotionally draining. We likely all know couples who have gone through divorce, and it can be a trying time for everyone involved....
Read MoreWeekly Market Insights: Stocks Rise, Jobs Cool
Stocks ripped higher last week on a dramatic retreat in bond yields triggered by easing inflation and a slowing labor market. The Dow Jones Industrial Average jumped 5.07%, while the Standard & Poor’s 500 surged 5.85%. The...
Read MorePreparing for the Tax Cuts and Jobs Act Sunset at the End of 2025
While we haven’t yet said goodbye to 2023, it’s not too early to begin thinking about any tax changes that may be on the horizon. The Tax Cuts and Jobs Act (TCJA) of 2017 was designed to overhaul the federal tax code by...
Read MoreWeekly Market Insights: Stocks Retreat on Cautious Earnings Reports
Amid a busy week of corporate earnings reports, stocks slumped on cautious earnings guidance, fears of higher interest rates, and growing anxiety over the increasing amount of Treasury bonds and notes coming to market. The Dow Jones...
Read MoreWeekly Market Insights: Stocks Retreat Despite Solid Earnings
Rising bond yields and uncertainty over whether this was the close of the Fed’s rate-hike cycle dragged markets lower last week despite solid corporate earnings results. The Dow Jones Industrial Average sank 1.61%, while the...
Read MoreThe Impact of SECURE 2.0 in 2024 and Beyond
SECURE 2.0: Changes Going Into Effect in 2024 Passed in 2019, the SECURE Act was the most substantial retirement legislation in over a decade. It contained important changes designed to help investors save more and be better prepared...
Read MoreWeekly Market Insights: Markets React to Turmoil in Middle East, Inflation Concerns.
Stocks ended mixed last week amid the outbreak of hostilities in the Middle East and higher-than-expected inflation data. The Dow Jones Industrial Average gained 0.20%, while the Standard & Poor’s 500 rose 0.45%. But the Nasdaq...
Read MoreWeekly Market Insights: Stocks Rally After Strong Jobs Report
A Friday rally overcame a shaky week, sending stocks mostly higher. The Dow Jones Industrial Average slipped 0.30% for the week. Meanwhile, the Standard & Poor’s 500 gained 0.48%, and the Nasdaq Composite index added 1.60% for...
Read More[VIDEO] Three Things to Know About the Looming Government Shutdown | LPL Street View
LPL Research Chief Economist Dr. Jeffrey Roach shares the top three things investors should know about the looming government shutdown. Tracking #483989
Read MoreA Year-End Financial Checklist
Time to Think About Year-End Financial Strategies As we roll into fall and the fourth quarter, now is a good time to pause and reflect on proactive ways to set up your finances for 2024. Economically speaking, we are now in a much...
Read MoreWeekly Market Insights: Bond Yields Rise; Government Shutdown Looms
Rising bond yields and government shutdown fears left stocks in mostly negative territory for the week. The Dow Jones Industrial Average lost 1.34%, while the Standard & Poor’s 500 slipped 0.74%. The Nasdaq Composite index was...
Read MoreAI's Role in Shaping Our Tomorrow: A Look Ahead
While artificial intelligence (AI) is making headlines today, the concept of "thinking machines" can be traced back to ancient philosophers and mathematicians. The phrase artificial intelligence was first used in the mid-20th century,...
Read MoreWeekly Market Insights: Stocks End Summer with Gloomy News
Rising bond yields and fears of a government shutdown hammered stocks last week, with technology shares bearing the brunt of the retreat. The Dow Jones Industrial Average lost 1.89%, while the Standard & Poor’s 500 dropped 2.93%...
Read MoreWeekly Market Insights: Stocks Stand Still, Awaiting Fed
Stocks ended the week roughly where they began as investors digested a mixed set of new economic data. The Dow Jones Industrial Average gained 0.12%, while the Standard & Poor’s 500 slipped 0.16%. The Nasdaq Composite index fell...
Read MoreTop 10 Questions You Need to Ask About Social Security
Social Security, the program you may have spent a lifetime paying into, is designed to offer stability, supplemental income, and other valuable benefits that can play a role in your overall financial strategy after you retire. We've...
Read MoreWeekly Market Insights: Will the Fed Raise Interest Rates?
Concerns that the Fed may raise interest rates soured investor sentiment, sending stocks lower in a holiday-shortened trading week. The Dow Jones Industrial Average slipped 0.75%, while the Standard & Poor’s 500 declined 1.29%....
Read MoreWeekly Market Insights: September Stocks Open In Positive Territory
Falling bond yields–spurred by weak economic data–helped lift stocks to weekly gains. The Dow Jones Industrial Average advanced 1.43%, while the Standard & Poor’s 500 gained 2.50%. The Nasdaq Composite index...
Read MoreUnderstanding the September Effect: What It Is and Why It Happens
If you ask the average investor which month is the most volatile for the stock market, they will probably say October. It's a reasonable answer, but it's incorrect. Despite October's reputation for market-defining events like the...
Read MoreWeekly Market Insights: Stocks Retreat; Powell Talk Goes Hawk
Stocks fluctuated last week, jostled by fitful bond yields and headline news, before ending strongly following Fed Chair Powell’s comments on the monetary outlook. The Dow Jones Industrial Average slipped 0.45%, while the...
Read MoreDon't Get Hooked: A Guide to Recognizing and Avoiding Phishing
As financial professionals, we understand how vital it is to safeguard your personal and financial information. Unfortunately, in our increasingly digital world, cybersecurity risks, such as phishing attacks, have become a prevalent...
Read MoreWeekly Market Insights: Stocks Weather Summer Storm of News and Indicators
Stocks extended their August declines last week as higher yields and weak economic data out of China soured investor sentiment. The Dow Jones Industrial Average lost 2.21%, while the Standard & Poor’s 500 retreated 2.11%. The...
Read MoreWeekly Market Insights: Summertime Blues for the Markets
Positive inflation data failed to lift stocks from their August doldrums last week as economic data and a ratings downgrade soured investor sentiment. The Dow Jones Industrial Average added 0.62%, while the Standard & Poor’s 500...
Read MoreWeekly Market Insights: Stocks Raise White Flag to Bad News
Stocks retreated last week as bond yields increased following the Treasury's announcement indicating “a larger-than-expected funding need” and a downgrade in the federal government’s debt rating. The Dow Jones...
Read MoreMoney Tips for Parents Sending Children Off to College
You’ve done a great job teaching your children vital life lessons and instilling values that will last a lifetime. As summer ends and a new school year begins, one thing that shouldn’t be overlooked, especially for...
Read More[VIDEO] Three Investment Takeaways | LPL Econ Market Minute
LPL Financial Chief Economist, Dr. Jeffrey Roach, shares three key takeaways for interpreting the macro landscape and what it means for investors. Tracking # 1-05376589
Read MoreAttention Parents and Grandparents of College-Bound Students: FAFSA Gets an Overhaul
Changes are coming to the complicated form that students must submit to qualify for college financial aid, known as the Free Application for Federal Student Aid (FAFSA).The Department of Education is calling it the “most...
Read MoreWeekly Market Insights: Stocks Jump After Inflation Gauge Cools
A Friday surge pushed stocks solidly into positive territory last week, ignited by cooling in an inflation gauge closely tracked by the Federal Reserve. The Dow Jones Industrial Average advanced 0.66%, while the Standard &...
Read MoreThe 6 Biggest Mistakes DIY Investors Make and How to Avoid Them
IntroductionOver the last several months, I have met with quite a few self-proclaimed do-it-yourself (DIY) investors who, after struggling with the markets in 2022, approached me asking for a second opinion. Interestingly, almost every...
Read MoreWeekly Market Insights: Stocks Advance and Retreat on Mixed News
Stocks moved to the rhythm of earnings season last week, initially rising on positive earnings surprises and faltering later in the week on key earnings disappointments. The Dow Jones Industrial Average rose 2.08%, while the...
Read MoreWeekly Market Insights: Bad News for Bears; Good News Buoys Markets
Better-than-expected updates last week on consumer and wholesale price inflation buoyed investor sentiment, driving stocks higher and lower bond yields. The Dow Jones Industrial Average rose 2.29%, while the Standard &...
Read MoreHow the SECURE 2.0 Act Changed 529 Plans
Changes to 529 Plans in the SECURE 2.0 ActThe SECURE Act was initially passed by Congress at the end of 2019 and was intended to improve retirement savings opportunities. It was a big deal at the time and the most significant piece of...
Read MoreWeekly Market Insights: Stocks Stumble with CPI on Deck
Rising concerns about further rate hikes sent stocks lower to kick off the second half of trading.The Dow Jones Industrial Average lost 1.96%, while the Standard & Poor’s 500 retreated 1.16%. The Nasdaq Composite index...
Read MoreHealth Savings Accounts: Pros, Cons, and Retirement Considerations
What if your child needs braces? The cost may be as much as $6,000 for metal braces—more modern versions can run as much as $13,000. Your health insurance may cover only a portion of the cost. If you're well past the braces stage...
Read MoreWeekly Market Insights: Economy Continues Upward Trend
Stocks posted gains for the week to close out a stellar month, aided by positive economic data and reports that all major banks had passed the Federal Reserve’s annual stress test.The Dow Jones Industrial Average gained 2.02%,...
Read MoreWeekly Market Insights: Stocks Take Summer Break, Month Remains Strong
Stocks took a breather last week as investors digested the previous week’s surge and the month-to-date solid gains.The Dow Jones Industrial Average lost 1.67%, while the Standard & Poor’s 500 fell 1.39%. The Nasdaq...
Read MoreTop 7 Most Common Estate Strategy Mistakes (and How to Avoid Them)
Getting your affairs in order and outlining what you want done with your estate after you’re gone is one of the greatest gifts you can leave your loved ones. However, not preparing for the transfer of your assets can lead to...
Read MoreWeekly Market Insights: Stocks Climb After Fed Pause
Stocks climbed last week as reassuring inflation data boosted investor hopes that the rate-hike cycle was nearing an end amid fresh economic data pointing to continued economic resilience.The Dow Jones Industrial Average rose 1.25%,...
Read MoreWeekly Market Insights: Markets March into Positive Territory Continues.
A late-week rally sent stocks into positive territory, with the S&P 500 index closing just shy of the 4,300 mark.The Dow Jones Industrial Average gained 0.34%, while the Standard & Poor’s 500 added 0.39%. The Nasdaq Composite...
Read MoreWeekly Market Insights: Debt Deal Relieves Market Worries
Stocks surged higher in the closing days of a holiday-shortened trading week, ignited by a political resolution on raising the debt ceiling and a strong employment report.The Dow Jones Industrial Average rose 2.02%, while the Standard...
Read MoreWeekly Market Insights: Debt Talks Optimism Keeps Eyes on D.C.
Markets moved in sync last week with perceived movement in debt ceiling talks, weakening early in the week and then surging on news of progress. A solid quarterly report and guidance from a mega-cap technology company helped with...
Read MoreLiving Trusts: Understanding the Basics and Key Considerations
Estate management can be a complex and daunting task for many people, but it’s a critical step in helping your assets get managed and distributed according to your wishes.One popular tool that can be used in estate strategies is...
Read MoreKey Takeaways from Recent Jobs Report | LPL Econ Market Minute
LPL Financial Chief Economist Dr. Jeffrey Roach shares insights on the shift that’s happening in the job market these days.
Read MoreWeekly Market Insights: Despite Stall, Debt Deal Optimism Cheers Markets
Stocks rallied last week, propelled by growing optimism over reaching a deal on raising the debt ceiling and avoiding a technical debt default by the U.S.The Dow Jones Industrial Average edged 0.38% higher, while the Standard &...
Read MoreWeekly Market Insights: Attention Turns to the Debt Ceiling
Stocks were mixed last week as good inflation news was offset by mounting debt ceiling concerns and rekindled regional banking fears.The Dow Jones Industrial Average lost 1.11%, while the Standard & Poor’s 500 slipped 0.29%. The...
Read MoreTrying to Time a Recession?
Economies move in cycles – always have, always willThe Federal Reserve has been steadily increasing interest rates in an attempt to slow the rate of inflation. Its efforts are yielding some results, although inflation remains...
Read MoreWeekly Market Insights: Friday Rally Trims Losses; CPI Report Next Week
A Friday rebound, triggered by a big tech company’s earnings beat and a strong jobs report, shaved much of the week’s accumulated losses.The Dow Jones Industrial Average fell 1.24%, while the Standard & Poor’s 500...
Read MoreWeekly Market Insights: Stocks Rally As Attention Shifts to Fed's May Meeting
Strong earnings from several mega-cap technology companies offset renewed regional banking jitters and weak economic data, leaving stocks higher for the week.The Dow Jones Industrial Average gained 0.86%, while the Standard &...
Read MoreWhat Factors Have the Greatest Impact on Your Credit Score?
Fun fact: You probably have dozens of credit scores out there, and each one might be a different number.You’re probably familiar with a credit score, why it’s essential, and what it’s used for, but do you know how...
Read MoreWeekly Market Insights: Stocks show small losses after mixed week
Stocks remained resilient last week amid mixed earnings reports, hawkish Fed-speak, and lingering recession fears, closing out the five trading days with small losses.The Dow Jones Industrial Average slipped 0.23%, while the Standard &...
Read MoreWeekly Market Insights: Lower inflation lifts spirits in uneven week.
The combination of an improving inflation outlook resulted in a week of uneven, albeit positive, performance, in which cyclical and financial stocks rallied while technology, real estate, and utilities lagged. The Dow Jones...
Read MoreTop Considerations to Help Adult Children Be Better Prepared As You Age
As we get older, it’s important that our adult children are prepared to manage any aging-related situations that may arise. This includes everything from having to make medical and financial decisions to determining assisted...
Read MoreWeekly Market Insights: Hiring Cools; Recession Fears Rise.
Stocks ended a shortened week of trading mixed amid revived recession fears on Wall Street triggered by weak economic data.The Dow Jones Industrial Average gained 0.63%, while the Standard & Poor’s 500 slipped 0.10%. The Nasdaq...
Read MoreWeekly Market Insights: Banking Crisis Fears Dim; Markets Rally
Stocks rallied last week on receding fears of a widening banking crisis, led by resurging investor interest in technology and communication services names.The Dow Jones Industrial Average gained 3.22%, while the Standard & Poor’s...
Read MoreWeekly Market Insights: Mixed Message Provokes Volatility
Modest gains in major market indices masked sharp volatility amid the uncertainty arising from mixed messages emanating from public officials and revived banking fears. The Dow Jones Industrial Average gained 1.18%, while the Standard...
Read MoreTips for Raising Financially Literate Children
Every parent wants the best for their children and strives to prepare them to lead a happy, healthy, and successful life. But, despite understanding the importance of financial responsibility, only 28 percent of parents speak to their...
Read MoreWeekly Market Insights: Markets Cautious After Banking Woes; Awaiting Fed Reaction
Amid the reverberations of two U.S. banks being taken over by regulators and the spread of uncertainty to European banks, stocks trended higher last week on the strength of the technology sector.The Dow Jones Industrial Average was...
Read MoreWeekly Market Insights: Bad News Gives Markets a One-Two Punch
Stocks tumbled last week as investors reconsidered their interest rate expectations after Fed Chair Powell’s Congressional testimony that rates may need to go higher. Stocks also were rattled when a west coast bank was placed...
Read MoreTransitioning to Medicare from Private Health Insurance Plans
Transitioning from Private Health Insurance Plans to MedicareAs you approach retirement age, you may be anticipating transitioning from your private insurance to Medicare, which is a federal health insurance program that provides...
Read MoreWeekly Market Insights: Fed’s Reassurance Boosts Stocks.
A late-week surge, triggered by reassuring Fed-speak, propelled stocks higher last week.The Dow Jones Industrial Average gained 1.75%, while the Standard & Poor’s 500 advanced 1.90%. The Nasdaq Composite index picked up 2.58% for...
Read MoreWaiting for New Highs
Financial markets have experienced quite a bit of change this year in just two short months. We started the year hopeful that stocks would benefit from a better economic and monetary policy environment by the spring, but recent...
Read More[VIDEO] “No Landing” Makes “No Sense” | LPL Econ Market Minute
LPL Financial Chief Economist Dr. Jeffrey Roach suggests an alternative analogy to that of an airplane landing.
Read MoreWeekly Market Insights: FOMC Says Inflation is Still Too High
Concerns over a firmer monetary policy were heightened by fresh economic data, touching off a climb in bond yields and a slide in stock prices last week.The Dow Jones Industrial Average skidded 2.99%, while the Standard & Poor’s...
Read MoreWeekly Market Insights: Mixed Results As Interest Rate Concerns Grow
Growing concerns about further interest rate hikes, prompted by fresh economic data, reversed early-week gains and left stocks mixed for the week.The Dow Jones Industrial Average slipped 0.13%, while the Standard & Poor’s 500...
Read MoreWhere to Put Excess Cash
According to the Investment Company Institute, near the end of 2022, there was more than $4.7 trillion in cash sitting in U.S. money market funds.1,2While cash can play a role in a diversified portfolio, historically, cash has not kept...
Read MoreWeekly Market Insights: Mixed Feelings and Mixed Earnings
Stocks drifted lower as a week of mixed earnings reports and resurgent worries over Fed monetary policy dragged on investor sentiment. The Dow Jones Industrial Average slipped 0.17%, while the Standard & Poor’s 500 declined...
Read MoreTechnology Guide for Seniors
By 2040, the U.S. Census Bureau estimates that 80 million people in the U.S. will be age 65 or older.1 Most of these senior adults will either want to—or need to—"age in place," living in their homes securely, independently...
Read MoreWeekly Market Insights: Powell: Inflation Heading in the Right Direction
Stocks were mixed last week following better-than-expected corporate reports and increasing optimism over a slowdown in interest rates.The Dow Jones Industrial Average edged lower, slipping -0.15%. The Standard & Poor’s 500 rose...
Read MoreWeekly Market Insights: Earnings and Data Tell Two Different Stories on Near Future.
Stocks added to their early 2023 gains amid a busy stream of mixed corporate earnings results and conflicting economic data.The Dow Jones Industrial Average gained 1.81%, while the Standard & Poor’s 500 added 2.47%. The Nasdaq...
Read MoreWeekly Market Insights: Mixed Results Following Weak Economic Data
Stocks showed mixed results last week as recession fears resurfaced in response to weak economic data and a tepid start to a new corporate earnings season. The Dow Jones Industrial Average skidded 2.70%, while the Standard &...
Read MoreWhat Is the Sequence-of-Return Risk and How Can Retirees Mitigate Its Effects?
With the possibility of a recession looming, it's natural for those nearing or in retirement to have concerns over their long-term strategies. After decades of accumulating a portfolio, the last thing retirees want is for a market...
Read MoreWeekly Market Insights: Inflation Cools, Stocks Warm Up
Stocks rallied last week thanks to fresh confirmation of inflation’s cooling trend and growing optimism that an inflation slowdown may provide the Fed with space to ease up on future rate hikes.The Dow Jones Industrial Average...
Read MoreWeekly Market Insights: New Year's Rally in Reply to Positive Economic News
A strong Friday rally triggered by fresh signs of moderating inflation pushed stocks into positive territory to begin the new year. The Dow Jones Industrial Average rose 1.46%, while the Standard & Poor’s 500 advanced 1.45%....
Read MoreLifetime Estate & Gift Tax Exemption Updates for 2023
In October 2022, the Internal Revenue Service (IRS) announced tax changes for 2023 — changes primarily driven, in part, by the current inflationary environment. For affluent couples or individuals interested in transferring...
Read MoreWeekly Market Insights: Erratic Holiday Trading Leaves Stocks in Doldrums
In a holiday-shortened week, erratic trading left stocks marginally down for the week.The Dow Jones Industrial Average lost 0.17%, while the Standard & Poor’s 500 slipped 0.14%. The Nasdaq Composite index fell 0.30%. The MSCI...
Read More2022- The year in review
Hey 2022… Goodbye, adios, arrivederci, au revoir, sayonara…. Don’t let the door hit ya on the way out!!!
Read MoreWeekly Market Insights: Recession Concerns, Fed Talk Keep Stocks Cold
Hawkish comments by the Fed and weak economic data heightened investors’ recession concerns and sent stocks lower last week.The Dow Jones Industrial Average lost 1.66%, while the Standard & Poor’s 500 retreated 2.08%. The...
Read MoreWeekly Market Insights: Stocks Slide on Recession Concerns
Recession fears and concerns that the Fed may consider a longer rate-hike cycle sent stocks lower for the week.The Dow Jones Industrial Average dropped 2.77%, while the Standard & Poor’s 500 fell 3.37%. The Nasdaq Composite index...
Read MoreThe Challenge of Raising Non-Materialistic Kids
In today’s social media-obsessed world full of popular “influencers” targeting teens, pre-teens, and even younger groups, instilling values in your children and grandchildren about what really matters in life is more...
Read MoreWeekly Market Insights: Easing on Rate Hikes and Job Numbers Cheer Markets
Stocks ended higher last week as investors navigated the crosscurrents of a potential easing in future rate hikes and continued strength in the labor market.The Dow Jones Industrial Average edged 0.24% higher, while the Standard &...
Read MoreContribution Limit Increases for 2023: Just What We Wanted to Hear
In late October, the IRS announced that it is increasing contribution limits to retirement savings accounts in 2023. The changes, like many you are seeing, are a direct result of months of high inflation and financial uncertainty, some...
Read MoreWeekly Market Insights: Fed Talks Turkey on Lower Rates, Boosting Markets
Growing optimism that the Fed may be ready to ease future interest rate hikes sent stocks higher in a quiet trading week.The Dow Jones Industrial Average gained 1.78%, while the Standard & Poor’s 500 added 1.53%. The Nasdaq...
Read MoreYear-End Financial Strategies
The year is almost over, and it has certainly been a bumpy one for the financial markets and our economy. As financial professionals, we work with families to design investment strategies that help them pursue their goals for education...
Read MoreWeekly Market Insights: Markets Down Ahead of Thanksgiving Holiday
The stock market edged lower last week as it digested a crosscurrent of conflicting economic data and contrasting comments from Fed officials.The Dow Jones Industrial Average was flat (-0.01%), while the Standard & Poor’s 500...
Read MoreWeekly Market Insights: Cooling Inflation Brings Market Gains
A cooling inflation number ignited a powerful rally on Thursday, sending stocks to strong gains for the week.The Dow Jones Industrial Average gained 4.15%, while the Standard & Poor’s 500 added 5.90%. The Nasdaq Composite index...
Read MoreCharitable Giving Strategies for 2022
Key points:Over the past five years, affluent Americans increased their donations to charity by 48%.1Understand various strategies to help you maximize the impact of your charitable donations and your income tax savings.To qualify for...
Read MoreWeekly Market Insights: Stocks Slip After Powell Comments
Hawkish comments by Fed Chair Jerome Powell, following the announcement of another 75 basis points interest rate hike last week, cast a pall over financial markets, sending yields higher and stocks lower.The Dow Jones Industrial...
Read MoreHow Does the Inflation Reduction Act Impact Healthcare? A Guide During Open Enrollment Season
Key points:One of the biggest components of the Inflation Reduction Act is the changes to healthcare costs and coverage. The Inflation Reduction Act requires all pharmaceutical companies to rebate Medicare participants for the...
Read MoreWeekly Market Insights: Plenty of Treats for Wall Street This Week
Stocks overcame poor earnings results from some of America’s largest companies to post gains last week as investors cheered positive earnings surprises, easing inflation and a rebound in economic growth.The Dow Jones Industrial...
Read MoreWeekly Market Insights: Wall Street Flips the Script & Enjoys a Rally.
A positive start to a new earnings season and late-week hopes for a near-term easing in Fed rate hikes lifted investors’ spirits and powered stocks to gains for the week.The Dow Jones Industrial Average jumped 4.89%, while the...
Read MoreThe Pros & Cons of ESG Investing
If you haven’t heard much about ESG investing, you will. ESG has gone from a niche investment philosophy to a mainstream investment tenant. At the same time, it has gained the attention of corporations, politicians, regulators,...
Read MoreWeekly Market Insights: Volatility Reigns; Inflation Remains Unchecked.
Stocks were mixed last week amid wide intra- and inter-day price swings, as technology shares bore the brunt of the downdraft.The Dow Jones Industrial Average gained 1.15% for the week. Meanwhile, the Standard & Poor’s 500...
Read MoreIt's Cybersecurity Awareness Month: 7 Steps to Protect Yourself
Over 50% of consumers have fallen victim to a cybercrime, with a third of those attacks taking place in the past year alone. So there are 263 million American consumers. 131.5 million have been hit by cybercrime, with 44 million...
Read MoreWeekly Market Insights: Boost Early in Week Keeps Markets Ahead
A powerful two-day stock rebound cemented a positive week for investors as a new trading month began.The Dow Jones Industrial Average rose 1.99%, while the Standard & Poor’s 500 added 1.51%. The Nasdaq Composite index increased 0...
Read MoreCould the Worst be Behind Us?
As the third quarter comes to an end, it’s admittedly difficult to be optimistic about stock and bond markets right now. The most recent quarter saw both stocks and bond prices fall in tandem again.
Read MoreThe Best and Worst of Times
When it comes to stock market performance, August was “the best of times, and the worst of times.” The strong market rally that peaked in mid-August was viewed by many analysts as a transition from a bear to bull market,...
Read MoreWill Your Social Security Check Be Taxed?
Most people are used to having a percentage of their paycheck withheld for Social Security. The withholding rate in 2022 stands at 6.2% for individuals and another 6.2% for their employers, for a total of 12.4% per person.1 But...
Read MoreWeekly Market Insights: U.S. and U.K. See Financial Turbulence
Rising recession fears and uncertainty in the bond and currency markets sent stocks to new 2022 lows last week.The Dow Jones Industrial Average declined 2.92%, while the Standard & Poor’s 500 slumped 2.91%. The Nasdaq Composite...
Read MoreWeekly Market Insights: Fallout From Powell Comments Continues
Last week, Fed Chair Powell said the U.S. would not tame inflation without economic pain. This week heightened recession fears and sent stocks broadly lower.The Dow Jones Industrial Average dropped 4.00%, while the Standard &...
Read MoreWeekly Market Insights: White Hot Inflation Report Alarms Investors
A hotter-than-expected inflation report sent stocks sharply lower last week as investors faced the prospect of more aggressive interest rate hikes by the Federal Reserve for perhaps a longer period.The Dow Jones Industrial Average fell...
Read MoreTruths About Life Insurance That Will Inspire You to Get Coverage
Several factors will affect the cost and availability of life insurance, including age, health, and the type and amount of insurance purchased. Life insurance policies have expenses, including mortality and other charges. If a policy...
Read MoreWeekly Market Insights: Markets Upbeat, Despite Gloomy Inflation Talk
In a holiday-shortened week of trading, stocks posted healthy gains despite more tough talk on monetary policy from Fed officials.The Dow Jones Industrial Average rose 2.66%, while the Standard & Poor’s 500 gained 3.65%. The...
Read MoreWeekly Market Insights: Markets Sag, Job Numbers Soar
The overhang of Fed Chair Powell’s Jackson Hole speech the previous week carried over into last week as investors recalibrated stock valuations amid a seemingly more assertive monetary policy stance.The Dow Jones Industrial...
Read MoreWeekly Market Insights: Powell comments spur sell-off on Wall Street
A comprehensive sell-off on Friday following comments by Fed Chair Jerome Powell drove stocks to losses for the week.The Dow Jones Industrial Average tumbled 4.22%, while the Standard & Poor's 500 dropped 4.04%. The Nasdaq Composite...
Read MoreWhat You May Not Know About 529s
The end of summer and the start of the school year always seem to be a catalyst for conversations about college savings and where they fit into larger, long-term financial strategies. In particular, the 529 college savings plan, with...
Read MoreAll Recessions Are Not Created Equal
With inflation at 40-year highs, the Fed is aggressively hiking interest rates; but it's a tricky proposition: raise rates too much and many fear the next recession is right around the corner. Markets have been reflecting that fear,...
Read MoreIs Now a Good Time for a Roth IRA Conversion?
Is Now a Good Time for a Roth IRA Conversion?We know that taxes are one of life’s two inevitables. So, the question is not if you will pay taxes on your retirement accounts, but when and how much. That’s where Roth IRAs...
Read MoreJune 2022 Client Letter
June 2, 2022The bull market that began in March of 2020 came dangerously close to an end. From March 23, 2020 through January 3, 2022, the S&P 500 Index gained 114% (excluding dividends). From that January 3 closing high through the...
Read MoreNovember Client Letter
November 4, 2021 The past year and a half have tested all of us, but overall, the economy continues to strengthen, COVID-19 trends are greatly improving, and this still relatively young bull market is alive and well. As the leaves turn...
Read MoreWelcome Jennifer!
Please join us in welcoming Jennifer Hoover to the Madison Financial Planning team. Jennifer will work under the leadership of Terri to provide the excellent service experience that you are accustomed to. She can assist with a full...
Read MoreOctober Client Letter
October 7, 2021 One constant in life is change. During the past year and a half, we have experienced more change than any of us bargained for. Change is disruptive—but also brings opportunities. For investors right now, there is...
Read MoreNew Neighbors!
We are excited to announce that we have new neighbors! Please welcome the Shoreline Arts Alliance to 206 Boston Post Road. ABOUT Shoreline Arts Alliance: Shoreline Arts Alliance is a non-profit arts council founded in 1980. They are...
Read MoreCongratulations Craig!
CRAIG BERNARD HONORED AS ONE OF LPL FINANCIAL’S TOP FINANCIAL ADVISORS Madison, CT— Craig Bernard, an independent LPL Financial advisor at Madison Financial Planning in Madison, CT today announced his inclusion in...
Read MoreSeptember 2021 Client Letter
September 2, 2021 The bull market continues, with the S&P 500 Index now up seven months in a row. Stocks have impressively gained 20% year-to-date, with the S&P 500 making 53 new all-time highs before the end of August—another...
Read MoreAugust Client Letter
August 9, 2021 Dear Valued Investor: Six months and counting. That is the current monthly winning streak for the S&P 500 Index. To take that a step further, this key equity benchmark has posted gains in 13 of the last 16...
Read MoreJune 2021 Client Letter
June 3, 2021 Dear Valued Investor: As we move into June, a path to normalcy is coming quickly with stadiums allowing full capacity, restaurants filling up, and summer vacations in full swing. Meanwhile, the U.S. economy continues to...
Read MoreWe'd Love Your Feedback!
Good Afternoon! With the New Year we finally completed the filming and editing of a video that Kim and I had talked about doing for quite some time. This video is meant to introduce ourselves to someone new- typically someone that you...
Read MoreCongratulations Craig!
CRAIG BERNARD HONORED AS ONE OF LPL FINANCIAL’S TOP FINANCIAL ADVISORS Madison, CT. January 29, 2021: Craig Bernard, an independent LPL Financial advisor in Madison, CT, today announced his inclusion in LPL’s...
Read MoreWeekly Market Roundup
Check out this week's Weekly Market Roundup Click here to read
Read MoreJanuary 2021 Client Letter
January 7, 2021 Dear Valued Investor: Happy New Year! A new year offers a welcomed turn of the calendar and a fresh start. However, it’s difficult to put 2020 completely behind us just yet because the COVID-19 pandemic still...
Read MoreWeekly Market Roundup
Check out this week's Weekly Market Roundup. Click here to read
Read MoreDecember Client Letter
December 4, 2020 Dear Valued Investor: As 2020 comes to a close, we are already looking forward to a new year—and to a world very different from the one we’re leaving behind. Areas of the economy have been damaged and may...
Read MoreCraig's Cable TV Appearance
Craig recently appeared on a cable TV show called Shore Things. In the interview he discusses the current status of the markets and some financial thoughts for today’s environment. We hope you enjoy the show!
Read MoreCarolyn's Thanksgiving Floral Arrangement Tutorial
We are so excited to share Carolyn's Thanksgiving Floral Arrangement Tutorial with you. It is broken into 2 parts. If you decide to make something of your own, please send a picture to kelly@madisonfinancialplanners.com. We would love...
Read MoreWeekly Market Roundup
Check out this week's Weekly Market Roundup. Click here to read
Read MoreElection 2020 Still Undecided
November 10, 2020 Dear Valued Investor: A record number of people voted in the 2020 US presidential election, and several media outlets have projected that former Vice President Joe Biden has won enough electoral college votes to be...
Read MoreElection Clarity for the Markets
November 9, 2020 Dear Valued Investor: Former Vice President Joe Biden has been elected the 46th President of the United States, defeating President Donald Trump in a tight race and bringing an end to the highly contested 2020 election...
Read MoreWeekly Market Roundup
Check out this week's Weekly Market Roundup. Click here to read
Read MoreElection 2020 is Undecided
November 4, 2020 Dear Valued Investor: The American people have voted, casting a record number of ballots under extraordinary circumstances, which is a testament to the enduring resilience of our democracy. Determining the outcome of...
Read MoreWeekly Market Roundup
Check out this week's Weekly Market Roundup Click here to read
Read MoreWeekly Market Roundup
Check out this week's Weekly Market Roundup. Click here to read
Read MoreWeekly Market Roundup
Check out this week's Weekly Market Roundup Click here to read
Read MoreWeekly Market Roundup
Check out this week's Weekly Market Roundup Click here to read
Read MoreWeekly Market Roundup
Check out this week's Weekly Markey Roundup Click here to read
Read MoreSigns of Strength in the Economy
October 1, 2020 Dear Valued Investor: Autumn has arrived, with students back in school, baseball playoffs beginning, and football in full swing. Life is trying to get back to as normal as possible despite the ongoing impact from...
Read MoreWeekly Market Roundup
Check out this week's Weekly Market Roundup here: https://myemail.constantcontact.com/Weekly-Wealth-of-Knowledge--September-21-25--2020.html?soid=1117375119089&aid=Zx6-3KDoprY
Read MoreBack to School in a New Way
September 8, 2020 Dear Valued Investor: Back to school this year will be different. On the one hand, like other years, it marks the end of summer, the arrival of cooler weather, kids hitting the books again, and Labor Day gatherings....
Read MorePositive Territory
August 6, 2020 Dear Valued Investor: The battle versus COVID-19 continues. The spread in some of the recent hotspots like California and Florida is slowing, while states in the Northeast and Midwest are now experiencing increases in...
Read MoreMidyear Outlook 2020
July 16, 2020 Dear Valued Investor: We are at the midpoint of 2020, and it would be an understatement to say it’s been a challenging year so far in the United States and around the world. We’ve faced health, social, and...
Read MoreFourth of July Optimism
June 30, 2020 Dear Valued Investor: The July Fourth holiday will be very different this year. Although it’s a time to enjoy family and friends, and maybe even watch some fireworks, social distancing and a new wave of COVID-19...
Read MoreLooking Forward
As we look ahead to the summer months, we can’t help but think what a challenging year it’s been so far. At the same time, we’re encouraged by the resiliency and accelerated innovation among US businesses and the...
Read More2020 in Charts
2020 is only five months old, but in many ways it is one of the most historic years we’ve ever seen. “2020 went from moving along nicely, to seeing the worst recession in a generation and the fastest bear market ever...
Read MoreMemorial Day 2020
What’s Memorial Day all about you ask? Well let me tell you something right now......... It’s NOT about a 3 day weekend, it’s about HONOR! Honor: showing of merited respect It’s NOT about sales, it’s about...
Read MoreBetter Times are Coming
May 21, 2020 Dear Valued Investor: “Never confuse a single defeat with a final defeat.” — F. Scott Fitzgerald The economic struggles in our country are among the worst we’ve ever seen. In April, a record 20...
Read MoreTo Go But Up
May 8, 2020 Dear Valued Investor: Investors like labels for the economy and financial markets—many of them with the word “great” in them. The Great Depression. The Great Recession. The Great Lockdown. Well,...
Read MoreAround the Office- April 2020
We hope that this monthly installment of “Around the Office” finds you and your family in good health. When we talk about health we are taking into consideration your physical health, mental health/well-being, and your...
Read MoreHow We Respond Matters
April 21, 2020 Dear Valued Investor: “Life is 10% what happens to you and 90% how you respond to it.” — Lou Holtz, Hall of Fame football coach As the battle against the COVID-19 pandemic continues, how we respond to...
Read MoreHelping You Survive Market Volatility During COVID-19
We wanted to formally reach out to offer you my comfort and support during this very daunting time. The outbreak of the COVID-19 virus has most certainly caused you to have significant worries about a number of things, including your...
Read MoreA Unique Economic Situation
April 9, 2020 These are challenging times, and this week may be the toughest as we wait for COVID-19 to reach its peak in the United States. As the war against COVID-19 wages on, we continue to be inspired by the tremendous bravery...
Read MoreThe Coronavirus Aid, Relief and Recovery Act
I hope this note finds you and those around you safe and healthy during this unprecedented time. You may be aware at the end of March, President Trump signed the Coronavirus Aid, Relief and Economic Security (CARES) Act and it is now...
Read MoreApril 2020 Market Commentary
Dear Valued Investor: “Every decade or so, dark clouds will fill the economic skies, and they will briefly rain gold. When downpours of that sort occur, reach for a bucket.” —Warren Buffett The battle with COVID-19...
Read MoreAround the Office- March 2020
Our hope is that this monthly installment of “Around the office” finds you and your family Healthy & Happy. We understand that the pandemic has left most of us feeling anxious and isolated. We’re trying finding ways...
Read MoreIRS Updates
March 26, 2020 The Treasury Department and the Internal Revenue Service are providing special tax filing and payment relief to individuals and businesses in response to the COVID-19 Outbreak. The filing deadline for tax returns has...
Read MoreA Test of Our Resolve
March 25, 2020 The world continues its battle to contain the COVID-19 pandemic, which now has likely impacted, either directly or indirectly, nearly every person on Earth. This is far more than just a health crisis—this is a...
Read MoreWe're here for you!
March 24, 2020 We know that these can be frightening times, but we want to assure you that the one thing you don’t need to worry about is us supporting you through them. No one knows what the next days, weeks, or even months...
Read MoreA Clear Vision of Financial Goals
March 19, 2020 Our everyday lives have changed dramatically over the last few weeks as we work together to minimize the impact of the COVID-19 pandemic. We know these efforts are necessary, but they also have come at a cost. Global...
Read MoreCoping with Market Volatility
Fears over the spread of COVID-19 (coronavirus) have gripped the country and sent stocks in the US and around the world into bear markets. Thursday’s nearly 10% decline in the S&P 500 Index was one of its worst days in history...
Read MoreOur response to COVID-19
We want to share information about the steps we’ve taken to minimize any potential impact to our clients as a result of the Coronavirus (COVID-19) situation and maximize our efforts to keep our team and clients safe. This event,...
Read MoreCOVID-19 and Oil Prices
March 10, 2020 The tough times that global markets were experiencing due to the spread of COVID-19 (coronavirus) worsened this past weekend as a price war between Saudi Arabia and Russia resulted in sharply declining oil prices. This...
Read MoreMarch Markets Like A Lion
March 5, 2020 It’s been a tough week. The number of coronavirus cases have continued to increase globally, and new cases have been confirmed in the United States. Countries are making progress with containment, but those efforts...
Read MoreCoronavirus Impact on Markets Continues
March 2, 2020 Dear Valued Investor: “The stock market takes an escalator up, and an elevator down,” is a classic Wall Street saying. The last week has sure felt like taking an express elevator down, as the end of February...
Read MoreAround the Office- February 2020
2020 is a Leap year. February 29 is a date that usually occurs every four years and is called Leap Day. This day is added to the calendar in leap years as a corrective measure because the Earth does not orbit the sun in precisely 365...
Read More2019-2020 Turbo Tax Guide
Attached is the 2019-2020 Turbo Tax Guide. Please give us a call at 203.245.3131 if you have any questions. Turbo Tax Guided 20-19-2020 Thank, Craig & Kim
Read MoreBumps in the Road- February 2020
Dear Valued Investor: The start of 2020 has brought increased stock market volatility. The uncharacteristically calm market environment we experienced for much of the past four months was bound to end, but identifying the catalyst for...
Read MoreAround the Office- January 2020
Around the Office- January 2020 With the start of a new year and a new decade we thought we’d share our 2020 resolutions with you this month. Craig: -Continue to find ways to help others -Continue to exercise and eat well -Take a...
Read MoreMailing dates for Consolidated 1099 tax forms
Below are the mailing dates for our Consolidated 1099 tax forms: Mailings Description Type of Investment 1 – January 31 Mailing Includes accounts with the simplest tax information and not subject to income reclassification...
Read MoreThe SECURE Act
Dear Client, As you may know the SECURE Act was signed into law on December 20, 2019. This landmark piece of retirement legislation could have an impact on decisions you may want to make regarding your retirement savings strategy. I...
Read More2020 Gains on 2019
Happy New Year! What a difference a year makes. One year ago the stock market was plunging and came perilously close to ending what has become the longest bull market ever recorded. In December 2018, dropping stocks were suggesting an...
Read MoreOutlook 2020
Hindsight is 20/20, but finding clarity in future uncertainty can be fuzzy. 2019 has been a very rewarding year for investors. One year ago after publishing Outlook 2019 we were all tested with market volatility, and that’s a...
Read MoreAround the Office- November 2019
While Thanksgiving is the obvious holiday we look forward to in November, there are two lesser known “holidays” of National Philanthropy Day (11/15) and Giving Tuesday (Tuesday after Thanksgiving) that also embrace the...
Read MoreNovember 2019 Market Commentary: Reaching New Highs
November 8, 2019 Dear Valued Investor: Turning the calendar from October to November brought more than trick-or-treaters, pumpkins, and leaves to rake. It also brought a wave of important economic updates that delivered more treats...
Read MoreDonating a Car to Charity
If you donate your car to charity, you may claim a tax deduction for the donation if you itemize your deductions on your federal income tax return. To get started, you'll need to pick a qualified charitable organization, determine the...
Read MoreCharitable Giving
Charitable giving can play an important role in many estate plans. Philanthropy cannot only give you great personal satisfaction, it can also give you a current income tax deduction, let you avoid capital gains tax, and reduce the...
Read More2019 May Be One of the Best Years Ever
“Everything is awesome, when you’re living out a dream.” The Lego Movie As the S&P 500 Index continues to flirt with new record highs, something under the surface is taking place that is making 2019 extremely special...
Read MoreAround the Office- October 2019
October is Breast Cancer awareness month and Small Business month. As many of you know my wife Carolyn is a breast cancer survivor. This is the most common cancer found in women globally. Speaking from experience, we encourage regular...
Read MoreA Letter to Clients - October 2019
Dear Valued Investor: Summer has turned to fall, and there’s already a little chill in the air. Three-quarters of the year is behind us now, and both stock and bond markets have had a strong year so far, although we expect to see...
Read MoreAround the Office- September 2019
September marked another start of the school year. Noah started his sophomore year of high school and Aden is now a seventh grader. Below is their mandatory first day of school photo. October is also a busy month for the Chorney...
Read MoreThe Dog Days of Summer
Dear Valued Investor: The Dog Days of Summer were on full display this past month, as a variety of concerns pushed stocks and bond yields lower. After reaching new record highs in late July, the S&P 500 Index dropped approximately 1.8%...
Read MoreAround the Office- July 2019
For July’s “Around the Office” we thought we’d share some of the things we like to do during the summer with you. We hope our ideas will inspire you to try something new- a new sport, a new restaurant or a trip...
Read MoreWelcome Sam Dombroski!
Each year Madison Financial Planning hires a new summer intern. We do this as part of our commitment to our community and to the field of Financial Planning. Our goal is to share our experiences as how we provide value to our clients...
Read MoreBack to the Garden 1969: The Woodstock Experience
Madison Financial Planning is proud to be a sponsor of the Back to the Garden 1969: The Woodstock Experience, a free concert that will be held on Saturday July 13, 2019 from 7 pm to 9 pm on the Town Green in Madison. “Back To...
Read MoreMidyear Outlook 2019
We are pleased to announce the release of the LPL Research Midyear Outlook 2019: FUNDAMENTAL: How to Focus on What Really Matters in the Markets, with investment insights and market guidance through the end of 2019. LPL Research...
Read MoreAround the Office- June
During the month of June we focused on summer fun. We decided this month would be a great time to share some of our favorite summer recipes with you- just in time for Father's Day, graduation celebrations and backyards BBQ's. Craig:...
Read MoreJune Market Commentary- Trade and Tariffs
Trade tensions have interrupted an unusually calm year in U.S. stocks. In May, the S&P 500 Index fell from an April 30 record high as the United States and China failed to reach a trade deal and escalated tariff tensions. The United...
Read MoreCongratulations, Graduates! What are your next steps, financially?
What recent graduates (and their parents) need to think about Spring is here, summer weather has begun (in many places), and graduation time has arrived. Across the country, students are finishing their high school, college, and even...
Read MoreMark's Retiring!
Mark joined Madison Financial Planning 7 years ago to transition toward retirement. He joined our firm knowing he had a partner who shares the same philosophy/values, with a focus on always placing the client’s interest first and...
Read MoreAround the Office- Meet our Moms
In the spirit of Mother’s Day, this month we have decided to introduce you to our moms. Being a mother is perhaps the hardest, most rewarding job a woman will ever experience. We are so incredible thankful for all the moms out...
Read MoreA Letter to Clients: May 2019
Dear Valued Investor: If it seems like the financial markets have been off to an unusually strong start to the year—you are correct. The S&P 500 Index has risen for four consecutive months, resulting in the strongest start to a...
Read MoreAround the Office- April 2019
During the month of April we focused on humor. Did you know that on average children laugh 300 times a day while adults laugh 20 times a day? Humor has many physical benefits of humor which include reduction of muscle tension which...
Read MoreApril Market Commentary: Signals We See in Q1 2019 Results
April 5, 2019 Dear Valued Investor: April brings showers, baseball, and historically, the best month of the year for the S&P 500 Index (for the last 20 years). On top of that, the S&P 500 had its best first quarter since 1998, and in...
Read MoreAround the Office- March
It is a busy time of year in the office helping clients with tax related questions on top of the everyday financial planning services we provide. Outside the office we’ve been just as busy. Kim and I continue to give back to the...
Read MoreMental Health Benefits
When you think of health insurance, you probably think of coverage for prescription drugs, visits to the doctor, hospital stays, surgery expenses, and the like. But your overall health also includes your mental health, so don't...
Read MoreOur Favorite Books
Craig: “Wit and Wisdom of Mark Twain” by Mark Twain (Author), Bob Blaisdell (Editor) Mark- My favorite book…hmmm…tough one. Fiction – The Exorcist, scared the heck out of me Non-fiction, which is mostly...
Read MoreAround the Office- February
During the month of February we focused on love, relationships and ways to keep your heart healthy. Based on the theme our team decided it would be a great month to introduce you to Carolyn, Peter, Jean and Mike. Craig While I enjoy...
Read MoreMore Good News
As this week’s Weekly Market Commentary suggested, over the near term equities appear quite stretched, but overall we continue to think the bull market has plenty of life left. Today, we’ll take a look at market...
Read MoreFebruary Market Commentary
Most of the country might still be in the throes of the winter, but after extreme cold throughout many parts of the United States, thankfully the weather has warmed up. Stocks followed a similar path, warming up in January after a...
Read MoreAround the Office- January
Dreary days got you down? Dark mornings, darker evenings, and chilly days in between mean winter is here — and with the coldest season sometimes comes the winter blues. Here are a few ways that the team at Madison Financial...
Read MoreStocks Bounced, Now What?
The big bounce off the December 24 lows continued last week, as the S&P 500 Index added 2.9% for the week. In fact, it has gained 2.9%, 1.9%, 2.5%, and 2.9% over the past four weeks for a total gain of 10.5%. Of course, the S&P 500 did...
Read MoreMadison Financial Planning's 2019 Resolutions
Craig: Take opportunity to acknowledge and appreciate when “all is well”. Continue to exercise and eat well. Continue to seek ways to simplify complex financial matters and make them more understandable for our clients....
Read More2018 Reflections
As I reflect on 2018, I’m going to show my age by saying “boy the year went by so fast”! Time can tend to get away from us. Now is a good time to make a renewed commitment to slow down, take a deep breath, and refocus...
Read MoreThoughts on the Outlook 2019
Dear Valued Investor: After a mixed first half of the year and a solid third quarter, stock markets weakened considerably in the closing weeks of 2018. Turmoil in the financial markets is never a pleasant experience for investors, and...
Read MoreAround the Office- December
AROUND THE OFFICE- DECEMBER 2018 Welcome to “Around the Office”. Each month we will be putting together a short newsletter about what is happening personally and professionally here at Madison Financial Planning. This month...
Read MoreOutlook 2019
We are pleased to announce the release of the LPL Research Outlook 2019: FUNDAMENTAL: How to Focus on What Really Matters in the Markets, filled with investment insights and market guidance for the year ahead. After nearly 10 years of...
Read MoreHoliday Traditions
The holidays are a time for family and traditions. Here are the team at Madison Financial Planning’s favorite holiday traditions. Craig : Our family has recently enjoyed the Christmas holidays in Vermont. Our hope is that we are...
Read More5 Takeaways from Current Volatility
Last week was a tough week for stocks, with the S&P 500 Index down 4.5%, the worst performance since March. So what are some things investors should consider? To help answer that question, here are five takeaways on the near-term...
Read MoreLooking Ahead to 2019
December 7, 2018 Dear Valued Investor: Another year is drawing to a close, but so far neither market volatility nor market-moving headlines have shown any signs of winding down. As we reflect on a challenging 2018 and look for bright...
Read MoreLEI-ding The Way to No Recession
The Conference Board’s Leading Economic Index (LEI) is one of our favorite economic indicators. It is designed to predict future movements in the economy based on a composite of 10 economic indicators (like manufacturers’...
Read MoreHappy Thanksgiving from Madison Financial Planning
I love this time of year and especially look forward to one of my favorite holidays, Thanksgiving. This holiday reinforces a focus of our firm, that is family and giving. Our team members have always been very active in the community....
Read MoreMidterms and the Markets
November 7, 2018 Dear Valued Investor: The potential outcomes of the midterm elections have been dominating the news cycle lately, and we know from history that the markets typically do not like uncertainty. With the Democrats taking...
Read MoreHandling Market Volatility
Conventional wisdom says that what goes up, must come down. But even if you view market volatility as a normal occurrence, itcan be tough to handle when it's your money at stake. Though there's no foolproof way to handle the ups and...
Read MoreA Penny Saved Is Two Pennies Earned
This modern twist on the Ben Franklin maxim reflects the multiplicity of taxes to which earnings are subject in today’s world.¹ Finding ways to manage expenses is one of the cornerstones of a sound financial strategy. Here...
Read MoreBirthday Reflections
I’m having a birthday this month. It is not a “milestone” birthday, but still a chance to reflect on life. I very much appreciate all my clients and I am thankful for the trust you have placed in our firm. I’m...
Read More5 Takeaways on October's Rough Ride
October has been a rough month for equities, but then again it’s historically been one of the most volatile periods of the year. “October is known for volatility, and we’ve sure seen it so far,” explained Senior...
Read MoreEstate Management Checklist
Tip: One key difference between a will and a living trust is when they take effect. A will takes effect when you die; a living trust takes effect when you execute it and begins to operate when you transfer assets to it. Do you have a...
Read MoreThoughts on the Market Sell-Off
Stocks just had their worst one-day drop since February, as a combination of higher bond yields, U.S./China tensions, nervousness over the upcoming midterm elections, six straight months of gains, and worries about peak margins this...
Read MoreKey Factors to Watch in Q4
The first day of fall may be in September, but the beginning of October is when that autumn feeling really kicks in. Whether you’re mourning the end of long summer days or embracing the return of pumpkin spice at your local...
Read MoreMidterm Elections and Stocks: Friends or Foes?
2018 continues to be a solid year for U.S. equities, even in the face of many well-documented concerns (we’re looking at trade worries and the flattening yield curve here). Want some good news? The calendar may quickly become a...
Read MoreSave the Date!
Please join us at the Madison Senior Center Wednesday September 12, 2018 5:30- 7:00pm MaryJo Walker, an Enrolled Agent, will review tax consequences associated with processing an estate, how to prepare a budget, and bill paying...
Read MoreAugust Market Review
As we look back on the month of July, the standout stories for the summer so far have been strong U.S. economic growth and surging corporate profits. Although tariffs continue to grab headlines and may raise investor concern, it...
Read MoreWelcome Andrew Goldfeder
Each year Madison Financial Planning hires a new Summer intern. We do this as part of our commitment to our community and to the field of Financial Planning. Our goal is to share our experiences as how we provide value to our clients...
Read MoreWelcome Terri Testa
Madison Financial Planning is very happy to introduce Terri Testa as our new Client Service Manager. Terri joined us in May and has been very busy getting to know our clients Terri brings extensive knowledge and experience to our firm....
Read MoreHow Do President Trump’s First 500 Days Rank?
As President Trump mentioned on Twitter yesterday, he has officially been in office for 500 calendar days. Although how he has done has led to many an argument at family dinners, it is easier to break things down from purely a market...
Read MoreBig Things Come in Small Packages
What a year 2018 has been for small caps. With the Russell 2000 Index up about 6% year to date versus the S&P 500 Index up only 2%, it has been quite the year so far for small companies. Tax reform is the big tailwind for the group,...
Read MoreMacro View
Daily Insights The impact of a 3% 10-year yield. The 10-year Treasuryyield continues to hover near 3%, but we feel this level is more important psychologically than it is for the bottom line of investors or borrowers. A 3% yield on a...
Read MoreAnother Near Record
As the calendar turns to May, it also means the current economic expansion is now 107 months old, officially marking the second-longest since World War II (WWII). As our LPL Chart of the Day shows, only the 120-month expansion of the...
Read MoreMacro View
Daily Insights Fed acknowledges inflation rise but doesn’t alter course. The Federal Reserve (Fed) largely met market expectations at the conclusion of its meeting yesterday, holding the fed funds rate at its current level and...
Read MoreHow Can Charlie Brown Help Investors?
“In the book of life, the answers aren’t in the back.” Charlie Brown Markets are not easy to navigate, as fear and greed can often get in the way of prudent investment decisions. As much as we would like a script to...
Read MoreAs Earnings Season Kicks Off, Should Investors Be Excited?
First quarter earnings season kicks off this week with several financial companies reporting results on April 12–13, and we are expecting another strong quarter of results. The S&P 500 Index has grown earnings at a double-digit...
Read MoreStocks’ Quarterly Win Streak Ends; Should Investors Worry?
Stocks fell slightly in the first quarter, losing 0.8% and ending the S&P 500’s nine quarter win streak. The return of volatility was the big story of the quarter, when the index suffered its first 10% correction since early...
Read MoreWhat's New at Madison Financial Planning?
We hope you are having a good start to 2018! Last year we announced our name change to Madison Financial Planning. The reason for the change was to emphasize the service we believe provides the most value in our advice relationship....
Read MoreWelcome Tanner Holbrook!
Tanner will be giving the Madison Financial Planning Team some assistance on an administrative basis. Tanner graduated from Boston University with a B.S. in Business Administration with concentrations in Business Law and...
Read More5 Key Facts About the New Tax Bill
5 Key Facts About the New Tax Bill The enactment of the Tax Cuts and Jobs Act (TCJA) represents “the most sweeping overhaul of the U.S. tax code in more than 30 years.”1 For millions of Americans and businesses it means an...
Read MoreNew Income Tax Withholding Requirements for Pension and Annuity Payments
Please click the link below to read the New Income Tax Withholding Requirements for Pension and Annuity Payments written by the State of Connecticut Department of Revenue Services. New Income Tax Withholding Requirements for Pension...
Read MoreHappy Thanksgiving
As we approach Thanksgiving, we want to take the opportunity to wish you and your family a happy & healthy holiday season. Last year we decided to extend our blessings to those less fortunate within our community in lieu of a holiday...
Read MoreYEAR END FINANCIAL PLANNING STRATEGIES
Now is an ideal time to consider year-end strategies that may benefit you, and plan for the year ahead. Please call us to discuss any ideas and questions. YEAR END FINANCIAL PLANNING STRATEGIES 1. Meet with Financial Planner: Review...
Read MoreAll about Craig
Since I ask my clients to share their most personal information about themselves and their families, it’s time for me to share “My Story”.
Read MoreKim's Favorite Place to Travel
Wow, it is not easy to pick my favorite place to travel. My husband and I took the opportunity to travel quite a bit before children (BC) and now we travel as a family.
Read MoreEquifax Data Breach: What Should You Do?
Equifax Data Breach: What Should You Do? Last week, one of the big four credit reporting agencies, Equifax, announced it experienced a security breach resulting in criminals accessing personal information of approximately 143 million...
Read MoreBusiness With a Twist Luau
A few weeks ago Madison Financial Planning hosted the Madison Chamber of Commerce Business with a Twist
Read MoreMidyear Outlook
Clink the link below for the LPL Research's Midyear Outlook 2017 video where Managing Director, Investor and Investment Solutions and Chief Investment Officer Burt White breaks down the key themes to watch, and provides recommendations...
Read MoreWHAT'S NEW?
We are thrilled to announce the new and improved "EVENTS" portion of the Madison Financial Planning website. Please check in and see what events Madison Financial Planning is hosting or sponsoring AND what other fun things are...
Read MoreBusiness with a Twist
The Madison Financial Planning Team is thrilled to announce that we will be hosting the Madison’s Chamber of Commerce Business with a Twist on August. 3. We have decided to put a summery spin on this monthly event and make it a...
Read MoreWhat's new??
In January, we announced our firm’s name change to “Madison Financial Planning” which highlights BOTH the Financial Planning and Investment Management services we provide. We also introduced our online Financial...
Read MoreWelcome Connor McShane!
Please join us in welcoming Connor McShane as our summer intern!
Read MoreWelcome to the Madison Financial Planning Blog!
Hello and welcome to our new website! As you can see we have a new name and a new look but with the same great team and commitment to exceptional customer service. We are thrilled with our new website and we encourage you to check out...
Read MoreThe Great Debate Continues: Active vs. Passive
Whether it’s sports, music or politics, life holds any number of “great debates” that never seem to reach a conclusion. In investments, that great debate asks the question, “Active or Passive Investing: Which Is...
Read More