Since the advent of the Great Financial Crisis in 2008, catalyzed by successive rounds of quantitative easing and ever more stimulative monetary policy from the Federal Reserve, we have found ourselves in an environment of extremely low interest rates. In this environment, fixed-income investors and savers seeking stable income streams have been punished, receiving ever [...]
Inflation is the sustained, upward movement of prices in an economy. It is not defined by the price changes of a single item, rather it measures the general trend of prices paid for a wide range of goods and services, reflected by an index like the Consumer Price Index (CPI). Generally speaking, prices for things [...]
Even the most comprehensive retirement planning strategy can get sidetracked if you fall victim to a phenomenon known as lifestyle creep. Lifestyle creep, sometimes called lifestyle inflation, is the term used to describe the phenomenon wherein your expenses grow at the same rate as your income. It happens to everyone but, left unchecked, it can [...]
You’ve worked hard to get where you are – why shouldn’t you take every possible step to preserve as much of your wealth as possible? Working with a financial consultant or advisor is one of the best ways to reduce your risk and financial liability, helping you grow your personal wealth as safely and quickly [...]
