Grandparents: Don’t Sacrifice Your Future for Your Grandchildren


It’s amazing how some people sacrifice their own financial well-being for their children or grandchildren. A TD Ameritrade survey has revealed that 75% of grandparents have given more than $4,500 on average to children, while 81% have given more than $2,300 on average to grandchildren in the last year. With this, 47% of grandparents have […]

Read more

Some thoughts as the Dow reaches 20,000


A 20,000 Dow – What does it mean? As with any milestone number, the Dow approaching 20,000 has many people excited but not sure what to do.  Should we buy in now because the stock market will go higher?  Or should we take gains to free up cash in case the market declines?  The simplest […]

Read more

First Victory for the Fiduciary Rule


An early victory was scored for consumers last week when a federal court refused to place on hold the U.S. Labor Department’s “Fiduciary Rule.”  The rule, which will take effect next April, requires anyone giving advice on retirement accounts always to act in the best interests of their clients.  The ruling involved a case filed […]

Read more

Changes to Social Security and the Impact on you


After receiving no cost-of-living adjustment (COLA) for 2016, the Social Security Administration announced on Tuesday, October 18th that benefit recipients shall receive a 0.3% COLA for the 2017 year.  This means an individual who received $15,000 in Social Security benefits for 2016, will now receive $15,045 for 2017.  These adjustments are made to keep pace […]

Read more

Is it time to flee short-term bonds?


We couldn’t have said it any better than Catherine Gordon of the Vanguard Investment Strategy Group: “I also think that we often talk about trying to time the stock market. You know, is the market going to go up, is it going to go down? But trying to time the bond market is just as […]

Read more

Mentor Monthly Missive – December 2014


Mentor Monthly Missive – December 2014

Read more

www.ChicagoFeeOnlyFinancial.com


We are happy to announce the launch of a new website focusing on Fee-Only financial planning in the Chicago area. In cooperation with seven other advisors, John Davis and Dan Carey hope to make it easier for consumers to get objective advice about managing their personal finances. We are committed to providing these services to […]

Read more

Mentor Monthly Missive – November 2014


Mentor Monthly Missive – November 2014

Read more

Mentor Monthly Missive – October 2014


Mentor Monthly Missive – October 2014

Read more

Mentor Monthly Missive – September 2014


Mentor Monthly Missive – September 2014

Read more

1 2 3 5