Our Thoughts

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December 2017 Monthly Insight: The Importance of Sustainable, Predictable Inflation

Posted by on Tuesday, December 5th, 2017 in Investing, Market and Economic Updates, Monthly Insights | 0 comments

Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair. –Sam Ewing, former professional baseball player and All-American at The University of Tennessee   On Wednesday, November 9, Janet Yellen gave what was most likely her last testimony to the Joint Economic Committee as Chair of the Federal Reserve.  In her testimony, she stated that she felt the economic expansion is broad-based and that the economy will continue to expand, thus growing wages and incomes.  Yellen...

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7 Questions to Ask Your CPA Before Year-End

Posted by on Wednesday, November 29th, 2017 in Personal Finance, Wealth Advisors | 0 comments

Although tax season is still months away, tax management should begin in the fall – especially for high-income earners facing the 3.8% net investment income tax, AMT, and other taxes. Our handy, downloadable PDF contains seven questions that can help you open a discussion with your CPA and your financial advisor about next year’s tax bill. Have the discussion early in the fall so you still have time to make adjustments if necessary. Click the thumbnail below to...

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November 2017 Monthly Insight: Thoughts on Tax Reform and Stock Market Highs

Posted by on Wednesday, November 8th, 2017 in Investing, Market and Economic Updates, Monthly Insights, Personal Finance | 0 comments

“Don’t tax you, don’t tax me, tax that man behind the tree.” —Louisiana Senator Russell Long; former chair of the Senate Finance Committee (1966 to 1981) Tax reform The House Ways and Means Committee released H. R. 1, The Tax Cuts and Jobs Act, on Thursday, November 2. The House Republican bill provided some clarity in terms of specific breakpoints for tax rates, and details on which deductions would be eliminated or reduced. While this sheds some light on the direction tax reform is heading, the end result is still unclear. It’s not a...

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Deciding When to Retire: When Timing Becomes Critical

Posted by on Monday, October 30th, 2017 in Personal Finance, Retirement, Wealth Management | 0 comments

Deciding when to retire may not be one decision but a series of decisions and calculations. For example, you’ll need to estimate not only your anticipated expenses, but also what sources of retirement income you’ll have and how long you’ll need your retirement savings to last. You’ll need to take into account your life expectancy and health as well as when you want to start receiving Social Security or pension benefits, and when you’ll start to tap your retirement savings. Each of these factors may affect the...

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Health Care Checklist for Finding the Best Coverage

Posted by on Monday, October 23rd, 2017 in Personal Finance, Wealth Advisors, Wealth Management | 0 comments

Each fall, it’s important to review your health care needs and consider your available insurance options for the coming year. A recent survey found that 53% of respondents with employer-based coverage say they’re likely to keep their current plan. Only 37% review their health insurance costs annually. Doing nothing can end up being an expensive proposition for you. Many plans change cost and benefit options, so you may pay more in your current plan or significantly less if you choose another plan. Your decision during open enrollment will...

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