Financial Planning Forbes Investing Investing During a Crisis Managing Risk Retirement Planning

Can You Plan For A Stock Market Crash?

Could you have planned for this? Investors of all ages are thinking it: could I have done anything to protect my investments from the swift market decline as a result of the COVID-19 fallout? This question is especially relevant for individuals who planned to retire in the next year, as…

Kristin McKennaApril 21, 2020

Asset Management Forbes Investing Investing During a Crisis Managing Risk

What Happens to the Stock Market After a Recession?

One of the most pressing questions for investors right now is where does the stock market go from here? A recovery following the global downturn in the markets could take many shapes and history can serve as a guide for how long it could take the financial markets to bounce…

Kristin McKennaApril 8, 2020

Forbes Investing Investing During a Crisis Managing Risk Rebalancing

Should You Rebalance Your Investments When the Market is Up or Down?

Whether the market is setting new highs or in the midst of a downturn, investors need to think a few steps ahead to ensure they're prepared when current conditions change—that's where rebalancing comes in. During periods of extreme market volatility, like March 2020, retirement accounts and taxable investment accounts can…

Kristin McKennaApril 6, 2020

Debt Management Dentists Doctors Forbes Interest rates Student Loans

Low Rates Create Big Opportunity to Refinance Student Loans, Particularly for Doctors and Dentists

According to a recent NerdWallet household debt study, dentists and doctors have some of the highest student loan debt balances compared to other types of professionals. At any income level, managing a six-figure debt load can be very difficult. To further complicate the matter, many doctors and dentists already have…

Kristin McKennaApril 2, 2020

Forbes Tax & Estate Planning Trusts Updated for 2021

Do I Need a Trust If I Have a Will?

A will and a trust are two different estate planning tools. Consider a will like a high-level set of instructions for after you pass away. You generally use a will to name the executor of your estate and guardianship for your children. Although you can leave assets to your heirs…

Kristin McKennaMarch 31, 2020

Asset Management Building Wealth Cash Management Diversification Forbes Investing Investing During a Crisis

Here’s How You’ll Know It’s a Good Time to Invest

The COVID-19 outbreak has affected us all in some way at this point. If you're lucky enough to be bored but employed, you might be wondering whether it's an opportune time to put money in the stock market or wise to keep up with your regularly scheduled contributions to a…

Kristin McKennaMarch 28, 2020

Asset Management Forbes Investing During a Crisis

How to Prepare Your Finances for a Recession or Prolonged Market Downturn

How can you prepare your finances for a recession? Getting your finances in order for an extended period of economic difficulty or losses in the stock market will depend on your life stage and financial situation. The coronavirus outbreak has already significantly impacted the economy and financial markets, leaving investors…

Kristin McKennaMarch 27, 2020

Debt Management Forbes Interest rates Mortgages Real Estate Updated for 2021

With Mortgage Rates So Low, Is Now a Good Time to Refinance?

With 30-year fixed mortgage rates currently averaging below 3%, it might make sense for homeowners to consider refinancing. Depending on several factors, such as your current interest rate and age of your existing mortgage, refinancing could mean a lower monthly payment and big savings over the life of the loan.…

Kristin McKennaMarch 26, 2020

Asset Management Current events Forbes Investing Investing During a Crisis Managing Risk

The U.S. is in a Bear Market. There Could be a Recession. But This Isn’t 2008.

Are We Headed For Another Financial Crisis? It happened on March 11th: after 11 years, the S&P 500 once again entered a bear market. Defined as a decline of 20% or more from recent highs, this is the first bear market for the popular stock index since the 2008 financial…

Kristin McKennaMarch 21, 2020

Forbes Retirement Planning

The Next Big Retirement Threat – Keeping Your Job Past 50

A study from the Urban Institute tracked over 20,000 adults over age 51 between 1992 and 2016 to identify trends in employment. The findings revealed that over half of full-time workers over age 50 experienced involuntary employer-related job separation with their long-term employer, leading to prolonged unemployment or a reduction…

Kristin McKennaMarch 19, 2020