What We Worry About

Retirement Planning A recent survey found that about 50% of couples do not agree on how much money they should have saved by retirement. However, new research shows that couples who engage in financial planning together tend to be happier and more successful during retirement. Interestingly, couples that score highly on cognitive interdependence (meaning they…

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Where Do My State Taxes Go?

written by Erik Schuster CFP®, Financial Planner   We have all asked the question, “Where does my tax money go?”  While I am not going unravel that very complicated and most likely unfortunate scenario, I am going to introduce a way you can direct your Pennsylvania state taxes. Pennsylvania sponsors two programs that allow taxpayers…

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How Could Inflation Affect Your Retirement?

In recent months, Procter & Gamble has raised prices for its Tide, Gain, Downy and Bounce product portfolio. It recently announced that this spring, consumers also will start paying more for many of its personal health care brands. The company is hardly alone. Nestle, Danone, Unilever and other consumers goods giants say their prices will…

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Medicare Cost on the Rise

February 2022 In November 2021, the Center for Medicare and Medicaid Service (CMS) released the 2022 premium amounts. If you are currently on Medicare or approaching Medicare age, you most likely took notice. The CMS announced a 14.5% increase to Part B medical coverage. The new amount will be $170.10, up from $148.50 in 2021.…

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Travel Updates: What’s Changing

  I’m a U.S. Citizen. Where in the World Can I Go? Posted by CopyTeam   Are you experiencing longings of wanderlust? Ready for some cultural travel? Unfortunately, the outlook for the United States has changed dramatically, thanks to the uncontained spread of COVID-19 and stalled vaccination efforts.   The worst part is that other…

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The Fed’s Beige Book

  October’s Beige Book Entries Tackled Everything from Skyrocketing Wages to the Desperate Search for Workers Posted by CopyTeam   The Federal Reserve wields a fair amount of power in the U.S., with reverberations that can affect the broader global economy. The Fed’s job is to monitor and adapt monetary policy to support favorable economic…

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Who’s Paying Higher Prices?

  Some Companies are Absorbing Costs — U.S. Companies Bet Shoppers Will Keep Paying Higher Prices In the Long Run Posted by CopyTeam   You may have noticed higher prices on the things you buy regularly, like groceries and gas. However, many consumers may not realize that economic factors such as backed-up supply chains, extreme…

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Gen X Prepares to Ascend the Throne

  The often-overlooked generation saw robust gains in equities and pension entitlements during the pandemic Posted by CopyTeam   Generation X, comprised of adults between the ages of 40 and 55, have entered their prime earning years while at the same time enjoying a bull market for stocks. This demographic represents about a quarter of…

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Should I Stay, or Should I Go?

If the current climate has you thinking about early retirement, ask these three questions first Posted by CopyTeam   Retiring in your 50s or early 60s during a global pandemic might seem foolish. But if you have a job that can’t be done safely from home, the reality of not retiring early might be even…

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