With thirty-year mortgage rates dipping below 4% again recently, many homeowners are wondering what, if anything, they should be doing with their home loans. Maybe you’ve been prepaying it and you wonder if recasting or refinancing is right for you?
Happy 529 Day! On May 29, the college savings industry celebrates the day as a way to spread the word about the positive benefits of saving for college with a 529 account. Although these plans have been around for decades, they still exist in relative obscurity. The investment research firm Morningstar estimates that only 16% of parents with children younger than college age are saving in a 529.
It’s hard to avoid seeing news about the ongoing US-China trade conflict. In light of this turmoil, we thought we’d take a step back and examine exactly how tariffs work, who pays them, and how trade disputes like this have played out in the past.
Doug Johnson, senior investment strategist at Green Township-based HCM Wealth Advisors, said the market’s drop was exacerbated by stocks trading at or near all-time highs when the trade battle escalated. Any sign of the U.S. and China softening their stances could stabilize the market, he said.
The idea of an “Ideal Retirement” has been revolutionized in recent years. Before, folks would work for the same company for forty or fifty years, then go home and stay there. However, many of today’s retirees are getting restless. Many have taken up a second or “encore” career. You could too, if the idea tickles your fancy.
Americans face a retirement crisis. Could Congress come to the rescue?