Asset Advisory Services

10/03/2024

With the oldest members of Gen X turning 60 and the youngest in their peak earning years, now is the moment to get serious about retirement planning. Discover the key steps to maximize savings and prepare for Social Security here: https://bit.ly/47Y0v5h

Gen Xers still have some time – but not a ton – to plan for retirement.

10/02/2024

From consumer confidence to durable goods orders, we've got you covered. See how the economy performed last week and what to expect this week in the latest Economic Release Snapshot from Commonwealth director, fixed income, Sam Millette: https://bit.ly/4eohCzI

What does the latest data reveal about the state of the U.S. economy? Commonwealth's Sam Millette breaks down the numbers in his Economic Release Snapshot.

10/01/2024

Think you need $1 million to retire? It really depends on your lifestyle and financial plan. Factors like Social Security, pensions, and annual income needs are crucial in determining your ideal nest egg. Learn how to calculate your retirement number: https://bit.ly/3zrPpsE

What you need to be comfortable in retirement won't be the same as what your neighbor might need. Here's a scenario in which $1 million might be enough.

09/26/2024

Shocking stat: 1 in 4 Americans have zero emergency savings, with inflation making it harder to set money aside. Experts recommend having at least three months of living expenses saved. Learn how to build your rainy-day fund: https://bit.ly/3N2WYsA

Do you have money saved for a rainy day? Putting aside an emergency fund can be an essential element of larger savings goals so that when unplanned expenses and emergencies hit, you’re ready for them. But for many Americans, that’s easier said than done. Madeline Spencer-Orrell is working hard t...

09/25/2024

Women face unique challenges in estate planning, from longer lifespans to lower lifetime earnings. With $30 trillion expected to shift to women in the next decade, now is the time to ensure your assets are protected. Learn key strategies: https://bit.ly/4eDcNSR

Yes, estate planning for women is different than for men. And it's crucial for women's financial and physical health.

09/24/2024

Teaching your kids about money could save you from future financial headaches. Experts suggest discussing spending habits, offering allowances, and even turning savings into a competition. Learn creative ways to make finance fun for children: https://bit.ly/2yZFlnw

Set your kids up for long-term financial success by teaching them early about money.

09/19/2024

Recent market challenges may have you wondering where we’re headed in the coming months. Check out Commonwealth CIO Brad McMillan’s latest Beyond the Numbers webinar to learn about last quarter’s market trends and the implications: https://bit.ly/4cdJOn3

This is "Quarterly Commonwealth Call - Beyond the Numbers - August 2024" by Commonwealth Financial Network on Vimeo, the home for high quality videos and…

09/18/2024

Big changes are on the horizon for the U.S. economy as the Federal Reserve is expected to cut interest rates for the first time since 2020. Find out why the timing is right and how this decision could impact consumers, businesses, and the overall economy: https://bit.ly/3TwlSEU

It’s a pivotal week for the US economy, with the Federal Reserve expected to cut interest rates for the first time since 2020. The move would mark a major milestone both for the central bank’s long fight with inflation and for Americans battling a higher cost of living for the past two years.

09/17/2024

Death is inevitable, but financial security doesn't have to be. Life insurance can benefit even those without dependents or debt. Check out these surprising reasons to consider coverage: https://bit.ly/3zhfL0h

Just because you have no dependents and no debt doesn't mean life insurance wouldn't come in exceedingly handy for someone in your life or even a charity.

09/12/2024

Just like the Kansas City Chiefs, the S&P 500 faces high expectations. The Magnificent Seven continue to lead, but can they keep up the pace? Check out the Q2 2024 Earnings Season Review from Commonwealth senior investment research analyst, Rob Swanke: https://bit.ly/4ejV0zL

Are the biggest companies still driving the market? Commonwealth's Rob Swanke looks for answers in his Q2 2024 earnings season review.

09/11/2024

Long-term care costs are rising, and half of Americans over 65 will need assistance as they age. From insurance to home equity, more options than ever exist to help you maintain control of your future. Find out how to secure the best financial path: https://bit.ly/4cYcDUL

The earlier you start planning, the more control you have over your future, empowering you to make informed decisions and feel more secure.

09/10/2024