Carrigg Wealth Advisors

12/11/2024

https://ow.ly/i17X50UptKl

"Anticipated 10-year annualized returns for U.S. equities fell 0.4 percentage points as of November 8, 2024, to a range of 2.8% to 4.8%, reflecting hefty valuations. Our expected returns for U.S. aggregate bonds declined by 0.2 percentage points, to a range of 4.3% to 5.3%, reflecting broadly lower starting yields. "

Here are the returns and volatility levels we believe investors should expect from the financial markets in coming years.

12/01/2024

Great perspective, as always, from our friends (and friendly competitors) at Creative Planning.

Podcast Episode · Down the Middle · 11/26/2024 · 18m

11/19/2024

Post Election Market Outlook

04/18/2024

Steward Partners Announces Monaco Capital and Saling Simms Acquisitions, Sustaining Rapid Firm Expansion.

Read more here: https://ow.ly/F3k850Rja3x

04/04/2024

Don't shoot the messager, but I think younger people will need to have 70 as their target retirement date.

https://ow.ly/xBJX50R8jKO

As a record number of Americans will turn age 65 in the coming years, that is no longer the traditional retirement age.

02/10/2024

Wise words from Ben Carlson: "It’s fine to have views on the economy. It’s fine to listen to other people’s views on the economy. It’s rarely helpful to act on those views when it comes to your portfolio."

If Jerome Powell and Paul Tudor Jones can't forecast the economy why would you?

01/06/2024

https://money.usnews.com/credit-cards/articles/credit-cards-vs-debit-cards-what-should-i-use

"Credit cards are superior at keeping your money safe, but debit cards are better for reining in spending."

Credit cards are superior at keeping your money safe, but debit cards are better for reining in spending.

12/06/2023

"The Fed doesn’t matter as much as you might think when it comes to something as big and complex as the $27 trillion U.S. economy or the $50 trillion U.S. stock market."

These were some of the prevailing narratives from the post-GFC world: We only had a bull market in the 2010s because of the Fed juicing the economy. The only reason tech stocks did well is because of low interest rates. The only reason stocks kept recovering from every correction so quickly is becau...

12/05/2023

The NYT's The Daily produced a helpful podcast discussing renting vs owning. It's probably most beneficial for the children of our clients. Bottom line, sometimes renting is the answer, particularly for younger people.

‎News · 2023

10/31/2023

Sometimes, early retirement is forced on us, even if that wasn't the plan.

In 2023, 35% of people who said they retired earlier than planned did so because of a hardship like a health problem or disability, according to EBRI. Another 31% did so due to changes at their company.

There's often a big gap in expectations versus reality when it comes to retirement age.

10/24/2023

Do you have a child or grandchild who just headed off to college? Healthcare providers are not legally permitted to disclose a patient’s medical record or even discuss their health status or treatment recommendations with anyone—even the parent of a young adult who is still on their parent’s health insurance plan.

No longer a minor, your child is an adult in the eyes of the law. Here are the documents you need to protect them in case of emergency.

10/17/2023

Our Massachusetts clients just got some long-awaited tax relief. Thanks to our friends at Baker Newman and Noyes for the summary.

Governor Maura Healey (D) signed a long-awaited Massachusetts tax relief package into law on October 4, finalizing proposals that we first reported on