Olympic Golden Retirements

08/31/2021

With all that's happening globally, life insurance is something that's undoubtedly been on all our minds. Check out our latest blog on the topic!

Over the past year and a half, life insurance has been one of the most popular topics of discussion ...

03/02/2021

How Year-End Legislation May Affect Tax Season

In late 2020, Congress passed the Consolidated Appropriations Act, which included many tax provisions and extenders as well as additional COVID-19 stimulus relief. For example, the ability to deduct up to $300 in charitable contributions if the taxpayer doesn’t itemize has been extended for an add...

03/01/2021

Today marks the first day of Women’s History Month, a celebration of the essential and invaluable role women have played in our country’s history. We at Olympic Golden Retirements want to take this time to shout out the amazing women we care about, work with, and admire for all of the ways they empower and inspire us.

02/27/2021

How do demographics affect the economy?

Back in 2019, economists claimed that the large population of older Americans, dubbed the “silver tsunami,” was creating a drag on the economy. The fear was that Americans were aging toward retirement at a faster rate than young adults were entering the workforce. Not only does this put a strain...

02/25/2021

Real Estate: Trends & Predictions

The pandemic has changed our lives, our economy, and our workplaces in many ways. Looking ahead, its impact may be widespread and long term for a variety of industries. Nowhere is this more prevalent than in the real estate industry. In recent months, tech companies such as Facebook, Twitter, Square...

02/23/2021

What's the first rule of investing?

If you said “buy low, sell high,” you’d be correct. One major problem that often plagues our human condition is unrelenting optimism; even when the markets are at record-breaking highs, we continue to believe they’ll go even higher. This is where most investors fail, by not taking advantage ...

02/15/2021

A Time of Unprecedented Demand for Life Insurance

In 2020, we saw a record number of life insurance policies purchased in America. Life insurance has long been an invaluable tool in helping ease the financial burden of losing a loved one and has only grown increasingly more valuable in recent years. In the early days of the COVID-19 Pandemic, many....

02/12/2021

Health Care Spending During a Pandemic

In 2019, health care spending in the U.S. rose by 4.6%, for a total of $3.8 trillion. In fact, health care spending accounted for more than 17% of the economy. Spending accelerated in-hospital care, physician and clinical services, and prescription drugs (which represented 61% of total national heal...

02/08/2021

Required Minimum Distributions, RMDs, are back on this year for those of age in 2021, after being suspended in 2020 as an element of the CARES Act, which brought COVID relief to millions of Americans. Many clients have their RMDs set up to withdraw each year automatically. If you suspended or terminated your automatic distributions in 2020, be sure to check with your carrier or your advisor to be sure that your RMDs are back on schedule for 2021.

Learn how to make your RMDs work for you here:

02/07/2021

Since companies first competed to hire returning soldiers after World War II, employers have offered worker benefits such as health care insurance, retirement plans, and workers’ compensation. However, today’s workforce model has changed considerably. Between 2007 and 2017, the percentage of the...