A major piece of legislation, referred to as SECURE Act 2.0, is set to become law in 2023. This lengthy piece of legislation (over 4,000 pages) includes a number of retirement provisions that improve upon current law and are worth noting. Below are the most important items and changes to be aware of for retirees and those…
As we’re wrapping up 2022, it’s a great time to review your financial and tax strategies to ensure you’re being efficient with your resources and taking advantage of any rule changes in the new year. For our clients at Stone Pine, these are some of the things we review and consider on your behalf. 1. Retirement contributions …
As we present you with the third quarter market review we’d like to draw your attention to two items in this report: As always, The Impact of Diversification slide gives us a long term perspective which is all the more important to see during a downturn in the market. We also included an article at the end…
Read our Fall 2022 edition of our newsletter, Retirement in Focus.
As experts in retirement planning, we are constantly engaged in conversations about the dollars and cents surrounding retirement, helping our clients to answer questions such as: Will I have enough money to retire? What’s the most tax efficient way to take retirement income from my portfolio? What do I do when we experience a market downturn during…
The downturn in the stock and bond markets continued during the second quarter of 2022. Although consumer sentiment may seem bleak at times, we think it’s very wise for all of us to “zoom out” and look at the long-term returns on page 4 of our Quarterly Market Review. The US stock market has still averaged more…
The topic of inflation is impossible to avoid these days whether you are witnessing increasing prices of goods at the store or reading about inflation in the news on a daily basis. To compound matters, the stock market is down nearly 20% in value since the beginning of 2022 and the bond market is down nearly 10%…
The past few months have been marked by lots of volatility and a downturn in the markets. During these market downturns, it can be helpful to take a bird's-eye view and get some perspective. The graph below shows the percentage return for the stock market each year from 1926 through 2021. When you zoom out and look…
Geopolitical unrest, like military or economic conflicts, is one of the many risks that can affect the stock market. Such events are not new and have occurred many times over the course of the last several decades. Our investment approach centers on using information in current market prices rather than trying to outguess them. We believe the most effective way…
We will cut right to the chase, on Wednesday the Social Security Administration announced that 2022 will bring a 5.9% increase to Social Security payments. That's the biggest increase in 40 years!The average benefit will have a cost-of-living increase of $92 per month, while for someone receiving a $2,500 per month benefit they will see an increase of…