Have you considered that housing might be the largest part of your household expenses in retirement? A report from the Social Security Administration will give you details of where your money will go in your retirement years. Read about this and more in our April issue.
Stocks just couldn’t be stopped in March. The S&P 500 rose 3.60%, all the way to a new record close of 1,569.19 on March 28. The Dow and Russell 2000 reached all-time peaks as well. Even with sequester cuts affecting the federal budget and the payroll tax holiday a memory, the Commerce Department’s latest consumer spending data showed Americans spending, saving and earning more. Read more in our April economic update.
With the federal budget cuts that are scheduled to take place, where and how soon might cuts be made? Also in this issue, did you know that there are sixteen preventative services that are fully covered for adults under the Affordable Care act? And what does a Dow Jones record high mean? Read more in our March newsletter.
As February ended, a central question seemed to preoccupy Wall Street: “When will the Dow hit a new record high?” Nothing seemed to shake the Street’s upbeat mood. Read more in the March Economic update.
For many Americans, the Dow equals the stock market, and the stock market is a direct product of the economy. It doesn’t quite work that way, of course.