Be Informed About Your Finances

You hear it all the time: you should make sure your retirement savings at least keep pace with inflation. But what is inflation and how does it really affect your retirement savings?

Global equity markets continued their rebound from the dismal first quarter of 2020 and by the time the second quarter closed, the major U.S. indices had marched to record quarterly gains.

While there is social unrest, geopolitical tensions, and negative economic data released almost daily, the major U.S. markets are trading at levels not seen since the very early days of COVID-19.

While investors are bombarded by negative numbers and negative headlines, it is surreal to consider that six weeks into the first quarter, the major U.S. indices were hitting new all-time highs. What a difference the final six weeks made.

The Coronavirus Aid, Relief, and Economic Security act (CARES Act) is the largest economic bill in U.S. history. It was designed to “provide emergency assistance and health care response for individuals, families, and businesses affected by the 2020 coronavirus pandemic.”

The Coronavirus Aid, Relief, and Economic Security act (CARES) is the largest economic bill in U.S. history. It was designed to “provide emergency assistance and health care response for individuals, families, and businesses affected by the 2020 coronavirus pandemic.”