It’s finally Election Day. I, for one, am more than ready to see the end this very acrimonious cycle. I hope all of you eligible voters out there exercised your right to vote. Remember if you don’t vote, you don’t have much cause to complain about the outcome. :-)
Venturing over to the investment side of things today by posting the following table, which catalogs the S&P 500’s performance on the day of and day after each presidential election...
If Life Had a Rewind Button…
In life, our biggest regrets are often things we didn’t do rather than what we did – not spending enough time with family, not seeing the world as much as we would have liked, or not going after the “dream job” and settling for the safe one.
This also holds true for some of our biggest financial regrets....
Annual Limits Updated for Retirement and Estate Plans
This week the IRS issued Notice 2016-62, updating the retirement plan limits for the year 2017. Like with Social Security, limits associated with retirement plans (and estate planning, for that matter) are increased based on the government inflation calculation. A very modest increase in inflation means a small increase for some limits from 2016 to 2017....
Can You Afford It?
As I’m sure some of you are aware, a government report released this week confirmed that premiums for those purchasing healthcare through federal exchanges (also referred to as Obamacare) are set to rise an astonishing 25% in 2017, making the “affordable” part of the Affordable Care Act a little less so....