Fed Rate Cut & Election Wrap-Up - Key Takeaways: Here are some key takeaways: 1. Markets prefer certainty: The stock market tends to react positively after major events like elections, regardless of the outcome, as it reduces uncertainty. 2. Multiple factors...
Cost of Living Adjustment Social Security for 2025 Some key takeaways: 1. COLA Cost Of Living Adjustment Social Security for 2025: The COLA (Cost of Living Adjustment Social Security) in 2025 will be 2.5%. 2. Cumulative increase since 2021: The average monthly...
Mutual Fund Capital Gains in 2024 Here are some key Takeaways: - Capital gains distributions can happen even in years when the market is down, as seen in 2022 - Owning mutual funds in retirement accounts (401k, 457 plan) doesn't have immediate tax implications for...
The Required Minimum Distribution - 2024 version Here are some key takeaways: - RMDs are calculated based on the account balance on December 31st of the previous year and an IRS life expectancy table. - The RMD amount changes yearly due to changes in account balance,...
Out Earn Social Security? Here are some key takeaways: 1. Social Security benefits increase by 8% per year if delayed until age 70, which is a guaranteed return compared to the potentially higher - but riskier - stock market returns. 2. On a risk-adjusted basis...
Meeting with a Financial Planner: what to expect Key takeaways: 2025 will have the most people ever turning 65 years old in America, with 4.18 million people reaching that age The average 401k balance at the end of 2023 was $272,588 The average Social Security check...
Does it make sense to move money from savings to the stock market because yields are falling? Interest rates on things like CDs, high-yield savings accounts and money market funds look like they will continue to fall due to the Federal Reserve lowering interest rates....
The Next ETF In this episode of Mullooly Asset video and podcast, Casey & Tom discuss an article by Jason Zweig that questions the expansion of exchange-traded funds (ETFs), and ponder the question, "What will be the next ETF?". They explain what ETFs are, how...
Cutting Rates, the Yield Curve, and Social Security In this episode of the Mullooly Asset Video and Podcast, the team experiments using Squadcast to record their session. The discussion centers on the upcoming Federal Reserve meeting and the potential interest rate...
The 401k is a great way to save money for your retirement. The tax advantages and ease of payroll deductions make it a no brainer. But what happens if you want to retire early? Or you want to remain under certain income thresholds in retirement? Should you put all...
