May 15, 2017 Weekly Economic Update
The pace of retail purchases hastened by 0.4% last month, and the Bureau of Economic Analysis revised the 0.2% March retreat into a 0.1% gain.
The Rough Consequences of Not Saving for Retirement
The Government Accountability Office says 29% of households headed by people 55 or older have no retirement account and no employer pension.
May 2017 Retirement Insight
Senior advocates argue that the Consumer Price Index for the Elderly (CPI-E) should be used instead of the CPI-W, especially since medical costs have risen.
What Are Your Odds of Being Audited?
Fewer than 1% of Americans have their federal taxes audited. The percentage has declined recently due to Internal Revenue Service budget cuts.
May 8, 2017 Weekly Economic Update
The Institute for Supply Management’s April purchasing manager index dipped to 54.8 from 57.2; ISM’s non-manufacturing PMI rose 2.3 points to 57.5.
May 2017 Monthly Economic Update
The Conference Board’s index declined to 120.6; the University of Michigan’s household sentiment index ended the month at 97.0.
May 1, 2017 Weekly Economic Update
Upbeat earnings news and talk of corporate tax cuts also aided the S&P 500 – that index rose 0.91% for April, capping things off with a 1.51% weekly gain.
Good Retirement Savings Habits Before Age 40
What can you start doing today to make that effort more productive, to improve your chances of ending up with more retirement money, rather than less?
Should You Apply for Social Security Now or Later?
Looking at Social Security Income. Should you apply now to get earlier payments? Or wait for a few years to get larger checks?
April 24, 2017 Weekly Economic Update
EXISTING HOME SALES HIT A 10-YEAR PEAK, CONSTRUCTION ACTIVITY WANES, LIGHT SWEET CRUDE SLIDES 7% IN 5 TRADING DAYS, STOCKS END CHOPPY WEEK HIGHER
