“Ladies and gentlemen, this is your captain speaking. We’re expecting some turbulence ahead, so please return to your seats and fasten your seatbelts. It should only last a few minutes, and we anticipate a smoother ride thereafter.” How many times have you heard some version of this announcement while flying? Dozens—if not hundreds! It’s so common that most passengers rarely …
Let’s talk about money—because let’s be real, balancing student loans, saving for the future, and actually enjoying life can feel overwhelming.
Cornerstone Wealth Advisors, Inc., an independent wealth management and financial planning firm,announces the promotion of Michael Quattrochi, CFP® and Chase Walker, CIMA® to Partners.
Retirement income planning often centers around a key question: How much can I withdraw from my retirement portfolio? Striking the right balance is crucial: Excessive withdrawals can deplete the portfolio prematurely, while overly conservative withdrawals may result in a lower standard of living than desired. Our analysis revealed that this critical calculation is not one size fits all. Each retiree …
How much do elections impact the stock market and portfolio returns? Should they even matter to long-term investors? With November 5 approaching, these are key questions for investors. We analyzed over 90 years of data and found five ways elections influence the market: 1. Markets Trend Higher Regardless of Who Wins: Historically, which party is in power hasn’t significantly affected …
Welcome back to Cornerstone Conversations, where we provide insights into major discussion topics that we’re having with our clients and amongst our team. With the presidential election just one month away, we’re seeing a lot of concerns about its impact on the market. There’s a tremendous amount of speculation driven by emotion rather than logic. That’s why we feel it’s …
2024 has been full of highly anticipated events. We had the total solar eclipse in April, the Summer Olympics in July, and… (drum roll, please) interest rate cuts in September. While the latter may sound much less exciting, its impact on you is potentially more significant. By now, you’ve likely seen dozens of headlines regarding the Federal Reserve (Fed) making …
When it comes to saving for retirement, time can be one of your greatest allies. The sooner you begin, the longer your investments have to work for you. Getting started sometimes involves jumping over some mental hurdles. Point: Getting started in a retirement plan sounds like a difficult and complex process.Counterpoint: Actually, it’s never been easier to begin. You can …
One of the biggest challenges many people face when it comes to education is managing the financial burden. Fortunately, a 529 college savings plan can be a valuable tool. And these plans aren’t just for college anymore—now, they can also be used for K-12 tuition at private and religious schools. In addition, 529 funds can be applied to a wide …
Life is a continuous journey filled with significant milestones, personal growth, and unforeseen changes. As life progresses, your financial and insurance needs evolve, often shifting from year to year or decade to decade. Life insurance is a prime example of this. If you haven’t reviewed your life insurance policy recently, it might no longer align with your current circumstances. That’s …
