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Slavic401(k) Blog

Retirement Path

Financial Planning, Retirement

Adulting 101: 4 Financial Lessons for Young People

10/15/21 9:00 AM

Growing up comes with many perks, like living life by your own rules, buying a car, getting a job, living with friends and so much more. While it’s easy to get carried away by the benefits, there are also some financial realities that young adults are faced with as they transition into adulthood.

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Markets, Retirement, Economy

Economic Update: Housing Market

10/11/21 11:26 AM

Existing home sales fell 2.0 percent in August, according to the National Association of Realtors. That was a slightly larger decrease than analysts expected but the miss was mainly a result of the previous month’s gain being revised higher.

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Markets, Financial Planning, Retirement, Economy

Third Quarter Market Wrap-up from John Slavic

10/8/21 8:00 AM

For more than a year, the markets have been fueled by low interest rates, quantitative easing (the Federal Reserve injecting money into the economy) and stimulus and relief legislation from the Federal government aimed at easing the cost of the shutdown following COVID. About two months ago, the Fed began signaling that both quantitative easing and low rates would begin reverse course, and further stimulus from the Federal government seemed to be stalled with the much-debated Infrastructure Bill being bogged down in Congress. Both sources of easy money seemed to be running out of steam to keep the engine of the economy and the stock market running in high gear. Consequently, the market has been choppy over the last month or so, with more down days than up.

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Markets, Retirement, Economy

Economic Update: Household Net Worth

10/4/21 8:00 AM

The Federal Reserve recently released the Flow of Funds (Z.1) data for the second quarter of 2021. Among the many things contained within the report, the Fed revealed that U.S. household (and non-profit group) net worth rose by $5.8 trillion in Q2 to a total of $141.7 trillion, a 4.3 percent quarter-over-quarter jump and a new all-time high.

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Markets, Financial Planning, Retirement

Investing in the Stock Market: Basics You Need to Know

10/1/21 9:00 AM

Saving for retirement is a concern for many, and while there are multiple ways to establish and maintain savings for your future, investing in the stock market is only one of them.

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Financial Planning, Retirement

The End of Social Security: What it Means for Your Retirement

9/24/21 9:01 AM

The recent news of declining Social Security Administration funding has many Americans concerned for their retirement.

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Financial Planning, Retirement

Retire By 45: 5 Tips to Achieve Early Financial Freedom from The FIRE Movement

9/3/21 9:00 AM

Could you retire early? There are many who believe the age for retirement is most appropriately post-age 45. Surely, it’s possible with proper planning from the very beginning. But how?

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Financial Planning, Retirement, Economy

6 Podcasts for Financial Wellness

8/25/21 9:36 AM

Whether you’re creating a budget, saving for retirement, establishing a debt payoff plan, or sending your child to college, everyone can learn a thing or two when there are financial experts at your fingertips.

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Retirement

Are You Turning Down Free Money? Everything You Need to Know about Employer Match 401(k) Plans

7/29/21 10:00 AM

Saving for retirement is an important part of any budget, and if you work at a company that offers employees the opportunity to participate in a 401(k)-retirement plan, then you’re already two steps ahead.

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Markets, Financial Planning, Retirement, Economy

Second Quarter Market Wrap-up from John Slavic

7/23/21 3:02 PM

This week, the market initially swooned as fears of an upsurge in the COVID-19 variant “Delta” threatened a renewal of shutdowns in various parts of the country. The market fell sharply on Monday, but then spent most of the week regaining lost ground, ultimately turning positive as the market found its footing. This week, several key companies reported earnings, many of which reported better than expected results. Today, both the S&P 500 and the NASDAQ sit at record highs in inter-day trading.

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