After an extremely strong third quarter for equity returns, sentiment quickly turned negative in October as investors grew wary over 2018 being the “peak” year for growth. “Peak growth” refers to the maximum rate of expansion for this cycle, not an end to growth for the economy or corporate profits.
Approximately 30 percent of taxpayers itemize deductions, according to the Tax Policy Center of the Urban Institute and Brookings Institution, and roughly 82 percent of itemizers reported charitable contributions.
As the weather turns from hot and humid to cool and crisp, we often think of things we want to accomplish before the end of the year. Like leaves piling up in the yard, it usually feels like as soon as one item is crossed off your list, it is replaced by three more.
This is actually a trick question. Because every client eventually asks it and every answer is, of course, different. It is our job to make sure that our clients meet and/or exceed their retirement goals, including timing of retirement and desired spending levels.