Terry Savage’s Archives
Below you will find the columns terry has written by date.
Below you will find the columns terry has written by date.
A New Look at Retirement Planning
The recent economic, financial and social changes in our country have impacted not only our investments and financial planning but our entire view of the future as well. From a personal finance perspective, the current job losses will make it more difficult for many to retire on schedule, send children to college and make mortgage..
Markets & Money Update 6/3
As the stock market steams ahead today, the disconnect between our social and economic problems looms larger. Clearly, the economic recovery has been set back by the civil unrest that has destroyed so many business districts around the country. (No social commentary here -- just the economic facts.) And the sad fact is that many..
IRA Updates
It’s safe to open your eyes now, and time to take a peek at your IRA. Whether you’re still contributing or thinking about withdrawals, there are some changes to the rules and some opportunities for planning. RMDs As part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, you won’t have to take a..
Power Play: Fed & Government
Who can do the most to help the economy recover: the Federal Reserve or Congress? Ironically, the economic question may be dominated by science. A vaccine to combat COVID-19 could do more to solve our financial problems than anything the Washington powers can create. A vaccine would not only be a health solution in the..
Unemployment Soars, Stocks Rise?
How is it possible that unemployment is soaring, GDP is crashing, major retailers are going bankrupt, the word Depression is used regularly, a pandemic still rages -- and yet the stock market is making headlines on the UPSIDE? The glib answer is that the economy is re-opening and the market is looking ahead, past the..
College Decisions and Coronavirus
For the first time in memory, students have the upper hand in college admissions – but only if they have enough money to play that hand. It’s no secret that as the traditional May 1 deadline for confirming attendance and posting deposits is being extended. Colleges have grown more concerned about two key problems: how..
