Terry Savage’s Archives
Below you will find the columns terry has written by date.
TIPS Tackle Inflation
We shouldn’t be surprised when inflation returns to impact our lives — both in our spending decisions and in our investment decisions. After all, the conditions are ripe. First the Federal Reserve created an unprecedented surge in liquidity to stave off financial collapse in 2008-2009. That money sat quietly until a massive corporate tax cut..
Time to Take Stock
If your retirement funds are invested in the stock market, you simply can’t afford to ignore the signals the market is sending. Any decisions about selling, or buying the dips, must depend on your own risk tolerance, time horizon and overall financial situation. But the time to consider those things is now — at what..
Open Enrollment for Medicare & Part D
Medicare now has about 60 million enrollees, split roughly two-thirds in traditional Medicare Parts A and B (plus Part D and supplements) and one-third enrolled in the more comprehensive Medicare Advantage plans. Every Medicare participant should be reviewing his or her options right now during Medicare open enrollment period, which began October 15 and runs..
Small Biz Health Insurance Deal Won’t Last Long
Do you own – or work for -- a small business that doesn’t provide health insurance? Fewer than half of all small businesses – with from two to fifty employees – offer a health plan. But in the next few weeks there’s a unique opportunity to get the best group insurance available – at no..
Market Meltdown
One trillion dollars went to Money Heaven on Wednesday. That's the dollar value of the 966 point decline in the Wilshire 5000 total market index. There was no place to hide -- especially in tech. The popular Dow Jones Industrial Average shed 836 points to close at 25, 598 -- and the Nasdaq lost nearly..
Consider a Career in Financial Planning
There’s one college major that practically guarantees a great job and future financial success. Sadly, far too few colleges and universities offer a degree in financial planning. But students who do graduate and take the certified financial planner (CFP) exam can easily start earning $50,000 a year or more. That point was well-made at the..
