The Time Has Come to Scrap the RMD

August 24, 2020 12:33 pm

Before we get to why I believe that we should finally put an end to the outdated and unnecessary Required Minimum Distribution (RMD) rule, it is important to see how we got here. In 1986, as the popularity of the use of IRAs, 401(k)s and rollover IRAs grew, Congress began to become worried that these […]

My employer just offered me an early retirement package, what do I do?

August 17, 2020 1:15 pm

Last week Brown University announced they would be offering an early retirement package to some of their staff. Dubbed the “Staff Voluntary Retirement Program”, Brown is clearly hoping to reduce payroll during a challenging time due to COVID. Brown University is the #8 employer in the state, so this could potentially affect a lot of […]

COVID-19 is Advancing Greater Interest in ESG Investing

July 20, 2020 9:26 am

If you are a supporter of ESG investing (combining traditional investing with environmental, social and governance related issues), then COVID-19 may have a silver lining for you. ESG investing has been playing an outsized role in investment decisions since the beginning of the year. The virus has exposed the critical need for companies to beef […]

The Potentially Troublesome Issue With the Stock Market and the S&P 500

May 28, 2020 3:08 pm

There is no perfect measure to say how the stock market in the US is performing. Every major index you see mentioned on the news has some pros and cons.  Typically, every nightly news report will mention the daily returns of the Big 3: the Dow Jones Industrial Average, the NASDAQ and the S&P 500. […]

The Stability of Your Financial Plan During Volatile Times

May 6, 2020 9:55 am

During these unprecedented times, many clients are wondering if their goals have been derailed and if so, what it will take to get them back on track. There is no doubt that things have changed, and as a result many of us will need to adjust accordingly. But just how much do you need to […]

A Potential Silver Lining in the Reality of our Current Recession

April 3, 2020 4:35 pm

One of the constant comments from market participants and the talking heads on TV is that the investing community has no historical experience to draw from on how this epidemic will affect the US economy, the global economy and, by extension, investments. There’s no model to use as a reference point. Sure, the Spanish Flu […]

The CARES ACT – Three Important Provisions That Could Impact You

March 30, 2020 9:58 am

The relief bill known as the CARES Act was signed into law on Friday, March 27, 2020. It is designed to serve as a bridge between the time the US economy decelerates in response to Covid-19 and the time the economy is back up and running. Provisions of the CARES Act support a wide range […]

Can a Recession Save us from the Coronavirus?

March 16, 2020 12:28 pm

The first change I noticed was early last week, before any state of emergency had been declared in Rhode Island, Massachusetts, or the US. Suddenly, my commute was far easier than usual. I hit every light and breezed into work. By the end of the week I had shaved 20% off my commute time.  I […]

Economic Commentary: March 10, 2020

March 10, 2020 10:08 am

Following yesterday’s sell off we wanted to share some thoughts and facts about the economy and the market. Lost in a new cycle filled with bad news, last Friday’s payroll report was the 113th month in a row with positive job growth here in the US. (The next closest record time period is 48 months!) […]

Economic Commentary: March 2, 2020

March 2, 2020 12:38 pm

The recent downturn in the markets has been driven predominantly by the Coronavirus and high stock valuations. Any sustained market bounce is unlikely to take place before the risks presented by Covid-19 have abated. At the same time the economic impact of the virus is undergoing extensive assessment and review. In terms of the economy, […]