What’s Happening to Your Local Drug Store?
In recent years, America’s drug store landscape has been undergoing rapid change. Major pharmacy chains such as CVS, Rite Aid, and Walgreens are collectively closing over 2,600 locations across the country. CVS will close 900 [...]
The New Retirement: Redefining What it Means to Retire
Retirement was once seen as the finish line – a chance to finally relax after decades of work. For many Baby Boomers, however, retirement is now something entirely different. Instead of stepping away from the [...]
Individual vs. Joint Trust: Which Do You Need?
Creating an estate plan is a vital step in securing your financial legacy, and if you’re doing it for the first time with a spouse or partner, you’ll quickly face an important decision: Should you [...]
The History of Stock Market Crashes in October
The month of October is often considered a jinx for stock markets. Over the years, several major market crashes have occurred during October, earning it the reputation of the "October Effect." This pattern has caused [...]
The Feminization of Wealth
The wealth management industry is experiencing a significant transformation as women take the reins of financial assets on a global scale. This shift, known as the "feminization of wealth," represents a profound change in how [...]
Naming a Trust as a Beneficiary
A critical part of estate planning involves deciding how to distribute your retirement assets, such as IRAs or 401(k)s. One option is to name a trust as the beneficiary of these accounts, offering benefits related [...]
50 Years of ERISA: Safeguarding America’s Workers
On September 2, 1974, President Gerald Ford signed the Employee Retirement Income Security Act (ERISA) into law, marking a watershed moment in the protection of retirement and health benefits for American workers. "It is certainly [...]
Fed Rate Cut: Short & Medium-Term Implications
The Federal Reserve plays a pivotal role in the U.S. economy, and one of its most influential tools is the adjustment of interest rates. Recently, the Fed cut interest rates by 50 basis points (0.50%), [...]