May 2023

Inflation rose 0.4% in April and 4.7% from a year ago, according to key gauge for the Fed

KEY POINTS Inflation stayed stubbornly high in April, potentially reinforcing the chances that interest rates could stay higher for longer, according to a gauge released Friday that the Federal Reserve follows closely. The personal consumption expenditures price index, which measures… Read More »Inflation rose 0.4% in April and 4.7% from a year ago, according to key gauge for the Fed

Share of six-figure earners living paycheck to paycheck jumps, report finds. Advisor offers ways to break the cycle

KEY POINTS Even as inflation cools, consumers still show signs of strain. As of April, the share of adults feeling stretched too thin held nearly steady at 61%, according to a new LendingClub report. However, high-income earners are increasingly under pressure, LendingClub found.… Read More »Share of six-figure earners living paycheck to paycheck jumps, report finds. Advisor offers ways to break the cycle

How to Retire in 5 Years

Preparing for retirement is something most adults will do their entire working lives, but ensuring a successful post-retirement life has many different phases. The last five years before you retire are particularly important, as you’ll start putting your lifelong plans… Read More »How to Retire in 5 Years