by Kenny | May 15, 2020 | Weekly Newsletter
“Jobs Friday” is usually a nerdy day for financial types and economists only. But everyone was watching the most recent jobs report. I had a big drink and told my family to remember May 8. For labor economists, it will be a day to remember. For the first time, even... by Kenny | May 7, 2020 | Weekly Newsletter
By the time most of us reach retirement age, we feel as if we don’t have enough money to live the life we envisioned. Our feelings aren’t wrong: a 2019 analysis from the Employee Benefit Research Institute found that over 40% of American households in which the... by Kenny | May 5, 2020 | Weekly Newsletter
May 4th, 2020 Chadd Mason, CEO The Cabana Group Can April’s Rally Continue, or is More Economic Disruption on the Horizon? Equity markets finished off April with the biggest monthly gain since 1974. The huge rally followed an even bigger decline in March.... by Kenny | Apr 30, 2020 | Weekly Newsletter
Here’s how the ongoing crisis could wreck your long-term plans — and what you can do to prevent that from happening. COVID-19 has turned the U.S. economy on its head, battering the stock market and forcing millions of workers into unemployment. But while... by Kenny | Apr 23, 2020 | Weekly Newsletter
Now that we’ve entered a bear market for the first time since 2009, many pre-retirees are likely asking questions about the impact on their retirement savings. Will the stock market sell-off wipe out years of growth in their 401(k)s? Are there any steps that can be... by Kenny | Apr 17, 2020 | Weekly Newsletter
The COVID-19 pandemic could upend retirement planning, jeopardizing financial security for the next generation of retirees. Experience from the 2007–08 financial crisis and Great Recession that followed suggests the current crisis could wipe out existing retirement...