Market Summary: The stock market is looking beyond the economic damage caused by the pandemic Consumer behavior is being tracked to monitor the anticipated economic recovery Timing the stock market has proven difficult. Some sophisticated … [Read more]
CARES Act to Become Law
Includes Relief For: Newly Unemployed Workers Families & Individuals Large Corporations Small Businesses/Business Owners Retirement Account Holders Student Loan Borrowers Congress Fires the Relief "Bazooka" Today, … [Read more]
2020 Coronavirus Update
Covid-19 + Market Update: China's virus numbers are a great sign assuming their the data is valid Two potential scenarios are playing out - still too early to tell which materializes Your investment time horizon is paramount Portfolio … [Read more]
Preparing for Your Endless Summer
Retirement can seem like an endless summer with countless possibilities and adventures. Like the end of a school year for a child though, it is easy to become lost if we don't have activities to structure our days. At Legacy, we have found our … [Read more]
The DOL Fiduciary Rule and Legacy
Financial news has been filled with the new DOL Fiduciary Rule, which was finalized Wednesday, April 6, 2015 and will go into effect January 1, 2019. What is the DOL Fiduciary Rule? Introduced five years ago, the final version of the rule requires … [Read more]
Why You Need Access to a Vault
One of the biggest hassles at tax time can be gathering and organizing all the tax documents to give to your CPA. But what if you had a place to store your documents throughout the year that was secure and online, giving you convenient access anytime … [Read more]
How to Save for Retirement as a Small Business Owner
For many small business owners or self-employed individuals, contributing to a retirement plan often gets put on the backburner. With so much focus on the business itself, it can be hard to prioritize retirement savings, especially when you’re trying … [Read more]
What is Financial Planning?
In our experience as a financial planners, we’ve found many people are confused about what financial planning really means. This confusion can cause individuals to mistakenly believe they don’t need financial planning guidance. Some of the … [Read more]
Don’t Underestimate These Retirement Expenses
As people prepare to retire, a common mistake is the belief that their living expenses will be greatly reduced, sometimes even cut in half. While it is true that some expenses will be minimized, other expenses will increase, resulting in expenses … [Read more]
Four Signs You’re Ready to Downsize
Home ownership has long been touted as part of the American dream. But what happens when it becomes a burden? We often meet with clients who are considering whether to downsize or not. Throughout years of meeting with clients, we’ve found the four … [Read more]
