Financial Articles

It might feel like the market is pricing in a recession, but is it really?

Market news and data went from bad to worse this first half of 2022, but the good news is, we’re well into the middle; The “Mushy Middle”, that is.

Despite what some might believe, the data doesn’t lie; U.S. living standards have improved significantly over the last 40 years.

When it comes to news headlines, the media often follows the “If it bleeds, it leads” mantra, and that includes financial publications too.

In times of market volatility, you might wonder: Where does the wealth go? The simple (yet also complicated answer) is – it vanishes.

Amidst market volatility, I believe there’s always some form of opportunity. Today, that comes in the form of tax planning and the option to maximize “discounted” Roth conversions.

As author Morgan Housel says, “The most important investing question is not, ‘What are the highest returns I can earn?’” Instead, “It’s, ‘What are the best returns I can sustain for the longest period of time?’”

What lends to a happy, long life? While genes and taking care of your body are important factors, an ongoing Harvard study states it also draws down to how healthy your relationships are.

As recent Retire With Purpose podcast guest, Ryan Frederick, says, “Your DNA only accounts for about 30 percent of your longevity.” The rest draws down to lifestyle and your environment, which is why finding the “perfect place” in retirement is so important.

Howard Bailey Financial, Inc.™ announced the integration of Singer Financial, a firm located in Brownsburg, IN, that has provided retirement planning guidance for more than 25 years.

Many might believe the top regrets of today’s retirees include not saving enough or beginning to save earlier; However, while these are certainly valid qualms, our team finds - much like the author of this article - that the biggest mistakes go deeper.

According to ongoing research at Harvard Medical School that began in 1938, there are seven factors (or big investment decisions) within your control that can help lend to living a life as full as possible in your later years.