Fresno Financial Advisor
Fresno Financial Advisor News: What to Expect: A New Term In Washington
Overview 2020 brought a very powerful pair of crises: A worldwide pandemic and the deepest recession since World War II. While most Americans have been affected in one way or another, the variance in impact on individual households is staggering — kind of like the way a tornado can demolish one house but leave the…
Read MoreFresno Financial Consultant: December 2020 Highlights
Fresno Financial Advisor News: How to Pull Out of a Decline: Lessons From the Last Recession Overview According to the National Bureau of Economic Research, the Great Recession that began at the end of 2007 was considered the worst in U.S. history since the 1930s. That is, until the coronavirus hit our shores. Some academics…
Read MoreFresno Retirement Advisor News: Americans and Their 401(k)s
A recent survey found that working households experiencing financial strain due to the pandemic have not been inclined to make withdrawals from their 401(k)s to help make ends meet. In fact, the vast majority haven’t even changed their rate of contributions. Instead, these households are relying on the “old standbys” of surviving during economic decline:…
Read MoreFresno Financial Advisor News: How to Pull Out of a Decline: Lessons From the Last Recession
Overview According to the National Bureau of Economic Research, the Great Recession that began at the end of 2007 was considered the worst in U.S. history since the 1930s. That is, until the coronavirus hit our shores. Some academics claim that the 2008 recession would have been much worse had Congress, the U.S. Treasury and…
Read MoreRETIREMENT PLANNING IN THE NEW YEAR
Overview At this point, near-term retirees tend to fall into one of three categories: 1. You already have all the savings you need; you’re ready. 2. You’re on track to have all the savings you need by the time you retire. 3. You’re not on track and are worried about it. Regardless of which track…
Read MoreCOVID Outlook: Economy, Finances, Health
Overview Compared to 2008, the current pandemic-induced recession is three times worse in terms of annualized gross domestic product (GDP) decline. Economists have urged Congress to pass additional stimulus legislation for unemployment benefits, forgivable loans to small businesses, aid to the travel industry and allocated funds to save local government jobs in the wake of…
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