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A 6.1% Bump in Social Security?
 – Presented by Mark K. Lund, Financial Advisor

A 6.1% Bump in Social Security?
 – Presented by Mark K. Lund, Financial Advisor

COLA and Social Security. The news keeps getting better for Social Security recipients. It’s now projected that benefits will increase 6.1% in 2022, up from the 4.7% forecast just two months ago. That would be the most significant increase since 1983.1,2 It’s all about inflation. Social Security cost of living adjustments (COLA) are based on…

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The Quiet Fall in Bond Yields – Presented by Mark K. Lund, Financial Advisor

The Quiet Fall in Bond Yields – Presented by Mark K. Lund, Financial Advisor

What’s behind the quiet fall in bond yields? With all the attention given to inflation, stock prices, and job reports, it’s been easy to overlook the remarkable move in the bond market during the past few months. The yield on the 10-year treasury closed at 1.37% on Friday, July 9, down from its 2021 high…

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The Pros and Cons of Early Retirement Plan Rollovers – Presented by Mark K. Lund, Investment Advisor

The Pros and Cons of Early Retirement Plan Rollovers – Presented by Mark K. Lund, Investment Advisor

Should you withdraw and reinvest your retirement plan money while you are still on the job? Did you know you may be able to take your 401(k), 403(b), or 457 plan and roll it into another type of retirement account while you are still working? Let’s look at how these rollovers can happen and the…

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Ways to Fund Special Needs Trusts
 – Presented by Mark K. Lund, Financial Planner

Ways to Fund Special Needs Trusts
 – Presented by Mark K. Lund, Financial Planner

A look at the different choices & strategies. If you have a child with special needs, a trust may be a financial priority. There are many crucial goods and services that Medicaid and Supplemental Security Income might not pay for, and a special needs trust may be used to address those financial challenges. Most importantly,…

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A COLA with Your Social Security?
 – Presented by Mark K. Lund, Investment Advisor

A COLA with Your Social Security?
 – Presented by Mark K. Lund, Investment Advisor

Preliminary estimates call for a 4.7% cost-of-living increase.1 If there is a “silver lining” to all the inflation talk, it may be that Social Security benefits are expected to see a larger-than-normal increase in 2022. Preliminary estimates call for a 4.7% cost-of-living increase (COLA) in Social Security benefits next year, which would be the highest…

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A Seven-Year High for Gas Prices
 – Presented by Mark K. Lund, Financial Planner

A Seven-Year High for Gas Prices
 – Presented by Mark K. Lund, Financial Planner

Things in America are returning to something like a pre-COVID normal. Over Memorial Day weekend, gasoline prices hit the highest for this holiday weekend since 2014.1 With the Colonial Pipeline outage in the rear-view mirror and an ever-increasing number of adults vaccinated, formerly cooped-up motorists made the most of what America has to offer. The…

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Recovering from COVID
 – Presented by Mark K. Lund, Financial Advisor

Recovering from COVID
 – Presented by Mark K. Lund, Financial Advisor

Some promising trends emerge. With COVID, there were some who believed that progress on this health issue was a necessary precondition to economic recovery. In recent weeks, we have seen some promising trends emerge on the health front. The CDC is reporting the provision of 295 million vaccinations; 51% of Americans have had at least…

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Inflation Can Be a Scary Word
 – Presented by Mark K. Lund, Financial Advisor

Inflation Can Be a Scary Word
 – Presented by Mark K. Lund, Financial Advisor

There are compelling reasons to adopt a wait-and-see approach. Inflation can be a scary word for people who are retired. It’s code for “prices are going up, but my income may stay the same.” The recent reading on consumer prices put inflation back into the conversation. The Consumer Price Index (CPI) rose 0.8% in April…

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How COVID-19 Caused a “She-Cession” – Presented by Mark K. Lund, Investment Advisor

How COVID-19 Caused a “She-Cession” – Presented by Mark K. Lund, Investment Advisor

Several women-dominated industries were hit hardest by the pandemic. Since the 1980s, unemployment rates have trended higher amongst men than women during a recession. In previous periods of economic downturn, this made sense. Male-dominated industries, like construction and finance, were typically some of the most impacted by a recession.1 But with the onset of COVID-19,…

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Baseball’s $300 Million Players
 – Presented by Mark K. Lund, Financial Planner

Baseball’s $300 Million Players
 – Presented by Mark K. Lund, Financial Planner

Even ballplayers prepare for the future. The San Diego Padres signed infielder Fernando Tatis, Jr., to a 14-year, $340 million contract roughly one year after the Los Angeles Dodgers inked outfielder Mookie Betts to a 12-year, $365 million deal. That brings the total to 8 baseball players who have signed long-term, $300+ million contracts.1 From…

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