by MasterPlan Your Retirement | Feb 10, 2021 | Newsletter, Uncategorized
Welcome to the March 2021 Newsletter for MasterPlan Retirement Consultants! Mark’s Missive The economy throughout the course of the pandemic has been a rollercoaster. During three months of COVID-19, the unemployment rate in the U.S. grew more than it did in two...
by MasterPlan Your Retirement | Nov 18, 2020 | Uncategorized
This year has been a rollercoaster ride. COVID has dominated the headlines and impacted every aspect of our lives. It has shut down businesses, schools, and workplaces. It’s changed the way we interact and socialize. And of course, it has deeply impacted the economy...
by MasterPlan Your Retirement | Nov 14, 2020 | Uncategorized
The recovery in the financial markets hit some turbulence in October, as investors wrestled with anxiety about increasing COVID cases. However, a surge in gross domestic product (GDP) in the third quarter may signal that the economy is on the rebound.1 Through October...
by MasterPlan Your Retirement | Oct 16, 2020 | Uncategorized
Technology has revolutionized every aspect of our lives, so it shouldn’t come as a surprise that tech-based investment platforms, known as robo-advisors, are becoming more popular. Robo-advisors were created in the aftermath of the 2008 financial crisis, as an...
by MasterPlan Your Retirement | Oct 9, 2020 | Uncategorized
On Wednesday, September 16, Federal Reserve Chairman Jerome Powell offered his assessment of the economic recovery. The press conference offered some positive news, but also a sobering prediction that a full economic recovery will take years.1 The good news is that...
by MasterPlan Your Retirement | Sep 20, 2020 | Financial Planning, Retirement Income
The financial markets have been on a wild ride in 2020. The year began with a continuation of the bull market that started in 2009. The longest bull market in history, however, came to an abrupt end with the arrival of the COVID-19 pandemic.1 From February 20 to March...
by MasterPlan Your Retirement | Sep 15, 2020 | Financial Planning, Retirement Income
It took just under five months for it to happen. On August 17th, the S&P 500 closed at 3389.78—an all-time record. That record is also significant because it means the index officially recouped all losses from the downturn that happened in March.1 This year has...
by MasterPlan Your Retirement | Sep 11, 2020 | Newsletter
Welcome to the September 2020 Newsletter for MasterPlan Retirement Consultants! Mark’s Missive What’s Next for a COVID-19 Economy? The economic fallout from the coronavirus pandemic continues, even as states have reopened restaurants, retail stores, and...
by MasterPlan Your Retirement | Sep 1, 2020 | Retirement Income
As the COVID-19 pandemic stretches into its seventh month, leaders in Washington are debating a second stimulus bill. On August 8, President Trump signed executive orders that extended the federal unemployment benefit, but reduced the amount from $600 per week to...
by MasterPlan Your Retirement | Aug 25, 2020 | Retirement Income
The United States set a somber record on Thursday, July 16, 2020, with more than 75,000 new COVID-19 cases. In fact, the U.S. set new single-day COVID-19 records 11 times between June 17 and July 16. Dr. Anthony Fauci predicts the country will soon top over 100,000...
