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...
by MasterPlan Your Retirement | Aug 15, 2020 | Retirement Income
Social Security is a critical piece of the income puzzle for most retirees. In fact, half of married retirees and nearly 70% of unmarried retirees rely on Social Security for more than 50% of their retirement income.1 Your Social Security benefit amount is based on a...