Missing Top-Performing Days Can Hurt Your Return Hypothetical Investment of $100,000 in the S&P 500 Index Over the Last 20 Years (2002–2021) The graph below shows how a hypothetical $100,000 investment in stocks would have been affected by missing the market’s top-performing days over the 20-year period from January 1, 2002 to December 31, 2021. […]
Click to Enlarge Part B premiums are based on tax returns from two years earlier. Medicare doesn’t cover long-term care (also called custodial care). Part B Deductible and Coinsurance You pay $233 per year for your Part B deductible. After your deductible is met, you typically pay 20% of the Medicare-approved amount for these: Most […]
Click to Enlarge Nasdaq 100 Index Versus S&P 500 Index 2008-2021 Above is a comparison of annual total returns – which reinvest dividends – between each index. The Nasdaq-100 TR Index has outperformed 11 out of the 14 full calendar years in our study, with a minimal underperformance of 1.20% in 2021. (On a price-return […]
Money Matters – Skloff Financial Group Question of the Month – January 1, 2022 By Aaron Skloff, AIF, CFA, MBA Q: We are ready to get serious about our retirement savings in 2022. What are the contribution limits for various retirement accounts in 2022? The Problem – Lack of Retirement Savings Most pre-retirees […]
Long Term Care University – Question of the Month – 12/15/21 Research By Aaron Skloff, AIF, CFA, MBA Q: Some insurance companies offer Partnership Qualified long term care insurance policies. Can you explain what that means, what advantages it may provide and details on the South Carolina Long-Term Care Insurance Partnership Program? The […]
Office Hours with Gary Gensler: What is a SPAC Anyway? In this episode of Office Hours, SEC Chair Gary Gensler breaks down what a special purpose acquisition company (SPAC) is and potential concerns with SPAC investments. The Securities and Exchange Commission is working to ensure that investors in SPACs are being protected. This may require […]
K-12 Teachers—Think Twice Before Investing Annuities Inside Your 403(b) An issue that rarely makes the press, public school K-12 teachers are fed up with the system that’s supposed to be securing their retirement. “When Lauren Woodcock, a Boston Public Schools math teacher, was asked by a representative if she wanted to retire comfortably, she answered […]