Your Biggest Financial Threat in Retirement Might Surprise You By Yvonne Marsh, CFP®, CPA While most retirees worry about stock market downturns, an even bigger financial threat is an unexpected health event that Medicare doesn’t cover. The average cost of home health care and assisted living is over $40,000/year and a full-skilled care [...]
What's Hiding in your Bond Portfolio?FINRA (the Financial Industry Regulatory Authority) periodically surveys people about their financial knowledge. It asks respondents to rate themselves as to how financially knowledgeable they think they are. In 2015 76% of people rated themselves as having a “high” level of financial knowledge, giving themselves a score of 5 [...]
The U.S. economy finished 2017 with another strong quarter. GDP grew at an annual rate of 3.2% in the third quarter (the fourth quarter is still being tallied) and is estimated to be 2.3% for the year. That growth coupled with low inflation and stable unemployment powered the markets to even [...]
Yvonne Marsh appears on WVLT Recently, our own Yvonne Marsh appeared on WVLT's "Everyday Solutions" program with Whitney Kent to discuss some common mistakes people make when planning for retirement. You can view the segment which appeared on the 12:00 news below.
Almost every sector of the stock market continued to make gains in the third quarter. Small cap stocks, as measure by the S&P 600 SmallCap index led the increases with a 6% gain, followed by large cap stocks (S&P 500) which gained 4%. The S&P 400 MidCap Index was up 3%. [...]
Everything Knoxville Magazine June, 2017 For the June, 2017 issue of Everything Knoxville magazine, Marsh Wealth Management has the distinct honor of being featured on the cover. Inside the magazine is an excellent two page feature story, including interviews with our own Mike and Yvonne Marsh. Of particular interest in this article [...]
The second quarter of 2017 was another good quarter for the markets. Equities added several percentage points pushing year-to-date gains into the double digits in several sections of the market. The S&P 500 (SPY), which measures large-cap stocks, gained 2.6%. Smaller stocks continued to lag their large cap counterparts. The S&P [...]
As I talk with clients about retirement planning, I find their biggest concern is how much money they could lose in a stock market downturn. But an even bigger threat to the safety of a very carefully accumulated nest egg may surprise you – it’s actually an unexpected health event requiring long-term care. With the [...]