About Becca Mack

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So far Becca Mack has created 10 blog entries.

What Is a Bear Market and How Long Does It Last?

During this period of volatility, many are asking where the economy is headed. As the coronavirus affects the U.S. financially and socially in a way previously unseen, lawmakers are acting to boost the economy, and analysts are predicting what’s to come. We’ve officially entered a bear market, and the Federal Reserve has responded. So, what [...]

2020-05-13T02:46:05+00:00May 8th, 2020|Stock Market|

Low Interest Rates, Market Volatility, and Your Retirement

Planning for retirement should never be a “set it and forget it” activity. There are unexpected disasters, market drops, and changing laws that invariably cause retirees to reevaluate their plans of action. Recently, market volatility and the Federal Reserve’s decision to cut interest rates may have you wondering how to respond. Here are a few [...]

2020-05-13T02:40:46+00:00April 24th, 2020|Stock Market|

Our Do’s and Don’ts in a Volatile Market

If the state of the market has caused you to worry, you’re probably not alone. The coronavirus and falling oil prices have caused many to panic. In times of uncertainty, it can be easy to make knee-jerk decisions and forget about the long-term. However, consider these do’s and don’ts in a volatile market. Don’t withdraw early [...]

2020-05-13T02:37:30+00:00April 10th, 2020|Financial Planning, Stock Market|

New Year, New Law Part 4: 4 Ways the SECURE Act Could Affect Your 401(k)

Here’s proof that funding retirement has changed: In 1970, 45% of private sector employees were covered by a pension plan.1 Now, 4% are covered.2 Though non-private sector employees still often have pensions offered to them, for private sector employees, pensions have largely been replaced by 401(k), IRAs, and similar retirement plans, and retirees must find a [...]

2020-05-13T02:22:31+00:00March 6th, 2020|Retirement Planning|

New Year, New Law Part 3: 4 Ways the SECURE Act May Make Saving for Retirement Easier

The Setting Every Community Up for Retirement Enhancement (SECURE) Act is a response to a changing retirement landscape: Americans are living and working longer, working part-time in retirement, and are less likely to have the option to rely solely on pensions. When personal savings must stretch further, it’s important for retirees to have a plan [...]

2020-05-13T02:19:26+00:00February 21st, 2020|Retirement Planning|

What to Consider Before Signing Up for a Group Travel Tour

Are you planning to travel in 2020? There are many upsides to going on a group tour: Travel arrangements and accommodations are figured out for you, and it’s much harder to get lost when you’re with a group. However, there are also downsides if you’re beholden to a pre-set itinerary. Here are 4 things to [...]

2020-05-13T02:14:36+00:00February 7th, 2020|Lifestyle|

New Year, New Law Part 2: Time to Review Your Estate Plan

The Setting Every Community Up for Retirement Enhancement (SECURE) Act is one of the biggest pieces of retirement legislation to be passed in years. It will undoubtedly have a major effect on how many Americans approach retirement planning, and particularly estate planning. We’ve covered these changes previously, including focusing on the elimination of ‘stretch’ IRAs [...]

2020-05-13T02:11:43+00:00January 31st, 2020|Estate Planning, Retirement Planning|

New Year, New Law Pat 1: What’s in the SECURE Act?

Donald Trump ended 2019 by signing a 2020 spending bill that includes the Setting Every Community Up for Retirement Enhancement (SECURE) Act. It’s one of the biggest pieces of retirement legislation to be passed in years and it will undoubtedly have a major effect on how many Americans approach retirement and estate planning. Here is [...]

2020-05-13T02:08:28+00:00January 17th, 2020|Retirement Planning|

What You Need to Know About Social Security Changes in 2020

10,000 Baby Boomers are turning 65 every day1, and Social Security will soon start to pay out more than it takes in.2 While it’s unlikely that the government will ever get rid of the program, there will likely be some changes in the coming years. It’s important to understand the system and to work closely with [...]

2020-05-13T02:01:03+00:00January 3rd, 2020|Social Security|