medicare

MEDICARE RUNNING SHORT

The fate of our Medicare and Social Security benefits are back in the news with the program’s annual report released June 5th. The news isn’t great but a crisis can be avoided.   WHAT IS THE STATUS OF THESE GOVERNMENT PROGRAMS? Medicare’s finances were downgraded: the Medicare insurance fund will be depleted in 2026, earlier

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Interest Rates

THE INTEREST RATE DILEMMA

Interest rates are an important part of everyone’s lives! Following the 2008 financial crisis, the Federal Reserve (“the Fed”) began to gradually increase key interest rates in December 2015 from a record low of near zero.  The expectation is that the Fed will continue raising rates in 2018 and 2019 (See Fed Chart.) On the

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WBIR memorial day

WBIR: Memorial Day

On Memorial Day we honored the fallen heroes that have served and sacrificed for our country. How was our economy influenced by military conflict?   STARTING WITH WORLD WAR II (1941-45), HOW DID IT IMPACT OUR ECONOMY AND AMERICAN FAMILIES? World War II pulled us out of the Great Depression. American industry was revitalized by

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WBIR: Wedding Season

It is wedding season! Along with marital bliss, get out your checkbook, just ask the Royal Family!   SO INQUIRING MINDS WANT TO KNOW, THE ROYAL WEDDING RIVETED THE WORLD, WHAT DID IT COST? The royal wedding of Prince Harry and Meghan Markle cost an estimated $45….million. Security: $40+ million Wedding dress: $430,000 Wedding cake:

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mother's day index

WBIR: The Mother’s Day Index

Often balancing employment, kids, spouse, and maintaining a household, moms are exhausted! Each year Salary.com estimates the monetary value of being a mom.  Certified Financial Planner Paul Fain joined WBIR to explain the Mother’s Day Index 2018.   WHAT DOES SALARY.COM ESTIMATE AS A TYPICAL MOTHER’S EQUIVALENT WAGE? At least $112,962 based on a mom’s

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