Financial Fundamentals

If you are opening an individual retirement account (IRA) for the first time or need a refresher course on the specifics of IRA ownership, here are some facts for your consideration.

For Educators

As an educator, you have an advantage over many others when it comes to retirement readiness. You can look forward to a pension, which will provide you with a stream of income payments that will last as long as you live.

For Women

As baby boomers retire in record numbers, attention is shifting to how they will steward and transfer wealth to their children, grandchildren, and other beneficiaries. This process – known as the Great Wealth Transfer – is accelerating as an estimated 73 million baby boomers reach retirement by 2030.

For Financial Professionals

Like many industries, financial services has undergone significant shifts in recent years. One of the most notable is the rise of robo-advisors, which offer increasingly sophisticated investment management through the use of artificial intelligence (AI). While robo-advisors offer some advantages, they lack the depth and breadth of service that a professional advisor can provide.

Planning

Many assume that building wealth alone will create greater contentment—but social science shows that how we use our money is the key to lasting joy and satisfaction.

Market News

US consumer price inflation in June came in as expected. Core CPI rose 0.2% month-over-month and 2.9% year-to-date, each up 0.1 percentage points from May’s figures. As such, the data does not move the needle for the macro picture or for policymakers.

Lifestyle

As you plan for retirement, you are likely thinking about a range of possibilities— from the needs required for stability to the dreams that you are working so hard to bring to life. At Equitable Financial, we are devoted to guiding our clients through decision-making and planning with an intention for resilience and adaptability— the heart of long-term financial well-being. Our ESG commitments are central to our principles and approach and we believe they shape and inform the perspective and knowledge we bring our clients.