Posts by Norris Davis
LPL Mid-Year Outlook 2024: Still Waiting for the Turn
As we reach the halfway point of 2024, a sense of persistence defines the economic and market landscape. Trends from late 2023 have continued, with surprisingly resilient economic growth mixed with stubborn but decelerating inflation. Equity markets have thrived and regained all the lost ground from 2022. On the other hand, the bond market still…
Read MoreEmbracing ‘Loud Budgeting’
As the cost-of-living crisis looms large, particularly for the younger generation, Gen Z is pioneering a new approach to personal finance: ‘loud budgeting.’ In a world where the pressure to spend money can feel overwhelming, especially in the age of social media, Gen Z is taking a bold stand against financial strain by embracing transparency and intentionality in their spending habits.
Read More2024 Key Numbers for Health Savings Accounts
The IRS recently released the 2024 contribution limits for health savings accounts (HSAs), as well as the 2024 minimum deductible and maximum out-of-pocket amounts for high-deductible health plans (HDHPs).
Read MoreEnduring Market Volatility With a Financial Plan
f you hope to retire soon and are concerned about what the future may hold for your investments, you are not alone. Inflation has many retirees and soon-to-be retirees worried about outliving their savings and investments.
Read MoreLuck of the Investor: Making Your Own Luck on St. Patrick’s Day
As Samuel Goldwyn once said, “The harder I work…the luckier I get!” 1 But when it comes to investing, luck may play a huge role in outcomes—no matter how hard you work.2 Below, we discuss some ways that luck may impact your investing, as well as some steps you may wish to take to try to make your own good luck this St. Patrick’s Day.
Read More3 U.S. Presidents Who Still Influence Your Retirement Planning Today
Each year, Presidents’ Day is celebrated on the third Monday in February, paying tribute to George Washington, Abraham Lincoln, and the other U.S. presidents who helped create this country and allowed it to thrive.
Read MoreRetiring Early As a Couple: A Financial Love Story
Retiring early as a couple is a goal shared by many, and if planned comprehensively, it may provide opportunities for travel, passion projects, and more quality time together.
Read MoreReality Check on Your Retirement Savings
Whether you’re 23 or 35, it’s important to know whether you are saving enough for your retirement. There is no time like the present to ensure you are allocating enough funds to your retirement account.
Read MoreAdvanced Tax Planning Ideas: Tax Loss Harvesting & Ways to Quantify the Benefits
When you lose money on certain investments, you can typically claim the loss against other investments, and in some cases, you may even be able to claim all or a portion of the loss against regular income.
Read MoreFour Ways to Help Lower Your Taxes Now
The financial decisions you make between now and the end of the year can significantly impact how much taxes you will have to pay once tax day arrives.
Read More