Laurie Wexler Gerber, GW & Wade Client Development Manager's Blog
08/31/2018 Authored by Laurie Wexler Gerber, GW & Wade Client Development Manager
While the media tends to focus on the many Americans who are completely unprepared for retirement, not every household has postponed a retirement savings agenda until midlife. According to a Princeton Research Associates survey, about 10 percent of respondents said they started saving for retirement in their teens. Nearly one-quarter (23 percent) started saving in their 20s, and 14 percent began in their 30s.
12/20/2017 Authored by Laurie Wexler Gerber, GW & Wade Client Development Manager
As we approach year-end, Congress has passed a new tax bill that will dramatically change the tax code beginning in 2018. The major changes include new tax brackets, lower top marginal tax rates, and significant changes to taxpayer deductions. For many taxpayers, filing your taxes will become less cumbersome and result in lower taxes. Some may see no change or worse: an increase.
09/11/2017 Authored by Laurie Wexler Gerber, GW & Wade Client Development Manager
Last Friday, Equifax announced a data breach that potentially affects approximately 143 million U.S. consumers. The company believes the unauthorized access occurred from mid-May through July 2017 and that the information accessed primarily included names, Social Security numbers, birth dates, addresses and, in some instances, driver’s license numbers.
05/30/2017 Authored by Laurie Wexler Gerber, GW & Wade Client Development Manager
While there are many unknowns that can impact retirement plans along the course of a career, planning for retirement as soon as possible is the surest way to realize your retirement goals.
03/20/2017 Authored by Laurie Wexler Gerber, GW & Wade Client Development Manager
There has been much discussion recently in the financial press about whether the stock market is reaching its peak. We at GW & Wade are not in the business of predicting market moves. For example, who could have foreseen the market run-up after the recent election? In the interest of addressing this question, however, here is some of our thinking about market tops and bottoms. (To define terms, a market correction is generally considered to be a drop of approximately 10%; a bear market is a..
02/07/2017 Authored by Laurie Wexler Gerber, GW & Wade Client Development Manager
Are you considering hiring a financial advisor to help put your financial affairs in order? Or, are you managing everything yourself? According to one study, most individuals surveyed saw tremendous value in receiving professional financial advice. However, they didn’t believe that what they were being told would actually come to pass. What’s more, follow-ups after the survey concluded that the number one reason most individuals don’t hire a financial advisor is because they’re afraid of the..
11/17/2016 Authored by Laurie Wexler Gerber, GW & Wade Client Development Manager
Robo advisors vs. financial advisors (the living, breathing kind): it’s a comparison that has captured a lot of attention in recent months. And although the question of trusting one’s portfolio to an online tool may seem like a non-issue for seasoned investors, a lot of younger families are eager to explore the lower-cost option.
11/09/2016 Authored by Laurie Wexler Gerber, GW & Wade Client Development Manager
With the election of Donald Trump, we enter uncharted territory that extends beyond financial markets. Will the new President really order the building of a wall across our Southern border? Will he introduce legislation that will nullify the Affordable Care Act—and if so, what happens to those Americans with pre-existing health conditions? Are our allies abroad really going to have to renegotiate their trade and security arrangements with the world’s superpower? Do taxpaying non-citizens..
10/11/2016 Authored by Laurie Wexler Gerber, GW & Wade Client Development Manager
In 2014, more than 4.2 million Americans got married. And more than 1.6 million got divorced [i]. That means a lot of families are dealing with significant, often unexpected financial consequences. Their questions and concerns about some unforeseen costs of their divorce are the inspiration for this post.
08/15/2016 Authored by Laurie Wexler Gerber, GW & Wade Client Development Manager
Will having a Republican in the White House mean less tax regulation? Will a Democratic administration result in a thriving economy? These are compelling questions… without clear answers, which is part of the reason why politics should not play into your financial plan. It’s impossible to say which campaign promises will get passed, or how the markets will react (although, if you’re into macroeconomics and regression analyses, there are several interesting studies that explore how political..
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