This is a summary of the market performance for the 3rd quarter 2021 ending September 30th. U.S. Equity Investment Environment – 3rd quarter 2021 Mounting fears of inflation, an ongoing Congressional budget impasse, and anticipation of a reduction in the Fed liquidity provision all weighed on the stock market. Despite opening September with its 54th […]
Category: Our Money Life
The 2021 Guide to Government Resources for Special Needs
Do you have a disabled child or one with other special needs? Are you having trouble with the financial impact of caring for your special needs child? Or maybe you care for yourself or another adult with a disability? We have gathered government resources for special needs, including financial assistance, in this guide for 2021. […]
Grandparent 529 Plans Get a
Boost Under New FAFSA Rules
Current FAFSA Rules Under current rules, parent-owned 529 plans are listed on the FAFSA as a parent asset. Parent assets are counted at a rate of 5.64%, which means 5.64% of the value of the 529 account is deemed available to pay for college. Later, when distributions are made to pay college expenses, the funds […]
Rule of 70 & Rule of 72: What They Mean for Your Investments
Exponential growth is an important concept in investing. Compound interest, or the interest you earn on the interest your investments generate, adds up over time and represents a significant contribution to your retirement savings. However, calculating how quickly an investment will grow with compound interest can be complex. You can use the rule of 70 […]
WPTV 5 Financial Q&A
See Castle Wealth Management’s Christina Worley on the WPTV 5 Financial Q&A: How to Spend Your Stimulus Check