April 2022
QUARTERLY MARKET REVIEW - Q1 2022
Submitted by Desmond Wealth Management, Inc. on April 24th, 2022Health Savings Accounts: The Ultimate Retirement Account
Submitted by Desmond Wealth Management, Inc. on April 22nd, 2022
It isn’t easy to make predictions, especially about the future. However, there is one prediction we’re confident in making: you will have substantial out-of-pocket expenses for health care after you retire. Personal finance experts estimate that an average retired couple age 65 will need at least $300,000 to cover health care expenses in retirement.
You may need more.
Interest Rates, Inflation, and Investment Strategy Part 1: Understanding Interest Rates
Submitted by Desmond Wealth Management, Inc. on April 22nd, 2022
At its March 15–16 Federal Open Market Committee (FOMC) meeting, the U.S. Federal Reserve raised its federal target funds rate by a quarter point. It was the first increase since December 2018, but it wasn’t a huge surprise. Fed Chair Jerome Powell had already said we should expect as much, with the potential for additional hikes before year-end.