Sterling Wealth Partners
As we ring in 2018, the stock bull market that started in 2009 continues. The extended length of this bull market (close to historic levels) has caused some people to become concerned about a correction, which leads to considering moving more of their portfolio into bonds. Generally, bonds can be a good diversifier and lower the volatility of a portfolio when added to the asset allocation.
After much debate and speculation, the Republican’s tax reform package was signed into law by President Trump just before Christmas. The Tax Cuts & Jobs Act of 2017 is a pretty significant tax reform package and will likely affect you (some positively and others negatively) starting with your 2018 income tax return.
In our blog series that we published last year - “Health Care Costs – The Storm Cloud Hanging Over Your Retirement”, we discussed the Fidelity health care cost study that the investment company conducts each year. Well, they just released the results of their study for 2017 and those costs have increased another 5.5% from 2016.