2015: Beyond the Cold

As parts of the country dig out from under the snow this winter, it’s important to remember that, despite life’s uncertainties, you can always count on one thing: Spring will come.

It may be a small comfort, but it never fails that sunshine, warmer temperatures, blooming flowers, leaves appearing back on the trees and people enjoying themselves outdoors has a calming, hopeful effect on so many.

[CLICK HERE to read the article, “Unrelenting snowfall darkening our moods,” from The Boston Globe, Feb. 10, 2015.]

[CLICK HERE to read the article, “How Spring Opens the Mind,” from The Atlantic, March 21, 2014.]

This year, economic experts believe there is much to be positive about. 2015 started on strong footing with lower oil prices, higher jobs reports and, according to one analyst, positive indicators that wages are finally going to pick up. While home-buying numbers fell, the average sale price of houses rose. These factors combine for a potential bottom-line impact on household budgets and individual purchasing power. This is great news domestically and abroad, since consumers drive about two-thirds of the U.S. economy.

[CLICK HERE to read the article, “A year of wow,” from Fidelity Investments, Feb. 20, 2015.]

Before 2007, there were 10 postwar recessions that ranged in length from six to 16 months. The 2007-09 recession, which officially lasted 18 months, is recorded as the longest and most severe recession in the postwar period.

One of the most important tenets of moving forward with a positive outlook is to remember where you’ve been. First off, recognize that we survived this latest economic battle. Second, most of us will experience yet another recession in our lifetimes, quite possibly more than one, so it is important to keep lessons learned top-of-mind as we move forward.

[CLICK HERE to read the article, “The Recession and Recovery in Perspective,” from The Federal Reserve Bank of Minneapolis, accessed Feb. 27, 2015.]

[CLICK HERE to read the article, “Is the economy different this time?” from Bason Asset Management, Feb. 27, 2015.]

They say the best time to look for a new job is while you have a job. It enables you to better target the next logical step based on career goals and negotiate from a position of power and confidence. The same applies to your finances. As your financial picture improves, it may be a good time to start planning for the future — both the good and the bad that may occur, like winter and springtime.

Our firm assists retirees and pre-retirees in the creation of retirement strategies utilizing insurance products. Our firm is not permitted to offer, and no statement contained herein shall constitute, tax, legal or investment advice. Be sure to speak with qualified professionals before making any decisions about your personal situation. Our firm is not affiliated with the U.S. government or any governmental agency.

This content is provided for informational purposes only. It is provided by third parties and has been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed. The information is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet the particular needs of an individual’s situation.

If you are unable to access any of the news articles and sources through the links provided in this text, please contact us to request a copy of the desired reference.

AE03155028

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s