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Welcome to Planned Asset Management’s Blog! You have questions? We have answers!

  • Not sure how to manage your finances?
  • Is it time to start saving for retirement?
  • How old do you need to be to start saving?
  • Looking to reduce your taxes?
  • Self-employed and would like to set up a retirement plan?
  • Do you need to be local to be a client?
  • Want to make family transitions easier?

We know it can be complicated, let us help you! Bookmark this blog as we inform you of viable yet easy to understand information regarding your finances! We are here for you!

Friday, April 28, 2023

Fun fact: You probably have dozens of credit scores out there, and each one might be a different number.You’re probably familiar with a credit score, why it’s essential, and what it’s used for, but do you know how...

Monday, April 17, 2023

Discussing personal finances is important for any couple preparing for marriage. However, this topic can be more complicated for those who remarry later in life.If you’re remarrying later in life, one of your goals should be to...

Wednesday, April 12, 2023

As we get older, it’s important that our adult children are prepared to manage any aging-related situations that may arise. This includes everything from having to make medical and financial decisions to determining assisted...

Monday, March 20, 2023

Every parent wants the best for their children and strives to prepare them to lead a happy, healthy, and successful life. But, despite understanding the importance of financial responsibility, only 28 percent of parents speak to their...

Monday, March 6, 2023

Transitioning from Private Health Insurance Plans to MedicareAs you approach retirement age, you may be anticipating transitioning from your private insurance to Medicare, which is a federal health insurance program that provides...

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Wednesday, February 8, 2023

By 2040, the U.S. Census Bureau estimates that 80 million people in the U.S. will be age 65 or older.1 Most of these senior adults will either want to—or need to—"age in place," living in their homes securely, independently...

Monday, January 23, 2023

With the possibility of a recession looming, it's natural for those nearing or in retirement to have concerns over their long-term strategies. After decades of accumulating a portfolio, the last thing retirees want is for a market...

Wednesday, January 4, 2023

In October 2022, the Internal Revenue Service (IRS) announced tax changes for 2023 — changes primarily driven, in part, by the current inflationary environment. For affluent couples or individuals interested in transferring...

Monday, December 12, 2022

In today’s social media-obsessed world full of popular “influencers” targeting teens, pre-teens, and even younger groups, instilling values in your children and grandchildren about what really matters in life is more...

Friday, December 9, 2022

In late October, the IRS announced that it is increasing contribution limits to retirement savings accounts in 2023. The changes, like many you are seeing, are a direct result of months of high inflation and financial uncertainty, some...

Monday, February 4, 2019

After ending a negative fourth quarter in 2018, equities saw recovery in January with relatively strong increases. The Dow Jones Industrial Average (Dow), Standard & Poor’s 500 (S&P 500), and Nasdaq Composite were up 7.5%, 7.3%,...

Monday, November 5, 2018

Equities retreated from previous highs and moved lower during October with the Dow Jones Industrial Average (Dow), Standard & Poor’s 500 (S & P 500), and Nasdaq Composite down 5%, 6.9%, and 9.2%, respectively. Small cap stocks...

Thursday, September 6, 2018

Equities moved to new highs in August with the Dow Jones Industrial Average (Dow), Standard & Poor’s 500 (S & P 500), and Nasdaq Composite up 2.1%, 3%, and 5.7%, respectively. Small cap stocks, as measured by the Russell 2000...

Tuesday, July 10, 2018

Equities were mixed for the month with the Dow Jones Industrial Average (Dow) down about 4/10ths of 1% and the Standard & Poor’s 500 (S & P 500) up about ½ of 1%. The Nasdaq Composite and Russell 2000 index were up for the...

Monday, March 5, 2018

Equities were lower for the month, with the Dow Jones Industrial Average (Dow), Standard & Poors 500 (S & P 500) and Nasdaq down about 4.3%, 3.9%, and 1.9%, respectively. Small cap stocks were down about 4% for the month, based on the...

Monday, February 12, 2018

Despite losses in the last few days of January, equities had strong gains for the month, with the Dow Jones Industrial Average (Dow), Standard & Poors 500 (S & P 500) and Nasdaq up about 8.1%, 5.6%, and 7.3%, respectively. Small cap...

Monday, February 12, 2018

HAPPY NEW YEAR!! Equities were mixed in December, with the Dow Jones Industrial Average (Dow) down about 4/10ths of 1%. The Standard & Poor’s 500 (S & P 500) and Nasdaq were up about 1% and 4/10ths of 1%, respectively. Small cap...

Monday, February 12, 2018

Equities were higher in November as some markets pushed to record territory. The Dow Jones Industrial Average (Dow), Standard & Poors 500 (S & P 500), and Nasdaq were up about 3.83%, 2.8%, and 2.16%, respectively. Small cap stocks were...

Monday, November 6, 2017

Equities were higher for the month, some in record territory (again), during October, with the Dow Jones Industrial Average (Dow), Standard & Poors 500 (S & P 500), and Nasdaq up about 4.3%, 2.2%, and 3.5%, respectively. Small cap...

Wednesday, October 11, 2017

Equities generally moved higher, some in record territory, during September with the Dow Jones Industrial Average (Dow), Standard & Poors 500 (S & P 500), and Nasdaq up about 2%, 1.9%, and 5.8%, respectively. Small cap stocks up more...

Wednesday, October 4, 2017

TO: Valued Clients & Advocates FROM: Morrie W. Reiff, CFP® Your Financial Concierge SUBJECT: Equifax Breach & Credit Monitoring Information The Equifax breach of security has resulted in the compromise of the private information...

Thursday, September 28, 2017

An Index Fund is a type of Exchange Traded Fund (aka: ETF) An ETF is a fund that is traded on stock exchanges. An ETF can hold asset such as stocks, commodities, or bonds. They have been available in the US since 1993 and in Europe...

Thursday, September 14, 2017

When you turn on your television or radio and hear “Index this” and “Index that”, have you ever wondered what are all these “indices” are? You know it has to do with finance and stock markets, but...

Thursday, September 7, 2017

Equities generally moved higher in August with the Dow Jones Industrial Average (Dow), Standard & Poors 500 (S & P 500), and Nasdaq up about 2.8%, 2%, and 4.7%, respectively. Small cap stocks were down about 7/10ths of 1% for the month...

Monday, August 28, 2017

You spend your whole life working hard for your money, right? Well why not let your money work for you NOW? Do you have money piling up in your checking account or stored under your mattress? Well that might seem like a good idea at...

Friday, March 24, 2017

Do you have a "Modern Family" of your own? Do you have children and grandchildren who need financial guidance? Do you worry how your beneficiaries will handle their future inheritance? Whether it’s insurance planning, college...

Monday, March 13, 2017

Although we wish they did, Financial Advisor’s do not have a crystal ball to predict what the future holds. HOWEVER, there are many ways to protect your assets against the volatility of a market despite not having a magical...

Friday, March 3, 2017

Are you prepared for a financial emergency? Do you have a secret stash saved for a “rainy day?” What exactly qualified as an emergency? Natural Disasters Physical Accidents Vehicle Accidents Home Repairs Funeral Expenses...

Friday, February 24, 2017

Welcome to the official blog for Planned Asset Management! I would like to take a moment to tell you how excited we are to be adding a blog to our many forms of communication! In addition to monthly email newsletters, we are active on...