by Springwater Wealth | Jun 9, 2020 | Newsletter, Retirement Concerns, Retirement Plans
If you are approaching retirement, you have probably begun to think about how much you will spend once you are no longer working. There is a long-standing rule-of-thumb that suggests that most people end up spending between 70% and 80% of the income they had just...
by Springwater Wealth | Apr 29, 2020 | Financial Planning, Newsletter, Retirement Concerns
When you retired, you crossed an invisible line in our society. On one side of that line reside all the workers in this country who support themselves by earning wages. On the other side are those who have stopped working and who will rely on other means to support...
by Springwater Wealth | Apr 27, 2020 | Financial Planning, Investment Management, Newsletter, Retirement Concerns, Wealth Management
Work on a vaccine is underway Over the weekend, President Trump’s tweets indicated he may be abandoning the daily briefings offered his White House Coronavirus Task Force. If you’ve been diligently watching the briefings, as we have, you may be relieved to learn...
by Springwater Wealth | Apr 21, 2020 | Newsletter, Retirement Concerns, Retirement Plans
The novel coronavirus abruptly ended the longest bull market in US stock market history. As we write this in spring of 2020, the broad stock market indices are down about 25% from the peak reached just a few weeks ago. If you are retired or approaching retirement,...
by Springwater Wealth | Apr 20, 2020 | Financial Planning, Investment Management, Newsletter, Retirement Concerns, Wealth Management
Scientists are racing to develop a vaccine for the Coronavirus The Markets On Friday, the stock market was up significantly on positive investor sentiment that things may soon return to normal. The Dow Jones Industrial Average rose nearly 705 points, or 3%, and the...
by Springwater Wealth | Apr 16, 2020 | Financial Planning, Investment Management, Newsletter, Retirement Concerns, Wealth Management
A Seattle small business closed due to the Coronavirus pandemic The Stock Market Yesterday, the Dow Jones fell 445 points, or 1.9%, while the S&P 500 index declined nearly 63 points, or 2.2%. As we write this, before the morning’s market opening, futures are...
