Mixed Markets. Mixed News.

Markets last week were mixed with leading tech stocks falling dramatically as some investors pulled profits.  The NASDAQ took the biggest hit, finishing 1.55% down on the week-it’s worst week of the year.  Meanwhile, the Dow rose 0.31% for the week, notching another record close on Friday.  The S&P 500 fell 0.30%, and the MSCI EAFE closed the week down 1.22%.

Click here to read the full article.

One Couple, Two Different Retirements

After many years together, some retired spouses may find their daily routines far apart.

When you see online ads or TV commercials about retirement planning, do they ever show baby boomer couples arguing? No. After all, retirement planning is about the pursuit of a happy outcome – a fun and emotionally rewarding “second act” that spouses and partners can share.

Realizing that goal takes communication. As you approach retirement, you may not be who you were at 30 or 50. You and your significant other may want different daily lives once you retire. This is a frequently ignored reality in retirement planning. In preparing to retire, you might want to consider your individual preferences and differences when it comes to these factors:

How you spend your days. What does a good day in retirement look like to you? What does it look like for your spouse or partner?

Social engagement. How much time do each of you want to spend working, volunteering, or socializing? Your preferences may differ.

Your health. If you contend with serious health issues, you may define a “good day” in retirement much differently than your spouse or partner does.

Your spending. Where will your retirement income go? What will it be spent on besides basic living expenses? Your discretionary spending priorities and those of your spouse could vary. If they vary widely, this could be the source of some drama.

Your time alone. Some couples build businesses together or work in the same office or practice for years; others spend just a few hours per day around each other for decades. In retirement, you will likely be around each other for more hours of the day than when you worked. You will need to decide how much “me time” you need.

Your roles. Have you done most of the cleaning around the house? Or tackled most of the home improvement projects? Should it remain that way in retirement?

To some extent, your spouse or partner’s vision of retirement will vary from yours. It could vary 1%, or it could vary 99%, but some variance is almost certain. It need not breed discord so long as you recognize the following three truths. 

Some of your shared retirement savings will be used to fulfill individual dreams. The money you have saved and invested will provide financial support for you as a couple, but you also must concede that some of those dollars will be spent relative to each other’s individual goals, passions, and pursuits. The same applies for your retirement income.

You will not automatically see money the same way. Those online ads and TV commercials would have you believe that some kind of magic happens once retirement starts, leaving every retired couple to walk along the beach smiling, laughing, and in total agreement about their future. Yes, retired couples do disagree about money; they also learn to overcome those disagreements through understanding and compromise.  

Many things are more valuable than money in retirement. Time is probably your most valuable asset, and your health and relationships are close behind. So, whether your retirement savings falls short of or far exceeds the median baby boomer amount of $147,000 (as identified last year by the Transamerica Center for Retirement Studies), keep what matters most in mind.1


Brad Connors may be reached at 507-835-9111 or info@iWealth4me.com.



This material was prepared by MarketingPro, Inc., and does not necessarily represent the views of the presenting party, nor their affiliates. This information has been derived from sources believed to be accurate. Please note – investing involves risk, and past performance is no guarantee of future results. The publisher is not engaged in rendering legal, accounting or other professional services. If assistance is needed, the reader is advised to engage the services of a competent professional. This information should not be construed as investment, tax or legal advice and may not be relied on for the purpose of avoiding any Federal tax penalty. This is neither a solicitation nor recommendation to purchase or sell any investment or insurance product or service, and should not be relied upon as such. All indices are unmanaged and are not illustrative of any particular investment.

Securities, advisory services, and insurance products are offered through Investment Centers of America, Inc (ICA), member FINRA, SIPC, a Registered Investment Advisor, and affiliated insurance agencies.  ICA and iWealth are separate companies.


1 – forbes.com/sites/forbesfinancecouncil/2017/05/15/retirement-its-not-as-simple-as-it-used-to-be/ [5/15/17]

Stocks Advance, Economy Softens

Last week, the S&P 500, Dow, and NASDAQ closed at all-time record highs.  The S&P 500 rose 0.96%, the Dow gained 0.6%, and the NASDAQ grew by 1.54%.  Meanwhile, the MSCI EAFE gained 1.64% for the week.

Click here to read the full article.

Strong and Steady Markets

The markets marched ahead last week with the S&P 500 and the NASDAQ reporting all-time records, albeit just slightly above previous highs.  The S&P rose 1.43% over last week, while the NASDAQ was up 2.08%.  The Dow gained 1.32% and the MSCI EAFE gained 0.14% for the week.  Volatility subsided as the CBOE Volatility Index, which gauges fear in the market, fell 9.8 at the end of the week.

Click here to read the full article.

Volatility Returns to Markets

Early last week, both the S&P and NASDAQ recorded all time highs before tumbling along with the Dow as political concerns rose.  By Friday, though, the markets had largely rebounded and steadied.  The S&P 500 closed the week down 0.38%, the Dow saw a 0.44% loss, and the NASDAQ reported a 0.61% decline.  The MSCI EAFE reported up 0.79% for the week.

Click here to read the full article.

Markets Ignore the Politics

Markets tuned out the noise from Washington last week and continued to focus on economic fundamentals.  Mildly rebounding retail sales and strong consumer sentiment seem to point toward a modestly stronger second quarter.

Click here to read the full article.

Markets Stay Steady

Last week, stocks rose but floated within a narrow trading range.  By Friday, however, both the S&P 500 and the NASDAQ reached record highs.  For the week, the S&P 500 gained 0.63%, the Dow finished up 0.32%, and the NASDAQ rose 0.88%.  The MSCI EAFE added 1.7%.

Click here to read the full article.

Strong Markets and Slow GDP

Stocks continued their advance on generally strong earnings reports this week despite the GDP report showing a slow first quarter economy.  The S&P 500 rose 1.51%, the Dow gained 1.91%, and the NASDAQ added 2.32%.  On Tuesday, the NASDAQ posted record highs as it closed over 6,000 for the first time.  Internationally, the MSCI EAFE was up 2.97%.

Click here to read the full article.

Stocks Gain. Questions Remain.

Domestic stocks posted losses on Friday, April 21, largely due to investor concerns about the French election.  Despite these daily losses, U.S. indexes broke their two-week losing streak, with the S&P 500 adding 0.85%, the Dow gaining 0.46%, and the NASDAQ increasing 1.82%.  International stocks in the MSCI EAFE grew by 0.18%.

Click here to read the full article.

Stocks Slip for Second Week

Last week, major indexes experienced losses for the second week in a row, with the S&P 500 falling 1.21%, the Dow giving back 1.01%, the NASDAQ dropping 1.26%, and the MSCI EAFE declining 0.14%.

Click here to read the full article.