The Weekly Wealth of Knowledge is your download of this week's most important topics related to financial planning, the markets, and our community. September is "back to school" month at MONECO Advisors, where we will be providing you a host of content on everything from financing school supplies, helpful checklists to keep your kids safe this year, saving for college and much, much more!
In this issue:
- Average U.S. Retirement Savings By Age (4 min read)
- Federal Reserve Holds Interest Rates Steady (2 min read)
- The Best College Town In Every State (3 min read)
If you enjoy our Weekly Wealth of Knowledge, don't forget to check out our content on Facebook, Linkedin, and Twitter!
-------------------------------------------------------------
Average U.S. Retirement Savings By Age
A few weeks back we shared some content about savings rates state by state and which geographic areas stood out. This week, we dig down a little deeper and look at what the breakdown is for retirement savings based on age and generation. If you need to get a plan in place on how you could potentially save more, do not hesitate to reach out to the office to see how we can help!
-------------------------------------------------------------
The FED Holds Interest Rates Steady
The Federal Reserve announced last week that they plan on remaining steady and keep interest rates near zero, not really wavering from previous guidance. They also indicated that they would begin reducing their asset purchases "soon." With rates where they are now, there is only one logical move that can happen in the future, the big question is when do they start to hike and what impacts it will have on the overall markets & economic growth?
-------------------------------------------------------------
The Best College Town In Every State
As we close out "back to school" month here at MONECO and prepare for "breast cancer awareness" month in October, we have a look at the best college towns in every state. Is your alma mater on the list? If you are currently planning for your kids college savings, we can help put a long term strategy in place to assist.
Click here to read the full article
