More Americans Working Past 70

Max Smith, CFP®, CIMA® | Kent Forsey, CFP® American Workers, Blog, US Workforce

Although some potential retirees choose to remain in the work force well past the social security designated retirement age, others are finding it a necessity.  Workers who were either poor savers or who perhaps experienced a dramatic life crisis are finding themselves short on funds in their retirement years. Some workers who did plan accordingly, didn’t plan to live as …

Economic Update – 2nd Quarter 2017

Max Smith, CFP®, CIMA® | Kent Forsey, CFP® Blog, Economic Update

The past quarter and first half of the year were characterized by historically low stock market volatility, the strong performance of both stocks and bonds, and the reversal of several market trends. In this quarter’s commentary, we attempt to explain these phenomena, some of which may seem contradictory. Investment Environment The S&P 500’s actual realized volatility has fallen to among …

National Parks Contribute Over $34 Billion To Economy – Federal Programs

Max Smith, CFP®, CIMA® | Kent Forsey, CFP® Blog, Economic Impact, US Economy

With the summer months upon us, the National Parks are a destination for tourists all over the United States. National Parks are part of the National Park Service, which was established in 1916 by President Woodrow Wilson. Beginning with Yellowstone National Park in Montana and Wyoming, there are 417 parks today covering 84 million acres. On a recent visit to …

A Brief History of Tax Cuts – Historical Note

Max Smith, CFP®, CIMA® | Kent Forsey, CFP® Blog, Taxes

With so much effort right now by the current administration to lower taxes, an historical look at previous efforts seems appropriate. For nearly a hundred years, tax cuts have been a centerpiece of political strife among politicians, with both parties at times lobbying for lower tax rates. An accepted belief has been that lower taxes widen the Federal deficit and …

45% of Americans Pay No Federal Income Tax – Fiscal Policy

Max Smith, CFP®, CIMA® | Kent Forsey, CFP® Blog, Fiscal Policy, Taxes

Disparity of income has been a preponderate subject for politicians and activist groups for some time, yet in the end, it’s those that earn the higher incomes that pay for the majority of taxes. An estimated 77.5 million Americans, identified as households, pay no federal income tax. The non-partisan, non-profit tax group known as The Tax Policy Center released income …

What’s Up With Emerging Markets?

Max Smith, CFP®, CIMA® | Kent Forsey, CFP® Blog, Client Education

Many of you may agree that any exposure to Emerging Markets has continued to disappoint. However, this is not the time to diversify away from this sector of the market; in fact, quite the opposite is true. We need to keep in mind that ultimate success in long-term investing really boils down to the fundamental factors at work. For instance, …

Spotlight on Sher

Catherine Blair Blog, Company Updates

Many of you have had the opportunity to speak with our Office Assistant, Sher Burckhalter, over the past two months since she joined Hillspring Financial. We couldn’t be happier to have her as part of our team and are pleased to announce the update to the “Who We Are” section of our website offering a bit of background on our …

Is The Market Growing Too Fast?

Max Smith, CFP®, CIMA® | Kent Forsey, CFP® Blog, Client Education

Since the last bear market reached bottom in March of 2009, the S&P 500 has roared back 179%. As Dr. David Kelly of J.P. Morgan points out, “with the exception of the bull markets that started in 1982 and 1987, this has been the strongest bull market since the late 1940s.” (J.P. Morgan Market Insights, May 13, 2014) The question …

Welcoming Catherine Blair To The Hillspring Family!

Max Smith, CFP®, CIMA® | Kent Forsey, CFP® Blog, Hillspring Financial

We are very pleased to welcome Catherine Blair to our office as the Client Relations Manager. Catherine comes to us highly recommended and with extensive experience working in our industry, most recently as the Executive Assistant to the Branch Manager for a financial firm in Scottsdale. Catherine is a delightful person to be around and you will find her a …