A Question of Balance

A Question of Balance Balance Sheets are the Rodney Dangerfield of finance – no respect. Everyone pays attention to income statements. Did earnings miss or beat expectations? Balance sheets, on the other hand, are rarely, if ever, discussed. The U.S., like corporations, sets a budget each year, but unlike corporations, there is often little regard […]
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Rescuing America’s Safety Net

Rescuing America’s Safety Net A March 2023 survey found that more than 90% of Americans worry about the Social Security program, and about half of those said they worry a great deal.1 A separate survey the same month found that more than 80% of Americans worry Medicare will not be able to provide the same […]
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Don’t Be Afraid to Look at Your Finances | Philip Palumbo

Don’t Be Afraid to Look at Your Finances | Philip Palumbo In today’s video, Phil Palumbo speaks about not being afraid to take an honest look at your finances. Please Click Here to view.   Palumbo Wealth Management (PWM) is a registered investment advisor. Advisory services are only offered to clients or prospective clients where […]
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Bear Market Bounces | February 5, 2022

Bear Market Bounces Investopedia describes a bear market rally as follows: “…a period inside of a bear market in which prices of stocks temporarily increase, sometimes quite sharply, before returning to new lows. This rise in prices is typically a short-lived increase, sometimes lasting anywhere from days to months, amidst an overall long-term downward trend […]
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Retirement Isn’t a Four-Letter Word | March 13, 2021

Retirement Isn’t a Four-Letter Word Each year J.P. Morgan releases an educational booklet on retirement and because we focus so heavily on retirement for clients, we have made it a practice of taking a few topics from it for our clients. Longevity: The first topic we want to address is longevity. We have always been […]
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Centenarians Dilemma | February 13, 2021

Centenarians Dilemma At PWM, we strongly prefer that all of our clients complete a retirement planning exercise so we can properly advise them in all their financial decisions. One of the key questions we need to estimate in developing the plan is how long they expect to live. The classic mistake is assuming that they […]
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PLANSPONSOR, July 20, 2020 | Social Security Burdens Fall on Younger Workers

PLANSPONSOR Article As unemployment rises and employees retire sooner, experts say Social Security will be exhausted faster than predicted…More   Palumbo Wealth Management (PWM) is a registered investment advisor. Advisory services are only offered to clients or prospective clients where PWM and its representatives are properly licensed or exempt from licensure. For additional information, please […]
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