It’s been one year since the infamous Equifax hack, which exposed nearly 145 million Americans’ personal information, including Social Security numbers, drivers license information, and more. While some have discovered since then that they’ve become vulnerable to the nightmarish reality of fraudulent charges or identity theft, for most Americans this event served as a wake-up […]
Despite not even being halfway into the year, 2018 has been a busy one for us at Per Stirling, and in the best of ways. From the inception of our firm, we’ve championed our fiduciary commitment in everything we do and our growth over the years has been a testament to this philosophy. Clients want […]
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It’s tempting to mix politics and investing, but simply put, don’t do it. It has been a year since Donald Trump won the 2016 presidential election. Over the course of the last year, I have heard from many people who were concerned about what the markets might do under a Trump presidency. (Interestingly enough, I […]
financial plangeopoliticsinvestingObamapolitical uncertaintypoliticsTrumpOnline data breaches and malicious cyber attacks are making the headlines with increasing frequency these days, but the recent Equifax hack is particularly troubling. Since Equifax is one of the three main credit bureaus used by millions of individuals and organizations to verify the financial information and creditworthiness of a potential borrower (or other entity), […]
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Recently, the International Journal of Medical Education published an article by authors from my alma mater, Washington University in St. Louis, which assessed residents’ and fellows’ knowledge of finance principles. Despite medical professionals’ high degree of specialized knowledge in their own field, the research showed that young trainees had low financial literacy, low tolerance for […]
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You’ve heard the stories before: someone receives a tremendous inheritance, or picks the winning lottery numbers, and is sure to live happily ever after, free from financial worries. However, there’s a catch: that “happily ever after” doesn’t always materialize. In fact, in many cases, sudden money can leave the recipient worse off than before the […]
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It’s no secret that Americans, on the whole, are worried about their future retirement. In fact, according to a recent report, roughly 3 out of 4 Americans are concerned about economic conditions that may impair a secure retirement. This is a sentiment shared across the entire political spectrum, as the report notes, but is also […]
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This post comes from Per Stirling Partner and Financial Advisor, Kenneth Price, CFP®, CFA®, AEP®, CLU®, ChFC®. This week, the Federal Deposit Insurance Corporation (FDIC) issued a press release to encourage consumers to commemorate “America Saves Week” by taking advantage of automatic savings to achieve financial goals. Why call national attention to something as ordinary […]
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The American Medical Association and its insurance subsidiary recently issued new benchmarking data for physicians with a new publication titled 2016 Report on U.S. Physicians’ Financial Preparedness. Although the study was tailored to better understand the unique financial situation of medical households, it can still offer insight and ideas to most professionals who share similar […]
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The most recent statistics from Franklin Templeton Investments’ fifth annual national survey on retirement strategies revealed an alarming takeaway: today, even fewer Americans aged 18+ are actively saving for their retirement. When the study was conducted two years ago, 35% reported not saving for retirement. This year, that number jumped to 41%. On top of […]
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