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Inflation & Corporate Profit Margins Thumbnail

Inflation & Corporate Profit Margins

There's a lot of talk about inflation in 2021 and we've now all experienced it in our own lives as well. The cause can be tracked back to many factors including the global pandemic and now supply chain issues. There's also a lot of talk about companies that sell products are now having their margins squeezed because of these rising prices, which means they're not as profitable. Now this could be true for a lot of companies; however, I want to show you a conflicting view where rising inflation and/or rising cost of goods can actually increase a company's margins. Now pricing for products is very complex for most industries but math is math and I definitely don't think this concept is being looked at enough.

What is Lifestyle Creep + Ways to Avoid It  Thumbnail

What is Lifestyle Creep + Ways to Avoid It

Are you suffering from the creep, the "Lifestyle Creep?" This is where your spending habits gradually increase over time with the more money you make. However, you don’t seem to be saving or investing the money you want for your retirement? This is a slow process over time with potentially big consequences long term on your finances. Watch this video and click below to see what you can do about it.

SECURE Act - 4 Items Everyone Should Know Thumbnail

SECURE Act - 4 Items Everyone Should Know

On December 20, 2019 the SECURE Act, or “Setting Every Community Up for Retirement Enhancement Act” went into effect. It offers several major adjustments to how we save, prepare for and enjoy retirement. This legislation will have substantive repercussions for individuals planning for their financial futures especially these four items: 1) Elimination of the Stretch Provision 2) Change of RMD age to 72 3) Qualified birth or adoption distribution 4) Certain timely tax provisions

CARES Act – 5 Key Items Everyone Should Know Thumbnail

CARES Act – 5 Key Items Everyone Should Know

In response to the COVID-19 global pandemic, the US Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act, a $2 trillion emergency fiscal stimulus package, in order to help ease the damaging effects it has had on the economy. The President signed it into law March 27th, 2020. Here are the 5 most important items I believe everyone should know.

Coronavirus Market Update Thumbnail

Coronavirus Market Update

Even though our offices are closed, we are working tirelessly from home for our clients. Here's a message from some of our team on the current market conditions relating to the coronavirus. We hope everyone stays safe and healthy. To learn more go to: https://turowskihitchcock.com/resources

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