Blog - North Light Financial Services

Coping with College Loans

Coping With College Loans Paying them down, managing their financial impact. Are student loans holding our economy back? Certainly America has recovered from the last recession, but this is an interesting question nonetheless. In a November 2013 address before the Federal Reserve Bank of St. Louis, Consumer Financial Protection Bureau Assistant Director Rohit Chopra expressed that college loan debt “may prove to be one of the more painful aftershocks of the Great Recession.” In fact, outstanding education debt in America [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:25-04:00June 27th, 2014|Personal Finance, Student Loans|Comments Off

Rising Interest Rates

Rising Interest Rates How might they affect investments, housing & retirees? How will Wall Street fare if interest rates climb back to historic norms? Rising interest rates could certainly impact investments, the real estate market and the overall economy – but their influence might not be as negative as some perceive. Why are rates rising? You can cite three factors. The Federal Reserve is gradually reducing its monthly asset purchases. As that has happened, inflation expectations have grown, and perception [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:25-04:00June 11th, 2014|Business/Economic News, Interest Rates, Personal Finance|Comments Off

Retirement Planning With Health Care Expenses in Mind

Retirement Planning With Health Care Expenses in Mind It is only wise to consider what Medicare wont cover in the future. As you save for retirement, you also recognize the possibility of having to pay major health care costs in the future. Is there some way to plan for these expenses years in advance? Just how great might those expenses be? Theres no rote answer, of course, but recent surveys from AARP and Fidelity Investments reveal that too many baby [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:25-04:00June 5th, 2014|Health Insurance, Personal Finance, Retirement|Comments Off

The Economy Heads for Normal

The Economy Heads for Normal A look at the fundamentals affirms the hunch. The stock market may be up and down this year, but America’s economic recovery seems to be proceeding at a decent pace. Anyone who wants some evidence of that can find it in some key fundamental indicators. Pessimists may counter: didn’t the economy grow just 0.1% in the first quarter? Indeed, that was the federal government’s initial estimate – but the initial estimate of quarterly GDP is [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:25-04:00May 29th, 2014|Business/Economic News|Comments Off

Women, Longevity Risk & Retirement Saving

Women, Longevity Risk & Retirement Saving Statistics point out the need to save early, save consistently & stay invested. Will you live to be 100? If you’re a woman, your odds of becoming a centenarian are seemingly better than those of men. In the 2010 U.S. Census, over 80% of Americans aged 100 or older were women.1 Will you eventually live alone? According to the Administration on Aging (a division of the federal government’s Department of Health & Human Services), [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:25-04:00May 15th, 2014|Investing, Personal Finance, Women & Finances|Comments Off