Financial Planners Louisville KY
D. Scott Neal, Inc.
Ongoing Investment Management, Investment Advice without Ongoing Management, Retirement Plan Investment Advice, Retirement Planning & Distribution Rules, Advising Medical Professionals
NAPFA Registered Financial Advisor, BA, CFP®, CPA/PFS
Archer Financial Planning, LLC
Hourly Financial Planning Services, Retirement Planning & Distribution Rules, Investment Advice without Ongoing Management, College/Education Planning, Insurance Related Issues, including Annuities, Cash Flow/Budgets/Credit Issues
NAPFA Registered Financial Advisor, CFP®, MBA
Parker Financial Planning, LLC
Helping Clients Identify & Achieve Goals, Retirement Planning & Distribution Rules, Cash Flow/Budgets/Credit Issues, Ongoing Investment Management, High Net Worth Client Needs, Middle Income Client Needs
Sarah Jane Schaaf
Louis T Roth & Co
D. Scott Neal, Inc.
Ongoing Investment Management, Helping Clients Identify & Achieve Goals, Retirement Plan Investment Advice, Cash Flow/Budgets/Credit Issues, Planning Issues for Business Owners, Tax Planning
NAPFA Registered Financial Advisor, CFP®, CPA/PFS, M.Div., MBA
Coats Financial Planning
Middle Income Client Needs, Hourly Financial Planning Services, Ongoing Investment Management, Retirement Planning & Distribution Rules, Tax Planning, College/Education Planning
NAPFA Registered Financial Advisor, BBA, CFP®, MBA
Pillar Financial Advisors, LLC
Planning Concerns for Corporate Executives, High Net Worth Client Needs, Ongoing Investment Management, Retirement Plan Investment Advice, Tax Planning
NAPFA Registered Financial Advisor, CFA, CPA/PFS
Areas of Specialization
Comprehensive Financial Planning, General Financial Planning, Investment Planning, Retirement Income Management, Retirement Planning
Just Money Advisors, Inc.
Surviving a Stre$$ful Economy
By Lisa James and Allan Richter
Our country is facing the kind of economic crisis we haven't seen since
First the housing market imploded, then the banks stumbled, then sales of cars and other durable goods fell with an ominous thud. As a result layoffs have ravaged some of the country's biggest corporate icons: 10,000 jobs lost at Boeing, 10,000 at GM, 7,200 at Caterpillar, 6,700 at Starbucks.
The federal government counted nearly 4.8 million Americans receiving unemployment benefits at the end of January, with no end in sight.
You can find the victims of an economy in free fall everywhere. Emily, 56, and Marie, 47, were both among 50 people laid off in December from the IT department of a New York electronics firm. Even as they seek career counseling at a suburban New York State Labor Department office, Emily and Marie (who asked that their last names not be used) both fear that they are overqualified in whatever is left of today's job market. As Emily puts it, "Age is against us. Our experience is against us. We understand we have to take cuts in salary." Marie adds, "We're re-learning how to interview."
Comparisons have been drawn between the current crisis and the Great Depression - and with good reason. "We haven't seen anything of this magnitude for 70 years," says Barry Shore, PhD, professor of decision sciences at Whittemore School of Business and Economics, University of New Hampshire.
Some people are drowning in economically driven fear. One of them was Ervin Lupoe of Wilmington, California; both he and his wife, Ana, had lost their jobs at Kaiser Permanente West Los Angeles Medical Center. Police say that on the night of January 27 Lupoe shot his wife and five children before killing himself the next morning. Between the mortgage company and the IRS the Lupoes owed $17,500, with thousands more on a home equity credit line.
Such tragic stories may be rare but the effects of economic stress are not. In a 2007 survey by the American Psychological Association (APA), 74% of Americans rated work as a "significant source" of stress, with money right behind at 73%. This was before the current crisis started; it would be hard to imagine that those figures are any lower now.
As grim as they are, unemployment numbers tell only part of the story. According to a survey by the American Association of Retired Persons (AARP), nearly 60% of all Americans 45 and older have lost money on their investments, including their 401(k)s, and o...