You’ve probably heard by now that the 2016 cost of living (COLA) adjustment for Social Security benefits is zero—the third time this has happened in the last seven years (most recently, 2010 and 2011). In fact, Social Security benefit increases have stalled since the Great Recession; only once since 2008 have they risen by more than 2%.
Many investors will be glad to finally see the end of the third quarter of 2015, and most of them will feel like their portfolios are worse off than they actually are.
Great news! As many of you may have heard, earlier this summer our state passed the College Affordability Act. For the next two years, this act lowers tuition for Washington State colleges and universities.
Many people are, without a doubt, concerned over what has been transpiring in the markets over the past few weeks. I wanted to address some of the concerns you may have been feeling.