Entrust Blog

The surge in cases of the COVID-19 resulted in a sweeping reaction last week in the capital markets. Three market indicies that are familiar to many individual investors—The Dow Jones Industrial Average (The Dow), S&P 500, and Nasdaq—fell 10 % or more, the largest weekly loss since the 2008 financial crisis. Fears of a pandemic and/or prolonged global economic slowdown, heralded by the coronavirus worries, triggered the widespread sell-off. Our Entrust perspective is that while the current downturns signal ...

We often hear news reports about decisions of the FOMC (Federal Open Market Committee) but are rarely in the presence of a committee member to learn about the goals and work of the group. Kudos to the Forum of Executive Women for hosting Lara Rhame, Chief U.S. Economist for FS Investments, interviewing Loretta J Mester, President and Chief Executive Officer of the Federal Reserve Bank of Cleveland. Mester’s perspective on current economic conditions was refreshing and confidence-inspiring in ...

Good News, Bad News for Your Retirement Accounts: The SECURE Act If you own a retirement account, you could experience good or bad news in the year ahead due to the recent passage of the “SECURE Act.” Good News If you have not yet been required to begin distributions from your retirement account(s) (the minimum amount you must withdraw from your account each year), you are now permitted to wait until you reach the age of 72, providing you ...

At Entrust Financial, we are often asked what our services are. We understand this question because financial lives today can have many moving parts, parts that often overlap and are complicated and confusing. Clients and friends who know us at Entrust are aware that we love every little detail of financial complexity and are thrilled to orchestrate financial success for our clients, so they can spend time on what they love instead! To help describe what differentiates Entrust Financial, ...

Entrust hosts periodic educational sessions to help women ensure that they are on track financially. One vital educational topic is: What Matters Most in Retirement? Income. In fact, just the other day we enjoyed a robust discussion at our session that was devoted to retirement planning. The women in the group who admitted they are not yet on track with respect to their retirement planning reported that they lost ground due to divorce. Fortunately, our session showed it is ...

As Americans celebrated Labor Day weekend, many employees and workers probably gave thought to what they could do to “make work optional,” or retire, as soon as possible. If already retired, attention might have been given to improving their retirement income picture. After all, having enough income to maintain one’s standard of living throughout retirement is a cherished goal for most of us. Consider these tips as a starting point: INVEST: To support future spending. UPON RETIREMENT: Reduce ...

There is nothing like uncertainty to prompt investors to question just how well they understand the power of the capital markets. And uncertainty we have—politically, globally, and with respect to one common target of complaint—the weather. Well, we will never be able to control the weather, but we can respond to it effectively. And we can respond appropriately to the power of the capital markets, too, and put that power to work for us regarding our portfolio of investments, ...

Middle Class Millionaires: Personal and Business Finance—Tips from the Top Q2, 2019 Build Your Professional Team: Investment Advisor, Insurance Agent, Accountant (CPA), Attorney As we head into the beautiful spring season, our Entrust Financial team is launching a new approach to our communications with clients and the community. We will draft our weekly blogs around a quarterly theme, complete with video story illustrations of the content. This will permit readers to go more deeply into each personal and business-related finance ...

We all want to make the right decisions when it comes to our money. Therefore, at Entrust we identified three components of wealth management that can make all the difference to you, when it comes to long-term financial success. These are: Holistic wealth management planning for the long-term Values and goals-based portfolio strategy (rather that product-based) Periodic review meetings to assess and refine planning, as needed There may be no better illustration of the need for these three components than ...

Most of us want to retire—someday. And we aim for our investments to appreciate so that we can distribute income from them throughout our retirement years, without running low on money and equally importantly, without diminishing our style of living. When the capital markets gradually appreciate, our goals for making work optional—retirement—feel good indeed. Now that volatility has returned with a vengeance, it can take a dose of faith to stay invested. However, there are three things we investors ...