Market Results Across the Generations: Find Yours!

The celebration of the Memorial Day holiday is quickly approaching. Typically, we eagerly anticipate this three-day weekend that heralds the beginning of the summer season. This year is different. However, some traces of good news are beginning to surface that suggest a pretty good summer may be on the horizon after all. Specifically, it is now being suggested that socializing outside may be an effective strategy as we take initial steps to recover from the current crises.

Financial questions as we recover
Feeling safe to transition from sheltering-in-place is likely on everyone’s mind. Specific financial questions are top of mind, too, particularly for the millions of Americans who have experienced an abrupt change in their income. Our Entrust advisors were asked by to answer some of them. Perhaps you or someone in your network would benefit from this Q & A article:

Market Results Across the Generations: Find Yours!

As some of the day-to-day questions such as those in the article cited above are resolved over the coming weeks, we believe that investors will turn their attention more fully to their portfolios, particularly their retirement portfolios. Therefore, stay tuned following the holiday weekend as we provide more in-depth coverage of the relationship between the equity market performance illustrated on the chart above¹ and your retirement planning—pre-retirement, and for those already enjoying their retirement years.

Small Business Owners have questions, too
Before concluding we would like to mention the following, which may answer vital questions for small business owners. Those who received a PPP loan will be relieved to know of the safe harbor that was published by the SBA² (Small Business Administration): “Any borrower that, together with its affiliates, received PPP loans with an original principal amount of less than $2 million will be deemed to have made the required certification concerning the necessity of the loan request in good faith.” Please contact us if you have any questions about this timely clarification.

We trust that you continue to take every precaution to protect your personal wellness and safety during this challenging time. Please share this webpage with your network and remember that we are available by phone (610.687.3515) or We welcome the opportunity to discuss the financial considerations that may be on your mind.

Disclaimer: The Entrust Financial advisors responded to the questions in the Main Line Parent article to offer guidance as readers tackle challenging financial events. No part of any response shall be considered as tax, legal, or investment advice or recommendations.
¹Four Generations Chart provided by Capital Group/American Funds. 2020
²SBA, in consultation with the Department of the Treasury, determined the safe harbor that will apply to SBA’s review of PPP loans with respect to this issue.
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