Clarksville Weekly Market Snapshot from Frazier Allen for the week of June 7th, 2017
Clarksville, TN – The May Employment Report was generally disappointing. Nonfarm payrolls rose by 138,000 (median forecast: +185,000), while figures for March and April were revised a net 66,000 lower.
Retail payrolls fell for the fourth consecutive month (down more than 80,000 since January, which is more than the total number of coal miners). The unemployment rate dipped to 4.3%, a 16-year low, partly reflecting a sharp drop in the rate for young adults (which could reflect a seasonal adjustment issue, although the trend is clearly lower).
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Frazier Allen: Smart Retirement Withdrawal Strategies
Clarksville, TN – For many, tapping into your retirement principal causes some anxiety.
Whether you’re months or years from retirement, work with your advisor to develop a withdrawal strategy that gives you confidence that your money will last as long as your retirement does.
Fortunately, there are flexible strategies that can be used alone or in combination. With each of these strategies, it’s a good idea to start with a conservative withdrawal rate and increase it as your portfolio grows.
Planning ahead for your retirement withdrawal strategy.
Frazier Allen: Tune in to levels of control
Clarksville, TN – Know what you can tweak to find your ultimate retirement income mix.
As much as some of us would like to control everything, the truth is we can’t. Many retirees harbor a distant fear that their money may not last as long as they need it to.
When it comes to something as important as your retirement income, knowing what you can control and by how much may help save your energy for the things you can change.
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Frazier Allen: Retirement choices go Global
Clarksville, TN – If the prospect of a pleasant retirement in an exotic locale appeals to you, you’re in luck because the options for retiring abroad are expanding. The numbers of expat English-speaking communities are growing in countries that offer safety, low taxes, attractive residency options and excellent healthcare facilities.
Life in a foreign land is not for everyone, of course. There is almost certain to be an element of culture shock. However, the attractions of an adventurous lifestyle tip the scales for many retirees. Retirement experts caution against making hasty decisions to move abroad.
More than ever, retirees are finding exotic locales that complement their monetary needs.
Clarksville Association of Realtors held 10th annual FUEL fundraiser May 6th
“Appetite For Art” Raises $12,500 for FUEL
Clarksville, TN – The Clarksville Association of Realtors® (CAR) hosted their 10th annual FUEL fundraiser, on Saturday, May 6th, 2017. The theme for this year’s event was “Appetite for Art.”
“Appetite for Art” was a farm to table dinner at the Budweiser Family Barn in Cedar Hill, Tennessee that included food from local farmers and vendors, and featured a live and silent auction of artwork from Montgomery County students.
Valerie Hillenberg (Hazelwood Elementary) and Paul Grise.
Frazier Allen: Thriving with Special Needs
With thoughtful planning, you can help ensure the future care of a loved one with a disability.
Clarksville, TN – To live a full life, and attain some measure of security and happiness – this is what all good parents want for their children, including those with sons and daughters who have disabilities.
The difference is that families caring for a child with special needs often require special care to color in the details and make that dream a reality.
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Clarksville hosted Weekend Sporting Events Bring 8,300 people, $3.2 Million to Local Economy
Clarksville, TN – Visit Clarksville welcomed two major events this weekend that, combined, pumped over $3.2 million into the local economy.
The Tennessee Middle School Athletic Association (TMSAA) Track & Field State Championships brought some 2,520 visitors, including 600 athletes, who competed at Austin Peay State University’s Fortera Stadium for top medals in discus throw, high jump, long jump, shot put along with multiple track events.
The Tennessee Middle School Athletic Association (TMSAA) Track & Field State Championships were held at APSU’s Fortera Stadium on Saturday. Pictured here are Discus Throw, Shot Put and the High Jump.
Frazier Allen: Six Myths About Sustainable Investing
Clarksville, TN – While interest in sustainable investing has grown in recent years, myths regarding the popular strategy abound.
The socially and environmentally conscious approach is designed to allow investors to build portfolios that align with their desires to make a positive impact on society and the environment – while also taking into account the risks and returns of conventional investing.
While interest in sustainable investing has grown in recent years, myths regarding the popular strategy abound.
Altra Federal Credit Union welcomes Gail Fielder as Office Manager
Clarksville, TN – Gail Fielder brings 11 years of lending experience to Altra Federal Credit Union. She was recently a Branch Manager at Ascend Federal Credit Union in Nashville, TN.
“We are pleased to have Gail Fielder as our Office Manager in our Clarksville office at Madison Street,” said Dan Schwaab, Regional Vice President for Altra Federal Credit Union. “Her experience and passion will be an asset our members.”
Gail Fielder
Frazier Allen: Where Medicare Falls Short
Clarksville, TN – It’s never too early to start thinking and planning for retirement, especially when it comes to the top three expenses: housing, transportation and healthcare. You may have a clear vision of your ideal retirement, but that dream could fade if unexpected healthcare costs start to eat away at your hard-earned retirement savings.
The fact is, even with Medicare, quality healthcare can come with a hefty price tag. There are still premiums, copayments, deductibles and other out-of-pocket expenses that must be accounted for.
Clarksville Police warns public about criminals posing as salesmen that take advantage of senior citizens.
