by cambridgesourcesites | Dec 29, 2022 | Education
The U.S. Department of Agriculture estimates the cost of raising a child to the age of 17 for a middle-income family will be about $285,000. That’s approaching the median value of a new home in the U.S.1,2 If you want to add the cost of education to that number,...
by cambridgesourcesites | Dec 22, 2022 | Retirement
The Internal Revenue Service (IRS) has released new limits for certain retirement accounts for the coming year. After months of high inflation and financial uncertainty, some of these cost-of-living-based adjustments have reached near-record levels. Keep in mind that...
by cambridgesourcesites | Dec 19, 2022 | Weekly Insight
Recession Concerns, Fed Talk Keep Stocks Cold Presented by Crossroads Financial Advisors Hawkish comments by the Fed and weak economic data heightened investors’ recession concerns and sent stocks lower last week. The Dow Jones Industrial Average lost 1.66%, while...
by cambridgesourcesites | Dec 15, 2022 | Education
You may have heard of the Free Application for Federal Student Aid, or FAFSA, if you or someone you know has plans to attend a college, career school, or university. Last year, over 60% of high school seniors submitted a FAFSA to the Department of Education to secure...
by cambridgesourcesites | Dec 12, 2022 | Weekly Insight
Weekly Market Insights: Stocks Slide On Recession Concerns Presented by Crossroads Financial Advisors Recession fears and concerns that the Fed may consider a longer rate-hike cycle sent stocks lower for the week. The Dow Jones Industrial Average dropped 2.77%, while...