Retirement in Sight – September 2018

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Monthly News and Information for Current and Future Retirees Presented by UPAL – SEPTEMBER 2018 QUOTE OF THE MONTH “Love is, above all else, the gift of oneself.” Jean Anouilh YOUR “SECOND ACT” COULD START BEFORE 60 Many baby boomers are vowing to work past age 65, even into their seventies. You may be one of them, and you may realize that ambition. Keep in mind, though, that some people end up retiring prior to age 60 and not by choice. If you sense that could happen to you, think…

Join Us For BOK Financial’s Economic & Market Outlook Call

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Please join Jim Huntzinger, BOK Financial’s Chief Investment Officer, for a Mid-Year Economic & Market Outlook Call. We will provide a comprehensive market analysis, review the latest U.S. and global economic conditions and discuss what it means for you.   Tuesday, October 9, 2018 3:30 p.m – 4:30 p.m. Central Conference Call Number: 1.888.317.6003 Participant Elite Entry Number: 1380074 Featured Topic: The Three-Pronged Analysis of the U.S. Dollar: A look into the fundamental, technical and political analysis of the U.S. dollar. Presented by: Dave Maher, Senior Vice President, Manager of…

Retirement in Sight – August 2018

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Monthly News and Information for Current and Future Retirees Presented by UPAL – August 2018 QUOTE OF THE MONTH “To me, old age is always 15 years older than I am.” BERNARD M. BARUCH THINK OF YOUR RETIREMENT IN THREE PHASES Phases, stages, acts, chapters, steps. Whatever you want to call them, consider that your retirement may unfold in a way many others have, in three successive financial segments. Your budget and income could see adjustments as you move from one phase into the next. In the first phase of…

Build Your Rainy Day Fund

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Like an emergency fund, it can come in handy. August 17, 2018 Sometimes, life gets expensive. A little bad luck or a twist of fate can hit us right in the checkbook and challenge us to live within our budget. An emergency fund may help us handle major financial disruptions. For the minor ones, a rainy day fund may suffice. A rainy day fund and an emergency fund differ in scale, but not purpose. Both funds are designed to fully or partly absorb sudden costs. An emergency fund contains enough…

Starting a Roth IRA for a Child or Grandchild

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This early financial decision could prove profoundly positive over time. August 17, 2018 Do you have a child or grandchild earning some income? Indirectly, that after-school or summer job might present a savings opportunity for that teenager. You could help your child or grandchild save for future goals by assisting them to create and fund a Roth IRA. So many people wish they had begun saving for retirement sooner. Imagine how your child or grandchild’s prospects for building lifetime retirement savings might improve by starting as soon as possible.     Here…

Retirement in Sight – July 2018

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Monthly News and Information for Current and Future Retirees Presented by UPAL – JULY 2018 QUOTE OF THE MONTH “Nothing is a waste of time if you use the experience wisely.” Auguste Rodin WHY TAKE ON DEBT TO HELP YOUR KIDS WITH COLLEGE? An unsettling trend is emerging among pre-retirees and retirees. Parents are picking up a greater share of college education costs, and in doing so, they may risk damaging their retirement prospects. A new analysis of higher education debt patterns by SavingforCollege.com finds that the average college loan…

Retirement in Sight – June 2018

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When It Comes to Retirement Savings, How Much Is Enough? While it is hard for any pre-retiree to determine an exact answer to that question, it seems some are just stumped. A Bankrate survey just asked working-age Americans how much they should save to have a comfortable retirement, and the most common answer (61%) was “Don’t know.” The average estimate of those 39% who ventured a guess was $650,000. One average, members of Generation X felt they would need $1 million, while baby boomers and those age 73 and older…

Join Us for BOK Financial’s Economic & Market Outlook Call

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Please join Jim Huntzinger, BOK Financial’s Chief Investment Officer, for a Mid-Year Economic & Market Outlook Call. We will provide a comprehensive market analysis, review the latest U.S. and global economic conditions and discuss what it means for you.   Wednesday, July 11, 2018 3:30 p.m – 4:30 p.m. Central Conference Call Number: 1.888.317.6003 Participant Elite Entry Number: 6887739 Access to the web presentation will be made available on Wednesday, July 11. You may submit a question in advance using the button above. All questions will be submitted anonymously to…

Set Goals as You Save & Invest

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Turn your intent into a commitment. June 11, 2018 Goals give you focus. To find and establish your investing and saving goals, first ask yourself what you want to accomplish. Do you want to build an emergency fund? Build college savings for your child? Have a large retirement fund by age 60? Once you have a defined motivation, a monetary goal can arise. It can be easier to dedicate yourself to a goal rather than a hope or a wish. That level of dedication is important, as saving and investing…

Allocation Changes – UPAL Pooled Fund Models Only

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The BOKF Asset Allocation Committee met recently and made a few changes to the tactical asset allocation guidance.  The Committee was of the view that the positive market environment should persist into the new year due to stronger growth.  Fixed income returns will likely remain muted as the Federal Reserve continues to raise rates and normalize their balance sheet.  The decision was made to increase equities and decrease fixed income.  In addition, they decided to overweight value relative to growth in the large cap space due to the anticipation that…