Your 2018 Financial To-Do List

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Things you can do for your future as the year unfolds.   November 28, 2017 What financial, business, or life priorities do you need to address for 2018? Now is a good time to think about the investing, saving, or budgeting methods you could employ toward specific objectives, from building your retirement fund to lowering your taxes. You have plenty of options. Here are a few that might prove convenient: Can you contribute more to your retirement plans this year? In 2018, the contribution limit for a Roth or traditional…

Manager Change to the UPAL Alternative Investment Fund

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Effective:  November 13, 2017 IMPORTANT ANNOUNCEMENT – CHANGE TO MANAGER LINE-UP UPAL ALTERNATIVE INVESTMENT FUND Upon reviewing the underlying mix of managers within the UPAL Retirement Program, we have decided, upon the advice of the Strategic Investment Advisory Group, the independent investment advisors to the Program, to remove AQR Managed Futures Strategy, Institutional Fund from the UPAL Alternative Investment Fund effective November 13, 2017.  The allocation to a managed futures strategy has not provided the diversification benefits and investment returns that were expected when it was added to the portfolio….

Avoiding the Cybercrooks

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How can you protect yourself against ransomware, phishing, and other tactics? October 30, 2017 Imagine finding out that your computer has been hacked. The hackers leave you a message: if you want your data back, you must pay them $300 in bitcoin. This was what happened to hundreds of thousands of PC users in May 2017 when they were attacked by the WannaCry malware, which exploited security flaws in Windows. How can you plan to avoid cyberattacks and other attempts to take your money over the Internet? Be wary, and…

Retirement in Sight – October 2017

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October 24, 2017 A Retirement Plan… or a College Plan?   Some parents feel they should pay for all or part of their children’s college education. They make it a financial priority and put saving for retirement further down on their to-do list. If their kids can graduate without any student loan debt, the thinking goes, they will be better positioned to provide financial support to mom and dad one day. This assumption may be hazardous to retiree financial health. One, the kids may not be inclined to provide such support…

Missed Yesterday’s Call? We’ve Got You Covered

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  Economic & Market Outlook Call – Replay Information If you missed the BOK Financial Economic & Market Outlook Call or would like to listen to the call again, a replay is now available. To access the audio recording: Dial: 1.877.344.7529 Access Number: 10110746 The replay will expire on November 11, 2017 at 8:00 a.m. Central. Web Presentation  

Will Debt Spoil Too Many Retirements?

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What pre-retirees owe could compromise their future quality of life. October 5, 2017 The key points of retirement planning are easily stated. Start saving and investing early in life. Save and invest consistently. Avoid drawing down your savings along the way. Another possible point for that list: pay off as much debt as you can before your “second act” begins. Some baby boomers risk paying themselves last. Thanks to lingering mortgage, credit card, and student loan debt, they are challenged to make financial progress in the years before and after…

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 our next 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 and your business. Wednesday, October 11, 2017 3:30 p.m – 4:30 p.m. Central Conference Call Number: 1.888.317.6003 Participant Elite Entry Number: 9494788 Featured Topic: The Democratization of Alternative Investments: Alternative investments have become commonly accepted by pension funds, foundations, family offices and other large investors. Considerable resources are being spent to…

Retirement in Sight – September 2017

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September 18, 2017 Retirement Calculators May Not Add in Everything  You may turn to an online retirement calculator for a simple snapshot of your retirement income needs and your retirement savings progress. These calculators are everywhere and so easy to use – but just how realistic are their projections? In truth, not very. They fail to consider many variables. While they may have you enter your present salary, the percentage of income you want to replace in retirement, your estimated retirement date, and the rate of return for your investments,…

Are You Really Saving Enough for Retirement?

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Why an early start (and accepting some risk) matters. August 29, 2017 Are you on track to save $1 million or more for retirement? If you are 50 or younger, you may need that much in savings to generate the kind of retirement income you prefer. Personal finance website NerdWallet recently did some math concerning this very objective. What kind of sustained savings effort would a 30-year-old with nothing invested need to make to amass $1 million in retirement savings by age 67, assuming a consistent 6% annual return? (Keep…

Why You Should Stay Invested Through Tense Times

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Crises pass, and markets eventually regain equilibrium. August 29, 2017 We have seen some uneasy times lately. Uneasiness impacts the financial markets. When it does, we all need to keep some long-term perspective in mind. Those who race to the sidelines and exit equities may regret the choice when crises pass. Wall Street loves calm. Traders literally want “business as usual,” every day. If breaking news disrupts that calm, it can rattle the market – but every investor must realize that these disruptive events are exceptions to the norm. (If…