Retirees Should Have Spending Plans

Date:

Without such strategies, they can risk going through their savings too fast. Provided by UPAL  November 7, 2016 Every day, articles appear urging people to save for retirement. These articles are so prevalent that it may seem like retirement planning is entirely about getting people to save. Actually, retirement planning concerns much more than that. It has another aspect well worth discussing: the eventual spending of all of that money that has been accumulated. Too few Americans coordinate their retirement spending. Earlier this year, Ameriprise asked more than 1,300 savers…

Retirement in Sight – October 2016

Date:

Do You Understand the Social Security “Earnings Penalty”? Most baby boomers know that their Social Security benefits can be reduced if they earn too much in retirement. While 76% of baby boomer respondents to a 2015 AARP survey understood this fact, 57% also thought they would never recoup those surrendered benefits. That is incorrect. Social Security’s “earnings test” only applies before you reach Full Retirement Age (66-67 years old, depending on your birthdate). If you receive Social Security benefits before your FRA, your benefits will be reduced by $1 for…

Economic & Market Outlook Call – Replay Information

Date:

    If you missed the BOK Financial Economic & Market Outlook call or would like to listen to the call again, a replay of the call is now available. Participants will be required to state their name and company upon entering the call. To access the audio recording: Dial: 1.877.344.7529 Access Number: 10090146 The replay will expire on November 2, 2016 at 8:00 a.m. Central Web Presentation     © 2016 BOK Financial. Services provided by BOKF, NA. Member FDIC. BOK Financial  |  P.O. Box 2300 | Tulsa, OK 74192

October Is National Financial Planning Month

Date:

Saving is a great start, but planning to reach your financial goals is even better. Provided by:  Kent Butcher, MBA, Registered Investment Advisor Representative Lea Ann Nunley, Registered Investment Advisor Representative September 23, 2016 Are you saving for retirement? Great. Are you planning for retirement? That is even better. Planning for your retirement and other long-range financial goals is an essential step – one that could make achieving those goals easier. Saving without investing isn’t enough. Since interest rates are so low today, money in a typical savings account barely…

You’re Invited: BOK Financial’s Economic and Market Outlook Call

Date:

  Please join Jim Huntzinger, BOK Financial’s Chief Investment Officer, for our next Economic & Market Outlook Call. Wednesday, October 12, 2016 3:30 p.m.-4:30 p.m. Central Conference Call Number: 1-888-317-6003 Participant Elite Entry Number: 7580285 Conference Call Topics: 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. We’ll also be discussing: Understanding The Cyber Threat Exposure In The Financial Sector Presented By: David Poczynek – Senior Vice President, Chief Information Security Officer for BOK Financial…

What Will the Election Do to the Market?

Date:

Will volatility seize Wall Street? Or will calm prevail? Provided by:  Kent Butcher, MBA, Registered Investment Advisor Representative Lea Ann Nunley, Registered Investment Advisor Representative September 9, 2016 Wall Street has had a rather calm summer. How about fall? Will volatility increase before and after Election Day?  So far, the market is performing roughly in line with historical patterns. In 19 of the prior 22 presidential election years, the S&P 500 advanced from June through October. The median gain for the index during that 5-month period: 4.1%.1 During those 22…

The Many Benefits of a Roth IRA

Date:

Why do so many people choose it rather than a traditional IRA?  Provided by:  Kent Butcher, MBA, Registered Investment Advisor Representative Lea Ann Nunley, Registered Investment Advisor Representative September 9, 2016 The Roth IRA changed the whole retirement savings perspective. Since its introduction, it has become a fixture in many retirement planning strategies. The key argument for going Roth can be summed up in a sentence: Paying taxes on retirement contributions today is better than paying taxes on retirement savings tomorrow. Here is a closer look at the trade-off you…

Notice: UPAL Retirement Program Change

Date:

August 23, 2016 A few changes will be made this week to 3 of the 4 UPAL Pooled Fund Models in the UPAL Retirement Plan Program as indicated below.  These changes are recommended by the BOKF Asset Allocation Committee: No changes will occur in the Fixed Income Model Allocation. Conservative Model Allocation – Reduce the allocation to the UPAL Alternative Investment Fund by 2%, increase the allocation to the UPAL Core Bond Fund by 1% and increase the allocation to the UPAL International Fund by 1%. Balanced Model Allocation –…

Retirement In Sight – August 2016

Date:

WHO CLAIMS SOCIAL SECURITY AT 62, AND WHY? According to the Center for Retirement Research at Boston College, 48% of men and 42% of women take Social Security benefits as soon as they are eligible for them. A baby boomer who claims those benefits at age 62 will get 25% less monthly Social Security income than a boomer who waits to claim benefits at age 66, and 32% less than a boomer who puts off filing for benefits until age 70. Those who claim at first opportunity may have urgent…

Stocks & Presidential Elections

Date:

What does history tell us – and should we value it?  Provided by Kent Butcher, MBA, Registered Investment Advisor Representative July 29, 2016 As an investor, you know that past performance is no guarantee of future success. Expanding that truth, history has no bearing on the future of Wall Street. That said, stock market historians have repeatedly analyzed market behavior in presidential election years, and what stocks do when different parties hold the reins of power in Washington. They have noticed some interesting patterns through the years, which may or…