Housing prices continue to cool, but we look for the housing industry and the consumer to continue supporting GDP growth as manufacturing and export sectors show signs of slowing. The S&P/Case-Shiller National Home Price Index for June 2019 showed that prices gained 3.1% year-over-year, down from 3.3% in May and…
Every year a new retirement study is released, and every year the highlights are the same. People are not saving enough for retirement, and the older people get the more stressed they become about being able to afford to retire. Businesses have a unique opportunity to help reverse this decades-long…
2Q GDP GROWTH RATE LOWERED TO 2.0% The Commerce Department lowered its estimate of 2Q 19′ GDP growth rate to 2.0% from 2.1%. The results, which were in line with expectations, portray a U.S. economy that remains is in solid shape (the long-term growth forecast for GDP is 2.0%) but…
Over the next three decades, younger generations will inherit over $30 trillion. During this same period, thousands of prosperous small and medium businesses will also change hands. This massive transfer of wealth may cause some significant problems for those on the receiving end. You already know how critical money management…
What do employers need to know about retirement plan fees? Employees are becoming more sophisticated when it comes to their retirement benefits. The fees your plan charges your employees may hurt your ability to attract top talent in the future and can even increase employee turnover. Retirement Plans as a…
Attracting high-quality patients may not be as difficult as you think. Something strange happens to our brains when we become experts at something. We forget what it was like to be ignorant. There was a time when you felt differently about dentists and dentistry than you do today. Your patients…
Everyone claims they want more money, but few of us are doing the things we need to do to make more money. If you are like most Americans, you are losing out on free money in your company 401(k).More than two-thirds of employees are failing to max-out their 401(k) contributions….
Unused vacation days can be costly. Would you give up a share of $62 billion? If your answer is no, then you may be a member of the relatively small group of Americans (36 percent) that takes all of the vacation days available to them each year. In survey after…
Are You a Good Boss? The most important element in building a successful dental practice isn’t your skill as a dentist. It isn’t even your business acumen. The most important element in a successful dental practice is your skill as a boss. Your patients will spend much more time interacting…
One of the biggest mistakes people make with their wealth building is to focus too much on growth. This is like a basketball team that only focuses on offense, and never plays defense. They may win some games, but they won’t ever have enough firepower to win the championship. We…
