McCarthy Wealth Solutions, LLC

Tell me and I will forget

     Show me and I may remember

        Involve me and I will understand

                                                                   Chinese Proverb

Our focus is to understand our clients' values and goals and to fully involve them in the process of building their financial plan and achieving financial success.

 

From the desk of Jim McCarthy

For current Market Updates, please click here

 

May 2012 Monthly Outlook - Growth Alert?

 

After a very strong start to 2012, I am seeing signs of a slowdown in economic momentum.  The question I have is whether we are in for a repeat of the economic slowdowns (and the simultaneous volatility and decline in the equity markets) of 2010 and 2011.  Below is a chart of the Weekly Leading Index from the Economic Cycle Research Institute, an independent forecasting group.  While no index is completely accurate, over the past several years the ECRI Leading Index has rolled over (turned downward) just prior to the economy and the financial markets hitting a rough patch. Notice the recent decline in this index.

Source: ISI

Read more >  http://www.mccarthywealthsolutions.com/Jims-Monthly-Outlook.3.htm

Outlook archives: https://mccarthywealthsolutions.wordpress.com/
Calculators

College Funding

Use this calculator to estimate the cost of your child’s education, based on the variables you input.

Retirement Portfolio Lifespan

How Long Will Your Funds Last?

Federal Income Tax

This calculator can help you estimate your annual federal income tax liability.

Home Affordability

Estimate of the maximum amount of financing you can expect to get when you begin house hunting.

More Calculators →

Newsletters

The Financial State of the States

Many state and local governments have struggled with lower tax receipts and large budget deficits — during and after the recession. This article offers a closer look at the financial pressures facing the states and how the methods used to address budget shortfalls could ultimately serve as a drag on the national economy.

Another Year, Another AMT Patch

The 2010 Tax Relief Act adjusted AMT exemption levels for 2010 and 2011 to help prevent an estimated 21 million middle-income taxpayers from being subject to the alternative minimum tax. Will Congress enact another patch for 2012?

HOT TOPIC: American Manufacturing: Rebound or Renaissance?

During the last decade, U.S. manufacturing lost millions of jobs to foreign competition. The sector appears to be coming back strong, adding almost half a million jobs since 2010 as productivity rises. This article examines the conditions that originally caused the exodus of U.S. industrial production and those that may bode well for its future.

Retirement Plans for Small Businesses

With standard 401(k) plans, the amount a company's owners can contribute to their own retirement account is often restricted by how much other employees contribute to the plan. With the safe harbor option, owners may be able to make larger contributions for themselves in exchange for making tax-deductible contributions or "matches" for employees.

More Newsletters →