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☆ How to shift your bond portfolio as the Fed pauses interest rate hikes
▼ + stars: | 2023-06-14 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

Couple talking to financial advisor at home Fg Trade | E+ | Getty ImagesConsider when to increase bond durationWhile it's difficult to predict future interest rate cuts, Kyle Newell, a certified financial planner and owner of Newell Wealth Management in Orlando, Florida, said he has started shifting bond allocations. When building a bond portfolio, advisors consider so-called duration, which measures a bond's sensitivity to interest rate changes. watch nowAs interest rates rose in 2022, many advisors opted for shorter-duration bonds to protect portfolios from interest rate risk. But allocations may shift, depending on future Fed policy. Look for 'areas of opportunity'As policy shifts, advisors are also looking for ways to optimize allocations amid continued economic uncertainty.

Persons: Kyle Newell, Newell, Ashton Lawrence Organizations: Newell Wealth Management, Mariner Wealth Advisors Locations: Orlando , Florida, Greenville , South Carolina

In its continued battle with inflation, the central bank on Wednesday announced another quarter percentage point interest rate increase. The latest rate increase comes after annual inflation eased to 5% in March, down from 6% in February, according to the U.S. Bureau of Labor Statistics. When building a bond portfolio, advisors consider so-called duration, which measures a bond's sensitivity to interest rate changes. I don't see us moving much higher from an interest rate perspective, so that should be good for bonds moving forward. But it may take another six months to see the results from the Fed's series of interest rate hikes, he said.

☆ A surprisingly hard part of retirement: Spending what you worked so hard to save
▼ + stars: | 2022-10-03 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +6 min

For some it’s almost physically painful,” said David John, a senior strategic policy advisor at the AARP Public Policy Institute. But unpredictable factors like market performance, life expectancy and health issues make spending your money easier said than done, John said. Changing your mindset is crucialCertified financial planner Kyle Newell reminds clients that the savings they worked so hard to amass is there to help them live well in retirement. And he also advises clients to go easy on themselves and view their first year in retirement as a learning experience when it comes to spending. “You really need to know ‘What are my assets and spending patterns and how do I harmonize the two?’” John said.

☆ Some millennials and Gen Zers are closing investing accounts over inflation. Here's why that may lead to regrets
▼ + stars: | 2022-09-20 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

Others may have reacted emotionally due to stock market volatility, especially younger investors with less experience. Kyle Newell Owner of Newell Wealth ManagementBut cashing out an investment account may lead to regrets. Many millennials and Gen Zers who invested over the past year have regrets, according to a recent study from MagnifyMoney. Some 23% of millennials and 15% of Gen Zers wished they had invested more, the survey found, and roughly 15% of each group regrets selling an investment. High inflation, stock market volatility and geopolitical conflict have all happened before, Newell said, and those factors shouldn't stop you from investing.

☆ Why these ‘unretirees’ went back to work
▼ + stars: | 2022-07-22 | by ( Kathryn Vasel | ) edition.cnn.com time to read: +6 min

“When the economy started to tank and my investments started to dwindle…I started to get pretty nervous,” said DiPastena, who lives in Phoenix. But once the pandemic lockdowns were in full swing, that work quickly dried up. DiPastena decided the best way to weather the storm was to return to work. He started a new full-time position as a product specialist in June, in a completely different field than his previous career. “I feel like I can replenish my savings and…ultimately have more savings than I anticipated.”The pandemic prompted a wave of workers to retire.

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