# Site: patriotinvestment.com # URL: https://www.patriotinvestment.com # Generated: 2026-07-19 03:30:23 # Version: 1.1 # File Type: llms.txt # Total Pages: 117 --- ## The Benefits Of Financial Literacy For Teens And Young Adults URL: https://www.patriotinvestment.com/blog/the-benefits-of-financial-literacy-for-teens-and-young-adults/ Financial literacy is more than just a valuable skill—it is a necessity. Many young people enter adulthood without a solid understanding of money management, which can lead to long-term financial struggles. According to one study, nearly three out of four teens (74 percent) are not financially literate. 1   Teaching financial literacy to teens and young adults equips them with the knowledge and tools they need to make informed financial decisions. Here are some of the key benefits of financial literacy for young people.   1. Encourages Smart Budgeting Habits Understanding how to budget helps teens and young adults control their spending, prioritize expenses, and avoid unnecessary debt. Learning to track income and expenses at a young age lays the foundation for financial stability later in life. By practicing budgeting skills early, young people can develop habits that lead to long-term financial security.   1.... --- ## How March Madness Is Like Investing URL: https://www.patriotinvestment.com/blog/how-march-madness-is-like-investing/ March Madness is almost here, and as many of us know, the season highlight for college basketball fans is often full of upsets, underdogs, and blowouts. Like investing, filling out a bracket involves balancing risk, reward, and expectations, and winning a pool requires a bit of luck along the way. Here are a few lessons from March Madness that we can apply to the world of investing. Lesson #1: Forget Perfection, Position Yourself Strategically The odds of filling out the perfect bracket are almost impossible - so are the odds of consistently selecting prime investments within the market. This can make the process of approaching March Madness, and investing, daunting. Successful investing stems from focusing on what you can control. That can mean building a portfolio that is positioned to maintain return premiums, such as size, value, or profitability that can improve risk-adjusted returns.... --- ## 4th Quarter 2020 Market Commentary URL: https://www.patriotinvestment.com/blog/q4-2020-market-commentary/ #### Markets Reach New Highs in 2020 Global equity markets pulled back in October, turned in some astonishing returns in November, performed admirably for the month of December and closed out the fourth quarter of 2020 with new record highs. While many are happy to see 2020 in the rear-view mirror, the performance for the last quarter and for all of 2020 for the major U.S. indices was nothing short of impressive, especially given the headwinds of COVID-19 and the drama surrounding the presidential election. For Q4 and the 2020 calendar year: • The DJIA added 10.2% in Q4 and rose 7.3% in 2020; • The S&P 500 added 11.7% in Q4 and rose 16.3% in 2020; and • NASDAQ added 15.7% in Q4 and rose 43.6% in 2020. The themes that drove the markets in the fourth quarter were positive economic data, talk of another stimulus package and the first COVID vaccines being distributed around the world.... --- ## How Big Should My Emergency Fund Be? URL: https://www.patriotinvestment.com/blog/how-big-should-my-emergency-fund-be/ Life is unpredictable. One day, everything is running smoothly, and the next, you’re hit with a medical emergency, job loss, or unexpected home repair. That’s why having an emergency fund is crucial. But how much should you save? The answer depends on your financial situation, lifestyle, and risk tolerance. Let’s dive in. The General Rule: 3 to 6 Months of Expenses Financial experts commonly suggest setting aside three to six months’ worth of essential living expenses. This range offers a buffer against unforeseen events such as medical emergencies, job loss, and major home repairs. To determine your target amount: • Calculate your essential monthly expenses: Add up costs for housing (rent or mortgage), utilities, groceries, insurance premiums, transportation, and minimum debt payments. • Set your savings goal: Multiply your total monthly essential expenses by three to six, depending on your comfort level and job security.... --- ## Last-Minute Tax Prep Tips URL: https://www.patriotinvestment.com/blog/lastminutetaxpreptips/ With Tax Day right around the corner on April 15, it’s easy to feel overwhelmed. Even if you’re short on time, you can still file your taxes accurately and on time with focus and preparation. These last-minute tips will help you navigate the process efficiently and avoid unnecessary stress. 1. Gather Your Documents Quickly The main task to focus on with Tax Day looming is to collect all your documents. They could include your W-2s or 1099s to report income, receipts for deductible expenses, and any relevant tax forms. Keeping them in one place helps avoid delays and errors as you prepare your return. 2. Don’t Overlook Deductions and Credits In the rush to meet the deadline, many people miss out on valuable deductions and credits. Even if you’re short on time, it’s worth pausing to check whether you qualify for tax breaks, such as the earned income tax credit, the child tax credit, or education-related credits. 3.... --- ## Q2 2026 Market Insights URL: https://www.patriotinvestment.com/blog/q2-2026-market-insights/ U.S. Markets U.S. stocks posted strong gains during the second quarter, fueled by encouraging economic data, ongoing diplomatic efforts in the Middle East, and solid first-quarter corporate earnings. The Standard & Poor's 500 Index advanced 14.87%, while the Nasdaq Composite gained 21.41%. The Dow Jones Industrial Average rose 12.90%. April Set the Tone Stocks surged in April, posting their strongest monthly performance since 2021 as investors welcomed easing geopolitical tensions in the Middle East and renewed efforts to reopen the Strait of Hormuz. The Nasdaq's 13-day winning streak—its longest since 1992—highlighted the market's strong momentum.³ Large-cap technology stocks played an outsized role in the market's performance. The S&P 500 Information Technology sector gained more than twice as much as the broader index and significantly outperformed every other sector.... --- ## When To Take Social Security: Understanding The Tradeoffs URL: https://www.patriotinvestment.com/blog/when-to-take-social-security-understanding-the-tradeoffs/ Many retirees understand that delaying Social Security benefits can result in a larger monthly payment. While that is generally true, there is an important tradeoff to consider: the longer you wait to begin receiving benefits, the fewer years you may have to collect them. Ultimately, the value of delaying benefits depends on factors such as your life expectancy, retirement income needs, tax situation, and overall financial strategy.   Because there is no one-size-fits-all answer, it is important to evaluate your options carefully and make a decision that aligns with your unique retirement goals.   Receiving Benefits Early   Some retirees believe it makes sense to begin collecting Social Security benefits as soon as they become eligible. After all, money received today can be used immediately, while future benefits depend on circumstances that may change over time.   Individuals can begin claiming Social Security benefits as early as age 62.... --- ## What You Should Know About Giving Tuesday URL: https://www.patriotinvestment.com/blog/what-you-should-know-about-giving-tuesday/ Giving Tuesday is celebrated on the first Tuesday of December each year. It is a day dedicated to the selfless act of giving and has rapidly gained prominence as a global movement that encourages generosity, charity, and community involvement.    Here, we'll unwrap the history, significance, and impact of Giving Tuesday and share some ways you can give back this season.    A History of Giving Tuesday   The story of Giving Tuesday begins with 92nd Street Y (92Y), a cultural and community center in New York City. In 1874, this institution was founded to promote the well-being of the city's Jewish population. 1 Fast-forward to 2012, a team of visionaries, including Henry Timms, 92Y's Executive Director, and the Belfer Center for Innovation & Social Impact came together to create a day that would harness the power of social media and online connectivity for charitable causes. 2   On November 27, 2012, the first Giving Tuesday took place.... --- ## 2023 Q3 Market Insights URL: https://www.patriotinvestment.com/blog/2023-q3-market-insights/ U.S. Markets Stocks lost a portion of their first-half gains in the third quarter as a continued tight monetary bias from the Federal Reserve sent bond yields higher, unsettling stock investors throughout August and September. For the three months ending September 30, the Dow Jones Industrial Average declined 2.62%, while the Standard & Poor’s 500 Index lost 3.65%. The Nasdaq Composite fell 4.12%. A July Rally Faded The strong price momentum during the first half of the year continued into the start of the third quarter as stocks rose in July. Cooling inflation, a better-than-anticipated kick-off to second-quarter earnings reports, and a growing belief that the U.S. economy may avoid falling into a recession helped fuel the gains. However, in August, sentiment turned. Multiple headwinds—including rising bond yields, credit rating downgrades (both U.S. government debt and corporate debt) and continued economic weakness in China—dampened enthusiasm.... --- ## What To Do When Your Retirement Goals Change URL: https://www.patriotinvestment.com/blog/what-to-do-when-your-retirement-goals-change/ Retirement strategy is a bit like setting sail on a journey. You can plot your course, prepare your route, and set off with a clear destination in mind, but things can always change, no matter how well-prepared you are.   Maybe you envisioned a quiet life in the countryside but now find yourself drawn to the vibrancy of city living. Maybe health concerns have prompted a reassessment of how you want to spend your golden years. Perhaps you decide that you want to continue working (after all, 57% of Americans expect to work after retirement). 1   Whatever the reason, changing retirement goals is not uncommon, and the key lies in how we adapt to and navigate these new waters.   How to Embrace Change in Retirement   It's essential to remember that changing your retirement goals doesn’t mean you’ve failed. It means that you’re willing to adapt and create a retirement that works for you.... --- ## Retirement Planning Considerations For Couples With An Age Gap URL: https://www.patriotinvestment.com/blog/retirement-planning-considerations-for-couples-with-an-age-gap/ Decisions surrounding retirement are rarely simple. This further becomes the case when there is an age gap between couples, resulting in differences in retirement dates, life expectancy, health and more.    For couples of varying ages, traditional retirement advice may not always be fully applicable. Their retirement savings will need to support two individuals potentially navigating different life and career stages. If there is an age gap between you and your spouse, here are a few considerations to keep in mind.   Consideration #1: Your Retirement Date   One of the most critical factors to consider is the start of your retirement. If one spouse continues working while the other is retired, how will the dynamic shift? Alternatively, you may choose to retire at the same time.    Staggering retirement dates can also be beneficial.... --- ## August In National "Make A Will" Month URL: https://www.patriotinvestment.com/blog/august-in-national-make-a-will-month/ August is National “Make a Will” Month, and it’s a great annual reminder to update your will if needed and create a will if you don’t have one already. A will is an important estate-planning document that can help you transfer your assets with ease. Having a proper will can make the difference between a smooth transfer of assets and a probate nightmare.   Let’s learn more about what wills are, why you need one, and some tips on how to create or update your will during National “Make a Will” Month.   What Is a Will?   A will, or a Last Will and Testament, is a legal document that outlines your intention for the distribution of your assets after your death. It is an integral part of a comprehensive estate plan and helps your loved ones avoid legal and financial loopholes and know what to do with your assets. These explicit instructions are essential and can help everyone avoid a lot of headaches.   Wills vs.... --- ## The Psychology Of An Inheritance Windfall URL: https://www.patriotinvestment.com/blog/the-psychology-of-an-inheritance-windfall/ According to Federal Reserve data, American households inherit an average of $46,200.1 These inheritance windfalls can bring a complex mix of emotions, psychological challenges, and financial decisions. While the prospect of a sudden financial gain might seem like a dream, the reality often involves navigating grief, guilt, and new responsibilities. Understanding the psychological impact of inheritance can help beneficiaries make sound financial and emotional decisions. Let’s learn more. The Emotional Rollercoaster of Inheritance When someone receives an inheritance, grief often impacts their initial reaction. The money, property, or assets come as a result of losing a loved one, and this connection can evoke deep emotions. Some heirs might experience guilt or a sense of obligation, believing they must use the inheritance in a way that would honor the deceased. On the other hand, some people feel excitement or relief, especially if they have struggled financially.... --- ## Global Market Commentary: Second Quarter 2022 URL: https://www.patriotinvestment.com/blog/global-market-commentary-second-quarter-2022/ #### Markets Stumble In The Second Quarter Global equity markets had a disappointing second quarter with all major global equity markets in the red, leading to overall market declines not seen in decades. To underscore how bleak it has been so far in 2022, consider that the S&P 500 recorded its worst first six months in 52 years and the Dow Jones Industrial Average recorded its worst first six months since 1962. For the second quarter of 2022: • The DJIA dropped 11.2%; • The S&P 500 lost 16.7%; • NASDAQ fell 22.7%; and • The Russell 2000 (small company stocks) declined 18.4%. The themes that drove market performance in the second quarter were the same worries that drove markets in the first quarter and towards the end of last year. The two most dominant themes continue to be inflation and the Fed – with the former rising to 40-year highs and the latter causing Wall Street to worry that the course of rising rates will lead to a recession.... --- ## Social Security Cost Of Living Adjustment Throughout The Years URL: https://www.patriotinvestment.com/blog/social-security-cost-of-living-adjustment-throughout-the-years/ Social Security is a cornerstone of financial security for millions of Americans. One of the essential features of Social Security benefits is the annual Cost of Living Adjustment (COLA), which ensures that the purchasing power of benefits keeps up with inflation. Let’s look at how COLA has evolved over the years. The Origins of Social Security COLA Social Security was introduced during the Great Depression, with the Social Security Act signed into law by President Franklin D. Roosevelt in 1935. 1 Initially, the benefits were fixed and did not account for inflation. However, as the cost of living increased over time, the purchasing power of fixed benefits diminished, leading to the need for adjustments. The first automatic COLA was implemented in 1975. 2 Before this, Congress had to enact special legislation to increase benefits, which led to irregular and often inadequate adjustments.... --- ## What To Do If You Are The Victim Of A Cybersecurity Breach URL: https://www.patriotinvestment.com/blog/what-to-do-if-you-are-the-victim-of-a-cybersecurity-breach/ In today's digitally connected world, cybersecurity breaches are an ever-present threat. Whether you're an individual, a small business owner, or part of a large corporation, the impact of a breach can be devastating. Knowing what to do if you become a victim of a cybersecurity breach can help mitigate damage and secure your digital environment. Let’s outline what to do if you fall victim to a cybersecurity breach. Assess the Situation As soon as you suspect a breach, assess the situation to understand its scope. Identify which systems or data have been compromised. Check for signs of unauthorized access, unusual activities, or alerts from your security software. The faster you determine the breach's extent, the quicker you can take appropriate action. Disconnect Affected Devices Disconnect any affected devices from the internet to prevent further unauthorized access and data leakage. This includes turning off Wi-Fi and unplugging network cables.... --- ## How Often Should You Update Your Estate Strategy? URL: https://www.patriotinvestment.com/blog/estatestrategy/ Once an estate strategy is in place, it should only require periodic reviews to check that it still reflects your wishes. However, life events such as marriage, divorce, births, deaths, relocations, health changes, business sales, and changes in tax law may prompt you to reconsider part of your overall strategy.   The world of estate strategies is changing, as covered in the Trust & Will 2025 Estate Planning Report. Did you know:   • While 83% of Americans acknowledge the importance of their estate, only 31% have established a will. 1   • Almost one in four Millennials and Gen Zers prefer trusted friends or professionals over family members, selecting them as executors and guardians. 1   • Financial anxiety, as 49% of Americans are more worried about their economic future than they were a year ago. 1   • Inflation, with 78% of Americans reporting that it has made pursuing their life goals more difficult.... --- ## 2024 Q1 Market Commentary URL: https://www.patriotinvestment.com/blog/2024-q1-market-commentary/ U.S. Markets Stocks posted solid gains in the first quarter as enthusiasm about artificial intelligence, signs of a soft landing, and dovish talk from the Fed buoyed investor confidence. For the quarter, the Dow Jones Industrial Average rose 5.62%, the Standard & Poor’s 500 Index gained 10.16%, and the Nasdaq Composite picked up 9.11%. 1 Rocky Start in January Stocks saw modest gains in January as positive economic data (retail sales, gross domestic product report) and upbeat Q4 corporate reports helped offset a mixed inflation update. As expected, the Fed kept rates unchanged at its January meeting. The more neutral language used by the Fed led some to believe the Fed was concerned about inflation and might be slow to adjust rates. That news took the wind out of stocks’ sails, curtailing gains for the month.... --- ## Q1 2023 Market Commentary URL: https://www.patriotinvestment.com/blog/q1-2023-market-commentary/ U.S. Markets Stocks posted solid gains in the first quarter as investors navigated corporate earnings, shifting monetary policy, and troubles in the banking sector. The first quarter of 2023 saw the Dow Jones Industrial Average rise 0.38%, the Standard & Poor’s 500 Index gained 7.50%, and the Nasdaq Composite picked up 16.77%. A January Rally Stocks rallied in January, driven by cooling inflation, a better-than-expected start to earnings season, and healthy economic data. Where investor sentiment had been weighed down by concerns over interest rates, a new, more upbeat mood surfaced. Stocks Stumble in February However, strong economic data released over the course of February diminished investor hopes of a pause in rate hikes, which dragged stocks lower. Fourth quarter earnings were a bit underwhelming, though they generally met the market’s low expectations.... --- ## The Triple Tax Benefits of HSAs URL: https://www.patriotinvestment.com/blog/the-triple-tax-benefits-of-hsas/ Why do clients inquire about Health Savings Accounts? They have heard about what an HSA can potentially offer them: a pool of tax-exempt dollars for health care, a path to tax savings, even a possible source of retirement income after age 65. You must enroll in a high-deductible health plan (HDHP) to have an HSA, a health insurance option that is not ideal for everybody. You fund an HSA with pre-tax contributions. Some employers will even provide a matching contribution on your behalf. HSAs offer you three potential opportunities for tax savings. Your account contributions are pre-tax (that is, tax deductible), the earnings in your account grow tax free, and you can withdraw funds from your HSA, tax free, so long as they are used to pay for qualified health care expenses, such as deductibles, co-payments, and hospitalization costs. (HSA funds may not be used to pay health insurance premiums.... --- ## Retirement Planning Tips For Women Entrepreneurs URL: https://www.patriotinvestment.com/blog/retirement-planning-tips-for-women-entrepreneurs/ When you’re running your own business, retirement planning may be the last thing on your mind. However, it’s a major financial milestone that everyone should plan for. Women already face unique considerations in retirement, such as longer lifespans. This means that a well-planned retirement strategy is even more important for female entrepreneurs.  In this article, we will share some tips to help female entrepreneurs build secure and independent financial futures. Establish a Retirement Goal Early On The first step in retirement planning is to define your goals. Think about the lifestyle you want during your retirement years and estimate the expenses that will come with it. Consider factors such as housing, healthcare, travel, inflation, and your target retirement age.  The earlier you start, the more time you have to let your investments grow, thus making it easier to afford the retirement of your dreams.... --- ## What's My 2025 Tax Bracket? URL: https://www.patriotinvestment.com/blog/whats-my-2025-tax-bracket/ Understanding your tax bracket is crucial for effective financial planning in 2025 and beyond. Tax brackets are adjusted annually due to inflation and policy changes. Here, we outline the tax brackets for 2025 and some ways to reduce your taxable income. 2025 Federal Income Tax Brackets The IRS adjusts tax brackets annually based on inflation, and for 2025, here are the tax rates for different income levels:1 Single Filers: • 37% for incomes over $626,250 • 35% for incomes over $250,525 • 32% for incomes over $197,300 • 24% for incomes over $103,350 • 22% for incomes over $48,475 • 12% for incomes over $11,925 • 10% for incomes $11,925 or less Married Filing Jointly: • 37% for incomes over $751,600 • 35% for incomes over $501,050 • 32% for incomes over $394,600 • 24% for incomes over $206,700 • 22% for incomes over $96,950 • 12% for incomes over $23,850 • 10% for incomes $23,850 or less How Tax Brackets Work You may think that if your income falls into a... --- ## The Power Of Saving Early URL: https://www.patriotinvestment.com/blog/the-power-of-saving-early/ In 1964, The Rolling Stones released the hit single “Time Is on My Side.” Who knew they were talking about personal finance?   For The Rolling Stones, the song was about confidence and patience in love. For investors, it reflects something equally powerful: the confidence and patience required to pursue long-term financial goals like retirement.   As a young investor, you have one tremendous advantage on your side: time.   The earlier you begin saving and investing, the longer your money has to grow. Over time, investment earnings can begin generating earnings of their own—a process known as compounding. The result can be surprisingly powerful.   The Power of Compounding   Many people underestimate the impact of compound growth, which is why it’s worth illustrating with a simple example.   Imagine you start with $1,000 in an investment account earning a hypothetical 5% annual return.... --- ## January Is National Financial Wellness Month URL: https://www.patriotinvestment.com/blog/january-is-national-financial-wellness-month/ January is Financial Wellness Month, which means it’s a good time to remind people to plan and update their financial strategy. Now is a great time to connect with your Patriot advisor to discuss your financial situation and aspirations for the future. You should also assess if your financial strategy needs any adjustments or changes based on your lifestyle. Defining Financial Wellness The first thing to do is define what “financial wellness” means for you. This varies drastically from person to person. It is informed by who you are, where you come from, and what your experiences with money are. A person who has had serious financial troubles in their life might have different expectations than a person who has enjoyed relative financial stability. How, then, is “financial wellness” defined? First, ask yourself what you need to feel secure, financially speaking. Here are some questions to consider: • How much should you have saved?... --- ## Quarterly Market Commentary - 1st Quarter 2020 URL: https://www.patriotinvestment.com/blog/quarterly-market-commentary-first-quarter-2020/ #### Markets Close 1st Quarter of 2020 by Rewriting the Record Books The first quarter of 2020 is over and investors are glad that it’s in the rear-view mirror. Remember when your parents said, “if you can’t say anything nice, don’t say anything at all?” It was that kind of quarter. Here is a quick snapshot: • The DJIA lost more than 23% for the quarter, its worst since the fourth quarter of 1987 • It was the worst first quarter for the DJIA in history • The S&P 500 lost 20% for the first quarter, its worst since the fourth quarter of 2008 • It was the worst first quarter for the S&P 500 in history #### From Market Peaks to Bear Markets While investors are bombarded by negative numbers and negative headlines, it is surreal to consider that six weeks into the first quarter, the major U.S. indices were hitting new all-time highs. What a difference the final six weeks made. Index Returns Close 1Q2020 DJIA 22,915 -23.2% S&P 500 2,585 -20.... --- ## Global Market Commentary: Third Quarter 2022 URL: https://www.patriotinvestment.com/blog/global-market-commentary-third-quarter-2022/ #### Markets Have Challenging Third Quarter Global equity markets had a poor third quarter with all major markets in the red, leading to overall declines not seen in decades. Further, entering the fourth quarter of 2022, the DJIA and S&P 500 are both at their lowest since November 2020, while NASDAQ is at its lowest since the end of July 2020. For the third quarter of 2022: • The DJIA dropped 6.7%; • The S&P 500 fell 5.3%; • NASDAQ lost 4.1%; and • The Russell 2000 declined 3.6%. The worries that drove market performance in the third quarter were the same ones that drove markets in the first two quarters and towards the end of last year. The two most dominant issues continue to be inflation and the Fed – with the former rising to 40-year highs and the latter causing Wall Street to worry that the course of rising rates would lead to a recession.... --- ## How To Recover From A Financial Setback: Strategies For Rebuilding URL: https://www.patriotinvestment.com/blog/how-to-recover-from-a-financial-setback-strategies-for-rebuilding/ Financial setbacks happen to everyone at some point. Job losses, unexpected medical expenses, or poor financial decisions can strain your finances. While setbacks can feel overwhelming, recovery is possible.   Here are some tips on rebuilding and regaining control of your financial future after a setback.   Assess the Damage   The first step to recovery is to determine where you stand. Dig deep into your finances, listing all your debts, expenses, and income sources, and then identify the root cause of the setback and address it as needed. This could be looking for a new job, calling your medical provider to set up a payment plan, or talking to a financial advisor to determine whether you can move assets around to pay off any high-priority debt.   Once you know the situation, you can develop a realistic plan.   Create a New Budget   Adjusting your budget is crucial to accommodating your current financial situation. Prioritize essentials such as housing, utilities, and food.... --- ## Do You Have These 5 Financial Basics Down? URL: https://www.patriotinvestment.com/blog/do-you-have-these-5-financial-basics-down/ Working with a trusted financial professional is important when it comes to strategizing and preparing to meet your financial goals. However, as most of us handle money daily, it’s important to have an in-depth understanding of the fundamentals of financial literacy. Below we’ve identified five financial basics everyone should know. Understanding these important concepts can serve as a basis for your financial standings.   Basics #1: Debt & Credit Scores   Understanding the ways in which credit or debt can work with or against you should serve as the foundation of your financial knowledge. First and foremost, it's not wise to avoid credit or debt altogether out of fear or intimidation. Instead, it’s important to have a firm grasp on your financial standings and a plan for tackling debt responsibly.   Debt   When used correctly, debt can be useful. When misused, it can spiral out of control fast.... --- ## Student Loan Forgiveness: A Timeline Of Events URL: https://www.patriotinvestment.com/blog/student-loan-forgiveness-a-timeline-of-events/ A lot has happened with student loan forgiveness in the US. In fact, the movement surrounding the topic started over a decade ago! Here, we provide a brief timeline of events that have happened over the past year or so regarding student loan forgiveness. January 2021 President Joe Biden was inaugurated into office on January 20, 2021. According to Politifact, a website by the Poynter Institute, one of Biden's promises was to forgive student loan debt from public colleges and universities. His exact promise when running was to "forgive all undergraduate tuition-related federal student debt from two- and four-year public colleges and universities and private HBCUs and MSIs for debt-holders earning up to $125,000." 1 August 2022 In August 2022, President Joe Biden announced that he would cancel $10,000 per borrower and $20,000 for Pell Grant recipients. The loan forgiveness was limited to Americans earning under $125,000 per year, or $250,000 for married couples.... --- ## 7 Ways To Spring Clean Your Finances URL: https://www.patriotinvestment.com/blog/7-ways-to-spring-clean-your-finances/ Spring is an ideal time to clean up your finances, clear out the clutter, and get a fresh start. Maybe you have extra money left over at the end of the month and could use a budget tweak. Perhaps you have too many automatic expenses, or it’s time to apply the brakes to your credit card spending. Whatever the reason may be, consider the following seven suggestions to get a better handle on your finances this spring season. 1. Clean Up Your Spending Whether you call it a budget or a spending plan, you only need to look in the rear view mirror over the past few months and write down your repeating bills and expenses. When you inventory those expenses, assign a priority number from one to three, with one being expenses you must meet to avoid being evicted from your home and three being rather nice to have, but you could live without. Clear out or reduce your level three expenses. For example, that $70 cable bill is a great candidate for your first cut.... --- ## Why Many Americans Retire Earlier Than Planned URL: https://www.patriotinvestment.com/blog/why-many-americans-retire-earlier-than-planned/ The traditional retirement age in the United States is 65, the age at which most people are eligible to begin receiving full Social Security benefits. However, many people feel the allure of leaving the workforce much sooner. Many Americans are deciding to retire earlier than planned, whether by choice or because of other circumstances. According to the 2023 Retirement Confidence Study, workers report retiring at a median age of 62 years. 1 Let’s examine why many Americans retire earlier than planned and explain some of the benefits (and considerations) of retiring early. Why Do People Retire Early? The decision to retire early is often made through a mix of personal choices and external factors. Let’s dive into why some people may retire sooner than anticipated. Health Reasons A significant reason for people to opt for early retirement is that they experience health-related issues.... --- ## Twenty-Five Years! URL: https://www.patriotinvestment.com/blog/patriot-twenty-five-years/ It doesn’t seem possible that so many years have passed since we started Patriot Investment Management!  It has truly been a wonderful journey.  When we began, our guiding philosophy was to always do the right thing for our clients.  That principle has served us well and we now manage client assets totaling over $937 million. First, I want to thank each and every one of our clients.  You have entrusted your hard-earned assets to us, and we take the job of helping you with your financial issues very, very seriously.  Without your belief and trust in us, we would not be where we are today. There are two terms that are especially important in adhering to our core values.  They are “fiduciary” and “fee-only”.  Fiduciary means that we are obligated to only do what is in the best interests of our clients.  In the process of analyzing new accounts, we have, unfortunately, witnessed how often others in our profession abandon this obligation.... --- ## How To Talk To Aging Parents About Their Finances URL: https://www.patriotinvestment.com/blog/how-to-talk-to-aging-parents-about-their-finances/ As our parents age, we often find ourselves stepping into new roles. One of the most challenging and sensitive discussions to have is about their finances. While uncomfortable, this conversation is crucial for ensuring their well-being and making informed decisions. Here, we’ll explore why this conversation is important and how you can approach it with empathy and respect. We will also provide tips for a productive dialogue.   Why You Should Talk to Your Parents About Their Finances   Many aging parents might be hesitant to discuss their finances. They might feel it’s a private matter, fear losing their independence, or simply find it overwhelming. However, there are compelling reasons to initiate this conversation:   • Planning for the Future: Understanding their financial status allows you to plan effectively for their future needs, such as healthcare expenses, assisted living, or estate planning.... --- ## It's Financial Literacy Month: Brush Up On Your Financial Skills URL: https://www.patriotinvestment.com/blog/its-financial-literacy-month-brush-up-on-your-financial-skills/ Did you know that April is Financial Literacy Month? Financial Literacy Month is a national campaign designed to bring more financial education to both children and adults. Whether you're a financial wiz or just learning the ropes, there are many ways to improve your financial literacy. Here are four to get you started. Make a Monthly Budget One of the most important steps in ensuring financial success is creating a monthly budget. This may sound simple, but a budget is your financial strategy's foundation. Creating a monthly budget doesn't have to be complicated. Here's how to ensure you're setting yourself up for financial success: 1. First, calculate your gross monthly income. This could include your salary, investment income, Social Security, child support/alimony, freelance work, or other income sources. Remember to calculate your net income as well, which is how much is left after taxes and other deductions. 2.... --- ## 2024 Q2 Market Insights URL: https://www.patriotinvestment.com/blog/2024-q2-market-insights/ U.S. Markets Following a rocky start, stocks finished the second quarter higher as investors remained optimistic the Fed will manage interest rates with inflation trending lower. For the quarter, the Standard & Poor’s 500 Index rose 3.92%, and the Nasdaq Composite picked up 8.26%. By contrast, the Dow Jones Industrial Average fell 1.73%. 1 Rocky Start in Q2 Stocks lost ground in April as investors struggled with mixed economic news and mixed signals from the Fed. Fresh Consumer Price Index data showed that March inflation was hotter than expected, However, retail sales for March suggested consumers were spending despite rising inflation. Fed Chair Jerome Powell possibly unsettled investors when his tone appeared to shift from confident to cagey about interest rate cuts. Also, tensions in the Middle East continued to rattle the markets.... --- ## Retirement Planning For Freelancers URL: https://www.patriotinvestment.com/blog/retirement-planning-for-freelancers/ Freelancing offers unparalleled freedom and flexibility, allowing individuals to craft their careers on their terms. In 2022, Fiverr, a leading freelance marketplace, predicted that 78% of companies would rely on freelancing rather than hire staff in 2023. 1 Freelancing has undoubtedly increased since 2020, when many companies and employees learned that much work can be done remotely.   While it does offer more flexibility, freelancing also comes with considerations. One obstacle for freelancers is retirement planning. Unlike traditional employees with access to employer-sponsored plans, freelancers must proactively build their retirement nest eggs.   Let's explore retirement planning for freelancers and provide some practical steps and strategies to help them plan for secure financial futures.   Retirement Planning Challenges for Freelancers   Freelancers face unique retirement planning concerns for a few reasons.... --- ## Teaching Children Financial Literacy URL: https://www.patriotinvestment.com/blog/teaching-children-financial-literacy/ Parents share a lot of private things with their children in the hope that the information will help them grow into successful adults. However, there is one topic most parents try to avoid talking about at all costs. And no, it is not what you are thinking. For many parents, the idea of having the "money talk" with their kids is a terrifying thought. The biggest reason parents avoid the topic is they don't believe they know enough about money themselves and fear they will give their children the wrong information. Although discussing the topic of money with your kids can be uncomfortable, it is a necessary step in their development. Few schools teach courses on how to handle money the right way. Without learning money management skills at home, your kids are going to be in for a few nasty surprises when they get older. Are you worried about your children's money skills? Start with the following four tips for teaching financial literacy to your kids. 1.... --- ## Medicare Open Enrollment Begins October 15th. What Does That Mean For Me? URL: https://www.patriotinvestment.com/blog/medicare-open-enrollment-begins-october-15th-what-does-that-mean-for-me/ Medicare’s open enrollment period happens once a year between October 15 and December 7. During this time, current Medicare beneficiaries have the option to adjust their coverage for the coming year. This can be a useful option for those who may have recently changed medication, underutilized their current coverage or found they could use additional benefits. 1 How to Search for Medicare Plan Options It shouldn’t take a ton of research to determine what your current coverage is and what options are available for you during this coming enrollment period. You should receive information from the government regarding your current Medicare coverage each year. Even if your coverage hasn’t changed within the last few years, it’s important to still take time to review your current coverage and identify any areas for improvement. There are tools available online or by phone to learn more about other plans if you’re thinking about switching or changing coverage.... --- ## Risk Management: Understanding Diversification URL: https://www.patriotinvestment.com/blog/risk-management-understanding-diversification/ When you created your investment strategy, your asset allocation reflected your goals, time horizon, and tolerance for risk.   Over time, however, any of these three factors may have changed, and your portfolio may need adjustments to reflect your new investing priorities.   Diversification   The saying “don’t put all your eggs in one basket” has some application to investing. Over time, certain asset classes may perform better than others. If your assets are mostly held in one kind of investment, you could find yourself under a bit of pressure if that asset class experiences volatility.   Keep in mind, however, that diversification is an approach to help manage investment risk. It does not eliminate the risk of loss if an investment sees a decline in price.   Asset allocation strategies are also used in portfolio management.... --- ## America Saves Week URL: https://www.patriotinvestment.com/blog/america-saves-week/ Successfully saving for short-term and long-term goals is an important part of any financial strategy. Since 2007, every April, we have celebrated America Saves Week, which is dedicated to helping people save.   Let’s learn more about what America Saves Week is and its themes for this year. We’ll also share tips and tricks to help you save for what matters most.   What is America Saves Week?   America Saves Week is an annual celebration that encourages Americans to take charge of their financial futures by promoting the value of saving. Launched in 2007 by America Saves and the American Savings Education Council, the event is supported by various government agencies, nonprofit organizations, and businesses. 1 This year, America Saves Week will be observed from April 8 to 12. 1   America Saves Week 2024   This year’s theme for America Saves Week is “Saving for What Matters Most.... --- ## Q3 2020 Market Commentary URL: https://www.patriotinvestment.com/blog/q3-2020-market-commentary/ #### A Very Solid Third Quarter  Global equity markets continued their rebound from earlier this year, despite struggling in the final month of the quarter. By the time the third quarter closed, investors saw that: • The DJIA ended the third quarter up 7.6% • The S&P 500 ended up 8.5% • NASDAQ ended up 11.5% for the quarter It should be noted that the positive third quarter came after what many will see as validation of that September Swoon theory – when the month of September doesn’t treat equities particularly well. In fact, this past September, we saw global equity markets reverse course, halting the five straight positive months enjoyed by U.S. equity markets as: • The DJIA finished September down 2.3% • The S&P 500 finished down 3.9% • NASDAQ finished September down 5.... --- ## Q1 2026 Market Insights URL: https://www.patriotinvestment.com/blog/q1-2026-market-insights/ U.S. Markets   Stocks fell in the first quarter amid concerns that artificial intelligence (AI) could disrupt certain industries along with geopolitical issues that unsettled investors.   The Dow Jones Industrial Average lost 3.58%, while the Standard & Poor’s 500 Index fell 4.63% and the Nasdaq Composite declined 7.11%. 1,2   A Choppy January   Stocks trended higher in January as upbeat economic data offset geopolitical tensions. Investors responded positively to December’s inflation report, which was followed by a solid retail sales report. However, evolving geopolitical situations and mixed results from money center banks placed some pressure on stock prices. 3,4   The S&P 500 traded above the 7,000 level for the first time during the month. 5   February’s Focus on AI   Stock prices struggled in February amid investor concerns that AI could disrupt a wide swath of industries.... --- ## September Is National College Savings Month URL: https://www.patriotinvestment.com/blog/september-is-national-college-savings-month/ The leaves are changing, the weather is cooling down, and football is finally back. There is always a lot happening in fall and after a pause of more than three years, interest on federal student loans resumed last Friday and, in October, more than 43 million Americans will need to start making payments again. But wait, there’s more! September is also National College Savings Month, a time to celebrate the power of investing in education and securing a brighter future for our children and grandchildren. What is National College Savings Month? National College Savings Month is an annual observance designed to raise awareness about the importance of saving for higher education. It’s a chance to shine a spotlight on the potential of college savings plans and their impact on shaping students’ lives. In today’s world, with the growing cost of higher education, saving for college can seem a challenging task.... --- ## Q1 2025 Newsletter URL: https://www.patriotinvestment.com/blog/q1-2025-newsletter/ U.S. Markets Stocks fell in the first quarter as investors contended with economic uncertainty, inflationary concerns, and evolving tariff talks. The Standard & Poor’s 500 Index slid 4.59%, while the tech-heavy Nasdaq Composite dropped 10.42%. The Dow Jones Industrial Average fared best, sliding only 1.28%.1 January’s Black Swan Stocks rallied in January on upbeat business and economic messaging from the White House. However, tech stocks pulled markets lower later in the month on news that a Chinese start-up had developed a competitive artificial intelligence (AI) model that performed as well as its Western counterparts at a fraction of the cost.2  As the month came to a close, investors evaluated whether it was indeed a “black swan” event or just another development in the fast-moving world of AI.2 February's New High Stocks hit new highs following February’s Presidents' Day holiday.... --- ## January Is National Financial Wellness Month URL: https://www.patriotinvestment.com/blog/january-is-national-financial-wellness-month-2/ January is Financial Wellness Month, which means it’s a good time to remind people to plan and update their financial strategy.   Now is a great time to connect with your Patriot advisor to discuss your financial situation and aspirations for the future. You should also assess if your financial strategy needs any adjustments based on your lifestyle.   Defining Financial Wellness   The first thing to do is define what “financial wellness” means for you. This varies drastically from person to person. It is informed by who you are, where you are coming from, and what your experiences with money are. A person with serious financial troubles might have different expectations than someone who has enjoyed relative financial stability.   How, then, is “financial wellness” defined? First, ask yourself what you need to feel secure, financially speaking. Here are some questions to consider:   • How much should you have saved?    • How much income should you be bringing in each month?... --- ## 8 Step Summer Financial Checkup URL: https://www.patriotinvestment.com/blog/8-step-summer-financial-checkup-2/ It seems like when summertime hits, time slows down. The hustle and bustle of the holiday season are over, taxes are complete, and vacation days are scheduled. If you find yourself with some extra time on your hands in the upcoming months, you may want to use this opportunity to check in on your family’s finances. While conducting a thorough analysis of your wealth may sound intimidating, we have broken the process down into eight simple steps to keep you focused and on track.   Step 1: Analyze Your Budget   In early 2023, the Bureau of Economic Analysis reported that the average personal savings rate was only 4.7%. An effective way to avoid spending more than you’re earning is to step back and take stock of your monthly and annual budgets. If you do not have a budget at all, use this time to make one.... --- ## Quarterly Market Commentary: Third Quarter 2021 URL: https://www.patriotinvestment.com/blog/quarterly-market-commentary-third-quarter-2021/ #### Markets Struggle In The Third Quarter Global equity markets had a mixed third quarter, but when the final Wall Street-bell rang on September 30 th , global markets had not moved very much, despite the final month of the quarter which turned in dismal results. For the third quarter of 2021: • The DJIA ended with a loss of 1.5%; • The S&P 500 ended up 0.6%; • The NASDAQ ended with a loss of 0.2%; and • The Russell 2000 ended with a loss of 4.4%. Despite the mixed returns for the third quarter and the dismal September returns, most investors are instead focusing on how the market performed for the first nine months of the year – and those numbers are solid. • The DJIA is up 12.1%; • The S&P 500 is up 15.9%; • NASDAQ is up 12.7%; and • The Russell 2000 is up 12.4%. Interestingly, the themes that helped drive market performance during the third quarter have been on Wall Street’s worry list for a while.... --- ## Q2 2023 Market Commentary URL: https://www.patriotinvestment.com/blog/q2-2023-market-commentary/ U.S. Markets   Stocks extended their rally in the second quarter, boosted by cooling inflation, the prospect of a shift in monetary policy, and enthusiasm over artificial intelligence.   For the three months ending June 30, the Dow Jones Industrial Average added 3.41%, while the Standard & Poor’s 500 Index picked up 8.74%. The Nasdaq Composite, which led in the first quarter, led again, gaining 12.81%.   Inflation Breaks   The stock market’s climb over the second quarter did not come without occasional bumps, including a drawn-out political battle over raising the debt ceiling.   One important driver that helped overcome these headwinds was the continued progress in the fight against inflation. Year-over-year inflation broke decisively lower in both April and May reports. The June report was released on July 12 and showed continued easing of inflation.  In fact, consumer prices rose 3%, which was the slowest annual pace in over two years.... --- ## Q4 2024 Market Insights URL: https://www.patriotinvestment.com/blog/q4-2024-market-insights/ U.S. Markets   Stocks posted solid gains in Q4 as investors navigated the presidential election, overseas unrest, and Fed rate cuts.   The Standard & Poor’s 500 Index rose 2.41%, while the Nasdaq Composite surged 6.17%. By contrast, the Dow Jones Industrial Average edged up only 0.51% .1   Back and Forth in October   Stocks slipped in October as pre-election jitters hung over trading while solid but not spectacular Q3 corporate reports failed to lift spirits. 2   Middle East tensions unsettled investors early in the month. However, as the month progressed, investors took a wait-and-see approach. That bumpy beginning gave way to an upbeat jobs report from the Department of Labor, which boosted stocks. The Fed previously told investors that it’s focused on the jobs market as well as inflation, which elevated the importance of the monthly jobs report.... --- ## Your Summer International Travel Checklist URL: https://www.patriotinvestment.com/blog/your-summer-international-travel-checklist/ Summer is just around the corner and for many, that means it's time to embark on exciting international adventures. Whether you're planning to explore the historic streets of Europe, relax on tropical beaches in Southeast Asia, or immerse yourself in the vibrant cultures of South America, one thing is for sure: proper preparation is vital to a smooth and stress-free journey.   Here, we'll walk you through everything you need to consider before jetting off on your next international trip.   Inform Your Bank and Credit Card Companies   One of the first steps you should take before traveling internationally is to inform your bank and credit card companies about your upcoming trip. This helps prevent your transactions from being flagged as fraudulent when using your cards in a foreign country.   Provide your bank and credit card companies with your travel dates and destinations to ensure uninterrupted access to your funds.... --- ## Why You Should Plan Taxes 2 Years At A Time URL: https://www.patriotinvestment.com/blog/why-you-should-plan-taxes-2-years-at-a-time/ Let’s admit it: planning for taxes isn’t exactly enjoyable.  There are probably plenty of things you’d rather be doing. However, thoughtful tax planning plays a critical role in your overall financial health. Starting early can help you save money, reduce errors, and minimize stress when tax season rolls around.   So why should you consider planning your taxes two years at a time?   The Benefits of Planning Ahead   When it comes to taxes, it’s easy to procrastinate. But taking a forward-looking, two-year approach can make a meaningful difference. By planning across multiple years, you gain the opportunity to implement strategies that help maximize tax benefits and reduce your overall liability.   Here’s how:   Early Organization Means Fewer Errors   Mistakes on your tax return can lead to delays, penalties, or missed opportunities. Planning ahead gives you time to gather documents, verify details, and file with confidence.... --- ## 5 Ways To Find Your Financial Independence URL: https://www.patriotinvestment.com/blog/5-ways-to-find-your-financial-independence/ Achieving financial independence is a goal that almost everyone has. It brings you the personal freedom to do what you want. For most people, however, debt is a significant roadblock. In fact, the average adult has around $103,358 in debt. 1  This includes all types of consumer debt, such as credit cards, personal loans, student loans, mortgages and auto loans. The good news is that there are strategies to pay down debt and work toward financial independence. How can you do this? Here are five actionable ways to start working towards more financial freedom this year. Way #1: Make a Budget and Stick to It If you want to be certain that your bills will be paid and your savings goals are on track, then you need to set a monthly budget and do your best to stick to it. If you’re used to spending and saving as you please, sticking to a strict budget will feel hard at first. However, over time, consistency with your spending habits will make following a budget easy and natural.... --- ## Global Market Commentary: Second Quarter 2021 URL: https://www.patriotinvestment.com/blog/global-market-commentary-second-quarter-2021/ #### Markets Perform Well in Second Quarter Global equity markets had a choppy second quarter, but when the final Wall Street-bell chimed on June 30 th , global markets had turned in solid performance numbers on their way to new record highs. For the second quarter of 2021: • The DJIA started the quarter at 33,153 and ended at 34,502 for a gain of 4.1%; • The S&P 500 started the quarter at 4,020 and ended at 4,298 for a gain of 6.9%; • NASDAQ started the quarter at 13,480 and ended at 14,504 for a gain of 7.6%; and • The Russell 2000 started the quarter at 2,254 and ended at 2,311 for a gain of added 2.5%. However, many are glossing over the numbers from the second quarter and are focusing on how the market performed for the first six months of the year – and those numbers are eye-popping, as: • The DJIA is up 12.9% YTD; • The S&P 500 is up 14.7% YTD, which is its best first half of the year since 1998 (which was the height of the dot.com bubble); • NASDAQ is up 12.... --- ## Protecting Yourself From Credit Card Fraud URL: https://www.patriotinvestment.com/blog/protecting-yourself-from-credit-card-fraud/ Credit cards have revolutionized the way we manage our finances. However, this convenience comes with its own set of risks, including credit card fraud. As technology advances, so do the tactics employed by cybercriminals to steal sensitive financial information. According to Bankrate, in 2021, the FTC dealt with nearly 390,000 reports of credit card fraud, with US losses projected to reach $165.1 billion in the next decade. 1 Protecting yourself from credit card fraud is vital for financial security and peace of mind. Here, we’ll explore the various forms of credit card fraud and provide actionable tips to help protect your finances. What is Credit Card Fraud? Credit card fraud encompasses a range of illicit activities aimed at unauthorized access to your credit card information. 2 This includes unauthorized transactions, identity theft, account takeover, card-not-present fraud, and more.... --- ## Tips For Safeguarding Your Personal Information URL: https://www.patriotinvestment.com/blog/tips-for-safeguarding-your-personal-information/ When it comes to information-stealing scams, there’s good news and bad news. The good news is that we are getting scammed less. According to Motley Fool, there were 1.036 million reports of identity theft in 2023, down from 1.107 million in 2022 and 1.4 million in 2021. 1 The bad news is that scammers are becoming more sophisticated, so we must stay diligent about protecting our personal information.   In this article, let’s look at some of the most common information-stealing scams so that you can be aware of them and protect yourself.   Text Message Scams   Text message scams, also known as SMS phishing or “smishing,” have surged in popularity among scammers due to the widespread use of smartphones. These messages often appear to be from legitimate sources, such as banks or financial institutions and aim to trick recipients into revealing personal information or clicking on malicious links.... --- ## November Is National Family Caregiver Month URL: https://www.patriotinvestment.com/blog/november-is-national-family-caregiver-month-2/ November is National Family Caregiver Month, an opportunity to honor the physical, mental and emotional effort caregivers put into their role every day. When looking after a loved one, it’s important to understand the financial challenges this life milestone can create. Whether by choice or necessity, many caregivers may find themselves retiring early. If you’re exiting the workforce, there are a few things to consider making sure you and your family are supported. How to Plan for Becoming a Caregiver As part of the “sandwich” generation, you have a lot on your plate. You may be raising children, taking care of aging parents and managing your other personal responsibilities. For many people, juggling all these tasks might include retiring early to become a full-time caregiver. Here are a few things to consider if you find yourself leaving the workforce to care for a loved one. 1.... --- ## 5 Tips Before Completing Your 2022 Tax Return URL: https://www.patriotinvestment.com/blog/5-tips-before-completing-your-2022-tax-return/ While doing your taxes always feels a bit tedious, these five tips can help you stay the course for filing your 2022 tax return. Tip #1: Leverage Technology If you are filing without the help of an accountant or advisor, you may find it beneficial to use tax preparation software. You can input the information, and the software can populate the numbers for you. Utilizing software can help you meet compliance requirements and help streamline the process, which in turn can potentially speed up the time it takes to receive your tax returns. Tip #2: Accuracy Over Speed Getting an early start on the filing process can allow you the time needed to go through your returns several times before mailing or e-filing. When you are claiming deductions, make sure you’re eligible under the current IRS rules, as some rules change year to year. Have a paper trail ready and simply read from what you have in front of you.... --- ## Understanding Social Security Benefit Taxation URL: https://www.patriotinvestment.com/blog/understanding-social-security-benefit-taxation/ Receiving Social Security benefits is advantageous in retirement, but like almost every other form of income, these benefits are taxed by the government. To accurately predict your retirement income (and taxes), it’s important to understand how Social Security benefits are taxed.   Here, we explain everything you need to know about Social Security benefit taxation.   How are Social Security Benefits Taxed?   While Social Security benefits are a vital source of income for many retirees, a portion of these benefits may be subjected to federal income taxes. The Internal Revenue Service (IRS) uses a formula—known as the provisional income formula—to determine the taxable amount. 1   Provisional Income Formula   An individual’s provisional income is calculated by adding together their adjusted gross income (AGI), their nontaxable interest, and one-half of their Social Security benefits.... --- ## Safeguard Your Digital Estate URL: https://www.patriotinvestment.com/blog/safeguard-your-digital-assets/ In today's digital age, our online presence has become as vital as our physical belongings. Our digital footprint is extensive, spanning social media profiles to online banking, email accounts, and even cryptocurrency wallets. However, what happens to all these assets when we can no longer manage them? Enter the concept of a digital estate. Just as you would safeguard your home, car, and financial accounts, securing your digital assets is crucial. Here’s how you can take proactive steps to protect your digital estate. What is a Digital Estate? Your digital estate encompasses all the online accounts, digital files, and assets you’ve accumulated over the years.1 This can include social media profiles, online banking and investment accounts, email, cloud storage, digital photos and videos, blogs, websites, and any other virtual property you own.... --- ## Q3 2025 Market Insights URL: https://www.patriotinvestment.com/blog/q3-2025-market-insights/ U.S. Markets Stocks powered ahead in the third quarter as solid economic data, strong corporate results, and a positive shift in Fed policy drove market momentum. The Standard & Poor’s 500 Index advanced 7.79% while the Dow Jones Industrial Average gained 5.22%. The tech-heavy Nasdaq Composite led the way, gaining 11.24%. 1 A Jumpstart in July Stocks rose steadily in July as investors viewed economic updates, trade development, and second-quarter corporate results in a positive light. The White House announced a trade agreement with Japan, which helped push the Nasdaq above 21,000 for the first time. 2,3 Investors largely yawned at the news of the trade agreement between the U.S. and the E.U. but were unsettled when the Fed decided to hold rates steady at the end of the month. 4 An August Advance In August, a sluggish jobs report, followed by upbeat inflation news, appeared to crack the door for the Fed to adjust short-term rates.... --- ## SECURE Act 2.0: An Overview URL: https://www.patriotinvestment.com/blog/secure-act-2-0-an-overview/ In the final days of 2022, Congress passed a new set of retirement rules designed to make it easier to contribute to retirement plans and access those funds earmarked for retirement. The law is called SECURE 2.0, and it's a follow-up to the Setting Every Community Up for Retirement Enhancement (SECURE) Act, passed in 2019. The sweeping legislation has dozens of significant provisions, so to help you see what changes may affect you, we broke the major provisions of the new law into four sections. # New Distribution Rules RMD Age Will Rise to Age 73 By far, one of the most critical changes was increasing the age at which owners of retirement accounts must begin taking required minimum distributions (RMDs). Beginning in 2023, RMDs begin at age 73 and in 2033, RMDs begin at age 75. If you have already turned 72, you must continue taking distributions. However, if you are turning 72 this year and have already scheduled your withdrawal, we may want to revisit your approach.... --- ## Retirement Strategy: Money & Longevity URL: https://www.patriotinvestment.com/blog/retirement-strategy-money-longevity/ When considering your retirement strategy, how much thought do you give to how long you might live? It can be an uncomfortable reality to consider, but this shouldn't dissuade you from giving it some serious thought.   For many people preparing for retirement, one of the biggest fears is running out of money. If you've lived to 65 years, you will probably live to at least 84 years if you're male and 87 years if you're female, according to Social Security tables. These are only estimates, but it's important to keep in mind that you might live much longer than you expect, and some household members could outlive others by many years. 1   You might, in fact, live to 100 years and beyond: the National Institute on Aging anticipates that the number of centenarians will grow by a factor of 10 during the first half of this century, representing a host of challenges for anyone attempting to devise a retirement strategy. 1   For example, healthcare costs must be incorporated.... --- ## How Often Should I Update My Estate Strategy? URL: https://www.patriotinvestment.com/blog/how-often-should-i-update-my-estate-strategy/ Estate strategies for the future may be essential, especially when it comes to securing the well-being of your loved ones after you're gone. Your strategy is not a one-time task but a process that should evolve with you and your family's needs. Let's explore why regularly examining your estate strategy and updating it when necessary is key to generational financial well-being.   How Often Should I Update My Estate Strategy?   Many people wonder, "How often should I update my estate strategy?" The general rule of thumb is at least every 3-5 years, if not more often. Many financial planners recommend reviewing your estate strategy when you review your entire financial plan, which could be annually, semi-annually, or quarterly. 1   More importantly, you should review your estate strategy whenever you have a major life change.... --- ## Fourth Quarter 2023 Market Commentary URL: https://www.patriotinvestment.com/blog/fourth-quarter-2023-market-commentary/ U.S. Markets   Stocks moved higher in the final three months of the year as bond yields trended lower in growing anticipation of a potential Fed easing.   For the three months ending on December 31, the Dow Jones Industrial Average gained 12.5% while the Standard & Poor’s 500 Index picked up more than 11%. The Nasdaq Composite, which led throughout 2023, led again, tacking on nearly 14%. 1   A Shaky Start   As satisfying as the fourth quarter’s results were, the quarter began in a discouraging fashion.   Strong economic data released in October stoked investors’ fears that the Fed would be unable to ease its tight monetary policies, sending bond yields to heights not seen in more than a decade. Concerns over Treasury funding and higher-than-expected consumer price inflation added to the gloom that gripped stocks during the first month of the fourth quarter.... --- ## Giving Season Has Arrived! Here's 5 Ways To Maximize Your Year-End Giving Strategy URL: https://www.patriotinvestment.com/blog/giving-season-has-arrived-heres-5-ways-to-maximize-your-year-end-giving-strategy/ Wondering if you’re prepared for the upcoming giving season?   The holidays are here, and to minimize stress and maximize your gifting abilities, it’s important to keep in mind a few ideas that you may or may not be aware of.    If you’re not sure how your finances match up with your upcoming year-end giving strategy, now is the time to prepare by making your lists and checking them twice. Organization is key to proper gifting this holiday season. Follow the five tips below to maximize your charitable giving strategy this year.   1. Do Your Research By using sites such as GuideStar or the Better Business Bureau’s Wise Giving Alliance, you can learn more about the groups you’re interested in donating to.    The organizations you’re involved with should also be able to provide registration information, including 501(c)(3) status and tax identification numbers.... --- ## May Is Military Appreciation Month: 5 Financial Tips For Every Military Family URL: https://www.patriotinvestment.com/blog/may-is-military-appreciation-month-5-financial-tips-for-every-military-family/ In honor of Military Appreciation Month, we recognize those in the military and their families. Military members and their families face one-of-a-kind challenges, such as deployment to conflict zones, overseas assignments, and the constancy of change - all of which make dedicating time to personal finance a challenge. Luckily, there are special tax breaks and other benefits unique to service members. Follow these five tips to take advantage of potential benefits and simplify your military family’s personal finances. Tip #1: Focus on Retirement Savings The Thrift Savings Plan is one way to save for retirement that is specific for military members. You may also have access to a Roth TSP, which acts similarly to a Roth IRA but without income restrictions. Contributing to a Roth TSP does not lower your taxable income now, but you will be able to withdraw the money tax-free when you enter retirement.... --- ## Fourth Quarter 2022 Market Commentary URL: https://www.patriotinvestment.com/blog/fourth-quarter-2022-market-commentary/ Quarterly Market Insights – Fourth Quarter 2022 U.S. Markets Stocks ended a volatile fourth quarter with a slight gain, which helped repair some of the damage since the beginning of the year. For much of the quarter, sentiment was boosted by stronger than expected earnings, a deceleration in inflation, and a growing belief that the Fed may start to scale back on the pace of interest rate hikes.  However, the upbeat mood soured in December as recession fears were rekindled by ongoing Fed rate hikes. The Dow Jones Industrial Average (DJIA) gained 15% for the quarter, while the S&P 500 added 7 percent.  The tech-heavy Nasdaq lagged, falling 1 percent. For the year, the S&P 500 fell 18.11%, the NASDAQ sank 33.10%, and the Dow Jones Industrial declined 8.78%. This was the seventh worst stock market downturn in history and the worst bond market ever.... --- ## 1st Quarter 2021 Market Commentary URL: https://www.patriotinvestment.com/blog/1st-quarter-2021-market-commentary/ #### Markets Reach New Highs in Q12021 Global equity markets had a choppy first quarter, but when the final Wall Street-bell tolled on March 31 st , global markets had turned in some very solid performance numbers on their way to new record highs. Given that investors did see interest rates rise, oil prices jump, inflation worries reappear and continued headwinds from COVID-19 surface, the first quarter returns for the major U.S. and global, developed markets was nothing short of impressive. For the first quarter of 2021: • The DJIA added 7.8%; • The S&P 500 went up 5.8%; • NASDAQ gained 2.8%; and • The Russell 2000 added 12.7%. The themes that drove the markets in the first quarter were mostly-positive economic data, the passing of another stimulus package and more COVID vaccines being distributed around the world. Yes, a glass-half-empty investor could find plenty to worry about, especially as the 10-year U.S.... --- ## Which Financial Documents Should You Back Up? URL: https://www.patriotinvestment.com/blog/which-financial-documents-should-you-back-up/ In the digital age, where technology has revolutionized the way we manage our lives, safeguarding our financial documents has never been more critical. From tax returns and bank statements to investment portfolios and insurance policies, our financial well-being relies on organized and secure documentation. Here, we share a comprehensive guide on what financial documents you should back up and why these backups are crucial for your financial future. Personal Identification Documents Passport and Driver's License Copies of your passport and driver’s license are essential for various financial transactions, including opening bank accounts and applying for loans. In case these physical documents are lost or stolen, having digital copies can expedite the recovery process. Social Security Card Your Social Security card is a crucial piece of identification.... --- ## October Is Financial Planning Month URL: https://www.patriotinvestment.com/blog/october-is-financial-planning-month-2/ As the holiday season draws near, most people are thinking about their finances over the next few months and budgeting for how they can celebrate the most wonderful time of the year. Which is perfect timing because October is National Financial Planning Month! Let’s use this month to celebrate the importance of proper financial planning and share some tips and tricks on how to get your financial planning in order. Create a Budget The first step in understanding and taking control of your finances is creating a budget and sticking to it. Everyone’s budget will look a little bit different, but the 50/30/20 rule is a good place to start. 1 The 50/30/20 rule states that 50% of your budget should go to essentials, such as rent, food, and utilities; 30% should go to wants, such as entertainment or travel; and 20% should go to savings and paying off debt.... --- ## Can AI Help Me Plan My Retirement? URL: https://www.patriotinvestment.com/blog/can-ai-help-me-plan-my-retirement/ AI has become increasingly popular in recent years, and with the advent of ChatGPT, it seems like it can do almost anything! But can AI help you plan your retirement? The answer is that while AI can be a powerful tool for research, it doesn’t replace the need for a human financial professional who understands your unique goals. Let’s look at how AI can be a helpful tool in some ways and also examine its limitations. Understanding the Limitations of AI Retirement planning is a deeply personal endeavor, shaped by individual goals, risk tolerance, financial resources, and lifestyle aspirations. AI, despite its impressive capabilities, can’t understand the intricacies that make each person’s financial journey unique. It operates based on patterns and historical data, which might not always capture the full scope of an individual’s needs. In addition, even the most cutting-edge AI tools still “hallucinate” or “create outputs that are nonsensical or altogether inaccurate.... --- ## Retirement Strategy: When And How To Update Your Retirement Plan URL: https://www.patriotinvestment.com/blog/retirement-strategy-when-and-how-to-update-your-retirement-plan/ While you and your Patriot Advisor will work to create an overall retirement strategy, this does not mean that you will not need to make changes along the way. So, the question remains: When should you revisit your retirement strategy? First, when you have had a major change in your career, that is a good time to talk about your strategy. That change can be getting a new job, quitting, or being laid off. It can also be a promotion or a raise. Starting or selling a business enterprise is another cause for conversation. Situations in which there has been a major change in your or your family's lives are good times to reconnect with your Patriot Advisor, as well. The following events are situations in which your beneficiaries might change: marriages, divorces, births, and deaths. Another reason to contact your Adviser could also be as simple (or complicated) as moving to another state, country, or even just up the street.... --- ## 2024 Q3 Market Insights URL: https://www.patriotinvestment.com/blog/2024-q3-market-insights/ U.S. Markets Investors welcomed the Fed’s decision regarding short-term interest rates, causing stocks to post solid gains in the third quarter. The Dow Jones Industrial Average, which dipped in Q2, picked up 8.21% for the third quarter. The S&P 500 Index rose 5.53% while the tech-heavy Nasdaq Composite gained 2.57% as investors rotated away from technology names in favor of other groups (See Sector Scorecard). 1 Small Caps Shine in July Stocks were mixed in July despite economic data that marked a turning point in the Fed’s view on interest rates. Investors eventually became more confident that inflation was slowing as anticipation built around a potential rate adjustment. 2 The improving inflation outlook sparked a rally in the Russell 2000, which gained more than 10% in July. Investors anticipated small caps might benefit if the Fed adjusted rates.... --- ## 5 Steps For Handing An Unexpected Tax Bill URL: https://www.patriotinvestment.com/blog/5-steps-for-handing-an-unexpected-tax-bill/ Have you just completed your taxes and discovered that you owe way more than you expected? Don't panic. There are several ways to bring that hefty tax bill down.   Step 1: Check for Errors   First, go through your return and make sure that you haven't made a mistake. If you used tax software, note that it checks the math based on what you entered, but it doesn't know if you entered the right numbers. Common errors include entering a wrong number, adding an extra zero, or entering the same income in two different places.   When looking for errors, the best place to start is a line-by-line check, comparing this year's return to last year's return. Of course, some numbers will be slightly different, but the differences should match your raise, reduction in hours, or other life changes. If anything doesn't match up, take a closer look.... --- ## Why Retirement Planning Is Different For Business Owners URL: https://www.patriotinvestment.com/blog/why-retirement-planning-is-different-for-business-owners/ Running a business presents unique challenges and opportunities that can significantly impact retirement planning. Here, we’ll share some reasons why retirement planning differs for business owners and explore some key considerations they should consider.   Business Owners Are Both Plan Sponsor and Contributor   One of the primary distinctions for business owners is the dual role they often play as both business operators and retirement planners. Unlike employees who contribute to employer-sponsored retirement plans, business owners must establish and manage their own retirement accounts. This includes deciding on retirement account types, contribution amounts, and investment strategies.   Business Owners Often Have Variable Income Streams   Business income can be variable, which adds complexity to retirement planning. Unlike employees who receive a consistent paycheck, business owners' income can fluctuate based on business performance.... --- ## The ABCs of Medicare: What Recent Retirees Need To Know About Their Coverage Options URL: https://www.patriotinvestment.com/blog/the-abcs-of-medicare-what-recent-retirees-need-to-know-about-their-coverage-options/ Whether you’ve officially retired or are still working full time, it’s possible your health insurance options are changing. Depending on your age or health status, you may soon be qualified for Medicare. While you’ve likely heard of it before, we’re breaking down what exactly it is, who Medicare benefits and what each Medicare part covers.   What Is Medicare?   Medicare is a government-funded national health insurance program that was established in 1966. It is designed to offer coverage to individuals including: 1      • Those who are 65 or older   • Individuals under 65 with qualifying disabilities   • Individuals with End-Stage Renal Disease (ESRD)   Medicare is broken down into several parts that cover specific services. While Part A and Part B are part of the “original” Medicare plan, Parts C and Part D offer optional additional coverage.   Part A: Hospital Insurance   Part A is considered hospital insurance.... --- ## Global Market Commentary: Year End 2021 URL: https://www.patriotinvestment.com/blog/global-market-commentary-year-end-2021/ #### Year In Review 2021 was another year filled with concern, whether it was the COVID-19 pandemic, rising inflation, or the Federal Reserve and interest rates.  Even with that uncertainty, the US markets still had a very strong performance and by the end of the year: • The Dow Jones Industrial Average finished up 20.95% • The S&P 500 ended with a gain of 28.71% • The NASDAQ was up 22.18% At the beginning of 2021, few investors expected these types of returns.  However, markets and investors shrugged off any potential events that might have derailed the market and the S&P 500 notched 70 new all-time highs over the course of 2021 and had the third-largest gain of the past 20 years. #### Markets Turn in Very Good Fourth Quarter Global equity markets had a volatile fourth quarter, but by the time the year ended, global markets recorded very decent numbers, as good returns from the first and third month sandwiched a less than stellar second month.... --- ## October Is Financial Planning Month URL: https://www.patriotinvestment.com/blog/october-is-financial-planning-month-3/ As the holiday season draws near, most people are thinking about their finances over the next few months and budgeting for how they can celebrate the most wonderful time of the year. Which is perfect timing because October is National Financial Planning Month! Let’s use this month to celebrate the importance of proper financial planning and share some tips and tricks on how to get your financial planning in order. Create a Budget The first step in understanding and taking control of your finances is creating a budget and sticking to it. Everyone’s budget will look a little bit different, but the 50/30/20 rule is a good place to start. 1 The 50/30/20 rule states that 50% of your budget should go to essentials, such as rent, food, and utilities; 30% should go to wants, such as entertainment or travel; and 20% should go to savings and paying off debt.... --- ## Planning A Debt-Free Vacation URL: https://www.patriotinvestment.com/blog/planning-a-debt-free-vacation/ A vacation should be a time to relax, explore, and create lasting memories, not a financial burden that follows you home. Yet, according to a Bankrate survey, more than one in three (36%) are willing to go into debt to pay for it. 1 The good news is that you can enjoy a fantastic trip without going into debt. Here are some tips for planning a debt-free vacation. Set a Realistic Budget Before choosing a destination, determine how much you can realistically afford to spend without going into debt. Consider all possible expenses, including the following: • Transportation • Lodging • Food • Activities • Extras (souvenirs, tips, emergency costs, etc.) Some people suggest spending no more than 5% of your annual income on vacations. Once you set a budget, commit to sticking to it. Start a Vacation Fund If you don’t have the money for a trip right now, start saving in advance.... --- ## 5 Things to Consider When Thinking About Paying Off Your Child's Student Loans URL: https://www.patriotinvestment.com/blog/5-things-to-consider-when-thinking-about-paying-off-your-childs-student-loans/ College tuition is at an all-time high. As of 2025, the average student loan debt is $38,375 per student, and the average monthly student loan payment was $536. 1,2  It's no wonder parents want to help their children pay off their student loans as quickly as possible. Paying off this debt could help set your child up for success as they make important financial choices, such as applying for a mortgage.   However, is paying off your child's student loans early always the best option? Here are five things to consider when deciding whether to help your child pay off their student loans.   Consider Any High-Interest Debt First   Before helping your child pay off their student loans, you should consider whether you have any high-interest debt yourself. Generally, student loans feature a moderately low interest rate (around 4%–7%, depending on the loan).... --- ## 5 Financial Goals For The New Year URL: https://www.patriotinvestment.com/blog/5-financial-goals-for-the-new-year/ The new year is almost here, and now is the time to create financial goals to help you set yourself up for a more financially stable future. Sometimes, getting your finances organized can be a daunting task, but setting a few yearly goals can be easier than you think. Start the year off right by getting started on the five financial goals listed below.   1. Draft a Monthly Budget Even though this may seem like an obvious goal, many people find it hard to draft a budget each month and stick to it. A monthly budget is the beginning of gaining better control over your finances, and the more detailed it is, the better. When creating your budget, make sure that every penny is accounted for, including savings, investments, clothing, food, and entertainment. It will not only help you realize how much you spend each month, but it will also help direct your focus to areas where you can improve and help you decide where to allocate the extra money you get from sticking to your budget.... --- ## Financial Planning For Fall Home Maintenance And Renovations URL: https://www.patriotinvestment.com/blog/financial-planning-for-fall-home-maintenance-and-renovations/ Fall is the perfect time to consider your home's maintenance and renovation needs and is an ideal season to tackle these projects before the winter chill sets in. However, it's crucial to approach them with a solid financial strategy in mind.   Let's explore how you can prepare financially for fall home maintenance and renovations.   Assess Your Home's Needs   Before diving into planning, assess what your home requires. Take a walk around your property, noting any areas that need attention. This could include:   • Roof Inspection: Check for loose or damaged shingles.   • Gutter Cleaning: Clear out leaves and debris to prevent clogging.   • HVAC System: Schedule a maintenance check to ensure it's ready for winter.   • Exterior Painting: Look for chipped or peeling paint.   • Window and Door Seals: Check for drafts and reseal as needed.   • Landscaping: Trim trees and shrubs and prepare flower beds for winter.... --- ## Is It Too Late To Save For College? URL: https://www.patriotinvestment.com/blog/is-it-too-late-to-save-for-college/ For many families and individuals, saving for college can be daunting. With the rising costs of tuition, books, and living expenses, it’s no wonder that the prospect of funding higher education can feel overwhelming. However, the belief that it's too late to start saving is a common misconception. In fact, it's never too late to begin planning and saving for college, and there are numerous strategies and resources available to help make this goal a reality. The Rising Costs of Higher Education According to the College Board, the average cost of tuition and fees for the 2021–2022 school year was $10,740 for in-state public colleges, $27,560 for out-of-state public colleges, and $38,070 for private colleges. 1 These figures represent a significant financial burden for many families, but they also underscore the importance of starting to plan as soon as possible. Is it Too Late to Save for College?... --- ## It's Time To Revisit Your Annual Financial Goals. How Did You Do? URL: https://www.patriotinvestment.com/blog/its-time-to-revisit-your-annual-financial-goals-how-did-you-do/ As the year comes to a close, it’s time to look back on your 2023 financial journey. Did you achieve the goals you set out to accomplish at the beginning of the year? Did you experience unexpected financial challenges? Were there areas where you excelled and others where you fell short? This blog will guide you through the process of checking in on your annual financial goals, evaluating your performance over the past year, and setting meaningful goals for 2024. How to Revisit Your Annual Financial Goals Let’s go over some steps to take as you evaluate your 2023 financial goals. Review Your Initial Goals Start by revisiting the financial goals you set for yourself at the beginning of 2023. These goals could include paying off debt, paying for a child or grandchild’s education, investing for retirement, or achieving any other financial aspirations you had in mind. Assess Your Progress Then evaluate how much progress you made toward each goal.... --- ## Patriot Named to 2019 FT 300 For Top RIAs URL: https://www.patriotinvestment.com/blog/patriot-2019-financial-times-300/ Patriot Investment Management Group is pleased to announce that we have been named in the 2019 edition of the Financial Times 300 Top Registered Investment Advisers. The list recognizes the top 300 independent Registered Investment Adviser (RIA) firms in the nation. The criteria for selection include: assets under management (AUM), AUM growth rate, years in existence, industry certifications of key employees, SEC compliance record, and online accessibility. We are honored to be selected and want to especially thank our team and our clients who make everyday a pleasure. You can check out the whole Financial Times 300 list and article here: FT 300 list: the top US registered investment advisers in 2019 --- ## Tax Prep Tips For Filing Your 2025 Taxes URL: https://www.patriotinvestment.com/blog/tax-prep-tips-for-filing-your-2025-taxes/ Tax season is officially here—and a little preparation now can save you time, stress, and potential headaches later. Whether you meet with a tax professional or prepare your taxes yourself, proper planning helps the processes go more smoothly and may reduce the risk of costly errors. Check out the tips below and prepare to tackle this tax season with confidence.   Tax Prep Tip #1: Gather All of Your Forms   In January, you likely started to receive the forms you need to properly complete your tax return. If you are expecting a large refund, you will want to make a list so you don’t forget anything that could affect it. Once you receive your documents, review them carefully for accuracy. Contact the sender right away if you notice any discrepancies. Remember, even a simple misspelling can cause a flag on your tax return. Inspect all your documents carefully.... --- ## First Year Of Retirement: What To Expect URL: https://www.patriotinvestment.com/blog/first-year-of-retirement-what-to-expect/ Some retirees describe the first few months after retirement as a “honeymoon phase,” during which they focus on travel, projects, and catching up on rest. After the honeymoon glow wears off, many begin asking deeper questions about how they want to spend their time and energy. 1   It's not only normal to ask those questions, but necessary. Our careers give us more than income. They provide structure, social interaction, and a sense of purpose. When that structure is no longer part of your daily routine, it can be difficult to fill the gap.   Over time, most retirees begin building new routines around things they find meaningful. That might mean volunteering, mentoring, traveling, learning something new, or simply spending more time with family. Research shows that adults age 65 and older spend more hours each day on leisure and personal activities than working-age adults. That’s not just “free time.” It’s an opportunity.... --- ## Understanding 530A “Trump Accounts”: A New Savings Opportunity for Families URL: https://www.patriotinvestment.com/blog/understanding-530a-trump-accounts-a-new-savings-opportunity-for-families/ Beginning in 2026, families across the United States may gain access to a new financial planning tool designed to support children’s long-term financial futures: the 530A account, commonly referred to as a “Trump Account.” While much of the public attention has focused on the proposed $1,000 government contribution for newborns, the legislation includes broader opportunities that may benefit many families with children under age 18.¹ ˒ ²   What Is a 530A Account?   The 530A account was created under the  One Big Beautiful Bill Act  and is intended to encourage long-term saving and investing for children. Although the headline feature is the federal government’s proposed $1,000 seed contribution for eligible newborns, the accounts themselves are expected to be available to all qualifying American children under age 18.¹ ˒ ²   Under the pilot program, children born between January 1, 2025, and December 31, 2028, may receive the one-time $1,000 federal contribution.... --- ## Most Common Financial New Year's Resolutions URL: https://www.patriotinvestment.com/blog/most-common-financial-new-years-resolutions/ As the New Year rolls around, now is the perfect time to take stock of your current financial health and set goals for the upcoming year. Financial New Year’s resolutions are a great way to take control of your finances, build wealth, and develop healthier money habits.   Here are the most common financial New Year's resolutions and tips to help you achieve them.   1. Save More Money One of the most common financial resolutions is to save more money. Whether it’s building an emergency fund, saving for a home, or setting aside money for future vacations, saving is often at the top of people's lists. However, daily expenses can quickly sideline this resolution without a clear plan.   Here’s how to set yourself up for success if your goal is to save more money:   • Set Specific Goals: Determine exactly how much you want to save and by when. For example, instead of saying, "I want to save more money," say, "I want to save $5,000 by the end of the year.... --- ## January Is National Financial Planning Month URL: https://www.patriotinvestment.com/blog/january-is-national-financial-planning-month/ January is Financial Wellness Month, which means it’s a good time to remind people to plan and update their financial strategy.   Now is a great time to connect with your financial professional to discuss your financial situation and aspirations for the future. You should also assess if your financial strategy needs any adjustments or changes based on your lifestyle.   Defining Financial Wellness   The first thing to do is define what “financial wellness” means for you. This varies drastically from person to person. It is informed by who you are, where you come from, and what your experiences with money are. A person who has had serious financial troubles in their life might have different expectations than a person who has enjoyed relative financial stability.   How, then, is “financial wellness” defined? First, ask yourself what you need to feel secure, financially speaking. Here are some questions to consider:   • How much should you have saved?... --- ## Q4 2025 Market Insights URL: https://www.patriotinvestment.com/blog/q4-2025-market-commentary/ U.S. Markets   U.S. stocks notched a solid gain in the fourth quarter as investors cheered lower interest rates and solid corporate profits while navigating limited economic updates due to the U.S. government shutdown.   The Standard & Poor’s 500 Index gained 2.35%, while the Nasdaq Composite added 2.57%. The Dow Jones Industrial Average advanced 3.59%.  1   October Shutdown   U.S. stocks rose for the sixth consecutive month in October as AI- and tech-led advances pushed major averages. 2   Solid Q3 corporate results helped drive market momentum over a month that is notorious for declines. However, after the U.S. Senate failed to pass dueling funding bills that would have prevented the shutdown, sentiment began to shift negatively. 2   Late-Month November Rally   Stocks then turned mixed in November as a late-month rally clawed back some losses from earlier in the month. After the U.S.... --- ## What You Need To Know About The Tax Cuts & Jobs Act URL: https://www.patriotinvestment.com/blog/what-you-need-to-know-about-the-tax-cuts-jobs-act/ The Tax Cuts and Jobs Act (TCJA) was an amendment to the Internal Revenue Code rolled out in 2018. It had implications for businesses and individuals. However, most TCJA provisions are set to expire at the end of 2025. What does this mean for filers?   Let’s look at the TCJA, how it impacts individuals and businesses, and what to expect when some provisions are sunsetted.   What was the Tax Cuts and Jobs Act?   The TCJA was an amendment that “changed deductions, depreciation, expensing, tax credits and other tax items that affect businesses.” 1 They also add that some provisions affecting individual taxpayers can also affect business taxes.   Major elements of the change included reductions in tax rates for businesses and individuals, increases in the standard deduction and family tax credits, and efforts to limit deductions for state and local income taxes and property taxes. 2 The TCJA was the largest tax code overhaul in three decades.... --- ## How To Freeze Your Credit Report URL: https://www.patriotinvestment.com/blog/how-to-freeze-your-credit-report/ In an era dominated by digital transactions and online financial activities, protecting your personal information is more crucial than ever. If you suspect that your personal information or identity was stolen, freezing your credit is one way to protect yourself, as it restricts access to your credit report.   Here, we will delve into the reasons for freezing your credit, how to freeze your credit, and the benefits of this powerful financial safeguard.   Understanding Credit Freezes   A credit freeze is a precautionary measure that restricts access to your credit report. 1 This means that potential lenders or creditors cannot view your credit history, making it significantly harder for identity thieves to open new accounts in your name.   Reasons to Freeze Your Credit   A credit freeze is not something people do all the time, so you may be wondering when you might consider it.... --- ## What is the Fed, and What Do They Do? URL: https://www.patriotinvestment.com/blog/what-is-the-fed-and-what-do-they-do/ If you’ve ever turned the tv to a financial news channel, you’ve probably heard the term “the Fed.” But who, or what, exactly is the Fed? And why does it matter to you.  Here, we explain the Federal Reserve System, or the Fed, and explore how its decisions can affect your everyday life. What is the Fed? “The Fed” stands for the Federal Reserve System, the USA’s central banking system. It was established by Congress in 1913 and is an independent entity that was designed to bring stability and integrity to the country’s monetary and financial system. 1 The Fed has five general functions, including: • Conducting the nation’s monetary policy. • Promoting the stability of the financial system. • Promoting the safety and soundness of individual financial institutions. • Fostering a safe and efficient payment and settlement system. • Promoting consumer protection and community development. The Fed also has dual objectives, which are often referred to as the dual mandate.... --- ## Is It Too Late To Start A Retirement Fund? URL: https://www.patriotinvestment.com/blog/is-it-too-late-to-start-a-retirement-fund/ We’ve all heard the recommendation that when it comes to retirement savings, the earlier you start, the better because of the power of compound interest. What if you’re in your 40s, 50s, or even 60s and haven’t started saving for retirement yet? Is it too late to start a retirement fund?   The short answer is no. It’s never too late to start saving for retirement. However, starting later in life may require a different approach. Let’s dive in.   What is Compound Interest?   Before we talk about saving for retirement later in life, let’s talk about compound interest. Compound interest is one of the best reasons to start saving for retirement as early as possible.   When you invest money, you earn interest on the initial amount (the principal); over time, you also earn interest on the already earned interest. This snowball effect can lead to significant investment growth over the years.... --- ## 401(k) Hardship Withdrawals And Loans: What To Consider Before Accessing Your Funds Early URL: https://www.patriotinvestment.com/blog/401k-hardship-withdrawals-and-loans-what-to-consider-before-accessing-your-funds-early/ A 401(k) is designed as a retirement planning tool, but investors sometimes face unexpected financial situations that lead them to consider withdrawing funds from their 401(k) early. While a 401(k) is designed for long-term savings, you can access the funds early through hardship withdrawals and loans. However, there are consequences to this decision.   Here, we break down 401(k) hardship withdrawals and note what you should consider before accessing your retirement funds early.   What Are 401(k) Hardship Withdrawals?   A 401(k) hardship withdrawal allows you to access your retirement savings early (before the age of 59 ½), but only under specific conditions. 1 The IRS defines hardship as "an immediate and heavy financial need" and limits withdrawals to the amount necessary to satisfy that need.... --- ## Making Sense Of HSAs And FSAs URL: https://www.patriotinvestment.com/blog/making-sense-of-hsas-and-fsas/ With family health insurance premiums rising 297 percent since 2000, averaging over $25,000 annually, some employees feel the squeeze. Deductibles, too, have jumped nearly 50 percent over the last decade, further increasing out-of-pocket expenses. In this environment, understanding and using Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs) can help families take more control of their healthcare finances. 1 What Are HSAs and FSAs? HSAs and FSAs are special accounts designed to help manage medical expenses. If you have an HSA, you must also be enrolled in a high-deductible health plan (HDHP). You contribute to the account, and your employer can also choose to contribute. Funds roll over from year to year. FSAs are usually employer-sponsored accounts. You contribute pretax dollars through payroll deductions. However, the funds must typically be used within the plan year unless your employer offers a grace period or limited rollover.... --- ## Q2 2025 Market Insights URL: https://www.patriotinvestment.com/blog/q2-2025-market-insights/ U.S. Markets   Markets rose in the second quarter as investors witnessed the new U.S. trade policy's impacts unfold, while tensions continued in the Middle East.   The Standard & Poor’s 500 Index rose 10.57%, while the Nasdaq Composite climbed 17.75%. The Dow Jones Industrial Average gained 4.98%. 1   April Showers   Soon after the closing bell rang on April 2, investors were caught off guard by a tariff update from the White House. Global markets reacted to the news overnight. Stocks declined over several sessions. 2   However, on April 9, after the White House announced a 90-day pause on specific tariffs, markets pushed higher. The S&P 500 gained 9.5%—its largest one-day increase in 17 years. Stocks rallied late in the month on news that the administration intended to de-escalate tariff tensions with China. 3,4   May Flowers   Stocks rebounded strongly in May as certainty around trade increased and investor anxiety lessened.... --- ## Tips For Choosing A Health Insurance Plan URL: https://www.patriotinvestment.com/blog/tips-for-choosing-a-health-insurance-plan/ Open enrollment (the annual period when you can enroll in major medical health insurance plans), begins November 1, 2023, and will remain open until January 15, 2024. You will need to enroll by December 15, 2023 for coverage that begins January 1, 2024. 1 For someone looking to change or add coverage, this offers a short window of time to decide on and select your health insurance plan. To avoid a hasty decision to meet this deadline, take some time now to review and prepare. Below we’ve rounded up our top tips for choosing the right health insurance plan for you and your family’s needs. Who Should Utilize Open Enrollment? The Open Enrollment Period (or OEP) is for anyone looking to make a change to their health insurance coverage, whether through their workplace or the federal market. This could include looking for a cheaper plan with similar coverage, gaining coverage if you previously had none, or changing your coverage altogether to better meet your needs.... --- ## November Is National Family Caregiver Month URL: https://www.patriotinvestment.com/blog/november-is-national-family-caregiver-month/ November is National Family Caregiver Month, an opportunity to honor the physical, mental, and emotional effort caregivers put into their role every day. When looking after a loved one, it’s important to understand the financial challenges this life milestone can create.    Whether by choice or necessity, many caregivers may find themselves retiring early. If you’re exiting the workforce, there are a few things to consider making sure you and your family are supported.    How to Plan for Becoming a Caregiver   As part of the “sandwich” generation, you have a lot on your plate. You may be raising children, taking care of aging parents and managing your other personal responsibilities. For many people, juggling these tasks might include retiring early to become a full-time caregiver. Here are a few things to consider if you find yourself leaving the workforce to care for a loved one.    1.... --- ## 2019 Q1 Market Commentary URL: https://www.patriotinvestment.com/blog/2019-q1-markets/ #### Stocks Turn in Best Quarter in 10 Years Global markets ended the first quarter of 2019 with very positive returns and domestically, the DJIA, S&P 500, Russell 2000, and NASDAQ all rewarded investors with double digit gains. The S&P 500 recorded its strongest quarterly performance in a decade, rising over 13% and leaving the index 3% off its all-time high. NASDAQ did not perform as well as the DJIA or S&P 500 on the final week of the quarter, but its 16.5% gain for the first quarter was nothing shy of remarkable. There were a lot of positive developments in the quarter, but the ones that seemed to dominate headlines throughout and contribute to the markets positive moves were the Federal Reserve’s change with respect to rate hikes, mostly positive economic data points, solid corporate earnings results, and guarded optimism that a trade war with China will be averted.... --- ## Upsizing vs. Downsizing In Retirement URL: https://www.patriotinvestment.com/blog/upsizing-vs-downsizing-in-retirement/ When the kids leave the nest and the family home seems too big and requires too much work to maintain, many retirees opt for new living arrangements. For many, the dream is to relocate to a warmer climate and a small patio home. Others decide to stay put and rent out a portion of a large house to help with finances. Many others choose to remain in their current living conditions throughout their golden years. No matter what living situation you choose, the key is to plan early and plan carefully. Weigh all your options, consider the financial costs, and research new locations carefully. Let us look at the pros and cons of downsizing and upsizing in retirement to help you make the best choice. ### The Benefits of Downsizing According to TD Ameritrade, 42% of Americans plan to downsize in retirement. Whether that choice is because they want to move to a warmer climate, want to be closer to family, or want to limit their housing expenses, downsizing has many benefits.... --- ## If Your Insurance Rates Went Up, You're Not Alone URL: https://www.patriotinvestment.com/blog/insurancerates/ If you’ve recently received notice that your insurance rates are increasing, you’re far from alone. The average cost of car insurance has jumped more than 20% in the last year. 1 The average homeowner's insurance premium rose 7.6% in 2021 from 2020. 2 The countrywide average auto insurance expenditure increased 1.4%. 3   Let’s look at why rates are increasing and what you can do to help mitigate these rising rates.   Why Are Insurance Rates Rising?   Insurance rates are influenced by various factors, most of which are beyond your control. Here are just some of the reasons why your premiums might be going up:   • Inflation   • Rising costs of living   • Increased frequency and severity of natural disasters   • Supply chain disruptions   • Global unrest   • Increase in claims   • Medical advancements   What Can You Do About Rising Insurance Rates?... --- ## 8 Step Summer Financial Checkup URL: https://www.patriotinvestment.com/blog/8-step-summer-financial-checkup/ It seems like when summertime hits, time slows down. The hustle and bustle of the holiday season is over, taxes are complete, and vacation days are scheduled. If you find yourself with some extra time on your hands in the upcoming months, you may want to use this opportunity to check in on your family’s finances. While conducting a thorough analysis of your wealth may sound intimidating, we’ve broken the process down into eight simple steps to keep you focused and on track.   Step 1: Analyze Your Budget   In May 2025, the Bureau of Economic Analysis reported that the average personal savings rate was only 4.5%. An effective way to avoid spending more than you’re earning is to step back and take stock of your monthly and annual budgets. If you don’t have a budget at all, use this time to make one.... --- ## 2019 Q2 Market Commentary URL: https://www.patriotinvestment.com/blog/2019-q2-markets/ #### Markets Continue to Set Records in the Second Quarter of 2019 Stock markets in the U.S. and mostly around the globe turned in a good second quarter, which when combined with a good first quarter, created fantastic YTD returns for investors. In fact, the returns were historic, especially for the last month of the second quarter. Consider this: • The 30-stock DJIA and broad-based S&P 500 posted their best June in 81 and 64 years, respectively • The DJIA delivered its best first half of the year since 1999 • The S&P 500 delivered its best first half since 1997 • The technology-laden NASDAQ recorded its best June in nearly 20 years Markets had a lot to digest in the second quarter and there were two main themes that kept influencing the upward momentum: hopes of a trade truce between the U.S. and China and shifting Federal Reserve bank policies with respect to short-term rates.... --- ## Is "Temporary Retirement" The Newest Trend? URL: https://www.patriotinvestment.com/blog/is-temporary-retirement-the-newest-trend/ It’s fascinating to see how the world of work has evolved so drastically over the past few years. With the rise of remote work, the gig economy, and technological advancements, the traditional career path—working from your early twenties until you hit retirement in your sixties—may be a thing of the past. A new trend is emerging in its place: "temporary retirement."   But what exactly does “temporary retirement” mean, and why are more people embracing it?   What is Temporary Retirement?   Temporary retirement, also known as a "career break" or "mini-retirement," is when individuals take extended periods off from work—anywhere from a few months to several years—before returning to their careers. 1 According to a LinkedIn survey of 23,000 workers in 2022, nearly two-thirds (62%) of employees have taken a career break at some point — and 35% would be interested in one in the future.... --- ## 2019 Market Review URL: https://www.patriotinvestment.com/blog/2019-market-review/ #### 2019 Was a Fantastic Year for Investors Stock markets in the U.S. and around the globe turned in a fantastic 2019, driven by U.S. equities, specifically large-cap U.S. equities. Along the way, 2019 brought plenty of records, including: • Record Highs . As the S&P 500 climbed consistently throughout the year, it also recorded 34 new record highs and turned in the best year in more than half a decade. • Longest Expansion on Record . Earlier this summer, our current economic expansion passed the one from the 1990s to officially become the longest on record – more than 125 months and counting. Major markets around the world put up some impressive numbers in 2019, with the MSCI EAFE Index just shy of a 20% return, the DJIA north of 20%, and both the S&P 500 and NASDAQ up more than 30%. Interestingly enough, most markets traded sideways from the April to September time frame but rose significantly to close out the year – a marked departure from the end of 2018.... --- ## The Latest From The Silver Tsunami: Boomer Retirement Stats URL: https://www.patriotinvestment.com/blog/the-latest-from-the-silver-tsunami-boomer-retirement-stats/ As the baby boomer generation moves into retirement, society is undergoing a significant transformation. Termed the “Silver Tsunami,” this demographic shift has far-reaching implications for both retirees and the economy as a whole. 1 In this blog post, we delve into the latest retirement statistics for the baby boomer generation, exploring the trends, challenges, and opportunities that accompany this seismic demographic change. The Baby Boomer Generation: A Demographic Overview The baby boomer generation, born between 1946 and 1964, represents a substantial portion of the global population (more than 20%). 2 Understanding the sheer size and influence of this generation allows us to comprehend the impact of their retirement on society. Retirement Age Going against traditional retirement norms, many baby boomers are choosing to extend their working years.... --- ## What Documents Should I Keep vs. Shred? URL: https://www.patriotinvestment.com/blog/what-documents-should-i-keep-vs-shred/ It’s easy to throw up your hands in exasperation when it comes to filing papers and documents at home, and you’re likely tempted to shred everything to be done with it. Still, keeping good records will reduce clutter, prevent identity theft, and reduce stress. No more searching for needed paperwork! The principles of good record management for businesses also pertain to personal recordkeeping. They are accountability, transparency, integrity, protection, compliance, and accessibility. Consider the following principles (and time frames) when deciding what to keep or shred for your document management plan. Documents to Shred Immediately The following are documents that you should shred immediately to protect your personal information: • ATM receipts and reconciled paper bank statements • Old credit card bills (after charges have been verified) • Paid utility bills • Expired warranties • Canceled and voided checks • Junk mail • Store receipts (after the return... --- ## 2019 Q3 Market Commentary URL: https://www.patriotinvestment.com/blog/2019-q3-markets-commentary/ #### Markets Rise Modestly in the Third Quarter of 2019 as the Fed Cuts Rates and China Saga Continues U.S. stock market indices increased modestly in the third quarter, propelling the S&P 500 and the DJIA to their best three-quarter starts to the year since 1997 – all while further extending what is the longest of all bull markets on record. The broader S&P 500 enters the final three months of the year with a gain of 20.55% – its best performance in over two decades – as the third quarter’s return of 1.70% padded its yearly return. The S&P 500 is just a hair shy of its all-time high reached on July 26 th . However, if you look at the performance over the past year, it has moved just 4.25%, mostly as a result of the selloff in stocks toward the end of 2018. But stocks were not the only good performer as there was a brief flight to quality causing a rally in bonds and some of the defensive sectors during the third quarter too. Index Returns Close 3Q19 DJIA 26,901 1.... --- ## Open Enrollment Begins November 1st. Consider These 4 Tips for Choosing a Health Insurance Plan URL: https://www.patriotinvestment.com/blog/openenrollment/ Open enrollment (the annual period when you can enroll in major medical health insurance plans), begins November 1, 2025, and will remain open until January 15, 2026. You will need to enroll by December 15, 2025 for coverage that begins January 1, 2026. 1  For someone looking to change or add coverage, this offers a short window of time to decide on and select your health insurance plan. To avoid a hasty decision to meet this deadline, take some time now to review and prepare. Below we’ve rounded up our top tips for choosing the right health insurance plan for you and your family’s needs.    Who Should Utilize Open Enrollment?   The Open Enrollment Period (or OEP) is for anyone looking to make a change to their health insurance coverage, whether through their workplace or the federal market. This could include looking for a cheaper plan with similar coverage, gaining coverage if you previously had none or changing your coverage altogether to better meet your needs.... --- ## 2Q2020 Market Commentary URL: https://www.patriotinvestment.com/blog/2q2020-market-commentary/ #### A Record-Setting Quarter Global equity markets continued their rebound from the dismal first quarter of 2020 and by the time the second quarter closed, the major U.S. indices had marched to record quarterly gains, including: • The DJIA recording its best quarter since the first quarter of 1987, with a gain of 17.8% • The S&P 500 recording its best quarter since the fourth quarter of 1998, leaping 19.9% • NASDAQ recording its best quarter since the fourth quarter of 1999, soaring 30.6% It should be noted that the second quarter rally came after a dismal first quarter and the contrast between the two quarters is dramatic, as the first quarter saw: • The DJIA turn in its worst quarter in history with a 23.2% drop • The S&P 500 turn in its worst quarter since the 2008 with a 20% drop • NASDAQ turn in its worst quarter since 2018, with a 14.... --- ## Global Market Commentary: First Quarter 2022 URL: https://www.patriotinvestment.com/blog/global-market-commentary-first-quarter-2022/ #### Markets Have Worst Quarter Since 1Q2020 Global equity markets had a volatile first quarter, ending down for the quarter, as March was not enough to make up for the poor returns from January and February. Additionally, the bond market suffered its worst quarter since 1980. For the first quarter of 2022: • The DJIA was down 5.2% • The S&P 500 was down 5.5% • NASDAQ was down 10.2% • The Russell 2000 was down 8.9% The themes that drove market performance in the first quarter were the same themes that drove markets toward the end of last year. However, in late February and throughout all of March, Wall Street dealt with the invasion of Ukraine by Russia and its impact on global markets. Volatility and oil prices spiked this quarter, driven by multiple issues, including Russia’s invasion, rising inflation, supply chain issues, and the Federal Reserve’s timing and size of rate hikes (we saw a 25 basis point hike in March).... --- ## What's My 2026 Tax Bracket? URL: https://www.patriotinvestment.com/blog/whats-my-2026-tax-bracket/ Understanding your tax bracket is crucial for effective financial planning in 2026 and beyond. Tax brackets are adjusted annually due to inflation and policy changes. Here, we outline the tax brackets for 2026 and some ways to reduce your taxable income.    2026 Federal Income Tax Brackets   The IRS adjusts tax brackets annually based on inflation, and for 2026, here are the tax rates for different income levels: 1   Single Filers:   • 37% for incomes over $640,600   • 35% for incomes over $256,225   • 32% for incomes over $201,775   • 24% for incomes over $105,700   • 22% for incomes over $50,400   • 12% for incomes over $12,400   • 10% for incomes $12,400 or less   Married Filing Jointly:   • 37% for incomes over $768,700   • 35% for incomes over $512,450   • 32% for incomes over $403,550   • 24% for incomes over $211,400   • 22% for incomes over $100,800   • 12% for incomes over $24,800   • 10% for incomes $24,800 or less   How Tax Brackets... --- ## Does The 4% Rule Hold Up? URL: https://www.patriotinvestment.com/blog/does-the-4-rule-hold-up/ One of the biggest challenges of planning for retirement is figuring out how much you can spend during your golden years. Retirement income planning requires careful preparation, and budgeting. A popular retirement income planning guideline is the 4% rule, which suggests that you live off 4% of your total investments during the first year of retirement. Then, you readjust every year in retirement based on your changing needs and inflation. But does this rule hold up? Is the 4% rule a good strategy for you as you plan for living in retirement? Let's dive into this rule a little deeper and consider whether it's right for you. What Is the 4% Rule? The 4% rule is a guideline for managing your retirement income and suggests only withdrawing up to 4% of your savings each year of retirement. For example, if you have $1,000,000 saved for retirement, you will withdraw $40,000 the first year.... --- ## The One Big Beautiful Bill And You URL: https://www.patriotinvestment.com/blog/the-one-big-beautiful-bill-and-you/ On July 4, the One Big Beautiful Bill was signed into law at a White House ceremony. This domestic policy bill extends the 2017 tax cuts set to expire this year, making some of those rules permanent. The bill also creates several new tax laws for individuals while addressing other tax issues for businesses. 1,2   It might be a good time to check with your tax, legal, or accounting professional about the changes in the law. Some will start this year, while other changes will kick in in 2026. Like previous tax laws, some new rules are scheduled to expire, while others are permanent. Here’s a look at changes expected to impact most tax filers shortly.   Taxes   One key feature of the One Big Beautiful Bill Act is the extension and revision of some of the tax laws that were part of the 2017 Tax Cuts and Jobs Act (TCJA).... --- ## How Is Inflation Calculated? URL: https://www.patriotinvestment.com/blog/how-is-inflation-calculated/ Inflation is a fundamental economic concept that affects the everyday lives of people around the world. It influences everything from the cost of groceries and housing to wages, savings, and investments. Understanding how inflation is calculated can help consumers make informed financial decisions and better understand changes in the economy.   What Is Inflation?   Inflation refers to the rate at which the prices of goods and services increase over time, reducing the purchasing power of money. In simple terms, when inflation occurs, the same amount of money buys fewer goods and services than it did before.   According to the International Monetary Fund (IMF), inflation measures how much more expensive a set of goods and services has become over a specific period, typically one year.¹   Measuring Inflation with the Consumer Price Index (CPI)   One of the most widely used measures of inflation is the Consumer Price Index (CPI).... ---