by Gregory Schaffer on Dec 7, 2018
by Gregory Schaffer on Dec 6, 2018
by Gregory Schaffer on Oct 11, 2018
The Social Security Administration announced today that 63 million beneficiaries, including retirees, disabled workers and their eligible dependents and surviving family members, will receive a 2.8% increase in benefits next year, the largest annual cost-of-living adjustment since 2012.
by Gregory Schaffer on Sep 26, 2018
by Gregory Schaffer on Sep 14, 2018
It is with great pleasure to announce that The Gregory L. Schaffer Companies has been nominated for Small Business of the Year for 2018.
by Gregory Schaffer on Aug 31, 2018
Changes in the economy and interest rates can have a big impact on your fixed-income portfolio. As interest rates rise, bond fund values become less and vice-versa. Also the longer the duration of the bond, the more volatile this concept is so in a rising interest rate environment, it is wise to keep your bond as low as possible to avoid losing principal. Your financial advisor can help you build a portfolio that’s right for you based on your goals and how much risk you’re comfortable with taking.
by Gregory Schaffer on Jun 15, 2018
I am grateful to announce another milestone in the history of The Gregory L. Schaffer Companies; our 34th anniversary.
by Gregory Schaffer on May 25, 2018
Mortgage Rates RISING!!!
Home sales are slowing, could be rising mortgage rates or low housing inventory but all asset classes have cycles and housing will in my opinion slow down with rates rising regardless.
The past week, the average 30-year fixed mortgage rate increased from 4.61% to 4.66%, the highest level since May 2011, mortgage giant Freddie Mac said Thursday. The rate is up from 3.95% at the start of the year and a recent low of 3.78% last September.
by Gregory Schaffer on Dec 19, 2017
by Gregory Schaffer on Oct 31, 2017
In the great quest for “making our money last in retirement”, where you live makes a substantial difference.