Insights
Inflation, higher interest rates and rapid advances in AI are shaping the economy—and could affect your financial reality. Watch Thrivent’s recent Q4 Market & Economic Update for a clear look at what’s happening and why staying focused on your long-term goals matters: https://bit.ly/4eh5DWv
Reach out if you have questions or want to talk through your strategy.
Strong employment and accelerating retail sales point to a resilient consumer heading into the holiday season, even as prices remain elevated. Hear why Thrivent Senior Portfolio Manager Lauri Brunner sees reasons for optimism: https://bit.ly/4eh5DWv
What could give the economy momentum in 2027—and what could slow it down? Thrivent Chief Financial & Investment Officer David Royal explains why AI investment and strong employment offer reasons for confidence, while higher interest rates could create headwinds. Watch the clip: https://bit.ly/4eh5DWv
Thrivent Social Media Privacy Policy, Guidelines, Disclosures & DisclaimersPer Stirpes: What does this mean?
I was talking with a friend who was helping her father do his tax return. She happened to come across a statement from his investment company and notice the beneficiary designations. They went like this:
Bill 25% per stirpes
Allen 25% per stirpes
Mary 25%
Jane 25%
What would this mean if their father passed away? Per stirpes is a Latin phrase meaning “by branch”. It designates who will inherit assets if a beneficiary dies before the account owner dies.
If Allen predeceased their father, his 25% would pass to his children, per stirpes. But if Mary predeceased their father, her 25% would pass to the survivors Bill, Allen, and Jane. Mary’s share would not pass to her children.
My friend talked with her father to ask why it was designated this way. He didn’t know and said it was incorrect. Her dad updated the beneficiaries.
This is just a reminder to do an annual review of your beneficiary designations. And if your parents will allow it, review theirs as well to make sure they align with their goals.
See thrivent.com/social for important disclosures.
Giving’s greatest season is here. Do you have a plan in place to amplify your charitable impact and maximize your tax benefits? Together, we can discuss strategies to make the most of all you’ve been given.
See thrivent.com/social for important disclosures.
Planning for retirement doesn't have to be puzzling! We're here to help. 651-493-8883. (Charlie solved the Rubik's cube on his first try!)
For disclosure information, see thrivent.com/social
Savvy Social Security Workshop | Register today: http://bit.ly/3iTmc1r
There’s still space available at our free “Savvy Social Security” workshops on May 16 & 18. Learn how to help determine the ideal time to apply and ways to maximize your Social Security benefits while minimizing taxes on those benefits.
No products will be sold. For more information visit Thrivent.com/social.
Thinking about ways to use your tax refund? From building your emergency savings to paying down your debt, here are some other ideas to consider: bit.ly/3TPvUjh
Savvy Social Security Workshop | Register today: http://bit.ly/3iTmc1r
Join us for a free online webinar “Savvy Social Security” on May 16 or May 18. Learn how to help determine the ideal time to apply and ways to maximize your Social Security benefits while minimizing taxes on those benefits.
No products will be sold. For more information visit Thrivent.com/social.
Our financial advisors don't go it alone. They're surrounded by a vast network dedicated to their success. For a career that combines independence and comprehensive support: thriventcareers.com/support-network
Recent severe weather across the U.S. has left a path of destruction and devastation. Consider meeting essential needs by volunteering, donating or volunteering. Learn more about how you can help: https://bit.ly/3Mgvhxk
2nd Quarter 2023 Market Outlook: Banking turbulence impacts the Fed’s glide pathThe Fed’s fight against inflation became a little more difficult as a result of the recent banking crisis, but income investors still have improved options in the bond market. For a rundown of expectations for the stock and bond markets and the economy, see Thrivent's 2nd Quarter Market Outlook.
A scripture to ponder on Good Friday: “He himself bore our sins in his body on the tree, that we might die to sin and live to righteousness. By his wounds you have been healed.” –1 Peter 2:24
To learn more about how you can receive caregiving guidance and support from Thrivent, take a look at this helpful resource: https://bit.ly/3nq8AN4
Beautiful blooms and the promise of Spring!
I planted an amaryllis bulb from Rachel Kinney's Paisley Gardens store in Northfield a couple months ago. The blooms are spectacular and remind me that Spring is just around the corner.
Wishing you a blessed Palm Sunday. "And my soul shall be joyful in the Lord: it shall rejoice in his salvation.” –Psalm 35:9
Eligible Thrivent clients: You still have time to direct 2022 Choice Dollars®️ by March 31. This is a great opportunity to recommend where some of Thrivent’s charitable outreach funds go! To direct your Choice Dollars®️, log into your account here: https://bit.ly/3zbSZmF