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As summer ends and fall begins, another seasonal event is about to happen: workplace open enrollment. If your employer offers benefits, now is a good time to reexamine your options and coverages to see if you should make any changes before enrolling for your 2022 plan year. Not all employers have their open enrollments in the fall, but this is still a good time to evaluate what is on offer so you’ll be ready when the time comes. And of course, at Cadence we’re available to help you navigate through your options. Health Insurance Plans Even if you plan to…

When people feel like they have a lot of control over their lives, uncertainty is a mild irritant at worst, and a fun challenge at best.  The uncertainty of what you’re going to do when you wake up in an exotic hotel and your vacation day is completely unplanned is one of life’s joys.  However, the uncertainty of what you would do if you lost your income, or someone got sick, or your expenses suddenly increased is one of life’s great anxiety-inducers.  The global pandemic has both made us more aware of the uncertainties that are always present, as well…

If there’s one thing that most people would agree on, it’s that having an economy that benefits both the worker and the business owner is a good thing – the best of both worlds. There is opportunity for those who want to risk their capital in pursuit of greater financial success as well as for those who want to earn a good living with the security of a steady job. Unfortunately, this ideal balance between capital and labor proves elusive. Without going into a long white paper as to why this is the case, we’ll simplify by saying that when…

“The Simpsons” debuted on Fox on December 17th, 1989.  At that time the patriarch of the family, Homer, was 34 years old, putting him solidly in the middle of the Baby Boom generation.  His wife, Marge, also a Baby Boomer, stayed home to manage a household of three children, a dog, and a cat, while Homer reported to work (most days) at Springfield’s nuclear power plant.  At that time in 1989, a blue collar worker and a stay at home spouse raising three children was not particularly unusual as one-income families could own their own home, feed their growing families,…

It’s a pretty common occurrence to hear someone has had their identity stolen, or credit cards duplicated, or bank account compromised.  Despite the security industry’s best efforts, there are still weak links in the chain when it comes to our financial information and access.  The best time to add additional security to your online or phone access is BEFORE someone tries to log in or call in as you.  Because Cadence Wealth custodies most of its client assets at Charles Schwab, we are able to pass along the various ways to increase the security on Schwab accounts, but we encourage…

“The stock market is not the economy.”  Maybe you’ve heard this before, as any time the economy seems to be struggling but the stock market isn’t we are reminded that these two things are not synonymous.  However, they are related to enough of an extent where when one is doing well or poorly, we generally expect the other to follow suit.  It’s practically guaranteed that the stock market will rebound before the economy does during recessions, but how long can company stocks outperform the economies in which they exist, and what could the consequences look like? To understand why the…

Saturday Night Live fans may remember the skit where Bruce Dickinson (played by Christopher Walken) helps Blue Oyster Cult nail the recording of their hit “The Reaper”. It’s a great cast of actors in this bit, but Gene, played by Will Farrell, has the leading role in his struggle to inject just the right amount of cowbell into the song. After a number of abrupt breaks in recording initiated by the lead singer, who grows increasingly agitated by the incessant banging behind him, Christopher Walken (in the character of Bruce Dickinson) in his one-of-a-kind delivery first proclaims “I gotta have…