October
2015
U.S. Third Quarter GDP was 1.5%
The U.S. economy slowed to annual growth rate of 1.5% in the third quarter from 3.9% in the spring, mostly owing to a smaller buildup in warehouse inventories. 10.29.15
National Estate Planning Week
October 19 – October 25 is National Estate Planning Awareness Week. Estate planning is an essential part of everyone’s personal financial plan regardless of age, health or wealth. We recommend that all individuals have the following estate planning documents in place: Last Will and Testament, Durable Power of Attorney, and Advanced Medical Directives (ie Health Care Representative appointment). Each document has a specific and unique purpose which are critical to ensuring that assets and possessions are passing as intended. Galecki Financial Management would be happy to assist you in your estate planning review. Call our office at 260-436-8525 and ask for one of our Certified Financial Planner (CFP®) Professionals. 10.19.15
No Cost of Living Increase for Social Security
WASHINGTON (MarketWatch) – The downside to low inflation: Americans who collect Social Security won’t get an increase in their monthly checks in 2016. 10.15.15