Blog Posts

Some Life Lessons From Byron Wien

Posted by Financial Strategies Group in Blog Posts

We wanted to share a recent letter that Blackstone sent out in memory of the “Wall Street Seer” and very much beloved Byron Wien. He had so many life lessons to share with us all and it’s by sharing stories and life lessons like these…

Mind Over Matter: Some Thoughts on the US Debt Ceiling

Posted by Financial Strategies Group in Blog Posts

The debt ceiling, or limit, reflects the amount of money the United States (US) Congress has authorized the government to borrow and Congress can authorize increases when the government nears or reaches the existing limit. The US effectively reached the debt limit in January, triggering…

The Housing Outlook for 2023

Posted by Financial Strategies Group in Blog Posts, Economic Update

The housing sector was a huge and early beneficiary of the super-loose monetary policy of 2020-21. But, once the Fed started tightening, housing took the lead downward, as well. This isn’t a repeat of the 2006-11 housing bust, but it will drag on. Don’t expect…

How Much do Retirees Spend on Healthcare Costs?

Posted by Financial Strategies Group in Blog Posts

One source of financial risk that older Americans face is high health care expenses. Although the largest share of these expenses is due to predictable insur- ance premiums, retirees can pay sizable additional out-of-pocket costs as well.1 Medicare and Medicaid help reduce this risk, but…