Midwestern Financial

Passionately serving beginning investors, mid-life savers, and retirees by putting their interests first. Managing Partners @JosephJayMFG & @Pat_Campbell

[Midwestern Financial @Value_Drivers]

MFG had a great time golfing in the 2022 Swing with the Celebrities Golf Tournament presented by our friends at Hawkeye Legacy.

More than $38,000 was raised for Special Olympics Iowa athletes and Unified partners!

[Midwestern Financial @Value_Drivers]

We're hiring!

As MFG continues to grow, so does our team. With the opportunity to have a core role in our expanding investment advisory landscape, we're looking to add an advisor.

If you or someone you know is interested, share the information below!

https://t.co/tZ2kHLsYLG

[Midwestern Financial @Value_Drivers]

Consumer finances - look at that debt service chart. Consumers are very strong!

[Midwestern Financial @Value_Drivers]

IPERS does not adjust benefit payments for inflation. Listen to learn how this may impact your retirement and what you can do to better understand your progress towards a confident retirement.

[Midwestern Financial @Value_Drivers]

Historic IC has changed just a bit since these pictures. Which piece of art in the MFG office is your favorite?

[Midwestern Financial @Value_Drivers]

Maximum deferrals to retirement accounts are set see increases across the board in 2022, while income limits on eligibility for Roth contributions also see a boost.

https://t.co/2zOpn1g9bX

[Midwestern Financial @Value_Drivers]

Anything is possible looking forward, but historically there has been a tipping point in which rising rates have historically impacted equities.

Disclosure: past returns are not indicative of future results.

[Midwestern Financial @Value_Drivers]

It's important to understand the risks that go into choosing a Medicare plan at age 65, with more than just your current health to keep in mind. https://t.co/ipc7ZbU2JY

[Midwestern Financial @Value_Drivers]

For those with a full retirement age (FRA) of 65:

Each year delayed beyond full retirement age increases 7%.

Claiming SS at age 70 sees 131.5% of FRA SS benefit.

Saving into IRAs is crucial in bridging the gap in years as SS reaches maximum value.
https://t.co/WJ075n8lOe

[Midwestern Financial @Value_Drivers]

Feeling the hype of gameday weekend downtown in IC. Go Hawks!

[Midwestern Financial @Value_Drivers]

Any idea if your savings account is maintaining its purchasing power? In the last 10 years, they've been far from keeping up with inflation.

[Midwestern Financial @Value_Drivers]

"The mantra to which the company has held true for decades will now be only mostly true."

Dollar Tree raises prices above a dollar as the costs of clothes, cars, food, and even shipping have seen an increase this year.

https://t.co/LuRJGH6KVr

[Midwestern Financial @Value_Drivers]

Bullish sentiment dropped to 22.4%, according to the American Association of Individual Investors weekly sentiment readings. This is in the bottom 5% of figures since the report began in 1987. A drop this large, 16.5%, has only occurred about 1.9% of the time (via @bespokeinvest)

[Midwestern Financial @Value_Drivers]

The proposed EV tax credits include increases for union-made vehicles in the U.S., cars that have at least 50% domestic content, and even for batteries made in the U.S. The total possible credit sits at about $12,500.

https://t.co/fGTZ4z8D7i

[Midwestern Financial @Value_Drivers]

Our approach to each of our clients’ plan adapts as their story evolves.

As income outgrows expenses, we commonly see 5 essential questions shared by clients with annual household income between the $200k-500k mark.

Read the rest on our website: https://t.co/Y2VuQiWWbW...

[Midwestern Financial @Value_Drivers]

With the strongest of optimists calling Mark Zuckerberg's Metaverse "the next internet," what potential does it really have for business, social settings, and future life? https://t.co/hau5h2xy8v

[Midwestern Financial @Value_Drivers]

Of U.S. companies generating the most revenue:

#1 $WMT hit annual sales of over $122 billion more than #2 ranked Amazon.

Warren Buffett's $BRK has seen an annualized gain of 13.1% since 1990.

$COST brought in revenues of 186.6 billion, selling over 100m rotisserie chickens.

[Midwestern Financial @Value_Drivers]

As household income changes, so do the questions our clients have, and focuses shift as income grows faster than expenses.
In part two of our 3-part series, MFG answers the 5 most common questions asked by those with household incomes between $200K-$500K.
https://t.co/cI2qw7jp2P

[Midwestern Financial @Value_Drivers]

In addition to PSG's existing cryptocurrency fan token, Messi's new contract included NFT tokens worth an estimated $29-35 million... Could Crypto become a new incentive in professional sports? https://t.co/WRYQjxhEAN

[Midwestern Financial @Value_Drivers]

Happy Friday from MFG’s morning view on the ped mall!