Kendall Capital

The month in brief. Stocks corrected, investors sighed, and Wall Street couldn't wait for May to end. In performance terms, it was the Dow’s poorest May since 1940 and the S&P 500’s weakest May since 1962. European debts hung like a dark cloud over the markets – and took attention away from earnings and some positive indicators at home.

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Retiring in Montgomery County - The 2 Biggest Misconceptions

While the idea of retirement has changed, certain financial assumptions haven't.

We’ve all heard about the “new retirement”, the mix of work and play that many of us assume we will have in our lives one day. We do not expect “retirement” to be all leisure. While this is becoming a cultural assumption among baby boomers, it is interesting to see that certain financial assumptions haven’t really changed with the times.

In particular, there are two financial misconceptions that baby boomers can fall prey to – assumptions that could prove financially harmful for their future.

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