Updates

Many employees of Eli Lilly will consider a Voluntary Early Retirement Program (VERP) offer as Lilly looks to workforce reductions in an effort to improve its cost structure. Approximately 3,500 positions are expected to be impacted by the reductions. VERP offers can be complicated. You should compare the value of the enhanced benefits being offered … more »

An issue that has come up frequently the last several years is when people have money in savings that they don’t need right now but they need it in a year or two for some specific goal like a vacation or a down payment on a house. Savings accounts are paying less than one percent … more »

Ahh summer. The time when it seems like we all relax a little bit more and life is a little more simple. The kids don’t have to be up and out the door for school before the sun’s up. No school lunches to be prepared or field trip permission slips to remember to sign and … more »

The Dow Jones Industrial Average finished down 237.85 points or 1.14% yesterday. This is no big deal. In fact, the market has declined 5% or more every 5 months on average since 1946*. That’s 183 times. Dare I say it’s normal. Here’s an excerpt from an excellent article that appeared at Bloomberg.com, written by Charles … more »