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Banking & Finance

Income-to-asset ratio can guide retirement timing

Cost of living expected to double in 24 years of being in retirement
December 1, 2022
Michael Maehl
Whether you're already retired or it's moving closer to reality for you, there are some things you should consider when managing your investments. Up until retirement, you simply accumulate assets. You get paid and a portion goes to your retirement
Read More

Women maintain 401(k)s as inflation concerns mount

Recession hasn't affected long-term savings plans
December 1, 2022
Erica Bullock
In general, Spokane-area women participating in 401(k) retirement plans are either maintaining or increasing their contributions to the plans, although inflation is a major concern for many, some financial and wealth advisers here say.
Read More
—Virginia Thomas

Spokane Symphony looks to orchestrate more profitable shows

Regression approach uses data to predict Spokane's appetite for visiting artists
December 1, 2022
Virginia Thomas
The Spokane Symphony has developed a new model to guide booking decisions and forecast ticket sales at The Martin Woldson Theater at the Fox, in downtown Spokane.
Read More
—Karina Elias

Planning for more planners: Whitworth to launch financial planning master's program

New offering emerges as industry struggles to find sufficient number of new advisers
December 1, 2022
Karina Elias
Wealth managers are recruiting new financial advisers here and across the country to maintain service levels and replenish an aging workforce, industry representatives and educators say.
Read More

Offering wellness tools can help retain employees

Workers feel stressed by economic conditions
November 17, 2022
Kurt Walsdorf
As labor shortages continue to impact companies across industries, businesses are shifting their focus to employee retention. According to Bank of America's recent Workplace Benefits Report, 46% of
Read More
—File

Treasury4 secures more than $3.5M in seed funding

Fintech startup here said to be moving to commercialization
November 17, 2022
Virginia Thomas
Treasury4 Inc., a Spokane-based fintech startup formed last year, has secured more than $3.5 million so far in its second round of fundraising, which will be used to launch the commercialization phase of the company's software products.
Read More
—Karina Elias

Health care insurance rates soar in Spokane

Small businesses hit with double-digit hikes in some instances
November 17, 2022
Karina Elias
Small employers in Washington state face double-digit increases in health-care insurance rates for 2023, in some cases.
Read More

Downturn might be good time for Roth conversion

Bear market may make tax trade-off worthwhile
November 3, 2022
Rick Biel
One silver lining in the current bear market is that this could be a good time to convert assets from a traditional individual retirement account to a Roth IRA.
Read More

It's time to prepare for rising cost of borrowing

Higher interest rates can affect consumer behavior
November 3, 2022
Joseph Lanham
The Federal Reserve is expected to continue raising interest rates to counteract inflation. The prospect of rising rates may seem daunting for small business owners, but the reality so far may have been less worrisome.
Read More

Emotion can be inverse sign of next market trend

Daily headlines shouldn't shake long-term strategy
November 3, 2022
Michael Maehl
Last time we had a bad market was almost 15 years ago. And here we are again. The year 2022 may be known for more than just the size of the losses in the stock market. According to Morningstar, this may be the first time that all 20 types of taxable bond
Read More
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