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Harbor Wealth Management

American Rescue Plan Act of 2021

The American Rescue Plan Act of 2021 (“Plan”) is an enormous piece of legislation designed to promote economic recovery and provide assistance to millions of Americans who have been impacted by the COVID-19 pandemic.  The Plan has a special focus on fighting poverty with several provisions that help low-income families, people who have lost their…

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Market Segment Cyclicality and the Rise of Small Caps

As we surpass the one year anniversary of the Covid-19 pandemic and accompanying market sell off, it is worth looking back on the ensuing market cycles that resulted. From the middle of February to the middle of March 2020 the Russell 2000, the small-cap index, plunged more than 40% while the S&P 500, the large-cap…

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Elyse Foster in MDLinx: Here’s how doctors can catch up on retirement savings

Elyse Foster, CFP® of Harbor Wealth Management in Boulder, CO recently spoke with journalist Naveed Saleh, MD, MS about physicians and their retirement savings. Many are not able to begin saving for retirement until well into their 40s.  At this point, it becomes a game of catch-up.  So, what’s a doctor to do? The article…

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Elyse Foster in Barron’s: How a Cash Stash Can Help Retirees Keep Peace of Mind, if Not Portfolio

Elyse Foster, CFP® of Harbor Wealth Management in Boulder, CO recently spoke with journalist Neal Templin about the importance of cash buckets. March 6, 2021 – While market downturns can be unnerving for any investor, they can be devastating for retirees who have begun spending down investments and must sell depleted shares of stock. If…

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What Else is a Respectable Credit Rating Good For?

Much has been said about maintaining a good credit history and high credit score.  But often overlooked is the fact that it can affect more than your ability to qualify for a mortgage or get the best interest rates on credit cards or auto loans.  Here are a few other things your credit score can…

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Staff Spotlight – Jennifer Baham

This year we are doing a Staff Spotlight series on each of the Harbor staff.  We will get up close and personal and have some fun with our Q & A’s. Jennifer Baham has been with Harbor since 2015. Read her full bio HERE.   What is the one thing you cannot resist?  Warm chocolate…

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Year End is Around the Corner!

Year-end continues to get more challenging for the financial industry every year. Consider acting now to make sure everything needed is completed before the end of the year. Possible tasks: If applicable, determine if you want to take your required distribution from your IRA or inherited IRA. Make a contribution to your child’s 529 account.…

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COBRA Deadlines Extended Due to Pandemic

Health insurance is a vital benefit but with record high unemployment numbers, millions of Americans are at risk of losing coverage or already have.  COBRA coverage can be a lifeline to employees who are now facing unemployment as it gives them the option to continue with their existing health plan.  But these plans can be…

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Q3 2020 Harbor Wealth Management Newsletter

Harbor Wealth Management’s most recent newsletter is now available — Harbor Q32020 This quarter we are bringing you articles about the economy, the election, COBRA deadlines, staff spotlights and more. We would love to hear from you. What type of articles would you like to see? Are there any financial planning, life event planning or…

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How to Remove Items From Your Credit Report

By Giancarlos Merced, Outreach Specialist, Money.com Credit is an important part of most people’s lives. It lets lenders know how trustworthy you are with borrowing money. This includes everything from a personal loan to a big financial commitment like a home mortgage. Yet, in 2020, a lot of people still have no idea how their…

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