CBS Detroit – Michael Nemes Discusses Stellantis Layoffs
The automaker recently announced plans to lay off 2,500 employees. Michael Nemes joined CBS Detroit to discuss essential financial best practices for these employees and families.
The Great Wealth Transfer
An estimated $90 trillion of accumulated wealth is expected to be inherited over the course of the next two decades. For families and their financial advisors, this presents both an opportunity and a responsibility.
Many Happy Returns
Tax refunds are a welcome sight; after all, most people feel better receiving money from the government rather than writing a check at the end of the year.
Unfortunately, a refund isn’t necessarily cause for celebration and, if you spend that money, you may only compound the problem.
A Window of Opportunity
The Tax Cut and Jobs Act of 2017 (TCJA) made sweeping changes to the tax code. For most families and individuals, the most impactful changes included reduced income tax rates and an increased standard deduction
CBS News MoneyWatch – Choosing the right CD in today’s rate environment
Chris Nemes, partner at Nemes Rush Family Wealth Management, offers advice on aligning the maturity of certificates of deposit (CDs) with your upcoming cash needs with MoneyWatch reporter Jake Safane.
CNN – No retirement savings at 40? Here’s a comprehensive guide
Michael Nemes, financial advisor at Nemes Rush Family Wealth Management, shares retirement tips with CNN reporter Kate Stalter for those initiating retirement savings later in life.
Work Your Core for 2024
While most of us relate core strength to physical fitness, there’s also an important aspect of your financial life that has to do with your core. That would be your core spending and expenses, and what better time to address those principles than heading into the New Year?
The Going Rates
The Federal Reserve’s September meeting left investors with much to consider, including that interest rates would remain unchanged (although further hikes aren’t out of the question), and that inflation is still a major focus.
FOX 2 Detroit – Managing your finances during a strike
Brian Nemes, partner at Nemes Rush Family Wealth Management, offers some advice on how to prepare and manage your finances in the event of a strike on FOX 2’s The Nine with Deena Centofanti.
FOX 47 Lansing – Distribution centers striking could have a huge financial impact on Big 3
FOX 47 reporter Larry Wallace spoke with Charlie Nemes to discuss the financial implications of the UAW strike, including the cost to automakers, the economy and the impact on customers.
Retirement Planning
There have been thousands of articles written with catchy titles about, “the one secret to a safe retirement.” However, there’s no silver bullet when it comes to retirement planning.
Reach the Summit
With inflation remaining high, the medium-term economic outlook somewhat uncertain, and global markets continuing to experience a high degree of volatility, it’s an excellent time to schedule a Summit Meeting: the kind of in-depth sit-down with a trusted advisor to conduct an essential review of your estate planning strategy.
