February 2021
Market Update

The February 2021  Market Thoughts Video is now available on our website. Brad McMillan, Commonwealth's CIO, recaps the market and economic news for January. Most developed markets were down slightly, including the Dow and S&P 500 in the U.S., as well as developed markets abroad. Despite the weak January numbers, markets remain near all-time highs. On the economic front, layoffs were high and retail spending dropped. But with federal stimulus payments, consumer confidence has begun to recover, boosting higher-frequency spending data. So, will the recovery remain resilient? 

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2021 Key Numbers
This time of year tends to be a time when we think more about our financial goals and what adjustments need to be made to our long term road map. The 2021 Key Numbers  are a handy resource as you consider your planning and something you can refer back to during the year.
Financial Aid Changes on the Horizon

On December 21, 2020, Congress passed the Consolidated Appropriations Act, 2021, another relief package in response to the pandemic. Included in the bill were several provisions related to education, including many changes to financial aid. Here are some key highlights.
Controlling Health Care Costs

Health care costs continue to rise in part due to new technology, advanced testing, and "designer" drugs along with a "fee for service" system that encourages doctors to do more. There are a number of  steps you can take to get the care you need and keep costs under control.

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