The Asteroid & the Portfolio Manager

Fidelity Investments has finally done it. The large Boston-based fund manager recently cut the management fees on two of their index-oriented stock mutual funds to zero—nada—NOTHING. Their arch rival Vanguard Group pioneered cheap, index-based investing in 1974. Forty-four years later, after decades of competitive innovation, fee-cutting and marketing hocus between[...] Continue reading

Tackling Debt Before & During Retirement

When anticipating retirement, advanced planning is the common thread that binds your financial future together. Therefore, managing debt during retirement is easier when you have a plan. Approximately 10 years before retirement, reassess your financial position and create a feasible plan to pay down consumer debt -- that includes credit cards, student loans and car loans.[...] Continue reading

How to Protect Your Smart Home From Hackers

In today’s digital world, everything from your lightbulbs to your locks, your TV speakers to even your car, can be connected to the internet and controlled by a handheld device. While these devices add convenience, smart home devices also bring unique cybersecurity dangers. The main issue? The more devices you have connected to the internet the easier it is for[...] Continue reading

Employee Spotlight: Aileen Rohrig

For our latest Employee Spotlight, we spent some time with Aileen Rohrig, who recently joined the Fort Pitt team as a client relationship specialist (CRS). In our sit down with Aileen, we discussed her day-to-day responsibilities, her favorite travel destinations and some of her hobbies. What is your job title and what are your main responsibilities in an average[...] Continue reading

Financial Challenges When One Spouse Retires First

In an ideal world, couples plan for and start their retirement at the same time, stepping away from a long-tenured career and excitedly starting the next chapter of their life together. Realistically though it might be hard for spouses to “pull the retirement trigger” at the same exact time, and when one spouse retires before another it can create tricky financial and[...] Continue reading