Morrison Financial Group BLOG

We help individuals and families pursue their ideal retirements.

What’s Going on in Real Estate?

September 8, 2020

Overall, the U.S. residential real estate market has held up fairly well so far during the global pandemic. Industry experts say that the current economic decline is expected to affect retirement a bit differently than the Great Recession, largely due to housing prices remaining strong in many areas of the country.1 One reason is because,…

Deep Dive Into Drug Prices

September 1, 2020

The high cost of prescription medications continues to afflict Americans. Despite an ongoing focus by the Trump administration — including recent executive orders containing potential changes — the government has not imposed significant regulations that have helped curb price growth.1 As a result, maintenance drug prices have increased out-of-pocket spending for about 30% of Americans…

What the Pay Disparity Means for America

August 25, 2020

Women remain behind the curve compared to men when it comes to equal pay. With the surge of unemployment caused by the pandemic, this situation appears to have worsened. More women than men have lost their jobs in recent months. The unemployment rate for black women is higher than that of white women, black men…

Home Health: Has the Time Come?

August 18, 2020

The health care industry has been trying to contain expenses through technology offering medical services to people at home. Some insurance plans offer a 24-hour nurse line, allowing you to call a nurse for advice in the middle of the night about a child’s high fever rather than rush to the emergency room. Some providers…

The High Price of Health Care in America

August 11, 2020

If the U.S. health-care sector was a separate country, it would be the fourth largest economy in the world when measured by gross domestic product. Currently, the nation spends an average of $3.5 trillion annually on health care, more than Australia, Brazil, Canada, China, France, Germany, Italy, Japan, Spain and the United Kingdom combined.1 If…

College Disrupted

August 4, 2020

Colleges all over the country have introduced incoming freshmen to orientation online, an entirely different experience. The online format offers several advantages in that more information can be presented and web pages bookmarked for future reference. This may be preferable to the barrage of information students normally receive during a seemingly rushed one-to-two-day orientation. However,…

Keeping an Eye on Hurricane Season

July 28, 2020

As if the U.S. doesn’t have enough concerns, the National Oceanic and Atmospheric Administration (NOAA) predicts a busier-than-usual hurricane season this year. The organization expects 13 to 19 named storms between June 1 and Nov. 30, 2020, with as many as six major hurricanes (category 3, 4 or 5; with winds of 111 mph or…

Dealing with Financial Hardship

July 21, 2020

A recent poll found that nearly one out of every five Americans are experiencing financial hardship due to the COVID-19 outbreak and subsequent lockdowns.1 With reported infections soaring in recent weeks, financial stress could affect even more citizens as various areas of the country struggle to contain the pandemic. However, what may happen in the…

Rerouting Your Summer Vacation

July 14, 2020

All is not lost. If you planned a multicity tour across Europe or Asia this summer, you’ve probably already rethought those plans. But that doesn’t mean you have to abandon the idea of a vacation altogether. Perhaps a domestic destination, a little ingenuity and a lot of family unity are just what you need. As…

What the Increasing National Debt, Deficit Could Mean for You

July 7, 2020

If you’d like to see a snapshot of what’s going on with national debt versus revenue, check out the U.S. Debt Clock. While there’s a lot moving on one screen, you can take a look at individual blocks to see how much the U.S. takes in via tax revenues compared to what it pays out…

The Future of Retail Raises More Questions Than Answers

June 30, 2020

Will we learn to live with less? Some lessons were learned when the U.S. initially closed up shop and told everyone to stay home. For example, we can live without extra-soft, double-ply toilet paper and go a whole weekend without shopping at a store or eating at a restaurant — but we’d rather not. Yet…

Drug Prices Amid the Coronavirus Pandemic

June 23, 2020

A study published in May in the Journal of Virus Eradication reported on nine potential medications that could be used to treat the coronavirus. Based on how much these drugs currently cost, researchers projected prices for a generic version. For example, in the case of sofosbuvir (a drug used to treat hepatitis C), the price…

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