Greetings Everyone,
Monday, January 17th was Martin Luther King Day, a day of service and remembrance. Sarah Berry shares the World Arts Foundation Inc. link below from their program Keep Alive The Dream. This year it was broadcasted on PBS. This historical film directed by Elijah Hasan documents African American communities in Oregon honoring the legacy of Rev. Dr. Martin Luther King, Jr. Since 1978, the World Arts Foundation has hosted an annual Martin Luther King tribute event.
On Sunday in Lake Oswego, Martin Luther King was honored by the city and local organizations with a silent march; the event also included speakers and music.
Financial Planning – 2022 IMPORTANT NUMBERS
Every year there are changes in retirement plan numbers. The chart below will help guide you regarding retirement plans, traditional IRA and Roth IRA contributions, Traditional IRA deductibility and education tax credit incentives. Also listed is the Uniform Lifetime Table for (RMD) calculations. Estate gift exclusions are now at $12,060,000 currently.
Health Savings Accounts can be useful preretirement as well as a great help in offsetting qualified medical expenses once retired. Ask us for a PDF of this information or a printed copy if you find it useful.
Willamette Falls – Oregon History and The Legacy Project
Linette and I took a drive south along 99E and stopped at the roadside view just south of the tunnel coming from Oregon City. This picture below was our view of Willamette Falls. Sometimes it is refreshing to pause in our day and appreciate the beauty right in front of us. This place is breathtaking, but it is also the seat of history for Oregon.
For centuries, Willamette Falls has been a significant cultural, fishing and gathering place for Native American Tribes. Can you imagine that Lewis and Clark would have met these natives who lives here in the early 1800s? There will be many changes to the river with the Willamette Falls Legacy Project building a public river walk for all to enjoy.
Did you know that this was the final destination for westward settlers, the end of the Oregon Trail? It was also the first site of the world’s first long-distance electrical power transmission line, from Oregon City to Portland. Willamette Falls is the second largest falls in the United States by volume only surpassed by Niagara Falls.
Here I discovered a historical video you might enjoy. Willamette Falls – Where the Future Began, produced by Portland General Electric
Photo by Linette Dobbins
Thank you for opening these emails and letting us share resources, community news, personal stories, and financial planning highlights. Let us know if you’ve got something special to share with us and we can include it.
Judith McGee, L.H.D., CFP®, ChFC®
Executive Vice President and Senior Lead Advisor
This week's economic news focuses on the housing sector, with the December data on housing starts and existing home sales. The number of building permits rose 3.6% in November, while housing starts jumped 11.8% — both signs that new home construction is on the upswing. Sales of existing homes have also been on the rise since September 2021. November saw existing home sales increase 1.9%, another indication that the demand for housing is solid.
Source: Broadridge Investor Communication Solutions, Inc.
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