Financial Wellness
How to Estimate Your Retirement Income Needs
Thinking About Retirement? Start With a Plan Planning for retirement isn’t just about saving money—it’s about knowing how much you’ll need. At California Community Credit Union, we’re here to help you prepare for your future with confidence. Here’s a step-by-step guide to help you estimate your retirement income needs. 1. Visualize Your Retirement Lifestyle Will…
Read MoreReflecting on the YTD Market Volatility & Recovery
Monthly Market Summary The S&P 500 Index returned +6.3%, its strongest 1-month return since November 2023. Large Cap Growth stocks led the rally, with the Nasdaq 100 and Russell 1000 Growth gaining +9.2% and +8.9%, respectively. Technology was the top-performing S&P 500 sector for a second consecutive month. Industrials and Consumer Discretionary sectors also gained…
Read MoreRising Policy Uncertainty Leads to Increased Market Volatility
Monthly Market Summary The S&P 500 Index returned -0.9%, outperforming the Russell 2000 Index’s -2.3% return. Technology was the top-performing S&P 500 sector, followed by Consumer Staples, Industrials, and Utilities. Energy returned -13.9% as oil prices fell -18.6%. Bonds ended the month unchanged despite intra-month volatility, with the U.S. Bond Aggregate posting a +0.4% total…
Read MoreClient Letter | 1Q 2025 Recap & 2Q 2025 Outlook
Key Updates on the Economy & Markets Stocks fell in the first quarter after two consecutive years of gains exceeding +20%. The year started off strong, with the S&P 500 reaching a new all-time high in mid-February. However, sentiment shifted late in February amid rising policy uncertainty in Washington, and the S&P 500 ended the…
Read MoreThe Market Navigates Economic and Policy Uncertainty in February
Monthly Market Summary The S&P 500 Index returned -1.3%, outperforming the Russell 2000 Index’s -5.2% return. Six of the eleven S&P 500 sectors traded higher, led by defensive sectors. Bonds traded higher, with the U.S. Bond Aggregate delivering a +2.2% total return. Corporate investment-grade bonds produced a +2.4% total return as Treasury yields declined, outperforming…
Read MoreIs It a Good Idea to Finance a Used Car?
Purchasing a used car can be a smart financial decision, offering significant savings compared to buying a new one. However, when it comes to financing a used vehicle, many buyers have questions about whether it’s the right choice. At California Community Credit Union (CACCU), we’re here to help you make informed decisions that align with…
Read MoreCalifornia Community Credit Union: Your Trusted Partners in Financial Education
In an era where financial literacy is more critical than ever, the California Community Credit Union (CACCU) stands out as a beacon of trust and education. With a commitment to empowering its members through knowledge, it offers a variety of resources and programs designed to help individuals make informed financial decisions. Among these are partnerships…
Read MoreHow to Achieve Financial Wellness
In today’s fast-paced world, achieving financial wellness has become the foundation of personal success. Financial wellness does not just mean being wealthy- it is about creating a balanced and sustainable relationship with money to support your life goals. This approach includes learning to manage your money wisely, finding ways to reduce financial stress, and making…
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