Prosperity Advisors

11/03/2026

One investment gained 270 percent in the first five months of 2026. Two months later, it gave back 67 percent. 😳

Why do smart people chase numbers like that? Psychologist Daniel Kahneman said it best: "Stories trump statistics." 🧠

A hot streak always comes with a story. The story is what sells. The math is what stings.

Riches to rags is an old pattern, and so is the reverse. When a return looks too good to be true, give the story the same scrutiny you'd give the number.

If a market headline has your attention, run it past us before it runs your portfolio. 💬

10/30/2026

We are excited to share that Prosperity team member, Sarah Jeter, will be joining the cast of the Lyric Opera of Kansas City's production of "The Marriage of Figaro" at the Kauffman Center for the Performing Arts!

For more information and tickets, visit https://kcopera.org/event/the-marriage-of-figaro/

10/29/2026

Nationwide's 2026 study surfaced three key lessons from parents:

🎯 Not starting early enough.
More than 25 percent of recent retirees wish they had started sooner. Fifteen years of compounding early in a career can make a HUGE difference.

🎯 Not raising the contribution rate as your income grows.
Thirteen percent of recent retirees wish they had contributed more to their savings each year.

🎯 Claiming Social Security at 62.
More than a third of boomers plan to claim benefits the moment they become eligible, even though doing so cuts the monthly benefit by 25 to 30 percent for life.

According to the SSA, waiting past full retirement age adds 8 percent per year, up to age 70.

Across the research, three things seem to matter most:

1️⃣ Starting early
2️⃣ Getting an outside perspective rather than relying on instinct alone
3️⃣ Treating retirement as something that unfolds over decades rather than a single date on the calendar

10/28/2026

💳 Carrying a credit card balance is becoming more common among Gen Z, even as other generations are moving in the opposite direction.

A Deloitte and ConsumerSignals survey found that the share of adults ages 18 to 29 carrying a balance from month to month rose more than 19% between late 2023 and mid-2026. Over that same period, the share declined among every other adult generation.

And with average credit card interest rates around 21% in August, those balances can become expensive.

For younger adults juggling housing costs, student loans, and everyday expenses, there's another challenge: deciding how to balance paying off debt with saving for the future.

High-interest debt can make it harder to build emergency savings or contribute toward long-term goals. But factors such as interest rates, available savings, and workplace retirement benefits can all influence which financial priorities deserve attention.

The important takeaway? A credit card balance isn't just about what you owe today. It's also about how interest may affect what you have available tomorrow.

Deloitte finds the share of Gen Z borrowers carrying credit card balances rose nearly 20% from Q3 2023 to Q2 2026.

10/28/2026

Prosperity Advisors was a title sponsor for the Auditory Verbal Center's annual charity golf tournament on October 5th. The center supports early intervention for infants and toddlers who are deaf or hard of hearing, helping them develop listening and spoken language skills without relying on sign language or lipreading.

In addition to serving as a title sponsor, Prosperity sponsored two teams in the tournament. It was a fun day on the course supporting an organization that makes a meaningful difference in the lives of children and their families!

To learn more about the Auditory Verbal Center and their mission, visit their website here: https://www.avchears.org/

Please note: The charitable entities and/or fundraising opportunities described herein are not endorsed by, or affiliated with Cetera Advisors LLC or its affiliates. Our philanthropic interests are personal to us and are not reviewed, sponsored, or approved by Cetera Advisors LLC.

10/28/2026

Partner and financial advisor, Joel Morrison, joined with Prosperity Network of Advisor's Sr. Service 1st Administrator, Megan Reed, earlier this month to volunteer with Habitat for Humanity KC’s recent Pride Build.

“It’s always rewarding to take part in projects that make a real difference in the lives of others and helping build a home is a hands-on way to support our community and contribute to something that will have an impact for years to come," said Morrison.

Joel and Megan were grateful for the opportunity to be involved in this project with Habitat for Humanity KC. To learn more about Habitat for Humanity KC and its mission to bring people together to build homes, communities, and hope, visit their website: https://habitatkc.org/

Please note: The charitable entities and/or fundraising opportunities described herein are not endorsed by or affiliated with Cetera Advisors LLC or its affiliates. Our philanthropic interests are personal to us and are not reviewed, sponsored, or approved by Cetera Advisors LLC.

10/27/2026

Congratulations to operations team people lead and insurance case coordinator, Meghann Bates, on her 4th "Prosperiversary," which she celebrated on October 24th. Meghann, we are proud to have you as a member of our team!

10/19/2026

Social Security recipients will receive a 3.6% cost-of-living adjustment (COLA) in 2027, translating to approximately $75 more per month on average.

The increase comes as inflation continues to affect everyday expenses. September's Consumer Price Index showed prices rising 3.7% over the past year.

But will the adjustment be enough? A September AARP survey found that roughly three-quarters of adults age 50 and older didn't believe a 3.5% COLA would keep pace with rising prices.

The actual increase will vary by recipient, and expenses such as health care, housing, and groceries may affect how far that additional income goes.

The Social Security Administration projects a 3.6% cost-of-living adjustment for older adults and people with disabilities starting in 2027.

10/19/2026

What happens to your cash flow when you stop earning a paycheck?

The 2026 EBRI Retirement Confidence Survey caught something interesting about that shift.

📊 Among workers, 33 percent say they turn to a financial professional for guidance.

📊 Among retirees, that number climbs to nearly 40 percent.

National Retirement Security Week (October 19–25 this year) is a reminder to check whether your strategy is evolving with your lifestyle priorities.

If retirement is within a few years, the practical step is not rebuilding the strategy today.

It's identifying the two or three moving pieces that are no longer theoretical, the day you stop working, and consider working with a financial professional who can help guide you.

10/16/2026

Every other week, the Overland Park office enjoys a visit from Heartstrings Goody Delivery, which is a mobile snack delivery service. On October 13th, client service representative, Connie Martin, and director of business administration, Sally Jenkins, had the opportunity to attend a special “Thank You” event recognizing the organizations that support the Goody Delivery program.

To learn more about the Heartstrings Community Foundation and their mission, visit their website here: https://heartstringscf.org/

Please note: The charitable entities and/or fundraising opportunities described herein are not endorsed by, or affiliated with Cetera Advisors LLC or its affiliates. Our philanthropic interests are personal to us and are not reviewed, sponsored, or approved by Cetera Advisors LLC.